Ashirwad Steels & Industries (BOM:526847) Cyclically Adjusted PS Ratio: 5.24 (As of Sep. 03, 2026) — Near Median

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BOM:526847 Ashirwad Steels & Industries Ltd BOM:526847
34 GF Score
Price ₹22.99
! 1 Warning Sign
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What is Ashirwad Steels & Industries Cyclically Adjusted PS Ratio?

Ashirwad Steels & Industries BOM:526847 -1.37% 34 Cyclically Adjusted PS Ratio is 5.24 as of Sep. 03, 2026, which is 1% above its 10-year median of 5.17. GuruFocus rates BOM:526847 with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 511 Steel companies, Ashirwad Steels & Industries ranks worse than 96.48% on this metric.

As of today (2026-09-03), Ashirwad Steels & Industries's current share price is ₹22.99. Ashirwad Steels & Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹4.39. Ashirwad Steels & Industries's Cyclically Adjusted PS Ratio for today is 5.24.

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

BOM:526847' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 5.17   Max: 13.98
Current: 5.44

During the past years, Ashirwad Steels & Industries's highest Cyclically Adjusted PS Ratio was 13.98. The lowest was 0.26. And the median was 5.17.

BOM:526847's Cyclically Adjusted PS Ratio is ranked worse than
96.48% of 511 companies
in the Steel industry
Industry Median: 0.46 vs BOM:526847: 5.44

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.

Ashirwad Steels & Industries's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹0.432. 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 ₹4.39 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ashirwad Steels & Industries  (BOM:526847) 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.


Ashirwad Steels & Industries Cyclically Adjusted PS Ratio Related Terms


Ashirwad Steels & Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ashirwad Steels & 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.

Ashirwad Steels & Industries Cyclically Adjusted PS Ratio Chart

Ashirwad Steels & 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 1.20 2.85 8.34 7.68 3.98

Ashirwad Steels & 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 8.00 7.49 6.76 3.98 5.34

BOM:526847 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Ashirwad Steels & 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.


Ashirwad Steels & Industries Cyclically Adjusted PS Ratio vs Steel Industry

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

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


BOM:526847
34GF Score
Ashirwad Steels & Industries Ltd BOM:526847
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashirwad Steels & 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.

Ashirwad Steels & Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.99/4.39
=5.24

* 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.

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

For example, Ashirwad Steels & 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)
=0.432/167.3573*167.3573
=0.432

Current CPI (Jun. 2026) = 167.3573.

Ashirwad Steels & Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.159 105.961 0.251
201612 0.755 105.196 1.201
201703 0.423 105.196 0.673
201706 5.177 107.109 8.089
201709 4.203 109.021 6.452
201712 3.605 109.404 5.515
201803 4.259 109.786 6.492
201806 1.455 111.317 2.188
201809 0.175 115.142 0.254
201812 0.140 115.142 0.203
201903 -0.393 118.202 -0.556
201906 1.065 120.880 1.474
201909 0.215 123.175 0.292
201912 0.195 126.235 0.259
202003 4.159 124.705 5.581
202006 0.655 127.000 0.863
202009 0.204 130.118 0.262
202012 0.205 130.889 0.262
202103 -0.614 131.771 -0.780
202106 0.216 134.084 0.270
202109 0.214 135.847 0.264
202112 0.216 138.161 0.262
202203 -0.648 138.822 -0.781
202206 0.226 142.347 0.266
202209 0.076 144.661 0.088
202212 0.000 145.763 0.000
202303 -0.304 146.865 -0.346
202306 0.124 150.280 0.138
202309 0.188 151.492 0.208
202312 0.272 152.924 0.298
202403 -0.575 153.035 -0.629
202406 0.281 155.789 0.302
202409 0.224 157.882 0.237
202412 0.275 158.323 0.291
202503 0.664 157.552 0.705
202506 0.323 159.755 0.338
202509 0.382 162.289 0.394
202512 0.439 163.281 0.450
202603 0.653 164.272 0.665
202606 0.432 167.357 0.432

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 5.24 mean?
Ashirwad Steels & Industries (BOM:526847) has a Cyclically Adjusted PS Ratio of 5.24 as of Sep. 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 Ashirwad Steels & Industries and its competitors. This is near median its historical median of 5.17. Over the past decade, Ashirwad Steels & Industries' Cyclically Adjusted PS Ratio has ranged from 0.26 to 13.98. According to the industry distribution chart, Ashirwad Steels & Industries ranks #493 out of 511 companies in the Steel industry, placing it in the top 96.5%.
Is Ashirwad Steels & Industries' Cyclically Adjusted PS Ratio too high?
Ashirwad Steels & Industries' current Cyclically Adjusted PS Ratio of 5.24 is near median its 10-year median of 5.17. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 13.98. The Steel industry median Cyclically Adjusted PS Ratio is 0.46. Ashirwad Steels & Industries' value of 5.24 is 1039.1% above this industry median. Based on the distribution chart, Ashirwad Steels & Industries ranks #493 out of 511 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Ashirwad Steels & Industries has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Ashirwad Steels & Industries' Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Ashirwad Steels & Industries ranks #493 out of 511 companies for Cyclically Adjusted PS Ratio. This places Ashirwad Steels & Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.46. Ashirwad Steels & Industries' value of 5.24 is 1039.1% above this benchmark. Historically, Ashirwad Steels & Industries' own Cyclically Adjusted PS Ratio has ranged from 0.26 to 13.98 over the past decade. While the company's 10-year median is 5.17 vs. the industry median of 0.46, Ashirwad Steels & 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 0.46, based on 511 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. Ashirwad Steels & Industries's current Cyclically Adjusted PS Ratio of 5.24 is 1039.1% 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 Ashirwad Steels & Industries and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashirwad Steels & Industries's current Cyclically Adjusted PS Ratio is 5.24, which is near median its own 10-year median of 5.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashirwad Steels & Industries stock overvalued right now?
Ashirwad Steels & Industries (BOM:526847) has a current Cyclically Adjusted PS Ratio of 5.24. The current Cyclically Adjusted PS Ratio is 5.24, which is near median its 10-year median of 5.17 and 1039.1% above the Steel industry median of 0.46. Ashirwad Steels & Industries' overall GF Score™ is 34/100 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 Ashirwad Steels & Industries (BOM:526847), the current Cyclically Adjusted PS Ratio is 5.24 as of Sep. 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.

Ashirwad Steels & Industries Business Description

Address 6, Waterloo Street, 5th Floor, Suite No. 506, Kolkata, WB, IND, 700069
Ashirwad Steels & Industries Ltd is an Indian company, currently engaged in lending funds and investing in shares and securities.
34GF Score

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

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