CIEL (XMAU:CIEL) Cyclically Adjusted PS Ratio: 0.02 (As of Aug. 22, 2026) — Near Median

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XMAU:CIEL CIEL Ltd XMAU:CIEL
48 GF Score
Price MUR7.80
GF Value MUR8.67
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is CIEL Cyclically Adjusted PS Ratio?

CIEL XMAU:CIEL 48 Cyclically Adjusted PS Ratio is 0.02 as of Aug. 22, 2026, which is at its 10-year median of 0.02. GuruFocus rates XMAU:CIEL with a GF Score™ of 48/100 and a GF Value™ of MUR8.67 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 460 Conglomerates companies, CIEL ranks better than 99.13% on this metric.

As of today (2026-08-22), CIEL's current share price is MUR7.80. CIEL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MUR467.67. CIEL's Cyclically Adjusted PS Ratio for today is 0.02.

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

XMAU:CIEL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.02
Current: 0.02

During the past years, CIEL's highest Cyclically Adjusted PS Ratio was 0.02. The lowest was 0.01. And the median was 0.02.

XMAU:CIEL's Cyclically Adjusted PS Ratio is ranked better than
99.13% of 460 companies
in the Conglomerates industry
Industry Median: 0.78 vs XMAU:CIEL: 0.02

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.

CIEL's adjusted revenue per share data for the three months ended in Mar. 2026 was MUR5.444. 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 MUR467.67 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CIEL  (XMAU:CIEL) 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.


CIEL Cyclically Adjusted PS Ratio Related Terms


CIEL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CIEL'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.

CIEL Cyclically Adjusted PS Ratio Chart

CIEL Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.01 0.01 0.02

CIEL 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 0.02 0.02 0.02 0.02 0.02

XMAU:CIEL vs MMM, HON: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, CIEL'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.


CIEL Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, CIEL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XMAU:CIEL
48GF Score
CIEL Ltd XMAU:CIEL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CIEL 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.80/467.67
=0.02

* 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.

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

For example, CIEL'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)
=5.444/330.2130*330.2130
=5.444

Current CPI (Mar. 2026) = 330.2130.

CIEL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 241.018 0.000
201609 3.203 241.428 4.381
201612 3.382 241.432 4.626
201703 3.465 243.801 4.693
201706 3.492 244.955 4.707
201709 0.000 246.819 0.000
201712 3.712 246.524 4.972
201803 3.371 249.554 4.461
201806 3.420 251.989 4.482
201809 3.704 252.439 4.845
201812 4.014 251.233 5.276
201903 3.568 254.202 4.635
201906 3.443 256.143 4.439
201909 3.743 256.759 4.814
201912 3.984 256.974 5.119
202003 3.455 258.115 4.420
202006 1.463 257.797 1.874
202009 2.745 260.280 3.483
202012 2.678 260.474 3.395
202103 2.572 264.877 3.206
202106 2.597 271.696 3.156
202109 3,538.608 274.310 4,259.759
202112 4.298 278.802 5.091
202203 4.444 287.504 5.104
202206 4.923 296.311 5.486
202209 5.313 296.808 5.911
202212 5.436 296.797 6.048
202303 5.152 301.836 5.636
202306 5.081 305.109 5.499
202309 5.206 307.789 5.585
202312 5.339 306.746 5.747
202403 4.895 312.332 5.175
202406 5.380 314.175 5.655
202409 5.192 315.301 5.438
202412 5.954 315.605 6.230
202503 5.368 319.799 5.543
202506 5.933 322.561 6.074
202509 5.471 324.800 5.562
202512 6.741 324.054 6.869
202603 5.444 330.213 5.444

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 0.02 mean?
CIEL (XMAU:CIEL) has a Cyclically Adjusted PS Ratio of 0.02 as of Aug. 22, 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 CIEL and its competitors. This is near median its historical median of 0.02. Over the past decade, CIEL's Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.02. According to the industry distribution chart, CIEL ranks #4 out of 460 companies in the Conglomerates industry, placing it in the top 0.90000000000001%.
Is CIEL's Cyclically Adjusted PS Ratio too high?
CIEL's current Cyclically Adjusted PS Ratio of 0.02 is near median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.02. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.78. CIEL's value of 0.02 is 97.4% below this industry median. Based on the distribution chart, CIEL ranks #4 out of 460 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, CIEL has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CIEL's Cyclically Adjusted PS Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, CIEL ranks #4 out of 460 companies for Cyclically Adjusted PS Ratio. This places CIEL in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.78. CIEL's value of 0.02 is 97.4% below this benchmark. Historically, CIEL's own Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.02 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 0.78, CIEL 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 Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.78, based on 460 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. CIEL's current Cyclically Adjusted PS Ratio of 0.02 is 97.4% 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 CIEL and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CIEL's current Cyclically Adjusted PS Ratio is 0.02, which is near median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIEL stock overvalued right now?
Based on GuruFocus' analysis, CIEL (XMAU:CIEL) is currently considered Modestly Undervalued. The stock's GF Value™ is MUR8.67, compared to a current price of MUR7.80 — trading 10% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.02, which is near median its 10-year median of 0.02 and 97.4% below the Conglomerates industry median of 0.78. CIEL's overall GF Score™ is 48/100 with 2 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 CIEL (XMAU:CIEL), the current Cyclically Adjusted PS Ratio is 0.02 as of Aug. 22, 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 CIEL (XMAU:CIEL) Overvalued in 2026?

Based on GuruFocus' analysis, CIEL stock appears to be undervalued. The current stock price of MUR7.80 is trading 10% below its estimated GF Value™ of MUR8.67. GuruFocus considers CIEL to be Modestly Undervalued.

Key valuation signals for XMAU:CIEL:

  • Cyclically Adjusted PS Ratio: 0.02 (near median its 10-year median of 0.02)
  • GF Value™: MUR8.67 vs. price of MUR7.80 (10% below fair value)
  • GF Score™: 48/100 with 2 warning signs
  • Industry Position: 97.4% below the Conglomerates median (#4 of 460)

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


CIEL Business Description

Address Rue de l’Institut, 5th Floor, Ebene Skies, Ebene, MUS
CIEL Ltd is an investment holding company. Its reportable segments are: i) Textile derives income mainly from the sale of knitwear, woven and fine knits products, ii) Agro earns income mainly from sugar production, iii) Property derives income mainly land and property development, iii) Hotels & Resorts derives income through the ownership and management of portfolio of hotels, iv) Financial services derive income mainly from banking, fiduciary products and portfolio management, v) Healthcare derives income through the running of healthcare facilities, and vi) CIEL - Holding Company derives income through dividend return from its investments. The majority of revenue is derived from the Textile segment from Mauritius, followed by Madagascar, Asia, South Africa, and others.
48GF Score

Get the complete analysis for XMAU:CIEL

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

MUR7.80
Price
MUR8.67
GF Value