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CEZ ASCHIX:CEZK 98 Cyclically Adjusted PS Ratio is 2.22 as of Jul. 20, 2026, which is 22% above its 10-year median of 1.82. GuruFocus rates CHIX:CEZK with a GF Score™ of 98/100 and a GF Value™ of Kč750.25. The stock has 9 warning signs investors should review. Among 442 Utilities - Regulated companies, CEZ AS ranks worse than 68.1% on this metric.
As of today (2026-07-20), CEZ AS's current share price is Kč875.00. CEZ AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was Kč394.66. CEZ AS's Cyclically Adjusted PS Ratio for today is 2.22.
The historical rank and industry rank for CEZ AS's Cyclically Adjusted PS Ratio or its related term are showing as below:
CHIX:CEZk'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.91 Med: 1.82 Max: 2.63
Current: 2.4
During the past years, CEZ AS's highest Cyclically Adjusted PS Ratio was 2.63. The lowest was 0.91. And the median was 1.82.
CHIX:CEZk's Cyclically Adjusted PS Ratio is ranked worse than 68.1% of 442
companies
in the Utilities - Regulated industry
Industry Median: 1.44
vs CHIX:CEZk: 2.40
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.
CEZ AS's adjusted revenue per share data for the three months ended in Mar. 2026 was Kč156.749. 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 Kč394.66 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
CEZ AS (CHIX:CEZk) 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.
CEZ AS Cyclically Adjusted PS Ratio Related Terms
CEZ AS Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for CEZ AS'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.
CHIX:CEZK vs NEE, SO, DUK: Cyclically Adjusted PS Ratio Comparison
For the Utilities - Regulated Electric subindustry, CEZ AS'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.
CEZ AS Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, CEZ AS's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where CEZ AS's Cyclically Adjusted PS Ratio falls into.
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.
CEZ AS's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 2.22 mean?
CEZ AS (CHIX:CEZK) has a Cyclically Adjusted PS Ratio of 2.22 as of Jul. 20, 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 CEZ AS and its competitors. This is 22% above median its historical median of 1.82. Over the past decade, CEZ AS's Cyclically Adjusted PS Ratio has ranged from 0.91 to 2.63. According to the industry distribution chart, CEZ AS ranks #301 out of 442 companies in the Utilities - Regulated industry, placing it in the top 68.1%.
Is CEZ AS's Cyclically Adjusted PS Ratio too high?
CEZ AS's current Cyclically Adjusted PS Ratio of 2.22 is 22% above median its 10-year median of 1.82. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 2.63. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.44. CEZ AS's value of 2.22 is 54.2% above this industry median. Based on the distribution chart, CEZ AS ranks #301 out of 442 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, CEZ AS has a GF Score™ of 98/100, reflecting its overall financial health beyond just this single metric.
How does CEZ AS's Cyclically Adjusted PS Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, CEZ AS ranks #301 out of 442 companies for Cyclically Adjusted PS Ratio. This places CEZ AS in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.44. CEZ AS's value of 2.22 is 54.2% above this benchmark. Historically, CEZ AS's own Cyclically Adjusted PS Ratio has ranged from 0.91 to 2.63 over the past decade. While the company's 10-year median is 1.82 vs. the industry median of 1.44, CEZ AS 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 1.44, based on 442 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. CEZ AS's current Cyclically Adjusted PS Ratio of 2.22 is 54.2% 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 CEZ AS and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CEZ AS's current Cyclically Adjusted PS Ratio is 2.22, which is 22% above median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEZ AS stock overvalued right now?
CEZ AS (CHIX:CEZK) has a current Cyclically Adjusted PS Ratio of 2.22. The stock's GF Value™ is Kč750.25, compared to a current price of Kč875.00 — trading 16.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.22, which is 22% above median its 10-year median of 1.82 and 54.2% above the Utilities - Regulated industry median of 1.44. CEZ AS's overall GF Score™ is 98/100 with 9 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 CEZ AS (CHIX:CEZK), the current Cyclically Adjusted PS Ratio is 2.22 as of Jul. 20, 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 CEZ AS (CHIX:CEZK) Overvalued in 2026?
Based on GuruFocus' analysis, CEZ AS stock appears to be overvalued.
The current stock price of Kč875.00 is trading 16.6% above its estimated GF Value™ of Kč750.25.
Key valuation signals for CHIX:CEZK:
Cyclically Adjusted PS Ratio: 2.22 (22% above median its 10-year median of 1.82)
GF Value™: Kč750.25 vs. price of Kč875.00 (16.6% above fair value)
Industry Position: 54.2% above the Utilities - Regulated median (#301 of 442)
No single metric tells the full story. See the CHIX:CEZK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CEZ AS is a Czech energy company of which the government of the Czech Republic is the majority shareholder. The core business of the company is the generation, distribution, trade, and sale of electricity and heat, coal mining, trading in commodities and provision of complex energy services, distribution, trade, and sale of natural gas, and the provision of telecommunications services. Total energy production is mainly split between facilities utilizing thermal and nuclear inputs. CEZ segments comprise Generation; Distribution; Sales and Mining. The group operates mainly in Czechia and in Central and Western European markets.
98GF Score
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