Explicit Finance (BOM:530571) Cyclically Adjusted PS Ratio: 0.62 (As of Sep. 13, 2026) — 41% Above Median

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BOM:530571 Explicit Finance Ltd BOM:530571
49 GF Score
Price ₹7.77
GF Value ₹2.65
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Explicit Finance Cyclically Adjusted PS Ratio?

Explicit Finance BOM:530571 +5.00% 49 Cyclically Adjusted PS Ratio is 0.62 as of Sep. 13, 2026, which is 41% above its 10-year median of 0.44. GuruFocus rates BOM:530571 with a GF Score™ of 49/100 and a GF Value™ of ₹2.65 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 602 Capital Markets companies, Explicit Finance ranks better than 85.22% on this metric.

As of today (2026-09-13), Explicit Finance's current share price is ₹7.77. Explicit Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹12.57. Explicit Finance's Cyclically Adjusted PS Ratio for today is 0.62.

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

BOM:530571' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.44   Max: 1.14
Current: 0.62

During the past years, Explicit Finance's highest Cyclically Adjusted PS Ratio was 1.14. The lowest was 0.13. And the median was 0.44.

BOM:530571's Cyclically Adjusted PS Ratio is ranked better than
85.22% of 602 companies
in the Capital Markets industry
Industry Median: 3.595 vs BOM:530571: 0.62

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.

Explicit Finance's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹0.500. 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 ₹12.57 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Explicit Finance  (BOM:530571) 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.


Explicit Finance Cyclically Adjusted PS Ratio Related Terms


Explicit Finance Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Explicit 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.

Explicit Finance Cyclically Adjusted PS Ratio Chart

Explicit Finance 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 0.41 0.37 0.53 0.63 0.86

Explicit Finance 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 0.64 1.21 1.10 0.86 0.76

BOM:530571 vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, Explicit 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.


Explicit Finance Cyclically Adjusted PS Ratio vs Capital Markets Industry

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

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


BOM:530571
49GF Score
Explicit Finance Ltd BOM:530571
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Explicit 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.

Explicit Finance's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.77/12.57
=0.62

* 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.

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

For example, Explicit Finance'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)
=0.5/167.3573*167.3573
=0.500

Current CPI (Jun. 2026) = 167.3573.

Explicit Finance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.475 105.961 2.330
201612 1.214 105.196 1.931
201703 1.810 105.196 2.880
201706 3.103 107.109 4.848
201709 3.064 109.021 4.704
201712 4.045 109.404 6.188
201803 2.995 109.786 4.566
201806 0.934 111.317 1.404
201809 0.160 115.142 0.233
201812 0.287 115.142 0.417
201903 3.482 118.202 4.930
201906 4.111 120.880 5.692
201909 1.088 123.175 1.478
201912 1.051 126.235 1.393
202003 1.494 124.705 2.005
202006 1.070 127.000 1.410
202009 1.776 130.118 2.284
202012 2.466 130.889 3.153
202103 1.800 131.771 2.286
202106 2.997 134.084 3.741
202109 2.738 135.847 3.373
202112 3.967 138.161 4.805
202203 3.165 138.822 3.816
202206 4.580 142.347 5.385
202209 11.243 144.661 13.007
202212 9.040 145.763 10.379
202303 3.774 146.865 4.301
202306 0.470 150.280 0.523
202309 2.786 151.492 3.078
202312 3.671 152.924 4.017
202403 3.030 153.035 3.314
202406 1.493 155.789 1.604
202409 1.919 157.882 2.034
202412 1.328 158.323 1.404
202503 2.441 157.552 2.593
202506 0.989 159.755 1.036
202509 0.908 162.289 0.936
202512 0.966 163.281 0.990
202603 0.727 164.272 0.741
202606 0.500 167.357 0.500

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 0.62 mean?
Explicit Finance (BOM:530571) has a Cyclically Adjusted PS Ratio of 0.62 as of Sep. 13, 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 Explicit Finance and its competitors. This is 41% above median its historical median of 0.44. Over the past decade, Explicit Finance's Cyclically Adjusted PS Ratio has ranged from 0.13 to 1.14. According to the industry distribution chart, Explicit Finance ranks #89 out of 602 companies in the Capital Markets industry, placing it in the top 14.8%.
Is Explicit Finance's Cyclically Adjusted PS Ratio too high?
Explicit Finance's current Cyclically Adjusted PS Ratio of 0.62 is 41% above median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 1.14. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.60. Explicit Finance's value of 0.62 is 82.8% below this industry median. Based on the distribution chart, Explicit Finance ranks #89 out of 602 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Explicit Finance has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Explicit Finance's Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Explicit Finance ranks #89 out of 602 companies for Cyclically Adjusted PS Ratio. This places Explicit Finance in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.60. Explicit Finance's value of 0.62 is 82.8% below this benchmark. Historically, Explicit Finance's own Cyclically Adjusted PS Ratio has ranged from 0.13 to 1.14 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 3.60, Explicit Finance 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 3.60, based on 602 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. Explicit Finance's current Cyclically Adjusted PS Ratio of 0.62 is 82.8% 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 Explicit Finance and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Explicit Finance's current Cyclically Adjusted PS Ratio is 0.62, which is 41% above median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Explicit Finance stock overvalued right now?
Based on GuruFocus' analysis, Explicit Finance (BOM:530571) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2.65, compared to a current price of ₹7.77 — trading 193.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.62, which is 41% above median its 10-year median of 0.44 and 82.8% below the Capital Markets industry median of 3.60. Explicit Finance's overall GF Score™ is 49/100 with 3 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 Explicit Finance (BOM:530571), the current Cyclically Adjusted PS Ratio is 0.62 as of Sep. 13, 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 Explicit Finance (BOM:530571) Overvalued in 2026?

Based on GuruFocus' analysis, Explicit Finance stock appears to be overvalued. The current stock price of ₹7.77 is trading 193.2% above its estimated GF Value™ of ₹2.65. GuruFocus considers Explicit Finance to be Significantly Overvalued.

Key valuation signals for BOM:530571:

  • Cyclically Adjusted PS Ratio: 0.62 (41% above median its 10-year median of 0.44)
  • GF Value™: ₹2.65 vs. price of ₹7.77 (193.2% above fair value)
  • GF Score™: 49/100 with 3 warning signs
  • Industry Position: 82.8% below the Capital Markets median (#89 of 602)

No single metric tells the full story. See the BOM:530571 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Explicit Finance Business Description

Address Sohan Commercial Plaza, Office No. 305, 3rd Floor, Opposite Shivsena Office, Vasai East, Palghar, Thane, MH, IND, 401210
Explicit Finance Ltd is an Indian non-banking financial company engaged in secondary capital market activities (mainly trading and financing), and also provides a wide range of services, including individual and corporate finance, loans against shares and securities, loans against property, and financial consultancy services. The company generates the majority of its revenue from the sale of shares.
49GF Score

Get the complete analysis for BOM:530571

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

₹7.77
Price
₹2.65
GF Value