GTV Engineering (BOM:539479) Cyclically Adjusted PS Ratio: 2.99 (As of Sep. 14, 2026) — Near Median

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BOM:539479 GTV Engineering Ltd BOM:539479
79 GF Score
Price ₹60.17
GF Value ₹54.38
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is GTV Engineering Cyclically Adjusted PS Ratio?

GTV Engineering BOM:539479 -3.67% 79 Cyclically Adjusted PS Ratio is 2.99 as of Sep. 14, 2026, which is 7% below its 10-year median of 3.21. GuruFocus rates BOM:539479 with a GF Score™ of 79/100 and a GF Value™ of ₹54.38 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,302 Industrial Products companies, GTV Engineering ranks worse than 67.03% on this metric.

As of today (2026-09-14), GTV Engineering's current share price is ₹60.17. GTV Engineering's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹20.11. GTV Engineering's Cyclically Adjusted PS Ratio for today is 2.99.

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

BOM:539479' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.75   Med: 3.21   Max: 5.22
Current: 2.99

During the past years, GTV Engineering's highest Cyclically Adjusted PS Ratio was 5.22. The lowest was 1.75. And the median was 3.21.

BOM:539479's Cyclically Adjusted PS Ratio is ranked worse than
67.03% of 2302 companies
in the Industrial Products industry
Industry Median: 1.765 vs BOM:539479: 2.99

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.

GTV Engineering's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹7.017. 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 ₹20.11 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GTV Engineering  (BOM:539479) 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.


GTV Engineering Cyclically Adjusted PS Ratio Related Terms


GTV Engineering Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for GTV Engineering'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.

GTV Engineering Cyclically Adjusted PS Ratio Chart

GTV Engineering 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 2.73 2.80

GTV Engineering 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 4.18 3.52 2.91 2.80 3.90

BOM:539479 vs ATI, CRS, MLI: Cyclically Adjusted PS Ratio Comparison

For the Metal Fabrication subindustry, GTV Engineering'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.


GTV Engineering Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


BOM:539479
79GF Score
GTV Engineering Ltd BOM:539479
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GTV Engineering 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.

GTV Engineering's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=60.17/20.11
=2.99

* 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.

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

For example, GTV Engineering'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)
=7.017/167.3573*167.3573
=7.017

Current CPI (Jun. 2026) = 167.3573.

GTV Engineering Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.571 105.961 4.061
201612 2.781 105.196 4.424
201703 2.493 105.196 3.966
201706 2.500 107.109 3.906
201709 2.086 109.021 3.202
201712 3.046 109.404 4.660
201803 3.064 109.786 4.671
201806 3.185 111.317 4.788
201809 4.075 115.142 5.923
201812 3.035 115.142 4.411
201903 4.120 118.202 5.833
201906 2.990 120.880 4.140
201909 2.429 123.175 3.300
201912 4.334 126.235 5.746
202003 3.476 124.705 4.665
202006 1.650 127.000 2.174
202009 2.856 130.118 3.673
202012 3.718 130.889 4.754
202103 3.415 131.771 4.337
202106 2.758 134.084 3.442
202109 4.610 135.847 5.679
202112 5.813 138.161 7.041
202203 1.404 138.822 1.693
202206 5.658 142.347 6.652
202209 4.622 144.661 5.347
202212 4.351 145.763 4.996
202303 4.210 146.865 4.797
202306 4.025 150.280 4.482
202309 9.530 151.492 10.528
202312 5.349 152.924 5.854
202403 4.802 153.035 5.251
202406 6.967 155.789 7.484
202409 5.106 157.882 5.412
202412 5.141 158.323 5.434
202503 4.794 157.552 5.092
202506 3.483 159.755 3.649
202509 5.228 162.289 5.391
202512 6.116 163.281 6.269
202603 6.783 164.272 6.910
202606 7.017 167.357 7.017

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 2.99 mean?
GTV Engineering (BOM:539479) has a Cyclically Adjusted PS Ratio of 2.99 as of Sep. 14, 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 GTV Engineering and its competitors. This is near median its historical median of 3.21. Over the past decade, GTV Engineering's Cyclically Adjusted PS Ratio has ranged from 1.75 to 5.22. According to the industry distribution chart, GTV Engineering ranks #1543 out of 2302 companies in the Industrial Products industry, placing it in the top 67%.
Is GTV Engineering's Cyclically Adjusted PS Ratio too high?
GTV Engineering's current Cyclically Adjusted PS Ratio of 2.99 is near median its 10-year median of 3.21. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 5.22. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.77. GTV Engineering's value of 2.99 is 69.4% above this industry median. Based on the distribution chart, GTV Engineering ranks #1543 out of 2302 companies in the Industrial Products industry, which is below the industry midpoint. Overall, GTV Engineering has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GTV Engineering's Cyclically Adjusted PS Ratio compare to ATI and CRS?
According to the Industrial Products industry distribution chart, GTV Engineering ranks #1543 out of 2302 companies for Cyclically Adjusted PS Ratio. This places GTV Engineering in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.77. GTV Engineering's value of 2.99 is 69.4% above this benchmark. Historically, GTV Engineering's own Cyclically Adjusted PS Ratio has ranged from 1.75 to 5.22 over the past decade. While the company's 10-year median is 3.21 vs. the industry median of 1.77, GTV Engineering 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.77, based on 2,302 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. GTV Engineering's current Cyclically Adjusted PS Ratio of 2.99 is 69.4% 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 GTV Engineering and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GTV Engineering's current Cyclically Adjusted PS Ratio is 2.99, which is near median its own 10-year median of 3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GTV Engineering stock overvalued right now?
Based on GuruFocus' analysis, GTV Engineering (BOM:539479) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹54.38, compared to a current price of ₹60.17 — trading 10.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.99, which is near median its 10-year median of 3.21 and 69.4% above the Industrial Products industry median of 1.77. GTV Engineering's overall GF Score™ is 79/100 with 3 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 GTV Engineering (BOM:539479), the current Cyclically Adjusted PS Ratio is 2.99 as of Sep. 14, 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 GTV Engineering (BOM:539479) Overvalued in 2026?

Based on GuruFocus' analysis, GTV Engineering stock appears to be overvalued. The current stock price of ₹60.17 is trading 10.6% above its estimated GF Value™ of ₹54.38. GuruFocus considers GTV Engineering to be Modestly Overvalued.

Key valuation signals for BOM:539479:

  • Cyclically Adjusted PS Ratio: 2.99 (near median its 10-year median of 3.21)
  • GF Value™: ₹54.38 vs. price of ₹60.17 (10.6% above fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 69.4% above the Industrial Products median (#1543 of 2302)

No single metric tells the full story. See the BOM:539479 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GTV Engineering Business Description

Address New Industrial Area-II, Plot Number 216-217-218, Mandideep, District Raisen, Bhopal, MP, IND, 462046
GTV Engineering Ltd is mainly engaged in steel fabrication. Its product offerings include penstokes, distributor pipes, stator frames, boiler stacks, ball mills, coal bins, stove shells, gas coolers, anchor plates, grit cones, fan blades, etc. The company caters to the heavy engineering needs of its clients across various sectors such as steel, hydro, thermal, cement, mining and minerals, etc. Its primary business segments are: Hi-Tech Fabrication Engineering, Flour Division, and Agro Product Trading. The majority of its revenue is generated from the Hi-Tech Fabrication segment.
79GF Score

Get the complete analysis for BOM:539479

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

₹60.17
Price
₹54.38
GF Value