Salesforce (CHIX:FOOD) Cyclically Adjusted PS Ratio: 5.56 (As of Jul. 18, 2026) — 60% Below Median

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CHIX:FOOD Salesforce Inc CHIX:FOOD
79 GF Score
Price €147.90
GF Value €283.00
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Salesforce Cyclically Adjusted PS Ratio?

Salesforce CHIX:FOOD 79 Cyclically Adjusted PS Ratio is 5.56 as of Jul. 18, 2026, which is 60% below its 10-year median of 13.95. GuruFocus rates CHIX:FOOD with a GF Score™ of 79/100 and a GF Value™ of €283.00 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,590 Software companies, Salesforce ranks worse than 79.43% on this metric.

As of today (2026-07-18), Salesforce's current share price is €147.90. Salesforce's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was €26.60. Salesforce's Cyclically Adjusted PS Ratio for today is 5.56.

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

CHIX:FOOd' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.8   Med: 13.95   Max: 23.05
Current: 5.4

During the past years, Salesforce's highest Cyclically Adjusted PS Ratio was 23.05. The lowest was 4.80. And the median was 13.95.

CHIX:FOOd's Cyclically Adjusted PS Ratio is ranked worse than
79.43% of 1590 companies
in the Software industry
Industry Median: 1.665 vs CHIX:FOOd: 5.40

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.

Salesforce's adjusted revenue per share data for the three months ended in Apr. 2026 was €10.928. 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 €26.60 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Salesforce  (CHIX:FOOd) 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.


Salesforce Cyclically Adjusted PS Ratio Related Terms


Salesforce Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Salesforce'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.

Salesforce Cyclically Adjusted PS Ratio Chart

Salesforce Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.44 8.56 12.27 12.96 7.08

Salesforce Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 9.83 9.14 8.94 7.08 5.59

CHIX:FOOD vs SHOP, UBER, CDNS: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Salesforce'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.


Salesforce Cyclically Adjusted PS Ratio vs Software Industry

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

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


CHIX:FOOD
79GF Score
Salesforce Inc CHIX:FOOD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Salesforce 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=147.90/26.60
=5.56

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=10.928/333.0200*333.0200
=10.928

Current CPI (Apr. 2026) = 333.0200.

Salesforce Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 2.648 240.628 3.665
201610 2.820 241.729 3.885
201701 3.091 242.839 4.239
201704 3.098 244.524 4.219
201707 3.065 244.786 4.170
201710 3.115 246.663 4.206
201801 3.132 247.867 4.208
201804 3.249 250.546 4.318
201807 3.629 252.006 4.796
201810 3.759 252.885 4.950
201901 4.026 251.712 5.326
201904 4.194 255.548 5.465
201907 4.485 256.571 5.821
201910 4.641 257.346 6.006
202001 4.787 257.971 6.180
202004 4.902 256.389 6.367
202007 4.860 259.101 6.247
202010 4.905 260.388 6.273
202101 5.070 261.582 6.455
202104 5.303 267.054 6.613
202107 5.646 273.003 6.887
202110 5.910 276.589 7.116
202201 6.450 281.148 7.640
202204 6.856 289.109 7.897
202207 7.581 296.276 8.521
202210 7.955 298.012 8.889
202301 7.899 299.170 8.793
202304 7.613 303.363 8.357
202307 7.888 305.691 8.593
202310 8.418 307.671 9.112
202401 8.691 308.417 9.384
202404 8.642 313.548 9.179
202407 8.836 314.540 9.355
202410 8.984 315.664 9.478
202501 9.942 317.671 10.422
202504 9.018 320.795 9.362
202507 9.119 323.048 9.400
202510 9.257 0.000
202601 10.162 325.252 10.405
202604 10.928 333.020 10.928

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 5.56 mean?
Salesforce (CHIX:FOOD) has a Cyclically Adjusted PS Ratio of 5.56 as of Jul. 18, 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 Salesforce and its competitors. This is 60% below median its historical median of 13.95. Over the past decade, Salesforce's Cyclically Adjusted PS Ratio has ranged from 4.80 to 23.05. According to the industry distribution chart, Salesforce ranks #1263 out of 1590 companies in the Software industry, placing it in the top 79.4%.
Is Salesforce's Cyclically Adjusted PS Ratio too high?
Salesforce's current Cyclically Adjusted PS Ratio of 5.56 is 60% below median its 10-year median of 13.95. Over the past 10 years, this metric has ranged from a low of 4.80 to a high of 23.05. The Software industry median Cyclically Adjusted PS Ratio is 1.67. Salesforce's value of 5.56 is 233.9% above this industry median. Based on the distribution chart, Salesforce ranks #1263 out of 1590 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Salesforce has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Salesforce's Cyclically Adjusted PS Ratio compare to SHOP and UBER?
According to the Software industry distribution chart, Salesforce ranks #1263 out of 1590 companies for Cyclically Adjusted PS Ratio. This places Salesforce in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.67. Salesforce's value of 5.56 is 233.9% above this benchmark. Historically, Salesforce's own Cyclically Adjusted PS Ratio has ranged from 4.80 to 23.05 over the past decade. While the company's 10-year median is 13.95 vs. the industry median of 1.67, Salesforce 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 1.67, 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. Salesforce's current Cyclically Adjusted PS Ratio of 5.56 is 233.9% 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 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 Salesforce and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salesforce's current Cyclically Adjusted PS Ratio is 5.56, which is 60% below median its own 10-year median of 13.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salesforce stock overvalued right now?
Based on GuruFocus' analysis, Salesforce (CHIX:FOOD) is currently considered Significantly Undervalued. The stock's GF Value™ is €283.00, compared to a current price of €147.90 — trading 47.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.56, which is 60% below median its 10-year median of 13.95 and 233.9% above the Software industry median of 1.67. Salesforce's overall GF Score™ is 79/100 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 Salesforce (CHIX:FOOD), the current Cyclically Adjusted PS Ratio is 5.56 as of Jul. 18, 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 Salesforce (CHIX:FOOD) Overvalued in 2026?

Based on GuruFocus' analysis, Salesforce stock appears to be undervalued. The current stock price of €147.90 is trading 47.7% below its estimated GF Value™ of €283.00. GuruFocus considers Salesforce to be Significantly Undervalued.

Key valuation signals for CHIX:FOOD:

  • Cyclically Adjusted PS Ratio: 5.56 (60% below median its 10-year median of 13.95)
  • GF Value™: €283.00 vs. price of €147.90 (47.7% below fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 233.9% above the Software median (#1263 of 1590)

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


Salesforce Business Description

Address 415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, USA, 94105
Salesforce provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.
79GF 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.

€147.90
Price
€283.00
GF Value