Martin Burn (BOM:523566) Cyclically Adjusted PS Ratio: 22.09 (As of Sep. 08, 2026) — 44% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:523566 Martin Burn Ltd BOM:523566
47 GF Score
Price ₹47.50
GF Value ₹82.77
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Martin Burn Cyclically Adjusted PS Ratio?

Martin Burn BOM:523566 -1.66% 47 Cyclically Adjusted PS Ratio is 22.09 as of Sep. 08, 2026, which is 44% above its 10-year median of 15.31. GuruFocus rates BOM:523566 with a GF Score™ of 47/100 and a GF Value™ of ₹82.77 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,363 Real Estate companies, Martin Burn ranks worse than 97.43% on this metric.

As of today (2026-09-08), Martin Burn's current share price is ₹47.50. Martin Burn's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹2.15. Martin Burn's Cyclically Adjusted PS Ratio for today is 22.09.

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

BOM:523566' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.78   Med: 15.31   Max: 31.15
Current: 22.47

During the past years, Martin Burn's highest Cyclically Adjusted PS Ratio was 31.15. The lowest was 3.78. And the median was 15.31.

BOM:523566's Cyclically Adjusted PS Ratio is ranked worse than
97.43% of 1363 companies
in the Real Estate industry
Industry Median: 1.81 vs BOM:523566: 22.47

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.

Martin Burn's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹1.209. 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 ₹2.15 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Martin Burn  (BOM:523566) 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.


Martin Burn Cyclically Adjusted PS Ratio Related Terms


Martin Burn Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Martin Burn'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.

Martin Burn Cyclically Adjusted PS Ratio Chart

Martin Burn 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 10.39 11.64 12.31 27.14 20.43

Martin Burn 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 26.49 24.95 20.71 20.43 20.69

BOM:523566 vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Martin Burn'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.


Martin Burn Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Martin Burn's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:523566
47GF Score
Martin Burn Ltd BOM:523566
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Martin Burn 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.

Martin Burn's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=47.50/2.15
=22.09

* 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.

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

For example, Martin Burn'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)
=1.209/167.3573*167.3573
=1.209

Current CPI (Jun. 2026) = 167.3573.

Martin Burn Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.000 105.961 0.000
201612 0.560 105.196 0.891
201703 0.699 105.196 1.112
201706 0.209 107.109 0.327
201709 0.028 109.021 0.043
201712 0.020 109.404 0.031
201803 4.469 109.786 6.812
201806 0.107 111.317 0.161
201809 0.196 115.142 0.285
201812 0.127 115.142 0.185
201903 0.587 118.202 0.831
201906 0.494 120.880 0.684
201909 0.119 123.175 0.162
201912 0.200 126.235 0.265
202003 0.160 124.705 0.215
202006 0.119 127.000 0.157
202009 0.133 130.118 0.171
202012 0.133 130.889 0.170
202103 0.135 131.771 0.171
202106 0.133 134.084 0.166
202109 0.150 135.847 0.185
202112 0.811 138.161 0.982
202203 0.136 138.822 0.164
202206 0.136 142.347 0.160
202209 0.150 144.661 0.174
202212 0.136 145.763 0.156
202303 0.135 146.865 0.154
202306 0.146 150.280 0.163
202309 0.382 151.492 0.422
202312 0.157 152.924 0.172
202403 3.181 153.035 3.479
202406 0.156 155.789 0.168
202409 0.157 157.882 0.166
202412 0.156 158.323 0.165
202503 0.156 157.552 0.166
202506 0.009 159.755 0.009
202509 0.009 162.289 0.009
202512 0.009 163.281 0.009
202603 0.009 164.272 0.009
202606 1.209 167.357 1.209

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 22.09 mean?
Martin Burn (BOM:523566) has a Cyclically Adjusted PS Ratio of 22.09 as of Sep. 08, 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 Martin Burn and its competitors. This is 44% above median its historical median of 15.31. Over the past decade, Martin Burn's Cyclically Adjusted PS Ratio has ranged from 3.78 to 31.15. According to the industry distribution chart, Martin Burn ranks #1328 out of 1363 companies in the Real Estate industry, placing it in the top 97.4%.
Is Martin Burn's Cyclically Adjusted PS Ratio too high?
Martin Burn's current Cyclically Adjusted PS Ratio of 22.09 is 44% above median its 10-year median of 15.31. Over the past 10 years, this metric has ranged from a low of 3.78 to a high of 31.15. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.81. Martin Burn's value of 22.09 is 1120.4% above this industry median. Based on the distribution chart, Martin Burn ranks #1328 out of 1363 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Martin Burn has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Martin Burn's Cyclically Adjusted PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Martin Burn ranks #1328 out of 1363 companies for Cyclically Adjusted PS Ratio. This places Martin Burn in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.81. Martin Burn's value of 22.09 is 1120.4% above this benchmark. Historically, Martin Burn's own Cyclically Adjusted PS Ratio has ranged from 3.78 to 31.15 over the past decade. While the company's 10-year median is 15.31 vs. the industry median of 1.81, Martin Burn 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.81, based on 1,363 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. Martin Burn's current Cyclically Adjusted PS Ratio of 22.09 is 1120.4% 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 Martin Burn and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Martin Burn's current Cyclically Adjusted PS Ratio is 22.09, which is 44% above median its own 10-year median of 15.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Martin Burn stock overvalued right now?
Based on GuruFocus' analysis, Martin Burn (BOM:523566) is currently considered Possible Value Trap. The stock's GF Value™ is ₹82.77, compared to a current price of ₹47.50 — trading 42.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 22.09, which is 44% above median its 10-year median of 15.31 and 1120.4% above the Real Estate industry median of 1.81. Martin Burn's overall GF Score™ is 47/100 with 6 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 Martin Burn (BOM:523566), the current Cyclically Adjusted PS Ratio is 22.09 as of Sep. 08, 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 Martin Burn (BOM:523566) Overvalued in 2026?

Based on GuruFocus' analysis, Martin Burn stock appears to be undervalued. The current stock price of ₹47.50 is trading 42.6% below its estimated GF Value™ of ₹82.77. GuruFocus considers Martin Burn to be Possible Value Trap.

Key valuation signals for BOM:523566:

  • Cyclically Adjusted PS Ratio: 22.09 (44% above median its 10-year median of 15.31)
  • GF Value™: ₹82.77 vs. price of ₹47.50 (42.6% below fair value)
  • GF Score™: 47/100 with 6 warning signs
  • Industry Position: 1120.4% above the Real Estate median (#1328 of 1363)

No single metric tells the full story. See the BOM:523566 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Martin Burn Business Description

Address 1, R.N. Mukherjee Road, Martin Burn House, 1st Floor, Kolkata, WB, IND, 700 001
Martin Burn Ltd is an India-based company engaged in the business of real estate development. The company's operating segment includes Construction/Property Development Business and Rent, and its related activities. It generates maximum revenue from the Rent and its related activities segment.
47GF Score

Get the complete analysis for BOM:523566

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

₹47.50
Price
₹82.77
GF Value