Shukra Jewellery (BOM:523790) Cyclically Adjusted PS Ratio: 0.60 (As of Aug. 29, 2026) — 36% Above Median

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BOM:523790 Shukra Jewellery Ltd BOM:523790
67 GF Score
Price ₹9.31
GF Value ₹11.80
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Shukra Jewellery Cyclically Adjusted PS Ratio?

Shukra Jewellery BOM:523790 -5.00% 67 Cyclically Adjusted PS Ratio is 0.60 as of Aug. 29, 2026, which is 36% above its 10-year median of 0.44. GuruFocus rates BOM:523790 with a GF Score™ of 67/100 and a GF Value™ of ₹11.80 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 803 Retail - Cyclical companies, Shukra Jewellery ranks worse than 56.79% on this metric.

As of today (2026-08-29), Shukra Jewellery's current share price is ₹9.31. Shukra Jewellery's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹15.42. Shukra Jewellery's Cyclically Adjusted PS Ratio for today is 0.60.

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

BOM:523790' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.44   Max: 0.89
Current: 0.6

During the past years, Shukra Jewellery's highest Cyclically Adjusted PS Ratio was 0.89. The lowest was 0.14. And the median was 0.44.

BOM:523790's Cyclically Adjusted PS Ratio is ranked worse than
56.79% of 803 companies
in the Retail - Cyclical industry
Industry Median: 0.51 vs BOM:523790: 0.60

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.

Shukra Jewellery's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹0.626. 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 ₹15.42 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shukra Jewellery  (BOM:523790) 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.


Shukra Jewellery Cyclically Adjusted PS Ratio Related Terms


Shukra Jewellery Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shukra Jewellery'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.

Shukra Jewellery Cyclically Adjusted PS Ratio Chart

Shukra Jewellery 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 0.14 0.33 0.77 0.44

Shukra Jewellery 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 0.47 0.48 0.52 0.44 0.65

BOM:523790 vs TPR: Cyclically Adjusted PS Ratio Comparison

For the Luxury Goods subindustry, Shukra Jewellery'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.


Shukra Jewellery Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shukra Jewellery's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:523790
67GF Score
Shukra Jewellery Ltd BOM:523790
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shukra Jewellery 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.

Shukra Jewellery's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.31/15.42
=0.60

* 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.

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

For example, Shukra Jewellery'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)
=0.626/167.3573*167.3573
=0.626

Current CPI (Jun. 2026) = 167.3573.

Shukra Jewellery Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 5.313 105.961 8.391
201612 3.849 105.196 6.123
201703 0.412 105.196 0.655
201706 1.389 107.109 2.170
201709 1.434 109.021 2.201
201712 1.335 109.404 2.042
201803 25.398 109.786 38.716
201806 2.465 111.317 3.706
201809 0.452 115.142 0.657
201812 0.634 115.142 0.922
201903 9.707 118.202 13.744
201906 3.250 120.880 4.500
201909 13.460 123.175 18.288
201912 3.483 126.235 4.618
202003 6.695 124.705 8.985
202006 0.203 127.000 0.268
202009 2.044 130.118 2.629
202012 1.372 130.889 1.754
202103 2.686 131.771 3.411
202106 0.294 134.084 0.367
202109 0.089 135.847 0.110
202112 0.089 138.161 0.108
202203 1.138 138.822 1.372
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 0.000 145.763 0.000
202303 1.212 146.865 1.381
202306 0.797 150.280 0.888
202309 0.390 151.492 0.431
202312 0.000 152.924 0.000
202403 1.972 153.035 2.157
202406 0.280 155.789 0.301
202409 1.487 157.882 1.576
202412 0.144 158.323 0.152
202503 1.699 157.552 1.805
202506 0.149 159.755 0.156
202509 0.802 162.289 0.827
202512 0.365 163.281 0.374
202603 2.325 164.272 2.369
202606 0.626 167.357 0.626

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 0.60 mean?
Shukra Jewellery (BOM:523790) has a Cyclically Adjusted PS Ratio of 0.60 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 Shukra Jewellery and its competitors. This is 36% above median its historical median of 0.44. Over the past decade, Shukra Jewellery's Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.89. According to the industry distribution chart, Shukra Jewellery ranks #456 out of 803 companies in the Retail - Cyclical industry, placing it in the top 56.8%.
Is Shukra Jewellery's Cyclically Adjusted PS Ratio too high?
Shukra Jewellery's current Cyclically Adjusted PS Ratio of 0.60 is 36% above median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.89. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.51. Shukra Jewellery's value of 0.60 is 17.6% above this industry median. Based on the distribution chart, Shukra Jewellery ranks #456 out of 803 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Shukra Jewellery has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shukra Jewellery's Cyclically Adjusted PS Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Shukra Jewellery ranks #456 out of 803 companies for Cyclically Adjusted PS Ratio. This places Shukra Jewellery in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.51. Shukra Jewellery's value of 0.60 is 17.6% above this benchmark. Historically, Shukra Jewellery's own Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.89 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 0.51, Shukra Jewellery 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.51, based on 803 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. Shukra Jewellery's current Cyclically Adjusted PS Ratio of 0.60 is 17.6% 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 Shukra Jewellery and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shukra Jewellery's current Cyclically Adjusted PS Ratio is 0.60, which is 36% above median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shukra Jewellery stock overvalued right now?
Based on GuruFocus' analysis, Shukra Jewellery (BOM:523790) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹11.80, compared to a current price of ₹9.31 — trading 21.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.60, which is 36% above median its 10-year median of 0.44 and 17.6% above the Retail - Cyclical industry median of 0.51. Shukra Jewellery's overall GF Score™ is 67/100 with 3 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 Shukra Jewellery (BOM:523790), the current Cyclically Adjusted PS Ratio is 0.60 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 Shukra Jewellery (BOM:523790) Overvalued in 2026?

Based on GuruFocus' analysis, Shukra Jewellery stock appears to be undervalued. The current stock price of ₹9.31 is trading 21.1% below its estimated GF Value™ of ₹11.80. GuruFocus considers Shukra Jewellery to be Modestly Undervalued.

Key valuation signals for BOM:523790:

  • Cyclically Adjusted PS Ratio: 0.60 (36% above median its 10-year median of 0.44)
  • GF Value™: ₹11.80 vs. price of ₹9.31 (21.1% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 17.6% above the Retail - Cyclical median (#456 of 803)

No single metric tells the full story. See the BOM:523790 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shukra Jewellery Business Description

Address S.G. Highway, Bodakdev, Panchdhara Complex, 3rd Floor, Near The Grand Bhagwati Hotel, Ahmedabad, GJ, IND, 380054
Shukra Jewellery Ltd is an India-based company engaged in the gems and jewellery business. It manufactures and sells gems, diamonds, plain and studded gold and silver jewellery. It also deals with the trading of cut, polished diamonds. In addition, the company is involved in the real estate and construction work business. The group markets polished diamonds and gold jewellery in both the Indian and international markets. It has two reportable segments: Diamonds and Gold Jewellery; and Real Estate Business. It generates the majority of its revenue from the Real Estate segment.
67GF Score

Get the complete analysis for BOM:523790

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

₹9.31
Price
₹11.80
GF Value