BTCS (FRA:36C) Cyclically Adjusted Revenue per Share: €0.27 (As of Mar. 2026)

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FRA:36C BTCS SA FRA:36C
19 GF Score
Price €0.86
GF Value €0.04
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is BTCS Cyclically Adjusted Revenue per Share?

BTCS FRA:36C 19 Cyclically Adjusted Revenue per Share is €0.27 as of Mar. 2026. GuruFocus rates FRA:36C with a GF Score™ of 19/100 and a GF Value™ of €0.04 (Significantly Overvalued). The stock has 8 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.

BTCS's adjusted revenue per share for the three months ended in Mar. 2026 was €0.009. 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 €0.27 for the trailing ten years ended in Mar. 2026.

During the past 12 months, BTCS's average Cyclically Adjusted Revenue Growth Rate was -27.00% 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.

As of today (2026-08-27), BTCS's current stock price is €0.855. BTCS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €0.27. BTCS's Cyclically Adjusted PS Ratio of today is 3.17.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of BTCS was 7.17. The lowest was 0.34. And the median was 0.57.


BTCS  (FRA:36C) 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.

BTCS's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.855/0.27
=3.17

* 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 BTCS was 7.17. The lowest was 0.34. And the median was 0.57.


Be Aware

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


BTCS Cyclically Adjusted Revenue per Share Related Terms


BTCS Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for BTCS'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.

BTCS Cyclically Adjusted Revenue per Share Chart

BTCS 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 0.00 0.00 0.00 0.00 0.00

BTCS 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 0.00 0.00 0.00 0.00 0.27

FRA:36C vs DELL, ANET, SNDK: Cyclically Adjusted Revenue per Share Comparison

For the Computer Hardware subindustry, BTCS'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.


BTCS Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


FRA:36C
19GF Score
BTCS SA FRA:36C
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BTCS 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, BTCS'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)
=0.009/163.0700*163.0700
=0.009

Current CPI (Mar. 2026) = 163.0700.

BTCS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.156 99.552 0.256
201609 0.147 99.064 0.242
201612 0.207 100.366 0.336
201703 0.099 101.018 0.160
201706 0.095 101.180 0.153
201709 0.105 101.343 0.169
201712 0.125 102.564 0.199
201803 0.069 102.564 0.110
201806 0.069 103.378 0.109
201809 0.058 103.378 0.091
201812 0.057 103.785 0.090
201903 0.044 104.274 0.069
201906 0.052 105.983 0.080
201909 0.040 105.983 0.062
201912 0.032 107.123 0.049
202003 0.034 109.076 0.051
202006 0.026 109.402 0.039
202009 0.037 109.320 0.055
202012 0.059 109.565 0.088
202103 0.052 112.658 0.075
202106 0.038 113.960 0.054
202109 0.039 115.588 0.055
202112 0.051 119.088 0.070
202203 0.042 125.031 0.055
202206 0.027 131.705 0.033
202209 -0.003 135.531 -0.004
202212 0.040 139.113 0.047
202303 0.023 145.950 0.026
202306 0.021 147.009 0.023
202309 0.022 146.113 0.025
202312 0.024 147.741 0.026
202403 0.021 149.044 0.023
202406 0.015 150.997 0.016
202409 0.014 153.439 0.015
202412 0.015 154.660 0.016
202503 0.016 157.021 0.017
202506 0.006 157.509 0.006
202509 0.000 158.000 0.000
202512 0.001 158.320 0.001
202603 0.009 163.070 0.009

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 €0.27 mean?
BTCS (FRA:36C) has a Cyclically Adjusted Revenue per Share of €0.27 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 BTCS and its competitors.
Is BTCS's Cyclically Adjusted Revenue per Share too high?
BTCS's current Cyclically Adjusted Revenue per Share is €0.27. Overall, BTCS has a GF Score™ of 19/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BTCS's Cyclically Adjusted Revenue per Share compare to DELL and ANET?
BTCS's Cyclically Adjusted Revenue per Share of €0.27 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Revenue per Share depends on the Hardware 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 BTCS and its competitors. BTCS's current Cyclically Adjusted Revenue per Share is €0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BTCS stock overvalued right now?
Based on GuruFocus' analysis, BTCS (FRA:36C) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.04, compared to a current price of €0.86 — trading 2037.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €0.27. BTCS's overall GF Score™ is 19/100 with 8 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 BTCS (FRA:36C), the current Cyclically Adjusted Revenue per Share is €0.27 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 BTCS (FRA:36C) Overvalued in 2026?

Based on GuruFocus' analysis, BTCS stock appears to be overvalued. The current stock price of €0.86 is trading 2037.5% above its estimated GF Value™ of €0.04. GuruFocus considers BTCS to be Significantly Overvalued.

Key valuation signals for FRA:36C:

  • Cyclically Adjusted Revenue per Share: €0.27
  • GF Value™: €0.04 vs. price of €0.86 (2037.5% above fair value)
  • GF Score™: 19/100 with 8 warning signs

No single metric tells the full story. See the FRA:36C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BTCS Business Description

Other Exchanges BTF:Poland
Address Plac Powstancow Warszawy 2, Warszawa, POL, 00-030
BTCS SA is engaged in building and operating validation infrastructure for blockchain networks. The company operates validator nodes and building blocks, while also offering tools such as Builder+ and NodeOps to make blockchain participation easier.
19GF Score

Get the complete analysis for FRA:36C

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

€0.86
Price
€0.04
GF Value