Tamilnadu Steel Tubes (BOM:513540) Cyclically Adjusted PS Ratio: 0.15 (As of Aug. 27, 2026) — 67% Above Median

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BOM:513540 Tamilnadu Steel Tubes Ltd BOM:513540
68 GF Score
Price ₹28.08
GF Value ₹21.49
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Tamilnadu Steel Tubes Cyclically Adjusted PS Ratio?

Tamilnadu Steel Tubes BOM:513540 68 Cyclically Adjusted PS Ratio is 0.15 as of Aug. 27, 2026, which is 67% above its 10-year median of 0.09. GuruFocus rates BOM:513540 with a GF Score™ of 68/100 and a GF Value™ of ₹21.49 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 512 Steel companies, Tamilnadu Steel Tubes ranks better than 85.94% on this metric.

As of today (2026-08-27), Tamilnadu Steel Tubes's current share price is ₹28.08. Tamilnadu Steel Tubes's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹188.20. Tamilnadu Steel Tubes's Cyclically Adjusted PS Ratio for today is 0.15.

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

BOM:513540' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.09   Max: 0.24
Current: 0.15

During the past years, Tamilnadu Steel Tubes's highest Cyclically Adjusted PS Ratio was 0.24. The lowest was 0.04. And the median was 0.09.

BOM:513540's Cyclically Adjusted PS Ratio is ranked better than
85.94% of 512 companies
in the Steel industry
Industry Median: 0.45 vs BOM:513540: 0.15

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.

Tamilnadu Steel Tubes's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹42.081. 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 ₹188.20 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tamilnadu Steel Tubes  (BOM:513540) 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.


Tamilnadu Steel Tubes Cyclically Adjusted PS Ratio Related Terms


Tamilnadu Steel Tubes Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tamilnadu Steel Tubes'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.

Tamilnadu Steel Tubes Cyclically Adjusted PS Ratio Chart

Tamilnadu Steel Tubes 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 0.00 0.05 0.07 0.08 0.10

Tamilnadu Steel Tubes 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 0.09 0.11 0.22 0.10 0.12

BOM:513540 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Tamilnadu Steel Tubes'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.


Tamilnadu Steel Tubes Cyclically Adjusted PS Ratio vs Steel Industry

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

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


BOM:513540
68GF Score
Tamilnadu Steel Tubes Ltd BOM:513540
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tamilnadu Steel Tubes 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=28.08/188.20
=0.15

* 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.

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

For example, Tamilnadu Steel Tubes'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)
=42.081/167.3573*167.3573
=42.081

Current CPI (Jun. 2026) = 167.3573.

Tamilnadu Steel Tubes Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 39.150 105.961 61.834
201612 39.948 105.196 63.554
201703 43.184 105.196 68.702
201706 44.707 107.109 69.855
201709 44.579 109.021 68.433
201712 39.834 109.404 60.935
201803 46.841 109.786 71.404
201806 51.492 111.317 77.415
201809 44.034 115.142 64.003
201812 29.948 115.142 43.529
201903 28.659 118.202 40.577
201906 27.928 120.880 38.666
201909 24.239 123.175 32.933
201912 23.607 126.235 31.297
202003 22.862 124.705 30.681
202006 15.750 127.000 20.755
202009 26.624 130.118 34.244
202012 29.518 130.889 37.742
202103 28.007 131.771 35.571
202106 20.440 134.084 25.512
202109 38.632 135.847 47.593
202112 40.272 138.161 48.782
202203 51.851 138.822 62.509
202206 47.664 142.347 56.038
202209 44.761 144.661 51.784
202212 40.876 145.763 46.932
202303 47.356 146.865 53.964
202306 35.487 150.280 39.520
202309 39.031 151.492 43.119
202312 28.280 152.924 30.949
202403 37.437 153.035 40.941
202406 40.374 155.789 43.372
202409 31.539 157.882 33.432
202412 34.280 158.323 36.236
202503 41.363 157.552 43.937
202506 50.373 159.755 52.770
202509 41.599 162.289 42.898
202512 36.999 163.281 37.923
202603 48.701 164.272 49.616
202606 42.081 167.357 42.081

