Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Mahindra EPC IrrigationNSE:MAHEPC -2.70%75 Cyclically Adjusted PS Ratio is 0.95 as of Jul. 31, 2026, which is 21% below its 10-year median of 1.20. GuruFocus rates NSE:MAHEPC with a GF Score™ of 75/100 and a GF Value™ of ₹152.43 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 169 Farm & Heavy Construction Machinery companies, Mahindra EPC Irrigation ranks better than 54.44% on this metric.
The historical rank and industry rank for Mahindra EPC Irrigation's Cyclically Adjusted PS Ratio or its related term are showing as below:
NSE:MAHEPC'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.86 Med: 1.2 Max: 1.8
Current: 0.95
During the past years, Mahindra EPC Irrigation's highest Cyclically Adjusted PS Ratio was 1.80. The lowest was 0.86. And the median was 1.20.
NSE:MAHEPC's Cyclically Adjusted PS Ratio is ranked better than 54.44% of 169
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.05
vs NSE:MAHEPC: 0.95
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.
Mahindra EPC Irrigation's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹19.488. 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 ₹110.62 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Mahindra EPC Irrigation (NSE:MAHEPC) 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.
Mahindra EPC Irrigation Cyclically Adjusted PS Ratio Related Terms
Mahindra EPC Irrigation Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Mahindra EPC Irrigation'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.
Mahindra EPC Irrigation Cyclically Adjusted PS Ratio Chart
NSE:MAHEPC vs CAT, DE, PCAR: Cyclically Adjusted PS Ratio Comparison
For the Farm & Heavy Construction Machinery subindustry, Mahindra EPC Irrigation'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.
Mahindra EPC Irrigation Cyclically Adjusted PS Ratio vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Mahindra EPC Irrigation's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Mahindra EPC Irrigation's Cyclically Adjusted PS Ratio falls into.
Mahindra EPC Irrigation 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.
* 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.
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 0.95 mean?
Mahindra EPC Irrigation (NSE:MAHEPC) has a Cyclically Adjusted PS Ratio of 0.95 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 Mahindra EPC Irrigation and its competitors. This is 21% below median its historical median of 1.20. Over the past decade, Mahindra EPC Irrigation's Cyclically Adjusted PS Ratio has ranged from 0.86 to 1.80. According to the industry distribution chart, Mahindra EPC Irrigation ranks #77 out of 169 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 45.6%.
Is Mahindra EPC Irrigation's Cyclically Adjusted PS Ratio too high?
Mahindra EPC Irrigation's current Cyclically Adjusted PS Ratio of 0.95 is 21% below median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 1.80. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PS Ratio is 1.05. Mahindra EPC Irrigation's value of 0.95 is 9.5% below this industry median. Based on the distribution chart, Mahindra EPC Irrigation ranks #77 out of 169 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Mahindra EPC Irrigation has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mahindra EPC Irrigation's Cyclically Adjusted PS Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Mahindra EPC Irrigation ranks #77 out of 169 companies for Cyclically Adjusted PS Ratio. This puts Mahindra EPC Irrigation in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.05. Mahindra EPC Irrigation's value of 0.95 is 9.5% below this benchmark. Historically, Mahindra EPC Irrigation's own Cyclically Adjusted PS Ratio has ranged from 0.86 to 1.80 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 1.05, Mahindra EPC Irrigation 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PS Ratio among Farm & Heavy Construction Machinery companies is 1.05, based on 169 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. Mahindra EPC Irrigation's current Cyclically Adjusted PS Ratio of 0.95 is 9.5% 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 Mahindra EPC Irrigation and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PS Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahindra EPC Irrigation's current Cyclically Adjusted PS Ratio is 0.95, which is 21% below median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahindra EPC Irrigation stock overvalued right now?
Based on GuruFocus' analysis, Mahindra EPC Irrigation (NSE:MAHEPC) is currently considered Possible Value Trap. The stock's GF Value™ is ₹152.43, compared to a current price of ₹105.27 — trading 30.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.95, which is 21% below median its 10-year median of 1.20 and 9.5% below the Farm & Heavy Construction Machinery industry median of 1.05. Mahindra EPC Irrigation's overall GF Score™ is 75/100 with 3 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 Mahindra EPC Irrigation (NSE:MAHEPC), the current Cyclically Adjusted PS Ratio is 0.95 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 Mahindra EPC Irrigation (NSE:MAHEPC) Overvalued in 2026?
Based on GuruFocus' analysis, Mahindra EPC Irrigation stock appears to be undervalued.
The current stock price of ₹105.27 is trading 30.9% below its estimated GF Value™ of ₹152.43.
GuruFocus considers Mahindra EPC Irrigation to be Possible Value Trap.
Key valuation signals for NSE:MAHEPC:
Cyclically Adjusted PS Ratio: 0.95 (21% below median its 10-year median of 1.20)
GF Value™: ₹152.43 vs. price of ₹105.27 (30.9% below fair value)
Industry Position: 9.5% below the Farm & Heavy Construction Machinery median (#77 of 169)
No single metric tells the full story. See the NSE:MAHEPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mahindra EPC Irrigation Ltd is engaged in the business of Micro Irrigation Systems such as Drip and Sprinklers, Agricultural Pumps, Greenhouses, and Landscape Products. Its products offer Drip irrigation, Sprinkler Irrigation, Automation, HDPE COIL & PIPE, Protected cultivation, DIY Kit, Mulch Sheet, and Services. The group has one segment, which is Precision Farming Products and Services. It operates in Domestic and Overseas.
75GF Score
Get the complete analysis for NSE:MAHEPC
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:MAHEPC has been successfully added to your 
