Gujarat Mineral Development (NSE:GMDCLTD) Cyclically Adjusted PS Ratio: 6.78 (As of Jun. 28, 2026) — 39% Above Median


NSE:GMDCLTD Gujarat Mineral Development Corp Ltd NSE:GMDCLTD
63 GF Score
Price ₹586.30
GF Value ₹372.36
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Gujarat Mineral Development Cyclically Adjusted PS Ratio?

Gujarat Mineral Development NSE:GMDCLTD -1.79% 63 Cyclically Adjusted PS Ratio is 6.78 as of Jun. 28, 2026, which is 39% above its 10-year median of 4.87. GuruFocus rates NSE:GMDCLTD with a GF Score™ of 63/100 and a GF Value™ of ₹372.36 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 112 Other Energy Sources companies, Gujarat Mineral Development ranks worse than 90.18% on this metric.

As of today (2026-06-28), Gujarat Mineral Development's current share price is ₹586.30. Gujarat Mineral Development's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹86.52. Gujarat Mineral Development's Cyclically Adjusted PS Ratio for today is 6.78.

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

NSE:GMDCLTD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.91   Med: 4.87   Max: 8.51
Current: 6.78

During the past years, Gujarat Mineral Development's highest Cyclically Adjusted PS Ratio was 8.51. The lowest was 2.91. And the median was 4.87.

NSE:GMDCLTD's Cyclically Adjusted PS Ratio is ranked worse than
90.18% of 112 companies
in the Other Energy Sources industry
Industry Median: 1.03 vs NSE:GMDCLTD: 6.78

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.

Gujarat Mineral Development's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹25.585. 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 ₹86.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gujarat Mineral Development  (NSE:GMDCLTD) 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.


Gujarat Mineral Development Cyclically Adjusted PS Ratio Related Terms


Gujarat Mineral Development Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Gujarat Mineral Development'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.

Gujarat Mineral Development Cyclically Adjusted PS Ratio Chart

Gujarat Mineral Development 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 3.19 6.54

Gujarat Mineral Development Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 3.19 4.87 7.03 7.01 6.54

Gujarat Mineral Development Cyclically Adjusted PS Ratio Competitor Comparison

For the Thermal Coal subindustry, Gujarat Mineral Development'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.


Gujarat Mineral Development Cyclically Adjusted PS Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Gujarat Mineral Development's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Gujarat Mineral Development's Cyclically Adjusted PS Ratio falls into.


NSE:GMDCLTD
63GF Score
Gujarat Mineral Development Corp Ltd NSE:GMDCLTD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Gujarat Mineral Development 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.

Gujarat Mineral Development's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=586.30/86.52
=6.78

* 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.

Gujarat Mineral Development's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Gujarat Mineral Development's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=25.585/164.2724*164.2724
=25.585

Current CPI (Mar. 2026) = 164.2724.

Gujarat Mineral Development Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
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 20.268 111.317 29.910
201809 9.234 115.142 13.174
201812 12.935 115.142 18.454
201903 16.724 118.202 23.242
201906 15.890 120.880 21.594
201909 8.339 123.175 11.121
201912 10.706 126.235 13.932
202003 12.960 124.705 17.072
202006 7.550 127.000 9.766
202009 6.491 130.118 8.195
202012 10.737 130.889 13.475
202103 17.888 131.771 22.300
202106 15.725 134.084 19.265
202109 14.186 135.847 17.154
202112 22.780 138.161 27.085
202203 33.238 138.822 39.332
202206 36.341 142.347 41.938
202209 16.963 144.661 19.263
202212 26.905 145.763 30.322
202303 29.822 146.865 33.357
202306 24.085 150.280 26.328
202309 12.060 151.492 13.077
202312 17.725 152.924 19.040
202403 23.576 153.035 25.307
202406 25.737 155.789 27.139
202409 18.645 157.882 19.400
202412 20.533 158.323 21.305
202503 24.712 157.552 25.766
202506 23.038 159.755 23.689
202509 16.595 162.289 16.798
202512 18.194 163.281 18.304
202603 25.585 164.272 25.585

