WFCF (Where Food Comes From) Cyclically Adjusted PS Ratio: 2.93 (As of Jul. 11, 2026) — 34% Below Median


WFCF Where Food Comes From Inc WFCF
81 GF Score
Price $12.42
GF Value $12.44
Valuation Fairly Valued
! 3 Warning Signs
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What is Where Food Comes From Cyclically Adjusted PS Ratio?

Where Food Comes From WFCF -5.48% 81 Cyclically Adjusted PS Ratio is 2.93 as of Jul. 11, 2026, which is 34% below its 10-year median of 4.43. GuruFocus rates WFCF with a GF Score™ of 81/100 and a GF Value™ of $12.44 (Fairly Valued). The stock has 3 warning signs investors should review. Among 718 Business Services companies, Where Food Comes From ranks worse than 82.03% on this metric.

As of today (2026-07-11), Where Food Comes From's current share price is $12.42. Where Food Comes From's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $4.24. Where Food Comes From's Cyclically Adjusted PS Ratio for today is 2.93.

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

WFCF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.18   Med: 4.43   Max: 10.94
Current: 2.93

During the past years, Where Food Comes From's highest Cyclically Adjusted PS Ratio was 10.94. The lowest was 2.18. And the median was 4.43.

WFCF's Cyclically Adjusted PS Ratio is ranked worse than
82.03% of 718 companies
in the Business Services industry
Industry Median: 0.895 vs WFCF: 2.93

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.

Where Food Comes From's adjusted revenue per share data for the three months ended in Mar. 2026 was $1.058. 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 $4.24 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Where Food Comes From  (NAS:WFCF) 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.


Where Food Comes From Cyclically Adjusted PS Ratio Related Terms


Where Food Comes From Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Where Food Comes From'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.

Where Food Comes From Cyclically Adjusted PS Ratio Chart

Where Food Comes From 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 5.76 4.70 4.00 3.51 2.80

Where Food Comes From 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 2.86 2.78 3.26 2.80 3.14

WFCF vs ANPA, DLHC, TISI: Cyclically Adjusted PS Ratio Comparison

For the Specialty Business Services subindustry, Where Food Comes From'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.


Where Food Comes From Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Where Food Comes From's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Where Food Comes From's Cyclically Adjusted PS Ratio falls into.


WFCF
81GF Score
Where Food Comes From Inc WFCF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Where Food Comes From 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.

Where Food Comes From's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.42/4.24
=2.93

* 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.

Where Food Comes From's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Where Food Comes From'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)
=1.058/330.2130*330.2130
=1.058

Current CPI (Mar. 2026) = 330.2130.

Where Food Comes From Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.467 241.018 0.640
201609 0.559 241.428 0.765
201612 0.505 241.432 0.691
201703 0.496 243.801 0.672
201706 0.564 244.955 0.760
201709 0.761 246.819 1.018
201712 0.666 246.524 0.892
201803 0.583 249.554 0.771
201806 0.713 251.989 0.934
201809 0.818 252.439 1.070
201812 0.735 251.233 0.966
201903 0.634 254.202 0.824
201906 0.785 256.143 1.012
201909 0.998 256.759 1.284
201912 0.914 256.974 1.174
202003 0.627 258.115 0.802
202006 0.706 257.797 0.904
202009 0.996 260.280 1.264
202012 0.907 260.474 1.150
202103 0.713 264.877 0.889
202106 0.831 271.696 1.010
202109 1.063 274.310 1.280
202112 0.949 278.802 1.124
202203 1.001 287.504 1.150
202206 0.875 296.311 0.975
202209 1.208 296.808 1.344
202212 1.044 296.797 1.162
202303 0.908 301.836 0.993
202306 1.068 305.109 1.156
202309 1.239 307.789 1.329
202312 1.298 306.746 1.397
202403 1.015 312.332 1.073
202406 1.187 314.175 1.248
202409 1.327 315.301 1.390
202412 1.309 315.605 1.370
202503 1.008 319.799 1.041
202506 1.242 322.561 1.271
202509 1.324 324.800 1.346
202512 1.151 324.054 1.173
202603 1.058 330.213 1.058

