ELEZF (Endesa) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ELEZF Endesa SA ELEZF
52 GF Score
Price $48.63
GF Value $25.18
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Endesa Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Endesa  (OTCPK:ELEZF) 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.


Endesa Cyclically Adjusted PS Ratio Related Terms


Endesa Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Endesa'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.

Endesa Cyclically Adjusted PS Ratio Chart

Endesa 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 0.88 0.74 0.84 0.83 1.42

Endesa 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 1.20 1.20 1.40 1.52 1.69

ELEZF vs NEE, SO, DUK: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Electric subindustry, Endesa'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.


Endesa Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

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


ELEZF
52GF Score
Endesa SA ELEZF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Endesa 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.

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

For example, Endesa'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)
=5.768/131.3300*131.3300
=5.768

Current CPI (Jun. 2026) = 131.3300.

Endesa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 5.022 99.737 6.613
201612 4.799 101.842 6.189
201703 5.154 100.896 6.709
201706 4.856 101.848 6.262
201709 5.163 101.524 6.679
201712 5.679 102.975 7.243
201803 5.831 102.122 7.499
201806 5.106 104.165 6.438
201809 5.592 103.818 7.074
201812 5.286 104.193 6.663
201903 5.363 103.488 6.806
201906 4.746 104.612 5.958
201909 5.053 103.905 6.387
201912 5.200 105.015 6.503
202003 4.766 103.469 6.049
202006 3.833 104.254 4.828
202009 4.467 103.521 5.667
202012 4.876 104.456 6.130
202103 5.361 104.857 6.714
202106 4.715 107.102 5.782
202109 5.730 107.669 6.989
202112 7.550 111.298 8.909
202203 7.957 115.153 9.075
202206 7.242 118.044 8.057
202209 9.217 117.221 10.326
202212 7.856 117.650 8.769
202303 7.472 118.948 8.250
202306 5.682 120.278 6.204
202309 6.164 121.343 6.671
202312 6.274 121.300 6.793
202403 5.598 122.762 5.989
202406 4.869 124.409 5.140
202409 5.451 123.121 5.814
202412 5.480 124.753 5.769
202503 5.774 125.531 6.041
202506 5.280 127.251 5.449
202509 5.581 126.840 5.779
202512 5.989 128.400 6.126
202603 6.471 129.860 6.544
202606 5.768 131.330 5.768

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.

Is Endesa (ELEZF) Overvalued in 2026?

Based on GuruFocus' analysis, Endesa stock appears to be overvalued. The current stock price of $48.63 is trading 93.1% above its estimated GF Value™ of $25.18. GuruFocus considers Endesa to be Significantly Overvalued.

Key valuation signals for ELEZF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $25.18 vs. price of $48.63 (93.1% above fair value)
  • GF Score™: 52/100 with 6 warning signs

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


Endesa Business Description

Address Calle Ribera del Loira, 60, Madrid, ESP, 28042
Endesa generates, distributes, and supplies electricity in Spain and Portugal. The company has 21.5 gigawatts of installed generation capacity split among hydroelectric, nuclear, natural gas, oil, solar, and wind. Endesa also supplies gas to retail and business customers in Spain and France.
52GF Score

Get the complete analysis for ELEZF

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

$48.63
Price
$25.18
GF Value