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Infosys (NSE:INFY) Cyclically Adjusted PS Ratio : 5.30 (As of Jun. 03, 2025)


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What is Infosys Cyclically Adjusted PS Ratio?

As of today (2025-06-03), Infosys's current share price is ₹1553.80. Infosys's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was ₹293.04. Infosys's Cyclically Adjusted PS Ratio for today is 5.30.

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

NSE:INFY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.62   Med: 5.6   Max: 9.51
Current: 5.33

During the past years, Infosys's highest Cyclically Adjusted PS Ratio was 9.51. The lowest was 3.62. And the median was 5.60.

NSE:INFY's Cyclically Adjusted PS Ratio is ranked worse than
74.84% of 1371 companies
in the Software industry
Industry Median: 2.1 vs NSE:INFY: 5.33

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.

Infosys's adjusted revenue per share data for the three months ended in Dec. 2024 was ₹101.085. 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 ₹293.04 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Infosys Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Infosys'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.

* Premium members only.

Infosys Cyclically Adjusted PS Ratio Chart

Infosys Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.47 9.16 5.95 5.58 -

Infosys Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 5.58 5.63 6.53 6.42 -

Competitive Comparison of Infosys's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Infosys'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.


Infosys's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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


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Infosys 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1553.80/293.04
=5.30

* 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.

Infosys's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Infosys's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=101.085/158.3229*158.3229
=101.085

Current CPI (Dec. 2024) = 158.3229.

Infosys Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 29.509 97.163 48.084
201506 31.476 99.841 49.913
201509 34.622 101.753 53.870
201512 35.015 102.901 53.874
201603 35.791 102.518 55.273
201606 36.800 105.961 54.985
201609 37.750 105.961 56.405
201612 37.829 105.196 56.934
201703 36.951 105.196 55.612
201706 37.352 107.109 55.212
201709 38.446 109.021 55.832
201712 38.876 109.404 56.259
201803 41.896 109.786 60.418
201806 44.111 111.317 62.738
201809 48.510 115.142 66.702
201812 48.608 115.142 66.837
201903 48.804 118.202 65.369
201906 50.427 120.880 66.047
201909 53.787 123.175 69.135
201912 54.352 126.235 68.168
202003 56.090 124.705 71.211
202006 55.048 127.000 68.625
202009 57.310 130.118 69.733
202012 60.896 130.889 73.660
202103 61.849 131.771 74.312
202106 65.425 134.084 77.252
202109 68.277 135.847 79.573
202112 76.312 138.161 87.448
202203 77.603 138.822 88.504
202206 80.588 142.347 89.632
202209 87.041 144.661 95.261
202212 91.258 145.763 99.122
202303 91.650 146.865 98.800
202306 89.141 150.280 93.912
202309 93.937 151.492 98.173
202312 93.691 152.924 96.999
202403 91.363 153.035 94.520
202406 92.815 155.789 94.325
202409 100.275 157.882 100.555
202412 101.085 158.323 101.085

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.


Infosys  (NSE:INFY) 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.


Infosys Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Infosys's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Infosys Business Description

Industry
Address
44, Infosys Avenue, Hosur Road, Electronics City, Bengaluru, KA, IND, 560 100
Infosys is a leading global IT services provider, with over 320,000 employees. Based in Bengaluru, the Indian IT services firm leverages its offshore outsourcing model to derive 60% of its revenue from North America. The company offers traditional IT services offerings: consulting, managed services and cloud infrastructure services, and business process outsourcing as a service.