Indo Tech Transformers (NSE:INDOTECH) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:INDOTECH Indo Tech Transformers Ltd NSE:INDOTECH
81 GF Score
Price ₹3,394.70
GF Value ₹2,726.79
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Indo Tech Transformers Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Indo Tech Transformers  (NSE:INDOTECH) 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.


Indo Tech Transformers Cyclically Adjusted PS Ratio Related Terms


Indo Tech Transformers Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Indo Tech Transformers'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.

Indo Tech Transformers Cyclically Adjusted PS Ratio Chart

Indo Tech Transformers 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 - 0.70 3.48 6.88 2.87

Indo Tech Transformers 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 5.74 4.62 4.20 2.85 7.83

NSE:INDOTECH vs VRT, BE: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Indo Tech Transformers'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.


Indo Tech Transformers Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

* The bar in red indicates where Indo Tech Transformers's Cyclically Adjusted PS Ratio falls into.


NSE:INDOTECH
81GF Score
Indo Tech Transformers Ltd NSE:INDOTECH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indo Tech Transformers 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.

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

For example, Indo Tech Transformers'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)
=214.586/167.3573*167.3573
=214.586

Current CPI (Jun. 2026) = 167.3573.

Indo Tech Transformers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 37.232 105.961 58.805
201612 24.303 105.196 38.664
201703 53.465 105.196 85.058
201706 57.448 107.109 89.762
201709 40.433 109.021 62.068
201712 43.879 109.404 67.123
201803 65.556 109.786 99.933
201806 44.840 111.317 67.414
201809 46.968 115.142 68.267
201812 45.358 115.142 65.927
201903 63.766 118.202 90.284
201906 38.183 120.880 52.864
201909 57.232 123.175 77.761
201912 63.503 126.235 84.190
202003 34.426 124.705 46.201
202006 15.461 127.000 20.374
202009 36.667 130.118 47.161
202012 50.687 130.889 64.809
202103 91.158 131.771 115.777
202106 21.328 134.084 26.621
202109 71.864 135.847 88.533
202112 77.034 138.161 93.313
202203 93.493 138.822 112.711
202206 50.923 142.347 59.870
202209 83.371 144.661 96.451
202212 78.738 145.763 90.403
202303 136.224 146.865 155.232
202306 87.778 150.280 97.753
202309 90.217 151.492 99.665
202312 131.328 152.924 143.723
202403 164.510 153.035 179.907
202406 77.354 155.789 83.098
202409 137.693 157.882 145.956
202412 166.987 158.323 176.516
202503 194.030 157.552 206.106
202506 154.360 159.755 161.705
202509 172.185 162.289 177.562
202512 184.840 163.281 189.455
202603 225.038 164.272 229.264
202606 214.586 167.357 214.586

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.

Is Indo Tech Transformers (NSE:INDOTECH) Overvalued in 2026?

Based on GuruFocus' analysis, Indo Tech Transformers stock appears to be overvalued. The current stock price of ₹3,394.70 is trading 24.5% above its estimated GF Value™ of ₹2,726.79. GuruFocus considers Indo Tech Transformers to be Modestly Overvalued.

Key valuation signals for NSE:INDOTECH:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹2,726.79 vs. price of ₹3,394.70 (24.5% above fair value)
  • GF Score™: 81/100 with 4 warning signs

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


Indo Tech Transformers Business Description

Other Exchanges 532717:India
Address Survey No.153-210, Near Rajakulam, KM-64, Illuppapattu Village, Kancheepuram, TN, IND, 631561
Indo Tech Transformers Ltd is engaged in the business of manufacturing power and distribution transformers and various special application transformers, mobile sub-station transformers, and various special application transformers, mobile sub-station transformers and sub-stations. The Company has its manufacturing plant located at Kancheepuram in Tamil Nadu. The majority of the geographical revenue of the company is generated in India.
81GF Score

Get the complete analysis for NSE:INDOTECH

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

₹3,394.70
Price
₹2,726.79
GF Value