Indo Rama Synthetics (India) (NSE:INDORAMA) Cyclically Adjusted PS Ratio: 0.31 (As of Jul. 19, 2026) — 19% Above Median

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NSE:INDORAMA Indo Rama Synthetics (India) Ltd NSE:INDORAMA
67 GF Score
Price ₹50.07
GF Value ₹59.37
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Indo Rama Synthetics (India) Cyclically Adjusted PS Ratio?

Indo Rama Synthetics (India) NSE:INDORAMA -2.09% 67 Cyclically Adjusted PS Ratio is 0.31 as of Jul. 19, 2026, which is 19% above its 10-year median of 0.26. GuruFocus rates NSE:INDORAMA with a GF Score™ of 67/100 and a GF Value™ of ₹59.37 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 885 Manufacturing - Apparel & Accessories companies, Indo Rama Synthetics (India) ranks better than 71.3% on this metric.

As of today (2026-07-19), Indo Rama Synthetics (India)'s current share price is ₹50.07. Indo Rama Synthetics (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹163.21. Indo Rama Synthetics (India)'s Cyclically Adjusted PS Ratio for today is 0.31.

The historical rank and industry rank for Indo Rama Synthetics (India)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

NSE:INDORAMA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.26   Max: 0.42
Current: 0.31

During the past years, Indo Rama Synthetics (India)'s highest Cyclically Adjusted PS Ratio was 0.42. The lowest was 0.19. And the median was 0.26.

NSE:INDORAMA's Cyclically Adjusted PS Ratio is ranked better than
71.3% of 885 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.63 vs NSE:INDORAMA: 0.31

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.

Indo Rama Synthetics (India)'s adjusted revenue per share data for the three months ended in Mar. 2026 was ₹46.096. 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 ₹163.21 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indo Rama Synthetics (India)  (NSE:INDORAMA) 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.


Indo Rama Synthetics (India) Cyclically Adjusted PS Ratio Related Terms


Indo Rama Synthetics (India) Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Indo Rama Synthetics (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.

Indo Rama Synthetics (India) Cyclically Adjusted PS Ratio Chart

Indo Rama Synthetics (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 0.00 0.22 0.21 0.20 0.18

Indo Rama Synthetics (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 0.20 0.29 0.37 0.30 0.18

Indo Rama Synthetics (India) Cyclically Adjusted PS Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Indo Rama Synthetics (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.


Indo Rama Synthetics (India) Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Indo Rama Synthetics (India)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Indo Rama Synthetics (India)'s Cyclically Adjusted PS Ratio falls into.


NSE:INDORAMA
67GF Score
Indo Rama Synthetics (India) Ltd NSE:INDORAMA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indo Rama Synthetics (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.

Indo Rama Synthetics (India)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=50.07/163.21
=0.31

* 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.

Indo Rama Synthetics (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Indo Rama Synthetics (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)
=46.096/164.2724*164.2724
=46.096

Current CPI (Mar. 2026) = 164.2724.

Indo Rama Synthetics (India) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201612 37.660 105.196 58.809
201703 36.355 105.196 56.771
201706 39.258 107.109 60.210
201709 40.686 109.021 61.305
201712 34.660 109.404 52.043
201803 34.329 109.786 51.366
201806 23.378 111.317 34.499
201809 25.149 115.142 35.880
201812 31.581 115.142 45.056
201903 19.774 118.202 27.481
201906 20.595 120.880 27.988
201909 21.858 123.175 29.151
201912 20.751 126.235 27.004
202003 15.449 124.705 20.351
202006 4.538 127.000 5.870
202009 18.271 130.118 23.067
202012 23.761 130.889 29.821
202103 30.122 131.771 37.552
202106 26.389 134.084 32.330
202109 37.939 135.847 45.878
202112 42.054 138.161 50.002
202203 42.918 138.822 50.786
202206 45.179 142.347 52.138
202209 39.881 144.661 45.288
202212 34.005 145.763 38.323
202303 27.115 146.865 30.329
202306 29.429 150.280 32.169
202309 48.826 151.492 52.945
202312 35.986 152.924 38.656
202403 27.854 153.035 29.899
202406 35.940 155.789 37.897
202409 36.447 157.882 37.922
202412 45.459 158.323 47.167
202503 45.996 157.552 47.958
202506 50.001 159.755 51.415
202509 46.737 162.289 47.308
202512 45.774 163.281 46.052
202603 46.096 164.272 46.096

