Tribhovandas Bhimji Zaveri (BOM:534369) Cyclically Adjusted PS Ratio: 0.79 (As of Aug. 31, 2026) — 58% Above Median

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BOM:534369 Tribhovandas Bhimji Zaveri Ltd BOM:534369
73 GF Score
Price ₹301.85
GF Value ₹211.54
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Tribhovandas Bhimji Zaveri Cyclically Adjusted PS Ratio?

Tribhovandas Bhimji Zaveri BOM:534369 -1.63% 73 Cyclically Adjusted PS Ratio is 0.79 as of Aug. 31, 2026, which is 58% above its 10-year median of 0.50. GuruFocus rates BOM:534369 with a GF Score™ of 73/100 and a GF Value™ of ₹211.54 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 798 Retail - Cyclical companies, Tribhovandas Bhimji Zaveri ranks worse than 63.41% on this metric.

As of today (2026-08-31), Tribhovandas Bhimji Zaveri's current share price is ₹301.85. Tribhovandas Bhimji Zaveri's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹384.51. Tribhovandas Bhimji Zaveri's Cyclically Adjusted PS Ratio for today is 0.79.

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

BOM:534369' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.5   Max: 0.79
Current: 0.79

During the past years, Tribhovandas Bhimji Zaveri's highest Cyclically Adjusted PS Ratio was 0.79. The lowest was 0.34. And the median was 0.50.

BOM:534369's Cyclically Adjusted PS Ratio is ranked worse than
63.41% of 798 companies
in the Retail - Cyclical industry
Industry Median: 0.515 vs BOM:534369: 0.79

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.

Tribhovandas Bhimji Zaveri's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹125.960. 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 ₹384.51 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tribhovandas Bhimji Zaveri  (BOM:534369) 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.


Tribhovandas Bhimji Zaveri Cyclically Adjusted PS Ratio Related Terms


Tribhovandas Bhimji Zaveri Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tribhovandas Bhimji Zaveri'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.

Tribhovandas Bhimji Zaveri Cyclically Adjusted PS Ratio Chart

Tribhovandas Bhimji Zaveri 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 0.00 0.00 0.00 0.00 0.30

Tribhovandas Bhimji Zaveri 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 0.00 0.00 0.00 0.30 0.51

BOM:534369 vs TPR: Cyclically Adjusted PS Ratio Comparison

For the Luxury Goods subindustry, Tribhovandas Bhimji Zaveri'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.


Tribhovandas Bhimji Zaveri Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tribhovandas Bhimji Zaveri's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:534369
73GF Score
Tribhovandas Bhimji Zaveri Ltd BOM:534369
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tribhovandas Bhimji Zaveri 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.

Tribhovandas Bhimji Zaveri's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=301.85/384.51
=0.79

* 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.

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

For example, Tribhovandas Bhimji Zaveri'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)
=125.96/167.3573*167.3573
=125.960

Current CPI (Jun. 2026) = 167.3573.

Tribhovandas Bhimji Zaveri Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 60.491 111.317 90.944
201809 49.426 115.142 71.840
201812 88.583 115.142 128.754
201903 62.193 118.202 88.056
201906 63.830 120.880 88.372
201909 60.073 123.175 81.621
201912 96.527 126.235 127.971
202003 51.562 124.705 69.197
202006 11.921 127.000 15.709
202009 41.002 130.118 52.737
202012 93.389 130.889 119.409
202103 54.862 131.771 69.678
202106 29.063 134.084 36.275
202109 68.164 135.847 83.975
202112 114.295 138.161 138.448
202203 65.027 138.822 78.394
202206 87.927 142.347 103.375
202209 80.405 144.661 93.020
202212 121.722 145.763 139.755
202303 69.420 146.865 79.106
202306 85.369 150.280 95.070
202309 71.976 151.492 79.514
202312 110.947 152.924 121.418
202403 75.780 153.035 82.872
202406 89.180 155.789 95.802
202409 84.787 157.882 89.875
202412 139.123 158.323 147.062
202503 79.108 157.552 84.031
202506 93.470 159.755 97.918
202509 103.176 162.289 106.398
202512 159.011 163.281 162.981
202603 124.368 164.272 126.704
202606 125.960 167.357 125.960

