Saurashtra Cement (NSE:SAURASHCEM) Cyclically Adjusted PS Ratio: 0.35 (As of Aug. 03, 2026) — 33% Below Median

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NSE:SAURASHCEM Saurashtra Cement Ltd NSE:SAURASHCEM
55 GF Score
Price ₹60.38
GF Value ₹89.73
Valuation Possible Value Trap
! 5 Warning Signs
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What is Saurashtra Cement Cyclically Adjusted PS Ratio?

Saurashtra Cement NSE:SAURASHCEM +6.36% 55 Cyclically Adjusted PS Ratio is 0.35 as of Aug. 03, 2026, which is 33% below its 10-year median of 0.52. GuruFocus rates NSE:SAURASHCEM with a GF Score™ of 55/100 and a GF Value™ of ₹89.73 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 323 Building Materials companies, Saurashtra Cement ranks better than 77.71% on this metric.

As of today (2026-08-03), Saurashtra Cement's current share price is ₹60.38. Saurashtra Cement's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹172.47. Saurashtra Cement's Cyclically Adjusted PS Ratio for today is 0.35.

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

NSE:SAURASHCEM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.52   Max: 0.71
Current: 0.33

During the past years, Saurashtra Cement's highest Cyclically Adjusted PS Ratio was 0.71. The lowest was 0.30. And the median was 0.52.

NSE:SAURASHCEM's Cyclically Adjusted PS Ratio is ranked better than
77.71% of 323 companies
in the Building Materials industry
Industry Median: 1 vs NSE:SAURASHCEM: 0.33

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.

Saurashtra Cement's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹40.088. 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 ₹172.47 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saurashtra Cement  (NSE:SAURASHCEM) 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.


Saurashtra Cement Cyclically Adjusted PS Ratio Related Terms


Saurashtra Cement Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Saurashtra Cement'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.

Saurashtra Cement Cyclically Adjusted PS Ratio Chart

Saurashtra Cement 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 0.00 0.00 0.44 0.28

Saurashtra Cement 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 0.44 0.54 0.60 0.47 0.28

NSE:SAURASHCEM vs CRH, VMC, MLM: Cyclically Adjusted PS Ratio Comparison

For the Building Materials subindustry, Saurashtra Cement'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.


Saurashtra Cement Cyclically Adjusted PS Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Saurashtra Cement's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:SAURASHCEM
55GF Score
Saurashtra Cement Ltd NSE:SAURASHCEM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saurashtra Cement 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.

Saurashtra Cement's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=60.38/172.47
=0.35

* 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.

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

For example, Saurashtra Cement'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)
=40.088/164.2724*164.2724
=40.088

Current CPI (Mar. 2026) = 164.2724.

Saurashtra Cement Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201209 24.469 82.244 48.874
201212 26.930 83.774 52.807
201303 26.845 85.687 51.465
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 24.124 111.317 35.600
201809 19.561 115.142 27.908
201812 23.996 115.142 34.235
201903 24.699 118.202 34.326
201906 21.637 120.880 29.404
201909 18.389 123.175 24.524
201912 21.705 126.235 28.245
202003 24.639 124.705 32.457
202006 13.824 127.000 17.881
202009 17.997 130.118 22.721
202012 29.291 130.889 36.762
202103 33.803 131.771 42.141
202106 23.303 134.084 28.550
202109 25.287 135.847 30.578
202112 27.039 138.161 32.149
202203 128.698 138.822 152.293
202206 57.289 142.347 66.113
202209 46.716 144.661 53.049
202212 62.869 145.763 70.852
202303 81.268 146.865 90.901
202306 40.169 150.280 43.909
202309 35.876 151.492 38.903
202312 40.163 152.924 43.143
202403 45.455 153.035 48.793
202406 34.817 155.789 36.713
202409 26.678 157.882 27.758
202412 33.768 158.323 35.037
202503 42.997 157.552 44.831
202506 37.947 159.755 39.020
202509 34.770 162.289 35.195
202512 36.690 163.281 36.913
202603 40.088 164.272 40.088

