CWEN (Clearway Energy) Cyclically Adjusted PS Ratio: 2.72 (As of Jul. 12, 2026) — 15% Above Median


CWEN Clearway Energy Inc CWEN
77 GF Score
Price $33.67
GF Value $32.55
Valuation Fairly Valued
! 8 Warning Signs
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What is Clearway Energy Cyclically Adjusted PS Ratio?

Clearway Energy CWEN +0.90% 77 Cyclically Adjusted PS Ratio is 2.72 as of Jul. 12, 2026, which is 15% above its 10-year median of 2.37. GuruFocus rates CWEN with a GF Score™ of 77/100 and a GF Value™ of $32.55 (Fairly Valued). The stock has 8 warning signs investors should review. Among 270 Utilities - Independent Power Producers companies, Clearway Energy ranks worse than 64.81% on this metric.

As of today (2026-07-12), Clearway Energy's current share price is $33.67. Clearway Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $12.40. Clearway Energy's Cyclically Adjusted PS Ratio for today is 2.72.

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

CWEN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.48   Med: 2.37   Max: 3.34
Current: 2.72

During the past years, Clearway Energy's highest Cyclically Adjusted PS Ratio was 3.34. The lowest was 1.48. And the median was 2.37.

CWEN's Cyclically Adjusted PS Ratio is ranked worse than
64.81% of 270 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.685 vs CWEN: 2.72

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.

Clearway Energy's adjusted revenue per share data for the three months ended in Mar. 2026 was $2.926. 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 $12.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clearway Energy  (NYSE:CWEN) 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.


Clearway Energy Cyclically Adjusted PS Ratio Related Terms


Clearway Energy Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Clearway 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.

Clearway Energy Cyclically Adjusted PS Ratio Chart

Clearway 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 2.89 2.28 2.04 2.13 2.72

Clearway Energy 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 2.47 2.62 2.29 2.72 3.17

CWEN vs ORA, MWH, FLNC: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Renewable subindustry, Clearway 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.


Clearway Energy Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

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

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


CWEN
77GF Score
Clearway Energy Inc CWEN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Clearway 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.67/12.40
=2.72

* 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.

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

For example, Clearway Energy'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)
=2.926/330.2130*330.2130
=2.926

Current CPI (Mar. 2026) = 330.2130.

Clearway Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.320 241.018 3.179
201609 2.230 241.428 3.050
201612 2.510 241.432 3.433
201703 2.255 243.801 3.054
201706 2.341 244.955 3.156
201709 2.169 246.819 2.902
201712 2.265 246.524 3.034
201803 2.250 249.554 2.977
201806 2.417 251.989 3.167
201809 2.808 252.439 3.673
201812 2.082 251.233 2.737
201903 2.009 254.202 2.610
201906 2.630 256.143 3.391
201909 2.691 256.759 3.461
201912 2.098 256.974 2.696
202003 2.263 258.115 2.895
202006 2.861 257.797 3.665
202009 2.862 260.280 3.631
202012 2.353 260.474 2.983
202103 2.026 264.877 2.526
202106 3.248 271.696 3.948
202109 3.000 274.310 3.611
202112 2.718 278.802 3.219
202203 1.829 287.504 2.101
202206 3.145 296.311 3.505
202209 2.906 296.808 3.233
202212 2.291 296.797 2.549
202303 2.462 301.836 2.693
202306 3.470 305.109 3.756
202309 3.171 307.789 3.402
202312 2.128 306.746 2.291
202403 2.248 312.332 2.377
202406 3.128 314.175 3.288
202409 4.119 315.301 4.314
202412 2.169 315.605 2.269
202503 2.525 319.799 2.607
202506 3.322 322.561 3.401
202509 3.636 324.800 3.697
202512 2.541 324.054 2.589
202603 2.926 330.213 2.926

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 2.72 mean?
Clearway Energy (CWEN) has a Cyclically Adjusted PS Ratio of 2.72 as of Jul. 12, 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 Clearway Energy and its competitors. This is 15% above median its historical median of 2.37. Over the past decade, Clearway Energy's Cyclically Adjusted PS Ratio has ranged from 1.48 to 3.34. According to the industry distribution chart, Clearway Energy ranks #175 out of 270 companies in the Utilities - Independent Power Producers industry, placing it in the top 64.8%.
Is Clearway Energy's Cyclically Adjusted PS Ratio too high?
Clearway Energy's current Cyclically Adjusted PS Ratio of 2.72 is 15% above median its 10-year median of 2.37. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 3.34. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.69. Clearway Energy's value of 2.72 is 61.4% above this industry median. Based on the distribution chart, Clearway Energy ranks #175 out of 270 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Clearway Energy has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Clearway Energy's Cyclically Adjusted PS Ratio compare to ORA and MWH?
According to the Utilities - Independent Power Producers industry distribution chart, Clearway Energy ranks #175 out of 270 companies for Cyclically Adjusted PS Ratio. This places Clearway Energy in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.69. Clearway Energy's value of 2.72 is 61.4% above this benchmark. Historically, Clearway Energy's own Cyclically Adjusted PS Ratio has ranged from 1.48 to 3.34 over the past decade. While the company's 10-year median is 2.37 vs. the industry median of 1.69, Clearway 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 - Independent Power Producers company?
The median Cyclically Adjusted PS Ratio among Utilities - Independent Power Producers companies is 1.69, based on 270 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. Clearway Energy's current Cyclically Adjusted PS Ratio of 2.72 is 61.4% 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 Clearway Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clearway Energy's current Cyclically Adjusted PS Ratio is 2.72, which is 15% above median its own 10-year median of 2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clearway Energy stock overvalued right now?
Based on GuruFocus' analysis, Clearway Energy (CWEN) is currently considered Fairly Valued. The stock's GF Value™ is $32.55, compared to a current price of $33.67 — trading 3.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.72, which is 15% above median its 10-year median of 2.37 and 61.4% above the Utilities - Independent Power Producers industry median of 1.69. Clearway Energy's overall GF Score™ is 77/100 with 8 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 Clearway Energy (CWEN), the current Cyclically Adjusted PS Ratio is 2.72 as of Jul. 12, 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 Clearway Energy (CWEN) Overvalued in 2026?

Based on GuruFocus' analysis, Clearway Energy stock appears to be overvalued. The current stock price of $33.67 is trading 3.4% above its estimated GF Value™ of $32.55. GuruFocus considers Clearway Energy to be Fairly Valued.

Key valuation signals for CWEN:

  • Cyclically Adjusted PS Ratio: 2.72 (15% above median its 10-year median of 2.37)
  • GF Value™: $32.55 vs. price of $33.67 (3.4% above fair value)
  • GF Score™: 77/100 with 8 warning signs
  • Industry Position: 61.4% above the Utilities - Independent Power Producers median (#175 of 270)

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


Clearway Energy Business Description

Other Exchanges CWEN.A:USANY41:Germany
Address 300 Carnegie Center, Suite 300, Princeton, NJ, USA, 08540
Clearway Energy Inc is a publicly-traded energy infrastructure investor with a focus on investments in clean energy and the owner of modern, sustainable, and long-term contracted assets across North America. The company segments its operations into Flexible Generation, Renewables & Storage, and Corporate divisions. The majority of its revenue is generated from the Renewables & Storage segment.
77GF Score

Get the complete analysis for CWEN

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

$33.67
Price
$32.55
GF Value