eMudhra (NSE:EMUDHRA) Cyclically Adjusted PS Ratio: (As of Aug. 22, 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.
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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.

NSE:EMUDHRA eMudhra Ltd NSE:EMUDHRA
84 GF Score
Price ₹540.85
GF Value ₹1,141.09
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is eMudhra Cyclically Adjusted PS Ratio?

eMudhra 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


eMudhra  (NSE:EMUDHRA) 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.


eMudhra Cyclically Adjusted PS Ratio Related Terms


eMudhra Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for eMudhra'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.

eMudhra Cyclically Adjusted PS Ratio Chart

eMudhra Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
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eMudhra 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 0.00 0.00 0.00 0.00 0.00

NSE:EMUDHRA vs QH, SHOP, UBER: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, eMudhra'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.


eMudhra Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, eMudhra's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:EMUDHRA
84GF Score
eMudhra Ltd NSE:EMUDHRA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

eMudhra 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.

eMudhra 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.

Is eMudhra (NSE:EMUDHRA) Overvalued in 2026?

Based on GuruFocus' analysis, eMudhra stock appears to be undervalued. The current stock price of ₹540.85 is trading 52.6% below its estimated GF Value™ of ₹1,141.09. GuruFocus considers eMudhra to be Significantly Undervalued.

Key valuation signals for NSE:EMUDHRA:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹1,141.09 vs. price of ₹540.85 (52.6% below fair value)
  • GF Score™: 84/100 with 2 warning signs

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


eMudhra Business Description

Other Exchanges 543533:India
Address Bangalore It Park Industrial Area, No. 12-P1-A & 12-P1-B, North, Jala Hobli, B K Palaya, Bengaluru, KA, IND, 562149
eMudhra Ltd provides various solutions and services like digital signatures, authentication solutions, paperless office solutions and other solutions around PKI technology. It stands for enabling a digital future with a foundation built on digital identity and trust. The company's products include digital signature certificates, authentication solutions, paperless office solutions, Certifying Authority solutions, solutions for securing data at rest and data in transit, solutions for Internet of Things (IoT), etc.
84GF Score

Get the complete analysis for NSE:EMUDHRA

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

₹540.85
Price
₹1,141.09
GF Value