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ITI (BOM:523610) Cyclically Adjusted PS Ratio : 10.66 (As of May. 31, 2025)


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What is ITI Cyclically Adjusted PS Ratio?

As of today (2025-05-31), ITI's current share price is ₹346.55. ITI's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ₹32.51. ITI's Cyclically Adjusted PS Ratio for today is 10.66.

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

BOM:523610' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.36   Med: 3.44   Max: 14
Current: 10.66

During the past years, ITI's highest Cyclically Adjusted PS Ratio was 14.00. The lowest was 2.36. And the median was 3.44.

BOM:523610's Cyclically Adjusted PS Ratio is ranked worse than
95.44% of 1841 companies
in the Hardware industry
Industry Median: 1.11 vs BOM:523610: 10.66

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.

ITI's adjusted revenue per share data for the three months ended in Mar. 2025 was ₹10.967. 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 ₹32.51 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


ITI Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ITI'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.

* Premium members only.

ITI Cyclically Adjusted PS Ratio Chart

ITI Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.12 2.76 2.71 8.10 7.63

ITI Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 8.10 9.73 7.89 11.85 7.63

Competitive Comparison of ITI's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, ITI'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.


ITI's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ITI's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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ITI 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.

ITI's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=346.55/32.51
=10.66

* 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.

ITI's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, ITI's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=10.967/157.5517*157.5517
=10.967

Current CPI (Mar. 2025) = 157.5517.

ITI Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 3.636 99.841 5.738
201509 13.735 101.753 21.267
201512 8.983 102.901 13.754
201603 16.047 102.518 24.661
201606 11.298 105.961 16.799
201609 9.681 105.961 14.395
201612 4.775 105.196 7.152
201703 12.907 105.196 19.331
201706 3.132 107.109 4.607
201709 3.650 109.021 5.275
201712 3.950 109.404 5.688
201803 8.249 109.786 11.838
201806 2.103 111.317 2.976
201809 3.162 115.142 4.327
201812 6.279 115.142 8.592
201903 7.054 118.202 9.402
201906 1.872 120.880 2.440
201909 4.677 123.175 5.982
201912 8.809 126.235 10.994
202003 7.154 124.705 9.038
202006 1.790 127.000 2.221
202009 4.722 130.118 5.718
202012 5.314 130.889 6.396
202103 13.734 131.771 16.421
202106 2.452 134.084 2.881
202109 3.790 135.847 4.396
202112 1.468 138.161 1.674
202203 12.256 138.822 13.910
202206 1.785 142.347 1.976
202209 2.102 144.661 2.289
202212 2.721 145.763 2.941
202303 8.110 146.865 8.700
202306 1.650 150.280 1.730
202309 2.562 151.492 2.664
202312 2.684 152.924 2.765
202403 6.227 153.035 6.411
202406 5.411 155.789 5.472
202409 10.576 157.882 10.554
202412 10.794 158.323 10.741
202503 10.967 157.552 10.967

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.


ITI  (BOM:523610) 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.


ITI Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of ITI's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


ITI Business Description

Industry
Traded in Other Exchanges
Address
ITI Bhavan, Doorvani Nagar, Bangalore, KA, IND, 560016
ITI Ltd is an India based company, engages in the business of manufacturing, trading, and servicing of telecommunication equipment. Its products include global system for mobile communications (GSM)/code division multiple access (CDMA), defense products and diversified products. It offers a range of telecom products and solutions, including switching, transmission, access, and subscriber premises equipment. Geographically the company distributes its products primarily in India only.

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