Niraj Cement Structurals (BOM:532986) Cyclically Adjusted PS Ratio: 0.26 (As of Aug. 12, 2026) — 26% Below Median

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BOM:532986 Niraj Cement Structurals Ltd BOM:532986
69 GF Score
Price ₹29.10
GF Value ₹32.07
Valuation Fairly Valued
! 5 Warning Signs
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What is Niraj Cement Structurals Cyclically Adjusted PS Ratio?

Niraj Cement Structurals BOM:532986 69 Cyclically Adjusted PS Ratio is 0.26 as of Aug. 12, 2026, which is 26% below its 10-year median of 0.35. GuruFocus rates BOM:532986 with a GF Score™ of 69/100 and a GF Value™ of ₹32.07 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,375 Construction companies, Niraj Cement Structurals ranks better than 79.64% on this metric.

As of today (2026-08-12), Niraj Cement Structurals's current share price is ₹29.10. Niraj Cement Structurals's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹111.49. Niraj Cement Structurals's Cyclically Adjusted PS Ratio for today is 0.26.

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

BOM:532986' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.35   Max: 0.63
Current: 0.26

During the past years, Niraj Cement Structurals's highest Cyclically Adjusted PS Ratio was 0.63. The lowest was 0.19. And the median was 0.35.

BOM:532986's Cyclically Adjusted PS Ratio is ranked better than
79.64% of 1375 companies
in the Construction industry
Industry Median: 0.7 vs BOM:532986: 0.26

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.

Niraj Cement Structurals's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹22.839. 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 ₹111.49 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Niraj Cement Structurals  (BOM:532986) 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.


Niraj Cement Structurals Cyclically Adjusted PS Ratio Related Terms


Niraj Cement Structurals Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Niraj Cement Structurals'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.

Niraj Cement Structurals Cyclically Adjusted PS Ratio Chart

Niraj Cement Structurals 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 0.30 0.25 0.33 0.48 0.19

Niraj Cement Structurals 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 0.48 0.49 0.40 0.35 0.19

BOM:532986 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Niraj Cement Structurals'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.


Niraj Cement Structurals Cyclically Adjusted PS Ratio vs Construction Industry

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

* The bar in red indicates where Niraj Cement Structurals's Cyclically Adjusted PS Ratio falls into.


BOM:532986
69GF Score
Niraj Cement Structurals Ltd BOM:532986
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Niraj Cement Structurals 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.

Niraj Cement Structurals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.10/111.49
=0.26

* 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.

Niraj Cement Structurals's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Niraj Cement Structurals'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)
=22.839/164.2724*164.2724
=22.839

Current CPI (Mar. 2026) = 164.2724.

Niraj Cement Structurals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 23.100 105.961 35.812
201609 20.638 105.961 31.995
201612 23.974 105.196 37.437
201703 27.723 105.196 43.292
201706 21.061 107.109 32.301
201709 15.283 109.021 23.028
201712 17.085 109.404 25.654
201803 23.273 109.786 34.823
201806 13.188 111.317 19.462
201809 11.658 115.142 16.632
201812 10.804 115.142 15.414
201903 22.711 118.202 31.563
201906 13.682 120.880 18.593
201909 13.234 123.175 17.650
201912 16.403 126.235 21.346
202003 21.415 124.705 28.210
202006 10.498 127.000 13.579
202009 32.904 130.118 41.541
202012 5.620 130.889 7.053
202103 10.442 131.771 13.018
202106 16.575 134.084 20.307
202109 15.822 135.847 19.133
202112 15.008 138.161 17.844
202203 43.556 138.822 51.541
202206 19.579 142.347 22.595
202209 26.934 144.661 30.585
202212 26.892 145.763 30.307
202303 73.018 146.865 81.673
202306 24.830 150.280 27.142
202309 27.860 151.492 30.210
202312 31.997 152.924 34.371
202403 31.860 153.035 34.200
202406 20.860 155.789 21.996
202409 34.558 157.882 35.957
202412 27.621 158.323 28.659
202503 26.636 157.552 27.772
202506 16.093 159.755 16.548
202509 28.839 162.289 29.191
202512 23.455 163.281 23.597
202603 22.839 164.272 22.839

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 0.26 mean?
Niraj Cement Structurals (BOM:532986) has a Cyclically Adjusted PS Ratio of 0.26 as of Aug. 12, 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 Niraj Cement Structurals and its competitors. This is 26% below median its historical median of 0.35. Over the past decade, Niraj Cement Structurals' Cyclically Adjusted PS Ratio has ranged from 0.19 to 0.63. According to the industry distribution chart, Niraj Cement Structurals ranks #280 out of 1375 companies in the Construction industry, placing it in the top 20.4%.
Is Niraj Cement Structurals' Cyclically Adjusted PS Ratio too high?
Niraj Cement Structurals' current Cyclically Adjusted PS Ratio of 0.26 is 26% below median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.63. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Niraj Cement Structurals' value of 0.26 is 62.9% below this industry median. Based on the distribution chart, Niraj Cement Structurals ranks #280 out of 1375 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Niraj Cement Structurals has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Niraj Cement Structurals' Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Niraj Cement Structurals ranks #280 out of 1375 companies for Cyclically Adjusted PS Ratio. This places Niraj Cement Structurals in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.70. Niraj Cement Structurals' value of 0.26 is 62.9% below this benchmark. Historically, Niraj Cement Structurals' own Cyclically Adjusted PS Ratio has ranged from 0.19 to 0.63 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.70, Niraj Cement Structurals 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,375 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. Niraj Cement Structurals's current Cyclically Adjusted PS Ratio of 0.26 is 62.9% 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 Niraj Cement Structurals 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. Niraj Cement Structurals's current Cyclically Adjusted PS Ratio is 0.26, which is 26% below median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niraj Cement Structurals stock overvalued right now?
Based on GuruFocus' analysis, Niraj Cement Structurals (BOM:532986) is currently considered Fairly Valued. The stock's GF Value™ is ₹32.07, compared to a current price of ₹29.10 — trading 9.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.26, which is 26% below median its 10-year median of 0.35 and 62.9% below the Construction industry median of 0.70. Niraj Cement Structurals' overall GF Score™ is 69/100 with 5 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 Niraj Cement Structurals (BOM:532986), the current Cyclically Adjusted PS Ratio is 0.26 as of Aug. 12, 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 Niraj Cement Structurals (BOM:532986) Overvalued in 2026?

Based on GuruFocus' analysis, Niraj Cement Structurals stock appears to be undervalued. The current stock price of ₹29.10 is trading 9.3% below its estimated GF Value™ of ₹32.07. GuruFocus considers Niraj Cement Structurals to be Fairly Valued.

Key valuation signals for BOM:532986:

  • Cyclically Adjusted PS Ratio: 0.26 (26% below median its 10-year median of 0.35)
  • GF Value™: ₹32.07 vs. price of ₹29.10 (9.3% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 62.9% below the Construction median (#280 of 1375)

No single metric tells the full story. See the BOM:532986 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Niraj Cement Structurals Business Description

Other Exchanges NIRAJ:India
Address D G patil Road, Pepsi Company, off. Sion Trombay Road, Unit No 820 to 825, The Epicentre, Commercial Building, Dukes Horizon, Near R K Studio, Mumbai, MH, IND, 400088
Niraj Cement Structurals Ltd is an India-based company. It is engaged in the business of civil construction and infrastructure, which is engaged in the construction of highways, expressways, turnkey projects roads, bridges, tunnels, etc.
69GF Score

Get the complete analysis for BOM:532986

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

₹29.10
Price
₹32.07
GF Value