Ormat Technologies (XTAE:ORA) Cyclically Adjusted PS Ratio: 5.87 (As of Sep. 11, 2026) — 15% Above Median

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XTAE:ORA Ormat Technologies Inc XTAE:ORA
93 GF Score
Price ₪299.00
GF Value ₪315.55
Valuation Fairly Valued
! 8 Warning Signs
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What is Ormat Technologies Cyclically Adjusted PS Ratio?

Ormat Technologies XTAE:ORA -2.32% 93 Cyclically Adjusted PS Ratio is 5.87 as of Sep. 11, 2026, which is 15% above its 10-year median of 5.11. GuruFocus rates XTAE:ORA with a GF Score™ of 93/100 and a GF Value™ of ₪315.55 (Fairly Valued). The stock has 8 warning signs investors should review. Among 269 Utilities - Independent Power Producers companies, Ormat Technologies ranks worse than 83.27% on this metric.

As of today (2026-09-11), Ormat Technologies's current share price is ₪299.00. Ormat Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₪50.91. Ormat Technologies's Cyclically Adjusted PS Ratio for today is 5.87.

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

XTAE:ORA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.87   Med: 5.11   Max: 8.82
Current: 5.67

During the past years, Ormat Technologies's highest Cyclically Adjusted PS Ratio was 8.82. The lowest was 3.87. And the median was 5.11.

XTAE:ORA's Cyclically Adjusted PS Ratio is ranked worse than
83.27% of 269 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.6 vs XTAE:ORA: 5.67

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.

Ormat Technologies's adjusted revenue per share data for the three months ended in Jun. 2026 was ₪12.544. 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 ₪50.91 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ormat Technologies  (XTAE:ORA) 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.


Ormat Technologies Cyclically Adjusted PS Ratio Related Terms


Ormat Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ormat Technologies'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.

Ormat Technologies Cyclically Adjusted PS Ratio Chart

Ormat Technologies 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 5.47 5.65 4.84 4.25 6.75

Ormat Technologies 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 5.13 5.86 6.75 6.62 6.38

XTAE:ORA vs CWEN, MWH, FRVO: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Renewable subindustry, Ormat Technologies'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.


Ormat Technologies Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

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

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


XTAE:ORA
93GF Score
Ormat Technologies Inc XTAE:ORA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ormat Technologies 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.

Ormat Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=299.00/50.91
=5.87

* 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.

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

For example, Ormat Technologies'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)
=12.544/333.9520*333.9520
=12.544

Current CPI (Jun. 2026) = 333.9520.

Ormat Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 11.128 241.428 15.393
201612 10.042 241.432 13.890
201703 11.401 243.801 15.617
201706 10.740 244.955 14.642
201709 9.367 246.819 12.674
201712 9.875 246.524 13.377
201803 10.927 249.554 14.622
201806 10.607 251.989 14.057
201809 9.902 252.439 13.099
201812 11.338 251.233 15.071
201903 11.828 254.202 15.539
201906 10.920 256.143 14.237
201909 10.068 256.759 13.095
201912 11.319 256.974 14.710
202003 11.302 258.115 14.623
202006 10.322 257.797 13.371
202009 9.396 260.280 12.056
202012 10.147 260.474 13.009
202103 8.888 264.877 11.206
202106 7.907 271.696 9.719
202109 8.553 274.310 10.413
202112 10.271 278.802 12.303
202203 9.880 287.504 11.476
202206 9.072 296.311 10.224
202209 9.444 296.808 10.626
202212 11.010 296.797 12.388
202303 9.833 301.836 10.879
202306 9.739 305.109 10.660
202309 10.413 307.789 11.298
202312 12.079 306.746 13.150
202403 11.225 312.332 12.002
202406 10.626 314.175 11.295
202409 10.564 315.301 11.189
202412 11.470 315.605 12.137
202503 11.448 319.799 11.955
202506 11.626 322.561 12.037
202509 12.359 324.800 12.707
202512 13.485 324.054 13.897
202603 19.756 330.213 19.980
202606 12.544 333.952 12.544

