Dassault Systemes SE (STU:DSYA) Cyclically Adjusted PS Ratio: 4.64 (As of Jul. 16, 2026) — 61% Below Median

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.
Reviewed by: Charlie Tian Charlie Tian
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.

STU:DSYA Dassault Systemes SE STU:DSYA
75 GF Score
Price €18.47
GF Value €35.61
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Dassault Systemes SE Cyclically Adjusted PS Ratio?

Dassault Systemes SE STU:DSYA +0.76% 75 Cyclically Adjusted PS Ratio is 4.64 as of Jul. 16, 2026, which is 61% below its 10-year median of 12.04. GuruFocus rates STU:DSYA with a GF Score™ of 75/100 and a GF Value™ of €35.61 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,589 Software companies, Dassault Systemes SE ranks worse than 75.39% on this metric.

As of today (2026-07-16), Dassault Systemes SE's current share price is €18.465. Dassault Systemes SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €3.98. Dassault Systemes SE's Cyclically Adjusted PS Ratio for today is 4.64.

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

STU:DSYA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.2   Med: 12.04   Max: 22.22
Current: 4.55

During the past years, Dassault Systemes SE's highest Cyclically Adjusted PS Ratio was 22.22. The lowest was 4.20. And the median was 12.04.

STU:DSYA's Cyclically Adjusted PS Ratio is ranked worse than
75.39% of 1589 companies
in the Software industry
Industry Median: 1.67 vs STU:DSYA: 4.55

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.

Dassault Systemes SE's adjusted revenue per share data for the three months ended in Mar. 2026 was €1.133. 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 €3.98 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dassault Systemes SE  (STU:DSYA) 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.


Dassault Systemes SE Cyclically Adjusted PS Ratio Related Terms


Dassault Systemes SE Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Dassault Systemes SE'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.

Dassault Systemes SE Cyclically Adjusted PS Ratio Chart

Dassault Systemes SE 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 20.03 11.13 13.10 9.12 6.10

Dassault Systemes SE 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 9.33 8.04 7.39 6.10 4.31

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

For the Software - Application subindustry, Dassault Systemes SE'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.


Dassault Systemes SE Cyclically Adjusted PS Ratio vs Software Industry

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

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


STU:DSYA
75GF Score
Dassault Systemes SE STU:DSYA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dassault Systemes SE 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.

Dassault Systemes SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.465/3.98
=4.64

* 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.

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

For example, Dassault Systemes SE'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)
=1.133/122.4200*122.4200
=1.133

Current CPI (Mar. 2026) = 122.4200.

Dassault Systemes SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.586 100.630 0.713
201609 0.571 100.340 0.697
201612 0.680 100.650 0.827
201703 0.591 101.170 0.715
201706 0.625 101.320 0.755
201709 0.581 101.330 0.702
201712 0.702 101.850 0.844
201803 0.631 102.750 0.752
201806 0.635 103.370 0.752
201809 0.617 103.560 0.729
201812 0.781 103.470 0.924
201903 0.736 103.890 0.867
201906 0.736 104.580 0.862
201909 0.701 104.500 0.821
201912 0.876 104.980 1.022
202003 0.862 104.590 1.009
202006 0.814 104.790 0.951
202009 0.782 104.550 0.916
202012 0.911 104.960 1.063
202103 0.887 105.750 1.027
202106 0.867 106.340 0.998
202109 0.874 106.810 1.002
202112 1.009 107.850 1.145
202203 1.011 110.490 1.120
202206 1.034 112.550 1.125
202209 1.039 112.740 1.128
202212 1.165 114.160 1.249
202303 1.081 116.790 1.133
202306 1.083 117.650 1.127
202309 1.074 118.260 1.112
202312 1.230 118.390 1.272
202403 1.127 119.470 1.155
202406 1.128 120.200 1.149
202409 1.106 119.560 1.132
202412 1.319 119.950 1.346
202503 1.181 120.380 1.201
202506 1.154 121.360 1.164
202509 1.100 120.950 1.113
202512 1.265 120.900 1.281
202603 1.133 122.420 1.133

