Reliance Industrial Infrastructure (NSE:RIIL) Cyclically Adjusted PS Ratio: 13.27 (As of Jul. 23, 2026) — Near Median

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NSE:RIIL Reliance Industrial Infrastructure Ltd NSE:RIIL
69 GF Score
Price ₹747.75
GF Value ₹748.34
Valuation Fairly Valued
! 3 Warning Signs
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What is Reliance Industrial Infrastructure Cyclically Adjusted PS Ratio?

Reliance Industrial Infrastructure NSE:RIIL -2.41% 69 Cyclically Adjusted PS Ratio is 13.27 as of Jul. 23, 2026, which is 0% below its 10-year median of 13.30. GuruFocus rates NSE:RIIL with a GF Score™ of 69/100 and a GF Value™ of ₹748.34 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,358 Construction companies, Reliance Industrial Infrastructure ranks worse than 98.01% on this metric.

As of today (2026-07-23), Reliance Industrial Infrastructure's current share price is ₹747.75. Reliance Industrial Infrastructure's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹56.36. Reliance Industrial Infrastructure's Cyclically Adjusted PS Ratio for today is 13.27.

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

NSE:RIIL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.72   Med: 13.3   Max: 22.1
Current: 13.84

During the past years, Reliance Industrial Infrastructure's highest Cyclically Adjusted PS Ratio was 22.10. The lowest was 2.72. And the median was 13.30.

NSE:RIIL's Cyclically Adjusted PS Ratio is ranked worse than
98.01% of 1358 companies
in the Construction industry
Industry Median: 0.7 vs NSE:RIIL: 13.84

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.

Reliance Industrial Infrastructure's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹5.720. 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 ₹56.36 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Reliance Industrial Infrastructure  (NSE:RIIL) 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.


Reliance Industrial Infrastructure Cyclically Adjusted PS Ratio Related Terms


Reliance Industrial Infrastructure Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Reliance Industrial Infrastructure'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.

Reliance Industrial Infrastructure Cyclically Adjusted PS Ratio Chart

Reliance Industrial Infrastructure 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 11.08 11.06 18.96 12.91 10.86

Reliance Industrial Infrastructure 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 15.75 14.18 13.59 10.86 14.46

NSE:RIIL vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Reliance Industrial Infrastructure'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.


Reliance Industrial Infrastructure Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Reliance Industrial Infrastructure's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Reliance Industrial Infrastructure's Cyclically Adjusted PS Ratio falls into.


NSE:RIIL
69GF Score
Reliance Industrial Infrastructure Ltd NSE:RIIL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reliance Industrial Infrastructure 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.

Reliance Industrial Infrastructure's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=747.75/56.36
=13.27

* 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.

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

For example, Reliance Industrial Infrastructure'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)
=5.72/166.1454*166.1454
=5.720

Current CPI (Jun. 2026) = 166.1454.

Reliance Industrial Infrastructure Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 14.652 102.901 23.657
201603 15.090 102.518 24.455
201606 15.296 105.961 23.984
201609 15.423 105.961 24.183
201703 0.000 105.196 0.000
201706 16.068 107.109 24.924
201709 13.151 109.021 20.042
201803 0.000 109.786 0.000
201809 14.105 115.142 20.353
201812 13.983 115.142 20.177
201903 13.871 118.202 19.497
201906 13.494 120.880 18.547
201909 13.206 123.175 17.813
201912 13.250 126.235 17.439
202003 12.896 124.705 17.181
202006 8.569 127.000 11.210
202009 9.015 130.118 11.511
202012 8.403 130.889 10.666
202103 9.979 131.771 12.582
202106 10.368 134.084 12.847
202109 11.078 135.847 13.549
202112 10.828 138.161 13.021
202203 10.829 138.822 12.960
202206 10.930 142.347 12.757
202209 11.013 144.661 12.649
202212 11.435 145.763 13.034
202303 11.683 146.865 13.217
202306 9.469 150.280 10.469
202309 9.494 151.492 10.412
202312 9.946 152.924 10.806
202403 9.636 153.035 10.462
202406 8.216 155.789 8.762
202409 8.121 157.882 8.546
202412 8.165 158.323 8.568
202503 8.275 157.552 8.726
202506 8.240 159.755 8.570
202509 8.074 162.289 8.266
202512 8.171 163.281 8.314
202603 5.577 164.272 5.641
202606 5.720 166.145 5.720

