AVA (Avista) Cyclically Adjusted PS Ratio: 1.55 (As of Jul. 09, 2026) — Near Median


AVA Avista Corp AVA
74 GF Score
Price $40.87
GF Value $36.60
Valuation Modestly Overvalued
! 13 Warning Signs
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What is Avista Cyclically Adjusted PS Ratio?

Avista AVA -0.90% 74 Cyclically Adjusted PS Ratio is 1.55 as of Jul. 09, 2026, which is 1% below its 10-year median of 1.56. GuruFocus rates AVA with a GF Score™ of 74/100 and a GF Value™ of $36.60 (Modestly Overvalued). The stock has 13 warning signs investors should review. Among 440 Utilities - Regulated companies, Avista ranks worse than 54.09% on this metric.

As of today (2026-07-09), Avista's current share price is $40.87. Avista's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $26.41. Avista's Cyclically Adjusted PS Ratio for today is 1.55.

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

AVA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.19   Med: 1.56   Max: 2.03
Current: 1.55

During the past years, Avista's highest Cyclically Adjusted PS Ratio was 2.03. The lowest was 1.19. And the median was 1.56.

AVA's Cyclically Adjusted PS Ratio is ranked worse than
54.09% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.43 vs AVA: 1.55

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.

Avista's adjusted revenue per share data for the three months ended in Mar. 2026 was $6.921. 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 $26.41 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avista  (NYSE:AVA) 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.


Avista Cyclically Adjusted PS Ratio Related Terms


Avista Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Avista'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.

Avista Cyclically Adjusted PS Ratio Chart

Avista Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.68 1.69 1.36 1.40 1.47

Avista Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.59 1.44 1.43 1.47 1.52

AVA vs UTL, AES, SRE: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Diversified subindustry, Avista'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.


Avista Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Avista's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


AVA
74GF Score
Avista Corp AVA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Avista 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.

Avista's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=40.87/26.41
=1.55

* 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.

Avista's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Avista'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)
=6.921/330.2130*330.2130
=6.921

Current CPI (Mar. 2026) = 330.2130.

Avista Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.999 241.018 6.849
201609 4.716 241.428 6.450
201612 6.223 241.432 8.511
201703 6.770 243.801 9.170
201706 4.872 244.955 6.568
201709 4.578 246.819 6.125
201712 6.092 246.524 8.160
201803 6.209 249.554 8.216
201806 4.839 251.989 6.341
201809 4.483 252.439 5.864
201812 5.653 251.233 7.430
201903 6.013 254.202 7.811
201906 4.560 256.143 5.879
201909 4.277 256.759 5.501
201912 5.428 256.974 6.975
202003 5.791 258.115 7.409
202006 4.122 257.797 5.280
202009 3.990 260.280 5.062
202012 5.505 260.474 6.979
202103 5.940 264.877 7.405
202106 4.289 271.696 5.213
202109 4.221 274.310 5.081
202112 6.067 278.802 7.186
202203 6.424 287.504 7.378
202206 5.210 296.311 5.806
202209 4.904 296.808 5.456
202212 6.846 296.797 7.617
202303 6.305 301.836 6.898
202306 4.991 305.109 5.402
202309 4.946 307.789 5.306
202312 6.655 306.746 7.164
202403 7.787 312.332 8.233
202406 5.124 314.175 5.386
202409 4.989 315.301 5.225
202412 6.692 315.605 7.002
202503 7.683 319.799 7.933
202506 5.088 322.561 5.209
202509 4.958 324.800 5.041
202512 6.512 324.054 6.636
202603 6.921 330.213 6.921

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 1.55 mean?
Avista (AVA) has a Cyclically Adjusted PS Ratio of 1.55 as of Jul. 09, 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 Avista and its competitors. This is near median its historical median of 1.56. Over the past decade, Avista's Cyclically Adjusted PS Ratio has ranged from 1.19 to 2.03. According to the industry distribution chart, Avista ranks #238 out of 440 companies in the Utilities - Regulated industry, placing it in the top 54.1%.
Is Avista's Cyclically Adjusted PS Ratio too high?
Avista's current Cyclically Adjusted PS Ratio of 1.55 is near median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 2.03. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.43. Avista's value of 1.55 is 8.4% above this industry median. Based on the distribution chart, Avista ranks #238 out of 440 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Avista has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Avista's Cyclically Adjusted PS Ratio compare to UTL and AES?
According to the Utilities - Regulated industry distribution chart, Avista ranks #238 out of 440 companies for Cyclically Adjusted PS Ratio. This places Avista in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.43. Avista's value of 1.55 is 8.4% above this benchmark. Historically, Avista's own Cyclically Adjusted PS Ratio has ranged from 1.19 to 2.03 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 1.43, Avista has consistently been above 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 - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.43, based on 440 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. Avista's current Cyclically Adjusted PS Ratio of 1.55 is 8.4% above 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 Avista and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avista's current Cyclically Adjusted PS Ratio is 1.55, which is near median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avista stock overvalued right now?
Based on GuruFocus' analysis, Avista (AVA) is currently considered Modestly Overvalued. The stock's GF Value™ is $36.60, compared to a current price of $40.87 — trading 11.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.55, which is near median its 10-year median of 1.56 and 8.4% above the Utilities - Regulated industry median of 1.43. Avista's overall GF Score™ is 74/100 with 13 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 Avista (AVA), the current Cyclically Adjusted PS Ratio is 1.55 as of Jul. 09, 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 Avista (AVA) Overvalued in 2026?

Based on GuruFocus' analysis, Avista stock appears to be overvalued. The current stock price of $40.87 is trading 11.7% above its estimated GF Value™ of $36.60. GuruFocus considers Avista to be Modestly Overvalued.

Key valuation signals for AVA:

  • Cyclically Adjusted PS Ratio: 1.55 (near median its 10-year median of 1.56)
  • GF Value™: $36.60 vs. price of $40.87 (11.7% above fair value)
  • GF Score™: 74/100 with 13 warning signs
  • Industry Position: 8.4% above the Utilities - Regulated median (#238 of 440)

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


Avista Business Description

Other Exchanges AV6:Germany
Address 1411 East Mission Avenue, Spokane, WA, USA, 99202-2600
Avista Corp is an electric and natural gas utility company. The company has two business segments including Avista Utilities, which provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho, and also provides natural gas distribution service in parts of northeastern and southwestern Oregon. Avista Utilities has electric generating facilities in Washington, Idaho, Oregon, and Montana. AEL&P segment is a regulated utility providing electric services in Juneau, Alaska that is a wholly-owned subsidiary and the primary operating subsidiary of AERC.
74GF Score

Get the complete analysis for AVA

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

$40.87
Price
$36.60
GF Value