Sterlite Technologies (NSE:STLTECH) Cyclically Adjusted PS Ratio: (As of Jul. 28, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:STLTECH Sterlite Technologies Ltd NSE:STLTECH
59 GF Score
Price ₹555.40
GF Value ₹127.63
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Sterlite Technologies Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sterlite Technologies  (NSE:STLTECH) 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.


Sterlite Technologies Cyclically Adjusted PS Ratio Related Terms


Sterlite Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sterlite Technologies'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.

Sterlite Technologies Cyclically Adjusted PS Ratio Chart

Sterlite Technologies 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 1.46 0.87 0.64 0.47 1.30

Sterlite Technologies 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 0.80 0.85 0.77 1.30 0.00

NSE:STLTECH vs CSCO, MSI, HPE: Cyclically Adjusted PS Ratio Comparison

For the Communication Equipment subindustry, Sterlite Technologies'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.


Sterlite Technologies Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Sterlite Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:STLTECH
59GF Score
Sterlite Technologies Ltd NSE:STLTECH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sterlite Technologies 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.

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

For example, Sterlite Technologies'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)
=35.97/166.1454*166.1454
=35.970

Current CPI (Jun. 2026) = 166.1454.

Sterlite Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 12.753 105.961 19.997
201612 16.605 105.196 26.226
201703 17.277 105.196 27.287
201706 15.729 107.109 24.399
201709 19.145 109.021 29.176
201712 20.581 109.404 31.255
201803 20.861 109.786 31.570
201806 21.575 111.317 32.202
201809 26.681 115.142 38.500
201812 32.913 115.142 47.492
201903 41.581 118.202 58.446
201906 35.146 120.880 48.307
201909 33.404 123.175 45.057
201912 29.478 126.235 38.798
202003 26.458 124.705 35.250
202006 22.052 127.000 28.849
202009 28.755 130.118 36.717
202012 32.618 130.889 41.404
202103 35.673 131.771 44.979
202106 32.612 134.084 40.410
202109 37.915 135.847 46.371
202112 32.455 138.161 39.029
202203 34.654 138.822 41.475
202206 35.147 142.347 41.023
202209 42.075 144.661 48.324
202212 46.890 145.763 53.447
202303 46.533 146.865 52.642
202306 37.768 150.280 41.755
202309 37.789 151.492 41.444
202312 33.166 152.924 36.033
202403 -7.599 153.035 -8.250
202406 18.167 155.789 19.375
202409 22.247 157.882 23.411
202412 19.960 158.323 20.946
202503 22.092 157.552 23.297
202506 20.380 159.755 21.195
202509 20.680 162.289 21.171
202512 25.879 163.281 26.333
202603 29.553 164.272 29.890
202606 35.970 166.145 35.970

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 Sterlite Technologies (NSE:STLTECH) Overvalued in 2026?

Based on GuruFocus' analysis, Sterlite Technologies stock appears to be overvalued. The current stock price of ₹555.40 is trading 335.2% above its estimated GF Value™ of ₹127.63. GuruFocus considers Sterlite Technologies to be Significantly Overvalued.

Key valuation signals for NSE:STLTECH:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹127.63 vs. price of ₹555.40 (335.2% above fair value)
  • GF Score™: 59/100 with 3 warning signs

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


Sterlite Technologies Business Description

Other Exchanges 532374:India
Address Koregaon Road 9, STS 12/1, 4th Floor, Godrej Millennium, Pune, MH, IND, 411 001
Sterlite Technologies Ltd is an Indian-based company engaged in the business of Connectivity and Network Solutions. Its products and solutions mainly include integrated optical fiber, copper telecom cables, structured data cables, access equipment, fiber connectivity and system integration solution offerings for telecom networks, OSS/ BSS solutions, billing and bandwidth management solutions for organizations, and others. Its segments include Optical networking business (ONB), Global service business (GSB) and Digital and technology solutions (Digital). The company offers its services within India and in the International market. It earns majority of the revenue from Optical networking business segment.
59GF Score

Get the complete analysis for NSE:STLTECH

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

₹555.40
Price
₹127.63
GF Value