Electricity Generating PCL (FRA:ECGF) Cyclically Adjusted PS Ratio: 1.44 (As of Jul. 09, 2026) — 56% Below Median


FRA:ECGF Electricity Generating PCL FRA:ECGF
60 GF Score
Price €3.06
GF Value €1.92
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Electricity Generating PCL Cyclically Adjusted PS Ratio?

Electricity Generating PCL FRA:ECGF 60 Cyclically Adjusted PS Ratio is 1.44 as of Jul. 09, 2026, which is 56% below its 10-year median of 3.27. GuruFocus rates FRA:ECGF with a GF Score™ of 60/100 and a GF Value™ of €1.92 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 270 Utilities - Independent Power Producers companies, Electricity Generating PCL ranks better than 54.81% on this metric.

As of today (2026-07-09), Electricity Generating PCL's current share price is €3.06. Electricity Generating PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €2.12. Electricity Generating PCL's Cyclically Adjusted PS Ratio for today is 1.44.

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

FRA:ECGF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.09   Med: 3.27   Max: 9.26
Current: 1.42

During the past years, Electricity Generating PCL's highest Cyclically Adjusted PS Ratio was 9.26. The lowest was 1.09. And the median was 3.27.

FRA:ECGF's Cyclically Adjusted PS Ratio is ranked better than
54.81% of 270 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.685 vs FRA:ECGF: 1.42

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.

Electricity Generating PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.421. 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 €2.12 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Electricity Generating PCL  (FRA:ECGF) 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.


Electricity Generating PCL Cyclically Adjusted PS Ratio Related Terms


Electricity Generating PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Electricity Generating PCL'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.

Electricity Generating PCL Cyclically Adjusted PS Ratio Chart

Electricity Generating PCL 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 3.12 2.53 1.71 1.46 1.35

Electricity Generating PCL 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 1.11 1.21 1.36 1.35 1.30

FRA:ECGF vs CEG, VST, NRG: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Independent Power Producers subindustry, Electricity Generating PCL'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.


Electricity Generating PCL Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

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

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


FRA:ECGF
60GF Score
Electricity Generating PCL FRA:ECGF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Electricity Generating PCL 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.

Electricity Generating PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.06/2.12
=1.44

* 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.

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

For example, Electricity Generating PCL'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)
=0.421/330.2130*330.2130
=0.421

Current CPI (Mar. 2026) = 330.2130.

Electricity Generating PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.214 241.018 0.293
201609 0.362 241.428 0.495
201612 0.342 241.432 0.468
201703 0.320 243.801 0.433
201706 0.139 244.955 0.187
201709 0.167 246.819 0.223
201712 1.025 246.524 1.373
201803 0.414 249.554 0.548
201806 0.410 251.989 0.537
201809 0.467 252.439 0.611
201812 0.490 251.233 0.644
201903 0.499 254.202 0.648
201906 0.540 256.143 0.696
201909 0.517 256.759 0.665
201912 0.506 256.974 0.650
202003 0.470 258.115 0.601
202006 0.492 257.797 0.630
202009 0.428 260.280 0.543
202012 0.386 260.474 0.489
202103 0.368 264.877 0.459
202106 0.437 271.696 0.531
202109 0.427 274.310 0.514
202112 0.568 278.802 0.673
202203 0.622 287.504 0.714
202206 0.717 296.311 0.799
202209 0.875 296.808 0.973
202212 0.872 296.797 0.970
202303 0.681 301.836 0.745
202306 0.685 305.109 0.741
202309 0.598 307.789 0.642
202312 0.532 306.746 0.573
202403 0.479 312.332 0.506
202406 0.479 314.175 0.503
202409 0.563 315.301 0.590
202412 0.510 315.605 0.534
202503 0.486 319.799 0.502
202506 0.500 322.561 0.512
202509 0.278 324.800 0.283
202512 0.378 324.054 0.385
202603 0.421 330.213 0.421

