Amreli Steels (KAR:ASTL) Cyclically Adjusted PS Ratio: 0.13 (As of Jul. 19, 2026) — 32% Below Median

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KAR:ASTL Amreli Steels Ltd KAR:ASTL
48 GF Score
Price ₨15.94
GF Value ₨9.78
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Amreli Steels Cyclically Adjusted PS Ratio?

Amreli Steels KAR:ASTL -1.60% 48 Cyclically Adjusted PS Ratio is 0.13 as of Jul. 19, 2026, which is 32% below its 10-year median of 0.19. GuruFocus rates KAR:ASTL with a GF Score™ of 48/100 and a GF Value™ of ₨9.78 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 514 Steel companies, Amreli Steels ranks better than 87.55% on this metric.

As of today (2026-07-19), Amreli Steels's current share price is ₨15.94. Amreli Steels's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₨118.69. Amreli Steels's Cyclically Adjusted PS Ratio for today is 0.13.

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

KAR:ASTL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.19   Max: 0.24
Current: 0.13

During the past years, Amreli Steels's highest Cyclically Adjusted PS Ratio was 0.24. The lowest was 0.12. And the median was 0.19.

KAR:ASTL's Cyclically Adjusted PS Ratio is ranked better than
87.55% of 514 companies
in the Steel industry
Industry Median: 0.45 vs KAR:ASTL: 0.13

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.

Amreli Steels's adjusted revenue per share data for the three months ended in Mar. 2026 was ₨19.867. 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 ₨118.69 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amreli Steels  (KAR:ASTL) 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.


Amreli Steels Cyclically Adjusted PS Ratio Related Terms


Amreli Steels Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Amreli Steels'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.

Amreli Steels Cyclically Adjusted PS Ratio Chart

Amreli Steels Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.14 0.23 0.20

Amreli Steels 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 0.18 0.20 0.21 0.20 0.12

KAR:ASTL vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Amreli Steels'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.


Amreli Steels Cyclically Adjusted PS Ratio vs Steel Industry

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

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


KAR:ASTL
48GF Score
Amreli Steels Ltd KAR:ASTL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amreli Steels 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.

Amreli Steels's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.94/118.69
=0.13

* 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.

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

For example, Amreli Steels'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)
=19.867/330.2130*330.2130
=19.867

Current CPI (Mar. 2026) = 330.2130.

Amreli Steels Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 12.634 241.018 17.310
201609 10.840 241.428 14.826
201612 11.200 241.432 15.319
201703 12.094 243.801 16.381
201706 10.582 244.955 14.265
201709 9.124 246.819 12.207
201712 11.928 246.524 15.977
201803 15.566 249.554 20.597
201806 15.567 251.989 20.399
201809 20.003 252.439 26.166
201812 21.367 251.233 28.084
201903 21.662 254.202 28.139
201906 33.609 256.143 43.328
201909 20.275 256.759 26.075
201912 25.356 256.974 32.583
202003 26.063 258.115 33.343
202006 17.235 257.797 22.076
202009 26.469 260.280 33.581
202012 32.061 260.474 40.645
202103 32.862 264.877 40.968
202106 40.248 271.696 48.916
202109 39.825 274.310 47.941
202112 49.863 278.802 59.058
202203 53.695 287.504 61.671
202206 52.555 296.311 58.568
202209 33.204 296.808 36.941
202212 44.512 296.797 49.524
202303 39.240 301.836 42.929
202306 36.307 305.109 39.294
202309 36.560 307.789 39.224
202312 38.316 306.746 41.247
202403 37.574 312.332 39.725
202406 18.030 314.175 18.950
202409 14.239 315.301 14.912
202412 15.411 315.605 16.124
202503 13.844 319.799 14.295
202506 10.696 322.561 10.950
202509 9.399 324.800 9.556
202512 14.662 324.054 14.941
202603 19.867 330.213 19.867

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 0.13 mean?
Amreli Steels (KAR:ASTL) has a Cyclically Adjusted PS Ratio of 0.13 as of Jul. 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 Amreli Steels and its competitors. This is 32% below median its historical median of 0.19. Over the past decade, Amreli Steels' Cyclically Adjusted PS Ratio has ranged from 0.12 to 0.24. According to the industry distribution chart, Amreli Steels ranks #64 out of 514 companies in the Steel industry, placing it in the top 12.5%.
Is Amreli Steels' Cyclically Adjusted PS Ratio too high?
Amreli Steels' current Cyclically Adjusted PS Ratio of 0.13 is 32% below median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.24. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Amreli Steels' value of 0.13 is 71.1% below this industry median. Based on the distribution chart, Amreli Steels ranks #64 out of 514 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Amreli Steels has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Amreli Steels' Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Amreli Steels ranks #64 out of 514 companies for Cyclically Adjusted PS Ratio. This places Amreli Steels in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.45. Amreli Steels' value of 0.13 is 71.1% below this benchmark. Historically, Amreli Steels' own Cyclically Adjusted PS Ratio has ranged from 0.12 to 0.24 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.45, Amreli Steels has consistently been below 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 0.45, based on 514 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. Amreli Steels's current Cyclically Adjusted PS Ratio of 0.13 is 71.1% below 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 Amreli Steels and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amreli Steels's current Cyclically Adjusted PS Ratio is 0.13, which is 32% below median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amreli Steels stock overvalued right now?
Based on GuruFocus' analysis, Amreli Steels (KAR:ASTL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨9.78, compared to a current price of ₨15.94 — trading 63% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.13, which is 32% below median its 10-year median of 0.19 and 71.1% below the Steel industry median of 0.45. Amreli Steels' overall GF Score™ is 48/100 with 6 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 Amreli Steels (KAR:ASTL), the current Cyclically Adjusted PS Ratio is 0.13 as of Jul. 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 Amreli Steels (KAR:ASTL) Overvalued in 2026?

Based on GuruFocus' analysis, Amreli Steels stock appears to be overvalued. The current stock price of ₨15.94 is trading 63% above its estimated GF Value™ of ₨9.78. GuruFocus considers Amreli Steels to be Significantly Overvalued.

Key valuation signals for KAR:ASTL:

  • Cyclically Adjusted PS Ratio: 0.13 (32% below median its 10-year median of 0.19)
  • GF Value™: ₨9.78 vs. price of ₨15.94 (63% above fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 71.1% below the Steel median (#64 of 514)

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


Amreli Steels Business Description

Address KDA Scheme 5, Plot No. HC-3, Block No. 4, 14th Floor, Sky Tower, West Wing, Tower-A, Clifton, Karachi, PAK, 75730
Amreli Steels Ltd is involved in the manufacturing of steel reinforcement bars in Pakistan. The company's product offerings include Amreli Steels Maxima, Amreli Steels Ultima, Amreli Steels Xtreme and others. The majority of the firm's revenue is derived from Pakistan.
48GF Score

Get the complete analysis for KAR:ASTL

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

₨15.94
Price
₨9.78
GF Value