Techno Electric & Engineering Co (NSE:TECHNOE) Cyclically Adjusted PS Ratio: 6.39 (As of Aug. 25, 2026) — 48% Above Median

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NSE:TECHNOE Techno Electric & Engineering Co Ltd NSE:TECHNOE
83 GF Score
Price ₹998.05
GF Value ₹1,936.13
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Techno Electric & Engineering Co Cyclically Adjusted PS Ratio?

Techno Electric & Engineering Co NSE:TECHNOE +1.07% 83 Cyclically Adjusted PS Ratio is 6.39 as of Aug. 25, 2026, which is 48% above its 10-year median of 4.33. GuruFocus rates NSE:TECHNOE with a GF Score™ of 83/100 and a GF Value™ of ₹1,936.13 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,374 Construction companies, Techno Electric & Engineering Co ranks worse than 94.61% on this metric.

As of today (2026-08-25), Techno Electric & Engineering Co's current share price is ₹998.05. Techno Electric & Engineering Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹156.26. Techno Electric & Engineering Co's Cyclically Adjusted PS Ratio for today is 6.39.

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

NSE:TECHNOE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.81   Med: 4.33   Max: 13.82
Current: 6.31

During the past years, Techno Electric & Engineering Co's highest Cyclically Adjusted PS Ratio was 13.82. The lowest was 1.81. And the median was 4.33.

NSE:TECHNOE's Cyclically Adjusted PS Ratio is ranked worse than
94.61% of 1374 companies
in the Construction industry
Industry Median: 0.7 vs NSE:TECHNOE: 6.31

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.

Techno Electric & Engineering Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹54.167. 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 ₹156.26 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Techno Electric & Engineering Co  (NSE:TECHNOE) 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.


Techno Electric & Engineering Co Cyclically Adjusted PS Ratio Related Terms


Techno Electric & Engineering Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Techno Electric & Engineering 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.

Techno Electric & Engineering Co Cyclically Adjusted PS Ratio Chart

Techno Electric & Engineering 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 2.26 2.99 6.37 7.53 6.49

Techno Electric & Engineering 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 11.70 9.32 7.36 6.49 6.75

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

For the Engineering & Construction subindustry, Techno Electric & Engineering 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.


Techno Electric & Engineering Co Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Techno Electric & Engineering Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Techno Electric & Engineering Co's Cyclically Adjusted PS Ratio falls into.


NSE:TECHNOE
83GF Score
Techno Electric & Engineering Co Ltd NSE:TECHNOE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Techno Electric & Engineering 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.

Techno Electric & Engineering Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=998.05/156.26
=6.39

* 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.

Techno Electric & Engineering Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Techno Electric & Engineering 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)
=54.167/167.3573*167.3573
=54.167

Current CPI (Jun. 2026) = 167.3573.

Techno Electric & Engineering Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 32.129 105.961 50.745
201612 31.194 105.196 49.627
201703 32.107 105.196 51.079
201706 36.575 107.109 57.148
201709 22.503 109.021 34.544
201712 26.790 109.404 40.981
201803 27.957 109.786 42.617
201806 26.827 111.317 40.333
201809 20.353 115.142 29.583
201812 23.903 115.142 34.743
201903 16.355 118.202 23.156
201906 21.488 120.880 29.750
201909 23.938 123.175 32.524
201912 23.713 126.235 31.438
202003 7.932 124.705 10.645
202006 15.452 127.000 20.362
202009 23.360 130.118 30.046
202012 22.495 130.889 28.763
202103 19.490 131.771 24.754
202106 17.220 134.084 21.493
202109 24.886 135.847 30.658
202112 27.043 138.161 32.758
202203 19.618 138.822 23.651
202206 13.218 142.347 15.540
202209 16.902 144.661 19.554
202212 16.986 145.763 19.502
202303 28.882 146.865 32.912
202306 25.480 150.280 28.375
202309 42.922 151.492 47.417
202312 30.316 152.924 33.177
202403 40.406 153.035 44.188
202406 34.896 155.789 37.487
202409 38.517 157.882 40.829
202412 54.669 158.323 57.789
202503 70.161 157.552 74.528
202506 45.209 159.755 47.360
202509 72.514 162.289 74.779
202512 74.969 163.281 76.841
202603 86.880 164.272 88.512
202606 54.167 167.357 54.167

