Himadri Speciality Chemical (NSE:HSCL) Cyclically Adjusted PS Ratio: 8.72 (As of Jul. 20, 2026) — 46% Above Median

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NSE:HSCL Himadri Speciality Chemical Ltd NSE:HSCL
80 GF Score
Price ₹741.55
GF Value ₹502.80
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Himadri Speciality Chemical Cyclically Adjusted PS Ratio?

Himadri Speciality Chemical NSE:HSCL +2.66% 80 Cyclically Adjusted PS Ratio is 8.72 as of Jul. 20, 2026, which is 46% above its 10-year median of 5.98. GuruFocus rates NSE:HSCL with a GF Score™ of 80/100 and a GF Value™ of ₹502.80 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,278 Chemicals companies, Himadri Speciality Chemical ranks worse than 92.88% on this metric.

As of today (2026-07-20), Himadri Speciality Chemical's current share price is ₹741.55. Himadri Speciality Chemical's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹85.07. Himadri Speciality Chemical's Cyclically Adjusted PS Ratio for today is 8.72.

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

NSE:HSCL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.16   Med: 5.98   Max: 8.72
Current: 8.72

During the past years, Himadri Speciality Chemical's highest Cyclically Adjusted PS Ratio was 8.72. The lowest was 5.16. And the median was 5.98.

NSE:HSCL's Cyclically Adjusted PS Ratio is ranked worse than
92.88% of 1278 companies
in the Chemicals industry
Industry Median: 1.29 vs NSE:HSCL: 8.72

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.

Himadri Speciality Chemical's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹28.386. 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 ₹85.07 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Himadri Speciality Chemical  (NSE:HSCL) 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.


Himadri Speciality Chemical Cyclically Adjusted PS Ratio Related Terms


Himadri Speciality Chemical Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Himadri Speciality Chemical'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.

Himadri Speciality Chemical Cyclically Adjusted PS Ratio Chart

Himadri Speciality Chemical 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 5.45 5.33

Himadri Speciality Chemical 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 6.54 5.47 6.00 5.33 7.98

NSE:HSCL vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Himadri Speciality Chemical'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.


Himadri Speciality Chemical Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Himadri Speciality Chemical's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Himadri Speciality Chemical's Cyclically Adjusted PS Ratio falls into.


NSE:HSCL
80GF Score
Himadri Speciality Chemical Ltd NSE:HSCL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Himadri Speciality Chemical 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.

Himadri Speciality Chemical's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=741.55/85.07
=8.72

* 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.

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

For example, Himadri Speciality Chemical'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)
=28.386/166.1454*166.1454
=28.386

Current CPI (Jun. 2026) = 166.1454.

Himadri Speciality Chemical Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 8.739 83.774 17.332
201303 8.420 85.687 16.326
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 14.980 111.317 22.358
201809 14.809 115.142 21.369
201812 14.102 115.142 20.349
201903 13.943 118.202 19.598
201906 12.474 120.880 17.145
201909 11.651 123.175 15.716
201912 10.257 126.235 13.500
202003 8.388 124.705 11.175
202006 6.159 127.000 8.057
202009 9.232 130.118 11.788
202012 11.047 130.889 14.023
202103 14.108 131.771 17.788
202106 13.019 134.084 16.132
202109 15.086 135.847 18.451
202112 18.415 138.161 22.145
202203 19.973 138.822 23.904
202206 24.946 142.347 29.117
202209 25.345 144.661 29.109
202212 24.666 145.763 28.115
202303 24.216 146.865 27.395
202306 21.965 150.280 24.284
202309 22.857 151.492 25.068
202312 23.890 152.924 25.955
202403 24.484 153.035 26.582
202406 24.278 155.789 25.892
202409 22.846 157.882 24.042
202412 22.884 158.323 24.015
202503 22.754 157.552 23.995
202506 22.466 159.755 23.365
202509 21.522 162.289 22.033
202512 23.648 163.281 24.063
202603 25.526 164.272 25.817
202606 28.386 166.145 28.386

