Kanani Industries (NSE:KANANIIND) Cyclically Adjusted PS Ratio: 0.08 (As of Sep. 09, 2026) — 33% Below Median

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NSE:KANANIIND Kanani Industries Ltd NSE:KANANIIND
68 GF Score
Price ₹1.53
GF Value ₹1.93
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Kanani Industries Cyclically Adjusted PS Ratio?

Kanani Industries NSE:KANANIIND +0.66% 68 Cyclically Adjusted PS Ratio is 0.08 as of Sep. 09, 2026, which is 33% below its 10-year median of 0.12. GuruFocus rates NSE:KANANIIND with a GF Score™ of 68/100 and a GF Value™ of ₹1.93 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 800 Retail - Cyclical companies, Kanani Industries ranks better than 91.87% on this metric.

As of today (2026-09-09), Kanani Industries's current share price is ₹1.53. Kanani Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹18.74. Kanani Industries's Cyclically Adjusted PS Ratio for today is 0.08.

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

NSE:KANANIIND' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.12   Max: 0.23
Current: 0.08

During the past years, Kanani Industries's highest Cyclically Adjusted PS Ratio was 0.23. The lowest was 0.06. And the median was 0.12.

NSE:KANANIIND's Cyclically Adjusted PS Ratio is ranked better than
91.87% of 800 companies
in the Retail - Cyclical industry
Industry Median: 0.52 vs NSE:KANANIIND: 0.08

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.

Kanani Industries's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹3.340. 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 ₹18.74 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kanani Industries  (NSE:KANANIIND) 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.


Kanani Industries Cyclically Adjusted PS Ratio Related Terms


Kanani Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kanani Industries'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.

Kanani Industries Cyclically Adjusted PS Ratio Chart

Kanani Industries 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 0.00 0.20 0.09 0.06

Kanani Industries 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 0.11 0.10 0.09 0.06 0.08

NSE:KANANIIND vs TPR: Cyclically Adjusted PS Ratio Comparison

For the Luxury Goods subindustry, Kanani Industries'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.


Kanani Industries Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kanani Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:KANANIIND
68GF Score
Kanani Industries Ltd NSE:KANANIIND
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kanani Industries 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.

Kanani Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.53/18.74
=0.08

* 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.

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

For example, Kanani Industries'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)
=3.34/167.3573*167.3573
=3.340

Current CPI (Jun. 2026) = 167.3573.

Kanani Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 12.084 85.687 23.602
201306 1.108 88.365 2.098
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 4.448 111.317 6.687
201809 4.451 115.142 6.469
201812 4.315 115.142 6.272
201903 4.017 118.202 5.687
201906 4.751 120.880 6.578
201909 3.267 123.175 4.439
201912 7.061 126.235 9.361
202003 4.967 124.705 6.666
202006 3.487 127.000 4.595
202009 3.123 130.118 4.017
202012 3.463 130.889 4.428
202103 4.950 131.771 6.287
202106 3.921 134.084 4.894
202109 5.203 135.847 6.410
202112 4.849 138.161 5.874
202203 2.391 138.822 2.882
202206 4.939 142.347 5.807
202209 3.136 144.661 3.628
202212 2.332 145.763 2.677
202303 3.126 146.865 3.562
202306 4.131 150.280 4.600
202309 3.325 151.492 3.673
202312 1.112 152.924 1.217
202403 2.693 153.035 2.945
202406 3.363 155.789 3.613
202409 2.732 157.882 2.896
202412 1.176 158.323 1.243
202503 1.389 157.552 1.475
202506 4.230 159.755 4.431
202509 2.514 162.289 2.593
202512 1.465 163.281 1.502
202603 0.708 164.272 0.721
202606 3.340 167.357 3.340

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 0.08 mean?
Kanani Industries (NSE:KANANIIND) has a Cyclically Adjusted PS Ratio of 0.08 as of Sep. 09, 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 Kanani Industries and its competitors. This is 33% below median its historical median of 0.12. Over the past decade, Kanani Industries' Cyclically Adjusted PS Ratio has ranged from 0.06 to 0.23. According to the industry distribution chart, Kanani Industries ranks #65 out of 800 companies in the Retail - Cyclical industry, placing it in the top 8.1%.
Is Kanani Industries' Cyclically Adjusted PS Ratio too high?
Kanani Industries' current Cyclically Adjusted PS Ratio of 0.08 is 33% below median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.23. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.52. Kanani Industries' value of 0.08 is 84.6% below this industry median. Based on the distribution chart, Kanani Industries ranks #65 out of 800 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Kanani Industries has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kanani Industries' Cyclically Adjusted PS Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Kanani Industries ranks #65 out of 800 companies for Cyclically Adjusted PS Ratio. This places Kanani Industries in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.52. Kanani Industries' value of 0.08 is 84.6% below this benchmark. Historically, Kanani Industries' own Cyclically Adjusted PS Ratio has ranged from 0.06 to 0.23 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 0.52, Kanani Industries 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.52, based on 800 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. Kanani Industries's current Cyclically Adjusted PS Ratio of 0.08 is 84.6% 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 Kanani Industries and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanani Industries's current Cyclically Adjusted PS Ratio is 0.08, which is 33% below median its own 10-year median of 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanani Industries stock overvalued right now?
Based on GuruFocus' analysis, Kanani Industries (NSE:KANANIIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1.93, compared to a current price of ₹1.53 — trading 20.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.08, which is 33% below median its 10-year median of 0.12 and 84.6% below the Retail - Cyclical industry median of 0.52. Kanani Industries' overall GF Score™ is 68/100 with 7 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 Kanani Industries (NSE:KANANIIND), the current Cyclically Adjusted PS Ratio is 0.08 as of Sep. 09, 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 Kanani Industries (NSE:KANANIIND) Overvalued in 2026?

Based on GuruFocus' analysis, Kanani Industries stock appears to be undervalued. The current stock price of ₹1.53 is trading 20.7% below its estimated GF Value™ of ₹1.93. GuruFocus considers Kanani Industries to be Modestly Undervalued.

Key valuation signals for NSE:KANANIIND:

  • Cyclically Adjusted PS Ratio: 0.08 (33% below median its 10-year median of 0.12)
  • GF Value™: ₹1.93 vs. price of ₹1.53 (20.7% below fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 84.6% below the Retail - Cyclical median (#65 of 800)

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


Kanani Industries Business Description

Other Exchanges 506184:India
Address GE-1080, Bharat Diamond Bourse, G-Block, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400051
Kanani Industries Ltd is engaged in the manufacture and export of diamond-studded jewelry. The company operates a manufacturing plant in Surat, Gujarat, and supplies products to domestic and international markets. Kanani Industries focuses on creating high-quality, intricately crafted jewelry pieces and has a subsidiary, KIL International Ltd, to support its operations. The company aims to maintain an integrated value chain from manufacturing to retail, emphasizing craftsmanship and customer satisfaction. Revenue is generated through sales of diamond-studded jewelry products.
68GF Score

Get the complete analysis for NSE:KANANIIND

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

₹1.53
Price
₹1.93
GF Value