IEL (BOM:524614) Cyclically Adjusted PS Ratio: 3.46 (As of Sep. 03, 2026) — Near Median

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BOM:524614 IEL Ltd BOM:524614
38 GF Score
Price ₹5.64
GF Value ₹0.44
Valuation Significantly Overvalued
! 5 Warning Signs
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What is IEL Cyclically Adjusted PS Ratio?

IEL BOM:524614 -0.17% 38 Cyclically Adjusted PS Ratio is 3.46 as of Sep. 03, 2026, which is 8% below its 10-year median of 3.76. GuruFocus rates BOM:524614 with a GF Score™ of 38/100 and a GF Value™ of ₹0.44 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,268 Chemicals companies, IEL ranks worse than 78.08% on this metric.

As of today (2026-09-03), IEL's current share price is ₹5.64. IEL's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹1.63. IEL's Cyclically Adjusted PS Ratio for today is 3.46.

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

BOM:524614' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 3.76   Max: 13.76
Current: 3.54

During the past years, IEL's highest Cyclically Adjusted PS Ratio was 13.76. The lowest was 0.08. And the median was 3.76.

BOM:524614's Cyclically Adjusted PS Ratio is ranked worse than
78.08% of 1268 companies
in the Chemicals industry
Industry Median: 1.34 vs BOM:524614: 3.54

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.

IEL's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹0.039. 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 ₹1.63 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


IEL  (BOM:524614) 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.


IEL Cyclically Adjusted PS Ratio Related Terms


IEL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for IEL'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.

IEL Cyclically Adjusted PS Ratio Chart

IEL 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 6.82 4.06 2.77 3.46

IEL 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 0.00 0.00 4.29 3.46 4.39

BOM:524614 vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, IEL'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.


IEL Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, IEL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:524614
38GF Score
IEL Ltd BOM:524614
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IEL 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.

IEL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.64/1.63
=3.46

* 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.

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

For example, IEL'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)
=0.039/167.3573*167.3573
=0.039

Current CPI (Jun. 2026) = 167.3573.

IEL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 0.000 105.196 0.000
201706 0.007 107.109 0.011
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 0.255 109.786 0.389
201806 0.231 111.317 0.347
201809 0.000 115.142 0.000
201812 0.245 115.142 0.356
201903 -0.029 118.202 -0.041
201906 0.010 120.880 0.014
201909 0.338 123.175 0.459
201912 0.254 126.235 0.337
202003 0.164 124.705 0.220
202006 0.108 127.000 0.142
202009 0.003 130.118 0.004
202012 0.110 130.889 0.141
202103 0.000 131.771 0.000
202106 0.066 134.084 0.082
202109 0.078 135.847 0.096
202112 0.000 138.161 0.000
202203 0.000 138.822 0.000
202206 0.043 142.347 0.051
202209 0.876 144.661 1.013
202212 1.313 145.763 1.508
202303 0.031 146.865 0.035
202306 0.360 150.280 0.401
202309 0.232 151.492 0.256
202312 1.212 152.924 1.326
202403 2.078 153.035 2.272
202406 1.595 155.789 1.713
202409 0.000 157.882 0.000
202412 0.121 158.323 0.128
202503 0.001 157.552 0.001
202506 0.000 159.755 0.000
202509 0.000 162.289 0.000
202512 0.042 163.281 0.043
202603 0.032 164.272 0.033
202606 0.039 167.357 0.039

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 3.46 mean?
IEL (BOM:524614) has a Cyclically Adjusted PS Ratio of 3.46 as of Sep. 03, 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 IEL and its competitors. This is near median its historical median of 3.76. Over the past decade, IEL's Cyclically Adjusted PS Ratio has ranged from 0.08 to 13.76. According to the industry distribution chart, IEL ranks #990 out of 1268 companies in the Chemicals industry, placing it in the top 78.1%.
Is IEL's Cyclically Adjusted PS Ratio too high?
IEL's current Cyclically Adjusted PS Ratio of 3.46 is near median its 10-year median of 3.76. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 13.76. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.34. IEL's value of 3.46 is 158.2% above this industry median. Based on the distribution chart, IEL ranks #990 out of 1268 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, IEL has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IEL's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, IEL ranks #990 out of 1268 companies for Cyclically Adjusted PS Ratio. This places IEL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. IEL's value of 3.46 is 158.2% above this benchmark. Historically, IEL's own Cyclically Adjusted PS Ratio has ranged from 0.08 to 13.76 over the past decade. While the company's 10-year median is 3.76 vs. the industry median of 1.34, IEL 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.34, based on 1,268 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. IEL's current Cyclically Adjusted PS Ratio of 3.46 is 158.2% 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 IEL and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IEL's current Cyclically Adjusted PS Ratio is 3.46, which is near median its own 10-year median of 3.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IEL stock overvalued right now?
Based on GuruFocus' analysis, IEL (BOM:524614) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.44, compared to a current price of ₹5.64 — trading 1181.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.46, which is near median its 10-year median of 3.76 and 158.2% above the Chemicals industry median of 1.34. IEL's overall GF Score™ is 38/100 with 5 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 IEL (BOM:524614), the current Cyclically Adjusted PS Ratio is 3.46 as of Sep. 03, 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 IEL (BOM:524614) Overvalued in 2026?

Based on GuruFocus' analysis, IEL stock appears to be overvalued. The current stock price of ₹5.64 is trading 1181.8% above its estimated GF Value™ of ₹0.44. GuruFocus considers IEL to be Significantly Overvalued.

Key valuation signals for BOM:524614:

  • Cyclically Adjusted PS Ratio: 3.46 (near median its 10-year median of 3.76)
  • GF Value™: ₹0.44 vs. price of ₹5.64 (1181.8% above fair value)
  • GF Score™: 38/100 with 5 warning signs
  • Industry Position: 158.2% above the Chemicals median (#990 of 1268)

No single metric tells the full story. See the BOM:524614 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IEL Business Description

Address Shed No. 15, Shyam Hari Industrial Estate, Phase 4, GIDC, Vatva, Ahmedabad, GJ, IND, 382445
IEL Ltd is in the business of manufacturing, trading and marketing of all kinds of chemicals, pharmaceuticals, drug intermediates, etc., as also into the business or trade or activities of providing services in the areas of warehousing, leasing, renting, hire-purchase, market support services, distributors, information technology consultancy or related products, health or medical services, business support services, advisory or research services in any field, industrial or project consultancy and outsourcing activities of any nature.
38GF Score

Get the complete analysis for BOM:524614

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

₹5.64
Price
₹0.44
GF Value