India Motor Parts & Accessories (NSE:IMPAL) Cyclically Adjusted PS Ratio: 1.71 (As of Sep. 17, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:IMPAL India Motor Parts & Accessories Ltd NSE:IMPAL
82 GF Score
Price ₹1,065.00
GF Value ₹1,175.65
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is India Motor Parts & Accessories Cyclically Adjusted PS Ratio?

India Motor Parts & Accessories NSE:IMPAL -1.19% 82 Cyclically Adjusted PS Ratio is 1.71 as of Sep. 17, 2026, which is 4% above its 10-year median of 1.65. GuruFocus rates NSE:IMPAL with a GF Score™ of 82/100 and a GF Value™ of ₹1,175.65 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,043 Vehicles & Parts companies, India Motor Parts & Accessories ranks worse than 73.73% on this metric.

As of today (2026-09-17), India Motor Parts & Accessories's current share price is ₹1065.00. India Motor Parts & Accessories's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹624.61. India Motor Parts & Accessories's Cyclically Adjusted PS Ratio for today is 1.71.

The historical rank and industry rank for India Motor Parts & Accessories's Cyclically Adjusted PS Ratio or its related term are showing as below:

NSE:IMPAL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.65   Max: 2.39
Current: 1.74

During the past years, India Motor Parts & Accessories's highest Cyclically Adjusted PS Ratio was 2.39. The lowest was 1.02. And the median was 1.65.

NSE:IMPAL's Cyclically Adjusted PS Ratio is ranked worse than
73.73% of 1043 companies
in the Vehicles & Parts industry
Industry Median: 0.72 vs NSE:IMPAL: 1.74

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.

India Motor Parts & Accessories's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹187.732. 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 ₹624.61 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


India Motor Parts & Accessories  (NSE:IMPAL) 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.


India Motor Parts & Accessories Cyclically Adjusted PS Ratio Related Terms


India Motor Parts & Accessories Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for India Motor Parts & Accessories'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.

India Motor Parts & Accessories Cyclically Adjusted PS Ratio Chart

India Motor Parts & Accessories 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 1.07 1.70 1.66 1.55

India Motor Parts & Accessories 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 1.94 1.74 1.71 1.55 1.76

NSE:IMPAL vs ORLY, AZO, GPC: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, India Motor Parts & Accessories'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.


India Motor Parts & Accessories Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

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

* The bar in red indicates where India Motor Parts & Accessories's Cyclically Adjusted PS Ratio falls into.


NSE:IMPAL
82GF Score
India Motor Parts & Accessories Ltd NSE:IMPAL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

India Motor Parts & Accessories 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.

India Motor Parts & Accessories's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1065.00/624.608
=1.71

* 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.

India Motor Parts & Accessories's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, India Motor Parts & Accessories'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)
=187.732/167.3573*167.3573
=187.732

Current CPI (Jun. 2026) = 167.3573.

India Motor Parts & Accessories Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 103.707 91.425 189.840
201406 108.026 94.103 192.119
201409 100.369 96.780 173.563
201412 103.352 96.780 178.721
201503 97.694 97.163 168.272
201506 103.007 99.841 172.665
201509 96.712 101.753 159.066
201512 100.533 102.901 163.506
201603 100.894 102.518 164.706
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201906 114.034 120.880 157.879
201909 99.726 123.175 135.497
201912 114.957 126.235 152.405
202003 97.931 124.705 131.426
202006 51.294 127.000 67.594
202009 108.874 130.118 140.033
202012 133.945 130.889 171.265
202103 131.787 131.771 167.378
202106 95.553 134.084 119.265
202109 133.950 135.847 165.020
202112 146.418 138.161 177.360
202203 141.779 138.822 170.922
202206 151.779 142.347 178.446
202209 140.865 144.661 162.966
202212 152.933 145.763 175.590
202303 136.090 146.865 155.079
202306 155.873 150.280 173.586
202309 145.585 151.492 160.832
202312 149.343 152.924 163.438
202403 143.077 153.035 156.468
202406 158.566 155.789 170.341
202409 152.564 157.882 161.720
202412 169.607 158.323 179.285
202503 151.322 157.552 160.740
202506 157.604 159.755 165.104
202509 159.223 162.289 164.195
202512 185.088 163.281 189.709
202603 168.846 164.272 172.017
202606 187.732 167.357 187.732

