DFNN (PHS:DFNN) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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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Charlie Tian
Charlie Tian
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.

PHS:DFNN DFNN Inc PHS:DFNN
14 GF Score
Price ₱0.65
GF Value ₱0.51
Valuation Modestly Overvalued
! 9 Warning Signs
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What is DFNN Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


DFNN  (PHS:DFNN) 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.


DFNN Cyclically Adjusted PS Ratio Related Terms


DFNN Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for DFNN'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.

DFNN Cyclically Adjusted PS Ratio Chart

DFNN Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 1.62 1.22 1.06 0.29

DFNN Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 0.60 0.31 0.28 0.26 0.25

PHS:DFNN vs CRM, SHOP, UBER: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, DFNN'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.


DFNN Cyclically Adjusted PS Ratio vs Software Industry

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

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


PHS:DFNN
14GF Score
DFNN Inc PHS:DFNN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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DFNN 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.

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

For example, DFNN'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)
=0.136/333.9520*333.9520
=0.136

Current CPI (Jun. 2026) = 333.9520.

DFNN Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.107 241.018 0.148
201609 0.250 241.428 0.346
201612 0.573 241.432 0.793
201703 1.080 243.801 1.479
201706 0.919 244.955 1.253
201709 0.906 246.819 1.226
201712 0.354 246.524 0.480
201803 0.902 249.554 1.207
201806 1.033 251.989 1.369
201809 1.132 252.439 1.498
201812 0.453 251.233 0.602
201903 0.939 254.202 1.234
201906 1.023 256.143 1.334
201909 1.022 256.759 1.329
201912 0.506 256.974 0.658
202003 0.841 258.115 1.088
202006 0.173 257.797 0.224
202009 0.326 260.280 0.418
202012 0.427 260.474 0.547
202103 0.497 264.877 0.627
202106 0.357 271.696 0.439
202109 0.275 274.310 0.335
202112 0.561 278.802 0.672
202203 0.882 287.504 1.024
202206 1.217 296.311 1.372
202209 0.919 296.808 1.034
202303 0.693 301.836 0.767
202306 1.573 305.109 1.722
202309 0.609 307.789 0.661
202312 0.633 306.746 0.689
202403 0.559 312.332 0.598
202406 0.444 314.175 0.472
202409 0.399 315.301 0.423
202412 0.296 315.605 0.313
202503 0.278 319.799 0.290
202506 0.139 322.561 0.144
202509 0.108 324.800 0.111
202512 0.097 324.054 0.100
202603 0.137 330.213 0.139
202606 0.136 333.952 0.136

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 DFNN (PHS:DFNN) Overvalued in 2026?

Based on GuruFocus' analysis, DFNN stock appears to be overvalued. The current stock price of ₱0.65 is trading 27.5% above its estimated GF Value™ of ₱0.51. GuruFocus considers DFNN to be Modestly Overvalued.

Key valuation signals for PHS:DFNN:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₱0.51 vs. price of ₱0.65 (27.5% above fair value)
  • GF Score™: 14/100 with 9 warning signs

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


DFNN Business Description

Address 5th Avenue corner 28th Street, L2-L5, 14th Floor, Bonifacio Global City, Philippine Stock Exchange Tower, Taguig, PHL, 1634
DFNN Inc engaged in the provision of information technology services to financial institutions, gaming companies and ecozones. The company's services are Systems Integration, Programming and Customization, Consultancy, Gaming Development. The company's software products are Electronic Payment Gateway, Online Remittance System. The company's operating segments are Software Solutions, Gaming Software, and LottoMatik. The company generates majority of revenue from Software Solutions segment. The Group operates in two geographical segments, the domestic operations and foreign operations.
14GF Score

Get the complete analysis for PHS:DFNN

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

₱0.65
Price
₱0.51
GF Value