As of Q1'26, CRNC's P/S Ratio stands at 1.09, reflecting a decrease from the previous quarter's value of 1.803. This latest data point suggests a continued contraction in the company's price-to-sales valuation relative to earlier periods. Over the period from Q2'23 to Q1'26, the P/S Ratio has exhibited significant volatility, peaking at 3.9 in Q3'23 before experiencing a sharp decline to a low of 0.295 in Q3'24. After this trough, the ratio rebounded to 2.255 in Q1'25 but has since trended downward again. Overall, the data indicates a downward trend in valuation multiples, with notable fluctuations and no sustained recovery to earlier highs.