Salesforce (CHIX:FOOD) Cyclically Adjusted PS Ratio: (As of Aug. 27, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:FOOD Salesforce Inc CHIX:FOOD
78 GF Score
Price €137.50
GF Value €223.19
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Salesforce Cyclically Adjusted PS Ratio?

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
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 9.14 8.94 7.08 5.59 0.00

CHIX:FOOD vs UBER, SHOP, NOW: 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
78GF Score
Salesforce Inc CHIX:FOOD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=12.091/333.9180*333.9180
=12.091

Current CPI (Jul. 2026) = 333.9180.

Salesforce Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201610 2.820 241.729 3.895
201701 3.091 242.839 4.250
201704 3.098 244.524 4.231
201707 3.065 244.786 4.181
201710 3.115 246.663 4.217
201801 3.132 247.867 4.219
201804 3.249 250.546 4.330
201807 3.629 252.006 4.809
201810 3.759 252.885 4.964
201901 4.026 251.712 5.341
201904 4.194 255.548 5.480
201907 4.485 256.571 5.837
201910 4.641 257.346 6.022
202001 4.787 257.971 6.196
202004 4.902 256.389 6.384
202007 4.860 259.101 6.263
202010 4.905 260.388 6.290
202101 5.070 261.582 6.472
202104 5.303 267.054 6.631
202107 5.646 273.003 6.906
202110 5.910 276.589 7.135
202201 6.450 281.148 7.661
202204 6.856 289.109 7.919
202207 7.581 296.276 8.544
202210 7.955 298.012 8.913
202301 7.899 299.170 8.816
202304 7.613 303.363 8.380
202307 7.888 305.691 8.616
202310 8.418 307.671 9.136
202401 8.691 308.417 9.410
202404 8.642 313.548 9.203
202407 8.836 314.540 9.380
202410 8.984 315.664 9.504
202501 9.942 317.671 10.450
202504 9.018 320.795 9.387
202507 9.119 323.048 9.426
202510 9.257 0.000
202601 10.162 325.252 10.433
202604 10.928 333.020 10.957
202607 12.091 333.918 12.091

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.

Is Salesforce (CHIX:FOOD) Overvalued in 2026?

Based on GuruFocus' analysis, Salesforce stock appears to be undervalued. The current stock price of €137.50 is trading 38.4% below its estimated GF Value™ of €223.19. GuruFocus considers Salesforce to be Significantly Undervalued.

Key valuation signals for CHIX:FOOD:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €223.19 vs. price of €137.50 (38.4% below fair value)
  • GF Score™: 78/100 with 3 warning signs

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.
78GF Score

Get the complete analysis for CHIX:FOOD

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

€137.50
Price
€223.19
GF Value