Asian Hotels (North) (BOM:500023) Cyclically Adjusted PS Ratio: 2.21 (As of Aug. 08, 2026) — Near Median

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BOM:500023 Asian Hotels (North) Ltd BOM:500023
48 GF Score
Price ₹312.30
GF Value ₹114.00
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Asian Hotels (North) Cyclically Adjusted PS Ratio?

Asian Hotels (North) BOM:500023 -1.33% 48 Cyclically Adjusted PS Ratio is 2.21 as of Aug. 08, 2026, which is 6% below its 10-year median of 2.35. GuruFocus rates BOM:500023 with a GF Score™ of 48/100 and a GF Value™ of ₹114.00 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 671 Travel & Leisure companies, Asian Hotels (North) ranks worse than 66.92% on this metric.

As of today (2026-08-08), Asian Hotels (North)'s current share price is ₹312.30. Asian Hotels (North)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹141.42. Asian Hotels (North)'s Cyclically Adjusted PS Ratio for today is 2.21.

The historical rank and industry rank for Asian Hotels (North)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:500023' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.82   Med: 2.35   Max: 3.01
Current: 2.21

During the past years, Asian Hotels (North)'s highest Cyclically Adjusted PS Ratio was 3.01. The lowest was 1.82. And the median was 2.35.

BOM:500023's Cyclically Adjusted PS Ratio is ranked worse than
66.92% of 671 companies
in the Travel & Leisure industry
Industry Median: 1.29 vs BOM:500023: 2.21

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.

Asian Hotels (North)'s adjusted revenue per share data for the three months ended in Mar. 2026 was ₹28.606. 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 ₹141.42 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asian Hotels (North)  (BOM:500023) 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.


Asian Hotels (North) Cyclically Adjusted PS Ratio Related Terms


Asian Hotels (North) Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Asian Hotels (North)'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.

Asian Hotels (North) Cyclically Adjusted PS Ratio Chart

Asian Hotels (North) 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 2.78 2.14

Asian Hotels (North) 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 2.78 2.63 2.37 2.30 2.14

BOM:500023 vs MAR, HLT, H: Cyclically Adjusted PS Ratio Comparison

For the Lodging subindustry, Asian Hotels (North)'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.


Asian Hotels (North) Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Asian Hotels (North)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Asian Hotels (North)'s Cyclically Adjusted PS Ratio falls into.


BOM:500023
48GF Score
Asian Hotels (North) Ltd BOM:500023
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asian Hotels (North) 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.

Asian Hotels (North)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=312.30/141.42
=2.21

* 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.

Asian Hotels (North)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Asian Hotels (North)'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)
=28.606/164.2724*164.2724
=28.606

Current CPI (Mar. 2026) = 164.2724.

Asian Hotels (North) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201103 0.000 70.768 0.000
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 29.508 111.317 43.546
201809 33.380 115.142 47.623
201812 36.494 115.142 52.066
201903 38.788 118.202 53.906
201906 28.851 120.880 39.208
201909 33.856 123.175 45.152
201912 38.644 126.235 50.288
202003 28.395 124.705 37.404
202006 4.147 127.000 5.364
202009 5.662 130.118 7.148
202012 11.108 130.889 13.941
202103 16.396 131.771 20.440
202106 6.754 134.084 8.275
202109 17.787 135.847 21.509
202112 24.967 138.161 29.686
202203 15.123 138.822 17.896
202206 27.483 142.347 31.716
202209 30.762 144.661 34.932
202212 35.639 145.763 40.165
202303 37.608 146.865 42.066
202306 32.549 150.280 35.580
202309 38.263 151.492 41.491
202312 39.450 152.924 42.377
202403 42.963 153.035 46.118
202406 31.949 155.789 33.689
202409 40.137 157.882 41.762
202412 44.447 158.323 46.117
202503 47.041 157.552 49.048
202506 36.144 159.755 37.166
202509 39.534 162.289 40.017
202512 46.769 163.281 47.053
202603 28.606 164.272 28.606

