Riddhi Steel and Tube (BOM:540082) Cyclically Adjusted PS Ratio: 0.64 (As of Sep. 03, 2026) — 540% Above Median

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BOM:540082 Riddhi Steel and Tube Ltd BOM:540082
51 GF Score
Price ₹206.20
GF Value ₹87.10
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Riddhi Steel and Tube Cyclically Adjusted PS Ratio?

Riddhi Steel and Tube BOM:540082 51 Cyclically Adjusted PS Ratio is 0.64 as of Sep. 03, 2026, which is 540% above its 10-year median of 0.10. GuruFocus rates BOM:540082 with a GF Score™ of 51/100 and a GF Value™ of ₹87.10 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 511 Steel companies, Riddhi Steel and Tube ranks worse than 60.47% on this metric.

As of today (2026-09-03), Riddhi Steel and Tube's current share price is ₹206.20. Riddhi Steel and Tube's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was ₹321.87. Riddhi Steel and Tube's Cyclically Adjusted PS Ratio for today is 0.64.

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

BOM:540082' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.1   Max: 0.88
Current: 0.64

During the past 13 years, Riddhi Steel and Tube's highest Cyclically Adjusted PS Ratio was 0.88. The lowest was 0.04. And the median was 0.10.

BOM:540082's Cyclically Adjusted PS Ratio is ranked worse than
60.47% of 511 companies
in the Steel industry
Industry Median: 0.46 vs BOM:540082: 0.64

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.

Riddhi Steel and Tube's adjusted revenue per share data of for the fiscal year that ended in Mar26 was ₹368.192. 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 ₹321.87 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Riddhi Steel and Tube  (BOM:540082) 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.


Riddhi Steel and Tube Cyclically Adjusted PS Ratio Related Terms


Riddhi Steel and Tube Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Riddhi Steel and Tube'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.

Riddhi Steel and Tube Cyclically Adjusted PS Ratio Chart

Riddhi Steel and Tube 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 0.07 0.10 0.08 0.20 0.55

Riddhi Steel and Tube Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.08 0.00 0.20 0.00 0.55

BOM:540082 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Riddhi Steel and Tube'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.


Riddhi Steel and Tube Cyclically Adjusted PS Ratio vs Steel Industry

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

* The bar in red indicates where Riddhi Steel and Tube's Cyclically Adjusted PS Ratio falls into.


BOM:540082
51GF Score
Riddhi Steel and Tube Ltd BOM:540082
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Riddhi Steel and Tube 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.

Riddhi Steel and Tube's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=206.20/321.87
=0.64

* 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.

Riddhi Steel and Tube's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Riddhi Steel and Tube's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=368.192/164.2724*164.2724
=368.192

Current CPI (Mar26) = 164.2724.

Riddhi Steel and Tube Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 192.366 105.196 300.396
201803 215.053 109.786 321.782
201903 302.538 118.202 420.455
202003 234.324 124.705 308.672
202103 263.278 131.771 328.217
202203 243.421 138.822 288.048
202303 243.242 146.865 272.073
202403 263.577 153.035 282.932
202503 314.542 157.552 327.959
202603 368.192 164.272 368.192

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 0.64 mean?
Riddhi Steel and Tube (BOM:540082) has a Cyclically Adjusted PS Ratio of 0.64 as of Sep. 03, 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 Riddhi Steel and Tube and its competitors. This is 540% above median its historical median of 0.10. Over the past decade, Riddhi Steel and Tube's Cyclically Adjusted PS Ratio has ranged from 0.04 to 0.88. According to the industry distribution chart, Riddhi Steel and Tube ranks #309 out of 511 companies in the Steel industry, placing it in the top 60.5%.
Is Riddhi Steel and Tube's Cyclically Adjusted PS Ratio too high?
Riddhi Steel and Tube's current Cyclically Adjusted PS Ratio of 0.64 is 540% above median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.88. The Steel industry median Cyclically Adjusted PS Ratio is 0.46. Riddhi Steel and Tube's value of 0.64 is 39.1% above this industry median. Based on the distribution chart, Riddhi Steel and Tube ranks #309 out of 511 companies in the Steel industry, which is below the industry midpoint. Overall, Riddhi Steel and Tube has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Riddhi Steel and Tube's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Riddhi Steel and Tube ranks #309 out of 511 companies for Cyclically Adjusted PS Ratio. This places Riddhi Steel and Tube in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.46. Riddhi Steel and Tube's value of 0.64 is 39.1% above this benchmark. Historically, Riddhi Steel and Tube's own Cyclically Adjusted PS Ratio has ranged from 0.04 to 0.88 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 0.46, Riddhi Steel and Tube 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 511 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. Riddhi Steel and Tube's current Cyclically Adjusted PS Ratio of 0.64 is 39.1% 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 Riddhi Steel and Tube 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. Riddhi Steel and Tube's current Cyclically Adjusted PS Ratio is 0.64, which is 540% above median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riddhi Steel and Tube stock overvalued right now?
Based on GuruFocus' analysis, Riddhi Steel and Tube (BOM:540082) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹87.10, compared to a current price of ₹206.20 — trading 136.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.64, which is 540% above median its 10-year median of 0.10 and 39.1% above the Steel industry median of 0.46. Riddhi Steel and Tube's overall GF Score™ is 51/100 with 1 warning sign 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 Riddhi Steel and Tube (BOM:540082), the current Cyclically Adjusted PS Ratio is 0.64 as of Sep. 03, 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 Riddhi Steel and Tube (BOM:540082) Overvalued in 2026?

Based on GuruFocus' analysis, Riddhi Steel and Tube stock appears to be overvalued. The current stock price of ₹206.20 is trading 136.7% above its estimated GF Value™ of ₹87.10. GuruFocus considers Riddhi Steel and Tube to be Significantly Overvalued.

Key valuation signals for BOM:540082:

  • Cyclically Adjusted PS Ratio: 0.64 (540% above median its 10-year median of 0.10)
  • GF Value™: ₹87.10 vs. price of ₹206.20 (136.7% above fair value)
  • GF Score™: 51/100 with 1 warning sign
  • Industry Position: 39.1% above the Steel median (#309 of 511)

No single metric tells the full story. See the BOM:540082 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riddhi Steel and Tube Business Description

Address Piplaj Pirana Road, 83/84, Opposite Devraj Industrial Park, Post- Aslali, Village - Kamod, Ahmedabad, GJ, IND, 382427
Riddhi Steel and Tube Ltd is engaged in manufacturing and galvanised steel pipes in various sizes, tubes, and hollow profiles and of tube and pipe fittings of cast iron or cast steel. The product line of the company includes MS Black Pipes, Pre-Galvanised Pipes, and Galvanised Pipes, which are used in agriculture, industry, and construction activities like scaffolding and casing in bore wells; Square and Rectangular Hollow Sections used in engineering applications, Pre-Galvanised Pipes used by various manufacturers. The company generates all of its revenue from Domestic sales.
51GF Score

Get the complete analysis for BOM:540082

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

₹206.20
Price
₹87.10
GF Value