Shivagrico Implements (BOM:522237) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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BOM:522237 Shivagrico Implements Ltd BOM:522237
64 GF Score
Price ₹22.52
GF Value ₹28.55
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Shivagrico Implements Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shivagrico Implements  (BOM:522237) 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.


Shivagrico Implements Cyclically Adjusted PS Ratio Related Terms


Shivagrico Implements Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shivagrico Implements'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.

Shivagrico Implements Cyclically Adjusted PS Ratio Chart

Shivagrico Implements 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 0.23 0.25 0.39 0.43 0.23

Shivagrico Implements 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 0.33 0.28 0.30 0.23 0.27

BOM:522237 vs SNA, RBC, LECO: Cyclically Adjusted PS Ratio Comparison

For the Tools & Accessories subindustry, Shivagrico Implements'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.


Shivagrico Implements Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shivagrico Implements's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:522237
64GF Score
Shivagrico Implements Ltd BOM:522237
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shivagrico Implements 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.

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

For example, Shivagrico Implements'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)
=23.385/167.3573*167.3573
=23.385

Current CPI (Jun. 2026) = 167.3573.

Shivagrico Implements Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 10.434 105.961 16.480
201612 10.442 105.196 16.612
201703 13.179 105.196 20.967
201706 10.930 107.109 17.078
201709 8.583 109.021 13.176
201712 13.296 109.404 20.339
201803 10.961 109.786 16.709
201806 11.540 111.317 17.350
201809 12.702 115.142 18.462
201812 13.318 115.142 19.358
201903 13.678 118.202 19.366
201906 11.800 120.880 16.337
201909 11.605 123.175 15.768
201912 15.381 126.235 20.391
202003 11.878 124.705 15.941
202006 11.131 127.000 14.668
202009 20.273 130.118 26.075
202012 21.572 130.889 27.582
202103 23.377 131.771 29.690
202106 18.838 134.084 23.513
202109 33.386 135.847 41.130
202112 22.994 138.161 27.853
202203 22.252 138.822 26.826
202206 22.579 142.347 26.546
202209 19.910 144.661 23.034
202212 23.054 145.763 26.469
202303 18.090 146.865 20.614
202306 19.476 150.280 21.689
202309 22.973 151.492 25.379
202312 21.044 152.924 23.030
202403 23.476 153.035 25.673
202406 16.117 155.789 17.314
202409 21.814 157.882 23.123
202412 24.019 158.323 25.390
202503 24.822 157.552 26.367
202506 23.508 159.755 24.627
202509 22.274 162.289 22.970
202512 24.936 163.281 25.559
202603 24.145 164.272 24.598
202606 23.385 167.357 23.385

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.

Is Shivagrico Implements (BOM:522237) Overvalued in 2026?

Based on GuruFocus' analysis, Shivagrico Implements stock appears to be undervalued. The current stock price of ₹22.52 is trading 21.1% below its estimated GF Value™ of ₹28.55. GuruFocus considers Shivagrico Implements to be Modestly Undervalued.

Key valuation signals for BOM:522237:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹28.55 vs. price of ₹22.52 (21.1% below fair value)
  • GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the BOM:522237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shivagrico Implements Business Description

Address 281, Tardeo Road, A-1, Ground Floor, Adinath Apartments, Mumbai, MH, IND, 400 007
Shivagrico Implements Ltd mainly deals in the rolling and forging of agricultural implements and other products. Its product portfolio comprises hot-rolled flats, bars, rounds, angles, and more, for both market sales as well as for captive self-consumption. In addition, it offers various hand tools and implements such as pickaxes of different types, crowbars, digging bars, hoes, pick mattocks, etc. The company is engaged in a single operating segment, the Rolling and Forging division. Geographically, the company derives maximum revenue from its business in India, and also has some exposure to overseas markets.
64GF Score

Get the complete analysis for BOM:522237

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

₹22.52
Price
₹28.55
GF Value