Nahar Capital & Financial Services (NSE:NAHARCAP) Cyclically Adjusted PS Ratio: 16.37 (As of Aug. 15, 2026) — 14% Below Median

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NSE:NAHARCAP Nahar Capital & Financial Services Ltd NSE:NAHARCAP
78 GF Score
Price ₹256.06
GF Value ₹323.96
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Nahar Capital & Financial Services Cyclically Adjusted PS Ratio?

Nahar Capital & Financial Services NSE:NAHARCAP -0.64% 78 Cyclically Adjusted PS Ratio is 16.37 as of Aug. 15, 2026, which is 14% below its 10-year median of 18.97. GuruFocus rates NSE:NAHARCAP with a GF Score™ of 78/100 and a GF Value™ of ₹323.96 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 603 Capital Markets companies, Nahar Capital & Financial Services ranks worse than 89.88% on this metric.

As of today (2026-08-15), Nahar Capital & Financial Services's current share price is ₹256.06. Nahar Capital & Financial Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹15.64. Nahar Capital & Financial Services's Cyclically Adjusted PS Ratio for today is 16.37.

The historical rank and industry rank for Nahar Capital & Financial Services's Cyclically Adjusted PS Ratio or its related term are showing as below:

NSE:NAHARCAP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 13.64   Med: 18.97   Max: 25.15
Current: 16.58

During the past years, Nahar Capital & Financial Services's highest Cyclically Adjusted PS Ratio was 25.15. The lowest was 13.64. And the median was 18.97.

NSE:NAHARCAP's Cyclically Adjusted PS Ratio is ranked worse than
89.88% of 603 companies
in the Capital Markets industry
Industry Median: 3.47 vs NSE:NAHARCAP: 16.58

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.

Nahar Capital & Financial Services's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹3.776. 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 ₹15.64 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nahar Capital & Financial Services  (NSE:NAHARCAP) 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.


Nahar Capital & Financial Services Cyclically Adjusted PS Ratio Related Terms


Nahar Capital & Financial Services Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nahar Capital & Financial Services'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.

Nahar Capital & Financial Services Cyclically Adjusted PS Ratio Chart

Nahar Capital & Financial Services 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 16.93 18.06 13.79 13.00

Nahar Capital & Financial Services 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 20.56 16.51 17.00 13.00 15.97

NSE:NAHARCAP vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, Nahar Capital & Financial Services'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.


Nahar Capital & Financial Services Cyclically Adjusted PS Ratio vs Capital Markets Industry

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

* The bar in red indicates where Nahar Capital & Financial Services's Cyclically Adjusted PS Ratio falls into.


NSE:NAHARCAP
78GF Score
Nahar Capital & Financial Services Ltd NSE:NAHARCAP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nahar Capital & Financial Services 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.

Nahar Capital & Financial Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=256.06/15.64
=16.37

* 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.

Nahar Capital & Financial Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Nahar Capital & Financial Services'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)
=3.776/166.1454*166.1454
=3.776

Current CPI (Jun. 2026) = 166.1454.

Nahar Capital & Financial Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 1.037 96.780 1.780
201503 9.787 97.163 16.735
201506 0.131 99.841 0.218
201509 0.536 101.753 0.875
201512 0.081 102.901 0.131
201603 9.960 102.518 16.142
201606 0.400 105.961 0.627
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201812 1.564 115.142 2.257
201903 1.327 118.202 1.865
201906 1.336 120.880 1.836
201909 3.038 123.175 4.098
201912 1.922 126.235 2.530
202003 1.260 124.705 1.679
202006 1.391 127.000 1.820
202009 2.374 130.118 3.031
202012 2.019 130.889 2.563
202103 3.472 131.771 4.378
202106 2.121 134.084 2.628
202109 3.852 135.847 4.711
202112 3.605 138.161 4.335
202203 5.853 138.822 7.005
202206 1.579 142.347 1.843
202209 3.896 144.661 4.475
202212 2.546 145.763 2.902
202303 6.313 146.865 7.142
202306 2.662 150.280 2.943
202309 4.565 151.492 5.007
202312 2.531 152.924 2.750
202403 3.683 153.035 3.999
202406 2.845 155.789 3.034
202409 5.762 157.882 6.064
202412 2.927 158.323 3.072
202503 3.237 157.552 3.414
202506 2.615 159.755 2.720
202509 5.684 162.289 5.819
202512 2.845 163.281 2.895
202603 4.707 164.272 4.761
202606 3.776 166.145 3.776

