Tandlianwala Sugar Mills (KAR:TSML) Cyclically Adjusted PS Ratio: 2.38 (As of Jul. 15, 2026) — 580% Above Median

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KAR:TSML Tandlianwala Sugar Mills Ltd KAR:TSML
65 GF Score
Price ₨717.50
GF Value ₨117.82
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Tandlianwala Sugar Mills Cyclically Adjusted PS Ratio?

Tandlianwala Sugar Mills KAR:TSML +3.15% 65 Cyclically Adjusted PS Ratio is 2.38 as of Jul. 15, 2026, which is 580% above its 10-year median of 0.35. GuruFocus rates KAR:TSML with a GF Score™ of 65/100 and a GF Value™ of ₨117.82 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,445 Consumer Packaged Goods companies, Tandlianwala Sugar Mills ranks worse than 82.49% on this metric.

As of today (2026-07-15), Tandlianwala Sugar Mills's current share price is ₨717.50. Tandlianwala Sugar Mills's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₨301.97. Tandlianwala Sugar Mills's Cyclically Adjusted PS Ratio for today is 2.38.

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

KAR:TSML' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.35   Max: 3.01
Current: 2.41

During the past years, Tandlianwala Sugar Mills's highest Cyclically Adjusted PS Ratio was 3.01. The lowest was 0.25. And the median was 0.35.

KAR:TSML's Cyclically Adjusted PS Ratio is ranked worse than
82.49% of 1445 companies
in the Consumer Packaged Goods industry
Industry Median: 0.76 vs KAR:TSML: 2.41

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.

Tandlianwala Sugar Mills's adjusted revenue per share data for the three months ended in Mar. 2026 was ₨192.155. 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 ₨301.97 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tandlianwala Sugar Mills  (KAR:TSML) 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.


Tandlianwala Sugar Mills Cyclically Adjusted PS Ratio Related Terms


Tandlianwala Sugar Mills Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tandlianwala Sugar Mills'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.

Tandlianwala Sugar Mills Cyclically Adjusted PS Ratio Chart

Tandlianwala Sugar Mills Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.30 0.27 0.81

Tandlianwala Sugar Mills 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 0.25 0.67 0.81 0.67 0.79

KAR:TSML vs MDLZ, HSY, TR: Cyclically Adjusted PS Ratio Comparison

For the Confectioners subindustry, Tandlianwala Sugar Mills'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.


Tandlianwala Sugar Mills Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tandlianwala Sugar Mills's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tandlianwala Sugar Mills's Cyclically Adjusted PS Ratio falls into.


KAR:TSML
65GF Score
Tandlianwala Sugar Mills Ltd KAR:TSML
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tandlianwala Sugar Mills 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.

Tandlianwala Sugar Mills's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=717.50/301.97
=2.38

* 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.

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

For example, Tandlianwala Sugar Mills'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)
=192.155/330.2130*330.2130
=192.155

Current CPI (Mar. 2026) = 330.2130.

Tandlianwala Sugar Mills Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 56.547 241.018 77.474
201609 28.457 241.428 38.922
201612 29.958 241.432 40.974
201703 37.353 243.801 50.592
201706 25.050 244.955 33.769
201709 25.708 246.819 34.394
201712 20.629 246.524 27.632
201803 25.451 249.554 33.677
201806 49.044 251.989 64.269
201809 53.678 252.439 70.216
201812 46.654 251.233 61.321
201903 71.283 254.202 92.598
201906 87.113 256.143 112.304
201909 26.954 256.759 34.665
201912 41.561 256.974 53.406
202003 63.649 258.115 81.428
202006 40.124 257.797 51.395
202009 35.414 260.280 44.929
202012 35.085 260.474 44.479
202103 85.358 264.877 106.413
202106 71.022 271.696 86.318
202109 38.607 274.310 46.475
202112 59.501 278.802 70.473
202203 114.498 287.504 131.507
202206 53.100 296.311 59.175
202209 48.485 296.808 53.942
202212 72.324 296.797 80.467
202303 149.492 301.836 163.546
202306 77.762 305.109 84.160
202309 59.419 307.789 63.748
202312 56.718 306.746 61.057
202403 168.204 312.332 177.834
202406 49.188 314.175 51.699
202409 51.448 315.301 53.881
202412 58.229 315.605 60.924
202503 146.187 319.799 150.947
202506 52.071 322.561 53.306
202509 86.986 324.800 88.436
202512 132.236 324.054 134.749
202603 192.155 330.213 192.155

