The Descartes Systems Group (STU:DC2) Cyclically Adjusted PS Ratio: 12.81 (As of Sep. 15, 2026) — 31% Below Median

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STU:DC2 The Descartes Systems Group Inc STU:DC2
94 GF Score
Price €69.20
GF Value €102.96
Valuation Significantly Undervalued
! 1 Warning Sign
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What is The Descartes Systems Group Cyclically Adjusted PS Ratio?

The Descartes Systems Group STU:DC2 +6.05% 94 Cyclically Adjusted PS Ratio is 12.81 as of Sep. 15, 2026, which is 31% below its 10-year median of 18.52. GuruFocus rates STU:DC2 with a GF Score™ of 94/100 and a GF Value™ of €102.96 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,600 Software companies, The Descartes Systems Group ranks worse than 93.75% on this metric.

As of today (2026-09-15), The Descartes Systems Group's current share price is €69.20. The Descartes Systems Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jul. 2026 was €5.40. The Descartes Systems Group's Cyclically Adjusted PS Ratio for today is 12.81.

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

STU:DC2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 11.74   Med: 18.52   Max: 27.49
Current: 13.04

During the past years, The Descartes Systems Group's highest Cyclically Adjusted PS Ratio was 27.49. The lowest was 11.74. And the median was 18.52.

STU:DC2's Cyclically Adjusted PS Ratio is ranked worse than
93.75% of 1600 companies
in the Software industry
Industry Median: 1.66 vs STU:DC2: 13.04

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.

The Descartes Systems Group's adjusted revenue per share data for the three months ended in Jul. 2026 was €2.003. 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 €5.40 for the trailing ten years ended in Jul. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Descartes Systems Group  (STU:DC2) 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.


The Descartes Systems Group Cyclically Adjusted PS Ratio Related Terms


The Descartes Systems Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for The Descartes Systems Group'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.

The Descartes Systems Group Cyclically Adjusted PS Ratio Chart

The Descartes Systems Group Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.23 19.26 20.74 25.05 12.57

The Descartes Systems Group Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 19.46 15.51 12.52 11.73 12.06

STU:DC2 vs CRM, SHOP, UBER: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, The Descartes Systems Group'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.


The Descartes Systems Group Cyclically Adjusted PS Ratio vs Software Industry

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

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


STU:DC2
94GF Score
The Descartes Systems Group Inc STU:DC2
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Descartes Systems Group 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.

The Descartes Systems Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=69.20/5.4
=12.81

* 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.

The Descartes Systems Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jul. 2026 is calculated as:

For example, The Descartes Systems Group's adjusted Revenue per Share data for the three months ended in Jul. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=2.003/134.2375*134.2375
=2.003

Current CPI (Jul. 2026) = 134.2375.

The Descartes Systems Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201610 0.604 102.002 0.795
201701 0.647 102.318 0.849
201704 0.666 103.029 0.868
201707 0.663 103.029 0.864
201710 0.677 103.424 0.879
201801 0.688 104.056 0.888
201804 0.701 105.320 0.893
201807 0.736 106.110 0.931
201810 0.778 105.952 0.986
201901 0.801 105.557 1.019
201904 0.882 107.453 1.102
201907 0.872 108.243 1.081
201910 0.879 107.927 1.093
202001 0.889 108.085 1.104
202004 0.895 107.216 1.121
202007 0.874 108.401 1.082
202010 0.864 108.638 1.068
202101 0.918 109.192 1.129
202104 0.959 110.851 1.161
202107 1.011 112.431 1.207
202110 1.077 113.695 1.272
202201 1.147 114.801 1.341
202204 1.220 118.357 1.384
202207 1.364 120.964 1.514
202210 1.410 121.517 1.558
202301 1.377 121.596 1.520
202304 1.460 123.571 1.586
202307 1.514 124.914 1.627
202310 1.555 125.310 1.666
202401 1.569 125.072 1.684
202404 1.610 126.890 1.703
202407 1.733 128.075 1.816
202410 1.756 127.838 1.844
202501 1.824 127.443 1.921
202504 1.784 129.102 1.855
202507 1.786 130.290 1.840
202510 1.836 130.603 1.887
202601 1.886 130.366 1.942
202604 1.895 132.736 1.916
202607 2.003 134.238 2.003

