NextEra Energy (BSP:NEXT34) Cyclically Adjusted PS Ratio: 6.58 (As of Aug. 23, 2026) — Near Median

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BSP:NEXT34 NextEra Energy Inc BSP:NEXT34
66 GF Score
Price R$107.38
GF Value R$105.61
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is NextEra Energy Cyclically Adjusted PS Ratio?

NextEra Energy BSP:NEXT34 -3.16% 66 Cyclically Adjusted PS Ratio is 6.58 as of Aug. 23, 2026, which is 7% above its 10-year median of 6.14. GuruFocus rates BSP:NEXT34 with a GF Score™ of 66/100 and a GF Value™ of R$105.61 (Fairly Valued). The stock has 7 warning signs investors should review. Among 438 Utilities - Regulated companies, NextEra Energy ranks worse than 96.8% on this metric.

As of today (2026-08-23), NextEra Energy's current share price is R$107.38. NextEra Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$16.32. NextEra Energy's Cyclically Adjusted PS Ratio for today is 6.58.

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

BSP:NEXT34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.82   Med: 6.14   Max: 9.06
Current: 6.64

During the past years, NextEra Energy's highest Cyclically Adjusted PS Ratio was 9.06. The lowest was 2.82. And the median was 6.14.

BSP:NEXT34's Cyclically Adjusted PS Ratio is ranked worse than
96.8% of 438 companies
in the Utilities - Regulated industry
Industry Median: 1.41 vs BSP:NEXT34: 6.64

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.

NextEra Energy's adjusted revenue per share data for the three months ended in Jun. 2026 was R$4.610. 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 R$16.32 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NextEra Energy  (BSP:NEXT34) 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.


NextEra Energy Cyclically Adjusted PS Ratio Related Terms


NextEra Energy Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for NextEra 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.

NextEra Energy Cyclically Adjusted PS Ratio Chart

NextEra 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 9.06 7.64 5.27 6.08 6.63

NextEra 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 5.77 6.22 6.63 7.50 6.97

BSP:NEXT34 vs SO, DUK, AEP: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Electric subindustry, NextEra 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.


NextEra Energy Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

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


BSP:NEXT34
66GF Score
NextEra Energy Inc BSP:NEXT34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NextEra 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=107.38/16.32
=6.58

* 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.

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

For example, NextEra 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)
=4.61/333.9520*333.9520
=4.610

Current CPI (Jun. 2026) = 333.9520.

NextEra Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.097 241.428 2.901
201612 1.645 241.432 2.275
201703 1.651 243.801 2.261
201706 1.923 244.955 2.622
201709 1.988 246.819 2.690
201712 1.733 246.524 2.348
201803 1.667 249.554 2.231
201806 2.015 251.989 2.670
201809 2.375 252.439 3.142
201812 2.215 251.233 2.944
201903 2.030 254.202 2.667
201906 2.481 256.143 3.235
201909 2.952 256.759 3.840
201912 2.395 256.974 3.112
202003 2.865 258.115 3.707
202006 2.772 257.797 3.591
202009 3.281 260.280 4.210
202012 2.866 260.474 3.674
202103 2.660 264.877 3.354
202106 2.506 271.696 3.080
202109 2.923 274.310 3.559
202112 3.612 278.802 4.326
202203 1.822 287.504 2.116
202206 3.315 296.311 3.736
202209 4.451 296.808 5.008
202212 4.055 296.797 4.563
202303 4.361 301.836 4.825
202306 4.399 305.109 4.815
202309 4.349 307.789 4.719
202312 4.101 306.746 4.465
202403 3.472 312.332 3.712
202406 3.970 314.175 4.220
202409 5.082 315.301 5.383
202412 3.983 315.605 4.215
202503 4.364 319.799 4.557
202506 4.506 322.561 4.665
202509 5.158 324.800 5.303
202512 4.243 324.054 4.373
202603 4.187 330.213 4.234
202606 4.610 333.952 4.610

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 6.58 mean?
NextEra Energy (BSP:NEXT34) has a Cyclically Adjusted PS Ratio of 6.58 as of Aug. 23, 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 NextEra Energy and its competitors. This is near median its historical median of 6.14. Over the past decade, NextEra Energy's Cyclically Adjusted PS Ratio has ranged from 2.82 to 9.06. According to the industry distribution chart, NextEra Energy ranks #424 out of 438 companies in the Utilities - Regulated industry, placing it in the top 96.8%.
Is NextEra Energy's Cyclically Adjusted PS Ratio too high?
NextEra Energy's current Cyclically Adjusted PS Ratio of 6.58 is near median its 10-year median of 6.14. Over the past 10 years, this metric has ranged from a low of 2.82 to a high of 9.06. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.41. NextEra Energy's value of 6.58 is 366.7% above this industry median. Based on the distribution chart, NextEra Energy ranks #424 out of 438 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, NextEra Energy has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NextEra Energy's Cyclically Adjusted PS Ratio compare to SO and DUK?
According to the Utilities - Regulated industry distribution chart, NextEra Energy ranks #424 out of 438 companies for Cyclically Adjusted PS Ratio. This places NextEra Energy in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.41. NextEra Energy's value of 6.58 is 366.7% above this benchmark. Historically, NextEra Energy's own Cyclically Adjusted PS Ratio has ranged from 2.82 to 9.06 over the past decade. While the company's 10-year median is 6.14 vs. the industry median of 1.41, NextEra Energy 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 1.41, based on 438 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. NextEra Energy's current Cyclically Adjusted PS Ratio of 6.58 is 366.7% 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 NextEra Energy and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NextEra Energy's current Cyclically Adjusted PS Ratio is 6.58, which is near median its own 10-year median of 6.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextEra Energy stock overvalued right now?
Based on GuruFocus' analysis, NextEra Energy (BSP:NEXT34) is currently considered Fairly Valued. The stock's GF Value™ is R$105.61, compared to a current price of R$107.38 — trading 1.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.58, which is near median its 10-year median of 6.14 and 366.7% above the Utilities - Regulated industry median of 1.41. NextEra Energy's overall GF Score™ is 66/100 with 7 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 NextEra Energy (BSP:NEXT34), the current Cyclically Adjusted PS Ratio is 6.58 as of Aug. 23, 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 NextEra Energy (BSP:NEXT34) Overvalued in 2026?

Based on GuruFocus' analysis, NextEra Energy stock appears to be overvalued. The current stock price of R$107.38 is trading 1.7% above its estimated GF Value™ of R$105.61. GuruFocus considers NextEra Energy to be Fairly Valued.

Key valuation signals for BSP:NEXT34:

  • Cyclically Adjusted PS Ratio: 6.58 (near median its 10-year median of 6.14)
  • GF Value™: R$105.61 vs. price of R$107.38 (1.7% above fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 366.7% above the Utilities - Regulated median (#424 of 438)

No single metric tells the full story. See the BSP:NEXT34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NextEra Energy Business Description

Address 700 Universe Boulevard, Juno Beach, FL, USA, 33408
NextEra Energy's regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to over 6 million customer accounts in Florida and owns 36 gigawatts of generation. FP&L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with nearly 40 GW of generation capacity, including natural gas, nuclear, wind, and solar.
66GF Score

Get the complete analysis for BSP:NEXT34

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

R$107.38
Price
R$105.61
GF Value