Ganga Papers India (BOM:531813) Cyclically Adjusted PS Ratio: 0.44 (As of Aug. 31, 2026) — 14% Below Median

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BOM:531813 Ganga Papers India Ltd BOM:531813
68 GF Score
Price ₹100.00
GF Value ₹115.00
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Ganga Papers India Cyclically Adjusted PS Ratio?

Ganga Papers India BOM:531813 68 Cyclically Adjusted PS Ratio is 0.44 as of Aug. 31, 2026, which is 14% below its 10-year median of 0.51. GuruFocus rates BOM:531813 with a GF Score™ of 68/100 and a GF Value™ of ₹115.00 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 251 Forest Products companies, Ganga Papers India ranks better than 52.99% on this metric.

As of today (2026-08-31), Ganga Papers India's current share price is ₹100.00. Ganga Papers India's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹227.91. Ganga Papers India's Cyclically Adjusted PS Ratio for today is 0.44.

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

BOM:531813' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.51   Max: 0.95
Current: 0.44

During the past years, Ganga Papers India's highest Cyclically Adjusted PS Ratio was 0.95. The lowest was 0.29. And the median was 0.51.

BOM:531813's Cyclically Adjusted PS Ratio is ranked better than
52.99% of 251 companies
in the Forest Products industry
Industry Median: 0.48 vs BOM:531813: 0.44

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.

Ganga Papers India's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹79.271. 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 ₹227.91 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ganga Papers India  (BOM:531813) 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.


Ganga Papers India Cyclically Adjusted PS Ratio Related Terms


Ganga Papers India Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ganga Papers 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.

Ganga Papers India Cyclically Adjusted PS Ratio Chart

Ganga Papers 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 0.56 0.50 0.31

Ganga Papers 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 0.47 0.40 0.39 0.31 0.29

Ganga Papers India Cyclically Adjusted PS Ratio Competitor Comparison

For the Paper & Paper Products subindustry, Ganga Papers 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.


Ganga Papers India Cyclically Adjusted PS Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Ganga Papers India's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:531813
68GF Score
Ganga Papers India Ltd BOM:531813
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ganga Papers 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.

Ganga Papers India's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=100.00/227.91
=0.44

* 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.

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

For example, Ganga Papers 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)
=79.271/167.3573*167.3573
=79.271

Current CPI (Jun. 2026) = 167.3573.

Ganga Papers India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 18.661 105.961 29.474
201612 19.471 105.196 30.977
201703 21.055 105.196 33.497
201706 19.926 107.109 31.134
201709 23.566 109.021 36.176
201712 26.196 109.404 40.073
201803 24.499 109.786 37.346
201806 25.075 111.317 37.699
201809 31.610 115.142 45.945
201812 35.511 115.142 51.615
201903 31.185 118.202 44.154
201906 33.995 120.880 47.066
201909 28.222 123.175 38.345
201912 32.872 126.235 43.580
202003 33.109 124.705 44.433
202006 26.656 127.000 35.127
202009 32.034 130.118 41.202
202012 42.632 130.889 54.510
202103 62.101 131.771 78.872
202106 73.970 134.084 92.326
202109 45.316 135.847 55.827
202112 67.521 138.161 81.790
202203 68.247 138.822 82.276
202206 80.047 142.347 94.111
202209 66.049 144.661 76.412
202212 63.413 145.763 72.808
202303 61.577 146.865 70.169
202306 56.933 150.280 63.403
202309 52.506 151.492 58.005
202312 59.957 152.924 65.616
202403 54.287 153.035 59.368
202406 61.751 155.789 66.336
202409 53.238 157.882 56.433
202412 64.334 158.323 68.005
202503 59.516 157.552 63.220
202506 58.792 159.755 61.590
202509 64.661 162.289 66.680
202512 64.516 163.281 66.127
202603 76.639 164.272 78.078
202606 79.271 167.357 79.271

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 0.44 mean?
Ganga Papers India (BOM:531813) has a Cyclically Adjusted PS Ratio of 0.44 as of Aug. 31, 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 Ganga Papers India and its competitors. This is 14% below median its historical median of 0.51. Over the past decade, Ganga Papers India's Cyclically Adjusted PS Ratio has ranged from 0.29 to 0.95. According to the industry distribution chart, Ganga Papers India ranks #118 out of 251 companies in the Forest Products industry, placing it in the top 47%.
Is Ganga Papers India's Cyclically Adjusted PS Ratio too high?
Ganga Papers India's current Cyclically Adjusted PS Ratio of 0.44 is 14% below median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.95. The Forest Products industry median Cyclically Adjusted PS Ratio is 0.48. Ganga Papers India's value of 0.44 is 8.3% below this industry median. Based on the distribution chart, Ganga Papers India ranks #118 out of 251 companies in the Forest Products industry, which is above the industry midpoint. Overall, Ganga Papers India has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ganga Papers India's Cyclically Adjusted PS Ratio compare to competitors?
According to the Forest Products industry distribution chart, Ganga Papers India ranks #118 out of 251 companies for Cyclically Adjusted PS Ratio. This puts Ganga Papers India in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.48. Ganga Papers India's value of 0.44 is 8.3% below this benchmark. Historically, Ganga Papers India's own Cyclically Adjusted PS Ratio has ranged from 0.29 to 0.95 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 0.48, Ganga Papers 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 a Forest Products company?
The median Cyclically Adjusted PS Ratio among Forest Products companies is 0.48, based on 251 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. Ganga Papers India's current Cyclically Adjusted PS Ratio of 0.44 is 8.3% 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 Ganga Papers India and its competitors. For the Forest Products industry, the median Cyclically Adjusted PS Ratio is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ganga Papers India's current Cyclically Adjusted PS Ratio is 0.44, which is 14% below median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ganga Papers India stock overvalued right now?
Based on GuruFocus' analysis, Ganga Papers India (BOM:531813) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹115.00, compared to a current price of ₹100.00 — trading 13% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.44, which is 14% below median its 10-year median of 0.51 and 8.3% below the Forest Products industry median of 0.48. Ganga Papers India's overall GF Score™ is 68/100 with 5 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 Ganga Papers India (BOM:531813), the current Cyclically Adjusted PS Ratio is 0.44 as of Aug. 31, 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 Ganga Papers India (BOM:531813) Overvalued in 2026?

Based on GuruFocus' analysis, Ganga Papers India stock appears to be undervalued. The current stock price of ₹100.00 is trading 13% below its estimated GF Value™ of ₹115.00. GuruFocus considers Ganga Papers India to be Modestly Undervalued.

Key valuation signals for BOM:531813:

  • Cyclically Adjusted PS Ratio: 0.44 (14% below median its 10-year median of 0.51)
  • GF Value™: ₹115.00 vs. price of ₹100.00 (13% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 8.3% below the Forest Products median (#118 of 251)

No single metric tells the full story. See the BOM:531813 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ganga Papers India Business Description

Address Gat No. 241, Village Bebedohal, Taluka Maval, Pune, MH, IND, 410506
Ganga Papers India Ltd is an Indian company engaged in the manufacturing and sale of paper and paper products. It produces kraft paper, including fluting paper and test liner kraft, as well as newsprint, writing papers, and packaging paperboard products. The company also provides pulp products derived from recycled grades of waste paper, making its paper production eco-friendly. Its products are used for industrial, packaging, stationery, and textbook applications. Ganga Papers operates manufacturing facilities in Pune, Maharashtra, and its revenue is mainly generated from sales of its diversified paper products.
68GF Score

Get the complete analysis for BOM:531813

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

₹100.00
Price
₹115.00
GF Value