Vodafone Idea (NSE:IDEA) Cyclically Adjusted PS Ratio: 0.46 (As of Jul. 20, 2026) — 142% Above Median

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NSE:IDEA Vodafone Idea Ltd NSE:IDEA
39 GF Score
Price ₹13.74
GF Value ₹5.62
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Vodafone Idea Cyclically Adjusted PS Ratio?

Vodafone Idea NSE:IDEA -1.08% 39 Cyclically Adjusted PS Ratio is 0.46 as of Jul. 20, 2026, which is 142% above its 10-year median of 0.19. GuruFocus rates NSE:IDEA with a GF Score™ of 39/100 and a GF Value™ of ₹5.62 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 302 Telecommunication Services companies, Vodafone Idea ranks better than 78.15% on this metric.

As of today (2026-07-20), Vodafone Idea's current share price is ₹13.74. Vodafone Idea's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹30.04. Vodafone Idea's Cyclically Adjusted PS Ratio for today is 0.46.

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

NSE:IDEA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.19   Max: 0.5
Current: 0.46

During the past years, Vodafone Idea's highest Cyclically Adjusted PS Ratio was 0.50. The lowest was 0.06. And the median was 0.19.

NSE:IDEA's Cyclically Adjusted PS Ratio is ranked better than
78.15% of 302 companies
in the Telecommunication Services industry
Industry Median: 1.16 vs NSE:IDEA: 0.46

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.

Vodafone Idea's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹1.044. 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 ₹30.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vodafone Idea  (NSE:IDEA) 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.


Vodafone Idea Cyclically Adjusted PS Ratio Related Terms


Vodafone Idea Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Vodafone Idea'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.

Vodafone Idea Cyclically Adjusted PS Ratio Chart

Vodafone Idea 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 0.18 0.12 0.30 0.18 0.28

Vodafone Idea 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 0.18 0.21 0.24 0.33 0.28

NSE:IDEA vs TMUS, VZ, T: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, Vodafone Idea'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.


Vodafone Idea Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Vodafone Idea's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:IDEA
39GF Score
Vodafone Idea Ltd NSE:IDEA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vodafone Idea 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.

Vodafone Idea's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.74/30.04
=0.46

* 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.

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

For example, Vodafone Idea'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)
=1.044/164.2724*164.2724
=1.044

Current CPI (Mar. 2026) = 164.2724.

Vodafone Idea Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 15.074 105.961 23.369
201609 13.504 105.961 20.935
201612 14.853 105.196 23.194
201703 13.585 105.196 21.214
201706 13.785 107.109 21.142
201709 12.585 109.021 18.963
201712 10.953 109.404 16.446
201803 9.186 109.786 13.745
201806 10.750 111.317 15.864
201809 5.287 115.142 7.543
201812 10.919 115.142 15.578
201903 8.118 118.202 11.282
201906 5.085 120.880 6.910
201909 3.772 123.175 5.031
201912 3.853 126.235 5.014
202003 4.083 124.705 5.378
202006 3.708 127.000 4.796
202009 3.751 130.118 4.736
202012 3.797 130.889 4.765
202103 3.341 131.771 4.165
202106 3.186 134.084 3.903
202109 3.269 135.847 3.953
202112 3.386 138.161 4.026
202203 3.551 138.822 4.202
202206 3.238 142.347 3.737
202209 3.269 144.661 3.712
202212 3.254 145.763 3.667
202303 2.507 146.865 2.804
202306 2.179 150.280 2.382
202309 2.195 151.492 2.380
202312 2.200 152.924 2.363
202403 2.167 153.035 2.326
202406 1.663 155.789 1.754
202409 1.567 157.882 1.630
202412 1.596 158.323 1.656
202503 1.543 157.552 1.609
202506 1.049 159.755 1.079
202509 1.031 162.289 1.044
202512 1.048 163.281 1.054
202603 1.044 164.272 1.044

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 0.46 mean?
Vodafone Idea (NSE:IDEA) has a Cyclically Adjusted PS Ratio of 0.46 as of Jul. 20, 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 Vodafone Idea and its competitors. This is 142% above median its historical median of 0.19. Over the past decade, Vodafone Idea's Cyclically Adjusted PS Ratio has ranged from 0.06 to 0.50. According to the industry distribution chart, Vodafone Idea ranks #66 out of 302 companies in the Telecommunication Services industry, placing it in the top 21.9%.
Is Vodafone Idea's Cyclically Adjusted PS Ratio too high?
Vodafone Idea's current Cyclically Adjusted PS Ratio of 0.46 is 142% above median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.50. The Telecommunication Services industry median Cyclically Adjusted PS Ratio is 1.16. Vodafone Idea's value of 0.46 is 60.3% below this industry median. Based on the distribution chart, Vodafone Idea ranks #66 out of 302 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Vodafone Idea has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vodafone Idea's Cyclically Adjusted PS Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Vodafone Idea ranks #66 out of 302 companies for Cyclically Adjusted PS Ratio. This places Vodafone Idea in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.16. Vodafone Idea's value of 0.46 is 60.3% below this benchmark. Historically, Vodafone Idea's own Cyclically Adjusted PS Ratio has ranged from 0.06 to 0.50 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 1.16, Vodafone Idea has consistently been below 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 Telecommunication Services company?
The median Cyclically Adjusted PS Ratio among Telecommunication Services companies is 1.16, based on 302 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. Vodafone Idea's current Cyclically Adjusted PS Ratio of 0.46 is 60.3% below 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 Vodafone Idea and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PS Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vodafone Idea's current Cyclically Adjusted PS Ratio is 0.46, which is 142% above median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vodafone Idea stock overvalued right now?
Based on GuruFocus' analysis, Vodafone Idea (NSE:IDEA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹5.62, compared to a current price of ₹13.74 — trading 144.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.46, which is 142% above median its 10-year median of 0.19 and 60.3% below the Telecommunication Services industry median of 1.16. Vodafone Idea's overall GF Score™ is 39/100 with 7 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 Vodafone Idea (NSE:IDEA), the current Cyclically Adjusted PS Ratio is 0.46 as of Jul. 20, 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 Vodafone Idea (NSE:IDEA) Overvalued in 2026?

Based on GuruFocus' analysis, Vodafone Idea stock appears to be overvalued. The current stock price of ₹13.74 is trading 144.5% above its estimated GF Value™ of ₹5.62. GuruFocus considers Vodafone Idea to be Significantly Overvalued.

Key valuation signals for NSE:IDEA:

  • Cyclically Adjusted PS Ratio: 0.46 (142% above median its 10-year median of 0.19)
  • GF Value™: ₹5.62 vs. price of ₹13.74 (144.5% above fair value)
  • GF Score™: 39/100 with 7 warning signs
  • Industry Position: 60.3% below the Telecommunication Services median (#66 of 302)

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


Vodafone Idea Business Description

Other Exchanges 532822:India
Address Pandurang Budhkar Marg, Birla Centurion, 10th Floor, Plot No. 794, B Wing, Century Mills Compound, Worli, Mumbai, MH, IND, 400 030
Vodafone Idea Ltd is a telecommunications company that provides mobile services and operates under one segment namely Mobility services. Mobility services generates revenue from mobile services and constitutes the majority of overall company revenue. The company owns telecommunications infrastructure, such as fiber networks and mobile towers. The company generates the vast majority of its revenue in India.
39GF Score

Get the complete analysis for NSE:IDEA

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

₹13.74
Price
₹5.62
GF Value