Bajaj Holdings and Investment (BOM:500490) Cyclically Adjusted PS Ratio: 21.26 (As of Aug. 20, 2026) — 16% Below Median

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BOM:500490 Bajaj Holdings and Investment Ltd BOM:500490
70 GF Score
Price ₹11,322.85
GF Value ₹12,453.70
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Bajaj Holdings and Investment Cyclically Adjusted PS Ratio?

Bajaj Holdings and Investment BOM:500490 +0.26% 70 Cyclically Adjusted PS Ratio is 21.26 as of Aug. 20, 2026, which is 16% below its 10-year median of 25.37. GuruFocus rates BOM:500490 with a GF Score™ of 70/100 and a GF Value™ of ₹12,453.70 (Fairly Valued). The stock has 3 warning signs investors should review. Among 922 Asset Management companies, Bajaj Holdings and Investment ranks worse than 89.8% on this metric.

As of today (2026-08-20), Bajaj Holdings and Investment's current share price is ₹11322.85. Bajaj Holdings and Investment's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹532.48. Bajaj Holdings and Investment's Cyclically Adjusted PS Ratio for today is 21.26.

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

BOM:500490' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 13.16   Med: 25.37   Max: 35.63
Current: 21.42

During the past years, Bajaj Holdings and Investment's highest Cyclically Adjusted PS Ratio was 35.63. The lowest was 13.16. And the median was 25.37.

BOM:500490's Cyclically Adjusted PS Ratio is ranked worse than
89.8% of 922 companies
in the Asset Management industry
Industry Median: 7.795 vs BOM:500490: 21.42

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.

Bajaj Holdings and Investment's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹249.610. 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 ₹532.48 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bajaj Holdings and Investment  (BOM:500490) 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.


Bajaj Holdings and Investment Cyclically Adjusted PS Ratio Related Terms


Bajaj Holdings and Investment Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bajaj Holdings and Investment'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.

Bajaj Holdings and Investment Cyclically Adjusted PS Ratio Chart

Bajaj Holdings and Investment 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 24.14 22.61 24.70 31.18 17.37

Bajaj Holdings and Investment 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 32.93 26.65 23.52 17.37 19.93

BOM:500490 vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Bajaj Holdings and Investment'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.


Bajaj Holdings and Investment Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Bajaj Holdings and Investment's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bajaj Holdings and Investment's Cyclically Adjusted PS Ratio falls into.


BOM:500490
70GF Score
Bajaj Holdings and Investment Ltd BOM:500490
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bajaj Holdings and Investment 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.

Bajaj Holdings and Investment's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11322.85/532.48
=21.26

* 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.

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

For example, Bajaj Holdings and Investment'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)
=249.61/167.3573*167.3573
=249.610

Current CPI (Jun. 2026) = 167.3573.

Bajaj Holdings and Investment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 24.435 105.961 38.593
201612 24.870 105.196 39.566
201703 16.307 105.196 25.943
201706 52.165 107.109 81.508
201709 70.974 109.021 108.951
201712 63.808 109.404 97.608
201803 20.000 109.786 30.488
201806 68.223 111.317 102.569
201809 73.410 115.142 106.701
201812 74.701 115.142 108.577
201903 75.462 118.202 106.843
201906 65.720 120.880 90.989
201909 100.823 123.175 136.988
201912 89.392 126.235 118.512
202003 56.102 124.705 75.290
202006 66.405 127.000 87.507
202009 83.669 130.118 107.615
202012 108.726 130.889 139.019
202103 91.770 131.771 116.554
202106 75.371 134.084 94.074
202109 114.805 135.847 141.435
202112 98.747 138.161 119.615
202203 104.075 138.822 125.468
202206 92.447 142.347 108.690
202209 125.891 144.661 145.642
202212 121.271 145.763 139.237
202303 126.061 146.865 143.651
202306 132.849 150.280 147.945
202309 153.091 151.492 169.124
202312 153.688 152.924 168.193
202403 249.248 153.035 272.576
202406 151.633 155.789 162.893
202409 145.055 157.882 153.760
202412 163.547 158.323 172.880
202503 165.276 157.552 175.562
202506 337.211 159.755 353.257
202509 182.161 162.289 187.850
202512 191.699 163.281 196.485
202603 210.112 164.272 214.058
202606 249.610 167.357 249.610

