National Fittings (BOM:531289) Cyclically Adjusted PS Ratio: 1.83 (As of Aug. 27, 2026) — 62% Above Median

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BOM:531289 National Fittings Ltd BOM:531289
76 GF Score
Price ₹175.00
GF Value ₹177.63
Valuation Fairly Valued
! 1 Warning Sign
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What is National Fittings Cyclically Adjusted PS Ratio?

National Fittings BOM:531289 +3.83% 76 Cyclically Adjusted PS Ratio is 1.83 as of Aug. 27, 2026, which is 62% above its 10-year median of 1.13. GuruFocus rates BOM:531289 with a GF Score™ of 76/100 and a GF Value™ of ₹177.63 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,368 Construction companies, National Fittings ranks worse than 77.19% on this metric.

As of today (2026-08-27), National Fittings's current share price is ₹175.00. National Fittings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹95.47. National Fittings's Cyclically Adjusted PS Ratio for today is 1.83.

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

BOM:531289' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 1.13   Max: 2.34
Current: 1.83

During the past years, National Fittings's highest Cyclically Adjusted PS Ratio was 2.34. The lowest was 0.35. And the median was 1.13.

BOM:531289's Cyclically Adjusted PS Ratio is ranked worse than
77.19% of 1368 companies
in the Construction industry
Industry Median: 0.7 vs BOM:531289: 1.83

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.

National Fittings's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹29.893. 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 ₹95.47 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Fittings  (BOM:531289) 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.


National Fittings Cyclically Adjusted PS Ratio Related Terms


National Fittings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for National Fittings'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.

National Fittings Cyclically Adjusted PS Ratio Chart

National Fittings 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 0.75 0.71 1.13 1.34 1.58

National Fittings 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 1.99 1.87 1.82 1.58 1.61

BOM:531289 vs TT, JCI, CARR: Cyclically Adjusted PS Ratio Comparison

For the Building Products & Equipment subindustry, National Fittings'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.


National Fittings Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, National Fittings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:531289
76GF Score
National Fittings Ltd BOM:531289
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Fittings 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.

National Fittings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=175.00/95.47
=1.83

* 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.

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

For example, National Fittings'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)
=29.893/167.3573*167.3573
=29.893

Current CPI (Jun. 2026) = 167.3573.

National Fittings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 21.044 105.961 33.237
201612 21.826 105.196 34.723
201703 18.046 105.196 28.710
201706 17.221 107.109 26.908
201709 19.812 109.021 30.413
201712 18.526 109.404 28.340
201803 11.100 109.786 16.921
201806 18.995 111.317 28.558
201809 19.828 115.142 28.820
201812 15.273 115.142 22.199
201903 9.596 118.202 13.587
201906 13.855 120.880 19.182
201909 16.503 123.175 22.423
201912 16.209 126.235 21.489
202003 13.371 124.705 17.944
202006 9.714 127.000 12.801
202009 14.803 130.118 19.040
202012 14.134 130.889 18.072
202103 16.453 131.771 20.896
202106 9.813 134.084 12.248
202109 20.518 135.847 25.277
202112 21.472 138.161 26.010
202203 19.873 138.822 23.958
202206 19.398 142.347 22.806
202209 26.959 144.661 31.189
202212 25.207 145.763 28.941
202303 21.223 146.865 24.184
202306 19.144 150.280 21.319
202309 22.965 151.492 25.370
202312 18.276 152.924 20.001
202403 22.087 153.035 24.154
202406 16.678 155.789 17.916
202409 20.515 157.882 21.746
202412 22.936 158.323 24.245
202503 25.862 157.552 27.472
202506 22.682 159.755 23.761
202509 26.076 162.289 26.890
202512 26.020 163.281 26.670
202603 25.892 164.272 26.378
202606 29.893 167.357 29.893

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 1.83 mean?
National Fittings (BOM:531289) has a Cyclically Adjusted PS Ratio of 1.83 as of Aug. 27, 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 National Fittings and its competitors. This is 62% above median its historical median of 1.13. Over the past decade, National Fittings' Cyclically Adjusted PS Ratio has ranged from 0.35 to 2.34. According to the industry distribution chart, National Fittings ranks #1056 out of 1368 companies in the Construction industry, placing it in the top 77.2%.
Is National Fittings' Cyclically Adjusted PS Ratio too high?
National Fittings' current Cyclically Adjusted PS Ratio of 1.83 is 62% above median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 2.34. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. National Fittings' value of 1.83 is 161.4% above this industry median. Based on the distribution chart, National Fittings ranks #1056 out of 1368 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, National Fittings has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Fittings' Cyclically Adjusted PS Ratio compare to TT and JCI?
According to the Construction industry distribution chart, National Fittings ranks #1056 out of 1368 companies for Cyclically Adjusted PS Ratio. This places National Fittings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. National Fittings' value of 1.83 is 161.4% above this benchmark. Historically, National Fittings' own Cyclically Adjusted PS Ratio has ranged from 0.35 to 2.34 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 0.70, National Fittings 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,368 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. National Fittings's current Cyclically Adjusted PS Ratio of 1.83 is 161.4% 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 National Fittings and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Fittings's current Cyclically Adjusted PS Ratio is 1.83, which is 62% above median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Fittings stock overvalued right now?
Based on GuruFocus' analysis, National Fittings (BOM:531289) is currently considered Fairly Valued. The stock's GF Value™ is ₹177.63, compared to a current price of ₹175.00 — trading 1.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.83, which is 62% above median its 10-year median of 1.13 and 161.4% above the Construction industry median of 0.70. National Fittings' overall GF Score™ is 76/100 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 National Fittings (BOM:531289), the current Cyclically Adjusted PS Ratio is 1.83 as of Aug. 27, 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 National Fittings (BOM:531289) Overvalued in 2026?

Based on GuruFocus' analysis, National Fittings stock appears to be undervalued. The current stock price of ₹175.00 is trading 1.5% below its estimated GF Value™ of ₹177.63. GuruFocus considers National Fittings to be Fairly Valued.

Key valuation signals for BOM:531289:

  • Cyclically Adjusted PS Ratio: 1.83 (62% above median its 10-year median of 1.13)
  • GF Value™: ₹177.63 vs. price of ₹175.00 (1.5% below fair value)
  • GF Score™: 76/100 with 1 warning sign
  • Industry Position: 161.4% above the Construction median (#1056 of 1368)

No single metric tells the full story. See the BOM:531289 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Fittings Business Description

Address S F No 112/3D, Madhapur Road, Kaniyur Villlage, Sulur Taluk, Karumathampatti, Coimbatore, TN, IND, 641659
National Fittings Ltd is a manufacturer and sells SG Iron Grooved and Screwed Pipe Fittings, Stainless Pipe Fittings, and Ball Valves for industrial and non-industrial applications. It has only one reportable business segment, which is Manufacturing of Pipe Fittings. Geographically, the company generates a majority of its revenue from exports of its products to other countries and the rest from its customers within India.
76GF Score

Get the complete analysis for BOM:531289

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

₹175.00
Price
₹177.63
GF Value