CZAVF (CEZ AS) Cyclically Adjusted PS Ratio: 2.26 (As of Sep. 07, 2026) — 23% Above Median

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CZAVF CEZ AS CZAVF
82 GF Score
Price $54.95
GF Value $44.46
! 8 Warning Signs
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What is CEZ AS Cyclically Adjusted PS Ratio?

CEZ AS CZAVF 82 Cyclically Adjusted PS Ratio is 2.26 as of Sep. 07, 2026, which is 23% above its 10-year median of 1.83. GuruFocus rates CZAVF with a GF Score™ of 82/100 and a GF Value™ of $44.46. The stock has 8 warning signs investors should review. Among 439 Utilities - Regulated companies, CEZ AS ranks worse than 71.07% on this metric.

As of today (2026-09-07), CEZ AS's current share price is $54.95. CEZ AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $24.30. CEZ AS's Cyclically Adjusted PS Ratio for today is 2.26.

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

CZAVF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.83   Max: 2.63
Current: 2.51

During the past years, CEZ AS's highest Cyclically Adjusted PS Ratio was 2.63. The lowest was 0.91. And the median was 1.83.

CZAVF's Cyclically Adjusted PS Ratio is ranked worse than
71.07% of 439 companies
in the Utilities - Regulated industry
Industry Median: 1.37 vs CZAVF: 2.51

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 Jun. 2026 was $6.541. 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 $24.30 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CEZ AS  (OTCPK:CZAVF) 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.

CEZ AS Cyclically Adjusted PS Ratio Chart

CEZ AS 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 1.88 1.69 2.01 1.89 2.45

CEZ AS 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 2.36 2.44 2.45 2.22 2.26

CZAVF 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.


CZAVF
82GF Score
CEZ AS CZAVF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CEZ AS 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.

CEZ AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=54.95/24.30
=2.26

* 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.

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

For example, CEZ AS'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)
=6.541/333.9520*333.9520
=6.541

Current CPI (Jun. 2026) = 333.9520.

CEZ AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.498 241.428 4.839
201612 4.259 241.432 5.891
201703 3.866 243.801 5.296
201706 3.711 244.955 5.059
201709 3.880 246.819 5.250
201712 4.747 246.524 6.430
201803 4.131 249.554 5.528
201806 3.213 251.989 4.258
201809 3.864 252.439 5.112
201812 4.247 251.233 5.645
201903 4.204 254.202 5.523
201906 3.879 256.143 5.057
201909 4.724 256.759 6.144
201912 4.604 256.974 5.983
202003 4.356 258.115 5.636
202006 3.860 257.797 5.000
202009 3.993 260.280 5.123
202012 4.957 260.474 6.355
202103 4.943 264.877 6.232
202106 4.283 271.696 5.264
202109 4.021 274.310 4.895
202112 6.715 278.802 8.043
202203 5.826 287.504 6.767
202206 4.284 296.311 4.828
202209 5.994 296.808 6.744
202212 0.905 296.797 1.018
202303 7.821 301.836 8.653
202306 6.315 305.109 6.912
202309 6.202 307.789 6.729
202312 5.976 306.746 6.506
202403 6.945 312.332 7.426
202406 5.964 314.175 6.339
202409 6.597 315.301 6.987
202412 7.715 315.605 8.163
202503 7.476 319.799 7.807
202506 6.397 322.561 6.623
202509 6.505 324.800 6.688
202512 8.247 324.054 8.499
202603 7.414 330.213 7.498
202606 6.541 333.952 6.541

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 2.26 mean?
CEZ AS (CZAVF) has a Cyclically Adjusted PS Ratio of 2.26 as of Sep. 07, 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 23% above median its historical median of 1.83. 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 #312 out of 439 companies in the Utilities - Regulated industry, placing it in the top 71.1%.
Is CEZ AS's Cyclically Adjusted PS Ratio too high?
CEZ AS's current Cyclically Adjusted PS Ratio of 2.26 is 23% above median its 10-year median of 1.83. 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 1.37. CEZ AS's value of 2.26 is 65% above this industry median. Based on the distribution chart, CEZ AS ranks #312 out of 439 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, CEZ AS has a GF Score™ of 82/100, 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 #312 out of 439 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 1.37. CEZ AS's value of 2.26 is 65% 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 1.83 vs. the industry median of 1.37, 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 1.37, based on 439 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 2.26 is 65% 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 1.37 — 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 2.26, which is 23% above median its own 10-year median of 1.83. 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 (CZAVF) has a current Cyclically Adjusted PS Ratio of 2.26. The stock's GF Value™ is $44.46, compared to a current price of $54.95 — trading 23.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.26, which is 23% above median its 10-year median of 1.83 and 65% above the Utilities - Regulated industry median of 1.37. CEZ AS's overall GF Score™ is 82/100 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 CEZ AS (CZAVF), the current Cyclically Adjusted PS Ratio is 2.26 as of Sep. 07, 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 (CZAVF) Overvalued in 2026?

Based on GuruFocus' analysis, CEZ AS stock appears to be overvalued. The current stock price of $54.95 is trading 23.6% above its estimated GF Value™ of $44.46.

Key valuation signals for CZAVF:

  • Cyclically Adjusted PS Ratio: 2.26 (23% above median its 10-year median of 1.83)
  • GF Value™: $44.46 vs. price of $54.95 (23.6% above fair value)
  • GF Score™: 82/100 with 8 warning signs
  • Industry Position: 65% above the Utilities - Regulated median (#312 of 439)

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


CEZ AS Business Description

Address Duhova 2/1444, Praha 4, Prague, CZE, 140 53
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.
82GF Score

Get the complete analysis for CZAVF

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

$54.95
Price
$44.46
GF Value