Block (BSQKZ) Cyclically Adjusted PS Ratio: (As of Aug. 08, 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.

BSQKZ Block Inc BSQKZ
90 GF Score
Price $82.00
GF Value $77.62
Valuation Fairly Valued
! 9 Warning Signs
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What is Block Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Block  (OTCPK:BSQKZ) 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.


Block Cyclically Adjusted PS Ratio Related Terms


Block Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Block'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.

Block Cyclically Adjusted PS Ratio Chart

Block 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 0.00 0.00 0.00 3.99 2.58

Block 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 2.90 2.96 2.58 2.27 2.74

BSQKZ vs CRWV, NTAP, TWLO: Cyclically Adjusted PS Ratio Comparison

For the Software - Infrastructure subindustry, Block'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.


Block Cyclically Adjusted PS Ratio vs Software Industry

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

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


BSQKZ
90GF Score
Block Inc BSQKZ
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Block 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.

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

For example, Block'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)
=10.869/333.9520*333.9520
=10.869

Current CPI (Jun. 2026) = 333.9520.

Block Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.277 241.428 1.766
201612 1.268 241.432 1.754
201703 1.259 243.801 1.725
201706 1.465 244.955 1.997
201709 1.524 246.819 2.062
201712 1.579 246.524 2.139
201803 1.689 249.554 2.260
201806 2.021 251.989 2.678
201809 1.857 252.439 2.457
201812 2.253 251.233 2.995
201903 2.288 254.202 3.006
201906 2.774 256.143 3.617
201909 2.717 256.759 3.534
201912 2.209 256.974 2.871
202003 3.175 258.115 4.108
202006 4.371 257.797 5.662
202009 6.216 260.280 7.975
202012 5.186 260.474 6.649
202103 10.087 264.877 12.718
202106 8.957 271.696 11.009
202109 7.627 274.310 9.285
202112 8.816 278.802 10.560
202203 7.315 287.504 8.497
202206 7.576 296.311 8.538
202209 7.619 296.808 8.572
202212 7.763 296.797 8.735
202303 8.002 301.836 8.853
202306 9.123 305.109 9.985
202309 9.190 307.789 9.971
202312 9.080 306.746 9.885
202403 9.347 312.332 9.994
202406 9.706 314.175 10.317
202409 9.444 315.301 10.003
202412 9.436 315.605 9.985
202503 9.085 319.799 9.487
202506 9.782 322.561 10.127
202509 9.837 324.800 10.114
202512 10.157 324.054 10.467
202603 10.136 330.213 10.251
202606 10.869 333.952 10.869

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 Block (BSQKZ) Overvalued in 2026?

Based on GuruFocus' analysis, Block stock appears to be overvalued. The current stock price of $82.00 is trading 5.6% above its estimated GF Value™ of $77.62. GuruFocus considers Block to be Fairly Valued.

Key valuation signals for BSQKZ:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $77.62 vs. price of $82.00 (5.6% above fair value)
  • GF Score™: 90/100 with 9 warning signs

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


Block Business Description

Address 1955 Broadway, Suite 600, Oakland, CA, USA, 94612
Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2024, Square's payment volume was almost USD 250 million.
90GF Score

Get the complete analysis for BSQKZ

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

$82.00
Price
$77.62
GF Value