Kalyani investment Co (NSE:KICL) 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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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:KICL Kalyani investment Co Ltd NSE:KICL
88 GF Score
Price ₹5,222.50
GF Value ₹4,952.43
Valuation Fairly Valued
! 6 Warning Signs
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What is Kalyani investment Co Cyclically Adjusted PS Ratio?

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
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 35.46 37.96 29.63 0.00

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
88GF Score
Kalyani investment Co Ltd NSE:KICL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Kalyani investment Co'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)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Kalyani investment Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.289 102.901 0.470
201603 85.016 102.518 138.785
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 61.425
201803 0.000 109.786 0.000
201806 0.073 111.317 0.110
201809 36.990 115.142 53.764
201812 36.470 115.142 53.009
201903 0.016 118.202 0.023
201906 3.271 120.880 4.529
201909 36.261 123.175 49.268
201912 21.757 126.235 28.844
202003 29.764 124.705 39.944
202006 0.140 127.000 0.184
202009 0.007 130.118 0.009
202012 0.000 130.889 0.000
202103 -1.768 131.771 -2.245
202106 11.691 134.084 14.592
202109 29.008 135.847 35.737
202112 21.853 138.161 26.471
202203 0.071 138.822 0.086
202206 6.376 142.347 7.496
202209 79.775 144.661 92.291
202212 21.752 145.763 24.975
202303 0.181 146.865 0.206
202306 0.000 150.280 0.000
202309 86.140 151.492 95.161
202312 0.000 152.924 0.000
202403 36.729 153.035 40.167
202406 0.000 155.789 0.000
202409 100.644 157.882 106.684
202412 0.000 158.323 0.000
202503 36.253 157.552 38.509
202506 0.000 159.755 0.000
202509 87.026 162.289 89.744
202512 5.812 163.281 5.957
202603 36.456 164.272 37.141
202606 0.000 167.357 0.000

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 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 ₹5,222.50 is trading 5.5% above its estimated GF Value™ of ₹4,952.43. GuruFocus considers Kalyani investment Co to be Fairly Valued.

Key valuation signals for NSE:KICL:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹4,952.43 vs. price of ₹5,222.50 (5.5% above fair value)
  • GF Score™: 88/100 with 6 warning signs

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.
88GF 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.

₹5,222.50
Price
₹4,952.43
GF Value