HB Leasing & Finance Co (BOM:508956) Cyclically Adjusted PS Ratio: 19.62 (As of Sep. 04, 2026) — 160% Above Median

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BOM:508956 HB Leasing & Finance Co Ltd BOM:508956
50 GF Score
Price ₹10.20
GF Value ₹10.37
Valuation Fairly Valued
! 2 Warning Signs
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What is HB Leasing & Finance Co Cyclically Adjusted PS Ratio?

HB Leasing & Finance Co BOM:508956 +0.10% 50 Cyclically Adjusted PS Ratio is 19.62 as of Sep. 04, 2026, which is 160% above its 10-year median of 7.54. GuruFocus rates BOM:508956 with a GF Score™ of 50/100 and a GF Value™ of ₹10.37 (Fairly Valued). The stock has 2 warning signs investors should review. Among 576 Capital Markets companies, HB Leasing & Finance Co ranks worse than 90.97% on this metric.

As of today (2026-09-04), HB Leasing & Finance Co's current share price is ₹10.20. HB Leasing & Finance Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹0.52. HB Leasing & Finance Co's Cyclically Adjusted PS Ratio for today is 19.62.

The historical rank and industry rank for HB Leasing & Finance Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:508956' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 7.54   Max: 32.08
Current: 19.58

During the past years, HB Leasing & Finance Co's highest Cyclically Adjusted PS Ratio was 32.08. The lowest was 0.25. And the median was 7.54.

BOM:508956's Cyclically Adjusted PS Ratio is ranked worse than
90.97% of 576 companies
in the Capital Markets industry
Industry Median: 3.68 vs BOM:508956: 19.58

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.

HB Leasing & Finance Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹0.032. 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 ₹0.52 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


HB Leasing & Finance Co  (BOM:508956) 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.


HB Leasing & Finance Co Cyclically Adjusted PS Ratio Related Terms


HB Leasing & Finance Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for HB Leasing & Finance Co'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.

HB Leasing & Finance Co Cyclically Adjusted PS Ratio Chart

HB Leasing & Finance Co 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 8.04 4.39 22.13 23.39 21.71

HB Leasing & Finance Co 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 25.44 24.43 23.87 21.71 19.13

BOM:508956 vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, HB Leasing & Finance Co'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.


HB Leasing & Finance Co Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, HB Leasing & Finance Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where HB Leasing & Finance Co's Cyclically Adjusted PS Ratio falls into.


BOM:508956
50GF Score
HB Leasing & Finance Co Ltd BOM:508956
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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HB Leasing & Finance Co 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.

HB Leasing & Finance Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.20/0.52
=19.62

* 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.

HB Leasing & Finance Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, HB Leasing & Finance Co'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)
=0.032/167.3573*167.3573
=0.032

Current CPI (Jun. 2026) = 167.3573.

HB Leasing & Finance Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.029 105.961 0.046
201612 0.026 105.196 0.041
201703 0.596 105.196 0.948
201706 0.025 107.109 0.039
201709 0.031 109.021 0.048
201712 0.021 109.404 0.032
201803 0.497 109.786 0.758
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 0.000 118.202 0.000
201906 0.000 120.880 0.000
201909 0.140 123.175 0.190
201912 0.069 126.235 0.091
202003 0.099 124.705 0.133
202006 0.050 127.000 0.066
202009 0.100 130.118 0.129
202012 0.068 130.889 0.087
202103 0.068 131.771 0.086
202106 0.068 134.084 0.085
202109 0.076 135.847 0.094
202112 0.095 138.161 0.115
202203 0.236 138.822 0.285
202206 0.089 142.347 0.105
202209 0.077 144.661 0.089
202212 0.079 145.763 0.091
202303 0.133 146.865 0.152
202306 0.127 150.280 0.141
202309 0.088 151.492 0.097
202312 0.082 152.924 0.090
202403 0.081 153.035 0.089
202406 0.027 155.789 0.029
202409 0.000 157.882 0.000
202412 0.000 158.323 0.000
202503 0.009 157.552 0.010
202506 0.031 159.755 0.032
202509 0.032 162.289 0.033
202512 0.031 163.281 0.032
202603 0.033 164.272 0.034
202606 0.032 167.357 0.032