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 0.15 mean?
Tamilnadu Steel Tubes (BOM:513540) has a Cyclically Adjusted PS Ratio of 0.15 as of Aug. 27, 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 Tamilnadu Steel Tubes and its competitors. This is 67% above median its historical median of 0.09. Over the past decade, Tamilnadu Steel Tubes' Cyclically Adjusted PS Ratio has ranged from 0.04 to 0.24. According to the industry distribution chart, Tamilnadu Steel Tubes ranks #72 out of 512 companies in the Steel industry, placing it in the top 14.1%.
Is Tamilnadu Steel Tubes' Cyclically Adjusted PS Ratio too high?
Tamilnadu Steel Tubes' current Cyclically Adjusted PS Ratio of 0.15 is 67% above median its 10-year median of 0.09. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.24. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Tamilnadu Steel Tubes' value of 0.15 is 66.7% below this industry median. Based on the distribution chart, Tamilnadu Steel Tubes ranks #72 out of 512 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Tamilnadu Steel Tubes has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tamilnadu Steel Tubes' Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Tamilnadu Steel Tubes ranks #72 out of 512 companies for Cyclically Adjusted PS Ratio. This places Tamilnadu Steel Tubes in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.45. Tamilnadu Steel Tubes' value of 0.15 is 66.7% below this benchmark. Historically, Tamilnadu Steel Tubes' own Cyclically Adjusted PS Ratio has ranged from 0.04 to 0.24 over the past decade. While the company's 10-year median is 0.09 vs. the industry median of 0.45, Tamilnadu Steel Tubes 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. Tamilnadu Steel Tubes's current Cyclically Adjusted PS Ratio of 0.15 is 66.7% 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 Tamilnadu Steel Tubes 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. Tamilnadu Steel Tubes's current Cyclically Adjusted PS Ratio is 0.15, which is 67% above median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamilnadu Steel Tubes stock overvalued right now?
Based on GuruFocus' analysis, Tamilnadu Steel Tubes (BOM:513540) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹21.49, compared to a current price of ₹28.08 — trading 30.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.15, which is 67% above median its 10-year median of 0.09 and 66.7% below the Steel industry median of 0.45. Tamilnadu Steel Tubes' overall GF Score™ is 68/100 with 2 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 Tamilnadu Steel Tubes (BOM:513540), the current Cyclically Adjusted PS Ratio is 0.15 as of Aug. 27, 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 Tamilnadu Steel Tubes (BOM:513540) Overvalued in 2026?

Based on GuruFocus' analysis, Tamilnadu Steel Tubes stock appears to be overvalued. The current stock price of ₹28.08 is trading 30.7% above its estimated GF Value™ of ₹21.49. GuruFocus considers Tamilnadu Steel Tubes to be Significantly Overvalued.

Key valuation signals for BOM:513540:

  • Cyclically Adjusted PS Ratio: 0.15 (67% above median its 10-year median of 0.09)
  • GF Value™: ₹21.49 vs. price of ₹28.08 (30.7% above fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 66.7% below the Steel median (#72 of 512)

No single metric tells the full story. See the BOM:513540 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tamilnadu Steel Tubes Business Description

Address Wheatcrofts Road, No, 22, First Floor, Nungambakkam, Chennai, TN, IND, 600034
Tamilnadu Steel Tubes Ltd is an Indian company manufacturing and selling a brand of Black Pipe (ERW Pipe) and G.I.Pipes. It is a manufacturer of mild steel tubes, offering various products, including black and galvanized tubes, available in round, square, and rectangular shapes. Geographically, the company caters only to the domestic market.
68GF Score

Get the complete analysis for BOM:513540

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

₹28.08
Price
₹21.49
GF Value