Oil Country Tubular (NSE:OILCOUNTUB) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:OILCOUNTUB Oil Country Tubular Ltd NSE:OILCOUNTUB
53 GF Score
Price ₹65.54
GF Value ₹66.61
Valuation Fairly Valued
! 3 Warning Signs
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What is Oil Country Tubular Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Oil Country Tubular  (NSE:OILCOUNTUB) 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.


Oil Country Tubular Cyclically Adjusted PS Ratio Related Terms


Oil Country Tubular Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Oil Country Tubular'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.

Oil Country Tubular Cyclically Adjusted PS Ratio Chart

Oil Country Tubular 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 0.20 0.49 2.26 6.87 5.16

Oil Country Tubular 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 7.18 5.58 5.95 4.36 6.81

NSE:OILCOUNTUB vs SLB, BKR, HAL: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Oil Country Tubular'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.


Oil Country Tubular Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Oil Country Tubular's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:OILCOUNTUB
53GF Score
Oil Country Tubular Ltd NSE:OILCOUNTUB
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oil Country Tubular 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.

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

For example, Oil Country Tubular'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)
=3.347/167.3573*167.3573
=3.347

Current CPI (Jun. 2026) = 167.3573.

Oil Country Tubular Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.313 105.961 0.494
201612 0.850 105.196 1.352
201703 0.526 105.196 0.837
201706 0.331 107.109 0.517
201709 0.441 109.021 0.677
201712 0.290 109.404 0.444
201803 1.467 109.786 2.236
201806 2.599 111.317 3.907
201809 1.490 115.142 2.166
201812 1.220 115.142 1.773
201903 0.422 118.202 0.597
201906 1.787 120.880 2.474
201909 0.462 123.175 0.628
201912 0.129 126.235 0.171
202003 0.116 124.705 0.156
202006 0.000 127.000 0.000
202009 0.163 130.118 0.210
202012 0.000 130.889 0.000
202103 0.340 131.771 0.432
202106 0.000 134.084 0.000
202109 0.000 135.847 0.000
202112 0.000 138.161 0.000
202203 0.000 138.822 0.000
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 0.028 145.763 0.032
202303 0.035 146.865 0.040
202306 0.047 150.280 0.052
202309 0.171 151.492 0.189
202312 1.350 152.924 1.477
202403 2.550 153.035 2.789
202406 5.645 155.789 6.064
202409 5.048 157.882 5.351
202412 9.305 158.323 9.836
202503 7.654 157.552 8.130
202506 4.726 159.755 4.951
202509 1.933 162.289 1.993
202512 1.081 163.281 1.108
202603 5.743 164.272 5.851
202606 3.347 167.357 3.347

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 Oil Country Tubular (NSE:OILCOUNTUB) Overvalued in 2026?

Based on GuruFocus' analysis, Oil Country Tubular stock appears to be undervalued. The current stock price of ₹65.54 is trading 1.6% below its estimated GF Value™ of ₹66.61. GuruFocus considers Oil Country Tubular to be Fairly Valued.

Key valuation signals for NSE:OILCOUNTUB:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹66.61 vs. price of ₹65.54 (1.6% below fair value)
  • GF Score™: 53/100 with 3 warning signs

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


Oil Country Tubular Business Description

Industry EnergyOil & Gas
Other Exchanges 500313:India
Address King Kothi Road, KAMINENI, 3rd Floor, Hyderabad, TG, IND, 500001
Oil Country Tubular Ltd is an Indian firm. It is engaged in the business of manufacturing of Casing, Tubing, and Drill Pipe which are used in the Oil and Gas Sector for the drilling and exploration of Oil and Gas. Its product and service offerings are Drill Pipe, Heavy Weight Drill Pipe, Drill Collars, Kellys, Internal Plastic Coating of Drill Pipe and Tubing, and Field Inspection of Tubulars. It serves domestically and exports to Indonesia. It generates maximum revenue by providing OCTG services.
53GF Score

Get the complete analysis for NSE:OILCOUNTUB

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

₹65.54
Price
₹66.61
GF Value