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Elecon Engineering CoNSE:ELECON +0.47%94 Cyclically Adjusted PS Ratio is 5.16 as of Aug. 30, 2026, which is 17% below its 10-year median of 6.22. GuruFocus rates NSE:ELECON with a GF Score™ of 94/100 and a GF Value™ of ₹656.20 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,284 Industrial Products companies, Elecon Engineering Co ranks worse than 81.13% on this metric.
The historical rank and industry rank for Elecon Engineering Co's Cyclically Adjusted PS Ratio or its related term are showing as below:
NSE:ELECON'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.96 Med: 6.22 Max: 9.33
Current: 5.15
During the past years, Elecon Engineering Co's highest Cyclically Adjusted PS Ratio was 9.33. The lowest was 1.96. And the median was 6.22.
NSE:ELECON's Cyclically Adjusted PS Ratio is ranked worse than 81.13% of 2284
companies
in the Industrial Products industry
Industry Median: 1.82
vs NSE:ELECON: 5.15
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.
Elecon Engineering Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹23.235. 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 ₹82.39 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Elecon Engineering Co (NSE:ELECON) 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.
Elecon Engineering Co Cyclically Adjusted PS Ratio Related Terms
Elecon Engineering Co Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Elecon Engineering Co'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.
Elecon Engineering Co Cyclically Adjusted PS Ratio Chart
NSE:ELECON vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison
For the Specialty Industrial Machinery subindustry, Elecon Engineering Co'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.
Elecon Engineering Co Cyclically Adjusted PS Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Elecon Engineering Co's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Elecon Engineering Co's Cyclically Adjusted PS Ratio falls into.
Elecon Engineering Co 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 5.16 mean?
Elecon Engineering Co (NSE:ELECON) has a Cyclically Adjusted PS Ratio of 5.16 as of Aug. 30, 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 Elecon Engineering Co and its competitors. This is 17% below median its historical median of 6.22. Over the past decade, Elecon Engineering Co's Cyclically Adjusted PS Ratio has ranged from 1.96 to 9.33. According to the industry distribution chart, Elecon Engineering Co ranks #1853 out of 2284 companies in the Industrial Products industry, placing it in the top 81.1%.
Is Elecon Engineering Co's Cyclically Adjusted PS Ratio too high?
Elecon Engineering Co's current Cyclically Adjusted PS Ratio of 5.16 is 17% below median its 10-year median of 6.22. Over the past 10 years, this metric has ranged from a low of 1.96 to a high of 9.33. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.82. Elecon Engineering Co's value of 5.16 is 183.5% above this industry median. Based on the distribution chart, Elecon Engineering Co ranks #1853 out of 2284 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Elecon Engineering Co has a GF Score™ of 94/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Elecon Engineering Co's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Elecon Engineering Co ranks #1853 out of 2284 companies for Cyclically Adjusted PS Ratio. This places Elecon Engineering Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.82. Elecon Engineering Co's value of 5.16 is 183.5% above this benchmark. Historically, Elecon Engineering Co's own Cyclically Adjusted PS Ratio has ranged from 1.96 to 9.33 over the past decade. While the company's 10-year median is 6.22 vs. the industry median of 1.82, Elecon Engineering Co 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 1.82, based on 2,284 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. Elecon Engineering Co's current Cyclically Adjusted PS Ratio of 5.16 is 183.5% 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 Elecon Engineering Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elecon Engineering Co's current Cyclically Adjusted PS Ratio is 5.16, which is 17% below median its own 10-year median of 6.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elecon Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Elecon Engineering Co (NSE:ELECON) is currently considered Possible Value Trap. The stock's GF Value™ is ₹656.20, compared to a current price of ₹425.25 — trading 35.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.16, which is 17% below median its 10-year median of 6.22 and 183.5% above the Industrial Products industry median of 1.82. Elecon Engineering Co's overall GF Score™ is 94/100 with 4 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 Elecon Engineering Co (NSE:ELECON), the current Cyclically Adjusted PS Ratio is 5.16 as of Aug. 30, 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 Elecon Engineering Co (NSE:ELECON) Overvalued in 2026?
Based on GuruFocus' analysis, Elecon Engineering Co stock appears to be undervalued.
The current stock price of ₹425.25 is trading 35.2% below its estimated GF Value™ of ₹656.20.
GuruFocus considers Elecon Engineering Co to be Possible Value Trap.
Key valuation signals for NSE:ELECON:
Cyclically Adjusted PS Ratio: 5.16 (17% below median its 10-year median of 6.22)
GF Value™: ₹656.20 vs. price of ₹425.25 (35.2% below fair value)
Industry Position: 183.5% above the Industrial Products median (#1853 of 2284)
No single metric tells the full story. See the NSE:ELECON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elecon Engineering Co Ltd is an India-based company engaged in the manufacturing of material handling equipment and industrial gears. It operates through two segments, namely, the Material Handling Equipment segment, which engages in the manufacturing of raw material handling systems, stackers, reclaimers, bagging and weighing machines, wagon and truck loaders, crushers, wagon tipplers, feeders, and port equipment; and Transmission Equipment segment, which manufactures material transmission equipment like gearboxes, couplings, and elevator traction machines. It generates maximum revenue from transmission equipment sales. The group has a business presence in India and Outside India.
94GF Score
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