Eveready Industries India (BOM:531508) Cyclically Adjusted PS Ratio: 1.57 (As of Aug. 25, 2026) — Near Median

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BOM:531508 Eveready Industries India Ltd BOM:531508
69 GF Score
Price ₹350.50
GF Value ₹391.28
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Eveready Industries India Cyclically Adjusted PS Ratio?

Eveready Industries India BOM:531508 +0.55% 69 Cyclically Adjusted PS Ratio is 1.57 as of Aug. 25, 2026, which is 1% below its 10-year median of 1.58. GuruFocus rates BOM:531508 with a GF Score™ of 69/100 and a GF Value™ of ₹391.28 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,283 Industrial Products companies, Eveready Industries India ranks better than 53.66% on this metric.

As of today (2026-08-25), Eveready Industries India's current share price is ₹350.50. Eveready Industries India's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹223.59. Eveready Industries India's Cyclically Adjusted PS Ratio for today is 1.57.

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

BOM:531508' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.21   Med: 1.58   Max: 2.19
Current: 1.56

During the past years, Eveready Industries India's highest Cyclically Adjusted PS Ratio was 2.19. The lowest was 1.21. And the median was 1.58.

BOM:531508's Cyclically Adjusted PS Ratio is ranked better than
53.66% of 2283 companies
in the Industrial Products industry
Industry Median: 1.8 vs BOM:531508: 1.56

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.

Eveready Industries India's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹56.133. 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 ₹223.59 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eveready Industries India  (BOM:531508) 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.


Eveready Industries India Cyclically Adjusted PS Ratio Related Terms


Eveready Industries India Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Eveready Industries India'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.

Eveready Industries India Cyclically Adjusted PS Ratio Chart

Eveready Industries India 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 1.54 1.38 1.19

Eveready Industries India 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 1.42 1.68 1.47 1.19 1.64

BOM:531508 vs VRT, BE: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Eveready Industries India'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.


Eveready Industries India Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eveready Industries India's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:531508
69GF Score
Eveready Industries India Ltd BOM:531508
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eveready Industries India 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.

Eveready Industries India's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=350.50/223.59
=1.57

* 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.

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

For example, Eveready Industries India'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)
=56.133/167.3573*167.3573
=56.133

Current CPI (Jun. 2026) = 167.3573.

Eveready Industries India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 31.339 85.687 61.209
201312 40.803 91.425 74.692
201403 35.416 91.425 64.831
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 52.667 111.317 79.181
201809 52.805 115.142 76.751
201812 56.154 115.142 81.619
201903 43.559 118.202 61.673
201906 45.537 120.880 63.046
201909 47.897 123.175 65.077
201912 43.665 126.235 57.889
202003 29.079 124.705 39.025
202006 36.266 127.000 47.790
202009 51.249 130.118 65.916
202012 46.788 130.889 59.824
202103 35.874 131.771 45.562
202106 38.861 134.084 48.504
202109 49.178 135.847 60.585
202112 44.808 138.161 54.277
202203 31.751 138.822 38.278
202206 46.201 142.347 54.318
202209 51.783 144.661 59.907
202212 45.556 145.763 52.305
202303 38.348 146.865 43.699
202306 50.017 150.280 55.701
202309 50.201 151.492 55.458
202312 42.057 152.924 46.026
202403 36.710 153.035 40.146
202406 48.074 155.789 51.644
202409 49.926 157.882 52.922
202412 45.824 158.323 48.439
202503 41.039 157.552 43.593
202506 51.486 159.755 53.936
202509 53.298 162.289 54.962
202512 50.280 163.281 51.535
202603 45.013 164.272 45.858
202606 56.133 167.357 56.133

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 1.57 mean?
Eveready Industries India (BOM:531508) has a Cyclically Adjusted PS Ratio of 1.57 as of Aug. 25, 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 Eveready Industries India and its competitors. This is near median its historical median of 1.58. Over the past decade, Eveready Industries India's Cyclically Adjusted PS Ratio has ranged from 1.21 to 2.19. According to the industry distribution chart, Eveready Industries India ranks #1058 out of 2283 companies in the Industrial Products industry, placing it in the top 46.3%.
Is Eveready Industries India's Cyclically Adjusted PS Ratio too high?
Eveready Industries India's current Cyclically Adjusted PS Ratio of 1.57 is near median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 2.19. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.80. Eveready Industries India's value of 1.57 is 12.8% below this industry median. Based on the distribution chart, Eveready Industries India ranks #1058 out of 2283 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Eveready Industries India has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eveready Industries India's Cyclically Adjusted PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Eveready Industries India ranks #1058 out of 2283 companies for Cyclically Adjusted PS Ratio. This puts Eveready Industries India in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.80. Eveready Industries India's value of 1.57 is 12.8% below this benchmark. Historically, Eveready Industries India's own Cyclically Adjusted PS Ratio has ranged from 1.21 to 2.19 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 1.80, Eveready Industries India 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.80, based on 2,283 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. Eveready Industries India's current Cyclically Adjusted PS Ratio of 1.57 is 12.8% 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 Eveready Industries India and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eveready Industries India's current Cyclically Adjusted PS Ratio is 1.57, which is near median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eveready Industries India stock overvalued right now?
Based on GuruFocus' analysis, Eveready Industries India (BOM:531508) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹391.28, compared to a current price of ₹350.50 — trading 10.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.57, which is near median its 10-year median of 1.58 and 12.8% below the Industrial Products industry median of 1.80. Eveready Industries India's overall GF Score™ is 69/100 with 4 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 Eveready Industries India (BOM:531508), the current Cyclically Adjusted PS Ratio is 1.57 as of Aug. 25, 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 Eveready Industries India (BOM:531508) Overvalued in 2026?

Based on GuruFocus' analysis, Eveready Industries India stock appears to be undervalued. The current stock price of ₹350.50 is trading 10.4% below its estimated GF Value™ of ₹391.28. GuruFocus considers Eveready Industries India to be Modestly Undervalued.

Key valuation signals for BOM:531508:

  • Cyclically Adjusted PS Ratio: 1.57 (near median its 10-year median of 1.58)
  • GF Value™: ₹391.28 vs. price of ₹350.50 (10.4% below fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 12.8% below the Industrial Products median (#1058 of 2283)

No single metric tells the full story. See the BOM:531508 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eveready Industries India Business Description

Other Exchanges EVEREADY:India
Address 2 Rainey Park, Kolkata, WB, IND, 700019
Eveready Industries India Ltd is engaged in the business of manufacturing and marketing dry cell batteries, rechargeable batteries, flashlights, and lighting products, which come under a single business segment known as Consumer Goods. It manufactures and markets dry cell and rechargeable batteries, flashlights, lanterns, packet tea, LED bulbs and luminaries, devices like mobile power banks, rechargeable fans, radio, and small home appliances, among others. The firm markets these products under Eveready, Powercell, Uniross, and Shakti brands. Geographically, the company generates maximum revenue from India and also exports its products to other markets.
69GF Score

Get the complete analysis for BOM:531508

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

₹350.50
Price
₹391.28
GF Value