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 2.93 mean?
Where Food Comes From (WFCF) has a Cyclically Adjusted PS Ratio of 2.93 as of Jul. 11, 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 Where Food Comes From and its competitors. This is 34% below median its historical median of 4.43. Over the past decade, Where Food Comes From's Cyclically Adjusted PS Ratio has ranged from 2.18 to 10.94. According to the industry distribution chart, Where Food Comes From ranks #589 out of 718 companies in the Business Services industry, placing it in the top 82%.
Is Where Food Comes From's Cyclically Adjusted PS Ratio too high?
Where Food Comes From's current Cyclically Adjusted PS Ratio of 2.93 is 34% below median its 10-year median of 4.43. Over the past 10 years, this metric has ranged from a low of 2.18 to a high of 10.94. The Business Services industry median Cyclically Adjusted PS Ratio is 0.90. Where Food Comes From's value of 2.93 is 227.4% above this industry median. Based on the distribution chart, Where Food Comes From ranks #589 out of 718 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Where Food Comes From has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Where Food Comes From's Cyclically Adjusted PS Ratio compare to ANPA and DLHC?
According to the Business Services industry distribution chart, Where Food Comes From ranks #589 out of 718 companies for Cyclically Adjusted PS Ratio. This places Where Food Comes From in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.90. Where Food Comes From's value of 2.93 is 227.4% above this benchmark. Historically, Where Food Comes From's own Cyclically Adjusted PS Ratio has ranged from 2.18 to 10.94 over the past decade. While the company's 10-year median is 4.43 vs. the industry median of 0.90, Where Food Comes From 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.90, based on 718 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. Where Food Comes From's current Cyclically Adjusted PS Ratio of 2.93 is 227.4% 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 Where Food Comes From and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Where Food Comes From's current Cyclically Adjusted PS Ratio is 2.93, which is 34% below median its own 10-year median of 4.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Where Food Comes From stock overvalued right now?
Based on GuruFocus' analysis, Where Food Comes From (WFCF) is currently considered Fairly Valued. The stock's GF Value™ is $12.44, compared to a current price of $12.42 — trading 0.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.93, which is 34% below median its 10-year median of 4.43 and 227.4% above the Business Services industry median of 0.90. Where Food Comes From's overall GF Score™ is 81/100 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 Where Food Comes From (WFCF), the current Cyclically Adjusted PS Ratio is 2.93 as of Jul. 11, 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 Where Food Comes From (WFCF) Overvalued in 2026?

Based on GuruFocus' analysis, Where Food Comes From stock appears to be undervalued. The current stock price of $12.42 is trading 0.2% below its estimated GF Value™ of $12.44. GuruFocus considers Where Food Comes From to be Fairly Valued.

Key valuation signals for WFCF:

  • Cyclically Adjusted PS Ratio: 2.93 (34% below median its 10-year median of 4.43)
  • GF Value™: $12.44 vs. price of $12.42 (0.2% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 227.4% above the Business Services median (#589 of 718)

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


Where Food Comes From Business Description

Address 202 6th Street, Suite 400, Castle Rock, CO, USA, 80104
Where Food Comes From Inc is a third-party food verification company conducting both on-site and desk audits to verify that claims being made about livestock, food, other high-value specialty crops and agricultural and aquaculture products are accurate. The company supports farmers, ranchers, vineyards, wineries, processors, retailers, distributors, trade associations, and restaurants with a wide variety of value-added services provided through its family of verifiers, including International Certification Services, Validus Verification Services, and others. It also provides a wide range of professional consulting services. It generates the majority of its revenue from Verification and certification services.
81GF Score

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

$12.42
Price
$12.44
GF Value