Khadim India (NSE:KHADIM) Cyclically Adjusted PS Ratio: 0.21 (As of Aug. 12, 2026) — 19% Below Median

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NSE:KHADIM Khadim India Ltd NSE:KHADIM
59 GF Score
Price ₹89.82
GF Value ₹192.01
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Khadim India Cyclically Adjusted PS Ratio?

Khadim India NSE:KHADIM -3.49% 59 Cyclically Adjusted PS Ratio is 0.21 as of Aug. 12, 2026, which is 19% below its 10-year median of 0.26. GuruFocus rates NSE:KHADIM with a GF Score™ of 59/100 and a GF Value™ of ₹192.01 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 884 Manufacturing - Apparel & Accessories companies, Khadim India ranks better than 78.39% on this metric.

As of today (2026-08-12), Khadim India's current share price is ₹89.82. Khadim India's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was ₹423.93. Khadim India's Cyclically Adjusted PS Ratio for today is 0.21.

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

NSE:KHADIM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.26   Max: 0.63
Current: 0.23

During the past 11 years, Khadim India's highest Cyclically Adjusted PS Ratio was 0.63. The lowest was 0.20. And the median was 0.26.

NSE:KHADIM's Cyclically Adjusted PS Ratio is ranked better than
78.39% of 884 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.65 vs NSE:KHADIM: 0.23

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.

Khadim India's adjusted revenue per share data of for the fiscal year that ended in Mar26 was ₹200.194. 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 ₹423.93 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Khadim India  (NSE:KHADIM) 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.


Khadim India Cyclically Adjusted PS Ratio Related Terms


Khadim India Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Khadim 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.

Khadim India Cyclically Adjusted PS Ratio Chart

Khadim 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 0.00 0.00 0.57 0.19

Khadim 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 0.57 0.00 0.00 0.00 0.19

NSE:KHADIM vs NKE, DECK, ONON: Cyclically Adjusted PS Ratio Comparison

For the Footwear & Accessories subindustry, Khadim 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.


Khadim India Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


NSE:KHADIM
59GF Score
Khadim India Ltd NSE:KHADIM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Khadim 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.

Khadim India's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=89.82/423.93
=0.21

* 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.

Khadim India's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Khadim India's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=200.194/164.2724*164.2724
=200.194

Current CPI (Mar26) = 164.2724.

Khadim India Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 348.769 105.196 544.632
201803 421.503 109.786 630.691
201903 439.832 118.202 611.260
202003 423.639 124.705 558.054
202103 343.886 131.771 428.707
202203 323.687 138.822 383.029
202303 361.401 146.865 404.238
202403 234.814 153.035 252.057
202503 228.022 157.552 237.749
202603 200.194 164.272 200.194

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 0.21 mean?
Khadim India (NSE:KHADIM) has a Cyclically Adjusted PS Ratio of 0.21 as of Aug. 12, 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 Khadim India and its competitors. This is 19% below median its historical median of 0.26. Over the past decade, Khadim India's Cyclically Adjusted PS Ratio has ranged from 0.20 to 0.63. According to the industry distribution chart, Khadim India ranks #191 out of 884 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 21.6%.
Is Khadim India's Cyclically Adjusted PS Ratio too high?
Khadim India's current Cyclically Adjusted PS Ratio of 0.21 is 19% below median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.63. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.65. Khadim India's value of 0.21 is 67.7% below this industry median. Based on the distribution chart, Khadim India ranks #191 out of 884 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Khadim India has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Khadim India's Cyclically Adjusted PS Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Khadim India ranks #191 out of 884 companies for Cyclically Adjusted PS Ratio. This places Khadim India in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.65. Khadim India's value of 0.21 is 67.7% below this benchmark. Historically, Khadim India's own Cyclically Adjusted PS Ratio has ranged from 0.20 to 0.63 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.65, Khadim 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 0.65, based on 884 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. Khadim India's current Cyclically Adjusted PS Ratio of 0.21 is 67.7% 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 Khadim India and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Khadim India's current Cyclically Adjusted PS Ratio is 0.21, which is 19% below 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 Khadim India stock overvalued right now?
Based on GuruFocus' analysis, Khadim India (NSE:KHADIM) is currently considered Possible Value Trap. The stock's GF Value™ is ₹192.01, compared to a current price of ₹89.82 — trading 53.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.21, which is 19% below median its 10-year median of 0.26 and 67.7% below the Manufacturing - Apparel & Accessories industry median of 0.65. Khadim India's overall GF Score™ is 59/100 with 6 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 Khadim India (NSE:KHADIM), the current Cyclically Adjusted PS Ratio is 0.21 as of Aug. 12, 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 Khadim India (NSE:KHADIM) Overvalued in 2026?

Based on GuruFocus' analysis, Khadim India stock appears to be undervalued. The current stock price of ₹89.82 is trading 53.2% below its estimated GF Value™ of ₹192.01. GuruFocus considers Khadim India to be Possible Value Trap.

Key valuation signals for NSE:KHADIM:

  • Cyclically Adjusted PS Ratio: 0.21 (19% below median its 10-year median of 0.26)
  • GF Value™: ₹192.01 vs. price of ₹89.82 (53.2% below fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 67.7% below the Manufacturing - Apparel & Accessories median (#191 of 884)

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


Khadim India Business Description

Other Exchanges 540775:India
Address 08 Major Arterial Road, 7th Floor, Tower C, RDB Primarc TechPark, Block - AF, New Town (Rajarhat), Kolkata, WB, IND, 7000156
Khadim India Ltd is a wholesaler and retailer of footwear in India. The retail business operates through its retail stores catering to the middle and the upper-middle-income consumers in metros and Tier I - Tier III cities, and the distribution business operates through a network of distributors catering to lower and middle-income consumers in metros and Tier I - Tier III cities. The company generates the majority of revenue from India.
59GF Score

Get the complete analysis for NSE:KHADIM

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

₹89.82
Price
₹192.01
GF Value