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 8.72 mean?
Himadri Speciality Chemical (NSE:HSCL) has a Cyclically Adjusted PS Ratio of 8.72 as of Jul. 20, 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 Himadri Speciality Chemical and its competitors. This is 46% above median its historical median of 5.98. Over the past decade, Himadri Speciality Chemical's Cyclically Adjusted PS Ratio has ranged from 5.16 to 8.72. According to the industry distribution chart, Himadri Speciality Chemical ranks #1187 out of 1278 companies in the Chemicals industry, placing it in the top 92.9%.
Is Himadri Speciality Chemical's Cyclically Adjusted PS Ratio too high?
Himadri Speciality Chemical's current Cyclically Adjusted PS Ratio of 8.72 is 46% above median its 10-year median of 5.98. Over the past 10 years, this metric has ranged from a low of 5.16 to a high of 8.72. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.29. Himadri Speciality Chemical's value of 8.72 is 576% above this industry median. Based on the distribution chart, Himadri Speciality Chemical ranks #1187 out of 1278 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Himadri Speciality Chemical has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Himadri Speciality Chemical's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Himadri Speciality Chemical ranks #1187 out of 1278 companies for Cyclically Adjusted PS Ratio. This places Himadri Speciality Chemical in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.29. Himadri Speciality Chemical's value of 8.72 is 576% above this benchmark. Historically, Himadri Speciality Chemical's own Cyclically Adjusted PS Ratio has ranged from 5.16 to 8.72 over the past decade. While the company's 10-year median is 5.98 vs. the industry median of 1.29, Himadri Speciality Chemical 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.29, based on 1,278 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. Himadri Speciality Chemical's current Cyclically Adjusted PS Ratio of 8.72 is 576% 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 Himadri Speciality Chemical and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Himadri Speciality Chemical's current Cyclically Adjusted PS Ratio is 8.72, which is 46% above median its own 10-year median of 5.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Himadri Speciality Chemical stock overvalued right now?
Based on GuruFocus' analysis, Himadri Speciality Chemical (NSE:HSCL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹502.80, compared to a current price of ₹741.55 — trading 47.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 8.72, which is 46% above median its 10-year median of 5.98 and 576% above the Chemicals industry median of 1.29. Himadri Speciality Chemical's overall GF Score™ is 80/100 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 Himadri Speciality Chemical (NSE:HSCL), the current Cyclically Adjusted PS Ratio is 8.72 as of Jul. 20, 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 Himadri Speciality Chemical (NSE:HSCL) Overvalued in 2026?

Based on GuruFocus' analysis, Himadri Speciality Chemical stock appears to be overvalued. The current stock price of ₹741.55 is trading 47.5% above its estimated GF Value™ of ₹502.80. GuruFocus considers Himadri Speciality Chemical to be Significantly Overvalued.

Key valuation signals for NSE:HSCL:

  • Cyclically Adjusted PS Ratio: 8.72 (46% above median its 10-year median of 5.98)
  • GF Value™: ₹502.80 vs. price of ₹741.55 (47.5% above fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 576% above the Chemicals median (#1187 of 1278)

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


Himadri Speciality Chemical Business Description

Other Exchanges 500184:India
Address India Exchange Place, 2nd Floor, Ruby House 8, Kolkata, WB, IND, 700 001
Himadri Speciality Chemical Ltd is an Indian Coal Tar Pitch manufacturer with supplies to aluminium and graphite manufacturers. The company operates its business through two segments, which include Carbon Materials and chemicals; Power; and Others. Through its operating segments, the company serves coal tar pitch to various industries to help manufacture aluminum, graphite electrodes, warhead missiles, lithium-ion batteries, and sulfonated naphthalene formaldehyde. Himadri also generates power through the windmills, which are marketed to the state electricity grid. The majority of its revenue is derived from the Carbon materials and chemicals segment. The group has a business presence in India, where it generates maximum revenue; and Outside India.
80GF Score

Get the complete analysis for NSE:HSCL

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

₹741.55
Price
₹502.80
GF Value