AIA Engineering (NSE:AIAENG) Cyclically Adjusted PS Ratio: 10.21 (As of Jul. 27, 2026) — 37% Above Median

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NSE:AIAENG AIA Engineering Ltd NSE:AIAENG
85 GF Score
Price ₹4,583.00
GF Value ₹3,587.65
Valuation Modestly Overvalued
! 8 Warning Signs
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What is AIA Engineering Cyclically Adjusted PS Ratio?

AIA Engineering NSE:AIAENG +0.02% 85 Cyclically Adjusted PS Ratio is 10.21 as of Jul. 27, 2026, which is 37% above its 10-year median of 7.45. GuruFocus rates NSE:AIAENG with a GF Score™ of 85/100 and a GF Value™ of ₹3,587.65 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 2,301 Industrial Products companies, AIA Engineering ranks worse than 93.79% on this metric.

As of today (2026-07-27), AIA Engineering's current share price is ₹4583.00. AIA Engineering's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹449.08. AIA Engineering's Cyclically Adjusted PS Ratio for today is 10.21.

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

NSE:AIAENG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.33   Med: 7.45   Max: 11.52
Current: 10.21

During the past years, AIA Engineering's highest Cyclically Adjusted PS Ratio was 11.52. The lowest was 4.33. And the median was 7.45.

NSE:AIAENG's Cyclically Adjusted PS Ratio is ranked worse than
93.79% of 2301 companies
in the Industrial Products industry
Industry Median: 1.71 vs NSE:AIAENG: 10.21

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.

AIA Engineering's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹134.084. 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 ₹449.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AIA Engineering  (NSE:AIAENG) 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.


AIA Engineering Cyclically Adjusted PS Ratio Related Terms


AIA Engineering Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for AIA Engineering'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.

AIA Engineering Cyclically Adjusted PS Ratio Chart

AIA Engineering Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.93 7.87 9.81 7.99 8.10

AIA Engineering 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 7.99 7.75 6.99 9.07 8.10

NSE:AIAENG vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, AIA Engineering'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.


AIA Engineering Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


NSE:AIAENG
85GF Score
AIA Engineering Ltd NSE:AIAENG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AIA Engineering 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.

AIA Engineering's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4583.00/449.08
=10.21

* 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.

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

For example, AIA Engineering'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)
=134.084/164.2724*164.2724
=134.084

Current CPI (Mar. 2026) = 164.2724.

AIA Engineering Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 49.610 105.961 76.911
201609 54.574 105.961 84.607
201612 60.825 105.196 94.983
201703 64.573 105.196 100.836
201706 58.816 107.109 90.206
201709 57.552 109.021 86.719
201712 58.967 109.404 88.540
201803 76.411 109.786 114.333
201806 73.275 111.317 108.134
201809 75.830 115.142 108.186
201812 74.226 115.142 105.898
201903 91.459 118.202 127.106
201906 75.699 120.880 102.873
201909 71.703 123.175 95.627
201912 71.136 126.235 92.571
202003 86.103 124.705 113.422
202006 59.544 127.000 77.019
202009 76.306 130.118 96.335
202012 72.849 130.889 91.429
202103 90.859 131.771 113.270
202106 77.421 134.084 94.852
202109 92.371 135.847 111.699
202112 88.336 138.161 105.031
202203 115.401 138.822 136.558
202206 112.856 142.347 130.239
202209 139.033 144.661 157.881
202212 128.285 145.763 144.575
202303 134.165 146.865 150.068
202306 129.359 150.280 141.403
202309 135.084 151.492 146.480
202312 121.556 152.924 130.576
202403 121.152 153.035 130.049
202406 106.518 155.789 112.318
202409 109.546 157.882 113.980
202412 112.535 158.323 116.764
202503 122.248 157.552 127.463
202506 109.960 159.755 113.069
202509 110.338 162.289 111.686
202512 112.347 163.281 113.029
202603 134.084 164.272 134.084

