Asahi India Glass (NSE:ASAHIINDIA) Cyclically Adjusted PS Ratio: 5.60 (As of Aug. 24, 2026) — 52% Above Median

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NSE:ASAHIINDIA Asahi India Glass Ltd NSE:ASAHIINDIA
74 GF Score
Price ₹965.75
GF Value ₹785.16
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Asahi India Glass Cyclically Adjusted PS Ratio?

Asahi India Glass NSE:ASAHIINDIA +1.49% 74 Cyclically Adjusted PS Ratio is 5.60 as of Aug. 24, 2026, which is 52% above its 10-year median of 3.69. GuruFocus rates NSE:ASAHIINDIA with a GF Score™ of 74/100 and a GF Value™ of ₹785.16 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,037 Vehicles & Parts companies, Asahi India Glass ranks worse than 94.02% on this metric.

As of today (2026-08-24), Asahi India Glass's current share price is ₹965.75. Asahi India Glass's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹172.41. Asahi India Glass's Cyclically Adjusted PS Ratio for today is 5.60.

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

NSE:ASAHIINDIA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.99   Med: 3.69   Max: 6.22
Current: 5.59

During the past years, Asahi India Glass's highest Cyclically Adjusted PS Ratio was 6.22. The lowest was 0.99. And the median was 3.69.

NSE:ASAHIINDIA's Cyclically Adjusted PS Ratio is ranked worse than
94.02% of 1037 companies
in the Vehicles & Parts industry
Industry Median: 0.74 vs NSE:ASAHIINDIA: 5.59

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.

Asahi India Glass's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹54.626. 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 ₹172.41 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asahi India Glass  (NSE:ASAHIINDIA) 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.


Asahi India Glass Cyclically Adjusted PS Ratio Related Terms


Asahi India Glass Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Asahi India Glass'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.

Asahi India Glass Cyclically Adjusted PS Ratio Chart

Asahi India Glass 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 2.95 3.06 3.54 3.81 4.69

Asahi India Glass 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 4.69 5.18 6.05 4.69 4.93

NSE:ASAHIINDIA vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, Asahi India Glass'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.


Asahi India Glass Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Asahi India Glass's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Asahi India Glass's Cyclically Adjusted PS Ratio falls into.


NSE:ASAHIINDIA
74GF Score
Asahi India Glass Ltd NSE:ASAHIINDIA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahi India Glass 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.

Asahi India Glass's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=965.75/172.41
=5.60

* 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.

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

For example, Asahi India Glass'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)
=54.626/167.3573*167.3573
=54.626

Current CPI (Jun. 2026) = 167.3573.

Asahi India Glass Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 25.973 105.961 41.022
201612 23.686 105.196 37.682
201703 23.852 105.196 37.946
201706 24.729 107.109 38.639
201709 25.817 109.021 39.631
201712 25.938 109.404 39.678
201803 30.642 109.786 46.710
201806 30.415 111.317 45.727
201809 31.190 115.142 45.334
201812 28.033 115.142 40.746
201903 29.337 118.202 41.537
201906 29.371 120.880 40.664
201909 26.539 123.175 36.058
201912 28.076 126.235 37.222
202003 23.948 124.705 32.139
202006 9.337 127.000 12.304
202009 26.019 130.118 33.466
202012 30.724 130.889 39.284
202103 32.953 131.771 41.853
202106 24.762 134.084 30.907
202109 32.726 135.847 40.317
202112 33.905 138.161 41.070
202203 38.074 138.822 45.900
202206 37.919 142.347 44.581
202209 41.709 144.661 48.253
202212 41.357 145.763 47.484
202303 42.965 146.865 48.960
202306 44.358 150.280 49.399
202309 45.889 151.492 50.695
202312 42.711 152.924 46.742
202403 44.193 153.035 48.329
202406 46.309 155.789 49.748
202409 47.479 157.882 50.328
202412 46.337 158.323 48.981
202503 47.199 157.552 50.137
202506 50.114 159.755 52.499
202509 44.816 162.289 46.216
202512 47.833 163.281 49.027
202603 52.026 164.272 53.003
202606 54.626 167.357 54.626

