TXT e-solutions SpA (MIL:TXT) Cyclically Adjusted PS Ratio: 3.21 (As of Jul. 12, 2026) — 40% Above Median


MIL:TXT TXT e-solutions SpA MIL:TXT
93 GF Score
Price €42.20
GF Value €39.48
Valuation Fairly Valued
! 7 Warning Signs
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What is TXT e-solutions SpA Cyclically Adjusted PS Ratio?

TXT e-solutions SpA MIL:TXT -0.47% 93 Cyclically Adjusted PS Ratio is 3.21 as of Jul. 12, 2026, which is 40% above its 10-year median of 2.30. GuruFocus rates MIL:TXT with a GF Score™ of 93/100 and a GF Value™ of €39.48 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,587 Software companies, TXT e-solutions SpA ranks worse than 68.05% on this metric.

As of today (2026-07-12), TXT e-solutions SpA's current share price is €42.20. TXT e-solutions SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €13.16. TXT e-solutions SpA's Cyclically Adjusted PS Ratio for today is 3.21.

The historical rank and industry rank for TXT e-solutions SpA's Cyclically Adjusted PS Ratio or its related term are showing as below:

MIL:TXT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.22   Med: 2.3   Max: 4.14
Current: 3.21

During the past years, TXT e-solutions SpA's highest Cyclically Adjusted PS Ratio was 4.14. The lowest was 1.22. And the median was 2.30.

MIL:TXT's Cyclically Adjusted PS Ratio is ranked worse than
68.05% of 1587 companies
in the Software industry
Industry Median: 1.64 vs MIL:TXT: 3.21

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.

TXT e-solutions SpA's adjusted revenue per share data for the three months ended in Mar. 2026 was €8.681. 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 €13.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TXT e-solutions SpA  (MIL:TXT) 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.


TXT e-solutions SpA Cyclically Adjusted PS Ratio Related Terms


TXT e-solutions SpA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for TXT e-solutions SpA'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.

TXT e-solutions SpA Cyclically Adjusted PS Ratio Chart

TXT e-solutions SpA 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 2.06 2.03 2.55 3.63 2.49

TXT e-solutions SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.04 3.13 2.61 2.49 2.25

MIL:TXT vs UBER, SHOP, CRM: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, TXT e-solutions SpA'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.


TXT e-solutions SpA Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, TXT e-solutions SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where TXT e-solutions SpA's Cyclically Adjusted PS Ratio falls into.


MIL:TXT
93GF Score
TXT e-solutions SpA MIL:TXT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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TXT e-solutions SpA 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.

TXT e-solutions SpA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=42.20/13.16
=3.21

* 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.

TXT e-solutions SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, TXT e-solutions SpA's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=8.681/124.5600*124.5600
=8.681

Current CPI (Mar. 2026) = 124.5600.

TXT e-solutions SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.599 99.900 1.994
201609 -0.832 100.100 -1.035
201612 0.822 100.300 1.021
201703 0.769 101.000 0.948
201706 0.769 101.100 0.947
201709 0.696 101.200 0.857
201712 0.829 101.200 1.020
201803 0.801 101.800 0.980
201806 0.823 102.400 1.001
201809 0.809 102.600 0.982
201812 0.973 102.300 1.185
201903 1.025 102.800 1.242
201906 1.289 103.100 1.557
201909 1.290 102.900 1.562
201912 1.405 102.800 1.702
202003 1.382 102.900 1.673
202006 1.371 102.900 1.660
202009 1.340 102.300 1.632
202012 1.737 102.600 2.109
202103 1.839 103.700 2.209
202106 1.890 104.200 2.259
202109 1.958 104.900 2.325
202112 2.519 106.600 2.943
202203 2.607 110.400 2.941
202206 2.727 112.500 3.019
202209 2.525 114.200 2.754
202212 4.778 119.000 5.001
202303 4.469 118.800 4.686
202306 4.498 119.700 4.681
202309 4.498 120.300 4.657
202312 5.744 119.700 5.977
202403 5.695 120.200 5.902
202406 6.056 120.700 6.250
202409 6.733 121.200 6.920
202412 5.659 121.200 5.816
202503 7.282 122.500 7.404
202506 7.618 122.700 7.733
202509 7.277 123.100 7.363
202512 8.904 122.600 9.046
202603 8.681 124.560 8.681

