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Welcast Steels (BOM:504988) Cyclically Adjusted PS Ratio : 0.44 (As of Jul. 08, 2025)


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What is Welcast Steels Cyclically Adjusted PS Ratio?

As of today (2025-07-08), Welcast Steels's current share price is ₹1278.05. Welcast Steels's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ₹2,927.51. Welcast Steels's Cyclically Adjusted PS Ratio for today is 0.44.

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

BOM:504988' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.2   Max: 0.53
Current: 0.45

During the past years, Welcast Steels's highest Cyclically Adjusted PS Ratio was 0.53. The lowest was 0.08. And the median was 0.20.

BOM:504988's Cyclically Adjusted PS Ratio is ranked better than
50.52% of 483 companies
in the Steel industry
Industry Median: 0.45 vs BOM:504988: 0.45

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.

Welcast Steels's adjusted revenue per share data for the three months ended in Mar. 2025 was ₹327.145. 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 ₹2,927.51 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Welcast Steels Cyclically Adjusted PS Ratio Historical Data

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.

* Premium members only.

Welcast Steels Cyclically Adjusted PS Ratio Chart

Welcast Steels 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 0.09 0.10 0.17 0.48 0.39

Welcast Steels 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 0.48 0.46 0.44 0.45 0.39

Competitive Comparison of Welcast Steels's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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.


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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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1278.05/2927.51
=0.44

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

For example, Welcast Steels'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)
=327.145/157.5517*157.5517
=327.145

Current CPI (Mar. 2025) = 157.5517.

Welcast Steels Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 529.386 99.841 835.388
201509 543.994 101.753 842.304
201512 518.019 102.901 793.140
201603 283.650 102.518 435.918
201606 605.595 105.961 900.449
201609 791.654 105.961 1,177.096
201612 804.853 105.196 1,205.426
201703 952.925 105.196 1,427.193
201706 958.158 107.109 1,409.404
201709 784.357 109.021 1,133.509
201712 885.409 109.404 1,275.071
201803 1,034.323 109.786 1,484.331
201806 1,006.723 111.317 1,424.864
201809 1,148.969 115.142 1,572.165
201812 973.755 115.142 1,332.415
201903 1,070.696 118.202 1,427.132
201906 621.284 120.880 809.766
201909 609.610 123.175 779.745
201912 609.638 126.235 760.877
202003 404.717 124.705 511.317
202006 368.303 127.000 456.903
202009 475.223 130.118 575.418
202012 299.492 130.889 360.500
202103 384.861 131.771 460.160
202106 55.224 134.084 64.889
202109 266.533 135.847 309.118
202112 618.714 138.161 705.551
202203 352.697 138.822 400.283
202206 676.440 142.347 748.691
202209 147.719 144.661 160.882
202212 308.486 145.763 333.436
202303 334.889 146.865 359.258
202306 303.480 150.280 318.164
202309 406.168 151.492 422.415
202312 313.679 152.924 323.171
202403 401.321 153.035 413.167
202406 381.956 155.789 386.278
202409 252.733 157.882 252.204
202412 361.705 158.323 359.943
202503 327.145 157.552 327.145

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.


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

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


Welcast Steels Business Description

Traded in Other Exchanges
N/A
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.

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