ASPN (Aspen Aerogels) Cyclically Adjusted Revenue per Share: $5.31 (As of Mar. 2026)


ASPN Aspen Aerogels Inc ASPN
68 GF Score
Price $5.58
GF Value $5.10
Valuation Fairly Valued
! 4 Warning Signs
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What is Aspen Aerogels Cyclically Adjusted Revenue per Share?

Aspen Aerogels ASPN -5.90% 68 Cyclically Adjusted Revenue per Share is $5.31 as of Mar. 2026. GuruFocus rates ASPN with a GF Score™ of 68/100 and a GF Value™ of $5.10 (Fairly Valued). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Aspen Aerogels's adjusted revenue per share for the three months ended in Mar. 2026 was $0.458. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $5.31 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Aspen Aerogels's average Cyclically Adjusted Revenue Growth Rate was -5.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -5.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Aspen Aerogels was -2.20% per year. The lowest was -5.60% per year. And the median was -3.90% per year.

As of today (2026-07-06), Aspen Aerogels's current stock price is $5.58. Aspen Aerogels's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $5.31. Aspen Aerogels's Cyclically Adjusted PS Ratio of today is 1.05.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Aspen Aerogels was 10.61. The lowest was 0.53. And the median was 1.88.


Aspen Aerogels  (NYSE:ASPN) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Aspen Aerogels's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5.58/5.31
=1.05

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Aspen Aerogels was 10.61. The lowest was 0.53. And the median was 1.88.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Aspen Aerogels Cyclically Adjusted Revenue per Share Related Terms


Aspen Aerogels Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Aspen Aerogels's Cyclically Adjusted Revenue per Share 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.

Aspen Aerogels Cyclically Adjusted Revenue per Share Chart

Aspen Aerogels Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 6.38 6.45 5.61 5.36

Aspen Aerogels Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 5.64 5.61 5.55 5.36 5.31

ASPN vs AIRJ, JLHL, PPIH: Cyclically Adjusted Revenue per Share Comparison

For the Building Products & Equipment subindustry, Aspen Aerogels'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.


Aspen Aerogels Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Aspen Aerogels's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ASPN
68GF Score
Aspen Aerogels Inc ASPN
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Aspen Aerogels Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Aspen Aerogels'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)
=0.458/330.2130*330.2130
=0.458

Current CPI (Mar. 2026) = 330.2130.

Aspen Aerogels Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.199 241.018 1.643
201609 1.276 241.428 1.745
201612 1.191 241.432 1.629
201703 0.989 243.801 1.340
201706 1.073 244.955 1.446
201709 1.160 246.819 1.552
201712 1.548 246.524 2.074
201803 0.979 249.554 1.295
201806 0.913 251.989 1.196
201809 1.005 252.439 1.315
201812 1.497 251.233 1.968
201903 1.166 254.202 1.515
201906 1.224 256.143 1.578
201909 1.466 256.759 1.885
201912 1.924 256.974 2.472
202003 1.128 258.115 1.443
202006 0.929 257.797 1.190
202009 0.905 260.280 1.148
202012 0.851 260.474 1.079
202103 1.004 264.877 1.252
202106 1.111 271.696 1.350
202109 0.934 274.310 1.124
202112 0.963 278.802 1.141
202203 1.166 287.504 1.339
202206 1.296 296.311 1.444
202209 0.928 296.808 1.032
202212 1.209 296.797 1.345
202303 0.659 301.836 0.721
202306 0.695 305.109 0.752
202309 0.876 307.789 0.940
202312 1.203 306.746 1.295
202403 1.247 312.332 1.318
202406 1.491 314.175 1.567
202409 1.539 315.301 1.612
202412 1.469 315.605 1.537
202503 0.959 319.799 0.990
202506 0.949 322.561 0.972
202509 0.886 324.800 0.901
202512 0.500 324.054 0.510
202603 0.458 330.213 0.458

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of $5.31 mean?
Aspen Aerogels (ASPN) has a Cyclically Adjusted Revenue per Share of $5.31 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Aspen Aerogels and its competitors.
Is Aspen Aerogels' Cyclically Adjusted Revenue per Share too high?
Aspen Aerogels' current Cyclically Adjusted Revenue per Share is $5.31. Overall, Aspen Aerogels has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aspen Aerogels' Cyclically Adjusted Revenue per Share compare to AIRJ and JLHL?
Aspen Aerogels' Cyclically Adjusted Revenue per Share of $5.31 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Construction company?
A good Cyclically Adjusted Revenue per Share depends on the Construction industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Aspen Aerogels and its competitors. Aspen Aerogels's current Cyclically Adjusted Revenue per Share is $5.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspen Aerogels stock overvalued right now?
Based on GuruFocus' analysis, Aspen Aerogels (ASPN) is currently considered Fairly Valued. The stock's GF Value™ is $5.10, compared to a current price of $5.58 — trading 9.4% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $5.31. Aspen Aerogels' overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Aspen Aerogels (ASPN), the current Cyclically Adjusted Revenue per Share is $5.31 as of Mar. 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 Aspen Aerogels (ASPN) Overvalued in 2026?

Based on GuruFocus' analysis, Aspen Aerogels stock appears to be overvalued. The current stock price of $5.58 is trading 9.4% above its estimated GF Value™ of $5.10. GuruFocus considers Aspen Aerogels to be Fairly Valued.

Key valuation signals for ASPN:

  • Cyclically Adjusted Revenue per Share: $5.31
  • GF Value™: $5.10 vs. price of $5.58 (9.4% above fair value)
  • GF Score™: 68/100 with 4 warning signs

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


Aspen Aerogels Business Description

Address 30 Forbes Road, Building B, Northborough, MA, USA, 01532
Aspen Aerogels Inc is an aerogel technology company that designs, develops, and manufactures high-performance aerogel insulation used in the energy industrial and sustainable insulation markets. The company also conducts research and development related to aerogel technology, supported by funding from several agencies of the United States of America government and other institutions in the form of research and development contracts. It is engaged in two operating segment Energy Industrial and Thermal Barrier. Geographically, it operates in the U.S. and also has a presence in other International countries. It generates the majority of its revenue from the Thermal Barrier segment and the United States market. Some of its products include Pyrogel XTE, Cryogel Z, Spaceloft Subsea, and others.
68GF Score

Get the complete analysis for ASPN

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

$5.58
Price
$5.10
GF Value