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Astra Microwave ProductsNSE:ASTRAMICRO -0.05%78 Cyclically Adjusted PS Ratio is 17.23 as of Jul. 20, 2026, which is 126% above its 10-year median of 7.63. GuruFocus rates NSE:ASTRAMICRO with a GF Score™ of 78/100 and a GF Value™ of ₹1,026.19 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,976 Hardware companies, Astra Microwave Products ranks worse than 96.41% on this metric.
The historical rank and industry rank for Astra Microwave Products's Cyclically Adjusted PS Ratio or its related term are showing as below:
NSE:ASTRAMICRO'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.6 Med: 7.63 Max: 18.65
Current: 17.37
During the past years, Astra Microwave Products's highest Cyclically Adjusted PS Ratio was 18.65. The lowest was 2.60. And the median was 7.63.
NSE:ASTRAMICRO's Cyclically Adjusted PS Ratio is ranked worse than 96.41% of 1976
companies
in the Hardware industry
Industry Median: 1.37
vs NSE:ASTRAMICRO: 17.37
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.
Astra Microwave Products's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹51.322. 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 ₹99.87 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Astra Microwave Products (NSE:ASTRAMICRO) 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.
Astra Microwave Products Cyclically Adjusted PS Ratio Related Terms
Astra Microwave Products Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Astra Microwave Products'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.
Astra Microwave Products Cyclically Adjusted PS Ratio Chart
NSE:ASTRAMICRO vs CSCO, CIEN, MSI: Cyclically Adjusted PS Ratio Comparison
For the Communication Equipment subindustry, Astra Microwave Products'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.
Astra Microwave Products Cyclically Adjusted PS Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Astra Microwave Products's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Astra Microwave Products's Cyclically Adjusted PS Ratio falls into.
Astra Microwave Products 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.
* 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.
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 17.23 mean?
Astra Microwave Products (NSE:ASTRAMICRO) has a Cyclically Adjusted PS Ratio of 17.23 as of Jul. 20, 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 Astra Microwave Products and its competitors. This is 126% above median its historical median of 7.63. Over the past decade, Astra Microwave Products' Cyclically Adjusted PS Ratio has ranged from 2.60 to 18.65. According to the industry distribution chart, Astra Microwave Products ranks #1905 out of 1976 companies in the Hardware industry, placing it in the top 96.4%.
Is Astra Microwave Products' Cyclically Adjusted PS Ratio too high?
Astra Microwave Products' current Cyclically Adjusted PS Ratio of 17.23 is 126% above median its 10-year median of 7.63. Over the past 10 years, this metric has ranged from a low of 2.60 to a high of 18.65. The Hardware industry median Cyclically Adjusted PS Ratio is 1.37. Astra Microwave Products' value of 17.23 is 1157.7% above this industry median. Based on the distribution chart, Astra Microwave Products ranks #1905 out of 1976 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Astra Microwave Products has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Astra Microwave Products' Cyclically Adjusted PS Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Astra Microwave Products ranks #1905 out of 1976 companies for Cyclically Adjusted PS Ratio. This places Astra Microwave Products in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.37. Astra Microwave Products' value of 17.23 is 1157.7% above this benchmark. Historically, Astra Microwave Products' own Cyclically Adjusted PS Ratio has ranged from 2.60 to 18.65 over the past decade. While the company's 10-year median is 7.63 vs. the industry median of 1.37, Astra Microwave Products 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.37, based on 1,976 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. Astra Microwave Products's current Cyclically Adjusted PS Ratio of 17.23 is 1157.7% 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 Astra Microwave Products and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astra Microwave Products's current Cyclically Adjusted PS Ratio is 17.23, which is 126% above median its own 10-year median of 7.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astra Microwave Products stock overvalued right now?
Based on GuruFocus' analysis, Astra Microwave Products (NSE:ASTRAMICRO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,026.19, compared to a current price of ₹1,720.80 — trading 67.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 17.23, which is 126% above median its 10-year median of 7.63 and 1157.7% above the Hardware industry median of 1.37. Astra Microwave Products' overall GF Score™ is 78/100 with 7 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 Astra Microwave Products (NSE:ASTRAMICRO), the current Cyclically Adjusted PS Ratio is 17.23 as of Jul. 20, 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 Astra Microwave Products (NSE:ASTRAMICRO) Overvalued in 2026?
Based on GuruFocus' analysis, Astra Microwave Products stock appears to be overvalued.
The current stock price of ₹1,720.80 is trading 67.7% above its estimated GF Value™ of ₹1,026.19.
GuruFocus considers Astra Microwave Products to be Significantly Overvalued.
Key valuation signals for NSE:ASTRAMICRO:
Cyclically Adjusted PS Ratio: 17.23 (126% above median its 10-year median of 7.63)
GF Value™: ₹1,026.19 vs. price of ₹1,720.80 (67.7% above fair value)
Industry Position: 1157.7% above the Hardware median (#1905 of 1976)
No single metric tells the full story. See the NSE:ASTRAMICRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Astra Microwave Products Ltd is engaged in designing and manufacturing radio frequency (RF) and microwave super components and sub-systems finding applications in defense, space, telecom, meteorology, and civil communication systems. The principal activity of the company is to carry on the business to manufacture, produce, assemble, repair, maintain, importing, export, buy, sell, or otherwise deal in all kinds of electronic items and components.
78GF Score
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