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Excel IndustriesNSE:EXCELINDUS +1.60%73 Cyclically Adjusted PS Ratio is 1.22 as of Aug. 13, 2026, which is 10% below its 10-year median of 1.36. GuruFocus rates NSE:EXCELINDUS with a GF Score™ of 73/100 and a GF Value™ of ₹1,167.76 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,272 Chemicals companies, Excel Industries ranks better than 53.3% on this metric.
The historical rank and industry rank for Excel Industries's Cyclically Adjusted PS Ratio or its related term are showing as below:
NSE:EXCELINDUS'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.01 Med: 1.36 Max: 2.03
Current: 1.21
During the past years, Excel Industries's highest Cyclically Adjusted PS Ratio was 2.03. The lowest was 1.01. And the median was 1.36.
NSE:EXCELINDUS's Cyclically Adjusted PS Ratio is ranked better than 53.3% of 1272
companies
in the Chemicals industry
Industry Median: 1.34
vs NSE:EXCELINDUS: 1.21
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.
Excel Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹223.753. 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 ₹849.62 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Excel Industries (NSE:EXCELINDUS) 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.
Excel Industries Cyclically Adjusted PS Ratio Related Terms
Excel Industries Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Excel 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.
Excel Industries Cyclically Adjusted PS Ratio Chart
NSE:EXCELINDUS vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison
For the Specialty Chemicals subindustry, Excel 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.
Excel Industries Cyclically Adjusted PS Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Excel Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Excel Industries's Cyclically Adjusted PS Ratio falls into.
Excel 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.
Excel Industries's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 1.22 mean?
Excel Industries (NSE:EXCELINDUS) has a Cyclically Adjusted PS Ratio of 1.22 as of Aug. 13, 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 Excel Industries and its competitors. This is 10% below median its historical median of 1.36. Over the past decade, Excel Industries' Cyclically Adjusted PS Ratio has ranged from 1.01 to 2.03. According to the industry distribution chart, Excel Industries ranks #594 out of 1272 companies in the Chemicals industry, placing it in the top 46.7%.
Is Excel Industries' Cyclically Adjusted PS Ratio too high?
Excel Industries' current Cyclically Adjusted PS Ratio of 1.22 is 10% below median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 2.03. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.34. Excel Industries' value of 1.22 is 9% below this industry median. Based on the distribution chart, Excel Industries ranks #594 out of 1272 companies in the Chemicals industry, which is above the industry midpoint. Overall, Excel Industries has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Excel Industries' Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Excel Industries ranks #594 out of 1272 companies for Cyclically Adjusted PS Ratio. This puts Excel Industries in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Excel Industries' value of 1.22 is 9% below this benchmark. Historically, Excel Industries' own Cyclically Adjusted PS Ratio has ranged from 1.01 to 2.03 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 1.34, Excel 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.34, based on 1,272 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. Excel Industries's current Cyclically Adjusted PS Ratio of 1.22 is 9% 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 Excel Industries 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. Excel Industries's current Cyclically Adjusted PS Ratio is 1.22, which is 10% below median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Excel Industries stock overvalued right now?
Based on GuruFocus' analysis, Excel Industries (NSE:EXCELINDUS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,167.76, compared to a current price of ₹1,039.35 — trading 11% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.22, which is 10% below median its 10-year median of 1.36 and 9% below the Chemicals industry median of 1.34. Excel Industries' overall GF Score™ is 73/100 with 5 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 Excel Industries (NSE:EXCELINDUS), the current Cyclically Adjusted PS Ratio is 1.22 as of Aug. 13, 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 Excel Industries (NSE:EXCELINDUS) Overvalued in 2026?
Based on GuruFocus' analysis, Excel Industries stock appears to be undervalued.
The current stock price of ₹1,039.35 is trading 11% below its estimated GF Value™ of ₹1,167.76.
GuruFocus considers Excel Industries to be Modestly Undervalued.
Key valuation signals for NSE:EXCELINDUS:
Cyclically Adjusted PS Ratio: 1.22 (10% below median its 10-year median of 1.36)
GF Value™: ₹1,167.76 vs. price of ₹1,039.35 (11% below fair value)
Industry Position: 9% below the Chemicals median (#594 of 1272)
No single metric tells the full story. See the NSE:EXCELINDUS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Excel Industries Ltd is a chemical manufacturer based in India. The company is organized into two business segments namely; Chemicals segment which comprises of manufacture of speciality chemicals, intermediates and actives catering to various end user segments like Agrochemicals, Water Treatment, Soaps & Detergents, Lube Oil Additives, Mining Chemicals, Polymer Additives and Pharmaceuticals; and Environment and Biotech segment which comprises of Organic waste management composting, Municipal solid waste management, Plastic waste management and Construction and demolition waste management. The majority of its revenues come from Chemicals segment. It generates maximum revenue from within India.
73GF Score
Get the complete analysis for NSE:EXCELINDUS
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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