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Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.
Shiller PE for Stocks: The True Measure of Stock Valuation
Paylocity Holding (BSP:P2CY34) 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.
Paylocity Holding Cyclically Adjusted PS Ratio Related Terms
Paylocity Holding Cyclically Adjusted PS Ratio Historical Data
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The historical data trend for Paylocity Holding'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.
Paylocity Holding Cyclically Adjusted PS Ratio Chart
BSP:P2CY34 vs DUOL, NAVN, CVLT: Cyclically Adjusted PS Ratio Comparison
For the Software - Application subindustry, Paylocity Holding'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.
Paylocity Holding Cyclically Adjusted PS Ratio vs Software Industry
For the Software industry and Technology sector, Paylocity Holding's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Paylocity Holding's Cyclically Adjusted PS Ratio falls into.
Paylocity Holding 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.
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.
Is Paylocity Holding (BSP:P2CY34) Overvalued in 2026?
Based on GuruFocus' analysis, Paylocity Holding stock appears to be undervalued.
The current stock price of R$21.21 is trading 45.4% below its estimated GF Value™ of R$38.86.
GuruFocus considers Paylocity Holding to be Significantly Undervalued.
Key valuation signals for BSP:P2CY34:
Cyclically Adjusted PS Ratio:
GF Value™: R$38.86 vs. price of R$21.21 (45.4% below fair value)
No single metric tells the full story. See the BSP:P2CY34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Paylocity is a cloud-based human capital management provider offering payroll, compliance, and human resources management solutions. With the addition of expense and IT management modules, Paylocity unifies back-office operations spanning HR, finance, and IT on a single platform and bills customers on a subscription basis. The firm's customer base skews toward the midmarket and is primarily based in the US. As of fiscal 2025, Paylocity has nearly 42,000 customers.
63GF Score
Get the complete analysis for BSP:P2CY34
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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