TCI Industries (BOM:532262) Cyclically Adjusted PS Ratio: 38.65 (As of Aug. 30, 2026) — 14% Above Median

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BOM:532262 TCI Industries Ltd BOM:532262
47 GF Score
Price ₹1,168.15
GF Value ₹3,352.80
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is TCI Industries Cyclically Adjusted PS Ratio?

TCI Industries BOM:532262 +0.45% 47 Cyclically Adjusted PS Ratio is 38.65 as of Aug. 30, 2026, which is 14% above its 10-year median of 34.01. GuruFocus rates BOM:532262 with a GF Score™ of 47/100 and a GF Value™ of ₹3,352.80 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,360 Real Estate companies, TCI Industries ranks worse than 99.12% on this metric.

As of today (2026-08-30), TCI Industries's current share price is ₹1168.15. TCI Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹30.22. TCI Industries's Cyclically Adjusted PS Ratio for today is 38.65.

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

BOM:532262' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.57   Med: 34.01   Max: 57.37
Current: 38.66

During the past years, TCI Industries's highest Cyclically Adjusted PS Ratio was 57.37. The lowest was 8.57. And the median was 34.01.

BOM:532262's Cyclically Adjusted PS Ratio is ranked worse than
99.12% of 1360 companies
in the Real Estate industry
Industry Median: 1.8 vs BOM:532262: 38.66

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.

TCI Industries's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹5.939. 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 ₹30.22 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TCI Industries  (BOM:532262) 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.


TCI Industries Cyclically Adjusted PS Ratio Related Terms


TCI Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for TCI 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.

TCI Industries Cyclically Adjusted PS Ratio Chart

TCI 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 30.46 26.16 47.84 42.47 43.69

TCI 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 40.64 53.93 47.21 43.69 43.78

BOM:532262 vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, TCI 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.


TCI Industries Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, TCI Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:532262
47GF Score
TCI Industries Ltd BOM:532262
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TCI 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1168.15/30.22
=38.65

* 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.

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

For example, TCI 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)
=5.939/167.3573*167.3573
=5.939

Current CPI (Jun. 2026) = 167.3573.

TCI Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.348 105.961 6.867
201612 1.530 105.196 2.434
201703 6.282 105.196 9.994
201706 3.785 107.109 5.914
201709 2.188 109.021 3.359
201712 4.629 109.404 7.081
201803 9.177 109.786 13.989
201806 4.089 111.317 6.148
201809 4.181 115.142 6.077
201812 6.591 115.142 9.580
201903 7.601 118.202 10.762
201906 0.000 120.880 0.000
201909 8.679 123.175 11.792
201912 8.738 126.235 11.584
202003 7.061 124.705 9.476
202006 0.000 127.000 0.000
202009 0.989 130.118 1.272
202012 2.805 130.889 3.587
202103 0.902 131.771 1.146
202106 0.000 134.084 0.000
202109 6.417 135.847 7.905
202112 3.318 138.161 4.019
202203 6.150 138.822 7.414
202206 4.515 142.347 5.308
202209 4.059 144.661 4.696
202212 2.804 145.763 3.219
202303 10.048 146.865 11.450
202306 3.418 150.280 3.806
202309 2.900 151.492 3.204
202312 3.846 152.924 4.209
202403 5.358 153.035 5.859
202406 3.983 155.789 4.279
202409 4.681 157.882 4.962
202412 10.656 158.323 11.264
202503 12.249 157.552 13.011
202506 5.482 159.755 5.743
202509 13.994 162.289 14.431
202512 17.244 163.281 17.675
202603 19.678 164.272 20.048
202606 5.939 167.357 5.939

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 38.65 mean?
TCI Industries (BOM:532262) has a Cyclically Adjusted PS Ratio of 38.65 as of Aug. 30, 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 TCI Industries and its competitors. This is 14% above median its historical median of 34.01. Over the past decade, TCI Industries' Cyclically Adjusted PS Ratio has ranged from 8.57 to 57.37. According to the industry distribution chart, TCI Industries ranks #1348 out of 1360 companies in the Real Estate industry, placing it in the top 99.1%.
Is TCI Industries' Cyclically Adjusted PS Ratio too high?
TCI Industries' current Cyclically Adjusted PS Ratio of 38.65 is 14% above median its 10-year median of 34.01. Over the past 10 years, this metric has ranged from a low of 8.57 to a high of 57.37. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.80. TCI Industries' value of 38.65 is 2047.2% above this industry median. Based on the distribution chart, TCI Industries ranks #1348 out of 1360 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, TCI Industries has a GF Score™ of 47/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TCI Industries' Cyclically Adjusted PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, TCI Industries ranks #1348 out of 1360 companies for Cyclically Adjusted PS Ratio. This places TCI Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.80. TCI Industries' value of 38.65 is 2047.2% above this benchmark. Historically, TCI Industries' own Cyclically Adjusted PS Ratio has ranged from 8.57 to 57.37 over the past decade. While the company's 10-year median is 34.01 vs. the industry median of 1.80, TCI Industries 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.80, based on 1,360 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. TCI Industries's current Cyclically Adjusted PS Ratio of 38.65 is 2047.2% 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 TCI Industries and its competitors. For the Real Estate 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. TCI Industries's current Cyclically Adjusted PS Ratio is 38.65, which is 14% above median its own 10-year median of 34.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCI Industries stock overvalued right now?
Based on GuruFocus' analysis, TCI Industries (BOM:532262) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹3,352.80, compared to a current price of ₹1,168.15 — trading 65.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 38.65, which is 14% above median its 10-year median of 34.01 and 2047.2% above the Real Estate industry median of 1.80. TCI Industries' overall GF Score™ is 47/100 with 1 warning sign 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 TCI Industries (BOM:532262), the current Cyclically Adjusted PS Ratio is 38.65 as of Aug. 30, 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 TCI Industries (BOM:532262) Overvalued in 2026?

Based on GuruFocus' analysis, TCI Industries stock appears to be undervalued. The current stock price of ₹1,168.15 is trading 65.2% below its estimated GF Value™ of ₹3,352.80. GuruFocus considers TCI Industries to be Significantly Undervalued.

Key valuation signals for BOM:532262:

  • Cyclically Adjusted PS Ratio: 38.65 (14% above median its 10-year median of 34.01)
  • GF Value™: ₹3,352.80 vs. price of ₹1,168.15 (65.2% below fair value)
  • GF Score™: 47/100 with 1 warning sign
  • Industry Position: 2047.2% above the Real Estate median (#1348 of 1360)

No single metric tells the full story. See the BOM:532262 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TCI Industries Business Description

Address N. A. Sawant Marg, Near Colaba Fire Brigade, Colaba, Mumbai, MH, IND, 400 005
TCI Industries Ltd is an India-based company engaged in providing space for film shooting, TV serials, advertisements, and other events. The company generates revenue from the rendering of services.
47GF Score

Get the complete analysis for BOM:532262

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

₹1,168.15
Price
₹3,352.80
GF Value