TVS Holdings (BOM:520056) Cyclically Adjusted PS Ratio: 0.71 (As of Aug. 29, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:520056 TVS Holdings Ltd BOM:520056
86 GF Score
Price ₹13,453.15
GF Value ₹16,167.91
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is TVS Holdings Cyclically Adjusted PS Ratio?

TVS Holdings BOM:520056 +0.21% 86 Cyclically Adjusted PS Ratio is 0.71 as of Aug. 29, 2026, which is 8% below its 10-year median of 0.77. GuruFocus rates BOM:520056 with a GF Score™ of 86/100 and a GF Value™ of ₹16,167.91 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,038 Vehicles & Parts companies, TVS Holdings ranks better than 50% on this metric.

As of today (2026-08-29), TVS Holdings's current share price is ₹13453.15. TVS Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹18,921.03. TVS Holdings's Cyclically Adjusted PS Ratio for today is 0.71.

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

BOM:520056' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.77   Max: 0.9
Current: 0.71

During the past years, TVS Holdings's highest Cyclically Adjusted PS Ratio was 0.90. The lowest was 0.52. And the median was 0.77.

BOM:520056's Cyclically Adjusted PS Ratio is ranked better than
50% of 1038 companies
in the Vehicles & Parts industry
Industry Median: 0.74 vs BOM:520056: 0.71

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.

TVS Holdings's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹8,009.643. 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 ₹18,921.03 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TVS Holdings  (BOM:520056) 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.


TVS Holdings Cyclically Adjusted PS Ratio Related Terms


TVS Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for TVS Holdings'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.

TVS Holdings Cyclically Adjusted PS Ratio Chart

TVS Holdings 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 0.53 0.77

TVS Holdings 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 0.66 0.74 0.78 0.77 0.72

BOM:520056 vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, TVS Holdings'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.


TVS Holdings Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, TVS Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:520056
86GF Score
TVS Holdings Ltd BOM:520056
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TVS Holdings 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.

TVS Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13453.15/18921.03
=0.71

* 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.

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

For example, TVS Holdings'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)
=8009.643/167.3573*167.3573
=8,009.643

Current CPI (Jun. 2026) = 167.3573.

TVS Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
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 2,455.645 111.317 3,691.907
201809 2,878.955 115.142 4,184.525
201812 2,704.863 115.142 3,931.484
201903 2,608.600 118.202 3,693.405
201906 2,623.266 120.880 3,631.895
201909 2,580.569 123.175 3,506.207
201912 2,466.375 126.235 3,269.813
202003 2,159.792 124.705 2,898.494
202006 998.957 127.000 1,316.396
202009 2,700.465 130.118 3,473.331
202012 3,150.541 130.889 4,028.342
202103 3,200.989 131.771 4,065.469
202106 2,470.827 134.084 3,083.965
202109 3,361.271 135.847 4,140.932
202112 3,418.159 138.161 4,140.496
202203 3,415.851 138.822 4,117.996
202206 3,789.043 142.347 4,454.764
202209 4,429.669 144.661 5,124.650
202212 4,188.707 145.763 4,809.257
202303 3,785.815 146.865 4,314.067
202306 4,568.408 150.280 5,087.543
202309 5,058.755 151.492 5,588.543
202312 4,763.170 152.924 5,212.718
202403 4,740.740 153.035 5,184.435
202406 4,981.682 155.789 5,351.606
202409 5,489.971 157.882 5,819.445
202412 5,382.355 158.323 5,689.489
202503 5,601.567 157.552 5,950.194
202506 6,012.500 159.755 6,298.610
202509 6,906.638 162.289 7,122.324
202512 7,222.212 163.281 7,402.523
202603 7,365.747 164.272 7,504.070
202606 8,009.643 167.357 8,009.643

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 0.71 mean?
TVS Holdings (BOM:520056) has a Cyclically Adjusted PS Ratio of 0.71 as of Aug. 29, 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 TVS Holdings and its competitors. This is near median its historical median of 0.77. Over the past decade, TVS Holdings' Cyclically Adjusted PS Ratio has ranged from 0.52 to 0.90. According to the industry distribution chart, TVS Holdings ranks #519 out of 1038 companies in the Vehicles & Parts industry, placing it in the top 50%.
Is TVS Holdings' Cyclically Adjusted PS Ratio too high?
TVS Holdings' current Cyclically Adjusted PS Ratio of 0.71 is near median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 0.90. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.74. TVS Holdings' value of 0.71 is 4.1% below this industry median. Based on the distribution chart, TVS Holdings ranks #519 out of 1038 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, TVS Holdings has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TVS Holdings' Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, TVS Holdings ranks #519 out of 1038 companies for Cyclically Adjusted PS Ratio. This puts TVS Holdings in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.74. TVS Holdings' value of 0.71 is 4.1% below this benchmark. Historically, TVS Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.52 to 0.90 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 0.74, TVS Holdings 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.74, based on 1,038 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. TVS Holdings's current Cyclically Adjusted PS Ratio of 0.71 is 4.1% 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 TVS Holdings and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TVS Holdings's current Cyclically Adjusted PS Ratio is 0.71, which is near median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TVS Holdings stock overvalued right now?
Based on GuruFocus' analysis, TVS Holdings (BOM:520056) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹16,167.91, compared to a current price of ₹13,453.15 — trading 16.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.71, which is near median its 10-year median of 0.77 and 4.1% below the Vehicles & Parts industry median of 0.74. TVS Holdings' overall GF Score™ is 86/100 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 TVS Holdings (BOM:520056), the current Cyclically Adjusted PS Ratio is 0.71 as of Aug. 29, 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 TVS Holdings (BOM:520056) Overvalued in 2026?

Based on GuruFocus' analysis, TVS Holdings stock appears to be undervalued. The current stock price of ₹13,453.15 is trading 16.8% below its estimated GF Value™ of ₹16,167.91. GuruFocus considers TVS Holdings to be Modestly Undervalued.

Key valuation signals for BOM:520056:

  • Cyclically Adjusted PS Ratio: 0.71 (near median its 10-year median of 0.77)
  • GF Value™: ₹16,167.91 vs. price of ₹13,453.15 (16.8% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 4.1% below the Vehicles & Parts median (#519 of 1038)

No single metric tells the full story. See the BOM:520056 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TVS Holdings Business Description

Other Exchanges TVSHLTD:India
Address No. 12, Khader Nawaz Khan Road, Nungambakkam, Chennai, TN, IND, 600006
TVS Holdings Ltd is an auto component manufacturing company. It manufactures aluminum pressure die castings for heavy commercial vehicles, passenger cars, and two-wheelers. The product range includes flywheel housing, gear housing, clutch housing, filter heads, air connectors, lube oil cooler cover assembly, filtration module casting, turbochargers, and others. The company has the following reportable operating segments; Automotive components, Financial services, Automotive vehicles and parts, and others. Maximum revenue is generated from its Automotive vehicles and parts segment. Geographically, the company derives its key revenue from the domestic markets and the rest through exports.
86GF Score

Get the complete analysis for BOM:520056

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

₹13,453.15
Price
₹16,167.91
GF Value