Jayaswal NECO Industries (BOM:522285) Cyclically Adjusted PS Ratio: 1.20 (As of Aug. 07, 2026) — 76% Above Median

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BOM:522285 Jayaswal NECO Industries Ltd BOM:522285
61 GF Score
Price ₹92.66
GF Value ₹61.26
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Jayaswal NECO Industries Cyclically Adjusted PS Ratio?

Jayaswal NECO Industries BOM:522285 +0.89% 61 Cyclically Adjusted PS Ratio is 1.20 as of Aug. 07, 2026, which is 76% above its 10-year median of 0.68. GuruFocus rates BOM:522285 with a GF Score™ of 61/100 and a GF Value™ of ₹61.26 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 515 Steel companies, Jayaswal NECO Industries ranks worse than 76.12% on this metric.

As of today (2026-08-07), Jayaswal NECO Industries's current share price is ₹92.66. Jayaswal NECO Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹77.48. Jayaswal NECO Industries's Cyclically Adjusted PS Ratio for today is 1.20.

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

BOM:522285' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.68   Max: 1.51
Current: 1.12

During the past years, Jayaswal NECO Industries's highest Cyclically Adjusted PS Ratio was 1.51. The lowest was 0.41. And the median was 0.68.

BOM:522285's Cyclically Adjusted PS Ratio is ranked worse than
76.12% of 515 companies
in the Steel industry
Industry Median: 0.45 vs BOM:522285: 1.12

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.

Jayaswal NECO Industries's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹21.726. 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 ₹77.48 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jayaswal NECO Industries  (BOM:522285) 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.


Jayaswal NECO Industries Cyclically Adjusted PS Ratio Related Terms


Jayaswal NECO Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Jayaswal NECO 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.

Jayaswal NECO Industries Cyclically Adjusted PS Ratio Chart

Jayaswal NECO 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 0.00 0.00 0.66 0.41 0.94

Jayaswal NECO Industries 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 0.51 0.90 1.16 0.94 1.10

BOM:522285 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Jayaswal NECO 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.


Jayaswal NECO Industries Cyclically Adjusted PS Ratio vs Steel Industry

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

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


BOM:522285
61GF Score
Jayaswal NECO Industries Ltd BOM:522285
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jayaswal NECO 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.

Jayaswal NECO Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=92.66/77.48
=1.20

* 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.

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

For example, Jayaswal NECO Industries'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)
=21.726/166.1454*166.1454
=21.726

Current CPI (Jun. 2026) = 166.1454.

Jayaswal NECO Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 9.883 105.961 15.496
201612 9.565 105.196 15.107
201703 11.051 105.196 17.454
201706 12.339 107.109 19.140
201709 13.012 109.021 19.830
201712 12.840 109.404 19.499
201803 16.230 109.786 24.562
201806 15.836 111.317 23.636
201809 18.262 115.142 26.351
201812 17.005 115.142 24.538
201903 14.952 118.202 21.017
201906 17.372 120.880 23.877
201909 13.191 123.175 17.793
201912 13.801 126.235 18.164
202003 12.333 124.705 16.431
202006 4.887 127.000 6.393
202009 14.199 130.118 18.130
202012 17.997 130.889 22.845
202103 20.660 131.771 26.050
202106 21.793 134.084 27.004
202109 25.048 135.847 30.635
202112 15.744 138.161 18.933
202203 15.546 138.822 18.606
202206 15.771 142.347 18.408
202209 17.110 144.661 19.651
202212 17.242 145.763 19.653
202303 15.077 146.865 17.056
202306 14.863 150.280 16.432
202309 15.407 151.492 16.897
202312 15.955 152.924 17.334
202403 14.491 153.035 15.732
202406 14.975 155.789 15.971
202409 12.585 157.882 13.244
202412 17.014 158.323 17.855
202503 17.307 157.552 18.251
202506 17.022 159.755 17.703
202509 18.296 162.289 18.731
202512 17.718 163.281 18.029
202603 20.376 164.272 20.608
202606 21.726 166.145 21.726

