Polaris Renewable Energy (TSX:PIF) Cyclically Adjusted PS Ratio: 2.65 (As of Jul. 14, 2026) — 1556% Above Median

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TSX:PIF Polaris Renewable Energy Inc TSX:PIF
80 GF Score
Price C$15.50
GF Value C$12.83
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Polaris Renewable Energy Cyclically Adjusted PS Ratio?

Polaris Renewable Energy TSX:PIF 80 Cyclically Adjusted PS Ratio is 2.65 as of Jul. 14, 2026, which is 1556% above its 10-year median of 0.16. GuruFocus rates TSX:PIF with a GF Score™ of 80/100 and a GF Value™ of C$12.83 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 269 Utilities - Independent Power Producers companies, Polaris Renewable Energy ranks worse than 64.31% on this metric.

As of today (2026-07-14), Polaris Renewable Energy's current share price is C$15.50. Polaris Renewable Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$5.86. Polaris Renewable Energy's Cyclically Adjusted PS Ratio for today is 2.65.

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

TSX:PIF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.16   Max: 2.72
Current: 2.64

During the past years, Polaris Renewable Energy's highest Cyclically Adjusted PS Ratio was 2.72. The lowest was 0.05. And the median was 0.16.

TSX:PIF's Cyclically Adjusted PS Ratio is ranked worse than
64.31% of 269 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.65 vs TSX:PIF: 2.64

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.

Polaris Renewable Energy's adjusted revenue per share data for the three months ended in Mar. 2026 was C$1.287. 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 C$5.86 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Polaris Renewable Energy  (TSX:PIF) 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.


Polaris Renewable Energy Cyclically Adjusted PS Ratio Related Terms


Polaris Renewable Energy Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Polaris Renewable Energy'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.

Polaris Renewable Energy Cyclically Adjusted PS Ratio Chart

Polaris Renewable Energy 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 0.16 0.16 0.25 0.82 2.04

Polaris Renewable Energy 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 1.99 2.07 2.34 2.04 2.09

Polaris Renewable Energy Cyclically Adjusted PS Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Polaris Renewable Energy'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.


Polaris Renewable Energy Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

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

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


TSX:PIF
80GF Score
Polaris Renewable Energy Inc TSX:PIF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polaris Renewable Energy 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.

Polaris Renewable Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.50/5.86
=2.65

* 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.

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

For example, Polaris Renewable Energy'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)
=1.287/132.2623*132.2623
=1.287

Current CPI (Mar. 2026) = 132.2623.

Polaris Renewable Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.004 102.002 1.302
201609 1.192 101.765 1.549
201612 1.335 101.449 1.740
201703 1.141 102.634 1.470
201706 1.348 103.029 1.730
201709 1.194 103.345 1.528
201712 1.264 103.345 1.618
201803 1.209 105.004 1.523
201806 1.473 105.557 1.846
201809 1.509 105.636 1.889
201812 1.297 105.399 1.628
201903 1.526 106.979 1.887
201906 1.461 107.690 1.794
201909 1.422 107.611 1.748
201912 1.435 107.769 1.761
202003 1.729 107.927 2.119
202006 1.633 108.401 1.992
202009 1.378 108.164 1.685
202012 1.271 108.559 1.549
202103 1.123 110.298 1.347
202106 0.887 111.720 1.050
202109 0.966 112.905 1.132
202112 0.935 113.774 1.087
202203 1.037 117.646 1.166
202206 0.986 120.806 1.080
202209 0.953 120.648 1.045
202212 1.087 120.964 1.189
202303 1.308 122.702 1.410
202306 1.311 124.203 1.396
202309 1.205 125.230 1.273
202312 1.194 125.072 1.263
202403 1.320 126.258 1.383
202406 1.301 127.522 1.349
202409 1.132 127.285 1.176
202412 1.255 127.364 1.303
202503 1.378 129.181 1.411
202506 1.343 129.892 1.368
202509 1.245 130.287 1.264
202512 1.276 130.366 1.295
202603 1.287 132.262 1.287

