Nippon Life India Asset Management (NSE:NAM-INDIA) Cyclically Adjusted PS Ratio: 38.50 (As of Aug. 21, 2026) — 28% Above Median

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NSE:NAM-INDIA Nippon Life India Asset Management Ltd NSE:NAM-INDIA
91 GF Score
Price ₹1,232.50
GF Value ₹1,047.02
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Nippon Life India Asset Management Cyclically Adjusted PS Ratio?

Nippon Life India Asset Management NSE:NAM-INDIA +1.27% 91 Cyclically Adjusted PS Ratio is 38.50 as of Aug. 21, 2026, which is 28% above its 10-year median of 30.14. GuruFocus rates NSE:NAM-INDIA with a GF Score™ of 91/100 and a GF Value™ of ₹1,047.02 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 921 Asset Management companies, Nippon Life India Asset Management ranks worse than 95.44% on this metric.

As of today (2026-08-21), Nippon Life India Asset Management's current share price is ₹1232.50. Nippon Life India Asset Management's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹32.01. Nippon Life India Asset Management's Cyclically Adjusted PS Ratio for today is 38.50.

The historical rank and industry rank for Nippon Life India Asset Management's Cyclically Adjusted PS Ratio or its related term are showing as below:

NSE:NAM-INDIA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 26.57   Med: 30.14   Max: 38.02
Current: 36.38

During the past years, Nippon Life India Asset Management's highest Cyclically Adjusted PS Ratio was 38.02. The lowest was 26.57. And the median was 30.14.

NSE:NAM-INDIA's Cyclically Adjusted PS Ratio is ranked worse than
95.44% of 921 companies
in the Asset Management industry
Industry Median: 7.83 vs NSE:NAM-INDIA: 36.38

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.

Nippon Life India Asset Management's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹11.799. 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 ₹32.01 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Life India Asset Management  (NSE:NAM-INDIA) 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.


Nippon Life India Asset Management Cyclically Adjusted PS Ratio Related Terms


Nippon Life India Asset Management Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nippon Life India Asset Management'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.

Nippon Life India Asset Management Cyclically Adjusted PS Ratio Chart

Nippon Life India Asset Management 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 25.73

Nippon Life India Asset Management 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 28.81 28.68 25.73 36.30

NSE:NAM-INDIA vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Nippon Life India Asset Management'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.


Nippon Life India Asset Management Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nippon Life India Asset Management's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Nippon Life India Asset Management's Cyclically Adjusted PS Ratio falls into.


NSE:NAM-INDIA
91GF Score
Nippon Life India Asset Management Ltd NSE:NAM-INDIA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Life India Asset Management 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.

Nippon Life India Asset Management's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1232.50/32.01
=38.50

* 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.

Nippon Life India Asset Management's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Nippon Life India Asset Management'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)
=11.799/167.3573*167.3573
=11.799

Current CPI (Jun. 2026) = 167.3573.

Nippon Life India Asset Management Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.000 102.518 0.000
201612 5.571 105.196 8.863
201703 6.208 105.196 9.876
201706 5.954 107.109 9.303
201709 6.570 109.021 10.086
201712 6.498 109.404 9.940
201803 7.903 109.786 12.047
201806 6.429 111.317 9.666
201809 6.391 115.142 9.289
201812 5.718 115.142 8.311
201903 5.621 118.202 7.959
201906 5.315 120.880 7.359
201909 4.916 123.175 6.679
201912 4.852 126.235 6.433
202003 4.370 124.705 5.865
202006 3.773 127.000 4.972
202009 4.168 130.118 5.361
202012 4.307 130.889 5.507
202103 4.766 131.771 6.053
202106 4.812 134.084 6.006
202109 5.170 135.847 6.369
202112 5.329 138.161 6.455
202203 5.452 138.822 6.573
202206 5.043 142.347 5.929
202209 5.278 144.661 6.106
202212 5.639 145.763 6.474
202303 5.586 146.865 6.365
202306 5.664 150.280 6.308
202309 6.359 151.492 7.025
202312 6.671 152.924 7.301
202403 7.358 153.035 8.047
202406 7.871 155.789 8.455
202409 8.884 157.882 9.417
202412 9.116 158.323 9.636
202503 8.823 157.552 9.372
202506 9.387 159.755 9.834
202509 10.159 162.289 10.476
202512 10.861 163.281 11.132
202603 11.387 164.272 11.601
202606 11.799 167.357 11.799

