Frontier Springs (NSE:FRONTSP) Cyclically Adjusted PS Ratio: (As of Aug. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:FRONTSP Frontier Springs Ltd NSE:FRONTSP
75 GF Score
Price ₹1,281.40
GF Value ₹1,376.26
Valuation Fairly Valued
! 2 Warning Signs
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What is Frontier Springs Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Frontier Springs  (NSE:FRONTSP) 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.


Frontier Springs Cyclically Adjusted PS Ratio Related Terms


Frontier Springs Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Frontier Springs'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.

Frontier Springs Cyclically Adjusted PS Ratio Chart

Frontier Springs 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 1.43 1.69 4.81 6.69 9.84

Frontier Springs Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 14.93 13.32 11.39 9.84 10.49

NSE:FRONTSP vs : Cyclically Adjusted PS Ratio Comparison

For the Metal Fabrication subindustry, Frontier Springs'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.


Frontier Springs Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


NSE:FRONTSP
75GF Score
Frontier Springs Ltd NSE:FRONTSP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frontier Springs 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.

Frontier Springs's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Frontier Springs's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=66.437/333.9520*333.9520
=66.437

Current CPI (Jun. 2026) = 333.9520.

Frontier Springs Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 8.838 241.428 12.225
201612 10.550 241.432 14.593
201703 11.344 243.801 15.539
201706 12.399 244.955 16.904
201709 11.236 246.819 15.203
201712 12.007 246.524 16.265
201803 14.615 249.554 19.558
201806 15.603 251.989 20.678
201809 16.581 252.439 21.935
201812 18.063 251.233 24.010
201903 18.318 254.202 24.065
201906 20.556 256.143 26.800
201909 21.347 256.759 27.765
201912 24.153 256.974 31.388
202003 17.106 258.115 22.132
202006 14.221 257.797 18.422
202009 18.431 260.280 23.648
202012 14.669 260.474 18.807
202103 17.815 264.877 22.461
202106 21.090 271.696 25.923
202109 20.729 274.310 25.236
202112 17.446 278.802 20.897
202203 14.097 287.504 16.374
202206 15.967 296.311 17.995
202209 29.061 296.808 32.698
202212 23.497 296.797 26.439
202303 21.990 301.836 24.330
202306 29.300 305.109 32.070
202309 31.970 307.789 34.688
202312 35.301 306.746 38.432
202403 34.210 312.332 36.578
202406 45.741 314.175 48.620
202409 44.209 315.301 46.824
202412 45.762 315.605 48.422
202503 59.312 319.799 61.937
202506 63.770 322.561 66.022
202509 70.024 324.800 71.997
202512 75.031 324.054 77.323
202603 69.876 330.213 70.667
202606 66.437 333.952 66.437

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.

Is Frontier Springs (NSE:FRONTSP) Overvalued in 2026?

Based on GuruFocus' analysis, Frontier Springs stock appears to be undervalued. The current stock price of ₹1,281.40 is trading 6.9% below its estimated GF Value™ of ₹1,376.26. GuruFocus considers Frontier Springs to be Fairly Valued.

Key valuation signals for NSE:FRONTSP:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹1,376.26 vs. price of ₹1,281.40 (6.9% below fair value)
  • GF Score™: 75/100 with 2 warning signs

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


Frontier Springs Business Description

Comparable Companies
Other Exchanges 522195:India
Address E-14, Panki Industrial Area, Site-1, Kanpur, UP, IND, 208 022
Frontier Springs Ltd is engaged in the manufacturing of hot Coiled springs and forging items for transportation, industrial, and government applications. The product offering of the company includes L.B.Springs and Hot Coiled Compression Spring and forging items for Wagon, Locomotives, and Carriages, among others. The company supplies its products to railways, bogie manufacturers, Chittaranjan locomotive works, diesel locomotive works, integrated coach factories, and rail coach factories. In addition to the supply to the railways, the company is also supplying the springs to heavy engineering industries and original earth movers equipment manufacturers.
75GF Score

Get the complete analysis for NSE:FRONTSP

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

₹1,281.40
Price
₹1,376.26
GF Value