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 5.87 mean?
Ormat Technologies (XTAE:ORA) has a Cyclically Adjusted PS Ratio of 5.87 as of Sep. 11, 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 Ormat Technologies and its competitors. This is 15% above median its historical median of 5.11. Over the past decade, Ormat Technologies' Cyclically Adjusted PS Ratio has ranged from 3.87 to 8.82. According to the industry distribution chart, Ormat Technologies ranks #224 out of 269 companies in the Utilities - Independent Power Producers industry, placing it in the top 83.3%.
Is Ormat Technologies' Cyclically Adjusted PS Ratio too high?
Ormat Technologies' current Cyclically Adjusted PS Ratio of 5.87 is 15% above median its 10-year median of 5.11. Over the past 10 years, this metric has ranged from a low of 3.87 to a high of 8.82. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.60. Ormat Technologies' value of 5.87 is 266.9% above this industry median. Based on the distribution chart, Ormat Technologies ranks #224 out of 269 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Ormat Technologies has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ormat Technologies' Cyclically Adjusted PS Ratio compare to CWEN and MWH?
According to the Utilities - Independent Power Producers industry distribution chart, Ormat Technologies ranks #224 out of 269 companies for Cyclically Adjusted PS Ratio. This places Ormat Technologies in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.60. Ormat Technologies' value of 5.87 is 266.9% above this benchmark. Historically, Ormat Technologies' own Cyclically Adjusted PS Ratio has ranged from 3.87 to 8.82 over the past decade. While the company's 10-year median is 5.11 vs. the industry median of 1.60, Ormat Technologies has consistently been above 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 - Independent Power Producers company?
The median Cyclically Adjusted PS Ratio among Utilities - Independent Power Producers companies is 1.60, based on 269 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. Ormat Technologies's current Cyclically Adjusted PS Ratio of 5.87 is 266.9% above 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 Ormat Technologies and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ormat Technologies's current Cyclically Adjusted PS Ratio is 5.87, which is 15% above median its own 10-year median of 5.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ormat Technologies stock overvalued right now?
Based on GuruFocus' analysis, Ormat Technologies (XTAE:ORA) is currently considered Fairly Valued. The stock's GF Value™ is ₪315.55, compared to a current price of ₪299.00 — trading 5.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.87, which is 15% above median its 10-year median of 5.11 and 266.9% above the Utilities - Independent Power Producers industry median of 1.60. Ormat Technologies' overall GF Score™ is 93/100 with 8 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 Ormat Technologies (XTAE:ORA), the current Cyclically Adjusted PS Ratio is 5.87 as of Sep. 11, 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 Ormat Technologies (XTAE:ORA) Overvalued in 2026?

Based on GuruFocus' analysis, Ormat Technologies stock appears to be undervalued. The current stock price of ₪299.00 is trading 5.2% below its estimated GF Value™ of ₪315.55. GuruFocus considers Ormat Technologies to be Fairly Valued.

Key valuation signals for XTAE:ORA:

  • Cyclically Adjusted PS Ratio: 5.87 (15% above median its 10-year median of 5.11)
  • GF Value™: ₪315.55 vs. price of ₪299.00 (5.2% below fair value)
  • GF Score™: 93/100 with 8 warning signs
  • Industry Position: 266.9% above the Utilities - Independent Power Producers median (#224 of 269)

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


Ormat Technologies Business Description

Address 6884 Sierra Center Parkway, Reno, NV, USA, 89511-2210
Ormat Technologies Inc is engaged in the geothermal and recovered energy power business. It is engaged in three business segments: the Electricity Segment. where the company develops, builds, owns, and operates geothermal, solar PV, and recovered energy-based power plants in the United States and geothermal power plants in other countries and sells the electricity generated. Product Segment includes designing, manufacturing, and selling equipment for geothermal and recovered energy-based electricity generation and providing services relating to the engineering, procurement, and construction of geothermal & recovered energy-based power plants. Energy Storage Segment includes owning & operating grid-connected which provide capacity, energy, & ancillary services directly to the electric grid.
93GF Score

Get the complete analysis for XTAE:ORA

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

₪299.00
Price
₪315.55
GF Value