Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Solar Industries IndiaBOM:532725 +0.23%96 Cyclically Adjusted PS Ratio is 35.17 as of Sep. 06, 2026, which is 170% above its 10-year median of 13.05. GuruFocus rates BOM:532725 with a GF Score™ of 96/100 and a GF Value™ of ₹19,809.48 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,273 Chemicals companies, Solar Industries India ranks worse than 99.29% on this metric.
The historical rank and industry rank for Solar Industries India's Cyclically Adjusted PS Ratio or its related term are showing as below:
BOM:532725'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.93 Med: 13.05 Max: 37.71
Current: 35.13
During the past years, Solar Industries India's highest Cyclically Adjusted PS Ratio was 37.71. The lowest was 3.93. And the median was 13.05.
BOM:532725's Cyclically Adjusted PS Ratio is ranked worse than 99.29% of 1273
companies
in the Chemicals industry
Industry Median: 1.34
vs BOM:532725: 35.13
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.
Solar Industries India's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹405.353. 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 ₹610.10 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Solar Industries India (BOM:532725) 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.
Solar Industries India Cyclically Adjusted PS Ratio Related Terms
Solar Industries India Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Solar Industries 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.
Solar Industries India Cyclically Adjusted PS Ratio Chart
BOM:532725 vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison
For the Specialty Chemicals subindustry, Solar Industries 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.
Solar Industries India Cyclically Adjusted PS Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Solar Industries India's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Solar Industries India's Cyclically Adjusted PS Ratio falls into.
Solar Industries 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.
* 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.
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 35.17 mean?
Solar Industries India (BOM:532725) has a Cyclically Adjusted PS Ratio of 35.17 as of Sep. 06, 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 Solar Industries India and its competitors. This is 170% above median its historical median of 13.05. Over the past decade, Solar Industries India's Cyclically Adjusted PS Ratio has ranged from 3.93 to 37.71. According to the industry distribution chart, Solar Industries India ranks #1264 out of 1273 companies in the Chemicals industry, placing it in the top 99.3%.
Is Solar Industries India's Cyclically Adjusted PS Ratio too high?
Solar Industries India's current Cyclically Adjusted PS Ratio of 35.17 is 170% above median its 10-year median of 13.05. Over the past 10 years, this metric has ranged from a low of 3.93 to a high of 37.71. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.34. Solar Industries India's value of 35.17 is 2524.6% above this industry median. Based on the distribution chart, Solar Industries India ranks #1264 out of 1273 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Solar Industries India has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Solar Industries India's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Solar Industries India ranks #1264 out of 1273 companies for Cyclically Adjusted PS Ratio. This places Solar Industries India in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Solar Industries India's value of 35.17 is 2524.6% above this benchmark. Historically, Solar Industries India's own Cyclically Adjusted PS Ratio has ranged from 3.93 to 37.71 over the past decade. While the company's 10-year median is 13.05 vs. the industry median of 1.34, Solar Industries India 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.34, based on 1,273 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. Solar Industries India's current Cyclically Adjusted PS Ratio of 35.17 is 2524.6% 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 Solar Industries India and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar Industries India's current Cyclically Adjusted PS Ratio is 35.17, which is 170% above median its own 10-year median of 13.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Industries India stock overvalued right now?
Based on GuruFocus' analysis, Solar Industries India (BOM:532725) is currently considered Fairly Valued. The stock's GF Value™ is ₹19,809.48, compared to a current price of ₹21,460.00 — trading 8.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 35.17, which is 170% above median its 10-year median of 13.05 and 2524.6% above the Chemicals industry median of 1.34. Solar Industries India's overall GF Score™ is 96/100 with 6 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 Solar Industries India (BOM:532725), the current Cyclically Adjusted PS Ratio is 35.17 as of Sep. 06, 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 Solar Industries India (BOM:532725) Overvalued in 2026?
Based on GuruFocus' analysis, Solar Industries India stock appears to be overvalued.
The current stock price of ₹21,460.00 is trading 8.3% above its estimated GF Value™ of ₹19,809.48.
GuruFocus considers Solar Industries India to be Fairly Valued.
Key valuation signals for BOM:532725:
Cyclically Adjusted PS Ratio: 35.17 (170% above median its 10-year median of 13.05)
GF Value™: ₹19,809.48 vs. price of ₹21,460.00 (8.3% above fair value)
Industry Position: 2524.6% above the Chemicals median (#1264 of 1273)
No single metric tells the full story. See the BOM:532725 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Solar Industries India Ltd manufactures and sells a variety of explosives and defense products. The company sells bulk and packaged explosives as well as detonation initiating systems to the mining, infrastructure, and construction industries. The firm's defense products include high energy explosives, propellants for delivering missiles and rockets, pyros, bombs, and warheads. Geographically, the group holds its presence in both India and internationally of which Indian region accounts for a majority of revenue.
96GF Score
Get the complete analysis for BOM:532725
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:532725 has been successfully added to your 
