Eastern Treads (BOM:531346) Cyclically Adjusted PS Ratio: 0.17 (As of Aug. 31, 2026) — 11% Below Median

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BOM:531346 Eastern Treads Ltd BOM:531346
54 GF Score
Price ₹30.30
GF Value ₹37.87
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Eastern Treads Cyclically Adjusted PS Ratio?

Eastern Treads BOM:531346 -0.66% 54 Cyclically Adjusted PS Ratio is 0.17 as of Aug. 31, 2026, which is 11% below its 10-year median of 0.19. GuruFocus rates BOM:531346 with a GF Score™ of 54/100 and a GF Value™ of ₹37.87 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,038 Vehicles & Parts companies, Eastern Treads ranks better than 83.24% on this metric.

As of today (2026-08-31), Eastern Treads's current share price is ₹30.30. Eastern Treads's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹180.65. Eastern Treads's Cyclically Adjusted PS Ratio for today is 0.17.

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

BOM:531346' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.19   Max: 0.32
Current: 0.17

During the past years, Eastern Treads's highest Cyclically Adjusted PS Ratio was 0.32. The lowest was 0.14. And the median was 0.19.

BOM:531346's Cyclically Adjusted PS Ratio is ranked better than
83.24% of 1038 companies
in the Vehicles & Parts industry
Industry Median: 0.72 vs BOM:531346: 0.17

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.

Eastern Treads's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹26.614. 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 ₹180.65 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eastern Treads  (BOM:531346) 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.


Eastern Treads Cyclically Adjusted PS Ratio Related Terms


Eastern Treads Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Eastern Treads'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.

Eastern Treads Cyclically Adjusted PS Ratio Chart

Eastern Treads 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 0.19 0.14 0.19 0.19 0.16

Eastern Treads 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 0.18 0.16 0.16 0.16 0.16

BOM:531346 vs ORLY, AZO, GPC: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, Eastern Treads'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.


Eastern Treads Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Eastern Treads's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:531346
54GF Score
Eastern Treads Ltd BOM:531346
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eastern Treads 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.

Eastern Treads's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.30/180.65
=0.17

* 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.

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

For example, Eastern Treads'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)
=26.614/167.3573*167.3573
=26.614

Current CPI (Jun. 2026) = 167.3573.

Eastern Treads Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 39.649 105.961 62.623
201612 42.639 105.196 67.835
201703 49.697 105.196 79.063
201706 53.479 107.109 83.561
201709 40.597 109.021 62.320
201712 38.294 109.404 58.579
201803 42.487 109.786 64.767
201806 50.591 111.317 76.060
201809 42.708 115.142 62.076
201812 44.832 115.142 65.163
201903 43.961 118.202 62.243
201906 40.709 120.880 56.361
201909 39.584 123.175 53.783
201912 38.725 126.235 51.340
202003 27.889 124.705 37.428
202006 26.880 127.000 35.422
202009 34.110 130.118 43.872
202012 36.313 130.889 46.430
202103 34.259 131.771 43.511
202106 28.206 134.084 35.205
202109 43.135 135.847 53.140
202112 29.806 138.161 36.105
202203 39.378 138.822 47.472
202206 32.265 142.347 37.934
202209 25.323 144.661 29.296
202212 29.399 145.763 33.754
202303 24.626 146.865 28.062
202306 27.801 150.280 30.960
202309 29.562 151.492 32.658
202312 28.138 152.924 30.794
202403 24.859 153.035 27.186
202406 27.168 155.789 29.185
202409 27.236 157.882 28.871
202412 30.601 158.323 32.347
202503 29.731 157.552 31.581
202506 32.110 159.755 33.638
202509 30.763 162.289 31.724
202512 30.546 163.281 31.309
202603 25.712 164.272 26.195
202606 26.614 167.357 26.614

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 0.17 mean?
Eastern Treads (BOM:531346) has a Cyclically Adjusted PS Ratio of 0.17 as of Aug. 31, 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 Eastern Treads and its competitors. This is 11% below median its historical median of 0.19. Over the past decade, Eastern Treads' Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.32. According to the industry distribution chart, Eastern Treads ranks #174 out of 1038 companies in the Vehicles & Parts industry, placing it in the top 16.8%.
Is Eastern Treads' Cyclically Adjusted PS Ratio too high?
Eastern Treads' current Cyclically Adjusted PS Ratio of 0.17 is 11% below median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.32. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.72. Eastern Treads' value of 0.17 is 76.4% below this industry median. Based on the distribution chart, Eastern Treads ranks #174 out of 1038 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Eastern Treads has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eastern Treads' Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Eastern Treads ranks #174 out of 1038 companies for Cyclically Adjusted PS Ratio. This places Eastern Treads in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.72. Eastern Treads' value of 0.17 is 76.4% below this benchmark. Historically, Eastern Treads' own Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.32 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.72, Eastern Treads 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.72, based on 1,038 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. Eastern Treads's current Cyclically Adjusted PS Ratio of 0.17 is 76.4% 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 Eastern Treads and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eastern Treads's current Cyclically Adjusted PS Ratio is 0.17, which is 11% below median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastern Treads stock overvalued right now?
Based on GuruFocus' analysis, Eastern Treads (BOM:531346) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹37.87, compared to a current price of ₹30.30 — trading 20% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.17, which is 11% below median its 10-year median of 0.19 and 76.4% below the Vehicles & Parts industry median of 0.72. Eastern Treads' overall GF Score™ is 54/100 with 6 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 Eastern Treads (BOM:531346), the current Cyclically Adjusted PS Ratio is 0.17 as of Aug. 31, 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 Eastern Treads (BOM:531346) Overvalued in 2026?

Based on GuruFocus' analysis, Eastern Treads stock appears to be undervalued. The current stock price of ₹30.30 is trading 20% below its estimated GF Value™ of ₹37.87. GuruFocus considers Eastern Treads to be Modestly Undervalued.

Key valuation signals for BOM:531346:

  • Cyclically Adjusted PS Ratio: 0.17 (11% below median its 10-year median of 0.19)
  • GF Value™: ₹37.87 vs. price of ₹30.30 (20% below fair value)
  • GF Score™: 54/100 with 6 warning signs
  • Industry Position: 76.4% below the Vehicles & Parts median (#174 of 1038)

No single metric tells the full story. See the BOM:531346 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eastern Treads Business Description

Address NH Bypass, 3A, Eastern Corporate Office, 34/137 E, 3rd Floor, Edappally, Ernakulam, Kochi, KL, IND, 682024
Eastern Treads Ltd is engaged in the business of manufacturing and dealing with tread rubber, rubber-based adhesives, tyre retreading accessories, and retreading services. Its product portfolio includes Precured Tread Rubber, Bonding Gum, Repair Patches, Hot Rubber Slab and Camel Back Treads, and Black Vulcanising Cement. Geographically, it operates in India.
54GF Score

Get the complete analysis for BOM:531346

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

₹30.30
Price
₹37.87
GF Value