The United Basalt Products (XMAU:UBP) Cyclically Adjusted PS Ratio: 0.20 (As of Aug. 07, 2026) — 43% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

XMAU:UBP The United Basalt Products Ltd XMAU:UBP
90 GF Score
Price MUR39.50
GF Value MUR124.13
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is The United Basalt Products Cyclically Adjusted PS Ratio?

The United Basalt Products XMAU:UBP -0.75% 90 Cyclically Adjusted PS Ratio is 0.20 as of Aug. 07, 2026, which is 43% below its 10-year median of 0.35. GuruFocus rates XMAU:UBP with a GF Score™ of 90/100 and a GF Value™ of MUR124.13 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 324 Building Materials companies, The United Basalt Products ranks better than 88.27% on this metric.

As of today (2026-08-07), The United Basalt Products's current share price is MUR39.50. The United Basalt Products's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MUR197.52. The United Basalt Products's Cyclically Adjusted PS Ratio for today is 0.20.

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

XMAU:UBP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.35   Max: 0.5
Current: 0.2

During the past years, The United Basalt Products's highest Cyclically Adjusted PS Ratio was 0.50. The lowest was 0.20. And the median was 0.35.

XMAU:UBP's Cyclically Adjusted PS Ratio is ranked better than
88.27% of 324 companies
in the Building Materials industry
Industry Median: 1.01 vs XMAU:UBP: 0.20

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.

The United Basalt Products's adjusted revenue per share data for the three months ended in Mar. 2026 was MUR67.347. 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 MUR197.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


The United Basalt Products  (XMAU:UBP) 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.


The United Basalt Products Cyclically Adjusted PS Ratio Related Terms


The United Basalt Products Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for The United Basalt Products'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.

The United Basalt Products Cyclically Adjusted PS Ratio Chart

The United Basalt Products Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.43

The United Basalt Products 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 0.47 0.43 0.36 0.29 0.23

XMAU:UBP vs CRH, VMC, MLM: Cyclically Adjusted PS Ratio Comparison

For the Building Materials subindustry, The United Basalt Products'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.


The United Basalt Products Cyclically Adjusted PS Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, The United Basalt Products's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XMAU:UBP
90GF Score
The United Basalt Products Ltd XMAU:UBP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The United Basalt Products 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.

The United Basalt Products's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=39.50/197.52
=0.20

* 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.

The United Basalt Products's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, The United Basalt Products'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)
=67.347/330.2130*330.2130
=67.347

Current CPI (Mar. 2026) = 330.2130.

The United Basalt Products Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.000 238.638 0.000
201606 0.000 241.018 0.000
201609 26.420 241.428 36.136
201612 27.861 241.432 38.106
201703 21.671 243.801 29.352
201706 23.970 244.955 32.313
201709 27.900 246.819 37.327
201712 31.377 246.524 42.029
201803 23.289 249.554 30.816
201806 27.557 251.989 36.111
201809 30.552 252.439 39.965
201812 33.347 251.233 43.830
201903 27.880 254.202 36.217
201906 30.316 256.143 39.083
201909 32.471 256.759 41.760
201912 35.345 256.974 45.419
202006 0.000 257.797 0.000
202009 34.221 260.280 43.416
202012 36.107 260.474 45.774
202103 22.700 264.877 28.299
202106 29.962 271.696 36.415
202109 33.769 274.310 40.651
202112 42.009 278.802 49.755
202203 33.586 287.504 38.575
202206 44.053 296.311 49.093
202209 42.662 296.808 47.464
202212 51.894 296.797 57.737
202303 36.691 301.836 40.140
202306 44.286 305.109 47.930
202309 47.993 307.789 51.490
202312 52.220 306.746 56.215
202403 41.750 312.332 44.140
202406 50.641 314.175 53.226
202409 85.985 315.301 90.052
202412 84.141 315.605 88.036
202503 68.808 319.799 71.049
202506 79.927 322.561 81.823
202509 84.048 324.800 85.449
202512 82.983 324.054 84.560
202603 67.347 330.213 67.347

