Hindustan Unilever (NSE:HINDUNILVR) Cyclically Adjusted PS Ratio: 7.72 (As of Aug. 07, 2026) — 15% Below Median

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NSE:HINDUNILVR Hindustan Unilever Ltd NSE:HINDUNILVR
91 GF Score
Price ₹2,079.50
GF Value ₹2,580.13
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Hindustan Unilever Cyclically Adjusted PS Ratio?

Hindustan Unilever NSE:HINDUNILVR -0.28% 91 Cyclically Adjusted PS Ratio is 7.72 as of Aug. 07, 2026, which is 15% below its 10-year median of 9.10. GuruFocus rates NSE:HINDUNILVR with a GF Score™ of 91/100 and a GF Value™ of ₹2,580.13 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,447 Consumer Packaged Goods companies, Hindustan Unilever ranks worse than 96.34% on this metric.

As of today (2026-08-07), Hindustan Unilever's current share price is ₹2079.50. Hindustan Unilever's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹269.40. Hindustan Unilever's Cyclically Adjusted PS Ratio for today is 7.72.

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

NSE:HINDUNILVR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.77   Med: 9.1   Max: 11.09
Current: 7.82

During the past years, Hindustan Unilever's highest Cyclically Adjusted PS Ratio was 11.09. The lowest was 7.77. And the median was 9.10.

NSE:HINDUNILVR's Cyclically Adjusted PS Ratio is ranked worse than
96.34% of 1447 companies
in the Consumer Packaged Goods industry
Industry Median: 0.75 vs NSE:HINDUNILVR: 7.82

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.

Hindustan Unilever's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹73.159. 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 ₹269.40 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hindustan Unilever  (NSE:HINDUNILVR) 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.


Hindustan Unilever Cyclically Adjusted PS Ratio Related Terms


Hindustan Unilever Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hindustan Unilever'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.

Hindustan Unilever Cyclically Adjusted PS Ratio Chart

Hindustan Unilever 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 8.81 7.74

Hindustan Unilever 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 8.81 9.49 8.78 7.74 7.86

NSE:HINDUNILVR vs PG, CL, KVUE: Cyclically Adjusted PS Ratio Comparison

For the Household & Personal Products subindustry, Hindustan Unilever'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.


Hindustan Unilever Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hindustan Unilever's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:HINDUNILVR
91GF Score
Hindustan Unilever Ltd NSE:HINDUNILVR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hindustan Unilever 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.

Hindustan Unilever's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2079.50/269.40
=7.72

* 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.

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

For example, Hindustan Unilever'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)
=73.159/166.1454*166.1454
=73.159

Current CPI (Jun. 2026) = 166.1454.

Hindustan Unilever Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
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 44.535 111.317 66.471
201809 43.369 115.142 62.580
201812 44.389 115.142 64.052
201903 46.416 118.202 65.243
201906 47.188 120.880 64.858
201909 45.998 123.175 62.045
201912 46.057 126.235 60.618
202003 41.936 124.705 55.872
202006 45.006 127.000 58.878
202009 49.021 130.118 62.594
202012 51.001 130.889 64.739
202103 52.116 131.771 65.711
202106 51.061 134.084 63.270
202109 54.595 135.847 66.772
202112 56.300 138.161 67.704
202203 57.436 138.822 68.741
202206 61.082 142.347 71.294
202209 63.441 144.661 72.863
202212 65.304 145.763 74.436
202303 63.614 146.865 71.965
202306 64.977 150.280 71.837
202309 65.366 151.492 71.689
202312 65.102 152.924 70.730
202403 64.030 153.035 69.516
202406 66.077 155.789 70.470
202409 66.959 157.882 70.463
202412 65.343 158.323 68.572
202503 63.735 157.552 67.211
202506 66.307 159.755 68.959
202509 68.371 162.289 69.996
202512 69.098 163.281 70.310
202603 68.901 164.272 69.687
202606 73.159 166.145 73.159

