Ramco Systems (NSE:RAMCOSYS) Cyclically Adjusted Revenue per Share: ₹212.39 (As of Mar. 2026)


NSE:RAMCOSYS Ramco Systems Ltd NSE:RAMCOSYS
56 GF Score
Price ₹795.30
GF Value ₹458.92
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Ramco Systems Cyclically Adjusted Revenue per Share?

Ramco Systems NSE:RAMCOSYS -4.87% 56 Cyclically Adjusted Revenue per Share is ₹212.39 as of Mar. 2026. GuruFocus rates NSE:RAMCOSYS with a GF Score™ of 56/100 and a GF Value™ of ₹458.92 (Significantly Overvalued). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Ramco Systems's adjusted revenue per share for the three months ended in Mar. 2026 was ₹49.435. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ₹212.39 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ramco Systems's average Cyclically Adjusted Revenue Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Ramco Systems was 1.20% per year. The lowest was -0.40% per year. And the median was -0.30% per year.

As of today (2026-07-01), Ramco Systems's current stock price is ₹795.30. Ramco Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹212.39. Ramco Systems's Cyclically Adjusted PS Ratio of today is 3.74.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ramco Systems was 3.54. The lowest was 0.89. And the median was 1.82.


Ramco Systems  (NSE:RAMCOSYS) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Ramco Systems's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=795.30/212.39
=3.74

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ramco Systems was 3.54. The lowest was 0.89. And the median was 1.82.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Ramco Systems Cyclically Adjusted Revenue per Share Related Terms


Ramco Systems Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Ramco Systems's Cyclically Adjusted Revenue per Share 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.

Ramco Systems Cyclically Adjusted Revenue per Share Chart

Ramco Systems Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 211.16 215.64 211.59 208.26 212.39

Ramco Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 208.26 209.93 211.85 212.68 212.39

NSE:RAMCOSYS vs UBER, SHOP, CRM: Cyclically Adjusted Revenue per Share Comparison

For the Software - Application subindustry, Ramco Systems'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.


Ramco Systems Cyclically Adjusted PS Ratio vs Software Industry

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

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


NSE:RAMCOSYS
56GF Score
Ramco Systems Ltd NSE:RAMCOSYS
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ramco Systems Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Ramco Systems'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)
=49.435/164.2724*164.2724
=49.435

Current CPI (Mar. 2026) = 164.2724.

Ramco Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 35.336 105.961 54.782
201609 37.623 105.961 58.327
201612 37.681 105.196 58.842
201703 37.880 105.196 59.153
201706 36.212 107.109 55.538
201709 37.895 109.021 57.100
201712 41.178 109.404 61.830
201803 38.847 109.786 58.126
201806 41.191 111.317 60.787
201809 43.073 115.142 61.452
201812 46.862 115.142 66.858
201903 46.287 118.202 64.328
201906 45.593 120.880 61.960
201909 48.831 123.175 65.123
201912 48.107 126.235 62.603
202003 43.361 124.705 57.119
202006 47.410 127.000 61.324
202009 52.209 130.118 65.913
202012 55.942 130.889 70.210
202103 48.848 131.771 60.897
202106 45.794 134.084 56.104
202109 45.813 135.847 55.399
202112 41.028 138.161 48.782
202203 40.270 138.822 47.653
202206 38.919 142.347 44.913
202209 38.477 144.661 43.693
202212 41.364 145.763 46.617
202303 37.493 146.865 41.937
202306 39.597 150.280 43.284
202309 35.968 151.492 39.002
202312 36.357 152.924 39.055
202403 37.078 153.035 39.801
202406 38.618 155.789 40.721
202409 39.510 157.882 41.109
202412 42.972 158.323 44.587
202503 42.403 157.552 44.212
202506 42.858 159.755 44.070
202509 47.039 162.289 47.614
202512 47.103 163.281 47.389
202603 49.435 164.272 49.435

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of ₹212.39 mean?
Ramco Systems (NSE:RAMCOSYS) has a Cyclically Adjusted Revenue per Share of ₹212.39 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ramco Systems and its competitors.
Is Ramco Systems' Cyclically Adjusted Revenue per Share too high?
Ramco Systems' current Cyclically Adjusted Revenue per Share is ₹212.39. Overall, Ramco Systems has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ramco Systems' Cyclically Adjusted Revenue per Share compare to UBER and SHOP?
Ramco Systems' Cyclically Adjusted Revenue per Share of ₹212.39 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Software company?
A good Cyclically Adjusted Revenue per Share depends on the Software industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ramco Systems and its competitors. Ramco Systems's current Cyclically Adjusted Revenue per Share is ₹212.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramco Systems stock overvalued right now?
Based on GuruFocus' analysis, Ramco Systems (NSE:RAMCOSYS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹458.92, compared to a current price of ₹795.30 — trading 73.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹212.39. Ramco Systems' overall GF Score™ is 56/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Ramco Systems (NSE:RAMCOSYS), the current Cyclically Adjusted Revenue per Share is ₹212.39 as of Mar. 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 Ramco Systems (NSE:RAMCOSYS) Overvalued in 2026?

Based on GuruFocus' analysis, Ramco Systems stock appears to be overvalued. The current stock price of ₹795.30 is trading 73.3% above its estimated GF Value™ of ₹458.92. GuruFocus considers Ramco Systems to be Significantly Overvalued.

Key valuation signals for NSE:RAMCOSYS:

  • Cyclically Adjusted Revenue per Share: ₹212.39
  • GF Value™: ₹458.92 vs. price of ₹795.30 (73.3% above fair value)
  • GF Score™: 56/100 with 4 warning signs

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


Ramco Systems Business Description

Other Exchanges 532370:India
Address No. 64, Sardar Patel Road, Taramani, Chennai, TN, IND, 600 113
Ramco Systems Ltd develops software and software products for human capital management, payroll, enterprise resource management, monitoring and evaluation, and maintenance, repair, and overhaul providers in the Aviation industry. The company develops software through its enterprise application assembly and delivery platform Ramco VirtualWorks for transaction systems and Ramco Decision Works for analytics/reporting. The product portfolio of the company includes aviation, aerospace & defense management software, enterprise resource planning software, and payroll & logistics software on the cloud. It as only one operating segment which is Software Solutions & Services.
56GF Score

Get the complete analysis for NSE:RAMCOSYS

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

₹795.30
Price
₹458.92
GF Value