Joindre Capital Services (BOM:531861) Cyclically Adjusted PS Ratio: 2.42 (As of Sep. 06, 2026) — Near Median

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BOM:531861 Joindre Capital Services Ltd BOM:531861
70 GF Score
Price ₹49.87
GF Value ₹45.38
Valuation Fairly Valued
! 4 Warning Signs
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What is Joindre Capital Services Cyclically Adjusted PS Ratio?

Joindre Capital Services BOM:531861 +1.82% 70 Cyclically Adjusted PS Ratio is 2.42 as of Sep. 06, 2026, which is 1% above its 10-year median of 2.40. GuruFocus rates BOM:531861 with a GF Score™ of 70/100 and a GF Value™ of ₹45.38 (Fairly Valued). The stock has 4 warning signs investors should review. Among 598 Capital Markets companies, Joindre Capital Services ranks better than 61.37% on this metric.

As of today (2026-09-06), Joindre Capital Services's current share price is ₹49.87. Joindre Capital Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹20.61. Joindre Capital Services's Cyclically Adjusted PS Ratio for today is 2.42.

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

BOM:531861' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.01   Med: 2.4   Max: 2.66
Current: 2.42

During the past years, Joindre Capital Services's highest Cyclically Adjusted PS Ratio was 2.66. The lowest was 2.01. And the median was 2.40.

BOM:531861's Cyclically Adjusted PS Ratio is ranked better than
61.37% of 598 companies
in the Capital Markets industry
Industry Median: 3.64 vs BOM:531861: 2.42

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.

Joindre Capital Services's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹5.184. 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 ₹20.61 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Joindre Capital Services  (BOM:531861) 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.


Joindre Capital Services Cyclically Adjusted PS Ratio Related Terms


Joindre Capital Services Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Joindre Capital Services'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.

Joindre Capital Services Cyclically Adjusted PS Ratio Chart

Joindre Capital Services 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 2.00

Joindre Capital Services 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 2.64 2.40 2.00 2.32

BOM:531861 vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, Joindre Capital Services'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.


Joindre Capital Services Cyclically Adjusted PS Ratio vs Capital Markets Industry

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

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


BOM:531861
70GF Score
Joindre Capital Services Ltd BOM:531861
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Joindre Capital Services 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=49.87/20.61
=2.42

* 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.

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

For example, Joindre Capital Services'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)
=5.184/167.3573*167.3573
=5.184

Current CPI (Jun. 2026) = 167.3573.

Joindre Capital Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
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
201806 3.447 111.317 5.182
201809 3.750 115.142 5.451
201812 2.986 115.142 4.340
201903 1.765 118.202 2.499
201906 2.626 120.880 3.636
201909 2.409 123.175 3.273
201912 2.719 126.235 3.605
202003 3.075 124.705 4.127
202006 3.132 127.000 4.127
202009 4.168 130.118 5.361
202012 3.501 130.889 4.476
202103 4.444 131.771 5.644
202106 5.224 134.084 6.520
202109 5.165 135.847 6.363
202112 5.235 138.161 6.341
202203 4.998 138.822 6.025
202206 3.736 142.347 4.392
202209 4.218 144.661 4.880
202212 4.001 145.763 4.594
202303 3.324 146.865 3.788
202306 3.608 150.280 4.018
202309 5.600 151.492 6.186
202312 5.857 152.924 6.410
202403 7.191 153.035 7.864
202406 6.733 155.789 7.233
202409 7.750 157.882 8.215
202412 5.314 158.323 5.617
202503 4.510 157.552 4.791
202506 4.972 159.755 5.209
202509 4.928 162.289 5.082
202512 4.638 163.281 4.754
202603 4.734 164.272 4.823
202606 5.184 167.357 5.184

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 2.42 mean?
Joindre Capital Services (BOM:531861) has a Cyclically Adjusted PS Ratio of 2.42 as of Sep. 06, 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 Joindre Capital Services and its competitors. This is near median its historical median of 2.40. Over the past decade, Joindre Capital Services' Cyclically Adjusted PS Ratio has ranged from 2.01 to 2.66. According to the industry distribution chart, Joindre Capital Services ranks #231 out of 598 companies in the Capital Markets industry, placing it in the top 38.6%.
Is Joindre Capital Services' Cyclically Adjusted PS Ratio too high?
Joindre Capital Services' current Cyclically Adjusted PS Ratio of 2.42 is near median its 10-year median of 2.40. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 2.66. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.64. Joindre Capital Services' value of 2.42 is 33.5% below this industry median. Based on the distribution chart, Joindre Capital Services ranks #231 out of 598 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Joindre Capital Services has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Joindre Capital Services' Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Joindre Capital Services ranks #231 out of 598 companies for Cyclically Adjusted PS Ratio. This puts Joindre Capital Services in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.64. Joindre Capital Services' value of 2.42 is 33.5% below this benchmark. Historically, Joindre Capital Services' own Cyclically Adjusted PS Ratio has ranged from 2.01 to 2.66 over the past decade. While the company's 10-year median is 2.40 vs. the industry median of 3.64, Joindre Capital Services 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 3.64, based on 598 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. Joindre Capital Services's current Cyclically Adjusted PS Ratio of 2.42 is 33.5% 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 Joindre Capital Services and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joindre Capital Services's current Cyclically Adjusted PS Ratio is 2.42, which is near median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joindre Capital Services stock overvalued right now?
Based on GuruFocus' analysis, Joindre Capital Services (BOM:531861) is currently considered Fairly Valued. The stock's GF Value™ is ₹45.38, compared to a current price of ₹49.87 — trading 9.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.42, which is near median its 10-year median of 2.40 and 33.5% below the Capital Markets industry median of 3.64. Joindre Capital Services' overall GF Score™ is 70/100 with 4 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 Joindre Capital Services (BOM:531861), the current Cyclically Adjusted PS Ratio is 2.42 as of Sep. 06, 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 Joindre Capital Services (BOM:531861) Overvalued in 2026?

Based on GuruFocus' analysis, Joindre Capital Services stock appears to be overvalued. The current stock price of ₹49.87 is trading 9.9% above its estimated GF Value™ of ₹45.38. GuruFocus considers Joindre Capital Services to be Fairly Valued.

Key valuation signals for BOM:531861:

  • Cyclically Adjusted PS Ratio: 2.42 (near median its 10-year median of 2.40)
  • GF Value™: ₹45.38 vs. price of ₹49.87 (9.9% above fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 33.5% below the Capital Markets median (#231 of 598)

No single metric tells the full story. See the BOM:531861 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Joindre Capital Services Business Description

Address Homi Modi Street, 9/15 Bansilal Building, Office No. 29-32, 3rd Floor, Fort, Mumbai, MH, IND, 400023
Joindre Capital Services Ltd is engaged in the capital market business sector. The company provides various services like retail investment, institutional broking, mutual fund, derivatives, initial public offerings, internet trading, research, and others. The company has one business segment that is stock broking business and allied activities.
70GF Score

Get the complete analysis for BOM:531861

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

₹49.87
Price
₹45.38
GF Value