Honda India Power Products (NSE:HONDAPOWER) Cyclically Adjusted PS Ratio: 1.88 (As of Aug. 07, 2026) — Near Median

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NSE:HONDAPOWER Honda India Power Products Ltd NSE:HONDAPOWER
74 GF Score
Price ₹2,090.50
GF Value ₹2,465.76
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Honda India Power Products Cyclically Adjusted PS Ratio?

Honda India Power Products NSE:HONDAPOWER -0.43% 74 Cyclically Adjusted PS Ratio is 1.88 as of Aug. 07, 2026, which is 5% below its 10-year median of 1.97. GuruFocus rates NSE:HONDAPOWER with a GF Score™ of 74/100 and a GF Value™ of ₹2,465.76 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,293 Industrial Products companies, Honda India Power Products ranks worse than 52.77% on this metric.

As of today (2026-08-07), Honda India Power Products's current share price is ₹2090.50. Honda India Power Products's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹1,112.47. Honda India Power Products's Cyclically Adjusted PS Ratio for today is 1.88.

The historical rank and industry rank for Honda India Power Products's Cyclically Adjusted PS Ratio or its related term are showing as below:

NSE:HONDAPOWER' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.97   Max: 3.85
Current: 1.88

During the past years, Honda India Power Products's highest Cyclically Adjusted PS Ratio was 3.85. The lowest was 0.94. And the median was 1.97.

NSE:HONDAPOWER's Cyclically Adjusted PS Ratio is ranked worse than
52.77% of 2293 companies
in the Industrial Products industry
Industry Median: 1.71 vs NSE:HONDAPOWER: 1.88

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.

Honda India Power Products's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹186.527. 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 ₹1,112.47 for the trailing ten years ended in Jun. 2026.

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 1.32 1.97 2.07 1.88 1.68

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 2.72 2.51 2.13 1.68 1.96

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
74GF 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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2090.50/1112.47
=1.88

* 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'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)
=186.527/166.1454*166.1454
=186.527

Current CPI (Jun. 2026) = 166.1454.

Honda India Power Products Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 173.016 105.961 271.286
201612 173.736 105.196 274.397
201703 195.339 105.196 308.516
201706 170.978 107.109 265.218
201709 181.897 109.021 277.206
201712 200.473 109.404 304.447
201803 195.445 109.786 295.777
201806 178.824 111.317 266.904
201809 181.995 115.142 262.612
201812 216.502 115.142 312.404
201903 218.995 118.202 307.820
201906 202.455 120.880 278.268
201909 206.862 123.175 279.027
201912 234.451 126.235 308.574
202003 178.340 124.705 237.604
202006 108.744 127.000 142.262
202009 244.132 130.118 311.728
202012 281.380 130.889 357.173
202103 277.179 131.771 349.487
202106 260.515 134.084 322.807
202109 227.682 135.847 278.463
202112 332.719 138.161 400.112
202203 301.567 138.822 360.923
202206 197.201 142.347 230.170
202209 388.524 144.661 446.226
202212 334.073 145.763 380.788
202303 290.958 146.865 329.156
202306 206.979 150.280 228.830
202309 280.558 151.492 307.696
202312 259.667 152.924 282.117
202403 216.989 153.035 235.579
202406 142.123 155.789 151.571
202409 174.702 157.882 183.846
202412 201.301 158.323 211.247
202503 264.892 157.552 279.341
202506 152.786 159.755 158.897
202509 173.100 162.289 177.213
202512 266.509 163.281 271.185
202603 260.801 164.272 263.775
202606 186.527 166.145 186.527

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 1.88 mean?
Honda India Power Products (NSE:HONDAPOWER) has a Cyclically Adjusted PS Ratio of 1.88 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 Honda India Power Products and its competitors. This is near median its historical median of 1.97. Over the past decade, Honda India Power Products' Cyclically Adjusted PS Ratio has ranged from 0.94 to 3.85. According to the industry distribution chart, Honda India Power Products ranks #1210 out of 2293 companies in the Industrial Products industry, placing it in the top 52.8%.
Is Honda India Power Products' Cyclically Adjusted PS Ratio too high?
Honda India Power Products' current Cyclically Adjusted PS Ratio of 1.88 is near median its 10-year median of 1.97. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 3.85. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.71. Honda India Power Products' value of 1.88 is 9.9% above this industry median. Based on the distribution chart, Honda India Power Products ranks #1210 out of 2293 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Honda India Power Products has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Honda India Power Products' Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Honda India Power Products ranks #1210 out of 2293 companies for Cyclically Adjusted PS Ratio. This places Honda India Power Products in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.71. Honda India Power Products' value of 1.88 is 9.9% above this benchmark. Historically, Honda India Power Products' own Cyclically Adjusted PS Ratio has ranged from 0.94 to 3.85 over the past decade. While the company's 10-year median is 1.97 vs. the industry median of 1.71, Honda India Power Products 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.71, based on 2,293 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. Honda India Power Products's current Cyclically Adjusted PS Ratio of 1.88 is 9.9% 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 Honda India Power Products and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honda India Power Products's current Cyclically Adjusted PS Ratio is 1.88, which is near median its own 10-year median of 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honda India Power Products stock overvalued right now?
Based on GuruFocus' analysis, Honda India Power Products (NSE:HONDAPOWER) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,465.76, compared to a current price of ₹2,090.50 — trading 15.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.88, which is near median its 10-year median of 1.97 and 9.9% above the Industrial Products industry median of 1.71. Honda India Power Products' overall GF Score™ is 74/100 with 4 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 Honda India Power Products (NSE:HONDAPOWER), the current Cyclically Adjusted PS Ratio is 1.88 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 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 ₹2,090.50 is trading 15.2% below its estimated GF Value™ of ₹2,465.76. GuruFocus considers Honda India Power Products to be Modestly Undervalued.

Key valuation signals for NSE:HONDAPOWER:

  • Cyclically Adjusted PS Ratio: 1.88 (near median its 10-year median of 1.97)
  • GF Value™: ₹2,465.76 vs. price of ₹2,090.50 (15.2% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 9.9% above the Industrial Products median (#1210 of 2293)

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.
74GF 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.

₹2,090.50
Price
₹2,465.76
GF Value