RattanIndia Power (NSE:RTNPOWER) Cyclically Adjusted PS Ratio: 1.16 (As of Jul. 26, 2026) — 15% Below Median

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NSE:RTNPOWER RattanIndia Power Ltd NSE:RTNPOWER
66 GF Score
Price ₹8.63
GF Value ₹9.51
Valuation Fairly Valued
! 8 Warning Signs
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What is RattanIndia Power Cyclically Adjusted PS Ratio?

RattanIndia Power NSE:RTNPOWER +1.05% 66 Cyclically Adjusted PS Ratio is 1.16 as of Jul. 26, 2026, which is 15% below its 10-year median of 1.36. GuruFocus rates NSE:RTNPOWER with a GF Score™ of 66/100 and a GF Value™ of ₹9.51 (Fairly Valued). The stock has 8 warning signs investors should review. Among 270 Utilities - Independent Power Producers companies, RattanIndia Power ranks better than 60% on this metric.

As of today (2026-07-26), RattanIndia Power's current share price is ₹8.63. RattanIndia Power's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹7.43. RattanIndia Power's Cyclically Adjusted PS Ratio for today is 1.16.

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

NSE:RTNPOWER' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.36   Max: 3.01
Current: 1.16

During the past years, RattanIndia Power's highest Cyclically Adjusted PS Ratio was 3.01. The lowest was 0.48. And the median was 1.36.

NSE:RTNPOWER's Cyclically Adjusted PS Ratio is ranked better than
60% of 270 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.69 vs NSE:RTNPOWER: 1.16

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.

RattanIndia Power's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹1.567. 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 ₹7.43 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


RattanIndia Power  (NSE:RTNPOWER) 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.


RattanIndia Power Cyclically Adjusted PS Ratio Related Terms


RattanIndia Power Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for RattanIndia Power'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.

RattanIndia Power Cyclically Adjusted PS Ratio Chart

RattanIndia Power 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 0.00 0.48 1.30 1.44 1.04

RattanIndia Power 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 2.23 1.58 1.31 1.04 1.22

NSE:RTNPOWER vs CEG, VST, NRG: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Independent Power Producers subindustry, RattanIndia Power'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.


RattanIndia Power Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, RattanIndia Power's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:RTNPOWER
66GF Score
RattanIndia Power Ltd NSE:RTNPOWER
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RattanIndia Power 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.

RattanIndia Power's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.63/7.43
=1.16

* 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.

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

For example, RattanIndia Power'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)
=1.567/166.1454*166.1454
=1.567

Current CPI (Jun. 2026) = 166.1454.

RattanIndia Power Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 0.494 97.163 0.845
201506 1.016 99.841 1.691
201509 2.326 101.753 3.798
201512 2.942 102.901 4.750
201603 2.938 102.518 4.761
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 2.338 111.317 3.490
201809 2.090 115.142 3.016
201812 1.074 115.142 1.550
201903 1.018 118.202 1.431
201906 1.896 120.880 2.606
201909 1.853 123.175 2.499
201912 0.815 126.235 1.073
202003 0.596 124.705 0.794
202006 0.395 127.000 0.517
202009 0.404 130.118 0.516
202012 0.617 130.889 0.783
202103 1.288 131.771 1.624
202106 1.633 134.084 2.023
202109 1.415 135.847 1.731
202112 1.499 138.161 1.803
202203 1.521 138.822 1.820
202206 1.559 142.347 1.820
202209 1.183 144.661 1.359
202212 1.576 145.763 1.796
202303 1.681 146.865 1.902
202306 1.573 150.280 1.739
202309 1.488 151.492 1.632
202312 1.497 152.924 1.626
202403 1.708 153.035 1.854
202406 1.703 155.789 1.816
202409 1.271 157.882 1.338
202412 1.694 158.323 1.778
202503 1.710 157.552 1.803
202506 1.254 159.755 1.304
202509 1.243 162.289 1.273
202512 1.342 163.281 1.366
202603 1.471 164.272 1.488
202606 1.567 166.145 1.567

