P2Earn (FRA:WH4) Cyclically Adjusted PS Ratio: (As of Jul. 16, 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.
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.

What is P2Earn Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


P2Earn  (FRA:WH4) 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.


P2Earn Cyclically Adjusted PS Ratio Related Terms


P2Earn Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for P2Earn'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.

P2Earn Cyclically Adjusted PS Ratio Chart

P2Earn 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 0.00 0.01 0.00 0.00 0.00

P2Earn 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 0.00 0.00 0.00 0.00

FRA:WH4 vs MGTI, NIHK, BEGI: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, P2Earn'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.


P2Earn Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, P2Earn's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where P2Earn's Cyclically Adjusted PS Ratio falls into.



P2Earn 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.

P2Earn's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, P2Earn'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)
=0/132.2623*132.2623
=0.000

Current CPI (Mar. 2026) = 132.2623.

P2Earn Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 102.002 0.000
201609 0.000 101.765 0.000
201612 0.000 101.449 0.000
201703 0.066 102.634 0.085
201706 1.582 103.029 2.031
201709 2.659 103.345 3.403
201712 5.682 103.345 7.272
201803 0.542 105.004 0.683
201806 1.173 105.557 1.470
201809 1.801 105.636 2.255
201812 3.409 105.399 4.278
201903 1.576 106.979 1.948
201906 1.040 107.690 1.277
201909 0.232 107.611 0.285
201912 -0.027 107.769 -0.033
202003 0.000 107.927 0.000
202006 0.000 108.401 0.000
202009 0.000 108.164 0.000
202012 0.000 108.559 0.000
202103 0.000 110.298 0.000
202106 0.000 111.720 0.000
202109 0.002 112.905 0.002
202112 0.002 113.774 0.002
202203 0.003 117.646 0.003
202206 0.000 120.806 0.000
202209 0.001 120.648 0.001
202212 0.002 120.964 0.002
202303 0.001 122.702 0.001
202306 0.001 124.203 0.001
202309 0.000 125.230 0.000
202312 0.001 125.072 0.001
202403 0.000 126.258 0.000
202406 0.000 127.522 0.000
202409 0.000 127.285 0.000
202412 0.000 127.364 0.000
202503 0.000 129.181 0.000
202506 0.000 129.892 0.000
202509 0.000 130.287 0.000
202512 0.000 130.366 0.000
202603 0.000 132.262 0.000

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.


P2Earn Business Description

Address 1090 Homer Street, Suite 150, Vancouver, BC, CAN, V6B 2W9
P2Earn Inc is an industrial-scale technology infrastructure company, serving cryptocurrencies, blockchains, and enterprise level technology projects such as podcast creation and distribution. The company generates revenue from its Bitcoin Mining operation segment.