Indian Renewable Energy Development Agency (BOM:544026) Cyclically Adjusted PS Ratio: 3.64 (As of Sep. 22, 2026)

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:544026 Indian Renewable Energy Development Agency Ltd BOM:544026
55 GF Score
Price ₹111.00
GF Value ₹215.30
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Indian Renewable Energy Development Agency Cyclically Adjusted PS Ratio?

Indian Renewable Energy Development Agency BOM:544026 +2.71% 55 Cyclically Adjusted PS Ratio is 3.64 as of Sep. 22, 2026. GuruFocus rates BOM:544026 with a GF Score™ of 55/100 and a GF Value™ of ₹215.30 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 421 Credit Services companies, Indian Renewable Energy Development Agency ranks worse than 237529.45% on this metric.

As of today (2026-09-22), Indian Renewable Energy Development Agency's current share price is ₹111.00. Indian Renewable Energy Development Agency's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was ₹30.54. Indian Renewable Energy Development Agency's Cyclically Adjusted PS Ratio for today is 3.64.

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

BOM:544026's Cyclically Adjusted PS Ratio is not ranked *
in the Credit Services industry.
Industry Median: 2.98
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Indian Renewable Energy Development Agency's adjusted revenue per share data of for the fiscal year that ended in Mar26 was ₹29.533. 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 ₹30.54 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indian Renewable Energy Development Agency  (BOM:544026) 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.


Indian Renewable Energy Development Agency Cyclically Adjusted PS Ratio Related Terms


Indian Renewable Energy Development Agency Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Indian Renewable Energy Development Agency'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.

Indian Renewable Energy Development Agency Cyclically Adjusted PS Ratio Chart

Indian Renewable Energy Development Agency 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 - - 5.04 5.66 3.58

Indian Renewable Energy Development Agency 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 5.91 5.09 4.76 3.58 4.14

BOM:544026 vs V, MA, AXP: Cyclically Adjusted PS Ratio Comparison

For the Credit Services subindustry, Indian Renewable Energy Development Agency'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.


Indian Renewable Energy Development Agency Cyclically Adjusted PS Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Indian Renewable Energy Development Agency's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Indian Renewable Energy Development Agency's Cyclically Adjusted PS Ratio falls into.


BOM:544026
55GF Score
Indian Renewable Energy Development Agency Ltd BOM:544026
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indian Renewable Energy Development Agency 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.

Indian Renewable Energy Development Agency's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=111.00/30.535
=3.64

* 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.

Indian Renewable Energy Development Agency's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Indian Renewable Energy Development Agency's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=29.533/164.2724*164.2724
=29.533

Current CPI (Mar26) = 164.2724.

Indian Renewable Energy Development Agency Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 16.981 105.196 26.517
201803 21.481 109.786 32.142
201903 24.564 118.202 34.138
202003 28.749 124.705 37.871
202103 32.585 131.771 40.622
202203 35.733 138.822 42.284
202303 14.948 146.865 16.720
202403 18.341 153.035 19.688
202503 24.777 157.552 25.834
202603 29.533 164.272 29.533

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 3.64 mean?
Indian Renewable Energy Development Agency (BOM:544026) has a Cyclically Adjusted PS Ratio of 3.64 as of Sep. 22, 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 Indian Renewable Energy Development Agency and its competitors. According to the industry distribution chart, Indian Renewable Energy Development Agency ranks #999999 out of 421 companies in the Credit Services industry.
Is Indian Renewable Energy Development Agency's Cyclically Adjusted PS Ratio too high?
Indian Renewable Energy Development Agency's current Cyclically Adjusted PS Ratio is 3.64. The Credit Services industry median Cyclically Adjusted PS Ratio is 2.98. Indian Renewable Energy Development Agency's value of 3.64 is 22.1% above this industry median. Based on the distribution chart, Indian Renewable Energy Development Agency ranks #999999 out of 421 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Indian Renewable Energy Development Agency has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Indian Renewable Energy Development Agency's Cyclically Adjusted PS Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Indian Renewable Energy Development Agency ranks #999999 out of 421 companies for Cyclically Adjusted PS Ratio. This places Indian Renewable Energy Development Agency in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.98. Indian Renewable Energy Development Agency's value of 3.64 is 22.1% above this benchmark. 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 Credit Services company?
The median Cyclically Adjusted PS Ratio among Credit Services companies is 2.98, based on 421 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. Indian Renewable Energy Development Agency's current Cyclically Adjusted PS Ratio of 3.64 is 22.1% 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 Indian Renewable Energy Development Agency and its competitors. For the Credit Services industry, the median Cyclically Adjusted PS Ratio is 2.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Renewable Energy Development Agency's current Cyclically Adjusted PS Ratio is 3.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Renewable Energy Development Agency stock overvalued right now?
Based on GuruFocus' analysis, Indian Renewable Energy Development Agency (BOM:544026) is currently considered Possible Value Trap. The stock's GF Value™ is ₹215.30, compared to a current price of ₹111.00 — trading 48.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.64 and 22.1% above the Credit Services industry median of 2.98. Indian Renewable Energy Development Agency's overall GF Score™ is 55/100 with 6 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 Indian Renewable Energy Development Agency (BOM:544026), the current Cyclically Adjusted PS Ratio is 3.64 as of Sep. 22, 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 Indian Renewable Energy Development Agency (BOM:544026) Overvalued in 2026?

Based on GuruFocus' analysis, Indian Renewable Energy Development Agency stock appears to be undervalued. The current stock price of ₹111.00 is trading 48.4% below its estimated GF Value™ of ₹215.30. GuruFocus considers Indian Renewable Energy Development Agency to be Possible Value Trap.

Key valuation signals for BOM:544026:

  • Cyclically Adjusted PS Ratio: 3.64
  • GF Value™: ₹215.30 vs. price of ₹111.00 (48.4% below fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 22.1% above the Credit Services median (#999999 of 421)

No single metric tells the full story. See the BOM:544026 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indian Renewable Energy Development Agency Business Description

Other Exchanges IREDA:India
Address August Kranti Bhawan, 3rd Floor, Bhikaji Cama Place, New Delhi, IND, 110066
Indian Renewable Energy Development Agency Ltd is a wholly owned Government of India (GoI) enterprise under the administrative control of the Ministry of New and Renewable Energy. The company operates in two segments: Financing activities in the Renewable Energy (RE) & Energy Efficiency (EE) sector and Generation of power through Solar Plant operations at Kasaragod, Kerala. Majority revenue for the company is genetrated from the segment of financing activities in the RE EE sector.
55GF Score

Get the complete analysis for BOM:544026

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

₹111.00
Price
₹215.30
GF Value