Indra Sistemas (XMAD:IDR) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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XMAD:IDR Indra Sistemas SA XMAD:IDR
83 GF Score
Price €61.80
GF Value €31.80
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Indra Sistemas Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indra Sistemas  (XMAD:IDR) 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.


Indra Sistemas Cyclically Adjusted PS Ratio Related Terms


Indra Sistemas Cyclically Adjusted PS Ratio Historical Data

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The historical data trend for Indra Sistemas'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.

Indra Sistemas Cyclically Adjusted PS Ratio Chart

Indra Sistemas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
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Indra Sistemas Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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XMAD:IDR vs IBM, ACN, CTSH: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Indra Sistemas'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.


Indra Sistemas Cyclically Adjusted PS Ratio vs Software Industry

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

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


XMAD:IDR
83GF Score
Indra Sistemas SA XMAD:IDR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indra Sistemas 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.

Indra Sistemas's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Indra Sistemas's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=10.532/131.3300*131.3300
=10.532

Current CPI (Jun. 2026) = 131.3300.

Indra Sistemas Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 4.678 101.306 6.064
201403 4.012 100.139 5.262
201409 3.373 100.441 4.410
201503 3.872 99.474 5.112
201509 4.031 99.559 5.317
201603 3.467 98.638 4.616
201803 4.056 102.122 5.216
201806 3.662 104.165 4.617
201809 3.474 103.818 4.395
201812 4.647 104.193 5.857
201903 3.804 103.488 4.827
201906 4.191 104.612 5.261
201909 3.833 103.905 4.845
201912 4.738 105.015 5.925
202003 3.800 103.469 4.823
202006 4.248 104.254 5.351
202009 3.789 103.521 4.807
202012 5.055 104.456 6.356
202103 3.890 104.857 4.872
202106 4.642 107.102 5.692
202109 4.230 107.669 5.160
202112 5.336 111.298 6.296
202203 4.411 115.153 5.031
202206 5.405 118.044 6.013
202209 4.599 117.221 5.153
202212 5.985 117.650 6.681
202303 4.745 118.948 5.239
202306 5.666 120.278 6.187
202309 5.218 121.343 5.647
202312 7.434 121.300 8.049
202403 6.419 122.762 6.867
202406 6.725 124.409 7.099
202409 6.213 123.121 6.627
202412 8.196 124.753 8.628
202503 6.621 125.531 6.927
202506 7.316 127.251 7.551
202509 6.621 126.840 6.855
202512 10.529 128.400 10.769
202603 7.595 129.860 7.681
202606 10.532 131.330 10.532

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.

Is Indra Sistemas (XMAD:IDR) Overvalued in 2026?

Based on GuruFocus' analysis, Indra Sistemas stock appears to be overvalued. The current stock price of €61.80 is trading 94.3% above its estimated GF Value™ of €31.80. GuruFocus considers Indra Sistemas to be Significantly Overvalued.

Key valuation signals for XMAD:IDR:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €31.80 vs. price of €61.80 (94.3% above fair value)
  • GF Score™: 83/100 with 6 warning signs

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


Indra Sistemas Business Description

Address Avenida de Bruselas, 35, Alcobendas, Madrid, ESP, 28108
Indra Sistemas SA is a Spain-based provider of information technology offerings for finance, insurance, public administration, airports, defense, healthcare, media, telecom, security, energy, and infrastructure end markets. Its product capabilities include analytics, cloud computing, enterprise resource planning, networks and communications, electoral processes, bus technology, subway technology, and sustainability solutions. The firm generates revenue in Europe, Africa, the Middle East, the Americas, and Asia-Pacific.
83GF Score

Get the complete analysis for XMAD:IDR

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

€61.80
Price
€31.80
GF Value