GameSquare Holdings (FRA:IO6) Cyclically Adjusted PS Ratio: 0.01 (As of Sep. 04, 2026) — 67% Below Median

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.

FRA:IO6 GameSquare Holdings Inc FRA:IO6
65 GF Score
Price €10.56
GF Value €7.67
! 7 Warning Signs
View Full Analysis

What is GameSquare Holdings Cyclically Adjusted PS Ratio?

GameSquare Holdings FRA:IO6 65 Cyclically Adjusted PS Ratio is 0.01 as of Sep. 04, 2026, which is 67% below its 10-year median of 0.03. GuruFocus rates FRA:IO6 with a GF Score™ of 65/100 and a GF Value™ of €7.67. The stock has 7 warning signs investors should review. Among 335 Interactive Media companies, GameSquare Holdings ranks better than 99.7% on this metric.

As of today (2026-09-04), GameSquare Holdings's current share price is €10.56. GameSquare Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €1,114.55. GameSquare Holdings's Cyclically Adjusted PS Ratio for today is 0.01.

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

FRA:IO6' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.23
Current: 0.01

During the past years, GameSquare Holdings's highest Cyclically Adjusted PS Ratio was 0.23. The lowest was 0.01. And the median was 0.03.

FRA:IO6's Cyclically Adjusted PS Ratio is ranked better than
99.7% of 335 companies
in the Interactive Media industry
Industry Median: 1.33 vs FRA:IO6: 0.01

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.

GameSquare Holdings's adjusted revenue per share data for the three months ended in Jun. 2026 was €1.352. 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 €1,114.55 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GameSquare Holdings  (FRA:IO6) 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.


GameSquare Holdings Cyclically Adjusted PS Ratio Related Terms


GameSquare Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for GameSquare 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.

GameSquare Holdings Cyclically Adjusted PS Ratio Chart

GameSquare Holdings Annual Data
Trend Mar16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.05 0.04 0.02 0.01

GameSquare Holdings Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 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 0.02 0.02 0.01 0.01 0.01

FRA:IO6 vs GMHS, SNAL, MYPS: Cyclically Adjusted PS Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, GameSquare 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.


GameSquare Holdings Cyclically Adjusted PS Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GameSquare Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:IO6
65GF Score
GameSquare Holdings Inc FRA:IO6
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GameSquare 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.

GameSquare Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.56/1114.55
=0.01

* 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.

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

For example, GameSquare Holdings'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)
=1.352/333.9520*333.9520
=1.352

Current CPI (Jun. 2026) = 333.9520.

GameSquare Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201702 5.500 243.603 7.540
201705 43.000 244.733 58.676
201708 33.000 245.519 44.886
201711 154.333 246.669 208.943
201802 144.333 248.991 193.582
201805 217.000 251.588 288.041
201808 247.600 252.146 327.931
201811 367.250 252.038 486.609
201902 272.200 252.776 359.614
201905 143.000 256.092 186.476
201908 37.000 256.558 48.162
201911 146.200 257.208 189.822
202002 23.833 258.678 30.768
202005 18.970 256.394 24.708
202008 24.525 259.918 31.511
202011 26.207 260.229 33.631
202102 20.213 263.014 25.665
202105 12.308 269.195 15.269
202108 19.354 273.567 23.626
202111 18.905 277.948 22.714
202202 16.211 283.716 19.081
202205 16.463 292.296 18.809
202208 22.725 296.171 25.624
202211 20.395 297.711 22.878
202302 16.665 300.840 18.499
202306 6.918 305.109 7.572
202309 7.108 307.789 7.712
202312 8.870 306.746 9.657
202403 7.513 312.332 8.033
202406 4.353 314.175 4.627
202409 2.145 315.301 2.272
202412 1.792 315.605 1.896
202503 1.499 319.799 1.565
202506 1.386 322.561 1.435
202509 0.877 324.800 0.902
202512 1.300 324.054 1.340
202603 1.031 330.213 1.043
202606 1.352 333.952 1.352

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 0.01 mean?
GameSquare Holdings (FRA:IO6) has a Cyclically Adjusted PS Ratio of 0.01 as of Sep. 04, 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 GameSquare Holdings and its competitors. This is 67% below median its historical median of 0.03. Over the past decade, GameSquare Holdings' Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.23. According to the industry distribution chart, GameSquare Holdings ranks #1 out of 335 companies in the Interactive Media industry, placing it in the top 0.3%.
Is GameSquare Holdings' Cyclically Adjusted PS Ratio too high?
GameSquare Holdings' current Cyclically Adjusted PS Ratio of 0.01 is 67% below median its 10-year median of 0.03. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.23. The Interactive Media industry median Cyclically Adjusted PS Ratio is 1.33. GameSquare Holdings' value of 0.01 is 99.2% below this industry median. Based on the distribution chart, GameSquare Holdings ranks #1 out of 335 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, GameSquare Holdings has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does GameSquare Holdings' Cyclically Adjusted PS Ratio compare to GMHS and SNAL?
According to the Interactive Media industry distribution chart, GameSquare Holdings ranks #1 out of 335 companies for Cyclically Adjusted PS Ratio. This places GameSquare Holdings in the top 0% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.33. GameSquare Holdings' value of 0.01 is 99.2% below this benchmark. Historically, GameSquare Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.23 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 1.33, GameSquare Holdings 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 Interactive Media company?
The median Cyclically Adjusted PS Ratio among Interactive Media companies is 1.33, based on 335 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. GameSquare Holdings's current Cyclically Adjusted PS Ratio of 0.01 is 99.2% 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 GameSquare Holdings and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PS Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GameSquare Holdings's current Cyclically Adjusted PS Ratio is 0.01, which is 67% below median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GameSquare Holdings stock overvalued right now?
GameSquare Holdings (FRA:IO6) has a current Cyclically Adjusted PS Ratio of 0.01. The stock's GF Value™ is €7.67, compared to a current price of €10.56 — trading 37.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.01, which is 67% below median its 10-year median of 0.03 and 99.2% below the Interactive Media industry median of 1.33. GameSquare Holdings' overall GF Score™ is 65/100 with 7 warning signs to review. 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 GameSquare Holdings (FRA:IO6), the current Cyclically Adjusted PS Ratio is 0.01 as of Sep. 04, 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.

Is GameSquare Holdings (FRA:IO6) Overvalued in 2026?

Based on GuruFocus' analysis, GameSquare Holdings stock appears to be overvalued. The current stock price of €10.56 is trading 37.7% above its estimated GF Value™ of €7.67.

Key valuation signals for FRA:IO6:

  • Cyclically Adjusted PS Ratio: 0.01 (67% below median its 10-year median of 0.03)
  • GF Value™: €7.67 vs. price of €10.56 (37.7% above fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 99.2% below the Interactive Media median (#1 of 335)

No single metric tells the full story. See the FRA:IO6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GameSquare Holdings Business Description

Other Exchanges GAME:USA
Address 6775 Cowboys Way, Suite 1335, Frisco, TX, USA, 75034
GameSquare Holdings Inc is a vertically integrated digital media, entertainment, and technology company focused on gaming and youth culture audiences. The company operates through four reportable segments: Owned and Operated IP, Agency, SaaS and managed services, and Yield. It provides services including influencer marketing, esports talent management, creative production, merchandise and consumer products, live streaming analytics, and digital media solutions through its various brands and platforms. It generates the majority of its revenue from the Agency segment.
65GF Score

Get the complete analysis for FRA:IO6

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

€10.56
Price
€7.67
GF Value