SJ (BOM:504398) Cyclically Adjusted PS Ratio: (As of Aug. 24, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:504398 SJ Corp Ltd BOM:504398
37 GF Score
Price ₹180.85
GF Value ₹14.03
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is SJ Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SJ  (BOM:504398) 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.


SJ Cyclically Adjusted PS Ratio Related Terms


SJ Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for SJ'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.

SJ Cyclically Adjusted PS Ratio Chart

SJ 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 0.92 1.02 1.37 2.27 3.99

SJ 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 2.52 3.02 3.17 3.99 0.00

BOM:504398 vs TPR: Cyclically Adjusted PS Ratio Comparison

For the Luxury Goods subindustry, SJ'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.


SJ Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, SJ's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:504398
37GF Score
SJ Corp Ltd BOM:504398
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SJ 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.

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

For example, SJ'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)
=12.919/167.3573*167.3573
=12.919

Current CPI (Jun. 2026) = 167.3573.

SJ Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.895 105.961 6.152
201612 2.003 105.196 3.187
201703 1.278 105.196 2.033
201706 5.545 107.109 8.664
201709 0.000 109.021 0.000
201712 3.952 109.404 6.045
201803 0.828 109.786 1.262
201806 4.509 111.317 6.779
201809 2.738 115.142 3.980
201812 1.001 115.142 1.455
201903 2.990 118.202 4.233
201906 2.017 120.880 2.793
201909 2.841 123.175 3.860
201912 4.579 126.235 6.071
202003 1.175 124.705 1.577
202006 0.132 127.000 0.174
202009 1.500 130.118 1.929
202012 1.258 130.889 1.609
202103 1.434 131.771 1.821
202106 0.140 134.084 0.175
202109 4.333 135.847 5.338
202112 7.564 138.161 9.162
202203 3.875 138.822 4.672
202206 4.929 142.347 5.795
202209 1.951 144.661 2.257
202212 7.354 145.763 8.443
202303 11.769 146.865 13.411
202306 11.270 150.280 12.551
202309 4.932 151.492 5.449
202312 0.033 152.924 0.036
202403 2.515 153.035 2.750
202406 3.082 155.789 3.311
202409 5.264 157.882 5.580
202412 0.697 158.323 0.737
202503 8.784 157.552 9.331
202506 7.164 159.755 7.505
202509 4.377 162.289 4.514
202512 7.474 163.281 7.661
202603 1.781 164.272 1.814
202606 12.919 167.357 12.919

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.

Is SJ (BOM:504398) Overvalued in 2026?

Based on GuruFocus' analysis, SJ stock appears to be overvalued. The current stock price of ₹180.85 is trading 1189% above its estimated GF Value™ of ₹14.03. GuruFocus considers SJ to be Significantly Overvalued.

Key valuation signals for BOM:504398:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹14.03 vs. price of ₹180.85 (1189% above fair value)
  • GF Score™: 37/100 with 11 warning signs

No single metric tells the full story. See the BOM:504398 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SJ Business Description

Address Manchubai Road, Fatimadevi School Lane, 201 Shyam Bungalow, Plot No 199/200, Pushpa Colony, Malad East, Mumbai, MH, IND, 400097
SJ Corp Ltd is engaged in the manufacturing of diamond-studded jewellery & trading of polished diamonds, and real estate development. The company has identified two business segments, which are in Diamond studded jewellery and Polished diamonds & Real Estate and development of property. It generates the majority of revenue from Diamond studded jewellery and Polished diamonds segment.
37GF Score

Get the complete analysis for BOM:504398

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

₹180.85
Price
₹14.03
GF Value