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Vardhman HoldingsBOM:500439 +3.09%59 Cyclically Adjusted PS Ratio is 49.00 as of Aug. 30, 2026, which is 48% above its 10-year median of 33.01. GuruFocus rates BOM:500439 with a GF Score™ of 59/100 and a GF Value™ of ₹1,538.95 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 915 Asset Management companies, Vardhman Holdings ranks worse than 96.17% on this metric.
The historical rank and industry rank for Vardhman Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:
BOM:500439'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 16.68 Med: 33.01 Max: 53.22
Current: 49
During the past years, Vardhman Holdings's highest Cyclically Adjusted PS Ratio was 53.22. The lowest was 16.68. And the median was 33.01.
BOM:500439's Cyclically Adjusted PS Ratio is ranked worse than 96.17% of 915
companies
in the Asset Management industry
Industry Median: 7.89
vs BOM:500439: 49.00
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.
Vardhman Holdings's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹0.689. 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 ₹71.45 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Vardhman Holdings (BOM:500439) 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.
Vardhman Holdings Cyclically Adjusted PS Ratio Related Terms
Vardhman Holdings Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Vardhman Holdings'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.
Vardhman Holdings Cyclically Adjusted PS Ratio Chart
BOM:500439 vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison
For the Asset Management subindustry, Vardhman Holdings'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.
Vardhman Holdings Cyclically Adjusted PS Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Vardhman Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Vardhman Holdings's Cyclically Adjusted PS Ratio falls into.
Vardhman Holdings 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.
Vardhman Holdings's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 49.00 mean?
Vardhman Holdings (BOM:500439) has a Cyclically Adjusted PS Ratio of 49.00 as of Aug. 30, 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 Vardhman Holdings and its competitors. This is 48% above median its historical median of 33.01. Over the past decade, Vardhman Holdings' Cyclically Adjusted PS Ratio has ranged from 16.68 to 53.22. According to the industry distribution chart, Vardhman Holdings ranks #880 out of 915 companies in the Asset Management industry, placing it in the top 96.2%.
Is Vardhman Holdings' Cyclically Adjusted PS Ratio too high?
Vardhman Holdings' current Cyclically Adjusted PS Ratio of 49.00 is 48% above median its 10-year median of 33.01. Over the past 10 years, this metric has ranged from a low of 16.68 to a high of 53.22. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.89. Vardhman Holdings' value of 49.00 is 521% above this industry median. Based on the distribution chart, Vardhman Holdings ranks #880 out of 915 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Vardhman Holdings has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vardhman Holdings' Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Vardhman Holdings ranks #880 out of 915 companies for Cyclically Adjusted PS Ratio. This places Vardhman Holdings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.89. Vardhman Holdings' value of 49.00 is 521% above this benchmark. Historically, Vardhman Holdings' own Cyclically Adjusted PS Ratio has ranged from 16.68 to 53.22 over the past decade. While the company's 10-year median is 33.01 vs. the industry median of 7.89, Vardhman Holdings 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 an Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.89, based on 915 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. Vardhman Holdings's current Cyclically Adjusted PS Ratio of 49.00 is 521% 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 Vardhman Holdings and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vardhman Holdings's current Cyclically Adjusted PS Ratio is 49.00, which is 48% above median its own 10-year median of 33.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vardhman Holdings stock overvalued right now?
Based on GuruFocus' analysis, Vardhman Holdings (BOM:500439) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,538.95, compared to a current price of ₹3,501.00 — trading 127.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 49.00, which is 48% above median its 10-year median of 33.01 and 521% above the Asset Management industry median of 7.89. Vardhman Holdings' overall GF Score™ is 59/100 with 3 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 Vardhman Holdings (BOM:500439), the current Cyclically Adjusted PS Ratio is 49.00 as of Aug. 30, 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 Vardhman Holdings (BOM:500439) Overvalued in 2026?
Based on GuruFocus' analysis, Vardhman Holdings stock appears to be overvalued.
The current stock price of ₹3,501.00 is trading 127.5% above its estimated GF Value™ of ₹1,538.95.
GuruFocus considers Vardhman Holdings to be Significantly Overvalued.
Key valuation signals for BOM:500439:
Cyclically Adjusted PS Ratio: 49.00 (48% above median its 10-year median of 33.01)
GF Value™: ₹1,538.95 vs. price of ₹3,501.00 (127.5% above fair value)
Industry Position: 521% above the Asset Management median (#880 of 915)
No single metric tells the full story. See the BOM:500439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vardhman Holdings Ltd operates as a non-banking financial company. It is engaged in the Investment business, the company's sole segment. The company's portfolio consists of investments in debt, equity, and real estate. The group earns its income from investments.
59GF Score
Get the complete analysis for BOM:500439
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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