FIEM Industries (NSE:FIEMIND) Cyclically Adjusted PS Ratio: 2.72 (As of Aug. 22, 2026) — Near Median

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NSE:FIEMIND FIEM Industries Ltd NSE:FIEMIND
86 GF Score
Price ₹2,198.80
GF Value ₹2,030.84
Valuation Fairly Valued
! 1 Warning Sign
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What is FIEM Industries Cyclically Adjusted PS Ratio?

FIEM Industries NSE:FIEMIND +0.37% 86 Cyclically Adjusted PS Ratio is 2.72 as of Aug. 22, 2026, which is 3% above its 10-year median of 2.65. GuruFocus rates NSE:FIEMIND with a GF Score™ of 86/100 and a GF Value™ of ₹2,030.84 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,037 Vehicles & Parts companies, FIEM Industries ranks worse than 83.32% on this metric.

As of today (2026-08-22), FIEM Industries's current share price is ₹2198.80. FIEM Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹809.26. FIEM Industries's Cyclically Adjusted PS Ratio for today is 2.72.

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

NSE:FIEMIND' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.9   Med: 2.65   Max: 3.25
Current: 2.72

During the past years, FIEM Industries's highest Cyclically Adjusted PS Ratio was 3.25. The lowest was 1.90. And the median was 2.65.

NSE:FIEMIND's Cyclically Adjusted PS Ratio is ranked worse than
83.32% of 1037 companies
in the Vehicles & Parts industry
Industry Median: 0.75 vs NSE:FIEMIND: 2.72

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.

FIEM Industries's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹292.495. 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 ₹809.26 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


FIEM Industries  (NSE:FIEMIND) 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.


FIEM Industries Cyclically Adjusted PS Ratio Related Terms


FIEM Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for FIEM 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.

FIEM Industries Cyclically Adjusted PS Ratio Chart

FIEM 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 2.01 2.47

FIEM 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 2.69 2.57 3.01 2.47 2.79

NSE:FIEMIND vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, FIEM 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.


FIEM Industries Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, FIEM Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:FIEMIND
86GF Score
FIEM Industries Ltd NSE:FIEMIND
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FIEM 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.

FIEM Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2198.80/809.26
=2.72

* 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.

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

For example, FIEM 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)
=292.495/167.3573*167.3573
=292.495

Current CPI (Jun. 2026) = 167.3573.

FIEM Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 62.402 83.774 124.662
201303 71.687 85.687 140.014
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 136.595 111.317 205.362
201809 149.343 115.142 217.068
201812 126.114 115.142 183.305
201903 134.678 118.202 190.685
201906 135.563 120.880 187.686
201909 140.263 123.175 190.575
201912 122.878 126.235 162.906
202003 121.234 124.705 162.699
202006 25.044 127.000 33.002
202009 141.067 130.118 181.440
202012 135.070 130.889 172.703
202103 157.779 131.771 200.390
202106 103.408 134.084 129.069
202109 158.191 135.847 194.884
202112 146.566 138.161 177.539
202203 183.646 138.822 221.395
202206 167.906 142.347 197.406
202209 198.063 144.661 229.138
202212 166.406 145.763 191.059
202303 164.505 146.865 187.459
202306 178.874 150.280 199.200
202309 192.407 151.492 212.557
202312 183.674 152.924 201.009
202403 210.746 153.035 230.470
202406 217.990 155.789 234.177
202409 230.804 157.882 244.655
202412 224.168 158.323 236.960
202503 240.958 157.552 255.955
202506 246.776 159.755 258.519
202509 270.524 162.289 278.972
202512 260.639 163.281 267.146
202603 282.939 164.272 288.252
202606 292.495 167.357 292.495

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 2.72 mean?
FIEM Industries (NSE:FIEMIND) has a Cyclically Adjusted PS Ratio of 2.72 as of Aug. 22, 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 FIEM Industries and its competitors. This is near median its historical median of 2.65. Over the past decade, FIEM Industries' Cyclically Adjusted PS Ratio has ranged from 1.90 to 3.25. According to the industry distribution chart, FIEM Industries ranks #864 out of 1037 companies in the Vehicles & Parts industry, placing it in the top 83.3%.
Is FIEM Industries' Cyclically Adjusted PS Ratio too high?
FIEM Industries' current Cyclically Adjusted PS Ratio of 2.72 is near median its 10-year median of 2.65. Over the past 10 years, this metric has ranged from a low of 1.90 to a high of 3.25. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.75. FIEM Industries' value of 2.72 is 262.7% above this industry median. Based on the distribution chart, FIEM Industries ranks #864 out of 1037 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, FIEM Industries has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FIEM Industries' Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, FIEM Industries ranks #864 out of 1037 companies for Cyclically Adjusted PS Ratio. This places FIEM Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.75. FIEM Industries' value of 2.72 is 262.7% above this benchmark. Historically, FIEM Industries' own Cyclically Adjusted PS Ratio has ranged from 1.90 to 3.25 over the past decade. While the company's 10-year median is 2.65 vs. the industry median of 0.75, FIEM 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.75, based on 1,037 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. FIEM Industries's current Cyclically Adjusted PS Ratio of 2.72 is 262.7% 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 FIEM Industries and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FIEM Industries's current Cyclically Adjusted PS Ratio is 2.72, which is near median its own 10-year median of 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FIEM Industries stock overvalued right now?
Based on GuruFocus' analysis, FIEM Industries (NSE:FIEMIND) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,030.84, compared to a current price of ₹2,198.80 — trading 8.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.72, which is near median its 10-year median of 2.65 and 262.7% above the Vehicles & Parts industry median of 0.75. FIEM Industries' overall GF Score™ is 86/100 with 1 warning sign 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 FIEM Industries (NSE:FIEMIND), the current Cyclically Adjusted PS Ratio is 2.72 as of Aug. 22, 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 FIEM Industries (NSE:FIEMIND) Overvalued in 2026?

Based on GuruFocus' analysis, FIEM Industries stock appears to be overvalued. The current stock price of ₹2,198.80 is trading 8.3% above its estimated GF Value™ of ₹2,030.84. GuruFocus considers FIEM Industries to be Fairly Valued.

Key valuation signals for NSE:FIEMIND:

  • Cyclically Adjusted PS Ratio: 2.72 (near median its 10-year median of 2.65)
  • GF Value™: ₹2,030.84 vs. price of ₹2,198.80 (8.3% above fair value)
  • GF Score™: 86/100 with 1 warning sign
  • Industry Position: 262.7% above the Vehicles & Parts median (#864 of 1037)

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


FIEM Industries Business Description

Other Exchanges 532768:India
Address Udyog Vihar Phase - 1, Plot No. 243, 2nd Floor, Tower A, SP Infocity, Gurugram, HR, IND, 122016
FIEM Industries Ltd is an Indian company engaged in the manufacturing of automotive components. The company has identified two reportable business segments based on the nature of its products. The Automotive segment, which is the key revenue driver, comprises automotive lighting and signaling equipment, rearview mirrors, prismatic mirrors, plastic molded parts, and sheet metal components for motorized vehicles and other parts for automotive. The Other segment comprises LED luminaries, including indoor and outdoor lighting, display panels, and LED-integrated passenger information systems, among others. Geographically, the company generates a majority of its revenue from India and also sells its products outside India.
86GF Score

Get the complete analysis for NSE:FIEMIND

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

₹2,198.80
Price
₹2,030.84
GF Value