Innodata (MIL:1INOD) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

MIL:1INOD Innodata Inc MIL:1INOD
62 GF Score
Price €48.35
GF Value €50.75
Valuation Fairly Valued
! 1 Warning Sign
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What is Innodata Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Innodata  (MIL:1INOD) 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.


Innodata Cyclically Adjusted PS Ratio Related Terms


Innodata Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Innodata'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.

Innodata Cyclically Adjusted PS Ratio Chart

Innodata 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 - - - - 13.55

Innodata 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 13.46 19.37 13.62 8.90 17.78

MIL:1INOD vs SHAZ, VNET, CNXC: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Innodata'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.


Innodata Cyclically Adjusted PS Ratio vs Software Industry

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

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


MIL:1INOD
62GF Score
Innodata Inc MIL:1INOD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Innodata 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.

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

For example, Innodata'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)
=2.279/333.9520*333.9520
=2.279

Current CPI (Jun. 2026) = 333.9520.

Innodata Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.561 241.428 0.776
201612 0.567 241.432 0.784
201703 0.547 243.801 0.749
201706 0.537 244.955 0.732
201709 0.494 246.819 0.668
201712 0.514 246.524 0.696
201803 0.444 249.554 0.594
201806 0.463 251.989 0.614
201809 0.463 252.439 0.613
201812 0.507 251.233 0.674
201903 0.465 254.202 0.611
201906 0.469 256.143 0.611
201909 0.482 256.759 0.627
201912 0.520 256.974 0.676
202003 0.541 258.115 0.700
202006 0.516 257.797 0.668
202009 0.493 260.280 0.633
202012 0.461 260.474 0.591
202103 0.450 264.877 0.567
202106 0.534 271.696 0.656
202109 0.549 274.310 0.668
202112 0.622 278.802 0.745
202203 0.696 287.504 0.808
202206 0.689 296.311 0.777
202209 0.670 296.808 0.754
202212 0.694 296.797 0.781
202303 0.639 301.836 0.707
202306 0.648 305.109 0.709
202309 0.628 307.789 0.681
202312 0.759 306.746 0.826
202403 0.757 312.332 0.809
202406 1.047 314.175 1.113
202409 1.398 315.301 1.481
202412 1.650 315.605 1.746
202503 1.586 319.799 1.656
202506 1.459 322.561 1.511
202509 1.518 324.800 1.561
202512 1.753 324.054 1.807
202603 2.165 330.213 2.190
202606 2.279 333.952 2.279

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.

Is Innodata (MIL:1INOD) Overvalued in 2026?

Based on GuruFocus' analysis, Innodata stock appears to be undervalued. The current stock price of €48.35 is trading 4.7% below its estimated GF Value™ of €50.75. GuruFocus considers Innodata to be Fairly Valued.

Key valuation signals for MIL:1INOD:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €50.75 vs. price of €48.35 (4.7% below fair value)
  • GF Score™: 62/100 with 1 warning sign

No single metric tells the full story. See the MIL:1INOD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Innodata Business Description

Other Exchanges INOD:USAID6:Germany
Address 55 Challenger Road, Ridgefield Park, NJ, USA, 07660
Innodata Inc is a data engineering company. It is helping companies deploy and integrate AI into their operations and products and providing AI-enabled industry platforms. The Company's operations are classified in three reporting segments: Digital Data Solutions (DDS), Synodex and Agility. Key revenue is generated from DDS segment provides AI data preparation services, collecting or creating training data, annotating training data, and training AI algorithms for its customers, and AI model deployment and integration. It also provides a range of data engineering support services including data transformation, data curation, data hygiene, data consolidation, data extraction, data compliance, and master data management.
62GF Score

Get the complete analysis for MIL:1INOD

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

€48.35
Price
€50.75
GF Value