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 21.26 mean?
Bajaj Holdings and Investment (BOM:500490) has a Cyclically Adjusted PS Ratio of 21.26 as of Aug. 20, 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 Bajaj Holdings and Investment and its competitors. This is 16% below median its historical median of 25.37. Over the past decade, Bajaj Holdings and Investment's Cyclically Adjusted PS Ratio has ranged from 13.16 to 35.63. According to the industry distribution chart, Bajaj Holdings and Investment ranks #828 out of 922 companies in the Asset Management industry, placing it in the top 89.8%.
Is Bajaj Holdings and Investment's Cyclically Adjusted PS Ratio too high?
Bajaj Holdings and Investment's current Cyclically Adjusted PS Ratio of 21.26 is 16% below median its 10-year median of 25.37. Over the past 10 years, this metric has ranged from a low of 13.16 to a high of 35.63. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.80. Bajaj Holdings and Investment's value of 21.26 is 172.7% above this industry median. Based on the distribution chart, Bajaj Holdings and Investment ranks #828 out of 922 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Bajaj Holdings and Investment has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bajaj Holdings and Investment's Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Bajaj Holdings and Investment ranks #828 out of 922 companies for Cyclically Adjusted PS Ratio. This places Bajaj Holdings and Investment in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.80. Bajaj Holdings and Investment's value of 21.26 is 172.7% above this benchmark. Historically, Bajaj Holdings and Investment's own Cyclically Adjusted PS Ratio has ranged from 13.16 to 35.63 over the past decade. While the company's 10-year median is 25.37 vs. the industry median of 7.80, Bajaj Holdings and Investment 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 7.80, based on 922 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. Bajaj Holdings and Investment's current Cyclically Adjusted PS Ratio of 21.26 is 172.7% 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 Bajaj Holdings and Investment and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bajaj Holdings and Investment's current Cyclically Adjusted PS Ratio is 21.26, which is 16% below median its own 10-year median of 25.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bajaj Holdings and Investment stock overvalued right now?
Based on GuruFocus' analysis, Bajaj Holdings and Investment (BOM:500490) is currently considered Fairly Valued. The stock's GF Value™ is ₹12,453.70, compared to a current price of ₹11,322.85 — trading 9.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 21.26, which is 16% below median its 10-year median of 25.37 and 172.7% above the Asset Management industry median of 7.80. Bajaj Holdings and Investment's overall GF Score™ is 70/100 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 Bajaj Holdings and Investment (BOM:500490), the current Cyclically Adjusted PS Ratio is 21.26 as of Aug. 20, 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 Bajaj Holdings and Investment (BOM:500490) Overvalued in 2026?

Based on GuruFocus' analysis, Bajaj Holdings and Investment stock appears to be undervalued. The current stock price of ₹11,322.85 is trading 9.1% below its estimated GF Value™ of ₹12,453.70. GuruFocus considers Bajaj Holdings and Investment to be Fairly Valued.

Key valuation signals for BOM:500490:

  • Cyclically Adjusted PS Ratio: 21.26 (16% below median its 10-year median of 25.37)
  • GF Value™: ₹12,453.70 vs. price of ₹11,322.85 (9.1% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 172.7% above the Asset Management median (#828 of 922)

No single metric tells the full story. See the BOM:500490 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bajaj Holdings and Investment Business Description

Other Exchanges BAJAJHLDNG:India
Address Off Pune - Ahmednagar Road, 6th Floor, Bajaj Finserv Corporate Office, Viman Nagar, Pune, MH, IND, 411 014
Bajaj Holdings and Investment Ltd is an investment holding company that chooses equities from both the public and private equity markets. The company is essentially a holding and investment company focusing on earning income through dividends, interest, and gains on investments held. The company's sectoral allocations to equity investments include Consumer Discretionary, Consumer Staples, Financials, Industrials, Materials, Real estate, Technology, Energy, Healthcare, and Communication Services.
70GF Score

Get the complete analysis for BOM:500490

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

₹11,322.85
Price
₹12,453.70
GF Value