Bank of Baroda (BOM:532134) Cyclically Adjusted PS Ratio: 1.76 (As of Aug. 29, 2026) — Near Median

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BOM:532134 Bank of Baroda BOM:532134
67 GF Score
Price ₹241.50
GF Value ₹263.35
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Bank of Baroda Cyclically Adjusted PS Ratio?

Bank of Baroda BOM:532134 +2.09% 67 Cyclically Adjusted PS Ratio is 1.76 as of Aug. 29, 2026, which is 9% below its 10-year median of 1.94. GuruFocus rates BOM:532134 with a GF Score™ of 67/100 and a GF Value™ of ₹263.35 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,297 Banks companies, Bank of Baroda ranks better than 79.72% on this metric.

As of today (2026-08-29), Bank of Baroda's current share price is ₹241.50. Bank of Baroda's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹137.04. Bank of Baroda's Cyclically Adjusted PS Ratio for today is 1.76.

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

BOM:532134' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.56   Med: 1.94   Max: 2.42
Current: 1.76

During the past years, Bank of Baroda's highest Cyclically Adjusted PS Ratio was 2.42. The lowest was 1.56. And the median was 1.94.

BOM:532134's Cyclically Adjusted PS Ratio is ranked better than
79.72% of 1297 companies
in the Banks industry
Industry Median: 3.41 vs BOM:532134: 1.76

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.

Bank of Baroda's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹38.723. 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 ₹137.04 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Baroda  (BOM:532134) 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.


Bank of Baroda Cyclically Adjusted PS Ratio Related Terms


Bank of Baroda Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bank of Baroda'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.

Bank of Baroda Cyclically Adjusted PS Ratio Chart

Bank of Baroda 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 1.80 1.85

Bank of Baroda 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 1.93 1.97 2.23 1.85 1.99

Bank of Baroda Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Bank of Baroda'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.


Bank of Baroda Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Bank of Baroda's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bank of Baroda's Cyclically Adjusted PS Ratio falls into.


BOM:532134
67GF Score
Bank of Baroda BOM:532134
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bank of Baroda 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.

Bank of Baroda's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=241.50/137.04
=1.76

* 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.

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

For example, Bank of Baroda'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)
=38.723/167.3573*167.3573
=38.723

Current CPI (Jun. 2026) = 167.3573.

Bank of Baroda 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 24.073 105.196 38.298
201803 24.686 109.786 37.631
201806 23.442 111.317 35.244
201809 25.219 115.142 36.655
201812 24.965 115.142 36.286
201903 18.331 118.202 25.954
201906 26.541 120.880 36.746
201909 29.197 123.175 39.670
201912 28.402 126.235 37.654
202003 20.080 124.705 26.948
202006 20.856 127.000 27.483
202009 23.925 130.118 30.772
202012 24.708 130.889 31.592
202103 25.956 131.771 32.966
202106 22.549 134.084 28.145
202109 24.147 135.847 29.748
202112 23.711 138.161 28.722
202203 23.098 138.822 27.846
202206 21.434 142.347 25.200
202209 28.689 144.661 33.190
202212 33.259 145.763 38.186
202303 24.547 146.865 27.972
202306 33.375 150.280 37.168
202309 35.279 151.492 38.974
202312 33.033 152.924 36.151
202403 29.618 153.035 32.390
202406 33.287 155.789 35.759
202409 39.058 157.882 41.402
202412 34.006 158.323 35.946
202503 37.944 157.552 40.306
202506 35.004 159.755 36.670
202509 35.288 162.289 36.390
202512 37.557 163.281 38.495
202603 37.160 164.272 37.858
202606 38.723 167.357 38.723

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 1.76 mean?
Bank of Baroda (BOM:532134) has a Cyclically Adjusted PS Ratio of 1.76 as of Aug. 29, 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 Bank of Baroda and its competitors. This is near median its historical median of 1.94. Over the past decade, Bank of Baroda's Cyclically Adjusted PS Ratio has ranged from 1.56 to 2.42. According to the industry distribution chart, Bank of Baroda ranks #263 out of 1297 companies in the Banks industry, placing it in the top 20.3%.
Is Bank of Baroda's Cyclically Adjusted PS Ratio too high?
Bank of Baroda's current Cyclically Adjusted PS Ratio of 1.76 is near median its 10-year median of 1.94. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 2.42. The Banks industry median Cyclically Adjusted PS Ratio is 3.41. Bank of Baroda's value of 1.76 is 48.4% below this industry median. Based on the distribution chart, Bank of Baroda ranks #263 out of 1297 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Bank of Baroda has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bank of Baroda's Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, Bank of Baroda ranks #263 out of 1297 companies for Cyclically Adjusted PS Ratio. This places Bank of Baroda in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.41. Bank of Baroda's value of 1.76 is 48.4% below this benchmark. Historically, Bank of Baroda's own Cyclically Adjusted PS Ratio has ranged from 1.56 to 2.42 over the past decade. While the company's 10-year median is 1.94 vs. the industry median of 3.41, Bank of Baroda 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 Banks company?
The median Cyclically Adjusted PS Ratio among Banks companies is 3.41, based on 1,297 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. Bank of Baroda's current Cyclically Adjusted PS Ratio of 1.76 is 48.4% 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 Bank of Baroda and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of Baroda's current Cyclically Adjusted PS Ratio is 1.76, which is near median its own 10-year median of 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Baroda stock overvalued right now?
Based on GuruFocus' analysis, Bank of Baroda (BOM:532134) is currently considered Fairly Valued. The stock's GF Value™ is ₹263.35, compared to a current price of ₹241.50 — trading 8.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.76, which is near median its 10-year median of 1.94 and 48.4% below the Banks industry median of 3.41. Bank of Baroda's overall GF Score™ is 67/100 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 Bank of Baroda (BOM:532134), the current Cyclically Adjusted PS Ratio is 1.76 as of Aug. 29, 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 Bank of Baroda (BOM:532134) Overvalued in 2026?

Based on GuruFocus' analysis, Bank of Baroda stock appears to be undervalued. The current stock price of ₹241.50 is trading 8.3% below its estimated GF Value™ of ₹263.35. GuruFocus considers Bank of Baroda to be Fairly Valued.

Key valuation signals for BOM:532134:

  • Cyclically Adjusted PS Ratio: 1.76 (near median its 10-year median of 1.94)
  • GF Value™: ₹263.35 vs. price of ₹241.50 (8.3% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 48.4% below the Banks median (#263 of 1297)

No single metric tells the full story. See the BOM:532134 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bank of Baroda Business Description

Other Exchanges BANKBARODA:India
Address RC Dutt Road, 7th Floor, Baroda Bhavan, Alkapuri, Vadodara, GJ, IND, 390007
Bank of Baroda is a state-owned banking and financial services company in India. It has four segments Treasury includes the entire investment portfolio and trading in foreign exchange contracts and derivative contracts; Corporate / Wholesale Banking comprises all the lending activities which are not included under Retail Banking; Retail Banking comprises of borrower accounts having exposure of upto 7.5 Crores. Digital Banking sub segment under retail segment represents balances of Digital Banking Units functioning in the bank as per RBI directive; and Other Banking Operations Segments. The bank generates majority of income from Retail Banking. It has presence in Domestic and International both of which majority of incomes is from Domestic.
67GF Score

Get the complete analysis for BOM:532134

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

₹241.50
Price
₹263.35
GF Value