Bandwidth (FRA:5XB) Cyclically Adjusted PS Ratio: 1.86 (As of Jul. 30, 2026) — 26% Below Median

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FRA:5XB Bandwidth Inc FRA:5XB
70 GF Score
Price €32.00
GF Value €14.16
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Bandwidth Cyclically Adjusted PS Ratio?

Bandwidth FRA:5XB -33.61% 70 Cyclically Adjusted PS Ratio is 1.86 as of Jul. 30, 2026, which is 26% below its 10-year median of 2.53. GuruFocus rates FRA:5XB with a GF Score™ of 70/100 and a GF Value™ of €14.16 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,590 Software companies, Bandwidth ranks worse than 62.08% on this metric.

As of today (2026-07-30), Bandwidth's current share price is €32.00. Bandwidth's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €17.18. Bandwidth's Cyclically Adjusted PS Ratio for today is 1.86.

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

FRA:5XB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.79   Med: 2.53   Max: 3.55
Current: 1.78

During the past years, Bandwidth's highest Cyclically Adjusted PS Ratio was 3.55. The lowest was 0.79. And the median was 2.53.

FRA:5XB's Cyclically Adjusted PS Ratio is ranked worse than
62.08% of 1590 companies
in the Software industry
Industry Median: 1.63 vs FRA:5XB: 1.78

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.

Bandwidth's adjusted revenue per share data for the three months ended in Jun. 2026 was €5.699. 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 €17.18 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bandwidth  (FRA:5XB) 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.


Bandwidth Cyclically Adjusted PS Ratio Related Terms


Bandwidth Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bandwidth'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.

Bandwidth Cyclically Adjusted PS Ratio Chart

Bandwidth 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 0.00 0.00 0.00 0.00 0.00

Bandwidth Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 0.88 3.06

FRA:5XB vs INFQ, FLYW, EVTC: Cyclically Adjusted PS Ratio Comparison

For the Software - Infrastructure subindustry, Bandwidth'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.


Bandwidth Cyclically Adjusted PS Ratio vs Software Industry

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

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


FRA:5XB
70GF Score
Bandwidth Inc FRA:5XB
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bandwidth 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=32.00/17.18
=1.86

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=5.699/333.9520*333.9520
=5.699

Current CPI (Jun. 2026) = 333.9520.

Bandwidth Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.360 241.428 3.264
201612 2.522 241.432 3.488
201703 2.542 243.801 3.482
201706 2.414 244.955 3.291
201709 1.968 246.819 2.663
201712 2.034 246.524 2.755
201803 2.099 249.554 2.809
201806 1.979 251.989 2.623
201809 2.045 252.439 2.705
201812 2.154 251.233 2.863
201903 2.147 254.202 2.821
201906 2.055 256.143 2.679
201909 2.345 256.759 3.050
201912 2.267 256.974 2.946
202003 2.632 258.115 3.405
202006 2.844 257.797 3.684
202009 2.977 260.280 3.820
202012 3.769 260.474 4.832
202103 3.810 264.877 4.804
202106 3.991 271.696 4.905
202109 4.421 274.310 5.382
202112 4.441 278.802 5.319
202203 4.730 287.504 5.494
202206 5.108 296.311 5.757
202209 5.920 296.808 6.661
202212 5.847 296.797 6.579
202303 4.398 301.836 4.866
202306 5.269 305.109 5.767
202309 5.561 307.789 6.034
202312 5.871 306.746 6.392
202403 5.939 312.332 6.350
202406 5.467 314.175 5.811
202409 6.105 315.301 6.466
202412 7.190 315.605 7.608
202503 5.561 319.799 5.807
202506 5.222 322.561 5.406
202509 5.400 324.800 5.552
202512 5.754 324.054 5.930
202603 5.480 330.213 5.542
202606 5.699 333.952 5.699

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 1.86 mean?
Bandwidth (FRA:5XB) has a Cyclically Adjusted PS Ratio of 1.86 as of Jul. 30, 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 Bandwidth and its competitors. This is 26% below median its historical median of 2.53. Over the past decade, Bandwidth's Cyclically Adjusted PS Ratio has ranged from 0.79 to 3.55. According to the industry distribution chart, Bandwidth ranks #987 out of 1590 companies in the Software industry, placing it in the top 62.1%.
Is Bandwidth's Cyclically Adjusted PS Ratio too high?
Bandwidth's current Cyclically Adjusted PS Ratio of 1.86 is 26% below median its 10-year median of 2.53. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 3.55. The Software industry median Cyclically Adjusted PS Ratio is 1.63. Bandwidth's value of 1.86 is 14.1% above this industry median. Based on the distribution chart, Bandwidth ranks #987 out of 1590 companies in the Software industry, which is below the industry midpoint. Overall, Bandwidth has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bandwidth's Cyclically Adjusted PS Ratio compare to INFQ and FLYW?
According to the Software industry distribution chart, Bandwidth ranks #987 out of 1590 companies for Cyclically Adjusted PS Ratio. This places Bandwidth in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.63. Bandwidth's value of 1.86 is 14.1% above this benchmark. Historically, Bandwidth's own Cyclically Adjusted PS Ratio has ranged from 0.79 to 3.55 over the past decade. While the company's 10-year median is 2.53 vs. the industry median of 1.63, Bandwidth 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 1.63, 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. Bandwidth's current Cyclically Adjusted PS Ratio of 1.86 is 14.1% 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 Bandwidth 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. Bandwidth's current Cyclically Adjusted PS Ratio is 1.86, which is 26% below median its own 10-year median of 2.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bandwidth stock overvalued right now?
Based on GuruFocus' analysis, Bandwidth (FRA:5XB) is currently considered Significantly Overvalued. The stock's GF Value™ is €14.16, compared to a current price of €32.00 — trading 126% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.86, which is 26% below median its 10-year median of 2.53 and 14.1% above the Software industry median of 1.63. Bandwidth's overall GF Score™ is 70/100 with 5 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 Bandwidth (FRA:5XB), the current Cyclically Adjusted PS Ratio is 1.86 as of Jul. 30, 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 Bandwidth (FRA:5XB) Overvalued in 2026?

Based on GuruFocus' analysis, Bandwidth stock appears to be overvalued. The current stock price of €32.00 is trading 126% above its estimated GF Value™ of €14.16. GuruFocus considers Bandwidth to be Significantly Overvalued.

Key valuation signals for FRA:5XB:

  • Cyclically Adjusted PS Ratio: 1.86 (26% below median its 10-year median of 2.53)
  • GF Value™: €14.16 vs. price of €32.00 (126% above fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 14.1% above the Software median (#987 of 1590)

No single metric tells the full story. See the FRA:5XB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bandwidth Business Description

Other Exchanges BAND:USA5XB:Germany
Address 2230 Bandmate Way, Raleigh, NC, USA, 27607
Bandwidth Inc is cloud-based communications platform-as-a-service (CPaaS) provider that enables enterprises to create, scale and operate voice or messaging communications services across any mobile application or connected device. Company earns revenue through the sale of communications services offered through Application Programming Interface software solutions to enterprise customers. The majority of its revenue is generated from usage-based fees that includes voice communication and messaging communication that traverse the platform and network.
70GF Score

Get the complete analysis for FRA:5XB

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

€32.00
Price
€14.16
GF Value