SSE (FRA:SCTA) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:SCTA SSE PLC FRA:SCTA
77 GF Score
Price €29.00
GF Value €19.02
Valuation Significantly Overvalued
! 5 Warning Signs
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What is SSE Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SSE  (FRA:SCTA) 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.


SSE Cyclically Adjusted PS Ratio Related Terms


SSE Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for SSE'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.

SSE Cyclically Adjusted PS Ratio Chart

SSE Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.73 0.78 0.88 1.67

SSE Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.78 0.94 0.88 0.99 1.66

FRA:SCTA vs SRE, AES: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Diversified subindustry, SSE'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.


SSE Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

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


FRA:SCTA
77GF Score
SSE PLC FRA:SCTA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SSE 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.

SSE's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, SSE's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=10.269/140.8000*140.8000
=10.269

Current CPI (Mar26) = 140.8000.

SSE Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 34.117 102.700 46.774
201803 30.553 105.100 40.931
201903 8.103 107.000 10.663
202003 7.529 108.600 9.761
202103 7.338 109.700 9.418
202203 9.677 116.500 11.695
202303 13.438 126.800 14.922
202403 11.095 131.600 11.871
202503 10.953 136.100 11.331
202603 10.269 140.800 10.269

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 SSE (FRA:SCTA) Overvalued in 2026?

Based on GuruFocus' analysis, SSE stock appears to be overvalued. The current stock price of €29.00 is trading 52.5% above its estimated GF Value™ of €19.02. GuruFocus considers SSE to be Significantly Overvalued.

Key valuation signals for FRA:SCTA:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €19.02 vs. price of €29.00 (52.5% above fair value)
  • GF Score™: 77/100 with 5 warning signs

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


SSE Business Description

Address 200 Dunkeld Road, Inveralmond House, Perth, Perthshire, GBR, PH1 3AQ
SSE is an integrated utility based in the United Kingdom owning and operating renewables and gas-fired power plants and electricity transmission and distribution networks. The firm is also involved in smaller related businesses such as gas storage and energy services.
77GF Score

Get the complete analysis for FRA:SCTA

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

€29.00
Price
€19.02
GF Value