Honda India Power Products (NSE:HONDAPOWER) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:HONDAPOWER Honda India Power Products Ltd NSE:HONDAPOWER
75 GF Score
Price ₹1,930.30
GF Value ₹2,412.35
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Honda India Power Products Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Honda India Power Products  (NSE:HONDAPOWER) 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.


Honda India Power Products Cyclically Adjusted PS Ratio Related Terms


Honda India Power Products Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Honda India Power Products'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.

Honda India Power Products Cyclically Adjusted PS Ratio Chart

Honda India Power Products 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 1.35 2.00 2.09 1.90 1.69

Honda India Power Products 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 2.70 2.49 2.12 1.66 1.93

NSE:HONDAPOWER vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Honda India Power Products'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.


Honda India Power Products Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Honda India Power Products's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Honda India Power Products's Cyclically Adjusted PS Ratio falls into.


NSE:HONDAPOWER
75GF Score
Honda India Power Products Ltd NSE:HONDAPOWER
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Honda India Power Products 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.

Honda India Power Products's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Honda India Power Products'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)
=186.581/167.3573*167.3573
=186.581

Current CPI (Jun. 2026) = 167.3573.

Honda India Power Products Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 173.015 105.961 273.264
201612 173.734 105.196 276.395
201703 186.699 105.196 297.021
201706 170.994 107.109 267.178
201709 181.878 109.021 279.198
201712 200.472 109.404 306.666
201803 203.627 109.786 310.407
201806 178.753 111.317 268.744
201809 181.868 115.142 264.343
201812 216.522 115.142 314.712
201903 227.229 118.202 321.724
201906 202.473 120.880 280.323
201909 206.860 123.175 281.060
201912 234.426 126.235 310.792
202003 192.910 124.705 258.890
202006 108.754 127.000 143.313
202009 244.058 130.118 313.907
202012 281.434 130.889 359.847
202103 291.450 131.771 370.161
202106 260.513 134.084 325.160
202109 227.614 135.847 280.410
202112 332.749 138.161 403.067
202203 319.105 138.822 384.699
202206 197.238 142.347 231.892
202209 388.521 144.661 449.477
202212 334.070 145.763 383.562
202303 308.881 146.865 351.981
202306 206.998 150.280 230.520
202309 280.556 151.492 309.938
202312 259.665 152.924 284.172
202403 227.899 153.035 249.229
202406 142.136 155.789 152.691
202409 174.701 157.882 185.185
202412 201.300 158.323 212.787
202503 264.890 157.552 281.376
202506 152.725 159.755 159.993
202509 173.133 162.289 178.540
202512 266.586 163.281 273.242
202603 260.799 164.272 265.697
202606 186.581 167.357 186.581

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.

Is Honda India Power Products (NSE:HONDAPOWER) Overvalued in 2026?

Based on GuruFocus' analysis, Honda India Power Products stock appears to be undervalued. The current stock price of ₹1,930.30 is trading 20% below its estimated GF Value™ of ₹2,412.35. GuruFocus considers Honda India Power Products to be Modestly Undervalued.

Key valuation signals for NSE:HONDAPOWER:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹2,412.35 vs. price of ₹1,930.30 (20% below fair value)
  • GF Score™: 75/100 with 4 warning signs

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


Honda India Power Products Business Description

Other Exchanges 522064:India
Address Plot No. 5, Sector-41 Kasna, Greater Noida Industrial Development Area, District Gautam Budh Nagar, Greater Noida, UP, IND, 201310
Honda India Power Products Ltd is engaged in manufacturing and marketing the portable gensets, water pumps, general purpose engines, lawn mowers, brush cutters, tillers, and marine engines. The geographical spread of the company business is present across Indian as well as international markets and generating revenues from the sale of its products.
75GF Score

Get the complete analysis for NSE:HONDAPOWER

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

₹1,930.30
Price
₹2,412.35
GF Value