Gokaldas Exports (NSE:GOKEX) Cyclically Adjusted PS Ratio: 1.96 (As of Aug. 10, 2026) — Near Median

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NSE:GOKEX Gokaldas Exports Ltd NSE:GOKEX
81 GF Score
Price ₹805.50
GF Value ₹1,075.36
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Gokaldas Exports Cyclically Adjusted PS Ratio?

Gokaldas Exports NSE:GOKEX +1.10% 81 Cyclically Adjusted PS Ratio is 1.96 as of Aug. 10, 2026, which is 8% below its 10-year median of 2.13. GuruFocus rates NSE:GOKEX with a GF Score™ of 81/100 and a GF Value™ of ₹1,075.36 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 886 Manufacturing - Apparel & Accessories companies, Gokaldas Exports ranks worse than 78.89% on this metric.

As of today (2026-08-10), Gokaldas Exports's current share price is ₹805.50. Gokaldas Exports's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹410.52. Gokaldas Exports's Cyclically Adjusted PS Ratio for today is 1.96.

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

NSE:GOKEX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.36   Med: 2.13   Max: 3.27
Current: 1.96

During the past years, Gokaldas Exports's highest Cyclically Adjusted PS Ratio was 3.27. The lowest was 1.36. And the median was 2.13.

NSE:GOKEX's Cyclically Adjusted PS Ratio is ranked worse than
78.89% of 886 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.64 vs NSE:GOKEX: 1.96

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.

Gokaldas Exports's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹137.909. 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 ₹410.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gokaldas Exports  (NSE:GOKEX) 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.


Gokaldas Exports Cyclically Adjusted PS Ratio Related Terms


Gokaldas Exports Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Gokaldas Exports'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.

Gokaldas Exports Cyclically Adjusted PS Ratio Chart

Gokaldas Exports 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 2.13 1.41

Gokaldas Exports 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 2.13 2.32 1.81 1.83 1.41

NSE:GOKEX vs RL, LEVI, VFC: Cyclically Adjusted PS Ratio Comparison

For the Apparel Manufacturing subindustry, Gokaldas Exports'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.


Gokaldas Exports Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gokaldas Exports's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:GOKEX
81GF Score
Gokaldas Exports Ltd NSE:GOKEX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Gokaldas Exports 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.

Gokaldas Exports's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=805.50/410.52
=1.96

* 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.

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

For example, Gokaldas Exports'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)
=137.909/164.2724*164.2724
=137.909

Current CPI (Mar. 2026) = 164.2724.

Gokaldas Exports 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 69.838 111.317 103.062
201809 68.523 115.142 97.761
201812 61.227 115.142 87.352
201903 52.456 118.202 72.901
201906 75.391 120.880 102.454
201909 82.000 123.175 109.359
201912 75.156 126.235 97.802
202003 56.244 124.705 74.089
202006 54.530 127.000 70.533
202009 75.354 130.118 95.134
202012 58.295 130.889 73.163
202103 67.236 131.771 83.820
202106 55.705 134.084 68.247
202109 97.870 135.847 118.349
202112 87.138 138.161 103.607
202203 95.576 138.822 113.098
202206 100.603 142.347 116.098
202209 89.430 144.661 101.554
202212 81.450 145.763 91.793
202303 57.591 146.865 64.417
202306 80.788 150.280 88.310
202309 78.474 151.492 85.094
202312 86.480 152.924 92.897
202403 97.668 153.035 104.840
202406 128.607 155.789 135.610
202409 124.699 157.882 129.746
202412 132.448 158.323 137.425
202503 136.184 157.552 141.993
202506 128.135 159.755 131.758
202509 129.079 162.289 130.656
202512 126.575 163.281 127.344
202603 137.909 164.272 137.909

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 1.96 mean?
Gokaldas Exports (NSE:GOKEX) has a Cyclically Adjusted PS Ratio of 1.96 as of Aug. 10, 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 Gokaldas Exports and its competitors. This is near median its historical median of 2.13. Over the past decade, Gokaldas Exports' Cyclically Adjusted PS Ratio has ranged from 1.36 to 3.27. According to the industry distribution chart, Gokaldas Exports ranks #699 out of 886 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 78.9%.
Is Gokaldas Exports' Cyclically Adjusted PS Ratio too high?
Gokaldas Exports' current Cyclically Adjusted PS Ratio of 1.96 is near median its 10-year median of 2.13. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 3.27. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.64. Gokaldas Exports' value of 1.96 is 206.3% above this industry median. Based on the distribution chart, Gokaldas Exports ranks #699 out of 886 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Gokaldas Exports has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gokaldas Exports' Cyclically Adjusted PS Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Gokaldas Exports ranks #699 out of 886 companies for Cyclically Adjusted PS Ratio. This places Gokaldas Exports in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.64. Gokaldas Exports' value of 1.96 is 206.3% above this benchmark. Historically, Gokaldas Exports' own Cyclically Adjusted PS Ratio has ranged from 1.36 to 3.27 over the past decade. While the company's 10-year median is 2.13 vs. the industry median of 0.64, Gokaldas Exports 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.64, based on 886 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. Gokaldas Exports's current Cyclically Adjusted PS Ratio of 1.96 is 206.3% 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 Gokaldas Exports and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gokaldas Exports's current Cyclically Adjusted PS Ratio is 1.96, which is near median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gokaldas Exports stock overvalued right now?
Based on GuruFocus' analysis, Gokaldas Exports (NSE:GOKEX) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,075.36, compared to a current price of ₹805.50 — trading 25.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.96, which is near median its 10-year median of 2.13 and 206.3% above the Manufacturing - Apparel & Accessories industry median of 0.64. Gokaldas Exports' overall GF Score™ is 81/100 with 7 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 Gokaldas Exports (NSE:GOKEX), the current Cyclically Adjusted PS Ratio is 1.96 as of Aug. 10, 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 Gokaldas Exports (NSE:GOKEX) Overvalued in 2026?

Based on GuruFocus' analysis, Gokaldas Exports stock appears to be undervalued. The current stock price of ₹805.50 is trading 25.1% below its estimated GF Value™ of ₹1,075.36. GuruFocus considers Gokaldas Exports to be Modestly Undervalued.

Key valuation signals for NSE:GOKEX:

  • Cyclically Adjusted PS Ratio: 1.96 (near median its 10-year median of 2.13)
  • GF Value™: ₹1,075.36 vs. price of ₹805.50 (25.1% below fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 206.3% above the Manufacturing - Apparel & Accessories median (#699 of 886)

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


Gokaldas Exports Business Description

Other Exchanges 532630:India
Address No. 25, Second Cross, Third Main, Industrial Suburb, Yeshwantpur, Bangalore, KA, IND, 560 022
Gokaldas Exports Ltd is a manufacturer and exporter of apparel in India. Its principal business activities include the design, manufacture, and sale of a wide range of garments for men, women, and children and caters to the needs of several international fashion brands and retailers. The company mainly operates in two geographical areas - India and the rest of the world. Its principal source of revenue for the company is the export of garments and related products.
81GF Score

Get the complete analysis for NSE:GOKEX

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

₹805.50
Price
₹1,075.36
GF Value