PERI (Perion Network) Cyclically Adjusted PS Ratio: 0.66 (As of Sep. 04, 2026) — 11% Below Median

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PERI Perion Network Ltd PERI
69 GF Score
Price $9.23
GF Value $11.55
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Perion Network Cyclically Adjusted PS Ratio?

Perion Network PERI -1.81% 69 Cyclically Adjusted PS Ratio is 0.66 as of Sep. 04, 2026, which is 11% below its 10-year median of 0.74. GuruFocus rates PERI with a GF Score™ of 69/100 and a GF Value™ of $11.55 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 335 Interactive Media companies, Perion Network ranks better than 66.87% on this metric.

As of today (2026-09-04), Perion Network's current share price is $9.23. Perion Network's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $14.05. Perion Network's Cyclically Adjusted PS Ratio for today is 0.66.

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

PERI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.74   Max: 3.36
Current: 0.69

During the past years, Perion Network's highest Cyclically Adjusted PS Ratio was 3.36. The lowest was 0.20. And the median was 0.74.

PERI's Cyclically Adjusted PS Ratio is ranked better than
66.87% of 335 companies
in the Interactive Media industry
Industry Median: 1.33 vs PERI: 0.69

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.

Perion Network's adjusted revenue per share data for the three months ended in Jun. 2026 was $2.656. 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 $14.05 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Perion Network  (NAS:PERI) 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.


Perion Network Cyclically Adjusted PS Ratio Related Terms


Perion Network Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Perion Network'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.

Perion Network Cyclically Adjusted PS Ratio Chart

Perion Network 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 1.73 1.99 2.59 0.77 0.74

Perion Network 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 0.84 0.78 0.74 0.77 0.69

PERI vs GOOGL, META, SPOT: Cyclically Adjusted PS Ratio Comparison

For the Internet Content & Information subindustry, Perion Network'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.


Perion Network Cyclically Adjusted PS Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Perion Network's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


PERI
69GF Score
Perion Network Ltd PERI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Perion Network 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.

Perion Network's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.23/14.05
=0.66

* 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.

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

For example, Perion Network'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)
=2.656/333.9520*333.9520
=2.656

Current CPI (Jun. 2026) = 333.9520.

Perion Network Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.873 241.428 3.974
201612 3.270 241.432 4.523
201703 2.399 243.801 3.286
201706 2.696 244.955 3.676
201709 2.427 246.819 3.284
201712 2.990 246.524 4.050
201803 2.356 249.554 3.153
201806 2.377 251.989 3.150
201809 2.164 252.439 2.863
201812 2.784 251.233 3.701
201903 2.080 254.202 2.733
201906 2.455 256.143 3.201
201909 2.446 256.759 3.181
201912 2.870 256.974 3.730
202003 2.341 258.115 3.029
202006 2.266 257.797 2.935
202009 2.944 260.280 3.777
202012 3.911 260.474 5.014
202103 2.507 264.877 3.161
202106 2.957 271.696 3.635
202109 3.196 274.310 3.891
202112 3.880 278.802 4.648
202203 2.665 287.504 3.096
202206 3.101 296.311 3.495
202209 3.305 296.808 3.719
202212 4.227 296.797 4.756
202303 2.934 301.836 3.246
202306 3.596 305.109 3.936
202309 3.686 307.789 3.999
202312 4.611 306.746 5.020
202403 3.186 312.332 3.407
202406 2.230 314.175 2.370
202409 2.113 315.301 2.238
202412 2.653 315.605 2.807
202503 1.991 319.799 2.079
202506 2.450 322.561 2.537
202509 2.664 324.800 2.739
202512 3.423 324.054 3.528
202603 2.311 330.213 2.337
202606 2.656 333.952 2.656

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 0.66 mean?
Perion Network (PERI) has a Cyclically Adjusted PS Ratio of 0.66 as of Sep. 04, 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 Perion Network and its competitors. This is 11% below median its historical median of 0.74. Over the past decade, Perion Network's Cyclically Adjusted PS Ratio has ranged from 0.20 to 3.36. According to the industry distribution chart, Perion Network ranks #111 out of 335 companies in the Interactive Media industry, placing it in the top 33.1%.
Is Perion Network's Cyclically Adjusted PS Ratio too high?
Perion Network's current Cyclically Adjusted PS Ratio of 0.66 is 11% below median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 3.36. The Interactive Media industry median Cyclically Adjusted PS Ratio is 1.33. Perion Network's value of 0.66 is 50.4% below this industry median. Based on the distribution chart, Perion Network ranks #111 out of 335 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Perion Network has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Perion Network's Cyclically Adjusted PS Ratio compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Perion Network ranks #111 out of 335 companies for Cyclically Adjusted PS Ratio. This puts Perion Network in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.33. Perion Network's value of 0.66 is 50.4% below this benchmark. Historically, Perion Network's own Cyclically Adjusted PS Ratio has ranged from 0.20 to 3.36 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 1.33, Perion Network has consistently been below 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 an Interactive Media company?
The median Cyclically Adjusted PS Ratio among Interactive Media companies is 1.33, based on 335 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. Perion Network's current Cyclically Adjusted PS Ratio of 0.66 is 50.4% below 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 Perion Network and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PS Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perion Network's current Cyclically Adjusted PS Ratio is 0.66, which is 11% below median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perion Network stock overvalued right now?
Based on GuruFocus' analysis, Perion Network (PERI) is currently considered Modestly Undervalued. The stock's GF Value™ is $11.55, compared to a current price of $9.23 — trading 20.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.66, which is 11% below median its 10-year median of 0.74 and 50.4% below the Interactive Media industry median of 1.33. Perion Network's overall GF Score™ is 69/100 with 2 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 Perion Network (PERI), the current Cyclically Adjusted PS Ratio is 0.66 as of Sep. 04, 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 Perion Network (PERI) Overvalued in 2026?

Based on GuruFocus' analysis, Perion Network stock appears to be undervalued. The current stock price of $9.23 is trading 20.1% below its estimated GF Value™ of $11.55. GuruFocus considers Perion Network to be Modestly Undervalued.

Key valuation signals for PERI:

  • Cyclically Adjusted PS Ratio: 0.66 (11% below median its 10-year median of 0.74)
  • GF Value™: $11.55 vs. price of $9.23 (20.1% below fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 50.4% below the Interactive Media median (#111 of 335)

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


Perion Network Business Description

Other Exchanges PERI:IsraelIW2:Germany
Address 2 Leonardo Da Vinci Street, Tel Aviv, ISR, 6473309
Perion Network Ltd is a technology company. It offers online advertising and search solutions to brands, agencies, and publishers through desktop, mobile, and social channels. It connects advertisers to consumers across digital advertising channels, including search advertising, social, display, video, digital audio, digital out of home (DOOH), and Connected TV (CTV) advertising. The company earns prime revenue from search advertising and display advertising services. It operates in the business segment of High Impact Advertising solutions. Geographically, the company generates a majority of its revenue from the United States and the rest from other regions.
69GF Score

Get the complete analysis for PERI

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

$9.23
Price
$11.55
GF Value