Hydro One (FRA:8H1) Cyclically Adjusted Revenue per Share: €8.86 (As of Mar. 2026)

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FRA:8H1 Hydro One Ltd FRA:8H1
74 GF Score
Price €36.05
GF Value €31.76
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Hydro One Cyclically Adjusted Revenue per Share?

Hydro One FRA:8H1 -0.06% 74 Cyclically Adjusted Revenue per Share is €8.86 as of Mar. 2026. GuruFocus rates FRA:8H1 with a GF Score™ of 74/100 and a GF Value™ of €31.76 (Modestly Overvalued). The stock has 10 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Hydro One's adjusted revenue per share for the three months ended in Mar. 2026 was €2.779. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €8.86 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hydro One's average Cyclically Adjusted Revenue Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -90.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -71.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Hydro One was -11.40% per year. The lowest was -90.10% per year. And the median was -21.65% per year.

As of today (2026-08-04), Hydro One's current stock price is €36.05. Hydro One's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €8.86. Hydro One's Cyclically Adjusted PS Ratio of today is 4.07.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hydro One was 4.34. The lowest was 0.01. And the median was 3.58.


Hydro One  (FRA:8H1) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Hydro One's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=36.05/8.86
=4.07

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hydro One was 4.34. The lowest was 0.01. And the median was 3.58.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Hydro One Cyclically Adjusted Revenue per Share Related Terms


Hydro One Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Hydro One's Cyclically Adjusted Revenue per Share 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.

Hydro One Cyclically Adjusted Revenue per Share Chart

Hydro One Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12,558.82 9,809.91 5,796.48 1,551.66 8.47

Hydro One Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 8.70 8.46 8.46 8.47 8.86

FRA:8H1 vs NEE, SO, DUK: Cyclically Adjusted Revenue per Share Comparison

For the Utilities - Regulated Electric subindustry, Hydro One'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.


Hydro One Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

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


FRA:8H1
74GF Score
Hydro One Ltd FRA:8H1
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hydro One Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Hydro One'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)
=2.779/132.2623*132.2623
=2.779

Current CPI (Mar. 2026) = 132.2623.

Hydro One Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.789 102.002 2.320
201609 1.942 101.765 2.524
201612 1.922 101.449 2.506
201703 1.939 102.634 2.499
201706 1.536 103.029 1.972
201709 1.740 103.345 2.227
201712 1.593 103.345 2.039
201803 1.653 105.004 2.082
201806 1.611 105.557 2.019
201809 1.766 105.636 2.211
201812 1.631 105.399 2.047
201903 1.946 106.979 2.406
201906 1.571 107.690 1.929
201909 1.824 107.611 2.242
201912 1.956 107.769 2.401
202003 2.000 107.927 2.451
202006 1.824 108.401 2.225
202009 2.036 108.164 2.490
202012 1.996 108.559 2.432
202103 2.017 110.298 2.419
202106 1.948 111.720 2.306
202109 2.138 112.905 2.505
202112 2.049 113.774 2.382
202203 2.445 117.646 2.749
202206 2.263 120.806 2.478
202209 2.560 120.648 2.806
202212 2.181 120.964 2.385
202303 2.357 122.702 2.541
202306 2.147 124.203 2.286
202309 2.230 125.230 2.355
202312 2.242 125.072 2.371
202403 2.451 126.258 2.568
202406 2.292 127.522 2.377
202409 2.427 127.285 2.522
202412 2.338 127.364 2.428
202503 2.583 129.181 2.645
202506 2.181 129.892 2.221
202509 2.357 130.287 2.393
202512 2.337 130.366 2.371
202603 2.779 132.262 2.779

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of €8.86 mean?
Hydro One (FRA:8H1) has a Cyclically Adjusted Revenue per Share of €8.86 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Hydro One and its competitors.
Is Hydro One's Cyclically Adjusted Revenue per Share too high?
Hydro One's current Cyclically Adjusted Revenue per Share is €8.86. Overall, Hydro One has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hydro One's Cyclically Adjusted Revenue per Share compare to NEE and SO?
Hydro One's Cyclically Adjusted Revenue per Share of €8.86 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Utilities - Regulated company?
A good Cyclically Adjusted Revenue per Share depends on the Utilities - Regulated industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Hydro One and its competitors. Hydro One's current Cyclically Adjusted Revenue per Share is €8.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hydro One stock overvalued right now?
Based on GuruFocus' analysis, Hydro One (FRA:8H1) is currently considered Modestly Overvalued. The stock's GF Value™ is €31.76, compared to a current price of €36.05 — trading 13.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €8.86. Hydro One's overall GF Score™ is 74/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Hydro One (FRA:8H1), the current Cyclically Adjusted Revenue per Share is €8.86 as of Mar. 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 Hydro One (FRA:8H1) Overvalued in 2026?

Based on GuruFocus' analysis, Hydro One stock appears to be overvalued. The current stock price of €36.05 is trading 13.5% above its estimated GF Value™ of €31.76. GuruFocus considers Hydro One to be Modestly Overvalued.

Key valuation signals for FRA:8H1:

  • Cyclically Adjusted Revenue per Share: €8.86
  • GF Value™: €31.76 vs. price of €36.05 (13.5% above fair value)
  • GF Score™: 74/100 with 10 warning signs

No single metric tells the full story. See the FRA:8H1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hydro One Business Description

Other Exchanges HRNNF:USAH:Canada
Address 483 Bay Street, South Tower, 8th Floor, Toronto, ON, CAN, M5G 2P5
Hydro One operates regulated transmission and distribution assets in Ontario. The area's largest electricity provider serves nearly 1.5 million customers. Transmission accounts for roughly 60% of the company's rate base, with distribution accounting for the remainder. Hydro One operates a small telecom business with annual revenue contributing less than 1% to consolidated results. The province of Ontario holds an approximate 47.5% common equity stake.
74GF Score

Get the complete analysis for FRA:8H1

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

€36.05
Price
€31.76
GF Value