Dalmia Bharat Sugar and Industries (NSE:DALMIASUG) Cyclically Adjusted PS Ratio: 1.16 (As of Aug. 20, 2026) — 18% Above Median

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NSE:DALMIASUG Dalmia Bharat Sugar and Industries Ltd NSE:DALMIASUG
67 GF Score
Price ₹475.55
GF Value ₹384.45
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Dalmia Bharat Sugar and Industries Cyclically Adjusted PS Ratio?

Dalmia Bharat Sugar and Industries NSE:DALMIASUG +5.05% 67 Cyclically Adjusted PS Ratio is 1.16 as of Aug. 20, 2026, which is 18% above its 10-year median of 0.98. GuruFocus rates NSE:DALMIASUG with a GF Score™ of 67/100 and a GF Value™ of ₹384.45 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 1,446 Consumer Packaged Goods companies, Dalmia Bharat Sugar and Industries ranks worse than 61.27% on this metric.

As of today (2026-08-20), Dalmia Bharat Sugar and Industries's current share price is ₹475.55. Dalmia Bharat Sugar and Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹409.16. Dalmia Bharat Sugar and Industries's Cyclically Adjusted PS Ratio for today is 1.16.

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

NSE:DALMIASUG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.71   Med: 0.98   Max: 1.56
Current: 1.12

During the past years, Dalmia Bharat Sugar and Industries's highest Cyclically Adjusted PS Ratio was 1.56. The lowest was 0.71. And the median was 0.98.

NSE:DALMIASUG's Cyclically Adjusted PS Ratio is ranked worse than
61.27% of 1446 companies
in the Consumer Packaged Goods industry
Industry Median: 0.76 vs NSE:DALMIASUG: 1.12

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.

Dalmia Bharat Sugar and Industries's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹93.388. 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 ₹409.16 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dalmia Bharat Sugar and Industries  (NSE:DALMIASUG) 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.


Dalmia Bharat Sugar and Industries Cyclically Adjusted PS Ratio Related Terms


Dalmia Bharat Sugar and Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Dalmia Bharat Sugar and 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.

Dalmia Bharat Sugar and Industries Cyclically Adjusted PS Ratio Chart

Dalmia Bharat Sugar and 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 0.00 0.00 0.00 0.98 1.00

Dalmia Bharat Sugar and Industries 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 1.07 0.91 0.77 1.00 0.80

NSE:DALMIASUG vs MDLZ, HSY, TR: Cyclically Adjusted PS Ratio Comparison

For the Confectioners subindustry, Dalmia Bharat Sugar and 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.


Dalmia Bharat Sugar and Industries Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dalmia Bharat Sugar and Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Dalmia Bharat Sugar and Industries's Cyclically Adjusted PS Ratio falls into.


NSE:DALMIASUG
67GF Score
Dalmia Bharat Sugar and Industries Ltd NSE:DALMIASUG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dalmia Bharat Sugar and 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.

Dalmia Bharat Sugar and Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=475.55/409.16
=1.16

* 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.

Dalmia Bharat Sugar and Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Dalmia Bharat Sugar and Industries'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)
=93.388/167.3573*167.3573
=93.388

Current CPI (Jun. 2026) = 167.3573.

Dalmia Bharat Sugar and Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 31.702 83.774 63.332
201303 33.951 85.687 66.310
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 80.681 111.317 121.299
201809 45.939 115.142 66.772
201812 52.172 115.142 75.831
201903 70.273 118.202 99.497
201906 72.112 120.880 99.839
201909 58.247 123.175 79.140
201912 62.394 126.235 82.719
202003 58.682 124.705 78.753
202006 108.912 127.000 143.521
202009 88.856 130.118 114.286
202012 74.784 130.889 95.620
202103 35.593 131.771 45.205
202106 101.153 134.084 126.254
202109 89.714 135.847 110.524
202112 75.787 138.161 91.803
202203 91.810 138.822 110.682
202206 114.234 142.347 134.304
202209 71.677 144.661 82.923
202212 74.132 145.763 85.115
202303 141.242 146.865 160.950
202306 103.047 150.280 114.757
202309 90.382 151.492 99.847
202312 72.094 152.924 78.898
202403 92.612 153.035 101.280
202406 118.606 155.789 127.413
202409 113.638 157.882 120.458
202412 103.526 158.323 109.434
202503 125.433 157.552 133.240
202506 116.233 159.755 121.764
202509 122.106 162.289 125.919
202512 86.165 163.281 88.316
202603 121.293 164.272 123.571
202606 93.388 167.357 93.388

