Bharat Wire Ropes (BOM:539799) Cyclically Adjusted PS Ratio: 2.57 (As of Aug. 13, 2026) — 16% Below Median

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BOM:539799 Bharat Wire Ropes Ltd BOM:539799
85 GF Score
Price ₹187.20
GF Value ₹211.81
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Bharat Wire Ropes Cyclically Adjusted PS Ratio?

Bharat Wire Ropes BOM:539799 -1.86% 85 Cyclically Adjusted PS Ratio is 2.57 as of Aug. 13, 2026, which is 16% below its 10-year median of 3.05. GuruFocus rates BOM:539799 with a GF Score™ of 85/100 and a GF Value™ of ₹211.81 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 518 Steel companies, Bharat Wire Ropes ranks worse than 90.35% on this metric.

As of today (2026-08-13), Bharat Wire Ropes's current share price is ₹187.20. Bharat Wire Ropes's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹72.78. Bharat Wire Ropes's Cyclically Adjusted PS Ratio for today is 2.57.

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

BOM:539799' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.17   Med: 3.05   Max: 6.67
Current: 2.77

During the past years, Bharat Wire Ropes's highest Cyclically Adjusted PS Ratio was 6.67. The lowest was 2.17. And the median was 3.05.

BOM:539799's Cyclically Adjusted PS Ratio is ranked worse than
90.35% of 518 companies
in the Steel industry
Industry Median: 0.46 vs BOM:539799: 2.77

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.

Bharat Wire Ropes's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹20.625. 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 ₹72.78 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bharat Wire Ropes  (BOM:539799) 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.


Bharat Wire Ropes Cyclically Adjusted PS Ratio Related Terms


Bharat Wire Ropes Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bharat Wire Ropes'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.

Bharat Wire Ropes Cyclically Adjusted PS Ratio Chart

Bharat Wire Ropes 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 0.00 0.00 4.63 3.00 2.16

Bharat Wire Ropes 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 3.00 3.35 2.46 2.56 2.16

BOM:539799 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Bharat Wire Ropes'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.


Bharat Wire Ropes Cyclically Adjusted PS Ratio vs Steel Industry

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

* The bar in red indicates where Bharat Wire Ropes's Cyclically Adjusted PS Ratio falls into.


BOM:539799
85GF Score
Bharat Wire Ropes Ltd BOM:539799
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bharat Wire Ropes 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.

Bharat Wire Ropes's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=187.20/72.78
=2.57

* 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.

Bharat Wire Ropes's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Bharat Wire Ropes'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)
=20.625/164.2724*164.2724
=20.625

Current CPI (Mar. 2026) = 164.2724.

Bharat Wire Ropes Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.147 105.961 4.879
201609 3.656 105.961 5.668
201612 3.526 105.196 5.506
201703 4.430 105.196 6.918
201706 7.093 107.109 10.879
201709 7.670 109.021 11.557
201712 8.557 109.404 12.849
201803 9.216 109.786 13.790
201806 13.260 111.317 19.568
201809 14.116 115.142 20.139
201812 12.217 115.142 17.430
201903 12.626 118.202 17.547
201906 13.034 120.880 17.713
201909 14.694 123.175 19.597
201912 13.027 126.235 16.952
202003 15.928 124.705 20.982
202006 10.511 127.000 13.596
202009 15.523 130.118 19.598
202012 14.227 130.889 17.856
202103 10.137 131.771 12.637
202106 12.655 134.084 15.504
202109 15.069 135.847 18.222
202112 16.553 138.161 19.681
202203 16.076 138.822 19.023
202206 20.845 142.347 24.056
202209 23.387 144.661 26.558
202212 22.529 145.763 25.390
202303 19.052 146.865 21.310
202306 23.307 150.280 25.477
202309 23.426 151.492 25.402
202312 23.128 152.924 24.844
202403 13.770 153.035 14.781
202406 19.594 155.789 20.661
202409 22.358 157.882 23.263
202412 23.701 158.323 24.592
202503 25.107 157.552 26.178
202506 20.696 159.755 21.281
202509 24.014 162.289 24.307
202512 20.818 163.281 20.944
202603 20.625 164.272 20.625

