CDUAF (Canadian Utilities) Cyclically Adjusted PS Ratio: 3.15 (As of Jul. 05, 2026) — 27% Above Median


CDUAF Canadian Utilities Ltd CDUAF
73 GF Score
Price $36.88
GF Value $26.06
Valuation Significantly Overvalued
! 14 Warning Signs
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What is Canadian Utilities Cyclically Adjusted PS Ratio?

Canadian Utilities CDUAF -1.17% 73 Cyclically Adjusted PS Ratio is 3.15 as of Jul. 05, 2026, which is 27% above its 10-year median of 2.48. GuruFocus rates CDUAF with a GF Score™ of 73/100 and a GF Value™ of $26.06 (Significantly Overvalued). The stock has 14 warning signs investors should review. Among 440 Utilities - Regulated companies, Canadian Utilities ranks worse than 79.32% on this metric.

As of today (2026-07-05), Canadian Utilities's current share price is $36.878. Canadian Utilities's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $11.70. Canadian Utilities's Cyclically Adjusted PS Ratio for today is 3.15.

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

CDUAF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.77   Med: 2.48   Max: 4.4
Current: 3.22

During the past years, Canadian Utilities's highest Cyclically Adjusted PS Ratio was 4.40. The lowest was 1.77. And the median was 2.48.

CDUAF's Cyclically Adjusted PS Ratio is ranked worse than
79.32% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.425 vs CDUAF: 3.22

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.

Canadian Utilities's adjusted revenue per share data for the three months ended in Mar. 2026 was $2.896. 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 $11.70 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canadian Utilities  (OTCPK:CDUAF) 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.


Canadian Utilities Cyclically Adjusted PS Ratio Related Terms


Canadian Utilities Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Canadian Utilities'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.

Canadian Utilities Cyclically Adjusted PS Ratio Chart

Canadian Utilities 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 2.48 2.32 1.99 2.18 2.66

Canadian Utilities 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 2.29 2.33 2.41 2.66 3.00

CDUAF vs SRE, AES: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Diversified subindustry, Canadian Utilities'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.


Canadian Utilities Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

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


CDUAF
73GF Score
Canadian Utilities Ltd CDUAF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Canadian Utilities 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.

Canadian Utilities's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.878/11.70
=3.15

* 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.

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

For example, Canadian Utilities'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)
=2.896/132.2600*132.2600
=2.896

Current CPI (Mar. 2026) = 132.2600.

Canadian Utilities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.191 102.002 2.841
201609 2.215 101.765 2.879
201612 2.833 101.449 3.693
201703 2.791 102.634 3.597
201706 2.626 103.029 3.371
201709 2.799 103.345 3.582
201712 3.492 103.345 4.469
201803 3.947 105.004 4.972
201806 2.710 105.557 3.396
201809 2.789 105.636 3.492
201812 2.823 105.399 3.542
201903 3.255 106.979 4.024
201906 2.484 107.690 3.051
201909 2.447 107.611 3.007
201912 2.584 107.769 3.171
202003 2.320 107.927 2.843
202006 1.998 108.401 2.438
202009 2.011 108.164 2.459
202012 2.517 108.559 3.067
202103 2.649 110.298 3.176
202106 2.393 111.720 2.833
202109 2.315 112.905 2.712
202112 3.011 113.774 3.500
202203 3.254 117.646 3.658
202206 2.703 120.806 2.959
202209 2.496 120.648 2.736
202212 3.020 120.964 3.302
202303 3.061 122.702 3.299
202306 2.449 124.203 2.608
202309 2.220 125.230 2.345
202312 2.683 125.072 2.837
202403 2.974 126.258 3.115
202406 2.312 127.522 2.398
202409 2.202 127.285 2.288
202412 2.535 127.364 2.632
202503 2.782 129.181 2.848
202506 2.265 129.892 2.306
202509 2.104 130.290 2.136
202512 2.585 130.370 2.622
202603 2.896 132.260 2.896

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 3.15 mean?
Canadian Utilities (CDUAF) has a Cyclically Adjusted PS Ratio of 3.15 as of Jul. 05, 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 Canadian Utilities and its competitors. This is 27% above median its historical median of 2.48. Over the past decade, Canadian Utilities' Cyclically Adjusted PS Ratio has ranged from 1.77 to 4.40. According to the industry distribution chart, Canadian Utilities ranks #349 out of 440 companies in the Utilities - Regulated industry, placing it in the top 79.3%.
Is Canadian Utilities' Cyclically Adjusted PS Ratio too high?
Canadian Utilities' current Cyclically Adjusted PS Ratio of 3.15 is 27% above median its 10-year median of 2.48. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 4.40. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.43. Canadian Utilities' value of 3.15 is 121.1% above this industry median. Based on the distribution chart, Canadian Utilities ranks #349 out of 440 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Canadian Utilities has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Utilities' Cyclically Adjusted PS Ratio compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Canadian Utilities ranks #349 out of 440 companies for Cyclically Adjusted PS Ratio. This places Canadian Utilities in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.43. Canadian Utilities' value of 3.15 is 121.1% above this benchmark. Historically, Canadian Utilities' own Cyclically Adjusted PS Ratio has ranged from 1.77 to 4.40 over the past decade. While the company's 10-year median is 2.48 vs. the industry median of 1.43, Canadian Utilities 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. Canadian Utilities's current Cyclically Adjusted PS Ratio of 3.15 is 121.1% 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 Canadian Utilities 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. Canadian Utilities's current Cyclically Adjusted PS Ratio is 3.15, which is 27% above median its own 10-year median of 2.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Utilities stock overvalued right now?
Based on GuruFocus' analysis, Canadian Utilities (CDUAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $26.06, compared to a current price of $36.88 — trading 41.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.15, which is 27% above median its 10-year median of 2.48 and 121.1% above the Utilities - Regulated industry median of 1.43. Canadian Utilities' overall GF Score™ is 73/100 with 14 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 Canadian Utilities (CDUAF), the current Cyclically Adjusted PS Ratio is 3.15 as of Jul. 05, 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 Canadian Utilities (CDUAF) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Utilities stock appears to be overvalued. The current stock price of $36.88 is trading 41.5% above its estimated GF Value™ of $26.06. GuruFocus considers Canadian Utilities to be Significantly Overvalued.

Key valuation signals for CDUAF:

  • Cyclically Adjusted PS Ratio: 3.15 (27% above median its 10-year median of 2.48)
  • GF Value™: $26.06 vs. price of $36.88 (41.5% above fair value)
  • GF Score™: 73/100 with 14 warning signs
  • Industry Position: 121.1% above the Utilities - Regulated median (#349 of 440)

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


Canadian Utilities Business Description

Address 5302 Forand Street South West, 4th Floor, West Building, Corporate Governance & Secretarial, Calgary, AB, CAN, T3E 8B4
Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company is engaged in segments that include ATCO Energy Systems, ATCO EnPower, ATCO Australia, and Corporate & Other. Headquartered in Calgary, Alberta, the firm mainly operates in Canada, Australia, and others. The company generates maximum revenue from Canada. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.
73GF Score

Get the complete analysis for CDUAF

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

$36.88
Price
$26.06
GF Value