The Descartes Systems Group (MEX:DSG N) Cyclically Adjusted PS Ratio: 12.60 (As of Aug. 13, 2026) — 32% Below Median

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MEX:DSG N The Descartes Systems Group Inc MEX:DSG N
88 GF Score
Price MXN1,264.95
GF Value MXN1,930.98
! 1 Warning Sign
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What is The Descartes Systems Group Cyclically Adjusted PS Ratio?

The Descartes Systems Group MEX:DSG N 88 Cyclically Adjusted PS Ratio is 12.60 as of Aug. 13, 2026, which is 32% below its 10-year median of 18.52. GuruFocus rates MEX:DSG N with a GF Score™ of 88/100 and a GF Value™ of MXN1,930.98. The stock has 1 warning sign investors should review. Among 1,603 Software companies, The Descartes Systems Group ranks worse than 93.95% on this metric.

As of today (2026-08-13), The Descartes Systems Group's current share price is MXN1264.95. The Descartes Systems Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was MXN100.41. The Descartes Systems Group's Cyclically Adjusted PS Ratio for today is 12.60.

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

MEX:DSG N' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 11.74   Med: 18.52   Max: 27.49
Current: 13.91

During the past years, The Descartes Systems Group's highest Cyclically Adjusted PS Ratio was 27.49. The lowest was 11.74. And the median was 18.52.

MEX:DSG N's Cyclically Adjusted PS Ratio is ranked worse than
93.95% of 1603 companies
in the Software industry
Industry Median: 1.64 vs MEX:DSG N: 13.91

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.

The Descartes Systems Group's adjusted revenue per share data for the three months ended in Apr. 2026 was MXN38.807. 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 MXN100.41 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Descartes Systems Group  (MEX:DSG N) 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.


The Descartes Systems Group Cyclically Adjusted PS Ratio Related Terms


The Descartes Systems Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for The Descartes Systems Group'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.

The Descartes Systems Group Cyclically Adjusted PS Ratio Chart

The Descartes Systems Group Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.57 19.27 20.45 25.68 13.66

The Descartes Systems Group Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 21.31 20.74 17.04 13.66 12.60

MEX:DSG N vs QH, SHOP, UBER: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, The Descartes Systems Group'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.


The Descartes Systems Group Cyclically Adjusted PS Ratio vs Software Industry

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

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


MEX:DSG N
88GF Score
The Descartes Systems Group Inc MEX:DSG N
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Descartes Systems Group 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.

The Descartes Systems Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1264.95/100.41
=12.60

* 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.

The Descartes Systems Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, The Descartes Systems Group's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=38.807/132.7364*132.7364
=38.807

Current CPI (Apr. 2026) = 132.7364.

The Descartes Systems Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 12.391 101.844 16.150
201610 12.652 102.002 16.464
201701 14.365 102.318 18.636
201704 13.466 103.029 17.349
201707 13.333 103.029 17.177
201710 15.315 103.424 19.656
201801 15.265 104.056 19.472
201804 16.201 105.320 20.418
201807 16.048 106.110 20.075
201810 18.212 105.952 22.816
201901 17.381 105.557 21.856
201904 18.929 107.453 23.383
201907 18.599 108.243 22.808
201910 18.654 107.927 22.942
202001 18.609 108.085 22.853
202004 23.487 107.216 29.078
202007 21.783 108.401 26.673
202010 21.670 108.638 26.477
202101 22.011 109.192 26.757
202104 23.168 110.851 27.742
202107 24.095 112.431 28.447
202110 25.927 113.695 30.269
202201 26.869 114.801 31.067
202204 27.443 118.357 30.777
202207 29.012 120.964 31.836
202210 27.877 121.517 30.451
202301 27.163 121.596 29.652
202304 28.328 123.571 30.429
202307 27.624 124.914 29.354
202310 30.098 125.310 31.882
202401 29.279 125.072 31.073
202404 29.646 126.890 31.012
202407 34.838 128.075 36.106
202410 38.703 127.838 40.186
202501 39.438 127.443 41.076
202504 37.748 129.102 38.811
202507 38.589 130.290 39.314
202510 39.731 130.603 40.380
202601 38.195 130.366 38.889
202604 38.807 132.736 38.807

