Bajaj Electricals (BOM:500031) Cyclically Adjusted PS Ratio: 0.66 (As of Aug. 10, 2026) — 61% Below Median

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BOM:500031 Bajaj Electricals Ltd BOM:500031
52 GF Score
Price ₹371.90
GF Value ₹766.08
Valuation Possible Value Trap
! 5 Warning Signs
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What is Bajaj Electricals Cyclically Adjusted PS Ratio?

Bajaj Electricals BOM:500031 -2.89% 52 Cyclically Adjusted PS Ratio is 0.66 as of Aug. 10, 2026, which is 61% below its 10-year median of 1.71. GuruFocus rates BOM:500031 with a GF Score™ of 52/100 and a GF Value™ of ₹766.08 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 335 Furnishings, Fixtures & Appliances companies, Bajaj Electricals ranks better than 51.64% on this metric.

As of today (2026-08-10), Bajaj Electricals's current share price is ₹371.90. Bajaj Electricals's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹566.03. Bajaj Electricals's Cyclically Adjusted PS Ratio for today is 0.66.

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

BOM:500031' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.71   Max: 2.51
Current: 0.66

During the past years, Bajaj Electricals's highest Cyclically Adjusted PS Ratio was 2.51. The lowest was 0.55. And the median was 1.71.

BOM:500031's Cyclically Adjusted PS Ratio is ranked better than
51.64% of 335 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.69 vs BOM:500031: 0.66

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.

Bajaj Electricals's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹103.583. 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 ₹566.03 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bajaj Electricals  (BOM:500031) 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.


Bajaj Electricals Cyclically Adjusted PS Ratio Related Terms


Bajaj Electricals Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bajaj Electricals'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.

Bajaj Electricals Cyclically Adjusted PS Ratio Chart

Bajaj Electricals 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 1.78 1.71 1.55 0.95 0.60

Bajaj Electricals 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 0.95 1.19 0.94 0.83 0.60

BOM:500031 vs SN, SGI, MHK: Cyclically Adjusted PS Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Bajaj Electricals'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.


Bajaj Electricals Cyclically Adjusted PS Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Bajaj Electricals's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:500031
52GF Score
Bajaj Electricals Ltd BOM:500031
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bajaj Electricals 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.

Bajaj Electricals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=371.90/566.03
=0.66

* 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.

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

For example, Bajaj Electricals'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)
=103.583/164.2724*164.2724
=103.583

Current CPI (Mar. 2026) = 164.2724.

Bajaj Electricals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 96.973 99.841 159.554
201509 107.795 101.753 174.026
201512 110.281 102.901 176.054
201603 125.449 102.518 201.016
201612 102.056 105.196 159.369
201703 120.565 105.196 188.272
201712 109.080 109.404 163.786
201803 151.485 109.786 226.666
201806 107.815 111.317 159.105
201809 151.094 115.142 215.565
201812 205.742 115.142 293.531
201903 167.759 118.202 233.145
201906 118.496 120.880 161.033
201909 102.328 123.175 136.470
201912 116.434 126.235 151.518
202003 85.735 124.705 112.938
202006 55.362 127.000 71.610
202009 105.496 130.118 133.188
202012 129.196 130.889 162.147
202103 110.944 131.771 138.309
202106 73.714 134.084 90.310
202109 110.902 135.847 134.108
202112 113.230 138.161 134.630
202203 127.577 138.822 150.966
202206 93.478 142.347 107.876
202209 102.791 144.661 116.726
202212 112.886 145.763 127.221
202303 112.083 146.865 125.368
202306 96.086 150.280 105.032
202309 95.802 151.492 103.884
202312 106.322 152.924 114.212
202403 102.653 153.035 110.191
202406 100.017 155.789 105.463
202409 96.773 157.882 100.690
202412 111.433 158.323 115.620
202503 109.272 157.552 113.933
202506 93.119 159.755 95.752
202509 95.060 162.289 96.222
202512 90.689 163.281 91.240
202603 103.583 164.272 103.583

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 0.66 mean?
Bajaj Electricals (BOM:500031) has a Cyclically Adjusted PS Ratio of 0.66 as of Aug. 10, 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 Bajaj Electricals and its competitors. This is 61% below median its historical median of 1.71. Over the past decade, Bajaj Electricals' Cyclically Adjusted PS Ratio has ranged from 0.55 to 2.51. According to the industry distribution chart, Bajaj Electricals ranks #162 out of 335 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 48.4%.
Is Bajaj Electricals' Cyclically Adjusted PS Ratio too high?
Bajaj Electricals' current Cyclically Adjusted PS Ratio of 0.66 is 61% below median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 2.51. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PS Ratio is 0.69. Bajaj Electricals' value of 0.66 is 4.3% below this industry median. Based on the distribution chart, Bajaj Electricals ranks #162 out of 335 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Bajaj Electricals has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bajaj Electricals' Cyclically Adjusted PS Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Bajaj Electricals ranks #162 out of 335 companies for Cyclically Adjusted PS Ratio. This puts Bajaj Electricals in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.69. Bajaj Electricals' value of 0.66 is 4.3% below this benchmark. Historically, Bajaj Electricals' own Cyclically Adjusted PS Ratio has ranged from 0.55 to 2.51 over the past decade. While the company's 10-year median is 1.71 vs. the industry median of 0.69, Bajaj Electricals 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 a Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PS Ratio among Furnishings, Fixtures & Appliances companies is 0.69, based on 335 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. Bajaj Electricals's current Cyclically Adjusted PS Ratio of 0.66 is 4.3% 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 Bajaj Electricals and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PS Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bajaj Electricals's current Cyclically Adjusted PS Ratio is 0.66, which is 61% below median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bajaj Electricals stock overvalued right now?
Based on GuruFocus' analysis, Bajaj Electricals (BOM:500031) is currently considered Possible Value Trap. The stock's GF Value™ is ₹766.08, compared to a current price of ₹371.90 — trading 51.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.66, which is 61% below median its 10-year median of 1.71 and 4.3% below the Furnishings, Fixtures & Appliances industry median of 0.69. Bajaj Electricals' overall GF Score™ is 52/100 with 5 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 Bajaj Electricals (BOM:500031), the current Cyclically Adjusted PS Ratio is 0.66 as of Aug. 10, 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 Bajaj Electricals (BOM:500031) Overvalued in 2026?

Based on GuruFocus' analysis, Bajaj Electricals stock appears to be undervalued. The current stock price of ₹371.90 is trading 51.5% below its estimated GF Value™ of ₹766.08. GuruFocus considers Bajaj Electricals to be Possible Value Trap.

Key valuation signals for BOM:500031:

  • Cyclically Adjusted PS Ratio: 0.66 (61% below median its 10-year median of 1.71)
  • GF Value™: ₹766.08 vs. price of ₹371.90 (51.5% below fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 4.3% below the Furnishings, Fixtures & Appliances median (#162 of 335)

No single metric tells the full story. See the BOM:500031 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bajaj Electricals Business Description

Other Exchanges BAJAJELEC:India
Address Senapati Bapat Marg, 27th Floor, One Unity Center, Prabhadevi West, Mumbai, MH, IND, 400013
Bajaj Electricals Ltd is an Indian company that manufactures and sells consumer electrical appliances. The company's operating segment includes Consumer Products and Lighting. The Consumer Products segment, which is the key revenue driver, represents the sale of appliances, fans, and consumer lighting products. The Lighting segment includes professional lighting (B2B) and consumer lighting (B2C). The group has a business presence in India and outside India.
52GF Score

Get the complete analysis for BOM:500031

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

₹371.90
Price
₹766.08
GF Value