Five9 (MEX:FIVN) Cyclically Adjusted Book per Share: MXN97.18 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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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.

MEX:FIVN Five9 Inc MEX:FIVN
69 GF Score
Price MXN477.00
GF Value MXN667.90
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Five9 Cyclically Adjusted Book per Share?

Five9 MEX:FIVN -1.45% 69 Cyclically Adjusted Book per Share is MXN97.18 as of Mar. 2026. GuruFocus rates MEX:FIVN with a GF Score™ of 69/100 and a GF Value™ of MXN667.90 (Modestly Undervalued). The stock has 8 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.

Five9's adjusted book value per share for the three months ended in Mar. 2026 was MXN195.398. 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 MXN97.18 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Five9's average Cyclically Adjusted Book Growth Rate was 29.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 28.60% 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 Five9 was 28.60% per year. The lowest was 28.60% per year. And the median was 28.60% per year.

As of today (2026-07-31), Five9's current stock price is MXN477.00. Five9's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN97.18. Five9's Cyclically Adjusted PB Ratio of today is 4.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Five9 was 40.84. The lowest was 2.91. And the median was 12.94.


Five9  (MEX:FIVN) 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.

Five9's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=477.00/97.18
=4.91

* 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 Five9 was 40.84. The lowest was 2.91. And the median was 12.94.


Be Aware

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


Five9 Cyclically Adjusted Book per Share Related Terms


Five9 Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Five9'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.

Five9 Cyclically Adjusted Book per Share Chart

Five9 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 0.00 43.32 47.32 65.29 83.34

Five9 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 112.72 123.23 78.82 83.34 97.18

MEX:FIVN vs MQ, APPN, EVTC: Cyclically Adjusted Book per Share Comparison

For the Software - Infrastructure subindustry, Five9'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.


Five9 Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Five9's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Five9's Cyclically Adjusted PB Ratio falls into.


MEX:FIVN
69GF Score
Five9 Inc MEX:FIVN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Five9 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, Five9'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)
=195.398/330.2130*330.2130
=195.398

Current CPI (Mar. 2026) = 330.2130.

Five9 Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.309 241.018 12.754
201609 9.411 241.428 12.872
201612 11.717 241.432 16.026
201703 10.024 243.801 13.577
201706 10.549 244.955 14.221
201709 12.322 246.819 16.485
201712 16.243 246.524 21.757
201803 25.352 249.554 33.546
201806 40.295 251.989 52.804
201809 40.717 252.439 53.262
201812 47.338 251.233 62.220
201903 49.007 254.202 63.661
201906 52.783 256.143 68.046
201909 57.546 256.759 74.009
201912 60.204 256.974 77.362
202003 78.094 258.115 99.908
202006 89.933 257.797 115.195
202009 88.105 260.280 111.777
202012 83.531 260.474 105.895
202103 43.977 264.877 54.825
202106 47.852 271.696 58.158
202109 51.703 274.310 62.240
202112 63.240 278.802 74.901
202203 61.392 287.504 70.512
202206 70.294 296.311 78.337
202209 76.875 296.808 85.527
202212 85.057 296.797 94.633
202303 85.430 301.836 93.462
202306 108.972 305.109 117.938
202309 118.338 307.789 126.960
202312 124.577 306.746 134.108
202403 108.680 312.332 114.902
202406 128.938 314.175 135.520
202409 148.077 315.301 155.080
202412 171.173 315.605 179.096
202503 178.247 319.799 184.051
202506 174.827 322.561 178.974
202509 181.834 324.800 184.864
202512 183.294 324.054 186.778
202603 195.398 330.213 195.398

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 MXN97.18 mean?
Five9 (MEX:FIVN) has a Cyclically Adjusted Book per Share of MXN97.18 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 Five9 and its competitors.
Is Five9's Cyclically Adjusted Book per Share too high?
Five9's current Cyclically Adjusted Book per Share is MXN97.18. Overall, Five9 has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Five9's Cyclically Adjusted Book per Share compare to MQ and APPN?
Five9's Cyclically Adjusted Book per Share of MXN97.18 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 Five9 and its competitors. Five9's current Cyclically Adjusted Book per Share is MXN97.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Five9 stock overvalued right now?
Based on GuruFocus' analysis, Five9 (MEX:FIVN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN667.90, compared to a current price of MXN477.00 — trading 28.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is MXN97.18. Five9's overall GF Score™ is 69/100 with 8 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 Five9 (MEX:FIVN), the current Cyclically Adjusted Book per Share is MXN97.18 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 Five9 (MEX:FIVN) Overvalued in 2026?

Based on GuruFocus' analysis, Five9 stock appears to be undervalued. The current stock price of MXN477.00 is trading 28.6% below its estimated GF Value™ of MXN667.90. GuruFocus considers Five9 to be Modestly Undervalued.

Key valuation signals for MEX:FIVN:

  • Cyclically Adjusted Book per Share: MXN97.18
  • GF Value™: MXN667.90 vs. price of MXN477.00 (28.6% below fair value)
  • GF Score™: 69/100 with 8 warning signs

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


Five9 Business Description

Address 3001 Bishop Drive, Suite 350, San Ramon, CA, USA, 94583
Five9 offers cloud-native contact center software enabling digital customer service, sales, and marketing engagement. The company's Intelligent CX platform combines core telephony functionality, omnichannel engagement, and modules into a cloud contact-center-as-a-service, or CCaaS, platform. Five9's modules include digital self-service, agent assist technology, workflow automation, and optimization solutions, as well as artificial intelligence-driven automation solutions that optimize customer service efficiency and manage interaction quality and agent performance.
69GF Score

Get the complete analysis for MEX:FIVN

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

MXN477.00
Price
MXN667.90
GF Value