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Adani Energy SolutionsNSE:ADANIENSOL -0.43%83 Cyclically Adjusted PS Ratio is 11.21 as of Aug. 23, 2026, which is 36% above its 10-year median of 8.27. GuruFocus rates NSE:ADANIENSOL with a GF Score™ of 83/100 and a GF Value™ of ₹1,540.19 (Fairly Valued). The stock has 6 warning signs investors should review. Among 271 Utilities - Independent Power Producers companies, Adani Energy Solutions ranks worse than 93.36% on this metric.
The historical rank and industry rank for Adani Energy Solutions's Cyclically Adjusted PS Ratio or its related term are showing as below:
NSE:ADANIENSOL'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.44 Med: 8.27 Max: 12.61
Current: 11.13
During the past years, Adani Energy Solutions's highest Cyclically Adjusted PS Ratio was 12.61. The lowest was 6.44. And the median was 8.27.
NSE:ADANIENSOL's Cyclically Adjusted PS Ratio is ranked worse than 93.36% of 271
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.64
vs NSE:ADANIENSOL: 11.13
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.
Adani Energy Solutions's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹80.879. 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 ₹137.58 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Adani Energy Solutions (NSE:ADANIENSOL) 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.
Adani Energy Solutions Cyclically Adjusted PS Ratio Related Terms
Adani Energy Solutions Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Adani Energy Solutions'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.
Adani Energy Solutions Cyclically Adjusted PS Ratio Chart
NSE:ADANIENSOL vs CEG, VST, NRG: Cyclically Adjusted PS Ratio Comparison
For the Utilities - Independent Power Producers subindustry, Adani Energy Solutions'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.
Adani Energy Solutions Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Adani Energy Solutions's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Adani Energy Solutions's Cyclically Adjusted PS Ratio falls into.
Adani Energy Solutions 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.
* 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.
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 11.21 mean?
Adani Energy Solutions (NSE:ADANIENSOL) has a Cyclically Adjusted PS Ratio of 11.21 as of Aug. 23, 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 Adani Energy Solutions and its competitors. This is 36% above median its historical median of 8.27. Over the past decade, Adani Energy Solutions' Cyclically Adjusted PS Ratio has ranged from 6.44 to 12.61. According to the industry distribution chart, Adani Energy Solutions ranks #253 out of 271 companies in the Utilities - Independent Power Producers industry, placing it in the top 93.4%.
Is Adani Energy Solutions' Cyclically Adjusted PS Ratio too high?
Adani Energy Solutions' current Cyclically Adjusted PS Ratio of 11.21 is 36% above median its 10-year median of 8.27. Over the past 10 years, this metric has ranged from a low of 6.44 to a high of 12.61. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.64. Adani Energy Solutions' value of 11.21 is 583.5% above this industry median. Based on the distribution chart, Adani Energy Solutions ranks #253 out of 271 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Adani Energy Solutions has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Adani Energy Solutions' Cyclically Adjusted PS Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Adani Energy Solutions ranks #253 out of 271 companies for Cyclically Adjusted PS Ratio. This places Adani Energy Solutions in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.64. Adani Energy Solutions' value of 11.21 is 583.5% above this benchmark. Historically, Adani Energy Solutions' own Cyclically Adjusted PS Ratio has ranged from 6.44 to 12.61 over the past decade. While the company's 10-year median is 8.27 vs. the industry median of 1.64, Adani Energy Solutions 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 Utilities - Independent Power Producers company?
The median Cyclically Adjusted PS Ratio among Utilities - Independent Power Producers companies is 1.64, based on 271 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. Adani Energy Solutions's current Cyclically Adjusted PS Ratio of 11.21 is 583.5% 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 Adani Energy Solutions and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adani Energy Solutions's current Cyclically Adjusted PS Ratio is 11.21, which is 36% above median its own 10-year median of 8.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adani Energy Solutions stock overvalued right now?
Based on GuruFocus' analysis, Adani Energy Solutions (NSE:ADANIENSOL) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,540.19, compared to a current price of ₹1,541.90 — trading 0.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 11.21, which is 36% above median its 10-year median of 8.27 and 583.5% above the Utilities - Independent Power Producers industry median of 1.64. Adani Energy Solutions' overall GF Score™ is 83/100 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 Adani Energy Solutions (NSE:ADANIENSOL), the current Cyclically Adjusted PS Ratio is 11.21 as of Aug. 23, 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 Adani Energy Solutions (NSE:ADANIENSOL) Overvalued in 2026?
Based on GuruFocus' analysis, Adani Energy Solutions stock appears to be overvalued.
The current stock price of ₹1,541.90 is trading 0.1% above its estimated GF Value™ of ₹1,540.19.
GuruFocus considers Adani Energy Solutions to be Fairly Valued.
Key valuation signals for NSE:ADANIENSOL:
Cyclically Adjusted PS Ratio: 11.21 (36% above median its 10-year median of 8.27)
GF Value™: ₹1,540.19 vs. price of ₹1,541.90 (0.1% above fair value)
Industry Position: 583.5% above the Utilities - Independent Power Producers median (#253 of 271)
No single metric tells the full story. See the NSE:ADANIENSOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adani Energy Solutions Ltd operates in India and deals in the trading of various bullions and other commodities. It has entered into business opportunities through Optical Ground Wire (OPGW) fibres on transmission lines with the ambition of expanding its telecom solutions to Telcos, Internet Service Providers, and long-distance communication operators. The commercialization of the network is carried out through leasing spare capacities to communication players. It also offers utility services related to telecommunications and fibre connectivity, and business operations include the construction and development of transmission infrastructure assets. It operates through the Transmission, Distribution, Smart Meter, Trading, and Others segments, with Distribution generating the maximum revenue.
83GF Score
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