Hexaware Technologies (LSE:35PJ) Cyclically Adjusted PS Ratio: (As of Aug. 02, 2026)

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What is Hexaware Technologies Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hexaware Technologies  (LSE:35PJ) 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.


Hexaware Technologies Cyclically Adjusted PS Ratio Related Terms


Hexaware Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hexaware 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.

Hexaware Technologies Cyclically Adjusted PS Ratio Chart

Hexaware Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 3.74

Hexaware Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Dec21 Dec22 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.36 3.34 3.74 2.04 2.42

LSE:35PJ vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Hexaware 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.


Hexaware Technologies Cyclically Adjusted PS Ratio vs Software Industry

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

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



Hexaware 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.

Hexaware Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Hexaware Technologies's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.504/166.1454*166.1454
=0.504

Current CPI (Jun. 2026) = 166.1454.

Hexaware Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.101 94.103 0.178
201409 0.113 96.780 0.194
201412 0.121 96.780 0.208
201503 0.127 97.163 0.217
201506 0.129 99.841 0.215
201509 0.134 101.753 0.219
201512 0.137 102.901 0.221
201603 0.143 102.518 0.232
201606 0.151 105.961 0.237
201609 0.171 105.961 0.268
201612 0.185 105.196 0.292
201703 0.196 105.196 0.310
201706 0.198 107.109 0.307
201709 0.192 109.021 0.293
201712 0.194 109.404 0.295
201803 0.192 109.786 0.291
201806 0.209 111.317 0.312
201809 0.213 115.142 0.307
201812 0.232 115.142 0.335
201903 0.229 118.202 0.322
201906 0.247 120.880 0.339
201909 0.279 123.175 0.376
201912 0.272 126.235 0.358
202003 0.277 124.705 0.369
202006 0.275 127.000 0.360
202009 0.276 130.118 0.352
202012 0.263 130.889 0.334
202112 0.000 138.161 0.000
202212 0.000 145.763 0.000
202312 0.000 152.924 0.000
202403 0.433 153.035 0.470
202406 0.459 155.789 0.490
202409 0.470 157.882 0.495
202412 0.488 158.323 0.512
202503 0.476 157.552 0.502
202506 0.465 159.755 0.484
202509 0.485 162.289 0.497
202512 0.479 163.281 0.487
202603 0.485 164.272 0.491
202606 0.504 166.145 0.504

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.


Hexaware Technologies Business Description

Other Exchanges HEXT:India544362:India
Address Q1, Loma Co-Developers1 Private Limited, 8th floor, 13th Level, Plot no. Gen-4/1, TTC Industrial Area, Ghansoli, Navi Mumbai, IND, 400710
Hexaware Technologies Ltd is a digital and technology services company with artificial intelligence. The segments of the company are based on the industries served: Financial Services, Healthcare and Insurance, Manufacturing and Consumer, Hi-Tech and Professional Services, Banking, and Travel and Transportation. The firm generates key revenue from the Travel and Transportation segment. Geographically, the firm generates the majority of its revenue from the Americas.