Tata Chemicals (NSE:TATACHEM) Cyclically Adjusted PS Ratio: 1.08 (As of Aug. 18, 2026) — 28% Below Median

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NSE:TATACHEM Tata Chemicals Ltd NSE:TATACHEM
76 GF Score
Price ₹662.90
GF Value ₹933.50
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Tata Chemicals Cyclically Adjusted PS Ratio?

Tata Chemicals NSE:TATACHEM -1.16% 76 Cyclically Adjusted PS Ratio is 1.08 as of Aug. 18, 2026, which is 28% below its 10-year median of 1.49. GuruFocus rates NSE:TATACHEM with a GF Score™ of 76/100 and a GF Value™ of ₹933.50 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,274 Chemicals companies, Tata Chemicals ranks better than 56.99% on this metric.

As of today (2026-08-18), Tata Chemicals's current share price is ₹662.90. Tata Chemicals's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹616.37. Tata Chemicals's Cyclically Adjusted PS Ratio for today is 1.08.

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

NSE:TATACHEM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 1.49   Max: 2.08
Current: 1.09

During the past years, Tata Chemicals's highest Cyclically Adjusted PS Ratio was 2.08. The lowest was 0.37. And the median was 1.49.

NSE:TATACHEM's Cyclically Adjusted PS Ratio is ranked better than
56.99% of 1274 companies
in the Chemicals industry
Industry Median: 1.345 vs NSE:TATACHEM: 1.09

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.

Tata Chemicals's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹167.697. 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 ₹616.37 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tata Chemicals  (NSE:TATACHEM) 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.


Tata Chemicals Cyclically Adjusted PS Ratio Related Terms


Tata Chemicals Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tata Chemicals'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.

Tata Chemicals Cyclically Adjusted PS Ratio Chart

Tata Chemicals 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 1.57 1.52 1.69 1.38 0.95

Tata Chemicals 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 1.50 1.47 1.24 0.95 1.16

NSE:TATACHEM vs DOW: Cyclically Adjusted PS Ratio Comparison

For the Chemicals subindustry, Tata Chemicals'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.


Tata Chemicals Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tata Chemicals's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:TATACHEM
76GF Score
Tata Chemicals Ltd NSE:TATACHEM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tata Chemicals 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.

Tata Chemicals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=662.90/616.37
=1.08

* 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.

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

For example, Tata Chemicals'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)
=167.697/167.3573*167.3573
=167.697

Current CPI (Jun. 2026) = 167.3573.

Tata Chemicals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 132.904 105.961 209.912
201612 95.405 105.196 151.781
201703 98.577 105.196 156.827
201706 96.206 107.109 150.322
201709 105.626 109.021 162.145
201712 101.014 109.404 154.523
201803 100.314 109.786 152.918
201806 107.788 111.317 162.052
201809 116.221 115.142 168.926
201812 100.811 115.142 146.528
201903 97.529 118.202 138.087
201906 101.374 120.880 140.352
201909 108.807 123.175 147.836
201912 103.017 126.235 136.575
202003 89.232 124.705 119.752
202006 91.946 127.000 121.164
202009 102.567 130.118 131.921
202012 102.234 130.889 130.718
202103 99.164 131.771 125.945
202106 116.845 134.084 145.840
202109 118.692 135.847 146.223
202112 123.115 138.161 149.132
202203 132.737 138.822 160.022
202206 156.815 142.347 184.367
202209 166.387 144.661 192.492
202212 162.844 145.763 186.969
202303 168.703 146.865 192.243
202306 165.549 150.280 184.361
202309 156.931 151.492 173.366
202312 146.367 152.924 160.181
202403 131.779 153.035 144.112
202406 148.781 155.789 159.829
202409 156.868 157.882 166.282
202412 140.890 158.323 148.930
202503 137.227 157.552 145.768
202506 145.956 159.755 152.901
202509 152.059 162.289 156.808
202512 139.328 163.281 142.806
202603 134.940 164.272 137.474
202606 167.697 167.357 167.697