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 2.38 mean?
Tandlianwala Sugar Mills (KAR:TSML) has a Cyclically Adjusted PS Ratio of 2.38 as of Jul. 15, 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 Tandlianwala Sugar Mills and its competitors. This is 580% above median its historical median of 0.35. Over the past decade, Tandlianwala Sugar Mills' Cyclically Adjusted PS Ratio has ranged from 0.25 to 3.01. According to the industry distribution chart, Tandlianwala Sugar Mills ranks #1192 out of 1445 companies in the Consumer Packaged Goods industry, placing it in the top 82.5%.
Is Tandlianwala Sugar Mills' Cyclically Adjusted PS Ratio too high?
Tandlianwala Sugar Mills' current Cyclically Adjusted PS Ratio of 2.38 is 580% above median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 3.01. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.76. Tandlianwala Sugar Mills' value of 2.38 is 213.2% above this industry median. Based on the distribution chart, Tandlianwala Sugar Mills ranks #1192 out of 1445 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Tandlianwala Sugar Mills has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tandlianwala Sugar Mills' Cyclically Adjusted PS Ratio compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Tandlianwala Sugar Mills ranks #1192 out of 1445 companies for Cyclically Adjusted PS Ratio. This places Tandlianwala Sugar Mills in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. Tandlianwala Sugar Mills' value of 2.38 is 213.2% above this benchmark. Historically, Tandlianwala Sugar Mills' own Cyclically Adjusted PS Ratio has ranged from 0.25 to 3.01 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.76, Tandlianwala Sugar Mills 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.76, based on 1,445 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. Tandlianwala Sugar Mills's current Cyclically Adjusted PS Ratio of 2.38 is 213.2% 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 Tandlianwala Sugar Mills and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tandlianwala Sugar Mills's current Cyclically Adjusted PS Ratio is 2.38, which is 580% above median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tandlianwala Sugar Mills stock overvalued right now?
Based on GuruFocus' analysis, Tandlianwala Sugar Mills (KAR:TSML) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨117.82, compared to a current price of ₨717.50 — trading 509% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.38, which is 580% above median its 10-year median of 0.35 and 213.2% above the Consumer Packaged Goods industry median of 0.76. Tandlianwala Sugar Mills' overall GF Score™ is 65/100 with 6 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 Tandlianwala Sugar Mills (KAR:TSML), the current Cyclically Adjusted PS Ratio is 2.38 as of Jul. 15, 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 Tandlianwala Sugar Mills (KAR:TSML) Overvalued in 2026?

Based on GuruFocus' analysis, Tandlianwala Sugar Mills stock appears to be overvalued. The current stock price of ₨717.50 is trading 509% above its estimated GF Value™ of ₨117.82. GuruFocus considers Tandlianwala Sugar Mills to be Significantly Overvalued.

Key valuation signals for KAR:TSML:

  • Cyclically Adjusted PS Ratio: 2.38 (580% above median its 10-year median of 0.35)
  • GF Value™: ₨117.82 vs. price of ₨717.50 (509% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 213.2% above the Consumer Packaged Goods median (#1192 of 1445)

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


Tandlianwala Sugar Mills Business Description

Address 66-L, Gulberg-II, Lahore, PB, PAK, 54000
Tandlianwala Sugar Mills Ltd is engaged in the production and sale of white crystalline sugar, ethanol, and other allied by-products. The company operates three sugar mills, two ethanol distilleries, and a carbon Dioxide plant. Its operating segments include the Sugar segment, which involves the production of white sugar and molasses from sugarcane; the Ethanol segment, which focuses on the production of ethanol from molasses; and the Top Gas and other segments, which involve the production of top gas. The majority of the company's revenue is generated from the Sugar segment.
65GF Score

Get the complete analysis for KAR:TSML

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

₨717.50
Price
₨117.82
GF Value