Essential Utilities (MEX:WTRG) Cyclically Adjusted PS Ratio: (As of Sep. 10, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Essential Utilities Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Essential Utilities  (MEX:WTRG) 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.


Essential Utilities Cyclically Adjusted PS Ratio Related Terms


Essential Utilities Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Essential Utilities'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.

Essential Utilities Cyclically Adjusted PS Ratio Chart

Essential Utilities 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 9.81 7.76 5.69 5.24 5.20

Essential Utilities 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 5.12 5.46 5.20 5.25 4.92

MEX:WTRG vs AWR, CWT, HTO: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Water subindustry, Essential Utilities'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.


Essential Utilities Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

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



Essential Utilities 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.

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

For example, Essential Utilities'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)
=32.606/333.9520*333.9520
=32.606

Current CPI (Jun. 2026) = 333.9520.

Essential Utilities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 24.639 241.428 34.082
201612 22.789 241.432 31.522
201703 19.868 243.801 27.215
201706 20.652 244.955 28.155
201709 21.906 246.819 29.639
201712 22.383 246.524 30.321
201803 19.810 249.554 26.510
201806 23.352 251.989 30.948
201809 23.716 252.439 31.374
201812 22.625 251.233 30.074
201903 21.851 254.202 28.706
201906 19.130 256.143 24.941
201909 20.690 256.759 26.910
201912 18.319 256.974 23.807
202003 23.497 258.115 30.401
202006 34.879 257.797 45.182
202009 30.185 260.280 38.729
202012 37.058 260.474 47.512
202103 46.785 264.877 58.986
202106 30.940 271.696 38.030
202109 28.680 274.310 34.916
202112 41.874 278.802 50.157
202203 53.055 287.504 61.626
202206 34.385 296.311 38.753
202209 33.272 296.808 37.436
202212 52.181 296.797 58.713
202303 49.459 301.836 54.722
202306 28.271 305.109 30.944
202309 26.812 307.789 29.091
202312 29.746 306.746 32.384
202403 37.109 312.332 39.678
202406 29.050 314.175 30.879
202409 31.217 315.301 33.064
202412 45.785 315.605 48.447
202503 58.151 319.799 60.725
202506 34.537 322.561 35.757
202509 30.994 324.800 31.867
202512 44.356 324.054 45.711
202603 54.788 330.213 55.408
202606 32.606 333.952 32.606

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.


Essential Utilities Business Description

Other Exchanges WTRG:USAA2A:Germany
Address 762 West Lancaster Avenue, Bryn Mawr, PA, USA, 19010-3489
Essential Utilities is a Pennsylvania-based holding company for US water, wastewater, and natural gas distribution utilities. The company's water business serves 3 million people in eight states. Its largest service territory is in Pennsylvania, primarily suburban Philadelphia. Its Peoples subsidiary serves more than 740,000 gas distribution customers in Pennsylvania and Kentucky. It completed the sale of its West Virginia gas utility and the bulk of its nonregulated assets in 2024. Essential shareholders would own a 31% stake in American Water Works if the proposed all-stock merger closes in 2027.