Patels Airtemp (India) (BOM:517417) Cyclically Adjusted PS Ratio: 0.50 (As of Sep. 02, 2026) — 12% Below Median

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BOM:517417 Patels Airtemp (India) Ltd BOM:517417
65 GF Score
Price ₹288.30
GF Value ₹229.76
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Patels Airtemp (India) Cyclically Adjusted PS Ratio?

Patels Airtemp (India) BOM:517417 +1.07% 65 Cyclically Adjusted PS Ratio is 0.50 as of Sep. 02, 2026, which is 12% below its 10-year median of 0.57. GuruFocus rates BOM:517417 with a GF Score™ of 65/100 and a GF Value™ of ₹229.76 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,283 Industrial Products companies, Patels Airtemp (India) ranks better than 81.69% on this metric.

As of today (2026-09-02), Patels Airtemp (India)'s current share price is ₹288.30. Patels Airtemp (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹580.78. Patels Airtemp (India)'s Cyclically Adjusted PS Ratio for today is 0.50.

The historical rank and industry rank for Patels Airtemp (India)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:517417' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.57   Max: 1.63
Current: 0.5

During the past years, Patels Airtemp (India)'s highest Cyclically Adjusted PS Ratio was 1.63. The lowest was 0.26. And the median was 0.57.

BOM:517417's Cyclically Adjusted PS Ratio is ranked better than
81.69% of 2283 companies
in the Industrial Products industry
Industry Median: 1.82 vs BOM:517417: 0.50

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.

Patels Airtemp (India)'s adjusted revenue per share data for the three months ended in Jun. 2026 was ₹28.447. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ₹580.78 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Patels Airtemp (India)  (BOM:517417) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Patels Airtemp (India) Cyclically Adjusted PS Ratio Related Terms


Patels Airtemp (India) Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Patels Airtemp (India)'s Cyclically Adjusted PS 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.

Patels Airtemp (India) Cyclically Adjusted PS Ratio Chart

Patels Airtemp (India) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.47 0.76 0.88 0.32

Patels Airtemp (India) Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 0.86 0.57 0.44 0.32 0.65

BOM:517417 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Patels Airtemp (India)'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.


Patels Airtemp (India) Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Patels Airtemp (India)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Patels Airtemp (India)'s Cyclically Adjusted PS Ratio falls into.


BOM:517417
65GF Score
Patels Airtemp (India) Ltd BOM:517417
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Patels Airtemp (India) Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Patels Airtemp (India)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=288.30/580.78
=0.50

* 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.

Patels Airtemp (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Patels Airtemp (India)'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)
=28.447/167.3573*167.3573
=28.447

Current CPI (Jun. 2026) = 167.3573.

Patels Airtemp (India) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 45.893 105.961 72.484
201612 51.211 105.196 81.472
201703 106.311 105.196 169.131
201706 23.237 107.109 36.308
201709 79.609 109.021 122.207
201712 98.573 109.404 150.789
201803 110.404 109.786 168.299
201806 54.974 111.317 82.650
201809 83.418 115.142 121.247
201812 62.961 115.142 91.513
201903 91.764 118.202 129.925
201906 100.700 120.880 139.418
201909 98.616 123.175 133.989
201912 123.364 126.235 163.551
202003 133.598 124.705 179.292
202006 98.616 127.000 129.953
202009 98.840 130.118 127.128
202012 163.998 130.889 209.691
202103 133.440 131.771 169.478
202106 95.360 134.084 119.024
202109 121.076 135.847 149.160
202112 223.277 138.161 270.461
202203 149.618 138.822 180.373
202206 69.750 142.347 82.005
202209 159.321 144.661 184.317
202212 121.860 145.763 139.913
202303 181.505 146.865 206.831
202306 151.371 150.280 168.572
202309 155.925 151.492 172.255
202312 159.463 152.924 174.513
202403 203.667 153.035 222.729
202406 207.450 155.789 222.855
202409 149.589 157.882 158.566
202412 161.500 158.323 170.716
202503 190.360 157.552 202.208
202506 150.889 159.755 158.069
202509 40.338 162.289 41.598
202512 107.333 163.281 110.013
202603 163.566 164.272 166.638
202606 28.447 167.357 28.447

Add all the adjusted revenue per share together and divide 10 will get our 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.

