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Maharashtra SeamlessNSE:MAHSEAMLES +2.51%86 Cyclically Adjusted PS Ratio is 1.72 as of Aug. 13, 2026, which is 6% below its 10-year median of 1.83. GuruFocus rates NSE:MAHSEAMLES with a GF Score™ of 86/100 and a GF Value™ of ₹620.97 (Fairly Valued). The stock has 4 warning signs investors should review. Among 518 Steel companies, Maharashtra Seamless ranks worse than 84.36% on this metric.
The historical rank and industry rank for Maharashtra Seamless's Cyclically Adjusted PS Ratio or its related term are showing as below:
NSE:MAHSEAMLES'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.46 Med: 1.83 Max: 2.38
Current: 1.72
During the past years, Maharashtra Seamless's highest Cyclically Adjusted PS Ratio was 2.38. The lowest was 1.46. And the median was 1.83.
NSE:MAHSEAMLES's Cyclically Adjusted PS Ratio is ranked worse than 84.36% of 518
companies
in the Steel industry
Industry Median: 0.46
vs NSE:MAHSEAMLES: 1.72
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.
Maharashtra Seamless's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹81.430. 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 ₹354.36 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Maharashtra Seamless (NSE:MAHSEAMLES) 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.
Maharashtra Seamless Cyclically Adjusted PS Ratio Related Terms
Maharashtra Seamless Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Maharashtra Seamless'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.
Maharashtra Seamless Cyclically Adjusted PS Ratio Chart
NSE:MAHSEAMLES vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison
For the Steel subindustry, Maharashtra Seamless'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.
Maharashtra Seamless Cyclically Adjusted PS Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Maharashtra Seamless's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Maharashtra Seamless's Cyclically Adjusted PS Ratio falls into.
Maharashtra Seamless 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.
* 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.
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 1.72 mean?
Maharashtra Seamless (NSE:MAHSEAMLES) has a Cyclically Adjusted PS Ratio of 1.72 as of Aug. 13, 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 Maharashtra Seamless and its competitors. This is near median its historical median of 1.83. Over the past decade, Maharashtra Seamless' Cyclically Adjusted PS Ratio has ranged from 1.46 to 2.38. According to the industry distribution chart, Maharashtra Seamless ranks #437 out of 518 companies in the Steel industry, placing it in the top 84.4%.
Is Maharashtra Seamless' Cyclically Adjusted PS Ratio too high?
Maharashtra Seamless' current Cyclically Adjusted PS Ratio of 1.72 is near median its 10-year median of 1.83. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 2.38. The Steel industry median Cyclically Adjusted PS Ratio is 0.46. Maharashtra Seamless' value of 1.72 is 273.9% above this industry median. Based on the distribution chart, Maharashtra Seamless ranks #437 out of 518 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Maharashtra Seamless has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maharashtra Seamless' Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Maharashtra Seamless ranks #437 out of 518 companies for Cyclically Adjusted PS Ratio. This places Maharashtra Seamless in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.46. Maharashtra Seamless' value of 1.72 is 273.9% above this benchmark. Historically, Maharashtra Seamless' own Cyclically Adjusted PS Ratio has ranged from 1.46 to 2.38 over the past decade. While the company's 10-year median is 1.83 vs. the industry median of 0.46, Maharashtra Seamless has consistently been above 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.46, based on 518 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. Maharashtra Seamless's current Cyclically Adjusted PS Ratio of 1.72 is 273.9% above 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 Maharashtra Seamless and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maharashtra Seamless's current Cyclically Adjusted PS Ratio is 1.72, which is near median its own 10-year median of 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maharashtra Seamless stock overvalued right now?
Based on GuruFocus' analysis, Maharashtra Seamless (NSE:MAHSEAMLES) is currently considered Fairly Valued. The stock's GF Value™ is ₹620.97, compared to a current price of ₹609.95 — trading 1.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.72, which is near median its 10-year median of 1.83 and 273.9% above the Steel industry median of 0.46. Maharashtra Seamless' overall GF Score™ is 86/100 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 Maharashtra Seamless (NSE:MAHSEAMLES), the current Cyclically Adjusted PS Ratio is 1.72 as of Aug. 13, 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 Maharashtra Seamless (NSE:MAHSEAMLES) Overvalued in 2026?
Based on GuruFocus' analysis, Maharashtra Seamless stock appears to be undervalued.
The current stock price of ₹609.95 is trading 1.8% below its estimated GF Value™ of ₹620.97.
GuruFocus considers Maharashtra Seamless to be Fairly Valued.
Key valuation signals for NSE:MAHSEAMLES:
Cyclically Adjusted PS Ratio: 1.72 (near median its 10-year median of 1.83)
GF Value™: ₹620.97 vs. price of ₹609.95 (1.8% below fair value)
Industry Position: 273.9% above the Steel median (#437 of 518)
No single metric tells the full story. See the NSE:MAHSEAMLES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maharashtra Seamless Ltd is a steel pipe and tube manufacturer. The company's product portfolio consists of electric resistance welded pipes, which include black and galvanized pipes, and seamless pipes and tubes, which include hot finished, cold drawn, and pilgered pipes. These products are used in various applications and sectors like oil and gas, hydrocarbon, power, agriculture, housing, and infrastructure, among others. The company's operating segments consist of steel pipes and tubes, power-electricity, rig, and others. The majority of its revenue is derived from the steel pipes and tubes segment.
86GF Score
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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