North Eastern Carrying (NSE:NECCLTD) Cyclically Adjusted PS Ratio: 0.23 (As of Aug. 31, 2026) — Near Median

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NSE:NECCLTD North Eastern Carrying Corp Ltd NSE:NECCLTD
72 GF Score
Price ₹16.27
GF Value ₹19.37
Valuation Modestly Undervalued
! 4 Warning Signs
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What is North Eastern Carrying Cyclically Adjusted PS Ratio?

North Eastern Carrying NSE:NECCLTD -3.78% 72 Cyclically Adjusted PS Ratio is 0.23 as of Aug. 31, 2026, which is 5% above its 10-year median of 0.22. GuruFocus rates NSE:NECCLTD with a GF Score™ of 72/100 and a GF Value™ of ₹19.37 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 763 Transportation companies, North Eastern Carrying ranks better than 85.71% on this metric.

As of today (2026-08-31), North Eastern Carrying's current share price is ₹16.27. North Eastern Carrying's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹71.60. North Eastern Carrying's Cyclically Adjusted PS Ratio for today is 0.23.

The historical rank and industry rank for North Eastern Carrying's Cyclically Adjusted PS Ratio or its related term are showing as below:

NSE:NECCLTD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.22   Max: 0.43
Current: 0.23

During the past years, North Eastern Carrying's highest Cyclically Adjusted PS Ratio was 0.43. The lowest was 0.05. And the median was 0.22.

NSE:NECCLTD's Cyclically Adjusted PS Ratio is ranked better than
85.71% of 763 companies
in the Transportation industry
Industry Median: 0.93 vs NSE:NECCLTD: 0.23

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.

North Eastern Carrying's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹6.762. 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 ₹71.60 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


North Eastern Carrying  (NSE:NECCLTD) 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.


North Eastern Carrying Cyclically Adjusted PS Ratio Related Terms


North Eastern Carrying Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for North Eastern Carrying'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.

North Eastern Carrying Cyclically Adjusted PS Ratio Chart

North Eastern Carrying 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 0.25 0.16 0.24 0.27 0.14

North Eastern Carrying 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 0.30 0.26 0.24 0.14 0.24

NSE:NECCLTD vs ODFL, XPO, KNX: Cyclically Adjusted PS Ratio Comparison

For the Trucking subindustry, North Eastern Carrying'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.


North Eastern Carrying Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, North Eastern Carrying's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where North Eastern Carrying's Cyclically Adjusted PS Ratio falls into.


NSE:NECCLTD
72GF Score
North Eastern Carrying Corp Ltd NSE:NECCLTD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

North Eastern Carrying 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.

North Eastern Carrying's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.27/71.60
=0.23

* 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.

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

For example, North Eastern Carrying'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)
=6.762/167.3573*167.3573
=6.762

Current CPI (Jun. 2026) = 167.3573.

North Eastern Carrying Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 22.995 105.961 36.319
201612 26.572 105.196 42.274
201703 26.352 105.196 41.924
201706 25.629 107.109 40.045
201709 13.820 109.021 21.215
201712 14.835 109.404 22.693
201803 16.470 109.786 25.107
201806 14.978 111.317 22.518
201809 14.034 115.142 20.398
201812 16.429 115.142 23.879
201903 16.415 118.202 23.241
201906 17.741 120.880 24.562
201909 17.941 123.175 24.376
201912 16.792 126.235 22.262
202003 16.779 124.705 22.518
202006 6.094 127.000 8.030
202009 10.955 130.118 14.090
202012 11.547 130.889 14.764
202103 13.924 131.771 17.684
202106 12.702 134.084 15.854
202109 10.218 135.847 12.588
202112 10.317 138.161 12.497
202203 12.892 138.822 15.542
202206 16.244 142.347 19.098
202209 15.642 144.661 18.096
202212 14.201 145.763 16.305
202303 14.916 146.865 16.997
202306 16.916 150.280 18.838
202309 10.241 151.492 11.314
202312 8.838 152.924 9.672
202403 10.204 153.035 11.159
202406 8.029 155.789 8.625
202409 8.271 157.882 8.767
202412 8.337 158.323 8.813
202503 9.009 157.552 9.570
202506 6.986 159.755 7.318
202509 7.394 162.289 7.625
202512 7.088 163.281 7.265
202603 10.996 164.272 11.202
202606 6.762 167.357 6.762

