Pearl Global Industries (NSE:PGIL) Cyclically Adjusted PS Ratio: 3.38 (As of Aug. 15, 2026) — 339% Above Median

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NSE:PGIL Pearl Global Industries Ltd NSE:PGIL
75 GF Score
Price ₹2,474.60
GF Value ₹1,504.56
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Pearl Global Industries Cyclically Adjusted PS Ratio?

Pearl Global Industries NSE:PGIL +0.39% 75 Cyclically Adjusted PS Ratio is 3.38 as of Aug. 15, 2026, which is 339% above its 10-year median of 0.77. GuruFocus rates NSE:PGIL with a GF Score™ of 75/100 and a GF Value™ of ₹1,504.56 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 883 Manufacturing - Apparel & Accessories companies, Pearl Global Industries ranks worse than 89.35% on this metric.

As of today (2026-08-15), Pearl Global Industries's current share price is ₹2474.60. Pearl Global Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹733.03. Pearl Global Industries's Cyclically Adjusted PS Ratio for today is 3.38.

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

NSE:PGIL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.77   Max: 3.38
Current: 3.38

During the past years, Pearl Global Industries's highest Cyclically Adjusted PS Ratio was 3.38. The lowest was 0.12. And the median was 0.77.

NSE:PGIL's Cyclically Adjusted PS Ratio is ranked worse than
89.35% of 883 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.65 vs NSE:PGIL: 3.38

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.

Pearl Global Industries's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹330.114. 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 ₹733.03 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pearl Global Industries  (NSE:PGIL) 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.


Pearl Global Industries Cyclically Adjusted PS Ratio Related Terms


Pearl Global Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Pearl Global 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.

Pearl Global Industries Cyclically Adjusted PS Ratio Chart

Pearl Global 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 0.32 0.33 0.99 2.11 1.91

Pearl Global 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 2.31 1.87 2.32 1.91 2.75

NSE:PGIL vs RL, LEVI, VFC: Cyclically Adjusted PS Ratio Comparison

For the Apparel Manufacturing subindustry, Pearl Global 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.


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

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

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


NSE:PGIL
75GF Score
Pearl Global Industries Ltd NSE:PGIL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pearl Global 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.

Pearl Global Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2474.60/733.03
=3.38

* 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.

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

For example, Pearl Global Industries'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)
=330.114/167.3573*167.3573
=330.114

Current CPI (Jun. 2026) = 167.3573.

Pearl Global Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 65.521 105.961 103.485
201612 77.563 105.196 123.396
201703 125.289 105.196 199.323
201706 91.576 107.109 143.087
201709 87.492 109.021 134.308
201712 74.871 109.404 114.532
201803 100.474 109.786 153.162
201806 93.663 111.317 140.816
201809 104.925 115.142 152.507
201812 90.882 115.142 132.096
201903 104.731 118.202 148.284
201906 87.810 120.880 121.572
201909 100.395 123.175 136.406
201912 80.729 126.235 107.027
202003 108.035 124.705 144.986
202006 35.856 127.000 47.250
202009 103.988 130.118 133.749
202012 83.044 130.889 106.182
202103 113.120 131.771 143.670
202106 78.129 134.084 97.517
202109 157.258 135.847 193.735
202112 161.587 138.161 195.734
202203 187.558 138.822 226.111
202206 196.469 142.347 230.988
202209 198.554 144.661 229.706
202212 165.495 145.763 190.013
202303 143.572 146.865 163.605
202306 205.793 150.280 229.178
202309 220.552 151.492 243.650
202312 161.267 152.924 176.487
202403 187.412 153.035 204.952
202406 239.077 155.789 256.830
202409 262.479 157.882 278.231
202412 224.984 158.323 237.822
202503 269.432 157.552 286.201
202506 264.694 159.755 277.290
202509 283.662 162.289 292.520
202512 253.345 163.281 259.670
202603 283.986 164.272 289.319
202606 330.114 167.357 330.114

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 3.38 mean?
Pearl Global Industries (NSE:PGIL) has a Cyclically Adjusted PS Ratio of 3.38 as of Aug. 15, 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 Pearl Global Industries and its competitors. This is 339% above median its historical median of 0.77. Over the past decade, Pearl Global Industries' Cyclically Adjusted PS Ratio has ranged from 0.12 to 3.38. According to the industry distribution chart, Pearl Global Industries ranks #789 out of 883 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 89.4%.
Is Pearl Global Industries' Cyclically Adjusted PS Ratio too high?
Pearl Global Industries' current Cyclically Adjusted PS Ratio of 3.38 is 339% above median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 3.38. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.65. Pearl Global Industries' value of 3.38 is 420% above this industry median. Based on the distribution chart, Pearl Global Industries ranks #789 out of 883 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Pearl Global Industries has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pearl Global Industries' Cyclically Adjusted PS Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Pearl Global Industries ranks #789 out of 883 companies for Cyclically Adjusted PS Ratio. This places Pearl Global Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.65. Pearl Global Industries' value of 3.38 is 420% above this benchmark. Historically, Pearl Global Industries' own Cyclically Adjusted PS Ratio has ranged from 0.12 to 3.38 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 0.65, Pearl Global 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.65, based on 883 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. Pearl Global Industries's current Cyclically Adjusted PS Ratio of 3.38 is 420% 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 Pearl Global Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pearl Global Industries's current Cyclically Adjusted PS Ratio is 3.38, which is 339% above median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pearl Global Industries stock overvalued right now?
Based on GuruFocus' analysis, Pearl Global Industries (NSE:PGIL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,504.56, compared to a current price of ₹2,474.60 — trading 64.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.38, which is 339% above median its 10-year median of 0.77 and 420% above the Manufacturing - Apparel & Accessories industry median of 0.65. Pearl Global Industries' overall GF Score™ is 75/100 with 5 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 Pearl Global Industries (NSE:PGIL), the current Cyclically Adjusted PS Ratio is 3.38 as of Aug. 15, 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 Pearl Global Industries (NSE:PGIL) Overvalued in 2026?

Based on GuruFocus' analysis, Pearl Global Industries stock appears to be overvalued. The current stock price of ₹2,474.60 is trading 64.5% above its estimated GF Value™ of ₹1,504.56. GuruFocus considers Pearl Global Industries to be Significantly Overvalued.

Key valuation signals for NSE:PGIL:

  • Cyclically Adjusted PS Ratio: 3.38 (339% above median its 10-year median of 0.77)
  • GF Value™: ₹1,504.56 vs. price of ₹2,474.60 (64.5% above fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 420% above the Manufacturing - Apparel & Accessories median (#789 of 883)

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


Pearl Global Industries Business Description

Other Exchanges 532808:India
Address Sector - 32, Plot No. 51, Pearl Tower, Gurugram, HR, IND, 122001
Pearl Global Industries Ltd is engaged in the manufacturing, sourcing, distribution, and export of ready-to-wear apparel through its domestic and global facilities and operations. The geographical segments of the company include Hong Kong, Bangladesh, India, and Others. The company earns majority of its revenue outside India. The company's product range comprises of knits, woven and bottoms across men, women, and kids wear segments.
75GF Score

Get the complete analysis for NSE:PGIL

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

₹2,474.60
Price
₹1,504.56
GF Value