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 12.81 mean?
The Descartes Systems Group (STU:DC2) has a Cyclically Adjusted PS Ratio of 12.81 as of Sep. 15, 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 The Descartes Systems Group and its competitors. This is 31% below median its historical median of 18.52. Over the past decade, The Descartes Systems Group's Cyclically Adjusted PS Ratio has ranged from 11.74 to 27.49. According to the industry distribution chart, The Descartes Systems Group ranks #1500 out of 1600 companies in the Software industry, placing it in the top 93.7%.
Is The Descartes Systems Group's Cyclically Adjusted PS Ratio too high?
The Descartes Systems Group's current Cyclically Adjusted PS Ratio of 12.81 is 31% below median its 10-year median of 18.52. Over the past 10 years, this metric has ranged from a low of 11.74 to a high of 27.49. The Software industry median Cyclically Adjusted PS Ratio is 1.66. The Descartes Systems Group's value of 12.81 is 671.7% above this industry median. Based on the distribution chart, The Descartes Systems Group ranks #1500 out of 1600 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, The Descartes Systems Group has a GF Score™ of 94/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Descartes Systems Group's Cyclically Adjusted PS Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, The Descartes Systems Group ranks #1500 out of 1600 companies for Cyclically Adjusted PS Ratio. This places The Descartes Systems Group in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.66. The Descartes Systems Group's value of 12.81 is 671.7% above this benchmark. Historically, The Descartes Systems Group's own Cyclically Adjusted PS Ratio has ranged from 11.74 to 27.49 over the past decade. While the company's 10-year median is 18.52 vs. the industry median of 1.66, The Descartes Systems Group 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 1.66, based on 1,600 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. The Descartes Systems Group's current Cyclically Adjusted PS Ratio of 12.81 is 671.7% 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 The Descartes Systems Group and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Descartes Systems Group's current Cyclically Adjusted PS Ratio is 12.81, which is 31% below median its own 10-year median of 18.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Descartes Systems Group stock overvalued right now?
Based on GuruFocus' analysis, The Descartes Systems Group (STU:DC2) is currently considered Significantly Undervalued. The stock's GF Value™ is €102.96, compared to a current price of €69.20 — trading 32.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 12.81, which is 31% below median its 10-year median of 18.52 and 671.7% above the Software industry median of 1.66. The Descartes Systems Group's overall GF Score™ is 94/100 with 1 warning sign 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 The Descartes Systems Group (STU:DC2), the current Cyclically Adjusted PS Ratio is 12.81 as of Sep. 15, 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 The Descartes Systems Group (STU:DC2) Overvalued in 2026?

Based on GuruFocus' analysis, The Descartes Systems Group stock appears to be undervalued. The current stock price of €69.20 is trading 32.8% below its estimated GF Value™ of €102.96. GuruFocus considers The Descartes Systems Group to be Significantly Undervalued.

Key valuation signals for STU:DC2:

  • Cyclically Adjusted PS Ratio: 12.81 (31% below median its 10-year median of 18.52)
  • GF Value™: €102.96 vs. price of €69.20 (32.8% below fair value)
  • GF Score™: 94/100 with 1 warning sign
  • Industry Position: 671.7% above the Software median (#1500 of 1600)

No single metric tells the full story. See the STU:DC2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Descartes Systems Group Business Description

Other Exchanges DSGX:USADSG:Canada
Address 120 Randall Drive, Waterloo, ON, CAN, N2V 1C6
Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. Its core product is the Global Logistics Network, which is best understood as transaction-driven. Descartes charges clients to send/receive messages, data, and documents on the GLN. Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.
94GF Score

Get the complete analysis for STU:DC2

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

€69.20
Price
€102.96
GF Value