Shah Metacorp (NSE:SHAH) Cyclically Adjusted PS Ratio: 0.65 (As of Aug. 23, 2026) — 44% Above Median

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NSE:SHAH Shah Metacorp Ltd NSE:SHAH
66 GF Score
Price ₹3.33
GF Value ₹3.43
Valuation Fairly Valued
! 4 Warning Signs
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What is Shah Metacorp Cyclically Adjusted PS Ratio?

Shah Metacorp NSE:SHAH -15.70% 66 Cyclically Adjusted PS Ratio is 0.65 as of Aug. 23, 2026, which is 44% above its 10-year median of 0.45. GuruFocus rates NSE:SHAH with a GF Score™ of 66/100 and a GF Value™ of ₹3.43 (Fairly Valued). The stock has 4 warning signs investors should review. Among 513 Steel companies, Shah Metacorp ranks worse than 65.89% on this metric.

As of today (2026-08-23), Shah Metacorp's current share price is ₹3.33. Shah Metacorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹5.11. Shah Metacorp's Cyclically Adjusted PS Ratio for today is 0.65.

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

NSE:SHAH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.45   Max: 1.08
Current: 0.79

During the past years, Shah Metacorp's highest Cyclically Adjusted PS Ratio was 1.08. The lowest was 0.18. And the median was 0.45.

NSE:SHAH's Cyclically Adjusted PS Ratio is ranked worse than
65.89% of 513 companies
in the Steel industry
Industry Median: 0.44 vs NSE:SHAH: 0.79

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.

Shah Metacorp's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹0.650. 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 ₹5.11 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shah Metacorp  (NSE:SHAH) 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.


Shah Metacorp Cyclically Adjusted PS Ratio Related Terms


Shah Metacorp Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shah Metacorp'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.

Shah Metacorp Cyclically Adjusted PS Ratio Chart

Shah Metacorp 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 0.21 0.32 0.41 0.87

Shah Metacorp 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 0.63 0.60 0.88 0.87 0.81

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

For the Steel subindustry, Shah Metacorp'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.


Shah Metacorp Cyclically Adjusted PS Ratio vs Steel Industry

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

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


NSE:SHAH
66GF Score
Shah Metacorp Ltd NSE:SHAH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shah Metacorp 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.

Shah Metacorp's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.33/5.11
=0.65

* 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.

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

For example, Shah Metacorp'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)
=0.65/167.3573*167.3573
=0.650

Current CPI (Jun. 2026) = 167.3573.

Shah Metacorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 1.486 96.780 2.570
201503 3.113 97.163 5.362
201506 2.412 99.841 4.043
201509 2.272 101.753 3.737
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 1.497 111.317 2.251
201809 2.070 115.142 3.009
201812 2.453 115.142 3.565
201903 1.564 118.202 2.214
201906 1.017 120.880 1.408
201909 0.949 123.175 1.289
201912 0.765 126.235 1.014
202003 0.615 124.705 0.825
202006 0.040 127.000 0.053
202009 0.061 130.118 0.078
202012 0.188 130.889 0.240
202103 0.356 131.771 0.452
202106 0.265 134.084 0.331
202109 0.252 135.847 0.310
202112 0.347 138.161 0.420
202203 0.175 138.822 0.211
202206 0.039 142.347 0.046
202209 0.197 144.661 0.228
202212 0.969 145.763 1.113
202303 2.117 146.865 2.412
202306 0.485 150.280 0.540
202309 0.506 151.492 0.559
202312 0.333 152.924 0.364
202403 1.227 153.035 1.342
202406 1.103 155.789 1.185
202409 0.978 157.882 1.037
202412 0.793 158.323 0.838
202503 0.760 157.552 0.807
202506 0.463 159.755 0.485
202509 0.749 162.289 0.772
202512 0.723 163.281 0.741
202603 0.672 164.272 0.685
202606 0.650 167.357 0.650

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 0.65 mean?
Shah Metacorp (NSE:SHAH) has a Cyclically Adjusted PS Ratio of 0.65 as of Aug. 23, 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 Shah Metacorp and its competitors. This is 44% above median its historical median of 0.45. Over the past decade, Shah Metacorp's Cyclically Adjusted PS Ratio has ranged from 0.18 to 1.08. According to the industry distribution chart, Shah Metacorp ranks #338 out of 513 companies in the Steel industry, placing it in the top 65.9%.
Is Shah Metacorp's Cyclically Adjusted PS Ratio too high?
Shah Metacorp's current Cyclically Adjusted PS Ratio of 0.65 is 44% above median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 1.08. The Steel industry median Cyclically Adjusted PS Ratio is 0.44. Shah Metacorp's value of 0.65 is 47.7% above this industry median. Based on the distribution chart, Shah Metacorp ranks #338 out of 513 companies in the Steel industry, which is below the industry midpoint. Overall, Shah Metacorp has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shah Metacorp's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Shah Metacorp ranks #338 out of 513 companies for Cyclically Adjusted PS Ratio. This places Shah Metacorp in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.44. Shah Metacorp's value of 0.65 is 47.7% above this benchmark. Historically, Shah Metacorp's own Cyclically Adjusted PS Ratio has ranged from 0.18 to 1.08 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 0.44, Shah Metacorp 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 a Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.44, based on 513 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. Shah Metacorp's current Cyclically Adjusted PS Ratio of 0.65 is 47.7% 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 Shah Metacorp and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shah Metacorp's current Cyclically Adjusted PS Ratio is 0.65, which is 44% above median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shah Metacorp stock overvalued right now?
Based on GuruFocus' analysis, Shah Metacorp (NSE:SHAH) is currently considered Fairly Valued. The stock's GF Value™ is ₹3.43, compared to a current price of ₹3.33 — trading 2.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.65, which is 44% above median its 10-year median of 0.45 and 47.7% above the Steel industry median of 0.44. Shah Metacorp's overall GF Score™ is 66/100 with 4 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 Shah Metacorp (NSE:SHAH), the current Cyclically Adjusted PS Ratio is 0.65 as of Aug. 23, 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 Shah Metacorp (NSE:SHAH) Overvalued in 2026?

Based on GuruFocus' analysis, Shah Metacorp stock appears to be undervalued. The current stock price of ₹3.33 is trading 2.9% below its estimated GF Value™ of ₹3.43. GuruFocus considers Shah Metacorp to be Fairly Valued.

Key valuation signals for NSE:SHAH:

  • Cyclically Adjusted PS Ratio: 0.65 (44% above median its 10-year median of 0.45)
  • GF Value™: ₹3.43 vs. price of ₹3.33 (2.9% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 47.7% above the Steel median (#338 of 513)

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


Shah Metacorp Business Description

Other Exchanges 533275:India
Address Ashram Road, Mrudul Tower, 2nd Floor, Behind Times of India, Ahmedabad, GJ, IND, 380009
Shah Metacorp Ltd manufactures, exports, and supplies Stainless Steel Long Products. The company's product portfolio includes Equal Angle bars, Bright bars, Flat bars, Flats (pata), and Ingots. The company operates in only one segment, being SS Products.
66GF Score

Get the complete analysis for NSE:SHAH

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

₹3.33
Price
₹3.43
GF Value