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Wheels India (NSE:WHEELS) Cyclically Adjusted PS Ratio : 0.47 (As of Jun. 03, 2025)


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What is Wheels India Cyclically Adjusted PS Ratio?

As of today (2025-06-03), Wheels India's current share price is ₹747.95. Wheels India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ₹1,597.35. Wheels India's Cyclically Adjusted PS Ratio for today is 0.47.

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

NSE:WHEELS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.5   Max: 0.72
Current: 0.47

During the past years, Wheels India's highest Cyclically Adjusted PS Ratio was 0.72. The lowest was 0.36. And the median was 0.50.

NSE:WHEELS's Cyclically Adjusted PS Ratio is ranked better than
62.47% of 954 companies
in the Vehicles & Parts industry
Industry Median: 0.73 vs NSE:WHEELS: 0.47

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.

Wheels India's adjusted revenue per share data for the three months ended in Mar. 2025 was ₹522.667. 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 ₹1,597.35 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wheels India Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Wheels India'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.

Wheels India Cyclically Adjusted PS Ratio Chart

Wheels India 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 - 0.45 0.36 0.41 0.36

Wheels India 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 0.41 0.53 0.49 0.43 0.36

Competitive Comparison of Wheels India's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Wheels India'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.


Wheels India's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

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


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Wheels India 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=747.95/1597.35
=0.47

* 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.

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

For example, Wheels India'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)
=522.667/157.5517*157.5517
=522.667

Current CPI (Mar. 2025) = 157.5517.

Wheels India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 185.042 94.103 309.807
201409 213.956 96.780 348.305
201412 197.895 96.780 322.159
201503 207.437 97.163 336.363
201506 204.348 99.841 322.468
201509 215.250 101.753 333.287
201512 195.246 102.901 298.941
201603 210.965 102.518 324.214
201606 221.892 105.961 329.927
201703 0.000 105.196 0.000
201706 234.370 107.109 344.747
201803 0.000 109.786 0.000
201806 340.186 111.317 481.482
201809 362.273 115.142 495.708
201812 355.649 115.142 486.644
201903 252.217 118.202 336.180
201906 325.163 120.880 423.809
201909 274.050 123.175 350.534
201912 266.704 126.235 332.868
202003 168.735 124.705 213.179
202006 89.929 127.000 111.562
202009 233.373 130.118 282.577
202012 294.102 130.889 354.012
202103 304.462 131.771 364.031
202106 302.984 134.084 356.012
202109 404.271 135.847 468.863
202112 447.419 138.161 510.215
202203 347.542 138.822 394.433
202206 470.876 142.347 521.171
202209 484.855 144.661 528.060
202212 440.861 145.763 476.517
202303 351.210 146.865 376.767
202306 496.285 150.280 520.299
202309 525.321 151.492 546.334
202312 495.177 152.924 510.161
202403 520.224 153.035 535.580
202406 477.018 155.789 482.416
202409 490.196 157.882 489.170
202412 460.461 158.323 458.218
202503 522.667 157.552 522.667

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.


Wheels India  (NSE:WHEELS) 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.


Wheels India Cyclically Adjusted PS Ratio Related Terms

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


Wheels India Business Description

Traded in Other Exchanges
Address
M.T.H. Road, Padi, Chennai, TN, IND, 600 050
Wheels India Ltd is a manufacturer of automobile wheels. The firm is organized into Automotive Components and Industrial Components segment. The automotive company segment is engaged in the manufacture of road wheels for passenger cars, utility vehicles, trucks, buses, agricultural tractors and construction equipment; however, the group is also engaged in the manufacturing suspension products for the vehicles. The industrial segment includes components and structures for windmills, railways and thermal power plants. It operates in the Indian and international markets, of which key revenue is derived from India. The majority of the company's revenue is generated from Automotive components.

Wheels India Headlines

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