Manaksia (BOM:532932) Cyclically Adjusted PS Ratio: 0.32 (As of Aug. 23, 2026) — Near Median

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BOM:532932 Manaksia Ltd BOM:532932
74 GF Score
Price ₹58.84
GF Value ₹94.23
Valuation Possible Value Trap
! 5 Warning Signs
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What is Manaksia Cyclically Adjusted PS Ratio?

Manaksia BOM:532932 +0.93% 74 Cyclically Adjusted PS Ratio is 0.32 as of Aug. 23, 2026, which is 9% below its 10-year median of 0.35. GuruFocus rates BOM:532932 with a GF Score™ of 74/100 and a GF Value™ of ₹94.23 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,283 Industrial Products companies, Manaksia ranks better than 89.09% on this metric.

As of today (2026-08-23), Manaksia's current share price is ₹58.84. Manaksia's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹181.32. Manaksia's Cyclically Adjusted PS Ratio for today is 0.32.

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

BOM:532932' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.35   Max: 0.85
Current: 0.32

During the past years, Manaksia's highest Cyclically Adjusted PS Ratio was 0.85. The lowest was 0.16. And the median was 0.35.

BOM:532932's Cyclically Adjusted PS Ratio is ranked better than
89.09% of 2283 companies
in the Industrial Products industry
Industry Median: 1.8 vs BOM:532932: 0.32

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.

Manaksia's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹33.971. 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 ₹181.32 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Manaksia  (BOM:532932) 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.


Manaksia Cyclically Adjusted PS Ratio Related Terms


Manaksia Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Manaksia'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.

Manaksia Cyclically Adjusted PS Ratio Chart

Manaksia 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 0.30 0.48 0.50 0.31 0.24

Manaksia 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 0.41 0.37 0.35 0.24 0.32

BOM:532932 vs CRS, ATI, MLI: Cyclically Adjusted PS Ratio Comparison

For the Metal Fabrication subindustry, Manaksia'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.


Manaksia Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


BOM:532932
74GF Score
Manaksia Ltd BOM:532932
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manaksia 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=58.84/181.32
=0.32

* 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.

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

For example, Manaksia'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)
=33.971/167.3573*167.3573
=33.971

Current CPI (Jun. 2026) = 167.3573.

Manaksia Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 29.533 105.961 46.645
201612 34.883 105.196 55.496
201703 60.154 105.196 95.700
201706 44.543 107.109 69.598
201709 37.787 109.021 58.006
201712 28.451 109.404 43.522
201803 39.692 109.786 60.506
201806 38.547 111.317 57.953
201809 31.816 115.142 46.244
201812 38.650 115.142 56.177
201903 42.036 118.202 59.517
201906 38.475 120.880 53.268
201909 26.927 123.175 36.586
201912 30.677 126.235 40.670
202003 34.546 124.705 46.362
202006 26.170 127.000 34.486
202009 36.455 130.118 46.888
202012 33.135 130.889 42.367
202103 35.635 131.771 45.259
202106 41.609 134.084 51.934
202109 36.043 135.847 44.403
202112 46.716 138.161 56.588
202203 54.697 138.822 65.940
202206 46.975 142.347 55.228
202209 39.873 144.661 46.129
202212 44.145 145.763 50.685
202303 46.583 146.865 53.083
202306 36.010 150.280 40.102
202309 30.314 151.492 33.489
202312 23.292 152.924 25.490
202403 17.515 153.035 19.154
202406 16.042 155.789 17.233
202409 25.823 157.882 27.373
202412 28.628 158.323 30.262
202503 41.082 157.552 43.639
202506 26.463 159.755 27.722
202509 29.041 162.289 29.948
202512 28.051 163.281 28.751
202603 36.151 164.272 36.830
202606 33.971 167.357 33.971

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 0.32 mean?
Manaksia (BOM:532932) has a Cyclically Adjusted PS Ratio of 0.32 as of Aug. 23, 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 Manaksia and its competitors. This is near median its historical median of 0.35. Over the past decade, Manaksia's Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.85. According to the industry distribution chart, Manaksia ranks #249 out of 2283 companies in the Industrial Products industry, placing it in the top 10.9%.
Is Manaksia's Cyclically Adjusted PS Ratio too high?
Manaksia's current Cyclically Adjusted PS Ratio of 0.32 is near median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.85. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.80. Manaksia's value of 0.32 is 82.2% below this industry median. Based on the distribution chart, Manaksia ranks #249 out of 2283 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Manaksia has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Manaksia's Cyclically Adjusted PS Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Manaksia ranks #249 out of 2283 companies for Cyclically Adjusted PS Ratio. This places Manaksia in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.80. Manaksia's value of 0.32 is 82.2% below this benchmark. Historically, Manaksia's own Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.85 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 1.80, Manaksia 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.80, based on 2,283 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. Manaksia's current Cyclically Adjusted PS Ratio of 0.32 is 82.2% 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 Manaksia and its competitors. For the Industrial Products 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. Manaksia's current Cyclically Adjusted PS Ratio is 0.32, which is near median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manaksia stock overvalued right now?
Based on GuruFocus' analysis, Manaksia (BOM:532932) is currently considered Possible Value Trap. The stock's GF Value™ is ₹94.23, compared to a current price of ₹58.84 — trading 37.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.32, which is near median its 10-year median of 0.35 and 82.2% below the Industrial Products industry median of 1.80. Manaksia's overall GF Score™ is 74/100 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 Manaksia (BOM:532932), the current Cyclically Adjusted PS Ratio is 0.32 as of Aug. 23, 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 Manaksia (BOM:532932) Overvalued in 2026?

Based on GuruFocus' analysis, Manaksia stock appears to be undervalued. The current stock price of ₹58.84 is trading 37.6% below its estimated GF Value™ of ₹94.23. GuruFocus considers Manaksia to be Possible Value Trap.

Key valuation signals for BOM:532932:

  • Cyclically Adjusted PS Ratio: 0.32 (near median its 10-year median of 0.35)
  • GF Value™: ₹94.23 vs. price of ₹58.84 (37.6% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 82.2% below the Industrial Products median (#249 of 2283)

No single metric tells the full story. See the BOM:532932 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Manaksia Business Description

Other Exchanges MANAKSIA:India
Address 6 Lyons Range, Turner Morrison Building, Mezzanine Floor, North-West Corner, Kolkata, WB, IND, 700 001
Manaksia Ltd is an Indian company engaged in the manufacture of value-added secondary steel products. It has three operating business segments. Metal Products segment, which is the key revenue driver, consists of manufacture and sale of Aluminium and Steel galvanized sheets, coils, PP Cap, Crown Closures, Metal Containers, EP Liners, Washer, EP Sheets, among others. Packaging segment consists of the manufacture and sale of Kraft Paper. The others segment consists of trading of spare parts of machine including paper machine and consumables, among others. The manufacturing units of the company are located in Nigeria, Ghana, and India. Geographically it has operations within India and outside India. The majority of revenue is derived from outside India.
74GF Score

Get the complete analysis for BOM:532932

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

₹58.84
Price
₹94.23
GF Value