Noida Toll Bridge Co (NSE:NOIDATOLL) Cyclically Adjusted PS Ratio: 1.48 (As of Aug. 17, 2026) — 72% Above Median

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NSE:NOIDATOLL Noida Toll Bridge Co Ltd NSE:NOIDATOLL
76 GF Score
Price ₹4.03
GF Value ₹5.98
Valuation Possible Value Trap
! 4 Warning Signs
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What is Noida Toll Bridge Co Cyclically Adjusted PS Ratio?

Noida Toll Bridge Co NSE:NOIDATOLL -2.89% 76 Cyclically Adjusted PS Ratio is 1.48 as of Aug. 17, 2026, which is 72% above its 10-year median of 0.86. GuruFocus rates NSE:NOIDATOLL with a GF Score™ of 76/100 and a GF Value™ of ₹5.98 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,375 Construction companies, Noida Toll Bridge Co ranks worse than 71.85% on this metric.

As of today (2026-08-17), Noida Toll Bridge Co's current share price is ₹4.03. Noida Toll Bridge Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹2.72. Noida Toll Bridge Co's Cyclically Adjusted PS Ratio for today is 1.48.

The historical rank and industry rank for Noida Toll Bridge Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

NSE:NOIDATOLL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.86   Max: 5.21
Current: 1.5

During the past years, Noida Toll Bridge Co's highest Cyclically Adjusted PS Ratio was 5.21. The lowest was 0.22. And the median was 0.86.

NSE:NOIDATOLL's Cyclically Adjusted PS Ratio is ranked worse than
71.85% of 1375 companies
in the Construction industry
Industry Median: 0.7 vs NSE:NOIDATOLL: 1.50

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.

Noida Toll Bridge Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹0.624. 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 ₹2.72 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Noida Toll Bridge Co  (NSE:NOIDATOLL) 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.


Noida Toll Bridge Co Cyclically Adjusted PS Ratio Related Terms


Noida Toll Bridge Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Noida Toll Bridge Co'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.

Noida Toll Bridge Co Cyclically Adjusted PS Ratio Chart

Noida Toll Bridge Co 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 0.31 0.42 1.66 0.72 1.01

Noida Toll Bridge Co 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 1.15 1.24 1.39 1.01 1.74

Noida Toll Bridge Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Infrastructure Operations subindustry, Noida Toll Bridge Co'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.


Noida Toll Bridge Co Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Noida Toll Bridge Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Noida Toll Bridge Co's Cyclically Adjusted PS Ratio falls into.


NSE:NOIDATOLL
76GF Score
Noida Toll Bridge Co Ltd NSE:NOIDATOLL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Noida Toll Bridge Co 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.

Noida Toll Bridge Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.03/2.72
=1.48

* 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.

Noida Toll Bridge Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Noida Toll Bridge Co'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)
=0.624/167.3573*167.3573
=0.624

Current CPI (Jun. 2026) = 167.3573.

Noida Toll Bridge Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 1.734 102.901 2.820
201603 1.790 102.518 2.922
201606 1.703 105.961 2.690
201609 1.893 105.961 2.990
201612 0.660 105.196 1.050
201703 0.426 105.196 0.678
201803 0.000 109.786 0.000
201806 0.249 111.317 0.374
201809 0.260 115.142 0.378
201812 0.285 115.142 0.414
201903 0.301 118.202 0.426
201906 0.331 120.880 0.458
201909 0.344 123.175 0.467
201912 0.366 126.235 0.485
202003 0.279 124.705 0.374
202006 0.052 127.000 0.069
202009 0.105 130.118 0.135
202012 0.199 130.889 0.254
202103 0.337 131.771 0.428
202106 0.060 134.084 0.075
202109 0.365 135.847 0.450
202112 0.115 138.161 0.139
202203 0.330 138.822 0.398
202206 0.338 142.347 0.397
202209 0.339 144.661 0.392
202212 0.347 145.763 0.398
202303 0.243 146.865 0.277
202306 0.173 150.280 0.193
202309 0.191 151.492 0.211
202312 0.217 152.924 0.237
202403 0.541 153.035 0.592
202406 0.543 155.789 0.583
202409 0.526 157.882 0.558
202412 0.532 158.323 0.562
202503 0.563 157.552 0.598
202506 0.557 159.755 0.584
202509 0.553 162.289 0.570
202512 0.573 163.281 0.587
202603 0.609 164.272 0.620
202606 0.624 167.357 0.624