What does a Cyclically Adjusted PS Ratio of 0.50 mean?
Patels Airtemp (India) (BOM:517417) has a Cyclically Adjusted PS Ratio of 0.50 as of Sep. 02, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Patels Airtemp (India) and its competitors. This is 12% below median its historical median of 0.57. Over the past decade, Patels Airtemp (India)'s Cyclically Adjusted PS Ratio has ranged from 0.26 to 1.63. According to the industry distribution chart, Patels Airtemp (India) ranks #418 out of 2283 companies in the Industrial Products industry, placing it in the top 18.3%.
Is Patels Airtemp (India)'s Cyclically Adjusted PS Ratio too high?
Patels Airtemp (India)'s current Cyclically Adjusted PS Ratio of 0.50 is 12% below median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 1.63. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.82. Patels Airtemp (India)'s value of 0.50 is 72.5% below this industry median. Based on the distribution chart, Patels Airtemp (India) ranks #418 out of 2283 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Patels Airtemp (India) has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Patels Airtemp (India)'s Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Patels Airtemp (India) ranks #418 out of 2283 companies for Cyclically Adjusted PS Ratio. This places Patels Airtemp (India) in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.82. Patels Airtemp (India)'s value of 0.50 is 72.5% below this benchmark. Historically, Patels Airtemp (India)'s own Cyclically Adjusted PS Ratio has ranged from 0.26 to 1.63 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 1.82, Patels Airtemp (India) has consistently been below 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 Cyclically Adjusted PS Ratio for an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.82, based on 2,283 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Patels Airtemp (India)'s current Cyclically Adjusted PS Ratio of 0.50 is 72.5% below 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 Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Patels Airtemp (India) and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patels Airtemp (India)'s current Cyclically Adjusted PS Ratio is 0.50, which is 12% below median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patels Airtemp (India) stock overvalued right now?
Based on GuruFocus' analysis, Patels Airtemp (India) (BOM:517417) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹229.76, compared to a current price of ₹288.30 — trading 25.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.50, which is 12% below median its 10-year median of 0.57 and 72.5% below the Industrial Products industry median of 1.82. Patels Airtemp (India)'s overall GF Score™ is 65/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Patels Airtemp (India) (BOM:517417), the current Cyclically Adjusted PS Ratio is 0.50 as of Sep. 02, 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 Patels Airtemp (India) (BOM:517417) Overvalued in 2026?

Based on GuruFocus' analysis, Patels Airtemp (India) stock appears to be overvalued. The current stock price of ₹288.30 is trading 25.5% above its estimated GF Value™ of ₹229.76. GuruFocus considers Patels Airtemp (India) to be Modestly Overvalued.

Key valuation signals for BOM:517417:

  • Cyclically Adjusted PS Ratio: 0.50 (12% below median its 10-year median of 0.57)
  • GF Value™: ₹229.76 vs. price of ₹288.30 (25.5% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 72.5% below the Industrial Products median (#418 of 2283)

No single metric tells the full story. See the BOM:517417 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Patels Airtemp (India) Business Description

Address Near Memnagar Fire Station, 5th Floor, Kalpana Complex, Navrangpura, Ahmedabad, GJ, IND, 380009
Patels Airtemp (India) Ltd is engaged in the manufacturing and selling of extensive range of Heat Exchangers such as Shell & Tube Type, Finned Tube Type and Air-Cooled Heat Exchangers, Pressure Vessels, Air-conditioning and Refrigeration equipments and Turnkey HVAC Projects in India & marketing of equipment's in and outside India. The products are supplied to Industrial sections like Power Projects, Refineries, Fertilizers, Cements, Petrochemicals, Pharmaceuticals, Textile and Chemical Industries make them a single window option for multiple products. The Company is operating in single segment business namely Engineering. Geographically, it has presenc within India, USA, Canada, Zambia, and Other countries. It generates the majority of its revenue from within Inida.
65GF Score

Get the complete analysis for BOM:517417

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

₹288.30
Price
₹229.76
GF Value