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 0.23 mean?
North Eastern Carrying (NSE:NECCLTD) has a Cyclically Adjusted PS Ratio of 0.23 as of Aug. 31, 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 North Eastern Carrying and its competitors. This is near median its historical median of 0.22. Over the past decade, North Eastern Carrying's Cyclically Adjusted PS Ratio has ranged from 0.05 to 0.43. According to the industry distribution chart, North Eastern Carrying ranks #109 out of 763 companies in the Transportation industry, placing it in the top 14.3%.
Is North Eastern Carrying's Cyclically Adjusted PS Ratio too high?
North Eastern Carrying's current Cyclically Adjusted PS Ratio of 0.23 is near median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.43. The Transportation industry median Cyclically Adjusted PS Ratio is 0.93. North Eastern Carrying's value of 0.23 is 75.3% below this industry median. Based on the distribution chart, North Eastern Carrying ranks #109 out of 763 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, North Eastern Carrying has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does North Eastern Carrying's Cyclically Adjusted PS Ratio compare to ODFL and XPO?
According to the Transportation industry distribution chart, North Eastern Carrying ranks #109 out of 763 companies for Cyclically Adjusted PS Ratio. This places North Eastern Carrying in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.93. North Eastern Carrying's value of 0.23 is 75.3% below this benchmark. Historically, North Eastern Carrying's own Cyclically Adjusted PS Ratio has ranged from 0.05 to 0.43 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 0.93, North Eastern Carrying has consistently been below 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.93, based on 763 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. North Eastern Carrying's current Cyclically Adjusted PS Ratio of 0.23 is 75.3% below 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 North Eastern Carrying and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North Eastern Carrying's current Cyclically Adjusted PS Ratio is 0.23, which is near median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Eastern Carrying stock overvalued right now?
Based on GuruFocus' analysis, North Eastern Carrying (NSE:NECCLTD) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹19.37, compared to a current price of ₹16.27 — trading 16% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.23, which is near median its 10-year median of 0.22 and 75.3% below the Transportation industry median of 0.93. North Eastern Carrying's overall GF Score™ is 72/100 with 4 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 North Eastern Carrying (NSE:NECCLTD), the current Cyclically Adjusted PS Ratio is 0.23 as of Aug. 31, 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 North Eastern Carrying (NSE:NECCLTD) Overvalued in 2026?

Based on GuruFocus' analysis, North Eastern Carrying stock appears to be undervalued. The current stock price of ₹16.27 is trading 16% below its estimated GF Value™ of ₹19.37. GuruFocus considers North Eastern Carrying to be Modestly Undervalued.

Key valuation signals for NSE:NECCLTD:

  • Cyclically Adjusted PS Ratio: 0.23 (near median its 10-year median of 0.22)
  • GF Value™: ₹19.37 vs. price of ₹16.27 (16% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 75.3% below the Transportation median (#109 of 763)

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


North Eastern Carrying Business Description

Other Exchanges 534615:India
Address Ram Bagh Road, Azad Market, NECC House, 9062/47, Delhi, IND, 110006
North Eastern Carrying Corp Ltd is engaged in the business of transportation. The Company offers freight management and customized logistics solutions. the company also offers Parcel load movement, Full truckload services, containerized movement of cargo, ODC Movement, Bulk Movement: Storage facility, and other transport-related services. Geographically, the company has a presence in Nepal and operational setups in Bhutan and Bangladesh. It generates substantial revenue from Freight.
72GF Score

Get the complete analysis for NSE:NECCLTD

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

₹16.27
Price
₹19.37
GF Value