EMFGF (Fluence) Cyclically Adjusted PS Ratio: 0.34 (As of Jul. 10, 2026) — 1600% Above Median


What is Fluence Cyclically Adjusted PS Ratio?

Fluence EMFGF -8.56% Cyclically Adjusted PS Ratio is 0.34 as of Jul. 10, 2026, which is 1600% above its 10-year median of 0.02. The stock has 4 warning signs investors should review. Among 2,296 Industrial Products companies, Fluence ranks better than 84.36% on this metric.

As of today (2026-07-10), Fluence's current share price is $0.05038. Fluence's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was $0.15. Fluence's Cyclically Adjusted PS Ratio for today is 0.34.

The historical rank and industry rank for Fluence's Cyclically Adjusted PS Ratio or its related term are showing as below:

EMFGF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.92
Current: 0.43

During the past 13 years, Fluence's highest Cyclically Adjusted PS Ratio was 0.92. The lowest was 0.01. And the median was 0.02.

EMFGF's Cyclically Adjusted PS Ratio is ranked better than
84.36% of 2296 companies
in the Industrial Products industry
Industry Median: 1.89 vs EMFGF: 0.43

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Fluence's adjusted revenue per share data of for the fiscal year that ended in Dec25 was $0.072. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $0.15 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fluence  (OTCPK:EMFGF) 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.


Fluence Cyclically Adjusted PS Ratio Related Terms


Fluence Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Fluence'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.

Fluence Cyclically Adjusted PS Ratio Chart

Fluence 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 0.02 0.21 0.62 0.40 0.57

Fluence Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.62 0.00 0.40 0.00 0.57

EMFGF vs VLTO, ZWS, CECO: Cyclically Adjusted PS Ratio Comparison

For the Pollution & Treatment Controls subindustry, Fluence'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.


Fluence Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fluence's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Fluence 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.

Fluence's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.05038/0.15
=0.34

* 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.

Fluence's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Fluence's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.072/324.0540*324.0540
=0.072

Current CPI (Dec25) = 324.0540.

Fluence Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.003 241.432 0.004
201712 0.087 246.524 0.114
201812 0.201 251.233 0.259
201912 0.097 256.974 0.122
202012 0.136 260.474 0.169
202112 0.145 278.802 0.169
202212 0.163 296.797 0.178
202312 0.099 306.746 0.105
202412 0.048 315.605 0.049
202512 0.072 324.054 0.072

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.

What does a Cyclically Adjusted PS Ratio of 0.34 mean?
Fluence (EMFGF) has a Cyclically Adjusted PS Ratio of 0.34 as of Jul. 10, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Fluence and its competitors. This is 1600% above median its historical median of 0.02. Over the past decade, Fluence's Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.92. According to the industry distribution chart, Fluence ranks #359 out of 2296 companies in the Industrial Products industry, placing it in the top 15.6%.
Is Fluence's Cyclically Adjusted PS Ratio too high?
Fluence's current Cyclically Adjusted PS Ratio of 0.34 is 1600% above median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.92. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.89. Fluence's value of 0.34 is 82% below this industry median. Based on the distribution chart, Fluence ranks #359 out of 2296 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers.
How does Fluence's Cyclically Adjusted PS Ratio compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Fluence ranks #359 out of 2296 companies for Cyclically Adjusted PS Ratio. This places Fluence in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.89. Fluence's value of 0.34 is 82% below this benchmark. Historically, Fluence's own Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.92 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 1.89, Fluence has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.89, based on 2,296 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fluence's current Cyclically Adjusted PS Ratio of 0.34 is 82% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Fluence and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fluence's current Cyclically Adjusted PS Ratio is 0.34, which is 1600% above median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fluence stock overvalued right now?
Based on GuruFocus' analysis, Fluence (EMFGF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.07, compared to a current price of $0.05 — trading 28% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.34, which is 1600% above median its 10-year median of 0.02 and 82% below the Industrial Products industry median of 1.89. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Fluence (EMFGF), the current Cyclically Adjusted PS Ratio is 0.34 as of Jul. 10, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fluence Business Description

Other Exchanges 4SVE:GermanyFLC:Australia
Address 3600 Holly Lane, Suite 100, Plymouth, MN, USA, 55447
Fluence Corp Ltd operates in wastewater treatment and reuse, high-strength wastewater treatment, wastewater-to-energy, industrial and drinking water markets, with its pre-engineered, standardized Smart Products Solutions (SPS), including Aspiral, NIROBOX, SUBRE, and Nitro. In addition, Fluence offers ongoing operation and maintenance support, Build Own Operate (BOO), and other recurring revenue solutions. Its operating segments are: Municipal Water and Wastewater, Industrial Wastewater & Biogas, Industrial Water & Reuse, Southeast Asia and China, RR, and IVC. Maximum revenue is generated from the IVC segment, which includes the Ivory Coast Main Works and the Ivory Coast Addendum projects. Geographically, the company focuses on high-growth markets including North America and Southeast Asia.