ITL Industries (BOM:522183) Cyclically Adjusted PS Ratio: 0.68 (As of Aug. 08, 2026) — 12% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:522183 ITL Industries Ltd BOM:522183
75 GF Score
Price ₹315.95
GF Value ₹436.27
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is ITL Industries Cyclically Adjusted PS Ratio?

ITL Industries BOM:522183 -1.51% 75 Cyclically Adjusted PS Ratio is 0.68 as of Aug. 08, 2026, which is 12% below its 10-year median of 0.77. GuruFocus rates BOM:522183 with a GF Score™ of 75/100 and a GF Value™ of ₹436.27 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,293 Industrial Products companies, ITL Industries ranks better than 76.93% on this metric.

As of today (2026-08-08), ITL Industries's current share price is ₹315.95. ITL Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹467.89. ITL Industries's Cyclically Adjusted PS Ratio for today is 0.68.

The historical rank and industry rank for ITL Industries's Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:522183' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.77   Max: 1.05
Current: 0.61

During the past years, ITL Industries's highest Cyclically Adjusted PS Ratio was 1.05. The lowest was 0.52. And the median was 0.77.

BOM:522183's Cyclically Adjusted PS Ratio is ranked better than
76.93% of 2293 companies
in the Industrial Products industry
Industry Median: 1.71 vs BOM:522183: 0.61

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.

ITL Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹193.337. 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 ₹467.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ITL Industries  (BOM:522183) 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.


ITL Industries Cyclically Adjusted PS Ratio Related Terms


ITL Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for ITL Industries'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.

ITL Industries Cyclically Adjusted PS Ratio Chart

ITL Industries 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 0.00 0.00 0.00 0.88 0.57

ITL Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.88 0.84 0.77 0.69 0.57

BOM:522183 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, ITL Industries'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.


ITL Industries Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, ITL Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:522183
75GF Score
ITL Industries Ltd BOM:522183
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ITL Industries 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.

ITL Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=315.95/467.89
=0.68

* 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.

ITL Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, ITL Industries'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)
=193.337/164.2724*164.2724
=193.337

Current CPI (Mar. 2026) = 164.2724.

ITL Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201606 41.101 105.961 63.719
201703 0.000 105.196 0.000
201706 52.481 107.109 80.490
201803 0.000 109.786 0.000
201806 59.421 111.317 87.689
201809 84.952 115.142 121.201
201812 71.717 115.142 102.318
201903 101.627 118.202 141.237
201906 61.614 120.880 83.732
201909 64.866 123.175 86.509
201912 55.930 126.235 72.783
202003 64.969 124.705 85.583
202006 25.326 127.000 32.759
202009 73.543 130.118 92.847
202012 74.002 130.889 92.876
202103 104.986 131.771 130.881
202106 61.336 134.084 75.145
202109 86.838 135.847 105.008
202112 101.253 138.161 120.389
202203 104.855 138.822 124.078
202206 90.108 142.347 103.987
202209 126.053 144.661 143.142
202212 105.707 145.763 119.130
202303 127.037 146.865 142.095
202306 107.439 150.280 117.442
202309 119.876 151.492 129.989
202312 114.692 152.924 123.203
202403 150.419 153.035 161.465
202406 127.782 155.789 134.740
202409 136.264 157.882 141.779
202412 136.289 158.323 141.411
202503 172.091 157.552 179.432
202506 129.167 159.755 132.819
202509 151.623 162.289 153.476
202512 159.441 163.281 160.409
202603 193.337 164.272 193.337

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 0.68 mean?
ITL Industries (BOM:522183) has a Cyclically Adjusted PS Ratio of 0.68 as of Aug. 08, 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 ITL Industries and its competitors. This is 12% below median its historical median of 0.77. Over the past decade, ITL Industries' Cyclically Adjusted PS Ratio has ranged from 0.52 to 1.05. According to the industry distribution chart, ITL Industries ranks #529 out of 2293 companies in the Industrial Products industry, placing it in the top 23.1%.
Is ITL Industries' Cyclically Adjusted PS Ratio too high?
ITL Industries' current Cyclically Adjusted PS Ratio of 0.68 is 12% below median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.05. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.71. ITL Industries' value of 0.68 is 60.2% below this industry median. Based on the distribution chart, ITL Industries ranks #529 out of 2293 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, ITL Industries has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ITL Industries' Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, ITL Industries ranks #529 out of 2293 companies for Cyclically Adjusted PS Ratio. This places ITL Industries in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.71. ITL Industries' value of 0.68 is 60.2% below this benchmark. Historically, ITL Industries' own Cyclically Adjusted PS Ratio has ranged from 0.52 to 1.05 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 1.71, ITL Industries 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 1.71, based on 2,293 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. ITL Industries's current Cyclically Adjusted PS Ratio of 0.68 is 60.2% 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 ITL Industries and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITL Industries's current Cyclically Adjusted PS Ratio is 0.68, which is 12% below median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITL Industries stock overvalued right now?
Based on GuruFocus' analysis, ITL Industries (BOM:522183) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹436.27, compared to a current price of ₹315.95 — trading 27.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.68, which is 12% below median its 10-year median of 0.77 and 60.2% below the Industrial Products industry median of 1.71. ITL Industries' overall GF Score™ is 75/100 with 2 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 ITL Industries (BOM:522183), the current Cyclically Adjusted PS Ratio is 0.68 as of Aug. 08, 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 ITL Industries (BOM:522183) Overvalued in 2026?

Based on GuruFocus' analysis, ITL Industries stock appears to be undervalued. The current stock price of ₹315.95 is trading 27.6% below its estimated GF Value™ of ₹436.27. GuruFocus considers ITL Industries to be Modestly Undervalued.

Key valuation signals for BOM:522183:

  • Cyclically Adjusted PS Ratio: 0.68 (12% below median its 10-year median of 0.77)
  • GF Value™: ₹436.27 vs. price of ₹315.95 (27.6% below fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 60.2% below the Industrial Products median (#529 of 2293)

No single metric tells the full story. See the BOM:522183 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ITL Industries Business Description

Address 111, Sector -B, Sanwer Road, Industrial Area, Indore, MP, IND, 452015
ITL Industries Ltd is an India-based company engaged in designing, developing, and creating cutting-edge custom-built engineering equipment. It has two operating segments, Machine Manufacturing, which is the key revenue driver; and Trading Activities. The product portfolio includes Blades, Bandsaw, Circular sawing machines, Pipe manufacturing machines, and Power hacksaw machines, among others.
75GF Score

Get the complete analysis for BOM:522183

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

₹315.95
Price
₹436.27
GF Value