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 13.27 mean?
Reliance Industrial Infrastructure (NSE:RIIL) has a Cyclically Adjusted PS Ratio of 13.27 as of Jul. 23, 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 Reliance Industrial Infrastructure and its competitors. This is near median its historical median of 13.30. Over the past decade, Reliance Industrial Infrastructure's Cyclically Adjusted PS Ratio has ranged from 2.72 to 22.10. According to the industry distribution chart, Reliance Industrial Infrastructure ranks #1331 out of 1358 companies in the Construction industry, placing it in the top 98%.
Is Reliance Industrial Infrastructure's Cyclically Adjusted PS Ratio too high?
Reliance Industrial Infrastructure's current Cyclically Adjusted PS Ratio of 13.27 is near median its 10-year median of 13.30. Over the past 10 years, this metric has ranged from a low of 2.72 to a high of 22.10. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Reliance Industrial Infrastructure's value of 13.27 is 1795.7% above this industry median. Based on the distribution chart, Reliance Industrial Infrastructure ranks #1331 out of 1358 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Reliance Industrial Infrastructure has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Reliance Industrial Infrastructure's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Reliance Industrial Infrastructure ranks #1331 out of 1358 companies for Cyclically Adjusted PS Ratio. This places Reliance Industrial Infrastructure in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Reliance Industrial Infrastructure's value of 13.27 is 1795.7% above this benchmark. Historically, Reliance Industrial Infrastructure's own Cyclically Adjusted PS Ratio has ranged from 2.72 to 22.10 over the past decade. While the company's 10-year median is 13.30 vs. the industry median of 0.70, Reliance Industrial Infrastructure 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 1,358 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. Reliance Industrial Infrastructure's current Cyclically Adjusted PS Ratio of 13.27 is 1795.7% 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 Reliance Industrial Infrastructure 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. Reliance Industrial Infrastructure's current Cyclically Adjusted PS Ratio is 13.27, which is near median its own 10-year median of 13.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance Industrial Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Reliance Industrial Infrastructure (NSE:RIIL) is currently considered Fairly Valued. The stock's GF Value™ is ₹748.34, compared to a current price of ₹747.75 — trading 0.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 13.27, which is near median its 10-year median of 13.30 and 1795.7% above the Construction industry median of 0.70. Reliance Industrial Infrastructure's overall GF Score™ is 69/100 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 Reliance Industrial Infrastructure (NSE:RIIL), the current Cyclically Adjusted PS Ratio is 13.27 as of Jul. 23, 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 Reliance Industrial Infrastructure (NSE:RIIL) Overvalued in 2026?

Based on GuruFocus' analysis, Reliance Industrial Infrastructure stock appears to be undervalued. The current stock price of ₹747.75 is trading 0.1% below its estimated GF Value™ of ₹748.34. GuruFocus considers Reliance Industrial Infrastructure to be Fairly Valued.

Key valuation signals for NSE:RIIL:

  • Cyclically Adjusted PS Ratio: 13.27 (near median its 10-year median of 13.30)
  • GF Value™: ₹748.34 vs. price of ₹747.75 (0.1% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 1795.7% above the Construction median (#1331 of 1358)

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


Reliance Industrial Infrastructure Business Description

Other Exchanges 523445:India
Address Lokmanya Tilak Marg, 4th Floor, Court House, Dhobi Talao, Mumbai, MH, IND, 400 002
Reliance Industrial Infrastructure Ltd is engaged in the Infrastructure and Support Services Activities. Its main activities are pipelines for transportation of petroleum products, natural gas & raw water, and other infrastructure support services. The Company has its operations mainly in the Mumbai and the Rasayani regions of Maharashtra, and Hazira (Surat) in Gujarat.
69GF Score

Get the complete analysis for NSE:RIIL

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

₹747.75
Price
₹748.34
GF Value