Relic Technologies (BOM:511712) Cyclically Adjusted PS Ratio: 13.68 (As of Sep. 10, 2026) — 99% Above Median

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BOM:511712 Relic Technologies Ltd BOM:511712
55 GF Score
Price ₹73.76
GF Value ₹25.56
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Relic Technologies Cyclically Adjusted PS Ratio?

Relic Technologies BOM:511712 +4.67% 55 Cyclically Adjusted PS Ratio is 13.68 as of Sep. 10, 2026, which is 99% above its 10-year median of 6.87. GuruFocus rates BOM:511712 with a GF Score™ of 55/100 and a GF Value™ of ₹25.56 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 600 Capital Markets companies, Relic Technologies ranks worse than 84.83% on this metric.

As of today (2026-09-10), Relic Technologies's current share price is ₹73.76. Relic Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹5.39. Relic Technologies's Cyclically Adjusted PS Ratio for today is 13.68.

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

BOM:511712' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.92   Med: 6.87   Max: 17.05
Current: 12.61

During the past years, Relic Technologies's highest Cyclically Adjusted PS Ratio was 17.05. The lowest was 2.92. And the median was 6.87.

BOM:511712's Cyclically Adjusted PS Ratio is ranked worse than
84.83% of 600 companies
in the Capital Markets industry
Industry Median: 3.65 vs BOM:511712: 12.61

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.

Relic Technologies's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹0.635. 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 ₹5.39 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Relic Technologies  (BOM:511712) 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.


Relic Technologies Cyclically Adjusted PS Ratio Related Terms


Relic Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Relic Technologies'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.

Relic Technologies Cyclically Adjusted PS Ratio Chart

Relic Technologies 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 3.18 14.49 12.81

Relic Technologies 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 13.68 15.15 14.85 12.81 11.77

BOM:511712 vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, Relic Technologies'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.


Relic Technologies Cyclically Adjusted PS Ratio vs Capital Markets Industry

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

* The bar in red indicates where Relic Technologies's Cyclically Adjusted PS Ratio falls into.


BOM:511712
55GF Score
Relic Technologies Ltd BOM:511712
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Relic Technologies 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.

Relic Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=73.76/5.39
=13.68

* 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.

Relic Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Relic Technologies'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)
=0.635/167.3573*167.3573
=0.635

Current CPI (Jun. 2026) = 167.3573.

Relic Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.609 102.518 0.994
201606 0.764 105.961 1.207
201612 0.455 105.196 0.724
201703 0.749 105.196 1.192
201706 0.764 107.109 1.194
201709 0.785 109.021 1.205
201803 0.000 109.786 0.000
201806 0.592 111.317 0.890
201809 0.429 115.142 0.624
201812 4.225 115.142 6.141
201903 1.226 118.202 1.736
201906 0.745 120.880 1.031
201909 0.624 123.175 0.848
201912 0.704 126.235 0.933
202003 0.698 124.705 0.937
202006 0.512 127.000 0.675
202009 1.014 130.118 1.304
202012 1.211 130.889 1.548
202103 1.113 131.771 1.414
202106 1.030 134.084 1.286
202109 1.323 135.847 1.630
202112 1.383 138.161 1.675
202203 1.033 138.822 1.245
202206 1.358 142.347 1.597
202209 0.987 144.661 1.142
202212 1.302 145.763 1.495
202303 0.676 146.865 0.770
202306 1.192 150.280 1.327
202309 0.856 151.492 0.946
202312 1.200 152.924 1.313
202403 1.071 153.035 1.171
202406 1.120 155.789 1.203
202409 1.771 157.882 1.877
202412 1.302 158.323 1.376
202503 1.551 157.552 1.648
202506 2.869 159.755 3.006
202509 1.161 162.289 1.197
202512 0.575 163.281 0.589
202603 0.841 164.272 0.857
202606 0.635 167.357 0.635

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 13.68 mean?
Relic Technologies (BOM:511712) has a Cyclically Adjusted PS Ratio of 13.68 as of Sep. 10, 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 Relic Technologies and its competitors. This is 99% above median its historical median of 6.87. Over the past decade, Relic Technologies' Cyclically Adjusted PS Ratio has ranged from 2.92 to 17.05. According to the industry distribution chart, Relic Technologies ranks #509 out of 600 companies in the Capital Markets industry, placing it in the top 84.8%.
Is Relic Technologies' Cyclically Adjusted PS Ratio too high?
Relic Technologies' current Cyclically Adjusted PS Ratio of 13.68 is 99% above median its 10-year median of 6.87. Over the past 10 years, this metric has ranged from a low of 2.92 to a high of 17.05. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.65. Relic Technologies' value of 13.68 is 274.8% above this industry median. Based on the distribution chart, Relic Technologies ranks #509 out of 600 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Relic Technologies has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Relic Technologies' Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Relic Technologies ranks #509 out of 600 companies for Cyclically Adjusted PS Ratio. This places Relic Technologies in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.65. Relic Technologies' value of 13.68 is 274.8% above this benchmark. Historically, Relic Technologies' own Cyclically Adjusted PS Ratio has ranged from 2.92 to 17.05 over the past decade. While the company's 10-year median is 6.87 vs. the industry median of 3.65, Relic Technologies 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 3.65, based on 600 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. Relic Technologies's current Cyclically Adjusted PS Ratio of 13.68 is 274.8% 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 Relic Technologies and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Relic Technologies's current Cyclically Adjusted PS Ratio is 13.68, which is 99% above median its own 10-year median of 6.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Relic Technologies stock overvalued right now?
Based on GuruFocus' analysis, Relic Technologies (BOM:511712) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹25.56, compared to a current price of ₹73.76 — trading 188.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 13.68, which is 99% above median its 10-year median of 6.87 and 274.8% above the Capital Markets industry median of 3.65. Relic Technologies' overall GF Score™ is 55/100 with 8 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 Relic Technologies (BOM:511712), the current Cyclically Adjusted PS Ratio is 13.68 as of Sep. 10, 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 Relic Technologies (BOM:511712) Overvalued in 2026?

Based on GuruFocus' analysis, Relic Technologies stock appears to be overvalued. The current stock price of ₹73.76 is trading 188.6% above its estimated GF Value™ of ₹25.56. GuruFocus considers Relic Technologies to be Significantly Overvalued.

Key valuation signals for BOM:511712:

  • Cyclically Adjusted PS Ratio: 13.68 (99% above median its 10-year median of 6.87)
  • GF Value™: ₹25.56 vs. price of ₹73.76 (188.6% above fair value)
  • GF Score™: 55/100 with 8 warning signs
  • Industry Position: 274.8% above the Capital Markets median (#509 of 600)

No single metric tells the full story. See the BOM:511712 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Relic Technologies Business Description

Address Kalbadevi Road, J-Block, Bhangwadi Shopping Centre, Mumbai, MH, IND, 400002
Relic Technologies Ltd is engaged in the share broking business in India. It serves institutional clients.
55GF Score

Get the complete analysis for BOM:511712

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

₹73.76
Price
₹25.56
GF Value