IG Petrochemicals (NSE:IGPL) Cyclically Adjusted PS Ratio: 0.68 (As of Jul. 17, 2026) — 20% Below Median

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NSE:IGPL IG Petrochemicals Ltd NSE:IGPL
77 GF Score
Price ₹427.85
GF Value ₹398.58
Valuation Fairly Valued
! 11 Warning Signs
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What is IG Petrochemicals Cyclically Adjusted PS Ratio?

IG Petrochemicals NSE:IGPL -0.86% 77 Cyclically Adjusted PS Ratio is 0.68 as of Jul. 17, 2026, which is 20% below its 10-year median of 0.85. GuruFocus rates NSE:IGPL with a GF Score™ of 77/100 and a GF Value™ of ₹398.58 (Fairly Valued). The stock has 11 warning signs investors should review. Among 1,279 Chemicals companies, IG Petrochemicals ranks better than 68.73% on this metric.

As of today (2026-07-17), IG Petrochemicals's current share price is ₹427.85. IG Petrochemicals's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹626.76. IG Petrochemicals's Cyclically Adjusted PS Ratio for today is 0.68.

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

NSE:IGPL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.85   Max: 1.61
Current: 0.69

During the past years, IG Petrochemicals's highest Cyclically Adjusted PS Ratio was 1.61. The lowest was 0.53. And the median was 0.85.

NSE:IGPL's Cyclically Adjusted PS Ratio is ranked better than
68.73% of 1279 companies
in the Chemicals industry
Industry Median: 1.32 vs NSE:IGPL: 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.

IG Petrochemicals's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹170.175. 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 ₹626.76 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


IG Petrochemicals  (NSE:IGPL) 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.


IG Petrochemicals Cyclically Adjusted PS Ratio Related Terms


IG Petrochemicals Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for IG Petrochemicals'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.

IG Petrochemicals Cyclically Adjusted PS Ratio Chart

IG Petrochemicals 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 1.41 0.74 0.73 0.69 0.53

IG Petrochemicals 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 0.69 0.77 0.67 0.64 0.53

NSE:IGPL vs DOW: Cyclically Adjusted PS Ratio Comparison

For the Chemicals subindustry, IG Petrochemicals'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.


IG Petrochemicals Cyclically Adjusted PS Ratio vs Chemicals Industry

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

* The bar in red indicates where IG Petrochemicals's Cyclically Adjusted PS Ratio falls into.


NSE:IGPL
77GF Score
IG Petrochemicals Ltd NSE:IGPL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IG Petrochemicals 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.

IG Petrochemicals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=427.85/626.76
=0.68

* 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.

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

For example, IG Petrochemicals'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)
=170.175/164.2724*164.2724
=170.175

Current CPI (Mar. 2026) = 164.2724.

IG Petrochemicals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 90.391 97.163 152.823
201506 91.681 99.841 150.847
201509 79.976 101.753 129.115
201512 66.790 102.901 106.624
201603 70.988 102.518 113.749
201606 82.453 105.961 127.828
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 113.966 111.317 168.182
201809 105.252 115.142 150.163
201812 102.402 115.142 146.096
201903 100.212 118.202 139.271
201906 80.405 120.880 109.268
201909 86.654 123.175 115.566
201912 89.302 126.235 116.210
202003 85.171 124.705 112.195
202006 45.960 127.000 59.448
202009 78.677 130.118 99.329
202012 102.185 130.889 128.247
202103 137.008 131.771 170.802
202106 125.841 134.084 154.173
202109 152.969 135.847 184.977
202112 164.599 138.161 195.707
202203 167.194 138.822 197.846
202206 214.235 142.347 247.232
202209 184.820 144.661 209.876
202212 168.354 145.763 189.732
202303 195.539 146.865 218.716
202306 180.259 150.280 197.043
202309 162.848 151.492 176.586
202312 158.528 152.924 170.292
202403 178.188 153.035 191.273
202406 189.956 155.789 200.300
202409 189.315 157.882 196.977
202412 181.244 158.323 188.055
202503 156.006 157.552 162.661
202506 152.736 159.755 157.055
202509 150.963 162.289 152.808
202512 150.876 163.281 151.792
202603 170.175 164.272 170.175

