Saif Power (KAR:SPWL) Cyclically Adjusted PS Ratio: (As of Sep. 21, 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.

KAR:SPWL Saif Power Ltd KAR:SPWL
64 GF Score
Price ₨7.96
GF Value ₨7.21
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Saif Power Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Saif Power  (KAR:SPWL) 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.


Saif Power Cyclically Adjusted PS Ratio Related Terms


Saif Power Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Saif 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.

Saif Power Cyclically Adjusted PS Ratio Chart

Saif Power Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.41 0.41 0.31 0.26

Saif Power 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 0.26 0.24 0.26 0.22 0.23

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

For the Utilities - Independent Power Producers subindustry, Saif 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.


Saif Power Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

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

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


KAR:SPWL
64GF Score
Saif Power Ltd KAR:SPWL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saif 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.

Saif Power's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Saif Power's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4.232/333.9520*333.9520
=4.232

Current CPI (Jun. 2026) = 333.9520.

Saif Power Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 8.160 241.428 11.287
201612 7.475 241.432 10.340
201703 7.308 243.801 10.010
201706 12.418 244.955 16.930
201709 8.477 246.819 11.470
201712 3.512 246.524 4.758
201803 10.554 249.554 14.123
201806 12.864 251.989 17.048
201809 13.850 252.439 18.322
201812 5.918 251.233 7.867
201903 6.181 254.202 8.120
201906 13.695 256.143 17.855
201909 14.495 256.759 18.853
201912 4.209 256.974 5.470
202003 4.357 258.115 5.637
202006 6.814 257.797 8.827
202009 8.172 260.280 10.485
202012 3.750 260.474 4.808
202103 4.517 264.877 5.695
202106 12.034 271.696 14.791
202109 17.112 274.310 20.833
202112 8.757 278.802 10.489
202203 2.981 287.504 3.463
202206 27.886 296.311 31.428
202209 21.460 296.808 24.146
202212 6.848 296.797 7.705
202303 5.317 301.836 5.883
202306 21.100 305.109 23.095
202309 19.129 307.789 20.755
202312 3.729 306.746 4.060
202403 2.754 312.332 2.945
202406 6.701 314.175 7.123
202409 11.623 315.301 12.311
202412 3.945 315.605 4.174
202503 3.283 319.799 3.428
202506 7.913 322.561 8.192
202509 6.753 324.800 6.943
202512 4.681 324.054 4.824
202603 2.055 330.213 2.078
202606 4.232 333.952 4.232

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.

Is Saif Power (KAR:SPWL) Overvalued in 2026?

Based on GuruFocus' analysis, Saif Power stock appears to be overvalued. The current stock price of ₨7.96 is trading 10.4% above its estimated GF Value™ of ₨7.21. GuruFocus considers Saif Power to be Fairly Valued.

Key valuation signals for KAR:SPWL:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₨7.21 vs. price of ₨7.96 (10.4% above fair value)
  • GF Score™: 64/100 with 6 warning signs

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


Saif Power Business Description

Address Fazal-ul-Haq Road, Block E, 1st Floor, Kashmir Commercial Complex, Blue Area, Islamabad, PB, PAK
Saif Power Ltd is an independent power producer based in Pakistan. Its principal activities are to own, operate and maintain a combined cycle power plant and sell the electricity to Central Power Purchasing Agency Guarantee (CPPA-G).
64GF Score

Get the complete analysis for KAR:SPWL

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

₨7.96
Price
₨7.21
GF Value