Apcotex Industries (NSE:APCOTEXIND) Cyclically Adjusted PS Ratio: 2.88 (As of Jul. 26, 2026) — Near Median

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NSE:APCOTEXIND Apcotex Industries Ltd NSE:APCOTEXIND
86 GF Score
Price ₹561.05
GF Value ₹532.17
Valuation Fairly Valued
! 6 Warning Signs
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What is Apcotex Industries Cyclically Adjusted PS Ratio?

Apcotex Industries NSE:APCOTEXIND +0.08% 86 Cyclically Adjusted PS Ratio is 2.88 as of Jul. 26, 2026, which is 6% below its 10-year median of 3.05. GuruFocus rates NSE:APCOTEXIND with a GF Score™ of 86/100 and a GF Value™ of ₹532.17 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,278 Chemicals companies, Apcotex Industries ranks worse than 74.96% on this metric.

As of today (2026-07-26), Apcotex Industries's current share price is ₹561.05. Apcotex Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹194.85. Apcotex Industries's Cyclically Adjusted PS Ratio for today is 2.88.

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

NSE:APCOTEXIND' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.4   Med: 3.05   Max: 5.62
Current: 2.88

During the past years, Apcotex Industries's highest Cyclically Adjusted PS Ratio was 5.62. The lowest was 1.40. And the median was 3.05.

NSE:APCOTEXIND's Cyclically Adjusted PS Ratio is ranked worse than
74.96% of 1278 companies
in the Chemicals industry
Industry Median: 1.28 vs NSE:APCOTEXIND: 2.88

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.

Apcotex Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹76.677. 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 ₹194.85 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apcotex Industries  (NSE:APCOTEXIND) 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.


Apcotex Industries Cyclically Adjusted PS Ratio Related Terms


Apcotex Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Apcotex 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.

Apcotex Industries Cyclically Adjusted PS Ratio Chart

Apcotex 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 3.18 3.74 2.98 1.98 1.61

Apcotex 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 1.98 2.28 2.17 1.99 1.61

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

For the Specialty Chemicals subindustry, Apcotex 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.


Apcotex Industries Cyclically Adjusted PS Ratio vs Chemicals Industry

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

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


NSE:APCOTEXIND
86GF Score
Apcotex Industries Ltd NSE:APCOTEXIND
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Apcotex 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=561.05/194.85
=2.88

* 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.

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

For example, Apcotex 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)
=76.677/164.2724*164.2724
=76.677

Current CPI (Mar. 2026) = 164.2724.

Apcotex Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 22.568 105.961 34.987
201609 17.810 105.961 27.611
201612 19.897 105.196 31.071
201703 16.533 105.196 25.818
201706 23.118 107.109 35.456
201709 24.887 109.021 37.499
201712 26.595 109.404 39.933
201803 26.516 109.786 39.676
201806 28.861 111.317 42.591
201809 30.889 115.142 44.069
201812 31.590 115.142 45.069
201903 28.806 118.202 40.033
201906 28.290 120.880 38.445
201909 23.964 123.175 31.960
201912 20.809 126.235 27.079
202003 21.339 124.705 28.110
202006 11.575 127.000 14.972
202009 24.892 130.118 31.426
202012 31.726 130.889 39.818
202103 35.491 131.771 44.245
202106 35.749 134.084 43.798
202109 46.908 135.847 56.723
202112 48.411 138.161 57.560
202203 52.385 138.822 61.989
202206 59.095 142.347 68.197
202209 54.621 144.661 62.026
202212 45.165 145.763 50.900
202303 47.363 146.865 52.977
202306 53.622 150.280 58.615
202309 53.799 151.492 58.338
202312 49.631 152.924 53.314
202403 57.683 153.035 61.919
202406 64.821 155.789 68.351
202409 67.626 157.882 70.363
202412 68.562 158.323 71.138
202503 67.356 157.552 70.229
202506 72.567 159.755 74.619
202509 64.954 162.289 65.748
202512 63.859 163.281 64.247
202603 76.677 164.272 76.677

