BlackLine (MEX:BL) Cyclically Adjusted PS Ratio: (As of Jul. 11, 2026)


MEX:BL BlackLine Inc MEX:BL
41 GF Score
Price MXN456.90
GF Value MXN979.36
Valuation Possible Value Trap
! 5 Warning Signs
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What is BlackLine Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


BlackLine  (MEX:BL) 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.


BlackLine Cyclically Adjusted PS Ratio Related Terms


BlackLine Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for BlackLine'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.

BlackLine Cyclically Adjusted PS Ratio Chart

BlackLine 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 7.38

BlackLine 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 7.02 8.03 7.25 7.38 4.73

MEX:BL vs EVCM, ASAN, NCNO: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, BlackLine'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.


BlackLine Cyclically Adjusted PS Ratio vs Software Industry

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

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


MEX:BL
41GF Score
BlackLine Inc MEX:BL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BlackLine 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.

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

For example, BlackLine'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)
=47.294/330.2130*330.2130
=47.294

Current CPI (Mar. 2026) = 330.2130.

BlackLine Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 10.881 241.018 14.908
201609 12.619 241.428 17.260
201612 16.183 241.432 22.134
201703 14.019 243.801 18.988
201706 14.638 244.955 19.733
201709 15.675 246.819 20.971
201712 18.564 246.524 24.866
201803 17.529 249.554 23.195
201806 20.346 251.989 26.662
201809 20.246 252.439 26.484
201812 22.382 251.233 29.418
201903 22.686 254.202 29.470
201906 24.255 256.143 31.269
201909 26.661 256.759 34.288
201912 27.132 256.974 34.865
202003 34.478 258.115 44.109
202006 33.951 257.797 43.488
202009 34.903 260.280 44.281
202012 33.127 260.474 41.996
202103 34.924 264.877 43.539
202106 34.920 271.696 42.441
202109 38.448 274.310 46.284
202112 40.224 278.802 47.641
202203 40.492 287.504 46.507
202206 43.483 296.311 48.458
202209 45.243 296.808 50.335
202212 45.560 296.797 50.690
202303 41.623 301.836 45.536
202306 34.520 305.109 37.360
202309 36.409 307.789 39.062
202312 36.474 306.746 39.264
202403 35.851 312.332 37.903
202406 40.546 314.175 42.616
202409 44.164 315.301 46.253
202412 47.363 315.605 49.555
202503 52.671 319.799 54.386
202506 50.608 322.561 51.809
202509 51.752 324.800 52.614
202512 46.027 324.054 46.902
202603 47.294 330.213 47.294

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 BlackLine (MEX:BL) Overvalued in 2026?

Based on GuruFocus' analysis, BlackLine stock appears to be undervalued. The current stock price of MXN456.90 is trading 53.3% below its estimated GF Value™ of MXN979.36. GuruFocus considers BlackLine to be Possible Value Trap.

Key valuation signals for MEX:BL:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: MXN979.36 vs. price of MXN456.90 (53.3% below fair value)
  • GF Score™: 41/100 with 5 warning signs

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


BlackLine Business Description

Address 21300 Victory Boulevard, 12th Floor, Woodland Hills, CA, USA, 91367
BlackLine Inc is engaged in providing financial accounting close solutions delivered as Software as a Service (SaaS). The Company's solutions enable its customers to address various aspects of their critical processes, including financial close & consolidation, intercompany accounting, and invoice-to-cash. The majority of the revenue of the company is earned in the United States.
41GF Score

Get the complete analysis for MEX:BL

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

MXN456.90
Price
MXN979.36
GF Value