RMC Switchgears (NSE:RMC) Cyclically Adjusted PS Ratio: (As of Aug. 15, 2026)

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NSE:RMC RMC Switchgears Ltd NSE:RMC
60 GF Score
Price ₹267.00
GF Value ₹1,382.30
Valuation Possible Value Trap
! 5 Warning Signs
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What is RMC Switchgears 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


RMC Switchgears  (NSE:RMC) 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.


RMC Switchgears Cyclically Adjusted PS Ratio Related Terms


RMC Switchgears Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for RMC Switchgears'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.

RMC Switchgears Cyclically Adjusted PS Ratio Chart

RMC Switchgears 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 0.28 1.80 3.53 5.23 2.10

RMC Switchgears Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 3.53 0.00 5.23 0.00 2.10

NSE:RMC vs VRT, BE: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, RMC Switchgears'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.


RMC Switchgears Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


NSE:RMC
60GF Score
RMC Switchgears Ltd NSE:RMC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RMC Switchgears 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.

RMC Switchgears's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, RMC Switchgears's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=379.469/164.2724*164.2724
=379.469

Current CPI (Mar26) = 164.2724.

RMC Switchgears Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 77.129 105.196 120.443
201803 105.214 109.786 157.431
201903 142.758 118.202 198.399
202003 64.396 124.705 84.828
202103 37.614 131.771 46.892
202203 42.891 138.822 50.754
202303 129.799 146.865 145.184
202403 166.260 153.035 178.469
202503 308.900 157.552 322.077
202603 379.469 164.272 379.469

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 RMC Switchgears (NSE:RMC) Overvalued in 2026?

Based on GuruFocus' analysis, RMC Switchgears stock appears to be undervalued. The current stock price of ₹267.00 is trading 80.7% below its estimated GF Value™ of ₹1,382.30. GuruFocus considers RMC Switchgears to be Possible Value Trap.

Key valuation signals for NSE:RMC:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹1,382.30 vs. price of ₹267.00 (80.7% below fair value)
  • GF Score™: 60/100 with 5 warning signs

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


RMC Switchgears Business Description

Other Exchanges 540358:India
Address B-11 (B&C), Malviya Industrial Area, Jaipur, RJ, IND, 302017
RMC Switchgears Ltd designs and manufactures electronic energy meters, enclosures for energy metering, distribution boxes, panels, sheet moulding compounds, bulk moulding compounds, and solar power equipment, and provides turnkey contracts. The company operates in two segments: primary and secondary. The primary segment is engaged in "Switch Gear Engineering" and "Construction contracts for the power distribution/transmission sector." The secondary segment operates mainly within the geographical limits of India.
60GF Score

Get the complete analysis for NSE:RMC

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

₹267.00
Price
₹1,382.30
GF Value