Five9 (MEX:FIVN) Cyclically Adjusted PS Ratio: 2.34 (As of Jul. 31, 2026) — 55% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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MEX:FIVN Five9 Inc MEX:FIVN
69 GF Score
Price MXN477.00
GF Value MXN667.90
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Five9 Cyclically Adjusted PS Ratio?

Five9 MEX:FIVN -1.45% 69 Cyclically Adjusted PS Ratio is 2.34 as of Jul. 31, 2026, which is 55% below its 10-year median of 5.24. GuruFocus rates MEX:FIVN with a GF Score™ of 69/100 and a GF Value™ of MXN667.90 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,590 Software companies, Five9 ranks worse than 64.65% on this metric.

As of today (2026-07-31), Five9's current share price is MXN477.00. Five9's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN203.91. Five9's Cyclically Adjusted PS Ratio for today is 2.34.

The historical rank and industry rank for Five9's Cyclically Adjusted PS Ratio or its related term are showing as below:

MEX:FIVN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.39   Med: 5.24   Max: 14.51
Current: 2.82

During the past years, Five9's highest Cyclically Adjusted PS Ratio was 14.51. The lowest was 1.39. And the median was 5.24.

MEX:FIVN's Cyclically Adjusted PS Ratio is ranked worse than
64.65% of 1590 companies
in the Software industry
Industry Median: 1.63 vs MEX:FIVN: 2.82

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.

Five9's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN63.799. 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 MXN203.91 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Five9  (MEX:FIVN) 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.


Five9 Cyclically Adjusted PS Ratio Related Terms


Five9 Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Five9'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.

Five9 Cyclically Adjusted PS Ratio Chart

Five9 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 11.83 11.42 4.95 2.14

Five9 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 3.18 2.99 2.64 2.14 1.55

MEX:FIVN vs MQ, APPN, EVTC: Cyclically Adjusted PS Ratio Comparison

For the Software - Infrastructure subindustry, Five9'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.


Five9 Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Five9's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Five9's Cyclically Adjusted PS Ratio falls into.


MEX:FIVN
69GF Score
Five9 Inc MEX:FIVN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Five9 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.

Five9's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=477.00/203.91
=2.34

* 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.

Five9's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Five9'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)
=63.799/330.2130*330.2130
=63.799

Current CPI (Mar. 2026) = 330.2130.

Five9 Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 13.792 241.018 18.896
201609 15.034 241.428 20.563
201612 17.153 241.432 23.461
201703 16.488 243.801 22.332
201706 15.765 244.955 21.252
201709 15.290 246.819 20.456
201712 19.414 246.524 26.005
201803 18.975 249.554 25.108
201806 20.741 251.989 27.180
201809 20.897 252.439 27.335
201812 24.100 251.233 31.676
201903 24.355 254.202 31.638
201906 24.767 256.143 31.929
201909 27.209 256.759 34.993
201912 28.404 256.974 36.499
202003 36.134 258.115 46.227
202006 36.399 257.797 46.624
202009 37.845 260.280 48.013
202012 38.459 260.474 48.756
202103 42.242 264.877 52.662
202106 42.533 271.696 51.694
202109 46.804 274.310 56.342
202112 52.206 278.802 61.833
202203 52.763 287.504 60.601
202206 54.625 296.311 60.875
202209 56.807 296.808 63.200
202212 57.443 296.797 63.910
202303 55.254 301.836 60.449
202306 53.347 305.109 57.736
202309 55.395 307.789 59.431
202312 55.634 306.746 59.890
202403 55.784 312.332 58.978
202406 62.238 314.175 65.415
202409 69.473 315.301 72.759
202412 77.041 315.605 80.607
202503 64.097 319.799 66.184
202506 60.252 322.561 61.681
202509 60.065 324.800 61.066
202512 62.312 324.054 63.496
202603 63.799 330.213 63.799

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 2.34 mean?
Five9 (MEX:FIVN) has a Cyclically Adjusted PS Ratio of 2.34 as of Jul. 31, 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 Five9 and its competitors. This is 55% below median its historical median of 5.24. Over the past decade, Five9's Cyclically Adjusted PS Ratio has ranged from 1.39 to 14.51. According to the industry distribution chart, Five9 ranks #1028 out of 1590 companies in the Software industry, placing it in the top 64.7%.
Is Five9's Cyclically Adjusted PS Ratio too high?
Five9's current Cyclically Adjusted PS Ratio of 2.34 is 55% below median its 10-year median of 5.24. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 14.51. The Software industry median Cyclically Adjusted PS Ratio is 1.63. Five9's value of 2.34 is 43.6% above this industry median. Based on the distribution chart, Five9 ranks #1028 out of 1590 companies in the Software industry, which is below the industry midpoint. Overall, Five9 has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Five9's Cyclically Adjusted PS Ratio compare to MQ and APPN?
According to the Software industry distribution chart, Five9 ranks #1028 out of 1590 companies for Cyclically Adjusted PS Ratio. This places Five9 in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.63. Five9's value of 2.34 is 43.6% above this benchmark. Historically, Five9's own Cyclically Adjusted PS Ratio has ranged from 1.39 to 14.51 over the past decade. While the company's 10-year median is 5.24 vs. the industry median of 1.63, Five9 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. Five9's current Cyclically Adjusted PS Ratio of 2.34 is 43.6% 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 Five9 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. Five9's current Cyclically Adjusted PS Ratio is 2.34, which is 55% below median its own 10-year median of 5.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Five9 stock overvalued right now?
Based on GuruFocus' analysis, Five9 (MEX:FIVN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN667.90, compared to a current price of MXN477.00 — trading 28.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.34, which is 55% below median its 10-year median of 5.24 and 43.6% above the Software industry median of 1.63. Five9's overall GF Score™ is 69/100 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 Five9 (MEX:FIVN), the current Cyclically Adjusted PS Ratio is 2.34 as of Jul. 31, 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 Five9 (MEX:FIVN) Overvalued in 2026?

Based on GuruFocus' analysis, Five9 stock appears to be undervalued. The current stock price of MXN477.00 is trading 28.6% below its estimated GF Value™ of MXN667.90. GuruFocus considers Five9 to be Modestly Undervalued.

Key valuation signals for MEX:FIVN:

  • Cyclically Adjusted PS Ratio: 2.34 (55% below median its 10-year median of 5.24)
  • GF Value™: MXN667.90 vs. price of MXN477.00 (28.6% below fair value)
  • GF Score™: 69/100 with 8 warning signs
  • Industry Position: 43.6% above the Software median (#1028 of 1590)

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


Five9 Business Description

Address 3001 Bishop Drive, Suite 350, San Ramon, CA, USA, 94583
Five9 offers cloud-native contact center software enabling digital customer service, sales, and marketing engagement. The company's Intelligent CX platform combines core telephony functionality, omnichannel engagement, and modules into a cloud contact-center-as-a-service, or CCaaS, platform. Five9's modules include digital self-service, agent assist technology, workflow automation, and optimization solutions, as well as artificial intelligence-driven automation solutions that optimize customer service efficiency and manage interaction quality and agent performance.
69GF Score

Get the complete analysis for MEX:FIVN

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

MXN477.00
Price
MXN667.90
GF Value