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 6.78 mean?
Gujarat Mineral Development (NSE:GMDCLTD) has a Cyclically Adjusted PS Ratio of 6.78 as of Jun. 28, 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 Gujarat Mineral Development and its competitors. This is 39% above median its historical median of 4.87. Over the past decade, Gujarat Mineral Development's Cyclically Adjusted PS Ratio has ranged from 2.91 to 8.51. According to the industry distribution chart, Gujarat Mineral Development ranks #101 out of 112 companies in the Other Energy Sources industry, placing it in the top 90.2%.
Is Gujarat Mineral Development's Cyclically Adjusted PS Ratio too high?
Gujarat Mineral Development's current Cyclically Adjusted PS Ratio of 6.78 is 39% above median its 10-year median of 4.87. Over the past 10 years, this metric has ranged from a low of 2.91 to a high of 8.51. The Other Energy Sources industry median Cyclically Adjusted PS Ratio is 1.03. Gujarat Mineral Development's value of 6.78 is 558.3% above this industry median. Based on the distribution chart, Gujarat Mineral Development ranks #101 out of 112 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Gujarat Mineral Development has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Mineral Development's Cyclically Adjusted PS Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, Gujarat Mineral Development ranks #101 out of 112 companies for Cyclically Adjusted PS Ratio. This places Gujarat Mineral Development in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.03. Gujarat Mineral Development's value of 6.78 is 558.3% above this benchmark. Historically, Gujarat Mineral Development's own Cyclically Adjusted PS Ratio has ranged from 2.91 to 8.51 over the past decade. While the company's 10-year median is 4.87 vs. the industry median of 1.03, Gujarat Mineral Development 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 Other Energy Sources company?
The median Cyclically Adjusted PS Ratio among Other Energy Sources companies is 1.03, based on 112 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. Gujarat Mineral Development's current Cyclically Adjusted PS Ratio of 6.78 is 558.3% 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 Gujarat Mineral Development and its competitors. For the Other Energy Sources industry, the median Cyclically Adjusted PS Ratio is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat Mineral Development's current Cyclically Adjusted PS Ratio is 6.78, which is 39% above median its own 10-year median of 4.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Mineral Development stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Mineral Development (NSE:GMDCLTD) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹372.36, compared to a current price of ₹586.30 — trading 57.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.78, which is 39% above median its 10-year median of 4.87 and 558.3% above the Other Energy Sources industry median of 1.03. Gujarat Mineral Development's overall GF Score™ is 63/100 with 2 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 Gujarat Mineral Development (NSE:GMDCLTD), the current Cyclically Adjusted PS Ratio is 6.78 as of Jun. 28, 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 Gujarat Mineral Development (NSE:GMDCLTD) Overvalued in 2026?

Based on GuruFocus' analysis, Gujarat Mineral Development stock appears to be overvalued. The current stock price of ₹586.30 is trading 57.5% above its estimated GF Value™ of ₹372.36. GuruFocus considers Gujarat Mineral Development to be Significantly Overvalued.

Key valuation signals for NSE:GMDCLTD:

  • Cyclically Adjusted PS Ratio: 6.78 (39% above median its 10-year median of 4.87)
  • GF Value™: ₹372.36 vs. price of ₹586.30 (57.5% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 558.3% above the Other Energy Sources median (#101 of 112)

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


Gujarat Mineral Development Business Description

Other Exchanges 532181:India
Address 132 Feet Ring Road, Khanij Bhavan, Near University Ground, Vastrapur, Ahmedabad, GJ, IND, 380 052
Gujarat Mineral Development Corp Ltd is a mineral resource mining company. Its operations include lignite mining, bauxite mining, fluorspar mining, manganese mining, and power generation. The company's segments include Mining and Power. The majority of its revenue is derived from the Mining segment which engages in the mining and sale of manganese, bauxite, limestone, silica sand, and others. Geographically, the company operates only in India.
63GF Score

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

₹586.30
Price
₹372.36
GF Value