Akamai Technologies (MIL:1AKAM) Cyclically Adjusted PS Ratio: 4.08 (As of Sep. 15, 2026) — 34% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

MIL:1AKAM Akamai Technologies Inc MIL:1AKAM
66 GF Score
Price €90.20
GF Value €97.57
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Akamai Technologies Cyclically Adjusted PS Ratio?

Akamai Technologies MIL:1AKAM 66 Cyclically Adjusted PS Ratio is 4.08 as of Sep. 15, 2026, which is 34% below its 10-year median of 6.22. GuruFocus rates MIL:1AKAM with a GF Score™ of 66/100 and a GF Value™ of €97.57 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,600 Software companies, Akamai Technologies ranks worse than 74.63% on this metric.

As of today (2026-09-15), Akamai Technologies's current share price is €90.20. Akamai Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €22.12. Akamai Technologies's Cyclically Adjusted PS Ratio for today is 4.08.

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

MIL:1AKAM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.09   Med: 6.22   Max: 9.13
Current: 4.31

During the past years, Akamai Technologies's highest Cyclically Adjusted PS Ratio was 9.13. The lowest was 3.09. And the median was 6.22.

MIL:1AKAM's Cyclically Adjusted PS Ratio is ranked worse than
74.63% of 1600 companies
in the Software industry
Industry Median: 1.66 vs MIL:1AKAM: 4.31

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.

Akamai Technologies's adjusted revenue per share data for the three months ended in Jun. 2026 was €6.154. 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 €22.12 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Akamai Technologies  (MIL:1AKAM) 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.


Akamai Technologies Cyclically Adjusted PS Ratio Related Terms


Akamai Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Akamai Technologies'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.

Akamai Technologies Cyclically Adjusted PS Ratio Chart

Akamai Technologies 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 4.72 3.67

Akamai Technologies 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 3.28 3.12 3.65 4.51 4.69

MIL:1AKAM vs CHKP, DOCN, GDDY: Cyclically Adjusted PS Ratio Comparison

For the Software - Infrastructure subindustry, Akamai Technologies'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.


Akamai Technologies Cyclically Adjusted PS Ratio vs Software Industry

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

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


MIL:1AKAM
66GF Score
Akamai Technologies Inc MIL:1AKAM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Akamai Technologies 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.

Akamai Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=90.20/22.122
=4.08

* 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.

Akamai Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Akamai Technologies'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)
=6.154/333.9520*333.9520
=6.154

Current CPI (Jun. 2026) = 333.9520.

Akamai Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.980 241.428 4.122
201612 3.260 241.432 4.509
201703 3.215 243.801 4.404
201706 3.174 244.955 4.327
201709 3.102 246.819 4.197
201712 3.276 246.524 4.438
201803 3.163 249.554 4.233
201806 3.228 251.989 4.278
201809 3.429 252.439 4.536
201812 3.800 251.233 5.051
201903 3.776 254.202 4.961
201906 3.803 256.143 4.958
201909 3.880 256.759 5.046
201912 4.254 256.974 5.528
202003 4.238 258.115 5.483
202006 4.380 257.797 5.674
202009 4.076 260.280 5.230
202012 4.279 260.474 5.486
202103 4.223 264.877 5.324
202106 4.258 271.696 5.234
202109 4.388 274.310 5.342
202112 4.802 278.802 5.752
202203 4.923 287.504 5.718
202206 5.242 296.311 5.908
202209 5.504 296.808 6.193
202212 5.780 296.797 6.504
202303 5.466 301.836 6.048
202306 5.603 305.109 6.133
202309 5.727 307.789 6.214
202312 5.894 306.746 6.417
202403 5.775 312.332 6.175
202406 5.924 314.175 6.297
202409 5.968 315.301 6.321
202412 6.246 315.605 6.609
202503 6.385 319.799 6.668
202506 6.338 322.561 6.562
202509 6.232 324.800 6.408
202512 6.401 324.054 6.597
202603 6.117 330.213 6.186
202606 6.154 333.952 6.154

