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HEG Advanced MaterialsBOM:509631 +2.96%82 Cyclically Adjusted PS Ratio is 3.77 as of Sep. 06, 2026, which is 38% above its 10-year median of 2.73. GuruFocus rates BOM:509631 with a GF Score™ of 82/100 and a GF Value™ of ₹558.03 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,278 Industrial Products companies, HEG Advanced Materials ranks worse than 72.52% on this metric.
The historical rank and industry rank for HEG Advanced Materials's Cyclically Adjusted PS Ratio or its related term are showing as below:
BOM:509631'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.75 Med: 2.73 Max: 3.82
Current: 3.77
During the past years, HEG Advanced Materials's highest Cyclically Adjusted PS Ratio was 3.82. The lowest was 1.75. And the median was 2.73.
BOM:509631's Cyclically Adjusted PS Ratio is ranked worse than 72.52% of 2278
companies
in the Industrial Products industry
Industry Median: 1.81
vs BOM:509631: 3.77
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.
HEG Advanced Materials's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹35.280. 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 ₹193.14 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
HEG Advanced Materials (BOM:509631) 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.
HEG Advanced Materials Cyclically Adjusted PS Ratio Related Terms
HEG Advanced Materials Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for HEG Advanced Materials'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.
HEG Advanced Materials Cyclically Adjusted PS Ratio Chart
BOM:509631 vs VRT, BE: Cyclically Adjusted PS Ratio Comparison
For the Electrical Equipment & Parts subindustry, HEG Advanced Materials'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.
HEG Advanced Materials Cyclically Adjusted PS Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, HEG Advanced Materials's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where HEG Advanced Materials's Cyclically Adjusted PS Ratio falls into.
HEG Advanced Materials 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.
* 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 3.77 mean?
HEG Advanced Materials (BOM:509631) has a Cyclically Adjusted PS Ratio of 3.77 as of Sep. 06, 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 HEG Advanced Materials and its competitors. This is 38% above median its historical median of 2.73. Over the past decade, HEG Advanced Materials' Cyclically Adjusted PS Ratio has ranged from 1.75 to 3.82. According to the industry distribution chart, HEG Advanced Materials ranks #1652 out of 2278 companies in the Industrial Products industry, placing it in the top 72.5%.
Is HEG Advanced Materials' Cyclically Adjusted PS Ratio too high?
HEG Advanced Materials' current Cyclically Adjusted PS Ratio of 3.77 is 38% above median its 10-year median of 2.73. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 3.82. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.81. HEG Advanced Materials' value of 3.77 is 108.3% above this industry median. Based on the distribution chart, HEG Advanced Materials ranks #1652 out of 2278 companies in the Industrial Products industry, which is below the industry midpoint. Overall, HEG Advanced Materials has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HEG Advanced Materials' Cyclically Adjusted PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, HEG Advanced Materials ranks #1652 out of 2278 companies for Cyclically Adjusted PS Ratio. This places HEG Advanced Materials in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.81. HEG Advanced Materials' value of 3.77 is 108.3% above this benchmark. Historically, HEG Advanced Materials' own Cyclically Adjusted PS Ratio has ranged from 1.75 to 3.82 over the past decade. While the company's 10-year median is 2.73 vs. the industry median of 1.81, HEG Advanced Materials has consistently been above 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.81, based on 2,278 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. HEG Advanced Materials's current Cyclically Adjusted PS Ratio of 3.77 is 108.3% above 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 HEG Advanced Materials and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HEG Advanced Materials's current Cyclically Adjusted PS Ratio is 3.77, which is 38% above median its own 10-year median of 2.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HEG Advanced Materials stock overvalued right now?
Based on GuruFocus' analysis, HEG Advanced Materials (BOM:509631) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹558.03, compared to a current price of ₹729.05 — trading 30.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.77, which is 38% above median its 10-year median of 2.73 and 108.3% above the Industrial Products industry median of 1.81. HEG Advanced Materials' overall GF Score™ is 82/100 with 3 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 HEG Advanced Materials (BOM:509631), the current Cyclically Adjusted PS Ratio is 3.77 as of Sep. 06, 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 HEG Advanced Materials (BOM:509631) Overvalued in 2026?
Based on GuruFocus' analysis, HEG Advanced Materials stock appears to be overvalued.
The current stock price of ₹729.05 is trading 30.6% above its estimated GF Value™ of ₹558.03.
GuruFocus considers HEG Advanced Materials to be Significantly Overvalued.
Key valuation signals for BOM:509631:
Cyclically Adjusted PS Ratio: 3.77 (38% above median its 10-year median of 2.73)
GF Value™: ₹558.03 vs. price of ₹729.05 (30.6% above fair value)
Industry Position: 108.3% above the Industrial Products median (#1652 of 2278)
No single metric tells the full story. See the BOM:509631 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HEG Ltd is a graphite electrode manufacturer. The company operates in business segments that include Graphite Electrodes, which manufactures graphite electrodes; and Power Generation, which comprises of generation of power for captive consumption and sale. The company generates the majority of its revenue from the Graphite Electrodes segment. It also focuses on carbon specialties. The export sales generate maximum revenue for the company.
82GF Score
Get the complete analysis for BOM:509631
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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