Corpay (BSP:CPAY34) Cyclically Adjusted PS Ratio: 9.44 (As of Sep. 15, 2026) — Near Median

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BSP:CPAY34 Corpay Inc BSP:CPAY34
92 GF Score
Price R$533.00
GF Value R$485.34
Valuation Fairly Valued
! 8 Warning Signs
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What is Corpay Cyclically Adjusted PS Ratio?

Corpay BSP:CPAY34 92 Cyclically Adjusted PS Ratio is 9.44 as of Sep. 15, 2026, which is 2% above its 10-year median of 9.25. GuruFocus rates BSP:CPAY34 with a GF Score™ of 92/100 and a GF Value™ of R$485.34 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,600 Software companies, Corpay ranks worse than 89.31% on this metric.

As of today (2026-09-15), Corpay's current share price is R$533.00. Corpay's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$56.49. Corpay's Cyclically Adjusted PS Ratio for today is 9.44.

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

BSP:CPAY34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.06   Med: 9.25   Max: 19.11
Current: 8.73

During the past years, Corpay's highest Cyclically Adjusted PS Ratio was 19.11. The lowest was 6.06. And the median was 9.25.

BSP:CPAY34's Cyclically Adjusted PS Ratio is ranked worse than
89.31% of 1600 companies
in the Software industry
Industry Median: 1.66 vs BSP:CPAY34: 8.73

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.

Corpay's adjusted revenue per share data for the three months ended in Jun. 2026 was R$25.501. 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 R$56.49 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corpay  (BSP:CPAY34) 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.


Corpay Cyclically Adjusted PS Ratio Related Terms


Corpay Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Corpay'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.

Corpay Cyclically Adjusted PS Ratio Chart

Corpay 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 14.30 7.75 7.67 9.15 7.51

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 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 8.26 9.42 7.47 7.91 6.84

BSP:CPAY34 vs VRSN, OKTA, IOT: Cyclically Adjusted PS Ratio Comparison

For the Software - Infrastructure subindustry, Corpay'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.


Corpay Cyclically Adjusted PS Ratio vs Software Industry

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

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


BSP:CPAY34
92GF Score
Corpay Inc BSP:CPAY34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Corpay 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=533.00/56.488
=9.44

* 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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=25.501/333.9520*333.9520
=25.501

Current CPI (Jun. 2026) = 333.9520.

Corpay Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.124 241.428 5.704
201612 4.458 241.432 6.166
201703 4.325 243.801 5.924
201706 4.615 244.955 6.292
201709 4.921 246.819 6.658
201712 5.347 246.524 7.243
201803 5.096 249.554 6.819
201806 5.685 251.989 7.534
201809 6.640 252.439 8.784
201812 6.752 251.233 8.975
201903 6.563 254.202 8.622
201906 7.037 256.143 9.175
201909 7.465 256.759 9.709
201912 7.954 256.974 10.337
202003 8.365 258.115 10.823
202006 8.152 257.797 10.560
202009 9.122 260.280 11.704
202012 9.706 260.474 12.444
202103 9.721 264.877 12.256
202106 10.371 271.696 12.747
202109 11.792 274.310 14.356
202112 13.667 278.802 16.370
202203 13.006 287.504 15.107
202206 13.546 296.311 15.267
202209 15.499 296.808 17.439
202212 15.645 296.797 17.604
202303 15.708 301.836 17.379
202306 15.661 305.109 17.141
202309 15.882 307.789 17.232
202312 15.808 306.746 17.210
202403 15.742 312.332 16.832
202406 17.775 314.175 18.894
202409 20.125 315.301 21.315
202412 21.126 315.605 22.354
202503 20.546 319.799 21.455
202506 21.861 322.561 22.633
202509 22.454 324.800 23.087
202512 24.008 324.054 24.741
202603 24.210 330.213 24.484
202606 25.501 333.952 25.501

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 9.44 mean?
Corpay (BSP:CPAY34) has a Cyclically Adjusted PS Ratio of 9.44 as of Sep. 15, 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 Corpay and its competitors. This is near median its historical median of 9.25. Over the past decade, Corpay's Cyclically Adjusted PS Ratio has ranged from 6.06 to 19.11. According to the industry distribution chart, Corpay ranks #1429 out of 1600 companies in the Software industry, placing it in the top 89.3%.
Is Corpay's Cyclically Adjusted PS Ratio too high?
Corpay's current Cyclically Adjusted PS Ratio of 9.44 is near median its 10-year median of 9.25. Over the past 10 years, this metric has ranged from a low of 6.06 to a high of 19.11. The Software industry median Cyclically Adjusted PS Ratio is 1.66. Corpay's value of 9.44 is 468.7% above this industry median. Based on the distribution chart, Corpay ranks #1429 out of 1600 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Corpay has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Corpay's Cyclically Adjusted PS Ratio compare to VRSN and OKTA?
According to the Software industry distribution chart, Corpay ranks #1429 out of 1600 companies for Cyclically Adjusted PS Ratio. This places Corpay in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.66. Corpay's value of 9.44 is 468.7% above this benchmark. Historically, Corpay's own Cyclically Adjusted PS Ratio has ranged from 6.06 to 19.11 over the past decade. While the company's 10-year median is 9.25 vs. the industry median of 1.66, 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 PS Ratio for a Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.66, based on 1,600 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. Corpay's current Cyclically Adjusted PS Ratio of 9.44 is 468.7% 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 Corpay and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corpay's current Cyclically Adjusted PS Ratio is 9.44, which is near median its own 10-year median of 9.25. 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 (BSP:CPAY34) is currently considered Fairly Valued. The stock's GF Value™ is R$485.34, compared to a current price of R$533.00 — trading 9.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 9.44, which is near median its 10-year median of 9.25 and 468.7% above the Software industry median of 1.66. Corpay's overall GF Score™ is 92/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Corpay (BSP:CPAY34), the current Cyclically Adjusted PS Ratio is 9.44 as of Sep. 15, 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 (BSP:CPAY34) Overvalued in 2026?

Based on GuruFocus' analysis, Corpay stock appears to be overvalued. The current stock price of R$533.00 is trading 9.8% above its estimated GF Value™ of R$485.34. GuruFocus considers Corpay to be Fairly Valued.

Key valuation signals for BSP:CPAY34:

  • Cyclically Adjusted PS Ratio: 9.44 (near median its 10-year median of 9.25)
  • GF Value™: R$485.34 vs. price of R$533.00 (9.8% above fair value)
  • GF Score™: 92/100 with 8 warning signs
  • Industry Position: 468.7% above the Software median (#1429 of 1600)

No single metric tells the full story. See the BSP:CPAY34 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.
92GF Score

Get the complete analysis for BSP:CPAY34

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

R$533.00
Price
R$485.34
GF Value