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 19.62 mean?
HB Leasing & Finance Co (BOM:508956) has a Cyclically Adjusted PS Ratio of 19.62 as of Sep. 04, 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 HB Leasing & Finance Co and its competitors. This is 160% above median its historical median of 7.54. Over the past decade, HB Leasing & Finance Co's Cyclically Adjusted PS Ratio has ranged from 0.25 to 32.08. According to the industry distribution chart, HB Leasing & Finance Co ranks #524 out of 576 companies in the Capital Markets industry, placing it in the top 91%.
Is HB Leasing & Finance Co's Cyclically Adjusted PS Ratio too high?
HB Leasing & Finance Co's current Cyclically Adjusted PS Ratio of 19.62 is 160% above median its 10-year median of 7.54. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 32.08. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.68. HB Leasing & Finance Co's value of 19.62 is 433.2% above this industry median. Based on the distribution chart, HB Leasing & Finance Co ranks #524 out of 576 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, HB Leasing & Finance Co has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HB Leasing & Finance Co's Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, HB Leasing & Finance Co ranks #524 out of 576 companies for Cyclically Adjusted PS Ratio. This places HB Leasing & Finance Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.68. HB Leasing & Finance Co's value of 19.62 is 433.2% above this benchmark. Historically, HB Leasing & Finance Co's own Cyclically Adjusted PS Ratio has ranged from 0.25 to 32.08 over the past decade. While the company's 10-year median is 7.54 vs. the industry median of 3.68, HB Leasing & Finance Co 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 Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.68, based on 576 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. HB Leasing & Finance Co's current Cyclically Adjusted PS Ratio of 19.62 is 433.2% 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 HB Leasing & Finance Co and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HB Leasing & Finance Co's current Cyclically Adjusted PS Ratio is 19.62, which is 160% above median its own 10-year median of 7.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HB Leasing & Finance Co stock overvalued right now?
Based on GuruFocus' analysis, HB Leasing & Finance Co (BOM:508956) is currently considered Fairly Valued. The stock's GF Value™ is ₹10.37, compared to a current price of ₹10.20 — trading 1.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 19.62, which is 160% above median its 10-year median of 7.54 and 433.2% above the Capital Markets industry median of 3.68. HB Leasing & Finance Co's overall GF Score™ is 50/100 with 2 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 HB Leasing & Finance Co (BOM:508956), the current Cyclically Adjusted PS Ratio is 19.62 as of Sep. 04, 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 HB Leasing & Finance Co (BOM:508956) Overvalued in 2026?

Based on GuruFocus' analysis, HB Leasing & Finance Co stock appears to be undervalued. The current stock price of ₹10.20 is trading 1.6% below its estimated GF Value™ of ₹10.37. GuruFocus considers HB Leasing & Finance Co to be Fairly Valued.

Key valuation signals for BOM:508956:

  • Cyclically Adjusted PS Ratio: 19.62 (160% above median its 10-year median of 7.54)
  • GF Value™: ₹10.37 vs. price of ₹10.20 (1.6% below fair value)
  • GF Score™: 50/100 with 2 warning signs
  • Industry Position: 433.2% above the Capital Markets median (#524 of 576)

No single metric tells the full story. See the BOM:508956 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HB Leasing & Finance Co Business Description

Address Echelon Institutional Area, Plot No. 31, Sector-32, Gurugram, HR, IND, 122001
HB Leasing & Finance Co Ltd is a non-banking financial company. It is involved in the activity of proprietory investment in stocks and securities. The company also engages in financial leasing activities.
50GF Score

Get the complete analysis for BOM:508956

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

₹10.20
Price
₹10.37
GF Value