Garnet Construction (BOM:526727) Cyclically Adjusted PS Ratio: 2.08 (As of Aug. 20, 2026) — 112% Above Median

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BOM:526727 Garnet Construction Ltd BOM:526727
58 GF Score
Price ₹52.78
! 2 Warning Signs
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What is Garnet Construction Cyclically Adjusted PS Ratio?

Garnet Construction BOM:526727 -7.09% 58 Cyclically Adjusted PS Ratio is 2.08 as of Aug. 20, 2026, which is 112% above its 10-year median of 0.98. GuruFocus rates BOM:526727 with a GF Score™ of 58/100. The stock has 2 warning signs investors should review. Among 1,368 Real Estate companies, Garnet Construction ranks worse than 56.65% on this metric.

As of today (2026-08-20), Garnet Construction's current share price is ₹52.78. Garnet Construction's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹25.35. Garnet Construction's Cyclically Adjusted PS Ratio for today is 2.08.

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

BOM:526727' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.98   Max: 3.93
Current: 2.28

During the past years, Garnet Construction's highest Cyclically Adjusted PS Ratio was 3.93. The lowest was 0.38. And the median was 0.98.

BOM:526727's Cyclically Adjusted PS Ratio is ranked worse than
56.65% of 1368 companies
in the Real Estate industry
Industry Median: 1.76 vs BOM:526727: 2.28

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.

Garnet Construction's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹7.462. 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 ₹25.35 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Garnet Construction  (BOM:526727) 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.


Garnet Construction Cyclically Adjusted PS Ratio Related Terms


Garnet Construction Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Garnet Construction'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.

Garnet Construction Cyclically Adjusted PS Ratio Chart

Garnet Construction 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 1.00 0.42 0.85 1.11 3.03

Garnet Construction Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.11 1.23 1.88 2.61 3.03

Garnet Construction Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, Garnet Construction'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.


Garnet Construction Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Garnet Construction's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:526727
58GF Score
Garnet Construction Ltd BOM:526727
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Garnet Construction 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.

Garnet Construction's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=52.78/25.35
=2.08

* 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.

Garnet Construction's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Garnet Construction's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=7.462/164.2724*164.2724
=7.462

Current CPI (Mar. 2026) = 164.2724.

Garnet Construction Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 5.093 99.841 8.380
201509 4.282 101.753 6.913
201512 6.123 102.901 9.775
201603 17.835 102.518 28.578
201606 2.190 105.961 3.395
201609 2.405 105.961 3.728
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 0.463 111.317 0.683
201809 1.256 115.142 1.792
201812 1.502 115.142 2.143
201903 1.906 118.202 2.649
201906 1.535 120.880 2.086
201909 4.976 123.175 6.636
201912 24.386 126.235 31.734
202003 18.439 124.705 24.289
202006 30.690 127.000 39.697
202009 6.177 130.118 7.798
202012 8.542 130.889 10.721
202103 2.702 131.771 3.368
202106 0.000 134.084 0.000
202109 0.000 135.847 0.000
202112 0.147 138.161 0.175
202203 3.868 138.822 4.577
202206 0.220 142.347 0.254
202209 0.369 144.661 0.419
202212 1.323 145.763 1.491
202303 -0.477 146.865 -0.534
202306 0.248 150.280 0.271
202309 0.824 151.492 0.894
202312 0.824 152.924 0.885
202403 6.934 153.035 7.443
202406 10.908 155.789 11.502
202409 0.570 157.882 0.593
202412 0.628 158.323 0.652
202503 -53.185 157.552 -55.454
202506 29.053 159.755 29.874
202509 11.713 162.289 11.856
202512 11.326 163.281 11.395
202603 7.462 164.272 7.462

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 2.08 mean?
Garnet Construction (BOM:526727) has a Cyclically Adjusted PS Ratio of 2.08 as of Aug. 20, 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 Garnet Construction and its competitors. This is 112% above median its historical median of 0.98. Over the past decade, Garnet Construction's Cyclically Adjusted PS Ratio has ranged from 0.38 to 3.93. According to the industry distribution chart, Garnet Construction ranks #775 out of 1368 companies in the Real Estate industry, placing it in the top 56.7%.
Is Garnet Construction's Cyclically Adjusted PS Ratio too high?
Garnet Construction's current Cyclically Adjusted PS Ratio of 2.08 is 112% above median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 3.93. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.76. Garnet Construction's value of 2.08 is 18.2% above this industry median. Based on the distribution chart, Garnet Construction ranks #775 out of 1368 companies in the Real Estate industry, which is below the industry midpoint. Overall, Garnet Construction has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Garnet Construction's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Garnet Construction ranks #775 out of 1368 companies for Cyclically Adjusted PS Ratio. This places Garnet Construction in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.76. Garnet Construction's value of 2.08 is 18.2% above this benchmark. Historically, Garnet Construction's own Cyclically Adjusted PS Ratio has ranged from 0.38 to 3.93 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 1.76, Garnet Construction 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.76, based on 1,368 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. Garnet Construction's current Cyclically Adjusted PS Ratio of 2.08 is 18.2% 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 Garnet Construction and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garnet Construction's current Cyclically Adjusted PS Ratio is 2.08, which is 112% above median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garnet Construction stock overvalued right now?
Garnet Construction (BOM:526727) has a current Cyclically Adjusted PS Ratio of 2.08. The current Cyclically Adjusted PS Ratio is 2.08, which is 112% above median its 10-year median of 0.98 and 18.2% above the Real Estate industry median of 1.76. Garnet Construction's overall GF Score™ is 58/100 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 Garnet Construction (BOM:526727), the current Cyclically Adjusted PS Ratio is 2.08 as of Aug. 20, 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.

Garnet Construction Business Description

Address New Link Road, 501/531, Laxmi Mall, Laxmi Industrial Estate, Andheri West, Mumbai, MH, IND, 400053
Garnet Construction Ltd is an India-based real estate development company. The company is principally engaged in the residential, commercial, retail and other projects, such as mass housing and cluster redevelopment. The residential projects of the company are Pyramid, Brillante, and Magic Hills; the commercial project is Garnet Palladium, and the industrial projects are Arkose Industrial Estate and Aditya Industrial Estate. It derives maximum revenue from the sale of land and plots. The group operates in India.
58GF Score

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

₹52.78
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