EQT (LTS:0IDU) Cyclically Adjusted PS Ratio: 2.78 (As of Jul. 30, 2026) — 94% Above Median

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LTS:0IDU EQT Corp LTS:0IDU
64 GF Score
Price $52.53
GF Value $59.31
Valuation Modestly Undervalued
! 3 Warning Signs
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What is EQT Cyclically Adjusted PS Ratio?

EQT LTS:0IDU +1.74% 64 Cyclically Adjusted PS Ratio is 2.78 as of Jul. 30, 2026, which is 94% above its 10-year median of 1.43. GuruFocus rates LTS:0IDU with a GF Score™ of 64/100 and a GF Value™ of $59.31 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 707 Oil & Gas companies, EQT ranks worse than 76.1% on this metric.

As of today (2026-07-30), EQT's current share price is $52.53. EQT's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $18.92. EQT's Cyclically Adjusted PS Ratio for today is 2.78.

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

LTS:0IDU' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 1.43   Max: 3.73
Current: 2.79

During the past years, EQT's highest Cyclically Adjusted PS Ratio was 3.73. The lowest was 0.04. And the median was 1.43.

LTS:0IDU's Cyclically Adjusted PS Ratio is ranked worse than
76.1% of 707 companies
in the Oil & Gas industry
Industry Median: 1.05 vs LTS:0IDU: 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.

EQT's adjusted revenue per share data for the three months ended in Jun. 2026 was $2.806. 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 $18.92 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


EQT  (LTS:0IDU) 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.


EQT Cyclically Adjusted PS Ratio Related Terms


EQT Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for EQT'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.

EQT Cyclically Adjusted PS Ratio Chart

EQT 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 1.40 1.85 2.08 2.56 2.96

EQT 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 3.21 2.99 2.96 3.41 2.82

LTS:0IDU vs TPL, EXE, PR: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas E&P subindustry, EQT'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.


EQT Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, EQT's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


LTS:0IDU
64GF Score
EQT Corp LTS:0IDU
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EQT 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.

EQT's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=52.53/18.92
=2.78

* 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.

EQT's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, EQT'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)
=2.806/333.9520*333.9520
=2.806

Current CPI (Jun. 2026) = 333.9520.

EQT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.681 241.428 3.708
201612 2.173 241.432 3.006
201703 4.342 243.801 5.948
201706 3.701 244.955 5.046
201709 3.592 246.819 4.860
201712 2.960 246.524 4.010
201803 4.717 249.554 6.312
201806 3.789 251.989 5.021
201809 4.057 252.439 5.367
201812 5.599 251.233 7.442
201903 4.996 254.202 6.563
201906 3.537 256.143 4.611
201909 3.022 256.759 3.931
201912 3.332 256.974 4.330
202003 2.809 258.115 3.634
202006 1.959 257.797 2.538
202009 2.345 260.280 3.009
202012 3.048 260.474 3.908
202103 4.084 264.877 5.149
202106 3.888 271.696 4.779
202109 5.024 274.310 6.116
202112 7.471 278.802 8.949
202203 6.678 287.504 7.757
202206 8.280 296.311 9.332
202209 9.153 296.808 10.298
202212 5.199 296.797 5.850
202303 4.662 301.836 5.158
202306 2.360 305.109 2.583
202309 2.422 307.789 2.628
202312 3.065 306.746 3.337
202403 2.935 312.332 3.138
202406 2.003 314.175 2.129
202409 2.175 315.301 2.304
202412 2.929 315.605 3.099
202503 4.012 319.799 4.190
202506 3.048 322.561 3.156
202509 2.901 324.800 2.983
202512 3.617 324.054 3.727
202603 5.748 330.213 5.813
202606 2.806 333.952 2.806

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 2.78 mean?
EQT (LTS:0IDU) has a Cyclically Adjusted PS Ratio of 2.78 as of Jul. 30, 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 EQT and its competitors. This is 94% above median its historical median of 1.43. Over the past decade, EQT's Cyclically Adjusted PS Ratio has ranged from 0.04 to 3.73. According to the industry distribution chart, EQT ranks #538 out of 707 companies in the Oil & Gas industry, placing it in the top 76.1%.
Is EQT's Cyclically Adjusted PS Ratio too high?
EQT's current Cyclically Adjusted PS Ratio of 2.78 is 94% above median its 10-year median of 1.43. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 3.73. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.05. EQT's value of 2.78 is 164.8% above this industry median. Based on the distribution chart, EQT ranks #538 out of 707 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, EQT has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does EQT's Cyclically Adjusted PS Ratio compare to TPL and EXE?
According to the Oil & Gas industry distribution chart, EQT ranks #538 out of 707 companies for Cyclically Adjusted PS Ratio. This places EQT in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.05. EQT's value of 2.78 is 164.8% above this benchmark. Historically, EQT's own Cyclically Adjusted PS Ratio has ranged from 0.04 to 3.73 over the past decade. While the company's 10-year median is 1.43 vs. the industry median of 1.05, EQT 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 Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.05, based on 707 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. EQT's current Cyclically Adjusted PS Ratio of 2.78 is 164.8% 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 EQT and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EQT's current Cyclically Adjusted PS Ratio is 2.78, which is 94% above median its own 10-year median of 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EQT stock overvalued right now?
Based on GuruFocus' analysis, EQT (LTS:0IDU) is currently considered Modestly Undervalued. The stock's GF Value™ is $59.31, compared to a current price of $52.53 — trading 11.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.78, which is 94% above median its 10-year median of 1.43 and 164.8% above the Oil & Gas industry median of 1.05. EQT's overall GF Score™ is 64/100 with 3 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 EQT (LTS:0IDU), the current Cyclically Adjusted PS Ratio is 2.78 as of Jul. 30, 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 EQT (LTS:0IDU) Overvalued in 2026?

Based on GuruFocus' analysis, EQT stock appears to be undervalued. The current stock price of $52.53 is trading 11.4% below its estimated GF Value™ of $59.31. GuruFocus considers EQT to be Modestly Undervalued.

Key valuation signals for LTS:0IDU:

  • Cyclically Adjusted PS Ratio: 2.78 (94% above median its 10-year median of 1.43)
  • GF Value™: $59.31 vs. price of $52.53 (11.4% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 164.8% above the Oil & Gas median (#538 of 707)

No single metric tells the full story. See the LTS:0IDU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


EQT Business Description

Industry EnergyOil & Gas
Address 625 Liberty Avenue, Suite 1700, Pittsburgh, PA, USA, 15222
EQT is an independent natural gas production company. It focuses its operations in the cores of the Marcellus and Utica shales, located in the Appalachian Basin in the Eastern United States. Its main customers include marketers, utilities, and industrial operators in the Appalachian Basin. The company has three reportable segments in production, gathering, and its transmission segment, which is now an operated joint venture with Blackstone. All the firm's operating revenue is generated in the US, with most revenue flowing from the Marcellus Shale field and through the sale of natural gas.
64GF Score

Get the complete analysis for LTS:0IDU

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

$52.53
Price
$59.31
GF Value