Scan Steels (BOM:511672) Cyclically Adjusted PS Ratio: 0.34 (As of Aug. 28, 2026) — 62% Above Median

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BOM:511672 Scan Steels Ltd BOM:511672
48 GF Score
Price ₹61.62
GF Value ₹39.42
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Scan Steels Cyclically Adjusted PS Ratio?

Scan Steels BOM:511672 -4.48% 48 Cyclically Adjusted PS Ratio is 0.34 as of Aug. 28, 2026, which is 62% above its 10-year median of 0.21. GuruFocus rates BOM:511672 with a GF Score™ of 48/100 and a GF Value™ of ₹39.42 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 512 Steel companies, Scan Steels ranks better than 57.03% on this metric.

As of today (2026-08-28), Scan Steels's current share price is ₹61.62. Scan Steels's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹178.63. Scan Steels's Cyclically Adjusted PS Ratio for today is 0.34.

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

BOM:511672' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.21   Max: 0.48
Current: 0.36

During the past years, Scan Steels's highest Cyclically Adjusted PS Ratio was 0.48. The lowest was 0.10. And the median was 0.21.

BOM:511672's Cyclically Adjusted PS Ratio is ranked better than
57.03% of 512 companies
in the Steel industry
Industry Median: 0.45 vs BOM:511672: 0.36

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.

Scan Steels's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹42.414. 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 ₹178.63 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Scan Steels  (BOM:511672) 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.


Scan Steels Cyclically Adjusted PS Ratio Related Terms


Scan Steels Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Scan 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.

Scan Steels Cyclically Adjusted PS Ratio Chart

Scan 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 0.18 0.17 0.37 0.21 0.17

Scan 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 0.22 0.22 0.21 0.17 0.22

BOM:511672 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Scan 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.


Scan Steels Cyclically Adjusted PS Ratio vs Steel Industry

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

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


BOM:511672
48GF Score
Scan Steels Ltd BOM:511672
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Scan 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.

Scan Steels's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=61.62/178.63
=0.34

* 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.

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

For example, Scan 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)
=42.414/167.3573*167.3573
=42.414

Current CPI (Jun. 2026) = 167.3573.

Scan Steels Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 17.750 105.961 28.035
201612 18.088 105.196 28.776
201703 17.492 105.196 27.828
201706 19.080 107.109 29.812
201709 21.119 109.021 32.419
201712 21.622 109.404 33.076
201803 29.212 109.786 44.530
201806 34.537 111.317 51.924
201809 28.094 115.142 40.834
201812 30.870 115.142 44.869
201903 39.771 118.202 56.310
201906 36.138 120.880 50.033
201909 30.680 123.175 41.685
201912 33.567 126.235 44.502
202003 29.102 124.705 39.056
202006 33.154 127.000 43.689
202009 24.368 130.118 31.342
202012 38.711 130.889 49.497
202103 46.218 131.771 58.700
202106 45.477 134.084 56.762
202109 30.694 135.847 37.814
202112 49.071 138.161 59.441
202203 65.111 138.822 78.495
202206 58.639 142.347 68.942
202209 40.115 144.661 46.409
202212 58.259 145.763 66.890
202303 52.308 146.865 59.607
202306 43.417 150.280 48.351
202309 50.184 151.492 55.440
202312 41.866 152.924 45.817
202403 48.018 153.035 52.512
202406 39.866 155.789 42.826
202409 28.353 157.882 30.055
202412 28.717 158.323 30.356
202503 41.185 157.552 43.748
202506 39.560 159.755 41.442
202509 20.927 162.289 21.581
202512 32.512 163.281 33.324
202603 46.305 164.272 47.175
202606 42.414 167.357 42.414

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.

What does a Cyclically Adjusted PS Ratio of 0.34 mean?
Scan Steels (BOM:511672) has a Cyclically Adjusted PS Ratio of 0.34 as of Aug. 28, 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 Scan Steels and its competitors. This is 62% above median its historical median of 0.21. Over the past decade, Scan Steels' Cyclically Adjusted PS Ratio has ranged from 0.10 to 0.48. According to the industry distribution chart, Scan Steels ranks #220 out of 512 companies in the Steel industry, placing it in the top 43%.
Is Scan Steels' Cyclically Adjusted PS Ratio too high?
Scan Steels' current Cyclically Adjusted PS Ratio of 0.34 is 62% above median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.48. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Scan Steels' value of 0.34 is 24.4% below this industry median. Based on the distribution chart, Scan Steels ranks #220 out of 512 companies in the Steel industry, which is above the industry midpoint. Overall, Scan Steels has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Scan Steels' Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Scan Steels ranks #220 out of 512 companies for Cyclically Adjusted PS Ratio. This puts Scan Steels in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Scan Steels' value of 0.34 is 24.4% below this benchmark. Historically, Scan Steels' own Cyclically Adjusted PS Ratio has ranged from 0.10 to 0.48 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.45, Scan Steels 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 512 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. Scan Steels's current Cyclically Adjusted PS Ratio of 0.34 is 24.4% 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 Scan Steels and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scan Steels's current Cyclically Adjusted PS Ratio is 0.34, which is 62% above median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scan Steels stock overvalued right now?
Based on GuruFocus' analysis, Scan Steels (BOM:511672) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹39.42, compared to a current price of ₹61.62 — trading 56.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.34, which is 62% above median its 10-year median of 0.21 and 24.4% below the Steel industry median of 0.45. Scan Steels' overall GF Score™ is 48/100 with 8 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 Scan Steels (BOM:511672), the current Cyclically Adjusted PS Ratio is 0.34 as of Aug. 28, 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 Scan Steels (BOM:511672) Overvalued in 2026?

Based on GuruFocus' analysis, Scan Steels stock appears to be overvalued. The current stock price of ₹61.62 is trading 56.3% above its estimated GF Value™ of ₹39.42. GuruFocus considers Scan Steels to be Significantly Overvalued.

Key valuation signals for BOM:511672:

  • Cyclically Adjusted PS Ratio: 0.34 (62% above median its 10-year median of 0.21)
  • GF Value™: ₹39.42 vs. price of ₹61.62 (56.3% above fair value)
  • GF Score™: 48/100 with 8 warning signs
  • Industry Position: 24.4% below the Steel median (#220 of 512)

No single metric tells the full story. See the BOM:511672 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Scan Steels Business Description

Other Exchanges SCANSTL:India
Address Magnetics Chowk, 2nd Floor, Plot No. 516/1723/3991, Trishana Nirmalya, Patia, Bhubaneswar, OR, IND, 751024
Scan Steels Ltd is an Indian-based iron and steel company. It is engaged in the manufacturing of steel products and in the generation of power for captive consumption. The company operates through a single segment, which is Steel Manufacturing. Its products include Shrishtii TMT, MS Billets, Shrishtii Roofing, Shrishtii Structural, and Fly Ash Bricks.
48GF Score

Get the complete analysis for BOM:511672

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

₹61.62
Price
₹39.42
GF Value