IRDEY (Iren SpA) Cyclically Adjusted PS Ratio: 0.54 (As of Aug. 08, 2026) — 14% Below Median

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IRDEY Iren SpA IRDEY
79 GF Score
Price $28.95
GF Value $25.07
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Iren SpA Cyclically Adjusted PS Ratio?

Iren SpA IRDEY 79 Cyclically Adjusted PS Ratio is 0.54 as of Aug. 08, 2026, which is 14% below its 10-year median of 0.63. GuruFocus rates IRDEY with a GF Score™ of 79/100 and a GF Value™ of $25.07 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 441 Utilities - Regulated companies, Iren SpA ranks better than 76.64% on this metric.

As of today (2026-08-08), Iren SpA's current share price is $28.95. Iren SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $53.39. Iren SpA's Cyclically Adjusted PS Ratio for today is 0.54.

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

IRDEY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.63   Max: 1.03
Current: 0.56

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.

IRDEY's Cyclically Adjusted PS Ratio is ranked better than
76.64% of 441 companies
in the Utilities - Regulated industry
Industry Median: 1.43 vs IRDEY: 0.56

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 Jun. 2026 was $11.940. 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 $53.39 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iren SpA  (OTCPK:IRDEY) 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
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.61 0.61 0.59 0.55 0.54

IRDEY 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.


IRDEY
79GF Score
Iren SpA IRDEY
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
=28.95/53.39
=0.54

* 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 Jun. 2026 is calculated as:

For example, Iren SpA's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=11.94/126.4000*126.4000
=11.940

Current CPI (Jun. 2026) = 126.4000.

Iren SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 5.215 100.100 6.585
201612 10.117 100.300 12.750
201703 8.481 101.000 10.614
201706 7.207 101.100 9.011
201709 6.470 101.200 8.081
201712 11.590 101.200 14.476
201803 9.721 101.800 12.070
201806 8.199 102.400 10.121
201809 6.209 102.600 7.649
201812 11.953 102.300 14.769
201903 10.730 102.800 13.193
201906 8.469 103.100 10.383
201909 7.198 102.900 8.842
201912 9.755 102.800 11.994
202003 8.868 102.900 10.893
202006 6.625 102.900 8.138
202009 6.403 102.300 7.911
202012 10.916 102.600 13.448
202103 10.158 103.700 12.382
202106 8.560 104.200 10.384
202109 9.250 104.900 11.146
202112 16.408 106.600 19.456
202203 18.495 110.400 21.175
202206 12.494 112.500 14.038
202209 14.268 114.200 15.792
202212 17.991 119.000 19.110
202303 16.376 118.800 17.424
202306 9.942 119.700 10.498
202309 11.148 120.300 11.713
202312 15.921 119.700 16.812
202403 13.071 120.200 13.745
202406 9.322 120.700 9.762
202409 12.225 121.200 12.750
202412 15.358 121.200 16.017
202503 17.325 122.500 17.877
202506 12.240 122.700 12.609
202509 11.453 123.100 11.760
202512 16.112 122.600 16.611
202603 16.012 124.560 16.249
202606 11.940 126.400 11.940

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 0.54 mean?
Iren SpA (IRDEY) has a Cyclically Adjusted PS Ratio of 0.54 as of Aug. 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 14% 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 #103 out of 441 companies in the Utilities - Regulated industry, placing it in the top 23.4%.
Is Iren SpA's Cyclically Adjusted PS Ratio too high?
Iren SpA's current Cyclically Adjusted PS Ratio of 0.54 is 14% 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 0.54 is 62.2% below this industry median. Based on the distribution chart, Iren SpA ranks #103 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 79/100 and is considered Modestly Overvalued, 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 #103 out of 441 companies for Cyclically Adjusted PS Ratio. This places Iren SpA in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.43. Iren SpA's value of 0.54 is 62.2% 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 0.54 is 62.2% 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 0.54, which is 14% 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?
Based on GuruFocus' analysis, Iren SpA (IRDEY) is currently considered Modestly Overvalued. The stock's GF Value™ is $25.07, compared to a current price of $28.95 — trading 15.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.54, which is 14% below median its 10-year median of 0.63 and 62.2% below the Utilities - Regulated industry median of 1.43. Iren SpA's overall GF Score™ is 79/100 with 4 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 (IRDEY), the current Cyclically Adjusted PS Ratio is 0.54 as of Aug. 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 (IRDEY) Overvalued in 2026?

Based on GuruFocus' analysis, Iren SpA stock appears to be overvalued. The current stock price of $28.95 is trading 15.5% above its estimated GF Value™ of $25.07. GuruFocus considers Iren SpA to be Modestly Overvalued.

Key valuation signals for IRDEY:

  • Cyclically Adjusted PS Ratio: 0.54 (14% below median its 10-year median of 0.63)
  • GF Value™: $25.07 vs. price of $28.95 (15.5% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 62.2% below the Utilities - Regulated median (#103 of 441)

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


Iren SpA Business Description

Other Exchanges IRE:Italy0MUN:UKTZ8:Germany
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.
79GF Score

Get the complete analysis for IRDEY

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

$28.95
Price
$25.07
GF Value