DCM Shriram Industries (BOM:523369) Cyclically Adjusted PS Ratio: 0.19 (As of Sep. 02, 2026) — 850% Above Median

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BOM:523369 DCM Shriram Industries Ltd BOM:523369
46 GF Score
Price ₹46.67
GF Value ₹4.36
Valuation Significantly Overvalued
! 7 Warning Signs
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What is DCM Shriram Industries Cyclically Adjusted PS Ratio?

DCM Shriram Industries BOM:523369 -3.73% 46 Cyclically Adjusted PS Ratio is 0.19 as of Sep. 02, 2026, which is 850% above its 10-year median of 0.02. GuruFocus rates BOM:523369 with a GF Score™ of 46/100 and a GF Value™ of ₹4.36 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,443 Consumer Packaged Goods companies, DCM Shriram Industries ranks better than 86.83% on this metric.

As of today (2026-09-02), DCM Shriram Industries's current share price is ₹46.67. DCM Shriram Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹251.09. DCM Shriram Industries's Cyclically Adjusted PS Ratio for today is 0.19.

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

BOM:523369' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.02   Max: 0.22
Current: 0.19

During the past years, DCM Shriram Industries's highest Cyclically Adjusted PS Ratio was 0.22. The lowest was 0.02. And the median was 0.02.

BOM:523369's Cyclically Adjusted PS Ratio is ranked better than
86.83% of 1443 companies
in the Consumer Packaged Goods industry
Industry Median: 0.77 vs BOM:523369: 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.

DCM Shriram Industries's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹34.012. 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 ₹251.09 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


DCM Shriram Industries  (BOM:523369) 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.


DCM Shriram Industries Cyclically Adjusted PS Ratio Related Terms


DCM Shriram Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for DCM Shriram 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.

DCM Shriram Industries Cyclically Adjusted PS Ratio Chart

DCM Shriram 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 0.00 0.00 0.02 0.02 0.14

DCM Shriram 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 0.02 0.02 0.24 0.14 0.15

BOM:523369 vs MDLZ, HSY, TR: Cyclically Adjusted PS Ratio Comparison

For the Confectioners subindustry, DCM Shriram 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.


DCM Shriram Industries Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, DCM Shriram Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:523369
46GF Score
DCM Shriram Industries Ltd BOM:523369
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DCM Shriram 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=46.67/251.09
=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.

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

For example, DCM Shriram 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)
=34.012/167.3573*167.3573
=34.012

Current CPI (Jun. 2026) = 167.3573.

DCM Shriram Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 34.647 83.774 69.215
201303 31.774 85.687 62.059
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 52.444 111.317 78.846
201809 46.950 115.142 68.241
201812 46.409 115.142 67.455
201903 41.605 118.202 58.907
201906 45.220 120.880 62.607
201909 40.238 123.175 54.671
201912 57.550 126.235 76.297
202003 49.629 124.705 66.603
202006 46.129 127.000 60.787
202009 59.485 130.118 76.509
202012 55.956 130.889 71.546
202103 56.007 131.771 71.133
202106 53.201 134.084 66.403
202109 55.139 135.847 67.929
202112 57.941 138.161 70.185
202203 74.500 138.822 89.814
202206 80.674 142.347 94.848
202209 62.249 144.661 72.015
202212 65.485 145.763 75.186
202303 60.751 146.865 69.228
202306 59.360 150.280 66.105
202309 65.930 151.492 72.835
202312 53.318 152.924 58.350
202403 57.762 153.035 63.168
202406 62.916 155.789 67.588
202409 60.432 157.882 64.059
202412 29.826 158.323 31.528
202503 27.804 157.552 29.534
202506 33.660 159.755 35.262
202509 60.258 162.289 62.140
202512 29.328 163.281 30.060
202603 31.281 164.272 31.868
202606 34.012 167.357 34.012

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?
DCM Shriram Industries (BOM:523369) has a Cyclically Adjusted PS Ratio of 0.19 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 DCM Shriram Industries and its competitors. This is 850% above median its historical median of 0.02. Over the past decade, DCM Shriram Industries' Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.22. According to the industry distribution chart, DCM Shriram Industries ranks #190 out of 1443 companies in the Consumer Packaged Goods industry, placing it in the top 13.2%.
Is DCM Shriram Industries' Cyclically Adjusted PS Ratio too high?
DCM Shriram Industries' current Cyclically Adjusted PS Ratio of 0.19 is 850% above median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.22. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.77. DCM Shriram Industries' value of 0.19 is 75.3% below this industry median. Based on the distribution chart, DCM Shriram Industries ranks #190 out of 1443 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, DCM Shriram Industries has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DCM Shriram Industries' Cyclically Adjusted PS Ratio compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, DCM Shriram Industries ranks #190 out of 1443 companies for Cyclically Adjusted PS Ratio. This places DCM Shriram Industries in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.77. DCM Shriram Industries' value of 0.19 is 75.3% below this benchmark. Historically, DCM Shriram Industries' own Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.22 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 0.77, DCM Shriram 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.77, based on 1,443 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. DCM Shriram Industries's current Cyclically Adjusted PS Ratio of 0.19 is 75.3% 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 DCM Shriram Industries and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DCM Shriram Industries's current Cyclically Adjusted PS Ratio is 0.19, which is 850% above median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DCM Shriram Industries stock overvalued right now?
Based on GuruFocus' analysis, DCM Shriram Industries (BOM:523369) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹4.36, compared to a current price of ₹46.67 — trading 970.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.19, which is 850% above median its 10-year median of 0.02 and 75.3% below the Consumer Packaged Goods industry median of 0.77. DCM Shriram Industries' overall GF Score™ is 46/100 with 7 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 DCM Shriram Industries (BOM:523369), the current Cyclically Adjusted PS Ratio is 0.19 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 DCM Shriram Industries (BOM:523369) Overvalued in 2026?

Based on GuruFocus' analysis, DCM Shriram Industries stock appears to be overvalued. The current stock price of ₹46.67 is trading 970.4% above its estimated GF Value™ of ₹4.36. GuruFocus considers DCM Shriram Industries to be Significantly Overvalued.

Key valuation signals for BOM:523369:

  • Cyclically Adjusted PS Ratio: 0.19 (850% above median its 10-year median of 0.02)
  • GF Value™: ₹4.36 vs. price of ₹46.67 (970.4% above fair value)
  • GF Score™: 46/100 with 7 warning signs
  • Industry Position: 75.3% below the Consumer Packaged Goods median (#190 of 1443)

No single metric tells the full story. See the BOM:523369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DCM Shriram Industries Business Description

Other Exchanges DCMSRIND:India
Address 18, Barakhamba Road, 5th Floor, Kanchenjunga Building, New Delhi, IND, 110001
DCM Shriram Industries Ltd is engaged in the production and sale of sugar, alcohol, power, chemicals, and industrial fibers. The group's reportable operating segments include Sugar, Industrial fibres and related products, and Chemicals. The majority of its revenue is generated from the Sugar segment, which comprises sugar, power, and alcohols. The Industrial fibers and related products segment comprises rayon, synthetic yarn, cord, fabric, and others, and the Chemicals segment comprises organics and fine chemicals. Geographically, the group derives a majority of its revenue from India and also has a presence in Europe, China, and the Rest of the World.
46GF Score

Get the complete analysis for BOM:523369

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

₹46.67
Price
₹4.36
GF Value