Belding India (BOM:513307) Cyclically Adjusted PS Ratio: 2.83 (As of Aug. 31, 2026) — 455% Above Median

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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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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:513307 Belding India Ltd BOM:513307
39 GF Score
Price ₹1,035.05
GF Value ₹0.10
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Belding India Cyclically Adjusted PS Ratio?

Belding India BOM:513307 +0.68% 39 Cyclically Adjusted PS Ratio is 2.83 as of Aug. 31, 2026, which is 455% above its 10-year median of 0.51. GuruFocus rates BOM:513307 with a GF Score™ of 39/100 and a GF Value™ of ₹0.10 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 575 Metals & Mining companies, Belding India ranks worse than 55.83% on this metric.

As of today (2026-08-31), Belding India's current share price is ₹1035.05. Belding India's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹366.25. Belding India's Cyclically Adjusted PS Ratio for today is 2.83.

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

BOM:513307' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.51   Max: 4.35
Current: 2.83

During the past years, Belding India's highest Cyclically Adjusted PS Ratio was 4.35. The lowest was 0.14. And the median was 0.51.

BOM:513307's Cyclically Adjusted PS Ratio is ranked worse than
55.83% of 575 companies
in the Metals & Mining industry
Industry Median: 2.38 vs BOM:513307: 2.83

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.

Belding India's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹0.120. 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 ₹366.25 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Belding India  (BOM:513307) 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.


Belding India Cyclically Adjusted PS Ratio Related Terms


Belding India Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Belding India'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.

Belding India Cyclically Adjusted PS Ratio Chart

Belding India 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 0.25 0.99 0.34 0.00 4.44

Belding India 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 0.00 0.00 0.00 4.44 4.11

BOM:513307 vs AA: Cyclically Adjusted PS Ratio Comparison

For the Aluminum subindustry, Belding India'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.


Belding India Cyclically Adjusted PS Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Belding India's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:513307
39GF Score
Belding India Ltd BOM:513307
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Belding India 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.

Belding India's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1035.05/366.25
=2.83

* 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.

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

For example, Belding India'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)
=0.12/167.3573*167.3573
=0.120

Current CPI (Jun. 2026) = 167.3573.

Belding India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 53.262 105.961 84.123
201612 48.344 105.196 76.911
201703 48.583 105.196 77.291
201706 54.703 107.109 85.473
201709 64.435 109.021 98.913
201712 61.294 109.404 93.763
201803 66.386 109.786 101.198
201806 69.142 111.317 103.951
201809 70.885 115.142 103.030
201812 123.336 115.142 179.267
201903 89.232 118.202 126.340
201906 78.062 120.880 108.076
201909 101.349 123.175 137.702
201912 98.489 126.235 130.572
202003 82.259 124.705 110.394
202006 62.339 127.000 82.149
202009 111.274 130.118 143.120
202012 59.118 130.889 75.589
202103 68.614 131.771 87.144
202106 80.879 134.084 100.949
202109 77.940 135.847 96.019
202112 100.554 138.161 121.803
202203 80.313 138.822 96.822
202206 83.700 142.347 98.406
202209 84.983 144.661 98.316
202212 56.846 145.763 65.268
202303 71.383 146.865 81.343
202306 81.487 150.280 90.747
202309 69.195 151.492 76.442
202312 74.978 152.924 82.054
202403 70.425 153.035 77.016
202406 73.459 155.789 78.914
202409 63.003 157.882 66.784
202412 56.945 158.323 60.194
202503 0.000 157.552 0.000
202506 0.000 159.755 0.000
202509 0.000 162.289 0.000
202512 0.000 163.281 0.000
202603 0.019 164.272 0.019
202606 0.120 167.357 0.120

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 2.83 mean?
Belding India (BOM:513307) has a Cyclically Adjusted PS Ratio of 2.83 as of Aug. 31, 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 Belding India and its competitors. This is 455% above median its historical median of 0.51. Over the past decade, Belding India's Cyclically Adjusted PS Ratio has ranged from 0.14 to 4.35. According to the industry distribution chart, Belding India ranks #321 out of 575 companies in the Metals & Mining industry, placing it in the top 55.8%.
Is Belding India's Cyclically Adjusted PS Ratio too high?
Belding India's current Cyclically Adjusted PS Ratio of 2.83 is 455% above median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 4.35. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.38. Belding India's value of 2.83 is 18.9% above this industry median. Based on the distribution chart, Belding India ranks #321 out of 575 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Belding India has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Belding India's Cyclically Adjusted PS Ratio compare to AA?
According to the Metals & Mining industry distribution chart, Belding India ranks #321 out of 575 companies for Cyclically Adjusted PS Ratio. This places Belding India in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.38. Belding India's value of 2.83 is 18.9% above this benchmark. Historically, Belding India's own Cyclically Adjusted PS Ratio has ranged from 0.14 to 4.35 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 2.38, Belding India 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 a Metals & Mining company?
The median Cyclically Adjusted PS Ratio among Metals & Mining companies is 2.38, based on 575 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. Belding India's current Cyclically Adjusted PS Ratio of 2.83 is 18.9% 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 Belding India and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Belding India's current Cyclically Adjusted PS Ratio is 2.83, which is 455% above median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belding India stock overvalued right now?
Based on GuruFocus' analysis, Belding India (BOM:513307) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.10, compared to a current price of ₹1,035.05 — trading 1034950% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.83, which is 455% above median its 10-year median of 0.51 and 18.9% above the Metals & Mining industry median of 2.38. Belding India's overall GF Score™ is 39/100 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 Belding India (BOM:513307), the current Cyclically Adjusted PS Ratio is 2.83 as of Aug. 31, 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 Belding India (BOM:513307) Overvalued in 2026?

Based on GuruFocus' analysis, Belding India stock appears to be overvalued. The current stock price of ₹1,035.05 is trading 1034950% above its estimated GF Value™ of ₹0.10. GuruFocus considers Belding India to be Significantly Overvalued.

Key valuation signals for BOM:513307:

  • Cyclically Adjusted PS Ratio: 2.83 (455% above median its 10-year median of 0.51)
  • GF Value™: ₹0.10 vs. price of ₹1,035.05 (1034950% above fair value)
  • GF Score™: 39/100 with 3 warning signs
  • Industry Position: 18.9% above the Metals & Mining median (#321 of 575)

No single metric tells the full story. See the BOM:513307 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Belding India Business Description

Address Range Hill Road, 9th Floor, VB Capitol Building, Opposite Hotel Symphony, Bhoslenagar, Shivajinagar, Pune, MH, IND, 411007
Belding India Ltd, formerly Synthiko Foils Ltd is a manufacturer, supplier, and exporter of aluminum packaging foils in India. Its products include aluminum foils, lidding foil, and three-ply laminates, blister foil, printed and laminated aluminum foil, and aluminum foil lids.
39GF Score

Get the complete analysis for BOM:513307

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

₹1,035.05
Price
₹0.10
GF Value