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Bharat Electronics (BOM:500049) Cyclically Adjusted PS Ratio : 15.21 (As of Jun. 04, 2025)


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What is Bharat Electronics Cyclically Adjusted PS Ratio?

As of today (2025-06-04), Bharat Electronics's current share price is ₹385.90. Bharat Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ₹25.37. Bharat Electronics's Cyclically Adjusted PS Ratio for today is 15.21.

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

BOM:500049' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 10.01   Med: 11.95   Max: 15.15
Current: 15.15

During the past years, Bharat Electronics's highest Cyclically Adjusted PS Ratio was 15.15. The lowest was 10.01. And the median was 11.95.

BOM:500049's Cyclically Adjusted PS Ratio is ranked worse than
91.83% of 208 companies
in the Aerospace & Defense industry
Industry Median: 2.12 vs BOM:500049: 15.15

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.

Bharat Electronics's adjusted revenue per share data for the three months ended in Mar. 2025 was ₹12.518. 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 ₹25.37 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bharat Electronics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bharat Electronics'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.

* Premium members only.

Bharat Electronics Cyclically Adjusted PS Ratio Chart

Bharat Electronics 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 - - - - 11.87

Bharat Electronics Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - 12.80 11.76 11.92 11.87

Competitive Comparison of Bharat Electronics's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Bharat Electronics'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.


Bharat Electronics's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Bharat Electronics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Bharat Electronics 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.

Bharat Electronics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=385.90/25.37
=15.21

* 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.

Bharat Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Bharat Electronics's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=12.518/157.5517*157.5517
=12.518

Current CPI (Mar. 2025) = 157.5517.

Bharat Electronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200703 0.000 48.581 0.000
200803 0.000 52.407 0.000
200903 0.000 56.615 0.000
201003 0.000 65.030 0.000
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
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 2.867 111.317 4.058
201809 4.507 115.142 6.167
201812 3.667 115.142 5.018
201903 5.167 118.202 6.887
201906 2.807 120.880 3.659
201909 3.644 123.175 4.661
201912 2.973 126.235 3.711
202003 7.832 124.705 9.895
202006 2.238 127.000 2.776
202009 4.341 130.118 5.256
202012 3.102 130.889 3.734
202103 9.257 131.771 11.068
202106 2.156 134.084 2.533
202109 4.950 135.847 5.741
202112 5.038 138.161 5.745
202203 8.540 138.822 9.692
202206 4.222 142.347 4.673
202209 5.387 144.661 5.867
202212 5.504 145.763 5.949
202303 8.705 146.865 9.338
202306 4.855 150.280 5.090
202309 5.485 151.492 5.704
202312 5.665 152.924 5.836
202403 11.737 153.035 12.083
202406 5.794 155.789 5.860
202409 6.323 157.882 6.310
202412 7.879 158.323 7.841
202503 12.518 157.552 12.518

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.


Bharat Electronics  (BOM:500049) 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.


Bharat Electronics Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Bharat Electronics's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Bharat Electronics Business Description

Traded in Other Exchanges
Address
Outer Ring Road, Nagavara, Bengaluru, KA, IND, 560045
Bharat Electronics Ltd is an aerospace and defense company owned by the Indian government. It manufactures a wide range of specialized electronics and equipment for defense and civilian use. Its investments are made in research and development to meet the ever-changing needs of customers and to test products in its pipeline. Its product portfolio includes unmanned systems, land-based radars, batteries, weapon systems, fuzes, simulators, and jammers among others. It also provides cybersecurity and software products. A majority of the company's revenue is derived from the defense sector. Geographically, the company's key revenue is derived from India and it also has international customers from countries like the United Kingdom, Israel, and others.

Bharat Electronics Headlines

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