Pitti Engineering (NSE:PITTIENG) Cyclically Adjusted PS Ratio: 2.89 (As of Jul. 28, 2026) — 25% Above Median

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NSE:PITTIENG Pitti Engineering Ltd NSE:PITTIENG
91 GF Score
Price ₹930.70
GF Value ₹1,144.47
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Pitti Engineering Cyclically Adjusted PS Ratio?

Pitti Engineering NSE:PITTIENG +1.09% 91 Cyclically Adjusted PS Ratio is 2.89 as of Jul. 28, 2026, which is 25% above its 10-year median of 2.31. GuruFocus rates NSE:PITTIENG with a GF Score™ of 91/100 and a GF Value™ of ₹1,144.47 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,301 Industrial Products companies, Pitti Engineering ranks worse than 66.71% on this metric.

As of today (2026-07-28), Pitti Engineering's current share price is ₹930.70. Pitti Engineering's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹322.42. Pitti Engineering's Cyclically Adjusted PS Ratio for today is 2.89.

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

NSE:PITTIENG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 2.31   Max: 5.59
Current: 2.85

During the past years, Pitti Engineering's highest Cyclically Adjusted PS Ratio was 5.59. The lowest was 0.18. And the median was 2.31.

NSE:PITTIENG's Cyclically Adjusted PS Ratio is ranked worse than
66.71% of 2301 companies
in the Industrial Products industry
Industry Median: 1.71 vs NSE:PITTIENG: 2.85

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.

Pitti Engineering's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹135.752. 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 ₹322.42 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pitti Engineering  (NSE:PITTIENG) 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.


Pitti Engineering Cyclically Adjusted PS Ratio Related Terms


Pitti Engineering Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Pitti Engineering'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.

Pitti Engineering Cyclically Adjusted PS Ratio Chart

Pitti Engineering 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 1.71 1.26 3.13 3.78 2.13

Pitti Engineering 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 3.78 3.53 3.32 2.64 2.13

NSE:PITTIENG vs CRS, ATI, MLI: Cyclically Adjusted PS Ratio Comparison

For the Metal Fabrication subindustry, Pitti Engineering'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.


Pitti Engineering Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


NSE:PITTIENG
91GF Score
Pitti Engineering Ltd NSE:PITTIENG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pitti Engineering 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.

Pitti Engineering's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=930.70/322.42
=2.89

* 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.

Pitti Engineering's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Pitti Engineering's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=135.752/164.2724*164.2724
=135.752

Current CPI (Mar. 2026) = 164.2724.

Pitti Engineering Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 21.517 105.961 33.358
201609 24.722 105.961 38.327
201612 28.499 105.196 44.504
201703 31.216 105.196 48.746
201706 33.960 107.109 52.084
201709 36.030 109.021 54.290
201712 31.351 109.404 47.074
201803 33.280 109.786 49.797
201806 44.987 111.317 66.388
201809 54.757 115.142 78.122
201812 56.593 115.142 80.741
201903 46.023 118.202 63.961
201906 50.007 120.880 67.958
201909 45.135 123.175 60.194
201912 36.901 126.235 48.020
202003 33.267 124.705 43.822
202006 19.195 127.000 24.828
202009 42.122 130.118 53.179
202012 47.200 130.889 59.238
202103 50.779 131.771 63.304
202106 54.655 134.084 66.960
202109 75.540 135.847 91.346
202112 82.472 138.161 98.059
202203 83.513 138.822 98.824
202206 96.869 142.347 111.789
202209 94.816 144.661 107.670
202212 74.323 145.763 83.761
202303 75.536 146.865 84.489
202306 90.465 150.280 98.888
202309 88.406 151.492 95.864
202312 88.229 152.924 94.776
202403 95.303 153.035 102.301
202406 114.235 155.789 120.456
202409 115.182 157.882 119.844
202412 110.238 158.323 114.381
202503 124.661 157.552 129.979
202506 122.508 159.755 125.972
202509 128.446 162.289 130.016
202512 128.419 163.281 129.199
202603 135.752 164.272 135.752

