VA Tech Wabag (NSE:WABAG) Cyclically Adjusted PS Ratio: 2.96 (As of Aug. 19, 2026) — 275% Above Median

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NSE:WABAG VA Tech Wabag Ltd NSE:WABAG
83 GF Score
Price ₹1,977.30
GF Value ₹1,696.85
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is VA Tech Wabag Cyclically Adjusted PS Ratio?

VA Tech Wabag NSE:WABAG -0.17% 83 Cyclically Adjusted PS Ratio is 2.96 as of Aug. 19, 2026, which is 275% above its 10-year median of 0.79. GuruFocus rates NSE:WABAG with a GF Score™ of 83/100 and a GF Value™ of ₹1,696.85 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,373 Construction companies, VA Tech Wabag ranks worse than 85.29% on this metric.

As of today (2026-08-19), VA Tech Wabag's current share price is ₹1977.30. VA Tech Wabag's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹668.39. VA Tech Wabag's Cyclically Adjusted PS Ratio for today is 2.96.

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

NSE:WABAG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.79   Max: 3.32
Current: 2.96

During the past years, VA Tech Wabag's highest Cyclically Adjusted PS Ratio was 3.32. The lowest was 0.32. And the median was 0.79.

NSE:WABAG's Cyclically Adjusted PS Ratio is ranked worse than
85.29% of 1373 companies
in the Construction industry
Industry Median: 0.7 vs NSE:WABAG: 2.96

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.

VA Tech Wabag's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹139.368. 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 ₹668.39 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


VA Tech Wabag  (NSE:WABAG) 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.


VA Tech Wabag Cyclically Adjusted PS Ratio Related Terms


VA Tech Wabag Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for VA Tech Wabag'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.

VA Tech Wabag Cyclically Adjusted PS Ratio Chart

VA Tech Wabag 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 0.46 0.55 1.20 2.27 1.76

VA Tech Wabag 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 2.29 2.20 1.99 1.76 3.01

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

For the Engineering & Construction subindustry, VA Tech Wabag'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.


VA Tech Wabag Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, VA Tech Wabag's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where VA Tech Wabag's Cyclically Adjusted PS Ratio falls into.


NSE:WABAG
83GF Score
VA Tech Wabag Ltd NSE:WABAG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VA Tech Wabag 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.

VA Tech Wabag's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1977.30/668.39
=2.96

* 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.

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

For example, VA Tech Wabag'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)
=139.368/167.3573*167.3573
=139.368

Current CPI (Jun. 2026) = 167.3573.

VA Tech Wabag Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 141.999 105.961 224.276
201612 131.879 105.196 209.808
201703 204.111 105.196 324.722
201706 122.496 107.109 191.400
201709 161.816 109.021 248.402
201712 158.211 109.404 242.018
201803 184.613 109.786 281.422
201806 125.839 111.317 189.191
201809 137.465 115.142 199.804
201812 121.048 115.142 175.942
201903 113.737 118.202 161.035
201906 83.640 120.880 115.799
201909 116.469 123.175 158.246
201912 124.278 126.235 164.762
202003 137.492 124.705 184.518
202006 78.417 127.000 103.336
202009 111.173 130.118 142.990
202012 127.998 130.889 163.661
202103 155.041 131.771 196.912
202106 105.851 134.084 132.118
202109 110.080 135.847 135.614
202112 119.858 138.161 145.187
202203 137.972 138.822 166.333
202206 91.732 142.347 107.849
202209 120.513 144.661 139.421
202212 104.865 145.763 120.401
202303 146.954 146.865 167.459
202306 88.890 150.280 98.991
202309 106.930 151.492 118.128
202312 113.266 152.924 123.956
202403 145.474 153.035 159.089
202406 99.557 155.789 106.950
202409 110.997 157.882 117.658
202412 128.581 158.323 135.918
202503 215.669 157.552 229.092
202506 117.976 159.755 123.590
202509 132.359 162.289 136.492
202512 152.425 163.281 156.230
202603 246.721 164.272 251.354
202606 139.368 167.357 139.368

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 2.96 mean?
VA Tech Wabag (NSE:WABAG) has a Cyclically Adjusted PS Ratio of 2.96 as of Aug. 19, 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 VA Tech Wabag and its competitors. This is 275% above median its historical median of 0.79. Over the past decade, VA Tech Wabag's Cyclically Adjusted PS Ratio has ranged from 0.32 to 3.32. According to the industry distribution chart, VA Tech Wabag ranks #1171 out of 1373 companies in the Construction industry, placing it in the top 85.3%.
Is VA Tech Wabag's Cyclically Adjusted PS Ratio too high?
VA Tech Wabag's current Cyclically Adjusted PS Ratio of 2.96 is 275% above median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 3.32. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. VA Tech Wabag's value of 2.96 is 322.9% above this industry median. Based on the distribution chart, VA Tech Wabag ranks #1171 out of 1373 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, VA Tech Wabag has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VA Tech Wabag's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, VA Tech Wabag ranks #1171 out of 1373 companies for Cyclically Adjusted PS Ratio. This places VA Tech Wabag in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. VA Tech Wabag's value of 2.96 is 322.9% above this benchmark. Historically, VA Tech Wabag's own Cyclically Adjusted PS Ratio has ranged from 0.32 to 3.32 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 0.70, VA Tech Wabag 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 1,373 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. VA Tech Wabag's current Cyclically Adjusted PS Ratio of 2.96 is 322.9% 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 VA Tech Wabag 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. VA Tech Wabag's current Cyclically Adjusted PS Ratio is 2.96, which is 275% above median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VA Tech Wabag stock overvalued right now?
Based on GuruFocus' analysis, VA Tech Wabag (NSE:WABAG) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,696.85, compared to a current price of ₹1,977.30 — trading 16.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.96, which is 275% above median its 10-year median of 0.79 and 322.9% above the Construction industry median of 0.70. VA Tech Wabag's overall GF Score™ is 83/100 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 VA Tech Wabag (NSE:WABAG), the current Cyclically Adjusted PS Ratio is 2.96 as of Aug. 19, 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 VA Tech Wabag (NSE:WABAG) Overvalued in 2026?

Based on GuruFocus' analysis, VA Tech Wabag stock appears to be overvalued. The current stock price of ₹1,977.30 is trading 16.5% above its estimated GF Value™ of ₹1,696.85. GuruFocus considers VA Tech Wabag to be Modestly Overvalued.

Key valuation signals for NSE:WABAG:

  • Cyclically Adjusted PS Ratio: 2.96 (275% above median its 10-year median of 0.79)
  • GF Value™: ₹1,696.85 vs. price of ₹1,977.30 (16.5% above fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 322.9% above the Construction median (#1171 of 1373)

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


VA Tech Wabag Business Description

Other Exchanges 533269:India
Address 200 Feet Thoraipakkam - Pallavaram Main Road, Wabag House, No. 17, Sunnambu Kolathur, Chennai, TN, IND, 600117
VA Tech Wabag Ltd provides engineering solutions in the water treatment industry. The group is engaged in the construction and maintenance of water treatment plants. The company design completes and operates drinking water and wastewater plants for both the municipal and industrial sectors. The company offers sustained solutions for special customer needs through a comprehensive range of services and technologies. The company provides lifecycle solutions, including conceptualization, design, engineering, procurement, supply, installation, construction, and operations and maintenance services. It has two geographical operating segments which are India and Rest of world, where it makes majority of the revenue from India.
83GF Score

Get the complete analysis for NSE:WABAG

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

₹1,977.30
Price
₹1,696.85
GF Value