VSQTF (Victory Square Technologies) Cyclically Adjusted PS Ratio: 5.32 (As of Jul. 26, 2026) — Near 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.

VSQTF Victory Square Technologies Inc VSQTF
50 GF Score
Price $0.48
GF Value $0.55
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Victory Square Technologies Cyclically Adjusted PS Ratio?

Victory Square Technologies VSQTF -2.16% 50 Cyclically Adjusted PS Ratio is 5.32 as of Jul. 26, 2026, which is 7% below its 10-year median of 5.71. GuruFocus rates VSQTF with a GF Score™ of 50/100 and a GF Value™ of $0.55 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 358 Healthcare Providers & Services companies, Victory Square Technologies ranks worse than 88.83% on this metric.

As of today (2026-07-26), Victory Square Technologies's current share price is $0.4786. Victory Square Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $0.09. Victory Square Technologies's Cyclically Adjusted PS Ratio for today is 5.32.

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

VSQTF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.42   Med: 5.71   Max: 13.95
Current: 5.47

During the past years, Victory Square Technologies's highest Cyclically Adjusted PS Ratio was 13.95. The lowest was 2.42. And the median was 5.71.

VSQTF's Cyclically Adjusted PS Ratio is ranked worse than
88.83% of 358 companies
in the Healthcare Providers & Services industry
Industry Median: 1.13 vs VSQTF: 5.47

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.

Victory Square Technologies's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.174. 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 $0.09 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Victory Square Technologies  (OTCPK:VSQTF) 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.


Victory Square Technologies Cyclically Adjusted PS Ratio Related Terms


Victory Square Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Victory Square Technologies'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.

Victory Square Technologies Cyclically Adjusted PS Ratio Chart

Victory Square Technologies 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 0.00 0.00 0.00 5.14 7.63

Victory Square Technologies 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 2.96 2.57 8.37 7.63 3.88

VSQTF vs VEEV, BTSG, TEM: Cyclically Adjusted PS Ratio Comparison

For the Health Information Services subindustry, Victory Square Technologies'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.


Victory Square Technologies Cyclically Adjusted PS Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Victory Square Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


VSQTF
50GF Score
Victory Square Technologies Inc VSQTF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Victory Square Technologies 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.

Victory Square Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.4786/0.09
=5.32

* 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.

Victory Square Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Victory Square Technologies'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)
=0.174/132.2623*132.2623
=0.174

Current CPI (Mar. 2026) = 132.2623.

Victory Square Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 102.002 0.000
201609 0.010 101.765 0.013
201612 -0.002 101.449 -0.003
201703 0.000 102.634 0.000
201706 0.003 103.029 0.004
201709 0.006 103.345 0.008
201712 0.002 103.345 0.003
201803 0.003 105.004 0.004
201806 0.012 105.557 0.015
201809 0.013 105.636 0.016
201812 0.021 105.399 0.026
201903 0.003 106.979 0.004
201906 0.007 107.690 0.009
201909 0.021 107.611 0.026
201912 0.004 107.769 0.005
202003 0.004 107.927 0.005
202006 0.001 108.401 0.001
202009 0.005 108.164 0.006
202012 0.004 108.559 0.005
202103 0.001 110.298 0.001
202106 0.002 111.720 0.002
202109 0.003 112.905 0.004
202112 0.006 113.774 0.007
202203 0.008 117.646 0.009
202206 0.010 120.806 0.011
202209 0.012 120.648 0.013
202212 0.010 120.964 0.011
202303 0.021 122.702 0.023
202306 0.020 124.203 0.021
202309 0.024 125.230 0.025
202312 0.016 125.072 0.017
202403 0.026 126.258 0.027
202406 0.032 127.522 0.033
202409 0.035 127.285 0.036
202412 0.028 127.364 0.029
202503 0.031 129.181 0.032
202506 0.040 129.892 0.041
202509 0.075 130.287 0.076
202512 0.104 130.366 0.106
202603 0.174 132.262 0.174

