Igarashi Motors India (NSE:IGARASHI) Cyclically Adjusted PS Ratio: 1.90 (As of Jul. 30, 2026) — 13% Below Median

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NSE:IGARASHI Igarashi Motors India Ltd NSE:IGARASHI
78 GF Score
Price ₹455.85
GF Value ₹631.78
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Igarashi Motors India Cyclically Adjusted PS Ratio?

Igarashi Motors India NSE:IGARASHI +1.97% 78 Cyclically Adjusted PS Ratio is 1.90 as of Jul. 30, 2026, which is 13% below its 10-year median of 2.19. GuruFocus rates NSE:IGARASHI with a GF Score™ of 78/100 and a GF Value™ of ₹631.78 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,043 Vehicles & Parts companies, Igarashi Motors India ranks worse than 76.03% on this metric.

As of today (2026-07-30), Igarashi Motors India's current share price is ₹455.85. Igarashi Motors India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹239.96. Igarashi Motors India's Cyclically Adjusted PS Ratio for today is 1.90.

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

NSE:IGARASHI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.24   Med: 2.19   Max: 3.68
Current: 1.9

During the past years, Igarashi Motors India's highest Cyclically Adjusted PS Ratio was 3.68. The lowest was 1.24. And the median was 2.19.

NSE:IGARASHI's Cyclically Adjusted PS Ratio is ranked worse than
76.03% of 1043 companies
in the Vehicles & Parts industry
Industry Median: 0.72 vs NSE:IGARASHI: 1.90

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.

Igarashi Motors India's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹72.257. 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 ₹239.96 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Igarashi Motors India  (NSE:IGARASHI) 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.


Igarashi Motors India Cyclically Adjusted PS Ratio Related Terms


Igarashi Motors India Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Igarashi Motors India'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.

Igarashi Motors India Cyclically Adjusted PS Ratio Chart

Igarashi Motors India 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 1.88 1.73 1.97 2.21 1.14

Igarashi Motors India 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 2.21 2.13 2.13 1.84 1.14

NSE:IGARASHI vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, Igarashi Motors India'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.


Igarashi Motors India Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Igarashi Motors India's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Igarashi Motors India's Cyclically Adjusted PS Ratio falls into.


NSE:IGARASHI
78GF Score
Igarashi Motors India Ltd NSE:IGARASHI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Igarashi Motors India 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.

Igarashi Motors India's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=455.85/239.96
=1.90

* 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.

Igarashi Motors India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Igarashi Motors India'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)
=72.257/164.2724*164.2724
=72.257

Current CPI (Mar. 2026) = 164.2724.

Igarashi Motors India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 36.428 105.961 56.475
201609 37.712 105.961 58.465
201612 36.134 105.196 56.426
201703 38.079 105.196 59.464
201706 38.758 107.109 59.443
201709 36.437 109.021 54.903
201712 47.728 109.404 71.665
201803 30.833 109.786 46.135
201806 51.261 111.317 75.647
201809 54.790 115.142 78.169
201812 40.952 115.142 58.426
201903 40.938 118.202 56.894
201906 41.699 120.880 56.668
201909 43.975 123.175 58.647
201912 46.549 126.235 60.575
202003 34.194 124.705 45.043
202006 14.445 127.000 18.684
202009 47.725 130.118 60.252
202012 53.486 130.889 67.128
202103 49.642 131.771 61.886
202106 47.072 134.084 57.670
202109 50.452 135.847 61.009
202112 35.243 138.161 41.904
202203 38.734 138.822 45.835
202206 45.467 142.347 52.470
202209 55.958 144.661 63.544
202212 53.446 145.763 60.233
202303 48.600 146.865 54.361
202306 53.121 150.280 58.067
202309 56.406 151.492 61.165
202312 54.663 152.924 58.719
202403 59.079 153.035 63.417
202406 70.483 155.789 74.321
202409 68.780 157.882 71.564
202412 67.056 158.323 69.576
202503 60.034 157.552 62.595
202506 65.255 159.755 67.100
202509 69.536 162.289 70.386
202512 68.456 163.281 68.872
202603 72.257 164.272 72.257

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 1.90 mean?
Igarashi Motors India (NSE:IGARASHI) has a Cyclically Adjusted PS Ratio of 1.90 as of Jul. 30, 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 Igarashi Motors India and its competitors. This is 13% below median its historical median of 2.19. Over the past decade, Igarashi Motors India's Cyclically Adjusted PS Ratio has ranged from 1.24 to 3.68. According to the industry distribution chart, Igarashi Motors India ranks #793 out of 1043 companies in the Vehicles & Parts industry, placing it in the top 76%.
Is Igarashi Motors India's Cyclically Adjusted PS Ratio too high?
Igarashi Motors India's current Cyclically Adjusted PS Ratio of 1.90 is 13% below median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 3.68. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.72. Igarashi Motors India's value of 1.90 is 163.9% above this industry median. Based on the distribution chart, Igarashi Motors India ranks #793 out of 1043 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Igarashi Motors India has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Igarashi Motors India's Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Igarashi Motors India ranks #793 out of 1043 companies for Cyclically Adjusted PS Ratio. This places Igarashi Motors India in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.72. Igarashi Motors India's value of 1.90 is 163.9% above this benchmark. Historically, Igarashi Motors India's own Cyclically Adjusted PS Ratio has ranged from 1.24 to 3.68 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 0.72, Igarashi Motors India 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.72, based on 1,043 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. Igarashi Motors India's current Cyclically Adjusted PS Ratio of 1.90 is 163.9% 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 Igarashi Motors India and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Igarashi Motors India's current Cyclically Adjusted PS Ratio is 1.90, which is 13% below median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Igarashi Motors India stock overvalued right now?
Based on GuruFocus' analysis, Igarashi Motors India (NSE:IGARASHI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹631.78, compared to a current price of ₹455.85 — trading 27.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.90, which is 13% below median its 10-year median of 2.19 and 163.9% above the Vehicles & Parts industry median of 0.72. Igarashi Motors India's overall GF Score™ is 78/100 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 Igarashi Motors India (NSE:IGARASHI), the current Cyclically Adjusted PS Ratio is 1.90 as of Jul. 30, 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 Igarashi Motors India (NSE:IGARASHI) Overvalued in 2026?

Based on GuruFocus' analysis, Igarashi Motors India stock appears to be undervalued. The current stock price of ₹455.85 is trading 27.8% below its estimated GF Value™ of ₹631.78. GuruFocus considers Igarashi Motors India to be Modestly Undervalued.

Key valuation signals for NSE:IGARASHI:

  • Cyclically Adjusted PS Ratio: 1.90 (13% below median its 10-year median of 2.19)
  • GF Value™: ₹631.78 vs. price of ₹455.85 (27.8% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 163.9% above the Vehicles & Parts median (#793 of 1043)

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


Igarashi Motors India Business Description

Other Exchanges 517380:India
Address Plot No. B-12 to B-15, Phase II, MEPZ - SEZ, Tambaram, Chennai, TN, IND, 600 045
Igarashi Motors India Ltd produces micro motors and their accessories mainly for the automotive sector. It is engaged in designing and manufacturing small, permanent magnet DC motors. It has operations in India, Korea, the USA, Europe, and China, and the rest of the world. The company drives the majority of its sales in India.
78GF Score

Get the complete analysis for NSE:IGARASHI

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

₹455.85
Price
₹631.78
GF Value