Mafatlal Industries (NSE:MAFATIND) Cyclically Adjusted PS Ratio: (As of Aug. 11, 2026)

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:MAFATIND Mafatlal Industries Ltd NSE:MAFATIND
58 GF Score
Price ₹127.52
GF Value ₹226.20
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Mafatlal Industries Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mafatlal Industries  (NSE:MAFATIND) 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.


Mafatlal Industries Cyclically Adjusted PS Ratio Related Terms


Mafatlal Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mafatlal 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.

Mafatlal Industries Cyclically Adjusted PS Ratio Chart

Mafatlal 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 0.00 0.52 0.39

Mafatlal Industries 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 0.52 0.52 0.52 0.58 0.39

Mafatlal Industries Cyclically Adjusted PS Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Mafatlal 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.


Mafatlal Industries Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


NSE:MAFATIND
58GF Score
Mafatlal Industries Ltd NSE:MAFATIND
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mafatlal 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.

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

For example, Mafatlal Industries'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)
=119.566/164.2724*164.2724
=119.566

Current CPI (Mar. 2026) = 164.2724.

Mafatlal Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201209 18.999 82.244 37.948
201212 27.182 83.774 53.301
201303 88.691 85.687 170.031
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 44.958 111.317 66.346
201809 33.607 115.142 47.947
201812 33.149 115.142 47.294
201903 34.535 118.202 47.995
201906 39.123 120.880 53.167
201909 40.266 123.175 53.701
201912 35.117 126.235 45.698
202003 28.868 124.705 38.027
202006 5.871 127.000 7.594
202009 24.462 130.118 30.883
202012 26.529 130.889 33.295
202103 29.481 131.771 36.753
202106 16.599 134.084 20.336
202109 41.924 135.847 50.696
202112 28.069 138.161 33.374
202203 55.270 138.822 65.403
202206 53.863 142.347 62.159
202209 50.301 144.661 57.120
202212 43.210 145.763 48.697
202303 46.852 146.865 52.405
202306 82.471 150.280 90.150
202309 43.055 151.492 46.687
202312 58.335 152.924 62.664
202403 104.760 153.035 112.453
202406 62.620 155.789 66.030
202409 137.588 157.882 143.157
202412 126.904 158.323 131.673
202503 62.234 157.552 64.889
202506 171.485 159.755 176.334
202509 140.628 162.289 142.346
202512 89.475 163.281 90.018
202603 119.566 164.272 119.566

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 Mafatlal Industries (NSE:MAFATIND) Overvalued in 2026?

Based on GuruFocus' analysis, Mafatlal Industries stock appears to be undervalued. The current stock price of ₹127.52 is trading 43.6% below its estimated GF Value™ of ₹226.20. GuruFocus considers Mafatlal Industries to be Significantly Undervalued.

Key valuation signals for NSE:MAFATIND:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹226.20 vs. price of ₹127.52 (43.6% below fair value)
  • GF Score™: 58/100 with 3 warning signs

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


Mafatlal Industries Business Description

Other Exchanges 500264:India
Address H.T. Parekh Marg, Mafatlal House, 5th Floor, Backbay Reclamation, Mumbai, MH, IND, 400020
Mafatlal Industries Ltd operates in the textile with Textiles and Denim business units. It operates in both, the business-to-business (B2B) and the business-to-consumer (B2C) and retail sectors. Company has three segment Textile and Related Products, Digital Infrastructure and Consumer Durables and Others. The company provides polyester cotton, cotton white shirting business, cotton and viscose prints, and high-twist cotton voiles. The firm offers men's wear, including suitings, trousering, shirtings, and readymades; denim; women's wear, including prints, voiles, and nightwear; school uniforms; corporate uniforms; work uniforms; hospitality uniforms; medical uniforms; bed linen; bath towels; specialty fabrics, and ready-to-stitch.
58GF Score

Get the complete analysis for NSE:MAFATIND

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

₹127.52
Price
₹226.20
GF Value