HIVE Digital TechnologiesHIVE -5.92%65 Cyclically Adjusted PS Ratio is 2.74 as of Jul. 07, 2026, which is 16% below its 10-year median of 3.26. GuruFocus rates HIVE with a GF Score™ of 65/100 and a GF Value™ of $3.78 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 602 Capital Markets companies, HIVE Digital Technologies ranks better than 52.66% on this metric.
The historical rank and industry rank for HIVE Digital Technologies's Cyclically Adjusted PS Ratio or its related term are showing as below:
HIVE'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.03 Med: 3.26 Max: 58.62
Current: 3
During the past years, HIVE Digital Technologies's highest Cyclically Adjusted PS Ratio was 58.62. The lowest was 1.03. And the median was 3.26.
HIVE's Cyclically Adjusted PS Ratio is ranked better than 52.66% of 602
companies
in the Capital Markets industry
Industry Median: 3.305
vs HIVE: 3.00
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.
HIVE Digital Technologies's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.285. 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 $1.16 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
HIVE Digital Technologies (NAS:HIVE) 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.
HIVE Digital Technologies Cyclically Adjusted PS Ratio Related Terms
HIVE Digital Technologies Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for HIVE Digital 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.
HIVE Digital Technologies Cyclically Adjusted PS Ratio Chart
HIVE vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison
For the Capital Markets subindustry, HIVE Digital 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.
HIVE Digital Technologies Cyclically Adjusted PS Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, HIVE Digital Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where HIVE Digital Technologies's Cyclically Adjusted PS Ratio falls into.
HIVE Digital 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.
* 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.
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 2.74 mean?
HIVE Digital Technologies (HIVE) has a Cyclically Adjusted PS Ratio of 2.74 as of Jul. 07, 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 HIVE Digital Technologies and its competitors. This is 16% below median its historical median of 3.26. Over the past decade, HIVE Digital Technologies' Cyclically Adjusted PS Ratio has ranged from 1.03 to 58.62. According to the industry distribution chart, HIVE Digital Technologies ranks #285 out of 602 companies in the Capital Markets industry, placing it in the top 47.3%.
Is HIVE Digital Technologies' Cyclically Adjusted PS Ratio too high?
HIVE Digital Technologies' current Cyclically Adjusted PS Ratio of 2.74 is 16% below median its 10-year median of 3.26. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 58.62. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.31. HIVE Digital Technologies' value of 2.74 is 17.1% below this industry median. Based on the distribution chart, HIVE Digital Technologies ranks #285 out of 602 companies in the Capital Markets industry, which is above the industry midpoint. Overall, HIVE Digital Technologies has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HIVE Digital Technologies' Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, HIVE Digital Technologies ranks #285 out of 602 companies for Cyclically Adjusted PS Ratio. This puts HIVE Digital Technologies in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.31. HIVE Digital Technologies' value of 2.74 is 17.1% below this benchmark. Historically, HIVE Digital Technologies' own Cyclically Adjusted PS Ratio has ranged from 1.03 to 58.62 over the past decade. While the company's 10-year median is 3.26 vs. the industry median of 3.31, HIVE Digital Technologies 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 a Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.31, based on 602 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. HIVE Digital Technologies's current Cyclically Adjusted PS Ratio of 2.74 is 17.1% 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 HIVE Digital Technologies and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HIVE Digital Technologies's current Cyclically Adjusted PS Ratio is 2.74, which is 16% below median its own 10-year median of 3.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HIVE Digital Technologies stock overvalued right now?
Based on GuruFocus' analysis, HIVE Digital Technologies (HIVE) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.78, compared to a current price of $3.18 — trading 15.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.74, which is 16% below median its 10-year median of 3.26 and 17.1% below the Capital Markets industry median of 3.31. HIVE Digital Technologies' overall GF Score™ is 65/100 with 1 warning sign 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 HIVE Digital Technologies (HIVE), the current Cyclically Adjusted PS Ratio is 2.74 as of Jul. 07, 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 HIVE Digital Technologies (HIVE) Overvalued in 2026?
Based on GuruFocus' analysis, HIVE Digital Technologies stock appears to be undervalued.
The current stock price of $3.18 is trading 15.9% below its estimated GF Value™ of $3.78.
GuruFocus considers HIVE Digital Technologies to be Modestly Undervalued.
Key valuation signals for HIVE:
Cyclically Adjusted PS Ratio: 2.74 (16% below median its 10-year median of 3.26)
GF Value™: $3.78 vs. price of $3.18 (15.9% below fair value)
Industry Position: 17.1% below the Capital Markets median (#285 of 602)
No single metric tells the full story. See the HIVE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HIVE Digital Technologies Ltd is a sustainable-energy-focused digital infrastructure company that provides infrastructure solutions through the operation of Tier-1 and Tier-3 data centers. Its computing power is used for high-performance computing (HPC) and for generating hashrate sold to mining pools for cryptocurrency mining. The Company uses cash flow from its hashrate services business to support the expansion of its AI and HPC operations through its subsidiary. The Company focuses on Canada, Sweden, and Paraguay, where low-cost renewable power supports its operations and expansion. It operates in one segment with two revenue streams: the mining and sale of digital currencies and high-performance computing hosting. The majority of its revenue is generated from Bermuda.
65GF Score
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