Clean Energy Fuels (LTS:0I04) Cyclically Adjusted PS Ratio: (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

LTS:0I04 Clean Energy Fuels Corp LTS:0I04
60 GF Score
Price $1.62
GF Value $2.87
Valuation Possible Value Trap
! 4 Warning Signs
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What is Clean Energy Fuels Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Clean Energy Fuels  (LTS:0I04) 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
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.77 1.05 0.90 1.08 0.00

LTS:0I04 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.


LTS:0I04
60GF Score
Clean Energy Fuels Corp LTS:0I04
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Clean Energy Fuels'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)
=0.483/333.9520*333.9520
=0.483

Current CPI (Jun. 2026) = 333.9520.

Clean Energy Fuels Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.744 241.428 1.029
201612 0.732 241.432 1.013
201703 0.585 243.801 0.801
201706 0.538 244.955 0.733
201709 0.542 246.819 0.733
201712 0.590 246.524 0.799
201803 0.654 249.554 0.875
201806 0.433 251.989 0.574
201809 0.380 252.439 0.503
201812 0.472 251.233 0.627
201903 0.381 254.202 0.501
201906 0.353 256.143 0.460
201909 0.364 256.759 0.473
201912 0.569 256.974 0.739
202003 0.417 258.115 0.540
202006 0.298 257.797 0.386
202009 0.357 260.280 0.458
202012 0.378 260.474 0.485
202103 0.388 264.877 0.489
202106 0.002 271.696 0.002
202109 0.386 274.310 0.470
202112 0.412 278.802 0.493
202203 0.375 287.504 0.436
202206 0.437 296.311 0.493
202209 0.566 296.808 0.637
202212 0.511 296.797 0.575
202303 0.594 301.836 0.657
202306 0.406 305.109 0.444
202309 0.429 307.789 0.465
202312 0.479 306.746 0.521
202403 0.465 312.332 0.497
202406 0.439 314.175 0.467
202409 0.469 315.301 0.497
202412 0.489 315.605 0.517
202503 0.464 319.799 0.485
202506 0.466 322.561 0.482
202509 0.484 324.800 0.498
202512 0.512 324.054 0.528
202603 0.535 330.213 0.541
202606 0.483 333.952 0.483

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 Clean Energy Fuels (LTS:0I04) Overvalued in 2026?

Based on GuruFocus' analysis, Clean Energy Fuels stock appears to be undervalued. The current stock price of $1.62 is trading 43.6% below its estimated GF Value™ of $2.87. GuruFocus considers Clean Energy Fuels to be Possible Value Trap.

Key valuation signals for LTS:0I04:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $2.87 vs. price of $1.62 (43.6% below fair value)
  • GF Score™: 60/100 with 4 warning signs

No single metric tells the full story. See the LTS:0I04 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:USAWIQ:Germany
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.
60GF Score

Get the complete analysis for LTS:0I04

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

$1.62
Price
$2.87
GF Value