Gujarat State Financial (BOM:532160) Cyclically Adjusted PS Ratio: (As of Sep. 01, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:532160 Gujarat State Financial Corp BOM:532160
16 GF Score
Price ₹10.06
! 6 Warning Signs
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What is Gujarat State Financial Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Gujarat State Financial  (BOM:532160) 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.


Gujarat State Financial Cyclically Adjusted PS Ratio Related Terms


Gujarat State Financial Cyclically Adjusted PS Ratio Historical Data

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The historical data trend for Gujarat State Financial'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.

Gujarat State Financial Cyclically Adjusted PS Ratio Chart

Gujarat State Financial 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 6.77 6.60 39.89 26.74 0.00

Gujarat State Financial 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 37.39 38.81 0.00 0.00 0.00

BOM:532160 vs V, MA, AXP: Cyclically Adjusted PS Ratio Comparison

For the Credit Services subindustry, Gujarat State Financial'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.


Gujarat State Financial Cyclically Adjusted PS Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Gujarat State Financial's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Gujarat State Financial's Cyclically Adjusted PS Ratio falls into.


BOM:532160
16GF Score
Gujarat State Financial Corp BOM:532160
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Gujarat State Financial 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.

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

For example, Gujarat State Financial'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)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Gujarat State Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.037 105.961 0.058
201612 0.064 105.196 0.102
201703 0.087 105.196 0.138
201706 0.146 107.109 0.228
201709 0.217 109.021 0.333
201712 0.144 109.404 0.220
201803 0.219 109.786 0.334
201806 0.047 111.317 0.071
201809 -0.034 115.142 -0.049
201812 0.027 115.142 0.039
201903 0.232 118.202 0.328
201906 0.140 120.880 0.194
201909 0.004 123.175 0.005
201912 0.008 126.235 0.011
202003 0.087 124.705 0.117
202006 0.000 127.000 0.000
202009 0.059 130.118 0.076
202012 -0.081 130.889 -0.104
202103 0.070 131.771 0.089
202106 0.060 134.084 0.075
202109 0.018 135.847 0.022
202112 0.006 138.161 0.007
202203 0.011 138.822 0.013
202206 0.013 142.347 0.015
202209 0.010 144.661 0.012
202212 0.033 145.763 0.038
202303 0.005 146.865 0.006
202306 0.341 150.280 0.380
202309 0.109 151.492 0.120
202312 0.002 152.924 0.002
202403 0.070 153.035 0.077
202406 0.059 155.789 0.063
202409 0.038 157.882 0.040
202412 -0.109 158.323 -0.115
202503 0.028 157.552 0.030
202506 0.010 159.755 0.010
202509 0.006 162.289 0.006
202512 0.000 163.281 0.000
202603 0.000 164.272 0.000
202606 0.000 167.357 0.000

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.


Gujarat State Financial Business Description

Address Udyog Bhavan, Block No. 10, 1st Floor, Sector-11, Gandhinagar, GJ, IND, 382 010
Gujarat State Financial Corp is engaged in providing credit services. The company provides medium and long-term credit to small and medium-scale industrial undertakings. The company recognizes income by way of interest, penalty, and other charges after the realization of cheques as intimated by banks. Geographically, the company operates only in the Indian market.
16GF Score

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

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