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 1.20 mean?
Jayaswal NECO Industries (BOM:522285) has a Cyclically Adjusted PS Ratio of 1.20 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 Jayaswal NECO Industries and its competitors. This is 76% above median its historical median of 0.68. Over the past decade, Jayaswal NECO Industries' Cyclically Adjusted PS Ratio has ranged from 0.41 to 1.51. According to the industry distribution chart, Jayaswal NECO Industries ranks #392 out of 515 companies in the Steel industry, placing it in the top 76.1%.
Is Jayaswal NECO Industries' Cyclically Adjusted PS Ratio too high?
Jayaswal NECO Industries' current Cyclically Adjusted PS Ratio of 1.20 is 76% above median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.51. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Jayaswal NECO Industries' value of 1.20 is 166.7% above this industry median. Based on the distribution chart, Jayaswal NECO Industries ranks #392 out of 515 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Jayaswal NECO Industries has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jayaswal NECO Industries' Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Jayaswal NECO Industries ranks #392 out of 515 companies for Cyclically Adjusted PS Ratio. This places Jayaswal NECO Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Jayaswal NECO Industries' value of 1.20 is 166.7% above this benchmark. Historically, Jayaswal NECO Industries' own Cyclically Adjusted PS Ratio has ranged from 0.41 to 1.51 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 0.45, Jayaswal NECO 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 0.45, based on 515 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. Jayaswal NECO Industries's current Cyclically Adjusted PS Ratio of 1.20 is 166.7% 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 Jayaswal NECO Industries 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. Jayaswal NECO Industries's current Cyclically Adjusted PS Ratio is 1.20, which is 76% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jayaswal NECO Industries stock overvalued right now?
Based on GuruFocus' analysis, Jayaswal NECO Industries (BOM:522285) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹61.26, compared to a current price of ₹92.66 — trading 51.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.20, which is 76% above median its 10-year median of 0.68 and 166.7% above the Steel industry median of 0.45. Jayaswal NECO Industries' overall GF Score™ is 61/100 with 1 warning sign 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 Jayaswal NECO Industries (BOM:522285), the current Cyclically Adjusted PS Ratio is 1.20 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 Jayaswal NECO Industries (BOM:522285) Overvalued in 2026?

Based on GuruFocus' analysis, Jayaswal NECO Industries stock appears to be overvalued. The current stock price of ₹92.66 is trading 51.3% above its estimated GF Value™ of ₹61.26. GuruFocus considers Jayaswal NECO Industries to be Significantly Overvalued.

Key valuation signals for BOM:522285:

  • Cyclically Adjusted PS Ratio: 1.20 (76% above median its 10-year median of 0.68)
  • GF Value™: ₹61.26 vs. price of ₹92.66 (51.3% above fair value)
  • GF Score™: 61/100 with 1 warning sign
  • Industry Position: 166.7% above the Steel median (#392 of 515)

No single metric tells the full story. See the BOM:522285 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jayaswal NECO Industries Business Description

Other Exchanges JAYNECOIND:India
Address D-3/1, Central MIDC Road, Hingna MIDC Industrial Area, Nagpur, MH, IND, 440016
Jayaswal NECO Industries Ltd is engaged in the manufacture and supply of pig iron, sponge iron, pellet, steel, and Iron and steel casting. It specializes in the manufacture and supply of graded steels made in the form of billets, blooms and slabs from virgin metal. The company supplies steel in cast, rolled, wire, annealed, and bright bar forms catering to the demands of various engineering, industrial, construction, automotive, power, and railway industries. Its product-wise operating segments are Steel which derives key revenue, Iron and Steel Castings, and Others. Geographically, the company caters to both Indian and international markets of which, a majority of its revenue is generated from its business in India.
61GF Score

Get the complete analysis for BOM:522285

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

₹92.66
Price
₹61.26
GF Value