Custodian Investment (NSA:CUSTODIAN) Cyclically Adjusted PS Ratio: 4.50 (As of Sep. 15, 2026) — 208% Above Median

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NSA:CUSTODIAN Custodian Investment PLC NSA:CUSTODIAN
59 GF Score
Price ₦75.00
GF Value ₦30.12
Valuation Significantly Overvalued
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What is Custodian Investment Cyclically Adjusted PS Ratio?

Custodian Investment NSA:CUSTODIAN +7.14% 59 Cyclically Adjusted PS Ratio is 4.50 as of Sep. 15, 2026, which is 208% above its 10-year median of 1.46. GuruFocus rates NSA:CUSTODIAN with a GF Score™ of 59/100 and a GF Value™ of ₦30.12 (Significantly Overvalued). Among 407 Insurance companies, Custodian Investment ranks worse than 89.93% on this metric.

As of today (2026-09-15), Custodian Investment's current share price is ₦75.00. Custodian Investment's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₦16.68. Custodian Investment's Cyclically Adjusted PS Ratio for today is 4.50.

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

NSA:CUSTODIAN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.46   Max: 5.79
Current: 4.2

During the past years, Custodian Investment's highest Cyclically Adjusted PS Ratio was 5.79. The lowest was 0.72. And the median was 1.46.

NSA:CUSTODIAN's Cyclically Adjusted PS Ratio is ranked worse than
89.93% of 407 companies
in the Insurance industry
Industry Median: 1.25 vs NSA:CUSTODIAN: 4.20

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.

Custodian Investment's adjusted revenue per share data for the three months ended in Jun. 2026 was ₦15.496. 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 ₦16.68 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Custodian Investment  (NSA:CUSTODIAN) 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.


Custodian Investment Cyclically Adjusted PS Ratio Related Terms


Custodian Investment Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Custodian Investment'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.

Custodian Investment Cyclically Adjusted PS Ratio Chart

Custodian Investment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.37 0.81 1.00 1.47 2.82

Custodian Investment 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 2.00 2.86 2.89 4.58 3.67

NSA:CUSTODIAN vs BRK.A, AIG, HIG: Cyclically Adjusted PS Ratio Comparison

For the Insurance - Diversified subindustry, Custodian Investment'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.


Custodian Investment Cyclically Adjusted PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Custodian Investment's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSA:CUSTODIAN
59GF Score
Custodian Investment PLC NSA:CUSTODIAN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Custodian Investment 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.

Custodian Investment's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=75.00/16.68
=4.50

* 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.

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

For example, Custodian Investment'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)
=15.496/333.9520*333.9520
=15.496

Current CPI (Jun. 2026) = 333.9520.

Custodian Investment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.161 241.428 1.606
201612 1.416 241.432 1.959
201703 0.808 243.801 1.107
201706 1.470 244.955 2.004
201709 1.477 246.819 1.998
201712 1.343 246.524 1.819
201803 1.272 249.554 1.702
201806 1.382 251.989 1.832
201809 1.494 252.439 1.976
201812 1.633 251.233 2.171
201903 1.721 254.202 2.261
201906 1.891 256.143 2.465
201909 1.890 256.759 2.458
201912 1.861 256.974 2.418
202003 2.110 258.115 2.730
202006 1.894 257.797 2.454
202009 2.760 260.280 3.541
202012 2.620 260.474 3.359
202103 2.624 264.877 3.308
202106 2.860 271.696 3.515
202109 2.846 274.310 3.465
202112 2.422 278.802 2.901
202203 2.889 287.504 3.356
202206 3.324 296.311 3.746
202209 3.504 296.808 3.943
202212 3.422 296.797 3.850
202303 4.633 301.836 5.126
202306 4.897 305.109 5.360
202309 5.186 307.789 5.627
202312 3.429 306.746 3.733
202403 6.961 312.332 7.443
202406 8.057 314.175 8.564
202409 1.445 315.301 1.530
202412 4.635 315.605 4.904
202503 10.958 319.799 11.443
202506 11.320 322.561 11.720
202509 8.234 324.800 8.466
202512 8.246 324.054 8.498
202603 13.680 330.213 13.835
202606 15.496 333.952 15.496