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 2.89 mean?
Pitti Engineering (NSE:PITTIENG) has a Cyclically Adjusted PS Ratio of 2.89 as of Jul. 28, 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 Pitti Engineering and its competitors. This is 25% above median its historical median of 2.31. Over the past decade, Pitti Engineering's Cyclically Adjusted PS Ratio has ranged from 0.18 to 5.59. According to the industry distribution chart, Pitti Engineering ranks #1535 out of 2301 companies in the Industrial Products industry, placing it in the top 66.7%.
Is Pitti Engineering's Cyclically Adjusted PS Ratio too high?
Pitti Engineering's current Cyclically Adjusted PS Ratio of 2.89 is 25% above median its 10-year median of 2.31. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 5.59. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.71. Pitti Engineering's value of 2.89 is 69% above this industry median. Based on the distribution chart, Pitti Engineering ranks #1535 out of 2301 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Pitti Engineering has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pitti Engineering's Cyclically Adjusted PS Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Pitti Engineering ranks #1535 out of 2301 companies for Cyclically Adjusted PS Ratio. This places Pitti Engineering in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.71. Pitti Engineering's value of 2.89 is 69% above this benchmark. Historically, Pitti Engineering's own Cyclically Adjusted PS Ratio has ranged from 0.18 to 5.59 over the past decade. While the company's 10-year median is 2.31 vs. the industry median of 1.71, Pitti Engineering 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 1.71, based on 2,301 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. Pitti Engineering's current Cyclically Adjusted PS Ratio of 2.89 is 69% 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 Pitti Engineering and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pitti Engineering's current Cyclically Adjusted PS Ratio is 2.89, which is 25% above median its own 10-year median of 2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pitti Engineering stock overvalued right now?
Based on GuruFocus' analysis, Pitti Engineering (NSE:PITTIENG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,144.47, compared to a current price of ₹930.70 — trading 18.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.89, which is 25% above median its 10-year median of 2.31 and 69% above the Industrial Products industry median of 1.71. Pitti Engineering's overall GF Score™ is 91/100 with 7 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 Pitti Engineering (NSE:PITTIENG), the current Cyclically Adjusted PS Ratio is 2.89 as of Jul. 28, 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 Pitti Engineering (NSE:PITTIENG) Overvalued in 2026?

Based on GuruFocus' analysis, Pitti Engineering stock appears to be undervalued. The current stock price of ₹930.70 is trading 18.7% below its estimated GF Value™ of ₹1,144.47. GuruFocus considers Pitti Engineering to be Modestly Undervalued.

Key valuation signals for NSE:PITTIENG:

  • Cyclically Adjusted PS Ratio: 2.89 (25% above median its 10-year median of 2.31)
  • GF Value™: ₹1,144.47 vs. price of ₹930.70 (18.7% below fair value)
  • GF Score™: 91/100 with 7 warning signs
  • Industry Position: 69% above the Industrial Products median (#1535 of 2301)

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


Pitti Engineering Business Description

Other Exchanges 513519:India
Address Padmaja Landmark, 6-3-648/401, 4th Floor, Somajiguda, Hyderabad, TG, IND, 500082
Pitti Engineering Ltd is engaged in the manufacturing of engineering products of iron and steel including castings, electrical steel laminations stator & rotor core assemblies sub-assemblies pole assemblies die-cast rotors press tools and high precision machining of various metal components. The company's products have applications in industrial motors, alternators, hydroelectric and thermal power generators, wind power generators, DC machines, railway traction motors, pumps, medical diagnostic equipment, and aeronautic wing control motors. It sells its products both in domestic and international markets and generates maximum revenue from India.
91GF Score

Get the complete analysis for NSE:PITTIENG

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

₹930.70
Price
₹1,144.47
GF Value