Lesha Industries (BOM:533602) Cyclically Adjusted PS Ratio: (As of Aug. 23, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:533602 Lesha Industries Ltd BOM:533602
45 GF Score
Price ₹0.75
GF Value ₹0.88
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Lesha Industries Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lesha Industries  (BOM:533602) 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.


Lesha Industries Cyclically Adjusted PS Ratio Related Terms


Lesha Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Lesha 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.

Lesha Industries Cyclically Adjusted PS Ratio Chart

Lesha 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 0.95 0.48 0.61 0.26 0.24

Lesha 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 0.00 0.32 0.29 0.24 0.00

BOM:533602 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Lesha 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.


Lesha Industries Cyclically Adjusted PS Ratio vs Steel Industry

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

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


BOM:533602
45GF Score
Lesha Industries Ltd BOM:533602
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lesha 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.

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

For example, Lesha 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)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Lesha Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.002 105.961 0.003
201612 0.014 105.196 0.022
201703 0.028 105.196 0.045
201706 4.152 107.109 6.487
201709 3.039 109.021 4.665
201712 1.098 109.404 1.680
201803 0.633 109.786 0.965
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 0.665 118.202 0.942
201906 0.929 120.880 1.286
201909 0.000 123.175 0.000
201912 0.000 126.235 0.000
202003 0.000 124.705 0.000
202006 0.000 127.000 0.000
202009 0.426 130.118 0.548
202012 1.328 130.889 1.698
202103 0.000 131.771 0.000
202106 0.099 134.084 0.124
202109 0.025 135.847 0.031
202112 0.171 138.161 0.207
202203 0.284 138.822 0.342
202206 0.184 142.347 0.216
202209 0.101 144.661 0.117
202212 0.117 145.763 0.134
202303 0.089 146.865 0.101
202306 0.047 150.280 0.052
202309 0.000 151.492 0.000
202312 0.200 152.924 0.219
202403 0.609 153.035 0.666
202406 0.599 155.789 0.643
202409 0.162 157.882 0.172
202412 0.017 158.323 0.018
202503 0.021 157.552 0.022
202506 0.000 159.755 0.000
202509 0.003 162.289 0.003
202512 0.045 163.281 0.046
202603 0.124 164.272 0.126
202606 0.000 167.357 0.000

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.

Is Lesha Industries (BOM:533602) Overvalued in 2026?

Based on GuruFocus' analysis, Lesha Industries stock appears to be undervalued. The current stock price of ₹0.75 is trading 14.8% below its estimated GF Value™ of ₹0.88. GuruFocus considers Lesha Industries to be Modestly Undervalued.

Key valuation signals for BOM:533602:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹0.88 vs. price of ₹0.75 (14.8% below fair value)
  • GF Score™: 45/100 with 3 warning signs

No single metric tells the full story. See the BOM:533602 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lesha Industries Business Description

Address Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Ahmedabad, GJ, IND, 380006
Lesha Industries Ltd is an Indian based company engaged in the trading of various steel products, trading of goods, and dealing in Shares and securities. It earns revenue mainly from the sale of Steel products and Trading in goods. The business activities of the group are functioned through the segments, which include Steel, Trading of Goods, and Others. Geographically, activities are conducted through the region of India, and it derives the majority of the revenue from the trading of steel trading segment.
45GF Score

Get the complete analysis for BOM:533602

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

₹0.75
Price
₹0.88
GF Value