N R Agarwal Industries (BOM:516082) Cyclically Adjusted PS Ratio: 0.46 (As of Sep. 02, 2026) — 21% Above Median

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BOM:516082 N R Agarwal Industries Ltd BOM:516082
74 GF Score
Price ₹497.80
GF Value ₹578.67
Valuation Modestly Undervalued
! 8 Warning Signs
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What is N R Agarwal Industries Cyclically Adjusted PS Ratio?

N R Agarwal Industries BOM:516082 -2.09% 74 Cyclically Adjusted PS Ratio is 0.46 as of Sep. 02, 2026, which is 21% above its 10-year median of 0.38. GuruFocus rates BOM:516082 with a GF Score™ of 74/100 and a GF Value™ of ₹578.67 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 251 Forest Products companies, N R Agarwal Industries ranks better than 51.79% on this metric.

As of today (2026-09-02), N R Agarwal Industries's current share price is ₹497.80. N R Agarwal Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹1,077.18. N R Agarwal Industries's Cyclically Adjusted PS Ratio for today is 0.46.

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

BOM:516082' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.38   Max: 0.57
Current: 0.46

During the past years, N R Agarwal Industries's highest Cyclically Adjusted PS Ratio was 0.57. The lowest was 0.23. And the median was 0.38.

BOM:516082's Cyclically Adjusted PS Ratio is ranked better than
51.79% of 251 companies
in the Forest Products industry
Industry Median: 0.48 vs BOM:516082: 0.46

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.

N R Agarwal Industries's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹380.115. 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 ₹1,077.18 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


N R Agarwal Industries  (BOM:516082) 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.


N R Agarwal Industries Cyclically Adjusted PS Ratio Related Terms


N R Agarwal Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for N R Agarwal 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.

N R Agarwal Industries Cyclically Adjusted PS Ratio Chart

N R Agarwal 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 0.35 0.24 0.48 0.23 0.39

N R Agarwal 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 0.38 0.43 0.48 0.39 0.41

N R Agarwal Industries Cyclically Adjusted PS Ratio Competitor Comparison

For the Paper & Paper Products subindustry, N R Agarwal 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.


N R Agarwal Industries Cyclically Adjusted PS Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, N R Agarwal Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:516082
74GF Score
N R Agarwal Industries Ltd BOM:516082
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

N R Agarwal 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.

N R Agarwal Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=497.80/1077.18
=0.46

* 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.

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

For example, N R Agarwal 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)
=380.115/167.3573*167.3573
=380.115

Current CPI (Jun. 2026) = 167.3573.

N R Agarwal Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 143.851 105.961 227.201
201612 153.777 105.196 244.645
201703 165.817 105.196 263.800
201706 162.419 107.109 253.780
201709 159.631 109.021 245.047
201712 182.197 109.404 278.710
201803 194.799 109.786 296.950
201806 187.768 111.317 282.297
201809 187.836 115.142 273.017
201812 185.606 115.142 269.776
201903 206.584 118.202 292.493
201906 211.532 120.880 292.865
201909 201.495 123.175 273.770
201912 214.569 126.235 284.466
202003 192.058 124.705 257.747
202006 119.240 127.000 157.131
202009 159.730 130.118 205.444
202012 192.652 130.889 246.329
202103 191.272 131.771 242.928
202106 230.528 134.084 287.734
202109 224.695 135.847 276.814
202112 232.346 138.161 281.446
202203 252.885 138.822 304.867
202206 291.145 142.347 342.298
202209 296.095 144.661 342.550
202212 223.474 145.763 256.581
202303 214.357 146.865 244.267
202306 216.623 150.280 241.239
202309 200.784 151.492 221.812
202312 197.181 152.924 215.791
202403 139.283 153.035 152.319
202406 203.937 155.789 219.081
202409 251.663 157.882 266.766
202412 245.628 158.323 259.644
202503 273.865 157.552 290.910
202506 265.560 159.755 278.197
202509 309.639 162.289 319.309
202512 331.076 163.281 339.342
202603 355.611 164.272 362.289
202606 380.115 167.357 380.115