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 38.50 mean?
Nippon Life India Asset Management (NSE:NAM-INDIA) has a Cyclically Adjusted PS Ratio of 38.50 as of Aug. 21, 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 Nippon Life India Asset Management and its competitors. This is 28% above median its historical median of 30.14. Over the past decade, Nippon Life India Asset Management's Cyclically Adjusted PS Ratio has ranged from 26.57 to 38.02. According to the industry distribution chart, Nippon Life India Asset Management ranks #879 out of 921 companies in the Asset Management industry, placing it in the top 95.4%.
Is Nippon Life India Asset Management's Cyclically Adjusted PS Ratio too high?
Nippon Life India Asset Management's current Cyclically Adjusted PS Ratio of 38.50 is 28% above median its 10-year median of 30.14. Over the past 10 years, this metric has ranged from a low of 26.57 to a high of 38.02. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.83. Nippon Life India Asset Management's value of 38.50 is 391.7% above this industry median. Based on the distribution chart, Nippon Life India Asset Management ranks #879 out of 921 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Nippon Life India Asset Management has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Life India Asset Management's Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Nippon Life India Asset Management ranks #879 out of 921 companies for Cyclically Adjusted PS Ratio. This places Nippon Life India Asset Management in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.83. Nippon Life India Asset Management's value of 38.50 is 391.7% above this benchmark. Historically, Nippon Life India Asset Management's own Cyclically Adjusted PS Ratio has ranged from 26.57 to 38.02 over the past decade. While the company's 10-year median is 30.14 vs. the industry median of 7.83, Nippon Life India Asset Management 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 7.83, based on 921 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. Nippon Life India Asset Management's current Cyclically Adjusted PS Ratio of 38.50 is 391.7% 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 Nippon Life India Asset Management and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Life India Asset Management's current Cyclically Adjusted PS Ratio is 38.50, which is 28% above median its own 10-year median of 30.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Life India Asset Management stock overvalued right now?
Based on GuruFocus' analysis, Nippon Life India Asset Management (NSE:NAM-INDIA) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,047.02, compared to a current price of ₹1,232.50 — trading 17.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 38.50, which is 28% above median its 10-year median of 30.14 and 391.7% above the Asset Management industry median of 7.83. Nippon Life India Asset Management's overall GF Score™ is 91/100 with 6 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 Nippon Life India Asset Management (NSE:NAM-INDIA), the current Cyclically Adjusted PS Ratio is 38.50 as of Aug. 21, 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 Nippon Life India Asset Management (NSE:NAM-INDIA) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Life India Asset Management stock appears to be overvalued. The current stock price of ₹1,232.50 is trading 17.7% above its estimated GF Value™ of ₹1,047.02. GuruFocus considers Nippon Life India Asset Management to be Modestly Overvalued.

Key valuation signals for NSE:NAM-INDIA:

  • Cyclically Adjusted PS Ratio: 38.50 (28% above median its 10-year median of 30.14)
  • GF Value™: ₹1,047.02 vs. price of ₹1,232.50 (17.7% above fair value)
  • GF Score™: 91/100 with 6 warning signs
  • Industry Position: 391.7% above the Asset Management median (#879 of 921)

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


Nippon Life India Asset Management Business Description

Other Exchanges 540767:India
Address Senapati Bapat Marg, 30th Floor, One Lodha Place, Lower Parel, Mumbai, MH, IND, 400013
Nippon Life India Asset Management Ltd principal activity is to act as an investment manager to Nippon India Mutual Fund. The Company is in the business of providing asset management services to the schemes of Nippon India Mutual Fund, funds launched in GIFT city, portfolio management service, and advisory service to the clients/schemes. The primary segment is identified as asset management services. The company's products are Equity Funds, Debt Funds, Index Funds, Hybrid Funds, Gold Funds, Liquid Funds, Retirement Funds, ETF, NFO/FFO, etc.
91GF Score

Get the complete analysis for NSE:NAM-INDIA

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

₹1,232.50
Price
₹1,047.02
GF Value