Apex Frozen Foods (NSE:APEX) Cyclically Adjusted PS Ratio: 1.08 (As of Jul. 15, 2026) — Near Median

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NSE:APEX Apex Frozen Foods Ltd NSE:APEX
66 GF Score
Price ₹408.05
GF Value ₹258.46
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Apex Frozen Foods Cyclically Adjusted PS Ratio?

Apex Frozen Foods NSE:APEX +1.57% 66 Cyclically Adjusted PS Ratio is 1.08 as of Jul. 15, 2026, which is 4% below its 10-year median of 1.13. GuruFocus rates NSE:APEX with a GF Score™ of 66/100 and a GF Value™ of ₹258.46 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,445 Consumer Packaged Goods companies, Apex Frozen Foods ranks worse than 58.96% on this metric.

As of today (2026-07-15), Apex Frozen Foods's current share price is ₹408.05. Apex Frozen Foods's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹377.73. Apex Frozen Foods's Cyclically Adjusted PS Ratio for today is 1.08.

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

NSE:APEX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1   Med: 1.13   Max: 1.3
Current: 1.03

During the past years, Apex Frozen Foods's highest Cyclically Adjusted PS Ratio was 1.30. The lowest was 1.00. And the median was 1.13.

NSE:APEX's Cyclically Adjusted PS Ratio is ranked worse than
58.96% of 1445 companies
in the Consumer Packaged Goods industry
Industry Median: 0.76 vs NSE:APEX: 1.03

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.

Apex Frozen Foods's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹50.751. 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 ₹377.73 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apex Frozen Foods  (NSE:APEX) 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.


Apex Frozen Foods Cyclically Adjusted PS Ratio Related Terms


Apex Frozen Foods Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Apex Frozen Foods'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.

Apex Frozen Foods Cyclically Adjusted PS Ratio Chart

Apex Frozen Foods 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 0.00 0.96

Apex Frozen Foods 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 0.00 0.00 0.00 0.00 0.96

NSE:APEX vs ADM, BG, TSN: Cyclically Adjusted PS Ratio Comparison

For the Farm Products subindustry, Apex Frozen Foods'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.


Apex Frozen Foods Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Apex Frozen Foods's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Apex Frozen Foods's Cyclically Adjusted PS Ratio falls into.


NSE:APEX
66GF Score
Apex Frozen Foods Ltd NSE:APEX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apex Frozen Foods 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.

Apex Frozen Foods's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=408.05/377.73
=1.08

* 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.

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

For example, Apex Frozen Foods'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)
=50.751/164.2724*164.2724
=50.751

Current CPI (Mar. 2026) = 164.2724.

Apex Frozen Foods Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201612 0.000 105.196 0.000
201703 39.772 105.196 62.107
201709 94.031 109.021 141.685
201712 81.821 109.404 122.856
201803 347.328 109.786 519.704
201806 76.509 111.317 112.906
201809 81.821 115.142 116.734
201812 69.115 115.142 98.606
201903 27.421 118.202 38.109
201906 71.030 120.880 96.528
201909 86.245 123.175 115.021
201912 62.466 126.235 81.288
202003 28.537 124.705 37.591
202006 69.837 127.000 90.333
202009 83.890 130.118 105.910
202012 49.847 130.889 62.560
202103 51.572 131.771 64.293
202106 70.262 134.084 86.081
202109 84.365 135.847 102.018
202112 68.867 138.161 81.883
202203 62.747 138.822 74.251
202206 102.311 142.347 118.069
202209 98.708 144.661 112.090
202212 70.541 145.763 79.499
202303 60.344 146.865 67.497
202306 81.460 150.280 89.045
202309 72.865 151.492 79.012
202312 44.812 152.924 48.137
202403 48.153 153.035 51.689
202406 56.410 155.789 59.482
202409 59.751 157.882 62.169
202412 68.475 158.323 71.048
202503 59.796 157.552 62.347
202506 78.212 159.755 80.424
202509 72.582 162.289 73.469
202512 80.622 163.281 81.112
202603 50.751 164.272 50.751

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 1.08 mean?
Apex Frozen Foods (NSE:APEX) has a Cyclically Adjusted PS Ratio of 1.08 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 Apex Frozen Foods and its competitors. This is near median its historical median of 1.13. Over the past decade, Apex Frozen Foods' Cyclically Adjusted PS Ratio has ranged from 1.00 to 1.30. According to the industry distribution chart, Apex Frozen Foods ranks #852 out of 1445 companies in the Consumer Packaged Goods industry, placing it in the top 59%.
Is Apex Frozen Foods' Cyclically Adjusted PS Ratio too high?
Apex Frozen Foods' current Cyclically Adjusted PS Ratio of 1.08 is near median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 1.30. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.76. Apex Frozen Foods' value of 1.08 is 42.1% above this industry median. Based on the distribution chart, Apex Frozen Foods ranks #852 out of 1445 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Apex Frozen Foods has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apex Frozen Foods' Cyclically Adjusted PS Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Apex Frozen Foods ranks #852 out of 1445 companies for Cyclically Adjusted PS Ratio. This places Apex Frozen Foods in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. Apex Frozen Foods' value of 1.08 is 42.1% above this benchmark. Historically, Apex Frozen Foods' own Cyclically Adjusted PS Ratio has ranged from 1.00 to 1.30 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 0.76, Apex Frozen Foods 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. Apex Frozen Foods's current Cyclically Adjusted PS Ratio of 1.08 is 42.1% 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 Apex Frozen Foods 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. Apex Frozen Foods's current Cyclically Adjusted PS Ratio is 1.08, which is near median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Frozen Foods stock overvalued right now?
Based on GuruFocus' analysis, Apex Frozen Foods (NSE:APEX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹258.46, compared to a current price of ₹408.05 — trading 57.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.08, which is near median its 10-year median of 1.13 and 42.1% above the Consumer Packaged Goods industry median of 0.76. Apex Frozen Foods' overall GF Score™ is 66/100 with 4 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 Apex Frozen Foods (NSE:APEX), the current Cyclically Adjusted PS Ratio is 1.08 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 Apex Frozen Foods (NSE:APEX) Overvalued in 2026?

Based on GuruFocus' analysis, Apex Frozen Foods stock appears to be overvalued. The current stock price of ₹408.05 is trading 57.9% above its estimated GF Value™ of ₹258.46. GuruFocus considers Apex Frozen Foods to be Significantly Overvalued.

Key valuation signals for NSE:APEX:

  • Cyclically Adjusted PS Ratio: 1.08 (near median its 10-year median of 1.13)
  • GF Value™: ₹258.46 vs. price of ₹408.05 (57.9% above fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 42.1% above the Consumer Packaged Goods median (#852 of 1445)

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


Apex Frozen Foods Business Description

Other Exchanges 540692:India
Address 3-160, Panasapadu, East Godavari District, Kakinada, AP, IND, 533005
Apex Frozen Foods Ltd is a producer and exporter of shelf-stable quality aquaculture products. The company supplies ready-to-cook products to food companies, retail chains, restaurants, club stores, and distributors spread across the developed markets of the USA and various European countries. It produces two kinds of shrimps, namely the Whiteleg Shrimp (Litopenaeus Vannamei) and the Black Tiger Shrimp (Penaeus Monodon), which are sold under the brands owned by the company and its customers, namely Bay Fresh, Bay Harvest, and Bay Premium.
66GF Score

Get the complete analysis for NSE:APEX

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

₹408.05
Price
₹258.46
GF Value