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 0.31 mean?
Indo Rama Synthetics (India) (NSE:INDORAMA) has a Cyclically Adjusted PS Ratio of 0.31 as of Jul. 19, 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 Indo Rama Synthetics (India) and its competitors. This is 19% above median its historical median of 0.26. Over the past decade, Indo Rama Synthetics (India)'s Cyclically Adjusted PS Ratio has ranged from 0.19 to 0.42. According to the industry distribution chart, Indo Rama Synthetics (India) ranks #254 out of 885 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 28.7%.
Is Indo Rama Synthetics (India)'s Cyclically Adjusted PS Ratio too high?
Indo Rama Synthetics (India)'s current Cyclically Adjusted PS Ratio of 0.31 is 19% above median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.42. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.63. Indo Rama Synthetics (India)'s value of 0.31 is 50.8% below this industry median. Based on the distribution chart, Indo Rama Synthetics (India) ranks #254 out of 885 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Indo Rama Synthetics (India) has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indo Rama Synthetics (India)'s Cyclically Adjusted PS Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Indo Rama Synthetics (India) ranks #254 out of 885 companies for Cyclically Adjusted PS Ratio. This puts Indo Rama Synthetics (India) in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.63. Indo Rama Synthetics (India)'s value of 0.31 is 50.8% below this benchmark. Historically, Indo Rama Synthetics (India)'s own Cyclically Adjusted PS Ratio has ranged from 0.19 to 0.42 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.63, Indo Rama Synthetics (India) 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.63, based on 885 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. Indo Rama Synthetics (India)'s current Cyclically Adjusted PS Ratio of 0.31 is 50.8% 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 Indo Rama Synthetics (India) and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Rama Synthetics (India)'s current Cyclically Adjusted PS Ratio is 0.31, which is 19% above median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Rama Synthetics (India) stock overvalued right now?
Based on GuruFocus' analysis, Indo Rama Synthetics (India) (NSE:INDORAMA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹59.37, compared to a current price of ₹50.07 — trading 15.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.31, which is 19% above median its 10-year median of 0.26 and 50.8% below the Manufacturing - Apparel & Accessories industry median of 0.63. Indo Rama Synthetics (India)'s overall GF Score™ is 67/100 with 2 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 Indo Rama Synthetics (India) (NSE:INDORAMA), the current Cyclically Adjusted PS Ratio is 0.31 as of Jul. 19, 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 Indo Rama Synthetics (India) (NSE:INDORAMA) Overvalued in 2026?

Based on GuruFocus' analysis, Indo Rama Synthetics (India) stock appears to be undervalued. The current stock price of ₹50.07 is trading 15.7% below its estimated GF Value™ of ₹59.37. GuruFocus considers Indo Rama Synthetics (India) to be Modestly Undervalued.

Key valuation signals for NSE:INDORAMA:

  • Cyclically Adjusted PS Ratio: 0.31 (19% above median its 10-year median of 0.26)
  • GF Value™: ₹59.37 vs. price of ₹50.07 (15.7% below fair value)
  • GF Score™: 67/100 with 2 warning signs
  • Industry Position: 50.8% below the Manufacturing - Apparel & Accessories median (#254 of 885)

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


Indo Rama Synthetics (India) Business Description

Other Exchanges 500207:India
Address Delhi Press Building, Phase-1V, Plot No. 53 & 54, Udyog Vihar, Gurugram, HR, IND, 122 015
Indo Rama Synthetics (India) Ltd is a polyester manufacturer. The company offers products such as Polyester Staple Fibre (PSF), Partially Oriented Yarn (POY), Draw Texturised Yarn (DTY), Fully Drawn Yarn (FDY), Polyester Chips, and Others. Its only operating segment is the manufacturing and trading of Polyester goods. Geographically, it derives a majority of revenue from India and also has a presence in Turkey, Nepal, and Other overseas countries.
67GF Score

Get the complete analysis for NSE:INDORAMA

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

₹50.07
Price
₹59.37
GF Value