BBSI (Barrett Business Services) Cyclically Adjusted PS Ratio: 0.95 (As of Jul. 23, 2026) — 13% Above Median

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BBSI Barrett Business Services Inc BBSI
77 GF Score
Price $39.50
GF Value $40.66
Valuation Fairly Valued
! 1 Warning Sign
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What is Barrett Business Services Cyclically Adjusted PS Ratio?

Barrett Business Services BBSI -0.70% 77 Cyclically Adjusted PS Ratio is 0.95 as of Jul. 23, 2026, which is 13% above its 10-year median of 0.84. GuruFocus rates BBSI with a GF Score™ of 77/100 and a GF Value™ of $40.66 (Fairly Valued). The stock has 1 warning sign investors should review. Among 716 Business Services companies, Barrett Business Services ranks worse than 51.96% on this metric.

As of today (2026-07-23), Barrett Business Services's current share price is $39.50. Barrett Business Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $41.63. Barrett Business Services's Cyclically Adjusted PS Ratio for today is 0.95.

The historical rank and industry rank for Barrett Business Services's Cyclically Adjusted PS Ratio or its related term are showing as below:

BBSI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.84   Max: 1.34
Current: 0.95

During the past years, Barrett Business Services's highest Cyclically Adjusted PS Ratio was 1.34. The lowest was 0.36. And the median was 0.84.

BBSI's Cyclically Adjusted PS Ratio is ranked worse than
51.96% of 716 companies
in the Business Services industry
Industry Median: 0.895 vs BBSI: 0.95

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.

Barrett Business Services's adjusted revenue per share data for the three months ended in Mar. 2026 was $12.265. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $41.63 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Barrett Business Services  (NAS:BBSI) Cyclically Adjusted PS Ratio Explanation

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


Barrett Business Services Cyclically Adjusted PS Ratio Related Terms


Barrett Business Services Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Barrett Business Services's Cyclically Adjusted PS 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.

Barrett Business Services Cyclically Adjusted PS Ratio Chart

Barrett Business Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.70 0.81 1.14 0.89

Barrett Business 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 PS 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 1.05 1.05 1.10 0.89 0.70

BBSI vs KFRC, KELYA, TBI: Cyclically Adjusted PS Ratio Comparison

For the Staffing & Employment Services subindustry, Barrett Business Services'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.


Barrett Business Services Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Barrett Business Services's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Barrett Business Services's Cyclically Adjusted PS Ratio falls into.


BBSI
77GF Score
Barrett Business Services Inc BBSI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Barrett Business Services Cyclically Adjusted PS Ratio Calculation

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

Barrett Business Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=39.50/41.63
=0.95

* 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.

Barrett Business Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Barrett Business Services'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)
=12.265/330.2130*330.2130
=12.265

Current CPI (Mar. 2026) = 330.2130.

Barrett Business Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.940 241.018 9.508
201609 7.600 241.428 10.395
201612 7.407 241.432 10.131
201703 7.242 243.801 9.809
201706 7.469 244.955 10.069
201709 7.976 246.819 10.671
201712 8.064 246.524 10.802
201803 7.666 249.554 10.144
201806 7.544 251.989 9.886
201809 8.089 252.439 10.581
201812 7.791 251.233 10.240
201903 7.365 254.202 9.567
201906 7.507 256.143 9.678
201909 8.039 256.759 10.339
201912 7.920 256.974 10.177
202003 7.283 258.115 9.317
202006 6.572 257.797 8.418
202009 7.378 260.280 9.360
202012 7.582 260.474 9.612
202103 7.208 264.877 8.986
202106 7.626 271.696 9.268
202109 8.116 274.310 9.770
202112 8.487 278.802 10.052
202203 8.241 287.504 9.465
202206 9.032 296.311 10.065
202209 9.605 296.808 10.686
202212 9.648 296.797 10.734
202303 9.115 301.836 9.972
202306 9.623 305.109 10.415
202309 10.055 307.789 10.788
202312 10.265 306.746 11.050
202403 10.113 312.332 10.692
202406 10.448 314.175 10.981
202409 11.055 315.301 11.578
202412 11.449 315.605 11.979
202503 11.336 319.799 11.705
202506 11.736 322.561 12.014
202509 12.187 324.800 12.390
202512 12.459 324.054 12.696
202603 12.265 330.213 12.265

Add all the adjusted revenue per share together and divide 10 will get our 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.

