Enkei Wheels (India) (BOM:533477) Cyclically Adjusted PS Ratio: 0.95 (As of Aug. 19, 2026) — 26% Below Median

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Director of Data and Quant Analytics at GuruFocus
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BOM:533477 Enkei Wheels (India) Ltd BOM:533477
68 GF Score
Price ₹403.35
GF Value ₹838.24
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Enkei Wheels (India) Cyclically Adjusted PS Ratio?

Enkei Wheels (India) BOM:533477 +0.84% 68 Cyclically Adjusted PS Ratio is 0.95 as of Aug. 19, 2026, which is 26% below its 10-year median of 1.28. GuruFocus rates BOM:533477 with a GF Score™ of 68/100 and a GF Value™ of ₹838.24 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,039 Vehicles & Parts companies, Enkei Wheels (India) ranks worse than 57.07% on this metric.

As of today (2026-08-19), Enkei Wheels (India)'s current share price is ₹403.35. Enkei Wheels (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹425.58. Enkei Wheels (India)'s Cyclically Adjusted PS Ratio for today is 0.95.

The historical rank and industry rank for Enkei Wheels (India)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:533477' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.28   Max: 1.93
Current: 0.95

During the past years, Enkei Wheels (India)'s highest Cyclically Adjusted PS Ratio was 1.93. The lowest was 0.68. And the median was 1.28.

BOM:533477's Cyclically Adjusted PS Ratio is ranked worse than
57.07% of 1039 companies
in the Vehicles & Parts industry
Industry Median: 0.75 vs BOM:533477: 0.95

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.

Enkei Wheels (India)'s adjusted revenue per share data for the three months ended in Jun. 2026 was ₹177.467. 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 ₹425.58 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Enkei Wheels (India)  (BOM:533477) 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.


Enkei Wheels (India) Cyclically Adjusted PS Ratio Related Terms


Enkei Wheels (India) Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Enkei Wheels (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.

Enkei Wheels (India) Cyclically Adjusted PS Ratio Chart

Enkei Wheels (India) Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 1.63 1.57 1.76 1.22

Enkei Wheels (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 1.37 1.21 1.22 0.88 0.87

BOM:533477 vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, Enkei Wheels (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.


Enkei Wheels (India) Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Enkei Wheels (India)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Enkei Wheels (India)'s Cyclically Adjusted PS Ratio falls into.


BOM:533477
68GF Score
Enkei Wheels (India) Ltd BOM:533477
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Enkei Wheels (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.

Enkei Wheels (India)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=403.35/425.58
=0.95

* 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.

Enkei Wheels (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Enkei Wheels (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)
=177.467/167.3573*167.3573
=177.467

Current CPI (Jun. 2026) = 167.3573.

Enkei Wheels (India) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 73.419 105.961 115.960
201612 68.340 105.196 108.723
201703 76.567 105.196 121.811
201706 77.875 107.109 121.680
201709 82.698 109.021 126.949
201712 73.809 109.404 112.907
201803 82.888 109.786 126.354
201806 81.174 111.317 122.040
201809 84.510 115.142 122.834
201812 73.820 115.142 107.296
201903 60.386 118.202 85.498
201906 69.545 120.880 96.285
201909 58.265 123.175 79.164
201912 29.625 126.235 39.276
202003 39.351 124.705 52.810
202006 6.278 127.000 8.273
202009 42.910 130.118 55.191
202012 45.397 130.889 58.045
202103 62.612 131.771 79.521
202106 37.993 134.084 47.421
202109 66.251 135.847 81.618
202112 80.544 138.161 97.565
202203 94.894 138.822 114.400
202206 88.756 142.347 104.350
202209 102.689 144.661 118.800
202212 82.789 145.763 95.054
202303 73.725 146.865 84.012
202306 98.234 150.280 109.397
202309 115.099 151.492 127.153
202312 111.039 152.924 121.519
202403 123.187 153.035 134.716
202406 105.096 155.789 112.900
202409 132.886 157.882 140.861
202412 108.553 158.323 114.747
202503 126.966 157.552 134.868
202506 129.383 159.755 135.540
202509 147.652 162.289 152.263
202512 136.480 163.281 139.887
202603 167.512 164.272 170.658
202606 177.467 167.357 177.467

