Altern Energy (KAR:ALTN) Cyclically Adjusted PS Ratio: 0.12 (As of Aug. 01, 2026) — 52% Below Median

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.

KAR:ALTN Altern Energy Ltd KAR:ALTN
44 GF Score
Price ₨7.45
GF Value ₨0.71
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Altern Energy Cyclically Adjusted PS Ratio?

Altern Energy KAR:ALTN -3.87% 44 Cyclically Adjusted PS Ratio is 0.12 as of Aug. 01, 2026, which is 52% below its 10-year median of 0.25. GuruFocus rates KAR:ALTN with a GF Score™ of 44/100 and a GF Value™ of ₨0.71 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 270 Utilities - Independent Power Producers companies, Altern Energy ranks better than 93.7% on this metric.

As of today (2026-08-01), Altern Energy's current share price is ₨7.45. Altern Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₨60.45. Altern Energy's Cyclically Adjusted PS Ratio for today is 0.12.

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

KAR:ALTN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.25   Max: 0.39
Current: 0.13

During the past years, Altern Energy's highest Cyclically Adjusted PS Ratio was 0.39. The lowest was 0.13. And the median was 0.25.

KAR:ALTN's Cyclically Adjusted PS Ratio is ranked better than
93.7% of 270 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.69 vs KAR:ALTN: 0.13

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.

Altern Energy's adjusted revenue per share data for the three months ended in Mar. 2026 was ₨0.134. 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 ₨60.45 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Altern Energy  (KAR:ALTN) 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.


Altern Energy Cyclically Adjusted PS Ratio Related Terms


Altern Energy Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Altern 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.

Altern Energy Cyclically Adjusted PS Ratio Chart

Altern Energy Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.21 0.36 0.00

Altern Energy 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 0.00 0.00 0.21 0.00 0.13

KAR:ALTN vs CEG, VST, NRG: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Independent Power Producers subindustry, Altern 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.


Altern Energy Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Altern Energy's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


KAR:ALTN
44GF Score
Altern Energy Ltd KAR:ALTN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Altern 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.45/60.45
=0.12

* 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.

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

For example, Altern Energy'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)
=0.134/330.2130*330.2130
=0.134

Current CPI (Mar. 2026) = 330.2130.

Altern Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 18.983 241.018 26.008
201609 20.887 241.428 28.568
201612 24.910 241.432 34.070
201703 10.766 243.801 14.582
201706 20.509 244.955 27.647
201709 20.568 246.819 27.517
201712 16.675 246.524 22.336
201803 22.775 249.554 30.136
201806 26.511 251.989 34.741
201809 19.897 252.439 26.027
201812 7.967 251.233 10.472
201903 4.166 254.202 5.412
201906 22.846 256.143 29.452
201909 11.684 256.759 15.027
201912 7.439 256.974 9.559
202003 3.058 258.115 3.912
202006 6.576 257.797 8.423
202009 7.144 260.280 9.063
202012 6.355 260.474 8.056
202103 4.733 264.877 5.900
202106 15.873 271.696 19.292
202109 16.282 274.310 19.600
202112 7.708 278.802 9.129
202203 0.619 287.504 0.711
202206 27.061 296.311 30.157
202209 10.211 296.808 11.360
202212 7.347 296.797 8.174
202303 8.621 301.836 9.432
202306 20.179 305.109 21.839
202309 4.788 307.789 5.137
202312 8.333 306.746 8.970
202403 5.971 312.332 6.313
202406 7.373 314.175 7.749
202409 14.108 315.301 14.775
202412 7.821 315.605 8.183
202503 0.000 319.799 0.000
202506 0.000 322.561 0.000
202509 1.276 324.800 1.297
202512 0.000 324.054 0.000
202603 0.134 330.213 0.134

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 0.12 mean?
Altern Energy (KAR:ALTN) has a Cyclically Adjusted PS Ratio of 0.12 as of Aug. 01, 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 Altern Energy and its competitors. This is 52% below median its historical median of 0.25. Over the past decade, Altern Energy's Cyclically Adjusted PS Ratio has ranged from 0.13 to 0.39. According to the industry distribution chart, Altern Energy ranks #17 out of 270 companies in the Utilities - Independent Power Producers industry, placing it in the top 6.3%.
Is Altern Energy's Cyclically Adjusted PS Ratio too high?
Altern Energy's current Cyclically Adjusted PS Ratio of 0.12 is 52% below median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.39. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.69. Altern Energy's value of 0.12 is 92.9% below this industry median. Based on the distribution chart, Altern Energy ranks #17 out of 270 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Altern Energy has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altern Energy's Cyclically Adjusted PS Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Altern Energy ranks #17 out of 270 companies for Cyclically Adjusted PS Ratio. This places Altern Energy in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.69. Altern Energy's value of 0.12 is 92.9% below this benchmark. Historically, Altern Energy's own Cyclically Adjusted PS Ratio has ranged from 0.13 to 0.39 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 1.69, Altern 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 - Independent Power Producers company?
The median Cyclically Adjusted PS Ratio among Utilities - Independent Power Producers companies is 1.69, based on 270 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. Altern Energy's current Cyclically Adjusted PS Ratio of 0.12 is 92.9% 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 Altern Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altern Energy's current Cyclically Adjusted PS Ratio is 0.12, which is 52% below median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altern Energy stock overvalued right now?
Based on GuruFocus' analysis, Altern Energy (KAR:ALTN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨0.71, compared to a current price of ₨7.45 — trading 949.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.12, which is 52% below median its 10-year median of 0.25 and 92.9% below the Utilities - Independent Power Producers industry median of 1.69. Altern Energy's overall GF Score™ is 44/100 with 5 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 Altern Energy (KAR:ALTN), the current Cyclically Adjusted PS Ratio is 0.12 as of Aug. 01, 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 Altern Energy (KAR:ALTN) Overvalued in 2026?

Based on GuruFocus' analysis, Altern Energy stock appears to be overvalued. The current stock price of ₨7.45 is trading 949.3% above its estimated GF Value™ of ₨0.71. GuruFocus considers Altern Energy to be Significantly Overvalued.

Key valuation signals for KAR:ALTN:

  • Cyclically Adjusted PS Ratio: 0.12 (52% below median its 10-year median of 0.25)
  • GF Value™: ₨0.71 vs. price of ₨7.45 (949.3% above fair value)
  • GF Score™: 44/100 with 5 warning signs
  • Industry Position: 92.9% below the Utilities - Independent Power Producers median (#17 of 270)

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


Altern Energy Business Description

Address 18 Kilometer, Ferozepur Road, Descon Headquarters, Lahore, PB, PAK
Altern Energy Ltd generates and supplies electric power to the Water and Power Development Authority of Pakistan from its thermal power plant. It operates in the engineering, power, chemicals, and agriculture sectors. The company's principal activity is to build, own, operate, and maintain a gas-fired power plant having a gross capacity of 32 Mega Watts.
44GF Score

Get the complete analysis for KAR:ALTN

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

₨7.45
Price
₨0.71
GF Value