FIS (Fidelity National Information Services) Cyclically Adjusted PB Ratio: 0.76 (As of Jul. 17, 2026) — 76% Below Median

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FIS Fidelity National Information Services Inc FIS
62 GF Score
Price $42.62
GF Value $89.87
Valuation Possible Value Trap
! 3 Warning Signs
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What is Fidelity National Information Services Cyclically Adjusted PB Ratio?

Fidelity National Information Services FIS +3.70% 62 Cyclically Adjusted PB Ratio is 0.76 as of Jul. 17, 2026, which is 76% below its 10-year median of 3.22. GuruFocus rates FIS with a GF Score™ of 62/100 and a GF Value™ of $89.87 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,598 Software companies, Fidelity National Information Services ranks better than 81.79% on this metric.

As of today (2026-07-17), Fidelity National Information Services's current share price is $42.62. Fidelity National Information Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $56.43. Fidelity National Information Services's Cyclically Adjusted PB Ratio for today is 0.76.

The historical rank and industry rank for Fidelity National Information Services's Cyclically Adjusted PB Ratio or its related term are showing as below:

FIS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 3.22   Max: 5.18
Current: 0.76

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

FIS's Cyclically Adjusted PB Ratio is ranked better than
81.79% of 1598 companies
in the Software industry
Industry Median: 2.31 vs FIS: 0.76

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 adjusted book value per share data for the three months ended in Mar. 2026 was $30.903. 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 $56.43 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fidelity National Information Services  (NYSE:FIS) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Fidelity National Information Services Cyclically Adjusted PB Ratio Related Terms


Fidelity National Information Services Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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

Fidelity National Information Services Cyclically Adjusted PB Ratio Chart

Fidelity National Information Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.49 1.34 1.13 1.48 1.20

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 PB 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 1.35 1.46 1.18 1.20 0.83

FIS vs CTSH, CDW, BR: Cyclically Adjusted PB Ratio 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.


FIS
62GF Score
Fidelity National Information Services Inc FIS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fidelity National Information Services Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=42.62/56.43
=0.76

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

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)
=30.903/330.2130*330.2130
=30.903

Current CPI (Mar. 2026) = 330.2130.

Fidelity National Information Services Quarterly Data

Book Value per Share CPI Adj_Book
201606 29.043 241.018 39.791
201609 29.454 241.428 40.286
201612 29.698 241.432 40.619
201703 30.024 243.801 40.666
201706 29.792 244.955 40.161
201709 29.985 246.819 40.116
201712 32.165 246.524 43.084
201803 31.803 249.554 42.082
201806 31.538 251.989 41.328
201809 30.735 252.439 40.204
201812 31.239 251.233 41.060
201903 30.638 254.202 39.799
201906 30.823 256.143 39.736
201909 80.122 256.759 103.043
201912 80.521 256.974 103.470
202003 79.817 258.115 102.112
202006 79.358 257.797 101.650
202009 79.082 260.280 100.330
202012 79.516 260.474 100.806
202103 78.161 264.877 97.441
202106 78.304 271.696 95.169
202109 77.348 274.310 93.111
202112 77.745 278.802 92.081
202203 76.966 287.504 88.399
202206 76.490 296.311 85.241
202209 75.799 296.808 84.330
202212 46.054 296.797 51.239
202303 45.772 301.836 50.075
202306 34.233 305.109 37.050
202309 32.900 307.789 35.297
202312 32.676 306.746 35.176
202403 32.009 312.332 33.842
202406 31.033 314.175 32.617
202409 30.514 315.301 31.957
202412 29.563 315.605 30.931
202503 28.639 319.799 29.572
202506 27.121 322.561 27.764
202509 26.703 324.800 27.148
202512 27.041 324.054 27.555
202603 30.903 330.213 30.903

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

What does a Cyclically Adjusted PB Ratio of 0.76 mean?
Fidelity National Information Services (FIS) has a Cyclically Adjusted PB Ratio of 0.76 as of Jul. 17, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Fidelity National Information Services and its competitors. This is 76% below median its historical median of 3.22. Over the past decade, Fidelity National Information Services' Cyclically Adjusted PB Ratio has ranged from 0.68 to 5.18. According to the industry distribution chart, Fidelity National Information Services ranks #291 out of 1598 companies in the Software industry, placing it in the top 18.2%.
Is Fidelity National Information Services' Cyclically Adjusted PB Ratio too high?
Fidelity National Information Services' current Cyclically Adjusted PB Ratio of 0.76 is 76% below median its 10-year median of 3.22. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 5.18. The Software industry median Cyclically Adjusted PB Ratio is 2.31. Fidelity National Information Services' value of 0.76 is 67.1% below this industry median. Based on the distribution chart, Fidelity National Information Services ranks #291 out of 1598 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Fidelity National Information Services has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fidelity National Information Services' Cyclically Adjusted PB Ratio compare to CTSH and CDW?
According to the Software industry distribution chart, Fidelity National Information Services ranks #291 out of 1598 companies for Cyclically Adjusted PB Ratio. This places Fidelity National Information Services in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.31. Fidelity National Information Services' value of 0.76 is 67.1% below this benchmark. Historically, Fidelity National Information Services' own Cyclically Adjusted PB Ratio has ranged from 0.68 to 5.18 over the past decade. While the company's 10-year median is 3.22 vs. the industry median of 2.31, Fidelity National Information Services has consistently been below 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 PB Ratio for a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.31, based on 1,598 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fidelity National Information Services's current Cyclically Adjusted PB Ratio of 0.76 is 67.1% below 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 PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Fidelity National Information Services and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fidelity National Information Services's current Cyclically Adjusted PB Ratio is 0.76, which is 76% below median its own 10-year median of 3.22. 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 (FIS) is currently considered Possible Value Trap. The stock's GF Value™ is $89.87, compared to a current price of $42.62 — trading 52.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.76, which is 76% below median its 10-year median of 3.22 and 67.1% below the Software industry median of 2.31. Fidelity National Information Services' overall GF Score™ is 62/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Fidelity National Information Services (FIS), the current Cyclically Adjusted PB Ratio is 0.76 as of Jul. 17, 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 (FIS) Overvalued in 2026?

Based on GuruFocus' analysis, Fidelity National Information Services stock appears to be undervalued. The current stock price of $42.62 is trading 52.6% below its estimated GF Value™ of $89.87. GuruFocus considers Fidelity National Information Services to be Possible Value Trap.

Key valuation signals for FIS:

  • Cyclically Adjusted PB Ratio: 0.76 (76% below median its 10-year median of 3.22)
  • GF Value™: $89.87 vs. price of $42.62 (52.6% below fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 67.1% below the Software median (#291 of 1598)

No single metric tells the full story. See the FIS 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.
62GF Score

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

$42.62
Price
$89.87
GF Value