Indag Rubber (BOM:509162) Cyclically Adjusted PS Ratio: 1.02 (As of Aug. 15, 2026) — 16% Below Median

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:509162 Indag Rubber Ltd BOM:509162
71 GF Score
Price ₹99.89
GF Value ₹122.92
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Indag Rubber Cyclically Adjusted PS Ratio?

Indag Rubber BOM:509162 +4.99% 71 Cyclically Adjusted PS Ratio is 1.02 as of Aug. 15, 2026, which is 16% below its 10-year median of 1.21. GuruFocus rates BOM:509162 with a GF Score™ of 71/100 and a GF Value™ of ₹122.92 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,040 Vehicles & Parts companies, Indag Rubber ranks worse than 59.52% on this metric.

As of today (2026-08-15), Indag Rubber's current share price is ₹99.89. Indag Rubber's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹97.61. Indag Rubber's Cyclically Adjusted PS Ratio for today is 1.02.

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

BOM:509162' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.21   Max: 2.79
Current: 1.02

During the past years, Indag Rubber's highest Cyclically Adjusted PS Ratio was 2.79. The lowest was 0.64. And the median was 1.21.

BOM:509162's Cyclically Adjusted PS Ratio is ranked worse than
59.52% of 1040 companies
in the Vehicles & Parts industry
Industry Median: 0.74 vs BOM:509162: 1.02

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.

Indag Rubber's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹23.149. 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 ₹97.61 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indag Rubber  (BOM:509162) 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.


Indag Rubber Cyclically Adjusted PS Ratio Related Terms


Indag Rubber Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Indag Rubber'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.

Indag Rubber Cyclically Adjusted PS Ratio Chart

Indag Rubber 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 0.60 0.92 1.29 1.19 0.88

Indag Rubber 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 1.19 1.35 1.20 1.25 0.88

BOM:509162 vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, Indag Rubber'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.


Indag Rubber Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Indag Rubber's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:509162
71GF Score
Indag Rubber Ltd BOM:509162
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indag Rubber 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.

Indag Rubber's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=99.89/97.61
=1.02

* 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.

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

For example, Indag Rubber'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)
=23.149/164.2724*164.2724
=23.149

Current CPI (Mar. 2026) = 164.2724.

Indag Rubber Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201509 27.040 101.753 43.654
201512 23.680 102.901 37.803
201603 21.182 102.518 33.941
201606 18.623 105.961 28.871
201609 15.429 105.961 23.920
201612 17.155 105.196 26.789
201703 19.272 105.196 30.095
201803 0.000 109.786 0.000
201806 15.258 111.317 22.517
201809 17.310 115.142 24.696
201812 16.882 115.142 24.085
201903 16.338 118.202 22.706
201906 19.103 120.880 25.960
201909 19.803 123.175 26.410
201912 19.862 126.235 25.847
202003 12.182 124.705 16.047
202006 9.414 127.000 12.177
202009 17.379 130.118 21.941
202012 20.009 130.889 25.112
202103 18.073 131.771 22.531
202106 11.745 134.084 14.389
202109 17.329 135.847 20.955
202112 17.383 138.161 20.668
202203 16.675 138.822 19.732
202206 21.193 142.347 24.457
202209 24.091 144.661 27.357
202212 23.027 145.763 25.951
202303 24.040 146.865 26.889
202306 24.160 150.280 26.409
202309 24.395 151.492 26.453
202312 23.776 152.924 25.540
202403 23.087 153.035 24.782
202406 21.063 155.789 22.210
202409 23.653 157.882 24.610
202412 20.775 158.323 21.556
202503 21.114 157.552 22.015
202506 17.188 159.755 17.674
202509 19.997 162.289 20.241
202512 21.420 163.281 21.550
202603 23.149 164.272 23.149

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 1.02 mean?
Indag Rubber (BOM:509162) has a Cyclically Adjusted PS Ratio of 1.02 as of Aug. 15, 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 Indag Rubber and its competitors. This is 16% below median its historical median of 1.21. Over the past decade, Indag Rubber's Cyclically Adjusted PS Ratio has ranged from 0.64 to 2.79. According to the industry distribution chart, Indag Rubber ranks #619 out of 1040 companies in the Vehicles & Parts industry, placing it in the top 59.5%.
Is Indag Rubber's Cyclically Adjusted PS Ratio too high?
Indag Rubber's current Cyclically Adjusted PS Ratio of 1.02 is 16% below median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 2.79. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.74. Indag Rubber's value of 1.02 is 37.8% above this industry median. Based on the distribution chart, Indag Rubber ranks #619 out of 1040 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Indag Rubber has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indag Rubber's Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Indag Rubber ranks #619 out of 1040 companies for Cyclically Adjusted PS Ratio. This places Indag Rubber in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.74. Indag Rubber's value of 1.02 is 37.8% above this benchmark. Historically, Indag Rubber's own Cyclically Adjusted PS Ratio has ranged from 0.64 to 2.79 over the past decade. While the company's 10-year median is 1.21 vs. the industry median of 0.74, Indag Rubber 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.74, based on 1,040 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. Indag Rubber's current Cyclically Adjusted PS Ratio of 1.02 is 37.8% 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 Indag Rubber and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indag Rubber's current Cyclically Adjusted PS Ratio is 1.02, which is 16% below median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indag Rubber stock overvalued right now?
Based on GuruFocus' analysis, Indag Rubber (BOM:509162) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹122.92, compared to a current price of ₹99.89 — trading 18.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.02, which is 16% below median its 10-year median of 1.21 and 37.8% above the Vehicles & Parts industry median of 0.74. Indag Rubber's overall GF Score™ is 71/100 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 Indag Rubber (BOM:509162), the current Cyclically Adjusted PS Ratio is 1.02 as of Aug. 15, 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 Indag Rubber (BOM:509162) Overvalued in 2026?

Based on GuruFocus' analysis, Indag Rubber stock appears to be undervalued. The current stock price of ₹99.89 is trading 18.7% below its estimated GF Value™ of ₹122.92. GuruFocus considers Indag Rubber to be Modestly Undervalued.

Key valuation signals for BOM:509162:

  • Cyclically Adjusted PS Ratio: 1.02 (16% below median its 10-year median of 1.21)
  • GF Value™: ₹122.92 vs. price of ₹99.89 (18.7% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 37.8% above the Vehicles & Parts median (#619 of 1040)

No single metric tells the full story. See the BOM:509162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indag Rubber Business Description

Address 11, Community Centre, 2nd and 3rd Floor, Saket, Khemka house, New Delhi, IND, 110017
Indag Rubber Ltd is engaged in the manufacturing and selling of Precured Tread Rubber and allied products. The company operates in two segments: Precured Tread Rubber segment involved is engaged in the manufacturing of the Precured Tread Rubber, Bonding Repair and Extrusion Gum and Rubber Cement, which are used for retreading of tyres and providing tyre retreading service and allied products/services; and Power conversation system is into the business of manufacturing of power conversion system (PCS) for battery energy storage system (BESS) and power electronics and electronics in the green energy sector.
71GF Score

Get the complete analysis for BOM:509162

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

₹99.89
Price
₹122.92
GF Value