Gorani Industries (BOM:531608) Cyclically Adjusted PS Ratio: 0.68 (As of Aug. 24, 2026) — 61% Below Median

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BOM:531608 Gorani Industries Ltd BOM:531608
62 GF Score
Price ₹43.30
GF Value ₹85.95
Valuation Possible Value Trap
! 8 Warning Signs
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What is Gorani Industries Cyclically Adjusted PS Ratio?

Gorani Industries BOM:531608 -1.93% 62 Cyclically Adjusted PS Ratio is 0.68 as of Aug. 24, 2026, which is 61% below its 10-year median of 1.75. GuruFocus rates BOM:531608 with a GF Score™ of 62/100 and a GF Value™ of ₹85.95 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 333 Furnishings, Fixtures & Appliances companies, Gorani Industries ranks better than 51.95% on this metric.

As of today (2026-08-24), Gorani Industries's current share price is ₹43.30. Gorani Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹63.30. Gorani Industries's Cyclically Adjusted PS Ratio for today is 0.68.

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

BOM:531608' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.75   Max: 3.68
Current: 0.68

During the past years, Gorani Industries's highest Cyclically Adjusted PS Ratio was 3.68. The lowest was 0.68. And the median was 1.75.

BOM:531608's Cyclically Adjusted PS Ratio is ranked better than
51.95% of 333 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.71 vs BOM:531608: 0.68

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.

Gorani Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹13.839. 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 ₹63.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gorani Industries  (BOM:531608) 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.


Gorani Industries Cyclically Adjusted PS Ratio Related Terms


Gorani Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Gorani 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.

Gorani Industries Cyclically Adjusted PS Ratio Chart

Gorani 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 0.00 0.00 2.31 1.54 0.70

Gorani Industries 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 1.54 1.21 1.24 1.00 0.70

BOM:531608 vs SN, SGI, MHK: Cyclically Adjusted PS Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Gorani 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.


Gorani Industries Cyclically Adjusted PS Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Gorani Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:531608
62GF Score
Gorani Industries Ltd BOM:531608
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gorani 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=43.30/63.30
=0.68

* 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.

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

For example, Gorani Industries'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)
=13.839/164.2724*164.2724
=13.839

Current CPI (Mar. 2026) = 164.2724.

Gorani Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.973 105.961 3.059
201609 2.499 105.961 3.874
201612 4.139 105.196 6.463
201703 4.734 105.196 7.393
201706 3.516 107.109 5.392
201709 10.906 109.021 16.433
201712 13.124 109.404 19.706
201803 9.350 109.786 13.990
201806 7.815 111.317 11.533
201809 9.034 115.142 12.889
201812 12.675 115.142 18.083
201903 8.632 118.202 11.996
201906 10.217 120.880 13.885
201909 11.746 123.175 15.665
201912 14.983 126.235 19.498
202003 7.051 124.705 9.288
202006 3.038 127.000 3.930
202009 11.916 130.118 15.044
202012 13.905 130.889 17.451
202103 8.707 131.771 10.855
202106 4.643 134.084 5.688
202109 17.344 135.847 20.973
202112 19.734 138.161 23.464
202203 16.526 138.822 19.556
202206 17.250 142.347 19.907
202209 23.381 144.661 26.551
202212 23.070 145.763 26.000
202303 14.850 146.865 16.610
202306 14.921 150.280 16.310
202309 22.261 151.492 24.139
202312 19.663 152.924 21.122
202403 21.627 153.035 23.215
202406 19.642 155.789 20.712
202409 22.962 157.882 23.891
202412 24.102 158.323 25.008
202503 13.459 157.552 14.033
202506 21.525 159.755 22.134
202509 15.954 162.289 16.149
202512 17.131 163.281 17.235
202603 13.839 164.272 13.839

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 0.68 mean?
Gorani Industries (BOM:531608) has a Cyclically Adjusted PS Ratio of 0.68 as of Aug. 24, 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 Gorani Industries and its competitors. This is 61% below median its historical median of 1.75. Over the past decade, Gorani Industries' Cyclically Adjusted PS Ratio has ranged from 0.68 to 3.68. According to the industry distribution chart, Gorani Industries ranks #160 out of 333 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 48%.
Is Gorani Industries' Cyclically Adjusted PS Ratio too high?
Gorani Industries' current Cyclically Adjusted PS Ratio of 0.68 is 61% below median its 10-year median of 1.75. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 3.68. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PS Ratio is 0.71. Gorani Industries' value of 0.68 is 4.2% below this industry median. Based on the distribution chart, Gorani Industries ranks #160 out of 333 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Gorani Industries has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gorani Industries' Cyclically Adjusted PS Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Gorani Industries ranks #160 out of 333 companies for Cyclically Adjusted PS Ratio. This puts Gorani Industries in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.71. Gorani Industries' value of 0.68 is 4.2% below this benchmark. Historically, Gorani Industries' own Cyclically Adjusted PS Ratio has ranged from 0.68 to 3.68 over the past decade. While the company's 10-year median is 1.75 vs. the industry median of 0.71, Gorani Industries 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 a Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PS Ratio among Furnishings, Fixtures & Appliances companies is 0.71, based on 333 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. Gorani Industries's current Cyclically Adjusted PS Ratio of 0.68 is 4.2% 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 Gorani Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PS Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gorani Industries's current Cyclically Adjusted PS Ratio is 0.68, which is 61% below median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gorani Industries stock overvalued right now?
Based on GuruFocus' analysis, Gorani Industries (BOM:531608) is currently considered Possible Value Trap. The stock's GF Value™ is ₹85.95, compared to a current price of ₹43.30 — trading 49.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.68, which is 61% below median its 10-year median of 1.75 and 4.2% below the Furnishings, Fixtures & Appliances industry median of 0.71. Gorani Industries' overall GF Score™ is 62/100 with 8 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 Gorani Industries (BOM:531608), the current Cyclically Adjusted PS Ratio is 0.68 as of Aug. 24, 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 Gorani Industries (BOM:531608) Overvalued in 2026?

Based on GuruFocus' analysis, Gorani Industries stock appears to be undervalued. The current stock price of ₹43.30 is trading 49.6% below its estimated GF Value™ of ₹85.95. GuruFocus considers Gorani Industries to be Possible Value Trap.

Key valuation signals for BOM:531608:

  • Cyclically Adjusted PS Ratio: 0.68 (61% below median its 10-year median of 1.75)
  • GF Value™: ₹85.95 vs. price of ₹43.30 (49.6% below fair value)
  • GF Score™: 62/100 with 8 warning signs
  • Industry Position: 4.2% below the Furnishings, Fixtures & Appliances median (#160 of 333)

No single metric tells the full story. See the BOM:531608 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gorani Industries Business Description

Address Sanwer Road, Industrial Area, Plot No. 32-33, Sector-F, Indore, MP, IND, 452 015
Gorani Industries Ltd specializes in manufacturing kitchen and domestic appliances, including kitchen chimneys, gas hobs, gas stoves, gas geysers, and water heaters. The company has a long-standing presence in the Indian market, beginning with the popular Nutan kerosene wick stove and expanding to modern, energy-efficient products. Based in Indore, it combines innovation, quality, and design to offer a broad range of appliances that prioritize safety and customer satisfaction. Gorani Industries serves customers prominently across Central, North, and South India, and many of its products carry Indian Standards Institute certifications. Revenue comes from domestic sales and exports of kitchen and home appliances.
62GF Score

Get the complete analysis for BOM:531608

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

₹43.30
Price
₹85.95
GF Value