Mega Nirman and Industries (BOM:539767) Cyclically Adjusted PS Ratio: 2.81 (As of Sep. 06, 2026) — 10% Above 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:539767 Mega Nirman and Industries Ltd BOM:539767
39 GF Score
Price ₹30.86
! 2 Warning Signs
View Full Analysis

What is Mega Nirman and Industries Cyclically Adjusted PS Ratio?

Mega Nirman and Industries BOM:539767 +1.88% 39 Cyclically Adjusted PS Ratio is 2.81 as of Sep. 06, 2026, which is 10% above its 10-year median of 2.55. GuruFocus rates BOM:539767 with a GF Score™ of 39/100. The stock has 2 warning signs investors should review. Among 801 Retail - Cyclical companies, Mega Nirman and Industries ranks worse than 88.51% on this metric.

As of today (2026-09-06), Mega Nirman and Industries's current share price is ₹30.86. Mega Nirman and Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹10.97. Mega Nirman and Industries's Cyclically Adjusted PS Ratio for today is 2.81.

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

BOM:539767' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 2.55   Max: 4.85
Current: 2.81

During the past years, Mega Nirman and Industries's highest Cyclically Adjusted PS Ratio was 4.85. The lowest was 0.94. And the median was 2.55.

BOM:539767's Cyclically Adjusted PS Ratio is ranked worse than
88.51% of 801 companies
in the Retail - Cyclical industry
Industry Median: 0.52 vs BOM:539767: 2.81

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.

Mega Nirman and Industries's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹0.842. 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 ₹10.97 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mega Nirman and Industries  (BOM:539767) 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.


Mega Nirman and Industries Cyclically Adjusted PS Ratio Related Terms


Mega Nirman and Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mega Nirman and 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.

Mega Nirman and Industries Cyclically Adjusted PS Ratio Chart

Mega Nirman and 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 0.00 2.06 3.74

Mega Nirman and 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 2.42 2.44 4.42 3.74 3.19

BOM:539767 vs TPR: Cyclically Adjusted PS Ratio Comparison

For the Luxury Goods subindustry, Mega Nirman and 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.


Mega Nirman and Industries Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

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

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


BOM:539767
39GF Score
Mega Nirman and Industries Ltd BOM:539767
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mega Nirman and 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.

Mega Nirman and Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.86/10.97
=2.81

* 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.

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

For example, Mega Nirman and 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)
=0.842/167.3573*167.3573
=0.842

Current CPI (Jun. 2026) = 167.3573.

Mega Nirman and Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.188 105.961 0.297
201612 0.264 105.196 0.420
201703 0.159 105.196 0.253
201706 2.465 107.109 3.852
201709 1.284 109.021 1.971
201712 1.370 109.404 2.096
201803 1.362 109.786 2.076
201806 1.475 111.317 2.218
201809 1.495 115.142 2.173
201812 1.557 115.142 2.263
201903 1.633 118.202 2.312
201906 1.429 120.880 1.978
201909 1.461 123.175 1.985
201912 1.652 126.235 2.190
202003 0.949 124.705 1.274
202006 0.000 127.000 0.000
202009 0.000 130.118 0.000
202012 0.000 130.889 0.000
202103 0.000 131.771 0.000
202106 0.000 134.084 0.000
202109 0.000 135.847 0.000
202112 0.000 138.161 0.000
202203 0.000 138.822 0.000
202206 4.508 142.347 5.300
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 0.000 153.035 0.000
202406 0.000 155.789 0.000
202409 0.000 157.882 0.000
202412 15.406 158.323 16.285
202503 5.467 157.552 5.807
202506 1.950 159.755 2.043
202509 1.637 162.289 1.688
202512 2.415 163.281 2.475
202603 1.278 164.272 1.302
202606 0.842 167.357 0.842

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 2.81 mean?
Mega Nirman and Industries (BOM:539767) has a Cyclically Adjusted PS Ratio of 2.81 as of Sep. 06, 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 Mega Nirman and Industries and its competitors. This is 10% above median its historical median of 2.55. Over the past decade, Mega Nirman and Industries' Cyclically Adjusted PS Ratio has ranged from 0.94 to 4.85. According to the industry distribution chart, Mega Nirman and Industries ranks #709 out of 801 companies in the Retail - Cyclical industry, placing it in the top 88.5%.
Is Mega Nirman and Industries' Cyclically Adjusted PS Ratio too high?
Mega Nirman and Industries' current Cyclically Adjusted PS Ratio of 2.81 is 10% above median its 10-year median of 2.55. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 4.85. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.52. Mega Nirman and Industries' value of 2.81 is 440.4% above this industry median. Based on the distribution chart, Mega Nirman and Industries ranks #709 out of 801 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Mega Nirman and Industries has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Mega Nirman and Industries' Cyclically Adjusted PS Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Mega Nirman and Industries ranks #709 out of 801 companies for Cyclically Adjusted PS Ratio. This places Mega Nirman and Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.52. Mega Nirman and Industries' value of 2.81 is 440.4% above this benchmark. Historically, Mega Nirman and Industries' own Cyclically Adjusted PS Ratio has ranged from 0.94 to 4.85 over the past decade. While the company's 10-year median is 2.55 vs. the industry median of 0.52, Mega Nirman and 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 - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.52, based on 801 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. Mega Nirman and Industries's current Cyclically Adjusted PS Ratio of 2.81 is 440.4% 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 Mega Nirman and Industries 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. Mega Nirman and Industries's current Cyclically Adjusted PS Ratio is 2.81, which is 10% above median its own 10-year median of 2.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega Nirman and Industries stock overvalued right now?
Mega Nirman and Industries (BOM:539767) has a current Cyclically Adjusted PS Ratio of 2.81. The current Cyclically Adjusted PS Ratio is 2.81, which is 10% above median its 10-year median of 2.55 and 440.4% above the Retail - Cyclical industry median of 0.52. Mega Nirman and Industries' overall GF Score™ is 39/100 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 Mega Nirman and Industries (BOM:539767), the current Cyclically Adjusted PS Ratio is 2.81 as of Sep. 06, 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.

Mega Nirman and Industries Business Description

Address Bharat Vihar Road, C-1/50,5, Raja Puri, Uttam Nagar, New Delhi, IND, 110059
Mega Nirman and Industries Ltd is involved in the business of investing in, acquire, deal in other precious metals, precious stones, jewelry and buying, selling and dealing, wholesale and retailing, in precious metals, precious stones, jewelry and articles made of precious metals, precious stones articles of virtue and objects of art. The company is engaged in the business of Trading of Precious and Semi-Precious Stones.
39GF Score

Get the complete analysis for BOM:539767

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

₹30.86
Price