Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Tenable HoldingsMEX:TENB 67 Cyclically Adjusted PS Ratio is 6.58 as of Jul. 24, 2026, which is 79% above its 10-year median of 3.67. GuruFocus rates MEX:TENB with a GF Score™ of 67/100 and a GF Value™ of MXN999.18 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,591 Software companies, Tenable Holdings ranks worse than 82.15% on this metric.
The historical rank and industry rank for Tenable Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:
MEX:TENB'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.86 Med: 3.67 Max: 5.68
Current: 5.68
During the past 10 years, Tenable Holdings's highest Cyclically Adjusted PS Ratio was 5.68. The lowest was 2.86. And the median was 3.67.
MEX:TENB's Cyclically Adjusted PS Ratio is ranked worse than 82.15% of 1591
companies
in the Software industry
Industry Median: 1.62
vs MEX:TENB: 5.68
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.
Tenable Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec25 was MXN149.803. 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 MXN105.65 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Tenable Holdings (MEX:TENB) 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.
Tenable Holdings Cyclically Adjusted PS Ratio Related Terms
Tenable Holdings Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Tenable Holdings'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.
Tenable Holdings Cyclically Adjusted PS Ratio Chart
MEX:TENB vs CLBT, BLSH, TDC: Cyclically Adjusted PS Ratio Comparison
For the Software - Infrastructure subindustry, Tenable Holdings'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.
Tenable Holdings Cyclically Adjusted PS Ratio vs Software Industry
For the Software industry and Technology sector, Tenable Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Tenable Holdings's Cyclically Adjusted PS Ratio falls into.
Tenable Holdings 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.
Tenable Holdings's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 6.58 mean?
Tenable Holdings (MEX:TENB) has a Cyclically Adjusted PS Ratio of 6.58 as of Jul. 24, 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 Tenable Holdings and its competitors. This is 79% above median its historical median of 3.67. Over the past decade, Tenable Holdings' Cyclically Adjusted PS Ratio has ranged from 2.86 to 5.68. According to the industry distribution chart, Tenable Holdings ranks #1307 out of 1591 companies in the Software industry, placing it in the top 82.1%.
Is Tenable Holdings' Cyclically Adjusted PS Ratio too high?
Tenable Holdings' current Cyclically Adjusted PS Ratio of 6.58 is 79% above median its 10-year median of 3.67. Over the past 10 years, this metric has ranged from a low of 2.86 to a high of 5.68. The Software industry median Cyclically Adjusted PS Ratio is 1.62. Tenable Holdings' value of 6.58 is 306.2% above this industry median. Based on the distribution chart, Tenable Holdings ranks #1307 out of 1591 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Tenable Holdings has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tenable Holdings' Cyclically Adjusted PS Ratio compare to CLBT and BLSH?
According to the Software industry distribution chart, Tenable Holdings ranks #1307 out of 1591 companies for Cyclically Adjusted PS Ratio. This places Tenable Holdings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.62. Tenable Holdings' value of 6.58 is 306.2% above this benchmark. Historically, Tenable Holdings' own Cyclically Adjusted PS Ratio has ranged from 2.86 to 5.68 over the past decade. While the company's 10-year median is 3.67 vs. the industry median of 1.62, Tenable Holdings 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 1.62, based on 1,591 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. Tenable Holdings's current Cyclically Adjusted PS Ratio of 6.58 is 306.2% 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 Tenable Holdings and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenable Holdings's current Cyclically Adjusted PS Ratio is 6.58, which is 79% above median its own 10-year median of 3.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenable Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tenable Holdings (MEX:TENB) is currently considered Possible Value Trap. The stock's GF Value™ is MXN999.18, compared to a current price of MXN695.00 — trading 30.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.58, which is 79% above median its 10-year median of 3.67 and 306.2% above the Software industry median of 1.62. Tenable Holdings' overall GF Score™ is 67/100 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 Tenable Holdings (MEX:TENB), the current Cyclically Adjusted PS Ratio is 6.58 as of Jul. 24, 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 Tenable Holdings (MEX:TENB) Overvalued in 2026?
Based on GuruFocus' analysis, Tenable Holdings stock appears to be undervalued.
The current stock price of MXN695.00 is trading 30.4% below its estimated GF Value™ of MXN999.18.
GuruFocus considers Tenable Holdings to be Possible Value Trap.
Key valuation signals for MEX:TENB:
Cyclically Adjusted PS Ratio: 6.58 (79% above median its 10-year median of 3.67)
GF Value™: MXN999.18 vs. price of MXN695.00 (30.4% below fair value)
Industry Position: 306.2% above the Software median (#1307 of 1591)
No single metric tells the full story. See the MEX:TENB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 2002, Tenable is a cybersecurity company that began providing vulnerability management solutions under its Nessus software. In recent years, Tenable has expanded its portfolio to provide a broader range of exposure management modules. Solutions include cloud security and compliance, active directory management, operational technology security and advanced vulnerability analytics. The Maryland-based company went public in 2018.
67GF Score
Get the complete analysis for MEX:TENB
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:TENB has been successfully added to your 
