Fiserv (LTS:0IP9) Cyclically Adjusted PS Ratio: 1.81 (As of Jul. 15, 2026) — 74% Below Median

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LTS:0IP9 Fiserv Inc LTS:0IP9
72 GF Score
Price $50.02
GF Value $171.93
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Fiserv Cyclically Adjusted PS Ratio?

Fiserv LTS:0IP9 -3.13% 72 Cyclically Adjusted PS Ratio is 1.81 as of Jul. 15, 2026, which is 74% below its 10-year median of 6.86. GuruFocus rates LTS:0IP9 with a GF Score™ of 72/100 and a GF Value™ of $171.93 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,585 Software companies, Fiserv ranks worse than 51.92% on this metric.

As of today (2026-07-15), Fiserv's current share price is $50.0201. Fiserv's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $27.58. Fiserv's Cyclically Adjusted PS Ratio for today is 1.81.

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

LTS:0IP9' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.71   Med: 6.86   Max: 10.33
Current: 1.77

During the past years, Fiserv's highest Cyclically Adjusted PS Ratio was 10.33. The lowest was 1.71. And the median was 6.86.

LTS:0IP9's Cyclically Adjusted PS Ratio is ranked worse than
51.92% of 1585 companies
in the Software industry
Industry Median: 1.65 vs LTS:0IP9: 1.77

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.

Fiserv's adjusted revenue per share data for the three months ended in Mar. 2026 was $9.389. 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 $27.58 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fiserv  (LTS:0IP9) 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.


Fiserv Cyclically Adjusted PS Ratio Related Terms


Fiserv Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Fiserv'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.

Fiserv Cyclically Adjusted PS Ratio Chart

Fiserv 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 6.54 5.43 6.28 8.57 2.49

Fiserv 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 8.89 6.71 4.87 2.49 1.99

LTS:0IP9 vs FIS, CTSH, CDW: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Fiserv'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.


Fiserv Cyclically Adjusted PS Ratio vs Software Industry

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

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


LTS:0IP9
72GF Score
Fiserv Inc LTS:0IP9
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fiserv 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=50.0201/27.58
=1.81

* 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.

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

For example, Fiserv'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)
=9.389/330.2130*330.2130
=9.389

Current CPI (Mar. 2026) = 330.2130.

Fiserv Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.021 241.018 4.139
201609 3.098 241.428 4.237
201612 3.252 241.432 4.448
201703 3.179 243.801 4.306
201706 3.205 244.955 4.321
201709 3.263 246.819 4.365
201712 3.567 246.524 4.778
201803 3.416 249.554 4.520
201806 3.410 251.989 4.469
201809 3.427 252.439 4.483
201812 3.830 251.233 5.034
201903 3.763 254.202 4.888
201906 3.784 256.143 4.878
201909 5.240 256.759 6.739
201912 5.822 256.974 7.481
202003 5.453 258.115 6.976
202006 5.090 257.797 6.520
202009 5.565 260.280 7.060
202012 5.625 260.474 7.131
202103 5.523 264.877 6.885
202106 6.022 271.696 7.319
202109 6.216 274.310 7.483
202112 6.410 278.802 7.592
202203 6.296 287.504 7.231
202206 6.838 296.311 7.620
202209 7.005 296.808 7.793
202212 7.252 296.797 8.068
202303 7.203 301.836 7.880
202306 7.681 305.109 8.313
202309 7.985 307.789 8.567
202312 8.158 306.746 8.782
202403 8.209 312.332 8.679
202406 8.724 314.175 9.169
202409 9.040 315.301 9.468
202412 9.191 315.605 9.616
202503 9.084 319.799 9.380
202506 9.980 322.561 10.217
202509 9.714 324.800 9.876
202512 9.840 324.054 10.027
202603 9.389 330.213 9.389

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 1.81 mean?
Fiserv (LTS:0IP9) has a Cyclically Adjusted PS Ratio of 1.81 as of Jul. 15, 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 Fiserv and its competitors. This is 74% below median its historical median of 6.86. Over the past decade, Fiserv's Cyclically Adjusted PS Ratio has ranged from 1.71 to 10.33. According to the industry distribution chart, Fiserv ranks #823 out of 1585 companies in the Software industry, placing it in the top 51.9%.
Is Fiserv's Cyclically Adjusted PS Ratio too high?
Fiserv's current Cyclically Adjusted PS Ratio of 1.81 is 74% below median its 10-year median of 6.86. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 10.33. The Software industry median Cyclically Adjusted PS Ratio is 1.65. Fiserv's value of 1.81 is 9.7% above this industry median. Based on the distribution chart, Fiserv ranks #823 out of 1585 companies in the Software industry, which is below the industry midpoint. Overall, Fiserv has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fiserv's Cyclically Adjusted PS Ratio compare to FIS and CTSH?
According to the Software industry distribution chart, Fiserv ranks #823 out of 1585 companies for Cyclically Adjusted PS Ratio. This places Fiserv in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.65. Fiserv's value of 1.81 is 9.7% above this benchmark. Historically, Fiserv's own Cyclically Adjusted PS Ratio has ranged from 1.71 to 10.33 over the past decade. While the company's 10-year median is 6.86 vs. the industry median of 1.65, Fiserv 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 1.65, based on 1,585 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. Fiserv's current Cyclically Adjusted PS Ratio of 1.81 is 9.7% 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 Fiserv and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiserv's current Cyclically Adjusted PS Ratio is 1.81, which is 74% below median its own 10-year median of 6.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiserv stock overvalued right now?
Based on GuruFocus' analysis, Fiserv (LTS:0IP9) is currently considered Possible Value Trap. The stock's GF Value™ is $171.93, compared to a current price of $50.02 — trading 70.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.81, which is 74% below median its 10-year median of 6.86 and 9.7% above the Software industry median of 1.65. Fiserv's overall GF Score™ is 72/100 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 Fiserv (LTS:0IP9), the current Cyclically Adjusted PS Ratio is 1.81 as of Jul. 15, 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 Fiserv (LTS:0IP9) Overvalued in 2026?

Based on GuruFocus' analysis, Fiserv stock appears to be undervalued. The current stock price of $50.02 is trading 70.9% below its estimated GF Value™ of $171.93. GuruFocus considers Fiserv to be Possible Value Trap.

Key valuation signals for LTS:0IP9:

  • Cyclically Adjusted PS Ratio: 1.81 (74% below median its 10-year median of 6.86)
  • GF Value™: $171.93 vs. price of $50.02 (70.9% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 9.7% above the Software median (#823 of 1585)

No single metric tells the full story. See the LTS:0IP9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fiserv Business Description

Address 600 N. Vel R. Phillips Avenue, Milwaukee, WI, USA, 53203
Fiserv is a leading provider of core processing and complementary services, such as electronic funds transfer, payment processing, and loan processing, for US banks and credit unions, with a focus on small and midsize banks. Following its 2019 merger with First Data, Fiserv also provides payment processing services to merchants. About 10% of the company's revenue is generated internationally.
72GF Score

Get the complete analysis for LTS:0IP9

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

$50.02
Price
$171.93
GF Value