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 1.44 mean?
Electricity Generating PCL (FRA:ECGF) has a Cyclically Adjusted PS Ratio of 1.44 as of Jul. 09, 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 Electricity Generating PCL and its competitors. This is 56% below median its historical median of 3.27. Over the past decade, Electricity Generating PCL's Cyclically Adjusted PS Ratio has ranged from 1.09 to 9.26. According to the industry distribution chart, Electricity Generating PCL ranks #122 out of 270 companies in the Utilities - Independent Power Producers industry, placing it in the top 45.2%.
Is Electricity Generating PCL's Cyclically Adjusted PS Ratio too high?
Electricity Generating PCL's current Cyclically Adjusted PS Ratio of 1.44 is 56% below median its 10-year median of 3.27. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 9.26. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.69. Electricity Generating PCL's value of 1.44 is 14.5% below this industry median. Based on the distribution chart, Electricity Generating PCL ranks #122 out of 270 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Electricity Generating PCL has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Electricity Generating PCL's Cyclically Adjusted PS Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Electricity Generating PCL ranks #122 out of 270 companies for Cyclically Adjusted PS Ratio. This puts Electricity Generating PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.69. Electricity Generating PCL's value of 1.44 is 14.5% below this benchmark. Historically, Electricity Generating PCL's own Cyclically Adjusted PS Ratio has ranged from 1.09 to 9.26 over the past decade. While the company's 10-year median is 3.27 vs. the industry median of 1.69, Electricity Generating PCL 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 - Independent Power Producers company?
The median Cyclically Adjusted PS Ratio among Utilities - Independent Power Producers companies is 1.69, based on 270 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. Electricity Generating PCL's current Cyclically Adjusted PS Ratio of 1.44 is 14.5% 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 Electricity Generating PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electricity Generating PCL's current Cyclically Adjusted PS Ratio is 1.44, which is 56% below median its own 10-year median of 3.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electricity Generating PCL stock overvalued right now?
Based on GuruFocus' analysis, Electricity Generating PCL (FRA:ECGF) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.92, compared to a current price of €3.06 — trading 59.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.44, which is 56% below median its 10-year median of 3.27 and 14.5% below the Utilities - Independent Power Producers industry median of 1.69. Electricity Generating PCL's overall GF Score™ is 60/100 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 Electricity Generating PCL (FRA:ECGF), the current Cyclically Adjusted PS Ratio is 1.44 as of Jul. 09, 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 Electricity Generating PCL (FRA:ECGF) Overvalued in 2026?

Based on GuruFocus' analysis, Electricity Generating PCL stock appears to be overvalued. The current stock price of €3.06 is trading 59.4% above its estimated GF Value™ of €1.92. GuruFocus considers Electricity Generating PCL to be Significantly Overvalued.

Key valuation signals for FRA:ECGF:

  • Cyclically Adjusted PS Ratio: 1.44 (56% below median its 10-year median of 3.27)
  • GF Value™: €1.92 vs. price of €3.06 (59.4% above fair value)
  • GF Score™: 60/100 with 10 warning signs
  • Industry Position: 14.5% below the Utilities - Independent Power Producers median (#122 of 270)

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


Electricity Generating PCL Business Description

Other Exchanges EGCO:Thailand
Address Vibhavadi Rangsit Road, 222, EGCO Tower, 14th and 15th Floors, Tungsonghong, Laksi, Bangkok, THA, 10210
Electricity Generating PCL is engaged in the generation of electricity for sales to the government sector and industrial users. As a holding company, the majority of the company's revenue comes from its numerous subsidiaries and joint ventures located throughout Thailand and other regions. The company has two segments report which are comprised of electricity generation and other businesses. The majority of its revenue is derived from the electricity generation segment. Geographically, key revenue for the company is derived from Thailand and the rest from the Philippines and Australia.
60GF Score

Get the complete analysis for FRA:ECGF

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

€3.06
Price
€1.92
GF Value