NextEra Energy (MIL:1NEE) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:1NEE NextEra Energy Inc MIL:1NEE
58 GF Score
Price €69.79
GF Value €79.87
Valuation Modestly Undervalued
! 7 Warning Signs
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What is NextEra Energy Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


NextEra Energy  (MIL:1NEE) 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.


NextEra Energy Cyclically Adjusted PS Ratio Related Terms


NextEra Energy Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for NextEra 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.

NextEra Energy Cyclically Adjusted PS Ratio Chart

NextEra 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 - - - 6.60 6.38

NextEra Energy 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 5.49 6.05 6.47 7.32 7.00

MIL:1NEE vs SO, DUK, AEP: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Electric subindustry, NextEra 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.


NextEra Energy Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

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


MIL:1NEE
58GF Score
NextEra Energy Inc MIL:1NEE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NextEra 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.

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

For example, NextEra Energy'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)
=2.886/333.9520*333.9520
=2.886

Current CPI (Jun. 2026) = 333.9520.

NextEra Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.088 241.428 2.888
201612 1.873 241.432 2.591
201703 1.729 243.801 2.368
201706 1.990 244.955 2.713
201709 2.038 246.819 2.757
201712 1.897 246.524 2.570
201803 1.584 249.554 2.120
201806 1.756 251.989 2.327
201809 1.911 252.439 2.528
201812 1.774 251.233 2.358
201903 1.775 254.202 2.332
201906 1.929 256.143 2.515
201909 2.419 256.759 3.146
201912 1.927 256.974 2.504
202003 1.654 258.115 2.140
202006 2.009 257.797 2.602
202009 2.287 260.280 2.934
202012 1.726 260.474 2.213
202103 1.828 264.877 2.305
202106 2.268 271.696 2.788
202109 2.923 274.310 3.559
202112 2.100 278.802 2.515
202203 3.092 287.504 3.592
202206 3.399 296.311 3.831
202209 3.781 296.808 4.254
202212 2.511 296.797 2.825
202303 2.029 301.836 2.245
202306 2.500 305.109 2.736
202309 3.362 307.789 3.648
202312 0.862 306.746 0.938
202403 2.543 312.332 2.719
202406 2.759 314.175 2.933
202409 2.913 315.301 3.085
202412 2.739 315.605 2.898
202503 2.759 319.799 2.881
202506 2.785 322.561 2.883
202509 2.992 324.800 3.076
202512 2.795 324.054 2.880
202603 2.867 330.213 2.899
202606 2.886 333.952 2.886

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 NextEra Energy (MIL:1NEE) Overvalued in 2026?

Based on GuruFocus' analysis, NextEra Energy stock appears to be undervalued. The current stock price of €69.79 is trading 12.6% below its estimated GF Value™ of €79.87. GuruFocus considers NextEra Energy to be Modestly Undervalued.

Key valuation signals for MIL:1NEE:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €79.87 vs. price of €69.79 (12.6% below fair value)
  • GF Score™: 58/100 with 7 warning signs

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


NextEra Energy Business Description

Address 700 Universe Boulevard, Juno Beach, FL, USA, 33408
NextEra Energy's regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to over 6 million customer accounts in Florida and owns 36 gigawatts of generation. FP&L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with nearly 40 GW of generation capacity, including natural gas, nuclear, wind, and solar.
58GF Score

Get the complete analysis for MIL:1NEE

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

€69.79
Price
€79.87
GF Value