CZAVF (CEZ AS) Shiller PE Ratio: 23.92 (As of Sep. 17, 2026) — 30% Above Median

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CZAVF CEZ AS CZAVF
79 GF Score
Price $54.95
GF Value $43.92
! 9 Warning Signs
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What is CEZ AS Shiller PE Ratio?

CEZ AS CZAVF 79 Shiller PE Ratio is 23.92 as of Sep. 17, 2026, which is 30% above its 10-year median of 18.34. GuruFocus rates CZAVF with a GF Score™ of 79/100 and a GF Value™ of $43.92. The stock has 9 warning signs investors should review. Among 399 Utilities - Regulated companies, CEZ AS ranks worse than 79.45% on this metric.

As of today (2026-09-17), CEZ AS's current share price is $54.95. CEZ AS's E10 for the quarter that ended in Jun. 2026 was $2.30. CEZ AS's Shiller PE Ratio for today is 23.92.

The historical rank and industry rank for CEZ AS's Shiller PE Ratio or its related term are showing as below:

CZAVF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.94   Med: 18.34   Max: 26.86
Current: 26.67

During the past years, CEZ AS's highest Shiller PE Ratio was 26.86. The lowest was 6.94. And the median was 18.34.

CZAVF's Shiller PE Ratio is ranked worse than
79.45% of 399 companies
in the Utilities - Regulated industry
Industry Median: 16.69 vs CZAVF: 26.67

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.

CEZ AS's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.351. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.30 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CEZ AS  (OTCPK:CZAVF) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


CEZ AS Shiller PE Ratio Related Terms


CEZ AS Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for CEZ AS's Shiller PE 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.

CEZ AS Shiller PE Ratio Chart

CEZ AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.89 14.53 20.83 17.50 27.00

CEZ AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 27.80 27.17 26.82 24.13 23.92

CZAVF vs NEE, SO, DUK: Shiller PE Ratio Comparison

For the Utilities - Regulated Electric subindustry, CEZ AS's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Utilities - Regulated Industry

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

* The bar in red indicates where CEZ AS's Shiller PE Ratio falls into.


CZAVF
79GF Score
CEZ AS CZAVF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CEZ AS Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

CEZ AS's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=54.95/2.297
=23.92

* 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's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, CEZ AS's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.3506/333.9520*333.9520
=0.351

Current CPI (Jun. 2026) = 333.9520.

CEZ AS Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.062 241.428 0.086
201612 -0.012 241.432 -0.017
201703 0.631 243.801 0.864
201706 0.601 244.955 0.819
201709 -0.018 246.819 -0.024
201712 0.229 246.524 0.310
201803 0.645 249.554 0.863
201806 0.034 251.989 0.045
201809 0.125 252.439 0.166
201812 0.110 251.233 0.146
201903 0.812 254.202 1.067
201906 0.289 256.143 0.376
201909 0.007 256.759 0.009
201912 0.075 256.974 0.097
202003 1.107 258.115 1.433
202006 0.048 257.797 0.062
202009 -0.097 260.280 -0.124
202012 -0.653 260.474 -0.837
202103 0.725 264.877 0.914
202106 -0.611 271.696 -0.751
202109 0.443 274.310 0.539
202112 0.271 278.802 0.325
202203 2.265 287.504 2.631
202206 0.558 296.311 0.629
202209 1.428 296.808 1.607
202212 2.215 296.797 2.492
202303 0.906 301.836 1.002
202306 0.985 305.109 1.078
202309 0.633 307.789 0.687
202312 -0.019 306.746 -0.021
202403 1.091 312.332 1.167
202406 0.607 314.175 0.645
202409 0.175 315.301 0.186
202412 0.465 315.605 0.492
202503 0.993 319.799 1.037
202506 0.334 322.561 0.346
202509 0.490 324.800 0.504
202512 0.531 324.054 0.547
202603 1.209 330.213 1.223
202606 0.351 333.952 0.351

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 23.92 mean?
CEZ AS (CZAVF) has a Shiller PE Ratio of 23.92 as of Sep. 17, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on CEZ AS and its competitors. This is 30% above median its historical median of 18.34. Over the past decade, CEZ AS's Shiller PE Ratio has ranged from 6.94 to 26.86. According to the industry distribution chart, CEZ AS ranks #317 out of 399 companies in the Utilities - Regulated industry, placing it in the top 79.4%.
Is CEZ AS's Shiller PE Ratio too high?
CEZ AS's current Shiller PE Ratio of 23.92 is 30% above median its 10-year median of 18.34. Over the past 10 years, this metric has ranged from a low of 6.94 to a high of 26.86. The Utilities - Regulated industry median Shiller PE Ratio is 16.69. CEZ AS's value of 23.92 is 43.3% above this industry median. Based on the distribution chart, CEZ AS ranks #317 out of 399 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, CEZ AS has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does CEZ AS's Shiller PE Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, CEZ AS ranks #317 out of 399 companies for Shiller PE Ratio. This places CEZ AS in the lower half of its industry. The industry median Shiller PE Ratio is 16.69. CEZ AS's value of 23.92 is 43.3% above this benchmark. Historically, CEZ AS's own Shiller PE Ratio has ranged from 6.94 to 26.86 over the past decade. While the company's 10-year median is 18.34 vs. the industry median of 16.69, CEZ AS 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 Shiller PE Ratio for an Utilities - Regulated company?
The median Shiller PE Ratio among Utilities - Regulated companies is 16.69, based on 399 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CEZ AS's current Shiller PE Ratio of 23.92 is 43.3% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on CEZ AS and its competitors. For the Utilities - Regulated industry, the median Shiller PE Ratio is 16.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CEZ AS's current Shiller PE Ratio is 23.92, which is 30% above median its own 10-year median of 18.34. 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?
CEZ AS (CZAVF) has a current Shiller PE Ratio of 23.92. The stock's GF Value™ is $43.92, compared to a current price of $54.95 — trading 25.1% above its estimated fair value. The current Shiller PE Ratio is 23.92, which is 30% above median its 10-year median of 18.34 and 43.3% above the Utilities - Regulated industry median of 16.69. CEZ AS's overall GF Score™ is 79/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For CEZ AS (CZAVF), the current Shiller PE Ratio is 23.92 as of Sep. 17, 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 (CZAVF) Overvalued in 2026?

Based on GuruFocus' analysis, CEZ AS stock appears to be overvalued. The current stock price of $54.95 is trading 25.1% above its estimated GF Value™ of $43.92.

Key valuation signals for CZAVF:

  • Shiller PE Ratio: 23.92 (30% above median its 10-year median of 18.34)
  • GF Value™: $43.92 vs. price of $54.95 (25.1% above fair value)
  • GF Score™: 79/100 with 9 warning signs
  • Industry Position: 43.3% above the Utilities - Regulated median (#317 of 399)

No single metric tells the full story. See the CZAVF 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.
79GF Score

Get the complete analysis for CZAVF

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

$54.95
Price
$43.92
GF Value