Empire Industries (BOM:509525) Cyclically Adjusted PS Ratio: 1.18 (As of Aug. 31, 2026) — 18% Above Median

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BOM:509525 Empire Industries Ltd BOM:509525
65 GF Score
Price ₹1,216.00
GF Value ₹1,452.77
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Empire Industries Cyclically Adjusted PS Ratio?

Empire Industries BOM:509525 +0.20% 65 Cyclically Adjusted PS Ratio is 1.18 as of Aug. 31, 2026, which is 18% above its 10-year median of 1.00. GuruFocus rates BOM:509525 with a GF Score™ of 65/100 and a GF Value™ of ₹1,452.77 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 459 Conglomerates companies, Empire Industries ranks worse than 61% on this metric.

As of today (2026-08-31), Empire Industries's current share price is ₹1216.00. Empire Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹1,028.30. Empire Industries's Cyclically Adjusted PS Ratio for today is 1.18.

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

BOM:509525' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1   Max: 1.57
Current: 1.18

During the past years, Empire Industries's highest Cyclically Adjusted PS Ratio was 1.57. The lowest was 0.74. And the median was 1.00.

BOM:509525's Cyclically Adjusted PS Ratio is ranked worse than
61% of 459 companies
in the Conglomerates industry
Industry Median: 0.79 vs BOM:509525: 1.18

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.

Empire Industries's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹305.952. 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 ₹1,028.30 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Empire Industries  (BOM:509525) 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.


Empire Industries Cyclically Adjusted PS Ratio Related Terms


Empire Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Empire Industries'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.

Empire Industries Cyclically Adjusted PS Ratio Chart

Empire Industries 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 0.79 0.74 1.03 1.16 0.84

Empire Industries 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 1.18 1.14 0.99 0.84 0.99

BOM:509525 vs MMM, HON: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Empire Industries'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.


Empire Industries Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Empire Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:509525
65GF Score
Empire Industries Ltd BOM:509525
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Empire Industries 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.

Empire Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1216.00/1028.30
=1.18

* 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.

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

For example, Empire Industries'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)
=305.952/167.3573*167.3573
=305.952

Current CPI (Jun. 2026) = 167.3573.

Empire Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 158.314 105.961 250.045
201612 168.173 105.196 267.548
201703 201.367 105.196 320.357
201706 171.455 107.109 267.898
201709 150.667 109.021 231.287
201712 172.812 109.404 264.354
201803 293.851 109.786 447.944
201806 181.553 111.317 272.953
201809 208.950 115.142 303.706
201812 215.012 115.142 312.517
201903 17.317 118.202 24.518
201906 214.348 120.880 296.763
201909 235.920 123.175 320.543
201912 266.288 126.235 353.033
202003 -31.798 124.705 -42.674
202006 154.900 127.000 204.123
202009 228.832 130.118 294.323
202012 217.044 130.889 277.517
202103 3.468 131.771 4.405
202106 161.338 134.084 201.374
202109 186.491 135.847 229.748
202112 238.576 138.161 288.993
202203 125.341 138.822 151.105
202206 246.433 142.347 289.730
202209 306.724 144.661 354.847
202212 286.603 145.763 329.063
202303 92.043 146.865 104.886
202306 246.103 150.280 274.069
202309 255.922 151.492 282.724
202312 254.743 152.924 278.786
202403 60.110 153.035 65.736
202406 252.691 155.789 271.455
202409 272.402 157.882 288.750
202412 292.554 158.323 309.248
202503 310.696 157.552 330.033
202506 278.003 159.755 291.232
202509 300.689 162.289 310.079
202512 314.407 163.281 322.257
202603 325.675 164.272 331.791
202606 305.952 167.357 305.952

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 1.18 mean?
Empire Industries (BOM:509525) has a Cyclically Adjusted PS Ratio of 1.18 as of Aug. 31, 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 Empire Industries and its competitors. This is 18% above median its historical median of 1.00. Over the past decade, Empire Industries' Cyclically Adjusted PS Ratio has ranged from 0.74 to 1.57. According to the industry distribution chart, Empire Industries ranks #280 out of 459 companies in the Conglomerates industry, placing it in the top 61%.
Is Empire Industries' Cyclically Adjusted PS Ratio too high?
Empire Industries' current Cyclically Adjusted PS Ratio of 1.18 is 18% above median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 1.57. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.79. Empire Industries' value of 1.18 is 49.4% above this industry median. Based on the distribution chart, Empire Industries ranks #280 out of 459 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Empire Industries has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Empire Industries' Cyclically Adjusted PS Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Empire Industries ranks #280 out of 459 companies for Cyclically Adjusted PS Ratio. This places Empire Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.79. Empire Industries' value of 1.18 is 49.4% above this benchmark. Historically, Empire Industries' own Cyclically Adjusted PS Ratio has ranged from 0.74 to 1.57 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 0.79, Empire Industries 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 Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.79, based on 459 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. Empire Industries's current Cyclically Adjusted PS Ratio of 1.18 is 49.4% 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 Empire Industries and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empire Industries's current Cyclically Adjusted PS Ratio is 1.18, which is 18% above median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empire Industries stock overvalued right now?
Based on GuruFocus' analysis, Empire Industries (BOM:509525) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,452.77, compared to a current price of ₹1,216.00 — trading 16.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.18, which is 18% above median its 10-year median of 1.00 and 49.4% above the Conglomerates industry median of 0.79. Empire Industries' overall GF Score™ is 65/100 with 5 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 Empire Industries (BOM:509525), the current Cyclically Adjusted PS Ratio is 1.18 as of Aug. 31, 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 Empire Industries (BOM:509525) Overvalued in 2026?

Based on GuruFocus' analysis, Empire Industries stock appears to be undervalued. The current stock price of ₹1,216.00 is trading 16.3% below its estimated GF Value™ of ₹1,452.77. GuruFocus considers Empire Industries to be Modestly Undervalued.

Key valuation signals for BOM:509525:

  • Cyclically Adjusted PS Ratio: 1.18 (18% above median its 10-year median of 1.00)
  • GF Value™: ₹1,452.77 vs. price of ₹1,216.00 (16.3% below fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 49.4% above the Conglomerates median (#280 of 459)

No single metric tells the full story. See the BOM:509525 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Empire Industries Business Description

Other Exchanges EMPIND:India
Address 414, Senapati Bapat Marg, Empire Complex, Lower Parel, Mumbai, MH, IND, 400 013
Empire Industries Ltd is a multi-divisional company engaged in different businesses. Its segments are Manufacturing - comprising of manufacturing glass bottles; Trading, Business Support Services, Consultancy, Commission; and Property development. The company derives revenue from the business of manufacturing of container glass, trading in frozen foods, indenting and real estate. It also imports frozen foods from the market and distributes them to hotels, provides office space on a leave and license basis to companies and banks, develops residential, and provides workspace solutions to clients. The company operates in India and internationally.
65GF Score

Get the complete analysis for BOM:509525

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

₹1,216.00
Price
₹1,452.77
GF Value