Qualys (MEX:QLYS) Cyclically Adjusted PS Ratio: 10.47 (As of Aug. 17, 2026) — 31% Below Median

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MEX:QLYS Qualys Inc MEX:QLYS
96 GF Score
Price MXN2,642.08
GF Value MXN2,351.34
! 5 Warning Signs
View Full Analysis

What is Qualys Cyclically Adjusted PS Ratio?

Qualys MEX:QLYS 96 Cyclically Adjusted PS Ratio is 10.47 as of Aug. 17, 2026, which is 31% below its 10-year median of 15.09. GuruFocus rates MEX:QLYS with a GF Score™ of 96/100 and a GF Value™ of MXN2,351.34. The stock has 5 warning signs investors should review. Among 1,599 Software companies, Qualys ranks worse than 93.93% on this metric.

As of today (2026-08-17), Qualys's current share price is MXN2642.08. Qualys's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN252.31. Qualys's Cyclically Adjusted PS Ratio for today is 10.47.

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

MEX:QLYS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.03   Med: 15.09   Max: 22.97
Current: 14.17

During the past years, Qualys's highest Cyclically Adjusted PS Ratio was 22.97. The lowest was 6.03. And the median was 15.09.

MEX:QLYS's Cyclically Adjusted PS Ratio is ranked worse than
93.93% of 1599 companies
in the Software industry
Industry Median: 1.69 vs MEX:QLYS: 14.17

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.

Qualys's adjusted revenue per share data for the three months ended in Jun. 2026 was MXN90.744. 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 MXN252.31 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qualys  (MEX:QLYS) 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.


Qualys Cyclically Adjusted PS Ratio Related Terms


Qualys Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Qualys'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.

Qualys Cyclically Adjusted PS Ratio Chart

Qualys 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 19.85 14.37 21.46 13.29 11.00

Qualys 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 12.54 11.22 11.00 6.95 10.47

MEX:QLYS vs ZETA, RELY, NTSK: Cyclically Adjusted PS Ratio Comparison

For the Software - Infrastructure subindustry, Qualys'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.


Qualys Cyclically Adjusted PS Ratio vs Software Industry

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

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


MEX:QLYS
96GF Score
Qualys Inc MEX:QLYS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qualys 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2642.08/252.31
=10.47

* 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.

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

For example, Qualys'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)
=90.744/333.9520*333.9520
=90.744

Current CPI (Jun. 2026) = 333.9520.

Qualys Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 25.466 241.428 35.225
201612 27.706 241.432 38.323
201703 25.749 243.801 35.270
201706 25.285 244.955 34.472
201709 26.790 246.819 36.248
201712 29.788 246.524 40.352
201803 28.108 249.554 37.614
201806 31.723 251.989 42.041
201809 31.764 252.439 42.021
201812 35.320 251.233 46.949
201903 35.178 254.202 46.214
201906 36.507 256.143 47.597
201909 39.650 256.759 51.571
201912 39.141 256.974 50.866
202003 49.520 258.115 64.070
202006 50.108 257.797 64.910
202009 50.436 260.280 64.712
202012 46.642 260.474 59.799
202103 48.919 264.877 61.676
202106 49.521 271.696 60.868
202109 54.025 274.310 65.771
202112 56.257 278.802 67.385
202203 56.456 287.504 65.577
202206 60.773 296.311 68.493
202209 64.397 296.808 72.456
202212 66.305 296.797 74.605
202303 62.533 301.836 69.187
202306 62.837 305.109 68.777
202309 66.049 307.789 71.663
202312 64.817 306.746 70.566
202403 64.147 312.332 68.587
202406 72.719 314.175 77.297
202409 81.584 315.301 86.410
202412 89.515 315.605 94.719
202503 88.931 319.799 92.867
202506 84.590 322.561 87.577
202509 85.866 324.800 88.285
202512 87.131 324.054 89.792
202603 88.770 330.213 89.775
202606 90.744 333.952 90.744

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 10.47 mean?
Qualys (MEX:QLYS) has a Cyclically Adjusted PS Ratio of 10.47 as of Aug. 17, 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 Qualys and its competitors. This is 31% below median its historical median of 15.09. Over the past decade, Qualys' Cyclically Adjusted PS Ratio has ranged from 6.03 to 22.97. According to the industry distribution chart, Qualys ranks #1502 out of 1599 companies in the Software industry, placing it in the top 93.9%.
Is Qualys' Cyclically Adjusted PS Ratio too high?
Qualys' current Cyclically Adjusted PS Ratio of 10.47 is 31% below median its 10-year median of 15.09. Over the past 10 years, this metric has ranged from a low of 6.03 to a high of 22.97. The Software industry median Cyclically Adjusted PS Ratio is 1.69. Qualys' value of 10.47 is 519.5% above this industry median. Based on the distribution chart, Qualys ranks #1502 out of 1599 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Qualys has a GF Score™ of 96/100, reflecting its overall financial health beyond just this single metric.
How does Qualys' Cyclically Adjusted PS Ratio compare to ZETA and RELY?
According to the Software industry distribution chart, Qualys ranks #1502 out of 1599 companies for Cyclically Adjusted PS Ratio. This places Qualys in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.69. Qualys' value of 10.47 is 519.5% above this benchmark. Historically, Qualys' own Cyclically Adjusted PS Ratio has ranged from 6.03 to 22.97 over the past decade. While the company's 10-year median is 15.09 vs. the industry median of 1.69, Qualys 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 1.69, based on 1,599 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. Qualys's current Cyclically Adjusted PS Ratio of 10.47 is 519.5% 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 Qualys and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qualys's current Cyclically Adjusted PS Ratio is 10.47, which is 31% below median its own 10-year median of 15.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualys stock overvalued right now?
Qualys (MEX:QLYS) has a current Cyclically Adjusted PS Ratio of 10.47. The stock's GF Value™ is MXN2,351.34, compared to a current price of MXN2,642.08 — trading 12.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 10.47, which is 31% below median its 10-year median of 15.09 and 519.5% above the Software industry median of 1.69. Qualys' overall GF Score™ is 96/100 with 5 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 Qualys (MEX:QLYS), the current Cyclically Adjusted PS Ratio is 10.47 as of Aug. 17, 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 Qualys (MEX:QLYS) Overvalued in 2026?

Based on GuruFocus' analysis, Qualys stock appears to be overvalued. The current stock price of MXN2,642.08 is trading 12.4% above its estimated GF Value™ of MXN2,351.34.

Key valuation signals for MEX:QLYS:

  • Cyclically Adjusted PS Ratio: 10.47 (31% below median its 10-year median of 15.09)
  • GF Value™: MXN2,351.34 vs. price of MXN2,642.08 (12.4% above fair value)
  • GF Score™: 96/100 with 5 warning signs
  • Industry Position: 519.5% above the Software median (#1502 of 1599)

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


Qualys Business Description

Address 919 E Hillsdale Boulevard, 4th Floor, Foster City, CA, USA, 94404
Qualys is a cloud security and compliance solutions provider that helps businesses identify and manage their security risks and compliance requirements. The California-based company has more than 10,000 customers worldwide, the majority of which are small- and medium-size businesses. Qualys was founded in 1999 and went public in 2012.
96GF Score

Get the complete analysis for MEX:QLYS

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

MXN2,642.08
Price
MXN2,351.34
GF Value