Steel Strips Wheels (NSE:SSWL) Cyclically Adjusted PS Ratio: 1.37 (As of Aug. 20, 2026) — 17% Above Median

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NSE:SSWL Steel Strips Wheels Ltd NSE:SSWL
85 GF Score
Price ₹315.85
GF Value ₹270.08
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Steel Strips Wheels Cyclically Adjusted PS Ratio?

Steel Strips Wheels NSE:SSWL +0.19% 85 Cyclically Adjusted PS Ratio is 1.37 as of Aug. 20, 2026, which is 17% above its 10-year median of 1.17. GuruFocus rates NSE:SSWL with a GF Score™ of 85/100 and a GF Value™ of ₹270.08 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,037 Vehicles & Parts companies, Steel Strips Wheels ranks worse than 67.02% on this metric.

As of today (2026-08-20), Steel Strips Wheels's current share price is ₹315.85. Steel Strips Wheels's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹231.14. Steel Strips Wheels's Cyclically Adjusted PS Ratio for today is 1.37.

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

NSE:SSWL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.44   Med: 1.17   Max: 1.8
Current: 1.35

During the past years, Steel Strips Wheels's highest Cyclically Adjusted PS Ratio was 1.80. The lowest was 0.44. And the median was 1.17.

NSE:SSWL's Cyclically Adjusted PS Ratio is ranked worse than
67.02% of 1037 companies
in the Vehicles & Parts industry
Industry Median: 0.75 vs NSE:SSWL: 1.35

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.

Steel Strips Wheels's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹95.870. 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 ₹231.14 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Steel Strips Wheels  (NSE:SSWL) 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.


Steel Strips Wheels Cyclically Adjusted PS Ratio Related Terms


Steel Strips Wheels Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Steel Strips Wheels'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.

Steel Strips Wheels Cyclically Adjusted PS Ratio Chart

Steel Strips Wheels 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 1.30 1.00 1.29 0.92 0.77

Steel Strips Wheels 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 1.37 1.08 0.90 0.77 1.00

NSE:SSWL vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, Steel Strips Wheels'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.


Steel Strips Wheels Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Steel Strips Wheels's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Steel Strips Wheels's Cyclically Adjusted PS Ratio falls into.


NSE:SSWL
85GF Score
Steel Strips Wheels Ltd NSE:SSWL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Steel Strips Wheels 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.

Steel Strips Wheels's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=315.85/231.14
=1.37

* 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.

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

For example, Steel Strips Wheels'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)
=95.87/167.3573*167.3573
=95.870

Current CPI (Jun. 2026) = 167.3573.

Steel Strips Wheels Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 18.978 105.961 29.974
201612 21.383 105.196 34.018
201703 24.389 105.196 38.801
201706 20.006 107.109 31.259
201709 24.249 109.021 37.224
201712 25.493 109.404 38.997
201803 27.661 109.786 42.166
201806 31.510 111.317 47.373
201809 32.505 115.142 47.246
201812 29.555 115.142 42.958
201903 32.890 118.202 46.568
201906 28.777 120.880 39.842
201909 22.132 123.175 30.071
201912 21.405 126.235 28.378
202003 24.429 124.705 32.784
202006 7.713 127.000 10.164
202009 25.945 130.118 33.370
202012 33.525 130.889 42.866
202103 44.025 131.771 55.915
202106 43.355 134.084 54.114
202109 61.233 135.847 75.436
202112 55.028 138.161 66.657
202203 67.866 138.822 81.816
202206 65.066 142.347 76.498
202209 69.094 144.661 79.934
202212 59.824 145.763 68.687
202303 63.150 146.865 71.962
202306 66.747 150.280 74.332
202309 72.185 151.492 79.745
202312 70.827 152.924 77.512
202403 66.741 153.035 72.987
202406 65.327 155.789 70.178
202409 69.591 157.882 73.767
202412 68.474 158.323 72.381
202503 78.317 157.552 83.191
202506 75.364 159.755 78.950
202509 76.060 162.289 78.435
202512 83.873 163.281 85.967
202603 93.547 164.272 95.304
202606 95.870 167.357 95.870

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 1.37 mean?
Steel Strips Wheels (NSE:SSWL) has a Cyclically Adjusted PS Ratio of 1.37 as of Aug. 20, 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 Steel Strips Wheels and its competitors. This is 17% above median its historical median of 1.17. Over the past decade, Steel Strips Wheels' Cyclically Adjusted PS Ratio has ranged from 0.44 to 1.80. According to the industry distribution chart, Steel Strips Wheels ranks #695 out of 1037 companies in the Vehicles & Parts industry, placing it in the top 67%.
Is Steel Strips Wheels' Cyclically Adjusted PS Ratio too high?
Steel Strips Wheels' current Cyclically Adjusted PS Ratio of 1.37 is 17% above median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 1.80. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.75. Steel Strips Wheels' value of 1.37 is 82.7% above this industry median. Based on the distribution chart, Steel Strips Wheels ranks #695 out of 1037 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Steel Strips Wheels has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Steel Strips Wheels' Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Steel Strips Wheels ranks #695 out of 1037 companies for Cyclically Adjusted PS Ratio. This places Steel Strips Wheels in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.75. Steel Strips Wheels' value of 1.37 is 82.7% above this benchmark. Historically, Steel Strips Wheels' own Cyclically Adjusted PS Ratio has ranged from 0.44 to 1.80 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 0.75, Steel Strips Wheels 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.75, based on 1,037 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. Steel Strips Wheels's current Cyclically Adjusted PS Ratio of 1.37 is 82.7% 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 Steel Strips Wheels and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Strips Wheels's current Cyclically Adjusted PS Ratio is 1.37, which is 17% above median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Strips Wheels stock overvalued right now?
Based on GuruFocus' analysis, Steel Strips Wheels (NSE:SSWL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹270.08, compared to a current price of ₹315.85 — trading 16.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.37, which is 17% above median its 10-year median of 1.17 and 82.7% above the Vehicles & Parts industry median of 0.75. Steel Strips Wheels' overall GF Score™ is 85/100 with 8 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 Steel Strips Wheels (NSE:SSWL), the current Cyclically Adjusted PS Ratio is 1.37 as of Aug. 20, 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 Steel Strips Wheels (NSE:SSWL) Overvalued in 2026?

Based on GuruFocus' analysis, Steel Strips Wheels stock appears to be overvalued. The current stock price of ₹315.85 is trading 16.9% above its estimated GF Value™ of ₹270.08. GuruFocus considers Steel Strips Wheels to be Modestly Overvalued.

Key valuation signals for NSE:SSWL:

  • Cyclically Adjusted PS Ratio: 1.37 (17% above median its 10-year median of 1.17)
  • GF Value™: ₹270.08 vs. price of ₹315.85 (16.9% above fair value)
  • GF Score™: 85/100 with 8 warning signs
  • Industry Position: 82.7% above the Vehicles & Parts median (#695 of 1037)

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


Steel Strips Wheels Business Description

Other Exchanges 513262:India
Address Madhya Marg, SCO 49-50, Sector 26, Chandigarh, IND, 160 019
Steel Strips Wheels Ltd is an India-based automotive steel wheel manufacturing company. It is engaged in the designing and manufacturing business of Steel wheel rims and Alloy wheel rims catering to different segments of the automobile industry. The company operates in India and has a presence in international markets as well. The group generates the majority of its revenue from India.
85GF Score

Get the complete analysis for NSE:SSWL

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

₹315.85
Price
₹270.08
GF Value