Panchmahal Steel (BOM:513511) Cyclically Adjusted PS Ratio: 1.11 (As of Sep. 08, 2026) — 95% Above Median

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BOM:513511 Panchmahal Steel Ltd BOM:513511
55 GF Score
Price ₹300.00
GF Value ₹212.15
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Panchmahal Steel Cyclically Adjusted PS Ratio?

Panchmahal Steel BOM:513511 -0.99% 55 Cyclically Adjusted PS Ratio is 1.11 as of Sep. 08, 2026, which is 95% above its 10-year median of 0.57. GuruFocus rates BOM:513511 with a GF Score™ of 55/100 and a GF Value™ of ₹212.15 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 509 Steel companies, Panchmahal Steel ranks worse than 75.44% on this metric.

As of today (2026-09-08), Panchmahal Steel's current share price is ₹300.00. Panchmahal Steel's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹269.98. Panchmahal Steel's Cyclically Adjusted PS Ratio for today is 1.11.

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

BOM:513511' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.57   Max: 1.33
Current: 1.11

During the past years, Panchmahal Steel's highest Cyclically Adjusted PS Ratio was 1.33. The lowest was 0.12. And the median was 0.57.

BOM:513511's Cyclically Adjusted PS Ratio is ranked worse than
75.44% of 509 companies
in the Steel industry
Industry Median: 0.45 vs BOM:513511: 1.11

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.

Panchmahal Steel's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹49.185. 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 ₹269.98 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Panchmahal Steel  (BOM:513511) 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.


Panchmahal Steel Cyclically Adjusted PS Ratio Related Terms


Panchmahal Steel Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Panchmahal Steel'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.

Panchmahal Steel Cyclically Adjusted PS Ratio Chart

Panchmahal Steel 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 0.59 0.53 0.55 0.52 1.07

Panchmahal Steel 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 0.83 1.12 1.20 1.07 1.14

BOM:513511 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Panchmahal Steel'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.


Panchmahal Steel Cyclically Adjusted PS Ratio vs Steel Industry

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

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


BOM:513511
55GF Score
Panchmahal Steel Ltd BOM:513511
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Panchmahal Steel 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.

Panchmahal Steel's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=300.00/269.98
=1.11

* 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.

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

For example, Panchmahal Steel'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)
=49.185/167.3573*167.3573
=49.185

Current CPI (Jun. 2026) = 167.3573.

Panchmahal Steel Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 42.997 105.961 67.910
201612 42.259 105.196 67.230
201703 49.377 105.196 78.554
201706 53.363 107.109 83.380
201709 49.530 109.021 76.033
201712 46.010 109.404 70.382
201803 55.021 109.786 83.873
201806 56.573 111.317 85.054
201809 56.957 115.142 82.786
201812 68.095 115.142 98.975
201903 52.143 118.202 73.827
201906 55.866 120.880 77.346
201909 43.459 123.175 59.048
201912 35.932 126.235 47.637
202003 36.873 124.705 49.484
202006 23.380 127.000 30.809
202009 49.066 130.118 63.109
202012 48.189 130.889 61.615
202103 55.865 131.771 70.952
202106 47.714 134.084 59.554
202109 84.674 135.847 104.315
202112 92.399 138.161 111.925
202203 74.686 138.822 90.038
202206 70.749 142.347 83.179
202209 56.715 144.661 65.613
202212 60.710 145.763 69.704
202303 65.456 146.865 74.589
202306 56.006 150.280 62.370
202309 61.863 151.492 68.342
202312 54.066 152.924 59.169
202403 48.512 153.035 53.052
202406 51.246 155.789 55.051
202409 52.352 157.882 55.494
202412 49.600 158.323 52.430
202503 47.643 157.552 50.608
202506 45.941 159.755 48.127
202509 48.427 162.289 49.939
202512 51.244 163.281 52.523
202603 55.513 164.272 56.555
202606 49.185 167.357 49.185

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 1.11 mean?
Panchmahal Steel (BOM:513511) has a Cyclically Adjusted PS Ratio of 1.11 as of Sep. 08, 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 Panchmahal Steel and its competitors. This is 95% above median its historical median of 0.57. Over the past decade, Panchmahal Steel's Cyclically Adjusted PS Ratio has ranged from 0.12 to 1.33. According to the industry distribution chart, Panchmahal Steel ranks #384 out of 509 companies in the Steel industry, placing it in the top 75.4%.
Is Panchmahal Steel's Cyclically Adjusted PS Ratio too high?
Panchmahal Steel's current Cyclically Adjusted PS Ratio of 1.11 is 95% above median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 1.33. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Panchmahal Steel's value of 1.11 is 146.7% above this industry median. Based on the distribution chart, Panchmahal Steel ranks #384 out of 509 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Panchmahal Steel has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Panchmahal Steel's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Panchmahal Steel ranks #384 out of 509 companies for Cyclically Adjusted PS Ratio. This places Panchmahal Steel in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Panchmahal Steel's value of 1.11 is 146.7% above this benchmark. Historically, Panchmahal Steel's own Cyclically Adjusted PS Ratio has ranged from 0.12 to 1.33 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 0.45, Panchmahal Steel 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 509 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. Panchmahal Steel's current Cyclically Adjusted PS Ratio of 1.11 is 146.7% 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 Panchmahal Steel 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. Panchmahal Steel's current Cyclically Adjusted PS Ratio is 1.11, which is 95% above median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panchmahal Steel stock overvalued right now?
Based on GuruFocus' analysis, Panchmahal Steel (BOM:513511) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹212.15, compared to a current price of ₹300.00 — trading 41.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.11, which is 95% above median its 10-year median of 0.57 and 146.7% above the Steel industry median of 0.45. Panchmahal Steel's overall GF Score™ is 55/100 with 7 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 Panchmahal Steel (BOM:513511), the current Cyclically Adjusted PS Ratio is 1.11 as of Sep. 08, 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 Panchmahal Steel (BOM:513511) Overvalued in 2026?

Based on GuruFocus' analysis, Panchmahal Steel stock appears to be overvalued. The current stock price of ₹300.00 is trading 41.4% above its estimated GF Value™ of ₹212.15. GuruFocus considers Panchmahal Steel to be Significantly Overvalued.

Key valuation signals for BOM:513511:

  • Cyclically Adjusted PS Ratio: 1.11 (95% above median its 10-year median of 0.57)
  • GF Value™: ₹212.15 vs. price of ₹300.00 (41.4% above fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 146.7% above the Steel median (#384 of 509)

No single metric tells the full story. See the BOM:513511 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Panchmahal Steel Business Description

Other Exchanges PANCHMAHQ:India
Address Landmark, 7th Floor, Race Course Circle, Vadodara, GJ, IND, 390 007
Panchmahal Steel Ltd is in the business of producing Stainless steel long products in India. Its products include Stainless Steel wire road and bars, Stainless steel wires, Stainless Steel fine wires, and Stainless steel welding wires. The company has facilities for cold-finished bars and wires including coil-to-bar drawing and bar-to-bar peeling lines, heat treatment facilities, shot blasting and pickling lines, and spooling, cutting, and stamping lines for stainless steel welding products. Geographically, it derives a majority of its revenue from India.
55GF Score

Get the complete analysis for BOM:513511

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

₹300.00
Price
₹212.15
GF Value