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 0.20 mean?
The United Basalt Products (XMAU:UBP) has a Cyclically Adjusted PS Ratio of 0.20 as of Aug. 07, 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 The United Basalt Products and its competitors. This is 43% below median its historical median of 0.35. Over the past decade, The United Basalt Products' Cyclically Adjusted PS Ratio has ranged from 0.20 to 0.50. According to the industry distribution chart, The United Basalt Products ranks #38 out of 324 companies in the Building Materials industry, placing it in the top 11.7%.
Is The United Basalt Products' Cyclically Adjusted PS Ratio too high?
The United Basalt Products' current Cyclically Adjusted PS Ratio of 0.20 is 43% below median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.50. The Building Materials industry median Cyclically Adjusted PS Ratio is 1.01. The United Basalt Products' value of 0.20 is 80.2% below this industry median. Based on the distribution chart, The United Basalt Products ranks #38 out of 324 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, The United Basalt Products has a GF Score™ of 90/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does The United Basalt Products' Cyclically Adjusted PS Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, The United Basalt Products ranks #38 out of 324 companies for Cyclically Adjusted PS Ratio. This places The United Basalt Products in the top 12% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.01. The United Basalt Products' value of 0.20 is 80.2% below this benchmark. Historically, The United Basalt Products' own Cyclically Adjusted PS Ratio has ranged from 0.20 to 0.50 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 1.01, The United Basalt Products 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 Building Materials company?
The median Cyclically Adjusted PS Ratio among Building Materials companies is 1.01, based on 324 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. The United Basalt Products's current Cyclically Adjusted PS Ratio of 0.20 is 80.2% 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 The United Basalt Products and its competitors. For the Building Materials industry, the median Cyclically Adjusted PS Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The United Basalt Products's current Cyclically Adjusted PS Ratio is 0.20, which is 43% below median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The United Basalt Products stock overvalued right now?
Based on GuruFocus' analysis, The United Basalt Products (XMAU:UBP) is currently considered Possible Value Trap. The stock's GF Value™ is MUR124.13, compared to a current price of MUR39.50 — trading 68.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.20, which is 43% below median its 10-year median of 0.35 and 80.2% below the Building Materials industry median of 1.01. The United Basalt Products' overall GF Score™ is 90/100 with 5 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 The United Basalt Products (XMAU:UBP), the current Cyclically Adjusted PS Ratio is 0.20 as of Aug. 07, 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 The United Basalt Products (XMAU:UBP) Overvalued in 2026?

Based on GuruFocus' analysis, The United Basalt Products stock appears to be undervalued. The current stock price of MUR39.50 is trading 68.2% below its estimated GF Value™ of MUR124.13. GuruFocus considers The United Basalt Products to be Possible Value Trap.

Key valuation signals for XMAU:UBP:

  • Cyclically Adjusted PS Ratio: 0.20 (43% below median its 10-year median of 0.35)
  • GF Value™: MUR124.13 vs. price of MUR39.50 (68.2% below fair value)
  • GF Score™: 90/100 with 5 warning signs
  • Industry Position: 80.2% below the Building Materials median (#38 of 324)

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


The United Basalt Products Business Description

Address Trianon, Quatre-Bornes, MUS
The United Basalt Products Ltd is engaged in the manufacturing and sale of building materials, which consist mainly of aggregates, rock sand, and concrete blocks. Other products include precast concrete slabs, ready-to-use dry mortar, various concrete building components, including paving blocks and roof tiles, imported floor and wall tiles, sanitary ware, and a complete range of home building and decorating products, fittings, tools, and garden accessories. Services rendered consist mainly of engineering works by the company's workshop and contracting services. The Groups business segments consist of core business activities, retail, and agriculture. The majority of its activity is performed in Mauritius.
90GF Score

Get the complete analysis for XMAU:UBP

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

MUR39.50
Price
MUR124.13
GF Value