CTRNF (CHAR Technologies) Cyclically Adjusted PS Ratio: (As of Sep. 05, 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.
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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.

CTRNF CHAR Technologies Ltd CTRNF
50 GF Score
Price $0.20
GF Value $0.19
Valuation Fairly Valued
! 7 Warning Signs
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What is CHAR Technologies Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


CHAR Technologies  (OTCPK:CTRNF) 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.


CHAR Technologies Cyclically Adjusted PS Ratio Related Terms


CHAR Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CHAR Technologies'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.

CHAR Technologies Cyclically Adjusted PS Ratio Chart

CHAR Technologies Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 16.91 8.33 6.44

CHAR Technologies 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 8.32 6.44 10.66 8.63 0.00

CTRNF vs WM, RSG, WCN: Cyclically Adjusted PS Ratio Comparison

For the Waste Management subindustry, CHAR Technologies'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.


CHAR Technologies Cyclically Adjusted PS Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, CHAR Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CTRNF
50GF Score
CHAR Technologies Ltd CTRNF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CHAR Technologies 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.

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

For example, CHAR Technologies'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)
=0.003/133.5265*133.5265
=0.003

Current CPI (Jun. 2026) = 133.5265.

CHAR Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.000 101.765 0.000
201612 0.000 101.449 0.000
201703 0.000 102.634 0.000
201706 0.000 103.029 0.000
201709 0.003 103.345 0.004
201712 0.000 103.345 0.000
201803 0.007 105.004 0.009
201806 0.006 105.557 0.008
201809 0.006 105.636 0.008
201812 0.007 105.399 0.009
201903 0.005 106.979 0.006
201906 0.008 107.690 0.010
201909 0.007 107.611 0.009
201912 0.010 107.769 0.012
202003 0.008 107.927 0.010
202006 0.006 108.401 0.007
202009 0.005 108.164 0.006
202012 0.005 108.559 0.006
202103 0.003 110.298 0.004
202106 0.004 111.720 0.005
202109 0.004 112.905 0.005
202112 0.003 113.774 0.004
202203 0.004 117.646 0.005
202206 0.003 120.806 0.003
202209 0.004 120.648 0.004
202212 0.003 120.964 0.003
202303 0.003 122.702 0.003
202306 0.004 124.203 0.004
202309 0.006 125.230 0.006
202312 0.002 125.072 0.002
202403 0.005 126.258 0.005
202406 0.007 127.522 0.007
202409 0.009 127.285 0.009
202412 0.002 127.364 0.002
202503 0.005 129.181 0.005
202506 0.003 129.892 0.003
202509 0.003 130.287 0.003
202512 0.003 130.366 0.003
202603 0.004 132.262 0.004
202606 0.003 133.527 0.003

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 CHAR Technologies (CTRNF) Overvalued in 2026?

Based on GuruFocus' analysis, CHAR Technologies stock appears to be overvalued. The current stock price of $0.20 is trading 5.5% above its estimated GF Value™ of $0.19. GuruFocus considers CHAR Technologies to be Fairly Valued.

Key valuation signals for CTRNF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $0.19 vs. price of $0.20 (5.5% above fair value)
  • GF Score™: 50/100 with 7 warning signs

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


CHAR Technologies Business Description

Other Exchanges 68K:GermanyYES:Canada
Address 895 Don Mills Road, Suite 400, Morneau Shepell Centre II, Toronto, ON, CAN, M3C 1W3
CHAR Technologies Ltd. is a Canada-based cleantech development and environmental services company. The Company is specialized in high temperature pyrolysis (HTP), converting woody biomass and organic materials into renewable energy (renewable natural gas (RNG) or green hydrogen) and valuable biocarbon (biocoal CleanFyre, biochar, or activated biochar SulfaCHAR). Its additional services include environmental compliance, environmental management, engineering and resource efficiency. The Company's subsidiaries include Char Biocarbon Inc., Altech Environmental Consulting Ltd., Char Technologies Thorold Inc., and Char Technologies USA.
50GF Score

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

$0.20
Price
$0.19
GF Value