ITMPF (ITM Power) Cyclically Adjusted PS Ratio: 50.00 (As of Jul. 14, 2026) — Near Median

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ITMPF ITM Power PLC ITMPF
78 GF Score
Price $1.50
GF Value $2.58
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is ITM Power Cyclically Adjusted PS Ratio?

ITM Power ITMPF -1.39% 78 Cyclically Adjusted PS Ratio is 50.00 as of Jul. 14, 2026, which is 1% below its 10-year median of 50.35. GuruFocus rates ITMPF with a GF Score™ of 78/100 and a GF Value™ of $2.58 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,296 Industrial Products companies, ITM Power ranks worse than 99.61% on this metric.

As of today (2026-07-14), ITM Power's current share price is $1.50. ITM Power's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Apr25 was $0.03. ITM Power's Cyclically Adjusted PS Ratio for today is 50.00.

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

ITMPF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 15.38   Med: 50.35   Max: 682
Current: 66.93

During the past 13 years, ITM Power's highest Cyclically Adjusted PS Ratio was 682.00. The lowest was 15.38. And the median was 50.35.

ITMPF's Cyclically Adjusted PS Ratio is ranked worse than
99.61% of 2296 companies
in the Industrial Products industry
Industry Median: 1.85 vs ITMPF: 66.93

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.

ITM Power's adjusted revenue per share data of for the fiscal year that ended in Apr25 was $0.055. 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 $0.03 for the trailing ten years ended in Apr25.

Shiller PE for Stocks: The True Measure of Stock Valuation


ITM Power  (OTCPK:ITMPF) 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.


ITM Power Cyclically Adjusted PS Ratio Related Terms


ITM Power Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for ITM Power'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.

ITM Power Cyclically Adjusted PS Ratio Chart

ITM Power Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 575.78 323.39 66.15 36.88 17.92

ITM Power Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 0.00 36.88 0.00 17.92 0.00

ITMPF vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, ITM Power'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.


ITM Power Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


ITMPF
78GF Score
ITM Power PLC ITMPF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ITM Power 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.

ITM Power's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.50/0.03
=50.00

* 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.

ITM Power's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Apr25 is calculated as:

For example, ITM Power's adjusted Revenue per Share data for the fiscal year that ended in Apr25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr25 (Change)*Current CPI (Apr25)
=0.055/137.7000*137.7000
=0.055

Current CPI (Apr25) = 137.7000.

ITM Power Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201604 0.015 100.600 0.021
201704 0.014 103.200 0.019
201804 0.016 105.500 0.021
201904 0.018 107.600 0.023
202004 0.010 108.600 0.013
202104 0.012 110.400 0.015
202204 0.013 119.000 0.015
202304 0.011 128.300 0.012
202404 0.034 132.200 0.035
202504 0.055 137.700 0.055

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 50.00 mean?
ITM Power (ITMPF) has a Cyclically Adjusted PS Ratio of 50.00 as of Jul. 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 ITM Power and its competitors. This is near median its historical median of 50.35. Over the past decade, ITM Power's Cyclically Adjusted PS Ratio has ranged from 15.38 to 682.00. According to the industry distribution chart, ITM Power ranks #2287 out of 2296 companies in the Industrial Products industry, placing it in the top 99.6%.
Is ITM Power's Cyclically Adjusted PS Ratio too high?
ITM Power's current Cyclically Adjusted PS Ratio of 50.00 is near median its 10-year median of 50.35. Over the past 10 years, this metric has ranged from a low of 15.38 to a high of 682.00. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.85. ITM Power's value of 50.00 is 2602.7% above this industry median. Based on the distribution chart, ITM Power ranks #2287 out of 2296 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, ITM Power has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ITM Power's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, ITM Power ranks #2287 out of 2296 companies for Cyclically Adjusted PS Ratio. This places ITM Power in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.85. ITM Power's value of 50.00 is 2602.7% above this benchmark. Historically, ITM Power's own Cyclically Adjusted PS Ratio has ranged from 15.38 to 682.00 over the past decade. While the company's 10-year median is 50.35 vs. the industry median of 1.85, ITM Power 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 1.85, based on 2,296 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. ITM Power's current Cyclically Adjusted PS Ratio of 50.00 is 2602.7% 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 ITM Power and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITM Power's current Cyclically Adjusted PS Ratio is 50.00, which is near median its own 10-year median of 50.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITM Power stock overvalued right now?
Based on GuruFocus' analysis, ITM Power (ITMPF) is currently considered Possible Value Trap. The stock's GF Value™ is $2.58, compared to a current price of $1.50 — trading 41.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 50.00, which is near median its 10-year median of 50.35 and 2602.7% above the Industrial Products industry median of 1.85. ITM Power's 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 ITM Power (ITMPF), the current Cyclically Adjusted PS Ratio is 50.00 as of Jul. 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 ITM Power (ITMPF) Overvalued in 2026?

Based on GuruFocus' analysis, ITM Power stock appears to be undervalued. The current stock price of $1.50 is trading 41.9% below its estimated GF Value™ of $2.58. GuruFocus considers ITM Power to be Possible Value Trap.

Key valuation signals for ITMPF:

  • Cyclically Adjusted PS Ratio: 50.00 (near median its 10-year median of 50.35)
  • GF Value™: $2.58 vs. price of $1.50 (41.9% below fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 2602.7% above the Industrial Products median (#2287 of 2296)

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


ITM Power Business Description

Other Exchanges ITMl:UKITM:UKIJ8:Germany
Address 2 Bessemer Park, Shepcote Lane, Sheffield, GBR, S9 1DZ
ITM Power PLC designs and manufactures integrated hydrogen energy systems for energy storage and clean fuel production. The company is also involved in the research and development of scientific and engineering projects; the development and manufacture of prototype products; and the sale of electrolyzer products such as HGas, HFuel, HPac. It offers a range of services including construction, consulting, and other services. Its primary geographic markets are the United Kingdom, the Rest of Europe, Germany, and with maximum revenue from the United Kingdom.
78GF Score

Get the complete analysis for ITMPF

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

$1.50
Price
$2.58
GF Value