VIQ Solutions (TSXV:VQS) Cyclically Adjusted PS Ratio: 0.05 (As of Sep. 07, 2026) — 94% Below Median

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What is VIQ Solutions Cyclically Adjusted PS Ratio?

VIQ Solutions TSXV:VQS -20.00% Cyclically Adjusted PS Ratio is 0.05 as of Sep. 07, 2026, which is 94% below its 10-year median of 0.83. The stock has 6 warning signs investors should review. Among 1,580 Software companies, VIQ Solutions ranks better than 98.16% on this metric.

As of today (2026-09-07), VIQ Solutions's current share price is C$0.10. VIQ Solutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was C$2.15. VIQ Solutions's Cyclically Adjusted PS Ratio for today is 0.05.

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

TSXV:VQS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.83   Max: 3.45
Current: 0.05

During the past years, VIQ Solutions's highest Cyclically Adjusted PS Ratio was 3.45. The lowest was 0.03. And the median was 0.83.

TSXV:VQS's Cyclically Adjusted PS Ratio is ranked better than
98.16% of 1580 companies
in the Software industry
Industry Median: 1.675 vs TSXV:VQS: 0.05

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.

VIQ Solutions's adjusted revenue per share data for the three months ended in Jun. 2026 was C$0.217. 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 C$2.15 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


VIQ Solutions  (TSXV:VQS) 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.


VIQ Solutions Cyclically Adjusted PS Ratio Related Terms


VIQ Solutions Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for VIQ Solutions'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.

VIQ Solutions Cyclically Adjusted PS Ratio Chart

VIQ Solutions 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 1.17 0.15 0.09 0.08 0.09

VIQ Solutions 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 0.11 0.09 0.09 0.03 0.04

TSXV:VQS vs CRM, SHOP, UBER: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, VIQ Solutions'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.


VIQ Solutions Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, VIQ Solutions's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



VIQ Solutions 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.

VIQ Solutions's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.10/2.15
=0.05

* 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.

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

For example, VIQ Solutions'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)
=0.217/133.5265*133.5265
=0.217

Current CPI (Jun. 2026) = 133.5265.

VIQ Solutions Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.479 101.765 0.629
201612 0.382 101.449 0.503
201703 0.527 102.634 0.686
201706 0.573 103.029 0.743
201709 0.528 103.345 0.682
201712 0.403 103.345 0.521
201803 0.460 105.004 0.585
201806 0.536 105.557 0.678
201809 0.493 105.636 0.623
201812 0.347 105.399 0.440
201903 0.927 106.979 1.157
201906 0.871 107.690 1.080
201909 0.850 107.611 1.055
201912 0.739 107.769 0.916
202003 0.698 107.927 0.864
202006 0.609 108.401 0.750
202009 0.585 108.164 0.722
202012 0.489 108.559 0.601
202103 0.424 110.298 0.513
202106 0.400 111.720 0.478
202109 0.341 112.905 0.403
202112 0.321 113.774 0.377
202203 0.488 117.646 0.554
202206 0.552 120.806 0.610
202209 0.480 120.648 0.531
202212 0.406 120.964 0.448
202303 0.397 122.702 0.432
202306 0.402 124.203 0.432
202309 0.352 125.230 0.375
202312 0.339 125.072 0.362
202403 0.300 126.258 0.317
202406 0.309 127.522 0.324
202409 0.291 127.285 0.305
202412 0.287 127.364 0.301
202503 0.263 129.181 0.272
202506 0.272 129.892 0.280
202509 0.281 130.287 0.288
202512 0.223 130.366 0.228
202603 0.193 132.262 0.195
202606 0.217 133.527 0.217

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 0.05 mean?
VIQ Solutions (TSXV:VQS) has a Cyclically Adjusted PS Ratio of 0.05 as of Sep. 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 VIQ Solutions and its competitors. This is 94% below median its historical median of 0.83. Over the past decade, VIQ Solutions' Cyclically Adjusted PS Ratio has ranged from 0.03 to 3.45. According to the industry distribution chart, VIQ Solutions ranks #29 out of 1580 companies in the Software industry, placing it in the top 1.8%.
Is VIQ Solutions' Cyclically Adjusted PS Ratio too high?
VIQ Solutions' current Cyclically Adjusted PS Ratio of 0.05 is 94% below median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 3.45. The Software industry median Cyclically Adjusted PS Ratio is 1.68. VIQ Solutions' value of 0.05 is 97% below this industry median. Based on the distribution chart, VIQ Solutions ranks #29 out of 1580 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does VIQ Solutions' Cyclically Adjusted PS Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, VIQ Solutions ranks #29 out of 1580 companies for Cyclically Adjusted PS Ratio. This places VIQ Solutions in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.68. VIQ Solutions' value of 0.05 is 97% below this benchmark. Historically, VIQ Solutions' own Cyclically Adjusted PS Ratio has ranged from 0.03 to 3.45 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.68, VIQ Solutions 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 Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.68, based on 1,580 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. VIQ Solutions's current Cyclically Adjusted PS Ratio of 0.05 is 97% 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 VIQ Solutions and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VIQ Solutions's current Cyclically Adjusted PS Ratio is 0.05, which is 94% below median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIQ Solutions stock overvalued right now?
Based on GuruFocus' analysis, VIQ Solutions (TSXV:VQS) is currently considered Modestly Undervalued. The stock's GF Value™ is C$0.13, compared to a current price of C$0.10 — trading 23.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.05, which is 94% below median its 10-year median of 0.83 and 97% below the Software industry median of 1.68. 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 VIQ Solutions (TSXV:VQS), the current Cyclically Adjusted PS Ratio is 0.05 as of Sep. 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.

VIQ Solutions Business Description

Other Exchanges VQSSF:USA
Address 35 West Pearce Street, Unit 12 & 13, Richmond Hill, ON, CAN, L4B 3A9
VIQ Solutions Inc operates as a technology and service platform provider for digital evidence capture, retrieval, and content management. The reportable segments of the company are technology and related revenue, which develop, distribute, and license computer-based digital solutions, and the technology services, which provide recording and transcription services. It derives the majority of its revenue from Australia and also has its presence in the United States, the United Kingdom, Canada, and other countries. The firm generates the majority of its revenue from providing Technology services.