Vaswani Industries (NSE:VASWANI) Cyclically Adjusted PS Ratio: 0.37 (As of Jul. 27, 2026) — 68% Above Median

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NSE:VASWANI Vaswani Industries Ltd NSE:VASWANI
72 GF Score
Price ₹52.52
GF Value ₹49.11
Valuation Fairly Valued
! 7 Warning Signs
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What is Vaswani Industries Cyclically Adjusted PS Ratio?

Vaswani Industries NSE:VASWANI +0.29% 72 Cyclically Adjusted PS Ratio is 0.37 as of Jul. 27, 2026, which is 68% above its 10-year median of 0.22. GuruFocus rates NSE:VASWANI with a GF Score™ of 72/100 and a GF Value™ of ₹49.11 (Fairly Valued). The stock has 7 warning signs investors should review. Among 514 Steel companies, Vaswani Industries ranks better than 55.64% on this metric.

As of today (2026-07-27), Vaswani Industries's current share price is ₹52.52. Vaswani Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹143.41. Vaswani Industries's Cyclically Adjusted PS Ratio for today is 0.37.

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

NSE:VASWANI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.22   Max: 0.49
Current: 0.37

During the past years, Vaswani Industries's highest Cyclically Adjusted PS Ratio was 0.49. The lowest was 0.08. And the median was 0.22.

NSE:VASWANI's Cyclically Adjusted PS Ratio is ranked better than
55.64% of 514 companies
in the Steel industry
Industry Median: 0.45 vs NSE:VASWANI: 0.37

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.

Vaswani Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹44.552. 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 ₹143.41 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vaswani Industries  (NSE:VASWANI) 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.


Vaswani Industries Cyclically Adjusted PS Ratio Related Terms


Vaswani Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Vaswani Industries'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.

Vaswani Industries Cyclically Adjusted PS Ratio Chart

Vaswani Industries 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 0.16 0.15 0.23 0.26 0.35

Vaswani Industries 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 0.26 0.32 0.38 0.44 0.35

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

For the Steel subindustry, Vaswani Industries'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.


Vaswani Industries Cyclically Adjusted PS Ratio vs Steel Industry

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

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


NSE:VASWANI
72GF Score
Vaswani Industries Ltd NSE:VASWANI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Vaswani Industries 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.

Vaswani Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=52.52/143.41
=0.37

* 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.

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

For example, Vaswani Industries'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)
=44.552/164.2724*164.2724
=44.552

Current CPI (Mar. 2026) = 164.2724.

Vaswani Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 25.409 105.961 39.392
201609 19.977 105.961 30.971
201612 21.480 105.196 33.543
201703 20.339 105.196 31.761
201706 21.021 107.109 32.240
201709 15.523 109.021 23.390
201712 16.751 109.404 25.152
201803 28.008 109.786 41.908
201806 24.392 111.317 35.996
201809 24.597 115.142 35.092
201812 25.545 115.142 36.445
201903 32.553 118.202 45.241
201906 24.812 120.880 33.719
201909 29.498 123.175 39.340
201912 32.655 126.235 42.495
202003 30.412 124.705 40.061
202006 15.486 127.000 20.031
202009 22.777 130.118 28.756
202012 32.324 130.889 40.568
202103 35.050 131.771 43.695
202106 29.223 134.084 35.802
202109 27.073 135.847 32.738
202112 29.196 138.161 34.714
202203 41.382 138.822 48.969
202206 34.606 142.347 39.936
202209 29.074 144.661 33.015
202212 29.758 145.763 33.537
202303 37.073 146.865 41.467
202306 31.189 150.280 34.093
202309 28.690 151.492 31.110
202312 39.298 152.924 42.214
202403 29.944 153.035 32.143
202406 30.626 155.789 32.294
202409 34.179 157.882 35.562
202412 33.537 158.323 34.797
202503 37.751 157.552 39.361
202506 36.557 159.755 37.591
202509 26.582 162.289 26.907
202512 38.673 163.281 38.908
202603 44.552 164.272 44.552

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 0.37 mean?
Vaswani Industries (NSE:VASWANI) has a Cyclically Adjusted PS Ratio of 0.37 as of Jul. 27, 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 Vaswani Industries and its competitors. This is 68% above median its historical median of 0.22. Over the past decade, Vaswani Industries' Cyclically Adjusted PS Ratio has ranged from 0.08 to 0.49. According to the industry distribution chart, Vaswani Industries ranks #228 out of 514 companies in the Steel industry, placing it in the top 44.4%.
Is Vaswani Industries' Cyclically Adjusted PS Ratio too high?
Vaswani Industries' current Cyclically Adjusted PS Ratio of 0.37 is 68% above median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.49. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Vaswani Industries' value of 0.37 is 17.8% below this industry median. Based on the distribution chart, Vaswani Industries ranks #228 out of 514 companies in the Steel industry, which is above the industry midpoint. Overall, Vaswani Industries has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vaswani Industries' Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Vaswani Industries ranks #228 out of 514 companies for Cyclically Adjusted PS Ratio. This puts Vaswani Industries in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Vaswani Industries' value of 0.37 is 17.8% below this benchmark. Historically, Vaswani Industries' own Cyclically Adjusted PS Ratio has ranged from 0.08 to 0.49 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 0.45, Vaswani Industries 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 514 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. Vaswani Industries's current Cyclically Adjusted PS Ratio of 0.37 is 17.8% 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 Vaswani Industries and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vaswani Industries's current Cyclically Adjusted PS Ratio is 0.37, which is 68% above median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vaswani Industries stock overvalued right now?
Based on GuruFocus' analysis, Vaswani Industries (NSE:VASWANI) is currently considered Fairly Valued. The stock's GF Value™ is ₹49.11, compared to a current price of ₹52.52 — trading 6.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.37, which is 68% above median its 10-year median of 0.22 and 17.8% below the Steel industry median of 0.45. Vaswani Industries' overall GF Score™ is 72/100 with 7 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 Vaswani Industries (NSE:VASWANI), the current Cyclically Adjusted PS Ratio is 0.37 as of Jul. 27, 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 Vaswani Industries (NSE:VASWANI) Overvalued in 2026?

Based on GuruFocus' analysis, Vaswani Industries stock appears to be overvalued. The current stock price of ₹52.52 is trading 6.9% above its estimated GF Value™ of ₹49.11. GuruFocus considers Vaswani Industries to be Fairly Valued.

Key valuation signals for NSE:VASWANI:

  • Cyclically Adjusted PS Ratio: 0.37 (68% above median its 10-year median of 0.22)
  • GF Value™: ₹49.11 vs. price of ₹52.52 (6.9% above fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 17.8% below the Steel median (#228 of 514)

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


Vaswani Industries Business Description

Other Exchanges 533576:India
Address Bahesar Road, Near cycle Park, Village Sondra, Phase II, Industrial Area, Siltara, Raipur, CT, IND, 493 221
Vaswani Industries Ltd is engaged in the business of manufacturing and trading of Sponge Iron, Steel Billets, HB Wires, Iron Ore Pellets and generation of Power. Its business segments are Iron and steel; Power; Real estate and Agri division, of which key revenue is derived from the Iron and Steel segment. The company sells its products within India.
72GF Score

Get the complete analysis for NSE:VASWANI

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

₹52.52
Price
₹49.11
GF Value