Banswara Syntex (NSE:BANSWRAS) Cyclically Adjusted PS Ratio: 0.27 (As of Aug. 01, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:BANSWRAS Banswara Syntex Ltd NSE:BANSWRAS
74 GF Score
Price ₹123.66
GF Value ₹144.30
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Banswara Syntex Cyclically Adjusted PS Ratio?

Banswara Syntex NSE:BANSWRAS -2.32% 74 Cyclically Adjusted PS Ratio is 0.27 as of Aug. 01, 2026, which is 7% below its 10-year median of 0.29. GuruFocus rates NSE:BANSWRAS with a GF Score™ of 74/100 and a GF Value™ of ₹144.30 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 886 Manufacturing - Apparel & Accessories companies, Banswara Syntex ranks better than 73.25% on this metric.

As of today (2026-08-01), Banswara Syntex's current share price is ₹123.66. Banswara Syntex's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹458.89. Banswara Syntex's Cyclically Adjusted PS Ratio for today is 0.27.

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

NSE:BANSWRAS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.29   Max: 0.37
Current: 0.28

During the past years, Banswara Syntex's highest Cyclically Adjusted PS Ratio was 0.37. The lowest was 0.20. And the median was 0.29.

NSE:BANSWRAS's Cyclically Adjusted PS Ratio is ranked better than
73.25% of 886 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.645 vs NSE:BANSWRAS: 0.28

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.

Banswara Syntex's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹106.953. 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 ₹458.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banswara Syntex  (NSE:BANSWRAS) 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.


Banswara Syntex Cyclically Adjusted PS Ratio Related Terms


Banswara Syntex Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Banswara Syntex'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.

Banswara Syntex Cyclically Adjusted PS Ratio Chart

Banswara Syntex 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 0.23 0.25 0.30 0.26 0.21

Banswara Syntex 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 0.26 0.32 0.27 0.25 0.21

Banswara Syntex Cyclically Adjusted PS Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Banswara Syntex'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.


Banswara Syntex Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


NSE:BANSWRAS
74GF Score
Banswara Syntex Ltd NSE:BANSWRAS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banswara Syntex 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.

Banswara Syntex's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=123.66/458.89
=0.27

* 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.

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

For example, Banswara Syntex'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)
=106.953/164.2724*164.2724
=106.953

Current CPI (Mar. 2026) = 164.2724.

Banswara Syntex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 91.834 96.780 155.877
201503 94.228 97.163 159.310
201506 86.730 99.841 142.701
201509 95.955 101.753 154.912
201512 89.176 102.901 142.362
201603 104.787 102.518 167.908
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 86.817 111.317 128.118
201809 107.953 115.142 154.016
201812 99.365 115.142 141.764
201903 94.336 118.202 131.104
201906 98.015 120.880 133.200
201909 98.746 123.175 131.693
201912 97.203 126.235 126.492
202003 76.970 124.705 101.392
202006 25.763 127.000 33.324
202009 62.782 130.118 79.262
202012 65.028 130.889 81.613
202103 73.074 131.771 91.098
202106 61.485 134.084 75.328
202109 88.183 135.847 106.635
202112 87.473 138.161 104.005
202203 105.663 138.822 125.035
202206 103.831 142.347 119.824
202209 118.711 144.661 134.804
202212 107.484 145.763 121.133
202303 101.771 146.865 113.834
202306 88.369 150.280 96.597
202309 92.365 151.492 100.157
202312 88.275 152.924 94.826
202403 93.885 153.035 100.779
202406 79.491 155.789 83.820
202409 100.332 157.882 104.393
202412 98.997 158.323 102.717
202503 99.112 157.552 103.340
202506 89.393 159.755 91.921
202509 100.728 162.289 101.959
202512 99.307 163.281 99.910
202603 106.953 164.272 106.953

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 0.27 mean?
Banswara Syntex (NSE:BANSWRAS) has a Cyclically Adjusted PS Ratio of 0.27 as of Aug. 01, 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 Banswara Syntex and its competitors. This is near median its historical median of 0.29. Over the past decade, Banswara Syntex's Cyclically Adjusted PS Ratio has ranged from 0.20 to 0.37. According to the industry distribution chart, Banswara Syntex ranks #237 out of 886 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 26.7%.
Is Banswara Syntex's Cyclically Adjusted PS Ratio too high?
Banswara Syntex's current Cyclically Adjusted PS Ratio of 0.27 is near median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.37. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.65. Banswara Syntex's value of 0.27 is 58.1% below this industry median. Based on the distribution chart, Banswara Syntex ranks #237 out of 886 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Banswara Syntex has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Banswara Syntex's Cyclically Adjusted PS Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Banswara Syntex ranks #237 out of 886 companies for Cyclically Adjusted PS Ratio. This puts Banswara Syntex in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.65. Banswara Syntex's value of 0.27 is 58.1% below this benchmark. Historically, Banswara Syntex's own Cyclically Adjusted PS Ratio has ranged from 0.20 to 0.37 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 0.65, Banswara Syntex 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 0.65, based on 886 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. Banswara Syntex's current Cyclically Adjusted PS Ratio of 0.27 is 58.1% 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 Banswara Syntex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banswara Syntex's current Cyclically Adjusted PS Ratio is 0.27, which is near median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banswara Syntex stock overvalued right now?
Based on GuruFocus' analysis, Banswara Syntex (NSE:BANSWRAS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹144.30, compared to a current price of ₹123.66 — trading 14.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.27, which is near median its 10-year median of 0.29 and 58.1% below the Manufacturing - Apparel & Accessories industry median of 0.65. Banswara Syntex's overall GF Score™ is 74/100 with 9 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 Banswara Syntex (NSE:BANSWRAS), the current Cyclically Adjusted PS Ratio is 0.27 as of Aug. 01, 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 Banswara Syntex (NSE:BANSWRAS) Overvalued in 2026?

Based on GuruFocus' analysis, Banswara Syntex stock appears to be undervalued. The current stock price of ₹123.66 is trading 14.3% below its estimated GF Value™ of ₹144.30. GuruFocus considers Banswara Syntex to be Modestly Undervalued.

Key valuation signals for NSE:BANSWRAS:

  • Cyclically Adjusted PS Ratio: 0.27 (near median its 10-year median of 0.29)
  • GF Value™: ₹144.30 vs. price of ₹123.66 (14.3% below fair value)
  • GF Score™: 74/100 with 9 warning signs
  • Industry Position: 58.1% below the Manufacturing - Apparel & Accessories median (#237 of 886)

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


Banswara Syntex Business Description

Other Exchanges 503722:India
Address 199, Princess Street, 4th/5th Floor, Gopal Bhawan, Mumbai, MH, IND, 400002
Banswara Syntex Ltd operates in the textile industry. The company's core business is the manufacturing and marketing of spun synthetic blended yarn, wool and wool mix yarn, spun synthetic and worsted fabrics, and cotton & linen fabrics, besides readymade garments. It also produces shirting and technical fabrics. The brands of the company include Uniqlo, Calvin Klein, Marks and Spencer, Next, and others.
74GF Score

Get the complete analysis for NSE:BANSWRAS

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

₹123.66
Price
₹144.30
GF Value