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Ceres Power HoldingsLSE:CWR -10.36%50 Cyclically Adjusted PS Ratio is 29.28 as of Jul. 17, 2026, which is 0% below its 10-year median of 29.38. GuruFocus rates LSE:CWR with a GF Score™ of 50/100 and a GF Value™ of £3.29 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,295 Industrial Products companies, Ceres Power Holdings ranks worse than 99.35% on this metric.
The historical rank and industry rank for Ceres Power Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:
LSE:CWR'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.36 Med: 29.38 Max: 315.2
Current: 35.31
During the past 13 years, Ceres Power Holdings's highest Cyclically Adjusted PS Ratio was 315.20. The lowest was 4.36. And the median was 29.38.
LSE:CWR's Cyclically Adjusted PS Ratio is ranked worse than 99.35% of 2295
companies
in the Industrial Products industry
Industry Median: 1.85
vs LSE:CWR: 35.31
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.
Ceres Power Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec25 was £0.168. 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 £0.13 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Ceres Power Holdings (LSE:CWR) 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.
Ceres Power Holdings Cyclically Adjusted PS Ratio Related Terms
Ceres Power Holdings Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Ceres Power Holdings'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.
Ceres Power Holdings Cyclically Adjusted PS Ratio Chart
LSE:CWR vs VRT, BE: Cyclically Adjusted PS Ratio Comparison
For the Electrical Equipment & Parts subindustry, Ceres Power Holdings'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.
Ceres Power Holdings Cyclically Adjusted PS Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ceres Power Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Ceres Power Holdings's Cyclically Adjusted PS Ratio falls into.
Ceres Power Holdings 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.
* 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.
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 29.28 mean?
Ceres Power Holdings (LSE:CWR) has a Cyclically Adjusted PS Ratio of 29.28 as of Jul. 17, 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 Ceres Power Holdings and its competitors. This is near median its historical median of 29.38. Over the past decade, Ceres Power Holdings' Cyclically Adjusted PS Ratio has ranged from 4.36 to 315.20. According to the industry distribution chart, Ceres Power Holdings ranks #2280 out of 2295 companies in the Industrial Products industry, placing it in the top 99.3%.
Is Ceres Power Holdings' Cyclically Adjusted PS Ratio too high?
Ceres Power Holdings' current Cyclically Adjusted PS Ratio of 29.28 is near median its 10-year median of 29.38. Over the past 10 years, this metric has ranged from a low of 4.36 to a high of 315.20. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.85. Ceres Power Holdings' value of 29.28 is 1482.7% above this industry median. Based on the distribution chart, Ceres Power Holdings ranks #2280 out of 2295 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Ceres Power Holdings has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ceres Power Holdings' Cyclically Adjusted PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ceres Power Holdings ranks #2280 out of 2295 companies for Cyclically Adjusted PS Ratio. This places Ceres Power Holdings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.85. Ceres Power Holdings' value of 29.28 is 1482.7% above this benchmark. Historically, Ceres Power Holdings' own Cyclically Adjusted PS Ratio has ranged from 4.36 to 315.20 over the past decade. While the company's 10-year median is 29.38 vs. the industry median of 1.85, Ceres Power Holdings 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 Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.85, based on 2,295 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. Ceres Power Holdings's current Cyclically Adjusted PS Ratio of 29.28 is 1482.7% 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 Ceres Power Holdings and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ceres Power Holdings's current Cyclically Adjusted PS Ratio is 29.28, which is near median its own 10-year median of 29.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ceres Power Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ceres Power Holdings (LSE:CWR) is currently considered Modestly Overvalued. The stock's GF Value™ is £3.29, compared to a current price of £3.81 — trading 15.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 29.28, which is near median its 10-year median of 29.38 and 1482.7% above the Industrial Products industry median of 1.85. Ceres Power Holdings' overall GF Score™ is 50/100 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 Ceres Power Holdings (LSE:CWR), the current Cyclically Adjusted PS Ratio is 29.28 as of Jul. 17, 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 Ceres Power Holdings (LSE:CWR) Overvalued in 2026?
Based on GuruFocus' analysis, Ceres Power Holdings stock appears to be overvalued.
The current stock price of £3.81 is trading 15.7% above its estimated GF Value™ of £3.29.
GuruFocus considers Ceres Power Holdings to be Modestly Overvalued.
Key valuation signals for LSE:CWR:
Cyclically Adjusted PS Ratio: 29.28 (near median its 10-year median of 29.38)
GF Value™: £3.29 vs. price of £3.81 (15.7% above fair value)
Industry Position: 1482.7% above the Industrial Products median (#2280 of 2295)
No single metric tells the full story. See the LSE:CWR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ceres Power Holdings PLC is a primary developer of clean energy technology fuel cells for power generation and electrolysers to produce green hydrogen. Its licensing model enables partners to develop solid oxide technology supporting greater electrification of energy systems, including AI data centres, commercial and industrial applications, and produce green hydrogen at high efficiencies as a route to decarbonise emissions-intensive industries such as ammonia, steelmaking and electrofuels. The majority of revenue comes from Asian country followed by Europe and North America.
50GF Score
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