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 0.95 mean?
Enkei Wheels (India) (BOM:533477) has a Cyclically Adjusted PS Ratio of 0.95 as of Aug. 19, 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 Enkei Wheels (India) and its competitors. This is 26% below median its historical median of 1.28. Over the past decade, Enkei Wheels (India)'s Cyclically Adjusted PS Ratio has ranged from 0.68 to 1.93. According to the industry distribution chart, Enkei Wheels (India) ranks #593 out of 1039 companies in the Vehicles & Parts industry, placing it in the top 57.1%.
Is Enkei Wheels (India)'s Cyclically Adjusted PS Ratio too high?
Enkei Wheels (India)'s current Cyclically Adjusted PS Ratio of 0.95 is 26% below median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 1.93. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.75. Enkei Wheels (India)'s value of 0.95 is 26.7% above this industry median. Based on the distribution chart, Enkei Wheels (India) ranks #593 out of 1039 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Enkei Wheels (India) has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Enkei Wheels (India)'s Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Enkei Wheels (India) ranks #593 out of 1039 companies for Cyclically Adjusted PS Ratio. This places Enkei Wheels (India) in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.75. Enkei Wheels (India)'s value of 0.95 is 26.7% above this benchmark. Historically, Enkei Wheels (India)'s own Cyclically Adjusted PS Ratio has ranged from 0.68 to 1.93 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 0.75, Enkei Wheels (India) 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.75, based on 1,039 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. Enkei Wheels (India)'s current Cyclically Adjusted PS Ratio of 0.95 is 26.7% 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 Enkei Wheels (India) and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enkei Wheels (India)'s current Cyclically Adjusted PS Ratio is 0.95, which is 26% below median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enkei Wheels (India) stock overvalued right now?
Based on GuruFocus' analysis, Enkei Wheels (India) (BOM:533477) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹838.24, compared to a current price of ₹403.35 — trading 51.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.95, which is 26% below median its 10-year median of 1.28 and 26.7% above the Vehicles & Parts industry median of 0.75. Enkei Wheels (India)'s overall GF Score™ is 68/100 with 2 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 Enkei Wheels (India) (BOM:533477), the current Cyclically Adjusted PS Ratio is 0.95 as of Aug. 19, 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 Enkei Wheels (India) (BOM:533477) Overvalued in 2026?

Based on GuruFocus' analysis, Enkei Wheels (India) stock appears to be undervalued. The current stock price of ₹403.35 is trading 51.9% below its estimated GF Value™ of ₹838.24. GuruFocus considers Enkei Wheels (India) to be Significantly Undervalued.

Key valuation signals for BOM:533477:

  • Cyclically Adjusted PS Ratio: 0.95 (26% below median its 10-year median of 1.28)
  • GF Value™: ₹838.24 vs. price of ₹403.35 (51.9% below fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 26.7% above the Vehicles & Parts median (#593 of 1039)

No single metric tells the full story. See the BOM:533477 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Enkei Wheels (India) Business Description

Address Gat No. 1425, Village Shikrapur, Taluka Shirur, Pune, IND, 412208
Enkei Wheels (India) Ltd is involved in the manufacturing of aluminum alloy casting wheels for two-wheelers as well as four-wheelers. The company only operating business segment that is manufacture and sale of Alloy Wheels. It sells its product in two forms that are manufactured goods; which consist of wheels for two and four-wheeler vehicles, and traded goods; which include wheels for four-wheelers and accessories.
68GF Score

Get the complete analysis for BOM:533477

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

₹403.35
Price
₹838.24
GF Value