Electrosteel Castings (NSE:ELECTCAST) Cyclically Adjusted PS Ratio: 0.64 (As of Aug. 04, 2026) — 26% Below Median

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NSE:ELECTCAST Electrosteel Castings Ltd NSE:ELECTCAST
76 GF Score
Price ₹71.80
GF Value ₹86.70
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Electrosteel Castings Cyclically Adjusted PS Ratio?

Electrosteel Castings NSE:ELECTCAST +1.63% 76 Cyclically Adjusted PS Ratio is 0.64 as of Aug. 04, 2026, which is 26% below its 10-year median of 0.86. GuruFocus rates NSE:ELECTCAST with a GF Score™ of 76/100 and a GF Value™ of ₹86.70 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,359 Construction companies, Electrosteel Castings ranks better than 53.35% on this metric.

As of today (2026-08-04), Electrosteel Castings's current share price is ₹71.80. Electrosteel Castings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹113.02. Electrosteel Castings's Cyclically Adjusted PS Ratio for today is 0.64.

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

NSE:ELECTCAST' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.86   Max: 1.83
Current: 0.64

During the past years, Electrosteel Castings's highest Cyclically Adjusted PS Ratio was 1.83. The lowest was 0.56. And the median was 0.86.

NSE:ELECTCAST's Cyclically Adjusted PS Ratio is ranked better than
53.35% of 1359 companies
in the Construction industry
Industry Median: 0.7 vs NSE:ELECTCAST: 0.64

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.

Electrosteel Castings's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹24.286. 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 ₹113.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Electrosteel Castings  (NSE:ELECTCAST) 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.


Electrosteel Castings Cyclically Adjusted PS Ratio Related Terms


Electrosteel Castings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Electrosteel Castings'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.

Electrosteel Castings Cyclically Adjusted PS Ratio Chart

Electrosteel Castings 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 0.00 0.00 0.00 0.89 0.65

Electrosteel Castings 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 0.89 1.18 0.83 0.69 0.65

NSE:ELECTCAST vs TT, JCI, CARR: Cyclically Adjusted PS Ratio Comparison

For the Building Products & Equipment subindustry, Electrosteel Castings'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.


Electrosteel Castings Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Electrosteel Castings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:ELECTCAST
76GF Score
Electrosteel Castings Ltd NSE:ELECTCAST
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Electrosteel Castings 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.

Electrosteel Castings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=71.80/113.02
=0.64

* 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.

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

For example, Electrosteel Castings'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)
=24.286/164.2724*164.2724
=24.286

Current CPI (Mar. 2026) = 164.2724.

Electrosteel Castings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 16.103 111.317 23.764
201809 15.967 115.142 22.780
201812 17.617 115.142 25.134
201903 22.977 118.202 31.932
201906 16.177 120.880 21.984
201909 16.006 123.175 21.346
201912 16.122 126.235 20.980
202003 15.425 124.705 20.319
202006 7.594 127.000 9.823
202009 17.328 130.118 21.876
202012 26.851 130.889 33.699
202103 19.070 131.771 23.774
202106 25.348 134.084 31.055
202109 26.985 135.847 32.631
202112 33.218 138.161 39.496
202203 26.249 138.822 31.061
202206 29.734 142.347 34.314
202209 30.046 144.661 34.119
202212 31.165 145.763 35.122
202303 30.930 146.865 34.596
202306 28.360 150.280 31.001
202309 32.214 151.492 34.932
202312 31.231 152.924 33.549
202403 31.860 153.035 34.200
202406 32.503 155.789 34.273
202409 29.566 157.882 30.763
202412 28.734 158.323 29.814
202503 27.484 157.552 28.656
202506 25.188 159.755 25.900
202509 22.643 162.289 22.920
202512 23.539 163.281 23.682
202603 24.286 164.272 24.286

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 0.64 mean?
Electrosteel Castings (NSE:ELECTCAST) has a Cyclically Adjusted PS Ratio of 0.64 as of Aug. 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 Electrosteel Castings and its competitors. This is 26% below median its historical median of 0.86. Over the past decade, Electrosteel Castings' Cyclically Adjusted PS Ratio has ranged from 0.56 to 1.83. According to the industry distribution chart, Electrosteel Castings ranks #634 out of 1359 companies in the Construction industry, placing it in the top 46.7%.
Is Electrosteel Castings' Cyclically Adjusted PS Ratio too high?
Electrosteel Castings' current Cyclically Adjusted PS Ratio of 0.64 is 26% below median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.83. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Electrosteel Castings' value of 0.64 is 8.6% below this industry median. Based on the distribution chart, Electrosteel Castings ranks #634 out of 1359 companies in the Construction industry, which is above the industry midpoint. Overall, Electrosteel Castings has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Electrosteel Castings' Cyclically Adjusted PS Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Electrosteel Castings ranks #634 out of 1359 companies for Cyclically Adjusted PS Ratio. This puts Electrosteel Castings in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Electrosteel Castings' value of 0.64 is 8.6% below this benchmark. Historically, Electrosteel Castings' own Cyclically Adjusted PS Ratio has ranged from 0.56 to 1.83 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 0.70, Electrosteel Castings 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,359 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. Electrosteel Castings's current Cyclically Adjusted PS Ratio of 0.64 is 8.6% 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 Electrosteel Castings and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electrosteel Castings's current Cyclically Adjusted PS Ratio is 0.64, which is 26% below median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electrosteel Castings stock overvalued right now?
Based on GuruFocus' analysis, Electrosteel Castings (NSE:ELECTCAST) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹86.70, compared to a current price of ₹71.80 — trading 17.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.64, which is 26% below median its 10-year median of 0.86 and 8.6% below the Construction industry median of 0.70. Electrosteel Castings' overall GF Score™ is 76/100 with 4 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 Electrosteel Castings (NSE:ELECTCAST), the current Cyclically Adjusted PS Ratio is 0.64 as of Aug. 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.

Is Electrosteel Castings (NSE:ELECTCAST) Overvalued in 2026?

Based on GuruFocus' analysis, Electrosteel Castings stock appears to be undervalued. The current stock price of ₹71.80 is trading 17.2% below its estimated GF Value™ of ₹86.70. GuruFocus considers Electrosteel Castings to be Modestly Undervalued.

Key valuation signals for NSE:ELECTCAST:

  • Cyclically Adjusted PS Ratio: 0.64 (26% below median its 10-year median of 0.86)
  • GF Value™: ₹86.70 vs. price of ₹71.80 (17.2% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 8.6% below the Construction median (#634 of 1359)

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


Electrosteel Castings Business Description

Other Exchanges 500128:India
Address 19, Camac Street, G.K. Tower, Kolkata, WB, IND, 700017
Electrosteel Castings Ltd is a pipeline solution provider. The business activity of the firm is the manufacturing of ductile iron pipes, fittings, and cast-iron pipes. It offers a range of pipes, which includes DI pipes, Electrolock pipes, and DI flanged pipes, among others. In addition, it also produces Pig Iron, Metallurgical Coke, Sponge Iron, Sinter, Cement, Ferro products, Paint and Power. The company has one reportable segment, namely, Pipes and Fittings, and all other activities revolve around the main business. Geographically, it derives a majority of its revenue within India and also has its presence in international markets through exports of its products.
76GF Score

Get the complete analysis for NSE:ELECTCAST

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

₹71.80
Price
₹86.70
GF Value