Infosys (LTS:0XSE) Cyclically Adjusted PS Ratio: 2.92 (As of Jul. 29, 2026) — 45% Below Median

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LTS:0XSE Infosys Ltd LTS:0XSE
87 GF Score
Price $14.62
GF Value $23.96
! 2 Warning Signs
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What is Infosys Cyclically Adjusted PS Ratio?

Infosys LTS:0XSE 87 Cyclically Adjusted PS Ratio is 2.92 as of Jul. 29, 2026, which is 45% below its 10-year median of 5.35. GuruFocus rates LTS:0XSE with a GF Score™ of 87/100 and a GF Value™ of $23.96. The stock has 2 warning signs investors should review. Among 1,590 Software companies, Infosys ranks worse than 68.11% on this metric.

As of today (2026-07-29), Infosys's current share price is $14.62. Infosys's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $5.00. Infosys's Cyclically Adjusted PS Ratio for today is 2.92.

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

LTS:0XSE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.05   Med: 5.35   Max: 9.51
Current: 3.23

During the past years, Infosys's highest Cyclically Adjusted PS Ratio was 9.51. The lowest was 3.05. And the median was 5.35.

LTS:0XSE's Cyclically Adjusted PS Ratio is ranked worse than
68.11% of 1590 companies
in the Software industry
Industry Median: 1.625 vs LTS:0XSE: 3.23

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.

Infosys's adjusted revenue per share data for the three months ended in Jun. 2026 was $1.241. 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 $5.00 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Infosys  (LTS:0XSE) 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.


Infosys Cyclically Adjusted PS Ratio Related Terms


Infosys Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Infosys'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.

Infosys Cyclically Adjusted PS Ratio Chart

Infosys Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.15 5.95 5.57 5.28 3.76

Infosys 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 5.22 4.55 4.98 3.76 2.92

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

For the Information Technology Services subindustry, Infosys'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.


Infosys Cyclically Adjusted PS Ratio vs Software Industry

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

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


LTS:0XSE
87GF Score
Infosys Ltd LTS:0XSE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Infosys 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.62/5.00
=2.92

* 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.

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

For example, Infosys'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)
=1.241/166.1454*166.1454
=1.241

Current CPI (Jun. 2026) = 166.1454.

Infosys Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.566 105.961 0.887
201612 0.558 105.196 0.881
201703 0.562 105.196 0.888
201706 0.580 107.109 0.900
201709 0.596 109.021 0.908
201712 0.605 109.404 0.919
201803 0.644 109.786 0.975
201806 0.651 111.317 0.972
201809 0.671 115.142 0.968
201812 0.686 115.142 0.990
201903 0.702 118.202 0.987
201906 0.727 120.880 0.999
201909 0.754 123.175 1.017
201912 0.764 126.235 1.006
202003 0.752 124.705 1.002
202006 0.727 127.000 0.951
202009 0.779 130.118 0.995
202012 0.827 130.889 1.050
202103 0.849 131.771 1.070
202106 0.889 134.084 1.102
202109 0.948 135.847 1.159
202112 1.012 138.161 1.217
202203 1.019 138.822 1.220
202206 1.032 142.347 1.205
202209 1.085 144.661 1.246
202212 1.110 145.763 1.265
202303 1.097 146.865 1.241
202306 1.115 150.280 1.233
202309 1.139 151.492 1.249
202312 1.125 152.924 1.222
202403 1.100 153.035 1.194
202406 1.136 155.789 1.212
202409 1.179 157.882 1.241
202412 1.190 158.323 1.249
202503 1.164 157.552 1.227
202506 1.190 159.755 1.238
202509 1.223 162.289 1.252
202512 1.237 163.281 1.259
202603 1.261 164.272 1.275
202606 1.241 166.145 1.241

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 2.92 mean?
Infosys (LTS:0XSE) has a Cyclically Adjusted PS Ratio of 2.92 as of Jul. 29, 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 Infosys and its competitors. This is 45% below median its historical median of 5.35. Over the past decade, Infosys' Cyclically Adjusted PS Ratio has ranged from 3.05 to 9.51. According to the industry distribution chart, Infosys ranks #1083 out of 1590 companies in the Software industry, placing it in the top 68.1%.
Is Infosys' Cyclically Adjusted PS Ratio too high?
Infosys' current Cyclically Adjusted PS Ratio of 2.92 is 45% below median its 10-year median of 5.35. Over the past 10 years, this metric has ranged from a low of 3.05 to a high of 9.51. The Software industry median Cyclically Adjusted PS Ratio is 1.63. Infosys' value of 2.92 is 79.7% above this industry median. Based on the distribution chart, Infosys ranks #1083 out of 1590 companies in the Software industry, which is below the industry midpoint. Overall, Infosys has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Infosys' Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Infosys ranks #1083 out of 1590 companies for Cyclically Adjusted PS Ratio. This places Infosys in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.63. Infosys' value of 2.92 is 79.7% above this benchmark. Historically, Infosys' own Cyclically Adjusted PS Ratio has ranged from 3.05 to 9.51 over the past decade. While the company's 10-year median is 5.35 vs. the industry median of 1.63, Infosys 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 1.63, 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. Infosys's current Cyclically Adjusted PS Ratio of 2.92 is 79.7% 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 Infosys and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Infosys's current Cyclically Adjusted PS Ratio is 2.92, which is 45% below median its own 10-year median of 5.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Infosys stock overvalued right now?
Infosys (LTS:0XSE) has a current Cyclically Adjusted PS Ratio of 2.92. The stock's GF Value™ is $23.96, compared to a current price of $14.62 — trading 39% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.92, which is 45% below median its 10-year median of 5.35 and 79.7% above the Software industry median of 1.63. Infosys' overall GF Score™ is 87/100 with 2 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 Infosys (LTS:0XSE), the current Cyclically Adjusted PS Ratio is 2.92 as of Jul. 29, 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 Infosys (LTS:0XSE) Overvalued in 2026?

Based on GuruFocus' analysis, Infosys stock appears to be undervalued. The current stock price of $14.62 is trading 39% below its estimated GF Value™ of $23.96.

Key valuation signals for LTS:0XSE:

  • Cyclically Adjusted PS Ratio: 2.92 (45% below median its 10-year median of 5.35)
  • GF Value™: $23.96 vs. price of $14.62 (39% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 79.7% above the Software median (#1083 of 1590)

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


Infosys Business Description

Address Hosur Road, Electronics City, Bengaluru, KA, IND, 560 100
Infosys is an IT services provider based in Bengaluru, India, with offices in more than 50 countries. The company leverages its offshore outsourcing model to serve clients across different industries, such as financial services and manufacturing. Infosys' IT services offerings include consulting, digital transformation, and business process outsourcing.
87GF Score

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

$14.62
Price
$23.96
GF Value