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Grindwell NortonNSE:GRINDWELL +0.99%97 Cyclically Adjusted PS Ratio is 9.47 as of Aug. 16, 2026, which is 12% below its 10-year median of 10.73. GuruFocus rates NSE:GRINDWELL with a GF Score™ of 97/100 and a GF Value™ of ₹2,200.86 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,376 Construction companies, Grindwell Norton ranks worse than 96.66% on this metric.
The historical rank and industry rank for Grindwell Norton's Cyclically Adjusted PS Ratio or its related term are showing as below:
NSE:GRINDWELL'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.02 Med: 10.73 Max: 14.59
Current: 9.43
During the past years, Grindwell Norton's highest Cyclically Adjusted PS Ratio was 14.59. The lowest was 6.02. And the median was 10.73.
NSE:GRINDWELL's Cyclically Adjusted PS Ratio is ranked worse than 96.66% of 1376
companies
in the Construction industry
Industry Median: 0.7
vs NSE:GRINDWELL: 9.43
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.
Grindwell Norton's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹72.290. 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 ₹228.93 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Grindwell Norton (NSE:GRINDWELL) 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.
Grindwell Norton Cyclically Adjusted PS Ratio Related Terms
Grindwell Norton Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Grindwell Norton'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.
Grindwell Norton Cyclically Adjusted PS Ratio Chart
NSE:GRINDWELL vs TT, JCI, CARR: Cyclically Adjusted PS Ratio Comparison
For the Building Products & Equipment subindustry, Grindwell Norton'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.
Grindwell Norton Cyclically Adjusted PS Ratio vs Construction Industry
For the Construction industry and Industrials sector, Grindwell Norton's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Grindwell Norton's Cyclically Adjusted PS Ratio falls into.
Grindwell Norton 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.
Grindwell Norton's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 9.47 mean?
Grindwell Norton (NSE:GRINDWELL) has a Cyclically Adjusted PS Ratio of 9.47 as of Aug. 16, 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 Grindwell Norton and its competitors. This is 12% below median its historical median of 10.73. Over the past decade, Grindwell Norton's Cyclically Adjusted PS Ratio has ranged from 6.02 to 14.59. According to the industry distribution chart, Grindwell Norton ranks #1330 out of 1376 companies in the Construction industry, placing it in the top 96.7%.
Is Grindwell Norton's Cyclically Adjusted PS Ratio too high?
Grindwell Norton's current Cyclically Adjusted PS Ratio of 9.47 is 12% below median its 10-year median of 10.73. Over the past 10 years, this metric has ranged from a low of 6.02 to a high of 14.59. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Grindwell Norton's value of 9.47 is 1252.9% above this industry median. Based on the distribution chart, Grindwell Norton ranks #1330 out of 1376 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Grindwell Norton has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grindwell Norton's Cyclically Adjusted PS Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Grindwell Norton ranks #1330 out of 1376 companies for Cyclically Adjusted PS Ratio. This places Grindwell Norton in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Grindwell Norton's value of 9.47 is 1252.9% above this benchmark. Historically, Grindwell Norton's own Cyclically Adjusted PS Ratio has ranged from 6.02 to 14.59 over the past decade. While the company's 10-year median is 10.73 vs. the industry median of 0.70, Grindwell Norton 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,376 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. Grindwell Norton's current Cyclically Adjusted PS Ratio of 9.47 is 1252.9% 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 Grindwell Norton and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grindwell Norton's current Cyclically Adjusted PS Ratio is 9.47, which is 12% below median its own 10-year median of 10.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grindwell Norton stock overvalued right now?
Based on GuruFocus' analysis, Grindwell Norton (NSE:GRINDWELL) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,200.86, compared to a current price of ₹2,167.50 — trading 1.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 9.47, which is 12% below median its 10-year median of 10.73 and 1252.9% above the Construction industry median of 0.70. Grindwell Norton's overall GF Score™ is 97/100 with 5 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 Grindwell Norton (NSE:GRINDWELL), the current Cyclically Adjusted PS Ratio is 9.47 as of Aug. 16, 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 Grindwell Norton (NSE:GRINDWELL) Overvalued in 2026?
Based on GuruFocus' analysis, Grindwell Norton stock appears to be undervalued.
The current stock price of ₹2,167.50 is trading 1.5% below its estimated GF Value™ of ₹2,200.86.
GuruFocus considers Grindwell Norton to be Fairly Valued.
Key valuation signals for NSE:GRINDWELL:
Cyclically Adjusted PS Ratio: 9.47 (12% below median its 10-year median of 10.73)
GF Value™: ₹2,200.86 vs. price of ₹2,167.50 (1.5% below fair value)
Industry Position: 1252.9% above the Construction median (#1330 of 1376)
No single metric tells the full story. See the NSE:GRINDWELL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grindwell Norton Ltd is a company that produces abrasives and ceramics products. The company's businesses are divided into segments: Abrasives, Ceramics and Plastics, Digital Services and Others. The company manufactures various types of abrasives, which include bonded, coated, non-woven, construction, thin wheels, and super abrasives. Grindwell's Ceramics and Plastics division produces silicon carbide, high-temperature refractories, and fused cast ceramics. The silicon carbide products serve as raw materials that are used to create abrasives, and the company's refractories are structures used for processing both ferrous and non-ferrous metals. The company generates the vast majority of its revenue from Ceramics and Plastics division.
97GF Score
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