Shree Ajit Pulp And Paper (NSE:SAPPL) Cyclically Adjusted PS Ratio: (As of Aug. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:SAPPL Shree Ajit Pulp And Paper Ltd NSE:SAPPL
64 GF Score
Price ₹289.55
GF Value ₹373.20
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Shree Ajit Pulp And Paper Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shree Ajit Pulp And Paper  (NSE:SAPPL) 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.


Shree Ajit Pulp And Paper Cyclically Adjusted PS Ratio Related Terms


Shree Ajit Pulp And Paper Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shree Ajit Pulp And Paper'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.

Shree Ajit Pulp And Paper Cyclically Adjusted PS Ratio Chart

Shree Ajit Pulp And Paper 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 0.58 0.41 0.43 0.41 0.52

Shree Ajit Pulp And Paper Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.41 0.40 0.49 0.51 0.52

NSE:SAPPL vs : Cyclically Adjusted PS Ratio Comparison

For the Paper & Paper Products subindustry, Shree Ajit Pulp And Paper'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.


Shree Ajit Pulp And Paper Cyclically Adjusted PS Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shree Ajit Pulp And Paper's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shree Ajit Pulp And Paper's Cyclically Adjusted PS Ratio falls into.


NSE:SAPPL
64GF Score
Shree Ajit Pulp And Paper Ltd NSE:SAPPL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shree Ajit Pulp And Paper 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.

Shree Ajit Pulp And Paper's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Shree Ajit Pulp And Paper's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=196.157/330.2130*330.2130
=196.157

Current CPI (Mar. 2026) = 330.2130.

Shree Ajit Pulp And Paper Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 74.803 241.018 102.486
201609 60.739 241.428 83.076
201612 58.184 241.432 79.580
201703 66.781 243.801 90.451
201706 69.807 244.955 94.104
201709 78.375 246.819 104.856
201712 83.189 246.524 111.430
201803 83.547 249.554 110.550
201806 87.803 251.989 115.059
201809 95.634 252.439 125.098
201812 77.446 251.233 101.793
201903 79.345 254.202 103.071
201906 78.896 256.143 101.711
201909 80.809 256.759 103.927
201912 66.120 256.974 84.965
202003 77.481 258.115 99.123
202006 35.336 257.797 45.262
202009 82.777 260.280 105.018
202012 102.213 260.474 129.579
202103 116.181 264.877 144.839
202106 109.879 271.696 133.544
202109 128.307 274.310 154.455
202112 134.779 278.802 159.632
202203 153.363 287.504 176.145
202206 130.329 296.311 145.240
202209 134.202 296.808 149.306
202212 109.384 296.797 121.699
202303 94.593 301.836 103.486
202306 95.799 305.109 103.681
202309 85.984 307.789 92.248
202312 54.381 306.746 58.541
202403 119.750 312.332 126.606
202406 157.776 314.175 165.830
202409 143.486 315.301 150.272
202412 148.360 315.605 155.227
202503 186.307 319.799 192.374
202506 199.207 322.561 203.933
202509 193.795 324.800 197.025
202512 198.814 324.054 202.593
202603 196.157 330.213 196.157

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 Shree Ajit Pulp And Paper (NSE:SAPPL) Overvalued in 2026?

Based on GuruFocus' analysis, Shree Ajit Pulp And Paper stock appears to be undervalued. The current stock price of ₹289.55 is trading 22.4% below its estimated GF Value™ of ₹373.20. GuruFocus considers Shree Ajit Pulp And Paper to be Modestly Undervalued.

Key valuation signals for NSE:SAPPL:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹373.20 vs. price of ₹289.55 (22.4% below fair value)
  • GF Score™: 64/100 with 4 warning signs

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


Shree Ajit Pulp And Paper Business Description

Comparable Companies
Other Exchanges 538795:India
Address Survey No. 239, Village Salvav, Near Morai Railway Crossing, Via-Vapi, District Valsad, Vapi, GJ, IND, 396191
Shree Ajit Pulp And Paper Ltd is engaged in the manufacturing of Kraft Paper (Testliner/Multilayer Testliner), which is mainly used for the manufacturing of corrugated boxes. The product includes multilayer test liner and test liner paper, and is available in two shades, which are natural and golden yellow. The Kraft papers of the company are mainly used for making corrugated boxes, duplex cartons, and packaging material. Geographically, the company derives all of its revenue from its business in India.
64GF Score

Get the complete analysis for NSE:SAPPL

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

₹289.55
Price
₹373.20
GF Value