NEE (NextEra Energy) Cyclically Adjusted PS Ratio: (As of Sep. 20, 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.

NEE NextEra Energy Inc NEE
86 GF Score
Price $80.47
GF Value $83.21
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is NextEra Energy Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


NextEra Energy  (NYSE:NEE) 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 9.28 7.61 5.36 6.19 6.71

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 5.93 6.39 6.79 7.65 7.12

NEE 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.


NEE
86GF Score
NextEra Energy Inc NEE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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)
=3.355/333.9520*333.9520
=3.355

Current CPI (Jun. 2026) = 333.9520.

NextEra Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.330 241.428 3.223
201612 2.019 241.432 2.793
201703 1.843 243.801 2.524
201706 2.190 244.955 2.986
201709 2.392 246.819 3.236
201712 2.233 246.524 3.025
201803 1.947 249.554 2.605
201806 2.092 251.989 2.772
201809 2.223 252.439 2.941
201812 2.024 251.233 2.690
201903 2.016 254.202 2.648
201906 2.167 256.143 2.825
201909 2.690 256.759 3.499
201912 2.134 256.974 2.773
202003 1.822 258.115 2.357
202006 2.213 257.797 2.867
202009 2.671 260.280 3.427
202012 2.058 260.474 2.639
202103 2.202 264.877 2.776
202106 2.732 271.696 3.358
202109 3.446 274.310 4.195
202112 2.401 278.802 2.876
202203 3.468 287.504 4.028
202206 3.622 296.311 4.082
202209 3.808 296.808 4.285
202212 2.559 296.797 2.879
202303 2.177 301.836 2.409
202306 2.721 305.109 2.978
202309 3.657 307.789 3.968
202312 0.926 306.746 1.008
202403 2.760 312.332 2.951
202406 2.971 314.175 3.158
202409 3.200 315.301 3.389
202412 2.921 315.605 3.091
202503 2.903 319.799 3.031
202506 3.157 322.561 3.268
202509 3.497 324.800 3.596
202512 3.254 324.054 3.353
202603 3.355 330.213 3.393
202606 3.355 333.952 3.355

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 (NEE) Overvalued in 2026?

Based on GuruFocus' analysis, NextEra Energy stock appears to be undervalued. The current stock price of $80.47 is trading 3.3% below its estimated GF Value™ of $83.21. GuruFocus considers NextEra Energy to be Fairly Valued.

Key valuation signals for NEE:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $83.21 vs. price of $80.47 (3.3% below fair value)
  • GF Score™: 86/100 with 7 warning signs

No single metric tells the full story. See the NEE 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.
86GF Score

Get the complete analysis for NEE

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

$80.47
Price
$83.21
GF Value