Enel SpA (LTS:0NRE) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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LTS:0NRE Enel SpA LTS:0NRE
63 GF Score
Price €8.91
GF Value €7.56
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Enel SpA Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Enel SpA  (LTS:0NRE) 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.


Enel SpA Cyclically Adjusted PS Ratio Related Terms


Enel SpA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Enel 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.

Enel SpA Cyclically Adjusted PS Ratio Chart

Enel 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 0.87 0.54 0.72 0.74 0.97

Enel 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 0.87 0.86 0.95 1.00 1.06

LTS:0NRE vs SRE: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Diversified subindustry, Enel 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.


Enel SpA Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

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


LTS:0NRE
63GF Score
Enel SpA LTS:0NRE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Enel 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.

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

For example, Enel 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)
=2.074/126.4000*126.4000
=2.074

Current CPI (Jun. 2026) = 126.4000.

Enel SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.685 100.100 2.128
201612 1.877 100.300 2.365
201703 1.890 101.000 2.365
201706 1.665 101.100 2.082
201709 1.758 101.200 2.196
201712 2.009 101.200 2.509
201803 1.864 101.800 2.314
201806 1.680 102.400 2.074
201809 1.891 102.600 2.330
201812 1.760 102.300 2.175
201903 2.239 102.800 2.753
201906 1.792 103.100 2.197
201909 1.807 102.900 2.220
201912 1.992 102.800 2.449
202003 1.967 102.900 2.416
202006 1.317 102.900 1.618
202009 1.444 102.300 1.784
202012 1.624 102.600 2.001
202103 1.819 103.700 2.217
202106 1.752 104.200 2.125
202109 2.214 104.900 2.668
202112 2.650 106.600 3.142
202203 3.360 110.400 3.847
202206 3.099 112.500 3.482
202209 3.926 114.200 4.345
202212 3.445 119.000 3.659
202303 2.600 118.800 2.766
202306 2.036 119.700 2.150
202309 2.208 120.300 2.320
202312 2.563 119.700 2.706
202403 1.913 120.200 2.012
202406 1.900 120.700 1.990
202409 1.860 121.200 1.940
202412 2.104 121.200 2.194
202503 2.174 122.500 2.243
202506 1.846 122.700 1.902
202509 1.859 123.100 1.909
202512 2.059 122.600 2.123
202603 2.100 124.560 2.131
202606 2.074 126.400 2.074

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.

Is Enel SpA (LTS:0NRE) Overvalued in 2026?

Based on GuruFocus' analysis, Enel SpA stock appears to be overvalued. The current stock price of €8.91 is trading 17.9% above its estimated GF Value™ of €7.56. GuruFocus considers Enel SpA to be Modestly Overvalued.

Key valuation signals for LTS:0NRE:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €7.56 vs. price of €8.91 (17.9% above fair value)
  • GF Score™: 63/100 with 6 warning signs

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


Enel SpA Business Description

Address Viale Regina Margherita, 137, Rome, ITA, 00198
Enel is a diversified energy company domiciled in Italy. Operations are concentrated in Italy, Spain, and Latin America. The firm's primary activities are electric generation, electric networks, and gas and electricity marketing. Around 35% of the company's EBITDA is derived from its regulated networks, the rest is from generation and supply. Enel is a giant in global power generation with 81 gigawatts of capacity, of which 56 GW is renewables, including a large share of hydro.
63GF Score

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

€8.91
Price
€7.56
GF Value