Gujarat Energy (BOM:539336) Cyclically Adjusted PS Ratio: 1.09 (As of Sep. 02, 2026) — 52% Below Median

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BOM:539336 Gujarat Energy Ltd BOM:539336
84 GF Score
Price ₹262.35
GF Value ₹527.26
Valuation Possible Value Trap
! 7 Warning Signs
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What is Gujarat Energy Cyclically Adjusted PS Ratio?

Gujarat Energy BOM:539336 +3.23% 84 Cyclically Adjusted PS Ratio is 1.09 as of Sep. 02, 2026, which is 52% below its 10-year median of 2.26. GuruFocus rates BOM:539336 with a GF Score™ of 84/100 and a GF Value™ of ₹527.26 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 438 Utilities - Regulated companies, Gujarat Energy ranks better than 61.19% on this metric.

As of today (2026-09-02), Gujarat Energy's current share price is ₹262.35. Gujarat Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹241.17. Gujarat Energy's Cyclically Adjusted PS Ratio for today is 1.09.

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

BOM:539336' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.06   Med: 2.26   Max: 3.83
Current: 1.06

During the past years, Gujarat Energy's highest Cyclically Adjusted PS Ratio was 3.83. The lowest was 1.06. And the median was 2.26.

BOM:539336's Cyclically Adjusted PS Ratio is ranked better than
61.19% of 438 companies
in the Utilities - Regulated industry
Industry Median: 1.38 vs BOM:539336: 1.06

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.

Gujarat Energy's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹101.923. 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 ₹241.17 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gujarat Energy  (BOM:539336) 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.


Gujarat Energy Cyclically Adjusted PS Ratio Related Terms


Gujarat Energy Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Gujarat Energy'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.

Gujarat Energy Cyclically Adjusted PS Ratio Chart

Gujarat Energy 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 2.68 2.26 2.46 1.91 1.30

Gujarat Energy 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 2.20 1.92 1.81 1.30 1.36

BOM:539336 vs ATO, NI, UGI: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Gas subindustry, Gujarat Energy'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.


Gujarat Energy Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Gujarat Energy's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:539336
84GF Score
Gujarat Energy Ltd BOM:539336
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gujarat Energy 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.

Gujarat Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=262.35/241.17
=1.09

* 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.

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

For example, Gujarat Energy'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)
=101.923/167.3573*167.3573
=101.923

Current CPI (Jun. 2026) = 167.3573.

Gujarat Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 53.096 96.780 91.816
201503 8.514 97.163 14.665
201506 24.242 99.841 40.636
201509 22.776 101.753 37.461
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 25.584 111.317 38.464
201809 28.746 115.142 41.782
201812 30.828 115.142 44.808
201903 27.297 118.202 38.649
201906 37.984 120.880 52.589
201909 36.501 123.175 49.594
201912 36.456 126.235 48.332
202003 38.152 124.705 51.201
202006 15.766 127.000 20.776
202009 36.521 130.118 46.973
202012 41.164 130.889 52.633
202103 49.291 131.771 62.603
202106 44.001 134.084 54.920
202109 52.716 135.847 64.944
202112 74.903 138.161 90.732
202203 66.641 138.822 80.339
202206 75.135 142.347 88.336
202209 57.718 144.661 66.774
202212 53.543 145.763 61.475
202303 55.702 146.865 63.474
202306 54.985 150.280 61.233
202309 55.815 151.492 61.660
202312 57.065 152.924 62.451
202403 58.720 153.035 64.216
202406 64.593 155.789 69.389
202409 54.875 157.882 58.168
202412 60.323 158.323 63.765
202503 92.438 157.552 98.191
202506 85.001 159.755 89.046
202509 54.853 162.289 56.566
202512 53.195 163.281 54.523
202603 84.136 164.272 85.716
202606 101.923 167.357 101.923

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 1.09 mean?
Gujarat Energy (BOM:539336) has a Cyclically Adjusted PS Ratio of 1.09 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 Gujarat Energy and its competitors. This is 52% below median its historical median of 2.26. Over the past decade, Gujarat Energy's Cyclically Adjusted PS Ratio has ranged from 1.06 to 3.83. According to the industry distribution chart, Gujarat Energy ranks #170 out of 438 companies in the Utilities - Regulated industry, placing it in the top 38.8%.
Is Gujarat Energy's Cyclically Adjusted PS Ratio too high?
Gujarat Energy's current Cyclically Adjusted PS Ratio of 1.09 is 52% below median its 10-year median of 2.26. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 3.83. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.38. Gujarat Energy's value of 1.09 is 21% below this industry median. Based on the distribution chart, Gujarat Energy ranks #170 out of 438 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Gujarat Energy has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gujarat Energy's Cyclically Adjusted PS Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Gujarat Energy ranks #170 out of 438 companies for Cyclically Adjusted PS Ratio. This puts Gujarat Energy in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.38. Gujarat Energy's value of 1.09 is 21% below this benchmark. Historically, Gujarat Energy's own Cyclically Adjusted PS Ratio has ranged from 1.06 to 3.83 over the past decade. While the company's 10-year median is 2.26 vs. the industry median of 1.38, Gujarat Energy 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 Utilities - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.38, based on 438 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. Gujarat Energy's current Cyclically Adjusted PS Ratio of 1.09 is 21% 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 Gujarat Energy and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat Energy's current Cyclically Adjusted PS Ratio is 1.09, which is 52% below median its own 10-year median of 2.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Energy stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Energy (BOM:539336) is currently considered Possible Value Trap. The stock's GF Value™ is ₹527.26, compared to a current price of ₹262.35 — trading 50.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.09, which is 52% below median its 10-year median of 2.26 and 21% below the Utilities - Regulated industry median of 1.38. Gujarat Energy's overall GF Score™ is 84/100 with 7 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 Gujarat Energy (BOM:539336), the current Cyclically Adjusted PS Ratio is 1.09 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 Gujarat Energy (BOM:539336) Overvalued in 2026?

Based on GuruFocus' analysis, Gujarat Energy stock appears to be undervalued. The current stock price of ₹262.35 is trading 50.2% below its estimated GF Value™ of ₹527.26. GuruFocus considers Gujarat Energy to be Possible Value Trap.

Key valuation signals for BOM:539336:

  • Cyclically Adjusted PS Ratio: 1.09 (52% below median its 10-year median of 2.26)
  • GF Value™: ₹527.26 vs. price of ₹262.35 (50.2% below fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 21% below the Utilities - Regulated median (#170 of 438)

No single metric tells the full story. See the BOM:539336 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gujarat Energy Business Description

Other Exchanges GUJGASLTD:India
Address Infocity, Office No. 4 & 5, Ground Floor, IT Tower - 2, Gandhinagar, GJ, IND, 382009
Gujarat Energy Ltd, formerly Gujarat Gas Ltd is an India-based gas distribution company. Its activities include sale, purchase, supply, distribution, transport, trading in Natural Gas, Compressed natural gas, Liquefied natural gas, Liquefied petroleum gas, and other gaseous forms. The company transports the gas through pipelines, trucks, trains, or other suitable modes of transportation. It operates in the segment of the natural gas business. All the business activities of the company are carried out in India.
84GF Score

Get the complete analysis for BOM:539336

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

₹262.35
Price
₹527.26
GF Value