Greaves Cotton (NSE:GREAVESCOT) Cyclically Adjusted PS Ratio: 1.71 (As of Aug. 07, 2026) — Near Median

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NSE:GREAVESCOT Greaves Cotton Ltd NSE:GREAVESCOT
77 GF Score
Price ₹201.55
GF Value ₹230.60
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Greaves Cotton Cyclically Adjusted PS Ratio?

Greaves Cotton NSE:GREAVESCOT +2.87% 77 Cyclically Adjusted PS Ratio is 1.71 as of Aug. 07, 2026, which is 7% below its 10-year median of 1.83. GuruFocus rates NSE:GREAVESCOT with a GF Score™ of 77/100 and a GF Value™ of ₹230.60 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,293 Industrial Products companies, Greaves Cotton ranks better than 50.11% on this metric.

As of today (2026-08-07), Greaves Cotton's current share price is ₹201.55. Greaves Cotton's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹117.67. Greaves Cotton's Cyclically Adjusted PS Ratio for today is 1.71.

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

NSE:GREAVESCOT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.13   Med: 1.83   Max: 2.08
Current: 1.71

During the past years, Greaves Cotton's highest Cyclically Adjusted PS Ratio was 2.08. The lowest was 1.13. And the median was 1.83.

NSE:GREAVESCOT's Cyclically Adjusted PS Ratio is ranked better than
50.11% of 2293 companies
in the Industrial Products industry
Industry Median: 1.71 vs NSE:GREAVESCOT: 1.71

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.

Greaves Cotton's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹41.581. 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 ₹117.67 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Greaves Cotton  (NSE:GREAVESCOT) 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.


Greaves Cotton Cyclically Adjusted PS Ratio Related Terms


Greaves Cotton Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Greaves Cotton'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.

Greaves Cotton Cyclically Adjusted PS Ratio Chart

Greaves Cotton 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 0.00 0.00 0.00 2.03 1.05

Greaves Cotton 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 1.89 1.92 1.70 1.05 1.87

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

For the Specialty Industrial Machinery subindustry, Greaves Cotton'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.


Greaves Cotton Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


NSE:GREAVESCOT
77GF Score
Greaves Cotton Ltd NSE:GREAVESCOT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Greaves Cotton 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.

Greaves Cotton's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=201.55/117.67
=1.71

* 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.

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

For example, Greaves Cotton'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)
=41.581/166.1454*166.1454
=41.581

Current CPI (Jun. 2026) = 166.1454.

Greaves Cotton Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 18.712 111.317 27.929
201809 20.236 115.142 29.200
201812 21.371 115.142 30.838
201903 21.963 118.202 30.871
201906 20.108 120.880 27.638
201909 21.020 123.175 28.353
201912 21.877 126.235 28.794
202003 16.611 124.705 22.131
202006 6.725 127.000 8.798
202009 14.206 130.118 18.139
202012 21.277 130.889 27.008
202103 21.992 131.771 27.729
202106 9.880 134.084 12.242
202109 16.198 135.847 19.811
202112 21.046 138.161 25.309
202203 25.361 138.822 30.353
202206 28.347 142.347 33.086
202209 30.004 144.661 34.460
202212 22.361 145.763 25.488
202303 34.268 146.865 38.767
202306 24.624 150.280 27.224
202309 31.310 151.492 34.339
202312 28.436 152.924 30.894
202403 26.256 153.035 28.505
202406 27.274 155.789 29.087
202409 30.666 157.882 32.271
202412 32.097 158.323 33.683
202503 35.240 157.552 37.162
202506 31.989 159.755 33.269
202509 34.801 162.289 35.628
202512 37.422 163.281 38.079
202603 42.602 164.272 43.088
202606 41.581 166.145 41.581

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 1.71 mean?
Greaves Cotton (NSE:GREAVESCOT) has a Cyclically Adjusted PS Ratio of 1.71 as of Aug. 07, 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 Greaves Cotton and its competitors. This is near median its historical median of 1.83. Over the past decade, Greaves Cotton's Cyclically Adjusted PS Ratio has ranged from 1.13 to 2.08. According to the industry distribution chart, Greaves Cotton ranks #1144 out of 2293 companies in the Industrial Products industry, placing it in the top 49.9%.
Is Greaves Cotton's Cyclically Adjusted PS Ratio too high?
Greaves Cotton's current Cyclically Adjusted PS Ratio of 1.71 is near median its 10-year median of 1.83. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 2.08. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.71. Greaves Cotton's value of 1.71 is 0% at this industry median. Based on the distribution chart, Greaves Cotton ranks #1144 out of 2293 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Greaves Cotton has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Greaves Cotton's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Greaves Cotton ranks #1144 out of 2293 companies for Cyclically Adjusted PS Ratio. This puts Greaves Cotton in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.71. Greaves Cotton's value of 1.71 is 0% at this benchmark. Historically, Greaves Cotton's own Cyclically Adjusted PS Ratio has ranged from 1.13 to 2.08 over the past decade. While the company's 10-year median is 1.83 vs. the industry median of 1.71, Greaves Cotton has consistently been at 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 2,293 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. Greaves Cotton's current Cyclically Adjusted PS Ratio of 1.71 is 0% at 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 Greaves Cotton 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. Greaves Cotton's current Cyclically Adjusted PS Ratio is 1.71, which is near median its own 10-year median of 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greaves Cotton stock overvalued right now?
Based on GuruFocus' analysis, Greaves Cotton (NSE:GREAVESCOT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹230.60, compared to a current price of ₹201.55 — trading 12.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.71, which is near median its 10-year median of 1.83 and 0% at the Industrial Products industry median of 1.71. Greaves Cotton's overall GF Score™ is 77/100 with 1 warning sign 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 Greaves Cotton (NSE:GREAVESCOT), the current Cyclically Adjusted PS Ratio is 1.71 as of Aug. 07, 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 Greaves Cotton (NSE:GREAVESCOT) Overvalued in 2026?

Based on GuruFocus' analysis, Greaves Cotton stock appears to be undervalued. The current stock price of ₹201.55 is trading 12.6% below its estimated GF Value™ of ₹230.60. GuruFocus considers Greaves Cotton to be Modestly Undervalued.

Key valuation signals for NSE:GREAVESCOT:

  • Cyclically Adjusted PS Ratio: 1.71 (near median its 10-year median of 1.83)
  • GF Value™: ₹230.60 vs. price of ₹201.55 (12.6% below fair value)
  • GF Score™: 77/100 with 1 warning sign
  • Industry Position: 0% at the Industrial Products median (#1144 of 2293)

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


Greaves Cotton Business Description

Other Exchanges 501455:India
Address LBS Marg, Unit No. 1A, 5th Floor, Tower 3, Equinox Business Park, Kurla West, Mumbai, MH, IND, 400070
Greaves Cotton Ltd is a diversified engineering company. It is a manufacturer and marketer of diesel engines, petrol engines, generator sets, pump sets, and construction equipment. Its product is used in automotive, marine, farm, construction, and industrial applications. The company's reportable operating segments include Engines, Electric mobility and other vehicles, Cables & Control Levers, and Others. The majority of its revenue is generated from the Engines segment, which includes the application of engines in farm equipment, gensets, and spares produced by Greaves. Geographically, the company generates maximum revenue from its domestic markets, and also has an overseas presence.
77GF Score

Get the complete analysis for NSE:GREAVESCOT

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

₹201.55
Price
₹230.60
GF Value