IRDEF (Iren SpA) Cyclically Adjusted PS Ratio: 0.55 (As of Jul. 08, 2026) — 13% Below Median


IRDEF Iren SpA IRDEF
75 GF Score
Price $2.61
GF Value $2.19
! 5 Warning Signs
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What is Iren SpA Cyclically Adjusted PS Ratio?

Iren SpA IRDEF -20.91% 75 Cyclically Adjusted PS Ratio is 0.55 as of Jul. 08, 2026, which is 13% below its 10-year median of 0.63. GuruFocus rates IRDEF with a GF Score™ of 75/100 and a GF Value™ of $2.19. The stock has 5 warning signs investors should review. Among 441 Utilities - Regulated companies, Iren SpA ranks better than 75.74% on this metric.

As of today (2026-07-08), Iren SpA's current share price is $2.61. Iren SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $4.71. Iren SpA's Cyclically Adjusted PS Ratio for today is 0.55.

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

IRDEF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.63   Max: 1.03
Current: 0.58

During the past years, Iren SpA's highest Cyclically Adjusted PS Ratio was 1.03. The lowest was 0.38. And the median was 0.63.

IRDEF's Cyclically Adjusted PS Ratio is ranked better than
75.74% of 441 companies
in the Utilities - Regulated industry
Industry Median: 1.43 vs IRDEF: 0.58

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.

Iren SpA's adjusted revenue per share data for the three months ended in Mar. 2026 was $1.601. 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 $4.71 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iren SpA  (OTCPK:IRDEF) 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.


Iren SpA Cyclically Adjusted PS Ratio Related Terms


Iren SpA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Iren SpA'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.

Iren SpA Cyclically Adjusted PS Ratio Chart

Iren SpA 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 0.86 0.40 0.51 0.47 0.59

Iren SpA 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 0.56 0.61 0.61 0.59 0.55

IRDEF vs SRE: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Diversified subindustry, Iren SpA'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.


Iren SpA Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

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


IRDEF
75GF Score
Iren SpA IRDEF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iren SpA 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.

Iren SpA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.61/4.71
=0.55

* 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.

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

For example, Iren SpA'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)
=1.601/124.5600*124.5600
=1.601

Current CPI (Mar. 2026) = 124.5600.

Iren SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.640 99.900 0.798
201609 0.521 100.100 0.648
201612 1.012 100.300 1.257
201703 0.848 101.000 1.046
201706 0.721 101.100 0.888
201709 0.647 101.200 0.796
201712 1.159 101.200 1.427
201803 0.972 101.800 1.189
201806 0.820 102.400 0.997
201809 0.621 102.600 0.754
201812 1.195 102.300 1.455
201903 1.073 102.800 1.300
201906 0.847 103.100 1.023
201909 0.720 102.900 0.872
201912 0.975 102.800 1.181
202003 0.887 102.900 1.074
202006 0.663 102.900 0.803
202009 0.640 102.300 0.779
202012 1.092 102.600 1.326
202103 1.016 103.700 1.220
202106 0.856 104.200 1.023
202109 0.925 104.900 1.098
202112 1.641 106.600 1.917
202203 1.850 110.400 2.087
202206 1.249 112.500 1.383
202209 1.427 114.200 1.556
202212 1.799 119.000 1.883
202303 1.638 118.800 1.717
202306 0.994 119.700 1.034
202309 1.115 120.300 1.154
202312 1.592 119.700 1.657
202403 1.307 120.200 1.354
202406 0.932 120.700 0.962
202409 1.222 121.200 1.256
202412 1.536 121.200 1.579
202503 1.732 122.500 1.761
202506 1.224 122.700 1.243
202509 1.145 123.100 1.159
202512 1.611 122.600 1.637
202603 1.601 124.560 1.601

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 0.55 mean?
Iren SpA (IRDEF) has a Cyclically Adjusted PS Ratio of 0.55 as of Jul. 08, 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 Iren SpA and its competitors. This is 13% below median its historical median of 0.63. Over the past decade, Iren SpA's Cyclically Adjusted PS Ratio has ranged from 0.38 to 1.03. According to the industry distribution chart, Iren SpA ranks #107 out of 441 companies in the Utilities - Regulated industry, placing it in the top 24.3%.
Is Iren SpA's Cyclically Adjusted PS Ratio too high?
Iren SpA's current Cyclically Adjusted PS Ratio of 0.55 is 13% below median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.03. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.43. Iren SpA's value of 0.55 is 61.5% below this industry median. Based on the distribution chart, Iren SpA ranks #107 out of 441 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Iren SpA has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Iren SpA's Cyclically Adjusted PS Ratio compare to SRE?
According to the Utilities - Regulated industry distribution chart, Iren SpA ranks #107 out of 441 companies for Cyclically Adjusted PS Ratio. This places Iren SpA in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.43. Iren SpA's value of 0.55 is 61.5% below this benchmark. Historically, Iren SpA's own Cyclically Adjusted PS Ratio has ranged from 0.38 to 1.03 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 1.43, Iren SpA 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 - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.43, 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. Iren SpA's current Cyclically Adjusted PS Ratio of 0.55 is 61.5% 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 Iren SpA and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iren SpA's current Cyclically Adjusted PS Ratio is 0.55, which is 13% below median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iren SpA stock overvalued right now?
Iren SpA (IRDEF) has a current Cyclically Adjusted PS Ratio of 0.55. The stock's GF Value™ is $2.19, compared to a current price of $2.61 — trading 19.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.55, which is 13% below median its 10-year median of 0.63 and 61.5% below the Utilities - Regulated industry median of 1.43. Iren SpA's overall GF Score™ is 75/100 with 5 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 Iren SpA (IRDEF), the current Cyclically Adjusted PS Ratio is 0.55 as of Jul. 08, 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 Iren SpA (IRDEF) Overvalued in 2026?

Based on GuruFocus' analysis, Iren SpA stock appears to be overvalued. The current stock price of $2.61 is trading 19.2% above its estimated GF Value™ of $2.19.

Key valuation signals for IRDEF:

  • Cyclically Adjusted PS Ratio: 0.55 (13% below median its 10-year median of 0.63)
  • GF Value™: $2.19 vs. price of $2.61 (19.2% above fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 61.5% below the Utilities - Regulated median (#107 of 441)

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


Iren SpA Business Description

Address Via Nubi di Magellano, 30, Reggio Emilia, ITA, 42123
Iren SpA is a multi-service Italian utilities holding company that produces and distributes electricity and natural gas. It also provides district heating, water, and environmental services. Iren has five operating companies that include Iren Acqua Gas, Iren Energia (electricity and thermal production), Iren Mercato (sale of electricity, gas, and district heating), Iren Emilia (gas distribution), and Iren Ambiente (environmental services). The company primarily uses hydroelectric, cogeneration, and wind power as energy sources. The majority of revenue is derived from the distribution and sale of electricity and natural gas products and services.
75GF Score

Get the complete analysis for IRDEF

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

$2.61
Price
$2.19
GF Value