International Industries (KAR:INIL) Cyclically Adjusted PS Ratio: 0.21 (As of Jul. 25, 2026) — Near 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:INIL International Industries Ltd KAR:INIL
63 GF Score
Price ₨159.99
GF Value ₨180.64
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is International Industries Cyclically Adjusted PS Ratio?

International Industries KAR:INIL -0.86% 63 Cyclically Adjusted PS Ratio is 0.21 as of Jul. 25, 2026, which is 9% below its 10-year median of 0.23. GuruFocus rates KAR:INIL with a GF Score™ of 63/100 and a GF Value™ of ₨180.64 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 514 Steel companies, International Industries ranks better than 76.65% on this metric.

As of today (2026-07-25), International Industries's current share price is ₨159.99. International Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₨770.66. International Industries's Cyclically Adjusted PS Ratio for today is 0.21.

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

KAR:INIL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.23   Max: 0.33
Current: 0.21

During the past years, International Industries's highest Cyclically Adjusted PS Ratio was 0.33. The lowest was 0.18. And the median was 0.23.

KAR:INIL's Cyclically Adjusted PS Ratio is ranked better than
76.65% of 514 companies
in the Steel industry
Industry Median: 0.45 vs KAR:INIL: 0.21

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.

International Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was ₨231.438. 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 ₨770.66 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


International Industries  (KAR:INIL) 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.


International Industries Cyclically Adjusted PS Ratio Related Terms


International Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for International 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.

International Industries Cyclically Adjusted PS Ratio Chart

International Industries 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 0.00 0.28 0.25

International 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 0.23 0.25 0.31 0.25 0.18

KAR:INIL vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, International 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.


International Industries Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, International Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


KAR:INIL
63GF Score
International Industries Ltd KAR:INIL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

International 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=159.99/770.66
=0.21

* 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.

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

For example, International 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)
=231.438/330.2130*330.2130
=231.438

Current CPI (Mar. 2026) = 330.2130.

International Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 67.525 241.018 92.514
201609 68.712 241.428 93.981
201612 91.350 241.432 124.942
201703 86.629 243.801 117.333
201706 87.833 244.955 118.404
201709 107.722 246.819 144.119
201712 128.440 246.524 172.042
201803 129.407 249.554 171.233
201806 142.498 251.989 186.733
201809 115.406 252.439 150.961
201812 144.013 251.233 189.286
201903 168.484 254.202 218.864
201906 228.576 256.143 294.674
201909 122.084 256.759 157.010
201912 140.107 256.974 180.038
202003 133.870 258.115 171.263
202006 102.076 257.797 130.749
202009 160.654 260.280 203.819
202012 193.906 260.474 245.822
202103 194.452 264.877 242.417
202106 200.032 271.696 243.114
202109 242.124 274.310 291.468
202112 193.545 278.802 229.235
202203 264.616 287.504 303.925
202206 222.736 296.311 248.220
202209 169.315 296.808 188.371
202212 175.232 296.797 194.961
202303 238.451 301.836 260.869
202306 180.604 305.109 195.464
202309 205.816 307.789 220.811
202312 206.095 306.746 221.862
202403 191.258 312.332 202.208
202406 148.611 314.175 156.197
202409 142.995 315.301 149.758
202412 187.542 315.605 196.223
202503 149.020 319.799 153.873
202506 170.229 322.561 174.267
202509 211.361 324.800 214.883
202512 219.038 324.054 223.201
202603 231.438 330.213 231.438

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 0.21 mean?
International Industries (KAR:INIL) has a Cyclically Adjusted PS Ratio of 0.21 as of Jul. 25, 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 International Industries and its competitors. This is near median its historical median of 0.23. Over the past decade, International Industries' Cyclically Adjusted PS Ratio has ranged from 0.18 to 0.33. According to the industry distribution chart, International Industries ranks #120 out of 514 companies in the Steel industry, placing it in the top 23.3%.
Is International Industries' Cyclically Adjusted PS Ratio too high?
International Industries' current Cyclically Adjusted PS Ratio of 0.21 is near median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.33. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. International Industries' value of 0.21 is 53.3% below this industry median. Based on the distribution chart, International Industries ranks #120 out of 514 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, International Industries has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does International Industries' Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, International Industries ranks #120 out of 514 companies for Cyclically Adjusted PS Ratio. This places International Industries in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.45. International Industries' value of 0.21 is 53.3% below this benchmark. Historically, International Industries' own Cyclically Adjusted PS Ratio has ranged from 0.18 to 0.33 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.45, International Industries 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 a Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 514 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. International Industries's current Cyclically Adjusted PS Ratio of 0.21 is 53.3% 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 International Industries and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Industries's current Cyclically Adjusted PS Ratio is 0.21, which is near median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Industries stock overvalued right now?
Based on GuruFocus' analysis, International Industries (KAR:INIL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₨180.64, compared to a current price of ₨159.99 — trading 11.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.21, which is near median its 10-year median of 0.23 and 53.3% below the Steel industry median of 0.45. International Industries' overall GF Score™ is 63/100 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 International Industries (KAR:INIL), the current Cyclically Adjusted PS Ratio is 0.21 as of Jul. 25, 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 International Industries (KAR:INIL) Overvalued in 2026?

Based on GuruFocus' analysis, International Industries stock appears to be undervalued. The current stock price of ₨159.99 is trading 11.4% below its estimated GF Value™ of ₨180.64. GuruFocus considers International Industries to be Modestly Undervalued.

Key valuation signals for KAR:INIL:

  • Cyclically Adjusted PS Ratio: 0.21 (near median its 10-year median of 0.23)
  • GF Value™: ₨180.64 vs. price of ₨159.99 (11.4% below fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 53.3% below the Steel median (#120 of 514)

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


International Industries Business Description

Address 10 Beaumont Road, 101, Beaumont Plaza, Karachi, SD, PAK, 75530
International Industries Ltd is a Pakistan-based company mainly engaged in manufacturing and marketing steel pipes and tubes. Its product portfolio comprises galvanized iron (GI) pipe, cold rolled (CR) tube, scaffolding pipe, pre-galvanized tubes, metallic sprinkler pipes, hollow structural sections (HSS), PPRC pipes and fittings, MDPE gas pipes and fittings, HDPE water and HDPE duct pipes, etc. In addition, the company also offers scaffolding installation solutions. Its reportable segments are: Steel coils and sheets, which generate maximum revenue, Steel pipes, Polymer, and Investment. Geographically, the company operates in Pakistan and also exports its products to other markets such as Australia, North America, Europe, the United Kingdom, Southeast Asia, and the Middle East.
63GF Score

Get the complete analysis for KAR:INIL

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

₨159.99
Price
₨180.64
GF Value