Cloudflare (MEX:NET) Cyclically Adjusted PS Ratio: 77.88 (As of Jul. 05, 2026) — 25% Above Median


MEX:NET Cloudflare Inc MEX:NET
63 GF Score
Price MXN4,200.00
GF Value MXN2,970.89
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Cloudflare Cyclically Adjusted PS Ratio?

Cloudflare MEX:NET 63 Cyclically Adjusted PS Ratio is 77.88 as of Jul. 05, 2026, which is 25% above its 10-year median of 62.22. GuruFocus rates MEX:NET with a GF Score™ of 63/100 and a GF Value™ of MXN2,970.89 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,583 Software companies, Cloudflare ranks worse than 99.81% on this metric.

As of today (2026-07-05), Cloudflare's current share price is MXN4200.00. Cloudflare's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was MXN53.93. Cloudflare's Cyclically Adjusted PS Ratio for today is 77.88.

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

MEX:NET' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 58.17   Med: 62.22   Max: 81.98
Current: 81.98

During the past 10 years, Cloudflare's highest Cyclically Adjusted PS Ratio was 81.98. The lowest was 58.17. And the median was 62.22.

MEX:NET's Cyclically Adjusted PS Ratio is ranked worse than
99.81% of 1583 companies
in the Software industry
Industry Median: 1.64 vs MEX:NET: 81.98

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.

Cloudflare's adjusted revenue per share data of for the fiscal year that ended in Dec25 was MXN112.035. 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 MXN53.93 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cloudflare  (MEX:NET) 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.


Cloudflare Cyclically Adjusted PS Ratio Related Terms


Cloudflare Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Cloudflare'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.

Cloudflare Cyclically Adjusted PS Ratio Chart

Cloudflare 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 66.67

Cloudflare 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 0.00 0.00 0.00 66.67 0.00

MEX:NET vs SNPS, FTNT, CRWV: Cyclically Adjusted PS Ratio Comparison

For the Software - Infrastructure subindustry, Cloudflare'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.


Cloudflare Cyclically Adjusted PS Ratio vs Software Industry

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

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


MEX:NET
63GF Score
Cloudflare Inc MEX:NET
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cloudflare 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4200.00/53.93
=77.88

* 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.

Cloudflare's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Cloudflare's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=112.035/324.0540*324.0540
=112.035

Current CPI (Dec25) = 324.0540.

Cloudflare Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 7.366 241.432 9.887
201712 10.553 246.524 13.872
201812 46.717 251.233 60.258
201912 36.999 256.974 46.657
202012 28.604 260.474 35.586
202112 43.116 278.802 50.114
202212 58.264 296.797 63.615
202312 65.970 306.746 69.692
202412 101.992 315.605 104.722
202512 112.035 324.054 112.035

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 77.88 mean?
Cloudflare (MEX:NET) has a Cyclically Adjusted PS Ratio of 77.88 as of Jul. 05, 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 Cloudflare and its competitors. This is 25% above median its historical median of 62.22. Over the past decade, Cloudflare's Cyclically Adjusted PS Ratio has ranged from 58.17 to 81.98. According to the industry distribution chart, Cloudflare ranks #1580 out of 1583 companies in the Software industry, placing it in the top 99.8%.
Is Cloudflare's Cyclically Adjusted PS Ratio too high?
Cloudflare's current Cyclically Adjusted PS Ratio of 77.88 is 25% above median its 10-year median of 62.22. Over the past 10 years, this metric has ranged from a low of 58.17 to a high of 81.98. The Software industry median Cyclically Adjusted PS Ratio is 1.64. Cloudflare's value of 77.88 is 4648.8% above this industry median. Based on the distribution chart, Cloudflare ranks #1580 out of 1583 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Cloudflare has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cloudflare's Cyclically Adjusted PS Ratio compare to SNPS and FTNT?
According to the Software industry distribution chart, Cloudflare ranks #1580 out of 1583 companies for Cyclically Adjusted PS Ratio. This places Cloudflare in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.64. Cloudflare's value of 77.88 is 4648.8% above this benchmark. Historically, Cloudflare's own Cyclically Adjusted PS Ratio has ranged from 58.17 to 81.98 over the past decade. While the company's 10-year median is 62.22 vs. the industry median of 1.64, Cloudflare 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 1.64, based on 1,583 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. Cloudflare's current Cyclically Adjusted PS Ratio of 77.88 is 4648.8% 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 Cloudflare and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cloudflare's current Cyclically Adjusted PS Ratio is 77.88, which is 25% above median its own 10-year median of 62.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cloudflare stock overvalued right now?
Based on GuruFocus' analysis, Cloudflare (MEX:NET) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN2,970.89, compared to a current price of MXN4,200.00 — trading 41.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 77.88, which is 25% above median its 10-year median of 62.22 and 4648.8% above the Software industry median of 1.64. Cloudflare's overall GF Score™ is 63/100 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 Cloudflare (MEX:NET), the current Cyclically Adjusted PS Ratio is 77.88 as of Jul. 05, 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 Cloudflare (MEX:NET) Overvalued in 2026?

Based on GuruFocus' analysis, Cloudflare stock appears to be overvalued. The current stock price of MXN4,200.00 is trading 41.4% above its estimated GF Value™ of MXN2,970.89. GuruFocus considers Cloudflare to be Modestly Overvalued.

Key valuation signals for MEX:NET:

  • Cyclically Adjusted PS Ratio: 77.88 (25% above median its 10-year median of 62.22)
  • GF Value™: MXN2,970.89 vs. price of MXN4,200.00 (41.4% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 4648.8% above the Software median (#1580 of 1583)

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


Cloudflare Business Description

Address 101 Townsend Street, San Francisco, CA, USA, 94107
Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm's edge computing platform, Workers, builds on this infrastructure by enabling clients to deploy and run code without the need to manage or maintain servers.
63GF Score

Get the complete analysis for MEX:NET

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

MXN4,200.00
Price
MXN2,970.89
GF Value