Aries Agro (BOM:532935) Cyclically Adjusted PS Ratio: 1.11 (As of Aug. 22, 2026) — 91% Above Median

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BOM:532935 Aries Agro Ltd BOM:532935
84 GF Score
Price ₹451.55
GF Value ₹384.54
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Aries Agro Cyclically Adjusted PS Ratio?

Aries Agro BOM:532935 +3.52% 84 Cyclically Adjusted PS Ratio is 1.11 as of Aug. 22, 2026, which is 91% above its 10-year median of 0.58. GuruFocus rates BOM:532935 with a GF Score™ of 84/100 and a GF Value™ of ₹384.54 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 200 Agriculture companies, Aries Agro ranks worse than 53% on this metric.

As of today (2026-08-22), Aries Agro's current share price is ₹451.55. Aries Agro's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹407.26. Aries Agro's Cyclically Adjusted PS Ratio for today is 1.11.

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

BOM:532935' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.58   Max: 1.19
Current: 1.11

During the past years, Aries Agro's highest Cyclically Adjusted PS Ratio was 1.19. The lowest was 0.28. And the median was 0.58.

BOM:532935's Cyclically Adjusted PS Ratio is ranked worse than
53% of 200 companies
in the Agriculture industry
Industry Median: 0.985 vs BOM:532935: 1.11

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.

Aries Agro's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹142.934. 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 ₹407.26 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aries Agro  (BOM:532935) 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.


Aries Agro Cyclically Adjusted PS Ratio Related Terms


Aries Agro Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Aries Agro'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.

Aries Agro Cyclically Adjusted PS Ratio Chart

Aries Agro 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 0.46 0.47 0.73 0.72 0.83

Aries Agro 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 0.99 0.85 0.83 0.82

BOM:532935 vs CTVA, CF, MOS: Cyclically Adjusted PS Ratio Comparison

For the Agricultural Inputs subindustry, Aries Agro'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.


Aries Agro Cyclically Adjusted PS Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Aries Agro's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:532935
84GF Score
Aries Agro Ltd BOM:532935
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aries Agro 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.

Aries Agro's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=451.55/407.26
=1.11

* 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.

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

For example, Aries Agro'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)
=142.934/167.3573*167.3573
=142.934

Current CPI (Jun. 2026) = 167.3573.

Aries Agro Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 57.700 105.961 91.133
201612 50.615 105.196 80.524
201703 44.278 105.196 70.442
201706 44.290 107.109 69.203
201709 69.396 109.021 106.529
201712 74.697 109.404 114.265
201803 35.702 109.786 54.424
201806 43.286 111.317 65.078
201809 62.370 115.142 90.654
201812 55.937 115.142 81.304
201903 42.470 118.202 60.131
201906 49.519 120.880 68.559
201909 71.254 123.175 96.812
201912 64.291 126.235 85.234
202003 42.684 124.705 57.283
202006 66.610 127.000 87.777
202009 91.238 130.118 117.350
202012 82.385 130.889 105.339
202103 53.146 131.771 67.499
202106 77.090 134.084 96.220
202109 97.430 135.847 120.029
202112 96.844 138.161 117.309
202203 63.327 138.822 76.344
202206 85.525 142.347 100.551
202209 103.609 144.661 119.864
202212 101.461 145.763 116.492
202303 71.234 146.865 81.174
202306 82.384 150.280 91.746
202309 120.454 151.492 133.069
202312 112.907 152.924 123.563
202403 81.356 153.035 88.970
202406 103.971 155.789 111.692
202409 147.657 157.882 156.518
202412 129.307 158.323 136.686
202503 97.644 157.552 103.721
202506 122.876 159.755 128.723
202509 153.731 162.289 158.532
202512 154.569 163.281 158.428
202603 137.892 164.272 140.481
202606 142.934 167.357 142.934

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 1.11 mean?
Aries Agro (BOM:532935) has a Cyclically Adjusted PS Ratio of 1.11 as of Aug. 22, 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 Aries Agro and its competitors. This is 91% above median its historical median of 0.58. Over the past decade, Aries Agro's Cyclically Adjusted PS Ratio has ranged from 0.28 to 1.19. According to the industry distribution chart, Aries Agro ranks #106 out of 200 companies in the Agriculture industry, placing it in the top 53%.
Is Aries Agro's Cyclically Adjusted PS Ratio too high?
Aries Agro's current Cyclically Adjusted PS Ratio of 1.11 is 91% above median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 1.19. The Agriculture industry median Cyclically Adjusted PS Ratio is 0.99. Aries Agro's value of 1.11 is 12.7% above this industry median. Based on the distribution chart, Aries Agro ranks #106 out of 200 companies in the Agriculture industry, which is below the industry midpoint. Overall, Aries Agro has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aries Agro's Cyclically Adjusted PS Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, Aries Agro ranks #106 out of 200 companies for Cyclically Adjusted PS Ratio. This places Aries Agro in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.99. Aries Agro's value of 1.11 is 12.7% above this benchmark. Historically, Aries Agro's own Cyclically Adjusted PS Ratio has ranged from 0.28 to 1.19 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.99, Aries Agro 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 an Agriculture company?
The median Cyclically Adjusted PS Ratio among Agriculture companies is 0.99, based on 200 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. Aries Agro's current Cyclically Adjusted PS Ratio of 1.11 is 12.7% 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 Aries Agro and its competitors. For the Agriculture industry, the median Cyclically Adjusted PS Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aries Agro's current Cyclically Adjusted PS Ratio is 1.11, which is 91% above median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aries Agro stock overvalued right now?
Based on GuruFocus' analysis, Aries Agro (BOM:532935) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹384.54, compared to a current price of ₹451.55 — trading 17.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.11, which is 91% above median its 10-year median of 0.58 and 12.7% above the Agriculture industry median of 0.99. Aries Agro's overall GF Score™ is 84/100 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 Aries Agro (BOM:532935), the current Cyclically Adjusted PS Ratio is 1.11 as of Aug. 22, 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 Aries Agro (BOM:532935) Overvalued in 2026?

Based on GuruFocus' analysis, Aries Agro stock appears to be overvalued. The current stock price of ₹451.55 is trading 17.4% above its estimated GF Value™ of ₹384.54. GuruFocus considers Aries Agro to be Modestly Overvalued.

Key valuation signals for BOM:532935:

  • Cyclically Adjusted PS Ratio: 1.11 (91% above median its 10-year median of 0.58)
  • GF Value™: ₹384.54 vs. price of ₹451.55 (17.4% above fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 12.7% above the Agriculture median (#106 of 200)

No single metric tells the full story. See the BOM:532935 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aries Agro Business Description

Other Exchanges ARIES:India
Address Aries House, Plot No. 24, Deonar, Govandi (East, Mumbai, MH, IND, 400043
Aries Agro Ltd is involved in the business of manufacturing micronutrients and other customized nutritional products for plants and animals. The company also deals in Veterinary products on a small scale. It has also started dealing and manufacturing soluble fertilizers and sulphur based fertilizers. Some of the products produced by the company are; Aries Garden Care kit, Macrofert water-soluble complex fertilizers, and Fishmin micronutrient fertilizers for pond culture among others.
84GF Score

Get the complete analysis for BOM:532935

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

₹451.55
Price
₹384.54
GF Value