NetSol Technologies (KAR:NETSOL) Cyclically Adjusted PS Ratio: 1.73 (As of Jun. 28, 2026) — Near Median


KAR:NETSOL NetSol Technologies Ltd KAR:NETSOL
77 GF Score
Price ₨134.47
GF Value ₨177.40
Valuation Modestly Undervalued
! 1 Warning Sign
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What is NetSol Technologies Cyclically Adjusted PS Ratio?

NetSol Technologies KAR:NETSOL 77 Cyclically Adjusted PS Ratio is 1.73 as of Jun. 28, 2026, which is 5% below its 10-year median of 1.83. GuruFocus rates KAR:NETSOL with a GF Score™ of 77/100 and a GF Value™ of ₨177.40 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,585 Software companies, NetSol Technologies ranks worse than 51.48% on this metric.

As of today (2026-06-28), NetSol Technologies's current share price is ₨134.47. NetSol Technologies's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun25 was ₨77.78. NetSol Technologies's Cyclically Adjusted PS Ratio for today is 1.73.

The historical rank and industry rank for NetSol Technologies's Cyclically Adjusted PS Ratio or its related term are showing as below:

KAR:NETSOL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.24   Med: 1.83   Max: 2.04
Current: 1.73

During the past 12 years, NetSol Technologies's highest Cyclically Adjusted PS Ratio was 2.04. The lowest was 1.24. And the median was 1.83.

KAR:NETSOL's Cyclically Adjusted PS Ratio is ranked worse than
51.48% of 1585 companies
in the Software industry
Industry Median: 1.62 vs KAR:NETSOL: 1.73

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.

NetSol Technologies's adjusted revenue per share data of for the fiscal year that ended in Jun25 was ₨112.522. 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 ₨77.78 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


NetSol Technologies  (KAR:NETSOL) 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.


NetSol Technologies Cyclically Adjusted PS Ratio Related Terms


NetSol Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for NetSol Technologies'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.

NetSol Technologies Cyclically Adjusted PS Ratio Chart

NetSol Technologies Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1.24 1.95 1.71

NetSol Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 1.71 0.00 0.00 0.00

KAR:NETSOL vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, NetSol Technologies'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.


NetSol Technologies Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, NetSol Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where NetSol Technologies's Cyclically Adjusted PS Ratio falls into.


KAR:NETSOL
77GF Score
NetSol Technologies Ltd KAR:NETSOL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NetSol Technologies 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.

NetSol Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=134.47/77.78
=1.73

* 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.

NetSol Technologies's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun25 is calculated as:

For example, NetSol Technologies's adjusted Revenue per Share data for the fiscal year that ended in Jun25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=112.522/322.5610*322.5610
=112.522

Current CPI (Jun25) = 322.5610.

NetSol Technologies Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201606 45.337 241.018 60.676
201706 43.645 244.955 57.472
201806 47.709 251.989 61.070
201906 59.997 256.143 75.554
202006 52.415 257.797 65.583
202106 55.073 271.696 65.383
202206 68.940 296.311 75.047
202306 88.413 305.109 93.470
202406 108.178 314.175 111.066
202506 112.522 322.561 112.522

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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 1.73 mean?
NetSol Technologies (KAR:NETSOL) has a Cyclically Adjusted PS Ratio of 1.73 as of Jun. 28, 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 NetSol Technologies and its competitors. This is near median its historical median of 1.83. Over the past decade, NetSol Technologies' Cyclically Adjusted PS Ratio has ranged from 1.24 to 2.04. According to the industry distribution chart, NetSol Technologies ranks #816 out of 1585 companies in the Software industry, placing it in the top 51.5%.
Is NetSol Technologies' Cyclically Adjusted PS Ratio too high?
NetSol Technologies' current Cyclically Adjusted PS Ratio of 1.73 is near median its 10-year median of 1.83. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 2.04. The Software industry median Cyclically Adjusted PS Ratio is 1.62. NetSol Technologies' value of 1.73 is 6.8% above this industry median. Based on the distribution chart, NetSol Technologies ranks #816 out of 1585 companies in the Software industry, which is below the industry midpoint. Overall, NetSol Technologies has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NetSol Technologies' Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, NetSol Technologies ranks #816 out of 1585 companies for Cyclically Adjusted PS Ratio. This places NetSol Technologies in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.62. NetSol Technologies' value of 1.73 is 6.8% above this benchmark. Historically, NetSol Technologies' own Cyclically Adjusted PS Ratio has ranged from 1.24 to 2.04 over the past decade. While the company's 10-year median is 1.83 vs. the industry median of 1.62, NetSol Technologies 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 1.62, based on 1,585 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. NetSol Technologies's current Cyclically Adjusted PS Ratio of 1.73 is 6.8% 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 NetSol Technologies and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetSol Technologies's current Cyclically Adjusted PS Ratio is 1.73, which is near median its own 10-year median of 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetSol Technologies stock overvalued right now?
Based on GuruFocus' analysis, NetSol Technologies (KAR:NETSOL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₨177.40, compared to a current price of ₨134.47 — trading 24.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.73, which is near median its 10-year median of 1.83 and 6.8% above the Software industry median of 1.62. NetSol Technologies' overall GF Score™ is 77/100 with 1 warning sign 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 NetSol Technologies (KAR:NETSOL), the current Cyclically Adjusted PS Ratio is 1.73 as of Jun. 28, 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 NetSol Technologies (KAR:NETSOL) Overvalued in 2026?

Based on GuruFocus' analysis, NetSol Technologies stock appears to be undervalued. The current stock price of ₨134.47 is trading 24.2% below its estimated GF Value™ of ₨177.40. GuruFocus considers NetSol Technologies to be Modestly Undervalued.

Key valuation signals for KAR:NETSOL:

  • Cyclically Adjusted PS Ratio: 1.73 (near median its 10-year median of 1.83)
  • GF Value™: ₨177.40 vs. price of ₨134.47 (24.2% below fair value)
  • GF Score™: 77/100 with 1 warning sign
  • Industry Position: 6.8% above the Software median (#816 of 1585)

No single metric tells the full story. See the KAR:NETSOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NetSol Technologies Business Description

Address Lahore Ring Road, Ghazi Road Interchange, NETSOL IT Village (Software Technology Park), Lahore Cantonment, Lahore, PB, PAK, 54792
NetSol Technologies Ltd provides Information Technology services & enterprise solutions. It provides solutions for leasing and finance, healthcare technology, insurance, and e-Procurement. Its products include Enterprise Solutions, Business Intelligence, IT Consulting & Business Process Reengineering, Technology & Business Process Outsourcing, Application Development & Maintenance, Cloud Services. Its operating segments are product-based solutions and ancillary services, professional services, and business process outsourcing. Geographically, it operates in Pakistan, Asia Pacific, Australia & the USA, the UK, and other countries.
77GF Score

Get the complete analysis for KAR:NETSOL

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₨134.47
Price
₨177.40
GF Value