TGEN (Tecogen) Cyclically Adjusted PS Ratio: 2.96 (As of Jul. 12, 2026) — 236% Above Median


TGEN Tecogen Inc TGEN
49 GF Score
Price $4.12
GF Value $1.15
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Tecogen Cyclically Adjusted PS Ratio?

Tecogen TGEN -7.83% 49 Cyclically Adjusted PS Ratio is 2.96 as of Jul. 12, 2026, which is 236% above its 10-year median of 0.88. GuruFocus rates TGEN with a GF Score™ of 49/100 and a GF Value™ of $1.15 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,297 Industrial Products companies, Tecogen ranks worse than 64.95% on this metric.

As of today (2026-07-12), Tecogen's current share price is $4.12. Tecogen's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $1.39. Tecogen's Cyclically Adjusted PS Ratio for today is 2.96.

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

TGEN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.88   Max: 7.13
Current: 2.96

During the past years, Tecogen's highest Cyclically Adjusted PS Ratio was 7.13. The lowest was 0.43. And the median was 0.88.

TGEN's Cyclically Adjusted PS Ratio is ranked worse than
64.95% of 2297 companies
in the Industrial Products industry
Industry Median: 1.85 vs TGEN: 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.

Tecogen's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.212. 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 $1.39 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tecogen  (AMEX:TGEN) 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.


Tecogen Cyclically Adjusted PS Ratio Related Terms


Tecogen Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tecogen'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.

Tecogen Cyclically Adjusted PS Ratio Chart

Tecogen Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.87 0.56 1.03 3.57

Tecogen 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 1.58 4.84 6.29 3.57 1.84

TGEN vs UTKN, SKYX, EAF: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Tecogen'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.


Tecogen Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


TGEN
49GF Score
Tecogen Inc TGEN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tecogen 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.

Tecogen's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.12/1.39
=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.

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

For example, Tecogen'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)
=0.212/330.2130*330.2130
=0.212

Current CPI (Mar. 2026) = 330.2130.

Tecogen Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.298 241.018 0.408
201609 0.327 241.428 0.447
201612 0.356 241.432 0.487
201703 0.337 243.801 0.456
201706 0.328 244.955 0.442
201709 0.341 246.819 0.456
201712 0.403 246.524 0.540
201803 0.409 249.554 0.541
201806 0.341 251.989 0.447
201809 0.320 252.439 0.419
201812 0.375 251.233 0.493
201903 0.329 254.202 0.427
201906 0.317 256.143 0.409
201909 0.349 256.759 0.449
201912 0.351 256.974 0.451
202003 0.320 258.115 0.409
202006 0.299 257.797 0.383
202009 0.290 260.280 0.368
202012 0.228 260.474 0.289
202103 0.241 264.877 0.300
202106 0.245 271.696 0.298
202109 0.199 274.310 0.240
202112 0.286 278.802 0.339
202203 0.297 287.504 0.341
202206 0.258 296.311 0.288
202209 0.266 296.808 0.296
202212 0.182 296.797 0.202
202303 0.216 301.836 0.236
202306 0.272 305.109 0.294
202309 0.286 307.789 0.307
202312 0.237 306.746 0.255
202403 0.249 312.332 0.263
202406 0.190 314.175 0.200
202409 0.227 315.301 0.238
202412 0.244 315.605 0.255
202503 0.292 319.799 0.302
202506 0.289 322.561 0.296
202509 0.249 324.800 0.253
202512 0.178 324.054 0.181
202603 0.212 330.213 0.212

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?
Tecogen (TGEN) has a Cyclically Adjusted PS Ratio of 2.96 as of Jul. 12, 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 Tecogen and its competitors. This is 236% above median its historical median of 0.88. Over the past decade, Tecogen's Cyclically Adjusted PS Ratio has ranged from 0.43 to 7.13. According to the industry distribution chart, Tecogen ranks #1492 out of 2297 companies in the Industrial Products industry, placing it in the top 65%.
Is Tecogen's Cyclically Adjusted PS Ratio too high?
Tecogen's current Cyclically Adjusted PS Ratio of 2.96 is 236% above median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 7.13. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.85. Tecogen's value of 2.96 is 60% above this industry median. Based on the distribution chart, Tecogen ranks #1492 out of 2297 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Tecogen has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tecogen's Cyclically Adjusted PS Ratio compare to UTKN and SKYX?
According to the Industrial Products industry distribution chart, Tecogen ranks #1492 out of 2297 companies for Cyclically Adjusted PS Ratio. This places Tecogen in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.85. Tecogen's value of 2.96 is 60% above this benchmark. Historically, Tecogen's own Cyclically Adjusted PS Ratio has ranged from 0.43 to 7.13 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 1.85, Tecogen 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 1.85, based on 2,297 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. Tecogen's current Cyclically Adjusted PS Ratio of 2.96 is 60% 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 Tecogen and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tecogen's current Cyclically Adjusted PS Ratio is 2.96, which is 236% above median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tecogen stock overvalued right now?
Based on GuruFocus' analysis, Tecogen (TGEN) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.15, compared to a current price of $4.12 — trading 258.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.96, which is 236% above median its 10-year median of 0.88 and 60% above the Industrial Products industry median of 1.85. Tecogen's overall GF Score™ is 49/100 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 Tecogen (TGEN), the current Cyclically Adjusted PS Ratio is 2.96 as of Jul. 12, 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 Tecogen (TGEN) Overvalued in 2026?

Based on GuruFocus' analysis, Tecogen stock appears to be overvalued. The current stock price of $4.12 is trading 258.3% above its estimated GF Value™ of $1.15. GuruFocus considers Tecogen to be Significantly Overvalued.

Key valuation signals for TGEN:

  • Cyclically Adjusted PS Ratio: 2.96 (236% above median its 10-year median of 0.88)
  • GF Value™: $1.15 vs. price of $4.12 (258.3% above fair value)
  • GF Score™: 49/100 with 3 warning signs
  • Industry Position: 60% above the Industrial Products median (#1492 of 2297)

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


Tecogen Business Description

Other Exchanges 2T1:Germany
Address 76 Treble Cove Road, Building 1, North Billerica, MA, USA, 01862
Tecogen Inc produces commercial and industrial, natural-gas-fueled engine-driven, combined heat and power (CHP) products that reduce energy costs, decrease greenhouse gas emissions and alleviate congestion on the national power grid. Its products supply electric power or mechanical power for cooling. The company has three business segments: Products Segment, Services Segment, and Energy Production Segment. The majority of the company's revenue is derived from the Services segment, which provides operations and maintenance (O&M) services for its products under long term service contracts.
49GF Score

Get the complete analysis for TGEN

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

$4.12
Price
$1.15
GF Value