Electrotherm (India) (BOM:526608) Cyclically Adjusted PS Ratio: (As of Aug. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:526608 Electrotherm (India) Ltd BOM:526608
55 GF Score
Price ₹1,029.80
GF Value ₹733.22
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Electrotherm (India) Cyclically Adjusted PS Ratio?

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
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 0.39 0.32 0.28 0.18 0.00

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
55GF 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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Electrotherm (India)'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)
=716.995/167.3573*167.3573
=716.995

Current CPI (Jun. 2026) = 167.3573.

Electrotherm (India) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201306 187.350 88.365 354.829
201309 419.783 91.042 771.660
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 1,236.053
201809 706.648 115.142 1,027.104
201812 862.061 115.142 1,252.995
201903 781.844 118.202 1,106.979
201906 752.060 120.880 1,041.222
201909 574.011 123.175 779.906
201912 565.663 126.235 749.932
202003 633.834 124.705 850.621
202006 253.890 127.000 334.569
202009 433.611 130.118 557.709
202012 588.414 130.889 752.357
202103 702.543 131.771 892.276
202106 545.649 134.084 681.052
202109 564.017 135.847 694.843
202112 636.298 138.161 770.763
202203 472.576 138.822 569.716
202206 532.470 142.347 626.023
202209 586.839 144.661 678.909
202212 482.898 145.763 554.438
202303 802.880 146.865 914.910
202306 731.122 150.280 814.204
202309 773.334 151.492 854.323
202312 892.724 152.924 976.979
202403 945.922 153.035 1,034.453
202406 831.538 155.789 893.285
202409 638.681 157.882 677.011
202412 848.689 158.323 897.118
202503 911.366 157.552 968.087
202506 654.619 159.755 685.770
202509 639.137 162.289 659.096
202512 709.356 163.281 727.066
202603 894.952 164.272 911.758
202606 716.995 167.357 716.995

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.

Is Electrotherm (India) (BOM:526608) Overvalued in 2026?

Based on GuruFocus' analysis, Electrotherm (India) stock appears to be overvalued. The current stock price of ₹1,029.80 is trading 40.4% above its estimated GF Value™ of ₹733.22. GuruFocus considers Electrotherm (India) to be Significantly Overvalued.

Key valuation signals for BOM:526608:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹733.22 vs. price of ₹1,029.80 (40.4% above fair value)
  • GF Score™: 55/100 with 4 warning signs

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.
55GF 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.

₹1,029.80
Price
₹733.22
GF Value