Focus Lighting and Fixtures (NSE:FOCUS) Cyclically Adjusted PS Ratio: 2.75 (As of Jul. 26, 2026) — 25% Below Median

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NSE:FOCUS Focus Lighting and Fixtures Ltd NSE:FOCUS
88 GF Score
Price ₹72.23
GF Value ₹101.52
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Focus Lighting and Fixtures Cyclically Adjusted PS Ratio?

Focus Lighting and Fixtures NSE:FOCUS -0.40% 88 Cyclically Adjusted PS Ratio is 2.75 as of Jul. 26, 2026, which is 25% below its 10-year median of 3.66. GuruFocus rates NSE:FOCUS with a GF Score™ of 88/100 and a GF Value™ of ₹101.52 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 338 Furnishings, Fixtures & Appliances companies, Focus Lighting and Fixtures ranks worse than 89.05% on this metric.

As of today (2026-07-26), Focus Lighting and Fixtures's current share price is ₹72.23. Focus Lighting and Fixtures's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was ₹26.31. Focus Lighting and Fixtures's Cyclically Adjusted PS Ratio for today is 2.75.

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

NSE:FOCUS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 3.66   Max: 10.8
Current: 2.75

During the past 13 years, Focus Lighting and Fixtures's highest Cyclically Adjusted PS Ratio was 10.80. The lowest was 0.28. And the median was 3.66.

NSE:FOCUS's Cyclically Adjusted PS Ratio is ranked worse than
89.05% of 338 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.675 vs NSE:FOCUS: 2.75

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.

Focus Lighting and Fixtures's adjusted revenue per share data of for the fiscal year that ended in Mar26 was ₹27.032. 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 ₹26.31 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Focus Lighting and Fixtures  (NSE:FOCUS) 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.


Focus Lighting and Fixtures Cyclically Adjusted PS Ratio Related Terms


Focus Lighting and Fixtures Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Focus Lighting and Fixtures'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.

Focus Lighting and Fixtures Cyclically Adjusted PS Ratio Chart

Focus Lighting and Fixtures 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 1.06 5.30 6.44 3.18 2.21

Focus Lighting and Fixtures Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 6.44 0.00 3.18 0.00 2.21

NSE:FOCUS vs SN, SGI, MHK: Cyclically Adjusted PS Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Focus Lighting and Fixtures'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.


Focus Lighting and Fixtures Cyclically Adjusted PS Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Focus Lighting and Fixtures's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Focus Lighting and Fixtures's Cyclically Adjusted PS Ratio falls into.


NSE:FOCUS
88GF Score
Focus Lighting and Fixtures Ltd NSE:FOCUS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Focus Lighting and Fixtures 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.

Focus Lighting and Fixtures's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=72.23/26.31
=2.75

* 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.

Focus Lighting and Fixtures's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Focus Lighting and Fixtures's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=27.032/164.2724*164.2724
=27.032

Current CPI (Mar26) = 164.2724.

Focus Lighting and Fixtures Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 14.082 105.196 21.990
201803 18.539 109.786 27.740
201903 23.880 118.202 33.187
202003 17.308 124.705 22.800
202103 11.587 131.771 14.445
202203 18.180 138.822 21.513
202303 25.836 146.865 28.898
202403 33.707 153.035 36.182
202503 28.144 157.552 29.345
202603 27.032 164.272 27.032

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 2.75 mean?
Focus Lighting and Fixtures (NSE:FOCUS) has a Cyclically Adjusted PS Ratio of 2.75 as of Jul. 26, 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 Focus Lighting and Fixtures and its competitors. This is 25% below median its historical median of 3.66. Over the past decade, Focus Lighting and Fixtures' Cyclically Adjusted PS Ratio has ranged from 0.28 to 10.80. According to the industry distribution chart, Focus Lighting and Fixtures ranks #301 out of 338 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 89.1%.
Is Focus Lighting and Fixtures' Cyclically Adjusted PS Ratio too high?
Focus Lighting and Fixtures' current Cyclically Adjusted PS Ratio of 2.75 is 25% below median its 10-year median of 3.66. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 10.80. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PS Ratio is 0.68. Focus Lighting and Fixtures' value of 2.75 is 307.4% above this industry median. Based on the distribution chart, Focus Lighting and Fixtures ranks #301 out of 338 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Focus Lighting and Fixtures has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Focus Lighting and Fixtures' Cyclically Adjusted PS Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Focus Lighting and Fixtures ranks #301 out of 338 companies for Cyclically Adjusted PS Ratio. This places Focus Lighting and Fixtures in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.68. Focus Lighting and Fixtures' value of 2.75 is 307.4% above this benchmark. Historically, Focus Lighting and Fixtures' own Cyclically Adjusted PS Ratio has ranged from 0.28 to 10.80 over the past decade. While the company's 10-year median is 3.66 vs. the industry median of 0.68, Focus Lighting and Fixtures 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PS Ratio among Furnishings, Fixtures & Appliances companies is 0.68, based on 338 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. Focus Lighting and Fixtures's current Cyclically Adjusted PS Ratio of 2.75 is 307.4% 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 Focus Lighting and Fixtures and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PS Ratio is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Focus Lighting and Fixtures's current Cyclically Adjusted PS Ratio is 2.75, which is 25% below median its own 10-year median of 3.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Focus Lighting and Fixtures stock overvalued right now?
Based on GuruFocus' analysis, Focus Lighting and Fixtures (NSE:FOCUS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹101.52, compared to a current price of ₹72.23 — trading 28.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.75, which is 25% below median its 10-year median of 3.66 and 307.4% above the Furnishings, Fixtures & Appliances industry median of 0.68. Focus Lighting and Fixtures' overall GF Score™ is 88/100 with 4 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 Focus Lighting and Fixtures (NSE:FOCUS), the current Cyclically Adjusted PS Ratio is 2.75 as of Jul. 26, 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 Focus Lighting and Fixtures (NSE:FOCUS) Overvalued in 2026?

Based on GuruFocus' analysis, Focus Lighting and Fixtures stock appears to be undervalued. The current stock price of ₹72.23 is trading 28.9% below its estimated GF Value™ of ₹101.52. GuruFocus considers Focus Lighting and Fixtures to be Modestly Undervalued.

Key valuation signals for NSE:FOCUS:

  • Cyclically Adjusted PS Ratio: 2.75 (25% below median its 10-year median of 3.66)
  • GF Value™: ₹101.52 vs. price of ₹72.23 (28.9% below fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 307.4% above the Furnishings, Fixtures & Appliances median (#301 of 338)

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


Focus Lighting and Fixtures Business Description

Address Sonawala Road, Near Udyog Bhavan, 1007-1010, Corporate Avenue Wing A, IndusInd Bank Limited, Goregaon East, Mumbai, MH, IND, 400063
Focus Lighting and Fixtures Ltd provide lighting fixtures. The company has two reportable segments namely trading and manufacturing activities. It generates maximum revenue from the Trading segment. The company products include cabinet lights, lighting systems, pendants, recessed, semi-recessed, surface, track, and trimless.
88GF Score

Get the complete analysis for NSE:FOCUS

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

₹72.23
Price
₹101.52
GF Value