TCPL Packaging (NSE:TCPLPACK) Cyclically Adjusted PS Ratio: 2.19 (As of Jul. 16, 2026) — 42% Above Median

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NSE:TCPLPACK TCPL Packaging Ltd NSE:TCPLPACK
80 GF Score
Price ₹3,284.40
GF Value ₹3,088.79
Valuation Fairly Valued
! 3 Warning Signs
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What is TCPL Packaging Cyclically Adjusted PS Ratio?

TCPL Packaging NSE:TCPLPACK +2.10% 80 Cyclically Adjusted PS Ratio is 2.19 as of Jul. 16, 2026, which is 42% above its 10-year median of 1.54. GuruFocus rates NSE:TCPLPACK with a GF Score™ of 80/100 and a GF Value™ of ₹3,088.79 (Fairly Valued). The stock has 3 warning signs investors should review. Among 319 Packaging & Containers companies, TCPL Packaging ranks worse than 80.25% on this metric.

As of today (2026-07-16), TCPL Packaging's current share price is ₹3284.40. TCPL Packaging's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹1,500.52. TCPL Packaging's Cyclically Adjusted PS Ratio for today is 2.19.

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

NSE:TCPLPACK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.54   Max: 3.5
Current: 2

During the past years, TCPL Packaging's highest Cyclically Adjusted PS Ratio was 3.50. The lowest was 0.32. And the median was 1.54.

NSE:TCPLPACK's Cyclically Adjusted PS Ratio is ranked worse than
80.25% of 319 companies
in the Packaging & Containers industry
Industry Median: 0.7 vs NSE:TCPLPACK: 2.00

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.

TCPL Packaging's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹498.828. 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 ₹1,500.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TCPL Packaging  (NSE:TCPLPACK) 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.


TCPL Packaging Cyclically Adjusted PS Ratio Related Terms


TCPL Packaging Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for TCPL Packaging'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.

TCPL Packaging Cyclically Adjusted PS Ratio Chart

TCPL Packaging 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 0.77 1.31 1.83 3.37 1.52

TCPL Packaging 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 3.37 2.67 2.31 2.06 1.52

NSE:TCPLPACK vs SW, PKG, IP: Cyclically Adjusted PS Ratio Comparison

For the Packaging & Containers subindustry, TCPL Packaging'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.


TCPL Packaging Cyclically Adjusted PS Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, TCPL Packaging's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:TCPLPACK
80GF Score
TCPL Packaging Ltd NSE:TCPLPACK
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TCPL Packaging 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.

TCPL Packaging's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3284.40/1500.52
=2.19

* 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.

TCPL Packaging's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, TCPL Packaging'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)
=498.828/164.2724*164.2724
=498.828

Current CPI (Mar. 2026) = 164.2724.

TCPL Packaging Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 163.977 105.961 254.215
201609 179.690 105.961 278.575
201612 180.653 105.196 282.105
201703 160.790 105.196 251.087
201706 159.236 107.109 244.220
201709 200.949 109.021 302.788
201712 206.775 109.404 310.477
201803 201.554 109.786 301.583
201806 196.052 111.317 289.319
201809 229.768 115.142 327.809
201812 228.651 115.142 326.215
201903 220.345 118.202 306.226
201906 226.923 120.880 308.382
201909 244.229 123.175 325.716
201912 255.739 126.235 332.798
202003 229.735 124.705 302.627
202006 182.967 127.000 236.664
202009 263.537 130.118 332.713
202012 261.141 130.889 327.745
202103 267.248 131.771 333.166
202106 244.933 134.084 300.078
202109 272.165 135.847 329.114
202112 298.227 138.161 354.590
202203 355.565 138.822 420.752
202206 367.241 142.347 423.805
202209 389.208 144.661 441.972
202212 403.341 145.763 454.559
202303 421.300 146.865 471.237
202306 400.701 150.280 438.010
202309 437.649 151.492 474.571
202312 396.767 152.924 426.210
202403 432.248 153.035 463.990
202406 438.038 155.789 461.891
202409 500.515 157.882 520.773
202412 518.902 158.323 538.401
202503 464.089 157.552 483.886
202506 459.588 159.755 472.583
202509 496.795 162.289 502.866
202512 511.043 163.281 514.147
202603 498.828 164.272 498.828