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 0.46 mean?
N R Agarwal Industries (BOM:516082) has a Cyclically Adjusted PS Ratio of 0.46 as of Sep. 02, 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 N R Agarwal Industries and its competitors. This is 21% above median its historical median of 0.38. Over the past decade, N R Agarwal Industries' Cyclically Adjusted PS Ratio has ranged from 0.23 to 0.57. According to the industry distribution chart, N R Agarwal Industries ranks #121 out of 251 companies in the Forest Products industry, placing it in the top 48.2%.
Is N R Agarwal Industries' Cyclically Adjusted PS Ratio too high?
N R Agarwal Industries' current Cyclically Adjusted PS Ratio of 0.46 is 21% above median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.57. The Forest Products industry median Cyclically Adjusted PS Ratio is 0.48. N R Agarwal Industries' value of 0.46 is 4.2% below this industry median. Based on the distribution chart, N R Agarwal Industries ranks #121 out of 251 companies in the Forest Products industry, which is above the industry midpoint. Overall, N R Agarwal Industries has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does N R Agarwal Industries' Cyclically Adjusted PS Ratio compare to competitors?
According to the Forest Products industry distribution chart, N R Agarwal Industries ranks #121 out of 251 companies for Cyclically Adjusted PS Ratio. This puts N R Agarwal Industries in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.48. N R Agarwal Industries' value of 0.46 is 4.2% below this benchmark. Historically, N R Agarwal Industries' own Cyclically Adjusted PS Ratio has ranged from 0.23 to 0.57 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 0.48, N R Agarwal Industries 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 Forest Products company?
The median Cyclically Adjusted PS Ratio among Forest Products companies is 0.48, based on 251 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. N R Agarwal Industries's current Cyclically Adjusted PS Ratio of 0.46 is 4.2% 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 N R Agarwal Industries and its competitors. For the Forest Products industry, the median Cyclically Adjusted PS Ratio is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. N R Agarwal Industries's current Cyclically Adjusted PS Ratio is 0.46, which is 21% above median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is N R Agarwal Industries stock overvalued right now?
Based on GuruFocus' analysis, N R Agarwal Industries (BOM:516082) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹578.67, compared to a current price of ₹497.80 — trading 14% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.46, which is 21% above median its 10-year median of 0.38 and 4.2% below the Forest Products industry median of 0.48. N R Agarwal Industries' overall GF Score™ is 74/100 with 8 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 N R Agarwal Industries (BOM:516082), the current Cyclically Adjusted PS Ratio is 0.46 as of Sep. 02, 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 N R Agarwal Industries (BOM:516082) Overvalued in 2026?

Based on GuruFocus' analysis, N R Agarwal Industries stock appears to be undervalued. The current stock price of ₹497.80 is trading 14% below its estimated GF Value™ of ₹578.67. GuruFocus considers N R Agarwal Industries to be Modestly Undervalued.

Key valuation signals for BOM:516082:

  • Cyclically Adjusted PS Ratio: 0.46 (21% above median its 10-year median of 0.38)
  • GF Value™: ₹578.67 vs. price of ₹497.80 (14% below fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 4.2% below the Forest Products median (#121 of 251)

No single metric tells the full story. See the BOM:516082 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


N R Agarwal Industries Business Description

Other Exchanges NRAIL:India
Address New Link Road, 502-A/501-B, Fortune Terraces, 5th Floor, Opposite City Mall, Andheri (West), Mumbai, MH, IND, 400053
N R Agarwal Industries Ltd is an India-based company, which is principally engaged in the manufacturing of quality finished paper and paper products. The products of the comany include duplex boards, copiers, newsprint, writing, and printing products. The company generates a majority of its revenue from the sale of paper-related products. Geographically, it derives maximum revenue domestically.
74GF Score

Get the complete analysis for BOM:516082

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

₹497.80
Price
₹578.67
GF Value