Canadian Utilities (TSX:CU) Cyclically Adjusted Revenue per Share: C$16.48 (As of Jun. 2026)

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TSX:CU Canadian Utilities Ltd TSX:CU
77 GF Score
Price C$55.57
GF Value C$37.46
Valuation Significantly Overvalued
! 13 Warning Signs
View Full Analysis

What is Canadian Utilities Cyclically Adjusted Revenue per Share?

Canadian Utilities TSX:CU -0.27% 77 Cyclically Adjusted Revenue per Share is C$16.48 as of Jun. 2026. GuruFocus rates TSX:CU with a GF Score™ of 77/100 and a GF Value™ of C$37.46 (Significantly Overvalued). The stock has 13 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.

Canadian Utilities's adjusted revenue per share for the three months ended in Jun. 2026 was C$3.347. 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 C$16.48 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Canadian Utilities's average Cyclically Adjusted Revenue Growth Rate was 2.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.70% 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 Canadian Utilities was 13.50% per year. The lowest was -15.00% per year. And the median was 4.10% per year.

As of today (2026-08-04), Canadian Utilities's current stock price is C$55.57. Canadian Utilities's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was C$16.48. Canadian Utilities's Cyclically Adjusted PS Ratio of today is 3.37.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Canadian Utilities was 4.40. The lowest was 1.77. And the median was 2.48.


Canadian Utilities  (TSX:CU) 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.

Canadian Utilities's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=55.57/16.48
=3.37

* 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 Canadian Utilities was 4.40. The lowest was 1.77. And the median was 2.48.


Be Aware

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


Canadian Utilities Cyclically Adjusted Revenue per Share Related Terms


Canadian Utilities Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Canadian Utilities'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.

Canadian Utilities Cyclically Adjusted Revenue per Share Chart

Canadian Utilities 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 14.81 15.77 16.04 15.95 16.09

Canadian Utilities Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 16.15 16.14 16.09 16.30 16.48

TSX:CU vs SRE, AES: Cyclically Adjusted Revenue per Share Comparison

For the Utilities - Diversified subindustry, Canadian Utilities'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.


Canadian Utilities Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

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


TSX:CU
77GF Score
Canadian Utilities Ltd TSX:CU
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canadian Utilities 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, Canadian Utilities'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)
=3.347/133.5265*133.5265
=3.347

Current CPI (Jun. 2026) = 133.5265.

Canadian Utilities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.903 101.765 3.809
201612 3.779 101.449 4.974
201703 3.736 102.634 4.861
201706 3.491 103.029 4.524
201709 3.437 103.345 4.441
201712 4.459 103.345 5.761
201803 5.105 105.004 6.492
201806 3.558 105.557 4.501
201809 3.636 105.636 4.596
201812 3.794 105.399 4.806
201903 4.352 106.979 5.432
201906 3.301 107.690 4.093
201909 3.240 107.611 4.020
201912 3.402 107.769 4.215
202003 3.238 107.927 4.006
202006 2.708 108.401 3.336
202009 2.660 108.164 3.284
202012 3.224 108.559 3.965
202103 3.329 110.298 4.030
202106 2.924 111.720 3.495
202109 2.933 112.905 3.469
202112 3.854 113.774 4.523
202203 4.120 117.646 4.676
202206 3.460 120.806 3.824
202209 3.329 120.648 3.684
202212 4.103 120.964 4.529
202303 4.188 122.702 4.557
202306 3.253 124.203 3.497
202309 3.004 125.230 3.203
202312 3.600 125.072 3.843
202403 4.025 126.258 4.257
202406 3.169 127.522 3.318
202409 2.982 127.285 3.128
202412 3.611 127.364 3.786
202503 3.994 129.181 4.128
202506 3.095 129.892 3.182
202509 2.911 130.287 2.983
202512 3.566 130.366 3.652
202603 3.974 132.262 4.012
202606 3.347 133.527 3.347

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 C$16.48 mean?
Canadian Utilities (TSX:CU) has a Cyclically Adjusted Revenue per Share of C$16.48 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Canadian Utilities and its competitors.
Is Canadian Utilities' Cyclically Adjusted Revenue per Share too high?
Canadian Utilities' current Cyclically Adjusted Revenue per Share is C$16.48. Overall, Canadian Utilities has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Utilities' Cyclically Adjusted Revenue per Share compare to SRE and AES?
Canadian Utilities' Cyclically Adjusted Revenue per Share of C$16.48 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 Canadian Utilities and its competitors. Canadian Utilities's current Cyclically Adjusted Revenue per Share is C$16.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Utilities stock overvalued right now?
Based on GuruFocus' analysis, Canadian Utilities (TSX:CU) is currently considered Significantly Overvalued. The stock's GF Value™ is C$37.46, compared to a current price of C$55.57 — trading 48.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is C$16.48. Canadian Utilities' overall GF Score™ is 77/100 with 13 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 Canadian Utilities (TSX:CU), the current Cyclically Adjusted Revenue per Share is C$16.48 as of Jun. 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 Canadian Utilities (TSX:CU) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Utilities stock appears to be overvalued. The current stock price of C$55.57 is trading 48.3% above its estimated GF Value™ of C$37.46. GuruFocus considers Canadian Utilities to be Significantly Overvalued.

Key valuation signals for TSX:CU:

  • Cyclically Adjusted Revenue per Share: C$16.48
  • GF Value™: C$37.46 vs. price of C$55.57 (48.3% above fair value)
  • GF Score™: 77/100 with 13 warning signs

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


Canadian Utilities Business Description

Address 5302 Forand Street South West, 4th Floor, West Building, Corporate Governance & Secretarial, Calgary, AB, CAN, T3E 8B4
Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company is engaged in segments that include ATCO Energy Systems, ATCO EnPower, ATCO Australia, and Corporate & Other. Headquartered in Calgary, Alberta, the firm mainly operates in Canada, Australia, and others. The company generates maximum revenue from Canada. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.
77GF Score

Get the complete analysis for TSX:CU

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

C$55.57
Price
C$37.46
GF Value