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.
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.
ASI IndustriesBOM:502015 -1.76%64 Cyclically Adjusted PS Ratio is 0.82 as of Aug. 10, 2026, which is 32% above its 10-year median of 0.62. GuruFocus rates BOM:502015 with a GF Score™ of 64/100 and a GF Value™ of ₹32.31 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 574 Metals & Mining companies, ASI Industries ranks better than 73% on this metric.
The historical rank and industry rank for ASI Industries's Cyclically Adjusted PS Ratio or its related term are showing as below:
BOM:502015'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3 Med: 0.62 Max: 1.63
Current: 0.82
During the past years, ASI Industries's highest Cyclically Adjusted PS Ratio was 1.63. The lowest was 0.30. And the median was 0.62.
BOM:502015's Cyclically Adjusted PS Ratio is ranked better than 73% of 574
companies
in the Metals & Mining industry
Industry Median: 2.4
vs BOM:502015: 0.82
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.
ASI Industries's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹4.414. 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 ₹31.29 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
ASI Industries (BOM:502015) 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.
ASI Industries Cyclically Adjusted PS Ratio Related Terms
ASI Industries Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for ASI Industries'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.
ASI Industries Cyclically Adjusted PS Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, ASI Industries'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.
ASI Industries Cyclically Adjusted PS Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, ASI Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where ASI Industries's Cyclically Adjusted PS Ratio falls into.
ASI Industries 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.
ASI Industries's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 0.82 mean?
ASI Industries (BOM:502015) has a Cyclically Adjusted PS Ratio of 0.82 as of Aug. 10, 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 ASI Industries and its competitors. This is 32% above median its historical median of 0.62. Over the past decade, ASI Industries' Cyclically Adjusted PS Ratio has ranged from 0.30 to 1.63. According to the industry distribution chart, ASI Industries ranks #155 out of 574 companies in the Metals & Mining industry, placing it in the top 27%.
Is ASI Industries' Cyclically Adjusted PS Ratio too high?
ASI Industries' current Cyclically Adjusted PS Ratio of 0.82 is 32% above median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.63. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.40. ASI Industries' value of 0.82 is 65.8% below this industry median. Based on the distribution chart, ASI Industries ranks #155 out of 574 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, ASI Industries has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASI Industries' Cyclically Adjusted PS Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, ASI Industries ranks #155 out of 574 companies for Cyclically Adjusted PS Ratio. This puts ASI Industries in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.40. ASI Industries' value of 0.82 is 65.8% below this benchmark. Historically, ASI Industries' own Cyclically Adjusted PS Ratio has ranged from 0.30 to 1.63 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 2.40, ASI Industries 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 Metals & Mining company?
The median Cyclically Adjusted PS Ratio among Metals & Mining companies is 2.40, based on 574 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. ASI Industries's current Cyclically Adjusted PS Ratio of 0.82 is 65.8% 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 ASI Industries and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASI Industries's current Cyclically Adjusted PS Ratio is 0.82, which is 32% above median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASI Industries stock overvalued right now?
Based on GuruFocus' analysis, ASI Industries (BOM:502015) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹32.31, compared to a current price of ₹25.66 — trading 20.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.82, which is 32% above median its 10-year median of 0.62 and 65.8% below the Metals & Mining industry median of 2.40. ASI Industries' overall GF Score™ is 64/100 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 ASI Industries (BOM:502015), the current Cyclically Adjusted PS Ratio is 0.82 as of Aug. 10, 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 ASI Industries (BOM:502015) Overvalued in 2026?
Based on GuruFocus' analysis, ASI Industries stock appears to be undervalued.
The current stock price of ₹25.66 is trading 20.6% below its estimated GF Value™ of ₹32.31.
GuruFocus considers ASI Industries to be Modestly Undervalued.
Key valuation signals for BOM:502015:
Cyclically Adjusted PS Ratio: 0.82 (32% above median its 10-year median of 0.62)
GF Value™: ₹32.31 vs. price of ₹25.66 (20.6% below fair value)
Industry Position: 65.8% below the Metals & Mining median (#155 of 574)
No single metric tells the full story. See the BOM:502015 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASI Industries Ltd is an industrial metal and mining company. The Company is engaged in the mining and processing of natural stones. The company's product offerings are Kota Stone, Sandstone, and others. It generates a majority of revenue from the Stone segment. Geographically, it derives maximum revenue from India.
64GF Score
Get the complete analysis for BOM:502015
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:502015 has been successfully added to your 
