Nitco (BOM:532722) Cyclically Adjusted PS Ratio: 1.15 (As of Aug. 29, 2026) — 14% Above Median

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BOM:532722 Nitco Ltd BOM:532722
32 GF Score
Price ₹95.50
GF Value ₹61.47
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Nitco Cyclically Adjusted PS Ratio?

Nitco BOM:532722 -1.70% 32 Cyclically Adjusted PS Ratio is 1.15 as of Aug. 29, 2026, which is 14% above its 10-year median of 1.01. GuruFocus rates BOM:532722 with a GF Score™ of 32/100 and a GF Value™ of ₹61.47 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,367 Construction companies, Nitco ranks worse than 64.81% on this metric.

As of today (2026-08-29), Nitco's current share price is ₹95.50. Nitco's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹83.05. Nitco's Cyclically Adjusted PS Ratio for today is 1.15.

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

BOM:532722' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.01   Max: 1.4
Current: 1.15

During the past years, Nitco's highest Cyclically Adjusted PS Ratio was 1.40. The lowest was 0.59. And the median was 1.01.

BOM:532722's Cyclically Adjusted PS Ratio is ranked worse than
64.81% of 1367 companies
in the Construction industry
Industry Median: 0.7 vs BOM:532722: 1.15

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.

Nitco's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹4.803. 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 ₹83.05 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nitco  (BOM:532722) 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.


Nitco Cyclically Adjusted PS Ratio Related Terms


Nitco Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nitco'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.

Nitco Cyclically Adjusted PS Ratio Chart

Nitco 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 0.00 1.04 1.02

Nitco 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 1.33 1.05 0.91 1.02 1.30

BOM:532722 vs TT, JCI, CARR: Cyclically Adjusted PS Ratio Comparison

For the Building Products & Equipment subindustry, Nitco'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.


Nitco Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Nitco's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:532722
32GF Score
Nitco Ltd BOM:532722
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nitco 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.

Nitco's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=95.50/83.05
=1.15

* 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.

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

For example, Nitco'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)
=4.803/167.3573*167.3573
=4.803

Current CPI (Jun. 2026) = 167.3573.

Nitco Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 55.156 83.774 110.186
201303 56.712 85.687 110.766
201403 0.000 91.425 0.000
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 14.756 111.317 22.185
201809 18.708 115.142 27.192
201812 23.300 115.142 33.866
201903 23.002 118.202 32.568
201906 19.356 120.880 26.798
201909 17.722 123.175 24.079
201912 15.898 126.235 21.077
202003 10.815 124.705 14.514
202006 3.274 127.000 4.314
202009 10.669 130.118 13.722
202012 14.902 130.889 19.054
202103 16.332 131.771 20.743
202106 11.228 134.084 14.014
202109 12.350 135.847 15.215
202112 16.188 138.161 19.609
202203 16.682 138.822 20.111
202206 12.543 142.347 14.747
202209 10.147 144.661 11.739
202212 15.610 145.763 17.923
202303 14.644 146.865 16.687
202306 12.766 150.280 14.217
202309 11.122 151.492 12.287
202312 11.485 152.924 12.569
202403 9.541 153.035 10.434
202406 9.700 155.789 10.420
202409 9.170 157.882 9.720
202412 11.724 158.323 12.393
202503 5.224 157.552 5.549
202506 5.888 159.755 6.168
202509 4.255 162.289 4.388
202512 5.693 163.281 5.835
202603 6.647 164.272 6.772
202606 4.803 167.357 4.803

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 1.15 mean?
Nitco (BOM:532722) has a Cyclically Adjusted PS Ratio of 1.15 as of Aug. 29, 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 Nitco and its competitors. This is 14% above median its historical median of 1.01. Over the past decade, Nitco's Cyclically Adjusted PS Ratio has ranged from 0.59 to 1.40. According to the industry distribution chart, Nitco ranks #886 out of 1367 companies in the Construction industry, placing it in the top 64.8%.
Is Nitco's Cyclically Adjusted PS Ratio too high?
Nitco's current Cyclically Adjusted PS Ratio of 1.15 is 14% above median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 1.40. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Nitco's value of 1.15 is 64.3% above this industry median. Based on the distribution chart, Nitco ranks #886 out of 1367 companies in the Construction industry, which is below the industry midpoint. Overall, Nitco has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitco's Cyclically Adjusted PS Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Nitco ranks #886 out of 1367 companies for Cyclically Adjusted PS Ratio. This places Nitco in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Nitco's value of 1.15 is 64.3% above this benchmark. Historically, Nitco's own Cyclically Adjusted PS Ratio has ranged from 0.59 to 1.40 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 0.70, Nitco 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,367 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. Nitco's current Cyclically Adjusted PS Ratio of 1.15 is 64.3% 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 Nitco and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitco's current Cyclically Adjusted PS Ratio is 1.15, which is 14% above median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitco stock overvalued right now?
Based on GuruFocus' analysis, Nitco (BOM:532722) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹61.47, compared to a current price of ₹95.50 — trading 55.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.15, which is 14% above median its 10-year median of 1.01 and 64.3% above the Construction industry median of 0.70. Nitco's overall GF Score™ is 32/100 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 Nitco (BOM:532722), the current Cyclically Adjusted PS Ratio is 1.15 as of Aug. 29, 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 Nitco (BOM:532722) Overvalued in 2026?

Based on GuruFocus' analysis, Nitco stock appears to be overvalued. The current stock price of ₹95.50 is trading 55.4% above its estimated GF Value™ of ₹61.47. GuruFocus considers Nitco to be Significantly Overvalued.

Key valuation signals for BOM:532722:

  • Cyclically Adjusted PS Ratio: 1.15 (14% above median its 10-year median of 1.01)
  • GF Value™: ₹61.47 vs. price of ₹95.50 (55.4% above fair value)
  • GF Score™: 32/100 with 5 warning signs
  • Industry Position: 64.3% above the Construction median (#886 of 1367)

No single metric tells the full story. See the BOM:532722 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nitco Business Description

Other Exchanges NITCO:India
Address 3/A, Recondo Compound, Sudam Kalu Ahire Marg, Glaxo, Worli Colony, Mumbai, MH, IND, 400 030
Nitco Ltd is an Indian company engaged in manufacturing and providing ceramic products, including floor/wall tiles, processing of marble, and outsourcing of vitrified tiles. It is also engaged in real estate development. The company portfolio comprises a range of tiles, marbles, mosaics, and development for real estate projects. Its segments include tiles and other related products, and real estate. The firm derives the majority of its revenue from tiles and other related products within India.
32GF Score

Get the complete analysis for BOM:532722

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

₹95.50
Price
₹61.47
GF Value