Malu Paper Mills (NSE:MALUPAPER) Cyclically Adjusted PS Ratio: 0.18 (As of Aug. 08, 2026) — 10% Below Median

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NSE:MALUPAPER Malu Paper Mills Ltd NSE:MALUPAPER
60 GF Score
Price ₹32.68
GF Value ₹50.39
Valuation Possible Value Trap
! 2 Warning Signs
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What is Malu Paper Mills Cyclically Adjusted PS Ratio?

Malu Paper Mills NSE:MALUPAPER -3.17% 60 Cyclically Adjusted PS Ratio is 0.18 as of Aug. 08, 2026, which is 10% below its 10-year median of 0.20. GuruFocus rates NSE:MALUPAPER with a GF Score™ of 60/100 and a GF Value™ of ₹50.39 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 247 Forest Products companies, Malu Paper Mills ranks better than 80.16% on this metric.

As of today (2026-08-08), Malu Paper Mills's current share price is ₹32.68. Malu Paper Mills's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹183.14. Malu Paper Mills's Cyclically Adjusted PS Ratio for today is 0.18.

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

NSE:MALUPAPER' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.2   Max: 0.35
Current: 0.18

During the past years, Malu Paper Mills's highest Cyclically Adjusted PS Ratio was 0.35. The lowest was 0.14. And the median was 0.20.

NSE:MALUPAPER's Cyclically Adjusted PS Ratio is ranked better than
80.16% of 247 companies
in the Forest Products industry
Industry Median: 0.47 vs NSE:MALUPAPER: 0.18

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.

Malu Paper Mills's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹72.492. 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 ₹183.14 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Malu Paper Mills  (NSE:MALUPAPER) 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.


Malu Paper Mills Cyclically Adjusted PS Ratio Related Terms


Malu Paper Mills Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Malu Paper Mills'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.

Malu Paper Mills Cyclically Adjusted PS Ratio Chart

Malu Paper Mills 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 0.20 0.16 0.20 0.19 0.15

Malu Paper Mills 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 0.23 0.21 0.20 0.15 0.17

Malu Paper Mills Cyclically Adjusted PS Ratio Competitor Comparison

For the Paper & Paper Products subindustry, Malu Paper Mills'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.


Malu Paper Mills Cyclically Adjusted PS Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Malu Paper Mills's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Malu Paper Mills's Cyclically Adjusted PS Ratio falls into.


NSE:MALUPAPER
60GF Score
Malu Paper Mills Ltd NSE:MALUPAPER
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Malu Paper Mills 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.

Malu Paper Mills's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=32.68/183.14
=0.18

* 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.

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

For example, Malu Paper Mills'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)
=72.492/166.1454*166.1454
=72.492

Current CPI (Jun. 2026) = 166.1454.

Malu Paper Mills Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 36.895 105.961 57.851
201612 32.692 105.196 51.633
201703 32.956 105.196 52.050
201706 38.574 107.109 59.835
201709 38.959 109.021 59.372
201712 46.744 109.404 70.987
201803 42.938 109.786 64.980
201806 37.465 111.317 55.918
201809 45.925 115.142 66.268
201812 41.397 115.142 59.734
201903 36.196 118.202 50.877
201906 31.819 120.880 43.734
201909 36.346 123.175 49.026
201912 30.427 126.235 40.047
202003 35.156 124.705 46.839
202006 13.426 127.000 17.564
202009 21.241 130.118 27.122
202012 26.909 130.889 34.157
202103 37.435 131.771 47.201
202106 20.069 134.084 24.868
202109 25.709 135.847 31.443
202112 33.068 138.161 39.766
202203 45.181 138.822 54.074
202206 37.726 142.347 44.033
202209 38.275 144.661 43.959
202212 27.671 145.763 31.540
202303 33.462 146.865 37.855
202306 42.207 150.280 46.663
202309 39.015 151.492 42.789
202312 36.075 152.924 39.194
202403 43.058 153.035 46.747
202406 33.610 155.789 35.844
202409 37.887 157.882 39.870
202412 42.790 158.323 44.904
202503 54.465 157.552 57.436
202506 55.360 159.755 57.574
202509 33.082 162.289 33.868
202512 45.033 163.281 45.823
202603 61.344 164.272 62.043
202606 72.492 166.145 72.492

