AGL Energy (ASX:AGL) Cyclically Adjusted PS Ratio: 0.37 (As of Jul. 20, 2026) — 30% Below Median

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ASX:AGL AGL Energy Ltd ASX:AGL
59 GF Score
Price A$8.33
GF Value A$10.03
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is AGL Energy Cyclically Adjusted PS Ratio?

AGL Energy ASX:AGL -0.72% 59 Cyclically Adjusted PS Ratio is 0.37 as of Jul. 20, 2026, which is 30% below its 10-year median of 0.53. GuruFocus rates ASX:AGL with a GF Score™ of 59/100 and a GF Value™ of A$10.03 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 269 Utilities - Independent Power Producers companies, AGL Energy ranks better than 81.04% on this metric.

As of today (2026-07-20), AGL Energy's current share price is A$8.33. AGL Energy's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun25 was A$22.22. AGL Energy's Cyclically Adjusted PS Ratio for today is 0.37.

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

ASX:AGL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.53   Max: 1.74
Current: 0.38

During the past 13 years, AGL Energy's highest Cyclically Adjusted PS Ratio was 1.74. The lowest was 0.27. And the median was 0.53.

ASX:AGL's Cyclically Adjusted PS Ratio is ranked better than
81.04% of 269 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.68 vs ASX:AGL: 0.38

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.

AGL Energy's adjusted revenue per share data of for the fiscal year that ended in Jun25 was A$20.572. 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 A$22.22 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


AGL Energy  (ASX:AGL) 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.


AGL Energy Cyclically Adjusted PS Ratio Related Terms


AGL Energy Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for AGL Energy'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.

AGL Energy Cyclically Adjusted PS Ratio Chart

AGL Energy Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.41 0.51 0.50 0.44

AGL Energy Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.50 0.00 0.44 0.00

ASX:AGL vs CEG, VST, NRG: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Independent Power Producers subindustry, AGL Energy'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.


AGL Energy Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

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

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


ASX:AGL
59GF Score
AGL Energy Ltd ASX:AGL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AGL Energy 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.

AGL Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.33/22.22
=0.37

* 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.

AGL Energy's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun25 is calculated as:

For example, AGL Energy's adjusted Revenue per Share data for the fiscal year that ended in Jun25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=20.572/131.5506*131.5506
=20.572

Current CPI (Jun25) = 131.5506.

AGL Energy Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201606 16.526 0.000
201706 18.466 0.000
201806 19.519 0.000
201906 19.871 0.000
202006 18.624 0.000
202106 17.143 0.000
202206 19.864 0.000
202306 20.615 0.000
202406 19.452 0.000
202506 20.572 131.551 20.572

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.

What does a Cyclically Adjusted PS Ratio of 0.37 mean?
AGL Energy (ASX:AGL) has a Cyclically Adjusted PS Ratio of 0.37 as of Jul. 20, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on AGL Energy and its competitors. This is 30% below median its historical median of 0.53. Over the past decade, AGL Energy's Cyclically Adjusted PS Ratio has ranged from 0.27 to 1.74. According to the industry distribution chart, AGL Energy ranks #51 out of 269 companies in the Utilities - Independent Power Producers industry, placing it in the top 19%.
Is AGL Energy's Cyclically Adjusted PS Ratio too high?
AGL Energy's current Cyclically Adjusted PS Ratio of 0.37 is 30% below median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 1.74. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.68. AGL Energy's value of 0.37 is 78% below this industry median. Based on the distribution chart, AGL Energy ranks #51 out of 269 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, AGL Energy has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AGL Energy's Cyclically Adjusted PS Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, AGL Energy ranks #51 out of 269 companies for Cyclically Adjusted PS Ratio. This places AGL Energy in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.68. AGL Energy's value of 0.37 is 78% below this benchmark. Historically, AGL Energy's own Cyclically Adjusted PS Ratio has ranged from 0.27 to 1.74 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 1.68, AGL Energy has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PS Ratio among Utilities - Independent Power Producers companies is 1.68, based on 269 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AGL Energy's current Cyclically Adjusted PS Ratio of 0.37 is 78% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on AGL Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AGL Energy's current Cyclically Adjusted PS Ratio is 0.37, which is 30% below median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AGL Energy stock overvalued right now?
Based on GuruFocus' analysis, AGL Energy (ASX:AGL) is currently considered Modestly Undervalued. The stock's GF Value™ is A$10.03, compared to a current price of A$8.33 — trading 16.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.37, which is 30% below median its 10-year median of 0.53 and 78% below the Utilities - Independent Power Producers industry median of 1.68. AGL Energy's overall GF Score™ is 59/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For AGL Energy (ASX:AGL), the current Cyclically Adjusted PS Ratio is 0.37 as of Jul. 20, 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 AGL Energy (ASX:AGL) Overvalued in 2026?

Based on GuruFocus' analysis, AGL Energy stock appears to be undervalued. The current stock price of A$8.33 is trading 16.9% below its estimated GF Value™ of A$10.03. GuruFocus considers AGL Energy to be Modestly Undervalued.

Key valuation signals for ASX:AGL:

  • Cyclically Adjusted PS Ratio: 0.37 (30% below median its 10-year median of 0.53)
  • GF Value™: A$10.03 vs. price of A$8.33 (16.9% below fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 78% below the Utilities - Independent Power Producers median (#51 of 269)

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


AGL Energy Business Description

Address 200 George Street, Level 24, Sydney, NSW, AUS, 2000
AGL Energy is one of Australia's largest retailers of electricity and gas. It services over 4 million retail electricity and gas accounts in Australian, or about one-third of the market. Profit is dominated by energy generation, underpinned by its low-cost coal-fired generation fleet. Founded in 1837, it is the oldest company on the ASX. Generation capacity comprises a portfolio of renewable, peaking, intermediate, and base-load electricity generation plants.
59GF Score

Get the complete analysis for ASX:AGL

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

A$8.33
Price
A$10.03
GF Value