National Standard (India) (NSE:NATIONSTD) Cyclically Adjusted PS Ratio: (As of Aug. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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:NATIONSTD National Standard (India) Ltd NSE:NATIONSTD
50 GF Score
Price ₹133.66
GF Value ₹3,108.45
Valuation Possible Value Trap
! 4 Warning Signs
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What is National Standard (India) 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


National Standard (India)  (NSE:NATIONSTD) 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.


National Standard (India) Cyclically Adjusted PS Ratio Related Terms


National Standard (India) Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for National Standard (India)'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.

National Standard (India) Cyclically Adjusted PS Ratio Chart

National Standard (India) 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 0.00 114.67 109.91 0.00

National Standard (India) 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 61.88 47.95 0.00 80.19

NSE:NATIONSTD vs : Cyclically Adjusted PS Ratio Comparison

For the Real Estate - Development subindustry, National Standard (India)'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.


National Standard (India) Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, National Standard (India)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where National Standard (India)'s Cyclically Adjusted PS Ratio falls into.


NSE:NATIONSTD
50GF Score
National Standard (India) Ltd NSE:NATIONSTD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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National Standard (India) 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.

National Standard (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, National Standard (India)'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)
=-0.508/333.9520*333.9520
=-0.508

Current CPI (Jun. 2026) = 333.9520.

National Standard (India) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 13.202 241.428 18.261
201612 14.054 241.432 19.440
201703 0.228 243.801 0.312
201706 1.300 244.955 1.772
201709 4.679 246.819 6.331
201712 6.037 246.524 8.178
201803 5.511 249.554 7.375
201806 1.973 251.989 2.615
201809 3.106 252.439 4.109
201812 1.573 251.233 2.091
201903 0.000 254.202 0.000
201906 0.265 256.143 0.345
201909 1.490 256.759 1.938
201912 0.306 256.974 0.398
202003 -0.972 258.115 -1.258
202006 0.198 257.797 0.256
202009 0.116 260.280 0.149
202012 0.194 260.474 0.249
202103 7.259 264.877 9.152
202106 0.188 271.696 0.231
202109 3.429 274.310 4.175
202112 0.013 278.802 0.016
202203 8.593 287.504 9.981
202206 0.523 296.311 0.589
202209 0.542 296.808 0.610
202212 2.902 296.797 3.265
202303 4.662 301.836 5.158
202306 0.227 305.109 0.248
202309 0.259 307.789 0.281
202312 7.413 306.746 8.070
202403 2.689 312.332 2.875
202406 0.013 314.175 0.014
202409 1.900 315.301 2.012
202412 7.871 315.605 8.329
202503 1.404 319.799 1.466
202506 0.000 322.561 0.000
202509 8.633 324.800 8.876
202512 1.587 324.054 1.635
202603 0.000 330.213 0.000
202606 -0.508 333.952 -0.508

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 National Standard (India) (NSE:NATIONSTD) Overvalued in 2026?

Based on GuruFocus' analysis, National Standard (India) stock appears to be undervalued. The current stock price of ₹133.66 is trading 95.7% below its estimated GF Value™ of ₹3,108.45. GuruFocus considers National Standard (India) to be Possible Value Trap.

Key valuation signals for NSE:NATIONSTD:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹3,108.45 vs. price of ₹133.66 (95.7% below fair value)
  • GF Score™: 50/100 with 4 warning signs

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


National Standard (India) Business Description

Comparable Companies
Other Exchanges 504882:India
Address Senapati Bapat Marg, One Lodha Place, Near Lodha World Towers, Mumbai, MH, IND, 400013
National Standard (India) Ltd is engaged in real estate business activities. The company also involves in the construction of housing and the development of infrastructure for its real estate business. Some of its projects include building large residential complexes across India, which includes Lodha Grandezza, and Wagle Estate.
50GF Score

Get the complete analysis for NSE:NATIONSTD

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

₹133.66
Price
₹3,108.45
GF Value