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 2.88 mean?
Apcotex Industries (NSE:APCOTEXIND) has a Cyclically Adjusted PS Ratio of 2.88 as of Jul. 26, 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 Apcotex Industries and its competitors. This is near median its historical median of 3.05. Over the past decade, Apcotex Industries' Cyclically Adjusted PS Ratio has ranged from 1.40 to 5.62. According to the industry distribution chart, Apcotex Industries ranks #958 out of 1278 companies in the Chemicals industry, placing it in the top 75%.
Is Apcotex Industries' Cyclically Adjusted PS Ratio too high?
Apcotex Industries' current Cyclically Adjusted PS Ratio of 2.88 is near median its 10-year median of 3.05. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 5.62. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.28. Apcotex Industries' value of 2.88 is 125% above this industry median. Based on the distribution chart, Apcotex Industries ranks #958 out of 1278 companies in the Chemicals industry, which is below the industry midpoint. Overall, Apcotex Industries has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Apcotex Industries' Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Apcotex Industries ranks #958 out of 1278 companies for Cyclically Adjusted PS Ratio. This places Apcotex Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.28. Apcotex Industries' value of 2.88 is 125% above this benchmark. Historically, Apcotex Industries' own Cyclically Adjusted PS Ratio has ranged from 1.40 to 5.62 over the past decade. While the company's 10-year median is 3.05 vs. the industry median of 1.28, Apcotex Industries 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.28, based on 1,278 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. Apcotex Industries's current Cyclically Adjusted PS Ratio of 2.88 is 125% 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 Apcotex Industries and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apcotex Industries's current Cyclically Adjusted PS Ratio is 2.88, which is near median its own 10-year median of 3.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apcotex Industries stock overvalued right now?
Based on GuruFocus' analysis, Apcotex Industries (NSE:APCOTEXIND) is currently considered Fairly Valued. The stock's GF Value™ is ₹532.17, compared to a current price of ₹561.05 — trading 5.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.88, which is near median its 10-year median of 3.05 and 125% above the Chemicals industry median of 1.28. Apcotex Industries' overall GF Score™ is 86/100 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 Apcotex Industries (NSE:APCOTEXIND), the current Cyclically Adjusted PS Ratio is 2.88 as of Jul. 26, 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 Apcotex Industries (NSE:APCOTEXIND) Overvalued in 2026?

Based on GuruFocus' analysis, Apcotex Industries stock appears to be overvalued. The current stock price of ₹561.05 is trading 5.4% above its estimated GF Value™ of ₹532.17. GuruFocus considers Apcotex Industries to be Fairly Valued.

Key valuation signals for NSE:APCOTEXIND:

  • Cyclically Adjusted PS Ratio: 2.88 (near median its 10-year median of 3.05)
  • GF Value™: ₹532.17 vs. price of ₹561.05 (5.4% above fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 125% above the Chemicals median (#958 of 1278)

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


Apcotex Industries Business Description

Other Exchanges 523694:India
Address B. M. Chinai Marg, NKM International House, 178, Backbay Reclamation, Mumbai, MH, IND, 400020
Apcotex Industries Ltd is an India-based company engaged in producing emulsion polymers. It operates in a single primary business segment, i.e. Synthetic Lattices & Rubber. The various grades of Synthetic Rubber find application in products such as Automotive Components, Hoses, Gaskets, Rice De-husking Rollers, Printing and Industrial Rollers, Friction Materials, Belting, and Footwear. Latexes are used for Paper/Paper Board Coating, Carpet Backing, Tyre Cord Dipping, Construction, and others. Its market coverage includes sales in India and Overseas Countries. The company derives the majority of its revenue from Indian markets.
86GF Score

Get the complete analysis for NSE:APCOTEXIND

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

₹561.05
Price
₹532.17
GF Value