Grovy India (BOM:539522) Cyclically Adjusted PS Ratio: 2.70 (As of Sep. 08, 2026) — 34% Above Median

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BOM:539522 Grovy India Ltd BOM:539522
67 GF Score
Price ₹65.48
GF Value ₹74.62
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Grovy India Cyclically Adjusted PS Ratio?

Grovy India BOM:539522 +1.91% 67 Cyclically Adjusted PS Ratio is 2.70 as of Sep. 08, 2026, which is 34% above its 10-year median of 2.02. GuruFocus rates BOM:539522 with a GF Score™ of 67/100 and a GF Value™ of ₹74.62 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 458 Conglomerates companies, Grovy India ranks worse than 79.48% on this metric.

As of today (2026-09-08), Grovy India's current share price is ₹65.48. Grovy India's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹24.24. Grovy India's Cyclically Adjusted PS Ratio for today is 2.70.

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

BOM:539522' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.52   Med: 2.02   Max: 4.22
Current: 2.68

During the past years, Grovy India's highest Cyclically Adjusted PS Ratio was 4.22. The lowest was 1.52. And the median was 2.02.

BOM:539522's Cyclically Adjusted PS Ratio is ranked worse than
79.48% of 458 companies
in the Conglomerates industry
Industry Median: 0.78 vs BOM:539522: 2.68

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.

Grovy India's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹20.685. 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 ₹24.24 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grovy India  (BOM:539522) 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.


Grovy India Cyclically Adjusted PS Ratio Related Terms


Grovy India Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Grovy India'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.

Grovy India Cyclically Adjusted PS Ratio Chart

Grovy India 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 2.16 1.54

Grovy India 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 2.07 1.73 1.99 1.54 2.09

BOM:539522 vs MMM, HON: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Grovy India'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.


Grovy India Cyclically Adjusted PS Ratio vs Conglomerates Industry

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

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


BOM:539522
67GF Score
Grovy India Ltd BOM:539522
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grovy India 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.

Grovy India's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=65.48/24.24
=2.70

* 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.

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

For example, Grovy India'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)
=20.685/167.3573*167.3573
=20.685

Current CPI (Jun. 2026) = 167.3573.

Grovy India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.189 105.961 0.299
201612 4.521 105.196 7.193
201703 1.878 105.196 2.988
201706 0.000 107.109 0.000
201709 10.568 109.021 16.223
201712 0.000 109.404 0.000
201803 0.355 109.786 0.541
201806 3.994 111.317 6.005
201809 0.000 115.142 0.000
201812 8.044 115.142 11.692
201903 3.626 118.202 5.134
201906 6.092 120.880 8.434
201909 3.942 123.175 5.356
201912 5.029 126.235 6.667
202003 6.125 124.705 8.220
202006 0.713 127.000 0.940
202009 2.453 130.118 3.155
202012 8.091 130.889 10.345
202103 1.819 131.771 2.310
202106 4.243 134.084 5.296
202109 5.222 135.847 6.433
202112 5.319 138.161 6.443
202203 7.096 138.822 8.555
202206 4.266 142.347 5.016
202209 2.031 144.661 2.350
202212 2.515 145.763 2.888
202303 7.939 146.865 9.047
202306 3.384 150.280 3.769
202309 4.207 151.492 4.648
202312 4.454 152.924 4.874
202403 2.634 153.035 2.881
202406 0.943 155.789 1.013
202409 0.832 157.882 0.882
202412 14.737 158.323 15.578
202503 2.563 157.552 2.723
202506 6.170 159.755 6.464
202509 11.132 162.289 11.480
202512 2.235 163.281 2.291
202603 5.271 164.272 5.370
202606 20.685 167.357 20.685

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 2.70 mean?
Grovy India (BOM:539522) has a Cyclically Adjusted PS Ratio of 2.70 as of Sep. 08, 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 Grovy India and its competitors. This is 34% above median its historical median of 2.02. Over the past decade, Grovy India's Cyclically Adjusted PS Ratio has ranged from 1.52 to 4.22. According to the industry distribution chart, Grovy India ranks #364 out of 458 companies in the Conglomerates industry, placing it in the top 79.5%.
Is Grovy India's Cyclically Adjusted PS Ratio too high?
Grovy India's current Cyclically Adjusted PS Ratio of 2.70 is 34% above median its 10-year median of 2.02. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 4.22. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.78. Grovy India's value of 2.70 is 246.2% above this industry median. Based on the distribution chart, Grovy India ranks #364 out of 458 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Grovy India has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grovy India's Cyclically Adjusted PS Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Grovy India ranks #364 out of 458 companies for Cyclically Adjusted PS Ratio. This places Grovy India in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.78. Grovy India's value of 2.70 is 246.2% above this benchmark. Historically, Grovy India's own Cyclically Adjusted PS Ratio has ranged from 1.52 to 4.22 over the past decade. While the company's 10-year median is 2.02 vs. the industry median of 0.78, Grovy India 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 0.78, based on 458 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. Grovy India's current Cyclically Adjusted PS Ratio of 2.70 is 246.2% 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 Grovy India and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grovy India's current Cyclically Adjusted PS Ratio is 2.70, which is 34% above median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grovy India stock overvalued right now?
Based on GuruFocus' analysis, Grovy India (BOM:539522) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹74.62, compared to a current price of ₹65.48 — trading 12.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.70, which is 34% above median its 10-year median of 2.02 and 246.2% above the Conglomerates industry median of 0.78. Grovy India's overall GF Score™ is 67/100 with 8 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 Grovy India (BOM:539522), the current Cyclically Adjusted PS Ratio is 2.70 as of Sep. 08, 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 Grovy India (BOM:539522) Overvalued in 2026?

Based on GuruFocus' analysis, Grovy India stock appears to be undervalued. The current stock price of ₹65.48 is trading 12.2% below its estimated GF Value™ of ₹74.62. GuruFocus considers Grovy India to be Modestly Undervalued.

Key valuation signals for BOM:539522:

  • Cyclically Adjusted PS Ratio: 2.70 (34% above median its 10-year median of 2.02)
  • GF Value™: ₹74.62 vs. price of ₹65.48 (12.2% below fair value)
  • GF Score™: 67/100 with 8 warning signs
  • Industry Position: 246.2% above the Conglomerates median (#364 of 458)

No single metric tells the full story. See the BOM:539522 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grovy India Business Description

Address Lajpat Nagar Part II, 122, 1st Floor, Vinobapuri, New Delhi, IND, 110024
Grovy India Ltd is a real estate development company. The company's core segments are real estate development and trading/investment in equity markets. Its construction business is engaged in developing commercial, retail, and residential buildings. Its projects include Serviced Apartments-Rishikesh, Grovy Optiva-Noida, and Y-44 Hauz Khas, among others.
67GF Score

Get the complete analysis for BOM:539522

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

₹65.48
Price
₹74.62
GF Value