Kernex Microsystems (India) (NSE:KERNEX) Cyclically Adjusted PS Ratio: 39.70 (As of Jul. 27, 2026) — 14% Above Median

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NSE:KERNEX Kernex Microsystems (India) Ltd NSE:KERNEX
44 GF Score
Price ₹2,205.20
! 5 Warning Signs
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What is Kernex Microsystems (India) Cyclically Adjusted PS Ratio?

Kernex Microsystems (India) NSE:KERNEX -0.69% 44 Cyclically Adjusted PS Ratio is 39.70 as of Jul. 27, 2026, which is 14% above its 10-year median of 34.71. GuruFocus rates NSE:KERNEX with a GF Score™ of 44/100. The stock has 5 warning signs investors should review. Among 1,591 Software companies, Kernex Microsystems (India) ranks worse than 99.06% on this metric.

As of today (2026-07-27), Kernex Microsystems (India)'s current share price is ₹2205.20. Kernex Microsystems (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹55.54. Kernex Microsystems (India)'s Cyclically Adjusted PS Ratio for today is 39.70.

The historical rank and industry rank for Kernex Microsystems (India)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

NSE:KERNEX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 17.26   Med: 34.71   Max: 71.11
Current: 39.7

During the past years, Kernex Microsystems (India)'s highest Cyclically Adjusted PS Ratio was 71.11. The lowest was 17.26. And the median was 34.71.

NSE:KERNEX's Cyclically Adjusted PS Ratio is ranked worse than
99.06% of 1591 companies
in the Software industry
Industry Median: 1.59 vs NSE:KERNEX: 39.70

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.

Kernex Microsystems (India)'s adjusted revenue per share data for the three months ended in Mar. 2026 was ₹151.760. 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 ₹55.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kernex Microsystems (India)  (NSE:KERNEX) 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.


Kernex Microsystems (India) Cyclically Adjusted PS Ratio Related Terms


Kernex Microsystems (India) Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kernex Microsystems (India)'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.

Kernex Microsystems (India) Cyclically Adjusted PS Ratio Chart

Kernex Microsystems (India) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 27.59 15.43

Kernex Microsystems (India) 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 27.59 37.18 29.34 31.19 15.43

NSE:KERNEX vs QH, SHOP, UBER: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Kernex Microsystems (India)'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.


Kernex Microsystems (India) Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Kernex Microsystems (India)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Kernex Microsystems (India)'s Cyclically Adjusted PS Ratio falls into.


NSE:KERNEX
44GF Score
Kernex Microsystems (India) Ltd NSE:KERNEX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kernex Microsystems (India) 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.

Kernex Microsystems (India)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2205.20/55.54
=39.70

* 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.

Kernex Microsystems (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Kernex Microsystems (India)'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)
=151.76/164.2724*164.2724
=151.760

Current CPI (Mar. 2026) = 164.2724.

Kernex Microsystems (India) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201206 5.431 79.567 11.213
201209 4.792 82.244 9.571
201212 4.996 83.774 9.797
201303 7.367 85.687 14.123
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201809 2.496 115.142 3.561
201812 0.665 115.142 0.949
201903 2.838 118.202 3.944
201906 7.803 120.880 10.604
201909 2.704 123.175 3.606
201912 0.923 126.235 1.201
202003 0.518 124.705 0.682
202006 0.429 127.000 0.555
202009 0.699 130.118 0.882
202012 2.351 130.889 2.951
202103 11.066 131.771 13.795
202106 1.306 134.084 1.600
202109 2.480 135.847 2.999
202112 0.862 138.161 1.025
202203 0.676 138.822 0.800
202206 0.717 142.347 0.827
202209 0.307 144.661 0.349
202212 1.542 145.763 1.738
202303 0.398 146.865 0.445
202306 0.719 150.280 0.786
202309 0.888 151.492 0.963
202312 5.323 152.924 5.718
202403 5.318 153.035 5.709
202406 17.113 155.789 18.045
202409 24.619 157.882 25.615
202412 21.981 158.323 22.807
202503 49.429 157.552 51.537
202506 33.266 159.755 34.207
202509 27.664 162.289 28.002
202512 43.383 163.281 43.646
202603 151.760 164.272 151.760

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 39.70 mean?
Kernex Microsystems (India) (NSE:KERNEX) has a Cyclically Adjusted PS Ratio of 39.70 as of Jul. 27, 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 Kernex Microsystems (India) and its competitors. This is 14% above median its historical median of 34.71. Over the past decade, Kernex Microsystems (India)'s Cyclically Adjusted PS Ratio has ranged from 17.26 to 71.11. According to the industry distribution chart, Kernex Microsystems (India) ranks #1576 out of 1591 companies in the Software industry, placing it in the top 99.1%.
Is Kernex Microsystems (India)'s Cyclically Adjusted PS Ratio too high?
Kernex Microsystems (India)'s current Cyclically Adjusted PS Ratio of 39.70 is 14% above median its 10-year median of 34.71. Over the past 10 years, this metric has ranged from a low of 17.26 to a high of 71.11. The Software industry median Cyclically Adjusted PS Ratio is 1.59. Kernex Microsystems (India)'s value of 39.70 is 2396.9% above this industry median. Based on the distribution chart, Kernex Microsystems (India) ranks #1576 out of 1591 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Kernex Microsystems (India) has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Kernex Microsystems (India)'s Cyclically Adjusted PS Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Kernex Microsystems (India) ranks #1576 out of 1591 companies for Cyclically Adjusted PS Ratio. This places Kernex Microsystems (India) in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.59. Kernex Microsystems (India)'s value of 39.70 is 2396.9% above this benchmark. Historically, Kernex Microsystems (India)'s own Cyclically Adjusted PS Ratio has ranged from 17.26 to 71.11 over the past decade. While the company's 10-year median is 34.71 vs. the industry median of 1.59, Kernex Microsystems (India) 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 1.59, 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. Kernex Microsystems (India)'s current Cyclically Adjusted PS Ratio of 39.70 is 2396.9% 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 Kernex Microsystems (India) and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kernex Microsystems (India)'s current Cyclically Adjusted PS Ratio is 39.70, which is 14% above median its own 10-year median of 34.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kernex Microsystems (India) stock overvalued right now?
Kernex Microsystems (India) (NSE:KERNEX) has a current Cyclically Adjusted PS Ratio of 39.70. The current Cyclically Adjusted PS Ratio is 39.70, which is 14% above median its 10-year median of 34.71 and 2396.9% above the Software industry median of 1.59. Kernex Microsystems (India)'s overall GF Score™ is 44/100 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 Kernex Microsystems (India) (NSE:KERNEX), the current Cyclically Adjusted PS Ratio is 39.70 as of Jul. 27, 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.

Kernex Microsystems (India) Business Description

Other Exchanges 532686:India
Address Plot No. 38-41, Survey No. 1/1, Hardware Technology Park, Raviryal Village, TSIIC layout, Maheswaram Mandal, Ranga Reddy, Hyderabad, TG, IND, 501510
Kernex Microsystems (India) Ltd is an India based company engaged in the manufacture and sale of Safety Systems and Software services for Railways. The company is in the business of designing, developing, and deployment of Train Collision Avoidance Systems in Indian Railways, and successfully completing the installation of automatic and semi-automatic Railway Gates. It offers products which include LxGuard, TrainSHIELD, SAFELx, SENTINEX, CASRY, KMDAX, ATRW, KTPIS, and BCPS2440. Geographically, it generates the majority of its revenue within India.
44GF Score

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

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