Welcast Steels (BOM:504988) Cyclically Adjusted PS Ratio: (As of Sep. 04, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.
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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:504988 Welcast Steels Ltd BOM:504988
45 GF Score
Price ₹629.00
GF Value ₹317.74
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Welcast Steels Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Welcast Steels  (BOM:504988) 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.


Welcast Steels Cyclically Adjusted PS Ratio Related Terms


Welcast Steels Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Welcast Steels'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.

Welcast Steels Cyclically Adjusted PS Ratio Chart

Welcast Steels 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 0.10 0.17 0.48 0.39 0.00

Welcast Steels Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.40 0.36 0.29 0.00 0.00

BOM:504988 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Welcast Steels'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.


Welcast Steels Cyclically Adjusted PS Ratio vs Steel Industry

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

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


BOM:504988
45GF Score
Welcast Steels Ltd BOM:504988
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Welcast Steels 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.

Welcast Steels's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Welcast Steels's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Welcast Steels Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 791.654 105.961 1,250.356
201612 804.853 105.196 1,280.448
201703 952.925 105.196 1,516.017
201706 958.158 107.109 1,497.121
201709 784.357 109.021 1,204.056
201712 885.409 109.404 1,354.428
201803 1,034.323 109.786 1,576.712
201806 1,006.723 111.317 1,513.544
201809 1,148.969 115.142 1,670.012
201812 973.755 115.142 1,415.341
201903 1,070.696 118.202 1,515.953
201906 621.284 120.880 860.164
201909 609.610 123.175 828.274
201912 609.638 126.235 808.232
202003 404.717 124.705 543.140
202006 368.303 127.000 485.339
202009 475.223 130.118 611.231
202012 299.492 130.889 382.936
202103 384.861 131.771 488.799
202106 55.224 134.084 68.928
202109 266.533 135.847 328.356
202112 618.714 138.161 749.463
202203 352.697 138.822 425.196
202206 676.440 142.347 795.288
202209 147.719 144.661 170.895
202212 308.486 145.763 354.188
202303 334.889 146.865 381.618
202306 303.480 150.280 337.966
202309 406.168 151.492 448.705
202312 313.679 152.924 343.284
202403 401.321 153.035 438.881
202406 381.956 155.789 410.319
202409 252.733 157.882 267.900
202412 361.705 158.323 382.345
202503 326.631 157.552 346.960
202506 357.125 159.755 374.119
202509 320.788 162.289 330.806
202512 40.219 163.281 41.223
202603 0.000 164.272 0.000
202606 0.000 167.357 0.000

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.

Is Welcast Steels (BOM:504988) Overvalued in 2026?

Based on GuruFocus' analysis, Welcast Steels stock appears to be overvalued. The current stock price of ₹629.00 is trading 98% above its estimated GF Value™ of ₹317.74. GuruFocus considers Welcast Steels to be Significantly Overvalued.

Key valuation signals for BOM:504988:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹317.74 vs. price of ₹629.00 (98% above fair value)
  • GF Score™: 45/100 with 2 warning signs

No single metric tells the full story. See the BOM:504988 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Welcast Steels Business Description

Address Plot No. 15, Phase I, Peenya Industrial Area, Banglore, KA, IND, 560 058
Welcast Steels Ltd is engaged in the manufacturing and marketing of chrome grinding media balls. The company products are used in the Cement and Mining Industry. It exports its products to other countries like the USA, U.A.E., Japan, Australia, Thailand, Sri Lanka, UK, Bangladesh, Indonesia, Oman, Qatar, Philippines, Slovakia, Hong Kong, Canada, Bulgaria, and Vietnam. The company mainly operates in only one segment namely the manufacturing of High Chrome Grinding Media Balls and generates revenue from the same.
45GF Score

Get the complete analysis for BOM:504988

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

₹629.00
Price
₹317.74
GF Value