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 4.08 mean?
Akamai Technologies (MIL:1AKAM) has a Cyclically Adjusted PS Ratio of 4.08 as of Sep. 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 Akamai Technologies and its competitors. This is 34% below median its historical median of 6.22. Over the past decade, Akamai Technologies' Cyclically Adjusted PS Ratio has ranged from 3.09 to 9.13. According to the industry distribution chart, Akamai Technologies ranks #1194 out of 1600 companies in the Software industry, placing it in the top 74.6%.
Is Akamai Technologies' Cyclically Adjusted PS Ratio too high?
Akamai Technologies' current Cyclically Adjusted PS Ratio of 4.08 is 34% below median its 10-year median of 6.22. Over the past 10 years, this metric has ranged from a low of 3.09 to a high of 9.13. The Software industry median Cyclically Adjusted PS Ratio is 1.66. Akamai Technologies' value of 4.08 is 145.8% above this industry median. Based on the distribution chart, Akamai Technologies ranks #1194 out of 1600 companies in the Software industry, which is below the industry midpoint. Overall, Akamai Technologies has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Akamai Technologies' Cyclically Adjusted PS Ratio compare to CHKP and DOCN?
According to the Software industry distribution chart, Akamai Technologies ranks #1194 out of 1600 companies for Cyclically Adjusted PS Ratio. This places Akamai Technologies in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.66. Akamai Technologies' value of 4.08 is 145.8% above this benchmark. Historically, Akamai Technologies' own Cyclically Adjusted PS Ratio has ranged from 3.09 to 9.13 over the past decade. While the company's 10-year median is 6.22 vs. the industry median of 1.66, Akamai Technologies 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. Akamai Technologies's current Cyclically Adjusted PS Ratio of 4.08 is 145.8% 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 Akamai Technologies 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. Akamai Technologies's current Cyclically Adjusted PS Ratio is 4.08, which is 34% below median its own 10-year median of 6.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akamai Technologies stock overvalued right now?
Based on GuruFocus' analysis, Akamai Technologies (MIL:1AKAM) is currently considered Fairly Valued. The stock's GF Value™ is €97.57, compared to a current price of €90.20 — trading 7.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.08, which is 34% below median its 10-year median of 6.22 and 145.8% above the Software industry median of 1.66. Akamai Technologies' overall GF Score™ is 66/100 with 5 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 Akamai Technologies (MIL:1AKAM), the current Cyclically Adjusted PS Ratio is 4.08 as of Sep. 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 Akamai Technologies (MIL:1AKAM) Overvalued in 2026?

Based on GuruFocus' analysis, Akamai Technologies stock appears to be undervalued. The current stock price of €90.20 is trading 7.6% below its estimated GF Value™ of €97.57. GuruFocus considers Akamai Technologies to be Fairly Valued.

Key valuation signals for MIL:1AKAM:

  • Cyclically Adjusted PS Ratio: 4.08 (34% below median its 10-year median of 6.22)
  • GF Value™: €97.57 vs. price of €90.20 (7.6% below fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 145.8% above the Software median (#1194 of 1600)

No single metric tells the full story. See the MIL:1AKAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Akamai Technologies Business Description

Address 145 Broadway, Cambridge, MA, USA, 02142
Akamai operates a content delivery network, in which customers store content on distributed servers to deliver it to their own customers more quickly. Akamai has over 350,000 servers distributed over 4,350 points of presence in more than 700 cities globally. This network supports upward of 20% of global internet traffic, generating massive amounts of data. Using data generated by the delivery network, the firm offers cybersecurity products and cloud computing services, ranging from API security to zero-trust enterprise access, which has surpassed the delivery network in revenue and importance. As of 2026, the primary focus has shifted to offering computing hardware as a service, with an emphasis on serving large language model providers such as Anthropic.
66GF Score

Get the complete analysis for MIL:1AKAM

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

€90.20
Price
€97.57
GF Value