Zee Media (BOM:532794) Cyclically Adjusted PS Ratio: 0.53 (As of Sep. 04, 2026) — 34% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BOM:532794 Zee Media Corp Ltd BOM:532794
54 GF Score
Price ₹8.13
GF Value ₹15.66
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Zee Media Cyclically Adjusted PS Ratio?

Zee Media BOM:532794 -1.57% 54 Cyclically Adjusted PS Ratio is 0.53 as of Sep. 04, 2026, which is 34% below its 10-year median of 0.80. GuruFocus rates BOM:532794 with a GF Score™ of 54/100 and a GF Value™ of ₹15.66 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 732 Media - Diversified companies, Zee Media ranks better than 61.48% on this metric.

As of today (2026-09-04), Zee Media's current share price is ₹8.13. Zee Media's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹15.48. Zee Media's Cyclically Adjusted PS Ratio for today is 0.53.

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

BOM:532794' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.8   Max: 1.44
Current: 0.53

During the past years, Zee Media's highest Cyclically Adjusted PS Ratio was 1.44. The lowest was 0.29. And the median was 0.80.

BOM:532794's Cyclically Adjusted PS Ratio is ranked better than
61.48% of 732 companies
in the Media - Diversified industry
Industry Median: 0.765 vs BOM:532794: 0.53

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.

Zee Media's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹2.992. 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 ₹15.48 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zee Media  (BOM:532794) 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.


Zee Media Cyclically Adjusted PS Ratio Related Terms


Zee Media Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Zee Media'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.

Zee Media Cyclically Adjusted PS Ratio Chart

Zee Media 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 0.99 0.52 0.65 0.85 0.44

Zee Media 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 0.96 0.72 0.58 0.44 0.55

BOM:532794 vs NXST: Cyclically Adjusted PS Ratio Comparison

For the Broadcasting subindustry, Zee Media'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.


Zee Media Cyclically Adjusted PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Zee Media's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:532794
54GF Score
Zee Media Corp Ltd BOM:532794
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zee Media 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.

Zee Media's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.13/15.48
=0.53

* 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.

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

For example, Zee Media'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)
=2.992/167.3573*167.3573
=2.992

Current CPI (Jun. 2026) = 167.3573.

Zee Media Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.118 105.961 3.345
201612 2.298 105.196 3.656
201703 2.718 105.196 4.324
201706 2.403 107.109 3.755
201709 2.752 109.021 4.225
201712 3.394 109.404 5.192
201803 3.653 109.786 5.569
201806 3.309 111.317 4.975
201809 3.618 115.142 5.259
201812 4.141 115.142 6.019
201903 3.590 118.202 5.083
201906 4.233 120.880 5.861
201909 2.904 123.175 3.946
201912 3.309 126.235 4.387
202003 2.943 124.705 3.950
202006 2.802 127.000 3.692
202009 3.149 130.118 4.050
202012 3.907 130.889 4.996
202103 2.955 131.771 3.753
202106 3.569 134.084 4.455
202109 3.755 135.847 4.626
202112 3.987 138.161 4.830
202203 3.768 138.822 4.543
202206 3.285 142.347 3.862
202209 3.063 144.661 3.544
202212 2.770 145.763 3.180
202303 2.228 146.865 2.539
202306 2.219 150.280 2.471
202309 2.420 151.492 2.673
202312 2.656 152.924 2.907
202403 2.785 153.035 3.046
202406 2.882 155.789 3.096
202409 2.071 157.882 2.195
202412 2.560 158.323 2.706
202503 2.501 157.552 2.657
202506 2.898 159.755 3.036
202509 2.877 162.289 2.967
202512 3.825 163.281 3.920
202603 2.498 164.272 2.545
202606 2.992 167.357 2.992

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 0.53 mean?
Zee Media (BOM:532794) has a Cyclically Adjusted PS Ratio of 0.53 as of Sep. 04, 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 Zee Media and its competitors. This is 34% below median its historical median of 0.80. Over the past decade, Zee Media's Cyclically Adjusted PS Ratio has ranged from 0.29 to 1.44. According to the industry distribution chart, Zee Media ranks #282 out of 732 companies in the Media - Diversified industry, placing it in the top 38.5%.
Is Zee Media's Cyclically Adjusted PS Ratio too high?
Zee Media's current Cyclically Adjusted PS Ratio of 0.53 is 34% below median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.44. The Media - Diversified industry median Cyclically Adjusted PS Ratio is 0.77. Zee Media's value of 0.53 is 30.7% below this industry median. Based on the distribution chart, Zee Media ranks #282 out of 732 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Zee Media has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zee Media's Cyclically Adjusted PS Ratio compare to NXST?
According to the Media - Diversified industry distribution chart, Zee Media ranks #282 out of 732 companies for Cyclically Adjusted PS Ratio. This puts Zee Media in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. Zee Media's value of 0.53 is 30.7% below this benchmark. Historically, Zee Media's own Cyclically Adjusted PS Ratio has ranged from 0.29 to 1.44 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 0.77, Zee Media 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 Media - Diversified company?
The median Cyclically Adjusted PS Ratio among Media - Diversified companies is 0.77, based on 732 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. Zee Media's current Cyclically Adjusted PS Ratio of 0.53 is 30.7% 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 Zee Media and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zee Media's current Cyclically Adjusted PS Ratio is 0.53, which is 34% below median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zee Media stock overvalued right now?
Based on GuruFocus' analysis, Zee Media (BOM:532794) is currently considered Possible Value Trap. The stock's GF Value™ is ₹15.66, compared to a current price of ₹8.13 — trading 48.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.53, which is 34% below median its 10-year median of 0.80 and 30.7% below the Media - Diversified industry median of 0.77. Zee Media's overall GF Score™ is 54/100 with 3 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 Zee Media (BOM:532794), the current Cyclically Adjusted PS Ratio is 0.53 as of Sep. 04, 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 Zee Media (BOM:532794) Overvalued in 2026?

Based on GuruFocus' analysis, Zee Media stock appears to be undervalued. The current stock price of ₹8.13 is trading 48.1% below its estimated GF Value™ of ₹15.66. GuruFocus considers Zee Media to be Possible Value Trap.

Key valuation signals for BOM:532794:

  • Cyclically Adjusted PS Ratio: 0.53 (34% below median its 10-year median of 0.80)
  • GF Value™: ₹15.66 vs. price of ₹8.13 (48.1% below fair value)
  • GF Score™: 54/100 with 3 warning signs
  • Industry Position: 30.7% below the Media - Diversified median (#282 of 732)

No single metric tells the full story. See the BOM:532794 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zee Media Business Description

Other Exchanges ZEEMEDIA:India
Address FC-19, Sector 16-A, Noida, UP, IND, 201301
Zee Media Corp Ltd engages in the broadcasting of news, current affairs, and other programs in India. It operates in only one segment; the News publishing and broadcasting business. The activities involve the business of broadcasting news, current affairs, and regional language channels, and the sale of television programs. Its revenue streams comprise of advertisement revenue, subscription revenue, and other sales and services that include the sale of programs and content and channel management fees.
54GF Score

Get the complete analysis for BOM:532794

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

₹8.13
Price
₹15.66
GF Value