BEML (UKEX:BEML) Cyclically Adjusted PS Ratio: (As of Aug. 26, 2026)

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What is BEML Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


BEML  (UKEX:BEML) 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.


BEML Cyclically Adjusted PS Ratio Related Terms


BEML Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for BEML'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.

BEML Cyclically Adjusted PS Ratio Chart

BEML 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 0.00 0.00 0.00 3.14 2.56

BEML 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 4.35 4.04 3.58 2.56 3.27

UKEX:BEML vs MMM, HON: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, BEML'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.


BEML Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, BEML's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



BEML 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.

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

For example, BEML'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)
=92.339/167.3573*167.3573
=92.339

Current CPI (Jun. 2026) = 167.3573.

BEML Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 71.531 111.317 107.542
201809 108.651 115.142 157.923
201812 139.079 115.142 202.150
201903 207.824 118.202 294.249
201906 89.428 120.880 123.812
201909 103.082 123.175 140.057
201912 104.169 126.235 138.103
202003 151.274 124.705 203.013
202006 55.175 127.000 72.708
202009 96.577 130.118 124.217
202012 105.822 130.889 135.306
202103 258.624 131.771 328.470
202106 65.575 134.084 81.847
202109 147.059 135.847 181.170
202112 166.658 138.161 201.877
202203 236.405 138.822 284.999
202206 91.677 142.347 107.784
202209 107.292 144.661 124.125
202212 134.513 145.763 154.441
202303 169.833 146.865 193.531
202306 75.061 150.280 83.591
202309 118.070 151.492 130.435
202312 134.537 152.924 147.235
202403 183.589 153.035 200.771
202406 81.279 155.789 87.315
202409 109.783 157.882 116.371
202412 110.267 158.323 116.559
202503 204.334 157.552 217.051
202506 78.981 159.755 82.739
202509 101.638 162.289 104.812
202512 128.718 163.281 131.932
202603 206.797 164.272 210.680
202606 92.339 167.357 92.339

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.


BEML Business Description

Other Exchanges BEML:India500048:India
Address Number 23/1, 4th Main Road, BEML Soudha, S.R. Nagar, Bengaluru, KA, IND, 560027
BEML Ltd manufactures a wide range of heavy equipment serving core sectors such as Defence & Aerospace, Mining & Construction, and Rail & Metro. Its product offerings include earthmoving machinery like excavators and bulldozers, defence vehicles and equipment including recovery vehicles and bridge systems, and rail coaches, metro cars, and track-laying equipment. The company operates multiple manufacturing units across India, including Bangalore, Mysore, Kolar Gold Fields, and Palakkad, supported by a dominant sales and after-sales network. Revenue is generated through sales of machinery, rail and metro rolling stock, and defence products, with a focus on indigenous manufacturing and technology integration to meet diverse sectoral needs.