Ashima (NSE:ASHIMASYN) Cyclically Adjusted PS Ratio: 0.85 (As of Jul. 17, 2026) — 136% Above Median

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NSE:ASHIMASYN Ashima Ltd NSE:ASHIMASYN
44 GF Score
Price ₹14.48
GF Value ₹3.41
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Ashima Cyclically Adjusted PS Ratio?

Ashima NSE:ASHIMASYN +0.07% 44 Cyclically Adjusted PS Ratio is 0.85 as of Jul. 17, 2026, which is 136% above its 10-year median of 0.36. GuruFocus rates NSE:ASHIMASYN with a GF Score™ of 44/100 and a GF Value™ of ₹3.41 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,355 Real Estate companies, Ashima ranks better than 68.86% on this metric.

As of today (2026-07-17), Ashima's current share price is ₹14.48. Ashima's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹17.05. Ashima's Cyclically Adjusted PS Ratio for today is 0.85.

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

NSE:ASHIMASYN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.36   Max: 1.43
Current: 0.85

During the past years, Ashima's highest Cyclically Adjusted PS Ratio was 1.43. The lowest was 0.12. And the median was 0.36.

NSE:ASHIMASYN's Cyclically Adjusted PS Ratio is ranked better than
68.86% of 1355 companies
in the Real Estate industry
Industry Median: 1.85 vs NSE:ASHIMASYN: 0.85

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.

Ashima's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹0.356. 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 ₹17.05 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ashima  (NSE:ASHIMASYN) 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.


Ashima Cyclically Adjusted PS Ratio Related Terms


Ashima Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ashima'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.

Ashima Cyclically Adjusted PS Ratio Chart

Ashima 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 0.27 0.28 0.51 0.67 0.69

Ashima Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.67 1.23 1.03 1.01 0.69

Ashima Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, Ashima'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.


Ashima Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ashima's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:ASHIMASYN
44GF Score
Ashima Ltd NSE:ASHIMASYN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ashima 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.

Ashima's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.48/17.05
=0.85

* 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.

Ashima's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Ashima's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.356/164.2724*164.2724
=0.356

Current CPI (Mar. 2026) = 164.2724.

Ashima Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 12.666 105.961 19.636
201609 3.345 105.961 5.186
201612 3.972 105.196 6.203
201703 3.478 105.196 5.431
201706 4.318 107.109 6.623
201709 3.866 109.021 5.825
201712 5.311 109.404 7.975
201803 4.338 109.786 6.491
201806 5.864 111.317 8.654
201809 4.960 115.142 7.076
201812 5.911 115.142 8.433
201903 8.590 118.202 11.938
201906 6.194 120.880 8.417
201909 5.074 123.175 6.767
201912 6.488 126.235 8.443
202003 4.200 124.705 5.533
202006 0.424 127.000 0.548
202009 1.883 130.118 2.377
202012 2.230 130.889 2.799
202103 0.564 131.771 0.703
202106 1.356 134.084 1.661
202109 3.126 135.847 3.780
202112 3.473 138.161 4.129
202203 2.988 138.822 3.536
202206 3.057 142.347 3.528
202209 3.244 144.661 3.684
202212 2.995 145.763 3.375
202303 1.869 146.865 2.091
202306 2.718 150.280 2.971
202309 0.185 151.492 0.201
202312 0.328 152.924 0.352
202403 4.720 153.035 5.067
202406 0.407 155.789 0.429
202409 0.275 157.882 0.286
202412 0.113 158.323 0.117
202503 0.042 157.552 0.044
202506 0.142 159.755 0.146
202509 0.208 162.289 0.211
202512 0.040 163.281 0.040
202603 0.356 164.272 0.356

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 0.85 mean?
Ashima (NSE:ASHIMASYN) has a Cyclically Adjusted PS Ratio of 0.85 as of Jul. 17, 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 Ashima and its competitors. This is 136% above median its historical median of 0.36. Over the past decade, Ashima's Cyclically Adjusted PS Ratio has ranged from 0.12 to 1.43. According to the industry distribution chart, Ashima ranks #422 out of 1355 companies in the Real Estate industry, placing it in the top 31.1%.
Is Ashima's Cyclically Adjusted PS Ratio too high?
Ashima's current Cyclically Adjusted PS Ratio of 0.85 is 136% above median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 1.43. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.85. Ashima's value of 0.85 is 54.1% below this industry median. Based on the distribution chart, Ashima ranks #422 out of 1355 companies in the Real Estate industry, which is above the industry midpoint. Overall, Ashima has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashima's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Ashima ranks #422 out of 1355 companies for Cyclically Adjusted PS Ratio. This puts Ashima in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.85. Ashima's value of 0.85 is 54.1% below this benchmark. Historically, Ashima's own Cyclically Adjusted PS Ratio has ranged from 0.12 to 1.43 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 1.85, Ashima has consistently been below 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.85, based on 1,355 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. Ashima's current Cyclically Adjusted PS Ratio of 0.85 is 54.1% below 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 Ashima and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashima's current Cyclically Adjusted PS Ratio is 0.85, which is 136% above median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashima stock overvalued right now?
Based on GuruFocus' analysis, Ashima (NSE:ASHIMASYN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3.41, compared to a current price of ₹14.48 — trading 324.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.85, which is 136% above median its 10-year median of 0.36 and 54.1% below the Real Estate industry median of 1.85. Ashima's overall GF Score™ is 44/100 with 4 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 Ashima (NSE:ASHIMASYN), the current Cyclically Adjusted PS Ratio is 0.85 as of Jul. 17, 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 Ashima (NSE:ASHIMASYN) Overvalued in 2026?

Based on GuruFocus' analysis, Ashima stock appears to be overvalued. The current stock price of ₹14.48 is trading 324.6% above its estimated GF Value™ of ₹3.41. GuruFocus considers Ashima to be Significantly Overvalued.

Key valuation signals for NSE:ASHIMASYN:

  • Cyclically Adjusted PS Ratio: 0.85 (136% above median its 10-year median of 0.36)
  • GF Value™: ₹3.41 vs. price of ₹14.48 (324.6% above fair value)
  • GF Score™: 44/100 with 4 warning signs
  • Industry Position: 54.1% below the Real Estate median (#422 of 1355)

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


Ashima Business Description

Other Exchanges 514286:India
Address Texcellence Complex, Near Anupam Cinema, Khokhara Mehmedabad, Ahmedabad, GJ, IND, 380021
Ashima Ltd is engaged in the real estate business and has a subsidiary that is involved in portfolio management activities. The company has two real estate projects in its portfolio: the Swan Lake, which is a plotted development project near Ahmedabad, and a real estate development project of luxurious residential apartments, in the name of The Sovereign, at Thaltej, Ahmedabad, Gujarat. The company's reportable segments are Real Estate, Investment, and Others. Maximum revenue is generated from its Real Estate segment. Geographically, the company operates only in India.
44GF Score

Get the complete analysis for NSE:ASHIMASYN

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

₹14.48
Price
₹3.41
GF Value