Agarwal Industrial (NSE:AGARIND) Cyclically Adjusted PS Ratio: 0.40 (As of Aug. 27, 2026) — 49% Below Median

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NSE:AGARIND Agarwal Industrial Corp Ltd NSE:AGARIND
77 GF Score
Price ₹470.20
GF Value ₹618.13
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Agarwal Industrial Cyclically Adjusted PS Ratio?

Agarwal Industrial NSE:AGARIND -0.34% 77 Cyclically Adjusted PS Ratio is 0.40 as of Aug. 27, 2026, which is 49% below its 10-year median of 0.78. GuruFocus rates NSE:AGARIND with a GF Score™ of 77/100 and a GF Value™ of ₹618.13 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,273 Chemicals companies, Agarwal Industrial ranks better than 83.9% on this metric.

As of today (2026-08-27), Agarwal Industrial's current share price is ₹470.20. Agarwal Industrial's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹1,186.26. Agarwal Industrial's Cyclically Adjusted PS Ratio for today is 0.40.

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

NSE:AGARIND' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.78   Max: 1.3
Current: 0.4

During the past years, Agarwal Industrial's highest Cyclically Adjusted PS Ratio was 1.30. The lowest was 0.15. And the median was 0.78.

NSE:AGARIND's Cyclically Adjusted PS Ratio is ranked better than
83.9% of 1273 companies
in the Chemicals industry
Industry Median: 1.32 vs NSE:AGARIND: 0.40

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.

Agarwal Industrial's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹289.743. 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 ₹1,186.26 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Agarwal Industrial  (NSE:AGARIND) 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.


Agarwal Industrial Cyclically Adjusted PS Ratio Related Terms


Agarwal Industrial Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Agarwal Industrial'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.

Agarwal Industrial Cyclically Adjusted PS Ratio Chart

Agarwal Industrial 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 0.96 0.68 0.84 0.90 0.31

Agarwal Industrial 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 0.83 0.61 0.31 0.45

NSE:AGARIND vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Agarwal Industrial'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.


Agarwal Industrial Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Agarwal Industrial's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:AGARIND
77GF Score
Agarwal Industrial Corp Ltd NSE:AGARIND
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Agarwal Industrial 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.

Agarwal Industrial's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=470.20/1186.26
=0.40

* 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.

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

For example, Agarwal Industrial'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)
=289.743/167.3573*167.3573
=289.743

Current CPI (Jun. 2026) = 167.3573.

Agarwal Industrial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 38.391 105.961 60.636
201612 89.899 105.196 143.021
201703 143.919 105.196 228.962
201706 101.060 107.109 157.906
201709 38.802 109.021 59.564
201712 81.833 109.404 125.182
201803 184.558 109.786 281.338
201806 138.007 111.317 207.485
201809 48.336 115.142 70.256
201812 147.722 115.142 214.712
201903 184.001 118.202 260.519
201906 255.567 120.880 353.831
201909 50.951 123.175 69.227
201912 158.326 126.235 209.902
202003 302.771 124.705 406.326
202006 143.841 127.000 189.549
202009 92.763 130.118 119.312
202012 202.700 130.889 259.176
202103 441.758 131.771 561.062
202106 347.567 134.084 433.816
202109 130.818 135.847 161.162
202112 313.924 138.161 380.264
202203 483.045 138.822 582.337
202206 429.952 142.347 505.493
202209 159.193 144.661 184.169
202212 386.025 145.763 443.214
202303 441.195 146.865 502.757
202306 420.238 150.280 467.992
202309 155.115 151.492 171.360
202312 326.391 152.924 357.196
202403 519.083 153.035 567.665
202406 473.071 155.789 508.200
202409 217.716 157.882 230.782
202412 362.399 158.323 383.079
202503 550.612 157.552 584.881
202506 396.796 159.755 415.678
202509 163.745 162.289 168.859
202512 273.021 163.281 279.837
202603 271.069 164.272 276.159
202606 289.743 167.357 289.743

