Nibe (BOM:535136) Cyclically Adjusted PS Ratio: 12.12 (As of Aug. 10, 2026) — 40% Below Median

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BOM:535136 Nibe Ltd BOM:535136
83 GF Score
Price ₹1,415.40
GF Value ₹1,406.35
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Nibe Cyclically Adjusted PS Ratio?

Nibe BOM:535136 -0.46% 83 Cyclically Adjusted PS Ratio is 12.12 as of Aug. 10, 2026, which is 40% below its 10-year median of 20.05. GuruFocus rates BOM:535136 with a GF Score™ of 83/100 and a GF Value™ of ₹1,406.35 (Fairly Valued). The stock has 5 warning signs investors should review. Among 461 Conglomerates companies, Nibe ranks worse than 96.1% on this metric.

As of today (2026-08-10), Nibe's current share price is ₹1415.40. Nibe's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹116.75. Nibe's Cyclically Adjusted PS Ratio for today is 12.12.

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

BOM:535136' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.86   Med: 20.05   Max: 54.33
Current: 12.12

During the past years, Nibe's highest Cyclically Adjusted PS Ratio was 54.33. The lowest was 7.86. And the median was 20.05.

BOM:535136's Cyclically Adjusted PS Ratio is ranked worse than
96.1% of 461 companies
in the Conglomerates industry
Industry Median: 0.8 vs BOM:535136: 12.12

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.

Nibe's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹157.113. 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 ₹116.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nibe  (BOM:535136) 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.


Nibe Cyclically Adjusted PS Ratio Related Terms


Nibe Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nibe'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.

Nibe Cyclically Adjusted PS Ratio Chart

Nibe 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 30.05 12.94 7.00

Nibe Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 12.94 18.92 15.55 11.17 7.00

BOM:535136 vs MMM, HON: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Nibe'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.


Nibe Cyclically Adjusted PS Ratio vs Conglomerates Industry

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

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


BOM:535136
83GF Score
Nibe Ltd BOM:535136
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nibe 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1415.40/116.75
=12.12

* 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.

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

For example, Nibe's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=157.113/164.2724*164.2724
=157.113

Current CPI (Mar. 2026) = 164.2724.

Nibe Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.877 105.961 1.360
201609 1.212 105.961 1.879
201612 0.616 105.196 0.962
201703 0.746 105.196 1.165
201706 1.508 107.109 2.313
201709 0.965 109.021 1.454
201712 1.131 109.404 1.698
201803 1.172 109.786 1.754
201806 0.662 111.317 0.977
201809 0.436 115.142 0.622
201812 0.443 115.142 0.632
201903 0.415 118.202 0.577
201906 0.523 120.880 0.711
201909 0.760 123.175 1.014
201912 0.247 126.235 0.321
202003 -0.028 124.705 -0.037
202006 0.000 127.000 0.000
202009 0.000 130.118 0.000
202012 0.000 130.889 0.000
202103 2.249 131.771 2.804
202106 1.979 134.084 2.425
202109 3.143 135.847 3.801
202112 7.441 138.161 8.847
202203 7.860 138.822 9.301
202206 10.225 142.347 11.800
202209 16.503 144.661 18.740
202212 18.743 145.763 21.123
202303 44.850 146.865 50.166
202306 21.935 150.280 23.977
202309 34.711 151.492 37.639
202312 49.854 152.924 53.554
202403 115.515 153.035 123.998
202406 83.491 155.789 88.038
202409 94.561 157.882 98.388
202412 96.371 158.323 99.992
202503 88.680 157.552 92.463
202506 56.892 159.755 58.501
202509 58.141 162.289 58.851
202512 40.728 163.281 40.975
202603 157.113 164.272 157.113

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 12.12 mean?
Nibe (BOM:535136) has a Cyclically Adjusted PS Ratio of 12.12 as of Aug. 10, 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 Nibe and its competitors. This is 40% below median its historical median of 20.05. Over the past decade, Nibe's Cyclically Adjusted PS Ratio has ranged from 7.86 to 54.33. According to the industry distribution chart, Nibe ranks #443 out of 461 companies in the Conglomerates industry, placing it in the top 96.1%.
Is Nibe's Cyclically Adjusted PS Ratio too high?
Nibe's current Cyclically Adjusted PS Ratio of 12.12 is 40% below median its 10-year median of 20.05. Over the past 10 years, this metric has ranged from a low of 7.86 to a high of 54.33. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.80. Nibe's value of 12.12 is 1415% above this industry median. Based on the distribution chart, Nibe ranks #443 out of 461 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Nibe has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nibe's Cyclically Adjusted PS Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Nibe ranks #443 out of 461 companies for Cyclically Adjusted PS Ratio. This places Nibe in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.80. Nibe's value of 12.12 is 1415% above this benchmark. Historically, Nibe's own Cyclically Adjusted PS Ratio has ranged from 7.86 to 54.33 over the past decade. While the company's 10-year median is 20.05 vs. the industry median of 0.80, Nibe 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 Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.80, based on 461 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. Nibe's current Cyclically Adjusted PS Ratio of 12.12 is 1415% 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 Nibe and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nibe's current Cyclically Adjusted PS Ratio is 12.12, which is 40% below median its own 10-year median of 20.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nibe stock overvalued right now?
Based on GuruFocus' analysis, Nibe (BOM:535136) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,406.35, compared to a current price of ₹1,415.40 — trading 0.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 12.12, which is 40% below median its 10-year median of 20.05 and 1415% above the Conglomerates industry median of 0.80. Nibe's overall GF Score™ is 83/100 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 Nibe (BOM:535136), the current Cyclically Adjusted PS Ratio is 12.12 as of Aug. 10, 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 Nibe (BOM:535136) Overvalued in 2026?

Based on GuruFocus' analysis, Nibe stock appears to be overvalued. The current stock price of ₹1,415.40 is trading 0.6% above its estimated GF Value™ of ₹1,406.35. GuruFocus considers Nibe to be Fairly Valued.

Key valuation signals for BOM:535136:

  • Cyclically Adjusted PS Ratio: 12.12 (40% below median its 10-year median of 20.05)
  • GF Value™: ₹1,406.35 vs. price of ₹1,415.40 (0.6% above fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 1415% above the Conglomerates median (#443 of 461)

No single metric tells the full story. See the BOM:535136 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nibe Business Description

Other Exchanges NIBE:India
Address Phase III, MIDC Industrial Area, Plot No. E-2/2, Nanekarwadi CT, Chakan, Taluka Khed, Pune, MH, IND, 410501
Nibe Ltd is engaged in the business of fabrication and machining of components used in the defence sector as well as the assembly of components of E-vehicles. The products offered by the company include joystick consoles, ruggedised panel PC, ethernet switches, console panel PC, electronic bikes and rickshaws, and batteries and related components for electric vehicles among others. Geographically, the company derives a majority of its revenue from its business in India and also exports its products to other countries.
83GF Score

Get the complete analysis for BOM:535136

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

₹1,415.40
Price
₹1,406.35
GF Value