Zuari Industries (BOM:500780) Cyclically Adjusted PS Ratio: 0.84 (As of Aug. 21, 2026) — Near Median

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BOM:500780 Zuari Industries Ltd BOM:500780
61 GF Score
Price ₹285.65
GF Value ₹310.65
Valuation Fairly Valued
! 7 Warning Signs
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What is Zuari Industries Cyclically Adjusted PS Ratio?

Zuari Industries BOM:500780 +9.09% 61 Cyclically Adjusted PS Ratio is 0.84 as of Aug. 21, 2026, which is 5% below its 10-year median of 0.88. GuruFocus rates BOM:500780 with a GF Score™ of 61/100 and a GF Value™ of ₹310.65 (Fairly Valued). The stock has 7 warning signs investors should review. Among 460 Conglomerates companies, Zuari Industries ranks better than 50.43% on this metric.

As of today (2026-08-21), Zuari Industries's current share price is ₹285.65. Zuari Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹338.96. Zuari Industries's Cyclically Adjusted PS Ratio for today is 0.84.

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

BOM:500780' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.65   Med: 0.88   Max: 1.16
Current: 0.76

During the past years, Zuari Industries's highest Cyclically Adjusted PS Ratio was 1.16. The lowest was 0.65. And the median was 0.88.

BOM:500780's Cyclically Adjusted PS Ratio is ranked better than
50.43% of 460 companies
in the Conglomerates industry
Industry Median: 0.78 vs BOM:500780: 0.76

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.

Zuari Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹95.192. 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 ₹338.96 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zuari Industries  (BOM:500780) 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.


Zuari Industries Cyclically Adjusted PS Ratio Related Terms


Zuari Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Zuari 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.

Zuari Industries Cyclically Adjusted PS Ratio Chart

Zuari 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 0.00 0.00 0.00 0.73 0.63

Zuari Industries 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 0.73 0.87 1.08 0.97 0.63

BOM:500780 vs MMM, HON: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Zuari 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.


Zuari Industries Cyclically Adjusted PS Ratio vs Conglomerates Industry

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

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


BOM:500780
61GF Score
Zuari Industries Ltd BOM:500780
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zuari 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=285.65/338.96
=0.84

* 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.

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

For example, Zuari Industries'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)
=95.192/164.2724*164.2724
=95.192

Current CPI (Mar. 2026) = 164.2724.

Zuari Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 58.159 111.317 85.827
201809 51.726 115.142 73.797
201812 64.438 115.142 91.933
201903 87.613 118.202 121.761
201906 51.600 120.880 70.123
201909 48.313 123.175 64.433
201912 53.021 126.235 68.997
202003 100.776 124.705 132.751
202006 61.051 127.000 78.968
202009 68.584 130.118 86.587
202012 56.930 130.889 71.450
202103 80.631 131.771 100.519
202106 58.149 134.084 71.241
202109 55.982 135.847 67.696
202112 42.189 138.161 50.163
202203 84.860 138.822 100.418
202206 78.591 142.347 90.696
202209 62.682 144.661 71.180
202212 84.985 145.763 95.777
202303 94.442 146.865 105.636
202306 64.149 150.280 70.122
202309 90.165 151.492 97.772
202312 38.866 152.924 41.750
202403 87.835 153.035 94.285
202406 75.810 155.789 79.938
202409 79.636 157.882 82.859
202412 78.965 158.323 81.932
202503 91.481 157.552 95.383
202506 99.022 159.755 101.822
202509 80.988 162.289 81.978
202512 88.194 163.281 88.730
202603 95.192 164.272 95.192

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 0.84 mean?
Zuari Industries (BOM:500780) has a Cyclically Adjusted PS Ratio of 0.84 as of Aug. 21, 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 Zuari Industries and its competitors. This is near median its historical median of 0.88. Over the past decade, Zuari Industries' Cyclically Adjusted PS Ratio has ranged from 0.65 to 1.16. According to the industry distribution chart, Zuari Industries ranks #228 out of 460 companies in the Conglomerates industry, placing it in the top 49.6%.
Is Zuari Industries' Cyclically Adjusted PS Ratio too high?
Zuari Industries' current Cyclically Adjusted PS Ratio of 0.84 is near median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 1.16. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.78. Zuari Industries' value of 0.84 is 7.7% above this industry median. Based on the distribution chart, Zuari Industries ranks #228 out of 460 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Zuari Industries has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zuari Industries' Cyclically Adjusted PS Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Zuari Industries ranks #228 out of 460 companies for Cyclically Adjusted PS Ratio. This puts Zuari Industries in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.78. Zuari Industries' value of 0.84 is 7.7% above this benchmark. Historically, Zuari Industries' own Cyclically Adjusted PS Ratio has ranged from 0.65 to 1.16 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 0.78, Zuari 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 460 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. Zuari Industries's current Cyclically Adjusted PS Ratio of 0.84 is 7.7% 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 Zuari 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. Zuari Industries's current Cyclically Adjusted PS Ratio is 0.84, which is near median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zuari Industries stock overvalued right now?
Based on GuruFocus' analysis, Zuari Industries (BOM:500780) is currently considered Fairly Valued. The stock's GF Value™ is ₹310.65, compared to a current price of ₹285.65 — trading 8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.84, which is near median its 10-year median of 0.88 and 7.7% above the Conglomerates industry median of 0.78. Zuari Industries' overall GF Score™ is 61/100 with 7 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 Zuari Industries (BOM:500780), the current Cyclically Adjusted PS Ratio is 0.84 as of Aug. 21, 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 Zuari Industries (BOM:500780) Overvalued in 2026?

Based on GuruFocus' analysis, Zuari Industries stock appears to be undervalued. The current stock price of ₹285.65 is trading 8% below its estimated GF Value™ of ₹310.65. GuruFocus considers Zuari Industries to be Fairly Valued.

Key valuation signals for BOM:500780:

  • Cyclically Adjusted PS Ratio: 0.84 (near median its 10-year median of 0.88)
  • GF Value™: ₹310.65 vs. price of ₹285.65 (8% below fair value)
  • GF Score™: 61/100 with 7 warning signs
  • Industry Position: 7.7% above the Conglomerates median (#228 of 460)

No single metric tells the full story. See the BOM:500780 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zuari Industries Business Description

Other Exchanges ZUARIIND:India
Address Global Business Park, Tower A, M.G. road, 5th Floor, Sector-26, Gurgaon, HR, IND, 122002
Zuari Industries Ltd through its subsidiaries, is a holding firm which is engaged in providing fertilizer, seeds, pesticides business, engineering, lifestyle industries, and services. The company's segment includes: Engineering, Furniture, Real Estate, Sugar, Power, Investment Services, Ethanol Plant and Management Services.
61GF Score

Get the complete analysis for BOM:500780

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

₹285.65
Price
₹310.65
GF Value