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 4.50 mean?
Custodian Investment (NSA:CUSTODIAN) has a Cyclically Adjusted PS Ratio of 4.50 as of Sep. 15, 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 Custodian Investment and its competitors. This is 208% above median its historical median of 1.46. Over the past decade, Custodian Investment's Cyclically Adjusted PS Ratio has ranged from 0.72 to 5.79. According to the industry distribution chart, Custodian Investment ranks #366 out of 407 companies in the Insurance industry, placing it in the top 89.9%.
Is Custodian Investment's Cyclically Adjusted PS Ratio too high?
Custodian Investment's current Cyclically Adjusted PS Ratio of 4.50 is 208% above median its 10-year median of 1.46. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 5.79. The Insurance industry median Cyclically Adjusted PS Ratio is 1.25. Custodian Investment's value of 4.50 is 260% above this industry median. Based on the distribution chart, Custodian Investment ranks #366 out of 407 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Custodian Investment has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Custodian Investment's Cyclically Adjusted PS Ratio compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Custodian Investment ranks #366 out of 407 companies for Cyclically Adjusted PS Ratio. This places Custodian Investment in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.25. Custodian Investment's value of 4.50 is 260% above this benchmark. Historically, Custodian Investment's own Cyclically Adjusted PS Ratio has ranged from 0.72 to 5.79 over the past decade. While the company's 10-year median is 1.46 vs. the industry median of 1.25, Custodian Investment 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 an Insurance company?
The median Cyclically Adjusted PS Ratio among Insurance companies is 1.25, based on 407 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. Custodian Investment's current Cyclically Adjusted PS Ratio of 4.50 is 260% 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 Custodian Investment and its competitors. For the Insurance industry, the median Cyclically Adjusted PS Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Custodian Investment's current Cyclically Adjusted PS Ratio is 4.50, which is 208% above median its own 10-year median of 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Custodian Investment stock overvalued right now?
Based on GuruFocus' analysis, Custodian Investment (NSA:CUSTODIAN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦30.12, compared to a current price of ₦75.00 — trading 149% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.50, which is 208% above median its 10-year median of 1.46 and 260% above the Insurance industry median of 1.25. Custodian Investment's overall GF Score™ is 59/100. 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 Custodian Investment (NSA:CUSTODIAN), the current Cyclically Adjusted PS Ratio is 4.50 as of Sep. 15, 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 Custodian Investment (NSA:CUSTODIAN) Overvalued in 2026?

Based on GuruFocus' analysis, Custodian Investment stock appears to be overvalued. The current stock price of ₦75.00 is trading 149% above its estimated GF Value™ of ₦30.12. GuruFocus considers Custodian Investment to be Significantly Overvalued.

Key valuation signals for NSA:CUSTODIAN:

  • Cyclically Adjusted PS Ratio: 4.50 (208% above median its 10-year median of 1.46)
  • GF Value™: ₦30.12 vs. price of ₦75.00 (149% above fair value)
  • GF Score™: 59/100
  • Industry Position: 260% above the Insurance median (#366 of 407)

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


Custodian Investment Business Description

Address 16A, Commercial Avenue, Custodian House, P.O. Box 2101, Sabo, Yaba, Lagos, NGA
Custodian Investment PLC is an investment holding company having interests in Life Insurance, General Insurance, Pensions, Trustees, Property and Financial Services Business. Its segments include Property/Casualty Insurance, Life Insurance, Pension Asset Management, Trusteeship/Company Secretary Services, Hospitality, Asset Management, and Property development and management. The majority of the revenue is derived from Property development and management segment.
59GF Score

Get the complete analysis for NSA:CUSTODIAN

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

₦75.00
Price
₦30.12
GF Value