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 16.37 mean?
Nahar Capital & Financial Services (NSE:NAHARCAP) has a Cyclically Adjusted PS Ratio of 16.37 as of Aug. 15, 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 Nahar Capital & Financial Services and its competitors. This is 14% below median its historical median of 18.97. Over the past decade, Nahar Capital & Financial Services' Cyclically Adjusted PS Ratio has ranged from 13.64 to 25.15. According to the industry distribution chart, Nahar Capital & Financial Services ranks #542 out of 603 companies in the Capital Markets industry, placing it in the top 89.9%.
Is Nahar Capital & Financial Services' Cyclically Adjusted PS Ratio too high?
Nahar Capital & Financial Services' current Cyclically Adjusted PS Ratio of 16.37 is 14% below median its 10-year median of 18.97. Over the past 10 years, this metric has ranged from a low of 13.64 to a high of 25.15. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.47. Nahar Capital & Financial Services' value of 16.37 is 371.8% above this industry median. Based on the distribution chart, Nahar Capital & Financial Services ranks #542 out of 603 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Nahar Capital & Financial Services has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nahar Capital & Financial Services' Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Nahar Capital & Financial Services ranks #542 out of 603 companies for Cyclically Adjusted PS Ratio. This places Nahar Capital & Financial Services in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.47. Nahar Capital & Financial Services' value of 16.37 is 371.8% above this benchmark. Historically, Nahar Capital & Financial Services' own Cyclically Adjusted PS Ratio has ranged from 13.64 to 25.15 over the past decade. While the company's 10-year median is 18.97 vs. the industry median of 3.47, Nahar Capital & Financial Services 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 a Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.47, based on 603 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. Nahar Capital & Financial Services's current Cyclically Adjusted PS Ratio of 16.37 is 371.8% 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 Nahar Capital & Financial Services and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nahar Capital & Financial Services's current Cyclically Adjusted PS Ratio is 16.37, which is 14% below median its own 10-year median of 18.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nahar Capital & Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Nahar Capital & Financial Services (NSE:NAHARCAP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹323.96, compared to a current price of ₹256.06 — trading 21% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 16.37, which is 14% below median its 10-year median of 18.97 and 371.8% above the Capital Markets industry median of 3.47. Nahar Capital & Financial Services' overall GF Score™ is 78/100 with 7 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 Nahar Capital & Financial Services (NSE:NAHARCAP), the current Cyclically Adjusted PS Ratio is 16.37 as of Aug. 15, 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 Nahar Capital & Financial Services (NSE:NAHARCAP) Overvalued in 2026?

Based on GuruFocus' analysis, Nahar Capital & Financial Services stock appears to be undervalued. The current stock price of ₹256.06 is trading 21% below its estimated GF Value™ of ₹323.96. GuruFocus considers Nahar Capital & Financial Services to be Modestly Undervalued.

Key valuation signals for NSE:NAHARCAP:

  • Cyclically Adjusted PS Ratio: 16.37 (14% below median its 10-year median of 18.97)
  • GF Value™: ₹323.96 vs. price of ₹256.06 (21% below fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 371.8% above the Capital Markets median (#542 of 603)

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


Nahar Capital & Financial Services Business Description

Other Exchanges 532952:India
Address 375, Industrial Area - A, Nahar Tower, Ludhiana, PB, IND, 141003
Nahar Capital & Financial Services Ltd is a non-deposit non-banking financial service (NBFC) company. It is engaged in investment and financial activities. The company's segment includes Investment/Financial activity and Real estate activity. It generates maximum revenue from the Investment/Financial activity segment, which consists of Long Term investment and Strategic Investments, and Short Term Investment activities. The Company also makes investments in equity and debt securities, both in Primary and Secondary Markets, directly as well as through Mutual Funds, Portfolio Management Services, Alternative Investment Funds, etc.
78GF Score

Get the complete analysis for NSE:NAHARCAP

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

₹256.06
Price
₹323.96
GF Value