Bright Solar (NSE:BRIGHT) Cyclically Adjusted PS Ratio: 0.20 (As of Sep. 04, 2026)

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NSE:BRIGHT Bright Solar Ltd NSE:BRIGHT
6 GF Score
Price ₹2.80
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What is Bright Solar Cyclically Adjusted PS Ratio?

Bright Solar NSE:BRIGHT 6 Cyclically Adjusted PS Ratio is 0.20 as of Sep. 04, 2026. GuruFocus rates NSE:BRIGHT with a GF Score™ of 6/100.

As of today (2026-09-04), Bright Solar's current share price is ₹2.80. Bright Solar's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar25 was ₹14.28. Bright Solar's Cyclically Adjusted PS Ratio for today is 0.20.

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

NSE:BRIGHT's Cyclically Adjusted PS Ratio is not ranked *
in the Semiconductors industry.
Industry Median: 3.08
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Bright Solar's adjusted revenue per share data of for the fiscal year that ended in Mar25 was ₹0.762. 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 ₹14.28 for the trailing ten years ended in Mar25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bright Solar  (NSE:BRIGHT) 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.


Bright Solar Cyclically Adjusted PS Ratio Related Terms


Bright Solar Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bright Solar'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.

Bright Solar Cyclically Adjusted PS Ratio Chart

Bright Solar 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 0.00 0.31 0.30 0.47 0.20

Bright Solar Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 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 0.30 0.00 0.47 0.00 0.20

NSE:BRIGHT vs FSLR, ENPH, NXT: Cyclically Adjusted PS Ratio Comparison

For the Solar subindustry, Bright Solar'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.


Bright Solar Cyclically Adjusted PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Bright Solar's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:BRIGHT
6GF Score
Bright Solar Ltd NSE:BRIGHT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bright Solar 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.

Bright Solar's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.80/14.28
=0.20

* 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.

Bright Solar's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar25 is calculated as:

For example, Bright Solar'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)
=0.762/157.5517*157.5517
=0.762

Current CPI (Mar25) = 157.5517.

Bright Solar Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201603 7.370 102.518 11.326
201703 8.837 105.196 13.235
201803 19.402 109.786 27.843
201903 30.250 118.202 40.320
202003 11.505 124.705 14.535
202103 12.022 131.771 14.374
202203 3.523 138.822 3.998
202303 11.557 146.865 12.398
202403 3.855 153.035 3.969
202503 0.762 157.552 0.762

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 0.20 mean?
Bright Solar (NSE:BRIGHT) has a Cyclically Adjusted PS Ratio of 0.20 as of Sep. 04, 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 Bright Solar and its competitors.
Is Bright Solar's Cyclically Adjusted PS Ratio too high?
Bright Solar's current Cyclically Adjusted PS Ratio is 0.20. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.08. Bright Solar's value of 0.20 is 93.5% below this industry median. Overall, Bright Solar has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Bright Solar's Cyclically Adjusted PS Ratio compare to FSLR and ENPH?
Bright Solar's Cyclically Adjusted PS Ratio of 0.20 can be compared against companies in the Semiconductors industry. The industry median Cyclically Adjusted PS Ratio is 3.08. Bright Solar's value of 0.20 is 93.5% below this benchmark. 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 Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 3.08, based on 730 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. Bright Solar's current Cyclically Adjusted PS Ratio of 0.20 is 93.5% 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 Bright Solar and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Solar's current Cyclically Adjusted PS Ratio is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Solar stock overvalued right now?
Bright Solar (NSE:BRIGHT) has a current Cyclically Adjusted PS Ratio of 0.20. The current Cyclically Adjusted PS Ratio is 0.20 and 93.5% below the Semiconductors industry median of 3.08. Bright Solar's overall GF Score™ is 6/100. 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 Bright Solar (NSE:BRIGHT), the current Cyclically Adjusted PS Ratio is 0.20 as of Sep. 04, 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.

Bright Solar Business Description

Address Shyamal Cross Road, S.F-203, Shangrila Arcade, Opposite Shyamal 3A Row Houses, Satellite, Ahmedabad, GJ, IND, 380 015
Bright Solar Ltd is engaged in the business of manufacturing of solar pump and pumping system & other solar products and Infrastructure projects which includes Rural water supply projects & EPC projects of Water treatment & Sewerage treatment plant unit. Its product offerings include solar water pumping systems, DC solar pumps, AC solar pumps, and others. The operating segments of the company are Solar Water Pumping and Other Solar System; Sale of Services- Installation of Systems and Consulting of Project Tendering, Infrastructure projects, FMCG Business and Drone Services Business. The company generates the majority of its revenue from Solar Water Pumping and other system sales.
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