Trident (NSE:TRIDENT) Cyclically Adjusted PS Ratio: 1.77 (As of Aug. 01, 2026) — 19% Below Median

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NSE:TRIDENT Trident Ltd NSE:TRIDENT
82 GF Score
Price ₹24.71
GF Value ₹32.65
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Trident Cyclically Adjusted PS Ratio?

Trident NSE:TRIDENT 82 Cyclically Adjusted PS Ratio is 1.77 as of Aug. 01, 2026, which is 19% below its 10-year median of 2.19. GuruFocus rates NSE:TRIDENT with a GF Score™ of 82/100 and a GF Value™ of ₹32.65 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 886 Manufacturing - Apparel & Accessories companies, Trident ranks worse than 77.2% on this metric.

As of today (2026-08-01), Trident's current share price is ₹24.71. Trident's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹13.94. Trident's Cyclically Adjusted PS Ratio for today is 1.77.

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

NSE:TRIDENT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.63   Med: 2.19   Max: 3.4
Current: 1.78

During the past years, Trident's highest Cyclically Adjusted PS Ratio was 3.40. The lowest was 1.63. And the median was 2.19.

NSE:TRIDENT's Cyclically Adjusted PS Ratio is ranked worse than
77.2% of 886 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.645 vs NSE:TRIDENT: 1.78

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.

Trident's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹3.504. 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 ₹13.94 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trident  (NSE:TRIDENT) 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.


Trident Cyclically Adjusted PS Ratio Related Terms


Trident Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Trident'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.

Trident Cyclically Adjusted PS Ratio Chart

Trident 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 0.00 0.00 2.64 1.71 1.61

Trident 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 2.18 1.98 1.90 1.61 1.87

Trident Cyclically Adjusted PS Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Trident'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.


Trident Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Trident's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:TRIDENT
82GF Score
Trident Ltd NSE:TRIDENT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trident 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.

Trident's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.71/13.94
=1.77

* 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.

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

For example, Trident'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)
=3.504/166.1454*166.1454
=3.504

Current CPI (Jun. 2026) = 166.1454.

Trident Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 2.664 83.774 5.283
201303 2.569 85.687 4.981
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 2.277 111.317 3.399
201809 2.808 115.142 4.052
201812 2.598 115.142 3.749
201903 2.155 118.202 3.029
201906 2.679 120.880 3.682
201909 2.688 123.175 3.626
201912 2.030 126.235 2.672
202003 1.352 124.705 1.801
202006 1.402 127.000 1.834
202009 2.333 130.118 2.979
202012 2.556 130.889 3.244
202103 1.990 131.771 2.509
202106 2.939 134.084 3.642
202109 3.389 135.847 4.145
202112 3.940 138.161 4.738
202203 2.863 138.822 3.427
202206 3.377 142.347 3.942
202209 2.692 144.661 3.092
202212 3.301 145.763 3.763
202303 2.451 146.865 2.773
202306 3.039 150.280 3.360
202309 3.583 151.492 3.930
202312 3.694 152.924 4.013
202403 2.579 153.035 2.800
202406 3.545 155.789 3.781
202409 3.500 157.882 3.683
202412 3.122 158.323 3.276
202503 3.498 157.552 3.689
202506 3.293 159.755 3.425
202509 3.538 162.289 3.622
202512 3.203 163.281 3.259
202603 3.202 164.272 3.239
202606 3.504 166.145 3.504

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 1.77 mean?
Trident (NSE:TRIDENT) has a Cyclically Adjusted PS Ratio of 1.77 as of Aug. 01, 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 Trident and its competitors. This is 19% below median its historical median of 2.19. Over the past decade, Trident's Cyclically Adjusted PS Ratio has ranged from 1.63 to 3.40. According to the industry distribution chart, Trident ranks #684 out of 886 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 77.2%.
Is Trident's Cyclically Adjusted PS Ratio too high?
Trident's current Cyclically Adjusted PS Ratio of 1.77 is 19% below median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 3.40. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.65. Trident's value of 1.77 is 174.4% above this industry median. Based on the distribution chart, Trident ranks #684 out of 886 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Trident has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trident's Cyclically Adjusted PS Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Trident ranks #684 out of 886 companies for Cyclically Adjusted PS Ratio. This places Trident in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.65. Trident's value of 1.77 is 174.4% above this benchmark. Historically, Trident's own Cyclically Adjusted PS Ratio has ranged from 1.63 to 3.40 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 0.65, Trident 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.65, based on 886 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. Trident's current Cyclically Adjusted PS Ratio of 1.77 is 174.4% 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 Trident and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trident's current Cyclically Adjusted PS Ratio is 1.77, which is 19% below median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trident stock overvalued right now?
Based on GuruFocus' analysis, Trident (NSE:TRIDENT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹32.65, compared to a current price of ₹24.71 — trading 24.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.77, which is 19% below median its 10-year median of 2.19 and 174.4% above the Manufacturing - Apparel & Accessories industry median of 0.65. Trident's overall GF Score™ is 82/100 with 4 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 Trident (NSE:TRIDENT), the current Cyclically Adjusted PS Ratio is 1.77 as of Aug. 01, 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 Trident (NSE:TRIDENT) Overvalued in 2026?

Based on GuruFocus' analysis, Trident stock appears to be undervalued. The current stock price of ₹24.71 is trading 24.3% below its estimated GF Value™ of ₹32.65. GuruFocus considers Trident to be Modestly Undervalued.

Key valuation signals for NSE:TRIDENT:

  • Cyclically Adjusted PS Ratio: 1.77 (19% below median its 10-year median of 2.19)
  • GF Value™: ₹32.65 vs. price of ₹24.71 (24.3% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 174.4% above the Manufacturing - Apparel & Accessories median (#684 of 886)

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


Trident Business Description

Other Exchanges 521064:India
Address Trident Group, Sanghera, Barnala, PB, IND, 148101
Trident Ltd is a terry towel and wheat straw-based manufacturer in India. The company through its subsidiaries operates through the below segments: Yarn, Towel, Bedsheets, and Paper & Chemicals. The firm generates a majority of its revenue from the Yarn segment. The group offers products such as solid bath sets, beach towels, embroidered towels, bath mats, bathrobes, duvet covers, cushion covers, blended yarn, drawing paper under Trident Spectra, Trident My Choice, Trident Digi Print, Trident Royal Touch, Trident Eco Green, and Trident Natural brands. The geographical segments of the company include India, the USA, and the Rest of the world.
82GF Score

Get the complete analysis for NSE:TRIDENT

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

₹24.71
Price
₹32.65
GF Value