V-Guard Industries (NSE:VGUARD) Cyclically Adjusted PS Ratio: 3.04 (As of Aug. 06, 2026) — 20% Below Median

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NSE:VGUARD V-Guard Industries Ltd NSE:VGUARD
88 GF Score
Price ₹310.25
GF Value ₹430.46
Valuation Modestly Undervalued
! 1 Warning Sign
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What is V-Guard Industries Cyclically Adjusted PS Ratio?

V-Guard Industries NSE:VGUARD -0.99% 88 Cyclically Adjusted PS Ratio is 3.04 as of Aug. 06, 2026, which is 20% below its 10-year median of 3.79. GuruFocus rates NSE:VGUARD with a GF Score™ of 88/100 and a GF Value™ of ₹430.46 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,296 Industrial Products companies, V-Guard Industries ranks worse than 69.43% on this metric.

As of today (2026-08-06), V-Guard Industries's current share price is ₹310.25. V-Guard Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹101.92. V-Guard Industries's Cyclically Adjusted PS Ratio for today is 3.04.

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

NSE:VGUARD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.83   Med: 3.79   Max: 6.31
Current: 3.08

During the past years, V-Guard Industries's highest Cyclically Adjusted PS Ratio was 6.31. The lowest was 2.83. And the median was 3.79.

NSE:VGUARD's Cyclically Adjusted PS Ratio is ranked worse than
69.43% of 2296 companies
in the Industrial Products industry
Industry Median: 1.71 vs NSE:VGUARD: 3.08

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.

V-Guard Industries's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹41.148. 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 ₹101.92 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


V-Guard Industries  (NSE:VGUARD) 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.


V-Guard Industries Cyclically Adjusted PS Ratio Related Terms


V-Guard Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for V-Guard 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.

V-Guard Industries Cyclically Adjusted PS Ratio Chart

V-Guard Industries 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 3.35 3.47 4.14 4.05 3.18

V-Guard Industries 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 4.25 4.00 3.40 3.18 2.94

NSE:VGUARD vs VRT, BE: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, V-Guard 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.


V-Guard Industries Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, V-Guard Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where V-Guard Industries's Cyclically Adjusted PS Ratio falls into.


NSE:VGUARD
88GF Score
V-Guard Industries Ltd NSE:VGUARD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

V-Guard 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.

V-Guard Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=310.25/101.92
=3.04

* 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.

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

For example, V-Guard Industries'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)
=41.148/166.1454*166.1454
=41.148

Current CPI (Jun. 2026) = 166.1454.

V-Guard Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 11.202 105.961 17.565
201612 10.289 105.196 16.250
201703 14.443 105.196 22.811
201706 12.996 107.109 20.159
201709 12.885 109.021 19.636
201712 12.004 109.404 18.230
201803 15.333 109.786 23.204
201806 14.888 111.317 22.221
201809 14.002 115.142 20.204
201812 13.844 115.142 19.976
201903 16.357 118.202 22.991
201906 16.325 120.880 22.438
201909 14.436 123.175 19.472
201912 14.559 126.235 19.162
202003 12.073 124.705 16.085
202006 9.733 127.000 12.733
202009 14.456 130.118 18.459
202012 19.290 130.889 24.486
202103 19.258 131.771 24.282
202106 13.079 134.084 16.206
202109 20.951 135.847 25.624
202112 22.204 138.161 26.701
202203 24.463 138.822 29.278
202206 23.437 142.347 27.355
202209 22.596 144.661 25.952
202212 22.506 145.763 25.653
202303 25.510 146.865 28.859
202306 27.806 150.280 30.742
202309 25.771 151.492 28.264
202312 26.613 152.924 28.914
202403 29.810 153.035 32.364
202406 33.581 155.789 35.813
202409 29.380 157.882 30.918
202412 28.862 158.323 30.288
202503 34.937 157.552 36.843
202506 33.352 159.755 34.686
202509 30.396 162.289 31.118
202512 31.976 163.281 32.537
202603 39.917 164.272 40.372
202606 41.148 166.145 41.148

