EXE (Expand Energy) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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EXE Expand Energy Corp EXE
61 GF Score
Price $87.48
GF Value $129.73
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Expand Energy Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Expand Energy  (NAS:EXE) 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.


Expand Energy Cyclically Adjusted PS Ratio Related Terms


Expand Energy Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Expand 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.

Expand Energy Cyclically Adjusted PS Ratio Chart

Expand 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 0.02 0.03 0.04 0.07 0.10

Expand Energy 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 0.09 0.09 0.11 0.11 0.10

EXE vs TPL, PR, OVV: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas E&P subindustry, Expand 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.


Expand Energy Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Expand Energy's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


EXE
61GF Score
Expand Energy Corp EXE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Expand 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.

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

For example, Expand Energy'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)
=10.535/333.9520*333.9520
=10.535

Current CPI (Jun. 2026) = 333.9520.

Expand Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 551.609 241.428 763.006
201612 555.806 241.432 768.798
201703 533.848 243.801 731.251
201706 372.352 244.955 507.635
201709 441.144 246.819 596.878
201712 487.939 246.524 660.983
201803 582.359 249.554 779.310
201806 558.856 251.989 740.632
201809 561.758 252.439 743.151
201812 469.176 251.233 623.653
201903 361.884 254.202 475.417
201906 259.337 256.143 338.116
201909 226.148 256.759 294.138
201912 210.678 256.974 273.788
202003 165.898 258.115 214.641
202006 69.537 257.797 90.079
202009 114.519 260.280 146.933
202012 122.284 260.474 156.780
202103 14.984 264.877 18.892
202106 14.612 271.696 17.960
202109 16.636 274.310 20.253
202112 23.618 278.802 28.290
202203 23.021 287.504 26.740
202206 26.837 296.311 30.246
202209 29.039 296.808 32.673
202212 21.429 296.797 24.112
202303 14.544 301.836 16.092
202306 8.795 305.109 9.626
202309 9.877 307.789 10.717
202312 7.704 306.746 8.387
202403 6.504 312.332 6.954
202406 3.919 314.175 4.166
202409 4.372 315.301 4.631
202412 9.648 315.605 10.209
202503 13.693 319.799 14.299
202506 11.677 322.561 12.089
202509 10.488 324.800 10.784
202512 12.680 324.054 13.067
202603 18.770 330.213 18.983
202606 10.535 333.952 10.535

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 Expand Energy (EXE) Overvalued in 2026?

Based on GuruFocus' analysis, Expand Energy stock appears to be undervalued. The current stock price of $87.48 is trading 32.6% below its estimated GF Value™ of $129.73. GuruFocus considers Expand Energy to be Significantly Undervalued.

Key valuation signals for EXE:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $129.73 vs. price of $87.48 (32.6% below fair value)
  • GF Score™: 61/100 with 3 warning signs

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


Expand Energy Business Description

Industry EnergyOil & Gas
Address 6100 North Western Avenue, Oklahoma City, OK, USA, 73118
Expand Energy is a North American natural gas producer in the Haynesville and Appalachian basins, formed by the combination of Chesapeake and Southwestern. Its largest operation by volume is the Haynesville basin in Louisiana, which is heavily exposed to nearby LNG production. Appalachia benefits from its proximity to population centers in the Northeast and mid-Atlantic regions.
61GF Score

Get the complete analysis for EXE

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

$87.48
Price
$129.73
GF Value