NTWK (NETSOL Technologies) Cyclically Adjusted PS Ratio: 0.64 (As of Aug. 29, 2026) — 14% Above Median

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NTWK NETSOL Technologies Inc NTWK
69 GF Score
Price $4.13
GF Value $3.16
Valuation Significantly Overvalued
! 5 Warning Signs
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What is NETSOL Technologies Cyclically Adjusted PS Ratio?

NETSOL Technologies NTWK +2.74% 69 Cyclically Adjusted PS Ratio is 0.64 as of Aug. 29, 2026, which is 14% above its 10-year median of 0.56. GuruFocus rates NTWK with a GF Score™ of 69/100 and a GF Value™ of $3.16 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,586 Software companies, NETSOL Technologies ranks better than 76.04% on this metric.

As of today (2026-08-29), NETSOL Technologies's current share price is $4.13. NETSOL Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $6.47. NETSOL Technologies's Cyclically Adjusted PS Ratio for today is 0.64.

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

NTWK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.56   Max: 1.38
Current: 0.64

During the past years, NETSOL Technologies's highest Cyclically Adjusted PS Ratio was 1.38. The lowest was 0.28. And the median was 0.56.

NTWK's Cyclically Adjusted PS Ratio is ranked better than
76.04% of 1586 companies
in the Software industry
Industry Median: 1.65 vs NTWK: 0.64

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.

NETSOL Technologies's adjusted revenue per share data for the three months ended in Mar. 2026 was $1.676. 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 $6.47 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NETSOL Technologies  (NAS:NTWK) 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.


NETSOL Technologies Cyclically Adjusted PS Ratio Related Terms


NETSOL Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for NETSOL 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.

NETSOL Technologies Cyclically Adjusted PS Ratio Chart

NETSOL Technologies Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.50 0.38 0.40 0.48

NETSOL Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.38 0.48 0.74 0.47 0.52

NTWK vs ATHR, NXTT, INVU: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, NETSOL 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.


NETSOL Technologies Cyclically Adjusted PS Ratio vs Software Industry

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

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


NTWK
69GF Score
NETSOL Technologies Inc NTWK
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NETSOL 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.13/6.47
=0.64

* 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.

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

For example, NETSOL Technologies's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.676/330.2130*330.2130
=1.676

Current CPI (Mar. 2026) = 330.2130.

NETSOL Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.787 241.018 2.448
201609 1.596 241.428 2.183
201612 1.458 241.432 1.994
201703 1.614 243.801 2.186
201706 1.305 244.955 1.759
201709 1.155 246.819 1.545
201712 1.293 246.524 1.732
201803 1.512 249.554 2.001
201806 1.454 251.989 1.905
201809 1.425 252.439 1.864
201812 1.467 251.233 1.928
201903 1.465 254.202 1.903
201906 1.483 256.143 1.912
201909 1.164 256.759 1.497
201912 1.338 256.974 1.719
202003 1.151 258.115 1.473
202006 1.132 257.797 1.450
202009 1.073 260.280 1.361
202012 1.133 260.474 1.436
202103 1.215 264.877 1.515
202106 1.362 271.696 1.655
202109 1.193 274.310 1.436
202112 1.376 278.802 1.630
202203 1.316 287.504 1.511
202206 1.204 296.311 1.342
202209 1.129 296.808 1.256
202212 1.099 296.797 1.223
202303 1.197 301.836 1.310
202306 1.219 305.109 1.319
202309 1.255 307.789 1.346
202312 1.340 306.746 1.443
202403 1.353 312.332 1.430
202406 1.435 314.175 1.508
202409 1.271 315.301 1.331
202412 1.353 315.605 1.416
202503 1.502 319.799 1.551
202506 1.572 322.561 1.609
202509 1.276 324.800 1.297
202512 1.592 324.054 1.622
202603 1.676 330.213 1.676

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 0.64 mean?
NETSOL Technologies (NTWK) has a Cyclically Adjusted PS Ratio of 0.64 as of Aug. 29, 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 NETSOL Technologies and its competitors. This is 14% above median its historical median of 0.56. Over the past decade, NETSOL Technologies' Cyclically Adjusted PS Ratio has ranged from 0.28 to 1.38. According to the industry distribution chart, NETSOL Technologies ranks #380 out of 1586 companies in the Software industry, placing it in the top 24%.
Is NETSOL Technologies' Cyclically Adjusted PS Ratio too high?
NETSOL Technologies' current Cyclically Adjusted PS Ratio of 0.64 is 14% above median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 1.38. The Software industry median Cyclically Adjusted PS Ratio is 1.65. NETSOL Technologies' value of 0.64 is 61.2% below this industry median. Based on the distribution chart, NETSOL Technologies ranks #380 out of 1586 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, NETSOL Technologies has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NETSOL Technologies' Cyclically Adjusted PS Ratio compare to ATHR and NXTT?
According to the Software industry distribution chart, NETSOL Technologies ranks #380 out of 1586 companies for Cyclically Adjusted PS Ratio. This places NETSOL Technologies in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.65. NETSOL Technologies' value of 0.64 is 61.2% below this benchmark. Historically, NETSOL Technologies' own Cyclically Adjusted PS Ratio has ranged from 0.28 to 1.38 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 1.65, NETSOL Technologies 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 Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.65, based on 1,586 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. NETSOL Technologies's current Cyclically Adjusted PS Ratio of 0.64 is 61.2% 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 NETSOL Technologies and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NETSOL Technologies's current Cyclically Adjusted PS Ratio is 0.64, which is 14% above median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NETSOL Technologies stock overvalued right now?
Based on GuruFocus' analysis, NETSOL Technologies (NTWK) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.16, compared to a current price of $4.13 — trading 30.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.64, which is 14% above median its 10-year median of 0.56 and 61.2% below the Software industry median of 1.65. NETSOL Technologies' overall GF Score™ is 69/100 with 5 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 NETSOL Technologies (NTWK), the current Cyclically Adjusted PS Ratio is 0.64 as of Aug. 29, 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 NETSOL Technologies (NTWK) Overvalued in 2026?

Based on GuruFocus' analysis, NETSOL Technologies stock appears to be overvalued. The current stock price of $4.13 is trading 30.7% above its estimated GF Value™ of $3.16. GuruFocus considers NETSOL Technologies to be Significantly Overvalued.

Key valuation signals for NTWK:

  • Cyclically Adjusted PS Ratio: 0.64 (14% above median its 10-year median of 0.56)
  • GF Value™: $3.16 vs. price of $4.13 (30.7% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 61.2% below the Software median (#380 of 1586)

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


NETSOL Technologies Business Description

Address 16000 Ventura Boulevard, Suite 770, Encino, CA, USA, 91436
NETSOL Technologies Inc is an information technology and enterprise software solutions provider to original equipment manufacturers (OEMs), dealerships, and financial institutions to sell, finance, and lease assets. The firm's products include Transcend Retail, Transcend Finance, Transcend Marketplace, Transcend Consultancy, and Transcend AI Labs, catering to its customers in the different stages of how assets are sold, financed, and leased. Its primary sources of revenue are licensing, subscriptions, modification, enhancement, and support of its suite of financial applications offered to businesses in the finance and leasing space, as well as automotive digital retail. The company has three reportable segments: Asia-Pacific, its key revenue-generating market, North America, and Europe.
69GF Score

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

$4.13
Price
$3.16
GF Value