Prakash Steelage (NSE:PRAKASHSTL) Cyclically Adjusted PS Ratio: 0.37 (As of Jul. 30, 2026) — 23% Above Median

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NSE:PRAKASHSTL Prakash Steelage Ltd NSE:PRAKASHSTL
73 GF Score
Price ₹4.01
GF Value ₹7.07
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Prakash Steelage Cyclically Adjusted PS Ratio?

Prakash Steelage NSE:PRAKASHSTL -0.25% 73 Cyclically Adjusted PS Ratio is 0.37 as of Jul. 30, 2026, which is 23% above its 10-year median of 0.30. GuruFocus rates NSE:PRAKASHSTL with a GF Score™ of 73/100 and a GF Value™ of ₹7.07 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 515 Steel companies, Prakash Steelage ranks better than 55.53% on this metric.

As of today (2026-07-30), Prakash Steelage's current share price is ₹4.01. Prakash Steelage's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹10.95. Prakash Steelage's Cyclically Adjusted PS Ratio for today is 0.37.

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

NSE:PRAKASHSTL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.3   Max: 0.52
Current: 0.37

During the past years, Prakash Steelage's highest Cyclically Adjusted PS Ratio was 0.52. The lowest was 0.11. And the median was 0.30.

NSE:PRAKASHSTL's Cyclically Adjusted PS Ratio is ranked better than
55.53% of 515 companies
in the Steel industry
Industry Median: 0.45 vs NSE:PRAKASHSTL: 0.37

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.

Prakash Steelage's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹1.418. 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 ₹10.95 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prakash Steelage  (NSE:PRAKASHSTL) 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.


Prakash Steelage Cyclically Adjusted PS Ratio Related Terms


Prakash Steelage Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Prakash Steelage'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.

Prakash Steelage Cyclically Adjusted PS Ratio Chart

Prakash Steelage 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 0.11 0.27 0.31 0.37

Prakash Steelage 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 0.31 0.33 0.36 0.44 0.37

NSE:PRAKASHSTL vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Prakash Steelage'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.


Prakash Steelage Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Prakash Steelage's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:PRAKASHSTL
73GF Score
Prakash Steelage Ltd NSE:PRAKASHSTL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Prakash Steelage 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.

Prakash Steelage's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.01/10.95
=0.37

* 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.

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

For example, Prakash Steelage'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)
=1.418/164.2724*164.2724
=1.418

Current CPI (Mar. 2026) = 164.2724.

Prakash Steelage Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 14.547 96.780 24.692
201503 23.697 97.163 40.064
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201706 0.634 107.109 0.972
201709 0.831 109.021 1.252
201712 0.696 109.404 1.045
201803 0.436 109.786 0.652
201806 0.385 111.317 0.568
201809 0.855 115.142 1.220
201812 0.774 115.142 1.104
201903 0.480 118.202 0.667
201906 0.314 120.880 0.427
201909 0.508 123.175 0.677
201912 0.633 126.235 0.824
202003 0.509 124.705 0.670
202006 0.190 127.000 0.246
202009 0.328 130.118 0.414
202012 0.371 130.889 0.466
202103 0.478 131.771 0.596
202106 0.463 134.084 0.567
202109 0.559 135.847 0.676
202112 0.708 138.161 0.842
202203 0.909 138.822 1.076
202206 0.974 142.347 1.124
202209 1.170 144.661 1.329
202212 1.634 145.763 1.841
202303 1.839 146.865 2.057
202306 1.471 150.280 1.608
202309 1.577 151.492 1.710
202312 1.478 152.924 1.588
202403 1.458 153.035 1.565
202406 0.958 155.789 1.010
202409 1.388 157.882 1.444
202412 1.139 158.323 1.182
202503 1.218 157.552 1.270
202506 0.863 159.755 0.887
202509 1.432 162.289 1.449
202512 1.462 163.281 1.471
202603 1.418 164.272 1.418

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 0.37 mean?
Prakash Steelage (NSE:PRAKASHSTL) has a Cyclically Adjusted PS Ratio of 0.37 as of Jul. 30, 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 Prakash Steelage and its competitors. This is 23% above median its historical median of 0.30. Over the past decade, Prakash Steelage's Cyclically Adjusted PS Ratio has ranged from 0.11 to 0.52. According to the industry distribution chart, Prakash Steelage ranks #229 out of 515 companies in the Steel industry, placing it in the top 44.5%.
Is Prakash Steelage's Cyclically Adjusted PS Ratio too high?
Prakash Steelage's current Cyclically Adjusted PS Ratio of 0.37 is 23% above median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.52. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Prakash Steelage's value of 0.37 is 17.8% below this industry median. Based on the distribution chart, Prakash Steelage ranks #229 out of 515 companies in the Steel industry, which is above the industry midpoint. Overall, Prakash Steelage has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Prakash Steelage's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Prakash Steelage ranks #229 out of 515 companies for Cyclically Adjusted PS Ratio. This puts Prakash Steelage in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Prakash Steelage's value of 0.37 is 17.8% below this benchmark. Historically, Prakash Steelage's own Cyclically Adjusted PS Ratio has ranged from 0.11 to 0.52 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 0.45, Prakash Steelage 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 515 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. Prakash Steelage's current Cyclically Adjusted PS Ratio of 0.37 is 17.8% 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 Prakash Steelage and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prakash Steelage's current Cyclically Adjusted PS Ratio is 0.37, which is 23% above median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prakash Steelage stock overvalued right now?
Based on GuruFocus' analysis, Prakash Steelage (NSE:PRAKASHSTL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹7.07, compared to a current price of ₹4.01 — trading 43.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.37, which is 23% above median its 10-year median of 0.30 and 17.8% below the Steel industry median of 0.45. Prakash Steelage's overall GF Score™ is 73/100 with 1 warning sign 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 Prakash Steelage (NSE:PRAKASHSTL), the current Cyclically Adjusted PS Ratio is 0.37 as of Jul. 30, 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 Prakash Steelage (NSE:PRAKASHSTL) Overvalued in 2026?

Based on GuruFocus' analysis, Prakash Steelage stock appears to be undervalued. The current stock price of ₹4.01 is trading 43.3% below its estimated GF Value™ of ₹7.07. GuruFocus considers Prakash Steelage to be Significantly Undervalued.

Key valuation signals for NSE:PRAKASHSTL:

  • Cyclically Adjusted PS Ratio: 0.37 (23% above median its 10-year median of 0.30)
  • GF Value™: ₹7.07 vs. price of ₹4.01 (43.3% below fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 17.8% below the Steel median (#229 of 515)

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


Prakash Steelage Business Description

Other Exchanges 533239:India
Address 28, Sindhi Lane, Nanubhai Desai Road, 101, 1st Floor, Shatrunjay Apartment, Mumbai, MH, IND, 400 004
Prakash Steelage Ltd is a company, which is predominantly related to the manufacturing and trading of stainless steel tubes and pipes. The products of the company are available in various conditions, such as welded pipes, large-diameter pipes, welded tubes, welded instrumentation tubes, welded heat exchanger tubes, and welded EFW pipes. Geographically, all the group's business activity is operated through India's region.
73GF Score

Get the complete analysis for NSE:PRAKASHSTL

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

₹4.01
Price
₹7.07
GF Value