Goblin India (BOM:542850) Cyclically Adjusted PS Ratio: 0.15 (As of Aug. 30, 2026) — Near Median

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BOM:542850 Goblin India Ltd BOM:542850
67 GF Score
Price ₹8.89
GF Value ₹41.98
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Goblin India Cyclically Adjusted PS Ratio?

Goblin India BOM:542850 +7.76% 67 Cyclically Adjusted PS Ratio is 0.15 as of Aug. 30, 2026, which is 7% above its 10-year median of 0.14. GuruFocus rates BOM:542850 with a GF Score™ of 67/100 and a GF Value™ of ₹41.98 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 888 Manufacturing - Apparel & Accessories companies, Goblin India ranks better than 87.5% on this metric.

As of today (2026-08-30), Goblin India's current share price is ₹8.89. Goblin India's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was ₹59.82. Goblin India's Cyclically Adjusted PS Ratio for today is 0.15.

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

BOM:542850' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.14   Max: 0.16
Current: 0.15

During the past 10 years, Goblin India's highest Cyclically Adjusted PS Ratio was 0.16. The lowest was 0.12. And the median was 0.14.

BOM:542850's Cyclically Adjusted PS Ratio is ranked better than
87.5% of 888 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.64 vs BOM:542850: 0.15

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.

Goblin India's adjusted revenue per share data of for the fiscal year that ended in Mar26 was ₹40.073. 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 ₹59.82 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Goblin India  (BOM:542850) 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.


Goblin India Cyclically Adjusted PS Ratio Related Terms


Goblin India Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Goblin 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.

Goblin India Cyclically Adjusted PS Ratio Chart

Goblin 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 0.00 0.10

Goblin India Semi-Annual Data
Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 0.00 0.00 0.00 0.10

BOM:542850 vs NKE, DECK, ONON: Cyclically Adjusted PS Ratio Comparison

For the Footwear & Accessories subindustry, Goblin 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.


Goblin India Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Goblin India's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:542850
67GF Score
Goblin India Ltd BOM:542850
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goblin 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.89/59.82
=0.15

* 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.

Goblin India's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Goblin India's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=40.073/164.2724*164.2724
=40.073

Current CPI (Mar26) = 164.2724.

Goblin India Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 50.159 105.196 78.327
201803 58.157 109.786 87.020
201903 65.374 118.202 90.854
202003 95.706 124.705 126.072
202103 37.737 131.771 47.045
202203 17.975 138.822 21.270
202303 28.007 146.865 31.327
202403 32.150 153.035 34.511
202503 40.028 157.552 41.735
202603 40.073 164.272 40.073

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 0.15 mean?
Goblin India (BOM:542850) has a Cyclically Adjusted PS Ratio of 0.15 as of Aug. 30, 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 Goblin India and its competitors. This is near median its historical median of 0.14. Over the past decade, Goblin India's Cyclically Adjusted PS Ratio has ranged from 0.12 to 0.16. According to the industry distribution chart, Goblin India ranks #111 out of 888 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 12.5%.
Is Goblin India's Cyclically Adjusted PS Ratio too high?
Goblin India's current Cyclically Adjusted PS Ratio of 0.15 is near median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.16. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.64. Goblin India's value of 0.15 is 76.6% below this industry median. Based on the distribution chart, Goblin India ranks #111 out of 888 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Goblin India has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Goblin India's Cyclically Adjusted PS Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Goblin India ranks #111 out of 888 companies for Cyclically Adjusted PS Ratio. This places Goblin India in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.64. Goblin India's value of 0.15 is 76.6% below this benchmark. Historically, Goblin India's own Cyclically Adjusted PS Ratio has ranged from 0.12 to 0.16 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 0.64, Goblin India has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.64, based on 888 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. Goblin India's current Cyclically Adjusted PS Ratio of 0.15 is 76.6% below 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 Goblin India and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goblin India's current Cyclically Adjusted PS Ratio is 0.15, which is near median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goblin India stock overvalued right now?
Based on GuruFocus' analysis, Goblin India (BOM:542850) is currently considered Possible Value Trap. The stock's GF Value™ is ₹41.98, compared to a current price of ₹8.89 — trading 78.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.15, which is near median its 10-year median of 0.14 and 76.6% below the Manufacturing - Apparel & Accessories industry median of 0.64. Goblin India's overall GF Score™ is 67/100 with 3 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 Goblin India (BOM:542850), the current Cyclically Adjusted PS Ratio is 0.15 as of Aug. 30, 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 Goblin India (BOM:542850) Overvalued in 2026?

Based on GuruFocus' analysis, Goblin India stock appears to be undervalued. The current stock price of ₹8.89 is trading 78.8% below its estimated GF Value™ of ₹41.98. GuruFocus considers Goblin India to be Possible Value Trap.

Key valuation signals for BOM:542850:

  • Cyclically Adjusted PS Ratio: 0.15 (near median its 10-year median of 0.14)
  • GF Value™: ₹41.98 vs. price of ₹8.89 (78.8% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 76.6% below the Manufacturing - Apparel & Accessories median (#111 of 888)

No single metric tells the full story. See the BOM:542850 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goblin India Business Description

Address Stadium Commercial Road, Camex House, 1st Floor, Navrangpura, Ahmedabad, GJ, IND, 380009
Goblin India Ltd is engaged in the manufacturing of travel gear solutions. The company offers a variety of Travelling Gears, including Hard Luggage, Soft Luggage, and other accessories like wallets, purses, and travel neck pillows. Geographically, operating in India. The company is operating only one business segment of trading in luggage bags, travel accessories, and corporate gifts. The company's products include office bags, trolley bags, overnight bags, etc.
67GF Score

Get the complete analysis for BOM:542850

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

₹8.89
Price
₹41.98
GF Value