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 6.39 mean?
Techno Electric & Engineering Co (NSE:TECHNOE) has a Cyclically Adjusted PS Ratio of 6.39 as of Aug. 25, 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 Techno Electric & Engineering Co and its competitors. This is 48% above median its historical median of 4.33. Over the past decade, Techno Electric & Engineering Co's Cyclically Adjusted PS Ratio has ranged from 1.81 to 13.82. According to the industry distribution chart, Techno Electric & Engineering Co ranks #1300 out of 1374 companies in the Construction industry, placing it in the top 94.6%.
Is Techno Electric & Engineering Co's Cyclically Adjusted PS Ratio too high?
Techno Electric & Engineering Co's current Cyclically Adjusted PS Ratio of 6.39 is 48% above median its 10-year median of 4.33. Over the past 10 years, this metric has ranged from a low of 1.81 to a high of 13.82. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Techno Electric & Engineering Co's value of 6.39 is 812.9% above this industry median. Based on the distribution chart, Techno Electric & Engineering Co ranks #1300 out of 1374 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Techno Electric & Engineering Co has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Techno Electric & Engineering Co's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Techno Electric & Engineering Co ranks #1300 out of 1374 companies for Cyclically Adjusted PS Ratio. This places Techno Electric & Engineering Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Techno Electric & Engineering Co's value of 6.39 is 812.9% above this benchmark. Historically, Techno Electric & Engineering Co's own Cyclically Adjusted PS Ratio has ranged from 1.81 to 13.82 over the past decade. While the company's 10-year median is 4.33 vs. the industry median of 0.70, Techno Electric & Engineering 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 1,374 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. Techno Electric & Engineering Co's current Cyclically Adjusted PS Ratio of 6.39 is 812.9% 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 Techno Electric & Engineering 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. Techno Electric & Engineering Co's current Cyclically Adjusted PS Ratio is 6.39, which is 48% above median its own 10-year median of 4.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techno Electric & Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Techno Electric & Engineering Co (NSE:TECHNOE) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1,936.13, compared to a current price of ₹998.05 — trading 48.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.39, which is 48% above median its 10-year median of 4.33 and 812.9% above the Construction industry median of 0.70. Techno Electric & Engineering Co's overall GF Score™ is 83/100 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 Techno Electric & Engineering Co (NSE:TECHNOE), the current Cyclically Adjusted PS Ratio is 6.39 as of Aug. 25, 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 Techno Electric & Engineering Co (NSE:TECHNOE) Overvalued in 2026?

Based on GuruFocus' analysis, Techno Electric & Engineering Co stock appears to be undervalued. The current stock price of ₹998.05 is trading 48.5% below its estimated GF Value™ of ₹1,936.13. GuruFocus considers Techno Electric & Engineering Co to be Possible Value Trap.

Key valuation signals for NSE:TECHNOE:

  • Cyclically Adjusted PS Ratio: 6.39 (48% above median its 10-year median of 4.33)
  • GF Value™: ₹1,936.13 vs. price of ₹998.05 (48.5% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 812.9% above the Construction median (#1300 of 1374)

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


Techno Electric & Engineering Co Business Description

Other Exchanges 542141:India
Address 71 Park Street, 1B, Park Plaza, South Block, Kolkata, WB, IND, 700016
Techno Electric & Engineering Co Ltd provides engineering, procurement, and construction services to the power sector, including generation, transmission, and distribution. The company is also engaged in the generation of wind power through wind turbine generators. Its business segments are EPC (Construction) and Others. The Engineering, Procurement, and Construction business, which generates the majority of the company's revenue, mainly provides solutions to several installed thermal and interregional transmission capacities in India.
83GF Score

Get the complete analysis for NSE:TECHNOE

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

₹998.05
Price
₹1,936.13
GF Value