Duke Energy (XBUL:D2MN) Cyclically Adjusted PS Ratio: (As of Sep. 21, 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.

XBUL:D2MN Duke Energy Corp XBUL:D2MN
74 GF Score
Price лв101.92
GF Value лв106.51
! 5 Warning Signs
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What is Duke Energy Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Duke Energy  (XBUL:D2MN) 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.


Duke Energy Cyclically Adjusted PS Ratio Related Terms


Duke Energy Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Duke 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.

Duke Energy Cyclically Adjusted PS Ratio Chart

Duke 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 - - - 2.55 2.74

Duke 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 2.72 2.72 2.73 2.68 2.65

XBUL:D2MN vs SO, AEP, D: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Electric subindustry, Duke 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.


Duke Energy Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

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


XBUL:D2MN
74GF Score
Duke Energy Corp XBUL:D2MN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Duke 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.

Duke Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Duke 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)
=8.382/333.9520*333.9520
=8.382

Current CPI (Jun. 2026) = 333.9520.

Duke Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 8.527 241.428 11.795
201612 6.389 241.432 8.837
201703 7.679 243.801 10.518
201706 7.211 244.955 9.831
201709 7.890 246.819 10.675
201712 7.036 246.524 9.531
201803 7.121 249.554 9.529
201806 6.728 251.989 8.916
201809 7.981 252.439 10.558
201812 7.485 251.233 9.949
201903 7.466 254.202 9.808
201906 7.180 256.143 9.361
201909 8.562 256.759 11.136
201912 7.541 256.974 9.800
202003 7.337 258.115 9.493
202006 6.698 257.797 8.677
202009 7.828 260.280 10.044
202012 6.531 260.474 8.373
202103 6.640 264.877 8.372
202106 6.216 271.696 7.640
202109 7.668 274.310 9.335
202112 6.959 278.802 8.336
202203 8.116 287.504 9.427
202206 7.999 296.311 9.015
202209 10.111 296.808 11.376
202212 9.365 296.797 10.537
202303 8.807 301.836 9.744
202306 7.839 305.109 8.580
202309 9.531 307.789 10.341
202312 8.700 306.746 9.472
202403 9.167 312.332 9.802
202406 8.629 314.175 9.172
202409 9.602 315.301 10.170
202412 8.926 315.605 9.445
202503 10.087 319.799 10.533
202506 8.525 322.561 8.826
202509 9.395 324.800 9.660
202512 8.766 324.054 9.034
202603 10.071 330.213 10.185
202606 8.382 333.952 8.382

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 Duke Energy (XBUL:D2MN) Overvalued in 2026?

Based on GuruFocus' analysis, Duke Energy stock appears to be undervalued. The current stock price of лв101.92 is trading 4.3% below its estimated GF Value™ of лв106.51.

Key valuation signals for XBUL:D2MN:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: лв106.51 vs. price of лв101.92 (4.3% below fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the XBUL:D2MN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Duke Energy Business Description

Address 525 South Tryon Street, Charlotte, NC, USA, 28202
Duke Energy is one of the largest US utilities, with subsidiaries in the Carolinas, Indiana, Florida, Ohio, and Kentucky that deliver electricity to more than 8 million customers. Its natural gas utilities serve more than 1.6 million customers.
74GF Score

Get the complete analysis for XBUL:D2MN

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

лв101.92
Price
лв106.51
GF Value