Conart Engineers (BOM:522231) Cyclically Adjusted PS Ratio: 1.37 (As of Aug. 07, 2026) — 163% Above Median

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BOM:522231 Conart Engineers Ltd BOM:522231
82 GF Score
Price ₹93.68
GF Value ₹92.08
Valuation Fairly Valued
! 2 Warning Signs
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What is Conart Engineers Cyclically Adjusted PS Ratio?

Conart Engineers BOM:522231 +7.47% 82 Cyclically Adjusted PS Ratio is 1.37 as of Aug. 07, 2026, which is 163% above its 10-year median of 0.52. GuruFocus rates BOM:522231 with a GF Score™ of 82/100 and a GF Value™ of ₹92.08 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,367 Construction companies, Conart Engineers ranks worse than 68.25% on this metric.

As of today (2026-08-07), Conart Engineers's current share price is ₹93.68. Conart Engineers's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹68.27. Conart Engineers's Cyclically Adjusted PS Ratio for today is 1.37.

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

BOM:522231' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.52   Max: 2.7
Current: 1.29

During the past years, Conart Engineers's highest Cyclically Adjusted PS Ratio was 2.70. The lowest was 0.28. And the median was 0.52.

BOM:522231's Cyclically Adjusted PS Ratio is ranked worse than
68.25% of 1367 companies
in the Construction industry
Industry Median: 0.7 vs BOM:522231: 1.29

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.

Conart Engineers's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹24.795. 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 ₹68.27 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Conart Engineers  (BOM:522231) 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.


Conart Engineers Cyclically Adjusted PS Ratio Related Terms


Conart Engineers Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Conart Engineers'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.

Conart Engineers Cyclically Adjusted PS Ratio Chart

Conart Engineers 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 0.35 0.39 0.82 1.15 0.92

Conart Engineers 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 1.15 1.80 1.40 1.51 0.92

BOM:522231 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Conart Engineers'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.


Conart Engineers Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Conart Engineers's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:522231
82GF Score
Conart Engineers Ltd BOM:522231
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Conart Engineers 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.

Conart Engineers's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=93.68/68.27
=1.37

* 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.

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

For example, Conart Engineers'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)
=24.795/164.2724*164.2724
=24.795

Current CPI (Mar. 2026) = 164.2724.

Conart Engineers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 7.364 105.961 11.416
201609 8.277 105.961 12.832
201612 2.950 105.196 4.607
201703 15.532 105.196 24.255
201706 12.698 107.109 19.475
201709 0.942 109.021 1.419
201712 9.389 109.404 14.098
201803 11.576 109.786 17.321
201806 7.305 111.317 10.780
201809 13.701 115.142 19.547
201812 10.434 115.142 14.886
201903 17.890 118.202 24.863
201906 5.997 120.880 8.150
201909 10.957 123.175 14.613
201912 8.255 126.235 10.742
202003 14.932 124.705 19.670
202006 3.108 127.000 4.020
202009 9.683 130.118 12.225
202012 5.666 130.889 7.111
202103 16.328 131.771 20.355
202106 7.867 134.084 9.638
202109 17.666 135.847 21.363
202112 14.491 138.161 17.230
202203 18.190 138.822 21.525
202206 9.056 142.347 10.451
202209 21.132 144.661 23.997
202212 12.739 145.763 14.357
202303 13.619 146.865 15.233
202306 13.902 150.280 15.196
202309 18.517 151.492 20.079
202312 21.903 152.924 23.528
202403 23.570 153.035 25.301
202406 15.796 155.789 16.656
202409 16.835 157.882 17.516
202412 22.544 158.323 23.391
202503 33.247 157.552 34.665
202506 23.430 159.755 24.093
202509 25.875 162.289 26.191
202512 24.930 163.281 25.081
202603 24.795 164.272 24.795

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 1.37 mean?
Conart Engineers (BOM:522231) has a Cyclically Adjusted PS Ratio of 1.37 as of Aug. 07, 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 Conart Engineers and its competitors. This is 163% above median its historical median of 0.52. Over the past decade, Conart Engineers' Cyclically Adjusted PS Ratio has ranged from 0.28 to 2.70. According to the industry distribution chart, Conart Engineers ranks #933 out of 1367 companies in the Construction industry, placing it in the top 68.3%.
Is Conart Engineers' Cyclically Adjusted PS Ratio too high?
Conart Engineers' current Cyclically Adjusted PS Ratio of 1.37 is 163% above median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 2.70. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Conart Engineers' value of 1.37 is 95.7% above this industry median. Based on the distribution chart, Conart Engineers ranks #933 out of 1367 companies in the Construction industry, which is below the industry midpoint. Overall, Conart Engineers has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Conart Engineers' Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Conart Engineers ranks #933 out of 1367 companies for Cyclically Adjusted PS Ratio. This places Conart Engineers in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Conart Engineers' value of 1.37 is 95.7% above this benchmark. Historically, Conart Engineers' own Cyclically Adjusted PS Ratio has ranged from 0.28 to 2.70 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.70, Conart Engineers 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,367 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. Conart Engineers's current Cyclically Adjusted PS Ratio of 1.37 is 95.7% 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 Conart Engineers and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Conart Engineers's current Cyclically Adjusted PS Ratio is 1.37, which is 163% above median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conart Engineers stock overvalued right now?
Based on GuruFocus' analysis, Conart Engineers (BOM:522231) is currently considered Fairly Valued. The stock's GF Value™ is ₹92.08, compared to a current price of ₹93.68 — trading 1.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.37, which is 163% above median its 10-year median of 0.52 and 95.7% above the Construction industry median of 0.70. Conart Engineers' overall GF Score™ is 82/100 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 Conart Engineers (BOM:522231), the current Cyclically Adjusted PS Ratio is 1.37 as of Aug. 07, 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 Conart Engineers (BOM:522231) Overvalued in 2026?

Based on GuruFocus' analysis, Conart Engineers stock appears to be overvalued. The current stock price of ₹93.68 is trading 1.7% above its estimated GF Value™ of ₹92.08. GuruFocus considers Conart Engineers to be Fairly Valued.

Key valuation signals for BOM:522231:

  • Cyclically Adjusted PS Ratio: 1.37 (163% above median its 10-year median of 0.52)
  • GF Value™: ₹92.08 vs. price of ₹93.68 (1.7% above fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 95.7% above the Construction median (#933 of 1367)

No single metric tells the full story. See the BOM:522231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Conart Engineers Business Description

Address 3rd Road Old Khar, 17, Ground Floor, Jay Bharat Society, Near Solanki Palace, Khar (West), Mumbai, MH, IND, 400052
Conart Engineers Ltd is a building and civil construction firm in India. It is engaged in providing general contracting and project management services for industrial, commercial, and residential construction projects. It provides services to sectors like Heavy Machinery, Pharmaceuticals, Chemicals, Textiles, and Education. Services such as General Contracting, Design Built, and Turnkey Services include cost monitoring and control, schedule development and control, safety assurance, project accounting, change management, quality control, field engineering and site management, and subcontractor management.
82GF Score

Get the complete analysis for BOM:522231

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

₹93.68
Price
₹92.08
GF Value