As of Q1'26 (2025-12-31), CLSK's EV/Sales ratio stands at 19.00, reflecting a moderate decline from the previous quarter's 16.97. This latest figure indicates a relatively stable valuation compared to the recent quarters, following a period of heightened volatility. Over the period from Q2'23 to Q1'26, the EV/Sales ratio for CLSK exhibited significant fluctuations. The metric surged from 13.29 in Q2'23 to a peak of 45.07 in Q4'24, before sharply correcting to 18.44 in Q1'25. Since then, the ratio has stabilized in the 16.43–19.11 range, suggesting the company’s valuation relative to sales has normalized after a volatile period.