Nucleus Software Exports (NSE:NUCLEUS) Cyclically Adjusted PS Ratio: 2.81 (As of Aug. 24, 2026) — 23% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
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.

NSE:NUCLEUS Nucleus Software Exports Ltd NSE:NUCLEUS
86 GF Score
Price ₹740.40
GF Value ₹1,216.18
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Nucleus Software Exports Cyclically Adjusted PS Ratio?

Nucleus Software Exports NSE:NUCLEUS +0.52% 86 Cyclically Adjusted PS Ratio is 2.81 as of Aug. 24, 2026, which is 23% below its 10-year median of 3.63. GuruFocus rates NSE:NUCLEUS with a GF Score™ of 86/100 and a GF Value™ of ₹1,216.18 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,591 Software companies, Nucleus Software Exports ranks worse than 63.67% on this metric.

As of today (2026-08-24), Nucleus Software Exports's current share price is ₹740.40. Nucleus Software Exports's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹263.69. Nucleus Software Exports's Cyclically Adjusted PS Ratio for today is 2.81.

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

NSE:NUCLEUS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.75   Med: 3.63   Max: 8.45
Current: 2.8

During the past years, Nucleus Software Exports's highest Cyclically Adjusted PS Ratio was 8.45. The lowest was 1.75. And the median was 3.63.

NSE:NUCLEUS's Cyclically Adjusted PS Ratio is ranked worse than
63.67% of 1591 companies
in the Software industry
Industry Median: 1.67 vs NSE:NUCLEUS: 2.80

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.

Nucleus Software Exports's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹79.957. 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 ₹263.69 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nucleus Software Exports  (NSE:NUCLEUS) 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.


Nucleus Software Exports Cyclically Adjusted PS Ratio Related Terms


Nucleus Software Exports Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nucleus Software Exports'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.

Nucleus Software Exports Cyclically Adjusted PS Ratio Chart

Nucleus Software Exports 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 2.42 3.38 5.63 3.49 2.83

Nucleus Software Exports 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 5.04 4.08 3.65 2.83 2.87

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

For the Software - Application subindustry, Nucleus Software Exports'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.


Nucleus Software Exports Cyclically Adjusted PS Ratio vs Software Industry

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

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


NSE:NUCLEUS
86GF Score
Nucleus Software Exports Ltd NSE:NUCLEUS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nucleus Software Exports 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.

Nucleus Software Exports's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=740.40/263.69
=2.81

* 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.

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

For example, Nucleus Software Exports'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)
=79.957/167.3573*167.3573
=79.957

Current CPI (Jun. 2026) = 167.3573.

Nucleus Software Exports Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 29.549 105.961 46.670
201612 28.751 105.196 45.740
201703 28.948 105.196 46.054
201706 29.173 107.109 45.583
201709 31.623 109.021 48.544
201712 36.531 109.404 55.882
201803 38.211 109.786 58.248
201806 38.796 111.317 58.327
201809 41.830 115.142 60.799
201812 42.340 115.142 61.541
201903 43.769 118.202 61.971
201906 42.748 120.880 59.184
201909 44.138 123.175 59.970
201912 44.886 126.235 59.508
202003 47.577 124.705 63.849
202006 44.196 127.000 58.240
202009 47.168 130.118 60.667
202012 42.719 130.889 54.621
202103 42.750 131.771 54.295
202106 37.411 134.084 46.695
202109 39.237 135.847 48.338
202112 41.891 138.161 50.744
202203 55.730 138.822 67.186
202206 48.091 142.347 56.540
202209 48.592 144.661 56.216
202212 63.244 145.763 72.613
202303 77.044 146.865 87.794
202306 77.226 150.280 86.002
202309 76.640 151.492 84.666
202312 76.245 152.924 83.441
202403 78.528 153.035 85.878
202406 72.980 155.789 78.399
202409 75.535 157.882 80.068
202412 78.115 158.323 82.572
202503 86.961 157.552 92.373
202506 82.695 159.755 86.630
202509 81.133 162.289 83.667
202512 83.547 163.281 85.633
202603 85.354 164.272 86.957
202606 79.957 167.357 79.957

