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Suraj (NSE:SURAJLTD) Cyclically Adjusted PS Ratio : 2.46 (As of Jun. 02, 2025)


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What is Suraj Cyclically Adjusted PS Ratio?

As of today (2025-06-02), Suraj's current share price is ₹374.85. Suraj's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ₹152.48. Suraj's Cyclically Adjusted PS Ratio for today is 2.46.

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

NSE:SURAJLTD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.47   Max: 3.33
Current: 2.45

During the past years, Suraj's highest Cyclically Adjusted PS Ratio was 3.33. The lowest was 0.12. And the median was 0.47.

NSE:SURAJLTD's Cyclically Adjusted PS Ratio is ranked worse than
90.64% of 481 companies
in the Steel industry
Industry Median: 0.42 vs NSE:SURAJLTD: 2.45

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.

Suraj's adjusted revenue per share data for the three months ended in Mar. 2025 was ₹31.891. 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 ₹152.48 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Suraj Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Suraj'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.

* Premium members only.

Suraj Cyclically Adjusted PS Ratio Chart

Suraj Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.42 0.51 1.39 2.49

Suraj Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.39 1.50 2.94 3.35 2.49

Competitive Comparison of Suraj's Cyclically Adjusted PS Ratio

For the Steel subindustry, Suraj'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.


Suraj's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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


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Suraj 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.

Suraj's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=374.85/152.48
=2.46

* 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.

Suraj's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Suraj's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=31.891/157.5517*157.5517
=31.891

Current CPI (Mar. 2025) = 157.5517.

Suraj Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 18.083 99.841 28.536
201509 20.476 101.753 31.704
201512 19.835 102.901 30.369
201603 20.047 102.518 30.809
201606 22.868 105.961 34.002
201609 29.074 105.961 43.230
201612 27.440 105.196 41.097
201703 31.030 105.196 46.474
201706 20.828 107.109 30.637
201709 28.977 109.021 41.876
201712 23.777 109.404 34.241
201803 30.558 109.786 43.853
201806 24.756 111.317 35.038
201809 25.420 115.142 34.783
201812 22.250 115.142 30.445
201903 22.061 118.202 29.405
201906 22.869 120.880 29.807
201909 21.045 123.175 26.918
201912 27.030 126.235 33.736
202003 24.008 124.705 30.332
202006 11.726 127.000 14.547
202009 26.992 130.118 32.683
202012 26.939 130.889 32.427
202103 31.934 131.771 38.182
202106 30.845 134.084 36.244
202109 38.579 135.847 44.743
202112 48.941 138.161 55.810
202203 58.294 138.822 66.159
202206 43.093 142.347 47.696
202209 55.897 144.661 60.878
202212 50.958 145.763 55.079
202303 39.671 146.865 42.558
202306 41.636 150.280 43.651
202309 46.224 151.492 48.073
202312 50.687 152.924 52.221
202403 41.496 153.035 42.721
202406 29.772 155.789 30.109
202409 30.823 157.882 30.758
202412 34.617 158.323 34.448
202503 31.891 157.552 31.891

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.


Suraj  (NSE:SURAJLTD) 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.


Suraj Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Suraj's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Suraj Business Description

Industry
Traded in Other Exchanges
Address
Ashram Road, Suraj House, Opposite Usmanpura Garden, Ahmedabad, GJ, IND, 380014
Suraj Ltd is engaged in manufacturing and exporting of stainless steel, pipes tubes, U tubes, flanges and fittings. The products of the company are Seamless pipes, Instrumentation tubes, Seamless buttweld fitting, Seamless heat exchanger tubes, Seamless heat exchanger U-tubes, and Stainless-steel flanges. The products have applications in the industry segments like pharmaceuticals, dyes and pigments, oil, gas, refinery, and other divisions.

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