Jindal Capital (BOM:530405) Cyclically Adjusted PS Ratio: 2.23 (As of Sep. 12, 2026) — 25% Above Median

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BOM:530405 Jindal Capital Ltd BOM:530405
58 GF Score
Price ₹33.56
GF Value ₹44.23
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Jindal Capital Cyclically Adjusted PS Ratio?

Jindal Capital BOM:530405 -0.62% 58 Cyclically Adjusted PS Ratio is 2.23 as of Sep. 12, 2026, which is 25% above its 10-year median of 1.78. GuruFocus rates BOM:530405 with a GF Score™ of 58/100 and a GF Value™ of ₹44.23 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 600 Capital Markets companies, Jindal Capital ranks better than 63.67% on this metric.

As of today (2026-09-12), Jindal Capital's current share price is ₹33.56. Jindal Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹15.03. Jindal Capital's Cyclically Adjusted PS Ratio for today is 2.23.

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

BOM:530405' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 1.78   Max: 4.58
Current: 2.23

During the past years, Jindal Capital's highest Cyclically Adjusted PS Ratio was 4.58. The lowest was 0.26. And the median was 1.78.

BOM:530405's Cyclically Adjusted PS Ratio is ranked better than
63.67% of 600 companies
in the Capital Markets industry
Industry Median: 3.65 vs BOM:530405: 2.23

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.

Jindal Capital's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹1.492. 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 ₹15.03 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jindal Capital  (BOM:530405) 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.


Jindal Capital Cyclically Adjusted PS Ratio Related Terms


Jindal Capital Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Jindal Capital'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.

Jindal Capital Cyclically Adjusted PS Ratio Chart

Jindal Capital 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 1.63 1.19 2.08 2.55 1.92

Jindal Capital 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 2.57 2.66 2.12 1.92 2.08

BOM:530405 vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, Jindal Capital'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.


Jindal Capital Cyclically Adjusted PS Ratio vs Capital Markets Industry

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

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


BOM:530405
58GF Score
Jindal Capital Ltd BOM:530405
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jindal Capital 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.

Jindal Capital's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.56/15.03
=2.23

* 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.

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

For example, Jindal Capital'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)
=1.492/167.3573*167.3573
=1.492

Current CPI (Jun. 2026) = 167.3573.

Jindal Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.050 105.961 0.079
201612 0.285 105.196 0.453
201703 15.818 105.196 25.165
201706 1.838 107.109 2.872
201709 6.266 109.021 9.619
201712 3.036 109.404 4.644
201803 5.279 109.786 8.047
201806 7.249 111.317 10.898
201809 5.852 115.142 8.506
201812 2.227 115.142 3.237
201903 0.999 118.202 1.414
201906 4.746 120.880 6.571
201909 3.427 123.175 4.656
201912 6.437 126.235 8.534
202003 2.882 124.705 3.868
202006 3.114 127.000 4.104
202009 2.822 130.118 3.630
202012 0.507 130.889 0.648
202103 2.004 131.771 2.545
202106 3.360 134.084 4.194
202109 3.576 135.847 4.405
202112 1.656 138.161 2.006
202203 3.271 138.822 3.943
202206 2.748 142.347 3.231
202209 1.202 144.661 1.391
202212 1.462 145.763 1.679
202303 1.501 146.865 1.710
202306 0.616 150.280 0.686
202309 1.985 151.492 2.193
202312 0.633 152.924 0.693
202403 1.621 153.035 1.773
202406 1.513 155.789 1.625
202409 0.945 157.882 1.002
202412 1.741 158.323 1.840
202503 1.067 157.552 1.133
202506 1.063 159.755 1.114
202509 1.356 162.289 1.398
202512 1.389 163.281 1.424
202603 1.883 164.272 1.918
202606 1.492 167.357 1.492

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 2.23 mean?
Jindal Capital (BOM:530405) has a Cyclically Adjusted PS Ratio of 2.23 as of Sep. 12, 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 Jindal Capital and its competitors. This is 25% above median its historical median of 1.78. Over the past decade, Jindal Capital's Cyclically Adjusted PS Ratio has ranged from 0.26 to 4.58. According to the industry distribution chart, Jindal Capital ranks #218 out of 600 companies in the Capital Markets industry, placing it in the top 36.3%.
Is Jindal Capital's Cyclically Adjusted PS Ratio too high?
Jindal Capital's current Cyclically Adjusted PS Ratio of 2.23 is 25% above median its 10-year median of 1.78. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 4.58. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.65. Jindal Capital's value of 2.23 is 38.9% below this industry median. Based on the distribution chart, Jindal Capital ranks #218 out of 600 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Jindal Capital has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jindal Capital's Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Jindal Capital ranks #218 out of 600 companies for Cyclically Adjusted PS Ratio. This puts Jindal Capital in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.65. Jindal Capital's value of 2.23 is 38.9% below this benchmark. Historically, Jindal Capital's own Cyclically Adjusted PS Ratio has ranged from 0.26 to 4.58 over the past decade. While the company's 10-year median is 1.78 vs. the industry median of 3.65, Jindal Capital 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 3.65, 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. Jindal Capital's current Cyclically Adjusted PS Ratio of 2.23 is 38.9% 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 Jindal Capital 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. Jindal Capital's current Cyclically Adjusted PS Ratio is 2.23, which is 25% above median its own 10-year median of 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jindal Capital stock overvalued right now?
Based on GuruFocus' analysis, Jindal Capital (BOM:530405) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹44.23, compared to a current price of ₹33.56 — trading 24.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.23, which is 25% above median its 10-year median of 1.78 and 38.9% below the Capital Markets industry median of 3.65. Jindal Capital's overall GF Score™ is 58/100 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 Jindal Capital (BOM:530405), the current Cyclically Adjusted PS Ratio is 2.23 as of Sep. 12, 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 Jindal Capital (BOM:530405) Overvalued in 2026?

Based on GuruFocus' analysis, Jindal Capital stock appears to be undervalued. The current stock price of ₹33.56 is trading 24.1% below its estimated GF Value™ of ₹44.23. GuruFocus considers Jindal Capital to be Modestly Undervalued.

Key valuation signals for BOM:530405:

  • Cyclically Adjusted PS Ratio: 2.23 (25% above median its 10-year median of 1.78)
  • GF Value™: ₹44.23 vs. price of ₹33.56 (24.1% below fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 38.9% below the Capital Markets median (#218 of 600)

No single metric tells the full story. See the BOM:530405 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jindal Capital Business Description

Address 201, Aggarwal Plaza, Sector-9, Rohini, New Delhi, UP, IND, 110085
Jindal Capital Ltd operates as a Non-Banking Financial company. It is also engaged in fund-based activities and provides advisory services in India. It invests in quoted and unquoted shares and units of mutual funds. It also engages in provision of loans and advances, advisory services, and other related activities.
58GF Score

Get the complete analysis for BOM:530405

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

₹33.56
Price
₹44.23
GF Value