FiscalNote Holdings (FRA:A2O1) Cyclically Adjusted PS Ratio: (As of Aug. 19, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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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.

FRA:A2O1 FiscalNote Holdings Inc FRA:A2O1
44 GF Score
Price €0.55
GF Value €35.25
! 4 Warning Signs
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What is FiscalNote Holdings Cyclically Adjusted PS Ratio?

FiscalNote Holdings does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


FiscalNote Holdings  (FRA:A2O1) 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.


FiscalNote Holdings Cyclically Adjusted PS Ratio Related Terms


FiscalNote Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for FiscalNote Holdings'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.

FiscalNote Holdings Cyclically Adjusted PS Ratio Chart

FiscalNote Holdings Annual Data
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Cyclically Adjusted PS Ratio
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FiscalNote Holdings 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

FRA:A2O1 vs HWNI, CYCU, KSEZ: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, FiscalNote Holdings'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.


FiscalNote Holdings Cyclically Adjusted PS Ratio vs Software Industry

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

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


FRA:A2O1
44GF Score
FiscalNote Holdings Inc FRA:A2O1
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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FiscalNote Holdings 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.

FiscalNote Holdings does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Is FiscalNote Holdings (FRA:A2O1) Overvalued in 2026?

Based on GuruFocus' analysis, FiscalNote Holdings stock appears to be undervalued. The current stock price of €0.55 is trading 98.4% below its estimated GF Value™ of €35.25.

Key valuation signals for FRA:A2O1:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €35.25 vs. price of €0.55 (98.4% below fair value)
  • GF Score™: 44/100 with 4 warning signs

No single metric tells the full story. See the FRA:A2O1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FiscalNote Holdings Business Description

Other Exchanges NOTE:USA
Address 1201 Pennsylvania Avenue NW, 6th floor, Washington, DC, USA, 20004
FiscalNote Holdings Inc provides technology solutions for policy and market intelligence. Its offerings include legislative tracking, regulatory analysis, and stakeholder engagement through its platform, PolicyNote, which integrates policy data with monitoring tools and analysis. The company serves a diverse customer base comprising enterprises, midsized and smaller businesses, government agencies, law firms, professional services organizations, trade groups and non-profits in more than 40 countries. It derives revenue from subscription revenue arrangements and advisory, advertising and other revenues. Geographically, the company generates the majority of its revenue from North America, and the rest from Europe, Australia, and Asia.
44GF Score

Get the complete analysis for FRA:A2O1

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

€0.55
Price
€35.25
GF Value