Alithya Group (TSX:ALYA) Cyclically Adjusted PS Ratio: 0.19 (As of Jul. 14, 2026) — 21% Below Median

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TSX:ALYA Alithya Group Inc TSX:ALYA
59 GF Score
Price C$1.00
GF Value C$1.75
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Alithya Group Cyclically Adjusted PS Ratio?

Alithya Group TSX:ALYA 59 Cyclically Adjusted PS Ratio is 0.19 as of Jul. 14, 2026, which is 21% below its 10-year median of 0.24. GuruFocus rates TSX:ALYA with a GF Score™ of 59/100 and a GF Value™ of C$1.75 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,587 Software companies, Alithya Group ranks better than 91.81% on this metric.

As of today (2026-07-14), Alithya Group's current share price is C$1.00. Alithya Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was C$5.37. Alithya Group's Cyclically Adjusted PS Ratio for today is 0.19.

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

TSX:ALYA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.24   Max: 0.27
Current: 0.19

During the past 10 years, Alithya Group's highest Cyclically Adjusted PS Ratio was 0.27. The lowest was 0.18. And the median was 0.24.

TSX:ALYA's Cyclically Adjusted PS Ratio is ranked better than
91.81% of 1587 companies
in the Software industry
Industry Median: 1.65 vs TSX:ALYA: 0.19

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.

Alithya Group's adjusted revenue per share data of for the fiscal year that ended in Mar26 was C$4.878. 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 C$5.37 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alithya Group  (TSX:ALYA) 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.


Alithya Group Cyclically Adjusted PS Ratio Related Terms


Alithya Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Alithya 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.

Alithya Group Cyclically Adjusted PS Ratio Chart

Alithya Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.26

Alithya Group 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 0.00 0.00 0.00 0.00 0.26

TSX:ALYA vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Alithya 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.


Alithya Group Cyclically Adjusted PS Ratio vs Software Industry

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

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


TSX:ALYA
59GF Score
Alithya Group Inc TSX:ALYA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alithya 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.

Alithya Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.00/5.37
=0.19

* 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.

Alithya Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Alithya Group's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=4.878/132.2623*132.2623
=4.878

Current CPI (Mar26) = 132.2623.

Alithya Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 2.474 102.634 3.188
201803 3.403 105.004 4.286
201903 5.798 106.979 7.168
202003 4.947 107.927 6.062
202103 4.942 110.298 5.926
202203 5.134 117.646 5.772
202303 5.550 122.702 5.982
202403 5.141 126.258 5.386
202503 4.916 129.181 5.033
202603 4.878 132.262 4.878

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 0.19 mean?
Alithya Group (TSX:ALYA) has a Cyclically Adjusted PS Ratio of 0.19 as of Jul. 14, 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 Alithya Group and its competitors. This is 21% below median its historical median of 0.24. Over the past decade, Alithya Group's Cyclically Adjusted PS Ratio has ranged from 0.18 to 0.27. According to the industry distribution chart, Alithya Group ranks #130 out of 1587 companies in the Software industry, placing it in the top 8.2%.
Is Alithya Group's Cyclically Adjusted PS Ratio too high?
Alithya Group's current Cyclically Adjusted PS Ratio of 0.19 is 21% below median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.27. The Software industry median Cyclically Adjusted PS Ratio is 1.65. Alithya Group's value of 0.19 is 88.5% below this industry median. Based on the distribution chart, Alithya Group ranks #130 out of 1587 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Alithya Group has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alithya Group's Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Alithya Group ranks #130 out of 1587 companies for Cyclically Adjusted PS Ratio. This places Alithya Group in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.65. Alithya Group's value of 0.19 is 88.5% below this benchmark. Historically, Alithya Group's own Cyclically Adjusted PS Ratio has ranged from 0.18 to 0.27 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 1.65, Alithya Group 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 1,587 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. Alithya Group's current Cyclically Adjusted PS Ratio of 0.19 is 88.5% 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 Alithya Group 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. Alithya Group's current Cyclically Adjusted PS Ratio is 0.19, which is 21% below median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alithya Group stock overvalued right now?
Based on GuruFocus' analysis, Alithya Group (TSX:ALYA) is currently considered Possible Value Trap. The stock's GF Value™ is C$1.75, compared to a current price of C$1.00 — trading 42.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.19, which is 21% below median its 10-year median of 0.24 and 88.5% below the Software industry median of 1.65. Alithya Group's overall GF Score™ is 59/100 with 2 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 Alithya Group (TSX:ALYA), the current Cyclically Adjusted PS Ratio is 0.19 as of Jul. 14, 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 Alithya Group (TSX:ALYA) Overvalued in 2026?

Based on GuruFocus' analysis, Alithya Group stock appears to be undervalued. The current stock price of C$1.00 is trading 42.9% below its estimated GF Value™ of C$1.75. GuruFocus considers Alithya Group to be Possible Value Trap.

Key valuation signals for TSX:ALYA:

  • Cyclically Adjusted PS Ratio: 0.19 (21% below median its 10-year median of 0.24)
  • GF Value™: C$1.75 vs. price of C$1.00 (42.9% below fair value)
  • GF Score™: 59/100 with 2 warning signs
  • Industry Position: 88.5% below the Software median (#130 of 1587)

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


Alithya Group Business Description

Other Exchanges ALYAF:USA0QZ:Germany
Address 700, Rene-Levesque West Boulevard, Suite 400, Montreal, QC, CAN, H3B 1X8
Alithya Group Inc Group Inc is a professional services firm providing IT services and solutions through the optimal use of digital technologies in the areas of strategic consulting, enterprise transformation, and business enablement. The Company serves a large and diversified client base across various industries, including banks with high credit ratings, government agencies, telecommunications, and retail. The Company has three operating and reportable segments based on geography: U.S., Canada, and International, with the U.S. generating maximum revenue.
59GF Score

Get the complete analysis for TSX:ALYA

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

C$1.00
Price
C$1.75
GF Value