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 5.32 mean?
Victory Square Technologies (VSQTF) has a Cyclically Adjusted PS Ratio of 5.32 as of Jul. 26, 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 Victory Square Technologies and its competitors. This is near median its historical median of 5.71. Over the past decade, Victory Square Technologies' Cyclically Adjusted PS Ratio has ranged from 2.42 to 13.95. According to the industry distribution chart, Victory Square Technologies ranks #318 out of 358 companies in the Healthcare Providers & Services industry, placing it in the top 88.8%.
Is Victory Square Technologies' Cyclically Adjusted PS Ratio too high?
Victory Square Technologies' current Cyclically Adjusted PS Ratio of 5.32 is near median its 10-year median of 5.71. Over the past 10 years, this metric has ranged from a low of 2.42 to a high of 13.95. The Healthcare Providers & Services industry median Cyclically Adjusted PS Ratio is 1.13. Victory Square Technologies' value of 5.32 is 370.8% above this industry median. Based on the distribution chart, Victory Square Technologies ranks #318 out of 358 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Victory Square Technologies has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Victory Square Technologies' Cyclically Adjusted PS Ratio compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Victory Square Technologies ranks #318 out of 358 companies for Cyclically Adjusted PS Ratio. This places Victory Square Technologies in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.13. Victory Square Technologies' value of 5.32 is 370.8% above this benchmark. Historically, Victory Square Technologies' own Cyclically Adjusted PS Ratio has ranged from 2.42 to 13.95 over the past decade. While the company's 10-year median is 5.71 vs. the industry median of 1.13, Victory Square Technologies 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PS Ratio among Healthcare Providers & Services companies is 1.13, based on 358 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. Victory Square Technologies's current Cyclically Adjusted PS Ratio of 5.32 is 370.8% 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 Victory Square Technologies and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PS Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Victory Square Technologies's current Cyclically Adjusted PS Ratio is 5.32, which is near median its own 10-year median of 5.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victory Square Technologies stock overvalued right now?
Based on GuruFocus' analysis, Victory Square Technologies (VSQTF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.55, compared to a current price of $0.48 — trading 13% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.32, which is near median its 10-year median of 5.71 and 370.8% above the Healthcare Providers & Services industry median of 1.13. Victory Square Technologies' overall GF Score™ is 50/100 with 2 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 Victory Square Technologies (VSQTF), the current Cyclically Adjusted PS Ratio is 5.32 as of Jul. 26, 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 Victory Square Technologies (VSQTF) Overvalued in 2026?

Based on GuruFocus' analysis, Victory Square Technologies stock appears to be undervalued. The current stock price of $0.48 is trading 13% below its estimated GF Value™ of $0.55. GuruFocus considers Victory Square Technologies to be Modestly Undervalued.

Key valuation signals for VSQTF:

  • Cyclically Adjusted PS Ratio: 5.32 (near median its 10-year median of 5.71)
  • GF Value™: $0.55 vs. price of $0.48 (13% below fair value)
  • GF Score™: 50/100 with 2 warning signs
  • Industry Position: 370.8% above the Healthcare Providers & Services median (#318 of 358)

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


Victory Square Technologies Business Description

Other Exchanges 6F6:GermanyVST:Canada
Address 789 West Pender Street, Suite 480, Vancouver, BC, CAN, V6C 1H2
Victory Square Technologies Inc is focused on investing in disruptive innovation builds, acquires, and invests in startups, then provides the senior leadership and resources needed for fast-track growth. Victory Square provides investors with a liquid way to invest in early-stage technology and healthcare companies without buying a venture fund that requires accredited investor status or multi-year commitments. The firm's corporate portfolio consists of companies using Artificial intelligence (AI), Virtual reality (VR), Augmented reality (AR), and blockchain to disrupt sectors as diverse as fintech, insurance, health, and gaming. The segments of the company are Investments; Health Tech; and Health.
50GF Score

Get the complete analysis for VSQTF

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

$0.48
Price
$0.55
GF Value