Parin Enterprises (NSE:PARIN) Cyclically Adjusted PS Ratio: 6.45 (As of Aug. 16, 2026) — 60% Above Median

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:PARIN Parin Enterprises Ltd NSE:PARIN
86 GF Score
Price ₹697.95
GF Value ₹653.38
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Parin Enterprises Cyclically Adjusted PS Ratio?

Parin Enterprises NSE:PARIN 86 Cyclically Adjusted PS Ratio is 6.45 as of Aug. 16, 2026, which is 60% above its 10-year median of 4.03. GuruFocus rates NSE:PARIN with a GF Score™ of 86/100 and a GF Value™ of ₹653.38 (Fairly Valued). The stock has 7 warning signs investors should review. Among 336 Furnishings, Fixtures & Appliances companies, Parin Enterprises ranks worse than 96.43% on this metric.

As of today (2026-08-16), Parin Enterprises's current share price is ₹697.95. Parin Enterprises's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was ₹108.16. Parin Enterprises's Cyclically Adjusted PS Ratio for today is 6.45.

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

NSE:PARIN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.9   Med: 4.03   Max: 7.96
Current: 6.45

During the past 13 years, Parin Enterprises's highest Cyclically Adjusted PS Ratio was 7.96. The lowest was 0.90. And the median was 4.03.

NSE:PARIN's Cyclically Adjusted PS Ratio is ranked worse than
96.43% of 336 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.715 vs NSE:PARIN: 6.45

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.

Parin Enterprises's adjusted revenue per share data of for the fiscal year that ended in Mar26 was ₹220.827. 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 ₹108.16 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Parin Enterprises  (NSE:PARIN) 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.


Parin Enterprises Cyclically Adjusted PS Ratio Related Terms


Parin Enterprises Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Parin Enterprises'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.

Parin Enterprises Cyclically Adjusted PS Ratio Chart

Parin Enterprises 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 1.38 1.93 4.15 5.42

Parin Enterprises Semi-Annual Data
Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.93 0.00 4.15 0.00 5.42

NSE:PARIN vs SN, SGI, MHK: Cyclically Adjusted PS Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Parin Enterprises'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.


Parin Enterprises Cyclically Adjusted PS Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Parin Enterprises's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:PARIN
86GF Score
Parin Enterprises Ltd NSE:PARIN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Parin Enterprises 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.

Parin Enterprises's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=697.95/108.16
=6.45

* 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.

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

For example, Parin Enterprises'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)
=220.827/164.2724*164.2724
=220.827

Current CPI (Mar26) = 164.2724.

Parin Enterprises Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 52.663 105.196 82.238
201803 68.030 109.786 101.793
201903 74.628 118.202 103.715
202003 60.310 124.705 79.446
202103 75.469 131.771 94.084
202203 68.833 138.822 81.452
202303 73.028 146.865 81.684
202403 73.691 153.035 79.102
202503 150.864 157.552 157.299
202603 220.827 164.272 220.827

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 6.45 mean?
Parin Enterprises (NSE:PARIN) has a Cyclically Adjusted PS Ratio of 6.45 as of Aug. 16, 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 Parin Enterprises and its competitors. This is 60% above median its historical median of 4.03. Over the past decade, Parin Enterprises' Cyclically Adjusted PS Ratio has ranged from 0.90 to 7.96. According to the industry distribution chart, Parin Enterprises ranks #324 out of 336 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 96.4%.
Is Parin Enterprises' Cyclically Adjusted PS Ratio too high?
Parin Enterprises' current Cyclically Adjusted PS Ratio of 6.45 is 60% above median its 10-year median of 4.03. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 7.96. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PS Ratio is 0.72. Parin Enterprises' value of 6.45 is 802.1% above this industry median. Based on the distribution chart, Parin Enterprises ranks #324 out of 336 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Parin Enterprises has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Parin Enterprises' Cyclically Adjusted PS Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Parin Enterprises ranks #324 out of 336 companies for Cyclically Adjusted PS Ratio. This places Parin Enterprises in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.72. Parin Enterprises' value of 6.45 is 802.1% above this benchmark. Historically, Parin Enterprises' own Cyclically Adjusted PS Ratio has ranged from 0.90 to 7.96 over the past decade. While the company's 10-year median is 4.03 vs. the industry median of 0.72, Parin Enterprises 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PS Ratio among Furnishings, Fixtures & Appliances companies is 0.72, based on 336 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. Parin Enterprises's current Cyclically Adjusted PS Ratio of 6.45 is 802.1% 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 Parin Enterprises and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PS Ratio is 0.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parin Enterprises's current Cyclically Adjusted PS Ratio is 6.45, which is 60% above median its own 10-year median of 4.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parin Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Parin Enterprises (NSE:PARIN) is currently considered Fairly Valued. The stock's GF Value™ is ₹653.38, compared to a current price of ₹697.95 — trading 6.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.45, which is 60% above median its 10-year median of 4.03 and 802.1% above the Furnishings, Fixtures & Appliances industry median of 0.72. Parin Enterprises' overall GF Score™ is 86/100 with 7 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 Parin Enterprises (NSE:PARIN), the current Cyclically Adjusted PS Ratio is 6.45 as of Aug. 16, 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 Parin Enterprises (NSE:PARIN) Overvalued in 2026?

Based on GuruFocus' analysis, Parin Enterprises stock appears to be overvalued. The current stock price of ₹697.95 is trading 6.8% above its estimated GF Value™ of ₹653.38. GuruFocus considers Parin Enterprises to be Fairly Valued.

Key valuation signals for NSE:PARIN:

  • Cyclically Adjusted PS Ratio: 6.45 (60% above median its 10-year median of 4.03)
  • GF Value™: ₹653.38 vs. price of ₹697.95 (6.8% above fair value)
  • GF Score™: 86/100 with 7 warning signs
  • Industry Position: 802.1% above the Furnishings, Fixtures & Appliances median (#324 of 336)

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


Parin Enterprises Business Description

Address Taluka Gondal , National Highway 8B, Plot No. 1, 2 & 3, Revenue Survey No. 33, Billayala village, Rajkot, GJ, IND, 360311
Parin Enterprises Ltd formerly, Parin Furniture Ltd is engaged in manufacturing furniture, fixtures & related items. The company offers home furniture, office furniture, hospital furniture, educational furniture, and Institutional furniture. It generates its revenue from the sale of furniture products and interest income. The company is based in Rajkot with its presence at Rajkot, Ahmedabad, Surat, Mumbai, Kolkata, Junagadh, Mehsana, Kodinar, and Bhubaneshwar. It is spread across a wide area and includes different units such as procurement, designing, quality control, warehousing & packaging, etc.
86GF Score

Get the complete analysis for NSE:PARIN

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

₹697.95
Price
₹653.38
GF Value