Hindustan Media Ventures (NSE:HMVL) Cyclically Adjusted PS Ratio: 0.71 (As of Jul. 23, 2026) — 29% Above Median

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NSE:HMVL Hindustan Media Ventures Ltd NSE:HMVL
70 GF Score
Price ₹91.39
GF Value ₹93.35
Valuation Fairly Valued
! 6 Warning Signs
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What is Hindustan Media Ventures Cyclically Adjusted PS Ratio?

Hindustan Media Ventures NSE:HMVL -0.20% 70 Cyclically Adjusted PS Ratio is 0.71 as of Jul. 23, 2026, which is 29% above its 10-year median of 0.55. GuruFocus rates NSE:HMVL with a GF Score™ of 70/100 and a GF Value™ of ₹93.35 (Fairly Valued). The stock has 6 warning signs investors should review. Among 733 Media - Diversified companies, Hindustan Media Ventures ranks better than 53.34% on this metric.

As of today (2026-07-23), Hindustan Media Ventures's current share price is ₹91.39. Hindustan Media Ventures's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹128.88. Hindustan Media Ventures's Cyclically Adjusted PS Ratio for today is 0.71.

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

NSE:HMVL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.55   Max: 0.89
Current: 0.69

During the past years, Hindustan Media Ventures's highest Cyclically Adjusted PS Ratio was 0.89. The lowest was 0.30. And the median was 0.55.

NSE:HMVL's Cyclically Adjusted PS Ratio is ranked better than
53.34% of 733 companies
in the Media - Diversified industry
Industry Median: 0.78 vs NSE:HMVL: 0.69

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 Media Ventures's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹29.255. 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 ₹128.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hindustan Media Ventures  (NSE:HMVL) 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 Media Ventures Cyclically Adjusted PS Ratio Related Terms


Hindustan Media Ventures Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hindustan Media Ventures'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 Media Ventures Cyclically Adjusted PS Ratio Chart

Hindustan Media Ventures 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 0.45 0.30 0.79 0.62 0.43

Hindustan Media Ventures 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 0.62 0.68 0.64 0.53 0.43

NSE:HMVL vs NYT, WLY: Cyclically Adjusted PS Ratio Comparison

For the Publishing subindustry, Hindustan Media Ventures'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 Media Ventures Cyclically Adjusted PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hindustan Media Ventures's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:HMVL
70GF Score
Hindustan Media Ventures Ltd NSE:HMVL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=91.39/128.88
=0.71

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

For example, Hindustan Media Ventures'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)
=29.255/164.2724*164.2724
=29.255

Current CPI (Mar. 2026) = 164.2724.

Hindustan Media Ventures Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 30.937 102.518 49.573
201606 32.614 105.961 50.562
201609 31.286 105.961 48.503
201612 31.373 105.196 48.992
201703 29.116 105.196 45.467
201706 32.287 107.109 49.519
201709 28.720 109.021 43.275
201712 31.351 109.404 47.074
201803 27.533 109.786 41.197
201809 28.062 115.142 40.036
201812 30.000 115.142 42.801
201903 27.023 118.202 37.555
201906 29.595 120.880 40.219
201909 26.148 123.175 34.872
201912 28.326 126.235 36.861
202003 22.544 124.705 29.697
202006 12.240 127.000 15.832
202009 17.703 130.118 22.350
202012 22.055 130.889 27.680
202103 20.452 131.771 25.497
202106 14.770 134.084 18.095
202109 22.166 135.847 26.804
202112 27.103 138.161 32.225
202203 19.913 138.822 23.564
202206 22.786 142.347 26.296
202209 23.813 144.661 27.041
202212 24.031 145.763 27.083
202303 19.336 146.865 21.628
202306 22.793 150.280 24.915
202309 22.353 151.492 24.239
202312 24.542 152.924 26.363
202403 20.408 153.035 21.907
202406 21.832 155.789 23.021
202409 23.312 157.882 24.256
202412 26.454 158.323 27.448
202503 24.641 157.552 25.692
202506 24.839 159.755 25.541
202509 26.757 162.289 27.084
202512 28.617 163.281 28.791
202603 29.255 164.272 29.255

