PPAP Automotive (NSE:PPAP) Cyclically Adjusted PS Ratio: 0.71 (As of Aug. 21, 2026) — 11% Above Median

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NSE:PPAP PPAP Automotive Ltd NSE:PPAP
69 GF Score
Price ₹274.00
GF Value ₹244.85
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is PPAP Automotive Cyclically Adjusted PS Ratio?

PPAP Automotive NSE:PPAP +0.85% 69 Cyclically Adjusted PS Ratio is 0.71 as of Aug. 21, 2026, which is 11% above its 10-year median of 0.64. GuruFocus rates NSE:PPAP with a GF Score™ of 69/100 and a GF Value™ of ₹244.85 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,037 Vehicles & Parts companies, PPAP Automotive ranks better than 51.4% on this metric.

As of today (2026-08-21), PPAP Automotive's current share price is ₹274.00. PPAP Automotive's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹386.68. PPAP Automotive's Cyclically Adjusted PS Ratio for today is 0.71.

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

NSE:PPAP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.64   Max: 1.11
Current: 0.71

During the past years, PPAP Automotive's highest Cyclically Adjusted PS Ratio was 1.11. The lowest was 0.45. And the median was 0.64.

NSE:PPAP's Cyclically Adjusted PS Ratio is ranked better than
51.4% of 1037 companies
in the Vehicles & Parts industry
Industry Median: 0.75 vs NSE:PPAP: 0.71

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.

PPAP Automotive's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹110.211. 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 ₹386.68 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PPAP Automotive  (NSE:PPAP) 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.


PPAP Automotive Cyclically Adjusted PS Ratio Related Terms


PPAP Automotive Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PPAP Automotive'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.

PPAP Automotive Cyclically Adjusted PS Ratio Chart

PPAP Automotive 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 0.64 0.49 0.51 0.45 0.47

PPAP Automotive 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 0.66 0.57 0.58 0.47 0.61

NSE:PPAP vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, PPAP Automotive'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.


PPAP Automotive Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PPAP Automotive's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:PPAP
69GF Score
PPAP Automotive Ltd NSE:PPAP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PPAP Automotive 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.

PPAP Automotive's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=274.00/386.68
=0.71

* 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.

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

For example, PPAP Automotive'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)
=110.211/167.3573*167.3573
=110.211

Current CPI (Jun. 2026) = 167.3573.

PPAP Automotive Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 51.271 102.901 83.387
201603 66.480 102.518 108.526
201606 57.929 105.961 91.494
201609 58.329 105.961 92.126
201703 0.000 105.196 0.000
201709 69.615 109.021 106.865
201803 0.000 109.786 0.000
201806 71.261 111.317 107.136
201809 84.713 115.142 123.129
201812 66.807 115.142 97.103
201903 65.924 118.202 93.339
201906 65.817 120.880 91.123
201909 60.894 123.175 82.736
201912 56.265 126.235 74.594
202003 72.540 124.705 97.350
202006 12.630 127.000 16.643
202009 59.284 130.118 76.251
202012 76.637 130.889 97.990
202103 80.485 131.771 102.221
202106 56.242 134.084 70.198
202109 75.589 135.847 93.122
202112 81.405 138.161 98.608
202203 85.011 138.822 102.485
202206 89.010 142.347 104.649
202209 91.198 144.661 105.506
202212 90.802 145.763 104.254
202303 91.527 146.865 104.298
202306 83.033 150.280 92.469
202309 107.079 151.492 118.293
202312 87.427 152.924 95.678
202403 92.684 153.035 101.358
202406 82.411 155.789 88.531
202409 102.468 157.882 108.617
202412 98.000 158.323 103.592
202503 104.146 157.552 110.628
202506 82.674 159.755 86.608
202509 90.104 162.289 92.918
202512 105.055 163.281 107.678
202603 123.275 164.272 125.590
202606 110.211 167.357 110.211

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 0.71 mean?
PPAP Automotive (NSE:PPAP) has a Cyclically Adjusted PS Ratio of 0.71 as of Aug. 21, 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 PPAP Automotive and its competitors. This is 11% above median its historical median of 0.64. Over the past decade, PPAP Automotive's Cyclically Adjusted PS Ratio has ranged from 0.45 to 1.11. According to the industry distribution chart, PPAP Automotive ranks #504 out of 1037 companies in the Vehicles & Parts industry, placing it in the top 48.6%.
Is PPAP Automotive's Cyclically Adjusted PS Ratio too high?
PPAP Automotive's current Cyclically Adjusted PS Ratio of 0.71 is 11% above median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.11. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.75. PPAP Automotive's value of 0.71 is 5.3% below this industry median. Based on the distribution chart, PPAP Automotive ranks #504 out of 1037 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, PPAP Automotive has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PPAP Automotive's Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, PPAP Automotive ranks #504 out of 1037 companies for Cyclically Adjusted PS Ratio. This puts PPAP Automotive in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.75. PPAP Automotive's value of 0.71 is 5.3% below this benchmark. Historically, PPAP Automotive's own Cyclically Adjusted PS Ratio has ranged from 0.45 to 1.11 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 0.75, PPAP Automotive 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.75, based on 1,037 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. PPAP Automotive's current Cyclically Adjusted PS Ratio of 0.71 is 5.3% 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 PPAP Automotive and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PPAP Automotive's current Cyclically Adjusted PS Ratio is 0.71, which is 11% above median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPAP Automotive stock overvalued right now?
Based on GuruFocus' analysis, PPAP Automotive (NSE:PPAP) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹244.85, compared to a current price of ₹274.00 — trading 11.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.71, which is 11% above median its 10-year median of 0.64 and 5.3% below the Vehicles & Parts industry median of 0.75. PPAP Automotive's overall GF Score™ is 69/100 with 3 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 PPAP Automotive (NSE:PPAP), the current Cyclically Adjusted PS Ratio is 0.71 as of Aug. 21, 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 PPAP Automotive (NSE:PPAP) Overvalued in 2026?

Based on GuruFocus' analysis, PPAP Automotive stock appears to be overvalued. The current stock price of ₹274.00 is trading 11.9% above its estimated GF Value™ of ₹244.85. GuruFocus considers PPAP Automotive to be Modestly Overvalued.

Key valuation signals for NSE:PPAP:

  • Cyclically Adjusted PS Ratio: 0.71 (11% above median its 10-year median of 0.64)
  • GF Value™: ₹244.85 vs. price of ₹274.00 (11.9% above fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 5.3% below the Vehicles & Parts median (#504 of 1037)

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


PPAP Automotive Business Description

Other Exchanges 532934:India
Address Sector-81, B-206A, Phase-II, Noida, UP, IND, 201305
PPAP Automotive Ltd is an Indian company specializing in the manufacturing of automotive sealing systems, interior and exterior automotive parts using plastic and rubber extrusion and plastic injection molding technologies. It serves many automotive OEMs in passenger vehicles, two-wheelers, and commercial vehicle segments. The company operates manufacturing facilities across key automotive hubs in India, including Noida, Surajpur, Chennai, Pathredi, and Viramgam. PPAP also develops high-precision plastic injection toolings and has expanded into lithium-ion battery pack solutions for electric two-wheelers and three-wheelers.
69GF Score

Get the complete analysis for NSE:PPAP

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

₹274.00
Price
₹244.85
GF Value