Drax Group (STU:D9F2) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

STU:D9F2 Drax Group PLC STU:D9F2
62 GF Score
Price €9.57
GF Value €6.58
! 3 Warning Signs
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What is Drax Group Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Drax Group  (STU:D9F2) 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.


Drax Group Cyclically Adjusted PS Ratio Related Terms


Drax Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Drax Group'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.

Drax Group Cyclically Adjusted PS Ratio Chart

Drax Group 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 0.65 0.58 0.36 0.45 0.53

Drax Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.35 0.45 0.46 0.53 0.48

Drax Group Cyclically Adjusted PS Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Drax Group'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.


Drax Group Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Drax Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


STU:D9F2
62GF Score
Drax Group PLC STU:D9F2
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Drax Group 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.

Drax Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Drax Group's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=17.309/139.9000*139.9000
=17.309

Current CPI (Dec25) = 139.9000.

Drax Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 8.791 102.200 12.034
201712 10.343 105.000 13.781
201812 11.770 107.100 15.375
201912 12.784 108.500 16.484
202012 12.006 109.400 15.353
202112 14.591 114.700 17.797
202212 23.076 125.300 25.765
202312 21.251 130.500 22.782
202412 18.382 135.100 19.035
202512 17.309 139.900 17.309

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 Drax Group (STU:D9F2) Overvalued in 2026?

Based on GuruFocus' analysis, Drax Group stock appears to be overvalued. The current stock price of €9.57 is trading 45.4% above its estimated GF Value™ of €6.58.

Key valuation signals for STU:D9F2:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €6.58 vs. price of €9.57 (45.4% above fair value)
  • GF Score™: 62/100 with 3 warning signs

No single metric tells the full story. See the STU:D9F2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Drax Group Business Description

Address Drax Power Station, Selby, North Yorkshire, GBR, YO8 8PH
Drax Group PLC is a UK-based renewable energy company engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. It operates a generation portfolio of sustainable biomass, hydro-electric, and pumped hydro storage assets across four sites in England and Scotland. The company also operates a bioenergy supply business with manufacturing facilities in the United States and Canada, producing compressed wood pellets for its own use and for customers in Europe and Asia. Its segments include Pellet Production, Generation, and Customers. The majority of its revenue is generated from the Customers segment which sells renewable electricity to industrial and commercial customers in the United Kingdom.
62GF Score

Get the complete analysis for STU:D9F2

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

€9.57
Price
€6.58
GF Value