Apis India (BOM:506166) Cyclically Adjusted PS Ratio: 2.40 (As of Aug. 12, 2026) — 400% Above Median

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BOM:506166 Apis India Ltd BOM:506166
65 GF Score
Price ₹57.33
GF Value ₹13.10
Valuation Significantly Overvalued
View Full Analysis

What is Apis India Cyclically Adjusted PS Ratio?

Apis India BOM:506166 -1.26% 65 Cyclically Adjusted PS Ratio is 2.40 as of Aug. 12, 2026, which is 400% above its 10-year median of 0.48. GuruFocus rates BOM:506166 with a GF Score™ of 65/100 and a GF Value™ of ₹13.10 (Significantly Overvalued). Among 1,449 Consumer Packaged Goods companies, Apis India ranks worse than 81.64% on this metric.

As of today (2026-08-12), Apis India's current share price is ₹57.33. Apis India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹23.93. Apis India's Cyclically Adjusted PS Ratio for today is 2.40.

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

BOM:506166' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.48   Max: 4.48
Current: 2.35

During the past years, Apis India's highest Cyclically Adjusted PS Ratio was 4.48. The lowest was 0.04. And the median was 0.48.

BOM:506166's Cyclically Adjusted PS Ratio is ranked worse than
81.64% of 1449 companies
in the Consumer Packaged Goods industry
Industry Median: 0.76 vs BOM:506166: 2.35

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.

Apis India's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹7.285. 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 ₹23.93 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apis India  (BOM:506166) 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.


Apis India Cyclically Adjusted PS Ratio Related Terms


Apis India Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Apis India'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.

Apis India Cyclically Adjusted PS Ratio Chart

Apis India 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 0.14 0.38 0.49 2.40

Apis India 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 0.49 0.53 1.18 3.03 2.40

BOM:506166 vs KHC, GIS: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, Apis India'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.


Apis India Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Apis India's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:506166
65GF Score
Apis India Ltd BOM:506166
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apis India 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.

Apis India's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=57.33/23.93
=2.40

* 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.

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

For example, Apis India'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)
=7.285/164.2724*164.2724
=7.285

Current CPI (Mar. 2026) = 164.2724.

Apis India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.634 105.961 4.084
201609 2.973 105.961 4.609
201612 2.630 105.196 4.107
201703 3.574 105.196 5.581
201706 2.973 107.109 4.560
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 3.601 109.786 5.388
201806 3.380 111.317 4.988
201809 3.529 115.142 5.035
201812 4.486 115.142 6.400
201903 4.234 118.202 5.884
201906 3.205 120.880 4.356
201909 4.050 123.175 5.401
201912 3.728 126.235 4.851
202003 3.698 124.705 4.871
202006 4.597 127.000 5.946
202009 5.220 130.118 6.590
202012 5.445 130.889 6.834
202103 4.480 131.771 5.585
202106 5.598 134.084 6.858
202109 4.138 135.847 5.004
202112 4.824 138.161 5.736
202203 6.553 138.822 7.754
202206 4.943 142.347 5.704
202209 7.160 144.661 8.131
202212 6.397 145.763 7.209
202303 5.249 146.865 5.871
202306 5.731 150.280 6.265
202309 5.743 151.492 6.227
202312 5.741 152.924 6.167
202403 5.597 153.035 6.008
202406 6.323 155.789 6.667
202409 5.838 157.882 6.074
202412 6.728 158.323 6.981
202503 6.545 157.552 6.824
202506 6.309 159.755 6.487
202509 6.988 162.289 7.073
202512 7.895 163.281 7.943
202603 7.285 164.272 7.285

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 2.40 mean?
Apis India (BOM:506166) has a Cyclically Adjusted PS Ratio of 2.40 as of Aug. 12, 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 Apis India and its competitors. This is 400% above median its historical median of 0.48. Over the past decade, Apis India's Cyclically Adjusted PS Ratio has ranged from 0.04 to 4.48. According to the industry distribution chart, Apis India ranks #1183 out of 1449 companies in the Consumer Packaged Goods industry, placing it in the top 81.6%.
Is Apis India's Cyclically Adjusted PS Ratio too high?
Apis India's current Cyclically Adjusted PS Ratio of 2.40 is 400% above median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 4.48. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.76. Apis India's value of 2.40 is 215.8% above this industry median. Based on the distribution chart, Apis India ranks #1183 out of 1449 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Apis India has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apis India's Cyclically Adjusted PS Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Apis India ranks #1183 out of 1449 companies for Cyclically Adjusted PS Ratio. This places Apis India in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. Apis India's value of 2.40 is 215.8% above this benchmark. Historically, Apis India's own Cyclically Adjusted PS Ratio has ranged from 0.04 to 4.48 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.76, Apis India 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.76, based on 1,449 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. Apis India's current Cyclically Adjusted PS Ratio of 2.40 is 215.8% 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 Apis India and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apis India's current Cyclically Adjusted PS Ratio is 2.40, which is 400% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apis India stock overvalued right now?
Based on GuruFocus' analysis, Apis India (BOM:506166) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹13.10, compared to a current price of ₹57.33 — trading 337.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.40, which is 400% above median its 10-year median of 0.48 and 215.8% above the Consumer Packaged Goods industry median of 0.76. Apis India's overall GF Score™ is 65/100. 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 Apis India (BOM:506166), the current Cyclically Adjusted PS Ratio is 2.40 as of Aug. 12, 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 Apis India (BOM:506166) Overvalued in 2026?

Based on GuruFocus' analysis, Apis India stock appears to be overvalued. The current stock price of ₹57.33 is trading 337.6% above its estimated GF Value™ of ₹13.10. GuruFocus considers Apis India to be Significantly Overvalued.

Key valuation signals for BOM:506166:

  • Cyclically Adjusted PS Ratio: 2.40 (400% above median its 10-year median of 0.48)
  • GF Value™: ₹13.10 vs. price of ₹57.33 (337.6% above fair value)
  • GF Score™: 65/100
  • Industry Position: 215.8% above the Consumer Packaged Goods median (#1183 of 1449)

No single metric tells the full story. See the BOM:506166 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apis India Business Description

Address 18/32, East Patel Nagar, New Delhi, IND, 110 008
Apis India Ltd is a honey manufacturing company. The company has in-house facilities for testing, lab, processing, and filtration of honey. The company's product profile consists of Dates, Green tea, Honey, Pickles and Jam, among others. The company sells its products in India and also exports them to other countries, of which key income is earned in India.
65GF Score

Get the complete analysis for BOM:506166

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

₹57.33
Price
₹13.10
GF Value