FirstEnergy (MIL:1FEU) Cyclically Adjusted PS Ratio: 1.75 (As of Jul. 25, 2026) — 46% Above Median

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MIL:1FEU FirstEnergy Corp MIL:1FEU
44 GF Score
Price €40.42
GF Value €40.35
Valuation Fairly Valued
! 9 Warning Signs
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What is FirstEnergy Cyclically Adjusted PS Ratio?

FirstEnergy MIL:1FEU 44 Cyclically Adjusted PS Ratio is 1.75 as of Jul. 25, 2026, which is 46% above its 10-year median of 1.20. GuruFocus rates MIL:1FEU with a GF Score™ of 44/100 and a GF Value™ of €40.35 (Fairly Valued). The stock has 9 warning signs investors should review. Among 442 Utilities - Regulated companies, FirstEnergy ranks worse than 60.63% on this metric.

As of today (2026-07-25), FirstEnergy's current share price is €40.42. FirstEnergy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €23.15. FirstEnergy's Cyclically Adjusted PS Ratio for today is 1.75.

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

MIL:1FEU' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.2   Max: 1.91
Current: 1.86

During the past years, FirstEnergy's highest Cyclically Adjusted PS Ratio was 1.91. The lowest was 0.69. And the median was 1.20.

MIL:1FEU's Cyclically Adjusted PS Ratio is ranked worse than
60.63% of 442 companies
in the Utilities - Regulated industry
Industry Median: 1.44 vs MIL:1FEU: 1.86

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.

FirstEnergy's adjusted revenue per share data for the three months ended in Mar. 2026 was €6.267. 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 €23.15 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


FirstEnergy  (MIL:1FEU) 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.


FirstEnergy Cyclically Adjusted PS Ratio Related Terms


FirstEnergy Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for FirstEnergy'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.

FirstEnergy Cyclically Adjusted PS Ratio Chart

FirstEnergy 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 1.31 1.34 1.22 1.40 1.66

FirstEnergy 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 1.44 1.44 1.67 1.66 1.88

MIL:1FEU vs PPL, ES, EIX: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Electric subindustry, FirstEnergy'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.


FirstEnergy Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

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


MIL:1FEU
44GF Score
FirstEnergy Corp MIL:1FEU
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FirstEnergy 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=40.42/23.15
=1.75

* 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.

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

For example, FirstEnergy'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)
=6.267/330.2130*330.2130
=6.267

Current CPI (Mar. 2026) = 330.2130.

FirstEnergy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 7.122 241.018 9.758
201609 8.173 241.428 11.179
201612 -1.076 241.432 -1.472
201703 6.012 243.801 8.143
201706 5.248 244.955 7.075
201709 5.474 246.819 7.324
201712 5.102 246.524 6.834
201803 4.856 249.554 6.426
201806 4.691 251.989 6.147
201809 5.200 252.439 6.802
201812 4.625 251.233 6.079
201903 4.787 254.202 6.218
201906 4.178 256.143 5.386
201909 4.964 256.759 6.384
201912 4.414 256.974 5.672
202003 4.515 258.115 5.776
202006 4.124 257.797 5.282
202009 4.725 260.280 5.995
202012 3.841 260.474 4.869
202103 4.209 264.877 5.247
202106 3.993 271.696 4.853
202109 4.872 274.310 5.865
202112 4.288 278.802 5.079
202203 4.753 287.504 5.459
202206 4.661 296.311 5.194
202209 6.136 296.808 6.827
202212 5.243 296.797 5.833
202303 5.267 301.836 5.762
202306 4.834 305.109 5.232
202309 5.692 307.789 6.107
202312 5.026 306.746 5.411
202403 5.250 312.332 5.551
202406 5.290 314.175 5.560
202409 5.823 315.301 6.098
202412 5.229 315.605 5.471
202503 6.025 319.799 6.221
202506 5.070 322.561 5.190
202509 6.114 324.800 6.216
202512 5.610 324.054 5.717
202603 6.267 330.213 6.267

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 1.75 mean?
FirstEnergy (MIL:1FEU) has a Cyclically Adjusted PS Ratio of 1.75 as of Jul. 25, 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 FirstEnergy and its competitors. This is 46% above median its historical median of 1.20. Over the past decade, FirstEnergy's Cyclically Adjusted PS Ratio has ranged from 0.69 to 1.91. According to the industry distribution chart, FirstEnergy ranks #268 out of 442 companies in the Utilities - Regulated industry, placing it in the top 60.6%.
Is FirstEnergy's Cyclically Adjusted PS Ratio too high?
FirstEnergy's current Cyclically Adjusted PS Ratio of 1.75 is 46% above median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 1.91. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.44. FirstEnergy's value of 1.75 is 21.5% above this industry median. Based on the distribution chart, FirstEnergy ranks #268 out of 442 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, FirstEnergy has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FirstEnergy's Cyclically Adjusted PS Ratio compare to PPL and ES?
According to the Utilities - Regulated industry distribution chart, FirstEnergy ranks #268 out of 442 companies for Cyclically Adjusted PS Ratio. This places FirstEnergy in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.44. FirstEnergy's value of 1.75 is 21.5% above this benchmark. Historically, FirstEnergy's own Cyclically Adjusted PS Ratio has ranged from 0.69 to 1.91 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 1.44, FirstEnergy 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 1.44, based on 442 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. FirstEnergy's current Cyclically Adjusted PS Ratio of 1.75 is 21.5% 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 FirstEnergy and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FirstEnergy's current Cyclically Adjusted PS Ratio is 1.75, which is 46% above median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FirstEnergy stock overvalued right now?
Based on GuruFocus' analysis, FirstEnergy (MIL:1FEU) is currently considered Fairly Valued. The stock's GF Value™ is €40.35, compared to a current price of €40.42 — trading 0.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.75, which is 46% above median its 10-year median of 1.20 and 21.5% above the Utilities - Regulated industry median of 1.44. FirstEnergy's overall GF Score™ is 44/100 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 FirstEnergy (MIL:1FEU), the current Cyclically Adjusted PS Ratio is 1.75 as of Jul. 25, 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 FirstEnergy (MIL:1FEU) Overvalued in 2026?

Based on GuruFocus' analysis, FirstEnergy stock appears to be overvalued. The current stock price of €40.42 is trading 0.2% above its estimated GF Value™ of €40.35. GuruFocus considers FirstEnergy to be Fairly Valued.

Key valuation signals for MIL:1FEU:

  • Cyclically Adjusted PS Ratio: 1.75 (46% above median its 10-year median of 1.20)
  • GF Value™: €40.35 vs. price of €40.42 (0.2% above fair value)
  • GF Score™: 44/100 with 9 warning signs
  • Industry Position: 21.5% above the Utilities - Regulated median (#268 of 442)

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


FirstEnergy Business Description

Address 341 White Pond Drive, Akron, OH, USA, 44320
FirstEnergy is an investor-owned holding company with operations across five mid-Atlantic and Midwestern states. FirstEnergy also owns and operates one of the nation's largest electric transmission systems.
44GF Score

Get the complete analysis for MIL:1FEU

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

€40.42
Price
€40.35
GF Value