Tracsis (LSE:TRCS) Cyclically Adjusted PS Ratio: 1.48 (As of Jul. 12, 2026) — 77% Below Median


LSE:TRCS Tracsis PLC LSE:TRCS
73 GF Score
Price £3.25
GF Value £6.68
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Tracsis Cyclically Adjusted PS Ratio?

Tracsis LSE:TRCS 73 Cyclically Adjusted PS Ratio is 1.48 as of Jul. 12, 2026, which is 77% below its 10-year median of 6.41. GuruFocus rates LSE:TRCS with a GF Score™ of 73/100 and a GF Value™ of £6.68 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,588 Software companies, Tracsis ranks better than 52.77% on this metric.

As of today (2026-07-12), Tracsis's current share price is £3.25. Tracsis's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jul25 was £2.20. Tracsis's Cyclically Adjusted PS Ratio for today is 1.48.

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

LSE:TRCS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 6.41   Max: 11.24
Current: 1.47

During the past 13 years, Tracsis's highest Cyclically Adjusted PS Ratio was 11.24. The lowest was 0.08. And the median was 6.41.

LSE:TRCS's Cyclically Adjusted PS Ratio is ranked better than
52.77% of 1588 companies
in the Software industry
Industry Median: 1.655 vs LSE:TRCS: 1.47

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.

Tracsis's adjusted revenue per share data of for the fiscal year that ended in Jul25 was £2.658. 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 £2.20 for the trailing ten years ended in Jul25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tracsis  (LSE:TRCS) 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.


Tracsis Cyclically Adjusted PS Ratio Related Terms


Tracsis Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tracsis'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.

Tracsis Cyclically Adjusted PS Ratio Chart

Tracsis Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.35 6.14 4.87 3.25 1.72

Tracsis Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 3.25 0.00 1.72 0.00

LSE:TRCS vs UBER, SHOP, CRM: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Tracsis'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.


Tracsis Cyclically Adjusted PS Ratio vs Software Industry

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

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


LSE:TRCS
73GF Score
Tracsis PLC LSE:TRCS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tracsis 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.

Tracsis's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.25/2.20
=1.48

* 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.

Tracsis's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jul25 is calculated as:

For example, Tracsis's adjusted Revenue per Share data for the fiscal year that ended in Jul25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jul25 (Change)*Current CPI (Jul25)
=2.658/138.5000*138.5000
=2.658

Current CPI (Jul25) = 138.5000.

Tracsis Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201607 1.090 100.900 1.496
201707 1.200 103.500 1.606
201807 1.366 105.900 1.787
201907 1.675 108.000 2.148
202007 1.614 109.200 2.047
202107 1.667 111.400 2.073
202207 2.266 121.200 2.589
202307 2.687 129.000 2.885
202407 2.645 132.900 2.756
202507 2.658 138.500 2.658

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 1.48 mean?
Tracsis (LSE:TRCS) has a Cyclically Adjusted PS Ratio of 1.48 as of Jul. 12, 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 Tracsis and its competitors. This is 77% below median its historical median of 6.41. Over the past decade, Tracsis' Cyclically Adjusted PS Ratio has ranged from 0.08 to 11.24. According to the industry distribution chart, Tracsis ranks #750 out of 1588 companies in the Software industry, placing it in the top 47.2%.
Is Tracsis' Cyclically Adjusted PS Ratio too high?
Tracsis' current Cyclically Adjusted PS Ratio of 1.48 is 77% below median its 10-year median of 6.41. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 11.24. The Software industry median Cyclically Adjusted PS Ratio is 1.66. Tracsis' value of 1.48 is 10.6% below this industry median. Based on the distribution chart, Tracsis ranks #750 out of 1588 companies in the Software industry, which is above the industry midpoint. Overall, Tracsis has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tracsis' Cyclically Adjusted PS Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Tracsis ranks #750 out of 1588 companies for Cyclically Adjusted PS Ratio. This puts Tracsis in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.66. Tracsis' value of 1.48 is 10.6% below this benchmark. Historically, Tracsis' own Cyclically Adjusted PS Ratio has ranged from 0.08 to 11.24 over the past decade. While the company's 10-year median is 6.41 vs. the industry median of 1.66, Tracsis has consistently been below 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 1.66, based on 1,588 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. Tracsis's current Cyclically Adjusted PS Ratio of 1.48 is 10.6% below 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 Tracsis and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tracsis's current Cyclically Adjusted PS Ratio is 1.48, which is 77% below median its own 10-year median of 6.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tracsis stock overvalued right now?
Based on GuruFocus' analysis, Tracsis (LSE:TRCS) is currently considered Significantly Undervalued. The stock's GF Value™ is £6.68, compared to a current price of £3.25 — trading 51.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.48, which is 77% below median its 10-year median of 6.41 and 10.6% below the Software industry median of 1.66. Tracsis' overall GF Score™ is 73/100 with 4 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 Tracsis (LSE:TRCS), the current Cyclically Adjusted PS Ratio is 1.48 as of Jul. 12, 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 Tracsis (LSE:TRCS) Overvalued in 2026?

Based on GuruFocus' analysis, Tracsis stock appears to be undervalued. The current stock price of £3.25 is trading 51.3% below its estimated GF Value™ of £6.68. GuruFocus considers Tracsis to be Significantly Undervalued.

Key valuation signals for LSE:TRCS:

  • Cyclically Adjusted PS Ratio: 1.48 (77% below median its 10-year median of 6.41)
  • GF Value™: £6.68 vs. price of £3.25 (51.3% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 10.6% below the Software median (#750 of 1588)

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


Tracsis Business Description

Other Exchanges 4T2:Germany
Address Discovery Way, Nexus, Leeds, GBR, LS2 3AA
Tracsis PLC is engaged in the business of software development and consultancy for the rail industry. It is organized into two main business segments: Rail Technology and Services and Data, Analytics, Consultancy & Events. The Rail Technology and Services division includes software, consultancy, and remote condition monitoring technology, and also includes Ontrac. The Data, Analytics, Consultancy & Events division which derives majority revenue, focuses on data capture and analytics, geographic information systems, earth observation, consultancy and event traffic management within a range of transport and pedestrian rich environments. The company currently operates in three geographical markets: the United Kingdom, Ireland, Rest of Europe, North America, and Rest of the world.
73GF Score

Get the complete analysis for LSE:TRCS

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

£3.25
Price
£6.68
GF Value