Petronet LNG (NSE:PETRONET) Cyclically Adjusted PS Ratio: 0.87 (As of Aug. 21, 2026) — 12% Above Median

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NSE:PETRONET Petronet LNG Ltd NSE:PETRONET
81 GF Score
Price ₹291.40
GF Value ₹226.38
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Petronet LNG Cyclically Adjusted PS Ratio?

Petronet LNG NSE:PETRONET +1.13% 81 Cyclically Adjusted PS Ratio is 0.87 as of Aug. 21, 2026, which is 12% above its 10-year median of 0.78. GuruFocus rates NSE:PETRONET with a GF Score™ of 81/100 and a GF Value™ of ₹226.38 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 713 Oil & Gas companies, Petronet LNG ranks better than 57.08% on this metric.

As of today (2026-08-21), Petronet LNG's current share price is ₹291.40. Petronet LNG's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹334.65. Petronet LNG's Cyclically Adjusted PS Ratio for today is 0.87.

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

NSE:PETRONET' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.78   Max: 1.08
Current: 0.84

During the past years, Petronet LNG's highest Cyclically Adjusted PS Ratio was 1.08. The lowest was 0.58. And the median was 0.78.

NSE:PETRONET's Cyclically Adjusted PS Ratio is ranked better than
57.08% of 713 companies
in the Oil & Gas industry
Industry Median: 1.07 vs NSE:PETRONET: 0.84

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.

Petronet LNG's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹37.048. 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 ₹334.65 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Petronet LNG  (NSE:PETRONET) 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.


Petronet LNG Cyclically Adjusted PS Ratio Related Terms


Petronet LNG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Petronet LNG'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.

Petronet LNG Cyclically Adjusted PS Ratio Chart

Petronet LNG 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 0.64 0.70 0.77 0.86 0.73

Petronet LNG 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 0.88 0.81 0.83 0.73 0.84

NSE:PETRONET vs MPC, VLO, PSX: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Petronet LNG'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.


Petronet LNG Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Petronet LNG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:PETRONET
81GF Score
Petronet LNG Ltd NSE:PETRONET
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Petronet LNG 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.

Petronet LNG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=291.40/334.65
=0.87

* 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.

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

For example, Petronet LNG'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)
=37.048/167.3573*167.3573
=37.048

Current CPI (Jun. 2026) = 167.3573.

Petronet LNG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 50.691 97.163 87.312
201506 54.834 99.841 91.915
201509 48.366 101.753 79.549
201512 32.165 102.901 52.313
201603 45.426 102.518 74.156
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 61.172 111.317 91.968
201809 71.649 115.142 104.141
201812 67.292 115.142 97.808
201903 55.281 118.202 78.270
201906 57.480 120.880 79.581
201909 62.408 123.175 84.793
201912 59.426 126.235 78.784
202003 56.695 124.705 76.086
202006 32.538 127.000 42.878
202009 41.573 130.118 53.471
202012 48.852 130.889 62.463
202103 50.238 131.771 63.806
202106 57.357 134.084 71.590
202109 72.077 135.847 88.796
202112 83.984 138.161 101.732
202203 71.153 138.822 85.779
202206 95.048 142.347 111.748
202209 106.608 144.661 123.334
202212 105.220 145.763 120.808
202303 85.967 146.865 97.962
202306 77.683 150.280 86.511
202309 83.478 151.492 92.220
202312 98.357 152.924 107.640
202403 86.657 153.035 94.767
202406 89.437 155.789 96.078
202409 86.768 157.882 91.975
202412 81.494 158.323 86.144
202503 82.112 157.552 87.222
202506 79.163 159.755 82.930
202509 73.456 162.289 75.750
202512 74.459 163.281 76.318
202603 62.959 164.272 64.141
202606 37.048 167.357 37.048

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 0.87 mean?
Petronet LNG (NSE:PETRONET) has a Cyclically Adjusted PS Ratio of 0.87 as of Aug. 21, 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 Petronet LNG and its competitors. This is 12% above median its historical median of 0.78. Over the past decade, Petronet LNG's Cyclically Adjusted PS Ratio has ranged from 0.58 to 1.08. According to the industry distribution chart, Petronet LNG ranks #306 out of 713 companies in the Oil & Gas industry, placing it in the top 42.9%.
Is Petronet LNG's Cyclically Adjusted PS Ratio too high?
Petronet LNG's current Cyclically Adjusted PS Ratio of 0.87 is 12% above median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 1.08. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.07. Petronet LNG's value of 0.87 is 18.7% below this industry median. Based on the distribution chart, Petronet LNG ranks #306 out of 713 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Petronet LNG has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Petronet LNG's Cyclically Adjusted PS Ratio compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Petronet LNG ranks #306 out of 713 companies for Cyclically Adjusted PS Ratio. This puts Petronet LNG in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.07. Petronet LNG's value of 0.87 is 18.7% below this benchmark. Historically, Petronet LNG's own Cyclically Adjusted PS Ratio has ranged from 0.58 to 1.08 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.07, Petronet LNG 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 Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.07, based on 713 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. Petronet LNG's current Cyclically Adjusted PS Ratio of 0.87 is 18.7% 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 Petronet LNG and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petronet LNG's current Cyclically Adjusted PS Ratio is 0.87, which is 12% above median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petronet LNG stock overvalued right now?
Based on GuruFocus' analysis, Petronet LNG (NSE:PETRONET) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹226.38, compared to a current price of ₹291.40 — trading 28.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.87, which is 12% above median its 10-year median of 0.78 and 18.7% below the Oil & Gas industry median of 1.07. Petronet LNG's overall GF Score™ is 81/100 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 Petronet LNG (NSE:PETRONET), the current Cyclically Adjusted PS Ratio is 0.87 as of Aug. 21, 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 Petronet LNG (NSE:PETRONET) Overvalued in 2026?

Based on GuruFocus' analysis, Petronet LNG stock appears to be overvalued. The current stock price of ₹291.40 is trading 28.7% above its estimated GF Value™ of ₹226.38. GuruFocus considers Petronet LNG to be Modestly Overvalued.

Key valuation signals for NSE:PETRONET:

  • Cyclically Adjusted PS Ratio: 0.87 (12% above median its 10-year median of 0.78)
  • GF Value™: ₹226.38 vs. price of ₹291.40 (28.7% above fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 18.7% below the Oil & Gas median (#306 of 713)

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


Petronet LNG Business Description

Industry EnergyOil & Gas
Other Exchanges 532522:India
Address Babar Road, Barakhamba Lane, World Trade Centre, 1st Floor, New Delhi, IND, 110001
Petronet LNG Ltd is an oil and gas refining and marketing company formed by the government of India. The company operates liquified natural gas receiving and regasification terminals across India. Through its terminals, it also offers tolling services and re-loading terminals. The company has a single operating segment which is Natural Gas Business. Petronet LNG also owns a solid cargo port at Dahej with facilities to import and export products such as steel, coal, and fertilizer in bulk. Sales are largely composed of regasified liquefied natural gas and the majority of its revenue is derived from India.
81GF Score

Get the complete analysis for NSE:PETRONET

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

₹291.40
Price
₹226.38
GF Value