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 0.40 mean?
Agarwal Industrial (NSE:AGARIND) has a Cyclically Adjusted PS Ratio of 0.40 as of Aug. 27, 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 Agarwal Industrial and its competitors. This is 49% below median its historical median of 0.78. Over the past decade, Agarwal Industrial's Cyclically Adjusted PS Ratio has ranged from 0.15 to 1.30. According to the industry distribution chart, Agarwal Industrial ranks #205 out of 1273 companies in the Chemicals industry, placing it in the top 16.1%.
Is Agarwal Industrial's Cyclically Adjusted PS Ratio too high?
Agarwal Industrial's current Cyclically Adjusted PS Ratio of 0.40 is 49% below median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 1.30. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.32. Agarwal Industrial's value of 0.40 is 69.7% below this industry median. Based on the distribution chart, Agarwal Industrial ranks #205 out of 1273 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Agarwal Industrial has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Agarwal Industrial's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Agarwal Industrial ranks #205 out of 1273 companies for Cyclically Adjusted PS Ratio. This places Agarwal Industrial in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.32. Agarwal Industrial's value of 0.40 is 69.7% below this benchmark. Historically, Agarwal Industrial's own Cyclically Adjusted PS Ratio has ranged from 0.15 to 1.30 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.32, Agarwal Industrial 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.32, based on 1,273 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. Agarwal Industrial's current Cyclically Adjusted PS Ratio of 0.40 is 69.7% 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 Agarwal Industrial and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Agarwal Industrial's current Cyclically Adjusted PS Ratio is 0.40, which is 49% below median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agarwal Industrial stock overvalued right now?
Based on GuruFocus' analysis, Agarwal Industrial (NSE:AGARIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹618.13, compared to a current price of ₹470.20 — trading 23.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.40, which is 49% below median its 10-year median of 0.78 and 69.7% below the Chemicals industry median of 1.32. Agarwal Industrial's overall GF Score™ is 77/100 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 Agarwal Industrial (NSE:AGARIND), the current Cyclically Adjusted PS Ratio is 0.40 as of Aug. 27, 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 Agarwal Industrial (NSE:AGARIND) Overvalued in 2026?

Based on GuruFocus' analysis, Agarwal Industrial stock appears to be undervalued. The current stock price of ₹470.20 is trading 23.9% below its estimated GF Value™ of ₹618.13. GuruFocus considers Agarwal Industrial to be Modestly Undervalued.

Key valuation signals for NSE:AGARIND:

  • Cyclically Adjusted PS Ratio: 0.40 (49% below median its 10-year median of 0.78)
  • GF Value™: ₹618.13 vs. price of ₹470.20 (23.9% below fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 69.7% below the Chemicals median (#205 of 1273)

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


Agarwal Industrial Business Description

Other Exchanges 531921:India
Address S.T. Road, V.N. Purav Marg, Plot Number 12, Eastern Court, Unit No. 201-202, Chembur, Mumbai, MH, IND, 400 071
Agarwal Industrial Corp Ltd is engaged in manufacturing and trading petrochemicals, Bitumen and Liquefied Petroleum Gas (LPG) logistics, and energy generation through windmills. The company's operating segment includes the Ancillary Infra - Bitumen & Allied products; Logistics and Windmill. It generates maximum revenue from the Ancillary Infra - Bitumen & Allied products segment, including Bituminous and Allied Products. The company's product categories include Paving Grade Bitumen; Industrial Grade Bitumen; Bitumen Emulsion for Road Construction; CRMB: Crumb Rubber Modified Bitumen; Polymer Modified bitumen (PMB); Byproducts/Waterproofing materials; and Bituminous Expansion Jointing Boards.
77GF Score

Get the complete analysis for NSE:AGARIND

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

₹470.20
Price
₹618.13
GF Value