Royal India (BOM:512047) Cyclically Adjusted PS Ratio: 0.09 (As of Sep. 11, 2026) — 80% Above Median

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BOM:512047 Royal India Corp Ltd BOM:512047
43 GF Score
Price ₹4.81
GF Value ₹0.36
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Royal India Cyclically Adjusted PS Ratio?

Royal India BOM:512047 -7.14% 43 Cyclically Adjusted PS Ratio is 0.09 as of Sep. 11, 2026, which is 80% above its 10-year median of 0.05. GuruFocus rates BOM:512047 with a GF Score™ of 43/100 and a GF Value™ of ₹0.36 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 800 Retail - Cyclical companies, Royal India ranks better than 87.5% on this metric.

As of today (2026-09-11), Royal India's current share price is ₹4.81. Royal India's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹53.13. Royal India's Cyclically Adjusted PS Ratio for today is 0.09.

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

BOM:512047' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.05   Max: 0.83
Current: 0.11

During the past years, Royal India's highest Cyclically Adjusted PS Ratio was 0.83. The lowest was 0.01. And the median was 0.05.

BOM:512047's Cyclically Adjusted PS Ratio is ranked better than
87.5% of 800 companies
in the Retail - Cyclical industry
Industry Median: 0.52 vs BOM:512047: 0.11

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.

Royal India's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹0.308. 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 ₹53.13 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Royal India  (BOM:512047) 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.


Royal India Cyclically Adjusted PS Ratio Related Terms


Royal India Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Royal 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.

Royal India Cyclically Adjusted PS Ratio Chart

Royal 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 0.04 0.03 0.00 0.14 0.08

Royal India 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 0.14 0.12 0.00 0.08 0.11

BOM:512047 vs TPR: Cyclically Adjusted PS Ratio Comparison

For the Luxury Goods subindustry, Royal 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.


Royal India Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Royal India's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:512047
43GF Score
Royal India Corp Ltd BOM:512047
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Royal 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.81/53.13
=0.09

* 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.

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

For example, Royal India'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)
=0.308/167.3573*167.3573
=0.308

Current CPI (Jun. 2026) = 167.3573.

Royal India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 26.887 105.961 42.466
201612 33.414 105.196 53.159
201703 43.608 105.196 69.376
201706 14.913 107.109 23.302
201709 2.065 109.021 3.170
201712 6.106 109.404 9.340
201803 20.824 109.786 31.744
201806 18.995 111.317 28.558
201809 6.264 115.142 9.105
201812 4.053 115.142 5.891
201903 25.016 118.202 35.419
201906 1.125 120.880 1.558
201909 83.033 123.175 112.817
201912 1.921 126.235 2.547
202003 0.875 124.705 1.174
202006 0.000 127.000 0.000
202009 0.381 130.118 0.490
202012 0.006 130.889 0.008
202103 0.553 131.771 0.702
202106 0.004 134.084 0.005
202109 0.290 135.847 0.357
202112 0.008 138.161 0.010
202203 0.464 138.822 0.559
202206 0.014 142.347 0.016
202209 0.013 144.661 0.015
202212 12.779 145.763 14.672
202303 3.451 146.865 3.933
202306 5.674 150.280 6.319
202309 2.555 151.492 2.823
202312 4.271 152.924 4.674
202403 0.000 153.035 0.000
202406 1.037 155.789 1.114
202409 7.298 157.882 7.736
202412 6.485 158.323 6.855
202503 6.414 157.552 6.813
202506 3.807 159.755 3.988
202509 0.372 162.289 0.384
202512 0.000 163.281 0.000
202603 0.042 164.272 0.043
202606 0.308 167.357 0.308

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 0.09 mean?
Royal India (BOM:512047) has a Cyclically Adjusted PS Ratio of 0.09 as of Sep. 11, 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 Royal India and its competitors. This is 80% above median its historical median of 0.05. Over the past decade, Royal India's Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.83. According to the industry distribution chart, Royal India ranks #100 out of 800 companies in the Retail - Cyclical industry, placing it in the top 12.5%.
Is Royal India's Cyclically Adjusted PS Ratio too high?
Royal India's current Cyclically Adjusted PS Ratio of 0.09 is 80% above median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.83. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.52. Royal India's value of 0.09 is 82.7% below this industry median. Based on the distribution chart, Royal India ranks #100 out of 800 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Royal India has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Royal India's Cyclically Adjusted PS Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Royal India ranks #100 out of 800 companies for Cyclically Adjusted PS Ratio. This places Royal India in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.52. Royal India's value of 0.09 is 82.7% below this benchmark. Historically, Royal India's own Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.83 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 0.52, Royal India 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.52, based on 800 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. Royal India's current Cyclically Adjusted PS Ratio of 0.09 is 82.7% 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 Royal India and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal India's current Cyclically Adjusted PS Ratio is 0.09, which is 80% above median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal India stock overvalued right now?
Based on GuruFocus' analysis, Royal India (BOM:512047) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.36, compared to a current price of ₹4.81 — trading 1236.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.09, which is 80% above median its 10-year median of 0.05 and 82.7% below the Retail - Cyclical industry median of 0.52. Royal India's overall GF Score™ is 43/100 with 7 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 Royal India (BOM:512047), the current Cyclically Adjusted PS Ratio is 0.09 as of Sep. 11, 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 Royal India (BOM:512047) Overvalued in 2026?

Based on GuruFocus' analysis, Royal India stock appears to be overvalued. The current stock price of ₹4.81 is trading 1236.1% above its estimated GF Value™ of ₹0.36. GuruFocus considers Royal India to be Significantly Overvalued.

Key valuation signals for BOM:512047:

  • Cyclically Adjusted PS Ratio: 0.09 (80% above median its 10-year median of 0.05)
  • GF Value™: ₹0.36 vs. price of ₹4.81 (1236.1% above fair value)
  • GF Score™: 43/100 with 7 warning signs
  • Industry Position: 82.7% below the Retail - Cyclical median (#100 of 800)

No single metric tells the full story. See the BOM:512047 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Royal India Business Description

Address Plot - 45/47, Dhirubhai Parekh Marg, 34, 2nd Floor, Shanti Bhavan, Ladwadi, Kalbadevi, Mumbai, MH, IND, 400002
Royal India Corp Ltd is engaged in the wholesale trading of Gold Bullion, plain gold jewelry, gold coins, and medallions. It derives the majority of its revenue from Local Gold Bar Sales. The Company has business operations mainly in India.
43GF Score

Get the complete analysis for BOM:512047

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

₹4.81
Price
₹0.36
GF Value