India Cements Capital (BOM:511355) Cyclically Adjusted PS Ratio: 0.12 (As of Jul. 26, 2026) — 33% Above Median

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BOM:511355 India Cements Capital Ltd BOM:511355
39 GF Score
Price ₹19.52
GF Value ₹0.26
Valuation Significantly Overvalued
! 5 Warning Signs
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What is India Cements Capital Cyclically Adjusted PS Ratio?

India Cements Capital BOM:511355 +1.93% 39 Cyclically Adjusted PS Ratio is 0.12 as of Jul. 26, 2026, which is 33% above its 10-year median of 0.09. GuruFocus rates BOM:511355 with a GF Score™ of 39/100 and a GF Value™ of ₹0.26 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 605 Capital Markets companies, India Cements Capital ranks better than 94.71% on this metric.

As of today (2026-07-26), India Cements Capital's current share price is ₹19.52. India Cements Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹165.44. India Cements Capital's Cyclically Adjusted PS Ratio for today is 0.12.

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

BOM:511355' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.09   Max: 0.12
Current: 0.12

During the past years, India Cements Capital's highest Cyclically Adjusted PS Ratio was 0.12. The lowest was 0.06. And the median was 0.09.

BOM:511355's Cyclically Adjusted PS Ratio is ranked better than
94.71% of 605 companies
in the Capital Markets industry
Industry Median: 3.34 vs BOM:511355: 0.12

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.

India Cements Capital's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹0.553. 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 ₹165.44 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


India Cements Capital  (BOM:511355) 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.


India Cements Capital Cyclically Adjusted PS Ratio Related Terms


India Cements Capital Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for India Cements Capital'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.

India Cements Capital Cyclically Adjusted PS Ratio Chart

India Cements Capital 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 0.00 0.00 0.00 0.06

India Cements Capital 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 0.00 0.00 0.09 0.08 0.06

BOM:511355 vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, India Cements Capital'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.


India Cements Capital Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, India Cements Capital's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:511355
39GF Score
India Cements Capital Ltd BOM:511355
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

India Cements Capital 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.52/165.44
=0.12

* 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.

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

For example, India Cements Capital'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)
=0.553/164.2724*164.2724
=0.553

Current CPI (Mar. 2026) = 164.2724.

India Cements Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 0.699 111.317 1.032
201809 0.691 115.142 0.986
201812 0.589 115.142 0.840
201903 267.256 118.202 371.421
201906 0.810 120.880 1.101
201909 0.656 123.175 0.875
201912 0.691 126.235 0.899
202003 449.840 124.705 592.568
202006 0.180 127.000 0.233
202009 0.204 130.118 0.258
202012 0.213 130.889 0.267
202103 16.436 131.771 20.490
202106 0.171 134.084 0.209
202109 0.284 135.847 0.343
202112 0.290 138.161 0.345
202203 27.788 138.822 32.882
202206 0.436 142.347 0.503
202209 0.604 144.661 0.686
202212 0.479 145.763 0.540
202303 95.183 146.865 106.465
202306 0.830 150.280 0.907
202309 0.880 151.492 0.954
202312 0.780 152.924 0.838
202403 170.353 153.035 182.863
202406 0.764 155.789 0.806
202409 0.665 157.882 0.692
202412 0.661 158.323 0.686
202503 0.473 157.552 0.493
202506 0.636 159.755 0.654
202509 0.566 162.289 0.573
202512 0.519 163.281 0.522
202603 0.553 164.272 0.553

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 0.12 mean?
India Cements Capital (BOM:511355) has a Cyclically Adjusted PS Ratio of 0.12 as of Jul. 26, 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 India Cements Capital and its competitors. This is 33% above median its historical median of 0.09. Over the past decade, India Cements Capital's Cyclically Adjusted PS Ratio has ranged from 0.06 to 0.12. According to the industry distribution chart, India Cements Capital ranks #32 out of 605 companies in the Capital Markets industry, placing it in the top 5.3%.
Is India Cements Capital's Cyclically Adjusted PS Ratio too high?
India Cements Capital's current Cyclically Adjusted PS Ratio of 0.12 is 33% above median its 10-year median of 0.09. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.12. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.34. India Cements Capital's value of 0.12 is 96.4% below this industry median. Based on the distribution chart, India Cements Capital ranks #32 out of 605 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, India Cements Capital has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does India Cements Capital's Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, India Cements Capital ranks #32 out of 605 companies for Cyclically Adjusted PS Ratio. This places India Cements Capital in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.34. India Cements Capital's value of 0.12 is 96.4% below this benchmark. Historically, India Cements Capital's own Cyclically Adjusted PS Ratio has ranged from 0.06 to 0.12 over the past decade. While the company's 10-year median is 0.09 vs. the industry median of 3.34, India Cements Capital has consistently been below 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 Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.34, based on 605 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. India Cements Capital's current Cyclically Adjusted PS Ratio of 0.12 is 96.4% below 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 India Cements Capital and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Cements Capital's current Cyclically Adjusted PS Ratio is 0.12, which is 33% above median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Cements Capital stock overvalued right now?
Based on GuruFocus' analysis, India Cements Capital (BOM:511355) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.26, compared to a current price of ₹19.52 — trading 7407.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.12, which is 33% above median its 10-year median of 0.09 and 96.4% below the Capital Markets industry median of 3.34. India Cements Capital's overall GF Score™ is 39/100 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 India Cements Capital (BOM:511355), the current Cyclically Adjusted PS Ratio is 0.12 as of Jul. 26, 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 India Cements Capital (BOM:511355) Overvalued in 2026?

Based on GuruFocus' analysis, India Cements Capital stock appears to be overvalued. The current stock price of ₹19.52 is trading 7407.7% above its estimated GF Value™ of ₹0.26. GuruFocus considers India Cements Capital to be Significantly Overvalued.

Key valuation signals for BOM:511355:

  • Cyclically Adjusted PS Ratio: 0.12 (33% above median its 10-year median of 0.09)
  • GF Value™: ₹0.26 vs. price of ₹19.52 (7407.7% above fair value)
  • GF Score™: 39/100 with 5 warning signs
  • Industry Position: 96.4% below the Capital Markets median (#32 of 605)

No single metric tells the full story. See the BOM:511355 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


India Cements Capital Business Description

Address No. 18/14 (312/14) Gee Gee Emerald, Valluvar Kottam High Road, No. 2C & 2D, 2nd Floor, Nungambakkam, Chennai, TN, IND, 600 034
India Cements Capital Ltd is a non-banking finance company. It is engaged in providing fee-based activities, including risk management services for importers and exporters, money changing, travel services, interbank Forex broking and share broking.
39GF Score

Get the complete analysis for BOM:511355

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

₹19.52
Price
₹0.26
GF Value