Taqa Morocco (CAS:TQM) Cyclically Adjusted PS Ratio: 3.62 (As of Jul. 16, 2026) — 26% Above Median

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CAS:TQM Taqa Morocco SA CAS:TQM
74 GF Score
Price MAD1,740.00
GF Value MAD1,230.29
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Taqa Morocco Cyclically Adjusted PS Ratio?

Taqa Morocco CAS:TQM +1.16% 74 Cyclically Adjusted PS Ratio is 3.62 as of Jul. 16, 2026, which is 26% above its 10-year median of 2.88. GuruFocus rates CAS:TQM with a GF Score™ of 74/100 and a GF Value™ of MAD1,230.29 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 269 Utilities - Independent Power Producers companies, Taqa Morocco ranks worse than 73.23% on this metric.

As of today (2026-07-16), Taqa Morocco's current share price is MAD1740.00. Taqa Morocco's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was MAD480.27. Taqa Morocco's Cyclically Adjusted PS Ratio for today is 3.62.

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

CAS:TQM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.1   Med: 2.88   Max: 6.52
Current: 3.61

During the past 13 years, Taqa Morocco's highest Cyclically Adjusted PS Ratio was 6.52. The lowest was 2.10. And the median was 2.88.

CAS:TQM's Cyclically Adjusted PS Ratio is ranked worse than
73.23% of 269 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.64 vs CAS:TQM: 3.61

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.

Taqa Morocco's adjusted revenue per share data of for the fiscal year that ended in Dec25 was MAD451.015. 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 MAD480.27 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taqa Morocco  (CAS:TQM) 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.


Taqa Morocco Cyclically Adjusted PS Ratio Related Terms


Taqa Morocco Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Taqa Morocco'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.

Taqa Morocco Cyclically Adjusted PS Ratio Chart

Taqa Morocco 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 2.82 2.60 2.39 2.83 4.41

Taqa Morocco 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 2.39 0.00 2.83 0.00 4.41

CAS:TQM vs CEG, VST, NRG: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Independent Power Producers subindustry, Taqa Morocco'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.


Taqa Morocco Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

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

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


CAS:TQM
74GF Score
Taqa Morocco SA CAS:TQM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taqa Morocco 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.

Taqa Morocco's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1740.00/480.27
=3.62

* 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.

Taqa Morocco's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Taqa Morocco's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=451.015/324.0540*324.0540
=451.015

Current CPI (Dec25) = 324.0540.

Taqa Morocco Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 341.273 241.432 458.062
201712 342.772 246.524 450.571
201812 360.906 251.233 465.516
201912 386.650 256.974 487.580
202012 330.216 260.474 410.820
202112 331.375 278.802 385.160
202212 576.740 296.797 629.706
202312 559.259 306.746 590.815
202412 461.131 315.605 473.476
202512 451.015 324.054 451.015

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 3.62 mean?
Taqa Morocco (CAS:TQM) has a Cyclically Adjusted PS Ratio of 3.62 as of Jul. 16, 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 Taqa Morocco and its competitors. This is 26% above median its historical median of 2.88. Over the past decade, Taqa Morocco's Cyclically Adjusted PS Ratio has ranged from 2.10 to 6.52. According to the industry distribution chart, Taqa Morocco ranks #197 out of 269 companies in the Utilities - Independent Power Producers industry, placing it in the top 73.2%.
Is Taqa Morocco's Cyclically Adjusted PS Ratio too high?
Taqa Morocco's current Cyclically Adjusted PS Ratio of 3.62 is 26% above median its 10-year median of 2.88. Over the past 10 years, this metric has ranged from a low of 2.10 to a high of 6.52. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.64. Taqa Morocco's value of 3.62 is 120.7% above this industry median. Based on the distribution chart, Taqa Morocco ranks #197 out of 269 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Taqa Morocco has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taqa Morocco's Cyclically Adjusted PS Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Taqa Morocco ranks #197 out of 269 companies for Cyclically Adjusted PS Ratio. This places Taqa Morocco in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.64. Taqa Morocco's value of 3.62 is 120.7% above this benchmark. Historically, Taqa Morocco's own Cyclically Adjusted PS Ratio has ranged from 2.10 to 6.52 over the past decade. While the company's 10-year median is 2.88 vs. the industry median of 1.64, Taqa Morocco 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 - Independent Power Producers company?
The median Cyclically Adjusted PS Ratio among Utilities - Independent Power Producers companies is 1.64, 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. Taqa Morocco's current Cyclically Adjusted PS Ratio of 3.62 is 120.7% 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 Taqa Morocco and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taqa Morocco's current Cyclically Adjusted PS Ratio is 3.62, which is 26% above median its own 10-year median of 2.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taqa Morocco stock overvalued right now?
Based on GuruFocus' analysis, Taqa Morocco (CAS:TQM) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD1,230.29, compared to a current price of MAD1,740.00 — trading 41.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.62, which is 26% above median its 10-year median of 2.88 and 120.7% above the Utilities - Independent Power Producers industry median of 1.64. Taqa Morocco's overall GF Score™ is 74/100 with 5 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 Taqa Morocco (CAS:TQM), the current Cyclically Adjusted PS Ratio is 3.62 as of Jul. 16, 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 Taqa Morocco (CAS:TQM) Overvalued in 2026?

Based on GuruFocus' analysis, Taqa Morocco stock appears to be overvalued. The current stock price of MAD1,740.00 is trading 41.4% above its estimated GF Value™ of MAD1,230.29. GuruFocus considers Taqa Morocco to be Significantly Overvalued.

Key valuation signals for CAS:TQM:

  • Cyclically Adjusted PS Ratio: 3.62 (26% above median its 10-year median of 2.88)
  • GF Value™: MAD1,230.29 vs. price of MAD1,740.00 (41.4% above fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 120.7% above the Utilities - Independent Power Producers median (#197 of 269)

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


Taqa Morocco Business Description

Address B.P. 99 - Sidi Bouzid, PK23, Route regionale 301, Centrale Thermique de Jorf Lasfar, Commune Moulay Abdellah, El Jadida, MAR
Taqa Morocco SA is a producer of electricity in Morocco. The company provides associated activities in the oil and gas sectors, the storage of the oil and gas products, electricity and water as well as transport infrastructure across Canada, Ghana, India, Iraq, Morocco, the Netherlands, Oman, Saudi Arabia, the United Arab Emirates, the United Kingdom, and the United States.
74GF Score

Get the complete analysis for CAS:TQM

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

MAD1,740.00
Price
MAD1,230.29
GF Value