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 1.71 mean?
India Motor Parts & Accessories (NSE:IMPAL) has a Cyclically Adjusted PS Ratio of 1.71 as of Sep. 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 India Motor Parts & Accessories and its competitors. This is near median its historical median of 1.65. Over the past decade, India Motor Parts & Accessories' Cyclically Adjusted PS Ratio has ranged from 1.02 to 2.39. According to the industry distribution chart, India Motor Parts & Accessories ranks #769 out of 1043 companies in the Vehicles & Parts industry, placing it in the top 73.7%.
Is India Motor Parts & Accessories' Cyclically Adjusted PS Ratio too high?
India Motor Parts & Accessories' current Cyclically Adjusted PS Ratio of 1.71 is near median its 10-year median of 1.65. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 2.39. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.72. India Motor Parts & Accessories' value of 1.71 is 137.5% above this industry median. Based on the distribution chart, India Motor Parts & Accessories ranks #769 out of 1043 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, India Motor Parts & Accessories has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does India Motor Parts & Accessories' Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, India Motor Parts & Accessories ranks #769 out of 1043 companies for Cyclically Adjusted PS Ratio. This places India Motor Parts & Accessories in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.72. India Motor Parts & Accessories' value of 1.71 is 137.5% above this benchmark. Historically, India Motor Parts & Accessories' own Cyclically Adjusted PS Ratio has ranged from 1.02 to 2.39 over the past decade. While the company's 10-year median is 1.65 vs. the industry median of 0.72, India Motor Parts & Accessories 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. India Motor Parts & Accessories's current Cyclically Adjusted PS Ratio of 1.71 is 137.5% 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 India Motor Parts & Accessories 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. India Motor Parts & Accessories's current Cyclically Adjusted PS Ratio is 1.71, which is near median its own 10-year median of 1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Motor Parts & Accessories stock overvalued right now?
Based on GuruFocus' analysis, India Motor Parts & Accessories (NSE:IMPAL) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,175.65, compared to a current price of ₹1,065.00 — trading 9.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.71, which is near median its 10-year median of 1.65 and 137.5% above the Vehicles & Parts industry median of 0.72. India Motor Parts & Accessories' overall GF Score™ is 82/100 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 India Motor Parts & Accessories (NSE:IMPAL), the current Cyclically Adjusted PS Ratio is 1.71 as of Sep. 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 India Motor Parts & Accessories (NSE:IMPAL) Overvalued in 2026?

Based on GuruFocus' analysis, India Motor Parts & Accessories stock appears to be undervalued. The current stock price of ₹1,065.00 is trading 9.4% below its estimated GF Value™ of ₹1,175.65. GuruFocus considers India Motor Parts & Accessories to be Fairly Valued.

Key valuation signals for NSE:IMPAL:

  • Cyclically Adjusted PS Ratio: 1.71 (near median its 10-year median of 1.65)
  • GF Value™: ₹1,175.65 vs. price of ₹1,065.00 (9.4% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 137.5% above the Vehicles & Parts median (#769 of 1043)

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


India Motor Parts & Accessories Business Description

Other Exchanges 590065:India
Address No. 46, Whites Road, Sundaram Towers, III Floor, SF Building, Royapettah, Chennai, TN, IND, 600014
India Motor Parts & Accessories Ltd engages in the manufacture and distribution of automotive spares parts and accessories. The Company operates only in one business segment. Viz Sale and Distribution of Automotive Spares. Its product includes Oil seals, Gaskets, Hydraulic Brake Parts and Brake Fluid, Clutch Cover, Car fuel system components, Fuel injection parts, Auto cables, Radiators, Brake drums, Axles Shafts, Auto Electrical Components, Valves and Valve Guides, Automotive Bearings, and others.
82GF Score

Get the complete analysis for NSE:IMPAL

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

₹1,065.00
Price
₹1,175.65
GF Value