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Phoenix MillsBOM:503100 +1.23%92 Cyclically Adjusted PS Ratio is 21.73 as of Aug. 16, 2026, which is 65% above its 10-year median of 13.15. GuruFocus rates BOM:503100 with a GF Score™ of 92/100 and a GF Value™ of ₹1,891.44 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,373 Real Estate companies, Phoenix Mills ranks worse than 97.31% on this metric.
The historical rank and industry rank for Phoenix Mills's Cyclically Adjusted PS Ratio or its related term are showing as below:
BOM:503100'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.19 Med: 13.15 Max: 25.39
Current: 21.73
During the past years, Phoenix Mills's highest Cyclically Adjusted PS Ratio was 25.39. The lowest was 5.19. And the median was 13.15.
BOM:503100's Cyclically Adjusted PS Ratio is ranked worse than 97.31% of 1373
companies
in the Real Estate industry
Industry Median: 1.79
vs BOM:503100: 21.73
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.
Phoenix Mills's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹30.054. 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 ₹88.16 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Phoenix Mills (BOM:503100) 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.
Phoenix Mills Cyclically Adjusted PS Ratio Related Terms
Phoenix Mills Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Phoenix Mills'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.
Phoenix Mills Cyclically Adjusted PS Ratio Competitor Comparison
For the Real Estate - Diversified subindustry, Phoenix Mills'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.
Phoenix Mills Cyclically Adjusted PS Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Phoenix Mills's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Phoenix Mills's Cyclically Adjusted PS Ratio falls into.
Phoenix Mills 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.
Phoenix Mills'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 21.73 mean?
Phoenix Mills (BOM:503100) has a Cyclically Adjusted PS Ratio of 21.73 as of Aug. 16, 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 Phoenix Mills and its competitors. This is 65% above median its historical median of 13.15. Over the past decade, Phoenix Mills' Cyclically Adjusted PS Ratio has ranged from 5.19 to 25.39. According to the industry distribution chart, Phoenix Mills ranks #1336 out of 1373 companies in the Real Estate industry, placing it in the top 97.3%.
Is Phoenix Mills' Cyclically Adjusted PS Ratio too high?
Phoenix Mills' current Cyclically Adjusted PS Ratio of 21.73 is 65% above median its 10-year median of 13.15. Over the past 10 years, this metric has ranged from a low of 5.19 to a high of 25.39. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.79. Phoenix Mills' value of 21.73 is 1114% above this industry median. Based on the distribution chart, Phoenix Mills ranks #1336 out of 1373 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Phoenix Mills has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Phoenix Mills' Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Phoenix Mills ranks #1336 out of 1373 companies for Cyclically Adjusted PS Ratio. This places Phoenix Mills in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.79. Phoenix Mills' value of 21.73 is 1114% above this benchmark. Historically, Phoenix Mills' own Cyclically Adjusted PS Ratio has ranged from 5.19 to 25.39 over the past decade. While the company's 10-year median is 13.15 vs. the industry median of 1.79, Phoenix Mills 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.79, based on 1,373 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. Phoenix Mills's current Cyclically Adjusted PS Ratio of 21.73 is 1114% 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 Phoenix Mills and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phoenix Mills's current Cyclically Adjusted PS Ratio is 21.73, which is 65% above median its own 10-year median of 13.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Mills stock overvalued right now?
Based on GuruFocus' analysis, Phoenix Mills (BOM:503100) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,891.44, compared to a current price of ₹1,916.00 — trading 1.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 21.73, which is 65% above median its 10-year median of 13.15 and 1114% above the Real Estate industry median of 1.79. Phoenix Mills' overall GF Score™ is 92/100 with 3 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 Phoenix Mills (BOM:503100), the current Cyclically Adjusted PS Ratio is 21.73 as of Aug. 16, 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 Phoenix Mills (BOM:503100) Overvalued in 2026?
Based on GuruFocus' analysis, Phoenix Mills stock appears to be overvalued.
The current stock price of ₹1,916.00 is trading 1.3% above its estimated GF Value™ of ₹1,891.44.
GuruFocus considers Phoenix Mills to be Fairly Valued.
Key valuation signals for BOM:503100:
Cyclically Adjusted PS Ratio: 21.73 (65% above median its 10-year median of 13.15)
GF Value™: ₹1,891.44 vs. price of ₹1,916.00 (1.3% above fair value)
Industry Position: 1114% above the Real Estate median (#1336 of 1373)
No single metric tells the full story. See the BOM:503100 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Phoenix Mills Ltd is a real estate development company operating in India. The group's development plan includes converting land underlying abandoned mills into modern, multi-use, integrated property. The group is involved in all aspects of development, including planning, construction, and marketing, as well as management, maintenance, and sales of the complete development. It has three segments: The Property and related services segment that derives maximum revenue, provides mall /office areas on a license basis and development of commercial/residential properties. The Hospitality segment engages in the operation of hotels and restaurants. The Residential Business segment includes sale of residential properties.
92GF Score
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