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 0.35 mean?
Saurashtra Cement (NSE:SAURASHCEM) has a Cyclically Adjusted PS Ratio of 0.35 as of Aug. 03, 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 Saurashtra Cement and its competitors. This is 33% below median its historical median of 0.52. Over the past decade, Saurashtra Cement's Cyclically Adjusted PS Ratio has ranged from 0.30 to 0.71. According to the industry distribution chart, Saurashtra Cement ranks #72 out of 323 companies in the Building Materials industry, placing it in the top 22.3%.
Is Saurashtra Cement's Cyclically Adjusted PS Ratio too high?
Saurashtra Cement's current Cyclically Adjusted PS Ratio of 0.35 is 33% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.71. The Building Materials industry median Cyclically Adjusted PS Ratio is 1.00. Saurashtra Cement's value of 0.35 is 65% below this industry median. Based on the distribution chart, Saurashtra Cement ranks #72 out of 323 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Saurashtra Cement has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Saurashtra Cement's Cyclically Adjusted PS Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Saurashtra Cement ranks #72 out of 323 companies for Cyclically Adjusted PS Ratio. This places Saurashtra Cement in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.00. Saurashtra Cement's value of 0.35 is 65% below this benchmark. Historically, Saurashtra Cement's own Cyclically Adjusted PS Ratio has ranged from 0.30 to 0.71 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 1.00, Saurashtra Cement 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 Building Materials company?
The median Cyclically Adjusted PS Ratio among Building Materials companies is 1.00, based on 323 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. Saurashtra Cement's current Cyclically Adjusted PS Ratio of 0.35 is 65% 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 Saurashtra Cement and its competitors. For the Building Materials industry, the median Cyclically Adjusted PS Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saurashtra Cement's current Cyclically Adjusted PS Ratio is 0.35, which is 33% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saurashtra Cement stock overvalued right now?
Based on GuruFocus' analysis, Saurashtra Cement (NSE:SAURASHCEM) is currently considered Possible Value Trap. The stock's GF Value™ is ₹89.73, compared to a current price of ₹60.38 — trading 32.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.35, which is 33% below median its 10-year median of 0.52 and 65% below the Building Materials industry median of 1.00. Saurashtra Cement's overall GF Score™ is 55/100 with 5 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 Saurashtra Cement (NSE:SAURASHCEM), the current Cyclically Adjusted PS Ratio is 0.35 as of Aug. 03, 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 Saurashtra Cement (NSE:SAURASHCEM) Overvalued in 2026?

Based on GuruFocus' analysis, Saurashtra Cement stock appears to be undervalued. The current stock price of ₹60.38 is trading 32.7% below its estimated GF Value™ of ₹89.73. GuruFocus considers Saurashtra Cement to be Possible Value Trap.

Key valuation signals for NSE:SAURASHCEM:

  • Cyclically Adjusted PS Ratio: 0.35 (33% below median its 10-year median of 0.52)
  • GF Value™: ₹89.73 vs. price of ₹60.38 (32.7% below fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 65% below the Building Materials median (#72 of 323)

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


Saurashtra Cement Business Description

Other Exchanges 502175:India
Address Babubhai Chinai Marg, N. K. Mehta International House, Agrima Business Centre, 2nd Floor, 178, Backbay Reclamation, Mumbai, MH, IND, 400 020
Saurashtra Cement Ltd is a cement and clinker manufacturing company based in India. The company manufactures cement under the brand name HATHI. The firm generates maximum revenue from India. Majority of its revenue comes from the sales of the cement product. The Company operates in two reportable segment i.e. manufacture of Cement and Clinker and Paints. The company makes majority of its revenue from Cement and Clinker segment.
55GF Score

Get the complete analysis for NSE:SAURASHCEM

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

₹60.38
Price
₹89.73
GF Value