Sharda Motor Industries (NSE:SHARDAMOTR) Cyclically Adjusted PS Ratio: 2.38 (As of Aug. 06, 2026) — 10% Above Median

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NSE:SHARDAMOTR Sharda Motor Industries Ltd NSE:SHARDAMOTR
91 GF Score
Price ₹901.35
GF Value ₹937.54
Valuation Fairly Valued
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What is Sharda Motor Industries Cyclically Adjusted PS Ratio?

Sharda Motor Industries NSE:SHARDAMOTR +1.51% 91 Cyclically Adjusted PS Ratio is 2.38 as of Aug. 06, 2026, which is 10% above its 10-year median of 2.17. GuruFocus rates NSE:SHARDAMOTR with a GF Score™ of 91/100 and a GF Value™ of ₹937.54 (Fairly Valued). Among 1,042 Vehicles & Parts companies, Sharda Motor Industries ranks worse than 78.6% on this metric.

As of today (2026-08-06), Sharda Motor Industries's current share price is ₹901.35. Sharda Motor Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was ₹378.89. Sharda Motor Industries's Cyclically Adjusted PS Ratio for today is 2.38.

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

NSE:SHARDAMOTR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.01   Med: 2.17   Max: 4.23
Current: 2.17

During the past years, Sharda Motor Industries's highest Cyclically Adjusted PS Ratio was 4.23. The lowest was 1.01. And the median was 2.17.

NSE:SHARDAMOTR's Cyclically Adjusted PS Ratio is ranked worse than
78.6% of 1042 companies
in the Vehicles & Parts industry
Industry Median: 0.725 vs NSE:SHARDAMOTR: 2.17

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.

Sharda Motor Industries's adjusted revenue per share data for the three months ended in Dec. 2025 was ₹153.551. 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 ₹378.89 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sharda Motor Industries  (NSE:SHARDAMOTR) 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.


Sharda Motor Industries Cyclically Adjusted PS Ratio Related Terms


Sharda Motor Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sharda Motor 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.

Sharda Motor Industries Cyclically Adjusted PS Ratio Chart

Sharda Motor Industries Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.55 1.01 2.21 2.30

Sharda Motor Industries Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 2.75 2.30 2.64 2.83 2.48

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

For the Auto Parts subindustry, Sharda Motor 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.


Sharda Motor Industries Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

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

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


NSE:SHARDAMOTR
91GF Score
Sharda Motor Industries Ltd NSE:SHARDAMOTR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sharda Motor 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.

Sharda Motor Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=901.35/378.89
=2.38

* 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.

Sharda Motor Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Sharda Motor Industries's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=153.551/163.2808*163.2808
=153.551

Current CPI (Dec. 2025) = 163.2808.

Sharda Motor Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 35.908 99.841 58.724
201509 45.137 101.753 72.430
201512 47.005 102.901 74.586
201603 19.942 102.518 31.762
201606 41.057 105.961 63.267
201609 51.400 105.961 79.205
201612 49.479 105.196 76.799
201703 24.996 105.196 38.798
201803 0.000 109.786 0.000
201806 50.086 111.317 73.467
201809 50.252 115.142 71.262
201812 43.405 115.142 61.552
201903 46.765 118.202 64.600
201906 42.655 120.880 57.617
201909 35.315 123.175 46.814
201912 36.191 126.235 46.812
202003 30.222 124.705 39.571
202006 17.436 127.000 22.417
202009 74.759 130.118 93.813
202012 98.248 130.889 122.562
202103 100.388 131.771 124.394
202106 79.341 134.084 96.617
202109 98.728 135.847 118.666
202112 97.281 138.161 114.968
202203 100.256 138.822 117.920
202206 105.564 142.347 121.088
202209 117.387 144.661 132.496
202212 115.399 145.763 129.268
202303 111.148 146.865 123.572
202306 109.976 150.280 119.490
202309 128.254 151.492 138.234
202312 115.878 152.924 123.726
202403 113.754 153.035 121.370
202406 115.536 155.789 121.092
202409 123.800 157.882 128.033
202412 120.189 158.323 123.953
202503 121.906 157.552 126.339
202506 131.741 159.755 134.648
202509 137.111 162.289 137.949
202512 153.551 163.281 153.551

