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CEZ a.s (WAR:CEZ) Cyclically Adjusted PS Ratio : 1.86 (As of May. 28, 2024)


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What is CEZ a.s Cyclically Adjusted PS Ratio?

As of today (2024-05-28), CEZ a.s's current share price is zł160.00. CEZ a.s's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was zł85.90. CEZ a.s's Cyclically Adjusted PS Ratio for today is 1.86.

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

WAR:CEZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.6   Max: 2.63
Current: 1.9

During the past years, CEZ a.s's highest Cyclically Adjusted PS Ratio was 2.63. The lowest was 0.91. And the median was 1.60.

WAR:CEZ's Cyclically Adjusted PS Ratio is ranked worse than
50.95% of 263 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.87 vs WAR:CEZ: 1.90

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.

CEZ a.s's adjusted revenue per share data for the three months ended in Mar. 2024 was zł27.186. 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 zł85.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CEZ a.s Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CEZ a.s'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.

CEZ a.s Cyclically Adjusted PS Ratio Chart

CEZ a.s Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 1.24 1.88 1.69 2.01

CEZ a.s Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.25 1.90 2.04 2.01 1.71

Competitive Comparison of CEZ a.s's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, CEZ a.s'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.


CEZ a.s's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CEZ a.s's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



CEZ a.s 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.

CEZ a.s's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=160.00/85.9
=1.86

* 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.

CEZ a.s's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CEZ a.s's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=27.186/131.7762*131.7762
=27.186

Current CPI (Mar. 2024) = 131.7762.

CEZ a.s Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 17.616 100.560 23.085
201409 15.519 100.428 20.363
201412 15.819 99.070 21.041
201503 15.618 99.621 20.659
201506 14.682 100.684 19.216
201509 14.311 100.392 18.785
201512 16.715 99.792 22.072
201603 15.465 100.470 20.284
201606 14.172 101.688 18.365
201609 13.690 101.861 17.711
201612 16.671 101.863 21.567
201703 15.134 102.862 19.388
201706 14.528 103.349 18.524
201709 15.188 104.136 19.219
201712 18.582 104.011 23.542
201803 16.169 105.290 20.236
201806 12.578 106.317 15.590
201809 15.127 106.507 18.716
201812 16.624 105.998 20.667
201903 16.455 107.251 20.218
201906 15.183 108.070 18.514
201909 18.491 108.329 22.493
201912 18.022 108.420 21.904
202003 17.049 108.902 20.630
202006 15.108 108.767 18.304
202009 15.628 109.815 18.753
202012 19.404 109.897 23.267
202103 19.348 111.754 22.814
202106 16.764 114.631 19.271
202109 15.740 115.734 17.922
202112 26.286 117.630 29.447
202203 22.806 121.301 24.775
202206 16.768 125.017 17.675
202209 23.461 125.227 24.688
202212 3.541 125.222 3.726
202303 30.615 127.348 31.680
202306 24.721 128.729 25.306
202309 24.277 129.860 24.635
202312 23.394 129.419 23.820
202403 27.186 131.776 27.186

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.


CEZ a.s  (WAR:CEZ) 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.


CEZ a.s Cyclically Adjusted PS Ratio Related Terms

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


CEZ a.s (WAR:CEZ) Business Description

Address
Duhova 2/1444, Prague 4, CZE, 140 53
CEZ a.s is a Czech energy company of which the government of the Czech Republic is the majority shareholder. Its core business is the generation, distribution, trade, and sale of electricity and heat. With its subsidiaries, the company operates a portfolio of both conventional and renewable energy power plants. Total energy production is mainly split between facilities utilizing thermal and nuclear inputs. CEZ segments comprise Generation; Distribution; Sales and Mining. Most of its revenue gets derived from the Generation segment.

CEZ a.s (WAR:CEZ) Headlines

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