Chennai Petroleum (BOM:500110) Cyclically Adjusted PS Ratio: 0.35 (As of Aug. 25, 2026) — 150% Above Median

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BOM:500110 Chennai Petroleum Corp Ltd BOM:500110
66 GF Score
Price ₹1,412.05
GF Value ₹997.85
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Chennai Petroleum Cyclically Adjusted PS Ratio?

Chennai Petroleum BOM:500110 +1.36% 66 Cyclically Adjusted PS Ratio is 0.35 as of Aug. 25, 2026, which is 150% above its 10-year median of 0.14. GuruFocus rates BOM:500110 with a GF Score™ of 66/100 and a GF Value™ of ₹997.85 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 716 Oil & Gas companies, Chennai Petroleum ranks better than 76.12% on this metric.

As of today (2026-08-25), Chennai Petroleum's current share price is ₹1412.05. Chennai Petroleum's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹3,981.51. Chennai Petroleum's Cyclically Adjusted PS Ratio for today is 0.35.

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

BOM:500110' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.14   Max: 0.35
Current: 0.35

During the past years, Chennai Petroleum's highest Cyclically Adjusted PS Ratio was 0.35. The lowest was 0.03. And the median was 0.14.

BOM:500110's Cyclically Adjusted PS Ratio is ranked better than
76.12% of 716 companies
in the Oil & Gas industry
Industry Median: 1.06 vs BOM:500110: 0.35

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.

Chennai Petroleum's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹1,837.974. 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 ₹3,981.51 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chennai Petroleum  (BOM:500110) 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.


Chennai Petroleum Cyclically Adjusted PS Ratio Related Terms


Chennai Petroleum Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Chennai Petroleum'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.

Chennai Petroleum Cyclically Adjusted PS Ratio Chart

Chennai Petroleum 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 0.04 0.06 0.24 0.17 0.25

Chennai Petroleum 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 0.18 0.20 0.22 0.25 0.29

BOM:500110 vs MPC, VLO, PSX: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Chennai Petroleum'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.


Chennai Petroleum Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Chennai Petroleum's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:500110
66GF Score
Chennai Petroleum Corp Ltd BOM:500110
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chennai Petroleum 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.

Chennai Petroleum's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1412.05/3981.51
=0.35

* 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.

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

For example, Chennai Petroleum'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)
=1837.974/167.3573*167.3573
=1,837.974

Current CPI (Jun. 2026) = 167.3573.

Chennai Petroleum Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201509 403.718 101.753 664.009
201512 341.243 102.901 554.995
201603 449.387 102.518 733.608
201703 0.000 105.196 0.000
201709 500.764 109.021 768.716
201712 576.773 109.404 882.301
201803 653.679 109.786 996.462
201806 639.161 111.317 960.938
201809 802.708 115.142 1,166.726
201812 662.634 115.142 963.130
201903 666.812 118.202 944.111
201906 681.502 120.880 943.535
201909 620.485 123.175 843.050
201912 615.718 126.235 816.292
202003 574.612 124.705 771.143
202006 197.449 127.000 260.193
202009 327.422 130.118 421.129
202012 395.627 130.889 505.856
202103 575.634 131.771 731.093
202106 547.794 134.084 683.730
202109 594.758 135.847 732.715
202112 667.492 138.161 808.549
202203 1,097.756 138.822 1,323.405
202206 1,555.421 142.347 1,828.703
202209 1,313.636 144.661 1,519.735
202212 1,077.736 145.763 1,237.401
202303 1,202.263 146.865 1,370.020
202306 990.156 150.280 1,102.673
202309 1,111.087 151.492 1,227.448
202312 1,166.858 152.924 1,276.986
202403 1,185.543 153.035 1,296.500
202406 1,148.185 155.789 1,233.446
202409 811.751 157.882 860.467
202412 870.811 158.323 920.502
202503 1,158.429 157.552 1,230.527
202506 993.636 159.755 1,040.919
202509 1,096.523 162.289 1,130.766
202512 1,053.177 163.281 1,079.471
202603 1,129.316 164.272 1,150.524
202606 1,837.974 167.357 1,837.974

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 0.35 mean?
Chennai Petroleum (BOM:500110) has a Cyclically Adjusted PS Ratio of 0.35 as of Aug. 25, 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 Chennai Petroleum and its competitors. This is 150% above median its historical median of 0.14. Over the past decade, Chennai Petroleum's Cyclically Adjusted PS Ratio has ranged from 0.03 to 0.35. According to the industry distribution chart, Chennai Petroleum ranks #171 out of 716 companies in the Oil & Gas industry, placing it in the top 23.9%.
Is Chennai Petroleum's Cyclically Adjusted PS Ratio too high?
Chennai Petroleum's current Cyclically Adjusted PS Ratio of 0.35 is 150% above median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.35. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.06. Chennai Petroleum's value of 0.35 is 67% below this industry median. Based on the distribution chart, Chennai Petroleum ranks #171 out of 716 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Chennai Petroleum has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chennai Petroleum's Cyclically Adjusted PS Ratio compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Chennai Petroleum ranks #171 out of 716 companies for Cyclically Adjusted PS Ratio. This places Chennai Petroleum in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.06. Chennai Petroleum's value of 0.35 is 67% below this benchmark. Historically, Chennai Petroleum's own Cyclically Adjusted PS Ratio has ranged from 0.03 to 0.35 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 1.06, Chennai Petroleum 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 an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.06, based on 716 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. Chennai Petroleum's current Cyclically Adjusted PS Ratio of 0.35 is 67% 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 Chennai Petroleum and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chennai Petroleum's current Cyclically Adjusted PS Ratio is 0.35, which is 150% above median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chennai Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Chennai Petroleum (BOM:500110) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹997.85, compared to a current price of ₹1,412.05 — trading 41.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.35, which is 150% above median its 10-year median of 0.14 and 67% below the Oil & Gas industry median of 1.06. Chennai Petroleum's overall GF Score™ is 66/100 with 6 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 Chennai Petroleum (BOM:500110), the current Cyclically Adjusted PS Ratio is 0.35 as of Aug. 25, 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 Chennai Petroleum (BOM:500110) Overvalued in 2026?

Based on GuruFocus' analysis, Chennai Petroleum stock appears to be overvalued. The current stock price of ₹1,412.05 is trading 41.5% above its estimated GF Value™ of ₹997.85. GuruFocus considers Chennai Petroleum to be Significantly Overvalued.

Key valuation signals for BOM:500110:

  • Cyclically Adjusted PS Ratio: 0.35 (150% above median its 10-year median of 0.14)
  • GF Value™: ₹997.85 vs. price of ₹1,412.05 (41.5% above fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 67% below the Oil & Gas median (#171 of 716)

No single metric tells the full story. See the BOM:500110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chennai Petroleum Business Description

Industry EnergyOil & Gas
Other Exchanges CHENNPETRO:India
Address No. 536, Anna Salai, Teynampet, Chennai, TN, IND, 600018
Chennai Petroleum Corp Ltd manufactures and supplies petrol products in India. The Manali refinery of the company in India produces fuel, wax, lube, and petrochemical feedstock. The company also has a wax plant that produces paraffin wax for the manufacturing of candle wax, waterproof formulations, and match wax. The company's main products include liquefied petroleum gas, motor spirit, superior kerosene oil, high-speed diesel, fuel oil, hexane, and petrochemical feedstocks. A large majority of sales are derived from petroleum products.
66GF Score

Get the complete analysis for BOM:500110

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

₹1,412.05
Price
₹997.85
GF Value