Talex (WAR:TLX) Cyclically Adjusted PS Ratio: 0.41 (As of Jul. 23, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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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.

WAR:TLX Talex SA WAR:TLX
65 GF Score
Price zł17.50
GF Value zł30.32
Valuation Significantly Undervalued
View Full Analysis

What is Talex Cyclically Adjusted PS Ratio?

Talex WAR:TLX -1.13% 65 Cyclically Adjusted PS Ratio is 0.41 as of Jul. 23, 2026, which is 5% above its 10-year median of 0.39. GuruFocus rates WAR:TLX with a GF Score™ of 65/100 and a GF Value™ of zł30.32 (Significantly Undervalued). Among 1,592 Software companies, Talex ranks better than 82.54% on this metric.

As of today (2026-07-23), Talex's current share price is zł17.50. Talex's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was zł42.54. Talex's Cyclically Adjusted PS Ratio for today is 0.41.

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

WAR:TLX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.39   Max: 0.56
Current: 0.42

During the past years, Talex's highest Cyclically Adjusted PS Ratio was 0.56. The lowest was 0.26. And the median was 0.39.

WAR:TLX's Cyclically Adjusted PS Ratio is ranked better than
82.54% of 1592 companies
in the Software industry
Industry Median: 1.625 vs WAR:TLX: 0.42

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.

Talex's adjusted revenue per share data for the three months ended in Mar. 2026 was zł5.648. 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 zł42.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Talex  (WAR:TLX) 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.


Talex Cyclically Adjusted PS Ratio Related Terms


Talex Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Talex'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.

Talex Cyclically Adjusted PS Ratio Chart

Talex 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 0.34 0.40 0.38 0.44 0.47

Talex 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 0.52 0.49 0.44 0.47 0.44

WAR:TLX vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Talex'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.


Talex Cyclically Adjusted PS Ratio vs Software Industry

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

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


WAR:TLX
65GF Score
Talex SA WAR:TLX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Talex 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.50/42.54
=0.41

* 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.

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

For example, Talex'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)
=5.648/163.0700*163.0700
=5.648

Current CPI (Mar. 2026) = 163.0700.

Talex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.761 99.552 11.075
201609 7.466 99.064 12.290
201612 15.720 100.366 25.541
201703 6.584 101.018 10.628
201706 8.947 101.180 14.420
201709 7.815 101.343 12.575
201712 12.638 102.564 20.094
201803 7.349 102.564 11.684
201806 6.828 103.378 10.771
201809 8.455 103.378 13.337
201812 8.958 103.785 14.075
201903 7.685 104.274 12.018
201906 6.686 105.983 10.287
201909 6.954 105.983 10.700
201912 8.279 107.123 12.603
202003 7.062 109.076 10.558
202006 7.114 109.402 10.604
202009 8.609 109.320 12.842
202012 9.535 109.565 14.191
202103 6.252 112.658 9.050
202106 5.796 113.960 8.294
202109 6.167 115.588 8.700
202112 6.217 119.088 8.513
202203 6.612 125.031 8.624
202206 5.725 131.705 7.088
202209 6.488 135.531 7.806
202212 8.382 139.113 9.826
202303 6.113 145.950 6.830
202306 6.508 147.009 7.219
202309 5.970 146.113 6.663
202312 8.891 147.741 9.813
202403 5.393 149.044 5.901
202406 5.565 150.997 6.010
202409 6.216 153.439 6.606
202412 7.014 154.660 7.395
202503 5.065 157.021 5.260
202506 10.967 157.509 11.354
202509 13.756 158.000 14.197
202512 13.847 158.320 14.262
202603 5.648 163.070 5.648

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 0.41 mean?
Talex (WAR:TLX) has a Cyclically Adjusted PS Ratio of 0.41 as of Jul. 23, 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 Talex and its competitors. This is near median its historical median of 0.39. Over the past decade, Talex's Cyclically Adjusted PS Ratio has ranged from 0.26 to 0.56. According to the industry distribution chart, Talex ranks #278 out of 1592 companies in the Software industry, placing it in the top 17.5%.
Is Talex's Cyclically Adjusted PS Ratio too high?
Talex's current Cyclically Adjusted PS Ratio of 0.41 is near median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 0.56. The Software industry median Cyclically Adjusted PS Ratio is 1.63. Talex's value of 0.41 is 74.8% below this industry median. Based on the distribution chart, Talex ranks #278 out of 1592 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Talex has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Talex's Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Talex ranks #278 out of 1592 companies for Cyclically Adjusted PS Ratio. This places Talex in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.63. Talex's value of 0.41 is 74.8% below this benchmark. Historically, Talex's own Cyclically Adjusted PS Ratio has ranged from 0.26 to 0.56 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 1.63, Talex 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 1.63, based on 1,592 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. Talex's current Cyclically Adjusted PS Ratio of 0.41 is 74.8% 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 Talex and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Talex's current Cyclically Adjusted PS Ratio is 0.41, which is near median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Talex stock overvalued right now?
Based on GuruFocus' analysis, Talex (WAR:TLX) is currently considered Significantly Undervalued. The stock's GF Value™ is zł30.32, compared to a current price of zł17.50 — trading 42.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.41, which is near median its 10-year median of 0.39 and 74.8% below the Software industry median of 1.63. Talex's overall GF Score™ is 65/100. 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 Talex (WAR:TLX), the current Cyclically Adjusted PS Ratio is 0.41 as of Jul. 23, 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 Talex (WAR:TLX) Overvalued in 2026?

Based on GuruFocus' analysis, Talex stock appears to be undervalued. The current stock price of zł17.50 is trading 42.3% below its estimated GF Value™ of zł30.32. GuruFocus considers Talex to be Significantly Undervalued.

Key valuation signals for WAR:TLX:

  • Cyclically Adjusted PS Ratio: 0.41 (near median its 10-year median of 0.39)
  • GF Value™: zł30.32 vs. price of zł17.50 (42.3% below fair value)
  • GF Score™: 65/100
  • Industry Position: 74.8% below the Software median (#278 of 1592)

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


Talex Business Description

Address Street ul Karpia 27d, Poznan, POL, 61 619
Talex SA provides IT services and solutions for small and medium-sized businesses in Poland. The company focuses on the integration of ICT systems, IT outsourcing, and software development activities. It provides various services such as Business Management, Datacenter, Outsourcing IT, and others. The company generates a majority of its revenue from the installation and IT environment maintenance services followed by Datacenter services.
65GF Score

Get the complete analysis for WAR:TLX

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

zł17.50
Price
zł30.32
GF Value