Ballarpur Industries (NSE:BALLARPUR) Cyclically Adjusted PS Ratio: 0.02 (As of Aug. 12, 2026) — Near Median

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NSE:BALLARPUR Ballarpur Industries Ltd NSE:BALLARPUR
4 GF Score
Price ₹257.58
! 3 Warning Signs
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What is Ballarpur Industries Cyclically Adjusted PS Ratio?

Ballarpur Industries NSE:BALLARPUR 4 Cyclically Adjusted PS Ratio is 0.02 as of Aug. 12, 2026, which is at its 10-year median of 0.02. GuruFocus rates NSE:BALLARPUR with a GF Score™ of 4/100. The stock has 3 warning signs investors should review.

As of today (2026-08-12), Ballarpur Industries's current share price is ₹257.57576. Ballarpur Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹12,907.47. Ballarpur Industries's Cyclically Adjusted PS Ratio for today is 0.02.

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

NSE:BALLARPUR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.05
Current: 0.02

During the past years, Ballarpur Industries's highest Cyclically Adjusted PS Ratio was 0.05. The lowest was 0.01. And the median was 0.02.

NSE:BALLARPUR's Cyclically Adjusted PS Ratio is not ranked
in the Forest Products industry.
Industry Median: 0.49 vs NSE:BALLARPUR: 0.02

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.

Ballarpur Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹11.421. 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 ₹12,907.47 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ballarpur Industries  (NSE:BALLARPUR) 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.


Ballarpur Industries Cyclically Adjusted PS Ratio Related Terms


Ballarpur Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ballarpur 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.

Ballarpur Industries Cyclically Adjusted PS Ratio Chart

Ballarpur 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 0.00 0.00 0.01 0.01 0.02

Ballarpur Industries Quarterly Data
Sep19 Dec19 Mar20 Mar21 Mar22 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 0.01 0.02 0.02 0.02 0.02

Ballarpur Industries Cyclically Adjusted PS Ratio Competitor Comparison

For the Paper & Paper Products subindustry, Ballarpur 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.


Ballarpur Industries Cyclically Adjusted PS Ratio vs Forest Products Industry

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

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


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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=257.57576/12907.47
=0.02

* 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.

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

For example, Ballarpur 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)
=11.421/164.2724*164.2724
=11.421

Current CPI (Mar. 2026) = 164.2724.

Ballarpur Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 6,561.840 96.780 11,137.887
201412 5,482.665 96.780 9,306.125
201503 5,683.957 97.163 9,609.813
201506 5,632.481 99.841 9,267.384
201509 5,298.035 101.753 8,553.245
201512 5,080.405 102.901 8,110.428
201603 5,024.318 102.518 8,050.824
201606 4,165.268 105.961 6,457.451
201609 1,940.934 105.961 3,009.047
201612 1,530.574 105.196 2,390.120
201703 1,663.043 105.196 2,596.981
201706 2,159.852 107.109 3,312.561
201709 1,578.104 109.021 2,377.872
201712 1,635.836 109.404 2,456.244
201803 1,706.656 109.786 2,553.654
201806 1,929.394 111.317 2,847.253
201809 2,189.133 115.142 3,123.226
201812 2,242.089 115.142 3,198.778
201903 2,057.216 118.202 2,859.034
201906 2,052.682 120.880 2,789.540
201909 1,917.823 123.175 2,557.706
201912 1,913.800 126.235 2,490.464
202003 1,839.336 124.705 2,422.933
202103 0.000 131.771 0.000
202203 0.000 138.822 0.000
202209 0.000 144.661 0.000
202212 0.000 145.763 0.000
202303 0.000 146.865 0.000
202306 0.000 150.280 0.000
202309 0.000 151.492 0.000
202312 0.178 152.924 0.191
202403 1.313 153.035 1.409
202406 1.887 155.789 1.990
202409 0.809 157.882 0.842
202412 0.185 158.323 0.192
202503 0.498 157.552 0.519
202506 0.332 159.755 0.341
202509 0.306 162.289 0.310
202512 1.957 163.281 1.969
202603 11.421 164.272 11.421

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 0.02 mean?
Ballarpur Industries (NSE:BALLARPUR) has a Cyclically Adjusted PS Ratio of 0.02 as of Aug. 12, 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 Ballarpur Industries and its competitors. This is near median its historical median of 0.02. Over the past decade, Ballarpur Industries' Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.05.
Is Ballarpur Industries' Cyclically Adjusted PS Ratio too high?
Ballarpur Industries' current Cyclically Adjusted PS Ratio of 0.02 is near median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.05. The Forest Products industry median Cyclically Adjusted PS Ratio is 0.49. Ballarpur Industries' value of 0.02 is 95.9% below this industry median. Overall, Ballarpur Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Ballarpur Industries' Cyclically Adjusted PS Ratio compare to competitors?
Ballarpur Industries' Cyclically Adjusted PS Ratio of 0.02 can be compared against companies in the Forest Products industry. The industry median Cyclically Adjusted PS Ratio is 0.49. Ballarpur Industries' value of 0.02 is 95.9% below this benchmark. Historically, Ballarpur Industries' own Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.05 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 0.49, Ballarpur 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 Forest Products company?
The median Cyclically Adjusted PS Ratio among Forest Products companies is 0.49, based on 251 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. Ballarpur Industries's current Cyclically Adjusted PS Ratio of 0.02 is 95.9% 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 Ballarpur Industries and its competitors. For the Forest Products industry, the median Cyclically Adjusted PS Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ballarpur Industries's current Cyclically Adjusted PS Ratio is 0.02, which is near median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ballarpur Industries stock overvalued right now?
Ballarpur Industries (NSE:BALLARPUR) has a current Cyclically Adjusted PS Ratio of 0.02. The current Cyclically Adjusted PS Ratio is 0.02, which is near median its 10-year median of 0.02 and 95.9% below the Forest Products industry median of 0.49. Ballarpur Industries' overall GF Score™ is 4/100 with 3 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 Ballarpur Industries (NSE:BALLARPUR), the current Cyclically Adjusted PS Ratio is 0.02 as of Aug. 12, 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.

Ballarpur Industries Business Description

Address Suren Road, 602, 6th Floor, Boston House, Andheri East, Mumbai, MH, IND, 400093
Ballarpur Industries Ltd is engaged in the business of manufacturing and selling writing and printing paper. The manufacturing operations of the Company are spread over two units, namely Shreegopal (Haryana) and Kamalapuram (Telangana). The Company operates in a single business segment, include manyfacturing of Paper Products. The company's manufactured products are sold both within and outside India.
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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