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Bharat Forge (BOM:500493) Cyclically Adjusted PS Ratio : 4.65 (As of May. 31, 2025)


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What is Bharat Forge Cyclically Adjusted PS Ratio?

As of today (2025-05-31), Bharat Forge's current share price is ₹1241.35. Bharat Forge's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ₹267.13. Bharat Forge's Cyclically Adjusted PS Ratio for today is 4.65.

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

BOM:500493' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.75   Med: 4.58   Max: 5.64
Current: 4.66

During the past years, Bharat Forge's highest Cyclically Adjusted PS Ratio was 5.64. The lowest was 3.75. And the median was 4.58.

BOM:500493's Cyclically Adjusted PS Ratio is ranked worse than
89.64% of 956 companies
in the Vehicles & Parts industry
Industry Median: 0.74 vs BOM:500493: 4.66

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 Forge's adjusted revenue per share data for the three months ended in Mar. 2025 was ₹80.576. 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 ₹267.13 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bharat Forge Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bharat Forge'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 Forge Cyclically Adjusted PS Ratio Chart

Bharat Forge 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 - - - - 4.37

Bharat Forge 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 - - 5.74 4.88 4.37

Competitive Comparison of Bharat Forge's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Bharat Forge'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 Forge's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bharat Forge's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1241.35/267.13
=4.65

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

For example, Bharat Forge'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)
=80.576/157.5517*157.5517
=80.576

Current CPI (Mar. 2025) = 157.5517.

Bharat Forge 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 51.965 111.317 73.549
201809 55.817 115.142 76.376
201812 52.949 115.142 72.452
201903 45.850 118.202 61.114
201906 50.039 120.880 65.220
201909 46.210 123.175 59.107
201912 39.428 126.235 49.209
202003 28.988 124.705 36.623
202006 24.770 127.000 30.729
202009 29.556 130.118 35.788
202012 36.981 130.889 44.514
202103 39.297 131.771 46.986
202106 45.268 134.084 53.191
202109 51.337 135.847 59.539
202112 51.454 138.161 58.676
202203 64.662 138.822 73.386
202206 61.208 142.347 67.746
202209 65.991 144.661 71.871
202212 72.351 145.763 78.203
202303 64.555 146.865 69.253
202306 83.306 150.280 87.337
202309 81.056 151.492 84.298
202312 83.015 152.924 85.527
202403 89.477 153.035 92.118
202406 102.551 155.789 103.711
202409 79.195 157.882 79.029
202412 74.162 158.323 73.801
202503 80.576 157.552 80.576

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 Forge  (BOM:500493) 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 Forge Cyclically Adjusted PS Ratio Related Terms

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


Bharat Forge Business Description

Traded in Other Exchanges
Address
Mundhwa, Pune Cantonment, Pune, MH, IND, 411036
Bharat Forge Ltd is an Indian multinational engaged in metal forging across different industries. The company has the following business units: automotive, power, oil and gas, construction and mining, rail, marine and aerospace. The automotive unit offers products including powertrain components, machines crankshafts, connecting rods, and piston. The Power business unit manufactures components for thermal, wind, hydro and nuclear applications. The Company divides its business into three reporting segments: "Forgings", "Defense", and "Others". The Forgings segment focuses on manufacturing forged components, while the Defense segment centers around defense-related activities. The "Others" segment encompasses all other businesses not covered by Forgings and Defense.

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