Mahamaya Steel Industries (BOM:513554) Cyclically Adjusted PS Ratio: 2.52 (As of Aug. 09, 2026) — 800% Above Median

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BOM:513554 Mahamaya Steel Industries Ltd BOM:513554
51 GF Score
Price ₹1,051.15
GF Value ₹248.52
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Mahamaya Steel Industries Cyclically Adjusted PS Ratio?

Mahamaya Steel Industries BOM:513554 +2.18% 51 Cyclically Adjusted PS Ratio is 2.52 as of Aug. 09, 2026, which is 800% above its 10-year median of 0.28. GuruFocus rates BOM:513554 with a GF Score™ of 51/100 and a GF Value™ of ₹248.52 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 517 Steel companies, Mahamaya Steel Industries ranks worse than 88.78% on this metric.

As of today (2026-08-09), Mahamaya Steel Industries's current share price is ₹1051.15. Mahamaya Steel Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹417.31. Mahamaya Steel Industries's Cyclically Adjusted PS Ratio for today is 2.52.

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

BOM:513554' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.28   Max: 2.52
Current: 2.52

During the past years, Mahamaya Steel Industries's highest Cyclically Adjusted PS Ratio was 2.52. The lowest was 0.15. And the median was 0.28.

BOM:513554's Cyclically Adjusted PS Ratio is ranked worse than
88.78% of 517 companies
in the Steel industry
Industry Median: 0.46 vs BOM:513554: 2.52

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.

Mahamaya Steel Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹160.321. 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 ₹417.31 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mahamaya Steel Industries  (BOM:513554) 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.


Mahamaya Steel Industries Cyclically Adjusted PS Ratio Related Terms


Mahamaya Steel Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mahamaya Steel Industries'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.

Mahamaya Steel Industries Cyclically Adjusted PS Ratio Chart

Mahamaya Steel Industries 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 0.20 0.15 0.28 0.71 2.28

Mahamaya Steel Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.71 0.88 1.04 2.44 2.28

BOM:513554 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Mahamaya Steel Industries'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.


Mahamaya Steel Industries Cyclically Adjusted PS Ratio vs Steel Industry

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

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


BOM:513554
51GF Score
Mahamaya Steel Industries Ltd BOM:513554
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mahamaya Steel Industries 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1051.15/417.31
=2.52

* 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.

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

For example, Mahamaya Steel Industries's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=160.321/164.2724*164.2724
=160.321

Current CPI (Mar. 2026) = 164.2724.

Mahamaya Steel Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 60.126 99.841 98.928
201509 63.394 101.753 102.344
201512 58.894 102.901 94.019
201603 45.989 102.518 73.691
201606 50.009 105.961 77.529
201609 43.630 105.961 67.640
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 84.876 111.317 125.254
201809 86.196 115.142 122.975
201812 94.738 115.142 135.162
201903 79.706 118.202 110.772
201906 80.224 120.880 109.022
201909 50.077 123.175 66.785
201912 50.653 126.235 65.916
202003 69.528 124.705 91.588
202006 20.421 127.000 26.414
202009 41.676 130.118 52.615
202012 47.933 130.889 60.158
202103 68.062 131.771 84.850
202106 61.870 134.084 75.800
202109 84.735 135.847 102.465
202112 92.809 138.161 110.349
202203 94.541 138.822 111.873
202206 74.957 142.347 86.502
202209 99.855 144.661 113.392
202212 92.899 145.763 104.696
202303 112.379 146.865 125.699
202306 134.259 150.280 146.760
202309 112.569 151.492 122.066
202312 109.954 152.924 118.113
202403 119.062 153.035 127.805
202406 127.942 155.789 134.909
202409 95.558 157.882 99.426
202412 120.675 158.323 125.210
202503 143.701 157.552 149.831
202506 126.380 159.755 129.953
202509 115.094 162.289 116.500
202512 136.287 163.281 137.115
202603 160.321 164.272 160.321

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 2.52 mean?
Mahamaya Steel Industries (BOM:513554) has a Cyclically Adjusted PS Ratio of 2.52 as of Aug. 09, 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 Mahamaya Steel Industries and its competitors. This is 800% above median its historical median of 0.28. Over the past decade, Mahamaya Steel Industries' Cyclically Adjusted PS Ratio has ranged from 0.15 to 2.52. According to the industry distribution chart, Mahamaya Steel Industries ranks #459 out of 517 companies in the Steel industry, placing it in the top 88.8%.
Is Mahamaya Steel Industries' Cyclically Adjusted PS Ratio too high?
Mahamaya Steel Industries' current Cyclically Adjusted PS Ratio of 2.52 is 800% above median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 2.52. The Steel industry median Cyclically Adjusted PS Ratio is 0.46. Mahamaya Steel Industries' value of 2.52 is 447.8% above this industry median. Based on the distribution chart, Mahamaya Steel Industries ranks #459 out of 517 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Mahamaya Steel Industries has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mahamaya Steel Industries' Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Mahamaya Steel Industries ranks #459 out of 517 companies for Cyclically Adjusted PS Ratio. This places Mahamaya Steel Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.46. Mahamaya Steel Industries' value of 2.52 is 447.8% above this benchmark. Historically, Mahamaya Steel Industries' own Cyclically Adjusted PS Ratio has ranged from 0.15 to 2.52 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.46, Mahamaya Steel Industries 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 0.46, based on 517 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. Mahamaya Steel Industries's current Cyclically Adjusted PS Ratio of 2.52 is 447.8% 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 Mahamaya Steel Industries and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahamaya Steel Industries's current Cyclically Adjusted PS Ratio is 2.52, which is 800% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahamaya Steel Industries stock overvalued right now?
Based on GuruFocus' analysis, Mahamaya Steel Industries (BOM:513554) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹248.52, compared to a current price of ₹1,051.15 — trading 323% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.52, which is 800% above median its 10-year median of 0.28 and 447.8% above the Steel industry median of 0.46. Mahamaya Steel Industries' overall GF Score™ is 51/100 with 6 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 Mahamaya Steel Industries (BOM:513554), the current Cyclically Adjusted PS Ratio is 2.52 as of Aug. 09, 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 Mahamaya Steel Industries (BOM:513554) Overvalued in 2026?

Based on GuruFocus' analysis, Mahamaya Steel Industries stock appears to be overvalued. The current stock price of ₹1,051.15 is trading 323% above its estimated GF Value™ of ₹248.52. GuruFocus considers Mahamaya Steel Industries to be Significantly Overvalued.

Key valuation signals for BOM:513554:

  • Cyclically Adjusted PS Ratio: 2.52 (800% above median its 10-year median of 0.28)
  • GF Value™: ₹248.52 vs. price of ₹1,051.15 (323% above fair value)
  • GF Score™: 51/100 with 6 warning signs
  • Industry Position: 447.8% above the Steel median (#459 of 517)

No single metric tells the full story. See the BOM:513554 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mahamaya Steel Industries Business Description

Other Exchanges MAHASTEEL:India
Address B/8-9, Sector - C, Urla Industrial Area, Sarora, Raipur, CT, IND, 493 221
Mahamaya Steel Industries Ltd is engaged in the manufacturing of steel structures in the shape of angles, beams, joists, channels, rounds, flats, and railway sleepers among others. It has high-capacity structural rolling mills with full-fledged supportive SMS.
51GF Score

Get the complete analysis for BOM:513554

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

₹1,051.15
Price
₹248.52
GF Value