Ramco Systems (NSE:RAMCOSYS) Cyclically Adjusted PS Ratio: 2.76 (As of Jul. 30, 2026) — 50% Above Median

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NSE:RAMCOSYS Ramco Systems Ltd NSE:RAMCOSYS
61 GF Score
Price ₹590.05
GF Value ₹467.73
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Ramco Systems Cyclically Adjusted PS Ratio?

Ramco Systems NSE:RAMCOSYS -2.94% 61 Cyclically Adjusted PS Ratio is 2.76 as of Jul. 30, 2026, which is 50% above its 10-year median of 1.84. GuruFocus rates NSE:RAMCOSYS with a GF Score™ of 61/100 and a GF Value™ of ₹467.73 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,590 Software companies, Ramco Systems ranks worse than 65.16% on this metric.

As of today (2026-07-30), Ramco Systems's current share price is ₹590.05. Ramco Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹213.89. Ramco Systems's Cyclically Adjusted PS Ratio for today is 2.76.

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

NSE:RAMCOSYS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.84   Max: 3.76
Current: 2.75

During the past years, Ramco Systems's highest Cyclically Adjusted PS Ratio was 3.76. The lowest was 0.89. And the median was 1.84.

NSE:RAMCOSYS's Cyclically Adjusted PS Ratio is ranked worse than
65.16% of 1590 companies
in the Software industry
Industry Median: 1.63 vs NSE:RAMCOSYS: 2.75

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.

Ramco Systems's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹46.148. 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 ₹213.89 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ramco Systems  (NSE:RAMCOSYS) 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.


Ramco Systems Cyclically Adjusted PS Ratio Related Terms


Ramco Systems Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ramco Systems'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.

Ramco Systems Cyclically Adjusted PS Ratio Chart

Ramco Systems 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 1.25 0.89 1.25 1.59 1.62

Ramco Systems 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 1.94 2.33 2.67 1.62 3.91

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

For the Software - Application subindustry, Ramco Systems'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.


Ramco Systems Cyclically Adjusted PS Ratio vs Software Industry

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

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


NSE:RAMCOSYS
61GF Score
Ramco Systems Ltd NSE:RAMCOSYS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ramco Systems 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.

Ramco Systems's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=590.05/213.89
=2.76

* 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.

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

For example, Ramco Systems'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)
=46.148/166.1454*166.1454
=46.148

Current CPI (Jun. 2026) = 166.1454.

Ramco Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 37.623 105.961 58.992
201612 37.681 105.196 59.513
201703 37.880 105.196 59.827
201706 36.212 107.109 56.172
201709 37.895 109.021 57.751
201712 41.178 109.404 62.535
201803 38.847 109.786 58.789
201806 41.191 111.317 61.480
201809 43.073 115.142 62.153
201812 46.862 115.142 67.620
201903 46.287 118.202 65.061
201906 45.593 120.880 62.666
201909 48.831 123.175 65.866
201912 48.107 126.235 63.316
202003 43.361 124.705 57.770
202006 47.410 127.000 62.023
202009 52.209 130.118 66.665
202012 55.942 130.889 71.011
202103 48.848 131.771 61.591
202106 45.794 134.084 56.744
202109 45.813 135.847 56.031
202112 41.028 138.161 49.338
202203 40.270 138.822 48.196
202206 38.919 142.347 45.426
202209 38.477 144.661 44.191
202212 41.364 145.763 47.148
202303 37.493 146.865 42.415
202306 39.597 150.280 43.777
202309 35.968 151.492 39.447
202312 36.357 152.924 39.500
202403 37.078 153.035 40.255
202406 38.618 155.789 41.185
202409 39.510 157.882 41.578
202412 42.972 158.323 45.095
202503 42.403 157.552 44.716
202506 42.858 159.755 44.572
202509 47.039 162.289 48.157
202512 47.103 163.281 47.929
202603 49.435 164.272 49.999
202606 46.148 166.145 46.148

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 2.76 mean?
Ramco Systems (NSE:RAMCOSYS) has a Cyclically Adjusted PS Ratio of 2.76 as of Jul. 30, 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 Ramco Systems and its competitors. This is 50% above median its historical median of 1.84. Over the past decade, Ramco Systems' Cyclically Adjusted PS Ratio has ranged from 0.89 to 3.76. According to the industry distribution chart, Ramco Systems ranks #1036 out of 1590 companies in the Software industry, placing it in the top 65.2%.
Is Ramco Systems' Cyclically Adjusted PS Ratio too high?
Ramco Systems' current Cyclically Adjusted PS Ratio of 2.76 is 50% above median its 10-year median of 1.84. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 3.76. The Software industry median Cyclically Adjusted PS Ratio is 1.63. Ramco Systems' value of 2.76 is 69.3% above this industry median. Based on the distribution chart, Ramco Systems ranks #1036 out of 1590 companies in the Software industry, which is below the industry midpoint. Overall, Ramco Systems has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ramco Systems' Cyclically Adjusted PS Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Ramco Systems ranks #1036 out of 1590 companies for Cyclically Adjusted PS Ratio. This places Ramco Systems in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.63. Ramco Systems' value of 2.76 is 69.3% above this benchmark. Historically, Ramco Systems' own Cyclically Adjusted PS Ratio has ranged from 0.89 to 3.76 over the past decade. While the company's 10-year median is 1.84 vs. the industry median of 1.63, Ramco Systems 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 1.63, based on 1,590 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. Ramco Systems's current Cyclically Adjusted PS Ratio of 2.76 is 69.3% 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 Ramco Systems and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ramco Systems's current Cyclically Adjusted PS Ratio is 2.76, which is 50% above median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramco Systems stock overvalued right now?
Based on GuruFocus' analysis, Ramco Systems (NSE:RAMCOSYS) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹467.73, compared to a current price of ₹590.05 — trading 26.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.76, which is 50% above median its 10-year median of 1.84 and 69.3% above the Software industry median of 1.63. Ramco Systems' overall GF Score™ is 61/100 with 2 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 Ramco Systems (NSE:RAMCOSYS), the current Cyclically Adjusted PS Ratio is 2.76 as of Jul. 30, 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 Ramco Systems (NSE:RAMCOSYS) Overvalued in 2026?

Based on GuruFocus' analysis, Ramco Systems stock appears to be overvalued. The current stock price of ₹590.05 is trading 26.2% above its estimated GF Value™ of ₹467.73. GuruFocus considers Ramco Systems to be Modestly Overvalued.

Key valuation signals for NSE:RAMCOSYS:

  • Cyclically Adjusted PS Ratio: 2.76 (50% above median its 10-year median of 1.84)
  • GF Value™: ₹467.73 vs. price of ₹590.05 (26.2% above fair value)
  • GF Score™: 61/100 with 2 warning signs
  • Industry Position: 69.3% above the Software median (#1036 of 1590)

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


Ramco Systems Business Description

Other Exchanges 532370:India
Address No. 64, Sardar Patel Road, Taramani, Chennai, TN, IND, 600 113
Ramco Systems Ltd develops software and software products for human capital management, payroll, enterprise resource management, monitoring and evaluation, and maintenance, repair, and overhaul providers in the Aviation industry. The company develops software through its enterprise application assembly and delivery platform Ramco VirtualWorks for transaction systems and Ramco Decision Works for analytics/reporting. The product portfolio of the company includes aviation, aerospace & defense management software, enterprise resource planning software, and payroll & logistics software on the cloud. It as only one operating segment which is Software Solutions & Services.
61GF Score

Get the complete analysis for NSE:RAMCOSYS

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

₹590.05
Price
₹467.73
GF Value