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 2.81 mean?
Nucleus Software Exports (NSE:NUCLEUS) has a Cyclically Adjusted PS Ratio of 2.81 as of Aug. 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 Nucleus Software Exports and its competitors. This is 23% below median its historical median of 3.63. Over the past decade, Nucleus Software Exports' Cyclically Adjusted PS Ratio has ranged from 1.75 to 8.45. According to the industry distribution chart, Nucleus Software Exports ranks #1013 out of 1591 companies in the Software industry, placing it in the top 63.7%.
Is Nucleus Software Exports' Cyclically Adjusted PS Ratio too high?
Nucleus Software Exports' current Cyclically Adjusted PS Ratio of 2.81 is 23% below median its 10-year median of 3.63. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 8.45. The Software industry median Cyclically Adjusted PS Ratio is 1.67. Nucleus Software Exports' value of 2.81 is 68.3% above this industry median. Based on the distribution chart, Nucleus Software Exports ranks #1013 out of 1591 companies in the Software industry, which is below the industry midpoint. Overall, Nucleus Software Exports has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nucleus Software Exports' Cyclically Adjusted PS Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Nucleus Software Exports ranks #1013 out of 1591 companies for Cyclically Adjusted PS Ratio. This places Nucleus Software Exports in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.67. Nucleus Software Exports' value of 2.81 is 68.3% above this benchmark. Historically, Nucleus Software Exports' own Cyclically Adjusted PS Ratio has ranged from 1.75 to 8.45 over the past decade. While the company's 10-year median is 3.63 vs. the industry median of 1.67, Nucleus Software Exports 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 1.67, 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. Nucleus Software Exports's current Cyclically Adjusted PS Ratio of 2.81 is 68.3% 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 Nucleus Software Exports and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nucleus Software Exports's current Cyclically Adjusted PS Ratio is 2.81, which is 23% below median its own 10-year median of 3.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nucleus Software Exports stock overvalued right now?
Based on GuruFocus' analysis, Nucleus Software Exports (NSE:NUCLEUS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,216.18, compared to a current price of ₹740.40 — trading 39.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.81, which is 23% below median its 10-year median of 3.63 and 68.3% above the Software industry median of 1.67. Nucleus Software Exports' overall GF Score™ is 86/100 with 4 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 Nucleus Software Exports (NSE:NUCLEUS), the current Cyclically Adjusted PS Ratio is 2.81 as of Aug. 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 Nucleus Software Exports (NSE:NUCLEUS) Overvalued in 2026?

Based on GuruFocus' analysis, Nucleus Software Exports stock appears to be undervalued. The current stock price of ₹740.40 is trading 39.1% below its estimated GF Value™ of ₹1,216.18. GuruFocus considers Nucleus Software Exports to be Significantly Undervalued.

Key valuation signals for NSE:NUCLEUS:

  • Cyclically Adjusted PS Ratio: 2.81 (23% below median its 10-year median of 3.63)
  • GF Value™: ₹1,216.18 vs. price of ₹740.40 (39.1% below fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 68.3% above the Software median (#1013 of 1591)

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


Nucleus Software Exports Business Description

Other Exchanges 531209:India
Address A-39, Sector 62, Noida, UP, IND, 201307
Nucleus Software Exports Ltd is a provider of lending and transaction banking products to the financial services industry. Its products are used by retail banking, corporate banking, cash management, internet banking, automotive finance, and other business areas. The company's key products include Finnone and Finnaxia. Geographical segments include India, Far East, South East Asia, Europe, the Middle East, Africa, Australia, and Others. The company derives the majority of its revenue from India. Its services include Professional Services, Application Services, and Managed Infrastructure Services.
86GF Score

Get the complete analysis for NSE:NUCLEUS

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

₹740.40
Price
₹1,216.18
GF Value