CDW (CDW) Cyclically Adjusted PS Ratio: 0.91 (As of Jul. 31, 2026) — 29% Below Median

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CDW CDW Corp CDW
80 GF Score
Price $145.56
GF Value $205.13
Valuation Modestly Undervalued
! 2 Warning Signs
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What is CDW Cyclically Adjusted PS Ratio?

CDW CDW -1.60% 80 Cyclically Adjusted PS Ratio is 0.91 as of Jul. 31, 2026, which is 29% below its 10-year median of 1.29. GuruFocus rates CDW with a GF Score™ of 80/100 and a GF Value™ of $205.13 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,590 Software companies, CDW ranks better than 65.72% on this metric.

As of today (2026-07-31), CDW's current share price is $145.56. CDW's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $159.69. CDW's Cyclically Adjusted PS Ratio for today is 0.91.

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

CDW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.29   Max: 2
Current: 0.91

During the past years, CDW's highest Cyclically Adjusted PS Ratio was 2.00. The lowest was 0.55. And the median was 1.29.

CDW's Cyclically Adjusted PS Ratio is ranked better than
65.72% of 1590 companies
in the Software industry
Industry Median: 1.63 vs CDW: 0.91

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.

CDW's adjusted revenue per share data for the three months ended in Mar. 2026 was $43.859. 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 $159.69 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CDW  (NAS:CDW) 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.


CDW Cyclically Adjusted PS Ratio Related Terms


CDW Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CDW'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.

CDW Cyclically Adjusted PS Ratio Chart

CDW 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 1.90 1.45 1.69 1.21 0.88

CDW 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 1.08 1.18 1.04 0.88 0.76

CDW vs BR, LDOS, FIS: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, CDW'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.


CDW Cyclically Adjusted PS Ratio vs Software Industry

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

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


CDW
80GF Score
CDW Corp CDW
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CDW 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=145.56/159.69
=0.91

* 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.

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

For example, CDW'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)
=43.859/330.2130*330.2130
=43.859

Current CPI (Mar. 2026) = 330.2130.

CDW Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 21.983 241.018 30.118
201609 22.488 241.428 30.758
201612 19.493 241.432 26.661
201703 20.000 243.801 27.089
201706 24.476 244.955 32.995
201709 25.181 246.819 33.689
201712 24.176 246.524 32.383
201803 23.297 249.554 30.827
201806 27.200 251.989 35.644
201809 28.453 252.439 37.219
201812 26.790 251.233 35.212
201903 26.527 254.202 34.459
201906 31.220 256.143 40.248
201909 33.340 256.759 42.878
201912 30.947 256.974 39.767
202003 30.291 258.115 38.752
202006 30.254 257.797 38.752
202009 32.848 260.280 41.674
202012 34.157 260.474 43.302
202103 33.805 264.877 42.144
202106 36.319 271.696 44.141
202109 38.020 274.310 45.768
202112 40.181 278.802 47.590
202203 43.519 287.504 49.984
202206 44.925 296.311 50.065
202209 45.336 296.808 50.438
202212 39.609 296.797 44.069
202303 37.168 301.836 40.662
202306 41.338 305.109 44.739
202309 41.415 307.789 44.432
202312 36.901 306.746 39.724
202403 35.829 312.332 37.880
202406 39.996 314.175 42.038
202409 40.894 315.301 42.828
202412 38.615 315.605 40.402
202503 38.945 319.799 40.213
202506 45.140 322.561 46.211
202509 43.531 324.800 44.256
202512 42.198 324.054 43.000
202603 43.859 330.213 43.859

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 0.91 mean?
CDW (CDW) has a Cyclically Adjusted PS Ratio of 0.91 as of Jul. 31, 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 CDW and its competitors. This is 29% below median its historical median of 1.29. Over the past decade, CDW's Cyclically Adjusted PS Ratio has ranged from 0.55 to 2.00. According to the industry distribution chart, CDW ranks #545 out of 1590 companies in the Software industry, placing it in the top 34.3%.
Is CDW's Cyclically Adjusted PS Ratio too high?
CDW's current Cyclically Adjusted PS Ratio of 0.91 is 29% below median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 2.00. The Software industry median Cyclically Adjusted PS Ratio is 1.63. CDW's value of 0.91 is 44.2% below this industry median. Based on the distribution chart, CDW ranks #545 out of 1590 companies in the Software industry, which is above the industry midpoint. Overall, CDW has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CDW's Cyclically Adjusted PS Ratio compare to BR and LDOS?
According to the Software industry distribution chart, CDW ranks #545 out of 1590 companies for Cyclically Adjusted PS Ratio. This puts CDW in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.63. CDW's value of 0.91 is 44.2% below this benchmark. Historically, CDW's own Cyclically Adjusted PS Ratio has ranged from 0.55 to 2.00 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 1.63, CDW 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 PS Ratio for a Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.63, based on 1,590 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. CDW's current Cyclically Adjusted PS Ratio of 0.91 is 44.2% 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 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 CDW and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CDW's current Cyclically Adjusted PS Ratio is 0.91, which is 29% below median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CDW stock overvalued right now?
Based on GuruFocus' analysis, CDW (CDW) is currently considered Modestly Undervalued. The stock's GF Value™ is $205.13, compared to a current price of $145.56 — trading 29% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.91, which is 29% below median its 10-year median of 1.29 and 44.2% below the Software industry median of 1.63. CDW's overall GF Score™ is 80/100 with 2 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 CDW (CDW), the current Cyclically Adjusted PS Ratio is 0.91 as of Jul. 31, 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 CDW (CDW) Overvalued in 2026?

Based on GuruFocus' analysis, CDW stock appears to be undervalued. The current stock price of $145.56 is trading 29% below its estimated GF Value™ of $205.13. GuruFocus considers CDW to be Modestly Undervalued.

Key valuation signals for CDW:

  • Cyclically Adjusted PS Ratio: 0.91 (29% below median its 10-year median of 1.29)
  • GF Value™: $205.13 vs. price of $145.56 (29% below fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 44.2% below the Software median (#545 of 1590)

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


CDW Business Description

Address 200 North Milwaukee Avenue, Vernon Hills, IL, USA, 60061
CDW Corp is a multi-brand provider of information technology (IT) solutions to businesses, government, education, and healthcare customers in the United States, the United Kingdom, and Canada. The company's offerings range from hardware and software products to integrated IT solutions and services, including on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security. Its reportable segments are Corporate, Small Business, Public, and Other. The Corporate and Small Business segments serve US private sector business customers, while the Public segment consists of government agencies and education and healthcare institutions in the US. The Corporate segment generates the majority of its revenue in the United States.
80GF Score

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

$145.56
Price
$205.13
GF Value