Quess (NSE:QUESS) Cyclically Adjusted PS Ratio: 0.34 (As of Aug. 12, 2026) — Near Median

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NSE:QUESS Quess Corp Ltd NSE:QUESS
75 GF Score
Price ₹324.20
GF Value ₹276.75
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Quess Cyclically Adjusted PS Ratio?

Quess NSE:QUESS +0.14% 75 Cyclically Adjusted PS Ratio is 0.34 as of Aug. 12, 2026, which is 3% below its 10-year median of 0.35. GuruFocus rates NSE:QUESS with a GF Score™ of 75/100 and a GF Value™ of ₹276.75 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 718 Business Services companies, Quess ranks better than 76.04% on this metric.

As of today (2026-08-12), Quess's current share price is ₹324.20. Quess's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹963.71. Quess's Cyclically Adjusted PS Ratio for today is 0.34.

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

NSE:QUESS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.35   Max: 0.53
Current: 0.34

During the past years, Quess's highest Cyclically Adjusted PS Ratio was 0.53. The lowest was 0.19. And the median was 0.35.

NSE:QUESS's Cyclically Adjusted PS Ratio is ranked better than
76.04% of 718 companies
in the Business Services industry
Industry Median: 0.87 vs NSE:QUESS: 0.34

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.

Quess's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹278.273. 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 ₹963.71 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quess  (NSE:QUESS) 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.


Quess Cyclically Adjusted PS Ratio Related Terms


Quess Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Quess'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.

Quess Cyclically Adjusted PS Ratio Chart

Quess 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 0.39 0.18

Quess 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 0.35 0.28 0.22 0.18 0.28

NSE:QUESS vs KFY, RHI, TNET: Cyclically Adjusted PS Ratio Comparison

For the Staffing & Employment Services subindustry, Quess'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.


Quess Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Quess's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:QUESS
75GF Score
Quess Corp Ltd NSE:QUESS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quess 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=324.20/963.71
=0.34

* 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.

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

For example, Quess'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)
=278.273/166.1454*166.1454
=278.273

Current CPI (Jun. 2026) = 166.1454.

Quess Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 80.074 105.961 125.555
201612 81.395 105.196 128.554
201703 91.213 105.196 144.061
201706 95.464 107.109 148.082
201709 99.123 109.021 151.061
201712 107.789 109.404 163.693
201803 128.810 109.786 194.935
201806 133.977 111.317 199.967
201809 142.805 115.142 206.062
201812 147.882 115.142 213.388
201903 156.283 118.202 219.672
201906 163.084 120.880 224.154
201909 180.158 123.175 243.007
201912 199.798 126.235 262.965
202003 202.683 124.705 270.036
202006 161.960 127.000 211.881
202009 174.575 130.118 222.912
202012 187.623 130.889 238.161
202103 199.794 131.771 251.914
202106 198.532 134.084 246.003
202109 215.682 135.847 263.786
202112 245.747 138.161 295.523
202203 256.235 138.822 306.668
202206 266.676 142.347 311.260
202209 286.472 144.661 329.017
202212 299.092 145.763 340.915
202303 297.292 146.865 336.321
202306 308.855 150.280 341.461
202309 318.202 151.492 348.981
202312 324.380 152.924 352.424
202403 -33.126 153.035 -35.964
202406 239.779 155.789 255.719
202409 247.757 157.882 260.724
202412 269.029 158.323 282.321
202503 245.821 157.552 259.229
202506 244.581 159.755 254.364
202509 256.194 162.289 262.281
202512 263.019 163.281 267.633
202603 260.366 164.272 263.335
202606 278.273 166.145 278.273

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 0.34 mean?
Quess (NSE:QUESS) has a Cyclically Adjusted PS Ratio of 0.34 as of Aug. 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 Quess and its competitors. This is near median its historical median of 0.35. Over the past decade, Quess' Cyclically Adjusted PS Ratio has ranged from 0.19 to 0.53. According to the industry distribution chart, Quess ranks #172 out of 718 companies in the Business Services industry, placing it in the top 24%.
Is Quess' Cyclically Adjusted PS Ratio too high?
Quess' current Cyclically Adjusted PS Ratio of 0.34 is near median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.53. The Business Services industry median Cyclically Adjusted PS Ratio is 0.87. Quess' value of 0.34 is 60.9% below this industry median. Based on the distribution chart, Quess ranks #172 out of 718 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Quess has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Quess' Cyclically Adjusted PS Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, Quess ranks #172 out of 718 companies for Cyclically Adjusted PS Ratio. This places Quess in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.87. Quess' value of 0.34 is 60.9% below this benchmark. Historically, Quess' own Cyclically Adjusted PS Ratio has ranged from 0.19 to 0.53 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.87, Quess has consistently been below 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.87, based on 718 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. Quess's current Cyclically Adjusted PS Ratio of 0.34 is 60.9% below 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 Quess and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quess's current Cyclically Adjusted PS Ratio is 0.34, which is near median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quess stock overvalued right now?
Based on GuruFocus' analysis, Quess (NSE:QUESS) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹276.75, compared to a current price of ₹324.20 — trading 17.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.34, which is near median its 10-year median of 0.35 and 60.9% below the Business Services industry median of 0.87. Quess' overall GF Score™ is 75/100 with 9 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 Quess (NSE:QUESS), the current Cyclically Adjusted PS Ratio is 0.34 as of Aug. 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 Quess (NSE:QUESS) Overvalued in 2026?

Based on GuruFocus' analysis, Quess stock appears to be overvalued. The current stock price of ₹324.20 is trading 17.1% above its estimated GF Value™ of ₹276.75. GuruFocus considers Quess to be Modestly Overvalued.

Key valuation signals for NSE:QUESS:

  • Cyclically Adjusted PS Ratio: 0.34 (near median its 10-year median of 0.35)
  • GF Value™: ₹276.75 vs. price of ₹324.20 (17.1% above fair value)
  • GF Score™: 75/100 with 9 warning signs
  • Industry Position: 60.9% below the Business Services median (#172 of 718)

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


Quess Business Description

Other Exchanges 539978:India
Address Sky Walk Avenue, 32/4, Hosur Road, Quess Tower, Roopena Agrahara, Bommanahalli, Bengaluru, KA, IND, 560068
Quess Corp Ltd is engaged in the business of providing services in General Staffing, Professional Staffing, Overseas business, and Digital platform business based in India. The company's operating segment includes General Staffing; Professional Staffing. Overseas Staffing and Digital Platforms. It generates maximum revenue from the General Staffing segment that provides end-to-end workforce solutions for industries such as BFSI, retail, manufacturing, telecom, logistics, and construction. Geographically, it derives a majority of its revenue from India.
75GF Score

Get the complete analysis for NSE:QUESS

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

₹324.20
Price
₹276.75
GF Value