Zensar Technologies (NSE:ZENSARTECH) Cyclically Adjusted PS Ratio: 2.17 (As of Aug. 02, 2026) — Near Median

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NSE:ZENSARTECH Zensar Technologies Ltd NSE:ZENSARTECH
85 GF Score
Price ₹507.95
GF Value ₹754.52
Valuation Significantly Undervalued
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What is Zensar Technologies Cyclically Adjusted PS Ratio?

Zensar Technologies NSE:ZENSARTECH -2.49% 85 Cyclically Adjusted PS Ratio is 2.17 as of Aug. 02, 2026, which is 6% below its 10-year median of 2.31. GuruFocus rates NSE:ZENSARTECH with a GF Score™ of 85/100 and a GF Value™ of ₹754.52 (Significantly Undervalued). Among 1,590 Software companies, Zensar Technologies ranks worse than 58.18% on this metric.

As of today (2026-08-02), Zensar Technologies's current share price is ₹507.95. Zensar Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹234.02. Zensar Technologies's Cyclically Adjusted PS Ratio for today is 2.17.

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

NSE:ZENSARTECH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 2.31   Max: 4.46
Current: 2.17

During the past years, Zensar Technologies's highest Cyclically Adjusted PS Ratio was 4.46. The lowest was 0.48. And the median was 2.31.

NSE:ZENSARTECH's Cyclically Adjusted PS Ratio is ranked worse than
58.18% of 1590 companies
in the Software industry
Industry Median: 1.63 vs NSE:ZENSARTECH: 2.17

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.

Zensar Technologies's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹65.567. 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 ₹234.02 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zensar Technologies  (NSE:ZENSARTECH) 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.


Zensar Technologies Cyclically Adjusted PS Ratio Related Terms


Zensar Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Zensar Technologies'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.

Zensar Technologies Cyclically Adjusted PS Ratio Chart

Zensar Technologies 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 2.05 1.41 2.93 3.23 2.24

Zensar Technologies 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 3.81 3.38 3.09 2.24 1.82

NSE:ZENSARTECH vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Zensar Technologies'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.


Zensar Technologies Cyclically Adjusted PS Ratio vs Software Industry

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

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


NSE:ZENSARTECH
85GF Score
Zensar Technologies Ltd NSE:ZENSARTECH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Zensar Technologies 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.

Zensar Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=507.95/234.02
=2.17

* 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.

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

For example, Zensar Technologies'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)
=65.567/166.1454*166.1454
=65.567

Current CPI (Jun. 2026) = 166.1454.

Zensar Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 34.069 105.961 53.420
201612 34.728 105.196 54.849
201703 32.749 105.196 51.723
201706 32.389 107.109 50.241
201709 33.728 109.021 51.400
201712 34.938 109.404 53.058
201803 35.880 109.786 54.299
201806 39.750 111.317 59.329
201809 42.316 115.142 61.060
201812 45.146 115.142 65.144
201903 46.173 118.202 64.901
201906 46.716 120.880 64.210
201909 46.854 123.175 63.199
201912 44.665 126.235 58.786
202003 44.883 124.705 59.798
202006 43.407 127.000 56.786
202009 39.176 130.118 50.023
202012 40.859 130.889 51.865
202103 38.864 131.771 49.002
202106 41.182 134.084 51.029
202109 46.520 135.847 56.896
202112 48.583 138.161 58.424
202203 49.904 138.822 59.726
202206 52.719 142.347 61.533
202209 53.905 144.661 61.911
202212 52.600 145.763 59.955
202303 53.469 146.865 60.489
202306 53.739 150.280 59.412
202309 54.298 151.492 59.550
202312 52.721 152.924 57.279
202403 53.902 153.035 58.520
202406 56.370 155.789 60.117
202409 57.293 157.882 60.292
202412 57.902 158.323 60.763
202503 59.163 157.552 62.390
202506 60.270 159.755 62.681
202509 61.860 162.289 63.330
202512 62.083 163.281 63.172
202603 63.016 164.272 63.734
202606 65.567 166.145 65.567

