California Water Service Group (FRA:WT5) Cyclically Adjusted PS Ratio: 2.76 (As of Jul. 25, 2026) — 12% Below Median

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FRA:WT5 California Water Service Group FRA:WT5
80 GF Score
Price €44.40
GF Value €45.44
Valuation Fairly Valued
! 9 Warning Signs
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What is California Water Service Group Cyclically Adjusted PS Ratio?

California Water Service Group FRA:WT5 80 Cyclically Adjusted PS Ratio is 2.76 as of Jul. 25, 2026, which is 12% below its 10-year median of 3.13. GuruFocus rates FRA:WT5 with a GF Score™ of 80/100 and a GF Value™ of €45.44 (Fairly Valued). The stock has 9 warning signs investors should review. Among 442 Utilities - Regulated companies, California Water Service Group ranks worse than 73.53% on this metric.

As of today (2026-07-25), California Water Service Group's current share price is €44.40. California Water Service Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €16.06. California Water Service Group's Cyclically Adjusted PS Ratio for today is 2.76.

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

FRA:WT5' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.33   Med: 3.13   Max: 4.6
Current: 2.79

During the past years, California Water Service Group's highest Cyclically Adjusted PS Ratio was 4.60. The lowest was 2.33. And the median was 3.13.

FRA:WT5's Cyclically Adjusted PS Ratio is ranked worse than
73.53% of 442 companies
in the Utilities - Regulated industry
Industry Median: 1.44 vs FRA:WT5: 2.79

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.

California Water Service Group's adjusted revenue per share data for the three months ended in Mar. 2026 was €3.105. 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 €16.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


California Water Service Group  (FRA:WT5) 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.


California Water Service Group Cyclically Adjusted PS Ratio Related Terms


California Water Service Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for California Water Service Group'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.

California Water Service Group Cyclically Adjusted PS Ratio Chart

California Water Service Group 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 4.60 3.68 3.09 2.61 2.43

California Water Service Group 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 2.75 2.56 2.56 2.43 2.49

FRA:WT5 vs AWR, HTO, MSEX: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Water subindustry, California Water Service Group'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.


California Water Service Group Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

* The bar in red indicates where California Water Service Group's Cyclically Adjusted PS Ratio falls into.


FRA:WT5
80GF Score
California Water Service Group FRA:WT5
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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California Water Service Group 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.

California Water Service Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=44.40/16.06
=2.76

* 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.

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

For example, California Water Service Group'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)
=3.105/330.2130*330.2130
=3.105

Current CPI (Mar. 2026) = 330.2130.

California Water Service Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.828 241.018 3.875
201609 3.423 241.428 4.682
201612 2.983 241.432 4.080
201703 2.378 243.801 3.221
201706 3.172 244.955 4.276
201709 3.700 246.819 4.950
201712 3.013 246.524 4.036
201803 2.272 249.554 3.006
201806 3.115 251.989 4.082
201809 3.945 252.439 5.160
201812 3.062 251.233 4.025
201903 2.321 254.202 3.015
201906 3.292 256.143 4.244
201909 4.386 256.759 5.641
201912 3.295 256.974 4.234
202003 2.339 258.115 2.992
202006 3.184 257.797 4.078
202009 5.265 260.280 6.680
202012 3.110 260.474 3.943
202103 2.460 264.877 3.067
202106 3.463 271.696 4.209
202109 4.211 274.310 5.069
202112 2.885 278.802 3.417
202203 2.921 287.504 3.355
202206 3.609 296.311 4.022
202209 4.977 296.808 5.537
202212 3.440 296.797 3.827
202303 2.200 301.836 2.407
202306 3.157 305.109 3.417
202309 4.138 307.789 4.439
202312 3.407 306.746 3.668
202403 4.311 312.332 4.558
202406 3.891 314.175 4.090
202409 4.576 315.301 4.792
202412 3.565 315.605 3.730
202503 3.167 319.799 3.270
202506 3.852 322.561 3.943
202509 4.445 324.800 4.519
202512 3.147 324.054 3.207
202603 3.105 330.213 3.105

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 2.76 mean?
California Water Service Group (FRA:WT5) has a Cyclically Adjusted PS Ratio of 2.76 as of Jul. 25, 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 California Water Service Group and its competitors. This is 12% below median its historical median of 3.13. Over the past decade, California Water Service Group's Cyclically Adjusted PS Ratio has ranged from 2.33 to 4.60. According to the industry distribution chart, California Water Service Group ranks #325 out of 442 companies in the Utilities - Regulated industry, placing it in the top 73.5%.
Is California Water Service Group's Cyclically Adjusted PS Ratio too high?
California Water Service Group's current Cyclically Adjusted PS Ratio of 2.76 is 12% below median its 10-year median of 3.13. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 4.60. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.44. California Water Service Group's value of 2.76 is 91.7% above this industry median. Based on the distribution chart, California Water Service Group ranks #325 out of 442 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, California Water Service Group has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does California Water Service Group's Cyclically Adjusted PS Ratio compare to AWR and HTO?
According to the Utilities - Regulated industry distribution chart, California Water Service Group ranks #325 out of 442 companies for Cyclically Adjusted PS Ratio. This places California Water Service Group in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.44. California Water Service Group's value of 2.76 is 91.7% above this benchmark. Historically, California Water Service Group's own Cyclically Adjusted PS Ratio has ranged from 2.33 to 4.60 over the past decade. While the company's 10-year median is 3.13 vs. the industry median of 1.44, California Water Service Group 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 1.44, based on 442 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. California Water Service Group's current Cyclically Adjusted PS Ratio of 2.76 is 91.7% 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 California Water Service Group and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. California Water Service Group's current Cyclically Adjusted PS Ratio is 2.76, which is 12% below median its own 10-year median of 3.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is California Water Service Group stock overvalued right now?
Based on GuruFocus' analysis, California Water Service Group (FRA:WT5) is currently considered Fairly Valued. The stock's GF Value™ is €45.44, compared to a current price of €44.40 — trading 2.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.76, which is 12% below median its 10-year median of 3.13 and 91.7% above the Utilities - Regulated industry median of 1.44. California Water Service Group's overall GF Score™ is 80/100 with 9 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 California Water Service Group (FRA:WT5), the current Cyclically Adjusted PS Ratio is 2.76 as of Jul. 25, 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 California Water Service Group (FRA:WT5) Overvalued in 2026?

Based on GuruFocus' analysis, California Water Service Group stock appears to be undervalued. The current stock price of €44.40 is trading 2.3% below its estimated GF Value™ of €45.44. GuruFocus considers California Water Service Group to be Fairly Valued.

Key valuation signals for FRA:WT5:

  • Cyclically Adjusted PS Ratio: 2.76 (12% below median its 10-year median of 3.13)
  • GF Value™: €45.44 vs. price of €44.40 (2.3% below fair value)
  • GF Score™: 80/100 with 9 warning signs
  • Industry Position: 91.7% above the Utilities - Regulated median (#325 of 442)

No single metric tells the full story. See the FRA:WT5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


California Water Service Group Business Description

Other Exchanges CWT:USA
Address 1720 North First Street, San Jose, CA, USA, 95112
California Water Service Group is a U.S. water and utilities holding company based in California. The company provides water utility and other related services in California, Washington, New Mexico, Hawaii and Texas through its wholly-owned subsidiaries. The bulk of the company's business consists of the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, and the provision of water for domestic and municipal fire protection services.
80GF Score

Get the complete analysis for FRA:WT5

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

€44.40
Price
€45.44
GF Value