NextEra Energy (WBO:NEE) Cyclically Adjusted PS Ratio: (As of Jul. 27, 2026)

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

WBO:NEE NextEra Energy Inc WBO:NEE
82 GF Score
Price €78.63
GF Value €70.51
Valuation Modestly Overvalued
! 10 Warning Signs
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What is NextEra Energy Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


NextEra Energy  (WBO: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 9.06 7.64 5.27 6.08 6.63

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 5.77 6.22 6.63 7.50 0.00

WBO: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.


WBO:NEE
82GF Score
NextEra Energy Inc WBO:NEE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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)
=3.124/333.9520*333.9520
=3.124

Current CPI (Jun. 2026) = 333.9520.

NextEra Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.297 241.428 3.177
201612 1.860 241.432 2.573
201703 1.975 243.801 2.705
201706 2.077 244.955 2.832
201709 2.130 246.819 2.882
201712 1.777 246.524 2.407
201803 1.649 249.554 2.207
201806 1.830 251.989 2.425
201809 1.982 252.439 2.622
201812 2.005 251.233 2.665
201903 1.871 254.202 2.458
201906 2.278 256.143 2.970
201909 2.603 256.759 3.386
201912 2.101 256.974 2.730
202003 2.122 258.115 2.745
202006 1.898 257.797 2.459
202009 2.063 260.280 2.647
202012 1.832 260.474 2.349
202103 1.586 264.877 2.000
202106 1.654 271.696 2.033
202109 1.883 274.310 2.292
202112 2.261 278.802 2.708
202203 1.330 287.504 1.545
202206 2.485 296.311 2.801
202209 3.429 296.808 3.858
202212 2.919 296.797 3.284
202303 3.128 301.836 3.461
202306 3.346 305.109 3.662
202309 3.300 307.789 3.581
202312 3.070 306.746 3.342
202403 2.565 312.332 2.743
202406 2.739 314.175 2.911
202409 3.307 315.301 3.503
202412 2.494 315.605 2.639
202503 2.804 319.799 2.928
202506 2.818 322.561 2.918
202509 3.278 324.800 3.370
202512 2.657 324.054 2.738
202603 2.770 330.213 2.801
202606 3.124 333.952 3.124

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 (WBO:NEE) Overvalued in 2026?

Based on GuruFocus' analysis, NextEra Energy stock appears to be overvalued. The current stock price of €78.63 is trading 11.5% above its estimated GF Value™ of €70.51. GuruFocus considers NextEra Energy to be Modestly Overvalued.

Key valuation signals for WBO:NEE:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €70.51 vs. price of €78.63 (11.5% above fair value)
  • GF Score™: 82/100 with 10 warning signs

No single metric tells the full story. See the WBO: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.
82GF 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.

€78.63
Price
€70.51
GF Value