Karma Energy (NSE:KARMAENG) Cyclically Adjusted PS Ratio: 1.57 (As of Jul. 31, 2026) — 23% Above Median

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NSE:KARMAENG Karma Energy Ltd NSE:KARMAENG
63 GF Score
Price ₹37.45
GF Value ₹53.46
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Karma Energy Cyclically Adjusted PS Ratio?

Karma Energy NSE:KARMAENG -0.05% 63 Cyclically Adjusted PS Ratio is 1.57 as of Jul. 31, 2026, which is 23% above its 10-year median of 1.28. GuruFocus rates NSE:KARMAENG with a GF Score™ of 63/100 and a GF Value™ of ₹53.46 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 270 Utilities - Independent Power Producers companies, Karma Energy ranks better than 52.96% on this metric.

As of today (2026-07-31), Karma Energy's current share price is ₹37.45. Karma Energy's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was ₹23.79. Karma Energy's Cyclically Adjusted PS Ratio for today is 1.57.

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

NSE:KARMAENG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 1.28   Max: 3.26
Current: 1.54

During the past 13 years, Karma Energy's highest Cyclically Adjusted PS Ratio was 3.26. The lowest was 0.28. And the median was 1.28.

NSE:KARMAENG's Cyclically Adjusted PS Ratio is ranked better than
52.96% of 270 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.69 vs NSE:KARMAENG: 1.54

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.

Karma Energy's adjusted revenue per share data of for the fiscal year that ended in Mar26 was ₹8.434. 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 ₹23.79 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Karma Energy  (NSE:KARMAENG) 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.


Karma Energy Cyclically Adjusted PS Ratio Related Terms


Karma Energy Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Karma Energy'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.

Karma Energy Cyclically Adjusted PS Ratio Chart

Karma Energy 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 1.06 1.19 2.49 2.07 1.45

Karma Energy 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 2.07 0.00 0.00 0.00 1.45

Karma Energy Cyclically Adjusted PS Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Karma Energy'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.


Karma Energy Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Karma Energy's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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

Karma Energy 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.

Karma Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=37.45/23.79
=1.57

* 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.

Karma Energy's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Karma Energy's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=8.434/164.2724*164.2724
=8.434

Current CPI (Mar26) = 164.2724.

Karma Energy Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 25.805 105.196 40.297
201803 24.175 109.786 36.173
201903 26.700 118.202 37.107
202003 27.951 124.705 36.819
202103 21.664 131.771 27.008
202203 23.798 138.822 28.161
202303 11.070 146.865 12.382
202403 10.676 153.035 11.460
202503 7.522 157.552 7.843
202603 8.434 164.272 8.434

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 1.57 mean?
Karma Energy (NSE:KARMAENG) has a Cyclically Adjusted PS Ratio of 1.57 as of Jul. 31, 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 Karma Energy and its competitors. This is 23% above median its historical median of 1.28. Over the past decade, Karma Energy's Cyclically Adjusted PS Ratio has ranged from 0.28 to 3.26. According to the industry distribution chart, Karma Energy ranks #127 out of 270 companies in the Utilities - Independent Power Producers industry, placing it in the top 47%.
Is Karma Energy's Cyclically Adjusted PS Ratio too high?
Karma Energy's current Cyclically Adjusted PS Ratio of 1.57 is 23% above median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 3.26. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.69. Karma Energy's value of 1.57 is 7.1% below this industry median. Based on the distribution chart, Karma Energy ranks #127 out of 270 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Karma Energy 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 Karma Energy's Cyclically Adjusted PS Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Karma Energy ranks #127 out of 270 companies for Cyclically Adjusted PS Ratio. This puts Karma Energy in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.69. Karma Energy's value of 1.57 is 7.1% below this benchmark. Historically, Karma Energy's own Cyclically Adjusted PS Ratio has ranged from 0.28 to 3.26 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 1.69, Karma Energy 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 an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PS Ratio among Utilities - Independent Power Producers companies is 1.69, based on 270 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. Karma Energy's current Cyclically Adjusted PS Ratio of 1.57 is 7.1% 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 Karma Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karma Energy's current Cyclically Adjusted PS Ratio is 1.57, which is 23% above median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karma Energy stock overvalued right now?
Based on GuruFocus' analysis, Karma Energy (NSE:KARMAENG) is currently considered Possible Value Trap. The stock's GF Value™ is ₹53.46, compared to a current price of ₹37.45 — trading 29.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.57, which is 23% above median its 10-year median of 1.28 and 7.1% below the Utilities - Independent Power Producers industry median of 1.69. Karma Energy's overall GF Score™ is 63/100 with 2 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 Karma Energy (NSE:KARMAENG), the current Cyclically Adjusted PS Ratio is 1.57 as of Jul. 31, 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 Karma Energy (NSE:KARMAENG) Overvalued in 2026?

Based on GuruFocus' analysis, Karma Energy stock appears to be undervalued. The current stock price of ₹37.45 is trading 29.9% below its estimated GF Value™ of ₹53.46. GuruFocus considers Karma Energy to be Possible Value Trap.

Key valuation signals for NSE:KARMAENG:

  • Cyclically Adjusted PS Ratio: 1.57 (23% above median its 10-year median of 1.28)
  • GF Value™: ₹53.46 vs. price of ₹37.45 (29.9% below fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 7.1% below the Utilities - Independent Power Producers median (#127 of 270)

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


Karma Energy Business Description

Other Exchanges 533451:India
Address Ent A.K. Nayak Marg, 214, Dr. D.N. Road, Empire House, Fort, Mumbai, MH, IND, 400001
Karma Energy Ltd is an India-based company engaged in the generation of power from renewable energy sources. The company generates energy from wind power, hydropower, and solar power. It derives revenue from the sale of power.
63GF Score

Get the complete analysis for NSE:KARMAENG

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

₹37.45
Price
₹53.46
GF Value