CGI (LTS:0A18) Cyclically Adjusted PS Ratio: 1.74 (As of Aug. 09, 2026) — 38% Below Median

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Founder & CEO of GuruFocus
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LTS:0A18 CGI Inc LTS:0A18
83 GF Score
Price C$102.41
GF Value C$172.58
Valuation Significantly Undervalued
! 1 Warning Sign
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What is CGI Cyclically Adjusted PS Ratio?

CGI LTS:0A18 83 Cyclically Adjusted PS Ratio is 1.74 as of Aug. 09, 2026, which is 38% below its 10-year median of 2.79. GuruFocus rates LTS:0A18 with a GF Score™ of 83/100 and a GF Value™ of C$172.58 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,607 Software companies, CGI ranks worse than 50.78% on this metric.

As of today (2026-08-09), CGI's current share price is C$102.41. CGI's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was C$58.93. CGI's Cyclically Adjusted PS Ratio for today is 1.74.

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

LTS:0A18' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.48   Med: 2.79   Max: 3.51
Current: 1.74

During the past years, CGI's highest Cyclically Adjusted PS Ratio was 3.51. The lowest was 1.48. And the median was 2.79.

LTS:0A18's Cyclically Adjusted PS Ratio is ranked worse than
50.78% of 1607 companies
in the Software industry
Industry Median: 1.67 vs LTS:0A18: 1.74

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.

CGI's adjusted revenue per share data for the three months ended in Jun. 2026 was C$20.077. 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 C$58.93 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CGI  (LTS:0A18) 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.


CGI Cyclically Adjusted PS Ratio Related Terms


CGI Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CGI'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.

CGI Cyclically Adjusted PS Ratio Chart

CGI Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.73 2.29 2.73 2.99 2.21

CGI Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2.59 2.21 2.22 1.73 1.53

LTS:0A18 vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, CGI'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.


CGI Cyclically Adjusted PS Ratio vs Software Industry

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

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


LTS:0A18
83GF Score
CGI Inc LTS:0A18
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CGI 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=102.41/58.93
=1.74

* 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.

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

For example, CGI'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)
=20.077/133.5265*133.5265
=20.077

Current CPI (Jun. 2026) = 133.5265.

CGI Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 8.318 101.765 10.914
201612 8.651 101.449 11.386
201703 8.973 102.634 11.674
201706 9.430 103.029 12.221
201709 8.748 103.345 11.303
201712 9.661 103.345 12.482
201803 10.138 105.004 12.892
201806 10.227 105.557 12.937
201809 9.822 105.636 12.415
201812 10.527 105.399 13.336
201903 11.034 106.979 13.772
201906 11.249 107.690 13.948
201909 10.813 107.611 13.417
201912 11.185 107.769 13.858
202003 11.693 107.927 14.466
202006 11.678 108.401 14.385
202009 11.172 108.164 13.792
202012 11.595 108.559 14.262
202103 12.122 110.298 14.675
202106 12.108 111.720 14.471
202109 12.109 112.905 14.321
202112 12.529 113.774 14.704
202203 13.406 117.646 15.216
202206 13.532 120.806 14.957
202209 13.534 120.648 14.979
202212 14.410 120.964 15.907
202303 15.578 122.702 16.952
202306 15.296 124.203 16.444
202309 14.876 125.230 15.861
202312 15.404 125.072 16.445
202403 16.037 126.258 16.960
202406 15.928 127.522 16.678
202409 15.994 127.285 16.778
202412 16.584 127.364 17.386
202503 17.709 129.181 18.305
202506 18.231 129.892 18.741
202509 18.060 130.287 18.509
202512 18.737 130.366 19.191
202603 19.503 132.262 19.689
202606 20.077 133.527 20.077

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 1.74 mean?
CGI (LTS:0A18) has a Cyclically Adjusted PS Ratio of 1.74 as of Aug. 09, 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 CGI and its competitors. This is 38% below median its historical median of 2.79. Over the past decade, CGI's Cyclically Adjusted PS Ratio has ranged from 1.48 to 3.51. According to the industry distribution chart, CGI ranks #816 out of 1607 companies in the Software industry, placing it in the top 50.8%.
Is CGI's Cyclically Adjusted PS Ratio too high?
CGI's current Cyclically Adjusted PS Ratio of 1.74 is 38% below median its 10-year median of 2.79. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 3.51. The Software industry median Cyclically Adjusted PS Ratio is 1.67. CGI's value of 1.74 is 4.2% above this industry median. Based on the distribution chart, CGI ranks #816 out of 1607 companies in the Software industry, which is below the industry midpoint. Overall, CGI has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CGI's Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, CGI ranks #816 out of 1607 companies for Cyclically Adjusted PS Ratio. This places CGI in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.67. CGI's value of 1.74 is 4.2% above this benchmark. Historically, CGI's own Cyclically Adjusted PS Ratio has ranged from 1.48 to 3.51 over the past decade. While the company's 10-year median is 2.79 vs. the industry median of 1.67, CGI 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 1,607 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. CGI's current Cyclically Adjusted PS Ratio of 1.74 is 4.2% 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 CGI 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. CGI's current Cyclically Adjusted PS Ratio is 1.74, which is 38% below median its own 10-year median of 2.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CGI stock overvalued right now?
Based on GuruFocus' analysis, CGI (LTS:0A18) is currently considered Significantly Undervalued. The stock's GF Value™ is C$172.58, compared to a current price of C$102.41 — trading 40.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.74, which is 38% below median its 10-year median of 2.79 and 4.2% above the Software industry median of 1.67. CGI's overall GF Score™ is 83/100 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 CGI (LTS:0A18), the current Cyclically Adjusted PS Ratio is 1.74 as of Aug. 09, 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 CGI (LTS:0A18) Overvalued in 2026?

Based on GuruFocus' analysis, CGI stock appears to be undervalued. The current stock price of C$102.41 is trading 40.7% below its estimated GF Value™ of C$172.58. GuruFocus considers CGI to be Significantly Undervalued.

Key valuation signals for LTS:0A18:

  • Cyclically Adjusted PS Ratio: 1.74 (38% below median its 10-year median of 2.79)
  • GF Value™: C$172.58 vs. price of C$102.41 (40.7% below fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 4.2% above the Software median (#816 of 1607)

No single metric tells the full story. See the LTS:0A18 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CGI Business Description

Address 1350 Rene-Levesque Boulevard West, 25th Floor, Affaires Corporatives, Montreal, QC, CAN, H3G 1T4
CGI is a Canada-based IT-services provider with an embedded position in North America and Europe. The company is one of the major IT suppliers to different levels of government around the world. It offers a broad portfolio of services such as consulting, systems integration, application maintenance, and business process services to governments and the private sector. With offices in over 40 countries, CGI follows a balanced global delivery model with most consultants in client proximity.
83GF Score

Get the complete analysis for LTS:0A18

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

C$102.41
Price
C$172.58
GF Value