Essar Shipping (NSE:ESSARSHPNG) Cyclically Adjusted PS Ratio: 0.40 (As of Jul. 25, 2026) — Near Median

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NSE:ESSARSHPNG Essar Shipping Ltd NSE:ESSARSHPNG
34 GF Score
Price ₹20.17
GF Value ₹1.06
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Essar Shipping Cyclically Adjusted PS Ratio?

Essar Shipping NSE:ESSARSHPNG +0.70% 34 Cyclically Adjusted PS Ratio is 0.40 as of Jul. 25, 2026, which is 7% below its 10-year median of 0.43. GuruFocus rates NSE:ESSARSHPNG with a GF Score™ of 34/100 and a GF Value™ of ₹1.06 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 762 Transportation companies, Essar Shipping ranks better than 73.1% on this metric.

As of today (2026-07-25), Essar Shipping's current share price is ₹20.17. Essar Shipping's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹49.94. Essar Shipping's Cyclically Adjusted PS Ratio for today is 0.40.

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

NSE:ESSARSHPNG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.43   Max: 0.84
Current: 0.41

During the past years, Essar Shipping's highest Cyclically Adjusted PS Ratio was 0.84. The lowest was 0.08. And the median was 0.43.

NSE:ESSARSHPNG's Cyclically Adjusted PS Ratio is ranked better than
73.1% of 762 companies
in the Transportation industry
Industry Median: 0.89 vs NSE:ESSARSHPNG: 0.41

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.

Essar Shipping's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹0.002. 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 ₹49.94 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Essar Shipping  (NSE:ESSARSHPNG) 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.


Essar Shipping Cyclically Adjusted PS Ratio Related Terms


Essar Shipping Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Essar Shipping'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.

Essar Shipping Cyclically Adjusted PS Ratio Chart

Essar Shipping 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 0.08 0.26 0.35 0.43

Essar Shipping 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 0.35 0.50 0.00 0.51 0.43

Essar Shipping Cyclically Adjusted PS Ratio Competitor Comparison

For the Marine Shipping subindustry, Essar Shipping'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.


Essar Shipping Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Essar Shipping's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:ESSARSHPNG
34GF Score
Essar Shipping Ltd NSE:ESSARSHPNG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Essar Shipping 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.

Essar Shipping's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.17/49.94
=0.40

* 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.

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

For example, Essar Shipping'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)
=0.002/164.2724*164.2724
=0.002

Current CPI (Mar. 2026) = 164.2724.

Essar Shipping Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 23.493 96.780 39.876
201503 20.924 97.163 35.376
201506 20.758 99.841 34.154
201509 20.215 101.753 32.635
201512 21.059 102.901 33.619
201603 21.783 102.518 34.904
201703 27.007 105.196 42.174
201803 0.000 109.786 0.000
201806 16.677 111.317 24.611
201809 15.258 115.142 21.769
201812 13.729 115.142 19.587
201903 15.353 118.202 21.337
201906 15.560 120.880 21.146
201909 17.633 123.175 23.516
201912 18.283 126.235 23.792
202003 10.918 124.705 14.382
202006 6.995 127.000 9.048
202009 6.189 130.118 7.814
202012 4.724 130.889 5.929
202103 4.277 131.771 5.332
202106 6.684 134.084 8.189
202109 7.169 135.847 8.669
202112 1.144 138.161 1.360
202203 0.706 138.822 0.835
202206 0.758 142.347 0.875
202209 0.814 144.661 0.924
202212 0.697 145.763 0.786
202303 0.663 146.865 0.742
202306 0.527 150.280 0.576
202309 0.566 151.492 0.614
202312 0.118 152.924 0.127
202403 -0.281 153.035 -0.302
202406 0.121 155.789 0.128
202409 7.136 157.882 7.425
202412 0.148 158.323 0.154
202503 -6.945 157.552 -7.241
202506 0.082 159.755 0.084
202509 0.000 162.289 0.000
202512 0.002 163.281 0.002
202603 0.002 164.272 0.002

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 0.40 mean?
Essar Shipping (NSE:ESSARSHPNG) has a Cyclically Adjusted PS Ratio of 0.40 as of Jul. 25, 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 Essar Shipping and its competitors. This is near median its historical median of 0.43. Over the past decade, Essar Shipping's Cyclically Adjusted PS Ratio has ranged from 0.08 to 0.84. According to the industry distribution chart, Essar Shipping ranks #205 out of 762 companies in the Transportation industry, placing it in the top 26.9%.
Is Essar Shipping's Cyclically Adjusted PS Ratio too high?
Essar Shipping's current Cyclically Adjusted PS Ratio of 0.40 is near median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.84. The Transportation industry median Cyclically Adjusted PS Ratio is 0.89. Essar Shipping's value of 0.40 is 55.1% below this industry median. Based on the distribution chart, Essar Shipping ranks #205 out of 762 companies in the Transportation industry, which is above the industry midpoint. Overall, Essar Shipping has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Essar Shipping's Cyclically Adjusted PS Ratio compare to competitors?
According to the Transportation industry distribution chart, Essar Shipping ranks #205 out of 762 companies for Cyclically Adjusted PS Ratio. This puts Essar Shipping in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.89. Essar Shipping's value of 0.40 is 55.1% below this benchmark. Historically, Essar Shipping's own Cyclically Adjusted PS Ratio has ranged from 0.08 to 0.84 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.89, Essar Shipping 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.89, based on 762 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. Essar Shipping's current Cyclically Adjusted PS Ratio of 0.40 is 55.1% 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 Essar Shipping and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Essar Shipping's current Cyclically Adjusted PS Ratio is 0.40, which is near median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Essar Shipping stock overvalued right now?
Based on GuruFocus' analysis, Essar Shipping (NSE:ESSARSHPNG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1.06, compared to a current price of ₹20.17 — trading 1802.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.40, which is near median its 10-year median of 0.43 and 55.1% below the Transportation industry median of 0.89. Essar Shipping's overall GF Score™ is 34/100 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 Essar Shipping (NSE:ESSARSHPNG), the current Cyclically Adjusted PS Ratio is 0.40 as of Jul. 25, 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 Essar Shipping (NSE:ESSARSHPNG) Overvalued in 2026?

Based on GuruFocus' analysis, Essar Shipping stock appears to be overvalued. The current stock price of ₹20.17 is trading 1802.8% above its estimated GF Value™ of ₹1.06. GuruFocus considers Essar Shipping to be Significantly Overvalued.

Key valuation signals for NSE:ESSARSHPNG:

  • Cyclically Adjusted PS Ratio: 0.40 (near median its 10-year median of 0.43)
  • GF Value™: ₹1.06 vs. price of ₹20.17 (1802.8% above fair value)
  • GF Score™: 34/100 with 7 warning signs
  • Industry Position: 55.1% below the Transportation median (#205 of 762)

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


Essar Shipping Business Description

Other Exchanges 533704:India
Address 11, K.K. Marg, Essar House, Mahalaxmi, Mumbai, MH, IND, 400 034
Essar Shipping Ltd is engaged in fleet operating and chartering and operates in international and coastal voyages. The company is diversified across various sectors of Energy, Infrastructure, steel, and Services. The company operates in Fleet operations and chartering, oilfield services, and logistics services. The company generates maximum revenue from a single operating segment, namely the Shipping segment.
34GF Score

Get the complete analysis for NSE:ESSARSHPNG

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

₹20.17
Price
₹1.06
GF Value