Paylocity Holding (FRA:0P7) Cyclically Adjusted PS Ratio: 7.24 (As of Jul. 24, 2026) — 49% Below Median

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FRA:0P7 Paylocity Holding Corp FRA:0P7
75 GF Score
Price €110.00
GF Value €197.72
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Paylocity Holding Cyclically Adjusted PS Ratio?

Paylocity Holding FRA:0P7 75 Cyclically Adjusted PS Ratio is 7.24 as of Jul. 24, 2026, which is 49% below its 10-year median of 14.12. GuruFocus rates FRA:0P7 with a GF Score™ of 75/100 and a GF Value™ of €197.72 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,593 Software companies, Paylocity Holding ranks worse than 86% on this metric.

As of today (2026-07-24), Paylocity Holding's current share price is €110.00. Paylocity Holding's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €15.20. Paylocity Holding's Cyclically Adjusted PS Ratio for today is 7.24.

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

FRA:0P7' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.39   Med: 14.12   Max: 32.11
Current: 6.83

During the past years, Paylocity Holding's highest Cyclically Adjusted PS Ratio was 32.11. The lowest was 5.39. And the median was 14.12.

FRA:0P7's Cyclically Adjusted PS Ratio is ranked worse than
86% of 1593 companies
in the Software industry
Industry Median: 1.62 vs FRA:0P7: 6.83

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.

Paylocity Holding's adjusted revenue per share data for the three months ended in Mar. 2026 was €8.005. 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 €15.20 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Paylocity Holding  (FRA:0P7) 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

* Premium members only.

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

Paylocity Holding Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 21.14 18.36 10.52 11.83

Paylocity Holding 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 12.84 11.83 9.94 9.19 6.12

FRA:0P7 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.


FRA:0P7
75GF Score
Paylocity Holding Corp FRA:0P7
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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.

Paylocity Holding's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=110.00/15.20
=7.24

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

For example, Paylocity Holding'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)
=8.005/330.2130*330.2130
=8.005

Current CPI (Mar. 2026) = 330.2130.

Paylocity Holding Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.043 241.018 1.429
201609 1.131 241.428 1.547
201612 1.267 241.432 1.733
201703 1.563 243.801 2.117
201706 1.247 244.955 1.681
201709 1.252 246.819 1.675
201712 1.326 246.524 1.776
201803 1.671 249.554 2.211
201806 1.493 251.989 1.956
201809 1.552 252.439 2.030
201812 1.711 251.233 2.249
201903 2.227 254.202 2.893
201906 1.909 256.143 2.461
201909 2.065 256.759 2.656
201912 2.134 256.974 2.742
202003 2.776 258.115 3.551
202006 2.073 257.797 2.655
202009 2.057 260.280 2.610
202012 2.135 260.474 2.707
202103 2.770 264.877 3.453
202106 2.473 271.696 3.006
202109 2.733 274.310 3.290
202112 3.072 278.802 3.638
202203 3.962 287.504 4.551
202206 3.835 296.311 4.274
202209 4.515 296.808 5.023
202212 4.564 296.797 5.078
202303 5.613 301.836 6.141
202306 5.021 305.109 5.434
202309 5.232 307.789 5.613
202312 5.264 306.746 5.667
202403 6.471 312.332 6.841
202406 5.825 314.175 6.122
202409 5.854 315.301 6.131
202412 6.345 315.605 6.639
202503 7.405 319.799 7.646
202506 6.173 322.561 6.319
202509 6.181 324.800 6.284
202512 6.488 324.054 6.611
202603 8.005 330.213 8.005

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 7.24 mean?
Paylocity Holding (FRA:0P7) has a Cyclically Adjusted PS Ratio of 7.24 as of Jul. 24, 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 Paylocity Holding and its competitors. This is 49% below median its historical median of 14.12. Over the past decade, Paylocity Holding's Cyclically Adjusted PS Ratio has ranged from 5.39 to 32.11. According to the industry distribution chart, Paylocity Holding ranks #1370 out of 1593 companies in the Software industry, placing it in the top 86%.
Is Paylocity Holding's Cyclically Adjusted PS Ratio too high?
Paylocity Holding's current Cyclically Adjusted PS Ratio of 7.24 is 49% below median its 10-year median of 14.12. Over the past 10 years, this metric has ranged from a low of 5.39 to a high of 32.11. The Software industry median Cyclically Adjusted PS Ratio is 1.62. Paylocity Holding's value of 7.24 is 346.9% above this industry median. Based on the distribution chart, Paylocity Holding ranks #1370 out of 1593 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Paylocity Holding has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paylocity Holding's Cyclically Adjusted PS Ratio compare to DUOL and NAVN?
According to the Software industry distribution chart, Paylocity Holding ranks #1370 out of 1593 companies for Cyclically Adjusted PS Ratio. This places Paylocity Holding in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.62. Paylocity Holding's value of 7.24 is 346.9% above this benchmark. Historically, Paylocity Holding's own Cyclically Adjusted PS Ratio has ranged from 5.39 to 32.11 over the past decade. While the company's 10-year median is 14.12 vs. the industry median of 1.62, Paylocity Holding 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 1.62, based on 1,593 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. Paylocity Holding's current Cyclically Adjusted PS Ratio of 7.24 is 346.9% 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 Paylocity Holding and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paylocity Holding's current Cyclically Adjusted PS Ratio is 7.24, which is 49% below median its own 10-year median of 14.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paylocity Holding stock overvalued right now?
Based on GuruFocus' analysis, Paylocity Holding (FRA:0P7) is currently considered Significantly Undervalued. The stock's GF Value™ is €197.72, compared to a current price of €110.00 — trading 44.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.24, which is 49% below median its 10-year median of 14.12 and 346.9% above the Software industry median of 1.62. Paylocity Holding's overall GF Score™ is 75/100 with 3 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 Paylocity Holding (FRA:0P7), the current Cyclically Adjusted PS Ratio is 7.24 as of Jul. 24, 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 Paylocity Holding (FRA:0P7) Overvalued in 2026?

Based on GuruFocus' analysis, Paylocity Holding stock appears to be undervalued. The current stock price of €110.00 is trading 44.4% below its estimated GF Value™ of €197.72. GuruFocus considers Paylocity Holding to be Significantly Undervalued.

Key valuation signals for FRA:0P7:

  • Cyclically Adjusted PS Ratio: 7.24 (49% below median its 10-year median of 14.12)
  • GF Value™: €197.72 vs. price of €110.00 (44.4% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 346.9% above the Software median (#1370 of 1593)

No single metric tells the full story. See the FRA:0P7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Paylocity Holding Business Description

Address 1400 American Lane, Schaumburg, IL, USA, 60173
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.
75GF Score

Get the complete analysis for FRA:0P7

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

€110.00
Price
€197.72
GF Value