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 2.17 mean?
Zensar Technologies (NSE:ZENSARTECH) has a Cyclically Adjusted PS Ratio of 2.17 as of Aug. 02, 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 Zensar Technologies and its competitors. This is near median its historical median of 2.31. Over the past decade, Zensar Technologies' Cyclically Adjusted PS Ratio has ranged from 0.48 to 4.46. According to the industry distribution chart, Zensar Technologies ranks #925 out of 1590 companies in the Software industry, placing it in the top 58.2%.
Is Zensar Technologies' Cyclically Adjusted PS Ratio too high?
Zensar Technologies' current Cyclically Adjusted PS Ratio of 2.17 is near median its 10-year median of 2.31. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 4.46. The Software industry median Cyclically Adjusted PS Ratio is 1.63. Zensar Technologies' value of 2.17 is 33.1% above this industry median. Based on the distribution chart, Zensar Technologies ranks #925 out of 1590 companies in the Software industry, which is below the industry midpoint. Overall, Zensar Technologies has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zensar Technologies' Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Zensar Technologies ranks #925 out of 1590 companies for Cyclically Adjusted PS Ratio. This places Zensar Technologies in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.63. Zensar Technologies' value of 2.17 is 33.1% above this benchmark. Historically, Zensar Technologies' own Cyclically Adjusted PS Ratio has ranged from 0.48 to 4.46 over the past decade. While the company's 10-year median is 2.31 vs. the industry median of 1.63, Zensar Technologies 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. Zensar Technologies's current Cyclically Adjusted PS Ratio of 2.17 is 33.1% 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 Zensar Technologies 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. Zensar Technologies's current Cyclically Adjusted PS Ratio is 2.17, which is near median its own 10-year median of 2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zensar Technologies stock overvalued right now?
Based on GuruFocus' analysis, Zensar Technologies (NSE:ZENSARTECH) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹754.52, compared to a current price of ₹507.95 — trading 32.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.17, which is near median its 10-year median of 2.31 and 33.1% above the Software industry median of 1.63. Zensar Technologies' overall GF Score™ is 85/100. 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 Zensar Technologies (NSE:ZENSARTECH), the current Cyclically Adjusted PS Ratio is 2.17 as of Aug. 02, 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 Zensar Technologies (NSE:ZENSARTECH) Overvalued in 2026?

Based on GuruFocus' analysis, Zensar Technologies stock appears to be undervalued. The current stock price of ₹507.95 is trading 32.7% below its estimated GF Value™ of ₹754.52. GuruFocus considers Zensar Technologies to be Significantly Undervalued.

Key valuation signals for NSE:ZENSARTECH:

  • Cyclically Adjusted PS Ratio: 2.17 (near median its 10-year median of 2.31)
  • GF Value™: ₹754.52 vs. price of ₹507.95 (32.7% below fair value)
  • GF Score™: 85/100
  • Industry Position: 33.1% above the Software median (#925 of 1590)

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


Zensar Technologies Business Description

Other Exchanges 504067:India
Address Plot No. 4, Off Nagar Road, Zensar Knowledge Park, MIDC, Kharadi, Pune, MH, IND, 411014
Zensar Technologies Ltd provides a range of information technology services and sells IT-related products. The company segments include Digital and Application Services (DAS) and Digital Foundation Services (DFS). It generates maximum revenue from the DAS segment. The Digital and Application Services (DAS) segment is engaged in Custom Applications Management Services that include Application Development, Maintenance, Support, Modernization, and Testing Services across a wide technology spectrum and Industry verticals. Geographically, the majority of its revenue comes from the Americas and the rest from Europe, and the rest of the world.
85GF Score

Get the complete analysis for NSE:ZENSARTECH

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

₹507.95
Price
₹754.52
GF Value