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 0.79 mean?
Tribhovandas Bhimji Zaveri (BOM:534369) has a Cyclically Adjusted PS Ratio of 0.79 as of Aug. 31, 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 Tribhovandas Bhimji Zaveri and its competitors. This is 58% above median its historical median of 0.50. Over the past decade, Tribhovandas Bhimji Zaveri's Cyclically Adjusted PS Ratio has ranged from 0.34 to 0.79. According to the industry distribution chart, Tribhovandas Bhimji Zaveri ranks #506 out of 798 companies in the Retail - Cyclical industry, placing it in the top 63.4%.
Is Tribhovandas Bhimji Zaveri's Cyclically Adjusted PS Ratio too high?
Tribhovandas Bhimji Zaveri's current Cyclically Adjusted PS Ratio of 0.79 is 58% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 0.79. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.52. Tribhovandas Bhimji Zaveri's value of 0.79 is 53.4% above this industry median. Based on the distribution chart, Tribhovandas Bhimji Zaveri ranks #506 out of 798 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Tribhovandas Bhimji Zaveri has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tribhovandas Bhimji Zaveri's Cyclically Adjusted PS Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Tribhovandas Bhimji Zaveri ranks #506 out of 798 companies for Cyclically Adjusted PS Ratio. This places Tribhovandas Bhimji Zaveri in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.52. Tribhovandas Bhimji Zaveri's value of 0.79 is 53.4% above this benchmark. Historically, Tribhovandas Bhimji Zaveri's own Cyclically Adjusted PS Ratio has ranged from 0.34 to 0.79 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.52, Tribhovandas Bhimji Zaveri 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.52, based on 798 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. Tribhovandas Bhimji Zaveri's current Cyclically Adjusted PS Ratio of 0.79 is 53.4% 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 Tribhovandas Bhimji Zaveri and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tribhovandas Bhimji Zaveri's current Cyclically Adjusted PS Ratio is 0.79, which is 58% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tribhovandas Bhimji Zaveri stock overvalued right now?
Based on GuruFocus' analysis, Tribhovandas Bhimji Zaveri (BOM:534369) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹211.54, compared to a current price of ₹301.85 — trading 42.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.79, which is 58% above median its 10-year median of 0.50 and 53.4% above the Retail - Cyclical industry median of 0.52. Tribhovandas Bhimji Zaveri's overall GF Score™ is 73/100 with 4 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 Tribhovandas Bhimji Zaveri (BOM:534369), the current Cyclically Adjusted PS Ratio is 0.79 as of Aug. 31, 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 Tribhovandas Bhimji Zaveri (BOM:534369) Overvalued in 2026?

Based on GuruFocus' analysis, Tribhovandas Bhimji Zaveri stock appears to be overvalued. The current stock price of ₹301.85 is trading 42.7% above its estimated GF Value™ of ₹211.54. GuruFocus considers Tribhovandas Bhimji Zaveri to be Significantly Overvalued.

Key valuation signals for BOM:534369:

  • Cyclically Adjusted PS Ratio: 0.79 (58% above median its 10-year median of 0.50)
  • GF Value™: ₹211.54 vs. price of ₹301.85 (42.7% above fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 53.4% above the Retail - Cyclical median (#506 of 798)

No single metric tells the full story. See the BOM:534369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tribhovandas Bhimji Zaveri Business Description

Other Exchanges TBZ:India
Address Free Press Journal Road, 1106 to 1121, 11th Floor, West Wing, Tulsiani Chambers, 212, Backbay Reclamation, Nariman Point, Mumbai, MH, IND, 400021
Tribhovandas Bhimji Zaveri Ltd is an Indian company engaged in manufacturing/trading, and selling jewellery. Its product category is Gold, Diamond, Jadau, and Platinum Jewellery. Its product portfolio comprises rings, earrings, necklaces, mangalsutra, pendants, bangles, bracelets, and coins, among others. The company provides jewellery for various occasions, including weddings, festivals, everyday wear, and contemporary and traditional wear. Its business activity falls within a single primary business segment of Jewellery and one reportable geographical segment, which is within India.
73GF Score

Get the complete analysis for BOM:534369

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

₹301.85
Price
₹211.54
GF Value