Corpay (LTS:0AD8) Cyclically Adjusted PS Ratio: 6.49 (As of Jul. 27, 2026) — 30% Below Median

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.

LTS:0AD8 Corpay Inc LTS:0AD8
93 GF Score
Price $324.00
GF Value $351.05
! 8 Warning Signs
View Full Analysis

What is Corpay Cyclically Adjusted PS Ratio?

Corpay LTS:0AD8 93 Cyclically Adjusted PS Ratio is 6.49 as of Jul. 27, 2026, which is 30% below its 10-year median of 9.32. GuruFocus rates LTS:0AD8 with a GF Score™ of 93/100 and a GF Value™ of $351.05. The stock has 8 warning signs investors should review. Among 1,591 Software companies, Corpay ranks worse than 89.31% on this metric.

As of today (2026-07-27), Corpay's current share price is $324.00. Corpay's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $49.90. Corpay's Cyclically Adjusted PS Ratio for today is 6.49.

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

LTS:0AD8' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.06   Med: 9.32   Max: 19.11
Current: 8.27

During the past years, Corpay's highest Cyclically Adjusted PS Ratio was 19.11. The lowest was 6.06. And the median was 9.32.

LTS:0AD8's Cyclically Adjusted PS Ratio is ranked worse than
89.31% of 1591 companies
in the Software industry
Industry Median: 1.59 vs LTS:0AD8: 8.27

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.

Corpay's adjusted revenue per share data for the three months ended in Mar. 2026 was $18.424. 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 $49.90 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corpay  (LTS:0AD8) 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.


Corpay Cyclically Adjusted PS Ratio Related Terms


Corpay Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Corpay'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.

Corpay Cyclically Adjusted PS Ratio Chart

Corpay 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 9.51 6.44 8.53 8.95 7.04

Corpay 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 8.91 8.21 6.91 7.04 6.49

LTS:0AD8 vs OKTA, MDB, VRSN: Cyclically Adjusted PS Ratio Comparison

For the Software - Infrastructure subindustry, Corpay'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.


Corpay Cyclically Adjusted PS Ratio vs Software Industry

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

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


LTS:0AD8
93GF Score
Corpay Inc LTS:0AD8
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Corpay 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=324.00/49.90
=6.49

* 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.

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

For example, Corpay'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)
=18.424/330.2130*330.2130
=18.424

Current CPI (Mar. 2026) = 330.2130.

Corpay Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.386 241.018 6.009
201609 5.083 241.428 6.952
201612 5.407 241.432 7.395
201703 5.504 243.801 7.455
201706 6.070 244.955 8.183
201709 6.214 246.819 8.314
201712 6.587 246.524 8.823
201803 6.279 249.554 8.308
201806 6.310 251.989 8.269
201809 6.729 252.439 8.802
201812 7.102 251.233 9.335
201903 6.968 254.202 9.052
201906 7.179 256.143 9.255
201909 7.524 256.759 9.676
201912 7.735 256.974 9.940
202003 7.495 258.115 9.589
202006 6.066 257.797 7.770
202009 6.784 260.280 8.607
202012 7.190 260.474 9.115
202103 7.096 264.877 8.846
202106 7.824 271.696 9.509
202109 9.024 274.310 10.863
202112 9.844 278.802 11.659
202203 9.954 287.504 11.433
202206 11.008 296.311 12.267
202209 11.819 296.808 13.149
202212 11.879 296.797 13.216
202303 12.101 301.836 13.239
202306 12.642 305.109 13.682
202309 13.014 307.789 13.962
202312 12.779 306.746 13.757
202403 12.717 312.332 13.445
202406 13.647 314.175 14.344
202409 14.516 315.301 15.203
202412 14.475 315.605 15.145
202503 14.054 319.799 14.512
202506 15.428 322.561 15.794
202509 16.483 324.800 16.758
202512 17.803 324.054 18.141
202603 18.424 330.213 18.424

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 6.49 mean?
Corpay (LTS:0AD8) has a Cyclically Adjusted PS Ratio of 6.49 as of Jul. 27, 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 Corpay and its competitors. This is 30% below median its historical median of 9.32. Over the past decade, Corpay's Cyclically Adjusted PS Ratio has ranged from 6.06 to 19.11. According to the industry distribution chart, Corpay ranks #1421 out of 1591 companies in the Software industry, placing it in the top 89.3%.
Is Corpay's Cyclically Adjusted PS Ratio too high?
Corpay's current Cyclically Adjusted PS Ratio of 6.49 is 30% below median its 10-year median of 9.32. Over the past 10 years, this metric has ranged from a low of 6.06 to a high of 19.11. The Software industry median Cyclically Adjusted PS Ratio is 1.59. Corpay's value of 6.49 is 308.2% above this industry median. Based on the distribution chart, Corpay ranks #1421 out of 1591 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Corpay has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does Corpay's Cyclically Adjusted PS Ratio compare to OKTA and MDB?
According to the Software industry distribution chart, Corpay ranks #1421 out of 1591 companies for Cyclically Adjusted PS Ratio. This places Corpay in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.59. Corpay's value of 6.49 is 308.2% above this benchmark. Historically, Corpay's own Cyclically Adjusted PS Ratio has ranged from 6.06 to 19.11 over the past decade. While the company's 10-year median is 9.32 vs. the industry median of 1.59, Corpay 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 1.59, based on 1,591 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. Corpay's current Cyclically Adjusted PS Ratio of 6.49 is 308.2% 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 Corpay and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corpay's current Cyclically Adjusted PS Ratio is 6.49, which is 30% below median its own 10-year median of 9.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corpay stock overvalued right now?
Corpay (LTS:0AD8) has a current Cyclically Adjusted PS Ratio of 6.49. The stock's GF Value™ is $351.05, compared to a current price of $324.00 — trading 7.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.49, which is 30% below median its 10-year median of 9.32 and 308.2% above the Software industry median of 1.59. Corpay's overall GF Score™ is 93/100 with 8 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 Corpay (LTS:0AD8), the current Cyclically Adjusted PS Ratio is 6.49 as of Jul. 27, 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 Corpay (LTS:0AD8) Overvalued in 2026?

Based on GuruFocus' analysis, Corpay stock appears to be undervalued. The current stock price of $324.00 is trading 7.7% below its estimated GF Value™ of $351.05.

Key valuation signals for LTS:0AD8:

  • Cyclically Adjusted PS Ratio: 6.49 (30% below median its 10-year median of 9.32)
  • GF Value™: $351.05 vs. price of $324.00 (7.7% below fair value)
  • GF Score™: 93/100 with 8 warning signs
  • Industry Position: 308.2% above the Software median (#1421 of 1591)

No single metric tells the full story. See the LTS:0AD8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Corpay Business Description

Address 3280 Peachtree Road, Suite 2400, Atlanta, GA, USA, 30305
Corpay Inc is a corporate payments company that helps businesses and consumers manage and pay their expenses. The company offers payment and spend management solutions, including accounts payable automation, cross-border payments, commercial card programs, vehicle payment solutions, and lodging payment services. Its reportable segments are: Corporate Payments, Vehicle Payments, Lodging Payments and Other. The majority of the company's revenue is derived from the Vehicle Payments segment, which helps customers to pay for vehicle related expenses. Geographically, it derives the maximum revenue from the United States and the rest from Brazil, the United Kingdom and other countries.
93GF Score

Get the complete analysis for LTS:0AD8

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

$324.00
Price
$351.05
GF Value