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 0.71 mean?
Hindustan Media Ventures (NSE:HMVL) has a Cyclically Adjusted PS Ratio of 0.71 as of Jul. 23, 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 Media Ventures and its competitors. This is 29% above median its historical median of 0.55. Over the past decade, Hindustan Media Ventures' Cyclically Adjusted PS Ratio has ranged from 0.30 to 0.89. According to the industry distribution chart, Hindustan Media Ventures ranks #342 out of 733 companies in the Media - Diversified industry, placing it in the top 46.7%.
Is Hindustan Media Ventures' Cyclically Adjusted PS Ratio too high?
Hindustan Media Ventures' current Cyclically Adjusted PS Ratio of 0.71 is 29% above median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.89. The Media - Diversified industry median Cyclically Adjusted PS Ratio is 0.78. Hindustan Media Ventures' value of 0.71 is 9% below this industry median. Based on the distribution chart, Hindustan Media Ventures ranks #342 out of 733 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Hindustan Media Ventures has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Media Ventures' Cyclically Adjusted PS Ratio compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Hindustan Media Ventures ranks #342 out of 733 companies for Cyclically Adjusted PS Ratio. This puts Hindustan Media Ventures in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.78. Hindustan Media Ventures' value of 0.71 is 9% below this benchmark. Historically, Hindustan Media Ventures' own Cyclically Adjusted PS Ratio has ranged from 0.30 to 0.89 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 0.78, Hindustan Media Ventures has consistently been below 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 Media - Diversified company?
The median Cyclically Adjusted PS Ratio among Media - Diversified companies is 0.78, based on 733 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 Media Ventures's current Cyclically Adjusted PS Ratio of 0.71 is 9% below 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 Media Ventures and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PS Ratio is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindustan Media Ventures's current Cyclically Adjusted PS Ratio is 0.71, which is 29% above median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Media Ventures stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Media Ventures (NSE:HMVL) is currently considered Fairly Valued. The stock's GF Value™ is ₹93.35, compared to a current price of ₹91.39 — trading 2.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.71, which is 29% above median its 10-year median of 0.55 and 9% below the Media - Diversified industry median of 0.78. Hindustan Media Ventures' overall GF Score™ is 70/100 with 6 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 Media Ventures (NSE:HMVL), the current Cyclically Adjusted PS Ratio is 0.71 as of Jul. 23, 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 Media Ventures (NSE:HMVL) Overvalued in 2026?

Based on GuruFocus' analysis, Hindustan Media Ventures stock appears to be undervalued. The current stock price of ₹91.39 is trading 2.1% below its estimated GF Value™ of ₹93.35. GuruFocus considers Hindustan Media Ventures to be Fairly Valued.

Key valuation signals for NSE:HMVL:

  • Cyclically Adjusted PS Ratio: 0.71 (29% above median its 10-year median of 0.55)
  • GF Value™: ₹93.35 vs. price of ₹91.39 (2.1% below fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 9% below the Media - Diversified median (#342 of 733)

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


Hindustan Media Ventures Business Description

Other Exchanges 533217:India
Address 18-20, Kasturba Gandhi Marg, Hindustan Times House, 2nd Floor, New Delhi, IND, 110 001
Hindustan Media Ventures Ltd is an Indian newspaper publishing company. It is engaged in the business of printing and publication of newspapers and periodicals. It publishes global, national and local news, covering politics, business, entertainment, sports and other topics of general interest. The company publishes Hindustan, a Hindi Daily, and Hindi magazines Nandan, Kadambini, and Hum Tum, among others. The group sells its products mostly within India.
70GF Score

Get the complete analysis for NSE:HMVL

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

₹91.39
Price
₹93.35
GF Value