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Kajaria CeramicsBOM:500233 +1.26%90 Cyclically Adjusted PS Ratio is 4.34 as of Aug. 30, 2026, which is 10% below its 10-year median of 4.80. GuruFocus rates BOM:500233 with a GF Score™ of 90/100 and a GF Value™ of ₹1,339.87 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,364 Construction companies, Kajaria Ceramics ranks worse than 90.98% on this metric.
The historical rank and industry rank for Kajaria Ceramics's Cyclically Adjusted PS Ratio or its related term are showing as below:
BOM:500233'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.76 Med: 4.8 Max: 6.75
Current: 4.34
During the past years, Kajaria Ceramics's highest Cyclically Adjusted PS Ratio was 6.75. The lowest was 1.76. And the median was 4.80.
BOM:500233's Cyclically Adjusted PS Ratio is ranked worse than 90.98% of 1364
companies
in the Construction industry
Industry Median: 0.71
vs BOM:500233: 4.34
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.
Kajaria Ceramics's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹83.309. 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 ₹280.55 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Kajaria Ceramics (BOM:500233) 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.
Kajaria Ceramics Cyclically Adjusted PS Ratio Related Terms
Kajaria Ceramics Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Kajaria Ceramics'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.
Kajaria Ceramics Cyclically Adjusted PS Ratio Chart
BOM:500233 vs TT, JCI, CARR: Cyclically Adjusted PS Ratio Comparison
For the Building Products & Equipment subindustry, Kajaria Ceramics'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.
Kajaria Ceramics Cyclically Adjusted PS Ratio vs Construction Industry
For the Construction industry and Industrials sector, Kajaria Ceramics's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Kajaria Ceramics's Cyclically Adjusted PS Ratio falls into.
Kajaria Ceramics 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.
Kajaria Ceramics's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 4.34 mean?
Kajaria Ceramics (BOM:500233) has a Cyclically Adjusted PS Ratio of 4.34 as of Aug. 30, 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 Kajaria Ceramics and its competitors. This is 10% below median its historical median of 4.80. Over the past decade, Kajaria Ceramics' Cyclically Adjusted PS Ratio has ranged from 1.76 to 6.75. According to the industry distribution chart, Kajaria Ceramics ranks #1241 out of 1364 companies in the Construction industry, placing it in the top 91%.
Is Kajaria Ceramics' Cyclically Adjusted PS Ratio too high?
Kajaria Ceramics' current Cyclically Adjusted PS Ratio of 4.34 is 10% below median its 10-year median of 4.80. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 6.75. The Construction industry median Cyclically Adjusted PS Ratio is 0.71. Kajaria Ceramics' value of 4.34 is 511.3% above this industry median. Based on the distribution chart, Kajaria Ceramics ranks #1241 out of 1364 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Kajaria Ceramics has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kajaria Ceramics' Cyclically Adjusted PS Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Kajaria Ceramics ranks #1241 out of 1364 companies for Cyclically Adjusted PS Ratio. This places Kajaria Ceramics in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.71. Kajaria Ceramics' value of 4.34 is 511.3% above this benchmark. Historically, Kajaria Ceramics' own Cyclically Adjusted PS Ratio has ranged from 1.76 to 6.75 over the past decade. While the company's 10-year median is 4.80 vs. the industry median of 0.71, Kajaria Ceramics 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.71, based on 1,364 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. Kajaria Ceramics's current Cyclically Adjusted PS Ratio of 4.34 is 511.3% 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 Kajaria Ceramics and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kajaria Ceramics's current Cyclically Adjusted PS Ratio is 4.34, which is 10% below median its own 10-year median of 4.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kajaria Ceramics stock overvalued right now?
Based on GuruFocus' analysis, Kajaria Ceramics (BOM:500233) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,339.87, compared to a current price of ₹1,216.20 — trading 9.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.34, which is 10% below median its 10-year median of 4.80 and 511.3% above the Construction industry median of 0.71. Kajaria Ceramics' overall GF Score™ is 90/100 with 4 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 Kajaria Ceramics (BOM:500233), the current Cyclically Adjusted PS Ratio is 4.34 as of Aug. 30, 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 Kajaria Ceramics (BOM:500233) Overvalued in 2026?
Based on GuruFocus' analysis, Kajaria Ceramics stock appears to be undervalued.
The current stock price of ₹1,216.20 is trading 9.2% below its estimated GF Value™ of ₹1,339.87.
GuruFocus considers Kajaria Ceramics to be Fairly Valued.
Key valuation signals for BOM:500233:
Cyclically Adjusted PS Ratio: 4.34 (10% below median its 10-year median of 4.80)
GF Value™: ₹1,339.87 vs. price of ₹1,216.20 (9.2% below fair value)
Industry Position: 511.3% above the Construction median (#1241 of 1364)
No single metric tells the full story. See the BOM:500233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kajaria Ceramics Ltd is a manufacturer of indoor floor and wall tiles. The product range includes ceramic wall and floor tiles, polished vitrified tiles, glazed vitrified tiles, sanitary ware and faucets, and tile adhesives and grout. Kajaria Ceramics' tiles and tile-related products are marketed through a distribution network of dealers and sub-dealers. The company has two operating segments: Tiles and other products, including bathware, sanitaryware, and plywood. The company operates mainly in India, with production and the majority of sales focused there.
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