Avista (FRA:AV6) Cyclically Adjusted PS Ratio: 1.56 (As of Jul. 17, 2026) — Near Median

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FRA:AV6 Avista Corp FRA:AV6
74 GF Score
Price €35.98
GF Value €31.14
Valuation Modestly Overvalued
! 13 Warning Signs
View Full Analysis

What is Avista Cyclically Adjusted PS Ratio?

Avista FRA:AV6 -1.10% 74 Cyclically Adjusted PS Ratio is 1.56 as of Jul. 17, 2026, which is at its 10-year median of 1.56. GuruFocus rates FRA:AV6 with a GF Score™ of 74/100 and a GF Value™ of €31.14 (Modestly Overvalued). The stock has 13 warning signs investors should review. Among 441 Utilities - Regulated companies, Avista ranks worse than 55.56% on this metric.

As of today (2026-07-17), Avista's current share price is €35.98. Avista's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €23.03. Avista's Cyclically Adjusted PS Ratio for today is 1.56.

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

FRA:AV6' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.19   Med: 1.56   Max: 2.03
Current: 1.6

During the past years, Avista's highest Cyclically Adjusted PS Ratio was 2.03. The lowest was 1.19. And the median was 1.56.

FRA:AV6's Cyclically Adjusted PS Ratio is ranked worse than
55.56% of 441 companies
in the Utilities - Regulated industry
Industry Median: 1.42 vs FRA:AV6: 1.60

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.

Avista's adjusted revenue per share data for the three months ended in Mar. 2026 was €5.987. 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 €23.03 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avista  (FRA:AV6) 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.


Avista Cyclically Adjusted PS Ratio Related Terms


Avista Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Avista'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.

Avista Cyclically Adjusted PS Ratio Chart

Avista 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 1.68 1.69 1.36 1.40 1.47

Avista 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 1.59 1.44 1.43 1.47 1.52

FRA:AV6 vs UTL, AES, SRE: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Diversified subindustry, Avista'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.


Avista Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

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


FRA:AV6
74GF Score
Avista Corp FRA:AV6
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avista 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35.98/23.03
=1.56

* 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.

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

For example, Avista'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)
=5.987/330.2130*330.2130
=5.987

Current CPI (Mar. 2026) = 330.2130.

Avista Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.449 241.018 6.095
201609 4.202 241.428 5.747
201612 5.899 241.432 8.068
201703 6.330 243.801 8.574
201706 4.336 244.955 5.845
201709 3.841 246.819 5.139
201712 5.148 246.524 6.896
201803 5.035 249.554 6.662
201806 4.142 251.989 5.428
201809 3.842 252.439 5.026
201812 4.969 251.233 6.531
201903 5.321 254.202 6.912
201906 4.036 256.143 5.203
201909 3.883 256.759 4.994
201912 4.885 256.974 6.277
202003 5.241 258.115 6.705
202006 3.660 257.797 4.688
202009 3.387 260.280 4.297
202012 4.525 260.474 5.737
202103 4.990 264.877 6.221
202106 3.560 271.696 4.327
202109 3.588 274.310 4.319
202112 5.369 278.802 6.359
202203 5.833 287.504 6.699
202206 4.929 296.311 5.493
202209 4.953 296.808 5.510
202212 6.463 296.797 7.191
202303 5.889 301.836 6.443
202306 4.606 305.109 4.985
202309 4.634 307.789 4.972
202312 6.102 306.746 6.569
202403 7.164 312.332 7.574
202406 4.760 314.175 5.003
202409 4.495 315.301 4.708
202412 6.391 315.605 6.687
202503 7.107 319.799 7.338
202506 4.412 322.561 4.517
202509 4.224 324.800 4.294
202512 5.562 324.054 5.668
202603 5.987 330.213 5.987

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 1.56 mean?
Avista (FRA:AV6) has a Cyclically Adjusted PS Ratio of 1.56 as of Jul. 17, 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 Avista and its competitors. This is near median its historical median of 1.56. Over the past decade, Avista's Cyclically Adjusted PS Ratio has ranged from 1.19 to 2.03. According to the industry distribution chart, Avista ranks #245 out of 441 companies in the Utilities - Regulated industry, placing it in the top 55.6%.
Is Avista's Cyclically Adjusted PS Ratio too high?
Avista's current Cyclically Adjusted PS Ratio of 1.56 is near median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 2.03. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.42. Avista's value of 1.56 is 9.9% above this industry median. Based on the distribution chart, Avista ranks #245 out of 441 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Avista has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Avista's Cyclically Adjusted PS Ratio compare to UTL and AES?
According to the Utilities - Regulated industry distribution chart, Avista ranks #245 out of 441 companies for Cyclically Adjusted PS Ratio. This places Avista in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.42. Avista's value of 1.56 is 9.9% above this benchmark. Historically, Avista's own Cyclically Adjusted PS Ratio has ranged from 1.19 to 2.03 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 1.42, Avista 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 1.42, 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. Avista's current Cyclically Adjusted PS Ratio of 1.56 is 9.9% 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 Avista and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avista's current Cyclically Adjusted PS Ratio is 1.56, which is near median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avista stock overvalued right now?
Based on GuruFocus' analysis, Avista (FRA:AV6) is currently considered Modestly Overvalued. The stock's GF Value™ is €31.14, compared to a current price of €35.98 — trading 15.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.56, which is near median its 10-year median of 1.56 and 9.9% above the Utilities - Regulated industry median of 1.42. Avista's overall GF Score™ is 74/100 with 13 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 Avista (FRA:AV6), the current Cyclically Adjusted PS Ratio is 1.56 as of Jul. 17, 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 Avista (FRA:AV6) Overvalued in 2026?

Based on GuruFocus' analysis, Avista stock appears to be overvalued. The current stock price of €35.98 is trading 15.5% above its estimated GF Value™ of €31.14. GuruFocus considers Avista to be Modestly Overvalued.

Key valuation signals for FRA:AV6:

  • Cyclically Adjusted PS Ratio: 1.56 (near median its 10-year median of 1.56)
  • GF Value™: €31.14 vs. price of €35.98 (15.5% above fair value)
  • GF Score™: 74/100 with 13 warning signs
  • Industry Position: 9.9% above the Utilities - Regulated median (#245 of 441)

No single metric tells the full story. See the FRA:AV6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Avista Business Description

Other Exchanges AVA:USAAV6:Germany
Address 1411 East Mission Avenue, Spokane, WA, USA, 99202-2600
Avista Corp is an electric and natural gas utility company. The company has two business segments including Avista Utilities, which provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho, and also provides natural gas distribution service in parts of northeastern and southwestern Oregon. Avista Utilities has electric generating facilities in Washington, Idaho, Oregon, and Montana. AEL&P segment is a regulated utility providing electric services in Juneau, Alaska that is a wholly-owned subsidiary and the primary operating subsidiary of AERC.
74GF Score

Get the complete analysis for FRA:AV6

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

€35.98
Price
€31.14
GF Value