Inox Wind (NSE:INOXWIND) Cyclically Adjusted PS Ratio: 3.80 (As of Aug. 12, 2026) — 27% Below Median

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NSE:INOXWIND Inox Wind Ltd NSE:INOXWIND
63 GF Score
Price ₹74.40
GF Value ₹257.79
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Inox Wind Cyclically Adjusted PS Ratio?

Inox Wind NSE:INOXWIND +1.22% 63 Cyclically Adjusted PS Ratio is 3.80 as of Aug. 12, 2026, which is 27% below its 10-year median of 5.22. GuruFocus rates NSE:INOXWIND with a GF Score™ of 63/100 and a GF Value™ of ₹257.79 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,291 Industrial Products companies, Inox Wind ranks worse than 72.81% on this metric.

As of today (2026-08-12), Inox Wind's current share price is ₹74.40. Inox Wind's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹19.59. Inox Wind's Cyclically Adjusted PS Ratio for today is 3.80.

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

NSE:INOXWIND' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.85   Med: 5.22   Max: 9.64
Current: 3.78

During the past years, Inox Wind's highest Cyclically Adjusted PS Ratio was 9.64. The lowest was 0.85. And the median was 5.22.

NSE:INOXWIND's Cyclically Adjusted PS Ratio is ranked worse than
72.81% of 2291 companies
in the Industrial Products industry
Industry Median: 1.81 vs NSE:INOXWIND: 3.78

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.

Inox Wind's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹6.846. 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 ₹19.59 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inox Wind  (NSE:INOXWIND) 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.


Inox Wind Cyclically Adjusted PS Ratio Related Terms


Inox Wind Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Inox Wind'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.

Inox Wind Cyclically Adjusted PS Ratio Chart

Inox Wind 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 0.87 5.01 6.83 3.88

Inox Wind 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 7.48 6.21 5.67 3.88 4.60

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

For the Specialty Industrial Machinery subindustry, Inox Wind'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.


Inox Wind Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


NSE:INOXWIND
63GF Score
Inox Wind Ltd NSE:INOXWIND
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Inox Wind 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.

Inox Wind's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=74.40/19.59
=3.80

* 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.

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

For example, Inox Wind'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)
=6.846/166.1454*166.1454
=6.846

Current CPI (Jun. 2026) = 166.1454.

Inox Wind Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 8.878 105.961 13.921
201612 12.877 105.196 20.338
201703 11.324 105.196 17.885
201706 1.178 107.109 1.827
201709 0.883 109.021 1.346
201712 1.011 109.404 1.535
201803 2.261 109.786 3.422
201806 4.808 111.317 7.176
201809 4.956 115.142 7.151
201812 4.559 115.142 6.578
201903 1.953 118.202 2.745
201906 2.869 120.880 3.943
201909 1.535 123.175 2.070
201912 1.924 126.235 2.532
202003 2.027 124.705 2.701
202006 1.074 127.000 1.405
202009 1.897 130.118 2.422
202012 2.261 130.889 2.870
202103 2.593 131.771 3.269
202106 1.881 134.084 2.331
202109 1.849 135.847 2.261
202112 1.737 138.161 2.089
202203 1.498 138.822 1.793
202206 1.872 142.347 2.185
202209 0.926 144.661 1.064
202212 1.989 145.763 2.267
202303 1.010 146.865 1.143
202306 2.637 150.280 2.915
202309 3.333 151.492 3.655
202312 3.807 152.924 4.136
202403 3.357 153.035 3.645
202406 4.836 155.789 5.157
202409 5.542 157.882 5.832
202412 5.390 158.323 5.656
202503 7.836 157.552 8.263
202506 4.683 159.755 4.870
202509 8.539 162.289 8.742
202512 7.509 163.281 7.641
202603 8.318 164.272 8.413
202606 6.846 166.145 6.846

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 3.80 mean?
Inox Wind (NSE:INOXWIND) has a Cyclically Adjusted PS Ratio of 3.80 as of Aug. 12, 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 Inox Wind and its competitors. This is 27% below median its historical median of 5.22. Over the past decade, Inox Wind's Cyclically Adjusted PS Ratio has ranged from 0.85 to 9.64. According to the industry distribution chart, Inox Wind ranks #1668 out of 2291 companies in the Industrial Products industry, placing it in the top 72.8%.
Is Inox Wind's Cyclically Adjusted PS Ratio too high?
Inox Wind's current Cyclically Adjusted PS Ratio of 3.80 is 27% below median its 10-year median of 5.22. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 9.64. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.81. Inox Wind's value of 3.80 is 109.9% above this industry median. Based on the distribution chart, Inox Wind ranks #1668 out of 2291 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Inox Wind has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Inox Wind's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Inox Wind ranks #1668 out of 2291 companies for Cyclically Adjusted PS Ratio. This places Inox Wind in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.81. Inox Wind's value of 3.80 is 109.9% above this benchmark. Historically, Inox Wind's own Cyclically Adjusted PS Ratio has ranged from 0.85 to 9.64 over the past decade. While the company's 10-year median is 5.22 vs. the industry median of 1.81, Inox Wind 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 1.81, based on 2,291 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. Inox Wind's current Cyclically Adjusted PS Ratio of 3.80 is 109.9% 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 Inox Wind and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inox Wind's current Cyclically Adjusted PS Ratio is 3.80, which is 27% below median its own 10-year median of 5.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inox Wind stock overvalued right now?
Based on GuruFocus' analysis, Inox Wind (NSE:INOXWIND) is currently considered Possible Value Trap. The stock's GF Value™ is ₹257.79, compared to a current price of ₹74.40 — trading 71.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.80, which is 27% below median its 10-year median of 5.22 and 109.9% above the Industrial Products industry median of 1.81. Inox Wind's overall GF Score™ is 63/100 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 Inox Wind (NSE:INOXWIND), the current Cyclically Adjusted PS Ratio is 3.80 as of Aug. 12, 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 Inox Wind (NSE:INOXWIND) Overvalued in 2026?

Based on GuruFocus' analysis, Inox Wind stock appears to be undervalued. The current stock price of ₹74.40 is trading 71.1% below its estimated GF Value™ of ₹257.79. GuruFocus considers Inox Wind to be Possible Value Trap.

Key valuation signals for NSE:INOXWIND:

  • Cyclically Adjusted PS Ratio: 3.80 (27% below median its 10-year median of 5.22)
  • GF Value™: ₹257.79 vs. price of ₹74.40 (71.1% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 109.9% above the Industrial Products median (#1668 of 2291)

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


Inox Wind Business Description

Other Exchanges 539083:India
Address Inox Towers, Plot Number 17, Sector 16A, Noida, UP, IND, 201 301
Inox Wind Ltd is engaged in the business of manufacturing Wind Turbine Generators. The group provides related erection, procurement & commissioning (EPC) services, operations & maintenance (O&M), and common infrastructure facility services for WTGs, and development of projects for wind farms. It conducts its business and provides services to various states in India. The company also offers turnkey solutions for the development of wind power projects which include wind studies, energy assessment, land acquisition, site infrastructure development, power evacuation, and others.
63GF Score

Get the complete analysis for NSE:INOXWIND

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

₹74.40
Price
₹257.79
GF Value