Acceleware (TSXV:AXE) Cyclically Adjusted PS Ratio: 6.25 (As of Jul. 17, 2026) — 49% Above 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.

TSXV:AXE Acceleware Ltd TSXV:AXE
24 GF Score
Price C$0.13
GF Value C$0.02
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Acceleware Cyclically Adjusted PS Ratio?

Acceleware TSXV:AXE -3.85% 24 Cyclically Adjusted PS Ratio is 6.25 as of Jul. 17, 2026, which is 49% above its 10-year median of 4.20. GuruFocus rates TSXV:AXE with a GF Score™ of 24/100 and a GF Value™ of C$0.02 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,590 Software companies, Acceleware ranks worse than 82.77% on this metric.

As of today (2026-07-17), Acceleware's current share price is C$0.125. Acceleware's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$0.02. Acceleware's Cyclically Adjusted PS Ratio for today is 6.25.

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

TSXV:AXE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.25   Med: 4.2   Max: 26.67
Current: 6.23

During the past years, Acceleware's highest Cyclically Adjusted PS Ratio was 26.67. The lowest was 1.25. And the median was 4.20.

TSXV:AXE's Cyclically Adjusted PS Ratio is ranked worse than
82.77% of 1590 companies
in the Software industry
Industry Median: 1.665 vs TSXV:AXE: 6.23

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.

Acceleware's adjusted revenue per share data for the three months ended in Mar. 2026 was C$0.001. 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$0.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Acceleware  (TSXV:AXE) 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.


Acceleware Cyclically Adjusted PS Ratio Related Terms


Acceleware Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Acceleware'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.

Acceleware Cyclically Adjusted PS Ratio Chart

Acceleware 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 19.97 11.03 0.00 4.45 0.00

Acceleware 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 2.89 4.81 0.00 0.00 4.15

TSXV:AXE vs UBER, SHOP, CRM: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Acceleware'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.


Acceleware Cyclically Adjusted PS Ratio vs Software Industry

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

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


TSXV:AXE
24GF Score
Acceleware Ltd TSXV:AXE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Acceleware 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.

Acceleware's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.125/0.02
=6.25

* 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.

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

For example, Acceleware'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)
=0.001/132.2623*132.2623
=0.001

Current CPI (Mar. 2026) = 132.2623.

Acceleware Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.006 102.002 0.008
201609 0.006 101.765 0.008
201612 0.002 101.449 0.003
201703 0.006 102.634 0.008
201706 0.004 103.029 0.005
201709 0.003 103.345 0.004
201712 0.002 103.345 0.003
201803 0.002 105.004 0.003
201806 0.004 105.557 0.005
201809 0.003 105.636 0.004
201812 0.035 105.399 0.044
201903 0.009 106.979 0.011
201906 0.002 107.690 0.002
201909 0.002 107.611 0.002
201912 0.001 107.769 0.001
202003 0.001 107.927 0.001
202006 0.006 108.401 0.007
202009 0.001 108.164 0.001
202012 0.001 108.559 0.001
202103 0.003 110.298 0.004
202106 0.001 111.720 0.001
202109 0.003 112.905 0.004
202112 0.001 113.774 0.001
202203 0.001 117.646 0.001
202206 0.001 120.806 0.001
202209 0.000 120.648 0.000
202212 0.001 120.964 0.001
202303 0.001 122.702 0.001
202306 0.001 124.203 0.001
202309 0.001 125.230 0.001
202312 0.000 125.072 0.000
202403 0.000 126.258 0.000
202406 0.017 127.522 0.018
202409 0.011 127.285 0.011
202412 0.016 127.364 0.017
202503 0.004 129.181 0.004
202506 0.002 129.892 0.002
202509 0.000 130.287 0.000
202512 0.000 130.366 0.000
202603 0.001 132.262 0.001

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 6.25 mean?
Acceleware (TSXV:AXE) has a Cyclically Adjusted PS Ratio of 6.25 as of Jul. 17, 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 Acceleware and its competitors. This is 49% above median its historical median of 4.20. Over the past decade, Acceleware's Cyclically Adjusted PS Ratio has ranged from 1.25 to 26.67. According to the industry distribution chart, Acceleware ranks #1316 out of 1590 companies in the Software industry, placing it in the top 82.8%.
Is Acceleware's Cyclically Adjusted PS Ratio too high?
Acceleware's current Cyclically Adjusted PS Ratio of 6.25 is 49% above median its 10-year median of 4.20. Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 26.67. The Software industry median Cyclically Adjusted PS Ratio is 1.67. Acceleware's value of 6.25 is 275.4% above this industry median. Based on the distribution chart, Acceleware ranks #1316 out of 1590 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Acceleware has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Acceleware's Cyclically Adjusted PS Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Acceleware ranks #1316 out of 1590 companies for Cyclically Adjusted PS Ratio. This places Acceleware in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.67. Acceleware's value of 6.25 is 275.4% above this benchmark. Historically, Acceleware's own Cyclically Adjusted PS Ratio has ranged from 1.25 to 26.67 over the past decade. While the company's 10-year median is 4.20 vs. the industry median of 1.67, Acceleware 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 1,590 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. Acceleware's current Cyclically Adjusted PS Ratio of 6.25 is 275.4% 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 Acceleware 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. Acceleware's current Cyclically Adjusted PS Ratio is 6.25, which is 49% 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 Acceleware stock overvalued right now?
Based on GuruFocus' analysis, Acceleware (TSXV:AXE) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.02, compared to a current price of C$0.13 — trading 525% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.25, which is 49% above median its 10-year median of 4.20 and 275.4% above the Software industry median of 1.67. Acceleware's overall GF Score™ is 24/100 with 8 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 Acceleware (TSXV:AXE), the current Cyclically Adjusted PS Ratio is 6.25 as of Jul. 17, 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 Acceleware (TSXV:AXE) Overvalued in 2026?

Based on GuruFocus' analysis, Acceleware stock appears to be overvalued. The current stock price of C$0.13 is trading 525% above its estimated GF Value™ of C$0.02. GuruFocus considers Acceleware to be Significantly Overvalued.

Key valuation signals for TSXV:AXE:

  • Cyclically Adjusted PS Ratio: 6.25 (49% above median its 10-year median of 4.20)
  • GF Value™: C$0.02 vs. price of C$0.13 (525% above fair value)
  • GF Score™: 24/100 with 8 warning signs
  • Industry Position: 275.4% above the Software median (#1316 of 1590)

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


Acceleware Business Description

Other Exchanges ACWRF:USA
Address 1822 2nd Street SW, Suite 102, Calgary, AB, CAN, T2S 1R9
Acceleware Ltd is engaged in developing an enhanced heavy oil and oil sands production technology based on radio frequency (RF) heating that is designed to reduce the environmental impact of oil production while also reducing cost. That same RF heating technology is also being applied to the decarbonization of certain other industrial heating applications currently in development. Acceleware also specializes in the development and marketing of special purpose computational software products for the oil and gas and other markets. The company has one operating segment, RF Heating. Geographically, the company operates in USA and Canada. It derives maximum revenue from Canada.
24GF Score

Get the complete analysis for TSXV:AXE

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

C$0.13
Price
C$0.02
GF Value