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 12.60 mean?
The Descartes Systems Group (MEX:DSG N) has a Cyclically Adjusted PS Ratio of 12.60 as of Aug. 13, 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 The Descartes Systems Group and its competitors. This is 32% below median its historical median of 18.52. Over the past decade, The Descartes Systems Group's Cyclically Adjusted PS Ratio has ranged from 11.74 to 27.49. According to the industry distribution chart, The Descartes Systems Group ranks #1506 out of 1603 companies in the Software industry, placing it in the top 93.9%.
Is The Descartes Systems Group's Cyclically Adjusted PS Ratio too high?
The Descartes Systems Group's current Cyclically Adjusted PS Ratio of 12.60 is 32% below median its 10-year median of 18.52. Over the past 10 years, this metric has ranged from a low of 11.74 to a high of 27.49. The Software industry median Cyclically Adjusted PS Ratio is 1.64. The Descartes Systems Group's value of 12.60 is 668.3% above this industry median. Based on the distribution chart, The Descartes Systems Group ranks #1506 out of 1603 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, The Descartes Systems Group has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does The Descartes Systems Group's Cyclically Adjusted PS Ratio compare to QH and SHOP?
According to the Software industry distribution chart, The Descartes Systems Group ranks #1506 out of 1603 companies for Cyclically Adjusted PS Ratio. This places The Descartes Systems Group in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.64. The Descartes Systems Group's value of 12.60 is 668.3% above this benchmark. Historically, The Descartes Systems Group's own Cyclically Adjusted PS Ratio has ranged from 11.74 to 27.49 over the past decade. While the company's 10-year median is 18.52 vs. the industry median of 1.64, The Descartes Systems Group 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 1.64, based on 1,603 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. The Descartes Systems Group's current Cyclically Adjusted PS Ratio of 12.60 is 668.3% 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 The Descartes Systems Group and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Descartes Systems Group's current Cyclically Adjusted PS Ratio is 12.60, which is 32% below median its own 10-year median of 18.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Descartes Systems Group stock overvalued right now?
The Descartes Systems Group (MEX:DSG N) has a current Cyclically Adjusted PS Ratio of 12.60. The stock's GF Value™ is MXN1,930.98, compared to a current price of MXN1,264.95 — trading 34.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 12.60, which is 32% below median its 10-year median of 18.52 and 668.3% above the Software industry median of 1.64. The Descartes Systems Group's overall GF Score™ is 88/100 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 The Descartes Systems Group (MEX:DSG N), the current Cyclically Adjusted PS Ratio is 12.60 as of Aug. 13, 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 The Descartes Systems Group (MEX:DSG N) Overvalued in 2026?

Based on GuruFocus' analysis, The Descartes Systems Group stock appears to be undervalued. The current stock price of MXN1,264.95 is trading 34.5% below its estimated GF Value™ of MXN1,930.98.

Key valuation signals for MEX:DSG N:

  • Cyclically Adjusted PS Ratio: 12.60 (32% below median its 10-year median of 18.52)
  • GF Value™: MXN1,930.98 vs. price of MXN1,264.95 (34.5% below fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 668.3% above the Software median (#1506 of 1603)

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


The Descartes Systems Group Business Description

Address 120 Randall Drive, Waterloo, ON, CAN, N2V 1C6
Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. Its core product is the Global Logistics Network, which is best understood as transaction-driven. Descartes charges clients to send/receive messages, data, and documents on the GLN. Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.
88GF Score

Get the complete analysis for MEX:DSG N

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

MXN1,264.95
Price
MXN1,930.98
GF Value