Girnar Spintex Industries (NSE:ASIL) Cyclically Adjusted PS Ratio: 0.03 (As of Jul. 11, 2026) — 40% Below Median


What is Girnar Spintex Industries Cyclically Adjusted PS Ratio?

Girnar Spintex Industries NSE:ASIL Cyclically Adjusted PS Ratio is 0.03 as of Jul. 11, 2026, which is 40% below its 10-year median of 0.05. The stock has 6 warning signs investors should review.

As of today (2026-07-11), Girnar Spintex Industries's current share price is ₹0.70. Girnar Spintex Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹23.50. Girnar Spintex Industries's Cyclically Adjusted PS Ratio for today is 0.03.

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

NSE:ASIL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.05   Max: 0.06
Current: 0.03

During the past years, Girnar Spintex Industries's highest Cyclically Adjusted PS Ratio was 0.06. The lowest was 0.03. And the median was 0.05.

NSE:ASIL's Cyclically Adjusted PS Ratio is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.64 vs NSE:ASIL: 0.03

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.

Girnar Spintex Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹8.908. 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 ₹23.50 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Girnar Spintex Industries  (NSE:ASIL) 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.


Girnar Spintex Industries Cyclically Adjusted PS Ratio Related Terms


Girnar Spintex Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Girnar Spintex 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.

Girnar Spintex Industries Cyclically Adjusted PS Ratio Chart

Girnar Spintex 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 0.05 0.05 0.04 0.04 0.03

Girnar Spintex 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 0.04 0.04 0.03 0.03 0.03

Girnar Spintex Industries Cyclically Adjusted PS Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Girnar Spintex 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.


Girnar Spintex Industries Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Girnar Spintex Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Girnar Spintex 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.70/23.50
=0.03

* 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.

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

For example, Girnar Spintex 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)
=8.908/164.2724*164.2724
=8.908

Current CPI (Mar. 2026) = 164.2724.

Girnar Spintex Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 0.000 105.196 0.000
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 0.000 109.786 0.000
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 0.000 118.202 0.000
201906 0.877 120.880 1.192
201909 2.365 123.175 3.154
201912 3.358 126.235 4.370
202003 2.990 124.705 3.939
202006 0.587 127.000 0.759
202009 3.019 130.118 3.811
202012 3.000 130.889 3.765
202103 4.490 131.771 5.597
202106 4.088 134.084 5.008
202109 4.291 135.847 5.189
202112 12.172 138.161 14.472
202203 7.494 138.822 8.868
202206 5.965 142.347 6.884
202209 2.731 144.661 3.101
202212 3.116 145.763 3.512
202303 7.163 146.865 8.012
202306 5.805 150.280 6.345
202309 5.347 151.492 5.798
202312 5.338 152.924 5.734
202403 6.756 153.035 7.252
202406 4.859 155.789 5.124
202409 6.278 157.882 6.532
202412 5.845 158.323 6.065
202503 8.058 157.552 8.402
202506 5.989 159.755 6.158
202509 6.544 162.289 6.624
202512 7.468 163.281 7.513
202603 8.908 164.272 8.908

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 0.03 mean?
Girnar Spintex Industries (NSE:ASIL) has a Cyclically Adjusted PS Ratio of 0.03 as of Jul. 11, 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 Girnar Spintex Industries and its competitors. This is 40% below median its historical median of 0.05. Over the past decade, Girnar Spintex Industries' Cyclically Adjusted PS Ratio has ranged from 0.03 to 0.06.
Is Girnar Spintex Industries' Cyclically Adjusted PS Ratio too high?
Girnar Spintex Industries' current Cyclically Adjusted PS Ratio of 0.03 is 40% below median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.06. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.64. Girnar Spintex Industries' value of 0.03 is 95.3% below this industry median.
How does Girnar Spintex Industries' Cyclically Adjusted PS Ratio compare to competitors?
Girnar Spintex Industries' Cyclically Adjusted PS Ratio of 0.03 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Cyclically Adjusted PS Ratio is 0.64. Girnar Spintex Industries' value of 0.03 is 95.3% below this benchmark. Historically, Girnar Spintex Industries' own Cyclically Adjusted PS Ratio has ranged from 0.03 to 0.06 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 0.64, Girnar Spintex Industries 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.64, based on 882 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. Girnar Spintex Industries's current Cyclically Adjusted PS Ratio of 0.03 is 95.3% 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 Girnar Spintex Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Girnar Spintex Industries's current Cyclically Adjusted PS Ratio is 0.03, which is 40% below median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Girnar Spintex Industries stock overvalued right now?
Girnar Spintex Industries (NSE:ASIL) has a current Cyclically Adjusted PS Ratio of 0.03. The stock's GF Value™ is ₹2.18, compared to a current price of ₹0.70 — trading 67.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.03, which is 40% below median its 10-year median of 0.05 and 95.3% below the Manufacturing - Apparel & Accessories industry median of 0.64. 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 Girnar Spintex Industries (NSE:ASIL), the current Cyclically Adjusted PS Ratio is 0.03 as of Jul. 11, 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.

Girnar Spintex Industries Business Description

Address Hupari Kolhapur Road, Gat No. 47 and 48, Sangwade, Taluka Karveer, Kolhapur, MH, IND, 416202
Girnar Spintex Industries Ltd is an India-based company engaged in the business of spinning mills. It earns revenues from cotton sales, fabric sales, waste sales, and yarn sales. The company generates a majority of its revenues from yarn sales.