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 2.65 mean?
Polaris Renewable Energy (TSX:PIF) has a Cyclically Adjusted PS Ratio of 2.65 as of Jul. 14, 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 Polaris Renewable Energy and its competitors. This is 1556% above median its historical median of 0.16. Over the past decade, Polaris Renewable Energy's Cyclically Adjusted PS Ratio has ranged from 0.05 to 2.72. According to the industry distribution chart, Polaris Renewable Energy ranks #173 out of 269 companies in the Utilities - Independent Power Producers industry, placing it in the top 64.3%.
Is Polaris Renewable Energy's Cyclically Adjusted PS Ratio too high?
Polaris Renewable Energy's current Cyclically Adjusted PS Ratio of 2.65 is 1556% above median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 2.72. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.65. Polaris Renewable Energy's value of 2.65 is 60.6% above this industry median. Based on the distribution chart, Polaris Renewable Energy ranks #173 out of 269 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Polaris Renewable Energy has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Polaris Renewable Energy's Cyclically Adjusted PS Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Polaris Renewable Energy ranks #173 out of 269 companies for Cyclically Adjusted PS Ratio. This places Polaris Renewable Energy in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.65. Polaris Renewable Energy's value of 2.65 is 60.6% above this benchmark. Historically, Polaris Renewable Energy's own Cyclically Adjusted PS Ratio has ranged from 0.05 to 2.72 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 1.65, Polaris Renewable Energy 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 Utilities - Independent Power Producers company?
The median Cyclically Adjusted PS Ratio among Utilities - Independent Power Producers companies is 1.65, based on 269 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. Polaris Renewable Energy's current Cyclically Adjusted PS Ratio of 2.65 is 60.6% 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 Polaris Renewable Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polaris Renewable Energy's current Cyclically Adjusted PS Ratio is 2.65, which is 1556% above median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polaris Renewable Energy stock overvalued right now?
Based on GuruFocus' analysis, Polaris Renewable Energy (TSX:PIF) is currently considered Modestly Overvalued. The stock's GF Value™ is C$12.83, compared to a current price of C$15.50 — trading 20.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.65, which is 1556% above median its 10-year median of 0.16 and 60.6% above the Utilities - Independent Power Producers industry median of 1.65. Polaris Renewable Energy's overall GF Score™ is 80/100 with 11 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 Polaris Renewable Energy (TSX:PIF), the current Cyclically Adjusted PS Ratio is 2.65 as of Jul. 14, 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 Polaris Renewable Energy (TSX:PIF) Overvalued in 2026?

Based on GuruFocus' analysis, Polaris Renewable Energy stock appears to be overvalued. The current stock price of C$15.50 is trading 20.8% above its estimated GF Value™ of C$12.83. GuruFocus considers Polaris Renewable Energy to be Modestly Overvalued.

Key valuation signals for TSX:PIF:

  • Cyclically Adjusted PS Ratio: 2.65 (1556% above median its 10-year median of 0.16)
  • GF Value™: C$12.83 vs. price of C$15.50 (20.8% above fair value)
  • GF Score™: 80/100 with 11 warning signs
  • Industry Position: 60.6% above the Utilities - Independent Power Producers median (#173 of 269)

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


Polaris Renewable Energy Business Description

Other Exchanges RAMPF:USAN4T:Germany
Address 7 St. Thomas Street, Suite 606, Toronto, ON, CAN, M5S 2B7
Polaris Renewable Energy Inc is engaged in the acquisition, exploration, development, and operation of renewable energy projects in Latin America and the Caribbean. The company has six reportable operating segments: 1) Nicaragua: It includes acquisition, exploration, development and operation of a geothermal project, 2) Peru: It includes acquisition, development and operation of hydroelectric projects, 3) Panama: It includes acquisition, development and operation of solar projects, 4) Dominican Republic: It includes acquisition, development and operation of solar projects, 5) Puerto Rico: It includes acquisition, development and operation of onshore wind farms, 6) Ecuador: It includes acquisition and operation of hydroelectric projects. The majority of revenue is derived from Nicaragua.
80GF Score

Get the complete analysis for TSX:PIF

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

C$15.50
Price
C$12.83
GF Value