Eni SpA (MEX:E N) Cyclically Adjusted PS Ratio: 0.96 (As of Jul. 26, 2026) — 78% Above Median

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MEX:E N Eni SpA MEX:E N
54 GF Score
Price MXN981.59
GF Value MXN632.73
! 9 Warning Signs
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What is Eni SpA Cyclically Adjusted PS Ratio?

Eni SpA MEX:E N 54 Cyclically Adjusted PS Ratio is 0.96 as of Jul. 26, 2026, which is 78% above its 10-year median of 0.54. GuruFocus rates MEX:E N with a GF Score™ of 54/100 and a GF Value™ of MXN632.73. The stock has 9 warning signs investors should review. Among 708 Oil & Gas companies, Eni SpA ranks better than 55.23% on this metric.

As of today (2026-07-26), Eni SpA's current share price is MXN981.59. Eni SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN1,025.83. Eni SpA's Cyclically Adjusted PS Ratio for today is 0.96.

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

MEX:E N' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.54   Max: 0.95
Current: 0.88

During the past years, Eni SpA's highest Cyclically Adjusted PS Ratio was 0.95. The lowest was 0.25. And the median was 0.54.

MEX:E N's Cyclically Adjusted PS Ratio is ranked better than
55.23% of 708 companies
in the Oil & Gas industry
Industry Median: 1.055 vs MEX:E N: 0.88

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.

Eni SpA's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN273.573. 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 MXN1,025.83 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eni SpA  (MEX:E N) 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.


Eni SpA Cyclically Adjusted PS Ratio Related Terms


Eni SpA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Eni 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.

Eni SpA Cyclically Adjusted PS Ratio Chart

Eni 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 0.52 0.52 0.60 0.53 0.64

Eni 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 0.57 0.55 0.59 0.64 0.96

MEX:E N vs XOM, CVX: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Integrated subindustry, Eni 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.


Eni SpA Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


MEX:E N
54GF Score
Eni SpA MEX:E N
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Eni 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=981.59/1025.83
=0.96

* 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.

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

For example, Eni 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)
=273.573/124.5600*124.5600
=273.573

Current CPI (Mar. 2026) = 124.5600.

Eni SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 150.013 99.900 187.043
201609 163.042 100.100 202.882
201612 181.995 100.300 226.015
201703 203.370 101.000 250.810
201706 174.531 101.100 215.030
201709 197.240 101.200 242.769
201712 227.098 101.200 279.519
201803 220.809 101.800 270.177
201806 232.801 102.400 283.181
201809 238.622 102.600 289.695
201812 247.022 102.300 300.773
201903 225.518 102.800 273.254
201906 222.146 103.100 268.385
201909 201.927 102.900 244.432
201912 189.866 102.800 230.056
202003 201.097 102.900 243.427
202006 118.700 102.900 143.686
202009 150.295 102.300 182.998
202012 157.383 102.600 191.068
202103 197.097 103.700 236.744
202106 218.442 104.200 261.124
202109 257.386 104.900 305.624
202112 348.897 106.600 407.679
202203 397.214 110.400 448.161
202206 378.661 112.500 419.253
202209 425.292 114.200 463.874
202212 385.419 119.000 403.427
202303 313.056 118.800 328.234
202306 217.615 119.700 226.450
202309 251.462 120.300 260.367
202312 275.728 119.700 286.923
202403 253.478 120.200 262.672
202406 263.167 120.700 271.583
202409 280.138 121.200 287.904
202412 322.594 121.200 331.537
202503 266.847 122.500 271.334
202506 313.727 122.700 318.483
202509 283.042 123.100 286.399
202512 285.808 122.600 290.377
202603 273.573 124.560 273.573

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 0.96 mean?
Eni SpA (MEX:E N) has a Cyclically Adjusted PS Ratio of 0.96 as of Jul. 26, 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 Eni SpA and its competitors. This is 78% above median its historical median of 0.54. Over the past decade, Eni SpA's Cyclically Adjusted PS Ratio has ranged from 0.25 to 0.95. According to the industry distribution chart, Eni SpA ranks #317 out of 708 companies in the Oil & Gas industry, placing it in the top 44.8%.
Is Eni SpA's Cyclically Adjusted PS Ratio too high?
Eni SpA's current Cyclically Adjusted PS Ratio of 0.96 is 78% above median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.95. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.06. Eni SpA's value of 0.96 is 9% below this industry median. Based on the distribution chart, Eni SpA ranks #317 out of 708 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Eni SpA has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Eni SpA's Cyclically Adjusted PS Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Eni SpA ranks #317 out of 708 companies for Cyclically Adjusted PS Ratio. This puts Eni SpA in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.06. Eni SpA's value of 0.96 is 9% below this benchmark. Historically, Eni SpA's own Cyclically Adjusted PS Ratio has ranged from 0.25 to 0.95 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 1.06, Eni 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 Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.06, based on 708 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. Eni SpA's current Cyclically Adjusted PS Ratio of 0.96 is 9% 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 Eni SpA and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eni SpA's current Cyclically Adjusted PS Ratio is 0.96, which is 78% above median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eni SpA stock overvalued right now?
Eni SpA (MEX:E N) has a current Cyclically Adjusted PS Ratio of 0.96. The stock's GF Value™ is MXN632.73, compared to a current price of MXN981.59 — trading 55.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.96, which is 78% above median its 10-year median of 0.54 and 9% below the Oil & Gas industry median of 1.06. Eni SpA's overall GF Score™ is 54/100 with 9 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 Eni SpA (MEX:E N), the current Cyclically Adjusted PS Ratio is 0.96 as of Jul. 26, 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 Eni SpA (MEX:E N) Overvalued in 2026?

Based on GuruFocus' analysis, Eni SpA stock appears to be overvalued. The current stock price of MXN981.59 is trading 55.1% above its estimated GF Value™ of MXN632.73.

Key valuation signals for MEX:E N:

  • Cyclically Adjusted PS Ratio: 0.96 (78% above median its 10-year median of 0.54)
  • GF Value™: MXN632.73 vs. price of MXN981.59 (55.1% above fair value)
  • GF Score™: 54/100 with 9 warning signs
  • Industry Position: 9% below the Oil & Gas median (#317 of 708)

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


Eni SpA Business Description

Industry EnergyOil & Gas
Address 1, Piazzale Enrico Mattei, Rome, ITA, 00144
Eni is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2025, the company produced 0.8 million barrels of liquids and 4.6 billion cubic feet of natural gas per day. At year-end 2025, Eni held reserves of 6.9 billion barrels of oil equivalent, 44% of which are liquids. The Italian government owns a 33.1% stake in the company. Plentitude, Eni's renewable and low-carbon business, has 5.8 gigawatts of renewable power capacity, serves 10 million electricity customers, and operates 23,000 electric vehicle charging points.
54GF Score

Get the complete analysis for MEX:E N

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

MXN981.59
Price
MXN632.73
GF Value