Electrotherm (India) (BOM:526608) Cyclically Adjusted PS Ratio: 0.32 (As of Aug. 03, 2026) — 10% Above Median

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BOM:526608 Electrotherm (India) Ltd BOM:526608
54 GF Score
Price ₹1,004.70
GF Value ₹731.09
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Electrotherm (India) Cyclically Adjusted PS Ratio?

Electrotherm (India) BOM:526608 -0.35% 54 Cyclically Adjusted PS Ratio is 0.32 as of Aug. 03, 2026, which is 10% above its 10-year median of 0.29. GuruFocus rates BOM:526608 with a GF Score™ of 54/100 and a GF Value™ of ₹731.09 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 515 Steel companies, Electrotherm (India) ranks better than 60.97% on this metric.

As of today (2026-08-03), Electrotherm (India)'s current share price is ₹1004.70. Electrotherm (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹3,152.33. Electrotherm (India)'s Cyclically Adjusted PS Ratio for today is 0.32.

The historical rank and industry rank for Electrotherm (India)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:526608' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.29   Max: 0.47
Current: 0.32

During the past years, Electrotherm (India)'s highest Cyclically Adjusted PS Ratio was 0.47. The lowest was 0.18. And the median was 0.29.

BOM:526608's Cyclically Adjusted PS Ratio is ranked better than
60.97% of 515 companies
in the Steel industry
Industry Median: 0.45 vs BOM:526608: 0.32

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.

Electrotherm (India)'s adjusted revenue per share data for the three months ended in Mar. 2026 was ₹894.952. 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 ₹3,152.33 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Electrotherm (India)  (BOM:526608) 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.


Electrotherm (India) Cyclically Adjusted PS Ratio Related Terms


Electrotherm (India) Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Electrotherm (India)'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.

Electrotherm (India) Cyclically Adjusted PS Ratio Chart

Electrotherm (India) 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 0.19 0.28 0.18

Electrotherm (India) 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 0.28 0.39 0.32 0.28 0.18

BOM:526608 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Electrotherm (India)'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.


Electrotherm (India) Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Electrotherm (India)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Electrotherm (India)'s Cyclically Adjusted PS Ratio falls into.


BOM:526608
54GF Score
Electrotherm (India) Ltd BOM:526608
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Electrotherm (India) 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.

Electrotherm (India)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1004.70/3152.33
=0.32

* 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.

Electrotherm (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Electrotherm (India)'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)
=894.952/164.2724*164.2724
=894.952

Current CPI (Mar. 2026) = 164.2724.

Electrotherm (India) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201209 0.000 82.244 0.000
201306 187.350 88.365 348.289
201309 419.783 91.042 757.436
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 822.152 111.317 1,213.269
201809 706.648 115.142 1,008.171
201812 862.061 115.142 1,229.898
201903 781.844 118.202 1,086.575
201906 752.060 120.880 1,022.029
201909 574.011 123.175 765.530
201912 565.663 126.235 736.108
202003 633.834 124.705 834.941
202006 253.890 127.000 328.402
202009 433.611 130.118 547.429
202012 588.414 130.889 738.489
202103 702.543 131.771 875.829
202106 545.649 134.084 668.498
202109 564.017 135.847 682.035
202112 636.298 138.161 756.555
202203 472.576 138.822 559.215
202206 532.470 142.347 614.483
202209 586.839 144.661 666.395
202212 482.898 145.763 544.219
202303 802.880 146.865 898.045
202306 731.122 150.280 799.195
202309 773.334 151.492 838.575
202312 892.724 152.924 958.971
202403 945.922 153.035 1,015.385
202406 831.538 155.789 876.819
202409 638.681 157.882 664.531
202412 848.689 158.323 880.581
202503 911.366 157.552 950.242
202506 654.619 159.755 673.129
202509 639.137 162.289 646.947
202512 709.356 163.281 713.664
202603 894.952 164.272 894.952

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 0.32 mean?
Electrotherm (India) (BOM:526608) has a Cyclically Adjusted PS Ratio of 0.32 as of Aug. 03, 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 Electrotherm (India) and its competitors. This is 10% above median its historical median of 0.29. Over the past decade, Electrotherm (India)'s Cyclically Adjusted PS Ratio has ranged from 0.18 to 0.47. According to the industry distribution chart, Electrotherm (India) ranks #201 out of 515 companies in the Steel industry, placing it in the top 39%.
Is Electrotherm (India)'s Cyclically Adjusted PS Ratio too high?
Electrotherm (India)'s current Cyclically Adjusted PS Ratio of 0.32 is 10% above median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.47. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Electrotherm (India)'s value of 0.32 is 28.9% below this industry median. Based on the distribution chart, Electrotherm (India) ranks #201 out of 515 companies in the Steel industry, which is above the industry midpoint. Overall, Electrotherm (India) has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Electrotherm (India)'s Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Electrotherm (India) ranks #201 out of 515 companies for Cyclically Adjusted PS Ratio. This puts Electrotherm (India) in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Electrotherm (India)'s value of 0.32 is 28.9% below this benchmark. Historically, Electrotherm (India)'s own Cyclically Adjusted PS Ratio has ranged from 0.18 to 0.47 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 0.45, Electrotherm (India) has consistently been below 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. Electrotherm (India)'s current Cyclically Adjusted PS Ratio of 0.32 is 28.9% below 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 Electrotherm (India) 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. Electrotherm (India)'s current Cyclically Adjusted PS Ratio is 0.32, which is 10% above median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electrotherm (India) stock overvalued right now?
Based on GuruFocus' analysis, Electrotherm (India) (BOM:526608) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹731.09, compared to a current price of ₹1,004.70 — trading 37.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.32, which is 10% above median its 10-year median of 0.29 and 28.9% below the Steel industry median of 0.45. Electrotherm (India)'s overall GF Score™ is 54/100 with 4 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 Electrotherm (India) (BOM:526608), the current Cyclically Adjusted PS Ratio is 0.32 as of Aug. 03, 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 Electrotherm (India) (BOM:526608) Overvalued in 2026?

Based on GuruFocus' analysis, Electrotherm (India) stock appears to be overvalued. The current stock price of ₹1,004.70 is trading 37.4% above its estimated GF Value™ of ₹731.09. GuruFocus considers Electrotherm (India) to be Significantly Overvalued.

Key valuation signals for BOM:526608:

  • Cyclically Adjusted PS Ratio: 0.32 (10% above median its 10-year median of 0.29)
  • GF Value™: ₹731.09 vs. price of ₹1,004.70 (37.4% above fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 28.9% below the Steel median (#201 of 515)

No single metric tells the full story. See the BOM:526608 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Electrotherm (India) Business Description

Other Exchanges ELECTHERM:India
Address Survey Number 72, Taluka Kalol, Palodia, Via Thaltej, Gandhinagar, Ahmedabad, GJ, IND, 382115
Electrotherm (India) Ltd is an Indian company involved in the metal fabrication business sector. The company manufactures induction furnaces, casting machines, transformers, sponge and pig iron, ferrous and non-ferrous billets/ bars/ ingots, ductile iron pipes, transmission line towers, battery-operated vehicles and services relating to steel melting, and other capital equipment. The operating segments of the company include Engineering and Technology, Special Steel, Electric Vehicles, and Others. The company generates maximum revenue from the Special Steel segment. Geographically, the company derives revenue from India.
54GF Score

Get the complete analysis for BOM:526608

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

₹1,004.70
Price
₹731.09
GF Value