Paycom Software (MEX:PAYC) Cyclically Adjusted Revenue per Share: MXN447.08 (As of Jun. 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.
Reviewed by: Charlie Tian Charlie Tian
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.

MEX:PAYC Paycom Software Inc MEX:PAYC
97 GF Score
Price MXN4,120.00
GF Value MXN4,852.88
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Paycom Software Cyclically Adjusted Revenue per Share?

Paycom Software MEX:PAYC 97 Cyclically Adjusted Revenue per Share is MXN447.08 as of Jun. 2026. GuruFocus rates MEX:PAYC with a GF Score™ of 97/100 and a GF Value™ of MXN4,852.88 (Modestly Undervalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Paycom Software's adjusted revenue per share for the three months ended in Jun. 2026 was MXN201.915. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is MXN447.08 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Paycom Software's average Cyclically Adjusted Revenue Growth Rate was 21.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 23.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Paycom Software was 23.50% per year. The lowest was 23.50% per year. And the median was 23.50% per year.

As of today (2026-09-05), Paycom Software's current stock price is MXN4120.00. Paycom Software's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN447.08. Paycom Software's Cyclically Adjusted PS Ratio of today is 9.22.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Paycom Software was 31.11. The lowest was 5.01. And the median was 12.10.


Paycom Software  (MEX:PAYC) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Paycom Software's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4120.00/447.08
=9.22

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Paycom Software was 31.11. The lowest was 5.01. And the median was 12.10.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Paycom Software Cyclically Adjusted Revenue per Share Related Terms


Paycom Software Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Paycom Software's Cyclically Adjusted Revenue per Share 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.

Paycom Software Cyclically Adjusted Revenue per Share Chart

Paycom Software Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 215.39 232.30 401.04 396.88

Paycom Software Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue per Share 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 380.55 416.95 396.88 431.80 447.08

MEX:PAYC vs ESTC, BSY, PCOR: Cyclically Adjusted Revenue per Share Comparison

For the Software - Application subindustry, Paycom 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.


Paycom Software Cyclically Adjusted PS Ratio vs Software Industry

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

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


MEX:PAYC
97GF Score
Paycom Software Inc MEX:PAYC
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Paycom Software Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Paycom Software'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)
=201.915/333.9520*333.9520
=201.915

Current CPI (Jun. 2026) = 333.9520.

Paycom Software Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 25.381 241.428 35.108
201612 30.431 241.432 42.093
201703 38.448 243.801 52.665
201706 30.188 244.955 41.156
201709 31.222 246.819 42.244
201712 38.188 246.524 51.731
201803 47.605 249.554 63.705
201806 43.100 251.989 57.119
201809 42.585 252.439 56.336
201812 50.756 251.233 67.468
201903 66.508 254.202 87.373
201906 55.681 256.143 72.595
201909 59.178 256.759 76.969
201912 62.492 256.974 81.212
202003 97.246 258.115 125.818
202006 71.972 257.797 93.233
202009 74.635 260.280 95.760
202012 75.512 260.474 96.813
202103 95.284 264.877 120.132
202106 82.975 271.696 101.988
202109 90.529 274.310 110.212
202112 100.471 278.802 120.345
202203 120.904 287.504 140.437
202206 109.802 296.311 123.750
202209 115.827 296.808 130.322
202212 124.097 296.797 139.632
202303 140.380 301.836 155.317
202306 118.503 305.109 129.705
202309 122.095 307.789 132.473
202312 127.565 306.746 138.879
202403 146.581 312.332 156.728
202406 141.182 314.175 150.069
202409 158.894 315.301 168.293
202412 183.940 315.605 194.633
202503 192.772 319.799 201.303
202506 161.165 322.561 166.856
202509 160.447 324.800 164.968
202512 177.545 324.054 182.968
202603 201.389 330.213 203.669
202606 201.915 333.952 201.915

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of MXN447.08 mean?
Paycom Software (MEX:PAYC) has a Cyclically Adjusted Revenue per Share of MXN447.08 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Paycom Software and its competitors.
Is Paycom Software's Cyclically Adjusted Revenue per Share too high?
Paycom Software's current Cyclically Adjusted Revenue per Share is MXN447.08. Overall, Paycom Software has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paycom Software's Cyclically Adjusted Revenue per Share compare to ESTC and BSY?
Paycom Software's Cyclically Adjusted Revenue per Share of MXN447.08 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Software company?
A good Cyclically Adjusted Revenue per Share depends on the Software industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Paycom Software and its competitors. Paycom Software's current Cyclically Adjusted Revenue per Share is MXN447.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paycom Software stock overvalued right now?
Based on GuruFocus' analysis, Paycom Software (MEX:PAYC) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN4,852.88, compared to a current price of MXN4,120.00 — trading 15.1% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN447.08. Paycom Software's overall GF Score™ is 97/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Paycom Software (MEX:PAYC), the current Cyclically Adjusted Revenue per Share is MXN447.08 as of Jun. 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 Paycom Software (MEX:PAYC) Overvalued in 2026?

Based on GuruFocus' analysis, Paycom Software stock appears to be undervalued. The current stock price of MXN4,120.00 is trading 15.1% below its estimated GF Value™ of MXN4,852.88. GuruFocus considers Paycom Software to be Modestly Undervalued.

Key valuation signals for MEX:PAYC:

  • Cyclically Adjusted Revenue per Share: MXN447.08
  • GF Value™: MXN4,852.88 vs. price of MXN4,120.00 (15.1% below fair value)
  • GF Score™: 97/100 with 6 warning signs

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


Paycom Software Business Description

Address 7501 W. Memorial Road, Oklahoma, OK, USA, 73142
Founded in 1998, Paycom is a human capital management software-as-a-service provider addressing customer requirements surrounding payroll, talent acquisition, talent management, HR management, as well as time and labor. The company services businesses of all sizes within the United States and internationally. The company primarily generates revenue through the sale of subscriptions providing access to its HCM platform. To a lesser extent, the company also generates revenue from implementation services provided to customers as well as interest income generated from customer funds. As of fiscal 2024, the company serviced slightly over 37,500 customers and stored data on over 7 million employees.
97GF Score

Get the complete analysis for MEX:PAYC

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

MXN4,120.00
Price
MXN4,852.88
GF Value