Devine Impex (BOM:531585) Cyclically Adjusted PS Ratio: 2.84 (As of Aug. 27, 2026) — 60% Above Median

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BOM:531585 Devine Impex Ltd BOM:531585
68 GF Score
Price ₹8.55
GF Value ₹8.42
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Devine Impex Cyclically Adjusted PS Ratio?

Devine Impex BOM:531585 68 Cyclically Adjusted PS Ratio is 2.84 as of Aug. 27, 2026, which is 60% above its 10-year median of 1.78. GuruFocus rates BOM:531585 with a GF Score™ of 68/100 and a GF Value™ of ₹8.42 (Fairly Valued). The stock has 2 warning signs investors should review. Among 802 Retail - Cyclical companies, Devine Impex ranks worse than 89.03% on this metric.

As of today (2026-08-27), Devine Impex's current share price is ₹8.55. Devine Impex's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹3.01. Devine Impex's Cyclically Adjusted PS Ratio for today is 2.84.

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

BOM:531585' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 1.78   Max: 3.85
Current: 2.84

During the past years, Devine Impex's highest Cyclically Adjusted PS Ratio was 3.85. The lowest was 0.21. And the median was 1.78.

BOM:531585's Cyclically Adjusted PS Ratio is ranked worse than
89.03% of 802 companies
in the Retail - Cyclical industry
Industry Median: 0.51 vs BOM:531585: 2.84

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.

Devine Impex's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹0.269. 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 ₹3.01 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Devine Impex  (BOM:531585) 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.


Devine Impex Cyclically Adjusted PS Ratio Related Terms


Devine Impex Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Devine Impex'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.

Devine Impex Cyclically Adjusted PS Ratio Chart

Devine Impex 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 1.18 1.05 1.91 2.40 2.58

Devine Impex 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 2.89 2.58 2.67 2.58 2.66

BOM:531585 vs TPR: Cyclically Adjusted PS Ratio Comparison

For the Luxury Goods subindustry, Devine Impex'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.


Devine Impex Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

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

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


BOM:531585
68GF Score
Devine Impex Ltd BOM:531585
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Devine Impex 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.

Devine Impex's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.55/3.01
=2.84

* 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.

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

For example, Devine Impex'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)
=0.269/167.3573*167.3573
=0.269

Current CPI (Jun. 2026) = 167.3573.

Devine Impex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.178 105.961 0.281
201609 0.565 105.961 0.892
201612 0.318 105.196 0.506
201703 2.660 105.196 4.232
201706 0.436 107.109 0.681
201709 0.269 109.021 0.413
201803 0.000 109.786 0.000
201806 1.232 111.317 1.852
201809 0.615 115.142 0.894
201812 0.747 115.142 1.086
201903 0.696 118.202 0.985
201906 0.779 120.880 1.079
201909 1.025 123.175 1.393
201912 0.879 126.235 1.165
202003 0.078 124.705 0.105
202006 0.404 127.000 0.532
202009 0.633 130.118 0.814
202012 0.469 130.889 0.600
202103 0.556 131.771 0.706
202106 0.584 134.084 0.729
202109 0.822 135.847 1.013
202112 0.120 138.161 0.145
202203 0.495 138.822 0.597
202206 0.104 142.347 0.122
202209 0.322 144.661 0.373
202212 0.444 145.763 0.510
202303 0.968 146.865 1.103
202306 0.165 150.280 0.184
202309 0.462 151.492 0.510
202312 0.272 152.924 0.298
202403 1.089 153.035 1.191
202406 0.265 155.789 0.285
202409 0.501 157.882 0.531
202412 0.409 158.323 0.432
202503 0.978 157.552 1.039
202506 0.108 159.755 0.113
202509 0.372 162.289 0.384
202512 0.497 163.281 0.509
202603 0.760 164.272 0.774
202606 0.269 167.357 0.269

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 2.84 mean?
Devine Impex (BOM:531585) has a Cyclically Adjusted PS Ratio of 2.84 as of Aug. 27, 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 Devine Impex and its competitors. This is 60% above median its historical median of 1.78. Over the past decade, Devine Impex's Cyclically Adjusted PS Ratio has ranged from 0.21 to 3.85. According to the industry distribution chart, Devine Impex ranks #714 out of 802 companies in the Retail - Cyclical industry, placing it in the top 89%.
Is Devine Impex's Cyclically Adjusted PS Ratio too high?
Devine Impex's current Cyclically Adjusted PS Ratio of 2.84 is 60% above median its 10-year median of 1.78. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 3.85. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.51. Devine Impex's value of 2.84 is 456.9% above this industry median. Based on the distribution chart, Devine Impex ranks #714 out of 802 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Devine Impex has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Devine Impex's Cyclically Adjusted PS Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Devine Impex ranks #714 out of 802 companies for Cyclically Adjusted PS Ratio. This places Devine Impex in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.51. Devine Impex's value of 2.84 is 456.9% above this benchmark. Historically, Devine Impex's own Cyclically Adjusted PS Ratio has ranged from 0.21 to 3.85 over the past decade. While the company's 10-year median is 1.78 vs. the industry median of 0.51, Devine Impex 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 802 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. Devine Impex's current Cyclically Adjusted PS Ratio of 2.84 is 456.9% 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 Devine Impex 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. Devine Impex's current Cyclically Adjusted PS Ratio is 2.84, which is 60% above median its own 10-year median of 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Devine Impex stock overvalued right now?
Based on GuruFocus' analysis, Devine Impex (BOM:531585) is currently considered Fairly Valued. The stock's GF Value™ is ₹8.42, compared to a current price of ₹8.55 — trading 1.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.84, which is 60% above median its 10-year median of 1.78 and 456.9% above the Retail - Cyclical industry median of 0.51. Devine Impex's overall GF Score™ is 68/100 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 Devine Impex (BOM:531585), the current Cyclically Adjusted PS Ratio is 2.84 as of Aug. 27, 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 Devine Impex (BOM:531585) Overvalued in 2026?

Based on GuruFocus' analysis, Devine Impex stock appears to be overvalued. The current stock price of ₹8.55 is trading 1.5% above its estimated GF Value™ of ₹8.42. GuruFocus considers Devine Impex to be Fairly Valued.

Key valuation signals for BOM:531585:

  • Cyclically Adjusted PS Ratio: 2.84 (60% above median its 10-year median of 1.78)
  • GF Value™: ₹8.42 vs. price of ₹8.55 (1.5% above fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 456.9% above the Retail - Cyclical median (#714 of 802)

No single metric tells the full story. See the BOM:531585 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Devine Impex Business Description

Address Industrial Focal Point, The Groove, C-157, 1st Floor, Phase VII, Mohali, PB, IND, 160059
Devine Impex Ltd is engaged in the business of trading bullion, jewelry, and ornaments.
68GF Score

Get the complete analysis for BOM:531585

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

₹8.55
Price
₹8.42
GF Value