V B Desai Financial Services (BOM:511110) Cyclically Adjusted PS Ratio: 2.86 (As of Jul. 30, 2026) — 13% Above Median

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BOM:511110 V B Desai Financial Services Ltd BOM:511110
69 GF Score
Price ₹17.48
GF Value ₹19.53
Valuation Modestly Undervalued
! 3 Warning Signs
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What is V B Desai Financial Services Cyclically Adjusted PS Ratio?

V B Desai Financial Services BOM:511110 +2.82% 69 Cyclically Adjusted PS Ratio is 2.86 as of Jul. 30, 2026, which is 13% above its 10-year median of 2.52. GuruFocus rates BOM:511110 with a GF Score™ of 69/100 and a GF Value™ of ₹19.53 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 606 Capital Markets companies, V B Desai Financial Services ranks better than 51.49% on this metric.

As of today (2026-07-30), V B Desai Financial Services's current share price is ₹17.48. V B Desai Financial Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹6.11. V B Desai Financial Services's Cyclically Adjusted PS Ratio for today is 2.86.

The historical rank and industry rank for V B Desai Financial Services's Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:511110' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.75   Med: 2.52   Max: 7.31
Current: 2.86

During the past years, V B Desai Financial Services's highest Cyclically Adjusted PS Ratio was 7.31. The lowest was 0.75. And the median was 2.52.

BOM:511110's Cyclically Adjusted PS Ratio is ranked better than
51.49% of 606 companies
in the Capital Markets industry
Industry Median: 3.355 vs BOM:511110: 2.86

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.

V B Desai Financial Services's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹2.381. 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 ₹6.11 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


V B Desai Financial Services  (BOM:511110) 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.


V B Desai Financial Services Cyclically Adjusted PS Ratio Related Terms


V B Desai Financial Services Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for V B Desai Financial Services'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.

V B Desai Financial Services Cyclically Adjusted PS Ratio Chart

V B Desai Financial Services 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 3.01 1.85 3.23 6.26 2.23

V B Desai Financial Services 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 5.63 4.64 4.09 2.23 2.91

BOM:511110 vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, V B Desai Financial Services'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.


V B Desai Financial Services Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, V B Desai Financial Services's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where V B Desai Financial Services's Cyclically Adjusted PS Ratio falls into.


BOM:511110
69GF Score
V B Desai Financial Services Ltd BOM:511110
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

V B Desai Financial Services 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.

V B Desai Financial Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.48/6.11
=2.86

* 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.

V B Desai Financial Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, V B Desai Financial Services'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)
=2.381/166.1454*166.1454
=2.381

Current CPI (Jun. 2026) = 166.1454.

V B Desai Financial Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.421 105.961 0.660
201612 0.616 105.196 0.973
201703 0.900 105.196 1.421
201706 0.646 107.109 1.002
201709 0.833 109.021 1.269
201712 0.306 109.404 0.465
201803 0.861 109.786 1.303
201806 0.918 111.317 1.370
201809 1.082 115.142 1.561
201812 0.961 115.142 1.387
201903 1.164 118.202 1.636
201906 1.121 120.880 1.541
201909 1.399 123.175 1.887
201912 1.345 126.235 1.770
202003 0.895 124.705 1.192
202006 1.528 127.000 1.999
202009 1.034 130.118 1.320
202012 0.569 130.889 0.722
202103 1.125 131.771 1.418
202106 1.728 134.084 2.141
202109 1.725 135.847 2.110
202112 1.171 138.161 1.408
202203 1.259 138.822 1.507
202206 1.464 142.347 1.709
202209 1.635 144.661 1.878
202212 1.109 145.763 1.264
202303 1.256 146.865 1.421
202306 1.786 150.280 1.975
202309 1.074 151.492 1.178
202312 1.683 152.924 1.829
202403 2.251 153.035 2.444
202406 1.685 155.789 1.797
202409 1.629 157.882 1.714
202412 1.374 158.323 1.442
202503 1.551 157.552 1.636
202506 2.140 159.755 2.226
202509 1.483 162.289 1.518
202512 1.258 163.281 1.280
202603 1.364 164.272 1.380
202606 2.381 166.145 2.381

