Blacklinefety (TSX:BLN) Cyclically Adjusted PS Ratio: 7.67 (As of Jul. 27, 2026) — 39% Below Median

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TSX:BLN Blackline Safety Corp TSX:BLN
76 GF Score
Price C$9.05
GF Value C$7.04
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Blacklinefety Cyclically Adjusted PS Ratio?

Blacklinefety TSX:BLN 76 Cyclically Adjusted PS Ratio is 7.67 as of Jul. 27, 2026, which is 39% below its 10-year median of 12.57. GuruFocus rates TSX:BLN with a GF Score™ of 76/100 and a GF Value™ of C$7.04 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,591 Software companies, Blacklinefety ranks worse than 88.31% on this metric.

As of today (2026-07-27), Blacklinefety's current share price is C$9.05. Blacklinefety's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was C$1.18. Blacklinefety's Cyclically Adjusted PS Ratio for today is 7.67.

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

TSX:BLN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.57   Med: 12.57   Max: 24.04
Current: 7.7

During the past years, Blacklinefety's highest Cyclically Adjusted PS Ratio was 24.04. The lowest was 2.57. And the median was 12.57.

TSX:BLN's Cyclically Adjusted PS Ratio is ranked worse than
88.31% of 1591 companies
in the Software industry
Industry Median: 1.59 vs TSX:BLN: 7.70

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.

Blacklinefety's adjusted revenue per share data for the three months ended in Apr. 2026 was C$0.509. 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 C$1.18 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Blacklinefety  (TSX:BLN) 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.


Blacklinefety Cyclically Adjusted PS Ratio Related Terms


Blacklinefety Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Blacklinefety'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.

Blacklinefety Cyclically Adjusted PS Ratio Chart

Blacklinefety Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.84 2.53 4.22 6.70 6.43

Blacklinefety Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 6.42 6.04 6.43 5.56 7.59

TSX:BLN vs UBER, SHOP, CRM: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Blacklinefety'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.


Blacklinefety Cyclically Adjusted PS Ratio vs Software Industry

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

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


TSX:BLN
76GF Score
Blackline Safety Corp TSX:BLN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blacklinefety 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.05/1.18
=7.67

* 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.

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

For example, Blacklinefety's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.509/132.7364*132.7364
=0.509

Current CPI (Apr. 2026) = 132.7364.

Blacklinefety Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 0.073 101.844 0.095
201610 0.073 102.002 0.095
201701 0.088 102.318 0.114
201704 0.086 103.029 0.111
201707 0.066 103.029 0.085
201710 0.123 103.424 0.158
201801 0.109 104.056 0.139
201804 0.093 105.320 0.117
201807 0.115 106.110 0.144
201810 0.134 105.952 0.168
201901 0.132 105.557 0.166
201904 0.173 107.453 0.214
201907 0.170 108.243 0.208
201910 0.225 107.927 0.277
202001 0.186 108.085 0.228
202004 0.176 107.216 0.218
202007 0.196 108.401 0.240
202010 0.221 108.638 0.270
202101 0.197 109.192 0.239
202104 0.215 110.851 0.257
202107 0.233 112.431 0.275
202110 0.559 113.695 0.653
202201 0.260 114.801 0.301
202204 0.276 118.357 0.310
202207 0.306 120.964 0.336
202210 0.319 121.517 0.348
202301 0.292 121.596 0.319
202304 0.334 123.571 0.359
202307 0.343 124.914 0.364
202310 0.416 125.310 0.441
202401 0.362 125.072 0.384
202404 0.433 126.890 0.453
202407 0.434 128.075 0.450
202410 0.437 127.838 0.454
202501 0.458 127.443 0.477
202504 0.416 129.102 0.428
202507 0.434 130.290 0.442
202510 0.452 130.603 0.459
202601 0.447 130.366 0.455
202604 0.509 132.736 0.509

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 7.67 mean?
Blacklinefety (TSX:BLN) has a Cyclically Adjusted PS Ratio of 7.67 as of Jul. 27, 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 Blacklinefety and its competitors. This is 39% below median its historical median of 12.57. Over the past decade, Blacklinefety's Cyclically Adjusted PS Ratio has ranged from 2.57 to 24.04. According to the industry distribution chart, Blacklinefety ranks #1405 out of 1591 companies in the Software industry, placing it in the top 88.3%.
Is Blacklinefety's Cyclically Adjusted PS Ratio too high?
Blacklinefety's current Cyclically Adjusted PS Ratio of 7.67 is 39% below median its 10-year median of 12.57. Over the past 10 years, this metric has ranged from a low of 2.57 to a high of 24.04. The Software industry median Cyclically Adjusted PS Ratio is 1.59. Blacklinefety's value of 7.67 is 382.4% above this industry median. Based on the distribution chart, Blacklinefety ranks #1405 out of 1591 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Blacklinefety has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Blacklinefety's Cyclically Adjusted PS Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Blacklinefety ranks #1405 out of 1591 companies for Cyclically Adjusted PS Ratio. This places Blacklinefety in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.59. Blacklinefety's value of 7.67 is 382.4% above this benchmark. Historically, Blacklinefety's own Cyclically Adjusted PS Ratio has ranged from 2.57 to 24.04 over the past decade. While the company's 10-year median is 12.57 vs. the industry median of 1.59, Blacklinefety 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 1.59, based on 1,591 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. Blacklinefety's current Cyclically Adjusted PS Ratio of 7.67 is 382.4% 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 Blacklinefety and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blacklinefety's current Cyclically Adjusted PS Ratio is 7.67, which is 39% below median its own 10-year median of 12.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blacklinefety stock overvalued right now?
Based on GuruFocus' analysis, Blacklinefety (TSX:BLN) is currently considered Modestly Overvalued. The stock's GF Value™ is C$7.04, compared to a current price of C$9.05 — trading 28.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.67, which is 39% below median its 10-year median of 12.57 and 382.4% above the Software industry median of 1.59. Blacklinefety's overall GF Score™ is 76/100 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 Blacklinefety (TSX:BLN), the current Cyclically Adjusted PS Ratio is 7.67 as of Jul. 27, 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 Blacklinefety (TSX:BLN) Overvalued in 2026?

Based on GuruFocus' analysis, Blacklinefety stock appears to be overvalued. The current stock price of C$9.05 is trading 28.6% above its estimated GF Value™ of C$7.04. GuruFocus considers Blacklinefety to be Modestly Overvalued.

Key valuation signals for TSX:BLN:

  • Cyclically Adjusted PS Ratio: 7.67 (39% below median its 10-year median of 12.57)
  • GF Value™: C$7.04 vs. price of C$9.05 (28.6% above fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 382.4% above the Software median (#1405 of 1591)

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


Blacklinefety Business Description

Other Exchanges BLKLF:USA
Address 803-24 Avenue S.E, Unit 100, Calgary, AB, CAN, T2G 1P5
Blackline Safety Corp is a connected safety monitoring technology company. The company develops, manufactures, and markets products and services that empower businesses with real-time safety insights to manage emergency responses, evacuations, and gas detection compliance programs. Its operating segments include the Product segment and the Service segment which generates the majority of the revenue for the company. Service revenues relate to connectivity, monitoring and data services that it provides to the customers of its safety devices and includes access to the Blackline Safety Cloud, compliance and analytics reports, SOC monitoring, two-way voice functionality and push to talk capability. Geographically, it derives revenue from Canada, Europe, United States and Rest of the World.
76GF Score

Get the complete analysis for TSX:BLN

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

C$9.05
Price
C$7.04
GF Value