What does a Cyclically Adjusted PS Ratio of 0.95 mean?
Barrett Business Services (BBSI) has a Cyclically Adjusted PS Ratio of 0.95 as of Jul. 23, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Barrett Business Services and its competitors. This is 13% above median its historical median of 0.84. Over the past decade, Barrett Business Services' Cyclically Adjusted PS Ratio has ranged from 0.36 to 1.34. According to the industry distribution chart, Barrett Business Services ranks #372 out of 716 companies in the Business Services industry, placing it in the top 52%.
Is Barrett Business Services' Cyclically Adjusted PS Ratio too high?
Barrett Business Services' current Cyclically Adjusted PS Ratio of 0.95 is 13% above median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.34. The Business Services industry median Cyclically Adjusted PS Ratio is 0.90. Barrett Business Services' value of 0.95 is 6.1% above this industry median. Based on the distribution chart, Barrett Business Services ranks #372 out of 716 companies in the Business Services industry, which is below the industry midpoint. Overall, Barrett Business Services has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Barrett Business Services' Cyclically Adjusted PS Ratio compare to KFRC and KELYA?
According to the Business Services industry distribution chart, Barrett Business Services ranks #372 out of 716 companies for Cyclically Adjusted PS Ratio. This places Barrett Business Services in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.90. Barrett Business Services' value of 0.95 is 6.1% above this benchmark. Historically, Barrett Business Services' own Cyclically Adjusted PS Ratio has ranged from 0.36 to 1.34 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 0.90, Barrett Business Services 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 PS Ratio for a Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.90, based on 716 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Barrett Business Services's current Cyclically Adjusted PS Ratio of 0.95 is 6.1% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Barrett Business Services and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barrett Business Services's current Cyclically Adjusted PS Ratio is 0.95, which is 13% above median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barrett Business Services stock overvalued right now?
Based on GuruFocus' analysis, Barrett Business Services (BBSI) is currently considered Fairly Valued. The stock's GF Value™ is $40.66, compared to a current price of $39.50 — trading 2.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.95, which is 13% above median its 10-year median of 0.84 and 6.1% above the Business Services industry median of 0.90. Barrett Business Services' overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Barrett Business Services (BBSI), the current Cyclically Adjusted PS Ratio is 0.95 as of Jul. 23, 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 Barrett Business Services (BBSI) Overvalued in 2026?

Based on GuruFocus' analysis, Barrett Business Services stock appears to be undervalued. The current stock price of $39.50 is trading 2.9% below its estimated GF Value™ of $40.66. GuruFocus considers Barrett Business Services to be Fairly Valued.

Key valuation signals for BBSI:

  • Cyclically Adjusted PS Ratio: 0.95 (13% above median its 10-year median of 0.84)
  • GF Value™: $40.66 vs. price of $39.50 (2.9% below fair value)
  • GF Score™: 77/100 with 1 warning sign
  • Industry Position: 6.1% above the Business Services median (#372 of 716)

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


Barrett Business Services Business Description

Other Exchanges BB1:Germany
Address 8100 NE Parkway Drive, Suite 200, Vancouver, WA, USA, 98662
Barrett Business Services Inc is a provider of business management solutions for small and mid-sized companies through a platform that combines management consulting expertise with human resource tools to help business owners manage and operate their businesses more effectively. The company has two categories of services: Professional Employer Services (PEO) and Staffing. The majority of revenue is derived from the Professional Employer Services segment, which provides clients with human resource advisory services, HRIS access, retirement plans, a learning management system, and a web-based technology platform, myBBSI.
77GF Score

Get the complete analysis for BBSI

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

$39.50
Price
$40.66
GF Value