Mihika Industries (BOM:538895) Cyclically Adjusted PS Ratio: 1.25 (As of Aug. 26, 2026) — 54% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:538895 Mihika Industries Ltd BOM:538895
34 GF Score
Price ₹10.38
! 2 Warning Signs
View Full Analysis

What is Mihika Industries Cyclically Adjusted PS Ratio?

Mihika Industries BOM:538895 -1.52% 34 Cyclically Adjusted PS Ratio is 1.25 as of Aug. 26, 2026, which is 54% below its 10-year median of 2.72. GuruFocus rates BOM:538895 with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 240 Retail - Defensive companies, Mihika Industries ranks worse than 82.08% on this metric.

As of today (2026-08-26), Mihika Industries's current share price is ₹10.38. Mihika Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹8.31. Mihika Industries's Cyclically Adjusted PS Ratio for today is 1.25.

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

BOM:538895' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.04   Med: 2.72   Max: 12.21
Current: 1.25

During the past years, Mihika Industries's highest Cyclically Adjusted PS Ratio was 12.21. The lowest was 1.04. And the median was 2.72.

BOM:538895's Cyclically Adjusted PS Ratio is ranked worse than
82.08% of 240 companies
in the Retail - Defensive industry
Industry Median: 0.45 vs BOM:538895: 1.25

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.

Mihika Industries's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹0.427. 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 ₹8.31 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mihika Industries  (BOM:538895) 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.


Mihika Industries Cyclically Adjusted PS Ratio Related Terms


Mihika Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mihika 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.

Mihika Industries Cyclically Adjusted PS Ratio Chart

Mihika 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 0.00 0.00 7.83 2.68 1.05

Mihika 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 2.54 2.18 1.76 1.05 1.80

BOM:538895 vs SYY, USFD, PFGC: Cyclically Adjusted PS Ratio Comparison

For the Food Distribution subindustry, Mihika 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.


Mihika Industries Cyclically Adjusted PS Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Mihika Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:538895
34GF Score
Mihika Industries Ltd BOM:538895
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mihika 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.38/8.31
=1.25

* 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.

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

For example, Mihika 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)
=0.427/167.3573*167.3573
=0.427

Current CPI (Jun. 2026) = 167.3573.

Mihika Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.421 105.961 0.665
201612 0.543 105.196 0.864
201703 0.499 105.196 0.794
201706 0.515 107.109 0.805
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 1.341 109.786 2.044
201806 0.431 111.317 0.648
201809 0.428 115.142 0.622
201812 0.450 115.142 0.654
201903 0.434 118.202 0.614
201906 0.351 120.880 0.486
201909 0.418 123.175 0.568
201912 0.497 126.235 0.659
202003 0.691 124.705 0.927
202006 0.000 127.000 0.000
202009 0.511 130.118 0.657
202012 0.623 130.889 0.797
202103 0.701 131.771 0.890
202106 0.576 134.084 0.719
202109 0.480 135.847 0.591
202112 0.478 138.161 0.579
202203 0.233 138.822 0.281
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 0.000 145.763 0.000
202303 0.000 146.865 0.000
202306 0.000 150.280 0.000
202309 0.000 151.492 0.000
202312 0.000 152.924 0.000
202403 6.730 153.035 7.360
202406 0.081 155.789 0.087
202409 6.396 157.882 6.780
202412 0.543 158.323 0.574
202503 27.740 157.552 29.466
202506 1.661 159.755 1.740
202509 0.320 162.289 0.330
202512 0.221 163.281 0.227
202603 0.447 164.272 0.455
202606 0.427 167.357 0.427

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 1.25 mean?
Mihika Industries (BOM:538895) has a Cyclically Adjusted PS Ratio of 1.25 as of Aug. 26, 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 Mihika Industries and its competitors. This is 54% below median its historical median of 2.72. Over the past decade, Mihika Industries' Cyclically Adjusted PS Ratio has ranged from 1.04 to 12.21. According to the industry distribution chart, Mihika Industries ranks #197 out of 240 companies in the Retail - Defensive industry, placing it in the top 82.1%.
Is Mihika Industries' Cyclically Adjusted PS Ratio too high?
Mihika Industries' current Cyclically Adjusted PS Ratio of 1.25 is 54% below median its 10-year median of 2.72. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 12.21. The Retail - Defensive industry median Cyclically Adjusted PS Ratio is 0.45. Mihika Industries' value of 1.25 is 177.8% above this industry median. Based on the distribution chart, Mihika Industries ranks #197 out of 240 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Mihika Industries has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Mihika Industries' Cyclically Adjusted PS Ratio compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Mihika Industries ranks #197 out of 240 companies for Cyclically Adjusted PS Ratio. This places Mihika Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Mihika Industries' value of 1.25 is 177.8% above this benchmark. Historically, Mihika Industries' own Cyclically Adjusted PS Ratio has ranged from 1.04 to 12.21 over the past decade. While the company's 10-year median is 2.72 vs. the industry median of 0.45, Mihika Industries 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 - Defensive company?
The median Cyclically Adjusted PS Ratio among Retail - Defensive companies is 0.45, based on 240 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. Mihika Industries's current Cyclically Adjusted PS Ratio of 1.25 is 177.8% 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 Mihika Industries and its competitors. For the Retail - Defensive industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mihika Industries's current Cyclically Adjusted PS Ratio is 1.25, which is 54% below median its own 10-year median of 2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mihika Industries stock overvalued right now?
Mihika Industries (BOM:538895) has a current Cyclically Adjusted PS Ratio of 1.25. The current Cyclically Adjusted PS Ratio is 1.25, which is 54% below median its 10-year median of 2.72 and 177.8% above the Retail - Defensive industry median of 0.45. Mihika Industries' overall GF Score™ is 34/100 with 2 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 Mihika Industries (BOM:538895), the current Cyclically Adjusted PS Ratio is 1.25 as of Aug. 26, 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.

Mihika Industries Business Description

Address Ashok Vatika, B-1810, Navratna Corporate Park, Ambli, Daskroi, Ahmedabad, GJ, IND, 380058
Mihika Industries Ltd is engaged in the trading of agricultural goods, commodities, and agri materials. The company operates only in one business segment, the Agri Trading Business.
34GF Score

Get the complete analysis for BOM:538895

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

₹10.38
Price