BASF India (NSE:BASF) Cyclically Adjusted PS Ratio: 1.29 (As of Jul. 16, 2026) — 26% Above Median

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NSE:BASF BASF India Ltd NSE:BASF
77 GF Score
Price ₹3,700.50
GF Value ₹4,357.80
Valuation Modestly Undervalued
! 4 Warning Signs
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What is BASF India Cyclically Adjusted PS Ratio?

BASF India NSE:BASF +2.40% 77 Cyclically Adjusted PS Ratio is 1.29 as of Jul. 16, 2026, which is 26% above its 10-year median of 1.02. GuruFocus rates NSE:BASF with a GF Score™ of 77/100 and a GF Value™ of ₹4,357.80 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,279 Chemicals companies, BASF India ranks better than 52.93% on this metric.

As of today (2026-07-16), BASF India's current share price is ₹3700.50. BASF India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹2,864.06. BASF India's Cyclically Adjusted PS Ratio for today is 1.29.

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

NSE:BASF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.39   Med: 1.02   Max: 2.58
Current: 1.24

During the past years, BASF India's highest Cyclically Adjusted PS Ratio was 2.58. The lowest was 0.39. And the median was 1.02.

NSE:BASF's Cyclically Adjusted PS Ratio is ranked better than
52.93% of 1279 companies
in the Chemicals industry
Industry Median: 1.32 vs NSE:BASF: 1.24

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.

BASF India's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹794.504. 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 ₹2,864.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


BASF India  (NSE:BASF) 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.


BASF India Cyclically Adjusted PS Ratio Related Terms


BASF India Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for BASF India'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.

BASF India Cyclically Adjusted PS Ratio Chart

BASF India 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 1.25 0.82 1.10 1.35 1.12

BASF India 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 1.35 1.53 1.41 1.40 1.12

NSE:BASF vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, BASF India'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.


BASF India Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, BASF India's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:BASF
77GF Score
BASF India Ltd NSE:BASF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BASF India 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3700.50/2864.06
=1.29

* 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.

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

For example, BASF India'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)
=794.504/164.2724*164.2724
=794.504

Current CPI (Mar. 2026) = 164.2724.

BASF India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 321.118 105.961 497.832
201609 296.634 105.961 459.874
201612 258.648 105.196 403.901
201703 293.577 105.196 458.445
201706 348.197 107.109 534.029
201709 331.110 109.021 498.913
201712 293.173 109.404 440.206
201803 308.308 109.786 461.318
201806 374.271 111.317 552.321
201809 385.669 115.142 550.232
201812 323.017 115.142 460.847
201903 302.918 118.202 420.983
201906 371.829 120.880 505.306
201909 477.935 123.175 637.398
201912 464.461 126.235 604.412
202003 435.329 124.705 573.453
202006 411.868 127.000 532.743
202009 567.656 130.118 716.659
202012 578.644 130.889 726.227
202103 646.563 131.771 806.041
202106 695.287 134.084 851.826
202109 785.910 135.847 950.358
202112 759.508 138.161 903.051
202203 781.643 138.822 924.944
202206 896.955 142.347 1,035.108
202209 826.624 144.661 938.687
202212 668.793 145.763 753.719
202303 756.160 146.865 845.787
202306 778.554 150.280 851.044
202309 855.306 151.492 927.463
202312 767.520 152.924 824.476
202403 775.534 153.035 832.484
202406 915.853 155.789 965.726
202409 980.647 157.882 1,020.338
202412 838.963 158.323 870.490
202503 728.689 157.552 759.773
202506 894.682 159.755 919.980
202509 933.906 162.289 945.318
202512 891.466 163.281 896.880
202603 794.504 164.272 794.504

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 1.29 mean?
BASF India (NSE:BASF) has a Cyclically Adjusted PS Ratio of 1.29 as of Jul. 16, 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 BASF India and its competitors. This is 26% above median its historical median of 1.02. Over the past decade, BASF India's Cyclically Adjusted PS Ratio has ranged from 0.39 to 2.58. According to the industry distribution chart, BASF India ranks #602 out of 1279 companies in the Chemicals industry, placing it in the top 47.1%.
Is BASF India's Cyclically Adjusted PS Ratio too high?
BASF India's current Cyclically Adjusted PS Ratio of 1.29 is 26% above median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 2.58. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.32. BASF India's value of 1.29 is 2.3% below this industry median. Based on the distribution chart, BASF India ranks #602 out of 1279 companies in the Chemicals industry, which is above the industry midpoint. Overall, BASF India has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BASF India's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, BASF India ranks #602 out of 1279 companies for Cyclically Adjusted PS Ratio. This puts BASF India in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.32. BASF India's value of 1.29 is 2.3% below this benchmark. Historically, BASF India's own Cyclically Adjusted PS Ratio has ranged from 0.39 to 2.58 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 1.32, BASF India 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.32, based on 1,279 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. BASF India's current Cyclically Adjusted PS Ratio of 1.29 is 2.3% 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 BASF India and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BASF India's current Cyclically Adjusted PS Ratio is 1.29, which is 26% above median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BASF India stock overvalued right now?
Based on GuruFocus' analysis, BASF India (NSE:BASF) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹4,357.80, compared to a current price of ₹3,700.50 — trading 15.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.29, which is 26% above median its 10-year median of 1.02 and 2.3% below the Chemicals industry median of 1.32. BASF India's overall GF Score™ is 77/100 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 BASF India (NSE:BASF), the current Cyclically Adjusted PS Ratio is 1.29 as of Jul. 16, 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 BASF India (NSE:BASF) Overvalued in 2026?

Based on GuruFocus' analysis, BASF India stock appears to be undervalued. The current stock price of ₹3,700.50 is trading 15.1% below its estimated GF Value™ of ₹4,357.80. GuruFocus considers BASF India to be Modestly Undervalued.

Key valuation signals for NSE:BASF:

  • Cyclically Adjusted PS Ratio: 1.29 (26% above median its 10-year median of 1.02)
  • GF Value™: ₹4,357.80 vs. price of ₹3,700.50 (15.1% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 2.3% below the Chemicals median (#602 of 1279)

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


BASF India Business Description

Other Exchanges 500042:India
Address Eastern Express Highway, Unit Nos. 10A, 10B, 10C, 10th Floor, Godrej One, Pirojshanagar, Vikhroli East, Mumbai, MH, IND, 400 079
BASF India Ltd is a subsidiary of BASF SE, and the company manufactures and sells a variety of chemicals. Its segments include the Materials segment produces raw materials for plastics and auto components as well as related consumer products. The industrial solutions segment supplies chemicals for paint, stationery goods, plastic production, and mining. The agricultural solutions segment sells pesticides. The surface technologies segment sells chemicals for coatings, construction, and chemical production. The nutrition and care segment sells ingredients for personal care, cleaning, and nutrition. Chemicals segment supplies intermediates for the petrochemical and pharmaceutical end markets. Other segment includes activities that are not allocated to any of the continued operating divisions.
77GF Score

Get the complete analysis for NSE:BASF

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

₹3,700.50
Price
₹4,357.80
GF Value