SPNS (Sapiens International NV) Cyclically Adjusted PS Ratio: 5.05 (As of Aug. 02, 2026) — 20% Above Median

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SPNS Sapiens International Corp NV SPNS
75 GF Score
Price $43.45
GF Value $31.47
! 5 Warning Signs
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What is Sapiens International NV Cyclically Adjusted PS Ratio?

Sapiens International NV SPNS 75 Cyclically Adjusted PS Ratio is 5.05 as of Aug. 02, 2026, which is 20% above its 10-year median of 4.20. GuruFocus rates SPNS with a GF Score™ of 75/100 and a GF Value™ of $31.47. The stock has 5 warning signs investors should review.

As of today (2026-08-02), Sapiens International NV's current share price is $43.45. Sapiens International NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 was $8.60. Sapiens International NV's Cyclically Adjusted PS Ratio for today is 5.05.

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

SPNS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.39   Med: 4.2   Max: 7.64
Current: 5.05

During the past years, Sapiens International NV's highest Cyclically Adjusted PS Ratio was 7.64. The lowest was 2.39. And the median was 4.20.

SPNS's Cyclically Adjusted PS Ratio is not ranked
in the Software industry.
Industry Median: 1.645 vs SPNS: 5.05

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.

Sapiens International NV's adjusted revenue per share data for the three months ended in Sep. 2025 was $2.699. 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 $8.60 for the trailing ten years ended in Sep. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sapiens International NV  (NAS:SPNS) 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.


Sapiens International NV Cyclically Adjusted PS Ratio Related Terms


Sapiens International NV Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sapiens International NV'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.

Sapiens International NV Cyclically Adjusted PS Ratio Chart

Sapiens International NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.47 6.12 2.84 4.00 3.37

Sapiens International NV Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 4.75 3.37 3.30 3.48 5.00

SPNS vs ALKT, VIA, PLUS: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Sapiens International NV'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.


Sapiens International NV Cyclically Adjusted PS Ratio vs Software Industry

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

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


SPNS
75GF Score
Sapiens International Corp NV SPNS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sapiens International NV 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.

Sapiens International NV's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=43.45/8.60
=5.05

* 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.

Sapiens International NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 is calculated as:

For example, Sapiens International NV's adjusted Revenue per Share data for the three months ended in Sep. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=2.699/324.8000*324.8000
=2.699

Current CPI (Sep. 2025) = 324.8000.

Sapiens International NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.982 236.525 1.348
201603 1.000 238.132 1.364
201606 1.066 241.018 1.437
201609 1.133 241.428 1.524
201612 1.143 241.432 1.538
201703 1.131 243.801 1.507
201706 1.406 244.955 1.864
201709 1.481 246.819 1.949
201712 1.392 246.524 1.834
201803 1.420 249.554 1.848
201806 1.443 251.989 1.860
201809 1.461 252.439 1.880
201812 1.451 251.233 1.876
201903 1.526 254.202 1.950
201906 1.574 256.143 1.996
201909 1.629 256.759 2.061
201912 1.700 256.974 2.149
202003 1.772 258.115 2.230
202006 1.819 257.797 2.292
202009 1.893 260.280 2.362
202012 1.855 260.474 2.313
202103 1.972 264.877 2.418
202106 2.060 271.696 2.463
202109 2.119 274.310 2.509
202112 2.142 278.802 2.495
202203 2.116 287.504 2.390
202206 2.134 296.311 2.339
202209 2.141 296.808 2.343
202212 2.153 296.797 2.356
202303 2.244 301.836 2.415
202306 2.308 305.109 2.457
202309 2.342 307.789 2.471
202312 2.340 306.746 2.478
202403 2.398 312.332 2.494
202406 2.436 314.175 2.518
202409 2.433 315.301 2.506
202412 2.391 315.605 2.461
202503 2.430 319.799 2.468
202506 2.525 322.561 2.543
202509 2.699 324.800 2.699

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 5.05 mean?
Sapiens International NV (SPNS) has a Cyclically Adjusted PS Ratio of 5.05 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 Sapiens International NV and its competitors. This is 20% above median its historical median of 4.20. Over the past decade, Sapiens International NV's Cyclically Adjusted PS Ratio has ranged from 2.39 to 7.64.
Is Sapiens International NV's Cyclically Adjusted PS Ratio too high?
Sapiens International NV's current Cyclically Adjusted PS Ratio of 5.05 is 20% above median its 10-year median of 4.20. Over the past 10 years, this metric has ranged from a low of 2.39 to a high of 7.64. The Software industry median Cyclically Adjusted PS Ratio is 1.65. Sapiens International NV's value of 5.05 is 207% above this industry median. Overall, Sapiens International NV has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Sapiens International NV's Cyclically Adjusted PS Ratio compare to ALKT and VIA?
Sapiens International NV's Cyclically Adjusted PS Ratio of 5.05 can be compared against companies in the Software industry. The industry median Cyclically Adjusted PS Ratio is 1.65. Sapiens International NV's value of 5.05 is 207% above this benchmark. Historically, Sapiens International NV's own Cyclically Adjusted PS Ratio has ranged from 2.39 to 7.64 over the past decade. While the company's 10-year median is 4.20 vs. the industry median of 1.65, Sapiens International NV 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 1.65, 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. Sapiens International NV's current Cyclically Adjusted PS Ratio of 5.05 is 207% 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 Sapiens International NV 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. Sapiens International NV's current Cyclically Adjusted PS Ratio is 5.05, which is 20% above median its own 10-year median of 4.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sapiens International NV stock overvalued right now?
Sapiens International NV (SPNS) has a current Cyclically Adjusted PS Ratio of 5.05. The stock's GF Value™ is $31.47, compared to a current price of $43.45 — trading 38.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.05, which is 20% above median its 10-year median of 4.20 and 207% above the Software industry median of 1.65. Sapiens International NV's overall GF Score™ is 75/100 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 Sapiens International NV (SPNS), the current Cyclically Adjusted PS Ratio is 5.05 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 Sapiens International NV (SPNS) Overvalued in 2026?

Based on GuruFocus' analysis, Sapiens International NV stock appears to be overvalued. The current stock price of $43.45 is trading 38.1% above its estimated GF Value™ of $31.47.

Key valuation signals for SPNS:

  • Cyclically Adjusted PS Ratio: 5.05 (20% above median its 10-year median of 4.20)
  • GF Value™: $31.47 vs. price of $43.45 (38.1% above fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 207% above the Software median

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


Sapiens International NV Business Description

Address 26 Harokmim Street, Azrieli Center, Holon, ISR, 5885800
Sapiens International Corp NV is a provider of software solutions for the insurance industry, with an emerging focus on the financial services sector. The company offers software, solutions, and professional services for property & casualty (P&C); reinsurance; life, pension & annuity (L&A); workers' compensation (WC); medical professional liability (MPL); financial & compliance (F&C); and decision modeling for both insurance and financial markets. The group also provides services for project delivery and implementation services, for its Software Solutions portfolio. Geographically, it operates in the region of North America, Rest of the World, and Europe. It generates revenue from Europe.
75GF 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.

$43.45
Price
$31.47
GF Value