Hindalco Industries (FRA:HID) Cyclically Adjusted PS Ratio: 0.81 (As of Jul. 14, 2026) — Near 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.

FRA:HID Hindalco Industries Ltd FRA:HID
74 GF Score
Price €6.30
GF Value €6.49
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Hindalco Industries Cyclically Adjusted PS Ratio?

Hindalco Industries FRA:HID -0.49% 74 Cyclically Adjusted PS Ratio is 0.81 as of Jul. 14, 2026, which is 3% above its 10-year median of 0.79. GuruFocus rates FRA:HID with a GF Score™ of 74/100 and a GF Value™ of €6.49 (Fairly Valued). The stock has 3 warning signs investors should review. Among 576 Metals & Mining companies, Hindalco Industries ranks better than 67.88% on this metric.

As of today (2026-07-14), Hindalco Industries's current share price is €6.30. Hindalco Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €7.78. Hindalco Industries's Cyclically Adjusted PS Ratio for today is 0.81.

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

FRA:HID' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.79   Max: 1.15
Current: 0.98

During the past years, Hindalco Industries's highest Cyclically Adjusted PS Ratio was 1.15. The lowest was 0.64. And the median was 0.79.

FRA:HID's Cyclically Adjusted PS Ratio is ranked better than
67.88% of 576 companies
in the Metals & Mining industry
Industry Median: 2.105 vs FRA:HID: 0.98

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.

Hindalco Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was €3.272. 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 €7.78 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hindalco Industries  (FRA:HID) 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.


Hindalco Industries Cyclically Adjusted PS Ratio Related Terms


Hindalco Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hindalco 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.

Hindalco Industries Cyclically Adjusted PS Ratio Chart

Hindalco 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 0.75 0.90

Hindalco Industries 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 0.75 0.75 0.80 0.92 0.90

FRA:HID vs AA: Cyclically Adjusted PS Ratio Comparison

For the Aluminum subindustry, Hindalco 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.


Hindalco Industries Cyclically Adjusted PS Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hindalco Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:HID
74GF Score
Hindalco Industries Ltd FRA:HID
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hindalco 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.30/7.78
=0.81

* 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.

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

For example, Hindalco Industries'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)
=3.272/164.2724*164.2724
=3.272

Current CPI (Mar. 2026) = 164.2724.

Hindalco Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 1.759 111.317 2.596
201809 1.728 115.142 2.465
201812 1.847 115.142 2.635
201903 1.879 118.202 2.611
201906 1.719 120.880 2.336
201909 1.694 123.175 2.259
201912 1.660 126.235 2.160
202003 1.546 124.705 2.037
202006 1.334 127.000 1.726
202009 1.622 130.118 2.048
202012 1.755 130.889 2.203
202103 2.047 131.771 2.552
202106 2.094 134.084 2.565
202109 2.470 135.847 2.987
202112 2.649 138.161 3.150
202203 2.923 138.822 3.459
202206 3.157 142.347 3.643
202209 3.174 144.661 3.604
202212 2.738 145.763 3.086
202303 2.785 146.865 3.115
202306 2.674 150.280 2.923
202309 2.746 151.492 2.978
202312 2.618 152.924 2.812
202403 2.730 153.035 2.930
202406 2.851 155.789 3.006
202409 2.811 157.882 2.925
202412 2.950 158.323 3.061
202503 3.120 157.552 3.253
202506 2.915 159.755 2.997
202509 2.866 162.289 2.901
202512 2.836 163.281 2.853
202603 3.272 164.272 3.272

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 0.81 mean?
Hindalco Industries (FRA:HID) has a Cyclically Adjusted PS Ratio of 0.81 as of Jul. 14, 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 Hindalco Industries and its competitors. This is near median its historical median of 0.79. Over the past decade, Hindalco Industries' Cyclically Adjusted PS Ratio has ranged from 0.64 to 1.15. According to the industry distribution chart, Hindalco Industries ranks #185 out of 576 companies in the Metals & Mining industry, placing it in the top 32.1%.
Is Hindalco Industries' Cyclically Adjusted PS Ratio too high?
Hindalco Industries' current Cyclically Adjusted PS Ratio of 0.81 is near median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 1.15. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.11. Hindalco Industries' value of 0.81 is 61.5% below this industry median. Based on the distribution chart, Hindalco Industries ranks #185 out of 576 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Hindalco Industries has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hindalco Industries' Cyclically Adjusted PS Ratio compare to AA?
According to the Metals & Mining industry distribution chart, Hindalco Industries ranks #185 out of 576 companies for Cyclically Adjusted PS Ratio. This puts Hindalco Industries in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.11. Hindalco Industries' value of 0.81 is 61.5% below this benchmark. Historically, Hindalco Industries' own Cyclically Adjusted PS Ratio has ranged from 0.64 to 1.15 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 2.11, Hindalco Industries 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 Metals & Mining company?
The median Cyclically Adjusted PS Ratio among Metals & Mining companies is 2.11, based on 576 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. Hindalco Industries's current Cyclically Adjusted PS Ratio of 0.81 is 61.5% 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 Hindalco Industries and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindalco Industries's current Cyclically Adjusted PS Ratio is 0.81, which is near median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindalco Industries stock overvalued right now?
Based on GuruFocus' analysis, Hindalco Industries (FRA:HID) is currently considered Fairly Valued. The stock's GF Value™ is €6.49, compared to a current price of €6.30 — trading 2.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.81, which is near median its 10-year median of 0.79 and 61.5% below the Metals & Mining industry median of 2.11. Hindalco Industries' overall GF Score™ is 74/100 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 Hindalco Industries (FRA:HID), the current Cyclically Adjusted PS Ratio is 0.81 as of Jul. 14, 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 Hindalco Industries (FRA:HID) Overvalued in 2026?

Based on GuruFocus' analysis, Hindalco Industries stock appears to be undervalued. The current stock price of €6.30 is trading 2.9% below its estimated GF Value™ of €6.49. GuruFocus considers Hindalco Industries to be Fairly Valued.

Key valuation signals for FRA:HID:

  • Cyclically Adjusted PS Ratio: 0.81 (near median its 10-year median of 0.79)
  • GF Value™: €6.49 vs. price of €6.30 (2.9% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 61.5% below the Metals & Mining median (#185 of 576)

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


Hindalco Industries Business Description

Other Exchanges HINDALCO:India500440:India
Address Pandurang Budhkar Road, Birla Centurion, 6th & 7th Floor, Worli, Mumbai, MH, IND, 400030
Hindalco Industries Ltd extracts raw materials and produces and sells industrial metals in the below segments: Copper, Aluminum Upstream and Aluminium Downstream, Novelis, and all other Segment. The Copper segment purchases raw materials and produces continuous cast copper rods, copper cathodes, sulphuric acid, gold, and silver. The firm hedges its copper and other precious metals costs through futures contracts in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. The Aluminum segment mines bauxite and produces hydrate and alumina, aluminum, and aluminum-based products. The majority of Hindalco's revenue comes from India. The firm is also expanding internationally with sales and operations across the globe.
74GF Score

Get the complete analysis for FRA:HID

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

€6.30
Price
€6.49
GF Value