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Riddhi Steel and Tube (BOM:540082) Cyclically Adjusted PS Ratio : (As of Jun. 03, 2025)


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What is Riddhi Steel and Tube Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Riddhi Steel and Tube Cyclically Adjusted PS Ratio Historical Data

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.

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Riddhi Steel and Tube Cyclically Adjusted PS Ratio Chart

Riddhi Steel and Tube Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.07 0.10 0.08 -

Riddhi Steel and Tube Semi-Annual Data
Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
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 0.10 - 0.08 - -

Competitive Comparison of Riddhi Steel and Tube's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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.


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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 Revenue per Share for the fiscal year that ended in Mar25 is calculated as:

For example, Riddhi Steel and Tube's adjusted Revenue per Share data for the fiscal year that ended in Mar25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar25 (Change)*Current CPI (Mar25)
=471.757/157.5517*157.5517
=471.757

Current CPI (Mar25) = 157.5517.

Riddhi Steel and Tube Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201603 395.174 102.518 607.309
201703 288.560 105.196 432.175
201803 322.580 109.786 462.926
201903 453.844 118.202 604.929
202003 351.515 124.705 444.102
202103 394.917 131.771 472.183
202203 365.146 138.822 414.412
202303 364.877 146.865 391.429
202403 395.382 153.035 407.053
202503 471.757 157.552 471.757

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.


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

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Riddhi Steel and Tube Business Description

Traded in Other Exchanges
N/A
Address
Piplaj Pirana Road, 83/84, Village - Kamod, Opposite Devraj Industrial Park, Post- Aslali, Ahmedabad, GJ, IND, 382427
Riddhi Steel and Tube Ltd is engaged in manufacturing and galvanized 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 ERW Black, 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.

Riddhi Steel and Tube Headlines

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