HEM Holdings & Trading (BOM:505520) Cyclically Adjusted PS Ratio: (As of Sep. 06, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.
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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.

BOM:505520 HEM Holdings & Trading Ltd BOM:505520
44 GF Score
Price ₹106.40
GF Value ₹12.57
! 4 Warning Signs
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What is HEM Holdings & Trading Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


HEM Holdings & Trading  (BOM:505520) 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.


HEM Holdings & Trading Cyclically Adjusted PS Ratio Related Terms


HEM Holdings & Trading Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for HEM Holdings & Trading'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.

HEM Holdings & Trading Cyclically Adjusted PS Ratio Chart

HEM Holdings & Trading 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 0.96 4.82

HEM Holdings & Trading 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 2.29 5.02 4.88 4.82 0.00

BOM:505520 vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, HEM Holdings & Trading'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.


HEM Holdings & Trading Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, HEM Holdings & Trading's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where HEM Holdings & Trading's Cyclically Adjusted PS Ratio falls into.


BOM:505520
44GF Score
HEM Holdings & Trading Ltd BOM:505520
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HEM Holdings & Trading 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.

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

For example, HEM Holdings & Trading'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)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

HEM Holdings & Trading Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.025 105.961 6.357
201612 26.546 105.196 42.232
201703 7.654 105.196 12.177
201706 1.479 107.109 2.311
201709 1.563 109.021 2.399
201712 1.840 109.404 2.815
201803 1.800 109.786 2.744
201806 1.745 111.317 2.623
201809 1.762 115.142 2.561
201812 1.679 115.142 2.440
201903 1.538 118.202 2.178
201906 1.638 120.880 2.268
201909 1.432 123.175 1.946
201912 1.686 126.235 2.235
202003 10.451 124.705 14.025
202006 0.000 127.000 0.000
202009 0.000 130.118 0.000
202012 0.000 130.889 0.000
202103 1.676 131.771 2.129
202106 0.000 134.084 0.000
202109 0.000 135.847 0.000
202112 0.000 138.161 0.000
202203 3.146 138.822 3.793
202206 0.008 142.347 0.009
202209 2.311 144.661 2.674
202212 1.324 145.763 1.520
202303 1.656 146.865 1.887
202306 -0.004 150.280 -0.004
202309 2.361 151.492 2.608
202312 1.254 152.924 1.372
202403 11.021 153.035 12.052
202406 1.245 155.789 1.337
202409 2.730 157.882 2.894
202412 3.577 158.323 3.781
202503 8.004 157.552 8.502
202506 8.617 159.755 9.027
202509 9.046 162.289 9.328
202512 8.625 163.281 8.840
202603 3.404 164.272 3.468
202606 0.000 167.357 0.000

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.

Is HEM Holdings & Trading (BOM:505520) Overvalued in 2026?

Based on GuruFocus' analysis, HEM Holdings & Trading stock appears to be overvalued. The current stock price of ₹106.40 is trading 746.5% above its estimated GF Value™ of ₹12.57.

Key valuation signals for BOM:505520:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹12.57 vs. price of ₹106.40 (746.5% above fair value)
  • GF Score™: 44/100 with 4 warning signs

No single metric tells the full story. See the BOM:505520 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HEM Holdings & Trading Business Description

Address Off Andheri Link Road, 601/602 A, Fairlink Center, Andheri (West), Mumbai, MH, IND, 400053
HEM Holdings & Trading Ltd is a non-banking financial company. The company is engaged in the business of investment in mutual funds and in equity shares including in group companies also providing loans to group companies. The company provides quality services in the field of Investment and buying, selling, underwriting, investing, acquiring, and holding securities.
44GF Score

Get the complete analysis for BOM:505520

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

₹106.40
Price
₹12.57
GF Value