Angel One (BOM:543235) Cyclically Adjusted PS Ratio: 11.09 (As of Sep. 05, 2026) — 10% Below Median

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BOM:543235 Angel One Ltd BOM:543235
93 GF Score
Price ₹298.00
GF Value ₹322.17
Valuation Fairly Valued
! 5 Warning Signs
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What is Angel One Cyclically Adjusted PS Ratio?

Angel One BOM:543235 +4.21% 93 Cyclically Adjusted PS Ratio is 11.09 as of Sep. 05, 2026, which is 10% below its 10-year median of 12.27. GuruFocus rates BOM:543235 with a GF Score™ of 93/100 and a GF Value™ of ₹322.17 (Fairly Valued). The stock has 5 warning signs investors should review. Among 576 Capital Markets companies, Angel One ranks worse than 80.21% on this metric.

As of today (2026-09-05), Angel One's current share price is ₹298.00. Angel One's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was ₹26.86. Angel One's Cyclically Adjusted PS Ratio for today is 11.09.

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

BOM:543235' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.97   Med: 12.27   Max: 14.45
Current: 10.66

During the past 11 years, Angel One's highest Cyclically Adjusted PS Ratio was 14.45. The lowest was 8.97. And the median was 12.27.

BOM:543235's Cyclically Adjusted PS Ratio is ranked worse than
80.21% of 576 companies
in the Capital Markets industry
Industry Median: 3.68 vs BOM:543235: 10.66

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.

Angel One's adjusted revenue per share data of for the fiscal year that ended in Mar26 was ₹46.341. 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 ₹26.86 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Angel One  (BOM:543235) 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.


Angel One Cyclically Adjusted PS Ratio Related Terms


Angel One Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Angel One'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.

Angel One Cyclically Adjusted PS Ratio Chart

Angel One 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 10.39 8.47

Angel One 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 0.00 0.00 8.47 0.00

BOM:543235 vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, Angel One'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.


Angel One Cyclically Adjusted PS Ratio vs Capital Markets Industry

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

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


BOM:543235
93GF Score
Angel One Ltd BOM:543235
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Angel One 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.

Angel One's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=298.00/26.86
=11.09

* 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.

Angel One's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Angel One's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=46.341/164.2724*164.2724
=46.341

Current CPI (Mar26) = 164.2724.

Angel One Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 7.365 105.196 11.501
201803 9.986 109.786 14.942
201903 9.870 118.202 13.717
202003 9.323 124.705 12.281
202103 14.694 131.771 18.318
202203 23.802 138.822 28.166
202303 29.206 146.865 32.668
202403 39.784 153.035 42.705
202503 45.961 157.552 47.922
202603 46.341 164.272 46.341

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 11.09 mean?
Angel One (BOM:543235) has a Cyclically Adjusted PS Ratio of 11.09 as of Sep. 05, 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 Angel One and its competitors. This is 10% below median its historical median of 12.27. Over the past decade, Angel One's Cyclically Adjusted PS Ratio has ranged from 8.97 to 14.45. According to the industry distribution chart, Angel One ranks #462 out of 576 companies in the Capital Markets industry, placing it in the top 80.2%.
Is Angel One's Cyclically Adjusted PS Ratio too high?
Angel One's current Cyclically Adjusted PS Ratio of 11.09 is 10% below median its 10-year median of 12.27. Over the past 10 years, this metric has ranged from a low of 8.97 to a high of 14.45. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.68. Angel One's value of 11.09 is 201.4% above this industry median. Based on the distribution chart, Angel One ranks #462 out of 576 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Angel One has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Angel One's Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Angel One ranks #462 out of 576 companies for Cyclically Adjusted PS Ratio. This places Angel One in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.68. Angel One's value of 11.09 is 201.4% above this benchmark. Historically, Angel One's own Cyclically Adjusted PS Ratio has ranged from 8.97 to 14.45 over the past decade. While the company's 10-year median is 12.27 vs. the industry median of 3.68, Angel One has consistently been above 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 3.68, based on 576 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. Angel One's current Cyclically Adjusted PS Ratio of 11.09 is 201.4% above 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 Angel One and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Angel One's current Cyclically Adjusted PS Ratio is 11.09, which is 10% below median its own 10-year median of 12.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Angel One stock overvalued right now?
Based on GuruFocus' analysis, Angel One (BOM:543235) is currently considered Fairly Valued. The stock's GF Value™ is ₹322.17, compared to a current price of ₹298.00 — trading 7.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 11.09, which is 10% below median its 10-year median of 12.27 and 201.4% above the Capital Markets industry median of 3.68. Angel One's overall GF Score™ is 93/100 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 Angel One (BOM:543235), the current Cyclically Adjusted PS Ratio is 11.09 as of Sep. 05, 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 Angel One (BOM:543235) Overvalued in 2026?

Based on GuruFocus' analysis, Angel One stock appears to be undervalued. The current stock price of ₹298.00 is trading 7.5% below its estimated GF Value™ of ₹322.17. GuruFocus considers Angel One to be Fairly Valued.

Key valuation signals for BOM:543235:

  • Cyclically Adjusted PS Ratio: 11.09 (10% below median its 10-year median of 12.27)
  • GF Value™: ₹322.17 vs. price of ₹298.00 (7.5% below fair value)
  • GF Score™: 93/100 with 5 warning signs
  • Industry Position: 201.4% above the Capital Markets median (#462 of 576)

No single metric tells the full story. See the BOM:543235 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Angel One Business Description

Other Exchanges ANGELONE:India
Address 601, 6th Floor, Ackruti Star, Central Road, MIDC, Andheri (E, Mumbai, MH, IND, 400 093
Angel One Ltd is a technology enabled financial services platform offering a range of investment and financial solutions across capital markets. Through its flagship Angel One platform, accessible across mobile, web and tablet interfaces, the company provides customers with access to capital markets, investment products and wealth creation tools through a single digital interface. The platform leverages technology driven processes, including data analytics and automation, to support scalable service delivery and customer engagement. Its products and services include Trading & Broking, Depository Operations, Research & Advisory, Margin Trading Funding, Third-Party Financial Product Distribution, IPO & Primary Market Access, and Investor Education & Knowledge Platforms.
93GF Score

Get the complete analysis for BOM:543235

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

₹298.00
Price
₹322.17
GF Value