Powell Industries (FRA:PW2) Cyclically Adjusted PS Ratio: 11.62 (As of Jul. 19, 2026) — 1634% Above Median

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FRA:PW2 Powell Industries Inc FRA:PW2
78 GF Score
Price €198.30
GF Value €65.46
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Powell Industries Cyclically Adjusted PS Ratio?

Powell Industries FRA:PW2 -7.29% 78 Cyclically Adjusted PS Ratio is 11.62 as of Jul. 19, 2026, which is 1634% above its 10-year median of 0.67. GuruFocus rates FRA:PW2 with a GF Score™ of 78/100 and a GF Value™ of €65.46 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,298 Industrial Products companies, Powell Industries ranks worse than 94.34% on this metric.

As of today (2026-07-19), Powell Industries's current share price is €198.30. Powell Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €17.06. Powell Industries's Cyclically Adjusted PS Ratio for today is 11.62.

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

FRA:PW2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.67   Max: 14.67
Current: 11.04

During the past years, Powell Industries's highest Cyclically Adjusted PS Ratio was 14.67. The lowest was 0.36. And the median was 0.67.

FRA:PW2's Cyclically Adjusted PS Ratio is ranked worse than
94.34% of 2298 companies
in the Industrial Products industry
Industry Median: 1.74 vs FRA:PW2: 11.04

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.

Powell Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was €7.013. 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 €17.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Powell Industries  (FRA:PW2) 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.


Powell Industries Cyclically Adjusted PS Ratio Related Terms


Powell Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Powell Industries'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.

Powell Industries Cyclically Adjusted PS Ratio Chart

Powell Industries Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.39 1.49 3.82 4.96

Powell Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.86 3.48 4.96 5.18 8.55

FRA:PW2 vs AYI, ENS, AEIS: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Powell Industries'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.


Powell Industries Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


FRA:PW2
78GF Score
Powell Industries Inc FRA:PW2
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Powell Industries 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.

Powell Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=198.30/17.06
=11.62

* 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.

Powell Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Powell Industries's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=7.013/330.2130*330.2130
=7.013

Current CPI (Mar. 2026) = 330.2130.

Powell Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.444 241.018 4.719
201609 3.370 241.428 4.609
201612 3.048 241.432 4.169
201703 2.851 243.801 3.861
201706 2.224 244.955 2.998
201709 2.316 246.819 3.099
201712 2.209 246.524 2.959
201803 2.384 249.554 3.155
201806 3.007 251.989 3.940
201809 3.345 252.439 4.376
201812 2.774 251.233 3.646
201903 3.138 254.202 4.076
201906 3.447 256.143 4.444
201909 3.819 256.759 4.912
201912 3.450 256.974 4.433
202003 3.914 258.115 5.007
202006 2.987 257.797 3.826
202009 2.771 260.280 3.516
202012 2.501 260.474 3.171
202103 2.839 264.877 3.539
202106 2.734 271.696 3.323
202109 3.042 274.310 3.662
202112 2.672 278.802 3.165
202203 3.279 287.504 3.766
202206 3.590 296.311 4.001
202209 4.511 296.808 5.019
202212 3.305 296.797 3.677
202303 4.393 301.836 4.806
202306 4.875 305.109 5.276
202309 5.358 307.789 5.748
202312 4.871 306.746 5.244
202403 6.417 312.332 6.784
202406 7.311 314.175 7.684
202409 6.765 315.301 7.085
202412 6.325 315.605 6.618
202503 7.057 319.799 7.287
202506 6.795 322.561 6.956
202509 6.954 324.800 7.070
202512 5.879 324.054 5.991
202603 7.013 330.213 7.013

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 11.62 mean?
Powell Industries (FRA:PW2) has a Cyclically Adjusted PS Ratio of 11.62 as of Jul. 19, 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 Powell Industries and its competitors. This is 1634% above median its historical median of 0.67. Over the past decade, Powell Industries' Cyclically Adjusted PS Ratio has ranged from 0.36 to 14.67. According to the industry distribution chart, Powell Industries ranks #2168 out of 2298 companies in the Industrial Products industry, placing it in the top 94.3%.
Is Powell Industries' Cyclically Adjusted PS Ratio too high?
Powell Industries' current Cyclically Adjusted PS Ratio of 11.62 is 1634% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 14.67. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.74. Powell Industries' value of 11.62 is 567.8% above this industry median. Based on the distribution chart, Powell Industries ranks #2168 out of 2298 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Powell Industries has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Powell Industries' Cyclically Adjusted PS Ratio compare to AYI and ENS?
According to the Industrial Products industry distribution chart, Powell Industries ranks #2168 out of 2298 companies for Cyclically Adjusted PS Ratio. This places Powell Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.74. Powell Industries' value of 11.62 is 567.8% above this benchmark. Historically, Powell Industries' own Cyclically Adjusted PS Ratio has ranged from 0.36 to 14.67 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 1.74, Powell Industries 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 1.74, based on 2,298 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. Powell Industries's current Cyclically Adjusted PS Ratio of 11.62 is 567.8% 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 Powell Industries and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Powell Industries's current Cyclically Adjusted PS Ratio is 11.62, which is 1634% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Powell Industries stock overvalued right now?
Based on GuruFocus' analysis, Powell Industries (FRA:PW2) is currently considered Significantly Overvalued. The stock's GF Value™ is €65.46, compared to a current price of €198.30 — trading 202.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 11.62, which is 1634% above median its 10-year median of 0.67 and 567.8% above the Industrial Products industry median of 1.74. Powell Industries' overall GF Score™ is 78/100 with 2 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 Powell Industries (FRA:PW2), the current Cyclically Adjusted PS Ratio is 11.62 as of Jul. 19, 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 Powell Industries (FRA:PW2) Overvalued in 2026?

Based on GuruFocus' analysis, Powell Industries stock appears to be overvalued. The current stock price of €198.30 is trading 202.9% above its estimated GF Value™ of €65.46. GuruFocus considers Powell Industries to be Significantly Overvalued.

Key valuation signals for FRA:PW2:

  • Cyclically Adjusted PS Ratio: 11.62 (1634% above median its 10-year median of 0.67)
  • GF Value™: €65.46 vs. price of €198.30 (202.9% above fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 567.8% above the Industrial Products median (#2168 of 2298)

No single metric tells the full story. See the FRA:PW2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Powell Industries Business Description

Address 8550 Mosley Road, Houston, TX, USA, 77075-1180
Powell Industries Inc is a United States-based company that develops, designs, manufactures, and services custom-engineered equipment and systems for electrical energy distribution, control, and monitoring. The company's principal products comprise integrated power control room substations, custom-engineered modules, electrical houses, traditional and arc-resistant distribution switchgear and control gear, and so on. These products are applied in oil and gas refining, offshore oil and gas production, petrochemical, pipeline, terminal, mining and metals, light-rail traction power, electric utility, pulp and paper, and other heavy industrial markets. The company generates the majority of its sales from the United States, and the rest from Canada, Europe, Asia Pacific, and other regions.
78GF Score

Get the complete analysis for FRA:PW2

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

€198.30
Price
€65.46
GF Value