BF Utilities (NSE:BFUTILITIE) Cyclically Adjusted PS Ratio: 2.65 (As of Aug. 21, 2026) — 32% Below Median

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NSE:BFUTILITIE BF Utilities Ltd NSE:BFUTILITIE
85 GF Score
Price ₹528.45
GF Value ₹797.28
Valuation Significantly Undervalued
! 3 Warning Signs
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What is BF Utilities Cyclically Adjusted PS Ratio?

BF Utilities NSE:BFUTILITIE -0.41% 85 Cyclically Adjusted PS Ratio is 2.65 as of Aug. 21, 2026, which is 32% below its 10-year median of 3.89. GuruFocus rates NSE:BFUTILITIE with a GF Score™ of 85/100 and a GF Value™ of ₹797.28 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,372 Construction companies, BF Utilities ranks worse than 84.4% on this metric.

As of today (2026-08-21), BF Utilities's current share price is ₹528.45. BF Utilities's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was ₹199.04. BF Utilities's Cyclically Adjusted PS Ratio for today is 2.65.

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

NSE:BFUTILITIE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.93   Med: 3.89   Max: 5.67
Current: 2.66

During the past years, BF Utilities's highest Cyclically Adjusted PS Ratio was 5.67. The lowest was 1.93. And the median was 3.89.

NSE:BFUTILITIE's Cyclically Adjusted PS Ratio is ranked worse than
84.4% of 1372 companies
in the Construction industry
Industry Median: 0.7 vs NSE:BFUTILITIE: 2.66

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.

BF Utilities's adjusted revenue per share data for the three months ended in Dec. 2025 was ₹62.354. 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 ₹199.04 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


BF Utilities  (NSE:BFUTILITIE) 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.


BF Utilities Cyclically Adjusted PS Ratio Related Terms


BF Utilities Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for BF Utilities'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.

BF Utilities Cyclically Adjusted PS Ratio Chart

BF Utilities Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 3.97

BF Utilities Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 5.19 3.97 4.08 3.95 3.34

BF Utilities Cyclically Adjusted PS Ratio Competitor Comparison

For the Infrastructure Operations subindustry, BF Utilities'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.


BF Utilities Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, BF Utilities's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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

BF Utilities 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.

BF Utilities's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=528.45/199.04
=2.65

* 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.

BF Utilities's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, BF Utilities's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=62.354/163.2808*163.2808
=62.354

Current CPI (Dec. 2025) = 163.2808.

BF Utilities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201009 0.000 68.473 0.000
201109 0.000 75.359 0.000
201209 0.000 82.244 0.000
201309 0.000 91.042 0.000
201409 0.000 96.780 0.000
201509 0.000 101.753 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 29.253 111.317 42.909
201809 30.280 115.142 42.940
201812 30.216 115.142 42.849
201903 29.222 118.202 40.366
201906 30.338 120.880 40.980
201909 29.919 123.175 39.661
201912 28.870 126.235 37.342
202003 52.953 124.705 69.333
202006 13.974 127.000 17.966
202009 24.764 130.118 31.076
202012 29.555 130.889 36.869
202103 29.835 131.771 36.969
202106 21.204 134.084 25.821
202109 30.262 135.847 36.373
202112 37.495 138.161 44.312
202203 47.407 138.822 55.760
202206 51.588 142.347 59.174
202209 42.639 144.661 48.127
202212 43.979 145.763 49.264
202303 63.385 146.865 70.470
202306 69.871 150.280 75.916
202309 57.988 151.492 62.501
202312 65.166 152.924 69.579
202403 64.145 153.035 68.440
202406 52.443 155.789 54.965
202409 58.769 157.882 60.779
202412 55.698 158.323 57.442
202503 54.945 157.552 56.943
202506 56.147 159.755 57.386
202509 61.492 162.289 61.868
202512 62.354 163.281 62.354

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 2.65 mean?
BF Utilities (NSE:BFUTILITIE) has a Cyclically Adjusted PS Ratio of 2.65 as of Aug. 21, 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 BF Utilities and its competitors. This is 32% below median its historical median of 3.89. Over the past decade, BF Utilities' Cyclically Adjusted PS Ratio has ranged from 1.93 to 5.67. According to the industry distribution chart, BF Utilities ranks #1158 out of 1372 companies in the Construction industry, placing it in the top 84.4%.
Is BF Utilities' Cyclically Adjusted PS Ratio too high?
BF Utilities' current Cyclically Adjusted PS Ratio of 2.65 is 32% below median its 10-year median of 3.89. Over the past 10 years, this metric has ranged from a low of 1.93 to a high of 5.67. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. BF Utilities' value of 2.65 is 278.6% above this industry median. Based on the distribution chart, BF Utilities ranks #1158 out of 1372 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, BF Utilities has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BF Utilities' Cyclically Adjusted PS Ratio compare to competitors?
According to the Construction industry distribution chart, BF Utilities ranks #1158 out of 1372 companies for Cyclically Adjusted PS Ratio. This places BF Utilities in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. BF Utilities' value of 2.65 is 278.6% above this benchmark. Historically, BF Utilities' own Cyclically Adjusted PS Ratio has ranged from 1.93 to 5.67 over the past decade. While the company's 10-year median is 3.89 vs. the industry median of 0.70, BF Utilities 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 a Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,372 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. BF Utilities's current Cyclically Adjusted PS Ratio of 2.65 is 278.6% 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 BF Utilities and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BF Utilities's current Cyclically Adjusted PS Ratio is 2.65, which is 32% below median its own 10-year median of 3.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BF Utilities stock overvalued right now?
Based on GuruFocus' analysis, BF Utilities (NSE:BFUTILITIE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹797.28, compared to a current price of ₹528.45 — trading 33.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.65, which is 32% below median its 10-year median of 3.89 and 278.6% above the Construction industry median of 0.70. BF Utilities' overall GF Score™ is 85/100 with 3 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 BF Utilities (NSE:BFUTILITIE), the current Cyclically Adjusted PS Ratio is 2.65 as of Aug. 21, 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 BF Utilities (NSE:BFUTILITIE) Overvalued in 2026?

Based on GuruFocus' analysis, BF Utilities stock appears to be undervalued. The current stock price of ₹528.45 is trading 33.7% below its estimated GF Value™ of ₹797.28. GuruFocus considers BF Utilities to be Significantly Undervalued.

Key valuation signals for NSE:BFUTILITIE:

  • Cyclically Adjusted PS Ratio: 2.65 (32% below median its 10-year median of 3.89)
  • GF Value™: ₹797.28 vs. price of ₹528.45 (33.7% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 278.6% above the Construction median (#1158 of 1372)

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


BF Utilities Business Description

Other Exchanges 532430:India
Address Pune Cantonment, Mundhwa, Pune, MH, IND, 411036
BF Utilities Ltd is a holding company operating through two segments Wind Energy and Infrastructure. The Infrastructure segments are involved in the construction of highways, roads, bridges, culverts, and many more, while its Wind Energy segment represents the operation of wind farms in select states of India. The majority of its revenue is derived from the Infrastructure segment.
85GF Score

Get the complete analysis for NSE:BFUTILITIE

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

₹528.45
Price
₹797.28
GF Value