Corpay (FRA:07G0) Cyclically Adjusted PB Ratio: 8.10 (As of Aug. 14, 2026) — 13% Above Median

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FRA:07G0 Corpay Inc FRA:07G0
94 GF Score
Price €353.60
GF Value €346.32
Valuation Fairly Valued
! 8 Warning Signs
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What is Corpay Cyclically Adjusted PB Ratio?

Corpay FRA:07G0 +0.91% 94 Cyclically Adjusted PB Ratio is 8.10 as of Aug. 14, 2026, which is 13% above its 10-year median of 7.16. GuruFocus rates FRA:07G0 with a GF Score™ of 94/100 and a GF Value™ of €346.32 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,552 Software companies, Corpay ranks worse than 86.21% on this metric.

As of today (2026-08-14), Corpay's current share price is €353.60. Corpay's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €43.65. Corpay's Cyclically Adjusted PB Ratio for today is 8.10.

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

FRA:07G0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.39   Med: 7.16   Max: 12.41
Current: 8.57

During the past years, Corpay's highest Cyclically Adjusted PB Ratio was 12.41. The lowest was 4.39. And the median was 7.16.

FRA:07G0's Cyclically Adjusted PB Ratio is ranked worse than
86.21% of 1552 companies
in the Software industry
Industry Median: 2.315 vs FRA:07G0: 8.57

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.

Corpay's adjusted book value per share data for the three months ended in Jun. 2026 was €46.826. 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 €43.65 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corpay  (FRA:07G0) 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.


Corpay Cyclically Adjusted PB Ratio Related Terms


Corpay Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Corpay'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.

Corpay Cyclically Adjusted PB Ratio Chart

Corpay 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 6.51 4.76 6.67 7.47 6.30

Corpay Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 7.09 6.07 6.30 5.96 6.72

FRA:07G0 vs OKTA, MDB, VRSN: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, Corpay'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.


Corpay Cyclically Adjusted PB Ratio vs Software Industry

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

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


FRA:07G0
94GF Score
Corpay Inc FRA:07G0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Corpay 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.

Corpay's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=353.60/43.65
=8.10

* 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.

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

For example, Corpay's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=46.826/333.9520*333.9520
=46.826

Current CPI (Jun. 2026) = 333.9520.

Corpay Quarterly Data

Book Value per Share CPI Adj_Book
201609 30.529 241.428 42.229
201612 31.835 241.432 44.035
201703 33.868 243.801 46.391
201706 32.988 244.955 44.973
201709 32.137 246.819 43.482
201712 34.594 246.524 46.863
201803 35.177 249.554 47.074
201806 33.310 251.989 44.145
201809 34.438 252.439 45.558
201812 34.201 251.233 45.462
201903 36.256 254.202 47.630
201906 39.306 256.143 51.246
201909 40.814 256.759 53.084
201912 39.142 256.974 50.867
202003 30.208 258.115 39.083
202006 31.341 257.797 40.599
202009 29.907 260.280 38.372
202012 32.966 260.474 42.265
202103 33.228 264.877 41.893
202106 35.060 271.696 43.094
202109 33.236 274.310 40.462
202112 32.154 278.802 38.514
202203 34.099 287.504 39.608
202206 33.483 296.311 37.736
202209 30.509 296.808 34.327
202212 32.705 296.797 36.799
202303 36.462 301.836 40.342
202306 40.732 305.109 44.583
202309 39.703 307.789 43.078
202312 41.970 306.746 45.692
202403 41.896 312.332 44.796
202406 36.817 314.175 39.135
202409 39.922 315.301 42.284
202412 42.494 315.605 44.964
202503 45.334 319.799 47.340
202506 48.238 322.561 49.941
202509 49.577 324.800 50.974
202512 48.518 324.054 50.000
202603 45.911 330.213 46.431
202606 46.826 333.952 46.826

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 8.10 mean?
Corpay (FRA:07G0) has a Cyclically Adjusted PB Ratio of 8.10 as of Aug. 14, 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 Corpay and its competitors. This is 13% above median its historical median of 7.16. Over the past decade, Corpay's Cyclically Adjusted PB Ratio has ranged from 4.39 to 12.41. According to the industry distribution chart, Corpay ranks #1338 out of 1552 companies in the Software industry, placing it in the top 86.2%.
Is Corpay's Cyclically Adjusted PB Ratio too high?
Corpay's current Cyclically Adjusted PB Ratio of 8.10 is 13% above median its 10-year median of 7.16. Over the past 10 years, this metric has ranged from a low of 4.39 to a high of 12.41. The Software industry median Cyclically Adjusted PB Ratio is 2.32. Corpay's value of 8.10 is 249.9% above this industry median. Based on the distribution chart, Corpay ranks #1338 out of 1552 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Corpay has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Corpay's Cyclically Adjusted PB Ratio compare to OKTA and MDB?
According to the Software industry distribution chart, Corpay ranks #1338 out of 1552 companies for Cyclically Adjusted PB Ratio. This places Corpay in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.32. Corpay's value of 8.10 is 249.9% above this benchmark. Historically, Corpay's own Cyclically Adjusted PB Ratio has ranged from 4.39 to 12.41 over the past decade. While the company's 10-year median is 7.16 vs. the industry median of 2.32, Corpay has consistently been above 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 2.32, based on 1,552 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. Corpay's current Cyclically Adjusted PB Ratio of 8.10 is 249.9% above 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 Corpay and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corpay's current Cyclically Adjusted PB Ratio is 8.10, which is 13% above median its own 10-year median of 7.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corpay stock overvalued right now?
Based on GuruFocus' analysis, Corpay (FRA:07G0) is currently considered Fairly Valued. The stock's GF Value™ is €346.32, compared to a current price of €353.60 — trading 2.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.10, which is 13% above median its 10-year median of 7.16 and 249.9% above the Software industry median of 2.32. Corpay's overall GF Score™ is 94/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Corpay (FRA:07G0), the current Cyclically Adjusted PB Ratio is 8.10 as of Aug. 14, 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 Corpay (FRA:07G0) Overvalued in 2026?

Based on GuruFocus' analysis, Corpay stock appears to be overvalued. The current stock price of €353.60 is trading 2.1% above its estimated GF Value™ of €346.32. GuruFocus considers Corpay to be Fairly Valued.

Key valuation signals for FRA:07G0:

  • Cyclically Adjusted PB Ratio: 8.10 (13% above median its 10-year median of 7.16)
  • GF Value™: €346.32 vs. price of €353.60 (2.1% above fair value)
  • GF Score™: 94/100 with 8 warning signs
  • Industry Position: 249.9% above the Software median (#1338 of 1552)

No single metric tells the full story. See the FRA:07G0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Corpay Business Description

Address 3280 Peachtree Road, Suite 2400, Atlanta, GA, USA, 30305
Corpay Inc is a corporate payments company that helps businesses and consumers manage and pay their expenses. The company offers payment and spend management solutions, including accounts payable automation, cross-border payments, commercial card programs, vehicle payment solutions, and lodging payment services. Its reportable segments are: Corporate Payments, Vehicle Payments, Lodging Payments and Other. The majority of the company's revenue is derived from the Vehicle Payments segment, which helps customers to pay for vehicle related expenses. Geographically, it derives the maximum revenue from the United States and the rest from Brazil, the United Kingdom and other countries.
94GF Score

Get the complete analysis for FRA:07G0

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

€353.60
Price
€346.32
GF Value