UPLD (Upland Software) Cyclically Adjusted PS Ratio: 0.05 (As of Jul. 09, 2026) — 81% Below Median


UPLD Upland Software Inc UPLD
44 GF Score
Price $4.93
GF Value $18.74
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Upland Software Cyclically Adjusted PS Ratio?

Upland Software UPLD +4.12% 44 Cyclically Adjusted PS Ratio is 0.05 as of Jul. 09, 2026, which is 81% below its 10-year median of 0.27. GuruFocus rates UPLD with a GF Score™ of 44/100 and a GF Value™ of $18.74 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,585 Software companies, Upland Software ranks better than 97.6% on this metric.

As of today (2026-07-09), Upland Software's current share price is $4.925. Upland Software's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $101.34. Upland Software's Cyclically Adjusted PS Ratio for today is 0.05.

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

UPLD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.27   Max: 0.55
Current: 0.05

During the past years, Upland Software's highest Cyclically Adjusted PS Ratio was 0.55. The lowest was 0.04. And the median was 0.27.

UPLD's Cyclically Adjusted PS Ratio is ranked better than
97.6% of 1585 companies
in the Software industry
Industry Median: 1.63 vs UPLD: 0.05

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.

Upland Software's adjusted revenue per share data for the three months ended in Mar. 2026 was $16.698. 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 $101.34 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Upland Software  (NAS:UPLD) 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.


Upland Software Cyclically Adjusted PS Ratio Related Terms


Upland Software Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Upland Software'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.

Upland Software Cyclically Adjusted PS Ratio Chart

Upland Software 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 0.47 0.45 0.14

Upland Software 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 0.29 0.20 0.24 0.14 0.07

UPLD vs MYSE, NVNI, KNRX: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Upland Software'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.


Upland Software Cyclically Adjusted PS Ratio vs Software Industry

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

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


UPLD
44GF Score
Upland Software Inc UPLD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Upland Software 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.

Upland Software's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.925/101.34
=0.05

* 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.

Upland Software's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=16.698/330.2130*330.2130
=16.698

Current CPI (Mar. 2026) = 330.2130.

Upland Software Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 11.414 241.018 15.638
201609 11.522 241.428 15.759
201612 11.484 241.432 15.707
201703 12.229 243.801 16.563
201706 13.094 244.955 17.651
201709 13.453 246.819 17.998
201712 14.273 246.524 19.118
201803 15.999 249.554 21.170
201806 18.063 251.989 23.670
201809 18.489 252.439 24.185
201812 22.377 251.233 29.412
201903 23.725 254.202 30.819
201906 23.436 256.143 30.213
201909 22.411 256.759 28.822
201912 26.693 256.974 34.301
202003 27.311 258.115 34.940
202006 28.492 257.797 36.495
202009 27.253 260.280 34.575
202012 26.660 260.474 33.798
202103 24.681 264.877 30.769
202106 25.337 271.696 30.794
202109 24.993 274.310 30.086
202112 24.684 278.802 29.236
202203 25.262 287.504 29.015
202206 25.566 296.311 28.491
202209 25.126 296.808 27.954
202212 24.698 296.797 27.479
202303 23.886 301.836 26.132
202306 22.943 305.109 24.831
202309 22.750 307.789 24.407
202312 23.298 306.746 25.080
202403 24.459 312.332 25.859
202406 25.352 314.175 26.646
202409 24.438 315.301 25.594
202412 24.647 315.605 25.788
202503 22.557 319.799 23.292
202506 18.718 322.561 19.162
202509 17.556 324.800 17.849
202512 17.045 324.054 17.369
202603 16.698 330.213 16.698

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 0.05 mean?
Upland Software (UPLD) has a Cyclically Adjusted PS Ratio of 0.05 as of Jul. 09, 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 Upland Software and its competitors. This is 81% below median its historical median of 0.27. Over the past decade, Upland Software's Cyclically Adjusted PS Ratio has ranged from 0.04 to 0.55. According to the industry distribution chart, Upland Software ranks #38 out of 1585 companies in the Software industry, placing it in the top 2.4%.
Is Upland Software's Cyclically Adjusted PS Ratio too high?
Upland Software's current Cyclically Adjusted PS Ratio of 0.05 is 81% below median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.55. The Software industry median Cyclically Adjusted PS Ratio is 1.63. Upland Software's value of 0.05 is 96.9% below this industry median. Based on the distribution chart, Upland Software ranks #38 out of 1585 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Upland Software has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Upland Software's Cyclically Adjusted PS Ratio compare to MYSE and NVNI?
According to the Software industry distribution chart, Upland Software ranks #38 out of 1585 companies for Cyclically Adjusted PS Ratio. This places Upland Software in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.63. Upland Software's value of 0.05 is 96.9% below this benchmark. Historically, Upland Software's own Cyclically Adjusted PS Ratio has ranged from 0.04 to 0.55 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 1.63, Upland Software 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 a Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.63, based on 1,585 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. Upland Software's current Cyclically Adjusted PS Ratio of 0.05 is 96.9% 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 Upland Software and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Upland Software's current Cyclically Adjusted PS Ratio is 0.05, which is 81% below median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Upland Software stock overvalued right now?
Based on GuruFocus' analysis, Upland Software (UPLD) is currently considered Possible Value Trap. The stock's GF Value™ is $18.74, compared to a current price of $4.93 — trading 73.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.05, which is 81% below median its 10-year median of 0.27 and 96.9% below the Software industry median of 1.63. Upland Software's overall GF Score™ is 44/100 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 Upland Software (UPLD), the current Cyclically Adjusted PS Ratio is 0.05 as of Jul. 09, 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 Upland Software (UPLD) Overvalued in 2026?

Based on GuruFocus' analysis, Upland Software stock appears to be undervalued. The current stock price of $4.93 is trading 73.7% below its estimated GF Value™ of $18.74. GuruFocus considers Upland Software to be Possible Value Trap.

Key valuation signals for UPLD:

  • Cyclically Adjusted PS Ratio: 0.05 (81% below median its 10-year median of 0.27)
  • GF Value™: $18.74 vs. price of $4.93 (73.7% below fair value)
  • GF Score™: 44/100 with 5 warning signs
  • Industry Position: 96.9% below the Software median (#38 of 1585)

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


Upland Software Business Description

Address 401 Congress Avenue, Suite 1850, Frost Bank Tower, Austin, TX, USA, 78701-3788
Upland Software Inc is a software company. It provides cloud-based software applications in three categories: Knowledge Management that provides solutions designed to help organizations capture, organize, and distribute information to employees and customers. Content Lifecycle and Workflow Automation offers solutions that support document management, compliance, and process efficiency across various industries. Digital Marketing solutions that provides tools for audience engagement, campaign management, and content distribution across digital channels. Geographically, the company has operations in the U.S., United Kingdom and Canada, of which United States derives maximum revenue.
44GF Score

Get the complete analysis for UPLD

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

$4.93
Price
$18.74
GF Value