CCL Products (India) (NSE:CCL) Cyclically Adjusted PS Ratio: (As of Jul. 28, 2026)

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:CCL CCL Products (India) Ltd NSE:CCL
93 GF Score
Price ₹1,174.40
GF Value ₹1,181.99
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is CCL Products (India) Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


CCL Products (India)  (NSE:CCL) 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.


CCL Products (India) Cyclically Adjusted PS Ratio Related Terms


CCL Products (India) Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CCL Products (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.

CCL Products (India) Cyclically Adjusted PS Ratio Chart

CCL Products (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 4.14 5.15 4.66 3.91 6.08

CCL Products (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 5.69 5.37 5.76 6.08 0.00

NSE:CCL vs KHC, GIS: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, CCL Products (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.


CCL Products (India) Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, CCL Products (India)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where CCL Products (India)'s Cyclically Adjusted PS Ratio falls into.


NSE:CCL
93GF Score
CCL Products (India) Ltd NSE:CCL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CCL Products (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.

CCL Products (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, CCL Products (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)
=89.972/166.1454*166.1454
=89.972

Current CPI (Jun. 2026) = 166.1454.

CCL Products (India) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 17.117 105.961 26.839
201612 21.749 105.196 34.350
201703 22.477 105.196 35.500
201706 18.529 107.109 28.742
201709 22.253 109.021 33.913
201712 20.605 109.404 31.292
201803 24.111 109.786 36.488
201806 22.161 111.317 33.076
201809 21.877 115.142 31.568
201812 17.587 115.142 25.377
201903 19.734 118.202 27.738
201906 20.565 120.880 28.266
201909 22.434 123.175 30.260
201912 22.738 126.235 29.927
202003 19.900 124.705 26.513
202006 21.718 127.000 28.412
202009 24.230 130.118 30.939
202012 22.259 130.889 28.255
202103 25.193 131.771 31.765
202106 24.546 134.084 30.415
202109 25.311 135.847 30.956
202112 31.837 138.161 38.286
202203 28.282 138.822 33.849
202206 38.239 142.347 44.632
202209 38.044 144.661 43.694
202212 40.224 145.763 45.849
202303 39.102 146.865 44.235
202306 49.192 150.280 54.385
202309 45.623 151.492 50.036
202312 49.874 152.924 54.186
202403 54.503 153.035 59.172
202406 57.994 155.789 61.849
202409 55.300 157.882 58.194
202412 56.901 158.323 59.712
202503 62.687 157.552 66.106
202506 79.265 159.755 82.436
202509 84.457 162.289 86.464
202512 78.791 163.281 80.173
202603 91.840 164.272 92.887
202606 89.972 166.145 89.972

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.

Is CCL Products (India) (NSE:CCL) Overvalued in 2026?

Based on GuruFocus' analysis, CCL Products (India) stock appears to be undervalued. The current stock price of ₹1,174.40 is trading 0.6% below its estimated GF Value™ of ₹1,181.99. GuruFocus considers CCL Products (India) to be Fairly Valued.

Key valuation signals for NSE:CCL:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹1,181.99 vs. price of ₹1,174.40 (0.6% below fair value)
  • GF Score™: 93/100 with 6 warning signs

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


CCL Products (India) Business Description

Other Exchanges 519600:India
Address Ameerpet Road, 7-1-24-2/D, Greendale, Hyderabad, TG, IND, 500016
CCL Products (India) Ltd manufactures and markets a variety of processed coffee internationally. Its product offerings under various brands include spray-dried coffee powder, spray-dried coffee granules, freeze-dried coffee, freeze-concentrated liquid coffee, roasted and ground coffee, roasted coffee beans, and premix coffee. The company sells its products in India, and also in international markets like Singapore, Switzerland, and Vietnam through its subsidiaries.
93GF Score

Get the complete analysis for NSE:CCL

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

₹1,174.40
Price
₹1,181.99
GF Value