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 10.21 mean?
AIA Engineering (NSE:AIAENG) has a Cyclically Adjusted PS Ratio of 10.21 as of Jul. 27, 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 AIA Engineering and its competitors. This is 37% above median its historical median of 7.45. Over the past decade, AIA Engineering's Cyclically Adjusted PS Ratio has ranged from 4.33 to 11.52. According to the industry distribution chart, AIA Engineering ranks #2158 out of 2301 companies in the Industrial Products industry, placing it in the top 93.8%.
Is AIA Engineering's Cyclically Adjusted PS Ratio too high?
AIA Engineering's current Cyclically Adjusted PS Ratio of 10.21 is 37% above median its 10-year median of 7.45. Over the past 10 years, this metric has ranged from a low of 4.33 to a high of 11.52. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.71. AIA Engineering's value of 10.21 is 497.1% above this industry median. Based on the distribution chart, AIA Engineering ranks #2158 out of 2301 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, AIA Engineering has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AIA Engineering's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, AIA Engineering ranks #2158 out of 2301 companies for Cyclically Adjusted PS Ratio. This places AIA Engineering in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.71. AIA Engineering's value of 10.21 is 497.1% above this benchmark. Historically, AIA Engineering's own Cyclically Adjusted PS Ratio has ranged from 4.33 to 11.52 over the past decade. While the company's 10-year median is 7.45 vs. the industry median of 1.71, AIA Engineering 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 1.71, based on 2,301 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. AIA Engineering's current Cyclically Adjusted PS Ratio of 10.21 is 497.1% 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 AIA Engineering and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AIA Engineering's current Cyclically Adjusted PS Ratio is 10.21, which is 37% above median its own 10-year median of 7.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIA Engineering stock overvalued right now?
Based on GuruFocus' analysis, AIA Engineering (NSE:AIAENG) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹3,587.65, compared to a current price of ₹4,583.00 — trading 27.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 10.21, which is 37% above median its 10-year median of 7.45 and 497.1% above the Industrial Products industry median of 1.71. AIA Engineering's overall GF Score™ is 85/100 with 8 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 AIA Engineering (NSE:AIAENG), the current Cyclically Adjusted PS Ratio is 10.21 as of Jul. 27, 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 AIA Engineering (NSE:AIAENG) Overvalued in 2026?

Based on GuruFocus' analysis, AIA Engineering stock appears to be overvalued. The current stock price of ₹4,583.00 is trading 27.7% above its estimated GF Value™ of ₹3,587.65. GuruFocus considers AIA Engineering to be Modestly Overvalued.

Key valuation signals for NSE:AIAENG:

  • Cyclically Adjusted PS Ratio: 10.21 (37% above median its 10-year median of 7.45)
  • GF Value™: ₹3,587.65 vs. price of ₹4,583.00 (27.7% above fair value)
  • GF Score™: 85/100 with 8 warning signs
  • Industry Position: 497.1% above the Industrial Products median (#2158 of 2301)

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


AIA Engineering Business Description

Other Exchanges 532683:India
Address Off. S. G. Highway, Sindhu Bhavan Road, 11-12, Sigma Corporates, Behind HOF Showroom, Bodakdev, Ahmedabad, GJ, IND, 380054
AIA Engineering Ltd is an India-based company that develops, manufactures, and distributes chromium consumable wear parts, including grinding media, shell liners, diaphragms, grinding tables, heat-resistant castings, cone crushers, and others. The Company operates in only one Segment which is Manufacturing of High Chrome Mill Internals. The company's products are applied in the crushing/grinding processes in the cement, mining, thermal power, and other sectors. AIA Engineering Ltd generates the majority of its sales from markets outside of India. Vega Industries, a wholly-owned subsidiary of this company, is responsible for distributing the company's products outside India.
85GF Score

Get the complete analysis for NSE:AIAENG

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

₹4,583.00
Price
₹3,587.65
GF Value