Berger Paints India (NSE:BERGEPAINT) Cyclically Adjusted PS Ratio: 6.18 (As of Aug. 12, 2026) — 26% Below Median

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NSE:BERGEPAINT Berger Paints India Ltd NSE:BERGEPAINT
92 GF Score
Price ₹534.95
GF Value ₹575.76
Valuation Fairly Valued
! 3 Warning Signs
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What is Berger Paints India Cyclically Adjusted PS Ratio?

Berger Paints India NSE:BERGEPAINT -1.32% 92 Cyclically Adjusted PS Ratio is 6.18 as of Aug. 12, 2026, which is 26% below its 10-year median of 8.31. GuruFocus rates NSE:BERGEPAINT with a GF Score™ of 92/100 and a GF Value™ of ₹575.76 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,274 Chemicals companies, Berger Paints India ranks worse than 88.54% on this metric.

As of today (2026-08-12), Berger Paints India's current share price is ₹534.95. Berger Paints India's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹86.55. Berger Paints India's Cyclically Adjusted PS Ratio for today is 6.18.

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

NSE:BERGEPAINT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.94   Med: 8.31   Max: 13.57
Current: 6.17

During the past years, Berger Paints India's highest Cyclically Adjusted PS Ratio was 13.57. The lowest was 4.94. And the median was 8.31.

NSE:BERGEPAINT's Cyclically Adjusted PS Ratio is ranked worse than
88.54% of 1274 companies
in the Chemicals industry
Industry Median: 1.34 vs NSE:BERGEPAINT: 6.17

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.

Berger Paints India's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹30.755. 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 ₹86.55 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Berger Paints India  (NSE:BERGEPAINT) 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.


Berger Paints India Cyclically Adjusted PS Ratio Related Terms


Berger Paints India Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Berger Paints 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.

Berger Paints India Cyclically Adjusted PS Ratio Chart

Berger Paints 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 10.32 7.60 8.13 6.54 4.88

Berger Paints India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 7.53 6.35 6.52 4.88 5.89

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

For the Specialty Chemicals subindustry, Berger Paints 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.


Berger Paints India Cyclically Adjusted PS Ratio vs Chemicals Industry

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

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


NSE:BERGEPAINT
92GF Score
Berger Paints India Ltd NSE:BERGEPAINT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Berger Paints 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=534.95/86.55
=6.18

* 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.

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

For example, Berger Paints India's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=30.755/166.1454*166.1454
=30.755

Current CPI (Jun. 2026) = 166.1454.

Berger Paints India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 6.678 105.961 10.471
201612 10.116 105.196 15.977
201703 9.582 105.196 15.134
201706 10.680 107.109 16.567
201709 11.032 109.021 16.812
201712 11.464 109.404 17.410
201803 11.103 109.786 16.803
201806 12.739 111.317 19.014
201809 12.795 115.142 18.463
201812 13.960 115.142 20.144
201903 11.862 118.202 16.673
201906 14.728 120.880 20.243
201909 13.733 123.175 18.524
201912 14.803 126.235 19.483
202003 10.764 124.705 14.341
202006 8.048 127.000 10.529
202009 14.985 130.118 19.134
202012 18.178 130.889 23.074
202103 16.710 131.771 21.069
202106 15.458 134.084 19.154
202109 19.063 135.847 23.315
202112 21.847 138.161 26.272
202203 17.825 138.822 21.333
202206 23.684 142.347 27.644
202209 22.891 144.661 26.291
202212 23.057 145.763 26.281
202303 19.646 146.865 22.225
202306 25.990 150.280 28.734
202309 23.722 151.492 26.017
202312 24.717 152.924 26.854
202403 20.778 153.035 22.558
202406 26.490 155.789 28.251
202409 23.768 157.882 25.012
202412 25.504 158.323 26.764
202503 23.217 157.552 24.483
202506 27.467 159.755 28.566
202509 24.260 162.289 24.836
202512 25.640 163.281 26.090
202603 24.588 164.272 24.868
202606 30.755 166.145 30.755

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 6.18 mean?
Berger Paints India (NSE:BERGEPAINT) has a Cyclically Adjusted PS Ratio of 6.18 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 Berger Paints India and its competitors. This is 26% below median its historical median of 8.31. Over the past decade, Berger Paints India's Cyclically Adjusted PS Ratio has ranged from 4.94 to 13.57. According to the industry distribution chart, Berger Paints India ranks #1128 out of 1274 companies in the Chemicals industry, placing it in the top 88.5%.
Is Berger Paints India's Cyclically Adjusted PS Ratio too high?
Berger Paints India's current Cyclically Adjusted PS Ratio of 6.18 is 26% below median its 10-year median of 8.31. Over the past 10 years, this metric has ranged from a low of 4.94 to a high of 13.57. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.34. Berger Paints India's value of 6.18 is 361.2% above this industry median. Based on the distribution chart, Berger Paints India ranks #1128 out of 1274 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Berger Paints India has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Berger Paints India's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Berger Paints India ranks #1128 out of 1274 companies for Cyclically Adjusted PS Ratio. This places Berger Paints India in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Berger Paints India's value of 6.18 is 361.2% above this benchmark. Historically, Berger Paints India's own Cyclically Adjusted PS Ratio has ranged from 4.94 to 13.57 over the past decade. While the company's 10-year median is 8.31 vs. the industry median of 1.34, Berger Paints India has consistently been above 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 1.34, based on 1,274 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. Berger Paints India's current Cyclically Adjusted PS Ratio of 6.18 is 361.2% above 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 Berger Paints India and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Berger Paints India's current Cyclically Adjusted PS Ratio is 6.18, which is 26% below median its own 10-year median of 8.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Berger Paints India stock overvalued right now?
Based on GuruFocus' analysis, Berger Paints India (NSE:BERGEPAINT) is currently considered Fairly Valued. The stock's GF Value™ is ₹575.76, compared to a current price of ₹534.95 — trading 7.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.18, which is 26% below median its 10-year median of 8.31 and 361.2% above the Chemicals industry median of 1.34. Berger Paints India's overall GF Score™ is 92/100 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 Berger Paints India (NSE:BERGEPAINT), the current Cyclically Adjusted PS Ratio is 6.18 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.

Is Berger Paints India (NSE:BERGEPAINT) Overvalued in 2026?

Based on GuruFocus' analysis, Berger Paints India stock appears to be undervalued. The current stock price of ₹534.95 is trading 7.1% below its estimated GF Value™ of ₹575.76. GuruFocus considers Berger Paints India to be Fairly Valued.

Key valuation signals for NSE:BERGEPAINT:

  • Cyclically Adjusted PS Ratio: 6.18 (26% below median its 10-year median of 8.31)
  • GF Value™: ₹575.76 vs. price of ₹534.95 (7.1% below fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 361.2% above the Chemicals median (#1128 of 1274)

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


Berger Paints India Business Description

Other Exchanges 509480:India
Address Plot No. CF-4, Action Area-IC, New Town, Kolkata, WB, IND, 700 017
Berger Paints India Ltd manufactures and sells a variety of paints, coatings, and sealants. The majority of the company's revenue comes from the sale of decorative acrylic paints used for interior and exterior housing, wood coatings, primers, thinners, and putties under the Berger brand name. The company also sells industrial paints to the automotive industry as well as protective and powder coatings used to protect steel, concrete, furniture, hospital items, and garden tools. All the revenue comes from India.
92GF Score

Get the complete analysis for NSE:BERGEPAINT

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

₹534.95
Price
₹575.76
GF Value