WATT (Energous) Cyclically Adjusted PS Ratio: 1.20 (As of Jul. 09, 2026) — Near Median


WATT Energous Corp WATT
48 GF Score
Price $19.00
GF Value $29.73
Valuation Possible Value Trap
! 1 Warning Sign
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What is Energous Cyclically Adjusted PS Ratio?

Energous WATT +5.79% 48 Cyclically Adjusted PS Ratio is 1.20 as of Jul. 09, 2026, which is 4% below its 10-year median of 1.25. GuruFocus rates WATT with a GF Score™ of 48/100 and a GF Value™ of $29.73 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 1,971 Hardware companies, Energous ranks better than 56.16% on this metric.

As of today (2026-07-09), Energous's current share price is $19.00. Energous's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $15.85. Energous's Cyclically Adjusted PS Ratio for today is 1.20.

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

WATT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 1.25   Max: 19.43
Current: 1.13

During the past years, Energous's highest Cyclically Adjusted PS Ratio was 19.43. The lowest was 0.23. And the median was 1.25.

WATT's Cyclically Adjusted PS Ratio is ranked better than
56.16% of 1971 companies
in the Hardware industry
Industry Median: 1.49 vs WATT: 1.13

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.

Energous's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.794. 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 $15.85 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Energous  (NAS:WATT) 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.


Energous Cyclically Adjusted PS Ratio Related Terms


Energous Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Energous'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.

Energous Cyclically Adjusted PS Ratio Chart

Energous 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 0.00 13.81 1.63 0.97 0.25

Energous 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 0.27 0.28 0.47 0.25 0.99

WATT vs INSG, OCC, AMPG: Cyclically Adjusted PS Ratio Comparison

For the Communication Equipment subindustry, Energous'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.


Energous Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Energous's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


WATT
48GF Score
Energous Corp WATT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Energous 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.00/15.85
=1.20

* 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.

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

For example, Energous'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)
=0.794/330.2130*330.2130
=0.794

Current CPI (Mar. 2026) = 330.2130.

Energous Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.500 241.018 8.905
201609 33.467 241.428 45.774
201612 3.939 241.432 5.387
201703 16.912 243.801 22.906
201706 8.824 244.955 11.895
201709 6.757 246.819 9.040
201712 0.784 246.524 1.050
201803 0.610 249.554 0.807
201806 4.905 251.989 6.428
201809 5.302 252.439 6.935
201812 1.333 251.233 1.752
201903 1.426 254.202 1.852
201906 0.941 256.143 1.213
201909 0.804 256.759 1.034
201912 0.868 256.974 1.115
202003 1.052 258.115 1.346
202006 1.676 257.797 2.147
202009 0.886 260.280 1.124
202012 1.098 260.474 1.392
202103 1.408 264.877 1.755
202106 1.796 271.696 2.183
202109 1.914 274.310 2.304
202112 1.844 278.802 2.184
202203 1.688 287.504 1.939
202206 1.806 296.311 2.013
202209 1.729 296.808 1.924
202212 1.377 296.797 1.532
202303 0.713 301.836 0.780
202306 0.770 305.109 0.833
202309 1.063 307.789 1.140
202312 0.520 306.746 0.560
202403 0.322 312.332 0.340
202406 0.211 314.175 0.222
202409 1.009 315.301 1.057
202412 1.385 315.605 1.449
202503 0.362 319.799 0.374
202506 0.821 322.561 0.840
202509 0.790 324.800 0.803
202512 1.390 324.054 1.416
202603 0.794 330.213 0.794

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 1.20 mean?
Energous (WATT) has a Cyclically Adjusted PS Ratio of 1.20 as of Jul. 09, 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 Energous and its competitors. This is near median its historical median of 1.25. Over the past decade, Energous' Cyclically Adjusted PS Ratio has ranged from 0.23 to 19.43. According to the industry distribution chart, Energous ranks #864 out of 1971 companies in the Hardware industry, placing it in the top 43.8%.
Is Energous' Cyclically Adjusted PS Ratio too high?
Energous' current Cyclically Adjusted PS Ratio of 1.20 is near median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 19.43. The Hardware industry median Cyclically Adjusted PS Ratio is 1.49. Energous' value of 1.20 is 19.5% below this industry median. Based on the distribution chart, Energous ranks #864 out of 1971 companies in the Hardware industry, which is above the industry midpoint. Overall, Energous has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Energous' Cyclically Adjusted PS Ratio compare to INSG and OCC?
According to the Hardware industry distribution chart, Energous ranks #864 out of 1971 companies for Cyclically Adjusted PS Ratio. This puts Energous in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.49. Energous' value of 1.20 is 19.5% below this benchmark. Historically, Energous' own Cyclically Adjusted PS Ratio has ranged from 0.23 to 19.43 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 1.49, Energous 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 a Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.49, based on 1,971 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. Energous's current Cyclically Adjusted PS Ratio of 1.20 is 19.5% 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 Energous and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energous's current Cyclically Adjusted PS Ratio is 1.20, which is near median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energous stock overvalued right now?
Based on GuruFocus' analysis, Energous (WATT) is currently considered Possible Value Trap. The stock's GF Value™ is $29.73, compared to a current price of $19.00 — trading 36.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.20, which is near median its 10-year median of 1.25 and 19.5% below the Hardware industry median of 1.49. Energous' overall GF Score™ is 48/100 with 1 warning sign 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 Energous (WATT), the current Cyclically Adjusted PS Ratio is 1.20 as of Jul. 09, 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 Energous (WATT) Overvalued in 2026?

Based on GuruFocus' analysis, Energous stock appears to be undervalued. The current stock price of $19.00 is trading 36.1% below its estimated GF Value™ of $29.73. GuruFocus considers Energous to be Possible Value Trap.

Key valuation signals for WATT:

  • Cyclically Adjusted PS Ratio: 1.20 (near median its 10-year median of 1.25)
  • GF Value™: $29.73 vs. price of $19.00 (36.1% below fair value)
  • GF Score™: 48/100 with 1 warning sign
  • Industry Position: 19.5% below the Hardware median (#864 of 1971)

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


Energous Business Description

Other Exchanges 0IH3:UK
Address 3590 North First Street, Suite 330, San Jose, CA, USA, 95134
Energous Corp has developed scalable, over-the-air Wireless Power Network (WPN) technology that integrates semiconductor chipsets, software controls, hardware designs, and antenna systems to enable radio frequency (RF)-based charging for ambient Internet of Things (ambient IoT) devices, transforming supply chain capabilities from limited tracking to overall business intelligence. The WPN technology consists of transmitter systems, receiver integrated circuits, and supporting software designed to deliver power and data to battery-free IoT devices across a range of operating distances and power levels. Its applications include retail sensors, electronic shelf labels (ESLs), asset trackers, air quality monitors, motion detectors, and other monitoring solutions.
48GF Score

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

$19.00
Price
$29.73
GF Value