ES (Eversource Energy) Cyclically Adjusted PS Ratio: 2.10 (As of Jul. 03, 2026) — Near Median


ES Eversource Energy ES
74 GF Score
Price $74.44
GF Value $68.01
Valuation Fairly Valued
! 10 Warning Signs
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What is Eversource Energy Cyclically Adjusted PS Ratio?

Eversource Energy ES +3.10% 74 Cyclically Adjusted PS Ratio is 2.10 as of Jul. 03, 2026, which is 5% below its 10-year median of 2.20. GuruFocus rates ES with a GF Score™ of 74/100 and a GF Value™ of $68.01 (Fairly Valued). The stock has 10 warning signs investors should review. Among 440 Utilities - Regulated companies, Eversource Energy ranks worse than 63.64% on this metric.

As of today (2026-07-03), Eversource Energy's current share price is $74.44. Eversource Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $35.48. Eversource Energy's Cyclically Adjusted PS Ratio for today is 2.10.

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

ES' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.64   Med: 2.2   Max: 3.56
Current: 2.1

During the past years, Eversource Energy's highest Cyclically Adjusted PS Ratio was 3.56. The lowest was 1.64. And the median was 2.20.

ES's Cyclically Adjusted PS Ratio is ranked worse than
63.64% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.425 vs ES: 2.10

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.

Eversource Energy's adjusted revenue per share data for the three months ended in Mar. 2026 was $11.961. 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 $35.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eversource Energy  (NYSE:ES) 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.


Eversource Energy Cyclically Adjusted PS Ratio Related Terms


Eversource Energy Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Eversource 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.

Eversource Energy Cyclically Adjusted PS Ratio Chart

Eversource 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 3.20 2.71 1.91 1.72 1.95

Eversource 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 1.83 1.86 2.07 1.95 1.95

ES vs PPL, FE, EIX: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Electric subindustry, Eversource 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.


Eversource Energy Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

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


ES
74GF Score
Eversource Energy ES
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Eversource 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=74.44/35.48
=2.10

* 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.

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

For example, Eversource 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)
=11.961/330.2130*330.2130
=11.961

Current CPI (Mar. 2026) = 330.2130.

Eversource Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.549 241.018 7.603
201609 6.403 241.428 8.758
201612 5.582 241.432 7.635
201703 6.617 243.801 8.962
201706 5.544 244.955 7.474
201709 6.254 246.819 8.367
201712 5.959 246.524 7.982
201803 7.195 249.554 9.521
201806 5.832 251.989 7.642
201809 7.144 252.439 9.345
201812 6.397 251.233 8.408
201903 7.589 254.202 9.858
201906 5.882 256.143 7.583
201909 6.674 256.759 8.583
201912 6.269 256.974 8.056
202003 7.130 258.115 9.122
202006 5.769 257.797 7.390
202009 6.817 260.280 8.649
202012 6.492 260.474 8.230
202103 8.207 264.877 10.231
202106 6.162 271.696 7.489
202109 7.058 274.310 8.496
202112 7.192 278.802 8.518
202203 10.043 287.504 11.535
202206 7.429 296.311 8.279
202209 9.247 296.808 10.288
202212 8.675 296.797 9.652
202303 10.857 301.836 11.878
202306 7.518 305.109 8.137
202309 7.979 307.789 8.560
202312 7.694 306.746 8.283
202403 9.495 312.332 10.039
202406 7.169 314.175 7.535
202409 8.513 315.301 8.916
202412 8.099 315.605 8.474
202503 11.201 319.799 11.566
202506 7.693 322.561 7.875
202509 8.651 324.800 8.795
202512 8.959 324.054 9.129
202603 11.961 330.213 11.961

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 2.10 mean?
Eversource Energy (ES) has a Cyclically Adjusted PS Ratio of 2.10 as of Jul. 03, 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 Eversource Energy and its competitors. This is near median its historical median of 2.20. Over the past decade, Eversource Energy's Cyclically Adjusted PS Ratio has ranged from 1.64 to 3.56. According to the industry distribution chart, Eversource Energy ranks #280 out of 440 companies in the Utilities - Regulated industry, placing it in the top 63.6%.
Is Eversource Energy's Cyclically Adjusted PS Ratio too high?
Eversource Energy's current Cyclically Adjusted PS Ratio of 2.10 is near median its 10-year median of 2.20. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 3.56. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.43. Eversource Energy's value of 2.10 is 47.4% above this industry median. Based on the distribution chart, Eversource Energy ranks #280 out of 440 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Eversource Energy has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eversource Energy's Cyclically Adjusted PS Ratio compare to PPL and FE?
According to the Utilities - Regulated industry distribution chart, Eversource Energy ranks #280 out of 440 companies for Cyclically Adjusted PS Ratio. This places Eversource Energy in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.43. Eversource Energy's value of 2.10 is 47.4% above this benchmark. Historically, Eversource Energy's own Cyclically Adjusted PS Ratio has ranged from 1.64 to 3.56 over the past decade. While the company's 10-year median is 2.20 vs. the industry median of 1.43, Eversource 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 - 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. Eversource Energy's current Cyclically Adjusted PS Ratio of 2.10 is 47.4% 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 Eversource Energy 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. Eversource Energy's current Cyclically Adjusted PS Ratio is 2.10, which is near median its own 10-year median of 2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eversource Energy stock overvalued right now?
Based on GuruFocus' analysis, Eversource Energy (ES) is currently considered Fairly Valued. The stock's GF Value™ is $68.01, compared to a current price of $74.44 — trading 9.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.10, which is near median its 10-year median of 2.20 and 47.4% above the Utilities - Regulated industry median of 1.43. Eversource Energy's overall GF Score™ is 74/100 with 10 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 Eversource Energy (ES), the current Cyclically Adjusted PS Ratio is 2.10 as of Jul. 03, 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 Eversource Energy (ES) Overvalued in 2026?

Based on GuruFocus' analysis, Eversource Energy stock appears to be overvalued. The current stock price of $74.44 is trading 9.5% above its estimated GF Value™ of $68.01. GuruFocus considers Eversource Energy to be Fairly Valued.

Key valuation signals for ES:

  • Cyclically Adjusted PS Ratio: 2.10 (near median its 10-year median of 2.20)
  • GF Value™: $68.01 vs. price of $74.44 (9.5% above fair value)
  • GF Score™: 74/100 with 10 warning signs
  • Industry Position: 47.4% above the Utilities - Regulated median (#280 of 440)

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


Eversource Energy Business Description

Address 300 Cadwell Drive, Springfield, MA, USA, 1104
Eversource Energy is a diversified holding company with subsidiaries that provide rate-regulated electric, gas, and water distribution service to more than 4 million customers in the Northeast US. Eversource expanded its service territories with acquisitions of NStar (2012), Aquarion (2017), and Columbia Gas (2020). In 2024 Eversource exited its 50% partnership with European utility Orsted to develop 2 gigawatts of offshore wind projects in the Northeast US. It plans to sell Aquarion in 2026. The company exited most of its unregulated businesses in 2006.
74GF Score

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

$74.44
Price
$68.01
GF Value