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Infosys (WBO:IOY) Cyclically Adjusted PS Ratio : 5.50 (As of Apr. 30, 2024)


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What is Infosys Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Infosys's current share price is €15.90. Infosys's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €2.89. Infosys's Cyclically Adjusted PS Ratio for today is 5.50.

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

WBO:IOY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.64   Med: 5.7   Max: 9.53
Current: 5.39

During the past years, Infosys's highest Cyclically Adjusted PS Ratio was 9.53. The lowest was 3.64. And the median was 5.70.

WBO:IOY's Cyclically Adjusted PS Ratio is ranked worse than
78.59% of 1420 companies
in the Software industry
Industry Median: 1.865 vs WBO:IOY: 5.39

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.

Infosys's adjusted revenue per share data for the three months ended in Dec. 2023 was €1.053. 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 €2.89 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Infosys Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Infosys'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.

* Premium members only.

Infosys Cyclically Adjusted PS Ratio Chart

Infosys Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.98 7.49 9.15 5.94 -

Infosys Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.94 5.33 5.58 5.82 -

Competitive Comparison of Infosys's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Infosys'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.


Infosys's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Infosys 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.90/2.89
=5.50

* 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.

Infosys's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Infosys's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.053/153.2548*153.2548
=1.053

Current CPI (Dec. 2023) = 153.2548.

Infosys Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.294 91.425 0.493
201406 0.345 94.103 0.562
201409 0.378 96.780 0.599
201412 0.398 96.780 0.630
201503 0.418 97.163 0.659
201506 0.439 99.841 0.674
201509 0.464 101.753 0.699
201512 0.483 102.901 0.719
201603 0.475 102.518 0.710
201606 0.488 105.961 0.706
201609 0.505 105.961 0.730
201612 0.530 105.196 0.772
201703 0.443 105.196 0.645
201706 0.519 107.109 0.743
201709 0.507 109.021 0.713
201712 0.508 109.404 0.712
201803 0.552 109.786 0.771
201806 0.565 111.317 0.778
201809 0.577 115.142 0.768
201812 0.596 115.142 0.793
201903 0.609 118.202 0.790
201906 0.643 120.880 0.815
201909 0.677 123.175 0.842
201912 0.703 126.235 0.853
202003 0.781 124.705 0.960
202006 0.646 127.000 0.780
202009 0.667 130.118 0.786
202012 0.678 130.889 0.794
202103 0.719 131.771 0.836
202106 0.745 134.084 0.852
202109 0.795 135.847 0.897
202112 0.884 138.161 0.981
202203 0.968 138.822 1.069
202206 0.986 142.347 1.062
202209 1.112 144.661 1.178
202212 1.048 145.763 1.102
202303 1.013 146.865 1.057
202306 0.999 150.280 1.019
202309 1.069 151.492 1.081
202312 1.053 153.255 1.053

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.


Infosys  (WBO:IOY) 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.


Infosys Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Infosys's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Infosys (WBO:IOY) Business Description

Industry
Address
44, Infosys Avenue, Hosur Road, Electronics City, Bengaluru, KA, IND, 560 100
Infosys is a leading global IT services provider, with nearly 250,000 employees. Based in Bangalore, the Indian IT services firm leverages its offshore outsourcing model to derive 60% of its revenue from North America. The company offers traditional IT services offerings: consulting, managed services and cloud infrastructure services, and business process outsourcing as a service (BPaaS).

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