RHI Magnesita India (NSE:RHIM) Cyclically Adjusted PS Ratio: 2.84 (As of Jul. 21, 2026) — 48% Below Median

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NSE:RHIM RHI Magnesita India Ltd NSE:RHIM
79 GF Score
Price ₹408.70
GF Value ₹621.86
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is RHI Magnesita India Cyclically Adjusted PS Ratio?

RHI Magnesita India NSE:RHIM -0.07% 79 Cyclically Adjusted PS Ratio is 2.84 as of Jul. 21, 2026, which is 48% below its 10-year median of 5.48. GuruFocus rates NSE:RHIM with a GF Score™ of 79/100 and a GF Value™ of ₹621.86 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,298 Industrial Products companies, RHI Magnesita India ranks worse than 66.45% on this metric.

As of today (2026-07-21), RHI Magnesita India's current share price is ₹408.70. RHI Magnesita India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹143.84. RHI Magnesita India's Cyclically Adjusted PS Ratio for today is 2.84.

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

NSE:RHIM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.39   Med: 5.48   Max: 9.78
Current: 2.85

During the past years, RHI Magnesita India's highest Cyclically Adjusted PS Ratio was 9.78. The lowest was 2.39. And the median was 5.48.

NSE:RHIM's Cyclically Adjusted PS Ratio is ranked worse than
66.45% of 2298 companies
in the Industrial Products industry
Industry Median: 1.74 vs NSE:RHIM: 2.85

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.

RHI Magnesita India's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹45.146. 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 ₹143.84 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


RHI Magnesita India  (NSE:RHIM) 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.


RHI Magnesita India Cyclically Adjusted PS Ratio Related Terms


RHI Magnesita India Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for RHI Magnesita India'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.

RHI Magnesita India Cyclically Adjusted PS Ratio Chart

RHI Magnesita India 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 7.87 6.76 5.02 4.05 2.35

RHI Magnesita India 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 4.05 3.68 3.26 3.28 2.35

NSE:RHIM vs CRS, ATI, MLI: Cyclically Adjusted PS Ratio Comparison

For the Metal Fabrication subindustry, RHI Magnesita India'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.


RHI Magnesita India Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

* The bar in red indicates where RHI Magnesita India's Cyclically Adjusted PS Ratio falls into.


NSE:RHIM
79GF Score
RHI Magnesita India Ltd NSE:RHIM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RHI Magnesita India 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.

RHI Magnesita India's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=408.70/143.84
=2.84

* 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.

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

For example, RHI Magnesita India'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)
=45.146/164.2724*164.2724
=45.146

Current CPI (Mar. 2026) = 164.2724.

RHI Magnesita India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 10.958 105.961 16.988
201609 10.954 105.961 16.982
201612 10.661 105.196 16.648
201703 10.618 105.196 16.581
201706 11.819 107.109 18.127
201709 12.413 109.021 18.704
201712 13.208 109.404 19.832
201803 14.680 109.786 21.966
201806 14.463 111.317 21.343
201809 15.532 115.142 22.159
201812 16.605 115.142 23.690
201903 15.081 118.202 20.959
201906 15.733 120.880 21.381
201909 14.976 123.175 19.973
201912 14.003 126.235 18.222
202003 69.834 124.705 91.991
202006 19.275 127.000 24.932
202009 28.932 130.118 36.526
202012 31.954 130.889 40.104
202103 33.158 131.771 41.337
202106 26.625 134.084 32.619
202109 26.897 135.847 32.525
202112 33.778 138.161 40.162
202203 34.986 138.822 41.400
202206 37.359 142.347 43.113
202209 37.320 144.661 42.379
202212 40.002 145.763 45.082
202303 45.154 146.865 50.506
202306 45.641 150.280 49.891
202309 47.888 151.492 51.928
202312 44.993 152.924 48.332
202403 43.361 153.035 46.545
202406 42.563 155.789 44.881
202409 41.926 157.882 43.623
202412 48.899 158.323 50.737
202503 44.399 157.552 46.293
202506 46.562 159.755 47.879
202509 49.951 162.289 50.561
202512 53.043 163.281 53.365
202603 45.146 164.272 45.146

