Five9 (MEX:FIVN) Cyclically Adjusted PS Ratio: 2.84 (As of Sep. 17, 2026) — 44% Below Median

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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.
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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.

MEX:FIVN Five9 Inc MEX:FIVN
72 GF Score
Price MXN550.00
GF Value MXN533.71
Valuation Fairly Valued
! 9 Warning Signs
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What is Five9 Cyclically Adjusted PS Ratio?

Five9 MEX:FIVN 72 Cyclically Adjusted PS Ratio is 2.84 as of Sep. 17, 2026, which is 44% below its 10-year median of 5.10. GuruFocus rates MEX:FIVN with a GF Score™ of 72/100 and a GF Value™ of MXN533.71 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,600 Software companies, Five9 ranks worse than 65.75% on this metric.

As of today (2026-09-17), Five9's current share price is MXN550.00. Five9's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN193.69. Five9's Cyclically Adjusted PS Ratio for today is 2.84.

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: 5.1   Max: 14.51
Current: 3.01

During the past years, Five9's highest Cyclically Adjusted PS Ratio was 14.51. The lowest was 1.39. And the median was 5.10.

MEX:FIVN's Cyclically Adjusted PS Ratio is ranked worse than
65.75% of 1600 companies
in the Software industry
Industry Median: 1.66 vs MEX:FIVN: 3.01

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 Jun. 2026 was MXN63.583. 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 MXN193.69 for the trailing ten years ended in Jun. 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 33.94 13.26 10.78 5.02 2.14

Five9 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 5.00 2.65 2.15 1.68 1.88

MEX:FIVN vs NN, EEFT, PAGS: 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
72GF 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
=550.00/193.685
=2.84

* 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 Jun. 2026 is calculated as:

For example, Five9'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)
=63.583/333.9520*333.9520
=63.583

Current CPI (Jun. 2026) = 333.9520.

Five9 Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 14.584 241.428 20.173
201612 15.488 241.432 21.423
201703 17.778 243.801 24.352
201706 16.179 244.955 22.057
201709 15.025 246.819 20.329
201712 18.743 246.524 25.390
201803 19.563 249.554 26.179
201806 20.483 251.989 27.145
201809 21.205 252.439 28.052
201812 23.102 251.233 30.708
201903 24.109 254.202 31.673
201906 24.661 256.143 32.152
201909 26.780 256.759 34.831
201912 26.930 256.974 34.997
202003 30.890 258.115 39.966
202006 36.786 257.797 47.653
202009 37.868 260.280 48.587
202012 39.750 260.474 50.963
202103 42.068 264.877 53.039
202106 42.783 271.696 52.586
202109 45.594 274.310 55.507
202112 52.832 278.802 63.283
202203 54.338 287.504 63.117
202206 54.445 296.311 61.361
202209 57.171 296.808 64.326
202212 58.017 296.797 65.280
202303 57.192 301.836 63.277
202306 55.075 305.109 60.281
202309 54.271 307.789 58.884
202312 57.576 306.746 62.683
202403 57.117 312.332 61.071
202406 58.577 314.175 62.264
202409 66.789 315.301 70.740
202412 63.172 315.605 66.844
202503 63.946 319.799 66.776
202506 62.482 322.561 64.689
202509 61.008 324.800 62.727
202512 63.145 324.054 65.074
202603 62.127 330.213 62.830
202606 63.583 333.952 63.583

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 2.84 mean?
Five9 (MEX:FIVN) has a Cyclically Adjusted PS Ratio of 2.84 as of Sep. 17, 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 44% below median its historical median of 5.10. 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 #1052 out of 1600 companies in the Software industry, placing it in the top 65.7%.
Is Five9's Cyclically Adjusted PS Ratio too high?
Five9's current Cyclically Adjusted PS Ratio of 2.84 is 44% below median its 10-year median of 5.10. 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 1.66. Five9's value of 2.84 is 71.1% above this industry median. Based on the distribution chart, Five9 ranks #1052 out of 1600 companies in the Software industry, which is below the industry midpoint. Overall, Five9 has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Five9's Cyclically Adjusted PS Ratio compare to NN and EEFT?
According to the Software industry distribution chart, Five9 ranks #1052 out of 1600 companies for Cyclically Adjusted PS Ratio. This places Five9 in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.66. Five9's value of 2.84 is 71.1% 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 5.10 vs. the industry median of 1.66, 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 1.66, based on 1,600 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 2.84 is 71.1% 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 Five9 and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.66 — 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 2.84, which is 44% below median its own 10-year median of 5.10. 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 Fairly Valued. The stock's GF Value™ is MXN533.71, compared to a current price of MXN550.00 — trading 3.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.84, which is 44% below median its 10-year median of 5.10 and 71.1% above the Software industry median of 1.66. Five9's overall GF Score™ is 72/100 with 9 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 2.84 as of Sep. 17, 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 overvalued. The current stock price of MXN550.00 is trading 3.1% above its estimated GF Value™ of MXN533.71. GuruFocus considers Five9 to be Fairly Valued.

Key valuation signals for MEX:FIVN:

  • Cyclically Adjusted PS Ratio: 2.84 (44% below median its 10-year median of 5.10)
  • GF Value™: MXN533.71 vs. price of MXN550.00 (3.1% above fair value)
  • GF Score™: 72/100 with 9 warning signs
  • Industry Position: 71.1% above the Software median (#1052 of 1600)

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.
72GF 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.

MXN550.00
Price
MXN533.71
GF Value