DCM (NSE:DCM) Cyclically Adjusted PS Ratio: 0.39 (As of Jul. 23, 2026) — 105% Above Median

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NSE:DCM DCM Ltd NSE:DCM
71 GF Score
Price ₹92.07
GF Value ₹95.07
Valuation Fairly Valued
! 3 Warning Signs
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What is DCM Cyclically Adjusted PS Ratio?

DCM NSE:DCM -4.99% 71 Cyclically Adjusted PS Ratio is 0.39 as of Jul. 23, 2026, which is 105% above its 10-year median of 0.19. GuruFocus rates NSE:DCM with a GF Score™ of 71/100 and a GF Value™ of ₹95.07 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,298 Industrial Products companies, DCM ranks better than 85.29% on this metric.

As of today (2026-07-23), DCM's current share price is ₹92.07. DCM's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹233.14. DCM's Cyclically Adjusted PS Ratio for today is 0.39.

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

NSE:DCM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.19   Max: 0.43
Current: 0.4

During the past years, DCM's highest Cyclically Adjusted PS Ratio was 0.43. The lowest was 0.03. And the median was 0.19.

NSE:DCM's Cyclically Adjusted PS Ratio is ranked better than
85.29% of 2298 companies
in the Industrial Products industry
Industry Median: 1.745 vs NSE:DCM: 0.40

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.

DCM's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹10.122. 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 ₹233.14 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


DCM  (NSE:DCM) 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.


DCM Cyclically Adjusted PS Ratio Related Terms


DCM Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for DCM'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.

DCM Cyclically Adjusted PS Ratio Chart

DCM 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 0.17 0.16 0.19 0.32 0.24

DCM 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 0.32 0.37 0.36 0.37 0.24

NSE:DCM vs CRS, ATI, MLI: Cyclically Adjusted PS Ratio Comparison

For the Metal Fabrication subindustry, DCM'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.


DCM Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, DCM's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:DCM
71GF Score
DCM Ltd NSE:DCM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DCM 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.

DCM's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=92.07/233.14
=0.39

* 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.

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

For example, DCM'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)
=10.122/164.2724*164.2724
=10.122

Current CPI (Mar. 2026) = 164.2724.

DCM Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 126.384 105.961 195.934
201609 111.979 105.961 173.602
201612 135.726 105.196 211.948
201703 135.467 105.196 211.543
201706 130.777 107.109 200.572
201709 133.142 109.021 200.617
201712 114.891 109.404 172.511
201803 108.040 109.786 161.659
201806 149.328 111.317 220.367
201809 45.435 115.142 64.822
201812 67.917 115.142 96.897
201903 55.369 118.202 76.950
201906 47.820 120.880 64.986
201909 38.223 123.175 50.976
201912 7.373 126.235 9.595
202003 5.326 124.705 7.016
202006 5.981 127.000 7.736
202009 5.413 130.118 6.834
202012 6.594 130.889 8.276
202103 6.554 131.771 8.171
202106 8.493 134.084 10.405
202109 8.932 135.847 10.801
202112 9.240 138.161 10.986
202203 9.971 138.822 11.799
202206 9.685 142.347 11.177
202209 9.475 144.661 10.759
202212 8.978 145.763 10.118
202303 9.094 146.865 10.172
202306 9.667 150.280 10.567
202309 9.555 151.492 10.361
202312 9.340 152.924 10.033
202403 6.706 153.035 7.198
202406 9.538 155.789 10.057
202409 8.901 157.882 9.261
202412 9.277 158.323 9.626
202503 8.846 157.552 9.223
202506 9.457 159.755 9.724
202509 9.478 162.289 9.594
202512 9.429 163.281 9.486
202603 10.122 164.272 10.122

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 0.39 mean?
DCM (NSE:DCM) has a Cyclically Adjusted PS Ratio of 0.39 as of Jul. 23, 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 DCM and its competitors. This is 105% above median its historical median of 0.19. Over the past decade, DCM's Cyclically Adjusted PS Ratio has ranged from 0.03 to 0.43. According to the industry distribution chart, DCM ranks #338 out of 2298 companies in the Industrial Products industry, placing it in the top 14.7%.
Is DCM's Cyclically Adjusted PS Ratio too high?
DCM's current Cyclically Adjusted PS Ratio of 0.39 is 105% above median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.43. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.75. DCM's value of 0.39 is 77.7% below this industry median. Based on the distribution chart, DCM ranks #338 out of 2298 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, DCM has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DCM's Cyclically Adjusted PS Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, DCM ranks #338 out of 2298 companies for Cyclically Adjusted PS Ratio. This places DCM in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.75. DCM's value of 0.39 is 77.7% below this benchmark. Historically, DCM's own Cyclically Adjusted PS Ratio has ranged from 0.03 to 0.43 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 1.75, DCM 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.75, based on 2,298 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. DCM's current Cyclically Adjusted PS Ratio of 0.39 is 77.7% 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 DCM and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DCM's current Cyclically Adjusted PS Ratio is 0.39, which is 105% above 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 DCM stock overvalued right now?
Based on GuruFocus' analysis, DCM (NSE:DCM) is currently considered Fairly Valued. The stock's GF Value™ is ₹95.07, compared to a current price of ₹92.07 — trading 3.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.39, which is 105% above median its 10-year median of 0.19 and 77.7% below the Industrial Products industry median of 1.75. DCM's overall GF Score™ is 71/100 with 3 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 DCM (NSE:DCM), the current Cyclically Adjusted PS Ratio is 0.39 as of Jul. 23, 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 DCM (NSE:DCM) Overvalued in 2026?

Based on GuruFocus' analysis, DCM stock appears to be undervalued. The current stock price of ₹92.07 is trading 3.2% below its estimated GF Value™ of ₹95.07. GuruFocus considers DCM to be Fairly Valued.

Key valuation signals for NSE:DCM:

  • Cyclically Adjusted PS Ratio: 0.39 (105% above median its 10-year median of 0.19)
  • GF Value™: ₹95.07 vs. price of ₹92.07 (3.2% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 77.7% below the Industrial Products median (#338 of 2298)

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


DCM Business Description

Other Exchanges 502820:India
Address 20, Manohar Lal Khurana Marg, Plaza - II, Central Square, Unit Nos. 2050 to 2052, 2nd Floor, Bara Hindu Rao, New Delhi, IND, 110006
DCM Ltd is engaged in the business of Textiles, Grey iron casting, IT Infrastructure Services, and Real Estate. It is mainly involved in the business of manufacturing and supplying castings across all segments in the automotive market, Real Estate and IT activities. The segments of the group are IT services; Real estate and Grey iron casting. The Real Estate segment encompasses the development of the Company's real estate site at Bara Hindu Rao/ Kishan Ganj, Delhi.
71GF Score

Get the complete analysis for NSE:DCM

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

₹92.07
Price
₹95.07
GF Value