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 3.21 mean?
TXT e-solutions SpA (MIL:TXT) has a Cyclically Adjusted PS Ratio of 3.21 as of Jul. 12, 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 TXT e-solutions SpA and its competitors. This is 40% above median its historical median of 2.30. Over the past decade, TXT e-solutions SpA's Cyclically Adjusted PS Ratio has ranged from 1.22 to 4.14. According to the industry distribution chart, TXT e-solutions SpA ranks #1080 out of 1587 companies in the Software industry, placing it in the top 68.1%.
Is TXT e-solutions SpA's Cyclically Adjusted PS Ratio too high?
TXT e-solutions SpA's current Cyclically Adjusted PS Ratio of 3.21 is 40% above median its 10-year median of 2.30. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 4.14. The Software industry median Cyclically Adjusted PS Ratio is 1.64. TXT e-solutions SpA's value of 3.21 is 95.7% above this industry median. Based on the distribution chart, TXT e-solutions SpA ranks #1080 out of 1587 companies in the Software industry, which is below the industry midpoint. Overall, TXT e-solutions SpA has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TXT e-solutions SpA's Cyclically Adjusted PS Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, TXT e-solutions SpA ranks #1080 out of 1587 companies for Cyclically Adjusted PS Ratio. This places TXT e-solutions SpA in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.64. TXT e-solutions SpA's value of 3.21 is 95.7% above this benchmark. Historically, TXT e-solutions SpA's own Cyclically Adjusted PS Ratio has ranged from 1.22 to 4.14 over the past decade. While the company's 10-year median is 2.30 vs. the industry median of 1.64, TXT e-solutions SpA 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 1,587 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. TXT e-solutions SpA's current Cyclically Adjusted PS Ratio of 3.21 is 95.7% 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 TXT e-solutions SpA 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. TXT e-solutions SpA's current Cyclically Adjusted PS Ratio is 3.21, which is 40% above median its own 10-year median of 2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TXT e-solutions SpA stock overvalued right now?
Based on GuruFocus' analysis, TXT e-solutions SpA (MIL:TXT) is currently considered Fairly Valued. The stock's GF Value™ is €39.48, compared to a current price of €42.20 — trading 6.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.21, which is 40% above median its 10-year median of 2.30 and 95.7% above the Software industry median of 1.64. TXT e-solutions SpA's overall GF Score™ is 93/100 with 7 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 TXT e-solutions SpA (MIL:TXT), the current Cyclically Adjusted PS Ratio is 3.21 as of Jul. 12, 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 TXT e-solutions SpA (MIL:TXT) Overvalued in 2026?

Based on GuruFocus' analysis, TXT e-solutions SpA stock appears to be overvalued. The current stock price of €42.20 is trading 6.9% above its estimated GF Value™ of €39.48. GuruFocus considers TXT e-solutions SpA to be Fairly Valued.

Key valuation signals for MIL:TXT:

  • Cyclically Adjusted PS Ratio: 3.21 (40% above median its 10-year median of 2.30)
  • GF Value™: €39.48 vs. price of €42.20 (6.9% above fair value)
  • GF Score™: 93/100 with 7 warning signs
  • Industry Position: 95.7% above the Software median (#1080 of 1587)

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


TXT e-solutions SpA Business Description

Other Exchanges TXTm:UK0NLD:UKTXE:Germany
Address Via Milano, No. 150, Cologno Monzese, Milan, ITA, 20093
TXT e-solutions SpA is an Italy-based company. The company provides three operating segments: Smart Solutions, Software Engineering, and Digital Advisory. The smart solution segment includes the activities of TXT Risk Solutions, Assiopay, and Working Capital Solution. D.M. Management and Consulting, etc. Software Engineering includes e-tech Srl, Ennova Group, TXT e-swiss, and Fascode S.P.A. Digital Advisory includes companies such as HSPI, PGMD Consulting, Tlogos, etc. The majority of revenue is from Software Engineering. Geographically, it has a presence in Italy, Germany, the United Kingdom, France, Switzerland, and the USA.
93GF Score

Get the complete analysis for MIL:TXT

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

€42.20
Price
€39.48
GF Value