BE (Bloom Energy) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BE Bloom Energy Corp BE
65 GF Score
Price $272.89
GF Value $41.16
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Bloom Energy Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bloom Energy  (NYSE:BE) 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.


Bloom Energy Cyclically Adjusted PS Ratio Related Terms


Bloom Energy Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bloom 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.

Bloom Energy Cyclically Adjusted PS Ratio Chart

Bloom Energy 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 - - 2.14 3.16 11.84

Bloom Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.90 13.29 13.14 19.57 41.67

BE vs VRT, HUBB, NVT: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Bloom 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.


Bloom Energy Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bloom Energy's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BE
65GF Score
Bloom Energy Corp BE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bloom 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.

Bloom Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Bloom Energy's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.295/333.9520*333.9520
=3.295

Current CPI (Jun. 2026) = 333.9520.

Bloom Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.477 241.428 0.660
201612 0.600 241.432 0.830
201703 0.664 243.801 0.910
201706 0.798 244.955 1.088
201709 0.862 246.819 1.166
201712 1.133 246.524 1.535
201803 1.557 249.554 2.084
201806 1.546 251.989 2.049
201809 2.339 252.439 3.094
201812 1.436 251.233 1.909
201903 1.314 254.202 1.726
201906 1.763 256.143 2.299
201909 1.928 256.759 2.508
201912 1.801 256.974 2.340
202003 1.266 258.115 1.638
202006 1.492 257.797 1.933
202009 1.441 260.280 1.849
202012 1.503 260.474 1.927
202103 1.136 264.877 1.432
202106 1.323 271.696 1.626
202109 1.189 274.310 1.448
202112 1.947 278.802 2.332
202203 1.135 287.504 1.318
202206 1.363 296.311 1.536
202209 1.567 296.808 1.763
202212 2.299 296.797 2.587
202303 1.331 301.836 1.473
202306 1.443 305.109 1.579
202309 1.898 307.789 2.059
202312 1.301 306.746 1.416
202403 1.043 312.332 1.115
202406 1.478 314.175 1.571
202409 1.449 315.301 1.535
202412 1.944 315.605 2.057
202503 1.416 319.799 1.479
202506 1.725 322.561 1.786
202509 2.209 324.800 2.271
202512 2.950 324.054 3.040
202603 2.349 330.213 2.376
202606 3.295 333.952 3.295

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.

Is Bloom Energy (BE) Overvalued in 2026?

Based on GuruFocus' analysis, Bloom Energy stock appears to be overvalued. The current stock price of $272.89 is trading 563% above its estimated GF Value™ of $41.16. GuruFocus considers Bloom Energy to be Significantly Overvalued.

Key valuation signals for BE:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $41.16 vs. price of $272.89 (563% above fair value)
  • GF Score™: 65/100 with 5 warning signs

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


Bloom Energy Business Description

Address 4353 North First Street, San Jose, CA, USA, 95134
Bloom Energy designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation. Bloom Energy Servers are fuel-flexible and can use natural gas, biogas, and hydrogen to create 24/7 electricity for stationary applications. Bloom sells its systems in the United States and internationally.
65GF Score

Get the complete analysis for BE

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

$272.89
Price
$41.16
GF Value