Fidelity National Information Services (BSP:F1NI34) Cyclically Adjusted Book per Share: R$18.72 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
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.

BSP:F1NI34 Fidelity National Information Services Inc BSP:F1NI34
65 GF Score
Price R$13.55
GF Value R$29.22
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Fidelity National Information Services Cyclically Adjusted Book per Share?

Fidelity National Information Services BSP:F1NI34 65 Cyclically Adjusted Book per Share is R$18.72 as of Mar. 2026. GuruFocus rates BSP:F1NI34 with a GF Score™ of 65/100 and a GF Value™ of R$29.22 (Possible Value Trap). The stock has 3 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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Fidelity National Information Services's adjusted book value per share for the three months ended in Mar. 2026 was R$10.101. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$18.72 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Fidelity National Information Services's average Cyclically Adjusted Book Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.40% 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 Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Fidelity National Information Services was 18.60% per year. The lowest was 3.10% per year. And the median was 10.50% per year.

As of today (2026-07-20), Fidelity National Information Services's current stock price is R$13.55. Fidelity National Information Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$18.72. Fidelity National Information Services's Cyclically Adjusted PB Ratio of today is 0.72.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fidelity National Information Services was 5.18. The lowest was 0.68. And the median was 3.22.


Fidelity National Information Services  (BSP:F1NI34) Cyclically Adjusted Book per Share Explanation

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

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB 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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Fidelity National Information Services's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.55/18.72
=0.72

* 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 PB Ratio of Fidelity National Information Services was 5.18. The lowest was 0.68. And the median was 3.22.


Be Aware

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


Fidelity National Information Services Cyclically Adjusted Book per Share Related Terms


Fidelity National Information Services Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Fidelity National Information Services's Cyclically Adjusted Book 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.

Fidelity National Information Services Cyclically Adjusted Book per Share Chart

Fidelity National Information Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.47 15.77 16.10 21.17 19.34

Fidelity National Information Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book 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 19.83 18.93 18.63 19.34 18.72

BSP:F1NI34 vs CTSH, CDW, BR: Cyclically Adjusted Book per Share Comparison

For the Information Technology Services subindustry, Fidelity National Information Services's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Fidelity National Information Services Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Fidelity National Information Services's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fidelity National Information Services's Cyclically Adjusted PB Ratio falls into.


BSP:F1NI34
65GF Score
Fidelity National Information Services Inc BSP:F1NI34
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fidelity National Information Services Cyclically Adjusted Book 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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

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

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value 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 Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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, Fidelity National Information Services's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=10.101/330.2130*330.2130
=10.101

Current CPI (Mar. 2026) = 330.2130.

Fidelity National Information Services Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.214 241.018 8.514
201609 5.989 241.428 8.191
201612 6.225 241.432 8.514
201703 5.869 243.801 7.949
201706 6.136 244.955 8.272
201709 5.870 246.819 7.853
201712 6.624 246.524 8.873
201803 6.518 249.554 8.625
201806 7.433 251.989 9.740
201809 7.892 252.439 10.323
201812 7.582 251.233 9.966
201903 7.354 254.202 9.553
201906 7.428 256.143 9.576
201909 20.629 256.759 26.531
201912 20.656 256.974 26.543
202003 24.375 258.115 31.184
202006 25.734 257.797 32.963
202009 26.690 260.280 33.861
202012 25.568 260.474 32.414
202103 27.528 264.877 34.318
202106 24.610 271.696 29.910
202109 25.520 274.310 30.721
202112 27.478 278.802 32.545
202203 23.938 287.504 27.494
202206 24.131 296.311 26.892
202209 24.841 296.808 27.637
202212 15.098 296.797 16.798
202303 14.900 301.836 16.301
202306 10.385 305.109 11.239
202309 10.155 307.789 10.895
202312 10.007 306.746 10.773
202403 9.962 312.332 10.532
202406 10.447 314.175 10.980
202409 10.561 315.301 11.060
202412 11.273 315.605 11.795
202503 10.307 319.799 10.643
202506 9.401 322.561 9.624
202509 8.951 324.800 9.100
202512 9.220 324.054 9.395
202603 10.101 330.213 10.101

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of R$18.72 mean?
Fidelity National Information Services (BSP:F1NI34) has a Cyclically Adjusted Book per Share of R$18.72 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Fidelity National Information Services and its competitors.
Is Fidelity National Information Services' Cyclically Adjusted Book per Share too high?
Fidelity National Information Services' current Cyclically Adjusted Book per Share is R$18.72. Overall, Fidelity National Information Services has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fidelity National Information Services' Cyclically Adjusted Book per Share compare to CTSH and CDW?
Fidelity National Information Services' Cyclically Adjusted Book per Share of R$18.72 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 Book per Share for a Software company?
A good Cyclically Adjusted Book per Share depends on the Software industry context. However, Cyclically Adjusted Book 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 Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Fidelity National Information Services and its competitors. Fidelity National Information Services's current Cyclically Adjusted Book per Share is R$18.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fidelity National Information Services stock overvalued right now?
Based on GuruFocus' analysis, Fidelity National Information Services (BSP:F1NI34) is currently considered Possible Value Trap. The stock's GF Value™ is R$29.22, compared to a current price of R$13.55 — trading 53.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is R$18.72. Fidelity National Information Services' overall GF Score™ is 65/100 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 Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Fidelity National Information Services (BSP:F1NI34), the current Cyclically Adjusted Book per Share is R$18.72 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 Fidelity National Information Services (BSP:F1NI34) Overvalued in 2026?

Based on GuruFocus' analysis, Fidelity National Information Services stock appears to be undervalued. The current stock price of R$13.55 is trading 53.6% below its estimated GF Value™ of R$29.22. GuruFocus considers Fidelity National Information Services to be Possible Value Trap.

Key valuation signals for BSP:F1NI34:

  • Cyclically Adjusted Book per Share: R$18.72
  • GF Value™: R$29.22 vs. price of R$13.55 (53.6% below fair value)
  • GF Score™: 65/100 with 3 warning signs

No single metric tells the full story. See the BSP:F1NI34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fidelity National Information Services Business Description

Address 347 Riverside Avenue, Jacksonville, FL, USA, 32202
Fidelity National Information Services provides core processing and ancillary services to banks, but its business has expanded over time. By acquiring SunGard in 2015, the company now provides record-keeping and other services to investment firms. In a recent deal with Global Payments, FIS sold off its remaining interest in Worldpay and acquired Global Payment's issuer processing business.
65GF Score

Get the complete analysis for BSP:F1NI34

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

R$13.55
Price
R$29.22
GF Value