Fiserv (XTER:FIV) Cyclically Adjusted PS Ratio: (As of Aug. 08, 2026)

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.
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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.

XTER:FIV Fiserv Inc XTER:FIV
74 GF Score
Price €44.90
GF Value €149.24
Valuation Possible Value Trap
! 4 Warning Signs
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What is Fiserv Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fiserv  (XTER:FIV) 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.


Fiserv Cyclically Adjusted PS Ratio Related Terms


Fiserv Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Fiserv'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.

Fiserv Cyclically Adjusted PS Ratio Chart

Fiserv 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 6.54 5.43 6.28 8.57 2.49

Fiserv 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 6.71 4.87 2.49 1.99 1.70

XTER:FIV vs CTSH, FIS, BR: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Fiserv'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.


Fiserv Cyclically Adjusted PS Ratio vs Software Industry

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

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


XTER:FIV
74GF Score
Fiserv Inc XTER:FIV
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fiserv 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.

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

For example, Fiserv'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)
=8.607/333.9520*333.9520
=8.607

Current CPI (Jun. 2026) = 333.9520.

Fiserv Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.761 241.428 3.819
201612 3.083 241.432 4.264
201703 2.972 243.801 4.071
201706 2.852 244.955 3.888
201709 2.737 246.819 3.703
201712 3.014 246.524 4.083
201803 2.770 249.554 3.707
201806 2.919 251.989 3.868
201809 2.937 252.439 3.885
201812 3.366 251.233 4.474
201903 3.331 254.202 4.376
201906 3.349 256.143 4.366
201909 4.758 256.759 6.188
201912 5.240 256.974 6.810
202003 4.935 258.115 6.385
202006 4.520 257.797 5.855
202009 4.725 260.280 6.062
202012 4.623 260.474 5.927
202103 4.639 264.877 5.849
202106 4.998 271.696 6.143
202109 5.284 274.310 6.433
202112 5.673 278.802 6.795
202203 5.717 287.504 6.641
202206 6.469 296.311 7.291
202209 7.075 296.808 7.960
202212 6.846 296.797 7.703
202303 6.727 301.836 7.443
202306 7.089 305.109 7.759
202309 7.482 307.789 8.118
202312 7.481 306.746 8.145
202403 7.553 312.332 8.076
202406 8.105 314.175 8.615
202409 8.145 315.301 8.627
202412 8.778 315.605 9.288
202503 8.403 319.799 8.775
202506 8.653 322.561 8.959
202509 8.276 324.800 8.509
202512 8.403 324.054 8.660
202603 8.122 330.213 8.214
202606 8.607 333.952 8.607

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.

Is Fiserv (XTER:FIV) Overvalued in 2026?

Based on GuruFocus' analysis, Fiserv stock appears to be undervalued. The current stock price of €44.90 is trading 69.9% below its estimated GF Value™ of €149.24. GuruFocus considers Fiserv to be Possible Value Trap.

Key valuation signals for XTER:FIV:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €149.24 vs. price of €44.90 (69.9% below fair value)
  • GF Score™: 74/100 with 4 warning signs

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


Fiserv Business Description

Address 600 N. Vel R. Phillips Avenue, Milwaukee, WI, USA, 53203
Fiserv is a leading provider of core processing and complementary services, such as electronic funds transfer, payment processing, and loan processing, for US banks and credit unions, with a focus on small and midsize banks. Following its 2019 merger with First Data, Fiserv also provides payment processing services to merchants. About 10% of the company's revenue is generated internationally.
74GF Score

Get the complete analysis for XTER:FIV

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

€44.90
Price
€149.24
GF Value