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 2.38 mean?
Sharda Motor Industries (NSE:SHARDAMOTR) has a Cyclically Adjusted PS Ratio of 2.38 as of Aug. 06, 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 Sharda Motor Industries and its competitors. This is 10% above median its historical median of 2.17. Over the past decade, Sharda Motor Industries' Cyclically Adjusted PS Ratio has ranged from 1.01 to 4.23. According to the industry distribution chart, Sharda Motor Industries ranks #819 out of 1042 companies in the Vehicles & Parts industry, placing it in the top 78.6%.
Is Sharda Motor Industries' Cyclically Adjusted PS Ratio too high?
Sharda Motor Industries' current Cyclically Adjusted PS Ratio of 2.38 is 10% above median its 10-year median of 2.17. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 4.23. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.73. Sharda Motor Industries' value of 2.38 is 228.3% above this industry median. Based on the distribution chart, Sharda Motor Industries ranks #819 out of 1042 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Sharda Motor Industries has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sharda Motor Industries' Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Sharda Motor Industries ranks #819 out of 1042 companies for Cyclically Adjusted PS Ratio. This places Sharda Motor Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.73. Sharda Motor Industries' value of 2.38 is 228.3% above this benchmark. Historically, Sharda Motor Industries' own Cyclically Adjusted PS Ratio has ranged from 1.01 to 4.23 over the past decade. While the company's 10-year median is 2.17 vs. the industry median of 0.73, Sharda Motor 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.73, based on 1,042 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. Sharda Motor Industries's current Cyclically Adjusted PS Ratio of 2.38 is 228.3% 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 Sharda Motor Industries and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sharda Motor Industries's current Cyclically Adjusted PS Ratio is 2.38, which is 10% above median its own 10-year median of 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sharda Motor Industries stock overvalued right now?
Based on GuruFocus' analysis, Sharda Motor Industries (NSE:SHARDAMOTR) is currently considered Fairly Valued. The stock's GF Value™ is ₹937.54, compared to a current price of ₹901.35 — trading 3.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.38, which is 10% above median its 10-year median of 2.17 and 228.3% above the Vehicles & Parts industry median of 0.73. Sharda Motor Industries' overall GF Score™ is 91/100. 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 Sharda Motor Industries (NSE:SHARDAMOTR), the current Cyclically Adjusted PS Ratio is 2.38 as of Aug. 06, 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 Sharda Motor Industries (NSE:SHARDAMOTR) Overvalued in 2026?

Based on GuruFocus' analysis, Sharda Motor Industries stock appears to be undervalued. The current stock price of ₹901.35 is trading 3.9% below its estimated GF Value™ of ₹937.54. GuruFocus considers Sharda Motor Industries to be Fairly Valued.

Key valuation signals for NSE:SHARDAMOTR:

  • Cyclically Adjusted PS Ratio: 2.38 (10% above median its 10-year median of 2.17)
  • GF Value™: ₹937.54 vs. price of ₹901.35 (3.9% below fair value)
  • GF Score™: 91/100
  • Industry Position: 228.3% above the Vehicles & Parts median (#819 of 1042)

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


Sharda Motor Industries Business Description

Other Exchanges 535602:India
Address D-188, Okhla Industrial Area, Phase - I, New Delhi, IND, 110020
Sharda Motor Industries Ltd is engaged in the manufacturing and assembly of auto components and white goods components. Its product portfolio includes exhaust systems, catalytic converters, suspension systems, sheet metal components, and plastic parts for the automotive and white goods industries. It operates in a single segment which is manufacturing and trading of auto component parts. Geographically, the company caters to both Indian and international markets and derives a majority of its revenue from its business in India.
91GF Score

Get the complete analysis for NSE:SHARDAMOTR

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

₹901.35
Price
₹937.54
GF Value