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 2.84 mean?
RHI Magnesita India (NSE:RHIM) has a Cyclically Adjusted PS Ratio of 2.84 as of Jul. 21, 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 RHI Magnesita India and its competitors. This is 48% below median its historical median of 5.48. Over the past decade, RHI Magnesita India's Cyclically Adjusted PS Ratio has ranged from 2.39 to 9.78. According to the industry distribution chart, RHI Magnesita India ranks #1527 out of 2298 companies in the Industrial Products industry, placing it in the top 66.4%.
Is RHI Magnesita India's Cyclically Adjusted PS Ratio too high?
RHI Magnesita India's current Cyclically Adjusted PS Ratio of 2.84 is 48% below median its 10-year median of 5.48. Over the past 10 years, this metric has ranged from a low of 2.39 to a high of 9.78. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.74. RHI Magnesita India's value of 2.84 is 63.2% above this industry median. Based on the distribution chart, RHI Magnesita India ranks #1527 out of 2298 companies in the Industrial Products industry, which is below the industry midpoint. Overall, RHI Magnesita India has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RHI Magnesita India's Cyclically Adjusted PS Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, RHI Magnesita India ranks #1527 out of 2298 companies for Cyclically Adjusted PS Ratio. This places RHI Magnesita India in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.74. RHI Magnesita India's value of 2.84 is 63.2% above this benchmark. Historically, RHI Magnesita India's own Cyclically Adjusted PS Ratio has ranged from 2.39 to 9.78 over the past decade. While the company's 10-year median is 5.48 vs. the industry median of 1.74, RHI Magnesita India 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.74, based on 2,298 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. RHI Magnesita India's current Cyclically Adjusted PS Ratio of 2.84 is 63.2% 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 RHI Magnesita India and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RHI Magnesita India's current Cyclically Adjusted PS Ratio is 2.84, which is 48% below median its own 10-year median of 5.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RHI Magnesita India stock overvalued right now?
Based on GuruFocus' analysis, RHI Magnesita India (NSE:RHIM) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹621.86, compared to a current price of ₹408.70 — trading 34.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.84, which is 48% below median its 10-year median of 5.48 and 63.2% above the Industrial Products industry median of 1.74. RHI Magnesita India's overall GF Score™ is 79/100 with 3 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 RHI Magnesita India (NSE:RHIM), the current Cyclically Adjusted PS Ratio is 2.84 as of Jul. 21, 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 RHI Magnesita India (NSE:RHIM) Overvalued in 2026?

Based on GuruFocus' analysis, RHI Magnesita India stock appears to be undervalued. The current stock price of ₹408.70 is trading 34.3% below its estimated GF Value™ of ₹621.86. GuruFocus considers RHI Magnesita India to be Significantly Undervalued.

Key valuation signals for NSE:RHIM:

  • Cyclically Adjusted PS Ratio: 2.84 (48% below median its 10-year median of 5.48)
  • GF Value™: ₹621.86 vs. price of ₹408.70 (34.3% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 63.2% above the Industrial Products median (#1527 of 2298)

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


RHI Magnesita India Business Description

Other Exchanges 534076:India
Address Jacaranda Marg, 19th & 20th Floor, DLF Square, M-Block. Phase II, DLF City, Gurugram, HR, IND, 122002
RHI Magnesita India Ltd is engaged in the business of manufacturing and trading refractories, monolithics, bricks, and ceramic paper, and rendering management services. Its product offerings include isostatically pressed continuous casting refractories, slide gate plates, nozzles and well blocks, tundish nozzles, bottom purging refractories and top purging lances, slag arresting darts, basic spray mass for tundish working lining, and castables. The company's products are used in steel, cement and lime, non-ferrous metals, glass, and other industries. It operates in the Indian and international markets, of which a majority of its revenue is generated within India.
79GF Score

Get the complete analysis for NSE:RHIM

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

₹408.70
Price
₹621.86
GF Value