Clean Energy Fuels (FRA:WIQ) Cyclically Adjusted PS Ratio: 0.89 (As of Jul. 27, 2026) — Near Median

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FRA:WIQ Clean Energy Fuels Corp FRA:WIQ
65 GF Score
Price €1.77
GF Value €2.59
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Clean Energy Fuels Cyclically Adjusted PS Ratio?

Clean Energy Fuels FRA:WIQ -2.75% 65 Cyclically Adjusted PS Ratio is 0.89 as of Jul. 27, 2026, which is 2% below its 10-year median of 0.91. GuruFocus rates FRA:WIQ with a GF Score™ of 65/100 and a GF Value™ of €2.59 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 708 Oil & Gas companies, Clean Energy Fuels ranks better than 55.23% on this metric.

As of today (2026-07-27), Clean Energy Fuels's current share price is €1.765. Clean Energy Fuels's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €1.99. Clean Energy Fuels's Cyclically Adjusted PS Ratio for today is 0.89.

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

FRA:WIQ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.91   Max: 5.06
Current: 0.88

During the past years, Clean Energy Fuels's highest Cyclically Adjusted PS Ratio was 5.06. The lowest was 0.37. And the median was 0.91.

FRA:WIQ's Cyclically Adjusted PS Ratio is ranked better than
55.23% of 708 companies
in the Oil & Gas industry
Industry Median: 1.055 vs FRA:WIQ: 0.88

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.

Clean Energy Fuels's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.463. 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 €1.99 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clean Energy Fuels  (FRA:WIQ) 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.


Clean Energy Fuels Cyclically Adjusted PS Ratio Related Terms


Clean Energy Fuels Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Clean Energy Fuels'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.

Clean Energy Fuels Cyclically Adjusted PS Ratio Chart

Clean Energy Fuels 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 1.88 1.64 1.28 0.95 0.90

Clean Energy Fuels 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 0.60 0.77 1.05 0.90 1.08

FRA:WIQ vs SGU, FGPR, BDCO: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Clean Energy Fuels'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.


Clean Energy Fuels Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Clean Energy Fuels's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:WIQ
65GF Score
Clean Energy Fuels Corp FRA:WIQ
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clean Energy Fuels 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.

Clean Energy Fuels's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.765/1.99
=0.89

* 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.

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

For example, Clean Energy Fuels'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)
=0.463/330.2130*330.2130
=0.463

Current CPI (Mar. 2026) = 330.2130.

Clean Energy Fuels Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.860 241.018 1.178
201609 0.663 241.428 0.907
201612 0.694 241.432 0.949
201703 0.547 243.801 0.741
201706 0.479 244.955 0.646
201709 0.455 246.819 0.609
201712 0.499 246.524 0.668
201803 0.530 249.554 0.701
201806 0.371 251.989 0.486
201809 0.326 252.439 0.426
201812 0.415 251.233 0.545
201903 0.337 254.202 0.438
201906 0.313 256.143 0.404
201909 0.330 256.759 0.424
201912 0.512 256.974 0.658
202003 0.378 258.115 0.484
202006 0.265 257.797 0.339
202009 0.303 260.280 0.384
202012 0.311 260.474 0.394
202103 0.326 264.877 0.406
202106 0.002 271.696 0.002
202109 0.328 274.310 0.395
202112 0.365 278.802 0.432
202203 0.341 287.504 0.392
202206 0.413 296.311 0.460
202209 0.571 296.808 0.635
202212 0.483 296.797 0.537
202303 0.554 301.836 0.606
202306 0.375 305.109 0.406
202309 0.402 307.789 0.431
202312 0.439 306.746 0.473
202403 0.427 312.332 0.451
202406 0.408 314.175 0.429
202409 0.423 315.301 0.443
202412 0.467 315.605 0.489
202503 0.429 319.799 0.443
202506 0.404 322.561 0.414
202509 0.412 324.800 0.419
202512 0.437 324.054 0.445
202603 0.463 330.213 0.463

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 0.89 mean?
Clean Energy Fuels (FRA:WIQ) has a Cyclically Adjusted PS Ratio of 0.89 as of Jul. 27, 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 Clean Energy Fuels and its competitors. This is near median its historical median of 0.91. Over the past decade, Clean Energy Fuels' Cyclically Adjusted PS Ratio has ranged from 0.37 to 5.06. According to the industry distribution chart, Clean Energy Fuels ranks #317 out of 708 companies in the Oil & Gas industry, placing it in the top 44.8%.
Is Clean Energy Fuels' Cyclically Adjusted PS Ratio too high?
Clean Energy Fuels' current Cyclically Adjusted PS Ratio of 0.89 is near median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 5.06. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.06. Clean Energy Fuels' value of 0.89 is 15.6% below this industry median. Based on the distribution chart, Clean Energy Fuels ranks #317 out of 708 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Clean Energy Fuels has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Clean Energy Fuels' Cyclically Adjusted PS Ratio compare to SGU and FGPR?
According to the Oil & Gas industry distribution chart, Clean Energy Fuels ranks #317 out of 708 companies for Cyclically Adjusted PS Ratio. This puts Clean Energy Fuels in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.06. Clean Energy Fuels' value of 0.89 is 15.6% below this benchmark. Historically, Clean Energy Fuels' own Cyclically Adjusted PS Ratio has ranged from 0.37 to 5.06 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 1.06, Clean Energy Fuels 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 Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.06, based on 708 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. Clean Energy Fuels's current Cyclically Adjusted PS Ratio of 0.89 is 15.6% 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 Clean Energy Fuels and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clean Energy Fuels's current Cyclically Adjusted PS Ratio is 0.89, which is near median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Energy Fuels stock overvalued right now?
Based on GuruFocus' analysis, Clean Energy Fuels (FRA:WIQ) is currently considered Possible Value Trap. The stock's GF Value™ is €2.59, compared to a current price of €1.77 — trading 31.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.89, which is near median its 10-year median of 0.91 and 15.6% below the Oil & Gas industry median of 1.06. Clean Energy Fuels' overall GF Score™ is 65/100 with 4 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 Clean Energy Fuels (FRA:WIQ), the current Cyclically Adjusted PS Ratio is 0.89 as of Jul. 27, 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 Clean Energy Fuels (FRA:WIQ) Overvalued in 2026?

Based on GuruFocus' analysis, Clean Energy Fuels stock appears to be undervalued. The current stock price of €1.77 is trading 31.9% below its estimated GF Value™ of €2.59. GuruFocus considers Clean Energy Fuels to be Possible Value Trap.

Key valuation signals for FRA:WIQ:

  • Cyclically Adjusted PS Ratio: 0.89 (near median its 10-year median of 0.91)
  • GF Value™: €2.59 vs. price of €1.77 (31.9% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 15.6% below the Oil & Gas median (#317 of 708)

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


Clean Energy Fuels Business Description

Industry EnergyOil & Gas
Other Exchanges CLNE:USA0I04:UK
Address 4675 MacArthur Court, Suite 800, Newport Beach, CA, USA, 92660
Clean Energy Fuels Corp is a natural gas marketer and retailer operating in the United States and Canada. The company supplies compressed natural gas and liquefied natural gas for the United States (U.S.) and Canadian transportation markets. The majority of revenue is generated within the U.S. and mostly consists of compressed natural gas. The firm operates by purchasing natural gas from local utilities; compressing, cooling, or liquefying it at company-owned plants; and selling natural gas products through company-owned or customer-owned fueling stations. It also builds, operates, and maintains natural gas fueling stations for customers.
65GF Score

Get the complete analysis for FRA:WIQ

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

€1.77
Price
€2.59
GF Value