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CEZ a.s (FRA:CEZ) Cyclically Adjusted PS Ratio : 1.92 (As of May. 28, 2024)


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What is CEZ a.s Cyclically Adjusted PS Ratio?

As of today (2024-05-28), CEZ a.s's current share price is €37.74. CEZ a.s's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €19.65. CEZ a.s's Cyclically Adjusted PS Ratio for today is 1.92.

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

FRA:CEZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.6   Max: 2.63
Current: 1.9

During the past years, CEZ a.s's highest Cyclically Adjusted PS Ratio was 2.63. The lowest was 0.91. And the median was 1.60.

FRA:CEZ's Cyclically Adjusted PS Ratio is ranked worse than
50.95% of 263 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.87 vs FRA:CEZ: 1.90

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.

CEZ a.s's adjusted revenue per share data for the three months ended in Mar. 2024 was €6.390. 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 €19.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CEZ a.s Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CEZ a.s'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.

* Premium members only.

CEZ a.s Cyclically Adjusted PS Ratio Chart

CEZ a.s Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 1.24 1.88 1.69 2.01

CEZ a.s Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.25 1.90 2.04 2.01 1.71

Competitive Comparison of CEZ a.s's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, CEZ a.s'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.


CEZ a.s's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CEZ a.s's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



CEZ a.s 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.

CEZ a.s's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=37.74/19.65
=1.92

* 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.

CEZ a.s's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CEZ a.s's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=6.39/131.7762*131.7762
=6.390

Current CPI (Mar. 2024) = 131.7762.

CEZ a.s Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.312 100.560 4.340
201409 3.077 100.428 4.037
201412 3.278 99.070 4.360
201503 3.687 99.621 4.877
201506 3.342 100.684 4.374
201509 3.258 100.392 4.277
201512 3.920 99.792 5.176
201603 3.548 100.470 4.654
201606 3.222 101.688 4.175
201609 3.116 101.861 4.031
201612 4.038 101.863 5.224
201703 3.615 102.862 4.631
201706 3.303 103.349 4.212
201709 3.255 104.136 4.119
201712 4.011 104.011 5.082
201803 3.350 105.290 4.193
201806 2.751 106.317 3.410
201809 3.312 106.507 4.098
201812 3.733 105.998 4.641
201903 3.720 107.251 4.571
201906 3.433 108.070 4.186
201909 4.289 108.329 5.217
201912 4.144 108.420 5.037
202003 3.942 108.902 4.770
202006 3.427 108.767 4.152
202009 3.390 109.815 4.068
202012 4.075 109.897 4.886
202103 4.152 111.754 4.896
202106 3.555 114.631 4.087
202109 3.418 115.734 3.892
202112 5.943 117.630 6.658
202203 5.290 121.301 5.747
202206 4.052 125.017 4.271
202209 6.054 125.227 6.371
202212 0.854 125.222 0.899
202303 7.305 127.348 7.559
202306 5.829 128.729 5.967
202309 5.811 129.860 5.897
202312 5.480 129.419 5.580
202403 6.390 131.776 6.390

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.


CEZ a.s  (FRA:CEZ) 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.


CEZ a.s Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of CEZ a.s's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


CEZ a.s (FRA:CEZ) Business Description

Address
Duhova 2/1444, Prague 4, CZE, 140 53
CEZ a.s is a Czech energy company of which the government of the Czech Republic is the majority shareholder. Its core business is the generation, distribution, trade, and sale of electricity and heat. With its subsidiaries, the company operates a portfolio of both conventional and renewable energy power plants. Total energy production is mainly split between facilities utilizing thermal and nuclear inputs. CEZ segments comprise Generation; Distribution; Sales and Mining. Most of its revenue gets derived from the Generation segment.

CEZ a.s (FRA:CEZ) Headlines

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