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 2.19 mean?
TCPL Packaging (NSE:TCPLPACK) has a Cyclically Adjusted PS Ratio of 2.19 as of Jul. 16, 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 TCPL Packaging and its competitors. This is 42% above median its historical median of 1.54. Over the past decade, TCPL Packaging's Cyclically Adjusted PS Ratio has ranged from 0.32 to 3.50. According to the industry distribution chart, TCPL Packaging ranks #256 out of 319 companies in the Packaging & Containers industry, placing it in the top 80.3%.
Is TCPL Packaging's Cyclically Adjusted PS Ratio too high?
TCPL Packaging's current Cyclically Adjusted PS Ratio of 2.19 is 42% above median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 3.50. The Packaging & Containers industry median Cyclically Adjusted PS Ratio is 0.70. TCPL Packaging's value of 2.19 is 212.9% above this industry median. Based on the distribution chart, TCPL Packaging ranks #256 out of 319 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, TCPL Packaging has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TCPL Packaging's Cyclically Adjusted PS Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, TCPL Packaging ranks #256 out of 319 companies for Cyclically Adjusted PS Ratio. This places TCPL Packaging in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. TCPL Packaging's value of 2.19 is 212.9% above this benchmark. Historically, TCPL Packaging's own Cyclically Adjusted PS Ratio has ranged from 0.32 to 3.50 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 0.70, TCPL Packaging 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 Packaging & Containers company?
The median Cyclically Adjusted PS Ratio among Packaging & Containers companies is 0.70, based on 319 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. TCPL Packaging's current Cyclically Adjusted PS Ratio of 2.19 is 212.9% 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 TCPL Packaging and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCPL Packaging's current Cyclically Adjusted PS Ratio is 2.19, which is 42% above median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCPL Packaging stock overvalued right now?
Based on GuruFocus' analysis, TCPL Packaging (NSE:TCPLPACK) is currently considered Fairly Valued. The stock's GF Value™ is ₹3,088.79, compared to a current price of ₹3,284.40 — trading 6.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.19, which is 42% above median its 10-year median of 1.54 and 212.9% above the Packaging & Containers industry median of 0.70. TCPL Packaging's overall GF Score™ is 80/100 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 TCPL Packaging (NSE:TCPLPACK), the current Cyclically Adjusted PS Ratio is 2.19 as of Jul. 16, 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 TCPL Packaging (NSE:TCPLPACK) Overvalued in 2026?

Based on GuruFocus' analysis, TCPL Packaging stock appears to be overvalued. The current stock price of ₹3,284.40 is trading 6.3% above its estimated GF Value™ of ₹3,088.79. GuruFocus considers TCPL Packaging to be Fairly Valued.

Key valuation signals for NSE:TCPLPACK:

  • Cyclically Adjusted PS Ratio: 2.19 (42% above median its 10-year median of 1.54)
  • GF Value™: ₹3,088.79 vs. price of ₹3,284.40 (6.3% above fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 212.9% above the Packaging & Containers median (#256 of 319)

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


TCPL Packaging Business Description

Other Exchanges 523301:India
Address 414, Senapati Bapat Marg, Empire Mills Complex, Lower Parel (West), Mumbai, MH, IND, 400 013
TCPL Packaging Ltd is engaged in the Printing and Packaging business. The company manufactures folding cartons, printed blanks and outers, litho-lamination, plastic cartons, blister packs, and shelf-ready packaging. Geographically, it derives a majority of its revenue from India. It serves FMCG, Food and Beverage, Liquor, Pharmaceuticals, and Other industries. It has one segment of business, which is Printing and Packaging.
80GF Score

Get the complete analysis for NSE:TCPLPACK

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

₹3,284.40
Price
₹3,088.79
GF Value