CEZ AS (WAR:CEZ) Cyclically Adjusted Revenue per Share: zł91.83 (As of Mar. 2026)

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WAR:CEZ CEZ AS WAR:CEZ
75 GF Score
Price zł244.60
GF Value zł190.36
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is CEZ AS Cyclically Adjusted Revenue per Share?

CEZ AS WAR:CEZ 75 Cyclically Adjusted Revenue per Share is zł91.83 as of Mar. 2026. GuruFocus rates WAR:CEZ with a GF Score™ of 75/100 and a GF Value™ of zł190.36 (Modestly Overvalued). The stock has 9 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.

CEZ AS's adjusted revenue per share for the three months ended in Mar. 2026 was zł27.307. 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 zł91.83 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CEZ AS's average Cyclically Adjusted Revenue Growth Rate was 4.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.90% 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 CEZ AS was 5.00% per year. The lowest was 2.70% per year. And the median was 4.80% per year.

As of today (2026-08-26), CEZ AS's current stock price is zł244.60. CEZ AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was zł91.83. CEZ AS's Cyclically Adjusted PS Ratio of today is 2.66.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CEZ AS was 2.63. The lowest was 0.91. And the median was 1.83.


CEZ AS  (WAR:CEZ) 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.

CEZ AS's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=244.60/91.83
=2.66

* 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 CEZ AS was 2.63. The lowest was 0.91. And the median was 1.83.


Be Aware

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


CEZ AS Cyclically Adjusted Revenue per Share Related Terms


CEZ AS Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for CEZ AS'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.

CEZ AS Cyclically Adjusted Revenue per Share Chart

CEZ AS 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 80.41 88.70 84.23 85.56 92.63

CEZ AS 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 83.68 89.32 92.80 92.63 91.83

WAR:CEZ vs NEE, SO, DUK: Cyclically Adjusted Revenue per Share Comparison

For the Utilities - Regulated Electric subindustry, CEZ AS'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.


CEZ AS Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

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


WAR:CEZ
75GF Score
CEZ AS WAR:CEZ
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CEZ AS 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, CEZ AS'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)
=27.307/330.2130*330.2130
=27.307

Current CPI (Mar. 2026) = 330.2130.

CEZ AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 13.334 241.018 18.269
201609 12.881 241.428 17.618
201612 15.686 241.432 21.454
201703 14.239 243.801 19.286
201706 13.669 244.955 18.427
201709 14.290 246.819 19.118
201712 17.483 246.524 23.418
201803 15.213 249.554 20.130
201806 11.835 251.989 15.509
201809 14.232 252.439 18.617
201812 15.641 251.233 20.558
201903 15.482 254.202 20.111
201906 14.286 256.143 18.417
201909 17.398 256.759 22.375
201912 16.957 256.974 21.790
202003 16.041 258.115 20.522
202006 14.215 257.797 18.208
202009 14.704 260.280 18.655
202012 18.256 260.474 23.144
202103 18.204 264.877 22.694
202106 15.773 271.696 19.170
202109 14.810 274.310 17.828
202112 24.732 278.802 29.293
202203 21.458 287.504 24.646
202206 15.777 296.311 17.582
202209 22.074 296.808 24.558
202212 3.331 296.797 3.706
202303 28.805 301.836 31.513
202306 23.259 305.109 25.173
202309 22.842 307.789 24.506
202312 22.011 306.746 23.695
202403 25.579 312.332 27.043
202406 21.967 314.175 23.088
202409 24.295 315.301 25.444
202412 28.413 315.605 29.728
202503 27.532 319.799 28.429
202506 23.290 322.561 23.843
202509 23.956 324.800 24.355
202512 30.373 324.054 30.950
202603 27.307 330.213 27.307

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 zł91.83 mean?
CEZ AS (WAR:CEZ) has a Cyclically Adjusted Revenue per Share of zł91.83 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 CEZ AS and its competitors.
Is CEZ AS's Cyclically Adjusted Revenue per Share too high?
CEZ AS's current Cyclically Adjusted Revenue per Share is zł91.83. Overall, CEZ AS has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CEZ AS's Cyclically Adjusted Revenue per Share compare to NEE and SO?
CEZ AS's Cyclically Adjusted Revenue per Share of zł91.83 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 CEZ AS and its competitors. CEZ AS's current Cyclically Adjusted Revenue per Share is zł91.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEZ AS stock overvalued right now?
Based on GuruFocus' analysis, CEZ AS (WAR:CEZ) is currently considered Modestly Overvalued. The stock's GF Value™ is zł190.36, compared to a current price of zł244.60 — trading 28.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is zł91.83. CEZ AS's overall GF Score™ is 75/100 with 9 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 CEZ AS (WAR:CEZ), the current Cyclically Adjusted Revenue per Share is zł91.83 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 CEZ AS (WAR:CEZ) Overvalued in 2026?

Based on GuruFocus' analysis, CEZ AS stock appears to be overvalued. The current stock price of zł244.60 is trading 28.5% above its estimated GF Value™ of zł190.36. GuruFocus considers CEZ AS to be Modestly Overvalued.

Key valuation signals for WAR:CEZ:

  • Cyclically Adjusted Revenue per Share: zł91.83
  • GF Value™: zł190.36 vs. price of zł244.60 (28.5% above fair value)
  • GF Score™: 75/100 with 9 warning signs

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


CEZ AS Business Description

Address Duhova 2/1444, Praha 4, Prague, CZE, 140 53
CEZ AS is a Czech energy company of which the government of the Czech Republic is the majority shareholder. The core business of the company is the generation, distribution, trade, and sale of electricity and heat, coal mining, trading in commodities and provision of complex energy services, distribution, trade, and sale of natural gas, and the provision of telecommunications services. Total energy production is mainly split between facilities utilizing thermal and nuclear inputs. CEZ segments comprise Generation; Distribution; Sales and Mining. The group operates mainly in Czechia and in Central and Western European markets.
75GF Score

Get the complete analysis for WAR:CEZ

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

zł244.60
Price
zł190.36
GF Value