VMS Industries (BOM:533427) Cyclically Adjusted PS Ratio: 0.16 (As of Aug. 29, 2026) — 20% Below Median

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BOM:533427 VMS Industries Ltd BOM:533427
69 GF Score
Price ₹18.25
GF Value ₹22.70
Valuation Modestly Undervalued
! 5 Warning Signs
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What is VMS Industries Cyclically Adjusted PS Ratio?

VMS Industries BOM:533427 +1.61% 69 Cyclically Adjusted PS Ratio is 0.16 as of Aug. 29, 2026, which is 20% below its 10-year median of 0.20. GuruFocus rates BOM:533427 with a GF Score™ of 69/100 and a GF Value™ of ₹22.70 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 155 Waste Management companies, VMS Industries ranks better than 91.61% on this metric.

As of today (2026-08-29), VMS Industries's current share price is ₹18.25. VMS Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹114.83. VMS Industries's Cyclically Adjusted PS Ratio for today is 0.16.

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

BOM:533427' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.2   Max: 0.62
Current: 0.16

During the past years, VMS Industries's highest Cyclically Adjusted PS Ratio was 0.62. The lowest was 0.07. And the median was 0.20.

BOM:533427's Cyclically Adjusted PS Ratio is ranked better than
91.61% of 155 companies
in the Waste Management industry
Industry Median: 1.35 vs BOM:533427: 0.16

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.

VMS Industries's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹18.316. 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 ₹114.83 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


VMS Industries  (BOM:533427) 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.


VMS Industries Cyclically Adjusted PS Ratio Related Terms


VMS Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for VMS Industries'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.

VMS Industries Cyclically Adjusted PS Ratio Chart

VMS Industries 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 0.12 0.12 0.40 0.22 0.16

VMS Industries 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 0.37 0.29 0.24 0.16 0.19

BOM:533427 vs WM, RSG, WCN: Cyclically Adjusted PS Ratio Comparison

For the Waste Management subindustry, VMS Industries'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.


VMS Industries Cyclically Adjusted PS Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, VMS Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:533427
69GF Score
VMS Industries Ltd BOM:533427
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VMS Industries 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.

VMS Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.25/114.83
=0.16

* 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.

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

For example, VMS Industries'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)
=18.316/167.3573*167.3573
=18.316

Current CPI (Jun. 2026) = 167.3573.

VMS Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 16.649 105.961 26.296
201612 17.251 105.196 27.445
201703 18.080 105.196 28.764
201706 18.887 107.109 29.511
201709 17.283 109.021 26.531
201712 7.308 109.404 11.179
201803 34.987 109.786 53.334
201806 33.436 111.317 50.269
201809 26.640 115.142 38.721
201812 50.016 115.142 72.698
201903 -29.259 118.202 -41.427
201906 20.200 120.880 27.967
201909 33.899 123.175 46.058
201912 26.386 126.235 34.981
202003 18.930 124.705 25.405
202006 12.669 127.000 16.695
202009 19.374 130.118 24.919
202012 25.632 130.889 32.774
202103 28.935 131.771 36.749
202106 13.166 134.084 16.433
202109 16.289 135.847 20.067
202112 25.519 138.161 30.912
202203 32.889 138.822 39.649
202206 31.817 142.347 37.407
202209 10.792 144.661 12.485
202212 21.854 145.763 25.092
202303 15.193 146.865 17.313
202306 7.943 150.280 8.846
202309 53.425 151.492 59.020
202312 44.819 152.924 49.049
202403 43.084 153.035 47.116
202406 45.223 155.789 48.581
202409 41.858 157.882 44.370
202412 14.007 158.323 14.806
202503 22.296 157.552 23.684
202506 16.199 159.755 16.970
202509 17.397 162.289 17.940
202512 10.348 163.281 10.606
202603 20.426 164.272 20.810
202606 18.316 167.357 18.316

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 0.16 mean?
VMS Industries (BOM:533427) has a Cyclically Adjusted PS Ratio of 0.16 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 VMS Industries and its competitors. This is 20% below median its historical median of 0.20. Over the past decade, VMS Industries' Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.62. According to the industry distribution chart, VMS Industries ranks #13 out of 155 companies in the Waste Management industry, placing it in the top 8.4%.
Is VMS Industries' Cyclically Adjusted PS Ratio too high?
VMS Industries' current Cyclically Adjusted PS Ratio of 0.16 is 20% below median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.62. The Waste Management industry median Cyclically Adjusted PS Ratio is 1.35. VMS Industries' value of 0.16 is 88.1% below this industry median. Based on the distribution chart, VMS Industries ranks #13 out of 155 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, VMS Industries has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VMS Industries' Cyclically Adjusted PS Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, VMS Industries ranks #13 out of 155 companies for Cyclically Adjusted PS Ratio. This places VMS Industries in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.35. VMS Industries' value of 0.16 is 88.1% below this benchmark. Historically, VMS Industries' own Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.62 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 1.35, VMS Industries 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 Waste Management company?
The median Cyclically Adjusted PS Ratio among Waste Management companies is 1.35, based on 155 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. VMS Industries's current Cyclically Adjusted PS Ratio of 0.16 is 88.1% 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 VMS Industries and its competitors. For the Waste Management industry, the median Cyclically Adjusted PS Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VMS Industries's current Cyclically Adjusted PS Ratio is 0.16, which is 20% below median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VMS Industries stock overvalued right now?
Based on GuruFocus' analysis, VMS Industries (BOM:533427) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹22.70, compared to a current price of ₹18.25 — trading 19.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.16, which is 20% below median its 10-year median of 0.20 and 88.1% below the Waste Management industry median of 1.35. VMS Industries' overall GF Score™ is 69/100 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 VMS Industries (BOM:533427), the current Cyclically Adjusted PS Ratio is 0.16 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 VMS Industries (BOM:533427) Overvalued in 2026?

Based on GuruFocus' analysis, VMS Industries stock appears to be undervalued. The current stock price of ₹18.25 is trading 19.6% below its estimated GF Value™ of ₹22.70. GuruFocus considers VMS Industries to be Modestly Undervalued.

Key valuation signals for BOM:533427:

  • Cyclically Adjusted PS Ratio: 0.16 (20% below median its 10-year median of 0.20)
  • GF Value™: ₹22.70 vs. price of ₹18.25 (19.6% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 88.1% below the Waste Management median (#13 of 155)

No single metric tells the full story. See the BOM:533427 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VMS Industries Business Description

Address Corporate Road, 808-C, Pinnacle Business Park, Prahladnagar, Ahmedabad, GJ, IND, 380015
VMS Industries Ltd provides ship recycling and offshore services. The Company is engaged in the business of breaking old and used ships. On the basis of the dominant source, the nature of risks and returns, and the internal organization, the company has identified two operating segments: Manufacturing and Trading. Manufacturing in respect of Ship-Breaking business activities and Trading in respect of trading in Ferrous and Non-Ferrous metals. The majority of income is from the Manufacturing segment.
69GF Score

Get the complete analysis for BOM:533427

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

₹18.25
Price
₹22.70
GF Value