Finolex Cables (NSE:FINCABLES) Cyclically Adjusted PS Ratio: 3.98 (As of Aug. 14, 2026) — 22% Above Median

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NSE:FINCABLES Finolex Cables Ltd NSE:FINCABLES
94 GF Score
Price ₹1,249.30
GF Value ₹1,315.07
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Finolex Cables Cyclically Adjusted PS Ratio?

Finolex Cables NSE:FINCABLES -2.40% 94 Cyclically Adjusted PS Ratio is 3.98 as of Aug. 14, 2026, which is 22% above its 10-year median of 3.26. GuruFocus rates NSE:FINCABLES with a GF Score™ of 94/100 and a GF Value™ of ₹1,315.07 (Fairly Valued). The stock has 9 warning signs investors should review. Among 2,290 Industrial Products companies, Finolex Cables ranks worse than 74.54% on this metric.

As of today (2026-08-14), Finolex Cables's current share price is ₹1249.30. Finolex Cables's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹313.93. Finolex Cables's Cyclically Adjusted PS Ratio for today is 3.98.

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

NSE:FINCABLES' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.6   Med: 3.26   Max: 6.23
Current: 3.98

During the past years, Finolex Cables's highest Cyclically Adjusted PS Ratio was 6.23. The lowest was 1.60. And the median was 3.26.

NSE:FINCABLES's Cyclically Adjusted PS Ratio is ranked worse than
74.54% of 2290 companies
in the Industrial Products industry
Industry Median: 1.81 vs NSE:FINCABLES: 3.98

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.

Finolex Cables's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹131.602. 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 ₹313.93 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Finolex Cables  (NSE:FINCABLES) 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.


Finolex Cables Cyclically Adjusted PS Ratio Related Terms


Finolex Cables Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Finolex Cables'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.

Finolex Cables Cyclically Adjusted PS Ratio Chart

Finolex Cables 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 1.68 3.33 3.83 3.30 2.56

Finolex Cables 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 3.45 2.82 2.54 2.56 3.73

NSE:FINCABLES vs VRT, BE: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Finolex Cables'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.


Finolex Cables Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Finolex Cables's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:FINCABLES
94GF Score
Finolex Cables Ltd NSE:FINCABLES
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Finolex Cables 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.

Finolex Cables's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1249.30/313.93
=3.98

* 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.

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

For example, Finolex Cables'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)
=131.602/166.1454*166.1454
=131.602

Current CPI (Jun. 2026) = 166.1454.

Finolex Cables Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 42.763 97.163 73.123
201506 37.760 99.841 62.837
201509 38.880 101.753 63.484
201512 37.577 102.901 60.672
201603 37.932 102.518 61.474
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 51.756 111.317 77.248
201809 46.637 115.142 67.295
201812 49.022 115.142 70.737
201903 50.689 118.202 71.249
201906 52.822 120.880 72.602
201909 46.780 123.175 63.100
201912 45.949 126.235 60.476
202003 40.195 124.705 53.552
202006 24.667 127.000 32.270
202009 41.778 130.118 53.346
202012 54.279 130.889 68.900
202103 57.281 131.771 72.224
202106 44.143 134.084 54.698
202109 61.030 135.847 74.642
202112 63.616 138.161 76.502
202203 73.035 138.822 87.410
202206 66.408 142.347 77.510
202209 71.317 144.661 81.909
202212 75.216 145.763 85.734
202303 75.423 146.865 85.325
202306 78.742 150.280 87.055
202309 77.633 151.492 85.142
202312 79.865 152.924 86.770
202403 86.558 153.035 93.974
202406 80.461 155.789 85.810
202409 85.787 157.882 90.277
202412 77.309 158.323 81.129
202503 104.220 157.552 109.905
202506 91.221 159.755 94.870
202509 89.920 162.289 92.057
202512 104.574 163.281 106.409
202603 127.533 164.272 128.987
202606 131.602 166.145 131.602

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 3.98 mean?
Finolex Cables (NSE:FINCABLES) has a Cyclically Adjusted PS Ratio of 3.98 as of Aug. 14, 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 Finolex Cables and its competitors. This is 22% above median its historical median of 3.26. Over the past decade, Finolex Cables' Cyclically Adjusted PS Ratio has ranged from 1.60 to 6.23. According to the industry distribution chart, Finolex Cables ranks #1707 out of 2290 companies in the Industrial Products industry, placing it in the top 74.5%.
Is Finolex Cables' Cyclically Adjusted PS Ratio too high?
Finolex Cables' current Cyclically Adjusted PS Ratio of 3.98 is 22% above median its 10-year median of 3.26. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 6.23. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.81. Finolex Cables' value of 3.98 is 119.9% above this industry median. Based on the distribution chart, Finolex Cables ranks #1707 out of 2290 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Finolex Cables has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Finolex Cables' Cyclically Adjusted PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Finolex Cables ranks #1707 out of 2290 companies for Cyclically Adjusted PS Ratio. This places Finolex Cables in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.81. Finolex Cables' value of 3.98 is 119.9% above this benchmark. Historically, Finolex Cables' own Cyclically Adjusted PS Ratio has ranged from 1.60 to 6.23 over the past decade. While the company's 10-year median is 3.26 vs. the industry median of 1.81, Finolex Cables 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 Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.81, based on 2,290 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. Finolex Cables's current Cyclically Adjusted PS Ratio of 3.98 is 119.9% 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 Finolex Cables and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finolex Cables's current Cyclically Adjusted PS Ratio is 3.98, which is 22% above median its own 10-year median of 3.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finolex Cables stock overvalued right now?
Based on GuruFocus' analysis, Finolex Cables (NSE:FINCABLES) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,315.07, compared to a current price of ₹1,249.30 — trading 5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.98, which is 22% above median its 10-year median of 3.26 and 119.9% above the Industrial Products industry median of 1.81. Finolex Cables' overall GF Score™ is 94/100 with 9 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 Finolex Cables (NSE:FINCABLES), the current Cyclically Adjusted PS Ratio is 3.98 as of Aug. 14, 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 Finolex Cables (NSE:FINCABLES) Overvalued in 2026?

Based on GuruFocus' analysis, Finolex Cables stock appears to be undervalued. The current stock price of ₹1,249.30 is trading 5% below its estimated GF Value™ of ₹1,315.07. GuruFocus considers Finolex Cables to be Fairly Valued.

Key valuation signals for NSE:FINCABLES:

  • Cyclically Adjusted PS Ratio: 3.98 (22% above median its 10-year median of 3.26)
  • GF Value™: ₹1,315.07 vs. price of ₹1,249.30 (5% below fair value)
  • GF Score™: 94/100 with 9 warning signs
  • Industry Position: 119.9% above the Industrial Products median (#1707 of 2290)

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


Finolex Cables Business Description

Other Exchanges 500144:India
Address 26-27 Mumbai-Pune Road, Pimpri, Pune, MH, IND, 411018
Finolex Cables Ltd is an electronic components company. The operating segments of the group are Electrical cables, Communication cables, Copper rods, and Others - Trading of Electrical and other goods. It derives a majority of its revenue from the Electrical cables segment. The group offers products like wires and cables, optical fibre cables, switches, LED lightings, fans, MCBs, water heaters, and other products. Geographically, the company caters to both the Indian and the international markets of which, a majority of its revenue is derived from its business in India.
94GF Score

Get the complete analysis for NSE:FINCABLES

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

₹1,249.30
Price
₹1,315.07
GF Value