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 0.68 mean?
IG Petrochemicals (NSE:IGPL) has a Cyclically Adjusted PS Ratio of 0.68 as of Jul. 17, 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 IG Petrochemicals and its competitors. This is 20% below median its historical median of 0.85. Over the past decade, IG Petrochemicals' Cyclically Adjusted PS Ratio has ranged from 0.53 to 1.61. According to the industry distribution chart, IG Petrochemicals ranks #400 out of 1279 companies in the Chemicals industry, placing it in the top 31.3%.
Is IG Petrochemicals' Cyclically Adjusted PS Ratio too high?
IG Petrochemicals' current Cyclically Adjusted PS Ratio of 0.68 is 20% below median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 1.61. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.32. IG Petrochemicals' value of 0.68 is 48.5% below this industry median. Based on the distribution chart, IG Petrochemicals ranks #400 out of 1279 companies in the Chemicals industry, which is above the industry midpoint. Overall, IG Petrochemicals has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IG Petrochemicals' Cyclically Adjusted PS Ratio compare to DOW?
According to the Chemicals industry distribution chart, IG Petrochemicals ranks #400 out of 1279 companies for Cyclically Adjusted PS Ratio. This puts IG Petrochemicals in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.32. IG Petrochemicals' value of 0.68 is 48.5% below this benchmark. Historically, IG Petrochemicals' own Cyclically Adjusted PS Ratio has ranged from 0.53 to 1.61 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 1.32, IG Petrochemicals 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.32, based on 1,279 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. IG Petrochemicals's current Cyclically Adjusted PS Ratio of 0.68 is 48.5% 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 IG Petrochemicals and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IG Petrochemicals's current Cyclically Adjusted PS Ratio is 0.68, which is 20% below median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IG Petrochemicals stock overvalued right now?
Based on GuruFocus' analysis, IG Petrochemicals (NSE:IGPL) is currently considered Fairly Valued. The stock's GF Value™ is ₹398.58, compared to a current price of ₹427.85 — trading 7.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.68, which is 20% below median its 10-year median of 0.85 and 48.5% below the Chemicals industry median of 1.32. IG Petrochemicals' overall GF Score™ is 77/100 with 11 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 IG Petrochemicals (NSE:IGPL), the current Cyclically Adjusted PS Ratio is 0.68 as of Jul. 17, 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 IG Petrochemicals (NSE:IGPL) Overvalued in 2026?

Based on GuruFocus' analysis, IG Petrochemicals stock appears to be overvalued. The current stock price of ₹427.85 is trading 7.3% above its estimated GF Value™ of ₹398.58. GuruFocus considers IG Petrochemicals to be Fairly Valued.

Key valuation signals for NSE:IGPL:

  • Cyclically Adjusted PS Ratio: 0.68 (20% below median its 10-year median of 0.85)
  • GF Value™: ₹398.58 vs. price of ₹427.85 (7.3% above fair value)
  • GF Score™: 77/100 with 11 warning signs
  • Industry Position: 48.5% below the Chemicals median (#400 of 1279)

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


IG Petrochemicals Business Description

Other Exchanges 500199:India
Address 214, Nariman Point, Free Press Journal Marg, 401- 404, Raheja Centre, Mumbai, MH, IND, 400021
IG Petrochemicals Ltd is engaged in the manufacture and sale of organic chemicals. The company produces Phthalic Anhydride, Maleic Anhydride, and Benzoic Acid. Phthalic Anhydride is used for the manufacture of polyvinyl chloride products for manufacturing a range of consumer care, personal care, and home care products like shoes, pipes and hoses, boxes, containers, packaging films, medical and surgical equipment, and others. Geographically, the firm has a presence in both the Indian and international markets of which the Indian region accounts for the majority of revenue.
77GF Score

Get the complete analysis for NSE:IGPL

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

₹427.85
Price
₹398.58
GF Value