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 2.57 mean?
Bharat Wire Ropes (BOM:539799) has a Cyclically Adjusted PS Ratio of 2.57 as of Aug. 13, 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 Bharat Wire Ropes and its competitors. This is 16% below median its historical median of 3.05. Over the past decade, Bharat Wire Ropes' Cyclically Adjusted PS Ratio has ranged from 2.17 to 6.67. According to the industry distribution chart, Bharat Wire Ropes ranks #468 out of 518 companies in the Steel industry, placing it in the top 90.3%.
Is Bharat Wire Ropes' Cyclically Adjusted PS Ratio too high?
Bharat Wire Ropes' current Cyclically Adjusted PS Ratio of 2.57 is 16% below median its 10-year median of 3.05. Over the past 10 years, this metric has ranged from a low of 2.17 to a high of 6.67. The Steel industry median Cyclically Adjusted PS Ratio is 0.46. Bharat Wire Ropes' value of 2.57 is 458.7% above this industry median. Based on the distribution chart, Bharat Wire Ropes ranks #468 out of 518 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Bharat Wire Ropes has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bharat Wire Ropes' Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Bharat Wire Ropes ranks #468 out of 518 companies for Cyclically Adjusted PS Ratio. This places Bharat Wire Ropes in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.46. Bharat Wire Ropes' value of 2.57 is 458.7% above this benchmark. Historically, Bharat Wire Ropes' own Cyclically Adjusted PS Ratio has ranged from 2.17 to 6.67 over the past decade. While the company's 10-year median is 3.05 vs. the industry median of 0.46, Bharat Wire Ropes 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.46, based on 518 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. Bharat Wire Ropes's current Cyclically Adjusted PS Ratio of 2.57 is 458.7% 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 Bharat Wire Ropes and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Wire Ropes's current Cyclically Adjusted PS Ratio is 2.57, which is 16% below median its own 10-year median of 3.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Wire Ropes stock overvalued right now?
Based on GuruFocus' analysis, Bharat Wire Ropes (BOM:539799) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹211.81, compared to a current price of ₹187.20 — trading 11.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.57, which is 16% below median its 10-year median of 3.05 and 458.7% above the Steel industry median of 0.46. Bharat Wire Ropes' overall GF Score™ is 85/100 with 4 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 Bharat Wire Ropes (BOM:539799), the current Cyclically Adjusted PS Ratio is 2.57 as of Aug. 13, 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 Bharat Wire Ropes (BOM:539799) Overvalued in 2026?

Based on GuruFocus' analysis, Bharat Wire Ropes stock appears to be undervalued. The current stock price of ₹187.20 is trading 11.6% below its estimated GF Value™ of ₹211.81. GuruFocus considers Bharat Wire Ropes to be Modestly Undervalued.

Key valuation signals for BOM:539799:

  • Cyclically Adjusted PS Ratio: 2.57 (16% below median its 10-year median of 3.05)
  • GF Value™: ₹211.81 vs. price of ₹187.20 (11.6% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 458.7% above the Steel median (#468 of 518)

No single metric tells the full story. See the BOM:539799 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bharat Wire Ropes Business Description

Other Exchanges BHARATWIRE:India
Address Senapati Bapat Marg, 10th Floor, Times Tower, Kamla Mills Compound, Lower Parel, Mumbai, MH, IND, 400013
Bharat Wire Ropes Ltd manufactures steel wire ropes, wire strands, and wire rope slings. The company produces mechanically spliced slings, hand-spliced slings, earth wires, stay wires, guy wires, and spiral strands. The company also produces general-purpose ropes, fishing ropes, crane ropes, structural ropes, elevator ropes, mining ropes, oil and gas ropes, and shipping ropes. The firm caters to industries including oil and gas, mining, fishing, ports and marine, elevator, power, transmission, railways, construction, infrastructure, defense, and crane manufacturers. The company serves clients around the world.
85GF Score

Get the complete analysis for BOM:539799

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

₹187.20
Price
₹211.81
GF Value