National Securities Depository (BOM:544467) Cyclically Adjusted PS Ratio: (As of Sep. 08, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:544467 National Securities Depository Ltd BOM:544467
47 GF Score
Price ₹814.20
! 2 Warning Signs
View Full Analysis

What is National Securities Depository Cyclically Adjusted PS Ratio?

National Securities Depository does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Securities Depository  (BOM:544467) 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.


National Securities Depository Cyclically Adjusted PS Ratio Related Terms


National Securities Depository Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for National Securities Depository'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.

National Securities Depository Cyclically Adjusted PS Ratio Chart

National Securities Depository Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

National Securities Depository Quarterly Data
Mar21 Mar22 Mar23 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 0.00 0.00 0.00 0.00 0.00

BOM:544467 vs SPGI, CME, ICE: Cyclically Adjusted PS Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, National Securities Depository'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.


National Securities Depository Cyclically Adjusted PS Ratio vs Capital Markets Industry

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

* The bar in red indicates where National Securities Depository's Cyclically Adjusted PS Ratio falls into.


BOM:544467
47GF Score
National Securities Depository Ltd BOM:544467
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Securities Depository 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.

National Securities Depository does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.


National Securities Depository Business Description

Address G-Block, Plot No. C-32, 301, 3rd Floor, Naman Chambers, Bandra Kurla Complex, Bandra East, Mumbai, MH, IND, 400 051
National Securities Depository Ltd is a SEBI-registered market infrastructure institution (MII) that offers a wide range-of-products and services to the financial and securities markets in India. As a depository, it provides a depository framework that allows market participants to engage in the financial and securities markets in India. It also plays a central role in developing products and services that will continue to meet the growing needs of the financial services industry in India. The company's business is to provide depository services to its clients in India, including various services for investors such as dematerialization, re-materialization, holding, transfer, and pledge of securities in electronic form.
47GF Score

Get the complete analysis for BOM:544467

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

₹814.20
Price