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 5.60 mean?
Asahi India Glass (NSE:ASAHIINDIA) has a Cyclically Adjusted PS Ratio of 5.60 as of Aug. 24, 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 Asahi India Glass and its competitors. This is 52% above median its historical median of 3.69. Over the past decade, Asahi India Glass' Cyclically Adjusted PS Ratio has ranged from 0.99 to 6.22. According to the industry distribution chart, Asahi India Glass ranks #975 out of 1037 companies in the Vehicles & Parts industry, placing it in the top 94%.
Is Asahi India Glass' Cyclically Adjusted PS Ratio too high?
Asahi India Glass' current Cyclically Adjusted PS Ratio of 5.60 is 52% above median its 10-year median of 3.69. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 6.22. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.74. Asahi India Glass' value of 5.60 is 656.8% above this industry median. Based on the distribution chart, Asahi India Glass ranks #975 out of 1037 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Asahi India Glass has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi India Glass' Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Asahi India Glass ranks #975 out of 1037 companies for Cyclically Adjusted PS Ratio. This places Asahi India Glass in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.74. Asahi India Glass' value of 5.60 is 656.8% above this benchmark. Historically, Asahi India Glass' own Cyclically Adjusted PS Ratio has ranged from 0.99 to 6.22 over the past decade. While the company's 10-year median is 3.69 vs. the industry median of 0.74, Asahi India Glass 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.74, based on 1,037 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. Asahi India Glass's current Cyclically Adjusted PS Ratio of 5.60 is 656.8% 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 Asahi India Glass and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi India Glass's current Cyclically Adjusted PS Ratio is 5.60, which is 52% above median its own 10-year median of 3.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi India Glass stock overvalued right now?
Based on GuruFocus' analysis, Asahi India Glass (NSE:ASAHIINDIA) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹785.16, compared to a current price of ₹965.75 — trading 23% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.60, which is 52% above median its 10-year median of 3.69 and 656.8% above the Vehicles & Parts industry median of 0.74. Asahi India Glass' overall GF Score™ is 74/100 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 Asahi India Glass (NSE:ASAHIINDIA), the current Cyclically Adjusted PS Ratio is 5.60 as of Aug. 24, 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 Asahi India Glass (NSE:ASAHIINDIA) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi India Glass stock appears to be overvalued. The current stock price of ₹965.75 is trading 23% above its estimated GF Value™ of ₹785.16. GuruFocus considers Asahi India Glass to be Modestly Overvalued.

Key valuation signals for NSE:ASAHIINDIA:

  • Cyclically Adjusted PS Ratio: 5.60 (52% above median its 10-year median of 3.69)
  • GF Value™: ₹785.16 vs. price of ₹965.75 (23% above fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 656.8% above the Vehicles & Parts median (#975 of 1037)

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


Asahi India Glass Business Description

Other Exchanges 515030:India
Address Mehrauli - Gurgaon Road, Global Business Park, Tower-D, 3rd and 11th Floor, Gurugram, HR, IND, 122 002
Asahi India Glass Ltd is a manufacturer of glass products and solutions. The company offers automotive glass products, architectural glass products, windshield repair and replacement services in India, commercial and private-living glass solutions, glass integration and installation services, and special-purpose glass solutions such as noise-canceling windows, energy-saving windows, and safety glasses. The Group has three segments namely a) Automotive, b) Building and Construction (Architectural), and c) Consumer Glass. Asahi India Glass business segment by revenue, automotive glass products, produces various glass windshields and integrated products and solutions, such as rain-sensor windshields, heated windshields, and other related products.
74GF Score

Get the complete analysis for NSE:ASAHIINDIA

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

₹965.75
Price
₹785.16
GF Value