Ascent Solar Technologies (FRA:A8M) Cyclically Adjusted PS Ratio: (As of Aug. 09, 2026)

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Director of Data and Quant Analytics at GuruFocus
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FRA:A8M Ascent Solar Technologies Inc FRA:A8M
16 GF Score
Price €2.60
GF Value €0.51
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Ascent Solar Technologies Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ascent Solar Technologies  (FRA:A8M) 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.


Ascent Solar Technologies Cyclically Adjusted PS Ratio Related Terms


Ascent Solar Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ascent Solar 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.

Ascent Solar Technologies Cyclically Adjusted PS Ratio Chart

Ascent Solar Technologies 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 798.97 52.31 0.18 0.00 0.01

Ascent Solar Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.01 0.01 0.01 0.01

FRA:A8M vs BEEM, SMXT, ZEO: Cyclically Adjusted PS Ratio Comparison

For the Solar subindustry, Ascent Solar 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.


Ascent Solar Technologies Cyclically Adjusted PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Ascent Solar Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:A8M
16GF Score
Ascent Solar Technologies Inc FRA:A8M
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ascent Solar 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.

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

For example, Ascent Solar Technologies's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.006/330.2130*330.2130
=0.006

Current CPI (Mar. 2026) = 330.2130.

Ascent Solar Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 0.000 241.432 0.000
201703 0.000 243.801 0.000
201706 0.000 244.955 0.000
201709 0.000 246.819 0.000
201712 0.000 246.524 0.000
201803 0.000 249.554 0.000
201806 0.000 251.989 0.000
201809 0.000 252.439 0.000
201812 0.000 251.233 0.000
201903 0.000 254.202 0.000
201906 0.000 256.143 0.000
201909 0.000 256.759 0.000
201912 0.000 256.974 0.000
202003 0.000 258.115 0.000
202006 0.000 257.797 0.000
202009 0.000 260.280 0.000
202012 0.000 260.474 0.000
202103 69.500 264.877 86.643
202106 157.500 271.696 191.422
202109 5.000 274.310 6.019
202112 22.000 278.802 26.057
202203 514.000 287.504 590.355
202206 302.000 296.311 336.553
202209 3.000 296.808 3.338
202212 6.000 296.797 6.676
202303 58.000 301.836 63.453
202306 46.500 305.109 50.326
202309 43.200 307.789 46.347
202312 0.083 306.746 0.089
202403 0.125 312.332 0.132
202406 0.051 314.175 0.054
202409 0.006 315.301 0.006
202412 0.000 315.605 0.000
202503 0.010 319.799 0.010
202506 0.008 322.561 0.008
202509 0.008 324.800 0.008
202512 0.004 324.054 0.004
202603 0.006 330.213 0.006

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 Ascent Solar Technologies (FRA:A8M) Overvalued in 2026?

Based on GuruFocus' analysis, Ascent Solar Technologies stock appears to be overvalued. The current stock price of €2.60 is trading 409.8% above its estimated GF Value™ of €0.51. GuruFocus considers Ascent Solar Technologies to be Significantly Overvalued.

Key valuation signals for FRA:A8M:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €0.51 vs. price of €2.60 (409.8% above fair value)
  • GF Score™: 16/100 with 6 warning signs

No single metric tells the full story. See the FRA:A8M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ascent Solar Technologies Business Description

Other Exchanges ASTI:USA
Address 12300 Grant Street, Thornton, CO, USA, 80241
Ascent Solar Technologies Inc is a solar technology company that manufactures and sells photovoltaic (PV) solar modules that are flexible, durable, and possess attractive power to weight and power to area performance. Its technology provides renewable power solutions to high-value production and specialty solar markets where traditional rigid solar panels are not suitable, including space power beaming, aerospace, satellites, near earth orbiting vehicles, fixed wing unmanned aerial vehicles (UAV), aquatic, terrestrial, and other weight-sensitive markets with transformational high quality, value added product applications. It operates in single PV segment that sells PV products and engineering services and currently, is selling it in North America.
16GF Score

Get the complete analysis for FRA:A8M

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

€2.60
Price
€0.51
GF Value