Tera Software (NSE:TERASOFT) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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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.
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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:TERASOFT Tera Software Ltd NSE:TERASOFT
74 GF Score
Price ₹236.60
GF Value ₹457.58
Valuation Possible Value Trap
! 2 Warning Signs
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What is Tera Software Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tera Software  (NSE:TERASOFT) 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.


Tera Software Cyclically Adjusted PS Ratio Related Terms


Tera Software Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tera Software'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.

Tera Software Cyclically Adjusted PS Ratio Chart

Tera Software 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 0.27 0.18 0.28 1.11 1.74

Tera Software 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 1.71 2.63 2.21 1.71 2.45

NSE:TERASOFT vs IBM, ACN, CTSH: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Tera Software'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.


Tera Software Cyclically Adjusted PS Ratio vs Software Industry

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

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


NSE:TERASOFT
74GF Score
Tera Software Ltd NSE:TERASOFT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tera Software 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.

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

For example, Tera Software'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)
=39.859/167.3573*167.3573
=39.859

Current CPI (Jun. 2026) = 167.3573.

Tera Software Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 55.945 105.961 88.361
201612 36.615 105.196 58.251
201703 28.022 105.196 44.580
201706 24.131 107.109 37.705
201709 18.921 109.021 29.045
201712 28.054 109.404 42.915
201803 53.449 109.786 81.477
201806 19.212 111.317 28.884
201809 19.763 115.142 28.725
201812 15.958 115.142 23.195
201903 86.090 118.202 121.891
201906 28.910 120.880 40.026
201909 55.690 123.175 75.666
201912 56.644 126.235 75.096
202003 73.730 124.705 98.947
202006 12.671 127.000 16.697
202009 44.080 130.118 56.696
202012 31.992 130.889 40.906
202103 39.713 131.771 50.438
202106 19.684 134.084 24.569
202109 21.625 135.847 26.641
202112 30.306 138.161 36.710
202203 30.003 138.822 36.170
202206 22.517 142.347 26.473
202209 21.168 144.661 24.489
202212 24.325 145.763 27.929
202303 36.532 146.865 41.629
202306 15.539 150.280 17.305
202309 16.922 151.492 18.694
202312 16.570 152.924 18.134
202403 18.491 153.035 20.222
202406 19.860 155.789 21.335
202409 20.254 157.882 21.470
202412 19.093 158.323 20.183
202503 26.826 157.552 28.496
202506 26.167 159.755 27.412
202509 57.091 162.289 58.874
202512 47.263 163.281 48.443
202603 59.733 164.272 60.855
202606 39.859 167.357 39.859

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.

Is Tera Software (NSE:TERASOFT) Overvalued in 2026?

Based on GuruFocus' analysis, Tera Software stock appears to be undervalued. The current stock price of ₹236.60 is trading 48.3% below its estimated GF Value™ of ₹457.58. GuruFocus considers Tera Software to be Possible Value Trap.

Key valuation signals for NSE:TERASOFT:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹457.58 vs. price of ₹236.60 (48.3% below fair value)
  • GF Score™: 74/100 with 2 warning signs

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


Tera Software Business Description

Other Exchanges 533982:India
Address Road No. 55, Plot No. 1107, No. 8-2-293/82/A/1107, Jubilee Hills, Hyderabad, TG, IND, 500033
Tera Software Ltd is engaged in providing IT & Integrated services. The company provides IT and operational solutions such as fiber network infrastructure and services; installation, maintenance, and support services, as well as wireless and wired connectivity; digitization of land records; sales tax automation; and solutions for the automation and management of road transport and vehicle registration authorities, among others. The company's operating business segments include the Technical Division, which generates maximum revenue, Integrated Solutions, Projects Division, and Others.
74GF Score

Get the complete analysis for NSE:TERASOFT

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

₹236.60
Price
₹457.58
GF Value