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 2.21 mean?
Asian Hotels (North) (BOM:500023) has a Cyclically Adjusted PS Ratio of 2.21 as of Aug. 08, 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 Asian Hotels (North) and its competitors. This is near median its historical median of 2.35. Over the past decade, Asian Hotels (North)'s Cyclically Adjusted PS Ratio has ranged from 1.82 to 3.01. According to the industry distribution chart, Asian Hotels (North) ranks #449 out of 671 companies in the Travel & Leisure industry, placing it in the top 66.9%.
Is Asian Hotels (North)'s Cyclically Adjusted PS Ratio too high?
Asian Hotels (North)'s current Cyclically Adjusted PS Ratio of 2.21 is near median its 10-year median of 2.35. Over the past 10 years, this metric has ranged from a low of 1.82 to a high of 3.01. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.29. Asian Hotels (North)'s value of 2.21 is 71.3% above this industry median. Based on the distribution chart, Asian Hotels (North) ranks #449 out of 671 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Asian Hotels (North) has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asian Hotels (North)'s Cyclically Adjusted PS Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Asian Hotels (North) ranks #449 out of 671 companies for Cyclically Adjusted PS Ratio. This places Asian Hotels (North) in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.29. Asian Hotels (North)'s value of 2.21 is 71.3% above this benchmark. Historically, Asian Hotels (North)'s own Cyclically Adjusted PS Ratio has ranged from 1.82 to 3.01 over the past decade. While the company's 10-year median is 2.35 vs. the industry median of 1.29, Asian Hotels (North) has consistently been above 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 Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.29, based on 671 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. Asian Hotels (North)'s current Cyclically Adjusted PS Ratio of 2.21 is 71.3% above 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 Asian Hotels (North) and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asian Hotels (North)'s current Cyclically Adjusted PS Ratio is 2.21, which is near median its own 10-year median of 2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Hotels (North) stock overvalued right now?
Based on GuruFocus' analysis, Asian Hotels (North) (BOM:500023) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹114.00, compared to a current price of ₹312.30 — trading 173.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.21, which is near median its 10-year median of 2.35 and 71.3% above the Travel & Leisure industry median of 1.29. Asian Hotels (North)'s overall GF Score™ is 48/100 with 6 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 Asian Hotels (North) (BOM:500023), the current Cyclically Adjusted PS Ratio is 2.21 as of Aug. 08, 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 Asian Hotels (North) (BOM:500023) Overvalued in 2026?

Based on GuruFocus' analysis, Asian Hotels (North) stock appears to be overvalued. The current stock price of ₹312.30 is trading 173.9% above its estimated GF Value™ of ₹114.00. GuruFocus considers Asian Hotels (North) to be Significantly Overvalued.

Key valuation signals for BOM:500023:

  • Cyclically Adjusted PS Ratio: 2.21 (near median its 10-year median of 2.35)
  • GF Value™: ₹114.00 vs. price of ₹312.30 (173.9% above fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 71.3% above the Travel & Leisure median (#449 of 671)

No single metric tells the full story. See the BOM:500023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asian Hotels (North) Business Description

Other Exchanges ASIANHOTNR:India
Address M. G. Marg, Bhikaiji Cama Place, New Delhi, IND, 110066
Asian Hotels (North) Ltd is a holding company. It is engaged in hotel operations. It owns a five-star deluxe hotel, Hotel Hyatt Regency Delhi. The hotel includes restaurants, such as Cafe, an all-day dining restaurant; The China Kitchen, an authentic Chinese restaurant; La Piazza for traditional Italian and Sidewalk, the pastry, and a confectionary store. The leisure facilities offered by the hotel include a spa, a unisex salon, a fitness center, and an outdoor swimming pool. The company's segment includes Hospitality / Hotel business.
48GF Score

Get the complete analysis for BOM:500023

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

₹312.30
Price
₹114.00
GF Value