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 3.04 mean?
V-Guard Industries (NSE:VGUARD) has a Cyclically Adjusted PS Ratio of 3.04 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 V-Guard Industries and its competitors. This is 20% below median its historical median of 3.79. Over the past decade, V-Guard Industries' Cyclically Adjusted PS Ratio has ranged from 2.83 to 6.31. According to the industry distribution chart, V-Guard Industries ranks #1594 out of 2296 companies in the Industrial Products industry, placing it in the top 69.4%.
Is V-Guard Industries' Cyclically Adjusted PS Ratio too high?
V-Guard Industries' current Cyclically Adjusted PS Ratio of 3.04 is 20% below median its 10-year median of 3.79. Over the past 10 years, this metric has ranged from a low of 2.83 to a high of 6.31. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.71. V-Guard Industries' value of 3.04 is 77.8% above this industry median. Based on the distribution chart, V-Guard Industries ranks #1594 out of 2296 companies in the Industrial Products industry, which is below the industry midpoint. Overall, V-Guard Industries has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does V-Guard Industries' Cyclically Adjusted PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, V-Guard Industries ranks #1594 out of 2296 companies for Cyclically Adjusted PS Ratio. This places V-Guard Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.71. V-Guard Industries' value of 3.04 is 77.8% above this benchmark. Historically, V-Guard Industries' own Cyclically Adjusted PS Ratio has ranged from 2.83 to 6.31 over the past decade. While the company's 10-year median is 3.79 vs. the industry median of 1.71, V-Guard 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.71, based on 2,296 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. V-Guard Industries's current Cyclically Adjusted PS Ratio of 3.04 is 77.8% 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 V-Guard Industries and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V-Guard Industries's current Cyclically Adjusted PS Ratio is 3.04, which is 20% below median its own 10-year median of 3.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V-Guard Industries stock overvalued right now?
Based on GuruFocus' analysis, V-Guard Industries (NSE:VGUARD) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹430.46, compared to a current price of ₹310.25 — trading 27.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.04, which is 20% below median its 10-year median of 3.79 and 77.8% above the Industrial Products industry median of 1.71. V-Guard Industries' overall GF Score™ is 88/100 with 1 warning sign 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 V-Guard Industries (NSE:VGUARD), the current Cyclically Adjusted PS Ratio is 3.04 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 V-Guard Industries (NSE:VGUARD) Overvalued in 2026?

Based on GuruFocus' analysis, V-Guard Industries stock appears to be undervalued. The current stock price of ₹310.25 is trading 27.9% below its estimated GF Value™ of ₹430.46. GuruFocus considers V-Guard Industries to be Modestly Undervalued.

Key valuation signals for NSE:VGUARD:

  • Cyclically Adjusted PS Ratio: 3.04 (20% below median its 10-year median of 3.79)
  • GF Value™: ₹430.46 vs. price of ₹310.25 (27.9% below fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 77.8% above the Industrial Products median (#1594 of 2296)

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


V-Guard Industries Business Description

Other Exchanges 532953:India
Address 42/962, Vennala High School Road, Vennala, Ernakulam, KL, IND, 682028
V-Guard Industries Ltd is an India-based consumer electrical and electronics company. It is involved in the manufacturing, trading, and selling of consumer electrical products. Its business segments are Electricals segment which includes PVC Insulated Cables, Switch Gears, Pumps and Modular Switches. The Electronics segment includes Stabilizers, Digital UPS and Solar Inverters. The Consumer segment Durables includes Fans, Water Heaters, Kitchen Appliances, Air Coolers, and Sunflame segment includes products sold under trademark Sunflame and Superflame. The group derives a majority of the revenue from the Electricals segment. Geographically, the company has operations in India.
88GF Score

Get the complete analysis for NSE:VGUARD

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

₹310.25
Price
₹430.46
GF Value