CZAVF (CEZ AS) Shiller PE Ratio: (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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CZAVF CEZ AS CZAVF
77 GF Score
Price $54.95
GF Value $43.92
! 9 Warning Signs
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What is CEZ AS Shiller PE Ratio?

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
77GF Score
CEZ AS CZAVF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 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.

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:
  • GF Value™: $43.92 vs. price of $54.95 (25.1% above fair value)
  • GF Score™: 77/100 with 9 warning signs

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.
77GF 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