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 1.16 mean?
RattanIndia Power (NSE:RTNPOWER) has a Cyclically Adjusted PS Ratio of 1.16 as of Jul. 26, 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 RattanIndia Power and its competitors. This is 15% below median its historical median of 1.36. Over the past decade, RattanIndia Power's Cyclically Adjusted PS Ratio has ranged from 0.48 to 3.01. According to the industry distribution chart, RattanIndia Power ranks #108 out of 270 companies in the Utilities - Independent Power Producers industry, placing it in the top 40%.
Is RattanIndia Power's Cyclically Adjusted PS Ratio too high?
RattanIndia Power's current Cyclically Adjusted PS Ratio of 1.16 is 15% below median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 3.01. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.69. RattanIndia Power's value of 1.16 is 31.4% below this industry median. Based on the distribution chart, RattanIndia Power ranks #108 out of 270 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, RattanIndia Power has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does RattanIndia Power's Cyclically Adjusted PS Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, RattanIndia Power ranks #108 out of 270 companies for Cyclically Adjusted PS Ratio. This puts RattanIndia Power in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.69. RattanIndia Power's value of 1.16 is 31.4% below this benchmark. Historically, RattanIndia Power's own Cyclically Adjusted PS Ratio has ranged from 0.48 to 3.01 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 1.69, RattanIndia Power 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 Utilities - Independent Power Producers company?
The median Cyclically Adjusted PS Ratio among Utilities - Independent Power Producers companies is 1.69, based on 270 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. RattanIndia Power's current Cyclically Adjusted PS Ratio of 1.16 is 31.4% 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 RattanIndia Power and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RattanIndia Power's current Cyclically Adjusted PS Ratio is 1.16, which is 15% below median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RattanIndia Power stock overvalued right now?
Based on GuruFocus' analysis, RattanIndia Power (NSE:RTNPOWER) is currently considered Fairly Valued. The stock's GF Value™ is ₹9.51, compared to a current price of ₹8.63 — trading 9.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.16, which is 15% below median its 10-year median of 1.36 and 31.4% below the Utilities - Independent Power Producers industry median of 1.69. RattanIndia Power's overall GF Score™ is 66/100 with 8 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 RattanIndia Power (NSE:RTNPOWER), the current Cyclically Adjusted PS Ratio is 1.16 as of Jul. 26, 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 RattanIndia Power (NSE:RTNPOWER) Overvalued in 2026?

Based on GuruFocus' analysis, RattanIndia Power stock appears to be undervalued. The current stock price of ₹8.63 is trading 9.3% below its estimated GF Value™ of ₹9.51. GuruFocus considers RattanIndia Power to be Fairly Valued.

Key valuation signals for NSE:RTNPOWER:

  • Cyclically Adjusted PS Ratio: 1.16 (15% below median its 10-year median of 1.36)
  • GF Value™: ₹9.51 vs. price of ₹8.63 (9.3% below fair value)
  • GF Score™: 66/100 with 8 warning signs
  • Industry Position: 31.4% below the Utilities - Independent Power Producers median (#108 of 270)

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


RattanIndia Power Business Description

Other Exchanges 533122:India
Address Aerocity, 5th Floor, Tower-B, Worldmark-I, New Delhi, IND, 110037
RattanIndia Power Ltd is engaged in thermal power generation, operating coal-based power plants with a total installed capacity of 2,700 MW across Amravati and Nashik in Maharashtra. The company generates revenue majorly through the sale of electricity to state utilities and other power off-takers. It manages large-scale thermal power projects and supporting infrastructure, including residential townships for personnel. RattanIndia focuses on efficient power generation operations while navigating the challenges of coal supply and long-term power purchase agreements. The company has gradually exited solar energy ventures to concentrate on its core thermal power business.
66GF Score

Get the complete analysis for NSE:RTNPOWER

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

₹8.63
Price
₹9.51
GF Value