Bihar Sponge Iron (BOM:500058) Cyclically Adjusted PS Ratio: 0.42 (As of Aug. 08, 2026) — 28% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:500058 Bihar Sponge Iron Ltd BOM:500058
57 GF Score
Price ₹12.40
GF Value ₹10.25
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Bihar Sponge Iron Cyclically Adjusted PS Ratio?

Bihar Sponge Iron BOM:500058 +0.65% 57 Cyclically Adjusted PS Ratio is 0.42 as of Aug. 08, 2026, which is 28% below its 10-year median of 0.58. GuruFocus rates BOM:500058 with a GF Score™ of 57/100 and a GF Value™ of ₹10.25 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 514 Steel companies, Bihar Sponge Iron ranks better than 52.72% on this metric.

As of today (2026-08-08), Bihar Sponge Iron's current share price is ₹12.40. Bihar Sponge Iron's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹29.56. Bihar Sponge Iron's Cyclically Adjusted PS Ratio for today is 0.42.

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

BOM:500058' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.58   Max: 1.33
Current: 0.41

During the past years, Bihar Sponge Iron's highest Cyclically Adjusted PS Ratio was 1.33. The lowest was 0.08. And the median was 0.58.

BOM:500058's Cyclically Adjusted PS Ratio is ranked better than
52.72% of 514 companies
in the Steel industry
Industry Median: 0.45 vs BOM:500058: 0.41

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.

Bihar Sponge Iron's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹1.896. 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 ₹29.56 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bihar Sponge Iron  (BOM:500058) 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.


Bihar Sponge Iron Cyclically Adjusted PS Ratio Related Terms


Bihar Sponge Iron Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bihar Sponge Iron'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.

Bihar Sponge Iron Cyclically Adjusted PS Ratio Chart

Bihar Sponge Iron 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 1.06 0.46 0.59 0.50 0.38

Bihar Sponge Iron 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 0.50 0.58 0.47 0.40 0.38

BOM:500058 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Bihar Sponge Iron'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.


Bihar Sponge Iron Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Bihar Sponge Iron's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:500058
57GF Score
Bihar Sponge Iron Ltd BOM:500058
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bihar Sponge Iron 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.

Bihar Sponge Iron's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.40/29.56
=0.42

* 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.

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

For example, Bihar Sponge Iron'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)
=1.896/164.2724*164.2724
=1.896

Current CPI (Mar. 2026) = 164.2724.

Bihar Sponge Iron Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 0.000 105.196 0.000
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 0.000 109.786 0.000
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 0.000 118.202 0.000
201906 0.000 120.880 0.000
201909 0.000 123.175 0.000
201912 0.000 126.235 0.000
202003 0.000 124.705 0.000
202006 0.000 127.000 0.000
202009 0.504 130.118 0.636
202012 1.112 130.889 1.396
202103 0.917 131.771 1.143
202106 1.402 134.084 1.718
202109 0.775 135.847 0.937
202112 0.705 138.161 0.838
202203 6.672 138.822 7.895
202206 12.691 142.347 14.646
202209 14.604 144.661 16.584
202212 11.909 145.763 13.421
202303 12.419 146.865 13.891
202306 5.667 150.280 6.195
202309 8.410 151.492 9.119
202312 8.103 152.924 8.704
202403 8.003 153.035 8.591
202406 11.548 155.789 12.177
202409 6.991 157.882 7.274
202412 5.924 158.323 6.147
202503 10.853 157.552 11.316
202506 8.420 159.755 8.658
202509 6.931 162.289 7.016
202512 9.703 163.281 9.762
202603 1.896 164.272 1.896

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 0.42 mean?
Bihar Sponge Iron (BOM:500058) has a Cyclically Adjusted PS Ratio of 0.42 as of Aug. 08, 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 Bihar Sponge Iron and its competitors. This is 28% below median its historical median of 0.58. Over the past decade, Bihar Sponge Iron's Cyclically Adjusted PS Ratio has ranged from 0.08 to 1.33. According to the industry distribution chart, Bihar Sponge Iron ranks #243 out of 514 companies in the Steel industry, placing it in the top 47.3%.
Is Bihar Sponge Iron's Cyclically Adjusted PS Ratio too high?
Bihar Sponge Iron's current Cyclically Adjusted PS Ratio of 0.42 is 28% below median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 1.33. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Bihar Sponge Iron's value of 0.42 is 6.7% below this industry median. Based on the distribution chart, Bihar Sponge Iron ranks #243 out of 514 companies in the Steel industry, which is above the industry midpoint. Overall, Bihar Sponge Iron has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bihar Sponge Iron's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Bihar Sponge Iron ranks #243 out of 514 companies for Cyclically Adjusted PS Ratio. This puts Bihar Sponge Iron in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Bihar Sponge Iron's value of 0.42 is 6.7% below this benchmark. Historically, Bihar Sponge Iron's own Cyclically Adjusted PS Ratio has ranged from 0.08 to 1.33 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.45, Bihar Sponge Iron 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 514 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. Bihar Sponge Iron's current Cyclically Adjusted PS Ratio of 0.42 is 6.7% 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 Bihar Sponge Iron and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bihar Sponge Iron's current Cyclically Adjusted PS Ratio is 0.42, which is 28% below median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bihar Sponge Iron stock overvalued right now?
Based on GuruFocus' analysis, Bihar Sponge Iron (BOM:500058) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹10.25, compared to a current price of ₹12.40 — trading 21% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.42, which is 28% below median its 10-year median of 0.58 and 6.7% below the Steel industry median of 0.45. Bihar Sponge Iron's overall GF Score™ is 57/100 with 5 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 Bihar Sponge Iron (BOM:500058), the current Cyclically Adjusted PS Ratio is 0.42 as of Aug. 08, 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 Bihar Sponge Iron (BOM:500058) Overvalued in 2026?

Based on GuruFocus' analysis, Bihar Sponge Iron stock appears to be overvalued. The current stock price of ₹12.40 is trading 21% above its estimated GF Value™ of ₹10.25. GuruFocus considers Bihar Sponge Iron to be Modestly Overvalued.

Key valuation signals for BOM:500058:

  • Cyclically Adjusted PS Ratio: 0.42 (28% below median its 10-year median of 0.58)
  • GF Value™: ₹10.25 vs. price of ₹12.40 (21% above fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 6.7% below the Steel median (#243 of 514)

No single metric tells the full story. See the BOM:500058 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bihar Sponge Iron Business Description

Address Umesh Nagar, Chandil, District Saraikela, Kharsawan, JH, IND, 832401
Bihar Sponge Iron Ltd is India's first merchant sponge iron plant located in Jharkhand. It produces Direct Reduced Iron, commonly known as sponge iron, using indigenous iron ore and non-coking coal. Its plant uses coal-based rotary kiln technology for sponge iron production, with additional facilities such as crushing, sizing, and magnetic separation for raw materials. The plant is strategically located with excellent connectivity to many cities and transportation infrastructure. Bihar Sponge Iron also operates captive power plants to meet its energy needs efficiently. The company's sponge iron serves as a substitute for scrap in steelmaking electric arc and induction furnaces.
57GF Score

Get the complete analysis for BOM:500058

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

₹12.40
Price
₹10.25
GF Value