Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ISA HoldingsJSE:ISA 86 Cyclically Adjusted PS Ratio is 2.79 as of Jul. 17, 2026, which is 33% above its 10-year median of 2.09. GuruFocus rates JSE:ISA with a GF Score™ of 86/100 and a GF Value™ of R2.25 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,590 Software companies, ISA Holdings ranks worse than 61.64% on this metric.
The historical rank and industry rank for ISA Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:
JSE:ISA'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.68 Med: 2.09 Max: 3.73
Current: 2.63
During the past 13 years, ISA Holdings's highest Cyclically Adjusted PS Ratio was 3.73. The lowest was 0.68. And the median was 2.09.
JSE:ISA's Cyclically Adjusted PS Ratio is ranked worse than 61.64% of 1590
companies
in the Software industry
Industry Median: 1.665
vs JSE:ISA: 2.63
The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.
ISA Holdings's adjusted revenue per share data of for the fiscal year that ended in Feb26 was R0.820. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R0.84 for the trailing ten years ended in Feb26.
Shiller PE for Stocks: The True Measure of Stock Valuation
ISA Holdings (JSE:ISA) Cyclically Adjusted PS Ratio Explanation
Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.
ISA Holdings Cyclically Adjusted PS Ratio Related Terms
ISA Holdings Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for ISA Holdings's Cyclically Adjusted PS Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
JSE:ISA vs MSFT, ORCL, PLTR: Cyclically Adjusted PS Ratio Comparison
For the Software - Infrastructure subindustry, ISA Holdings's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ISA Holdings Cyclically Adjusted PS Ratio vs Software Industry
For the Software industry and Technology sector, ISA Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where ISA Holdings's Cyclically Adjusted PS Ratio falls into.
ISA Holdings Cyclically Adjusted PS Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.
ISA Holdings's Cyclically Adjusted PS Ratio for today is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
What does a Cyclically Adjusted PS Ratio of 2.79 mean?
ISA Holdings (JSE:ISA) has a Cyclically Adjusted PS Ratio of 2.79 as of Jul. 17, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on ISA Holdings and its competitors. This is 33% above median its historical median of 2.09. Over the past decade, ISA Holdings' Cyclically Adjusted PS Ratio has ranged from 0.68 to 3.73. According to the industry distribution chart, ISA Holdings ranks #980 out of 1590 companies in the Software industry, placing it in the top 61.6%.
Is ISA Holdings' Cyclically Adjusted PS Ratio too high?
ISA Holdings' current Cyclically Adjusted PS Ratio of 2.79 is 33% above median its 10-year median of 2.09. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 3.73. The Software industry median Cyclically Adjusted PS Ratio is 1.67. ISA Holdings' value of 2.79 is 67.6% above this industry median. Based on the distribution chart, ISA Holdings ranks #980 out of 1590 companies in the Software industry, which is below the industry midpoint. Overall, ISA Holdings has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ISA Holdings' Cyclically Adjusted PS Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, ISA Holdings ranks #980 out of 1590 companies for Cyclically Adjusted PS Ratio. This places ISA Holdings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.67. ISA Holdings' value of 2.79 is 67.6% above this benchmark. Historically, ISA Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.68 to 3.73 over the past decade. While the company's 10-year median is 2.09 vs. the industry median of 1.67, ISA Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.67, based on 1,590 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ISA Holdings's current Cyclically Adjusted PS Ratio of 2.79 is 67.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on ISA Holdings and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ISA Holdings's current Cyclically Adjusted PS Ratio is 2.79, which is 33% above median its own 10-year median of 2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ISA Holdings stock overvalued right now?
Based on GuruFocus' analysis, ISA Holdings (JSE:ISA) is currently considered Fairly Valued. The stock's GF Value™ is R2.25, compared to a current price of R2.34 — trading 4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.79, which is 33% above median its 10-year median of 2.09 and 67.6% above the Software industry median of 1.67. ISA Holdings' overall GF Score™ is 86/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For ISA Holdings (JSE:ISA), the current Cyclically Adjusted PS Ratio is 2.79 as of Jul. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is ISA Holdings (JSE:ISA) Overvalued in 2026?
Based on GuruFocus' analysis, ISA Holdings stock appears to be overvalued.
The current stock price of R2.34 is trading 4% above its estimated GF Value™ of R2.25.
GuruFocus considers ISA Holdings to be Fairly Valued.
Key valuation signals for JSE:ISA:
Cyclically Adjusted PS Ratio: 2.79 (33% above median its 10-year median of 2.09)
GF Value™: R2.25 vs. price of R2.34 (4% above fair value)
Industry Position: 67.6% above the Software median (#980 of 1590)
No single metric tells the full story. See the JSE:ISA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ISA Holdings Ltd is an investment holding company. The company, through its subsidiary, provides network, Internet, and information security solutions to the sub-Saharan African market. Its business is to discover, design, deliver, deploy, and manage its bespoke Information and Communication Technology (ICT) security infrastructure. Its technology offerings include firewalls, anti-virus, authentication, remote access, content security, intrusion protection, virtual private networking, vulnerability assessment, messaging and data protection, and identity and access management. The company generates a majority of its revenue from its business in South Africa.
86GF Score
Get the complete analysis for JSE:ISA
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JSE:ISA has been successfully added to your 
