Wipro (WIT) Cyclically Adjusted PS Ratio: 2.10 (As of Jul. 13, 2026) — 34% Below Median


WIT Wipro Ltd WIT
86 GF Score
Price $1.87
GF Value $2.89
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Wipro Cyclically Adjusted PS Ratio?

Wipro WIT +1.08% 86 Cyclically Adjusted PS Ratio is 2.10 as of Jul. 13, 2026, which is 34% below its 10-year median of 3.16. GuruFocus rates WIT with a GF Score™ of 86/100 and a GF Value™ of $2.89 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,588 Software companies, Wipro ranks worse than 57.75% on this metric.

As of today (2026-07-13), Wipro's current share price is $1.87. Wipro's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $0.89. Wipro's Cyclically Adjusted PS Ratio for today is 2.10.

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

WIT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.91   Med: 3.16   Max: 6.63
Current: 2.23

During the past years, Wipro's highest Cyclically Adjusted PS Ratio was 6.63. The lowest was 1.91. And the median was 3.16.

WIT's Cyclically Adjusted PS Ratio is ranked worse than
57.75% of 1588 companies
in the Software industry
Industry Median: 1.655 vs WIT: 2.23

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.

Wipro's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.248. 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 $0.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wipro  (NYSE:WIT) 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.


Wipro Cyclically Adjusted PS Ratio Related Terms


Wipro Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Wipro'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.

Wipro Cyclically Adjusted PS Ratio Chart

Wipro 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 5.26 2.91 3.51 3.59 2.38

Wipro 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 3.59 3.56 3.13 3.39 2.38

WIT vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Wipro'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.


Wipro Cyclically Adjusted PS Ratio vs Software Industry

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

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


WIT
86GF Score
Wipro Ltd WIT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Wipro 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.87/0.89
=2.10

* 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.

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

For example, Wipro'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)
=0.248/164.2724*164.2724
=0.248

Current CPI (Mar. 2026) = 164.2724.

Wipro Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.154 105.961 0.239
201609 0.159 105.961 0.246
201612 0.156 105.196 0.244
201703 0.164 105.196 0.256
201706 0.163 107.109 0.250
201709 0.161 109.021 0.243
201712 0.166 109.404 0.249
201803 0.176 109.786 0.263
201806 0.171 111.317 0.252
201809 0.167 115.142 0.238
201812 0.177 115.142 0.253
201903 0.179 118.202 0.249
201906 0.176 120.880 0.239
201909 0.178 123.175 0.237
201912 0.191 126.235 0.249
202003 0.184 124.705 0.242
202006 0.173 127.000 0.224
202009 0.180 130.118 0.227
202012 0.185 130.889 0.232
202103 0.202 131.771 0.252
202106 0.226 134.084 0.277
202109 0.244 135.847 0.295
202112 0.246 138.161 0.292
202203 0.249 138.822 0.295
202206 0.251 142.347 0.290
202209 0.256 144.661 0.291
202212 0.257 145.763 0.290
202303 0.257 146.865 0.287
202306 0.248 150.280 0.271
202309 0.258 151.492 0.280
202312 0.255 152.924 0.274
202403 0.255 153.035 0.274
202406 0.251 155.789 0.265
202409 0.254 157.882 0.264
202412 0.251 158.323 0.260
202503 0.247 157.552 0.258
202506 0.246 159.755 0.253
202509 0.245 162.289 0.248
202512 0.249 163.281 0.251
202603 0.248 164.272 0.248

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 2.10 mean?
Wipro (WIT) has a Cyclically Adjusted PS Ratio of 2.10 as of Jul. 13, 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 Wipro and its competitors. This is 34% below median its historical median of 3.16. Over the past decade, Wipro's Cyclically Adjusted PS Ratio has ranged from 1.91 to 6.63. According to the industry distribution chart, Wipro ranks #917 out of 1588 companies in the Software industry, placing it in the top 57.7%.
Is Wipro's Cyclically Adjusted PS Ratio too high?
Wipro's current Cyclically Adjusted PS Ratio of 2.10 is 34% below median its 10-year median of 3.16. Over the past 10 years, this metric has ranged from a low of 1.91 to a high of 6.63. The Software industry median Cyclically Adjusted PS Ratio is 1.66. Wipro's value of 2.10 is 26.9% above this industry median. Based on the distribution chart, Wipro ranks #917 out of 1588 companies in the Software industry, which is below the industry midpoint. Overall, Wipro has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wipro's Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Wipro ranks #917 out of 1588 companies for Cyclically Adjusted PS Ratio. This places Wipro in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.66. Wipro's value of 2.10 is 26.9% above this benchmark. Historically, Wipro's own Cyclically Adjusted PS Ratio has ranged from 1.91 to 6.63 over the past decade. While the company's 10-year median is 3.16 vs. the industry median of 1.66, Wipro 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 1.66, based on 1,588 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. Wipro's current Cyclically Adjusted PS Ratio of 2.10 is 26.9% 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 Wipro and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wipro's current Cyclically Adjusted PS Ratio is 2.10, which is 34% below median its own 10-year median of 3.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wipro stock overvalued right now?
Based on GuruFocus' analysis, Wipro (WIT) is currently considered Significantly Undervalued. The stock's GF Value™ is $2.89, compared to a current price of $1.87 — trading 35.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.10, which is 34% below median its 10-year median of 3.16 and 26.9% above the Software industry median of 1.66. Wipro's overall GF Score™ is 86/100 with 3 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 Wipro (WIT), the current Cyclically Adjusted PS Ratio is 2.10 as of Jul. 13, 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 Wipro (WIT) Overvalued in 2026?

Based on GuruFocus' analysis, Wipro stock appears to be undervalued. The current stock price of $1.87 is trading 35.3% below its estimated GF Value™ of $2.89. GuruFocus considers Wipro to be Significantly Undervalued.

Key valuation signals for WIT:

  • Cyclically Adjusted PS Ratio: 2.10 (34% below median its 10-year median of 3.16)
  • GF Value™: $2.89 vs. price of $1.87 (35.3% below fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 26.9% above the Software median (#917 of 1588)

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


Wipro Business Description

Address Sarjapur Road, Doddakannelli, Bangalore, KA, IND, 560035
Wipro is a multinational IT services provider based in Bengaluru, India. The company pivoted into the IT space in the 1980s and grew into one of the largest Indian IT consulting companies during the dot-com boom. Nowadays, Wipro leverages its offshore outsourcing model to derive a significant portion of its revenue from North America and Europe.
86GF Score

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

$1.87
Price
$2.89
GF Value