Maha Rashtra Apex (BOM:523384) Cyclically Adjusted PS Ratio: 38.47 (As of Aug. 23, 2026) — 23% Above Median

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BOM:523384 Maha Rashtra Apex Corp Ltd BOM:523384
51 GF Score
Price ₹61.16
GF Value ₹57.46
Valuation Fairly Valued
! 5 Warning Signs
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What is Maha Rashtra Apex Cyclically Adjusted PS Ratio?

Maha Rashtra Apex BOM:523384 +4.44% 51 Cyclically Adjusted PS Ratio is 38.47 as of Aug. 23, 2026, which is 23% above its 10-year median of 31.22. GuruFocus rates BOM:523384 with a GF Score™ of 51/100 and a GF Value™ of ₹57.46 (Fairly Valued). The stock has 5 warning signs investors should review. Among 417 Credit Services companies, Maha Rashtra Apex ranks worse than 96.16% on this metric.

As of today (2026-08-23), Maha Rashtra Apex's current share price is ₹61.16. Maha Rashtra Apex's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹1.59. Maha Rashtra Apex's Cyclically Adjusted PS Ratio for today is 38.47.

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

BOM:523384' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 27.43   Med: 31.22   Max: 38.47
Current: 38.38

During the past years, Maha Rashtra Apex's highest Cyclically Adjusted PS Ratio was 38.47. The lowest was 27.43. And the median was 31.22.

BOM:523384's Cyclically Adjusted PS Ratio is ranked worse than
96.16% of 417 companies
in the Credit Services industry
Industry Median: 2.93 vs BOM:523384: 38.38

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.

Maha Rashtra Apex's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹0.021. 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 ₹1.59 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maha Rashtra Apex  (BOM:523384) 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.


Maha Rashtra Apex Cyclically Adjusted PS Ratio Related Terms


Maha Rashtra Apex Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Maha Rashtra Apex'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.

Maha Rashtra Apex Cyclically Adjusted PS Ratio Chart

Maha Rashtra Apex 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 0.00 30.89

Maha Rashtra Apex 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 0.00 33.59 34.41 30.89 29.36

BOM:523384 vs V, MA, AXP: Cyclically Adjusted PS Ratio Comparison

For the Credit Services subindustry, Maha Rashtra Apex'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.


Maha Rashtra Apex Cyclically Adjusted PS Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Maha Rashtra Apex's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Maha Rashtra Apex's Cyclically Adjusted PS Ratio falls into.


BOM:523384
51GF Score
Maha Rashtra Apex Corp Ltd BOM:523384
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Maha Rashtra Apex 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.

Maha Rashtra Apex's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=61.16/1.59
=38.47

* 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.

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

For example, Maha Rashtra Apex'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)
=0.021/167.3573*167.3573
=0.021

Current CPI (Jun. 2026) = 167.3573.

Maha Rashtra Apex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201809 0.306 115.142 0.445
201812 0.012 115.142 0.017
201903 0.614 118.202 0.869
201906 0.306 120.880 0.424
201909 0.238 123.175 0.323
201912 0.712 126.235 0.944
202003 0.291 124.705 0.391
202006 0.143 127.000 0.188
202009 0.202 130.118 0.260
202012 0.307 130.889 0.393
202103 0.524 131.771 0.666
202106 0.144 134.084 0.180
202109 0.802 135.847 0.988
202112 0.281 138.161 0.340
202203 0.257 138.822 0.310
202206 0.199 142.347 0.234
202209 0.015 144.661 0.017
202212 0.413 145.763 0.474
202303 0.190 146.865 0.217
202306 0.181 150.280 0.202
202309 0.278 151.492 0.307
202312 0.242 152.924 0.265
202403 2.635 153.035 2.882
202406 0.204 155.789 0.219
202409 0.183 157.882 0.194
202412 0.019 158.323 0.020
202503 0.114 157.552 0.121
202506 0.020 159.755 0.021
202509 0.022 162.289 0.023
202512 0.754 163.281 0.773
202603 0.022 164.272 0.022
202606 0.021 167.357 0.021

