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Corpay (Corpay) Cyclically Adjusted PS Ratio : 9.02 (As of May. 02, 2024)


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What is Corpay Cyclically Adjusted PS Ratio?

As of today (2024-05-02), Corpay's current share price is $298.94. Corpay's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $33.14. Corpay's Cyclically Adjusted PS Ratio for today is 9.02.

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

CPAY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.06   Med: 12.14   Max: 19.11
Current: 8.94

During the past years, Corpay's highest Cyclically Adjusted PS Ratio was 19.11. The lowest was 6.06. And the median was 12.14.

CPAY's Cyclically Adjusted PS Ratio is ranked worse than
89.39% of 1433 companies
in the Software industry
Industry Median: 1.86 vs CPAY: 8.94

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.

Corpay's adjusted revenue per share data for the three months ended in Dec. 2023 was $12.779. 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 $33.14 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corpay Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Corpay'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.

* Premium members only.

Corpay Cyclically Adjusted PS Ratio Chart

Corpay Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.79 14.00 9.51 6.44 8.53

Corpay Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.44 7.05 8.06 7.89 8.53

Competitive Comparison of Corpay's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, Corpay'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.


Corpay's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Corpay 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=298.94/33.14
=9.02

* 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.

Corpay's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Corpay's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=12.779/129.4194*129.4194
=12.779

Current CPI (Dec. 2023) = 129.4194.

Corpay Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.963 99.695 3.846
201406 3.187 100.560 4.102
201409 3.428 100.428 4.418
201412 4.146 99.070 5.416
201503 4.430 99.621 5.755
201506 4.302 100.684 5.530
201509 4.795 100.392 6.181
201512 4.564 99.792 5.919
201603 4.359 100.470 5.615
201606 4.386 101.688 5.582
201609 5.083 101.861 6.458
201612 5.407 101.863 6.870
201703 5.504 102.862 6.925
201706 6.070 103.349 7.601
201709 6.214 104.136 7.723
201712 6.587 104.011 8.196
201803 6.279 105.290 7.718
201806 6.310 106.317 7.681
201809 6.729 106.507 8.177
201812 7.102 105.998 8.671
201903 6.968 107.251 8.408
201906 7.179 108.070 8.597
201909 7.524 108.329 8.989
201912 7.735 108.420 9.233
202003 7.495 108.902 8.907
202006 6.066 108.767 7.218
202009 6.784 109.815 7.995
202012 7.190 109.897 8.467
202103 7.096 111.754 8.218
202106 7.824 114.631 8.833
202109 9.024 115.734 10.091
202112 9.844 117.630 10.831
202203 9.954 121.301 10.620
202206 11.008 125.017 11.396
202209 11.819 125.227 12.215
202212 11.879 125.222 12.277
202303 12.101 127.348 12.298
202306 12.642 128.729 12.710
202309 13.014 129.860 12.970
202312 12.779 129.419 12.779

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.


Corpay  (NYSE:CPAY) 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.


Corpay Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Corpay's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Corpay (Corpay) Business Description

Industry
Traded in Other Exchanges
Address
3280 Peachtree Road, Suite 2400, Atlanta, GA, USA, 30305
Fleetcor Technologies Inc is a provider of specialised payment products. The company offers fleet cards, food cards, corporate lodging discount cards, and other specialised payment services. Fleetcor's systems enable its customers to manage and control their commercial payments and loyalty-card programmes. Customers include commercial fleet operators, major oil companies, petroleum marketers, and government entities. Further, Fleetcor offers customised analysis solutions to its clients, offering business productivity tracking capabilities. United States is the largest geographic operating segment.
Executives
Gerald C Throop director C/O CERIDIAN HCM HOLDING INC., 3311 EAST OLD SHAKOPEE ROAD, MINNEAPOLIS MN 55425
Thomas E Panther officer: Chief Financial Officer 10 GLENLAKE PARKWAY, SOUTH TOWER, SUITE 950, ATLANTA GA 30328
Rahul Gupta director 255 FISERV DRIVE, BROOKFIELD WI 53045
Annabelle G Bexiga director 1075 JORDAN CREEK PARKWAY, SUITE 300, WEST DES MOINES IA 50266
Alan King officer: President UK and Aust/NewZea 5445 TRIANGLE PARKWAY, NORCROSS GA 30092
Eric Dey officer: CFO & Secretary 655 ENGINEERING DRIVE, SUITE 300, NORCROSS GA 30092
Jones Archie L Jr. director 3280 PEACHTREE ROAD, ATLANTA GA 30305
Alissa B Vickery officer: Chief Accounting Officer 3280 PEACHTREE ROAD, SUITE 2400, ATLANTA GA 30305
Alexey Gavrilenya officer: President East/Central Europe 5445 TRIANGLE PARKWAY, NORCROSS GA 30092
David J Krantz officer: Group President, NA Fuel 5445 TRIANGLE PARKWAY, SUITE 400, PEACHTREE CORNERS 2Q 30092
Hala G Moddelmog director
Jeffrey Steven Sloan director 5048 NORTHSIDE DRIVE, ATLANTA GA 30327
John Coughlin officer: Exec VP, Corp Development 655 ENGINEERING DRIVE, SUITE 300, NORCROSS GA 30092
Armando Lins Netto officer: CEO Brazil 5455 TRIANGLE PARKWAY, NORCROSS GA 30092
Richard Macchia director C/O INTERNET SECURITY SYSTEMS INC, 6303 BARFIELD RD, ATLANTA GA 30328