ANY (Sphere 3D) Cyclically Adjusted PS Ratio: (As of Aug. 18, 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.

ANY Sphere 3D Corp ANY
56 GF Score
Price $2.11
GF Value $2.09
Valuation Fairly Valued
! 4 Warning Signs
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What is Sphere 3D Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sphere 3D  (NAS:ANY) 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.


Sphere 3D Cyclically Adjusted PS Ratio Related Terms


Sphere 3D Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sphere 3D'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.

Sphere 3D Cyclically Adjusted PS Ratio Chart

Sphere 3D 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 0.03 0.00 0.00 0.00 0.00

Sphere 3D 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 0.00 0.00 0.00 0.00 0.00

ANY vs FDCTD, MGTI, ABIT: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, Sphere 3D'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.


Sphere 3D Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sphere 3D's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Sphere 3D's Cyclically Adjusted PS Ratio falls into.


ANY
56GF Score
Sphere 3D Corp ANY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sphere 3D 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.

Sphere 3D's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Sphere 3D'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)
=0.475/333.9520*333.9520
=0.475

Current CPI (Jun. 2026) = 333.9520.

Sphere 3D Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4,614.750 241.428 6,383.290
201612 4,680.750 241.432 6,474.477
201703 3,623.000 243.801 4,962.687
201706 2,776.857 244.955 3,785.744
201709 1,970.818 246.819 2,666.564
201712 -4,188.000 246.524 -5,673.245
201803 169.500 249.554 226.824
201806 112.417 251.989 148.982
201809 48.370 252.439 63.989
201812 91.483 251.233 121.604
201903 66.563 254.202 87.446
201906 29.182 256.143 38.047
201909 10.772 256.759 14.011
201912 21.922 256.974 28.489
202003 18.036 258.115 23.335
202006 12.913 257.797 16.728
202009 8.990 260.280 11.535
202012 18.366 260.474 23.547
202103 6.963 264.877 8.779
202106 3.921 271.696 4.819
202109 2.124 274.310 2.586
202112 0.931 278.802 1.115
202203 1.504 287.504 1.747
202206 2.033 296.311 2.291
202209 1.417 296.808 1.594
202212 1.468 296.797 1.652
202303 2.941 301.836 3.254
202306 4.947 305.109 5.415
202309 4.525 307.789 4.910
202312 5.307 306.746 5.778
202403 4.189 312.332 4.479
202406 2.235 314.175 2.376
202409 1.055 315.301 1.117
202412 1.140 315.605 1.206
202503 1.035 319.799 1.081
202506 1.087 322.561 1.125
202509 0.920 324.800 0.946
202512 0.821 324.054 0.846
202603 0.550 330.213 0.556
202606 0.475 333.952 0.475

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 Sphere 3D (ANY) Overvalued in 2026?

Based on GuruFocus' analysis, Sphere 3D stock appears to be overvalued. The current stock price of $2.11 is trading 1% above its estimated GF Value™ of $2.09. GuruFocus considers Sphere 3D to be Fairly Valued.

Key valuation signals for ANY:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $2.09 vs. price of $2.11 (1% above fair value)
  • GF Score™: 56/100 with 4 warning signs

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


Sphere 3D Business Description

Other Exchanges 8S30:Germany
Address 243 Tresser Boulevard, 17th Floor, Stamford, CT, USA, 06901
Sphere 3D Corp is engaged in the Bitcoin mining business. The company has established an enterprise-scale mining operation through the procurement of mining equipment and partnering with experienced service providers. It generates revenue from mining and selling Bitcoin.
56GF Score

Get the complete analysis for ANY

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

$2.11
Price
$2.09
GF Value