Cleanspark (MEX:CLSK) Cyclically Adjusted PS Ratio: 7.08 (As of Aug. 24, 2026) — 24% 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.

MEX:CLSK Cleanspark Inc MEX:CLSK
58 GF Score
Price MXN204.26
GF Value MXN214.76
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Cleanspark Cyclically Adjusted PS Ratio?

Cleanspark MEX:CLSK -3.83% 58 Cyclically Adjusted PS Ratio is 7.08 as of Aug. 24, 2026, which is 24% below its 10-year median of 9.36. GuruFocus rates MEX:CLSK with a GF Score™ of 58/100 and a GF Value™ of MXN214.76 (Fairly Valued). The stock has 7 warning signs investors should review. Among 580 Capital Markets companies, Cleanspark ranks worse than 71.21% on this metric.

As of today (2026-08-24), Cleanspark's current share price is MXN204.26. Cleanspark's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN28.86. Cleanspark's Cyclically Adjusted PS Ratio for today is 7.08.

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

MEX:CLSK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.63   Med: 9.36   Max: 421.43
Current: 7.26

During the past years, Cleanspark's highest Cyclically Adjusted PS Ratio was 421.43. The lowest was 1.63. And the median was 9.36.

MEX:CLSK's Cyclically Adjusted PS Ratio is ranked worse than
71.21% of 580 companies
in the Capital Markets industry
Industry Median: 3.635 vs MEX:CLSK: 7.26

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.

Cleanspark's adjusted revenue per share data for the three months ended in Jun. 2026 was MXN8.971. 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 MXN28.86 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cleanspark  (MEX:CLSK) 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.


Cleanspark Cyclically Adjusted PS Ratio Related Terms


Cleanspark Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Cleanspark'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.

Cleanspark Cyclically Adjusted PS Ratio Chart

Cleanspark Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.33 2.74 3.00 6.69 9.32

Cleanspark 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 7.29 9.32 6.41 5.25 8.82

MEX:CLSK vs MIAX, MKTX, GLXY: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, Cleanspark'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.


Cleanspark Cyclically Adjusted PS Ratio vs Capital Markets Industry

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

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


MEX:CLSK
58GF Score
Cleanspark Inc MEX:CLSK
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cleanspark 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.

Cleanspark's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=204.26/28.86
=7.08

* 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.

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

For example, Cleanspark'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)
=8.971/333.9520*333.9520
=8.971

Current CPI (Jun. 2026) = 333.9520.

Cleanspark Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.570 241.428 0.788
201612 0.583 241.432 0.806
201703 1.163 243.801 1.593
201706 0.574 244.955 0.783
201709 0.321 246.819 0.434
201712 0.106 246.524 0.144
201803 0.646 249.554 0.864
201806 1.855 251.989 2.458
201809 0.592 252.439 0.783
201812 1.414 251.233 1.880
201903 3.407 254.202 4.476
201906 5.317 256.143 6.932
201909 10.122 256.759 13.165
201912 3.854 256.974 5.008
202003 16.700 258.115 21.607
202006 7.139 257.797 9.248
202009 2.483 260.280 3.186
202012 2.028 260.474 2.600
202103 5.076 264.877 6.400
202106 5.297 271.696 6.511
202109 12.659 274.310 15.411
202112 18.811 278.802 22.532
202203 17.892 287.504 20.783
202206 12.572 296.311 14.169
202209 10.242 296.808 11.524
202212 8.017 296.797 9.021
202303 9.530 301.836 10.544
202306 6.774 305.109 7.414
202309 6.047 307.789 6.561
202312 6.928 306.746 7.542
202403 8.748 312.332 9.354
202406 8.342 314.175 8.867
202409 7.003 315.301 7.417
202412 11.597 315.605 12.271
202503 13.236 319.799 13.822
202506 11.488 322.561 11.894
202509 12.486 324.800 12.838
202512 11.590 324.054 11.944
202603 9.184 330.213 9.288
202606 8.971 333.952 8.971

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 7.08 mean?
Cleanspark (MEX:CLSK) has a Cyclically Adjusted PS Ratio of 7.08 as of Aug. 24, 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 Cleanspark and its competitors. This is 24% below median its historical median of 9.36. Over the past decade, Cleanspark's Cyclically Adjusted PS Ratio has ranged from 1.63 to 421.43. According to the industry distribution chart, Cleanspark ranks #413 out of 580 companies in the Capital Markets industry, placing it in the top 71.2%.
Is Cleanspark's Cyclically Adjusted PS Ratio too high?
Cleanspark's current Cyclically Adjusted PS Ratio of 7.08 is 24% below median its 10-year median of 9.36. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 421.43. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.64. Cleanspark's value of 7.08 is 94.8% above this industry median. Based on the distribution chart, Cleanspark ranks #413 out of 580 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Cleanspark has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cleanspark's Cyclically Adjusted PS Ratio compare to MIAX and MKTX?
According to the Capital Markets industry distribution chart, Cleanspark ranks #413 out of 580 companies for Cyclically Adjusted PS Ratio. This places Cleanspark in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.64. Cleanspark's value of 7.08 is 94.8% above this benchmark. Historically, Cleanspark's own Cyclically Adjusted PS Ratio has ranged from 1.63 to 421.43 over the past decade. While the company's 10-year median is 9.36 vs. the industry median of 3.64, Cleanspark has consistently been above 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 3.64, based on 580 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. Cleanspark's current Cyclically Adjusted PS Ratio of 7.08 is 94.8% above 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 Cleanspark and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cleanspark's current Cyclically Adjusted PS Ratio is 7.08, which is 24% below median its own 10-year median of 9.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cleanspark stock overvalued right now?
Based on GuruFocus' analysis, Cleanspark (MEX:CLSK) is currently considered Fairly Valued. The stock's GF Value™ is MXN214.76, compared to a current price of MXN204.26 — trading 4.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.08, which is 24% below median its 10-year median of 9.36 and 94.8% above the Capital Markets industry median of 3.64. Cleanspark's overall GF Score™ is 58/100 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 Cleanspark (MEX:CLSK), the current Cyclically Adjusted PS Ratio is 7.08 as of Aug. 24, 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 Cleanspark (MEX:CLSK) Overvalued in 2026?

Based on GuruFocus' analysis, Cleanspark stock appears to be undervalued. The current stock price of MXN204.26 is trading 4.9% below its estimated GF Value™ of MXN214.76. GuruFocus considers Cleanspark to be Fairly Valued.

Key valuation signals for MEX:CLSK:

  • Cyclically Adjusted PS Ratio: 7.08 (24% below median its 10-year median of 9.36)
  • GF Value™: MXN214.76 vs. price of MXN204.26 (4.9% below fair value)
  • GF Score™: 58/100 with 7 warning signs
  • Industry Position: 94.8% above the Capital Markets median (#413 of 580)

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


Cleanspark Business Description

Address 10624 South Eastern Avenue, Suite A - 638, Henderson, NV, USA, 89052
Cleanspark Inc. is a data center developer that, until recently, focused exclusively on bitcoin mining. The company provides scalable, energy-efficient digital infrastructure across the United States. The Company has a sole reporting segment, which is the bitcoin mining segment.
58GF Score

Get the complete analysis for MEX:CLSK

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

MXN204.26
Price
MXN214.76
GF Value