Historical Valuation
SPS Commerce Inc (SPSC) is now in the Undervalued zone, suggesting that its current forward PE ratio of 20.15 is considered Undervalued compared with the five-year average of 52.35. The fair price of SPS Commerce Inc (SPSC) is between 174.75 to 274.10 according to relative valuation methord. Compared to the current price of 93.25 USD , SPS Commerce Inc is Undervalued By 46.64%.
Relative Value
Fair Zone
174.75-274.10
Current Price：93.25
46.64%
Undervalued
P/E
EV/EBITDA
EV/EBIT
P/S
P/OCF
P/FCF
1Y
3Y
5Y
Trailing
Forward
SPS Commerce Inc (SPSC) has a current Price-to-Book (P/B) ratio of 3.46. Compared to its 3-year average P/B ratio of 8.46 , the current P/B ratio is approximately -59.11% higher. Relative to its 5-year average P/B ratio of 8.76, the current P/B ratio is about -60.52% higher. SPS Commerce Inc (SPSC) has a Forward Free Cash Flow (FCF) yield of approximately 4.48%. Compared to its 3-year average FCF yield of 2.16%, the current FCF yield is approximately 107.23% lower. Relative to its 5-year average FCF yield of 2.07% , the current FCF yield is about 116.48% lower.
P/B
Median3y
8.46
Median5y
8.76
FCF Yield
Median3y
2.16
Median5y
2.07
Competitors Valuation Multiple
AI Analysis for SPSC
The average P/S ratio for SPSC competitors is 4.62, providing a benchmark for relative valuation. SPS Commerce Inc Corp (SPSC.O) exhibits a P/S ratio of 4.17, which is -9.64% above the industry average. Given its robust revenue growth of 16.02%, this premium appears unsustainable.
Performance Decomposition
AI Analysis for SPSC
1Y
3Y
5Y
Market capitalization of SPSC increased by 0.00% over the past 1 year. The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.
The secondary factor is the Unknown, contributed 0.00%to the performance.
Overall, the performance of SPSC in the past 1 year is driven by Unknown.
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Frequently Asked Questions
Is SPSC currently overvalued or undervalued?
SPS Commerce Inc (SPSC) is now in the Undervalued zone, suggesting that its current forward PE ratio of 20.15 is considered Undervalued compared with the five-year average of 52.35. The fair price of SPS Commerce Inc (SPSC) is between 174.75 to 274.10 according to relative valuation methord. Compared to the current price of 93.25 USD , SPS Commerce Inc is Undervalued By 46.64% .
What is SPS Commerce Inc (SPSC) fair value?
SPSC's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of SPS Commerce Inc (SPSC) is between 174.75 to 274.10 according to relative valuation methord.
How does SPSC's valuation metrics compare to the industry average?
The average P/S ratio for SPSC's competitors is 4.62, providing a benchmark for relative valuation. SPS Commerce Inc Corp (SPSC) exhibits a P/S ratio of 4.17, which is -9.64% above the industry average. Given its robust revenue growth of 16.02%, this premium appears unsustainable.
What is the current P/B ratio for SPS Commerce Inc (SPSC) as of Jan 09 2026?
As of Jan 09 2026, SPS Commerce Inc (SPSC) has a P/B ratio of 3.46. This indicates that the market values SPSC at 3.46 times its book value.
What is the current FCF Yield for SPS Commerce Inc (SPSC) as of Jan 09 2026?
As of Jan 09 2026, SPS Commerce Inc (SPSC) has a FCF Yield of 4.48%. This means that for every dollar of SPS Commerce Inc’s market capitalization, the company generates 4.48 cents in free cash flow.
What is the current Forward P/E ratio for SPS Commerce Inc (SPSC) as of Jan 09 2026?
As of Jan 09 2026, SPS Commerce Inc (SPSC) has a Forward P/E ratio of 20.15. This means the market is willing to pay $20.15 for every dollar of SPS Commerce Inc’s expected earnings over the next 12 months.
What is the current Forward P/S ratio for SPS Commerce Inc (SPSC) as of Jan 09 2026?
As of Jan 09 2026, SPS Commerce Inc (SPSC) has a Forward P/S ratio of 4.17. This means the market is valuing SPSC at $4.17 for every dollar of expected revenue over the next 12 months.