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 4.64 mean?
Dassault Systemes SE (STU:DSYA) has a Cyclically Adjusted PS Ratio of 4.64 as of Jul. 16, 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 Dassault Systemes SE and its competitors. This is 61% below median its historical median of 12.04. Over the past decade, Dassault Systemes SE's Cyclically Adjusted PS Ratio has ranged from 4.20 to 22.22. According to the industry distribution chart, Dassault Systemes SE ranks #1198 out of 1589 companies in the Software industry, placing it in the top 75.4%.
Is Dassault Systemes SE's Cyclically Adjusted PS Ratio too high?
Dassault Systemes SE's current Cyclically Adjusted PS Ratio of 4.64 is 61% below median its 10-year median of 12.04. Over the past 10 years, this metric has ranged from a low of 4.20 to a high of 22.22. The Software industry median Cyclically Adjusted PS Ratio is 1.67. Dassault Systemes SE's value of 4.64 is 177.8% above this industry median. Based on the distribution chart, Dassault Systemes SE ranks #1198 out of 1589 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Dassault Systemes SE has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dassault Systemes SE's Cyclically Adjusted PS Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Dassault Systemes SE ranks #1198 out of 1589 companies for Cyclically Adjusted PS Ratio. This places Dassault Systemes SE in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.67. Dassault Systemes SE's value of 4.64 is 177.8% above this benchmark. Historically, Dassault Systemes SE's own Cyclically Adjusted PS Ratio has ranged from 4.20 to 22.22 over the past decade. While the company's 10-year median is 12.04 vs. the industry median of 1.67, Dassault Systemes SE 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 1.67, based on 1,589 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. Dassault Systemes SE's current Cyclically Adjusted PS Ratio of 4.64 is 177.8% 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 Dassault Systemes SE and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dassault Systemes SE's current Cyclically Adjusted PS Ratio is 4.64, which is 61% below median its own 10-year median of 12.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dassault Systemes SE stock overvalued right now?
Based on GuruFocus' analysis, Dassault Systemes SE (STU:DSYA) is currently considered Significantly Undervalued. The stock's GF Value™ is €35.61, compared to a current price of €18.47 — trading 48.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.64, which is 61% below median its 10-year median of 12.04 and 177.8% above the Software industry median of 1.67. Dassault Systemes SE's overall GF Score™ is 75/100 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 Dassault Systemes SE (STU:DSYA), the current Cyclically Adjusted PS Ratio is 4.64 as of Jul. 16, 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 Dassault Systemes SE (STU:DSYA) Overvalued in 2026?

Based on GuruFocus' analysis, Dassault Systemes SE stock appears to be undervalued. The current stock price of €18.47 is trading 48.1% below its estimated GF Value™ of €35.61. GuruFocus considers Dassault Systemes SE to be Significantly Undervalued.

Key valuation signals for STU:DSYA:

  • Cyclically Adjusted PS Ratio: 4.64 (61% below median its 10-year median of 12.04)
  • GF Value™: €35.61 vs. price of €18.47 (48.1% below fair value)
  • GF Score™: 75/100 with 1 warning sign
  • Industry Position: 177.8% above the Software median (#1198 of 1589)

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


Dassault Systemes SE Business Description

Address 10, Rue Marcel Dassault, Velizy-Villacoublay, FRA, 78140
Dassault Systèmes is a leading provider of computer-assisted design and product lifecycle management software, serving customers like Boeing and Volkswagen throughout the production process. The company's flagship product, Catia, primarily serves the transportation, industrial equipment, and aerospace and defense industries. In life sciences, Dassault's Medidata cloud platform optimizes clinical trial efficiency and is the leader in electronic data capture.
75GF Score

Get the complete analysis for STU:DSYA

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

€18.47
Price
€35.61
GF Value