Godrej Industries (BOM:500164) Cyclically Adjusted PS Ratio: 2.30 (As of Sep. 07, 2026) — 39% Above Median

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BOM:500164 Godrej Industries Ltd BOM:500164
73 GF Score
Price ₹1,162.45
GF Value ₹1,235.33
Valuation Fairly Valued
! 8 Warning Signs
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What is Godrej Industries Cyclically Adjusted PS Ratio?

Godrej Industries BOM:500164 +0.57% 73 Cyclically Adjusted PS Ratio is 2.30 as of Sep. 07, 2026, which is 39% above its 10-year median of 1.66. GuruFocus rates BOM:500164 with a GF Score™ of 73/100 and a GF Value™ of ₹1,235.33 (Fairly Valued). The stock has 8 warning signs investors should review. Among 458 Conglomerates companies, Godrej Industries ranks worse than 76.42% on this metric.

As of today (2026-09-07), Godrej Industries's current share price is ₹1162.45. Godrej Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹506.06. Godrej Industries's Cyclically Adjusted PS Ratio for today is 2.30.

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

BOM:500164' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.66   Max: 3.1
Current: 2.3

During the past years, Godrej Industries's highest Cyclically Adjusted PS Ratio was 3.10. The lowest was 0.79. And the median was 1.66.

BOM:500164's Cyclically Adjusted PS Ratio is ranked worse than
76.42% of 458 companies
in the Conglomerates industry
Industry Median: 0.78 vs BOM:500164: 2.30

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.

Godrej Industries's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹161.703. 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 ₹506.06 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Godrej Industries  (BOM:500164) 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.


Godrej Industries Cyclically Adjusted PS Ratio Related Terms


Godrej Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Godrej Industries'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.

Godrej Industries Cyclically Adjusted PS Ratio Chart

Godrej Industries 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 1.31 1.05 1.89 2.59 1.53

Godrej Industries 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 2.76 2.60 2.12 1.53 2.32

BOM:500164 vs MMM, HON: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Godrej Industries'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.


Godrej Industries Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Godrej Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:500164
73GF Score
Godrej Industries Ltd BOM:500164
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Godrej Industries 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.

Godrej Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1162.45/506.06
=2.30

* 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.

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

For example, Godrej Industries'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)
=161.703/167.3573*167.3573
=161.703

Current CPI (Jun. 2026) = 167.3573.

Godrej Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 63.044 105.961 99.573
201612 62.059 105.196 98.730
201703 45.491 105.196 72.372
201706 79.046 107.109 123.509
201709 67.612 109.021 103.790
201712 61.925 109.404 94.728
201803 68.740 109.786 104.787
201806 87.332 111.317 131.298
201809 75.483 115.142 109.714
201812 71.519 115.142 103.952
201903 87.335 118.202 123.654
201906 84.488 120.880 116.973
201909 78.084 123.175 106.092
201912 80.060 126.235 106.140
202003 92.025 124.705 123.500
202006 58.745 127.000 77.412
202009 70.945 130.118 91.249
202012 70.017 130.889 89.525
202103 76.379 131.771 97.006
202106 85.947 134.084 107.275
202109 97.309 135.847 119.880
202112 104.402 138.161 126.465
202203 131.048 138.822 157.986
202206 119.582 142.347 140.592
202209 119.205 144.661 137.907
202212 114.087 145.763 130.989
202303 143.063 146.865 163.025
202306 133.859 150.280 149.070
202309 116.820 151.492 129.054
202312 106.613 152.924 116.675
202403 133.877 153.035 146.407
202406 126.059 155.789 135.420
202409 142.668 157.882 151.230
202412 143.309 158.323 151.487
202503 171.737 157.552 182.425
202506 132.433 159.755 138.735
202509 149.219 162.289 153.879
202512 149.894 163.281 153.636
202603 228.415 164.272 232.704
202606 161.703 167.357 161.703

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 2.30 mean?
Godrej Industries (BOM:500164) has a Cyclically Adjusted PS Ratio of 2.30 as of Sep. 07, 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 Godrej Industries and its competitors. This is 39% above median its historical median of 1.66. Over the past decade, Godrej Industries' Cyclically Adjusted PS Ratio has ranged from 0.79 to 3.10. According to the industry distribution chart, Godrej Industries ranks #350 out of 458 companies in the Conglomerates industry, placing it in the top 76.4%.
Is Godrej Industries' Cyclically Adjusted PS Ratio too high?
Godrej Industries' current Cyclically Adjusted PS Ratio of 2.30 is 39% above median its 10-year median of 1.66. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 3.10. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.78. Godrej Industries' value of 2.30 is 194.9% above this industry median. Based on the distribution chart, Godrej Industries ranks #350 out of 458 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Godrej Industries has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Godrej Industries' Cyclically Adjusted PS Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Godrej Industries ranks #350 out of 458 companies for Cyclically Adjusted PS Ratio. This places Godrej Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.78. Godrej Industries' value of 2.30 is 194.9% above this benchmark. Historically, Godrej Industries' own Cyclically Adjusted PS Ratio has ranged from 0.79 to 3.10 over the past decade. While the company's 10-year median is 1.66 vs. the industry median of 0.78, Godrej Industries 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 Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.78, based on 458 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. Godrej Industries's current Cyclically Adjusted PS Ratio of 2.30 is 194.9% 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 Godrej Industries and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Godrej Industries's current Cyclically Adjusted PS Ratio is 2.30, which is 39% above median its own 10-year median of 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Godrej Industries stock overvalued right now?
Based on GuruFocus' analysis, Godrej Industries (BOM:500164) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,235.33, compared to a current price of ₹1,162.45 — trading 5.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.30, which is 39% above median its 10-year median of 1.66 and 194.9% above the Conglomerates industry median of 0.78. Godrej Industries' overall GF Score™ is 73/100 with 8 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 Godrej Industries (BOM:500164), the current Cyclically Adjusted PS Ratio is 2.30 as of Sep. 07, 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 Godrej Industries (BOM:500164) Overvalued in 2026?

Based on GuruFocus' analysis, Godrej Industries stock appears to be undervalued. The current stock price of ₹1,162.45 is trading 5.9% below its estimated GF Value™ of ₹1,235.33. GuruFocus considers Godrej Industries to be Fairly Valued.

Key valuation signals for BOM:500164:

  • Cyclically Adjusted PS Ratio: 2.30 (39% above median its 10-year median of 1.66)
  • GF Value™: ₹1,235.33 vs. price of ₹1,162.45 (5.9% below fair value)
  • GF Score™: 73/100 with 8 warning signs
  • Industry Position: 194.9% above the Conglomerates median (#350 of 458)

No single metric tells the full story. See the BOM:500164 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Godrej Industries Business Description

Other Exchanges GODREJIND:India
Address Eastern Express Highway, Godrej One, Pirojshanagar, Vikhroli (East), Mumbai, MH, IND, 400079
Godrej Industries Ltd is an India-based conglomerate with activities in agriculture, chemicals, real estate, consumer goods, and other industries. The firm has eight segments. The estate and property development segment develops, leases, and sells residential and commercial properties. The animal feed segment sells animal feed compounds for cattle, poultry, shrimp, and fish. The vegetable oils segment produces refined vegetable oils. The chemicals segment sells compounds used to make soaps, detergents, and other consumer products. The dairy segment sells milk and milk-based products. The crop protection segment provides pesticides and growth compounds. The two smallest segments account for finance and investments as well as hospitality. The majority of its revenue comes from India.
73GF Score

Get the complete analysis for BOM:500164

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

₹1,162.45
Price
₹1,235.33
GF Value