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 2.86 mean?
V B Desai Financial Services (BOM:511110) has a Cyclically Adjusted PS Ratio of 2.86 as of Jul. 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 V B Desai Financial Services and its competitors. This is 13% above median its historical median of 2.52. Over the past decade, V B Desai Financial Services' Cyclically Adjusted PS Ratio has ranged from 0.75 to 7.31. According to the industry distribution chart, V B Desai Financial Services ranks #294 out of 606 companies in the Capital Markets industry, placing it in the top 48.5%.
Is V B Desai Financial Services' Cyclically Adjusted PS Ratio too high?
V B Desai Financial Services' current Cyclically Adjusted PS Ratio of 2.86 is 13% above median its 10-year median of 2.52. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 7.31. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.36. V B Desai Financial Services' value of 2.86 is 14.8% below this industry median. Based on the distribution chart, V B Desai Financial Services ranks #294 out of 606 companies in the Capital Markets industry, which is above the industry midpoint. Overall, V B Desai Financial Services has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does V B Desai Financial Services' Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, V B Desai Financial Services ranks #294 out of 606 companies for Cyclically Adjusted PS Ratio. This puts V B Desai Financial Services in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.36. V B Desai Financial Services' value of 2.86 is 14.8% below this benchmark. Historically, V B Desai Financial Services' own Cyclically Adjusted PS Ratio has ranged from 0.75 to 7.31 over the past decade. While the company's 10-year median is 2.52 vs. the industry median of 3.36, V B Desai Financial Services has consistently been below 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 3.36, based on 606 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. V B Desai Financial Services's current Cyclically Adjusted PS Ratio of 2.86 is 14.8% below 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 V B Desai Financial Services and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V B Desai Financial Services's current Cyclically Adjusted PS Ratio is 2.86, which is 13% above median its own 10-year median of 2.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V B Desai Financial Services stock overvalued right now?
Based on GuruFocus' analysis, V B Desai Financial Services (BOM:511110) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹19.53, compared to a current price of ₹17.48 — trading 10.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.86, which is 13% above median its 10-year median of 2.52 and 14.8% below the Capital Markets industry median of 3.36. V B Desai Financial Services' overall GF Score™ is 69/100 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 V B Desai Financial Services (BOM:511110), the current Cyclically Adjusted PS Ratio is 2.86 as of Jul. 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 V B Desai Financial Services (BOM:511110) Overvalued in 2026?

Based on GuruFocus' analysis, V B Desai Financial Services stock appears to be undervalued. The current stock price of ₹17.48 is trading 10.5% below its estimated GF Value™ of ₹19.53. GuruFocus considers V B Desai Financial Services to be Modestly Undervalued.

Key valuation signals for BOM:511110:

  • Cyclically Adjusted PS Ratio: 2.86 (13% above median its 10-year median of 2.52)
  • GF Value™: ₹19.53 vs. price of ₹17.48 (10.5% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 14.8% below the Capital Markets median (#294 of 606)

No single metric tells the full story. See the BOM:511110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


V B Desai Financial Services Business Description

Address 24/26 Dalai Street, Cama Building, 1st Floor, Fort, Mumbai, MH, IND, 400001
V B Desai Financial Services Ltd is an Indian company providing merchant banking services. The company is engaged in offering financial and advisory services. It provides services like Share Valuation, (Employee Stock Option Plan) ESOP Valuation, ESOP Advisory, merger and acquisition, to act as Manager in Buyback of shares and Acquisition, Takeover of Listed Companies and Initial Public Offerings, etc. The Company has one segment which is Merchant Banking and financial services.
69GF Score

Get the complete analysis for BOM:511110

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

₹17.48
Price
₹19.53
GF Value