Vipul (NSE:VIPULLTD) Cyclically Adjusted PS Ratio: 0.92 (As of Jul. 07, 2026) — 31% Above Median


NSE:VIPULLTD Vipul Ltd NSE:VIPULLTD
56 GF Score
Price ₹15.42
GF Value ₹6.94
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Vipul Cyclically Adjusted PS Ratio?

Vipul NSE:VIPULLTD +4.90% 56 Cyclically Adjusted PS Ratio is 0.92 as of Jul. 07, 2026, which is 31% above its 10-year median of 0.70. GuruFocus rates NSE:VIPULLTD with a GF Score™ of 56/100 and a GF Value™ of ₹6.94 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,359 Real Estate companies, Vipul ranks better than 67.62% on this metric.

As of today (2026-07-07), Vipul's current share price is ₹15.42. Vipul's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was ₹16.72. Vipul's Cyclically Adjusted PS Ratio for today is 0.92.

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

NSE:VIPULLTD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.7   Max: 2.27
Current: 0.92

During the past years, Vipul's highest Cyclically Adjusted PS Ratio was 2.27. The lowest was 0.43. And the median was 0.70.

NSE:VIPULLTD's Cyclically Adjusted PS Ratio is ranked better than
67.62% of 1359 companies
in the Real Estate industry
Industry Median: 1.84 vs NSE:VIPULLTD: 0.92

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.

Vipul's adjusted revenue per share data for the three months ended in Dec. 2025 was ₹0.686. 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 ₹16.72 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vipul  (NSE:VIPULLTD) 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.


Vipul Cyclically Adjusted PS Ratio Related Terms


Vipul Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Vipul'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.

Vipul Cyclically Adjusted PS Ratio Chart

Vipul 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 0.00 0.00 1.21 0.49

Vipul 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 1.11 0.49 0.59 0.52 0.75

Vipul Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, Vipul'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.


Vipul Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Vipul's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:VIPULLTD
56GF Score
Vipul Ltd NSE:VIPULLTD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vipul 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.42/16.72
=0.92

* 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.

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

For example, Vipul'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)
=0.686/163.2808*163.2808
=0.686

Current CPI (Dec. 2025) = 163.2808.

Vipul Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 6.176 83.774 12.037
201303 9.043 85.687 17.232
201306 4.545 88.365 8.398
201403 0.000 91.425 0.000
201406 6.852 94.103 11.889
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 4.570 111.317 6.703
201809 4.570 115.142 6.481
201812 5.576 115.142 7.907
201903 4.086 118.202 5.644
201906 4.520 120.880 6.105
201909 5.999 123.175 7.952
201912 2.248 126.235 2.908
202003 1.813 124.705 2.374
202006 0.180 127.000 0.231
202009 1.350 130.118 1.694
202012 0.169 130.889 0.211
202103 1.401 131.771 1.736
202106 1.478 134.084 1.800
202109 1.413 135.847 1.698
202112 6.456 138.161 7.630
202203 2.210 138.822 2.599
202206 1.146 142.347 1.315
202209 3.908 144.661 4.411
202212 0.523 145.763 0.586
202303 0.677 146.865 0.753
202306 0.510 150.280 0.554
202309 0.621 151.492 0.669
202312 13.108 152.924 13.996
202403 2.966 153.035 3.165
202406 1.315 155.789 1.378
202409 1.373 157.882 1.420
202412 0.935 158.323 0.964
202503 2.284 157.552 2.367
202506 0.119 159.755 0.122
202509 0.560 162.289 0.563
202512 0.686 163.281 0.686

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 0.92 mean?
Vipul (NSE:VIPULLTD) has a Cyclically Adjusted PS Ratio of 0.92 as of Jul. 07, 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 Vipul and its competitors. This is 31% above median its historical median of 0.70. Over the past decade, Vipul's Cyclically Adjusted PS Ratio has ranged from 0.43 to 2.27. According to the industry distribution chart, Vipul ranks #440 out of 1359 companies in the Real Estate industry, placing it in the top 32.4%.
Is Vipul's Cyclically Adjusted PS Ratio too high?
Vipul's current Cyclically Adjusted PS Ratio of 0.92 is 31% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 2.27. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.84. Vipul's value of 0.92 is 50% below this industry median. Based on the distribution chart, Vipul ranks #440 out of 1359 companies in the Real Estate industry, which is above the industry midpoint. Overall, Vipul has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vipul's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Vipul ranks #440 out of 1359 companies for Cyclically Adjusted PS Ratio. This puts Vipul in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.84. Vipul's value of 0.92 is 50% below this benchmark. Historically, Vipul's own Cyclically Adjusted PS Ratio has ranged from 0.43 to 2.27 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 1.84, Vipul 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.84, based on 1,359 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. Vipul's current Cyclically Adjusted PS Ratio of 0.92 is 50% 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 Vipul and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vipul's current Cyclically Adjusted PS Ratio is 0.92, which is 31% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vipul stock overvalued right now?
Based on GuruFocus' analysis, Vipul (NSE:VIPULLTD) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹6.94, compared to a current price of ₹15.42 — trading 122.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.92, which is 31% above median its 10-year median of 0.70 and 50% below the Real Estate industry median of 1.84. Vipul's overall GF Score™ is 56/100 with 8 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 Vipul (NSE:VIPULLTD), the current Cyclically Adjusted PS Ratio is 0.92 as of Jul. 07, 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 Vipul (NSE:VIPULLTD) Overvalued in 2026?

Based on GuruFocus' analysis, Vipul stock appears to be overvalued. The current stock price of ₹15.42 is trading 122.2% above its estimated GF Value™ of ₹6.94. GuruFocus considers Vipul to be Significantly Overvalued.

Key valuation signals for NSE:VIPULLTD:

  • Cyclically Adjusted PS Ratio: 0.92 (31% above median its 10-year median of 0.70)
  • GF Value™: ₹6.94 vs. price of ₹15.42 (122.2% above fair value)
  • GF Score™: 56/100 with 8 warning signs
  • Industry Position: 50% below the Real Estate median (#440 of 1359)

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


Vipul Business Description

Other Exchanges 511726:India
Address Golf Course Road, Sector-43, Vipul TechSquare, Gurgaon, HR, IND, 122009
Vipul Ltd is an India-based company engaged in the business of Real Estate. Its projects include a range of residential, commercial, retail, integrated townships, and lifestyle gated communities, built in partnership with contractors and consultants. The company's project includes Gurgaon: Tatvam Villas, Vipul Plots, Vipul Garden, Vipul Greens, Vipul Plaza, Vipul Square, Vipul Belmonte, Vipul Floors, Vipul Agora, Ardee City, Vipul Agora, Vipul Trade Center, Vipul Business Park, Vipul Plaza, Faridabad, Vipul Plaza, Bhubaneswar.
56GF Score

Get the complete analysis for NSE:VIPULLTD

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

₹15.42
Price
₹6.94
GF Value