Waaree Renewable Technologies (BOM:534618) Cyclically Adjusted PS Ratio: 11.70 (As of Aug. 31, 2026) — 63% Below Median

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BOM:534618 Waaree Renewable Technologies Ltd BOM:534618
65 GF Score
Price ₹878.90
! 4 Warning Signs
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What is Waaree Renewable Technologies Cyclically Adjusted PS Ratio?

Waaree Renewable Technologies BOM:534618 +0.47% 65 Cyclically Adjusted PS Ratio is 11.70 as of Aug. 31, 2026, which is 63% below its 10-year median of 32.00. GuruFocus rates BOM:534618 with a GF Score™ of 65/100. The stock has 4 warning signs investors should review. Among 1,364 Construction companies, Waaree Renewable Technologies ranks worse than 97.58% on this metric.

As of today (2026-08-31), Waaree Renewable Technologies's current share price is ₹878.90. Waaree Renewable Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹75.09. Waaree Renewable Technologies's Cyclically Adjusted PS Ratio for today is 11.70.

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

BOM:534618' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 11.66   Med: 32   Max: 176.75
Current: 11.71

During the past years, Waaree Renewable Technologies's highest Cyclically Adjusted PS Ratio was 176.75. The lowest was 11.66. And the median was 32.00.

BOM:534618's Cyclically Adjusted PS Ratio is ranked worse than
97.58% of 1364 companies
in the Construction industry
Industry Median: 0.71 vs BOM:534618: 11.71

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.

Waaree Renewable Technologies's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹88.437. 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 ₹75.09 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Waaree Renewable Technologies  (BOM:534618) 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.


Waaree Renewable Technologies Cyclically Adjusted PS Ratio Related Terms


Waaree Renewable Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Waaree Renewable Technologies'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.

Waaree Renewable Technologies Cyclically Adjusted PS Ratio Chart

Waaree Renewable Technologies 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 90.38 29.78 12.07

Waaree Renewable Technologies 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 27.22 23.30 18.03 12.07 13.56

BOM:534618 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Waaree Renewable Technologies'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.


Waaree Renewable Technologies Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Waaree Renewable Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:534618
65GF Score
Waaree Renewable Technologies Ltd BOM:534618
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Waaree Renewable Technologies 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.

Waaree Renewable Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=878.90/75.09
=11.70

* 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.

Waaree Renewable Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Waaree Renewable Technologies'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)
=88.437/167.3573*167.3573
=88.437

Current CPI (Jun. 2026) = 167.3573.

Waaree Renewable Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.015 102.901 0.024
201603 0.090 102.518 0.147
201606 0.029 105.961 0.046
201609 0.028 105.961 0.044
201612 -0.020 105.196 -0.032
201703 0.020 105.196 0.032
201706 0.104 107.109 0.162
201709 0.050 109.021 0.077
201712 0.064 109.404 0.098
201803 0.032 109.786 0.049
201903 0.000 118.202 0.000
201906 0.209 120.880 0.289
201909 0.122 123.175 0.166
201912 0.173 126.235 0.229
202003 0.071 124.705 0.095
202006 0.089 127.000 0.117
202009 0.090 130.118 0.116
202012 0.260 130.889 0.332
202103 0.814 131.771 1.034
202106 2.717 134.084 3.391
202109 1.085 135.847 1.337
202112 4.403 138.161 5.333
202203 7.457 138.822 8.990
202206 9.134 142.347 10.739
202209 11.537 144.661 13.347
202212 7.074 145.763 8.122
202303 5.868 146.865 6.687
202306 12.267 150.280 13.661
202309 14.297 151.492 15.794
202312 30.979 152.924 33.903
202403 26.169 153.035 28.618
202406 22.631 155.789 24.312
202409 50.351 157.882 53.373
202412 34.482 158.323 36.450
202503 45.619 157.552 48.458
202506 57.706 159.755 60.452
202509 74.150 162.289 76.466
202512 81.412 163.281 83.445
202603 105.754 164.272 107.740
202606 88.437 167.357 88.437

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 11.70 mean?
Waaree Renewable Technologies (BOM:534618) has a Cyclically Adjusted PS Ratio of 11.70 as of Aug. 31, 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 Waaree Renewable Technologies and its competitors. This is 63% below median its historical median of 32.00. Over the past decade, Waaree Renewable Technologies' Cyclically Adjusted PS Ratio has ranged from 11.66 to 176.75. According to the industry distribution chart, Waaree Renewable Technologies ranks #1331 out of 1364 companies in the Construction industry, placing it in the top 97.6%.
Is Waaree Renewable Technologies' Cyclically Adjusted PS Ratio too high?
Waaree Renewable Technologies' current Cyclically Adjusted PS Ratio of 11.70 is 63% below median its 10-year median of 32.00. Over the past 10 years, this metric has ranged from a low of 11.66 to a high of 176.75. The Construction industry median Cyclically Adjusted PS Ratio is 0.71. Waaree Renewable Technologies' value of 11.70 is 1547.9% above this industry median. Based on the distribution chart, Waaree Renewable Technologies ranks #1331 out of 1364 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Waaree Renewable Technologies has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Waaree Renewable Technologies' Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Waaree Renewable Technologies ranks #1331 out of 1364 companies for Cyclically Adjusted PS Ratio. This places Waaree Renewable Technologies in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.71. Waaree Renewable Technologies' value of 11.70 is 1547.9% above this benchmark. Historically, Waaree Renewable Technologies' own Cyclically Adjusted PS Ratio has ranged from 11.66 to 176.75 over the past decade. While the company's 10-year median is 32.00 vs. the industry median of 0.71, Waaree Renewable Technologies 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 Cyclically Adjusted PS Ratio for a Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.71, based on 1,364 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. Waaree Renewable Technologies's current Cyclically Adjusted PS Ratio of 11.70 is 1547.9% 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 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 Waaree Renewable Technologies and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waaree Renewable Technologies's current Cyclically Adjusted PS Ratio is 11.70, which is 63% below median its own 10-year median of 32.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waaree Renewable Technologies stock overvalued right now?
Waaree Renewable Technologies (BOM:534618) has a current Cyclically Adjusted PS Ratio of 11.70. The current Cyclically Adjusted PS Ratio is 11.70, which is 63% below median its 10-year median of 32.00 and 1547.9% above the Construction industry median of 0.71. Waaree Renewable Technologies' overall GF Score™ is 65/100 with 4 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 Waaree Renewable Technologies (BOM:534618), the current Cyclically Adjusted PS Ratio is 11.70 as of Aug. 31, 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.

Waaree Renewable Technologies Business Description

Other Exchanges WAAREERTL:India
Address Opposite Western Express Highway, 504, Western Edge - I, Borivali (East), Mumbai, MH, IND, 400066
Waaree Renewable Technologies Ltd is engaged in the business of generation of power and providing consultancy services. It offers sustainable partnerships by providing renewable energy solutions to industrial, institutional, and commercial sectors and improves their profitability through the long-term renewable power supply. It generates maximum revenue from the EPC Contracts. Its projects include Ground Mounted, Rooftop Solar and Floating Solar.
65GF Score

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

₹878.90
Price