Manorama Industries (NSE:MANORAMA) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

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NSE:MANORAMA Manorama Industries Ltd NSE:MANORAMA
95 GF Score
Price ₹1,966.90
GF Value ₹2,067.19
Valuation Fairly Valued
! 4 Warning Signs
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What is Manorama Industries Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Manorama Industries  (NSE:MANORAMA) 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.


Manorama Industries Cyclically Adjusted PS Ratio Related Terms


Manorama Industries Cyclically Adjusted PS Ratio Historical Data

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The historical data trend for Manorama 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.

Manorama Industries Cyclically Adjusted PS Ratio Chart

Manorama 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 - 1.84 3.86 11.17 11.51

Manorama 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 15.17 14.26 13.57 11.51 16.55

NSE:MANORAMA vs KHC, GIS: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, Manorama 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.


Manorama Industries Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Manorama Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:MANORAMA
95GF Score
Manorama Industries Ltd NSE:MANORAMA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Manorama 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.

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

For example, Manorama Industries'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)
=228.203/164.2724*164.2724
=228.203

Current CPI (Mar26) = 164.2724.

Manorama Industries Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 134.168 105.196 209.515
201803 58.067 109.786 86.885
201903 21.616 118.202 30.041
202003 33.235 124.705 43.780
202103 35.833 131.771 44.671
202203 47.982 138.822 56.779
202303 58.749 146.865 65.712
202403 76.491 153.035 82.108
202503 128.443 157.552 133.922
202603 228.203 164.272 228.203

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 Manorama Industries (NSE:MANORAMA) Overvalued in 2026?

Based on GuruFocus' analysis, Manorama Industries stock appears to be undervalued. The current stock price of ₹1,966.90 is trading 4.9% below its estimated GF Value™ of ₹2,067.19. GuruFocus considers Manorama Industries to be Fairly Valued.

Key valuation signals for NSE:MANORAMA:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹2,067.19 vs. price of ₹1,966.90 (4.9% below fair value)
  • GF Score™: 95/100 with 4 warning signs

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


Manorama Industries Business Description

Other Exchanges 541974:India
Address F-6, Anupam Nagar, Raipur, CT, IND, 492007
Manorama Industries Ltd is engaged in the manufacturing, processing, and supply of exotic and specialty fats and oils. The products offered by the company include Sal butter, Sal fat, Sal stearine, Mango butter, Kokum oil, Mowrah fat, and several other value-added, tailor-made products. Its only operating segment is the Manufacturing of Exotic Seed based Fats and Butters including Cocoa Butter Equivalent (CBE). Geographically, the company generates a majority of its revenue from outside India through exports, and the rest from its business within India.
95GF Score

Get the complete analysis for NSE:MANORAMA

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

₹1,966.90
Price
₹2,067.19
GF Value