LKP Securities (NSE:LKPSEC) Cyclically Adjusted PS Ratio: (As of Aug. 21, 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:LKPSEC LKP Securities Ltd NSE:LKPSEC
53 GF Score
Price ₹17.20
GF Value ₹17.71
Valuation Fairly Valued
! 7 Warning Signs
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What is LKP Securities Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


LKP Securities  (NSE:LKPSEC) 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.


LKP Securities Cyclically Adjusted PS Ratio Related Terms


LKP Securities Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for LKP Securities'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.

LKP Securities Cyclically Adjusted PS Ratio Chart

LKP Securities 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 0.00 0.00 0.00 0.00 0.00

LKP Securities 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 1.26

NSE:LKPSEC vs : Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, LKP Securities'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.


LKP Securities Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, LKP Securities's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:LKPSEC
53GF Score
LKP Securities Ltd NSE:LKPSEC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LKP Securities 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.

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

For example, LKP Securities'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)
=2.436/333.9520*333.9520
=2.436

Current CPI (Jun. 2026) = 333.9520.

LKP Securities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 0.000 232.773 0.000
201403 0.000 236.293 0.000
201503 0.000 236.119 0.000
201603 5.725 238.132 8.029
201612 2.043 241.432 2.826
201703 2.209 243.801 3.026
201803 0.000 249.554 0.000
201806 2.308 251.989 3.059
201809 2.713 252.439 3.589
201812 2.195 251.233 2.918
201903 4.262 254.202 5.599
201906 1.980 256.143 2.581
201909 2.174 256.759 2.828
201912 2.271 256.974 2.951
202003 2.625 258.115 3.396
202006 2.212 257.797 2.865
202009 2.880 260.280 3.695
202012 2.456 260.474 3.149
202103 2.816 264.877 3.550
202106 2.781 271.696 3.418
202109 2.849 274.310 3.468
202112 2.612 278.802 3.129
202203 2.988 287.504 3.471
202206 2.181 296.311 2.458
202209 2.596 296.808 2.921
202212 2.330 296.797 2.622
202303 1.982 301.836 2.193
202306 2.112 305.109 2.312
202309 2.442 307.789 2.650
202312 2.555 306.746 2.782
202403 3.018 312.332 3.227
202406 3.079 314.175 3.273
202409 3.382 315.301 3.582
202412 2.333 315.605 2.469
202503 2.088 319.799 2.180
202506 2.742 322.561 2.839
202509 2.612 324.800 2.686
202512 2.418 324.054 2.492
202603 2.420 330.213 2.447
202606 2.436 333.952 2.436

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 LKP Securities (NSE:LKPSEC) Overvalued in 2026?

Based on GuruFocus' analysis, LKP Securities stock appears to be undervalued. The current stock price of ₹17.20 is trading 2.9% below its estimated GF Value™ of ₹17.71. GuruFocus considers LKP Securities to be Fairly Valued.

Key valuation signals for NSE:LKPSEC:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹17.71 vs. price of ₹17.20 (2.9% below fair value)
  • GF Score™: 53/100 with 7 warning signs

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


LKP Securities Business Description

Comparable Companies
Other Exchanges 540192:India
Address Andheri Kurla Road, Nr. Hotel Courtyard Marriott, 2nd floor, Gala Impecca, Chakala, Andheri East, Mumbai, MH, IND, 400059
LKP Securities Ltd is a financial solutions provider. The company is engaged as a stock and securities broker and provides financial services. The entire business activity falls under one segment which is mainly engaged in equity, currency and commodity broking and its related activities. The company provides clients with a range of services, including Equity, Debt Instruments, distribution of mutual funds, and Third party distribution, to its clients; and earns brokerage, fees, commission, and interest income, and others. Geographically It operates only in India.
53GF Score

Get the complete analysis for NSE:LKPSEC

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

₹17.20
Price
₹17.71
GF Value