Arex Industries (BOM:526851) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:526851 Arex Industries Ltd BOM:526851
73 GF Score
Price ₹122.05
GF Value ₹166.26
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Arex Industries Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Arex Industries  (BOM:526851) 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.


Arex Industries Cyclically Adjusted PS Ratio Related Terms


Arex Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Arex 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.

Arex Industries Cyclically Adjusted PS Ratio Chart

Arex 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 1.28 0.63 1.07 1.13 0.69

Arex 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 1.11 1.10 0.99 0.69 0.79

Arex Industries Cyclically Adjusted PS Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Arex 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.


Arex Industries Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Arex Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:526851
73GF Score
Arex Industries Ltd BOM:526851
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Arex 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.

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

For example, Arex 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)
=39.693/167.3573*167.3573
=39.693

Current CPI (Jun. 2026) = 167.3573.

Arex Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 23.128 105.961 36.529
201609 22.416 105.961 35.404
201612 20.628 105.196 32.817
201703 22.079 105.196 35.126
201706 24.639 107.109 38.498
201709 21.217 109.021 32.570
201712 24.492 109.404 37.466
201803 24.779 109.786 37.773
201806 25.635 111.317 38.541
201809 24.776 115.142 36.012
201812 26.693 115.142 38.798
201903 25.756 118.202 36.467
201906 28.796 120.880 39.868
201912 31.972 126.235 42.387
202003 26.513 124.705 35.581
202006 13.967 127.000 18.405
202009 22.134 130.118 28.469
202012 30.239 130.889 38.664
202103 36.920 131.771 46.891
202106 33.685 134.084 42.044
202109 32.823 135.847 40.436
202112 36.262 138.161 43.925
202203 33.014 138.822 39.800
202206 30.330 142.347 35.659
202209 27.691 144.661 32.036
202212 28.258 145.763 32.444
202303 27.448 146.865 31.278
202306 29.504 150.280 32.857
202309 32.336 151.492 35.722
202312 32.977 152.924 36.089
202403 34.040 153.035 37.226
202406 32.762 155.789 35.195
202409 34.277 157.882 36.334
202412 36.682 158.323 38.775
202503 35.113 157.552 37.298
202506 31.309 159.755 32.799
202509 36.144 162.289 37.273
202512 36.087 163.281 36.988
202603 34.392 164.272 35.038
202606 39.693 167.357 39.693

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 Arex Industries (BOM:526851) Overvalued in 2026?

Based on GuruFocus' analysis, Arex Industries stock appears to be undervalued. The current stock price of ₹122.05 is trading 26.6% below its estimated GF Value™ of ₹166.26. GuruFocus considers Arex Industries to be Modestly Undervalued.

Key valuation signals for BOM:526851:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹166.26 vs. price of ₹122.05 (26.6% below fair value)
  • GF Score™: 73/100 with 2 warning signs

No single metric tells the full story. See the BOM:526851 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arex Industries Business Description

Address 612, G.I.D.C Industrial Estate, Chhatral, Taluka Kalol, Gandhinagar, GJ, IND, 382729
Arex Industries Ltd is an India-based company that is engaged in the manufacturing of textile materials. The firm engages in the manufacturing of woven and printed labels. Its product offerings include end fold, centerfold, miter fold, Manhattan fold, starched, laser cut, specially coated, self-adhesive, thermo adhesive, die cut, filled in, and comfort soft labels. The operating segment of the company is the Manufacturing and Sale of Labels.
73GF Score

Get the complete analysis for BOM:526851

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

₹122.05
Price
₹166.26
GF Value