Ashika Global Securities (NSE:ASHIKAG) Cyclically Adjusted PS Ratio: (As of Aug. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:ASHIKAG Ashika Global Securities Ltd NSE:ASHIKAG
57 GF Score
Price ₹428.70
GF Value ₹256.51
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Ashika Global Securities Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ashika Global Securities  (NSE:ASHIKAG) 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.


Ashika Global Securities Cyclically Adjusted PS Ratio Related Terms


Ashika Global Securities Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ashika Global Securities'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.

Ashika Global Securities Cyclically Adjusted PS Ratio Chart

Ashika Global Securities 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 4.60 4.32 7.21 52.56 25.10

Ashika Global Securities 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 34.81 31.65 32.00 25.10 29.26

NSE:ASHIKAG vs : Cyclically Adjusted PS Ratio Comparison

For the Credit Services subindustry, Ashika Global Securities'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.


Ashika Global Securities Cyclically Adjusted PS Ratio vs Credit Services Industry

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

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


NSE:ASHIKAG
57GF Score
Ashika Global Securities Ltd NSE:ASHIKAG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ashika Global Securities 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.

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

For example, Ashika Global Securities'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)
=5.326/333.9520*333.9520
=5.326

Current CPI (Jun. 2026) = 333.9520.

Ashika Global Securities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.352 241.428 0.487
201612 -0.685 241.432 -0.948
201703 0.929 243.801 1.273
201706 1.658 244.955 2.260
201709 3.387 246.819 4.583
201712 3.552 246.524 4.812
201803 3.282 249.554 4.392
201806 4.317 251.989 5.721
201809 5.108 252.439 6.757
201812 3.197 251.233 4.250
201903 2.846 254.202 3.739
201906 2.127 256.143 2.773
201909 1.198 256.759 1.558
201912 1.513 256.974 1.966
202003 1.274 258.115 1.648
202006 1.318 257.797 1.707
202009 1.448 260.280 1.858
202012 1.355 260.474 1.737
202103 1.393 264.877 1.756
202106 1.547 271.696 1.901
202109 1.431 274.310 1.742
202112 1.384 278.802 1.658
202203 1.965 287.504 2.282
202206 1.505 296.311 1.696
202209 1.047 296.808 1.178
202212 0.858 296.797 0.965
202303 6.169 301.836 6.825
202306 0.330 305.109 0.361
202309 0.474 307.789 0.514
202312 0.242 306.746 0.263
202403 12.365 312.332 13.221
202406 0.026 314.175 0.028
202409 0.273 315.301 0.289
202412 0.699 315.605 0.740
202503 12.485 319.799 13.038
202506 7.848 322.561 8.125
202509 1.136 324.800 1.168
202512 1.292 324.054 1.331
202603 9.634 330.213 9.743
202606 5.326 333.952 5.326

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.

Is Ashika Global Securities (NSE:ASHIKAG) Overvalued in 2026?

Based on GuruFocus' analysis, Ashika Global Securities stock appears to be overvalued. The current stock price of ₹428.70 is trading 67.1% above its estimated GF Value™ of ₹256.51. GuruFocus considers Ashika Global Securities to be Significantly Overvalued.

Key valuation signals for NSE:ASHIKAG:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹256.51 vs. price of ₹428.70 (67.1% above fair value)
  • GF Score™: 57/100 with 7 warning signs

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


Ashika Global Securities Business Description

Comparable Companies
Other Exchanges 543766:India
Address Dr. GM Bhosale Marg, Altimus, 35th Floor, Office No 3501, Mumbai, MH, IND, 400018
Ashika Credit Capital Ltd is a non-deposit-taking non-banking financial institution actively engaged in fund-based activities in India including providing loans and advances, inter-corporate deposits, restructuring finance, loans against securities, and investments in shares and securities. It provides services to individuals, corporations, and financial institutions. The company is predominantly engaged in a single reportable segment of Financial Services.
57GF Score

Get the complete analysis for NSE:ASHIKAG

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

₹428.70
Price
₹256.51
GF Value