Vardhman Polytex (BOM:514175) Cyclically Adjusted PS Ratio: 0.19 (As of Aug. 10, 2026) — 21% Below Median

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BOM:514175 Vardhman Polytex Ltd BOM:514175
46 GF Score
Price ₹6.42
GF Value ₹4.93
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Vardhman Polytex Cyclically Adjusted PS Ratio?

Vardhman Polytex BOM:514175 +7.00% 46 Cyclically Adjusted PS Ratio is 0.19 as of Aug. 10, 2026, which is 21% below its 10-year median of 0.24. GuruFocus rates BOM:514175 with a GF Score™ of 46/100 and a GF Value™ of ₹4.93 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 886 Manufacturing - Apparel & Accessories companies, Vardhman Polytex ranks better than 83.41% on this metric.

As of today (2026-08-10), Vardhman Polytex's current share price is ₹6.42. Vardhman Polytex's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹33.22. Vardhman Polytex's Cyclically Adjusted PS Ratio for today is 0.19.

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

BOM:514175' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.24   Max: 0.37
Current: 0.19

During the past years, Vardhman Polytex's highest Cyclically Adjusted PS Ratio was 0.37. The lowest was 0.16. And the median was 0.24.

BOM:514175's Cyclically Adjusted PS Ratio is ranked better than
83.41% of 886 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.64 vs BOM:514175: 0.19

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.

Vardhman Polytex's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹1.469. 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 ₹33.22 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vardhman Polytex  (BOM:514175) 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.


Vardhman Polytex Cyclically Adjusted PS Ratio Related Terms


Vardhman Polytex Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Vardhman Polytex'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.

Vardhman Polytex Cyclically Adjusted PS Ratio Chart

Vardhman Polytex 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 0.23 0.19

Vardhman Polytex 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 0.23 0.33 0.24 0.18 0.19

Vardhman Polytex Cyclically Adjusted PS Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Vardhman Polytex'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.


Vardhman Polytex Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vardhman Polytex's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:514175
46GF Score
Vardhman Polytex Ltd BOM:514175
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vardhman Polytex 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.

Vardhman Polytex's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.42/33.22
=0.19

* 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.

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

For example, Vardhman Polytex'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)
=1.469/164.2724*164.2724
=1.469

Current CPI (Mar. 2026) = 164.2724.

Vardhman Polytex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201209 10.318 82.244 20.609
201212 11.073 83.774 21.713
201303 20.467 85.687 39.238
201306 10.174 88.365 18.914
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 7.668 111.317 11.316
201812 8.021 115.142 11.444
201903 8.443 118.202 11.734
201906 8.092 120.880 10.997
201909 3.870 123.175 5.161
201912 4.862 126.235 6.327
202003 5.364 124.705 7.066
202006 1.693 127.000 2.190
202009 4.775 130.118 6.028
202012 5.978 130.889 7.503
202103 7.676 131.771 9.569
202106 7.556 134.084 9.257
202109 8.496 135.847 10.274
202112 9.656 138.161 11.481
202203 11.019 138.822 13.039
202206 10.228 142.347 11.803
202209 4.011 144.661 4.555
202212 3.679 145.763 4.146
202303 6.445 146.865 7.209
202306 5.363 150.280 5.862
202309 4.459 151.492 4.835
202312 1.966 152.924 2.112
202403 2.382 153.035 2.557
202406 2.322 155.789 2.448
202409 2.047 157.882 2.130
202412 2.129 158.323 2.209
202503 1.648 157.552 1.718
202506 1.224 159.755 1.259
202509 1.338 162.289 1.354
202512 1.103 163.281 1.110
202603 1.469 164.272 1.469

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 0.19 mean?
Vardhman Polytex (BOM:514175) has a Cyclically Adjusted PS Ratio of 0.19 as of Aug. 10, 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 Vardhman Polytex and its competitors. This is 21% below median its historical median of 0.24. Over the past decade, Vardhman Polytex's Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.37. According to the industry distribution chart, Vardhman Polytex ranks #147 out of 886 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 16.6%.
Is Vardhman Polytex's Cyclically Adjusted PS Ratio too high?
Vardhman Polytex's current Cyclically Adjusted PS Ratio of 0.19 is 21% below median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.37. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.64. Vardhman Polytex's value of 0.19 is 70.3% below this industry median. Based on the distribution chart, Vardhman Polytex ranks #147 out of 886 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Vardhman Polytex has a GF Score™ of 46/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vardhman Polytex's Cyclically Adjusted PS Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Vardhman Polytex ranks #147 out of 886 companies for Cyclically Adjusted PS Ratio. This places Vardhman Polytex in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.64. Vardhman Polytex's value of 0.19 is 70.3% below this benchmark. Historically, Vardhman Polytex's own Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.37 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.64, Vardhman Polytex 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.64, based on 886 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. Vardhman Polytex's current Cyclically Adjusted PS Ratio of 0.19 is 70.3% 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 Vardhman Polytex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vardhman Polytex's current Cyclically Adjusted PS Ratio is 0.19, which is 21% below median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vardhman Polytex stock overvalued right now?
Based on GuruFocus' analysis, Vardhman Polytex (BOM:514175) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹4.93, compared to a current price of ₹6.42 — trading 30.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.19, which is 21% below median its 10-year median of 0.24 and 70.3% below the Manufacturing - Apparel & Accessories industry median of 0.64. Vardhman Polytex's overall GF Score™ is 46/100 with 6 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 Vardhman Polytex (BOM:514175), the current Cyclically Adjusted PS Ratio is 0.19 as of Aug. 10, 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 Vardhman Polytex (BOM:514175) Overvalued in 2026?

Based on GuruFocus' analysis, Vardhman Polytex stock appears to be overvalued. The current stock price of ₹6.42 is trading 30.2% above its estimated GF Value™ of ₹4.93. GuruFocus considers Vardhman Polytex to be Modestly Overvalued.

Key valuation signals for BOM:514175:

  • Cyclically Adjusted PS Ratio: 0.19 (21% below median its 10-year median of 0.24)
  • GF Value™: ₹4.93 vs. price of ₹6.42 (30.2% above fair value)
  • GF Score™: 46/100 with 6 warning signs
  • Industry Position: 70.3% below the Manufacturing - Apparel & Accessories median (#147 of 886)

No single metric tells the full story. See the BOM:514175 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vardhman Polytex Business Description

Other Exchanges VARDMNPOLY:India
Address Chandigarh Road, Vardhman Park, Ludhiana, PB, IND, 141123
Vardhman Polytex Ltd is an Indian company operating in the Textile industry. The company is engaged in the manufacturing and export of cotton fabric and branded yarn. It is also engaged in the Real Estate business. It has production facilities located in Bathinda, Ludhiana, and Nalagarh in India. The Company's principal activity is the manufacturing of yarn & garments. Its product range includes yarns, fabrics, and garments including compact yarns, Organic Cotton Yarns, Dyed Yarns, polo t-shirts, round neck t-shirts, hoodies, and sweatshirts for men, women, and kids. It generates the majority of the revenue from the Textile Business. Geographically it covers the Indian and International Market.
46GF Score

Get the complete analysis for BOM:514175

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

₹6.42
Price
₹4.93
GF Value