Sarup Industries (BOM:514412) Cyclically Adjusted PS Ratio: 1.41 (As of Sep. 08, 2026) — 404% Above Median

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BOM:514412 Sarup Industries Ltd BOM:514412
45 GF Score
Price ₹118.00
GF Value ₹89.63
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Sarup Industries Cyclically Adjusted PS Ratio?

Sarup Industries BOM:514412 45 Cyclically Adjusted PS Ratio is 1.41 as of Sep. 08, 2026, which is 404% above its 10-year median of 0.28. GuruFocus rates BOM:514412 with a GF Score™ of 45/100 and a GF Value™ of ₹89.63 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 884 Manufacturing - Apparel & Accessories companies, Sarup Industries ranks worse than 71.38% on this metric.

As of today (2026-09-08), Sarup Industries's current share price is ₹118.00. Sarup Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹83.86. Sarup Industries's Cyclically Adjusted PS Ratio for today is 1.41.

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

BOM:514412' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.28   Max: 2.21
Current: 1.41

During the past years, Sarup Industries's highest Cyclically Adjusted PS Ratio was 2.21. The lowest was 0.08. And the median was 0.28.

BOM:514412's Cyclically Adjusted PS Ratio is ranked worse than
71.38% of 884 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.66 vs BOM:514412: 1.41

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.

Sarup Industries's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹9.611. 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 ₹83.86 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sarup Industries  (BOM:514412) 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.


Sarup Industries Cyclically Adjusted PS Ratio Related Terms


Sarup Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sarup 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.

Sarup Industries Cyclically Adjusted PS Ratio Chart

Sarup 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 0.14 0.16 0.35 0.68 1.76

Sarup 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 0.88 0.95 1.74 1.76 1.66

BOM:514412 vs NKE, DECK, ONON: Cyclically Adjusted PS Ratio Comparison

For the Footwear & Accessories subindustry, Sarup 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.


Sarup Industries Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


BOM:514412
45GF Score
Sarup Industries Ltd BOM:514412
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sarup 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=118.00/83.86
=1.41

* 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.

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

For example, Sarup 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)
=9.611/167.3573*167.3573
=9.611

Current CPI (Jun. 2026) = 167.3573.

Sarup Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 43.225 105.961 68.271
201612 31.604 105.196 50.279
201703 40.278 105.196 64.079
201706 19.674 107.109 30.741
201709 53.332 109.021 81.869
201712 29.277 109.404 44.786
201803 33.781 109.786 51.495
201806 18.067 111.317 27.163
201809 20.431 115.142 29.696
201812 14.995 115.142 21.795
201903 7.634 118.202 10.809
201906 22.115 120.880 30.618
201909 16.610 123.175 22.568
201912 13.900 126.235 18.428
202003 12.269 124.705 16.465
202006 1.487 127.000 1.960
202009 2.687 130.118 3.456
202012 4.976 130.889 6.362
202103 21.474 131.771 27.273
202106 5.574 134.084 6.957
202109 10.468 135.847 12.896
202112 11.929 138.161 14.450
202203 9.383 138.822 11.312
202206 10.661 142.347 12.534
202209 4.413 144.661 5.105
202212 9.768 145.763 11.215
202303 3.345 146.865 3.812
202306 3.998 150.280 4.452
202309 5.019 151.492 5.545
202312 14.576 152.924 15.952
202403 11.761 153.035 12.862
202406 11.118 155.789 11.944
202409 8.720 157.882 9.243
202412 14.468 158.323 15.294
202503 14.940 157.552 15.870
202506 12.187 159.755 12.767
202509 13.224 162.289 13.637
202512 11.118 163.281 11.396
202603 13.418 164.272 13.670
202606 9.611 167.357 9.611

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 1.41 mean?
Sarup Industries (BOM:514412) has a Cyclically Adjusted PS Ratio of 1.41 as of Sep. 08, 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 Sarup Industries and its competitors. This is 404% above median its historical median of 0.28. Over the past decade, Sarup Industries' Cyclically Adjusted PS Ratio has ranged from 0.08 to 2.21. According to the industry distribution chart, Sarup Industries ranks #631 out of 884 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 71.4%.
Is Sarup Industries' Cyclically Adjusted PS Ratio too high?
Sarup Industries' current Cyclically Adjusted PS Ratio of 1.41 is 404% above median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 2.21. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.66. Sarup Industries' value of 1.41 is 113.6% above this industry median. Based on the distribution chart, Sarup Industries ranks #631 out of 884 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Sarup Industries has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sarup Industries' Cyclically Adjusted PS Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Sarup Industries ranks #631 out of 884 companies for Cyclically Adjusted PS Ratio. This places Sarup Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.66. Sarup Industries' value of 1.41 is 113.6% above this benchmark. Historically, Sarup Industries' own Cyclically Adjusted PS Ratio has ranged from 0.08 to 2.21 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.66, Sarup 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.66, based on 884 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. Sarup Industries's current Cyclically Adjusted PS Ratio of 1.41 is 113.6% 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 Sarup Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sarup Industries's current Cyclically Adjusted PS Ratio is 1.41, which is 404% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sarup Industries stock overvalued right now?
Based on GuruFocus' analysis, Sarup Industries (BOM:514412) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹89.63, compared to a current price of ₹118.00 — trading 31.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.41, which is 404% above median its 10-year median of 0.28 and 113.6% above the Manufacturing - Apparel & Accessories industry median of 0.66. Sarup Industries' overall GF Score™ is 45/100 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 Sarup Industries (BOM:514412), the current Cyclically Adjusted PS Ratio is 1.41 as of Sep. 08, 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 Sarup Industries (BOM:514412) Overvalued in 2026?

Based on GuruFocus' analysis, Sarup Industries stock appears to be overvalued. The current stock price of ₹118.00 is trading 31.7% above its estimated GF Value™ of ₹89.63. GuruFocus considers Sarup Industries to be Significantly Overvalued.

Key valuation signals for BOM:514412:

  • Cyclically Adjusted PS Ratio: 1.41 (404% above median its 10-year median of 0.28)
  • GF Value™: ₹89.63 vs. price of ₹118.00 (31.7% above fair value)
  • GF Score™: 45/100 with 6 warning signs
  • Industry Position: 113.6% above the Manufacturing - Apparel & Accessories median (#631 of 884)

No single metric tells the full story. See the BOM:514412 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sarup Industries Business Description

Address P O Ramdaspura, Jalandhar, PB, IND, 144003
Sarup Industries Ltd is an Indian firm engaged in the manufacture of footwear. The business operates in a single segment which is the manufacturing of shoe and shoe uppers. It is involved in the business of leather, tanneries, uppers, soles, and complete shoes. It offers various collections for men and women which includes JGM-131, JGM-133, JGM-138, JGM-139, etc. whereas women's collection includes JLL-101, JLL-102, JLL-105 etc.
45GF Score

Get the complete analysis for BOM:514412

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

₹118.00
Price
₹89.63
GF Value