Embassy Developments (NSE:EMBDL) Cyclically Adjusted PS Ratio: 1.18 (As of Aug. 14, 2026) — Near Median

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NSE:EMBDL Embassy Developments Ltd NSE:EMBDL
56 GF Score
Price ₹62.28
GF Value ₹46.74
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Embassy Developments Cyclically Adjusted PS Ratio?

Embassy Developments NSE:EMBDL +0.52% 56 Cyclically Adjusted PS Ratio is 1.18 as of Aug. 14, 2026, which is 9% below its 10-year median of 1.30. GuruFocus rates NSE:EMBDL with a GF Score™ of 56/100 and a GF Value™ of ₹46.74 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,368 Real Estate companies, Embassy Developments ranks better than 61.77% on this metric.

As of today (2026-08-14), Embassy Developments's current share price is ₹62.28. Embassy Developments's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹52.58. Embassy Developments's Cyclically Adjusted PS Ratio for today is 1.18.

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

NSE:EMBDL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.3   Max: 2.7
Current: 1.18

During the past years, Embassy Developments's highest Cyclically Adjusted PS Ratio was 2.70. The lowest was 0.68. And the median was 1.30.

NSE:EMBDL's Cyclically Adjusted PS Ratio is ranked better than
61.77% of 1368 companies
in the Real Estate industry
Industry Median: 1.79 vs NSE:EMBDL: 1.18

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.

Embassy Developments's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹1.563. 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 ₹52.58 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Embassy Developments  (NSE:EMBDL) 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.


Embassy Developments Cyclically Adjusted PS Ratio Related Terms


Embassy Developments Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Embassy Developments'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.

Embassy Developments Cyclically Adjusted PS Ratio Chart

Embassy Developments 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 1.45 0.70 1.71 1.85 0.72

Embassy Developments 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 2.05 1.57 1.03 0.72 1.18

Embassy Developments Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, Embassy Developments'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.


Embassy Developments Cyclically Adjusted PS Ratio vs Real Estate Industry

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

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


NSE:EMBDL
56GF Score
Embassy Developments Ltd NSE:EMBDL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Embassy Developments 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.

Embassy Developments's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=62.28/52.58
=1.18

* 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.

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

For example, Embassy Developments'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)
=1.563/166.1454*166.1454
=1.563

Current CPI (Jun. 2026) = 166.1454.

Embassy Developments Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 15.105 105.961 23.684
201612 6.326 105.196 9.991
201703 9.801 105.196 15.480
201706 12.603 107.109 19.550
201709 9.929 109.021 15.132
201712 5.246 109.404 7.967
201803 45.389 109.786 68.690
201806 17.116 111.317 25.546
201809 23.024 115.142 33.223
201812 28.064 115.142 40.495
201903 35.722 118.202 50.211
201906 18.503 120.880 25.432
201909 23.972 123.175 32.335
201912 27.047 126.235 35.598
202003 -21.849 124.705 -29.110
202006 1.053 127.000 1.378
202009 0.442 130.118 0.564
202012 15.850 130.889 20.119
202103 16.310 131.771 20.565
202106 10.913 134.084 13.522
202109 7.573 135.847 9.262
202112 7.106 138.161 8.545
202203 5.315 138.822 6.361
202206 2.858 142.347 3.336
202209 3.569 144.661 4.099
202212 2.452 145.763 2.795
202303 -2.287 146.865 -2.587
202306 3.617 150.280 3.999
202309 1.778 151.492 1.950
202312 1.847 152.924 2.007
202403 12.899 153.035 14.004
202406 7.718 155.789 8.231
202409 7.477 157.882 7.868
202412 5.067 158.323 5.317
202503 6.176 157.552 6.513
202506 5.296 159.755 5.508
202509 3.598 162.289 3.683
202512 1.531 163.281 1.558
202603 2.464 164.272 2.492
202606 1.563 166.145 1.563

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 1.18 mean?
Embassy Developments (NSE:EMBDL) has a Cyclically Adjusted PS Ratio of 1.18 as of Aug. 14, 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 Embassy Developments and its competitors. This is near median its historical median of 1.30. Over the past decade, Embassy Developments' Cyclically Adjusted PS Ratio has ranged from 0.68 to 2.70. According to the industry distribution chart, Embassy Developments ranks #523 out of 1368 companies in the Real Estate industry, placing it in the top 38.2%.
Is Embassy Developments' Cyclically Adjusted PS Ratio too high?
Embassy Developments' current Cyclically Adjusted PS Ratio of 1.18 is near median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 2.70. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.79. Embassy Developments' value of 1.18 is 34.1% below this industry median. Based on the distribution chart, Embassy Developments ranks #523 out of 1368 companies in the Real Estate industry, which is above the industry midpoint. Overall, Embassy Developments has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Embassy Developments' Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Embassy Developments ranks #523 out of 1368 companies for Cyclically Adjusted PS Ratio. This puts Embassy Developments in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.79. Embassy Developments' value of 1.18 is 34.1% below this benchmark. Historically, Embassy Developments' own Cyclically Adjusted PS Ratio has ranged from 0.68 to 2.70 over the past decade. While the company's 10-year median is 1.30 vs. the industry median of 1.79, Embassy Developments 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 1.79, based on 1,368 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. Embassy Developments's current Cyclically Adjusted PS Ratio of 1.18 is 34.1% 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 Embassy Developments and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Embassy Developments's current Cyclically Adjusted PS Ratio is 1.18, which is near median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Embassy Developments stock overvalued right now?
Based on GuruFocus' analysis, Embassy Developments (NSE:EMBDL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹46.74, compared to a current price of ₹62.28 — trading 33.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.18, which is near median its 10-year median of 1.30 and 34.1% below the Real Estate industry median of 1.79. Embassy Developments' overall GF Score™ is 56/100 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 Embassy Developments (NSE:EMBDL), the current Cyclically Adjusted PS Ratio is 1.18 as of Aug. 14, 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 Embassy Developments (NSE:EMBDL) Overvalued in 2026?

Based on GuruFocus' analysis, Embassy Developments stock appears to be overvalued. The current stock price of ₹62.28 is trading 33.2% above its estimated GF Value™ of ₹46.74. GuruFocus considers Embassy Developments to be Significantly Overvalued.

Key valuation signals for NSE:EMBDL:

  • Cyclically Adjusted PS Ratio: 1.18 (near median its 10-year median of 1.30)
  • GF Value™: ₹46.74 vs. price of ₹62.28 (33.2% above fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 34.1% below the Real Estate median (#523 of 1368)

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


Embassy Developments Business Description

Other Exchanges 532832:India
Address Senapati Bapat Marg, Elphinstone Road, One World Center, Tower 2A, Unit No - 2, 4th Floor, 401 - 402, Jupiter Textile Mills, Mumbai, MH, IND, 400013
Embassy Developments Ltd is engaged in real estate development, including the purchase, sale, construction, and management of residential, commercial, industrial, and other properties, both movable and immovable, and Special Economic Zone (SEZ) projects across Indian cities, with a strategic focus on Bengaluru, the Mumbai Metropolitan Region (MMR), and the National Capital Region (NCR).
56GF Score

Get the complete analysis for NSE:EMBDL

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

₹62.28
Price
₹46.74
GF Value