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 38.47 mean?
Maha Rashtra Apex (BOM:523384) has a Cyclically Adjusted PS Ratio of 38.47 as of Aug. 23, 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 Maha Rashtra Apex and its competitors. This is 23% above median its historical median of 31.22. Over the past decade, Maha Rashtra Apex's Cyclically Adjusted PS Ratio has ranged from 27.43 to 38.47. According to the industry distribution chart, Maha Rashtra Apex ranks #401 out of 417 companies in the Credit Services industry, placing it in the top 96.2%.
Is Maha Rashtra Apex's Cyclically Adjusted PS Ratio too high?
Maha Rashtra Apex's current Cyclically Adjusted PS Ratio of 38.47 is 23% above median its 10-year median of 31.22. Over the past 10 years, this metric has ranged from a low of 27.43 to a high of 38.47. The Credit Services industry median Cyclically Adjusted PS Ratio is 2.93. Maha Rashtra Apex's value of 38.47 is 1213% above this industry median. Based on the distribution chart, Maha Rashtra Apex ranks #401 out of 417 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Maha Rashtra Apex has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maha Rashtra Apex's Cyclically Adjusted PS Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Maha Rashtra Apex ranks #401 out of 417 companies for Cyclically Adjusted PS Ratio. This places Maha Rashtra Apex in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.93. Maha Rashtra Apex's value of 38.47 is 1213% above this benchmark. Historically, Maha Rashtra Apex's own Cyclically Adjusted PS Ratio has ranged from 27.43 to 38.47 over the past decade. While the company's 10-year median is 31.22 vs. the industry median of 2.93, Maha Rashtra Apex 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 2.93, based on 417 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. Maha Rashtra Apex's current Cyclically Adjusted PS Ratio of 38.47 is 1213% 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 Maha Rashtra Apex and its competitors. For the Credit Services industry, the median Cyclically Adjusted PS Ratio is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maha Rashtra Apex's current Cyclically Adjusted PS Ratio is 38.47, which is 23% above median its own 10-year median of 31.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maha Rashtra Apex stock overvalued right now?
Based on GuruFocus' analysis, Maha Rashtra Apex (BOM:523384) is currently considered Fairly Valued. The stock's GF Value™ is ₹57.46, compared to a current price of ₹61.16 — trading 6.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 38.47, which is 23% above median its 10-year median of 31.22 and 1213% above the Credit Services industry median of 2.93. Maha Rashtra Apex's overall GF Score™ is 51/100 with 5 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 Maha Rashtra Apex (BOM:523384), the current Cyclically Adjusted PS Ratio is 38.47 as of Aug. 23, 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 Maha Rashtra Apex (BOM:523384) Overvalued in 2026?

Based on GuruFocus' analysis, Maha Rashtra Apex stock appears to be overvalued. The current stock price of ₹61.16 is trading 6.4% above its estimated GF Value™ of ₹57.46. GuruFocus considers Maha Rashtra Apex to be Fairly Valued.

Key valuation signals for BOM:523384:

  • Cyclically Adjusted PS Ratio: 38.47 (23% above median its 10-year median of 31.22)
  • GF Value™: ₹57.46 vs. price of ₹61.16 (6.4% above fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 1213% above the Credit Services median (#401 of 417)

No single metric tells the full story. See the BOM:523384 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maha Rashtra Apex Business Description

Other Exchanges MAHAPEXLTD:India
Address Syndicate House, Upendra Nagar, Manipal, KA, IND, 576104
Maha Rashtra Apex Corp Ltd is an India-based finance company. The company is engaged in the business of leasing and hire purchase. The company generates revenue from Income from Hire Purchases, Lease, Loans & Advances, and lodging business.
51GF Score

Get the complete analysis for BOM:523384

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

₹61.16
Price
₹57.46
GF Value