Axtel Industries (BOM:523850) Cyclically Adjusted PS Ratio: 3.66 (As of Sep. 04, 2026) — 20% Below Median

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BOM:523850 Axtel Industries Ltd BOM:523850
77 GF Score
Price ₹394.65
GF Value ₹616.77
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Axtel Industries Cyclically Adjusted PS Ratio?

Axtel Industries BOM:523850 +0.25% 77 Cyclically Adjusted PS Ratio is 3.66 as of Sep. 04, 2026, which is 20% below its 10-year median of 4.60. GuruFocus rates BOM:523850 with a GF Score™ of 77/100 and a GF Value™ of ₹616.77 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,283 Industrial Products companies, Axtel Industries ranks worse than 71.79% on this metric.

As of today (2026-09-04), Axtel Industries's current share price is ₹394.65. Axtel Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹107.88. Axtel Industries's Cyclically Adjusted PS Ratio for today is 3.66.

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

BOM:523850' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.69   Med: 4.6   Max: 8.85
Current: 3.67

During the past years, Axtel Industries's highest Cyclically Adjusted PS Ratio was 8.85. The lowest was 2.69. And the median was 4.60.

BOM:523850's Cyclically Adjusted PS Ratio is ranked worse than
71.79% of 2283 companies
in the Industrial Products industry
Industry Median: 1.8 vs BOM:523850: 3.67

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.

Axtel Industries's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹19.973. 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 ₹107.88 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axtel Industries  (BOM:523850) 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.


Axtel Industries Cyclically Adjusted PS Ratio Related Terms


Axtel Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Axtel 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.

Axtel Industries Cyclically Adjusted PS Ratio Chart

Axtel 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 3.75 3.19 7.64 5.01 3.49

Axtel 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 4.97 4.68 4.36 3.49 4.08

BOM:523850 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Axtel 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.


Axtel Industries Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Axtel Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:523850
77GF Score
Axtel Industries Ltd BOM:523850
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axtel 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=394.65/107.88
=3.66

* 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.

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

For example, Axtel 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)
=19.973/167.3573*167.3573
=19.973

Current CPI (Jun. 2026) = 167.3573.

Axtel Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 8.857 105.961 13.989
201612 11.520 105.196 18.327
201703 18.999 105.196 30.226
201706 8.962 107.109 14.003
201709 14.998 109.021 23.023
201712 8.894 109.404 13.605
201803 18.657 109.786 28.441
201806 13.238 111.317 19.902
201809 18.762 115.142 27.270
201812 17.923 115.142 26.051
201903 14.768 118.202 20.909
201906 11.098 120.880 15.365
201909 19.069 123.175 25.909
201912 17.027 126.235 22.574
202003 11.536 124.705 15.482
202006 19.346 127.000 25.494
202009 24.847 130.118 31.958
202012 27.475 130.889 35.130
202103 20.979 131.771 26.645
202106 14.974 134.084 18.690
202109 16.340 135.847 20.130
202112 23.506 138.161 28.473
202203 30.813 138.822 37.147
202206 18.749 142.347 22.043
202209 25.974 144.661 30.049
202212 25.047 145.763 28.758
202303 32.808 146.865 37.386
202306 29.620 150.280 32.986
202309 43.009 151.492 47.513
202312 33.299 152.924 36.442
202403 22.947 153.035 25.095
202406 27.616 155.789 29.667
202409 34.567 157.882 36.641
202412 25.058 158.323 26.488
202503 23.309 157.552 24.760
202506 16.798 159.755 17.597
202509 41.634 162.289 42.934
202512 36.300 163.281 37.206
202603 43.683 164.272 44.503
202606 19.973 167.357 19.973

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 3.66 mean?
Axtel Industries (BOM:523850) has a Cyclically Adjusted PS Ratio of 3.66 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 Axtel Industries and its competitors. This is 20% below median its historical median of 4.60. Over the past decade, Axtel Industries' Cyclically Adjusted PS Ratio has ranged from 2.69 to 8.85. According to the industry distribution chart, Axtel Industries ranks #1639 out of 2283 companies in the Industrial Products industry, placing it in the top 71.8%.
Is Axtel Industries' Cyclically Adjusted PS Ratio too high?
Axtel Industries' current Cyclically Adjusted PS Ratio of 3.66 is 20% below median its 10-year median of 4.60. Over the past 10 years, this metric has ranged from a low of 2.69 to a high of 8.85. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.80. Axtel Industries' value of 3.66 is 103.3% above this industry median. Based on the distribution chart, Axtel Industries ranks #1639 out of 2283 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Axtel Industries has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Axtel Industries' Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Axtel Industries ranks #1639 out of 2283 companies for Cyclically Adjusted PS Ratio. This places Axtel Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.80. Axtel Industries' value of 3.66 is 103.3% above this benchmark. Historically, Axtel Industries' own Cyclically Adjusted PS Ratio has ranged from 2.69 to 8.85 over the past decade. While the company's 10-year median is 4.60 vs. the industry median of 1.80, Axtel 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.80, based on 2,283 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. Axtel Industries's current Cyclically Adjusted PS Ratio of 3.66 is 103.3% 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 Axtel Industries and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axtel Industries's current Cyclically Adjusted PS Ratio is 3.66, which is 20% below median its own 10-year median of 4.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axtel Industries stock overvalued right now?
Based on GuruFocus' analysis, Axtel Industries (BOM:523850) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹616.77, compared to a current price of ₹394.65 — trading 36% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.66, which is 20% below median its 10-year median of 4.60 and 103.3% above the Industrial Products industry median of 1.80. Axtel Industries' overall GF Score™ is 77/100 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 Axtel Industries (BOM:523850), the current Cyclically Adjusted PS Ratio is 3.66 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 Axtel Industries (BOM:523850) Overvalued in 2026?

Based on GuruFocus' analysis, Axtel Industries stock appears to be undervalued. The current stock price of ₹394.65 is trading 36% below its estimated GF Value™ of ₹616.77. GuruFocus considers Axtel Industries to be Significantly Undervalued.

Key valuation signals for BOM:523850:

  • Cyclically Adjusted PS Ratio: 3.66 (20% below median its 10-year median of 4.60)
  • GF Value™: ₹616.77 vs. price of ₹394.65 (36% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 103.3% above the Industrial Products median (#1639 of 2283)

No single metric tells the full story. See the BOM:523850 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Axtel Industries Business Description

Other Exchanges AXTEL:India
Address Vadodara-Halol Highway, Baska, Plot No. 43/1, Village Nurpura, District Panchmahal, Halol, GJ, IND, 389350
Axtel Industries Ltd is engaged in the business of manufacturing process engineering equipment for food processing Industries. The company offers various food processing systems, such as size reduction systems, mixing systems, spice processing systems, and steam sterilization systems, etc. In addition, it also offers a wide range of process equipment such as belt conveyors, bulk loaders, storage tanks, hammer mills, and other equipment for mixing and blending, storage, solids handling, and other applications. The company has only one segment of manufacturing food processing instruments and equipments. Geographically, it derives maximum revenue from its business within India, and also has some exposure to other markets.
77GF Score

Get the complete analysis for BOM:523850

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

₹394.65
Price
₹616.77
GF Value