Castrol India (NSE:CASTROLIND) Cyclically Adjusted PS Ratio: 3.43 (As of Aug. 02, 2026) — 13% Above Median

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NSE:CASTROLIND Castrol India Ltd NSE:CASTROLIND
82 GF Score
Price ₹185.21
GF Value ₹217.39
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Castrol India Cyclically Adjusted PS Ratio?

Castrol India NSE:CASTROLIND +0.21% 82 Cyclically Adjusted PS Ratio is 3.43 as of Aug. 02, 2026, which is 13% above its 10-year median of 3.03. GuruFocus rates NSE:CASTROLIND with a GF Score™ of 82/100 and a GF Value™ of ₹217.39 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 707 Oil & Gas companies, Castrol India ranks worse than 82.46% on this metric.

As of today (2026-08-02), Castrol India's current share price is ₹185.21. Castrol India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹53.92. Castrol India's Cyclically Adjusted PS Ratio for today is 3.43.

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

NSE:CASTROLIND' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.2   Med: 3.03   Max: 5.26
Current: 3.43

During the past years, Castrol India's highest Cyclically Adjusted PS Ratio was 5.26. The lowest was 2.20. And the median was 3.03.

NSE:CASTROLIND's Cyclically Adjusted PS Ratio is ranked worse than
82.46% of 707 companies
in the Oil & Gas industry
Industry Median: 1.06 vs NSE:CASTROLIND: 3.43

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.

Castrol India's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹15.632. 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 ₹53.92 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Castrol India  (NSE:CASTROLIND) 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.


Castrol India Cyclically Adjusted PS Ratio Related Terms


Castrol India Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Castrol 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.

Castrol India Cyclically Adjusted PS Ratio Chart

Castrol India Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.67 2.58 3.61 3.84 3.60

Castrol 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 3.96 4.27 3.77 3.60 3.22

NSE:CASTROLIND vs MPC, VLO, PSX: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Castrol 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.


Castrol India Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Castrol India's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:CASTROLIND
82GF Score
Castrol India Ltd NSE:CASTROLIND
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Castrol 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=185.21/53.92
=3.43

* 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.

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

For example, Castrol 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)
=15.632/164.2724*164.2724
=15.632

Current CPI (Mar. 2026) = 164.2724.

Castrol India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 9.815 105.961 15.216
201609 7.710 105.961 11.953
201612 7.910 105.196 12.352
201703 8.921 105.196 13.931
201706 8.773 107.109 13.455
201709 8.701 109.021 13.111
201712 9.816 109.404 14.739
201803 9.383 109.786 14.040
201806 10.284 111.317 15.176
201809 9.368 115.142 13.365
201812 10.239 115.142 14.608
201903 9.868 118.202 13.714
201906 10.527 120.880 14.306
201909 8.564 123.175 11.421
201912 10.060 126.235 13.091
202003 6.979 124.705 9.193
202006 4.951 127.000 6.404
202009 8.935 130.118 11.280
202012 9.274 130.889 11.639
202103 11.499 131.771 14.335
202106 9.020 134.084 11.051
202109 12.061 135.847 14.585
202112 10.873 138.161 12.928
202203 12.498 138.822 14.789
202206 12.582 142.347 14.520
202209 11.320 144.661 12.855
202212 11.722 145.763 13.211
202303 13.099 146.865 14.652
202306 13.499 150.280 14.756
202309 11.986 151.492 12.997
202312 12.572 152.924 13.505
202403 13.422 153.035 14.408
202406 14.146 155.789 14.916
202409 13.041 157.882 13.569
202412 13.669 158.323 14.183
202503 14.375 157.552 14.988
202506 15.152 159.755 15.580
202509 13.759 162.289 13.927
202512 14.536 163.281 14.624
202603 15.632 164.272 15.632

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 3.43 mean?
Castrol India (NSE:CASTROLIND) has a Cyclically Adjusted PS Ratio of 3.43 as of Aug. 02, 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 Castrol India and its competitors. This is 13% above median its historical median of 3.03. Over the past decade, Castrol India's Cyclically Adjusted PS Ratio has ranged from 2.20 to 5.26. According to the industry distribution chart, Castrol India ranks #583 out of 707 companies in the Oil & Gas industry, placing it in the top 82.5%.
Is Castrol India's Cyclically Adjusted PS Ratio too high?
Castrol India's current Cyclically Adjusted PS Ratio of 3.43 is 13% above median its 10-year median of 3.03. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 5.26. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.06. Castrol India's value of 3.43 is 223.6% above this industry median. Based on the distribution chart, Castrol India ranks #583 out of 707 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Castrol India has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Castrol India's Cyclically Adjusted PS Ratio compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Castrol India ranks #583 out of 707 companies for Cyclically Adjusted PS Ratio. This places Castrol India in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.06. Castrol India's value of 3.43 is 223.6% above this benchmark. Historically, Castrol India's own Cyclically Adjusted PS Ratio has ranged from 2.20 to 5.26 over the past decade. While the company's 10-year median is 3.03 vs. the industry median of 1.06, Castrol 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 an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.06, based on 707 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. Castrol India's current Cyclically Adjusted PS Ratio of 3.43 is 223.6% 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 Castrol India and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Castrol India's current Cyclically Adjusted PS Ratio is 3.43, which is 13% above median its own 10-year median of 3.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Castrol India stock overvalued right now?
Based on GuruFocus' analysis, Castrol India (NSE:CASTROLIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹217.39, compared to a current price of ₹185.21 — trading 14.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.43, which is 13% above median its 10-year median of 3.03 and 223.6% above the Oil & Gas industry median of 1.06. Castrol India's overall GF Score™ is 82/100 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 Castrol India (NSE:CASTROLIND), the current Cyclically Adjusted PS Ratio is 3.43 as of Aug. 02, 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 Castrol India (NSE:CASTROLIND) Overvalued in 2026?

Based on GuruFocus' analysis, Castrol India stock appears to be undervalued. The current stock price of ₹185.21 is trading 14.8% below its estimated GF Value™ of ₹217.39. GuruFocus considers Castrol India to be Modestly Undervalued.

Key valuation signals for NSE:CASTROLIND:

  • Cyclically Adjusted PS Ratio: 3.43 (13% above median its 10-year median of 3.03)
  • GF Value™: ₹217.39 vs. price of ₹185.21 (14.8% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 223.6% above the Oil & Gas median (#583 of 707)

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


Castrol India Business Description

Industry EnergyOil & Gas
Other Exchanges 500870:India
Address Mahakali Caves Road, Technopolis Knowledge Park, Andheri East, Mumbai, MH, IND, 400093
Castrol India Ltd is principally engaged in the manufacturing and marketing of automotive and industrial lubricants and related services. It sells its products under the Castrol brand. The company's reportable business segment consists of a single segment: lubricants. The majority of all revenue comes from India.
82GF Score

Get the complete analysis for NSE:CASTROLIND

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

₹185.21
Price
₹217.39
GF Value