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 1.48 mean?
Noida Toll Bridge Co (NSE:NOIDATOLL) has a Cyclically Adjusted PS Ratio of 1.48 as of Aug. 17, 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 Noida Toll Bridge Co and its competitors. This is 72% above median its historical median of 0.86. Over the past decade, Noida Toll Bridge Co's Cyclically Adjusted PS Ratio has ranged from 0.22 to 5.21. According to the industry distribution chart, Noida Toll Bridge Co ranks #988 out of 1375 companies in the Construction industry, placing it in the top 71.9%.
Is Noida Toll Bridge Co's Cyclically Adjusted PS Ratio too high?
Noida Toll Bridge Co's current Cyclically Adjusted PS Ratio of 1.48 is 72% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 5.21. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Noida Toll Bridge Co's value of 1.48 is 111.4% above this industry median. Based on the distribution chart, Noida Toll Bridge Co ranks #988 out of 1375 companies in the Construction industry, which is below the industry midpoint. Overall, Noida Toll Bridge Co has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Noida Toll Bridge Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Construction industry distribution chart, Noida Toll Bridge Co ranks #988 out of 1375 companies for Cyclically Adjusted PS Ratio. This places Noida Toll Bridge Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Noida Toll Bridge Co's value of 1.48 is 111.4% above this benchmark. Historically, Noida Toll Bridge Co's own Cyclically Adjusted PS Ratio has ranged from 0.22 to 5.21 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 0.70, Noida Toll Bridge Co 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 a Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,375 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. Noida Toll Bridge Co's current Cyclically Adjusted PS Ratio of 1.48 is 111.4% 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 Noida Toll Bridge Co and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noida Toll Bridge Co's current Cyclically Adjusted PS Ratio is 1.48, which is 72% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noida Toll Bridge Co stock overvalued right now?
Based on GuruFocus' analysis, Noida Toll Bridge Co (NSE:NOIDATOLL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹5.98, compared to a current price of ₹4.03 — trading 32.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.48, which is 72% above median its 10-year median of 0.86 and 111.4% above the Construction industry median of 0.70. Noida Toll Bridge Co's overall GF Score™ is 76/100 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 Noida Toll Bridge Co (NSE:NOIDATOLL), the current Cyclically Adjusted PS Ratio is 1.48 as of Aug. 17, 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 Noida Toll Bridge Co (NSE:NOIDATOLL) Overvalued in 2026?

Based on GuruFocus' analysis, Noida Toll Bridge Co stock appears to be undervalued. The current stock price of ₹4.03 is trading 32.6% below its estimated GF Value™ of ₹5.98. GuruFocus considers Noida Toll Bridge Co to be Possible Value Trap.

Key valuation signals for NSE:NOIDATOLL:

  • Cyclically Adjusted PS Ratio: 1.48 (72% above median its 10-year median of 0.86)
  • GF Value™: ₹5.98 vs. price of ₹4.03 (32.6% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 111.4% above the Construction median (#988 of 1375)

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


Noida Toll Bridge Co Business Description

Other Exchanges 532481:India
Address DND Flyway, Toll Plaza, Noida, UP, IND, 201301
Noida Toll Bridge Co Ltd is an infrastructure company. It develops, establishes, constructs, operates, and maintains a project relating to the construction of the Delhi Noida Toll Bridge under the Build, Own, Operate, and Transfer basis. The Delhi Noida Toll Bridge comprises the Delhi Noida Toll Bridge, adjoining roads, and other related facilities, the Mayur Vihar Link Road, and the Ashram flyover, which has been constructed at the landfall of the Delhi Noida Toll Bridge. The company operates only in India. It generates revenue from tolls, advertising, interest, license fees, and other sources. The majority of the revenue is generated from spaces available for advertisement.
76GF Score

Get the complete analysis for NSE:NOIDATOLL

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

₹4.03
Price
₹5.98
GF Value