EXC (Exelon) Cyclically Adjusted PS Ratio: 1.33 (As of Jul. 30, 2026) — 33% Above Median

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EXC Exelon Corp EXC
69 GF Score
Price $45.58
GF Value $45.21
Valuation Fairly Valued
! 9 Warning Signs
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What is Exelon Cyclically Adjusted PS Ratio?

Exelon EXC -3.08% 69 Cyclically Adjusted PS Ratio is 1.33 as of Jul. 30, 2026, which is 33% above its 10-year median of 1.00. GuruFocus rates EXC with a GF Score™ of 69/100 and a GF Value™ of $45.21 (Fairly Valued). The stock has 9 warning signs investors should review. Among 441 Utilities - Regulated companies, Exelon ranks better than 51.93% on this metric.

As of today (2026-07-30), Exelon's current share price is $45.58. Exelon's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $34.33. Exelon's Cyclically Adjusted PS Ratio for today is 1.33.

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

EXC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1   Max: 1.46
Current: 1.37

During the past years, Exelon's highest Cyclically Adjusted PS Ratio was 1.46. The lowest was 0.64. And the median was 1.00.

EXC's Cyclically Adjusted PS Ratio is ranked better than
51.93% of 441 companies
in the Utilities - Regulated industry
Industry Median: 1.46 vs EXC: 1.37

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.

Exelon's adjusted revenue per share data for the three months ended in Mar. 2026 was $7.058. 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 $34.33 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Exelon  (NAS:EXC) 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.


Exelon Cyclically Adjusted PS Ratio Related Terms


Exelon Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Exelon'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.

Exelon Cyclically Adjusted PS Ratio Chart

Exelon 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 1.15 1.18 0.99 1.07 1.28

Exelon 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 1.32 1.25 1.30 1.28 1.43

EXC vs XEL, ETR, ED: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Electric subindustry, Exelon'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.


Exelon Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

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


EXC
69GF Score
Exelon Corp EXC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Exelon 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.

Exelon's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=45.58/34.33
=1.33

* 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.

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

For example, Exelon'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)
=7.058/330.2130*330.2130
=7.058

Current CPI (Mar. 2026) = 330.2130.

Exelon Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 7.462 241.018 10.224
201609 9.711 241.428 13.282
201612 8.473 241.432 11.589
201703 9.405 243.801 12.738
201706 8.189 244.955 11.039
201709 9.086 246.819 12.156
201712 8.664 246.524 11.605
201803 10.013 249.554 13.249
201806 8.334 251.989 10.921
201809 9.694 252.439 12.681
201812 9.090 251.233 11.948
201903 9.750 254.202 12.665
201906 7.894 256.143 10.177
201909 9.167 256.759 11.790
201912 8.538 256.974 10.971
202003 8.962 258.115 11.465
202006 7.502 257.797 9.609
202009 9.061 260.280 11.496
202012 8.280 260.474 10.497
202103 4.736 264.877 5.904
202106 4.106 271.696 4.990
202109 4.962 274.310 5.973
202112 4.501 278.802 5.331
202203 5.430 287.504 6.237
202206 4.317 296.311 4.811
202209 4.899 296.808 5.450
202212 4.685 296.797 5.212
202303 5.585 301.836 6.110
202306 4.837 305.109 5.235
202309 5.998 307.789 6.435
202312 5.367 306.746 5.778
202403 6.037 312.332 6.383
202406 5.356 314.175 5.629
202409 6.129 315.301 6.419
202412 5.438 315.605 5.690
202503 6.654 319.799 6.871
202506 5.363 322.561 5.490
202509 6.619 324.800 6.729
202512 5.332 324.054 5.433
202603 7.058 330.213 7.058

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 1.33 mean?
Exelon (EXC) has a Cyclically Adjusted PS Ratio of 1.33 as of Jul. 30, 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 Exelon and its competitors. This is 33% above median its historical median of 1.00. Over the past decade, Exelon's Cyclically Adjusted PS Ratio has ranged from 0.64 to 1.46. According to the industry distribution chart, Exelon ranks #212 out of 441 companies in the Utilities - Regulated industry, placing it in the top 48.1%.
Is Exelon's Cyclically Adjusted PS Ratio too high?
Exelon's current Cyclically Adjusted PS Ratio of 1.33 is 33% above median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 1.46. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.46. Exelon's value of 1.33 is 8.9% below this industry median. Based on the distribution chart, Exelon ranks #212 out of 441 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Exelon has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Exelon's Cyclically Adjusted PS Ratio compare to XEL and ETR?
According to the Utilities - Regulated industry distribution chart, Exelon ranks #212 out of 441 companies for Cyclically Adjusted PS Ratio. This puts Exelon in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.46. Exelon's value of 1.33 is 8.9% below this benchmark. Historically, Exelon's own Cyclically Adjusted PS Ratio has ranged from 0.64 to 1.46 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 1.46, Exelon has consistently been below 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 1.46, based on 441 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. Exelon's current Cyclically Adjusted PS Ratio of 1.33 is 8.9% below 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 Exelon and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exelon's current Cyclically Adjusted PS Ratio is 1.33, which is 33% above median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exelon stock overvalued right now?
Based on GuruFocus' analysis, Exelon (EXC) is currently considered Fairly Valued. The stock's GF Value™ is $45.21, compared to a current price of $45.58 — trading 0.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.33, which is 33% above median its 10-year median of 1.00 and 8.9% below the Utilities - Regulated industry median of 1.46. Exelon's overall GF Score™ is 69/100 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 Exelon (EXC), the current Cyclically Adjusted PS Ratio is 1.33 as of Jul. 30, 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 Exelon (EXC) Overvalued in 2026?

Based on GuruFocus' analysis, Exelon stock appears to be overvalued. The current stock price of $45.58 is trading 0.8% above its estimated GF Value™ of $45.21. GuruFocus considers Exelon to be Fairly Valued.

Key valuation signals for EXC:

  • Cyclically Adjusted PS Ratio: 1.33 (33% above median its 10-year median of 1.00)
  • GF Value™: $45.21 vs. price of $45.58 (0.8% above fair value)
  • GF Score™: 69/100 with 9 warning signs
  • Industry Position: 8.9% below the Utilities - Regulated median (#212 of 441)

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


Exelon Business Description

Address 10 South Dearborn Street, 54th Floor, P.O. Box 805379, Chicago, IL, USA, 60680-5379
Exelon serves approximately 10 million power and gas customers at its six regulated utilities in Illinois, Pennsylvania, Maryland, New Jersey, Delaware, and Washington, D.C.
69GF Score

Get the complete analysis for EXC

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

$45.58
Price
$45.21
GF Value