Prime Securities (NSE:PRIMESECU) Cyclically Adjusted PS Ratio: 12.56 (As of Aug. 07, 2026) — Near Median

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NSE:PRIMESECU Prime Securities Ltd NSE:PRIMESECU
90 GF Score
Price ₹283.70
GF Value ₹345.02
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Prime Securities Cyclically Adjusted PS Ratio?

Prime Securities NSE:PRIMESECU -2.63% 90 Cyclically Adjusted PS Ratio is 12.56 as of Aug. 07, 2026, which is 5% below its 10-year median of 13.18. GuruFocus rates NSE:PRIMESECU with a GF Score™ of 90/100 and a GF Value™ of ₹345.02 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 604 Capital Markets companies, Prime Securities ranks worse than 85.26% on this metric.

As of today (2026-08-07), Prime Securities's current share price is ₹283.70. Prime Securities's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹22.58. Prime Securities's Cyclically Adjusted PS Ratio for today is 12.56.

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

NSE:PRIMESECU' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.2   Med: 13.18   Max: 20.19
Current: 12.33

During the past years, Prime Securities's highest Cyclically Adjusted PS Ratio was 20.19. The lowest was 8.20. And the median was 13.18.

NSE:PRIMESECU's Cyclically Adjusted PS Ratio is ranked worse than
85.26% of 604 companies
in the Capital Markets industry
Industry Median: 3.38 vs NSE:PRIMESECU: 12.33

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.

Prime Securities's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹7.817. 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 ₹22.58 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prime Securities  (NSE:PRIMESECU) 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.


Prime Securities Cyclically Adjusted PS Ratio Related Terms


Prime Securities Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Prime 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.

Prime Securities Cyclically Adjusted PS Ratio Chart

Prime 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 8.19 12.61 13.80 12.55

Prime 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 14.50 13.47 12.99 12.55 12.90

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

For the Capital Markets subindustry, Prime 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.


Prime Securities Cyclically Adjusted PS Ratio vs Capital Markets Industry

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

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


NSE:PRIMESECU
90GF Score
Prime Securities Ltd NSE:PRIMESECU
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Prime 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.

Prime Securities's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=283.70/22.58
=12.56

* 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.

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

For example, Prime 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)
=7.817/166.1454*166.1454
=7.817

Current CPI (Jun. 2026) = 166.1454.

Prime Securities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.194 105.961 1.872
201612 1.253 105.196 1.979
201703 2.723 105.196 4.301
201706 2.917 107.109 4.525
201709 2.205 109.021 3.360
201712 2.433 109.404 3.695
201803 1.013 109.786 1.533
201806 3.641 111.317 5.434
201809 3.530 115.142 5.094
201812 5.038 115.142 7.270
201903 5.036 118.202 7.079
201906 3.957 120.880 5.439
201909 7.028 123.175 9.480
201912 5.224 126.235 6.876
202003 11.449 124.705 15.254
202006 3.549 127.000 4.643
202009 2.900 130.118 3.703
202012 1.833 130.889 2.327
202103 6.556 131.771 8.266
202106 2.290 134.084 2.838
202109 4.045 135.847 4.947
202112 4.732 138.161 5.690
202203 2.717 138.822 3.252
202206 2.601 142.347 3.036
202209 2.017 144.661 2.317
202212 4.344 145.763 4.951
202303 3.151 146.865 3.565
202306 5.723 150.280 6.327
202309 4.229 151.492 4.638
202312 4.766 152.924 5.178
202403 3.286 153.035 3.568
202406 6.672 155.789 7.116
202409 7.699 157.882 8.102
202412 5.698 158.323 5.980
202503 3.924 157.552 4.138
202506 11.906 159.755 12.382
202509 8.654 162.289 8.860
202512 9.374 163.281 9.538
202603 7.080 164.272 7.161
202606 7.817 166.145 7.817

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 12.56 mean?
Prime Securities (NSE:PRIMESECU) has a Cyclically Adjusted PS Ratio of 12.56 as of Aug. 07, 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 Prime Securities and its competitors. This is near median its historical median of 13.18. Over the past decade, Prime Securities' Cyclically Adjusted PS Ratio has ranged from 8.20 to 20.19. According to the industry distribution chart, Prime Securities ranks #515 out of 604 companies in the Capital Markets industry, placing it in the top 85.3%.
Is Prime Securities' Cyclically Adjusted PS Ratio too high?
Prime Securities' current Cyclically Adjusted PS Ratio of 12.56 is near median its 10-year median of 13.18. Over the past 10 years, this metric has ranged from a low of 8.20 to a high of 20.19. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.38. Prime Securities' value of 12.56 is 271.6% above this industry median. Based on the distribution chart, Prime Securities ranks #515 out of 604 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Prime Securities has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Prime Securities' Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Prime Securities ranks #515 out of 604 companies for Cyclically Adjusted PS Ratio. This places Prime Securities in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.38. Prime Securities' value of 12.56 is 271.6% above this benchmark. Historically, Prime Securities' own Cyclically Adjusted PS Ratio has ranged from 8.20 to 20.19 over the past decade. While the company's 10-year median is 13.18 vs. the industry median of 3.38, Prime Securities 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 3.38, based on 604 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. Prime Securities's current Cyclically Adjusted PS Ratio of 12.56 is 271.6% 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 Prime Securities and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prime Securities's current Cyclically Adjusted PS Ratio is 12.56, which is near median its own 10-year median of 13.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prime Securities stock overvalued right now?
Based on GuruFocus' analysis, Prime Securities (NSE:PRIMESECU) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹345.02, compared to a current price of ₹283.70 — trading 17.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 12.56, which is near median its 10-year median of 13.18 and 271.6% above the Capital Markets industry median of 3.38. Prime Securities' overall GF Score™ is 90/100 with 5 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 Prime Securities (NSE:PRIMESECU), the current Cyclically Adjusted PS Ratio is 12.56 as of Aug. 07, 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 Prime Securities (NSE:PRIMESECU) Overvalued in 2026?

Based on GuruFocus' analysis, Prime Securities stock appears to be undervalued. The current stock price of ₹283.70 is trading 17.8% below its estimated GF Value™ of ₹345.02. GuruFocus considers Prime Securities to be Modestly Undervalued.

Key valuation signals for NSE:PRIMESECU:

  • Cyclically Adjusted PS Ratio: 12.56 (near median its 10-year median of 13.18)
  • GF Value™: ₹345.02 vs. price of ₹283.70 (17.8% below fair value)
  • GF Score™: 90/100 with 5 warning signs
  • Industry Position: 271.6% above the Capital Markets median (#515 of 604)

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


Prime Securities Business Description

Other Exchanges 500337:India
Address Nariman Point, 1109/1110, Maker Chambers V, Mumbai, MH, IND, 400021
Prime Securities Ltd is engaged in the provision of investment banking and corporate advisory services. Along with its subsidiaries, it provides value-added advice and services to clients on complex strategic and financial decisions and transactions focused on fundraising, mergers and acquisitions, equity and debt private placements, initial public offerings, corporate advisory, and capital restructuring. The group operates in a single business segment, which is providing merchant banking and advisory services. Geographically, it derives all of its revenue from India.
90GF Score

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

₹283.70
Price
₹345.02
GF Value