Energa (STU:EN2) Cyclically Adjusted PS Ratio: 0.38 (As of Jul. 22, 2026) — 52% Above Median

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STU:EN2 Energa SA STU:EN2
68 GF Score
Price €4.38
GF Value €2.72
! 6 Warning Signs
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What is Energa Cyclically Adjusted PS Ratio?

Energa STU:EN2 +1.39% 68 Cyclically Adjusted PS Ratio is 0.38 as of Jul. 22, 2026, which is 52% above its 10-year median of 0.25. GuruFocus rates STU:EN2 with a GF Score™ of 68/100 and a GF Value™ of €2.72. The stock has 6 warning signs investors should review. Among 442 Utilities - Regulated companies, Energa ranks better than 82.58% on this metric.

As of today (2026-07-22), Energa's current share price is €4.38. Energa's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €11.40. Energa's Cyclically Adjusted PS Ratio for today is 0.38.

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

STU:EN2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.25   Max: 0.43
Current: 0.38

During the past years, Energa's highest Cyclically Adjusted PS Ratio was 0.43. The lowest was 0.17. And the median was 0.25.

STU:EN2's Cyclically Adjusted PS Ratio is ranked better than
82.58% of 442 companies
in the Utilities - Regulated industry
Industry Median: 1.44 vs STU:EN2: 0.38

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.

Energa's adjusted revenue per share data for the three months ended in Mar. 2026 was €3.447. 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 €11.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Energa  (STU:EN2) 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.


Energa Cyclically Adjusted PS Ratio Related Terms


Energa Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Energa'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.

Energa Cyclically Adjusted PS Ratio Chart

Energa 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 0.24 0.19 0.22 0.30 0.43

Energa 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 0.25 0.25 0.30 0.43 0.37

STU:EN2 vs NEE, SO, DUK: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Electric subindustry, Energa'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.


Energa Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

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


STU:EN2
68GF Score
Energa SA STU:EN2
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Energa 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.38/11.40
=0.38

* 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.

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

For example, Energa'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)
=3.447/163.0700*163.0700
=3.447

Current CPI (Mar. 2026) = 163.0700.

Energa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.281 99.552 2.098
201609 1.337 99.064 2.201
201612 1.537 100.366 2.497
201703 1.483 101.018 2.394
201706 1.361 101.180 2.193
201709 1.344 101.343 2.163
201712 1.542 102.564 2.452
201803 1.446 102.564 2.299
201806 1.312 103.378 2.070
201809 1.383 103.378 2.182
201812 1.498 103.785 2.354
201903 1.626 104.274 2.543
201906 1.636 105.983 2.517
201909 1.653 105.983 2.543
201912 1.701 107.123 2.589
202003 1.800 109.076 2.691
202006 1.558 109.402 2.322
202009 1.649 109.320 2.460
202012 1.833 109.565 2.728
202103 1.884 112.658 2.727
202106 1.767 113.960 2.528
202109 1.804 115.588 2.545
202112 2.076 119.088 2.843
202203 2.703 125.031 3.525
202206 2.517 131.705 3.116
202209 3.011 135.531 3.623
202212 2.967 139.113 3.478
202303 4.063 145.950 4.540
202306 3.277 147.009 3.635
202309 3.331 146.113 3.718
202312 3.611 147.741 3.986
202403 3.423 149.044 3.745
202406 2.929 150.997 3.163
202409 2.801 153.439 2.977
202412 3.242 154.660 3.418
202503 3.249 157.021 3.374
202506 2.722 157.509 2.818
202509 2.741 158.000 2.829
202512 3.177 158.320 3.272
202603 3.447 163.070 3.447

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 0.38 mean?
Energa (STU:EN2) has a Cyclically Adjusted PS Ratio of 0.38 as of Jul. 22, 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 Energa and its competitors. This is 52% above median its historical median of 0.25. Over the past decade, Energa's Cyclically Adjusted PS Ratio has ranged from 0.17 to 0.43. According to the industry distribution chart, Energa ranks #77 out of 442 companies in the Utilities - Regulated industry, placing it in the top 17.4%.
Is Energa's Cyclically Adjusted PS Ratio too high?
Energa's current Cyclically Adjusted PS Ratio of 0.38 is 52% above median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.43. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.44. Energa's value of 0.38 is 73.6% below this industry median. Based on the distribution chart, Energa ranks #77 out of 442 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Energa has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Energa's Cyclically Adjusted PS Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Energa ranks #77 out of 442 companies for Cyclically Adjusted PS Ratio. This places Energa in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.44. Energa's value of 0.38 is 73.6% below this benchmark. Historically, Energa's own Cyclically Adjusted PS Ratio has ranged from 0.17 to 0.43 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 1.44, Energa has consistently been below 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. Energa's current Cyclically Adjusted PS Ratio of 0.38 is 73.6% below 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 Energa 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. Energa's current Cyclically Adjusted PS Ratio is 0.38, which is 52% above median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energa stock overvalued right now?
Energa (STU:EN2) has a current Cyclically Adjusted PS Ratio of 0.38. The stock's GF Value™ is €2.72, compared to a current price of €4.38 — trading 61% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.38, which is 52% above median its 10-year median of 0.25 and 73.6% below the Utilities - Regulated industry median of 1.44. Energa's overall GF Score™ is 68/100 with 6 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 Energa (STU:EN2), the current Cyclically Adjusted PS Ratio is 0.38 as of Jul. 22, 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 Energa (STU:EN2) Overvalued in 2026?

Based on GuruFocus' analysis, Energa stock appears to be overvalued. The current stock price of €4.38 is trading 61% above its estimated GF Value™ of €2.72.

Key valuation signals for STU:EN2:

  • Cyclically Adjusted PS Ratio: 0.38 (52% above median its 10-year median of 0.25)
  • GF Value™: €2.72 vs. price of €4.38 (61% above fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 73.6% below the Utilities - Regulated median (#77 of 442)

No single metric tells the full story. See the STU:EN2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Energa Business Description

Other Exchanges ENG:Poland
Address Al. Grunwaldzka 472, Gdansk, POL, 80-309
Energa SA is a Polish electric utility company of which the State Treasury of Poland is the majority shareholder. Energa SA is involved in the distribution, generation, and sale of electrical energy. The company segments its activities into Electricity Distribution, Generation, and Sales units. The Distribution division operates an electricity transmission system in Northern and Central Poland, where it is the sole distributor. Energa's Generation business controls a portfolio of coal, hydro, biomass, and wind power plants throughout the country. Coal-fired facilities account for a majority of the company's energy production. The majority of Energa's earnings are derived from the business of distributing electricity.
68GF Score

Get the complete analysis for STU:EN2

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

€4.38
Price
€2.72
GF Value