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CEZ a.s (WAR:CEZ) Cyclically Adjusted PS Ratio : 1.86 (As of May. 28, 2024)


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What is CEZ a.s Cyclically Adjusted PS Ratio?

As of today (2024-05-28), CEZ a.s's current share price is zł160.00. CEZ a.s's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was zł85.90. CEZ a.s's Cyclically Adjusted PS Ratio for today is 1.86.

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

WAR:CEZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.6   Max: 2.63
Current: 1.9

During the past years, CEZ a.s's highest Cyclically Adjusted PS Ratio was 2.63. The lowest was 0.91. And the median was 1.60.

WAR:CEZ's Cyclically Adjusted PS Ratio is ranked worse than
50.95% of 263 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.87 vs WAR:CEZ: 1.90

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.

CEZ a.s's adjusted revenue per share data for the three months ended in Mar. 2024 was zł27.190. 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 zł85.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CEZ a.s Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CEZ a.s'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.

* Premium members only.

CEZ a.s Cyclically Adjusted PS Ratio Chart

CEZ a.s Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 1.24 1.88 1.69 2.01

CEZ a.s Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.25 1.90 2.04 2.01 1.71

Competitive Comparison of CEZ a.s's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, CEZ a.s'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.


CEZ a.s's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

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

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



CEZ a.s 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.

CEZ a.s's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=160.00/85.9
=1.86

* 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.

CEZ a.s's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CEZ a.s's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=27.19/131.7762*131.7762
=27.190

Current CPI (Mar. 2024) = 131.7762.

CEZ a.s Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 17.618 100.560 23.087
201409 15.521 100.428 20.366
201412 15.822 99.070 21.045
201503 15.620 99.621 20.662
201506 14.684 100.684 19.219
201509 14.313 100.392 18.788
201512 16.717 99.792 22.075
201603 15.467 100.470 20.286
201606 14.174 101.688 18.368
201609 13.693 101.861 17.714
201612 16.674 101.863 21.571
201703 15.136 102.862 19.391
201706 14.530 103.349 18.527
201709 15.190 104.136 19.222
201712 18.585 104.011 23.546
201803 16.171 105.290 20.239
201806 12.580 106.317 15.592
201809 15.129 106.507 18.718
201812 16.626 105.998 20.669
201903 16.457 107.251 20.220
201906 15.186 108.070 18.517
201909 18.494 108.329 22.497
201912 18.025 108.420 21.908
202003 17.052 108.902 20.634
202006 15.110 108.767 18.306
202009 15.631 109.815 18.757
202012 19.406 109.897 23.270
202103 19.351 111.754 22.818
202106 16.767 114.631 19.275
202109 15.743 115.734 17.925
202112 26.290 117.630 29.452
202203 22.810 121.301 24.780
202206 16.771 125.017 17.678
202209 23.465 125.227 24.692
202212 3.541 125.222 3.726
202303 30.620 127.348 31.685
202306 24.725 128.729 25.310
202309 24.281 129.860 24.639
202312 23.397 129.419 23.823
202403 27.190 131.776 27.190

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.


CEZ a.s  (WAR:CEZ) 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.


CEZ a.s Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of CEZ a.s's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


CEZ a.s (WAR:CEZ) Business Description

Address
Duhova 2/1444, Prague 4, CZE, 140 53
CEZ a.s is a Czech energy company of which the government of the Czech Republic is the majority shareholder. Its core business is the generation, distribution, trade, and sale of electricity and heat. With its subsidiaries, the company operates a portfolio of both conventional and renewable energy power plants. Total energy production is mainly split between facilities utilizing thermal and nuclear inputs. CEZ segments comprise Generation; Distribution; Sales and Mining. Most of its revenue gets derived from the Generation segment.

CEZ a.s (WAR:CEZ) Headlines

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