Cleanspark (STU:3UX) Cyclically Adjusted PS Ratio: 9.06 (As of Jul. 21, 2026) — Near Median

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STU:3UX Cleanspark Inc STU:3UX
43 GF Score
Price €12.68
GF Value €10.95
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Cleanspark Cyclically Adjusted PS Ratio?

Cleanspark STU:3UX +11.23% 43 Cyclically Adjusted PS Ratio is 9.06 as of Jul. 21, 2026, which is 6% below its 10-year median of 9.68. GuruFocus rates STU:3UX with a GF Score™ of 43/100 and a GF Value™ of €10.95 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 606 Capital Markets companies, Cleanspark ranks worse than 74.75% on this metric.

As of today (2026-07-21), Cleanspark's current share price is €12.68. Cleanspark's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €1.40. Cleanspark's Cyclically Adjusted PS Ratio for today is 9.06.

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

STU:3UX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.63   Med: 9.68   Max: 421.43
Current: 8.9

During the past years, Cleanspark's highest Cyclically Adjusted PS Ratio was 421.43. The lowest was 1.63. And the median was 9.68.

STU:3UX's Cyclically Adjusted PS Ratio is ranked worse than
74.75% of 606 companies
in the Capital Markets industry
Industry Median: 3.32 vs STU:3UX: 8.90

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 Mar. 2026 was €0.441. 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 €1.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cleanspark  (STU:3UX) 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
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 4.56 7.29 9.32 6.41 5.25

STU:3UX vs MKTX, LAZ, PJT: 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.


STU:3UX
43GF Score
Cleanspark Inc STU:3UX
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
=12.68/1.40
=9.06

* 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 Mar. 2026 is calculated as:

For example, Cleanspark'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)
=0.441/330.2130*330.2130
=0.441

Current CPI (Mar. 2026) = 330.2130.

Cleanspark Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 241.018 0.000
201609 0.026 241.428 0.036
201612 0.027 241.432 0.037
201703 0.058 243.801 0.079
201706 0.028 244.955 0.038
201709 0.015 246.819 0.020
201712 0.004 246.524 0.005
201803 0.029 249.554 0.038
201806 0.081 251.989 0.106
201809 0.027 252.439 0.035
201812 0.063 251.233 0.083
201903 0.156 254.202 0.203
201906 0.245 256.143 0.316
201909 0.465 256.759 0.598
201912 0.184 256.974 0.236
202003 0.644 258.115 0.824
202006 0.275 257.797 0.352
202009 0.095 260.280 0.121
202012 0.084 260.474 0.106
202103 0.209 264.877 0.261
202106 0.221 271.696 0.269
202109 0.523 274.310 0.630
202112 0.812 278.802 0.962
202203 0.816 287.504 0.937
202206 0.591 296.311 0.659
202209 0.514 296.808 0.572
202212 0.388 296.797 0.432
202303 0.494 301.836 0.540
202306 0.365 305.109 0.395
202309 0.325 307.789 0.349
202312 0.374 306.746 0.403
202403 0.485 312.332 0.513
202406 0.423 314.175 0.445
202409 0.320 315.301 0.335
202412 0.531 315.605 0.556
202503 0.598 319.799 0.617
202506 0.529 322.561 0.542
202509 0.580 324.800 0.590
202512 0.550 324.054 0.560
202603 0.441 330.213 0.441

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 9.06 mean?
Cleanspark (STU:3UX) has a Cyclically Adjusted PS Ratio of 9.06 as of Jul. 21, 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 near median its historical median of 9.68. 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 #453 out of 606 companies in the Capital Markets industry, placing it in the top 74.8%.
Is Cleanspark's Cyclically Adjusted PS Ratio too high?
Cleanspark's current Cyclically Adjusted PS Ratio of 9.06 is near median its 10-year median of 9.68. 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 3.32. Cleanspark's value of 9.06 is 172.9% above this industry median. Based on the distribution chart, Cleanspark ranks #453 out of 606 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Cleanspark has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cleanspark's Cyclically Adjusted PS Ratio compare to MKTX and LAZ?
According to the Capital Markets industry distribution chart, Cleanspark ranks #453 out of 606 companies for Cyclically Adjusted PS Ratio. This places Cleanspark in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.32. Cleanspark's value of 9.06 is 172.9% 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 9.68 vs. the industry median of 3.32, 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 3.32, based on 606 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 9.06 is 172.9% 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 3.32 — 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 9.06, which is near median its own 10-year median of 9.68. 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 (STU:3UX) is currently considered Modestly Overvalued. The stock's GF Value™ is €10.95, compared to a current price of €12.68 — trading 15.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 9.06, which is near median its 10-year median of 9.68 and 172.9% above the Capital Markets industry median of 3.32. Cleanspark's overall GF Score™ is 43/100 with 5 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 (STU:3UX), the current Cyclically Adjusted PS Ratio is 9.06 as of Jul. 21, 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 (STU:3UX) Overvalued in 2026?

Based on GuruFocus' analysis, Cleanspark stock appears to be overvalued. The current stock price of €12.68 is trading 15.8% above its estimated GF Value™ of €10.95. GuruFocus considers Cleanspark to be Modestly Overvalued.

Key valuation signals for STU:3UX:

  • Cyclically Adjusted PS Ratio: 9.06 (near median its 10-year median of 9.68)
  • GF Value™: €10.95 vs. price of €12.68 (15.8% above fair value)
  • GF Score™: 43/100 with 5 warning signs
  • Industry Position: 172.9% above the Capital Markets median (#453 of 606)

No single metric tells the full story. See the STU:3UX 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.
43GF Score

Get the complete analysis for STU:3UX

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

€12.68
Price
€10.95
GF Value