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 0.18 mean?
Malu Paper Mills (NSE:MALUPAPER) has a Cyclically Adjusted PS Ratio of 0.18 as of Aug. 08, 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 Malu Paper Mills and its competitors. This is 10% below median its historical median of 0.20. Over the past decade, Malu Paper Mills' Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.35. According to the industry distribution chart, Malu Paper Mills ranks #49 out of 247 companies in the Forest Products industry, placing it in the top 19.8%.
Is Malu Paper Mills' Cyclically Adjusted PS Ratio too high?
Malu Paper Mills' current Cyclically Adjusted PS Ratio of 0.18 is 10% below median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.35. The Forest Products industry median Cyclically Adjusted PS Ratio is 0.47. Malu Paper Mills' value of 0.18 is 61.7% below this industry median. Based on the distribution chart, Malu Paper Mills ranks #49 out of 247 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Malu Paper Mills has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Malu Paper Mills' Cyclically Adjusted PS Ratio compare to competitors?
According to the Forest Products industry distribution chart, Malu Paper Mills ranks #49 out of 247 companies for Cyclically Adjusted PS Ratio. This places Malu Paper Mills in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.47. Malu Paper Mills' value of 0.18 is 61.7% below this benchmark. Historically, Malu Paper Mills' own Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.35 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 0.47, Malu Paper Mills 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 Forest Products company?
The median Cyclically Adjusted PS Ratio among Forest Products companies is 0.47, based on 247 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. Malu Paper Mills's current Cyclically Adjusted PS Ratio of 0.18 is 61.7% 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 Malu Paper Mills and its competitors. For the Forest Products industry, the median Cyclically Adjusted PS Ratio is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malu Paper Mills's current Cyclically Adjusted PS Ratio is 0.18, which is 10% below median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malu Paper Mills stock overvalued right now?
Based on GuruFocus' analysis, Malu Paper Mills (NSE:MALUPAPER) is currently considered Possible Value Trap. The stock's GF Value™ is ₹50.39, compared to a current price of ₹32.68 — trading 35.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.18, which is 10% below median its 10-year median of 0.20 and 61.7% below the Forest Products industry median of 0.47. Malu Paper Mills' overall GF Score™ is 60/100 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 Malu Paper Mills (NSE:MALUPAPER), the current Cyclically Adjusted PS Ratio is 0.18 as of Aug. 08, 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 Malu Paper Mills (NSE:MALUPAPER) Overvalued in 2026?

Based on GuruFocus' analysis, Malu Paper Mills stock appears to be undervalued. The current stock price of ₹32.68 is trading 35.1% below its estimated GF Value™ of ₹50.39. GuruFocus considers Malu Paper Mills to be Possible Value Trap.

Key valuation signals for NSE:MALUPAPER:

  • Cyclically Adjusted PS Ratio: 0.18 (10% below median its 10-year median of 0.20)
  • GF Value™: ₹50.39 vs. price of ₹32.68 (35.1% below fair value)
  • GF Score™: 60/100 with 2 warning signs
  • Industry Position: 61.7% below the Forest Products median (#49 of 247)

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


Malu Paper Mills Business Description

Other Exchanges 532728:India
Address Heera Plaza, Central Avenue, 4th Floor, Near Telephone Exchange, Nagpur, MH, IND, 440008
Malu Paper Mills Ltd is an Indian-based company engaged in the Manufacturing of Pulp & Paper. Its main products consist of Kraft Papers, Writing & Printing and Newsprint papers. It operates through one segment and generates revenue from the same. The company's manufacturing plants are located in Saoner Taluka of Nagpur District.
60GF Score

Get the complete analysis for NSE:MALUPAPER

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

₹32.68
Price
₹50.39
GF Value