Kalyani investment Co (NSE:KICL) Cyclically Adjusted PS Ratio: 39.38 (As of Aug. 12, 2026) — 16% Above Median

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NSE:KICL Kalyani investment Co Ltd NSE:KICL
90 GF Score
Price ₹5,350.00
GF Value ₹4,848.24
Valuation Fairly Valued
! 8 Warning Signs
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What is Kalyani investment Co Cyclically Adjusted PS Ratio?

Kalyani investment Co NSE:KICL -1.36% 90 Cyclically Adjusted PS Ratio is 39.38 as of Aug. 12, 2026, which is 16% above its 10-year median of 34.02. GuruFocus rates NSE:KICL with a GF Score™ of 90/100 and a GF Value™ of ₹4,848.24 (Fairly Valued). The stock has 8 warning signs investors should review. Among 922 Asset Management companies, Kalyani investment Co ranks worse than 95.77% on this metric.

As of today (2026-08-12), Kalyani investment Co's current share price is ₹5350.00. Kalyani investment Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹135.86. Kalyani investment Co's Cyclically Adjusted PS Ratio for today is 39.38.

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

NSE:KICL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 18.07   Med: 34.02   Max: 62.75
Current: 40.67

During the past years, Kalyani investment Co's highest Cyclically Adjusted PS Ratio was 62.75. The lowest was 18.07. And the median was 34.02.

NSE:KICL's Cyclically Adjusted PS Ratio is ranked worse than
95.77% of 922 companies
in the Asset Management industry
Industry Median: 7.91 vs NSE:KICL: 40.67

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.

Kalyani investment Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹36.456. 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 ₹135.86 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kalyani investment Co  (NSE:KICL) 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.


Kalyani investment Co Cyclically Adjusted PS Ratio Related Terms


Kalyani investment Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kalyani investment Co'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.

Kalyani investment Co Cyclically Adjusted PS Ratio Chart

Kalyani investment Co 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 20.06 20.23 35.67 35.09 29.63

Kalyani investment Co 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 35.09 0.00 35.46 37.96 29.63

NSE:KICL vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Kalyani investment Co'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.


Kalyani investment Co Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Kalyani investment Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:KICL
90GF Score
Kalyani investment Co Ltd NSE:KICL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kalyani investment Co 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.

Kalyani investment Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5350.00/135.86
=39.38

* 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.

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

For example, Kalyani investment Co'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)
=36.456/164.2724*164.2724
=36.456

Current CPI (Mar. 2026) = 164.2724.

Kalyani investment Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201509 0.447 101.753 0.722
201512 0.289 102.901 0.461
201603 85.016 102.518 136.227
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201703 0.000 105.196 0.000
201709 40.014 109.021 60.293
201803 0.000 109.786 0.000
201806 0.073 111.317 0.108
201809 36.990 115.142 52.773
201812 36.470 115.142 52.032
201903 0.016 118.202 0.022
201906 3.271 120.880 4.445
201909 36.261 123.175 48.360
201912 21.757 126.235 28.313
202003 29.764 124.705 39.208
202006 0.140 127.000 0.181
202009 0.007 130.118 0.009
202012 0.000 130.889 0.000
202103 -1.768 131.771 -2.204
202106 11.691 134.084 14.323
202109 29.008 135.847 35.078
202112 21.853 138.161 25.983
202203 0.071 138.822 0.084
202206 6.376 142.347 7.358
202209 79.775 144.661 90.590
202212 21.752 145.763 24.514
202303 0.181 146.865 0.202
202306 0.000 150.280 0.000
202309 86.140 151.492 93.407
202312 0.000 152.924 0.000
202403 36.729 153.035 39.426
202406 0.000 155.789 0.000
202409 100.644 157.882 104.718
202412 0.000 158.323 0.000
202503 36.253 157.552 37.799
202506 0.000 159.755 0.000
202509 87.026 162.289 88.089
202512 5.812 163.281 5.847
202603 36.456 164.272 36.456

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 39.38 mean?
Kalyani investment Co (NSE:KICL) has a Cyclically Adjusted PS Ratio of 39.38 as of Aug. 12, 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 Kalyani investment Co and its competitors. This is 16% above median its historical median of 34.02. Over the past decade, Kalyani investment Co's Cyclically Adjusted PS Ratio has ranged from 18.07 to 62.75. According to the industry distribution chart, Kalyani investment Co ranks #883 out of 922 companies in the Asset Management industry, placing it in the top 95.8%.
Is Kalyani investment Co's Cyclically Adjusted PS Ratio too high?
Kalyani investment Co's current Cyclically Adjusted PS Ratio of 39.38 is 16% above median its 10-year median of 34.02. Over the past 10 years, this metric has ranged from a low of 18.07 to a high of 62.75. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.91. Kalyani investment Co's value of 39.38 is 397.9% above this industry median. Based on the distribution chart, Kalyani investment Co ranks #883 out of 922 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Kalyani investment Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kalyani investment Co's Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Kalyani investment Co ranks #883 out of 922 companies for Cyclically Adjusted PS Ratio. This places Kalyani investment Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.91. Kalyani investment Co's value of 39.38 is 397.9% above this benchmark. Historically, Kalyani investment Co's own Cyclically Adjusted PS Ratio has ranged from 18.07 to 62.75 over the past decade. While the company's 10-year median is 34.02 vs. the industry median of 7.91, Kalyani investment Co 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 Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.91, based on 922 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. Kalyani investment Co's current Cyclically Adjusted PS Ratio of 39.38 is 397.9% 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 Kalyani investment Co and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kalyani investment Co's current Cyclically Adjusted PS Ratio is 39.38, which is 16% above median its own 10-year median of 34.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kalyani investment Co stock overvalued right now?
Based on GuruFocus' analysis, Kalyani investment Co (NSE:KICL) is currently considered Fairly Valued. The stock's GF Value™ is ₹4,848.24, compared to a current price of ₹5,350.00 — trading 10.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 39.38, which is 16% above median its 10-year median of 34.02 and 397.9% above the Asset Management industry median of 7.91. Kalyani investment Co's overall GF Score™ is 90/100 with 8 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 Kalyani investment Co (NSE:KICL), the current Cyclically Adjusted PS Ratio is 39.38 as of Aug. 12, 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 Kalyani investment Co (NSE:KICL) Overvalued in 2026?

Based on GuruFocus' analysis, Kalyani investment Co stock appears to be overvalued. The current stock price of ₹5,350.00 is trading 10.3% above its estimated GF Value™ of ₹4,848.24. GuruFocus considers Kalyani investment Co to be Fairly Valued.

Key valuation signals for NSE:KICL:

  • Cyclically Adjusted PS Ratio: 39.38 (16% above median its 10-year median of 34.02)
  • GF Value™: ₹4,848.24 vs. price of ₹5,350.00 (10.3% above fair value)
  • GF Score™: 90/100 with 8 warning signs
  • Industry Position: 397.9% above the Asset Management median (#883 of 922)

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


Kalyani investment Co Business Description

Other Exchanges 533302:India
Address Corporate Building, 2nd Floor, Mundhwa, Pune, MH, IND, 411 036
Kalyani investment Co Ltd is an investment company. It holds investment portfolio consisting of both listed and unlisted companies which are in diversified sectors as forging, power generation, steel, chemical, and banking. The company focuses on earning income through dividends, interest and gains on investment held.
90GF Score

Get the complete analysis for NSE:KICL

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

₹5,350.00
Price
₹4,848.24
GF Value