Dominion Energy (MIL:1D) Cyclically Adjusted PS Ratio: 3.36 (As of Jul. 16, 2026) — 10% Above Median

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.

MIL:1D Dominion Energy Inc MIL:1D
49 GF Score
Price €60.06
GF Value €53.92
Valuation Modestly Overvalued
! 10 Warning Signs
View Full Analysis

What is Dominion Energy Cyclically Adjusted PS Ratio?

Dominion Energy MIL:1D 49 Cyclically Adjusted PS Ratio is 3.36 as of Jul. 16, 2026, which is 10% above its 10-year median of 3.06. GuruFocus rates MIL:1D with a GF Score™ of 49/100 and a GF Value™ of €53.92 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 441 Utilities - Regulated companies, Dominion Energy ranks worse than 80.73% on this metric.

As of today (2026-07-16), Dominion Energy's current share price is €60.06. Dominion Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €17.89. Dominion Energy's Cyclically Adjusted PS Ratio for today is 3.36.

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

MIL:1D' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.8   Med: 3.06   Max: 3.94
Current: 3.29

During the past years, Dominion Energy's highest Cyclically Adjusted PS Ratio was 3.94. The lowest was 1.80. And the median was 3.06.

MIL:1D's Cyclically Adjusted PS Ratio is ranked worse than
80.73% of 441 companies
in the Utilities - Regulated industry
Industry Median: 1.41 vs MIL:1D: 3.29

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.

Dominion Energy's adjusted revenue per share data for the three months ended in Mar. 2026 was €4.933. 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 €17.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dominion Energy  (MIL:1D) 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.


Dominion Energy Cyclically Adjusted PS Ratio Related Terms


Dominion Energy Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Dominion Energy'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.

Dominion Energy Cyclically Adjusted PS Ratio Chart

Dominion Energy 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 3.58 2.74 2.15 2.51 2.76

Dominion Energy 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 2.62 2.64 2.86 2.76 2.87

MIL:1D vs ETR, XEL, EXC: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Electric subindustry, Dominion Energy'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.


Dominion Energy Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

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


MIL:1D
49GF Score
Dominion Energy Inc MIL:1D
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dominion Energy 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.

Dominion Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=60.06/17.89
=3.36

* 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.

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

For example, Dominion Energy'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)
=4.933/330.2130*330.2130
=4.933

Current CPI (Mar. 2026) = 330.2130.

Dominion Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.748 241.018 5.135
201609 4.458 241.428 6.097
201612 4.664 241.432 6.379
201703 5.037 243.801 6.822
201706 3.979 244.955 5.364
201709 4.151 246.819 5.554
201712 4.213 246.524 5.643
201803 4.321 249.554 5.718
201806 4.047 251.989 5.303
201809 4.516 252.439 5.907
201812 1.587 251.233 2.086
201903 4.305 254.202 5.592
201906 4.378 256.143 5.644
201909 4.224 256.759 5.432
201912 4.239 256.974 5.447
202003 4.252 258.115 5.440
202006 3.286 257.797 4.209
202009 3.673 260.280 4.660
202012 3.561 260.474 4.514
202103 4.034 264.877 5.029
202106 3.126 271.696 3.799
202109 3.333 274.310 4.012
202112 1.456 278.802 1.724
202203 4.670 287.504 5.364
202206 4.157 296.311 4.633
202209 4.804 296.808 5.345
202212 4.304 296.797 4.789
202303 4.341 301.836 4.749
202306 3.495 305.109 3.783
202309 4.266 307.789 4.577
202312 3.869 306.746 4.165
202403 3.989 312.332 4.217
202406 3.863 314.175 4.060
202409 4.231 315.301 4.431
202412 3.854 315.605 4.032
202503 4.424 319.799 4.568
202506 3.872 322.561 3.964
202509 4.509 324.800 4.584
202512 4.063 324.054 4.140
202603 4.933 330.213 4.933

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 3.36 mean?
Dominion Energy (MIL:1D) has a Cyclically Adjusted PS Ratio of 3.36 as of Jul. 16, 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 Dominion Energy and its competitors. This is 10% above median its historical median of 3.06. Over the past decade, Dominion Energy's Cyclically Adjusted PS Ratio has ranged from 1.80 to 3.94. According to the industry distribution chart, Dominion Energy ranks #356 out of 441 companies in the Utilities - Regulated industry, placing it in the top 80.7%.
Is Dominion Energy's Cyclically Adjusted PS Ratio too high?
Dominion Energy's current Cyclically Adjusted PS Ratio of 3.36 is 10% above median its 10-year median of 3.06. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 3.94. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.41. Dominion Energy's value of 3.36 is 138.3% above this industry median. Based on the distribution chart, Dominion Energy ranks #356 out of 441 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Dominion Energy has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dominion Energy's Cyclically Adjusted PS Ratio compare to ETR and XEL?
According to the Utilities - Regulated industry distribution chart, Dominion Energy ranks #356 out of 441 companies for Cyclically Adjusted PS Ratio. This places Dominion Energy in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.41. Dominion Energy's value of 3.36 is 138.3% above this benchmark. Historically, Dominion Energy's own Cyclically Adjusted PS Ratio has ranged from 1.80 to 3.94 over the past decade. While the company's 10-year median is 3.06 vs. the industry median of 1.41, Dominion Energy 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 Utilities - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.41, based on 441 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. Dominion Energy's current Cyclically Adjusted PS Ratio of 3.36 is 138.3% 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 Dominion Energy and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dominion Energy's current Cyclically Adjusted PS Ratio is 3.36, which is 10% above median its own 10-year median of 3.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dominion Energy stock overvalued right now?
Based on GuruFocus' analysis, Dominion Energy (MIL:1D) is currently considered Modestly Overvalued. The stock's GF Value™ is €53.92, compared to a current price of €60.06 — trading 11.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.36, which is 10% above median its 10-year median of 3.06 and 138.3% above the Utilities - Regulated industry median of 1.41. Dominion Energy's overall GF Score™ is 49/100 with 10 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 Dominion Energy (MIL:1D), the current Cyclically Adjusted PS Ratio is 3.36 as of Jul. 16, 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 Dominion Energy (MIL:1D) Overvalued in 2026?

Based on GuruFocus' analysis, Dominion Energy stock appears to be overvalued. The current stock price of €60.06 is trading 11.4% above its estimated GF Value™ of €53.92. GuruFocus considers Dominion Energy to be Modestly Overvalued.

Key valuation signals for MIL:1D:

  • Cyclically Adjusted PS Ratio: 3.36 (10% above median its 10-year median of 3.06)
  • GF Value™: €53.92 vs. price of €60.06 (11.4% above fair value)
  • GF Score™: 49/100 with 10 warning signs
  • Industry Position: 138.3% above the Utilities - Regulated median (#356 of 441)

No single metric tells the full story. See the MIL:1D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dominion Energy Business Description

Address 600 East Canal Street, Richmond, VA, USA, 23219
Based in Richmond, Virginia, Dominion Energy is an integrated energy company with over 31 gigawatts of electric generation capacity and more than 91,000 miles of electric transmission and distribution lines. Dominion is constructing a rate-regulated 5.2 GW wind farm off the Virginia Beach coast.
49GF Score

Get the complete analysis for MIL:1D

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

€60.06
Price
€53.92
GF Value