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Block (XTER:SQ3) Cyclically Adjusted PS Ratio : 2.51 (As of May. 25, 2025)


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What is Block Cyclically Adjusted PS Ratio?

As of today (2025-05-25), Block's current share price is €51.40. Block's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was €20.48. Block's Cyclically Adjusted PS Ratio for today is 2.51.

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

XTER:SQ3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.08   Med: 3.44   Max: 4.8
Current: 2.63

During the past years, Block's highest Cyclically Adjusted PS Ratio was 4.80. The lowest was 2.08. And the median was 3.44.

XTER:SQ3's Cyclically Adjusted PS Ratio is ranked worse than
56.1% of 1376 companies
in the Software industry
Industry Median: 2.115 vs XTER:SQ3: 2.63

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.

Block's adjusted revenue per share data for the three months ended in Mar. 2025 was €8.403. 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 €20.48 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Block Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Block'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.

* Premium members only.

Block Cyclically Adjusted PS Ratio Chart

Block Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 3.99

Block Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.47 3.30 3.28 3.99 2.43

Competitive Comparison of Block's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, Block'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.


Block's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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


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Block 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=51.40/20.48
=2.51

* 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.

Block's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Block's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=8.403/134.9266*134.9266
=8.403

Current CPI (Mar. 2025) = 134.9266.

Block Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.972 100.684 1.303
201509 0.917 100.392 1.232
201512 1.026 99.792 1.387
201603 1.028 100.470 1.381
201606 1.167 101.688 1.548
201609 1.137 101.861 1.506
201612 1.202 101.863 1.592
201703 1.177 102.862 1.544
201706 1.304 103.349 1.702
201709 1.279 104.136 1.657
201712 1.334 104.011 1.731
201803 1.369 105.290 1.754
201806 1.730 106.317 2.196
201809 1.592 106.507 2.017
201812 1.980 105.998 2.520
201903 2.025 107.251 2.548
201906 2.455 108.070 3.065
201909 2.467 108.329 3.073
201912 1.988 108.420 2.474
202003 2.874 108.902 3.561
202006 3.881 108.767 4.814
202009 5.277 109.815 6.484
202012 4.263 109.897 5.234
202103 8.473 111.754 10.230
202106 7.434 114.631 8.750
202109 6.483 115.734 7.558
202112 7.802 117.630 8.949
202203 6.642 121.301 7.388
202206 7.167 125.017 7.735
202209 7.695 125.227 8.291
202212 7.328 125.222 7.896
202303 7.474 127.348 7.919
202306 8.421 128.729 8.826
202309 8.611 129.860 8.947
202312 8.326 129.419 8.680
202403 8.599 131.776 8.805
202406 9.017 132.554 9.178
202409 8.509 133.029 8.630
202412 9.012 133.157 9.132
202503 8.403 134.927 8.403

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.


Block  (XTER:SQ3) 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.


Block Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Block's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Block Business Description

Industry
Address
1955 Broadway, Suite 600, Oakland, CA, USA, 94612
Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2024, Square's payment volume was almost USD 250 million.

Block Headlines

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