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 1.08 mean?
Tata Chemicals (NSE:TATACHEM) has a Cyclically Adjusted PS Ratio of 1.08 as of Aug. 18, 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 Tata Chemicals and its competitors. This is 28% below median its historical median of 1.49. Over the past decade, Tata Chemicals' Cyclically Adjusted PS Ratio has ranged from 0.37 to 2.08. According to the industry distribution chart, Tata Chemicals ranks #548 out of 1274 companies in the Chemicals industry, placing it in the top 43%.
Is Tata Chemicals' Cyclically Adjusted PS Ratio too high?
Tata Chemicals' current Cyclically Adjusted PS Ratio of 1.08 is 28% below median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 2.08. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.35. Tata Chemicals' value of 1.08 is 19.7% below this industry median. Based on the distribution chart, Tata Chemicals ranks #548 out of 1274 companies in the Chemicals industry, which is above the industry midpoint. Overall, Tata Chemicals has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tata Chemicals' Cyclically Adjusted PS Ratio compare to DOW?
According to the Chemicals industry distribution chart, Tata Chemicals ranks #548 out of 1274 companies for Cyclically Adjusted PS Ratio. This puts Tata Chemicals in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.35. Tata Chemicals' value of 1.08 is 19.7% below this benchmark. Historically, Tata Chemicals' own Cyclically Adjusted PS Ratio has ranged from 0.37 to 2.08 over the past decade. While the company's 10-year median is 1.49 vs. the industry median of 1.35, Tata Chemicals 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.35, based on 1,274 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. Tata Chemicals's current Cyclically Adjusted PS Ratio of 1.08 is 19.7% 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 Tata Chemicals and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tata Chemicals's current Cyclically Adjusted PS Ratio is 1.08, which is 28% below median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Tata Chemicals (NSE:TATACHEM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹933.50, compared to a current price of ₹662.90 — trading 29% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.08, which is 28% below median its 10-year median of 1.49 and 19.7% below the Chemicals industry median of 1.35. Tata Chemicals' overall GF Score™ is 76/100 with 6 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 Tata Chemicals (NSE:TATACHEM), the current Cyclically Adjusted PS Ratio is 1.08 as of Aug. 18, 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 Tata Chemicals (NSE:TATACHEM) Overvalued in 2026?

Based on GuruFocus' analysis, Tata Chemicals stock appears to be undervalued. The current stock price of ₹662.90 is trading 29% below its estimated GF Value™ of ₹933.50. GuruFocus considers Tata Chemicals to be Modestly Undervalued.

Key valuation signals for NSE:TATACHEM:

  • Cyclically Adjusted PS Ratio: 1.08 (28% below median its 10-year median of 1.49)
  • GF Value™: ₹933.50 vs. price of ₹662.90 (29% below fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 19.7% below the Chemicals median (#548 of 1274)

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


Tata Chemicals Business Description

Other Exchanges 500770:India
Address 24, Homi Mody Street, Bombay House, Fort, Mumbai, MH, IND, 400001
Tata Chemicals Ltd is a diversified business dealing in basic chemistry products and specialty products. It has a world'wide presence with key subsidiaries in United States of America (USA), United Kingdom (UK) and Kenya that are engaged in the manufacture and sale of soda ash, industrial salt and related products. It has two business segments Basic Chemistry Products and Specialty Products. The Basic Chemistry Products segment comprises inorganic chemicals, Soda Ash, Salt and Sodium Bicarbonate. Specialty Products segment is defined by chemistry driven differentiation and innovation. This portfolio includes three key product categories viz. Specialty Silica, Prebiotics and Agri Inputs. It generates majority of revenue from Basic Chemistry Products. It sells products mainly within India.
76GF Score

Get the complete analysis for NSE:TATACHEM

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

₹662.90
Price
₹933.50
GF Value