GRSXY (Grasim Industries) Cyclically Adjusted PS Ratio: 0.81 (As of Sep. 16, 2026) — 46% Below Median

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GRSXY Grasim Industries Ltd GRSXY
84 GF Score
Price $19.61
GF Value $17.90
! 8 Warning Signs
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What is Grasim Industries Cyclically Adjusted PS Ratio?

Grasim Industries GRSXY 84 Cyclically Adjusted PS Ratio is 0.81 as of Sep. 16, 2026, which is 46% below its 10-year median of 1.50. GuruFocus rates GRSXY with a GF Score™ of 84/100 and a GF Value™ of $17.90. The stock has 8 warning signs investors should review. Among 323 Building Materials companies, Grasim Industries ranks worse than 67.8% on this metric.

As of today (2026-09-16), Grasim Industries's current share price is $19.61. Grasim Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $24.25. Grasim Industries's Cyclically Adjusted PS Ratio for today is 0.81.

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

GRSXY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.5   Max: 1.98
Current: 1.79

During the past years, Grasim Industries's highest Cyclically Adjusted PS Ratio was 1.98. The lowest was 0.48. And the median was 1.50.

GRSXY's Cyclically Adjusted PS Ratio is ranked worse than
67.8% of 323 companies
in the Building Materials industry
Industry Median: 1 vs GRSXY: 1.79

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.

Grasim Industries's adjusted revenue per share data for the three months ended in Jun. 2026 was $7.576. 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 $24.25 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grasim Industries  (OTCPK:GRSXY) 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.


Grasim Industries Cyclically Adjusted PS Ratio Related Terms


Grasim Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Grasim 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.

Grasim Industries Cyclically Adjusted PS Ratio Chart

Grasim 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 1.15 1.06 0.99 0.93 0.85

Grasim 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 0.89 0.87 0.85 0.83 0.81

GRSXY vs CRH, MLM, VMC: Cyclically Adjusted PS Ratio Comparison

For the Building Materials subindustry, Grasim 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.


Grasim Industries Cyclically Adjusted PS Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Grasim Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


GRSXY
84GF Score
Grasim Industries Ltd GRSXY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Grasim 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.61/24.254
=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.

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

For example, Grasim 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)
=7.576/167.3573*167.3573
=7.576

Current CPI (Jun. 2026) = 167.3573.

Grasim Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.674 105.961 4.223
201612 2.720 105.196 4.327
201703 3.180 105.196 5.059
201706 3.254 107.109 5.084
201709 3.198 109.021 4.909
201712 3.540 109.404 5.415
201803 4.083 109.786 6.224
201806 3.808 111.317 5.725
201809 3.867 115.142 5.621
201812 4.087 115.142 5.940
201903 4.819 118.202 6.823
201906 4.378 120.880 6.061
201909 3.959 123.175 5.379
201912 3.957 126.235 5.246
202003 4.043 124.705 5.426
202006 2.609 127.000 3.438
202009 3.658 130.118 4.705
202012 4.308 130.889 5.508
202103 5.077 131.771 6.448
202106 4.091 134.084 5.106
202109 4.613 135.847 5.683
202112 4.933 138.161 5.975
202203 5.800 138.822 6.992
202206 5.504 142.347 6.471
202209 5.218 144.661 6.037
202212 5.278 145.763 6.060
202303 6.166 146.865 7.026
202306 5.728 150.280 6.379
202309 5.531 151.492 6.110
202312 5.820 152.924 6.369
202403 6.849 153.035 7.490
202406 6.115 155.789 6.569
202409 6.121 157.882 6.488
202412 6.237 158.323 6.593
202503 7.531 157.552 8.000
202506 6.900 159.755 7.228
202509 6.730 162.289 6.940
202512 7.322 163.281 7.505
202603 8.223 164.272 8.377
202606 7.576 167.357 7.576

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?
Grasim Industries (GRSXY) has a Cyclically Adjusted PS Ratio of 0.81 as of Sep. 16, 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 Grasim Industries and its competitors. This is 46% below median its historical median of 1.50. Over the past decade, Grasim Industries' Cyclically Adjusted PS Ratio has ranged from 0.48 to 1.98. According to the industry distribution chart, Grasim Industries ranks #219 out of 323 companies in the Building Materials industry, placing it in the top 67.8%.
Is Grasim Industries' Cyclically Adjusted PS Ratio too high?
Grasim Industries' current Cyclically Adjusted PS Ratio of 0.81 is 46% below median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.98. The Building Materials industry median Cyclically Adjusted PS Ratio is 1.00. Grasim Industries' value of 0.81 is 19% below this industry median. Based on the distribution chart, Grasim Industries ranks #219 out of 323 companies in the Building Materials industry, which is below the industry midpoint. Overall, Grasim Industries has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Grasim Industries' Cyclically Adjusted PS Ratio compare to CRH and MLM?
According to the Building Materials industry distribution chart, Grasim Industries ranks #219 out of 323 companies for Cyclically Adjusted PS Ratio. This places Grasim Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.00. Grasim Industries' value of 0.81 is 19% below this benchmark. Historically, Grasim Industries' own Cyclically Adjusted PS Ratio has ranged from 0.48 to 1.98 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 1.00, Grasim 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 Building Materials company?
The median Cyclically Adjusted PS Ratio among Building Materials companies is 1.00, based on 323 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. Grasim Industries's current Cyclically Adjusted PS Ratio of 0.81 is 19% 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 Grasim Industries and its competitors. For the Building Materials industry, the median Cyclically Adjusted PS Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grasim Industries's current Cyclically Adjusted PS Ratio is 0.81, which is 46% below median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grasim Industries stock overvalued right now?
Grasim Industries (GRSXY) has a current Cyclically Adjusted PS Ratio of 0.81. The stock's GF Value™ is $17.90, compared to a current price of $19.61 — trading 9.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.81, which is 46% below median its 10-year median of 1.50 and 19% below the Building Materials industry median of 1.00. Grasim Industries' overall GF Score™ is 84/100 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 Grasim Industries (GRSXY), the current Cyclically Adjusted PS Ratio is 0.81 as of Sep. 16, 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 Grasim Industries (GRSXY) Overvalued in 2026?

Based on GuruFocus' analysis, Grasim Industries stock appears to be overvalued. The current stock price of $19.61 is trading 9.6% above its estimated GF Value™ of $17.90.

Key valuation signals for GRSXY:

  • Cyclically Adjusted PS Ratio: 0.81 (46% below median its 10-year median of 1.50)
  • GF Value™: $17.90 vs. price of $19.61 (9.6% above fair value)
  • GF Score™: 84/100 with 8 warning signs
  • Industry Position: 19% below the Building Materials median (#219 of 323)

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


Grasim Industries Business Description

Other Exchanges GRASIM:India500300:India
Address Sudam Kalu Ahire Marg, A Wing, 2nd Floor, Aditya Birla Centre, Worli, Mumbai, MH, IND, 400030
Grasim Industries Ltd is a cement and viscose staple fibre (VSF) manufacturing firm based in India. The activities of the group fall under the operating segments of Cellulosic Fibres, Chemicals, Building materials, Financial Services, and Others. It derives key revenue from the Building materials segment which covers products like grey cement, paints, white cement, and allied products. Geographically, the company derives a majority of its revenue from the domestic market and the rest from other countries through exports.
84GF Score

Get the complete analysis for GRSXY

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

$19.61
Price
$17.90
GF Value