BCL Industries (NSE:BCLIND) Cyclically Adjusted PS Ratio: 0.41 (As of Jul. 30, 2026) — 24% Below Median

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NSE:BCLIND BCL Industries Ltd NSE:BCLIND
89 GF Score
Price ₹34.66
GF Value ₹60.32
Valuation Significantly Undervalued
! 3 Warning Signs
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What is BCL Industries Cyclically Adjusted PS Ratio?

BCL Industries NSE:BCLIND +0.29% 89 Cyclically Adjusted PS Ratio is 0.41 as of Jul. 30, 2026, which is 24% below its 10-year median of 0.54. GuruFocus rates NSE:BCLIND with a GF Score™ of 89/100 and a GF Value™ of ₹60.32 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 172 Beverages - Alcoholic companies, BCL Industries ranks better than 82.56% on this metric.

As of today (2026-07-30), BCL Industries's current share price is ₹34.66. BCL Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹84.40. BCL Industries's Cyclically Adjusted PS Ratio for today is 0.41.

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

NSE:BCLIND' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.54   Max: 1.12
Current: 0.42

During the past years, BCL Industries's highest Cyclically Adjusted PS Ratio was 1.12. The lowest was 0.14. And the median was 0.54.

NSE:BCLIND's Cyclically Adjusted PS Ratio is ranked better than
82.56% of 172 companies
in the Beverages - Alcoholic industry
Industry Median: 1.585 vs NSE:BCLIND: 0.42

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.

BCL Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹19.732. 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 ₹84.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


BCL Industries  (NSE:BCLIND) 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.


BCL Industries Cyclically Adjusted PS Ratio Related Terms


BCL Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for BCL 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.

BCL Industries Cyclically Adjusted PS Ratio Chart

BCL 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 0.67 0.56 0.76 0.46 0.31

BCL 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 0.46 0.53 0.49 0.39 0.31

NSE:BCLIND vs BF.B: Cyclically Adjusted PS Ratio Comparison

For the Beverages - Wineries & Distilleries subindustry, BCL 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.


BCL Industries Cyclically Adjusted PS Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, BCL Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:BCLIND
89GF Score
BCL Industries Ltd NSE:BCLIND
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BCL 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=34.66/84.40
=0.41

* 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.

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

For example, BCL 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)
=19.732/164.2724*164.2724
=19.732

Current CPI (Mar. 2026) = 164.2724.

BCL Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 9.190 105.961 14.247
201609 9.257 105.961 14.351
201612 15.222 105.196 23.770
201703 16.138 105.196 25.201
201706 12.113 107.109 18.578
201709 15.222 109.021 22.936
201712 16.473 109.404 24.735
201803 14.551 109.786 21.773
201806 11.946 111.317 17.629
201809 11.567 115.142 16.503
201812 13.692 115.142 19.534
201903 14.079 118.202 19.566
201906 11.172 120.880 15.182
201909 10.825 123.175 14.437
201912 13.849 126.235 18.022
202003 11.672 124.705 15.375
202006 14.360 127.000 18.574
202009 13.843 130.118 17.477
202012 16.474 130.889 20.676
202103 18.716 131.771 23.332
202106 18.566 134.084 22.746
202109 19.077 135.847 23.069
202112 23.330 138.161 27.739
202203 19.871 138.822 23.514
202206 15.508 142.347 17.897
202209 19.134 144.661 21.728
202212 22.119 145.763 24.928
202303 16.075 146.865 17.980
202306 17.040 150.280 18.627
202309 18.734 151.492 20.314
202312 24.387 152.924 26.197
202403 19.583 153.035 21.021
202406 22.761 155.789 24.000
202409 24.517 157.882 25.509
202412 24.896 158.323 25.832
202503 24.390 157.552 25.430
202506 26.888 159.755 27.648
202509 23.450 162.289 23.737
202512 24.624 163.281 24.774
202603 19.732 164.272 19.732

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 0.41 mean?
BCL Industries (NSE:BCLIND) has a Cyclically Adjusted PS Ratio of 0.41 as of Jul. 30, 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 BCL Industries and its competitors. This is 24% below median its historical median of 0.54. Over the past decade, BCL Industries' Cyclically Adjusted PS Ratio has ranged from 0.14 to 1.12. According to the industry distribution chart, BCL Industries ranks #30 out of 172 companies in the Beverages - Alcoholic industry, placing it in the top 17.4%.
Is BCL Industries' Cyclically Adjusted PS Ratio too high?
BCL Industries' current Cyclically Adjusted PS Ratio of 0.41 is 24% below median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 1.12. The Beverages - Alcoholic industry median Cyclically Adjusted PS Ratio is 1.59. BCL Industries' value of 0.41 is 74.1% below this industry median. Based on the distribution chart, BCL Industries ranks #30 out of 172 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, BCL Industries has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BCL Industries' Cyclically Adjusted PS Ratio compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, BCL Industries ranks #30 out of 172 companies for Cyclically Adjusted PS Ratio. This places BCL Industries in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.59. BCL Industries' value of 0.41 is 74.1% below this benchmark. Historically, BCL Industries' own Cyclically Adjusted PS Ratio has ranged from 0.14 to 1.12 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 1.59, BCL 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 Beverages - Alcoholic company?
The median Cyclically Adjusted PS Ratio among Beverages - Alcoholic companies is 1.59, based on 172 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. BCL Industries's current Cyclically Adjusted PS Ratio of 0.41 is 74.1% 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 BCL Industries and its competitors. For the Beverages - Alcoholic industry, the median Cyclically Adjusted PS Ratio is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BCL Industries's current Cyclically Adjusted PS Ratio is 0.41, which is 24% below median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BCL Industries stock overvalued right now?
Based on GuruFocus' analysis, BCL Industries (NSE:BCLIND) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹60.32, compared to a current price of ₹34.66 — trading 42.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.41, which is 24% below median its 10-year median of 0.54 and 74.1% below the Beverages - Alcoholic industry median of 1.59. BCL Industries' overall GF Score™ is 89/100 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 BCL Industries (NSE:BCLIND), the current Cyclically Adjusted PS Ratio is 0.41 as of Jul. 30, 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 BCL Industries (NSE:BCLIND) Overvalued in 2026?

Based on GuruFocus' analysis, BCL Industries stock appears to be undervalued. The current stock price of ₹34.66 is trading 42.5% below its estimated GF Value™ of ₹60.32. GuruFocus considers BCL Industries to be Significantly Undervalued.

Key valuation signals for NSE:BCLIND:

  • Cyclically Adjusted PS Ratio: 0.41 (24% below median its 10-year median of 0.54)
  • GF Value™: ₹60.32 vs. price of ₹34.66 (42.5% below fair value)
  • GF Score™: 89/100 with 3 warning signs
  • Industry Position: 74.1% below the Beverages - Alcoholic median (#30 of 172)

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


BCL Industries Business Description

Other Exchanges 524332:India
Address Hazi Rattan Link Road, Post Box No. 71, Bathinda, PB, IND, 151001
BCL Industries Ltd engages in multiple business activities. It operates through the following segments: Oil and Vanaspati, Distillery Unit, and Real Estate. The Distillery Unit segment which generates maximum revenue, includes production and marketing operations of liquor for human consumption, ENA, and Ethanol. The Oil and Vanaspati segment includes production and marketing operations of oil and vanaspati ghee and other products. The Real Estate segment includes the construction of residential houses.
89GF Score

Get the complete analysis for NSE:BCLIND

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

₹34.66
Price
₹60.32
GF Value