Banco Products (India) (BOM:500039) Cyclically Adjusted PS Ratio: 4.01 (As of Aug. 09, 2026) — 124% Above Median

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BOM:500039 Banco Products (India) Ltd BOM:500039
74 GF Score
Price ₹685.95
GF Value ₹500.07
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Banco Products (India) Cyclically Adjusted PS Ratio?

Banco Products (India) BOM:500039 +0.40% 74 Cyclically Adjusted PS Ratio is 4.01 as of Aug. 09, 2026, which is 124% above its 10-year median of 1.79. GuruFocus rates BOM:500039 with a GF Score™ of 74/100 and a GF Value™ of ₹500.07 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,043 Vehicles & Parts companies, Banco Products (India) ranks worse than 89.26% on this metric.

As of today (2026-08-09), Banco Products (India)'s current share price is ₹685.95. Banco Products (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹170.97. Banco Products (India)'s Cyclically Adjusted PS Ratio for today is 4.01.

The historical rank and industry rank for Banco Products (India)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:500039' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.79   Max: 5.35
Current: 4.01

During the past years, Banco Products (India)'s highest Cyclically Adjusted PS Ratio was 5.35. The lowest was 0.42. And the median was 1.79.

BOM:500039's Cyclically Adjusted PS Ratio is ranked worse than
89.26% of 1043 companies
in the Vehicles & Parts industry
Industry Median: 0.74 vs BOM:500039: 4.01

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.

Banco Products (India)'s adjusted revenue per share data for the three months ended in Mar. 2026 was ₹74.526. 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 ₹170.97 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco Products (India)  (BOM:500039) 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.


Banco Products (India) Cyclically Adjusted PS Ratio Related Terms


Banco Products (India) Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Banco Products (India)'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.

Banco Products (India) Cyclically Adjusted PS Ratio Chart

Banco Products (India) 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 0.59 0.89 2.16 2.28 2.95

Banco Products (India) 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 2.28 4.09 5.12 4.15 2.95

BOM:500039 vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, Banco Products (India)'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.


Banco Products (India) Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Banco Products (India)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Banco Products (India)'s Cyclically Adjusted PS Ratio falls into.


BOM:500039
74GF Score
Banco Products (India) Ltd BOM:500039
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banco Products (India) 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.

Banco Products (India)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=685.95/170.97
=4.01

* 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.

Banco Products (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Banco Products (India)'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)
=74.526/164.2724*164.2724
=74.526

Current CPI (Mar. 2026) = 164.2724.

Banco Products (India) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 26.833 105.961 41.599
201609 -1.135 105.961 -1.760
201612 17.467 105.196 27.276
201703 17.120 105.196 26.734
201706 25.166 107.109 38.597
201709 27.022 109.021 40.716
201712 21.244 109.404 31.898
201803 20.786 109.786 31.102
201806 30.120 111.317 44.449
201809 28.788 115.142 41.072
201812 23.382 115.142 33.359
201903 25.228 118.202 35.061
201906 27.062 120.880 36.777
201909 26.037 123.175 34.724
201912 21.833 126.235 28.412
202003 22.922 124.705 30.195
202006 18.992 127.000 24.566
202009 30.195 130.118 38.121
202012 25.875 130.889 32.474
202103 30.685 131.771 38.254
202106 34.583 134.084 42.369
202109 37.787 135.847 45.694
202112 27.438 138.161 32.624
202203 34.902 138.822 41.301
202206 40.335 142.347 46.548
202209 43.325 144.661 49.198
202212 35.062 145.763 39.514
202303 42.134 146.865 47.128
202306 51.826 150.280 56.651
202309 50.170 151.492 54.403
202312 39.561 152.924 42.497
202403 50.143 153.035 53.825
202406 55.732 155.789 58.767
202409 62.138 157.882 64.653
202412 44.186 158.323 45.846
202503 60.703 157.552 63.292
202506 67.363 159.755 69.268
202509 72.099 162.289 72.980
202512 54.654 163.281 54.986
202603 74.526 164.272 74.526

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 4.01 mean?
Banco Products (India) (BOM:500039) has a Cyclically Adjusted PS Ratio of 4.01 as of Aug. 09, 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 Banco Products (India) and its competitors. This is 124% above median its historical median of 1.79. Over the past decade, Banco Products (India)'s Cyclically Adjusted PS Ratio has ranged from 0.42 to 5.35. According to the industry distribution chart, Banco Products (India) ranks #931 out of 1043 companies in the Vehicles & Parts industry, placing it in the top 89.3%.
Is Banco Products (India)'s Cyclically Adjusted PS Ratio too high?
Banco Products (India)'s current Cyclically Adjusted PS Ratio of 4.01 is 124% above median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 5.35. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.74. Banco Products (India)'s value of 4.01 is 441.9% above this industry median. Based on the distribution chart, Banco Products (India) ranks #931 out of 1043 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Banco Products (India) has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banco Products (India)'s Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Banco Products (India) ranks #931 out of 1043 companies for Cyclically Adjusted PS Ratio. This places Banco Products (India) in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.74. Banco Products (India)'s value of 4.01 is 441.9% above this benchmark. Historically, Banco Products (India)'s own Cyclically Adjusted PS Ratio has ranged from 0.42 to 5.35 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 0.74, Banco Products (India) 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.74, based on 1,043 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. Banco Products (India)'s current Cyclically Adjusted PS Ratio of 4.01 is 441.9% 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 Banco Products (India) and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banco Products (India)'s current Cyclically Adjusted PS Ratio is 4.01, which is 124% above median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Products (India) stock overvalued right now?
Based on GuruFocus' analysis, Banco Products (India) (BOM:500039) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹500.07, compared to a current price of ₹685.95 — trading 37.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.01, which is 124% above median its 10-year median of 1.79 and 441.9% above the Vehicles & Parts industry median of 0.74. Banco Products (India)'s overall GF Score™ is 74/100 with 1 warning sign 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 Banco Products (India) (BOM:500039), the current Cyclically Adjusted PS Ratio is 4.01 as of Aug. 09, 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 Banco Products (India) (BOM:500039) Overvalued in 2026?

Based on GuruFocus' analysis, Banco Products (India) stock appears to be overvalued. The current stock price of ₹685.95 is trading 37.2% above its estimated GF Value™ of ₹500.07. GuruFocus considers Banco Products (India) to be Significantly Overvalued.

Key valuation signals for BOM:500039:

  • Cyclically Adjusted PS Ratio: 4.01 (124% above median its 10-year median of 1.79)
  • GF Value™: ₹500.07 vs. price of ₹685.95 (37.2% above fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 441.9% above the Vehicles & Parts median (#931 of 1043)

No single metric tells the full story. See the BOM:500039 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Banco Products (India) Business Description

Other Exchanges BANCOINDIA:India
Address Padra Road, BIL, Near Bhaili Railway Station, District Vadodara, Vadodara, GJ, IND, 391410
Banco Products (India) Ltd is a company engaged in the manufacturing and selling of radiators. The company manufactures aluminum radiators and copper-brass radiators. Its products include charged air coolers, fuel coolers, oil coolers, cooling systems, sealing gaskets, joint gaskets and sheets, and rubber products. Banco manufactures and supplies original equipment (OE) for commercial vehicles, passenger vehicles, and industrial products. The company caters to the domestic and international markets. The company generates the majority of its revenue within India.
74GF Score

Get the complete analysis for BOM:500039

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

₹685.95
Price
₹500.07
GF Value