Suraj Products (BOM:518075) Cyclically Adjusted PS Ratio: 1.16 (As of Sep. 04, 2026) — 10% Above Median

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BOM:518075 Suraj Products Ltd BOM:518075
73 GF Score
Price ₹257.15
GF Value ₹352.21
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Suraj Products Cyclically Adjusted PS Ratio?

Suraj Products BOM:518075 +1.47% 73 Cyclically Adjusted PS Ratio is 1.16 as of Sep. 04, 2026, which is 10% above its 10-year median of 1.05. GuruFocus rates BOM:518075 with a GF Score™ of 73/100 and a GF Value™ of ₹352.21 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 511 Steel companies, Suraj Products ranks worse than 77.5% on this metric.

As of today (2026-09-04), Suraj Products's current share price is ₹257.15. Suraj Products's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹221.79. Suraj Products's Cyclically Adjusted PS Ratio for today is 1.16.

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

BOM:518075' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 1.05   Max: 5.23
Current: 1.21

During the past years, Suraj Products's highest Cyclically Adjusted PS Ratio was 5.23. The lowest was 0.10. And the median was 1.05.

BOM:518075's Cyclically Adjusted PS Ratio is ranked worse than
77.5% of 511 companies
in the Steel industry
Industry Median: 0.45 vs BOM:518075: 1.21

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.

Suraj Products's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹76.946. 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 ₹221.79 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Suraj Products  (BOM:518075) 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.


Suraj Products Cyclically Adjusted PS Ratio Related Terms


Suraj Products Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Suraj Products'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.

Suraj Products Cyclically Adjusted PS Ratio Chart

Suraj Products 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 0.83 0.83 2.45 2.23 0.82

Suraj Products 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 1.44 1.91 1.03 0.82 1.04

BOM:518075 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Suraj Products'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.


Suraj Products Cyclically Adjusted PS Ratio vs Steel Industry

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

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


BOM:518075
73GF Score
Suraj Products Ltd BOM:518075
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suraj Products 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.

Suraj Products's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=257.15/221.79
=1.16

* 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.

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

For example, Suraj Products'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)
=76.946/167.3573*167.3573
=76.946

Current CPI (Jun. 2026) = 167.3573.

Suraj Products Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 11.947 105.961 18.869
201612 10.802 105.196 17.185
201703 13.674 105.196 21.754
201706 9.335 107.109 14.586
201709 11.570 109.021 17.761
201712 13.283 109.404 20.319
201803 26.785 109.786 40.831
201806 27.377 111.317 41.160
201809 25.992 115.142 37.779
201812 15.995 115.142 23.249
201903 32.708 118.202 46.310
201906 26.523 120.880 36.721
201909 13.732 123.175 18.658
201912 23.546 126.235 31.216
202003 39.630 124.705 53.184
202006 41.496 127.000 54.682
202009 38.588 130.118 49.632
202012 48.175 130.889 61.597
202103 62.589 131.771 79.492
202106 61.872 134.084 77.226
202109 45.353 135.847 55.873
202112 48.126 138.161 58.296
202203 52.502 138.822 63.294
202206 65.783 142.347 77.341
202209 53.438 144.661 61.822
202212 40.879 145.763 46.935
202303 90.076 146.865 102.645
202306 97.565 150.280 108.652
202309 59.417 151.492 65.640
202312 64.595 152.924 70.691
202403 80.783 153.035 88.344
202406 81.204 155.789 87.234
202409 66.355 157.882 70.337
202412 59.028 158.323 62.396
202503 79.730 157.552 84.692
202506 70.829 159.755 74.199
202509 51.553 162.289 53.163
202512 57.416 163.281 58.849
202603 86.714 164.272 88.342
202606 76.946 167.357 76.946

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 1.16 mean?
Suraj Products (BOM:518075) has a Cyclically Adjusted PS Ratio of 1.16 as of Sep. 04, 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 Suraj Products and its competitors. This is 10% above median its historical median of 1.05. Over the past decade, Suraj Products' Cyclically Adjusted PS Ratio has ranged from 0.10 to 5.23. According to the industry distribution chart, Suraj Products ranks #396 out of 511 companies in the Steel industry, placing it in the top 77.5%.
Is Suraj Products' Cyclically Adjusted PS Ratio too high?
Suraj Products' current Cyclically Adjusted PS Ratio of 1.16 is 10% above median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 5.23. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Suraj Products' value of 1.16 is 157.8% above this industry median. Based on the distribution chart, Suraj Products ranks #396 out of 511 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Suraj Products has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Suraj Products' Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Suraj Products ranks #396 out of 511 companies for Cyclically Adjusted PS Ratio. This places Suraj Products in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Suraj Products' value of 1.16 is 157.8% above this benchmark. Historically, Suraj Products' own Cyclically Adjusted PS Ratio has ranged from 0.10 to 5.23 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 0.45, Suraj Products 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 511 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. Suraj Products's current Cyclically Adjusted PS Ratio of 1.16 is 157.8% 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 Suraj Products 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. Suraj Products's current Cyclically Adjusted PS Ratio is 1.16, which is 10% above median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suraj Products stock overvalued right now?
Based on GuruFocus' analysis, Suraj Products (BOM:518075) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹352.21, compared to a current price of ₹257.15 — trading 27% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.16, which is 10% above median its 10-year median of 1.05 and 157.8% above the Steel industry median of 0.45. Suraj Products' overall GF Score™ is 73/100 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 Suraj Products (BOM:518075), the current Cyclically Adjusted PS Ratio is 1.16 as of Sep. 04, 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 Suraj Products (BOM:518075) Overvalued in 2026?

Based on GuruFocus' analysis, Suraj Products stock appears to be undervalued. The current stock price of ₹257.15 is trading 27% below its estimated GF Value™ of ₹352.21. GuruFocus considers Suraj Products to be Modestly Undervalued.

Key valuation signals for BOM:518075:

  • Cyclically Adjusted PS Ratio: 1.16 (10% above median its 10-year median of 1.05)
  • GF Value™: ₹352.21 vs. price of ₹257.15 (27% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 157.8% above the Steel median (#396 of 511)

No single metric tells the full story. See the BOM:518075 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suraj Products Business Description

Address Village: Barpali, P.O. Kesaramal Rajgangpur, Sundargarh, OR, IND, 770017
Suraj Products Ltd is in production of Sponge Iron. The company has a single business segment finished products from Iron Ore. The company has products namely TMT Bar, Pig Iron, Sponge Iron, MS Ingot, and others.
73GF Score

Get the complete analysis for BOM:518075

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

₹257.15
Price
₹352.21
GF Value