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 1.16 mean?
Dalmia Bharat Sugar and Industries (NSE:DALMIASUG) has a Cyclically Adjusted PS Ratio of 1.16 as of Aug. 20, 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 Dalmia Bharat Sugar and Industries and its competitors. This is 18% above median its historical median of 0.98. Over the past decade, Dalmia Bharat Sugar and Industries' Cyclically Adjusted PS Ratio has ranged from 0.71 to 1.56. According to the industry distribution chart, Dalmia Bharat Sugar and Industries ranks #886 out of 1446 companies in the Consumer Packaged Goods industry, placing it in the top 61.3%.
Is Dalmia Bharat Sugar and Industries' Cyclically Adjusted PS Ratio too high?
Dalmia Bharat Sugar and Industries' current Cyclically Adjusted PS Ratio of 1.16 is 18% above median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 1.56. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.76. Dalmia Bharat Sugar and Industries' value of 1.16 is 52.6% above this industry median. Based on the distribution chart, Dalmia Bharat Sugar and Industries ranks #886 out of 1446 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Dalmia Bharat Sugar and Industries has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dalmia Bharat Sugar and Industries' Cyclically Adjusted PS Ratio compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Dalmia Bharat Sugar and Industries ranks #886 out of 1446 companies for Cyclically Adjusted PS Ratio. This places Dalmia Bharat Sugar and Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. Dalmia Bharat Sugar and Industries' value of 1.16 is 52.6% above this benchmark. Historically, Dalmia Bharat Sugar and Industries' own Cyclically Adjusted PS Ratio has ranged from 0.71 to 1.56 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 0.76, Dalmia Bharat Sugar and Industries 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.76, based on 1,446 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. Dalmia Bharat Sugar and Industries's current Cyclically Adjusted PS Ratio of 1.16 is 52.6% 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 Dalmia Bharat Sugar and Industries and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dalmia Bharat Sugar and Industries's current Cyclically Adjusted PS Ratio is 1.16, which is 18% above median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dalmia Bharat Sugar and Industries stock overvalued right now?
Based on GuruFocus' analysis, Dalmia Bharat Sugar and Industries (NSE:DALMIASUG) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹384.45, compared to a current price of ₹475.55 — trading 23.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.16, which is 18% above median its 10-year median of 0.98 and 52.6% above the Consumer Packaged Goods industry median of 0.76. Dalmia Bharat Sugar and Industries' overall GF Score™ is 67/100 with 10 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 Dalmia Bharat Sugar and Industries (NSE:DALMIASUG), the current Cyclically Adjusted PS Ratio is 1.16 as of Aug. 20, 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 Dalmia Bharat Sugar and Industries (NSE:DALMIASUG) Overvalued in 2026?

Based on GuruFocus' analysis, Dalmia Bharat Sugar and Industries stock appears to be overvalued. The current stock price of ₹475.55 is trading 23.7% above its estimated GF Value™ of ₹384.45. GuruFocus considers Dalmia Bharat Sugar and Industries to be Modestly Overvalued.

Key valuation signals for NSE:DALMIASUG:

  • Cyclically Adjusted PS Ratio: 1.16 (18% above median its 10-year median of 0.98)
  • GF Value™: ₹384.45 vs. price of ₹475.55 (23.7% above fair value)
  • GF Score™: 67/100 with 10 warning signs
  • Industry Position: 52.6% above the Consumer Packaged Goods median (#886 of 1446)

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


Dalmia Bharat Sugar and Industries Business Description

Other Exchanges 500097:India
Address 15, Barakhamba Road, 4th Floor, Corporate Office, Hansalaya Building, New Delhi, IND, 110001
Dalmia Bharat Sugar and Industries Ltd is mainly engaged in the manufacturing of sugar, generation of power, manufacturing of Industrial alcohol, and manufacturing of refractory products. The group's operating segments are Own Manufactured Sugar, Distillery, and Others. The Own Manufactured Sugar segment of the company derives the majority of its revenue and includes the manufacture and marketing of sugar. The Distillery segment includes the production and sale of ethanol and ENA, and the Others segment includes magnesite, travel, and electronics activities of the company. Geographically, the group has its presence in both domestic and overseas markets, of which the maximum revenue is generated from the domestic market, representing the sale of its products to customers located in India.
67GF Score

Get the complete analysis for NSE:DALMIASUG

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

₹475.55
Price
₹384.45
GF Value