Gujarat Natural Resources (BOM:513536) Cyclically Adjusted PS Ratio: 45.91 (As of Aug. 31, 2026) — 758% Above Median

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BOM:513536 Gujarat Natural Resources Ltd BOM:513536
52 GF Score
Price ₹96.87
GF Value ₹21.82
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Gujarat Natural Resources Cyclically Adjusted PS Ratio?

Gujarat Natural Resources BOM:513536 -0.96% 52 Cyclically Adjusted PS Ratio is 45.91 as of Aug. 31, 2026, which is 758% above its 10-year median of 5.35. GuruFocus rates BOM:513536 with a GF Score™ of 52/100 and a GF Value™ of ₹21.82 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 712 Oil & Gas companies, Gujarat Natural Resources ranks worse than 99.86% on this metric.

As of today (2026-08-31), Gujarat Natural Resources's current share price is ₹96.87. Gujarat Natural Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹2.11. Gujarat Natural Resources's Cyclically Adjusted PS Ratio for today is 45.91.

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

BOM:513536' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.85   Med: 5.35   Max: 52.8
Current: 45.84

During the past years, Gujarat Natural Resources's highest Cyclically Adjusted PS Ratio was 52.80. The lowest was 1.85. And the median was 5.35.

BOM:513536's Cyclically Adjusted PS Ratio is ranked worse than
99.86% of 712 companies
in the Oil & Gas industry
Industry Median: 1.04 vs BOM:513536: 45.84

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.

Gujarat Natural Resources's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹0.369. 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 ₹2.11 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gujarat Natural Resources  (BOM:513536) 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.


Gujarat Natural Resources Cyclically Adjusted PS Ratio Related Terms


Gujarat Natural Resources Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Gujarat Natural Resources'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.

Gujarat Natural Resources Cyclically Adjusted PS Ratio Chart

Gujarat Natural Resources 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 7.20 4.26 5.02 12.78 40.26

Gujarat Natural Resources 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 32.23 35.22 42.64 40.26 50.70

BOM:513536 vs COP, EOG, OXY: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas E&P subindustry, Gujarat Natural Resources'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.


Gujarat Natural Resources Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gujarat Natural Resources's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:513536
52GF Score
Gujarat Natural Resources Ltd BOM:513536
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gujarat Natural Resources 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.

Gujarat Natural Resources's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=96.87/2.11
=45.91

* 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.

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

For example, Gujarat Natural Resources'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)
=0.369/167.3573*167.3573
=0.369

Current CPI (Jun. 2026) = 167.3573.

Gujarat Natural Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.413 105.961 0.652
201612 0.420 105.196 0.668
201703 0.425 105.196 0.676
201706 0.344 107.109 0.537
201709 0.357 109.021 0.548
201712 0.450 109.404 0.688
201803 0.357 109.786 0.544
201806 0.439 111.317 0.660
201809 0.408 115.142 0.593
201812 0.407 115.142 0.592
201903 0.328 118.202 0.464
201906 0.329 120.880 0.455
201909 0.375 123.175 0.510
201912 0.444 126.235 0.589
202003 0.528 124.705 0.709
202006 0.231 127.000 0.304
202009 0.411 130.118 0.529
202012 0.230 130.889 0.294
202103 0.240 131.771 0.305
202106 0.246 134.084 0.307
202109 0.212 135.847 0.261
202112 0.147 138.161 0.178
202203 0.382 138.822 0.461
202206 0.365 142.347 0.429
202209 0.292 144.661 0.338
202212 0.322 145.763 0.370
202303 0.332 146.865 0.378
202306 0.601 150.280 0.669
202309 0.674 151.492 0.745
202312 0.827 152.924 0.905
202403 0.763 153.035 0.834
202406 0.803 155.789 0.863
202409 0.647 157.882 0.686
202412 0.338 158.323 0.357
202503 0.328 157.552 0.348
202506 0.261 159.755 0.273
202509 0.675 162.289 0.696
202512 0.572 163.281 0.586
202603 0.746 164.272 0.760
202606 0.369 167.357 0.369

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 45.91 mean?
Gujarat Natural Resources (BOM:513536) has a Cyclically Adjusted PS Ratio of 45.91 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 Gujarat Natural Resources and its competitors. This is 758% above median its historical median of 5.35. Over the past decade, Gujarat Natural Resources' Cyclically Adjusted PS Ratio has ranged from 1.85 to 52.80. According to the industry distribution chart, Gujarat Natural Resources ranks #711 out of 712 companies in the Oil & Gas industry, placing it in the top 99.9%.
Is Gujarat Natural Resources' Cyclically Adjusted PS Ratio too high?
Gujarat Natural Resources' current Cyclically Adjusted PS Ratio of 45.91 is 758% above median its 10-year median of 5.35. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 52.80. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.04. Gujarat Natural Resources' value of 45.91 is 4314.4% above this industry median. Based on the distribution chart, Gujarat Natural Resources ranks #711 out of 712 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Gujarat Natural Resources has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Natural Resources' Cyclically Adjusted PS Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Gujarat Natural Resources ranks #711 out of 712 companies for Cyclically Adjusted PS Ratio. This places Gujarat Natural Resources in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.04. Gujarat Natural Resources' value of 45.91 is 4314.4% above this benchmark. Historically, Gujarat Natural Resources' own Cyclically Adjusted PS Ratio has ranged from 1.85 to 52.80 over the past decade. While the company's 10-year median is 5.35 vs. the industry median of 1.04, Gujarat Natural Resources 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 an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.04, based on 712 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. Gujarat Natural Resources's current Cyclically Adjusted PS Ratio of 45.91 is 4314.4% 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 Gujarat Natural Resources and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat Natural Resources's current Cyclically Adjusted PS Ratio is 45.91, which is 758% above median its own 10-year median of 5.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Natural Resources stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Natural Resources (BOM:513536) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹21.82, compared to a current price of ₹96.87 — trading 344% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 45.91, which is 758% above median its 10-year median of 5.35 and 4314.4% above the Oil & Gas industry median of 1.04. Gujarat Natural Resources' overall GF Score™ is 52/100 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 Gujarat Natural Resources (BOM:513536), the current Cyclically Adjusted PS Ratio is 45.91 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 Gujarat Natural Resources (BOM:513536) Overvalued in 2026?

Based on GuruFocus' analysis, Gujarat Natural Resources stock appears to be overvalued. The current stock price of ₹96.87 is trading 344% above its estimated GF Value™ of ₹21.82. GuruFocus considers Gujarat Natural Resources to be Significantly Overvalued.

Key valuation signals for BOM:513536:

  • Cyclically Adjusted PS Ratio: 45.91 (758% above median its 10-year median of 5.35)
  • GF Value™: ₹21.82 vs. price of ₹96.87 (344% above fair value)
  • GF Score™: 52/100 with 2 warning signs
  • Industry Position: 4314.4% above the Oil & Gas median (#711 of 712)

No single metric tells the full story. See the BOM:513536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gujarat Natural Resources Business Description

Industry EnergyOil & Gas
Other Exchanges GNRL:India
Address ANAM-1, Near Parimal Garden, 906-910, 9th Floor, Ellisbridge, Ahmedabad, GJ, IND, 380006
Gujarat Natural Resources Ltd is an Indian company engaged in the business of oil and gas exploration and trading of goods and others. Ongoing projects of the company are Kanawara Field, Allora Field, Dholasan Field, North Kathana Field, Unawa Field, and North Balol. The company earns key revenue from the sale of oil and natural gas exploration.
52GF Score

Get the complete analysis for BOM:513536

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

₹96.87
Price
₹21.82
GF Value