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 7.72 mean?
Hindustan Unilever (NSE:HINDUNILVR) has a Cyclically Adjusted PS Ratio of 7.72 as of Aug. 07, 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 Hindustan Unilever and its competitors. This is 15% below median its historical median of 9.10. Over the past decade, Hindustan Unilever's Cyclically Adjusted PS Ratio has ranged from 7.77 to 11.09. According to the industry distribution chart, Hindustan Unilever ranks #1394 out of 1447 companies in the Consumer Packaged Goods industry, placing it in the top 96.3%.
Is Hindustan Unilever's Cyclically Adjusted PS Ratio too high?
Hindustan Unilever's current Cyclically Adjusted PS Ratio of 7.72 is 15% below median its 10-year median of 9.10. Over the past 10 years, this metric has ranged from a low of 7.77 to a high of 11.09. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.75. Hindustan Unilever's value of 7.72 is 929.3% above this industry median. Based on the distribution chart, Hindustan Unilever ranks #1394 out of 1447 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Hindustan Unilever has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Unilever's Cyclically Adjusted PS Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Hindustan Unilever ranks #1394 out of 1447 companies for Cyclically Adjusted PS Ratio. This places Hindustan Unilever in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.75. Hindustan Unilever's value of 7.72 is 929.3% above this benchmark. Historically, Hindustan Unilever's own Cyclically Adjusted PS Ratio has ranged from 7.77 to 11.09 over the past decade. While the company's 10-year median is 9.10 vs. the industry median of 0.75, Hindustan Unilever 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.75, based on 1,447 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. Hindustan Unilever's current Cyclically Adjusted PS Ratio of 7.72 is 929.3% 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 Hindustan Unilever and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindustan Unilever's current Cyclically Adjusted PS Ratio is 7.72, which is 15% below median its own 10-year median of 9.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Unilever stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Unilever (NSE:HINDUNILVR) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,580.13, compared to a current price of ₹2,079.50 — trading 19.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.72, which is 15% below median its 10-year median of 9.10 and 929.3% above the Consumer Packaged Goods industry median of 0.75. Hindustan Unilever's overall GF Score™ is 91/100 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 Hindustan Unilever (NSE:HINDUNILVR), the current Cyclically Adjusted PS Ratio is 7.72 as of Aug. 07, 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 Hindustan Unilever (NSE:HINDUNILVR) Overvalued in 2026?

Based on GuruFocus' analysis, Hindustan Unilever stock appears to be undervalued. The current stock price of ₹2,079.50 is trading 19.4% below its estimated GF Value™ of ₹2,580.13. GuruFocus considers Hindustan Unilever to be Modestly Undervalued.

Key valuation signals for NSE:HINDUNILVR:

  • Cyclically Adjusted PS Ratio: 7.72 (15% below median its 10-year median of 9.10)
  • GF Value™: ₹2,580.13 vs. price of ₹2,079.50 (19.4% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 929.3% above the Consumer Packaged Goods median (#1394 of 1447)

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


Hindustan Unilever Business Description

Other Exchanges 500696:India
Address B. D. Sawant Marg, Unilever House, Chakala, Andheri (East), Mumbai, MH, IND, 400099
Hindustan Unilever Ltd is an Indian consumer goods company. The firm offers different brands from distinct categories, including cosmetics and hygiene items, such as detergents, soaps, shampoos, skincare, toothpaste, and deodorants, as well as food and beverages (tea, coffee, packaged foods). Its product portfolio contains household brands such as Lux, Lifebuoy, Pepsodent, Closeup, Pureit, Axe, Brooke Bond, Bru, Knorr, Kissan, Pond's, Vaseline, Lakme, Dove, Clinic Plus, Sunsilk, Kwality Wall's, Surf Excel, Rin, Wheel, and Fair and Lovely. The company's segments include Home Care, which generates maximum revenue, Beauty & Wellbeing, Personal Care, Foods, and others. Geographically, it generates a majority of its revenue from India.
91GF Score

Get the complete analysis for NSE:HINDUNILVR

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

₹2,079.50
Price
₹2,580.13
GF Value