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Manorama IndustriesNSE:MANORAMA -1.88%99 Cyclically Adjusted PS Ratio is 20.47 as of Aug. 03, 2026, which is 24% above its 10-year median of 16.46. GuruFocus rates NSE:MANORAMA with a GF Score™ of 99/100 and a GF Value™ of ₹1,970.60 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,451 Consumer Packaged Goods companies, Manorama Industries ranks worse than 98.41% on this metric.
The historical rank and industry rank for Manorama Industries's Cyclically Adjusted PS Ratio or its related term are showing as below:
NSE:MANORAMA'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.06 Med: 16.46 Max: 25.63
Current: 20.22
During the past 13 years, Manorama Industries's highest Cyclically Adjusted PS Ratio was 25.63. The lowest was 5.06. And the median was 16.46.
NSE:MANORAMA's Cyclically Adjusted PS Ratio is ranked worse than 98.41% of 1451
companies
in the Consumer Packaged Goods industry
Industry Median: 0.76
vs NSE:MANORAMA: 20.22
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.
Manorama Industries's adjusted revenue per share data of for the fiscal year that ended in Mar26 was ₹228.850. 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 ₹78.40 for the trailing ten years ended in Mar26.
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
* Premium members only.
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
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.
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 PS Ratio for today is calculated as
* 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.
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 20.47 mean?
Manorama Industries (NSE:MANORAMA) has a Cyclically Adjusted PS Ratio of 20.47 as of Aug. 03, 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 Manorama Industries and its competitors. This is 24% above median its historical median of 16.46. Over the past decade, Manorama Industries' Cyclically Adjusted PS Ratio has ranged from 5.06 to 25.63. According to the industry distribution chart, Manorama Industries ranks #1428 out of 1451 companies in the Consumer Packaged Goods industry, placing it in the top 98.4%.
Is Manorama Industries' Cyclically Adjusted PS Ratio too high?
Manorama Industries' current Cyclically Adjusted PS Ratio of 20.47 is 24% above median its 10-year median of 16.46. Over the past 10 years, this metric has ranged from a low of 5.06 to a high of 25.63. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.76. Manorama Industries' value of 20.47 is 2593.4% above this industry median. Based on the distribution chart, Manorama Industries ranks #1428 out of 1451 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Manorama Industries has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Manorama Industries' Cyclically Adjusted PS Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Manorama Industries ranks #1428 out of 1451 companies for Cyclically Adjusted PS Ratio. This places Manorama Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. Manorama Industries' value of 20.47 is 2593.4% above this benchmark. Historically, Manorama Industries' own Cyclically Adjusted PS Ratio has ranged from 5.06 to 25.63 over the past decade. While the company's 10-year median is 16.46 vs. the industry median of 0.76, Manorama Industries has consistently been above 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.76, based on 1,451 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. Manorama Industries's current Cyclically Adjusted PS Ratio of 20.47 is 2593.4% above 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 Manorama Industries and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manorama Industries's current Cyclically Adjusted PS Ratio is 20.47, which is 24% above median its own 10-year median of 16.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manorama Industries stock overvalued right now?
Based on GuruFocus' analysis, Manorama Industries (NSE:MANORAMA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,970.60, compared to a current price of ₹1,604.50 — trading 18.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 20.47, which is 24% above median its 10-year median of 16.46 and 2593.4% above the Consumer Packaged Goods industry median of 0.76. Manorama Industries' overall GF Score™ is 99/100 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 Manorama Industries (NSE:MANORAMA), the current Cyclically Adjusted PS Ratio is 20.47 as of Aug. 03, 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 Manorama Industries (NSE:MANORAMA) Overvalued in 2026?
Based on GuruFocus' analysis, Manorama Industries stock appears to be undervalued.
The current stock price of ₹1,604.50 is trading 18.6% below its estimated GF Value™ of ₹1,970.60.
GuruFocus considers Manorama Industries to be Modestly Undervalued.
Key valuation signals for NSE:MANORAMA:
Cyclically Adjusted PS Ratio: 20.47 (24% above median its 10-year median of 16.46)
GF Value™: ₹1,970.60 vs. price of ₹1,604.50 (18.6% below fair value)
Industry Position: 2593.4% above the Consumer Packaged Goods median (#1428 of 1451)
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 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.
99GF Score
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