California Nanotechnologies (TSXV:CNO) Cyclically Adjusted PS Ratio: (As of Aug. 03, 2026)

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.
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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.

TSXV:CNO California Nanotechnologies Corp TSXV:CNO
45 GF Score
Price C$0.30
GF Value C$0.30
Valuation Fairly Valued
! 7 Warning Signs
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What is California Nanotechnologies Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


California Nanotechnologies  (TSXV:CNO) 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.


California Nanotechnologies Cyclically Adjusted PS Ratio Related Terms


California Nanotechnologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for California Nanotechnologies'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.

California Nanotechnologies Cyclically Adjusted PS Ratio Chart

California Nanotechnologies Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.01 4.01 8.76 10.75 4.53

California Nanotechnologies Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 9.15 5.07 5.17 4.53 0.00

TSXV:CNO vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, California Nanotechnologies'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.


California Nanotechnologies Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, California Nanotechnologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSXV:CNO
45GF Score
California Nanotechnologies Corp TSXV:CNO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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California Nanotechnologies 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.

California Nanotechnologies's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 is calculated as:

For example, California Nanotechnologies's adjusted Revenue per Share data for the three months ended in May. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=0.026/134.0005*134.0005
=0.026

Current CPI (May. 2026) = 134.0005.

California Nanotechnologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 0.004 101.686 0.005
201611 0.011 101.607 0.015
201702 0.003 102.476 0.004
201705 0.005 103.108 0.006
201708 0.003 103.108 0.004
201711 0.006 103.740 0.008
201802 0.008 104.688 0.010
201805 0.007 105.399 0.009
201808 0.007 106.031 0.009
201811 0.010 105.478 0.013
201902 0.007 106.268 0.009
201905 0.006 107.927 0.007
201908 0.012 108.085 0.015
201911 0.010 107.769 0.012
202002 0.007 108.559 0.009
202005 0.007 107.532 0.009
202008 0.012 108.243 0.015
202011 0.008 108.796 0.010
202102 0.006 109.745 0.007
202105 0.008 111.404 0.010
202108 0.007 112.668 0.008
202111 0.009 113.932 0.011
202202 0.018 115.986 0.021
202205 0.013 120.016 0.015
202208 0.011 120.569 0.012
202211 0.017 121.675 0.019
202302 0.015 122.070 0.016
202305 0.021 124.045 0.023
202308 0.027 125.389 0.029
202311 0.045 125.468 0.048
202402 0.027 125.468 0.029
202405 0.050 127.601 0.053
202408 0.040 127.838 0.042
202411 0.049 127.838 0.051
202502 0.036 128.786 0.037
202505 0.019 129.813 0.020
202508 0.021 130.208 0.022
202511 0.012 130.682 0.012
202602 0.031 131.077 0.032
202605 0.026 134.001 0.026

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 California Nanotechnologies (TSXV:CNO) Overvalued in 2026?

Based on GuruFocus' analysis, California Nanotechnologies stock appears to be undervalued. The current stock price of C$0.30 is trading 0% below its estimated GF Value™ of C$0.30. GuruFocus considers California Nanotechnologies to be Fairly Valued.

Key valuation signals for TSXV:CNO:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: C$0.30 vs. price of C$0.30 (0% below fair value)
  • GF Score™: 45/100 with 7 warning signs

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


California Nanotechnologies Business Description

Other Exchanges CANOF:USAR14:Germany
Address 110 Yonge Street, Suite 1601, Toronto, ON, CAN, M5C 1T4
California Nanotechnologies Corp engages in the production, and research and development of nanostructured components and materials. Its products include High-Strength Graphite Spark tooling, Plasma Sintering Tooling, Tungsten Carbide Tooling, Carbon Graphite Foil, Carbon Felt and Yarn, and others.
45GF Score

Get the complete analysis for TSXV:CNO

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

C$0.30
Price
C$0.30
GF Value