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Dharani FinanceBOM:511451 -4.92%73 Cyclically Adjusted PS Ratio is 4.03 as of Jul. 25, 2026, which is 155% above its 10-year median of 1.58. GuruFocus rates BOM:511451 with a GF Score™ of 73/100 and a GF Value™ of ₹16.52 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 420 Credit Services companies, Dharani Finance ranks worse than 63.33% on this metric.
The historical rank and industry rank for Dharani Finance's Cyclically Adjusted PS Ratio or its related term are showing as below:
BOM:511451'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.72 Med: 1.58 Max: 4.98
Current: 4.02
During the past years, Dharani Finance's highest Cyclically Adjusted PS Ratio was 4.98. The lowest was 0.72. And the median was 1.58.
BOM:511451's Cyclically Adjusted PS Ratio is ranked worse than 63.33% of 420
companies
in the Credit Services industry
Industry Median: 3.055
vs BOM:511451: 4.02
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.
Dharani Finance's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹0.652. 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 ₹3.07 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Dharani Finance (BOM:511451) 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.
Dharani Finance Cyclically Adjusted PS Ratio Related Terms
Dharani Finance Cyclically Adjusted PS Ratio Historical Data
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The historical data trend for Dharani Finance'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.
Dharani Finance Cyclically Adjusted PS Ratio Chart
BOM:511451 vs V, MA, AXP: Cyclically Adjusted PS Ratio Comparison
For the Credit Services subindustry, Dharani Finance'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.
Dharani Finance Cyclically Adjusted PS Ratio vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Dharani Finance's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Dharani Finance's Cyclically Adjusted PS Ratio falls into.
Dharani Finance 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.
Dharani Finance'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 4.03 mean?
Dharani Finance (BOM:511451) has a Cyclically Adjusted PS Ratio of 4.03 as of Jul. 25, 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 Dharani Finance and its competitors. This is 155% above median its historical median of 1.58. Over the past decade, Dharani Finance's Cyclically Adjusted PS Ratio has ranged from 0.72 to 4.98. According to the industry distribution chart, Dharani Finance ranks #266 out of 420 companies in the Credit Services industry, placing it in the top 63.3%.
Is Dharani Finance's Cyclically Adjusted PS Ratio too high?
Dharani Finance's current Cyclically Adjusted PS Ratio of 4.03 is 155% above median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 4.98. The Credit Services industry median Cyclically Adjusted PS Ratio is 3.06. Dharani Finance's value of 4.03 is 31.9% above this industry median. Based on the distribution chart, Dharani Finance ranks #266 out of 420 companies in the Credit Services industry, which is below the industry midpoint. Overall, Dharani Finance has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dharani Finance's Cyclically Adjusted PS Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Dharani Finance ranks #266 out of 420 companies for Cyclically Adjusted PS Ratio. This places Dharani Finance in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.06. Dharani Finance's value of 4.03 is 31.9% above this benchmark. Historically, Dharani Finance's own Cyclically Adjusted PS Ratio has ranged from 0.72 to 4.98 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 3.06, Dharani Finance 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 Credit Services company?
The median Cyclically Adjusted PS Ratio among Credit Services companies is 3.06, based on 420 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. Dharani Finance's current Cyclically Adjusted PS Ratio of 4.03 is 31.9% 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 Dharani Finance and its competitors. For the Credit Services industry, the median Cyclically Adjusted PS Ratio is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dharani Finance's current Cyclically Adjusted PS Ratio is 4.03, which is 155% above median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dharani Finance stock overvalued right now?
Based on GuruFocus' analysis, Dharani Finance (BOM:511451) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹16.52, compared to a current price of ₹12.36 — trading 25.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.03, which is 155% above median its 10-year median of 1.58 and 31.9% above the Credit Services industry median of 3.06. Dharani Finance's overall GF Score™ is 73/100 with 4 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 Dharani Finance (BOM:511451), the current Cyclically Adjusted PS Ratio is 4.03 as of Jul. 25, 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 Dharani Finance (BOM:511451) Overvalued in 2026?
Based on GuruFocus' analysis, Dharani Finance stock appears to be undervalued.
The current stock price of ₹12.36 is trading 25.2% below its estimated GF Value™ of ₹16.52.
GuruFocus considers Dharani Finance to be Modestly Undervalued.
Key valuation signals for BOM:511451:
Cyclically Adjusted PS Ratio: 4.03 (155% above median its 10-year median of 1.58)
GF Value™: ₹16.52 vs. price of ₹12.36 (25.2% below fair value)
Industry Position: 31.9% above the Credit Services median (#266 of 420)
No single metric tells the full story. See the BOM:511451 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dharani Finance Ltd is an Indian non-banking financial company (NBFC) engaged in providing financial services such as hire purchase finance, lease finance, and bill discounting. Dharani Finance caters to industrial and commercial enterprises. Company operates in single segment of NBFC activities. The company is also licensed by the Reserve Bank of India for foreign exchange money changing operations and has diversified activities including investment planning, tax consulting, and travel agency services. Majority of its revenue is generated from its core financial services business in hire purchase and leasing.
73GF Score
Get the complete analysis for BOM:511451
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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