JSW Dulux (NSE:JSWDULUX) Cyclically Adjusted PS Ratio: (As of Aug. 12, 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:JSWDULUX JSW Dulux Ltd NSE:JSWDULUX
72 GF Score
Price ₹3,157.00
GF Value ₹2,800.52
Valuation Modestly Overvalued
! 5 Warning Signs
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What is JSW Dulux Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


JSW Dulux  (NSE:JSWDULUX) 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.


JSW Dulux Cyclically Adjusted PS Ratio Related Terms


JSW Dulux Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for JSW Dulux'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.

JSW Dulux Cyclically Adjusted PS Ratio Chart

JSW Dulux 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 2.53 2.97 2.97 4.36 3.34

JSW Dulux 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 4.07 3.91 3.74 3.34 0.00

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

For the Specialty Chemicals subindustry, JSW Dulux'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.


JSW Dulux Cyclically Adjusted PS Ratio vs Chemicals Industry

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

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


NSE:JSWDULUX
72GF Score
JSW Dulux Ltd NSE:JSWDULUX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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JSW Dulux 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.

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

For example, JSW Dulux'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)
=212.009/166.1454*166.1454
=212.009

Current CPI (Jun. 2026) = 166.1454.

JSW Dulux Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 151.871 102.901 245.213
201603 136.270 102.518 220.845
201606 148.103 105.961 232.223
201609 143.684 105.961 225.294
201612 155.205 105.196 245.129
201703 100.962 105.196 159.458
201803 0.000 109.786 0.000
201806 153.302 111.317 228.811
201809 155.580 115.142 224.496
201812 172.017 115.142 248.214
201903 149.862 118.202 210.647
201906 158.069 120.880 217.261
201909 139.118 123.175 187.650
201912 159.685 126.235 210.170
202003 122.499 124.705 163.206
202006 56.778 127.000 74.279
202009 133.311 130.118 170.223
202012 170.052 130.889 215.857
202103 166.257 131.771 209.628
202106 137.577 134.084 170.473
202109 162.788 135.847 199.095
202112 200.777 138.161 241.445
202203 181.766 138.822 217.542
202206 205.830 142.347 240.241
202209 203.511 144.661 233.735
202212 216.712 145.763 247.016
202303 203.297 146.865 229.986
202306 219.296 150.280 242.447
202309 210.143 151.492 230.470
202312 226.778 152.924 246.384
202403 208.242 153.035 226.083
202406 227.608 155.789 242.739
202409 215.625 157.882 226.910
202412 230.702 158.323 242.101
202503 222.720 157.552 234.868
202506 218.043 159.755 226.765
202509 183.333 162.289 187.689
202512 199.376 163.281 202.874
202603 193.949 164.272 196.160
202606 212.009 166.145 212.009

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.

Is JSW Dulux (NSE:JSWDULUX) Overvalued in 2026?

Based on GuruFocus' analysis, JSW Dulux stock appears to be overvalued. The current stock price of ₹3,157.00 is trading 12.7% above its estimated GF Value™ of ₹2,800.52. GuruFocus considers JSW Dulux to be Modestly Overvalued.

Key valuation signals for NSE:JSWDULUX:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹2,800.52 vs. price of ₹3,157.00 (12.7% above fair value)
  • GF Score™: 72/100 with 5 warning signs

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


JSW Dulux Business Description

Other Exchanges 500710:India
Address JSW Centre, Bandra Kurla Complex, Bandra East, Mumbai, MH, IND, 400051
JSW Dulux Ltd is engaged in the business of manufacturing, trading and selling paints and related products. The Company is principally engaged in the manufacturing of paints, coatings and allied products in India. It operates through the Paints segment. The Company generates maximum revenue from Domestic operations and also has Overseas operations.
72GF Score

Get the complete analysis for NSE:JSWDULUX

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

₹3,157.00
Price
₹2,800.52
GF Value