Amal (BOM:506597) Cyclically Adjusted PS Ratio: 10.16 (As of Aug. 18, 2026) — 11% Above Median

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BOM:506597 Amal Ltd BOM:506597
75 GF Score
Price ₹759.05
GF Value ₹1,312.37
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Amal Cyclically Adjusted PS Ratio?

Amal BOM:506597 +1.88% 75 Cyclically Adjusted PS Ratio is 10.16 as of Aug. 18, 2026, which is 11% above its 10-year median of 9.14. GuruFocus rates BOM:506597 with a GF Score™ of 75/100 and a GF Value™ of ₹1,312.37 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,274 Chemicals companies, Amal ranks worse than 93.56% on this metric.

As of today (2026-08-18), Amal's current share price is ₹759.05. Amal's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹74.73. Amal's Cyclically Adjusted PS Ratio for today is 10.16.

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

BOM:506597' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.95   Med: 9.14   Max: 19.6
Current: 9.97

During the past years, Amal's highest Cyclically Adjusted PS Ratio was 19.60. The lowest was 4.95. And the median was 9.14.

BOM:506597's Cyclically Adjusted PS Ratio is ranked worse than
93.56% of 1274 companies
in the Chemicals industry
Industry Median: 1.345 vs BOM:506597: 9.97

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.

Amal's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹78.094. 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 ₹74.73 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amal  (BOM:506597) 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.


Amal Cyclically Adjusted PS Ratio Related Terms


Amal Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Amal'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.

Amal Cyclically Adjusted PS Ratio Chart

Amal 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 11.36 4.95 8.47 13.44 6.20

Amal 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 13.56 15.32 10.95 6.20 7.58

BOM:506597 vs DOW: Cyclically Adjusted PS Ratio Comparison

For the Chemicals subindustry, Amal'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.


Amal Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Amal's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:506597
75GF Score
Amal Ltd BOM:506597
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amal 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.

Amal's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=759.05/74.73
=10.16

* 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.

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

For example, Amal'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)
=78.094/167.3573*167.3573
=78.094

Current CPI (Jun. 2026) = 167.3573.

Amal Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 7.557 105.961 11.936
201612 10.572 105.196 16.819
201703 -18.623 105.196 -29.628
201706 7.442 107.109 11.628
201709 10.316 109.021 15.836
201712 8.755 109.404 13.393
201803 8.393 109.786 12.794
201806 8.917 111.317 13.406
201809 8.850 115.142 12.863
201812 3.403 115.142 4.946
201903 10.496 118.202 14.861
201906 9.198 120.880 12.735
201909 8.518 123.175 11.573
201912 6.715 126.235 8.902
202003 6.962 124.705 9.343
202006 4.745 127.000 6.253
202009 6.467 130.118 8.318
202012 8.803 130.889 11.256
202103 9.194 131.771 11.677
202106 2.691 134.084 3.359
202109 10.431 135.847 12.851
202112 15.483 138.161 18.755
202203 10.923 138.822 13.168
202206 11.017 142.347 12.953
202209 15.095 144.661 17.463
202212 18.391 145.763 21.116
202303 11.971 146.865 13.641
202306 13.576 150.280 15.119
202309 17.998 151.492 19.883
202312 20.897 152.924 22.869
202403 16.926 153.035 18.510
202406 16.526 155.789 17.753
202409 24.310 157.882 25.769
202412 37.044 158.323 39.158
202503 31.497 157.552 33.457
202506 38.285 159.755 40.107
202509 43.679 162.289 45.043
202512 50.624 163.281 51.888
202603 61.290 164.272 62.441
202606 78.094 167.357 78.094

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 10.16 mean?
Amal (BOM:506597) has a Cyclically Adjusted PS Ratio of 10.16 as of Aug. 18, 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 Amal and its competitors. This is 11% above median its historical median of 9.14. Over the past decade, Amal's Cyclically Adjusted PS Ratio has ranged from 4.95 to 19.60. According to the industry distribution chart, Amal ranks #1192 out of 1274 companies in the Chemicals industry, placing it in the top 93.6%.
Is Amal's Cyclically Adjusted PS Ratio too high?
Amal's current Cyclically Adjusted PS Ratio of 10.16 is 11% above median its 10-year median of 9.14. Over the past 10 years, this metric has ranged from a low of 4.95 to a high of 19.60. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.35. Amal's value of 10.16 is 655.4% above this industry median. Based on the distribution chart, Amal ranks #1192 out of 1274 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Amal has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Amal's Cyclically Adjusted PS Ratio compare to DOW?
According to the Chemicals industry distribution chart, Amal ranks #1192 out of 1274 companies for Cyclically Adjusted PS Ratio. This places Amal in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.35. Amal's value of 10.16 is 655.4% above this benchmark. Historically, Amal's own Cyclically Adjusted PS Ratio has ranged from 4.95 to 19.60 over the past decade. While the company's 10-year median is 9.14 vs. the industry median of 1.35, Amal 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.35, based on 1,274 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. Amal's current Cyclically Adjusted PS Ratio of 10.16 is 655.4% 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 Amal and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amal's current Cyclically Adjusted PS Ratio is 10.16, which is 11% above median its own 10-year median of 9.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amal stock overvalued right now?
Based on GuruFocus' analysis, Amal (BOM:506597) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1,312.37, compared to a current price of ₹759.05 — trading 42.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 10.16, which is 11% above median its 10-year median of 9.14 and 655.4% above the Chemicals industry median of 1.35. Amal's overall GF Score™ is 75/100 with 2 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 Amal (BOM:506597), the current Cyclically Adjusted PS Ratio is 10.16 as of Aug. 18, 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 Amal (BOM:506597) Overvalued in 2026?

Based on GuruFocus' analysis, Amal stock appears to be undervalued. The current stock price of ₹759.05 is trading 42.2% below its estimated GF Value™ of ₹1,312.37. GuruFocus considers Amal to be Possible Value Trap.

Key valuation signals for BOM:506597:

  • Cyclically Adjusted PS Ratio: 10.16 (11% above median its 10-year median of 9.14)
  • GF Value™: ₹1,312.37 vs. price of ₹759.05 (42.2% below fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 655.4% above the Chemicals median (#1192 of 1274)

No single metric tells the full story. See the BOM:506597 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Amal Business Description

Address Atul, Valsad, GJ, IND, 396 020
Amal Ltd is engaged in manufacturing and marketing bulk chemicals. The company produces Sulphuric Acid and Oleum and their downstream products such as Sulphur Dioxide and Sulphur Trioxide. Its product is used in Dyestuff, Textile, Electroplating, Breweries and Food Industries. The Company operates in a single business segment which is the manufacturing of bulk chemicals.
75GF Score

Get the complete analysis for BOM:506597

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

₹759.05
Price
₹1,312.37
GF Value