Question 1

What is Corpay's P/S ratio?

Accepted Answer

Corpay (CPAY) P/S ratio is 5.1× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for Corpay?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For Corpay specifically, the relevant sector benchmark is the current sector median of 5.8×.

Question 5

Is Corpay's P/S ratio high or low?

Accepted Answer

Corpay's P/S ratio of 5.1× is below its own 5-year average of 5.5× and below the sector median of 5.8×. That places the current reading at the 34th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Corpay's historical P/S ratio range?

Accepted Answer

In the available daily series, Corpay (CPAY) P/S ratio has ranged from a low of 3.7× in 2022 to a high of 11.3× in 2014. The 5-year average is 5.5× and the 5-year median is 5.3×.

Question 7

What was Corpay's P/S ratio in 2025?

Accepted Answer

Corpay (CPAY) P/S ratio at the end of 2025 was 4.6×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

Why does Corpay's P/S ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$20.9B	$4.53B	4.6×	-1.3×	Dec 31, 2025
2024	$23.7B	$3.97B	6.0×	+0.6×	Dec 31, 2024
2023	$20.3B	$3.76B	5.4×	+1.5×	Dec 31, 2023
2022	$13.5B	$3.43B	3.9×	-2.4×	Dec 31, 2022
2021	$18B	$2.83B	6.3×	-3.5×	Dec 31, 2021
2020	$23.4B	$2.39B	9.8×	-0.0×	Dec 31, 2020
2019	$26B	$2.65B	9.8×	+2.9×	Dec 31, 2019
2018	$16.8B	$2.43B	6.9×	-1.1×	Dec 31, 2018
2017	$17.9B	$2.25B	8.0×	+0.6×	Dec 31, 2017
2016	$13.5B	$1.83B	7.4×	-0.5×	Dec 31, 2016
2015	$13.5B	$1.7B	7.9×	-3.2×	Dec 31, 2015
2014	$13.4B	$1.2B	11.1×	+0.0×	Dec 31, 2014
2013	$9.97B	$895M	11.1×	—	Dec 31, 2013


GoDaddy (GDDY)	2.2×
Fidelity National Information Services (FIS)	2.1×
Skyworks Solutions (SWKS)	2.1×
Qorvo (QRVO)	1.9×
Zebra Technologies (ZBRA)	1.8×
Gartner (IT)	1.7×
Accenture (ACN)	1.6×
Amkor Technology (AMKR)	1.6×
Block (XYZ)	1.5×
Fiserv (FISV)	1.4×
Cognizant (CTSH)	1.4×
EPAM Systems (EPAM)	1.3×
Optical Cable (OCC)	1.2×
Leidos Holdings (LDOS)	1.2×
Jabil (JBL)	1.1×
Dell Technologies (DELL)	1.0×
Sunrun (RUN)	1.0×
Hewlett Packard Enterprise (HPE)	1.0×
Flex (FLEX)	0.9×
Lyft (LYFT)	0.8×
CDW (CDW)	0.7×
Science Applications International (SAIC)	0.6×
Super Micro Computer (SMCI)	0.4×
HP (HPQ)	0.3×
IBM (IBM)	0.0×

P/S Ratio for Corpay (CPAY) 2013-2026

P/S Ratio daily chart for Corpay (CPAY)

Historical P/S Ratio for Corpay (CPAY) from 2013 to 2025

About P/S Ratio at Corpay (CPAY)

Corpay P/S Ratio by Year

Corpay P/S Ratio 2025: 4.6×

Corpay P/S Ratio 2024: 6.0×

Corpay P/S Ratio 2023: 5.4×

Corpay P/S Ratio 2022: 3.9×

Corpay P/S Ratio 2021: 6.3×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Corpay (CPAY) Key Financials