Smartlink Holdings (NSE:SMARTLINK) Cyclically Adjusted PS Ratio: 1.73 (As of Aug. 21, 2026) — 30% Below Median

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NSE:SMARTLINK Smartlink Holdings Ltd NSE:SMARTLINK
79 GF Score
Price ₹224.42
GF Value ₹249.95
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Smartlink Holdings Cyclically Adjusted PS Ratio?

Smartlink Holdings NSE:SMARTLINK -1.21% 79 Cyclically Adjusted PS Ratio is 1.73 as of Aug. 21, 2026, which is 30% below its 10-year median of 2.48. GuruFocus rates NSE:SMARTLINK with a GF Score™ of 79/100 and a GF Value™ of ₹249.95 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,975 Hardware companies, Smartlink Holdings ranks worse than 56.15% on this metric.

As of today (2026-08-21), Smartlink Holdings's current share price is ₹224.42. Smartlink Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹129.38. Smartlink Holdings's Cyclically Adjusted PS Ratio for today is 1.73.

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

NSE:SMARTLINK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 2.48   Max: 4.98
Current: 1.73

During the past years, Smartlink Holdings's highest Cyclically Adjusted PS Ratio was 4.98. The lowest was 0.94. And the median was 2.48.

NSE:SMARTLINK's Cyclically Adjusted PS Ratio is ranked worse than
56.15% of 1975 companies
in the Hardware industry
Industry Median: 1.39 vs NSE:SMARTLINK: 1.73

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.

Smartlink Holdings's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹65.432. 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 ₹129.38 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Smartlink Holdings  (NSE:SMARTLINK) 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.


Smartlink Holdings Cyclically Adjusted PS Ratio Related Terms


Smartlink Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Smartlink Holdings'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.

Smartlink Holdings Cyclically Adjusted PS Ratio Chart

Smartlink Holdings 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 2.37 2.42 2.23 1.33 0.85

Smartlink Holdings 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 1.59 1.33 1.17 0.85 1.39

NSE:SMARTLINK vs CSCO, MSI, HPE: Cyclically Adjusted PS Ratio Comparison

For the Communication Equipment subindustry, Smartlink Holdings'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.


Smartlink Holdings Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Smartlink Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:SMARTLINK
79GF Score
Smartlink Holdings Ltd NSE:SMARTLINK
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Smartlink Holdings 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.

Smartlink Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=224.42/129.38
=1.73

* 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.

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

For example, Smartlink Holdings'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)
=65.432/167.3573*167.3573
=65.432

Current CPI (Jun. 2026) = 167.3573.

Smartlink Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.209 105.961 5.068
201612 9.219 105.196 14.667
201703 8.458 105.196 13.456
201706 8.949 107.109 13.983
201709 12.999 109.021 19.955
201712 10.844 109.404 16.588
201803 3.956 109.786 6.030
201806 8.989 111.317 13.514
201809 14.643 115.142 21.283
201812 11.689 115.142 16.990
201903 11.358 118.202 16.081
201906 9.827 120.880 13.605
201909 10.114 123.175 13.742
201912 8.385 126.235 11.116
202003 8.522 124.705 11.437
202006 9.079 127.000 11.964
202009 12.029 130.118 15.472
202012 16.270 130.889 20.803
202103 -1.080 131.771 -1.372
202106 15.773 134.084 19.687
202109 16.757 135.847 20.644
202112 17.967 138.161 21.764
202203 25.278 138.822 30.474
202206 26.989 142.347 31.731
202209 43.135 144.661 49.903
202212 37.764 145.763 43.359
202303 43.880 146.865 50.003
202306 38.557 150.280 42.938
202309 52.041 151.492 57.491
202312 40.607 152.924 44.439
202403 62.541 153.035 68.394
202406 40.599 155.789 43.614
202409 55.257 157.882 58.573
202412 53.866 158.323 56.940
202503 65.678 157.552 69.766
202506 37.105 159.755 38.871
202509 70.523 162.289 72.725
202512 62.727 163.281 64.293
202603 99.673 164.272 101.545
202606 65.432 167.357 65.432

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 1.73 mean?
Smartlink Holdings (NSE:SMARTLINK) has a Cyclically Adjusted PS Ratio of 1.73 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 Smartlink Holdings and its competitors. This is 30% below median its historical median of 2.48. Over the past decade, Smartlink Holdings' Cyclically Adjusted PS Ratio has ranged from 0.94 to 4.98. According to the industry distribution chart, Smartlink Holdings ranks #1109 out of 1975 companies in the Hardware industry, placing it in the top 56.2%.
Is Smartlink Holdings' Cyclically Adjusted PS Ratio too high?
Smartlink Holdings' current Cyclically Adjusted PS Ratio of 1.73 is 30% below median its 10-year median of 2.48. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 4.98. The Hardware industry median Cyclically Adjusted PS Ratio is 1.39. Smartlink Holdings' value of 1.73 is 24.5% above this industry median. Based on the distribution chart, Smartlink Holdings ranks #1109 out of 1975 companies in the Hardware industry, which is below the industry midpoint. Overall, Smartlink Holdings has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Smartlink Holdings' Cyclically Adjusted PS Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Smartlink Holdings ranks #1109 out of 1975 companies for Cyclically Adjusted PS Ratio. This places Smartlink Holdings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.39. Smartlink Holdings' value of 1.73 is 24.5% above this benchmark. Historically, Smartlink Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.94 to 4.98 over the past decade. While the company's 10-year median is 2.48 vs. the industry median of 1.39, Smartlink Holdings 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.39, based on 1,975 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. Smartlink Holdings's current Cyclically Adjusted PS Ratio of 1.73 is 24.5% 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 Smartlink Holdings and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smartlink Holdings's current Cyclically Adjusted PS Ratio is 1.73, which is 30% below median its own 10-year median of 2.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartlink Holdings stock overvalued right now?
Based on GuruFocus' analysis, Smartlink Holdings (NSE:SMARTLINK) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹249.95, compared to a current price of ₹224.42 — trading 10.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.73, which is 30% below median its 10-year median of 2.48 and 24.5% above the Hardware industry median of 1.39. Smartlink Holdings' overall GF Score™ is 79/100 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 Smartlink Holdings (NSE:SMARTLINK), the current Cyclically Adjusted PS Ratio is 1.73 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 Smartlink Holdings (NSE:SMARTLINK) Overvalued in 2026?

Based on GuruFocus' analysis, Smartlink Holdings stock appears to be undervalued. The current stock price of ₹224.42 is trading 10.2% below its estimated GF Value™ of ₹249.95. GuruFocus considers Smartlink Holdings to be Modestly Undervalued.

Key valuation signals for NSE:SMARTLINK:

  • Cyclically Adjusted PS Ratio: 1.73 (30% below median its 10-year median of 2.48)
  • GF Value™: ₹249.95 vs. price of ₹224.42 (10.2% below fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 24.5% above the Hardware median (#1109 of 1975)

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


Smartlink Holdings Business Description

Other Exchanges 532419:India
Address Andheri-Kurla Road, Unit No. B-701, B-702 & B-703, Citipoint, J. B. Nagar, Andheri (East), Mumbai, MH, IND, 400 059
Smartlink Holdings Ltd is a holding company. The company and its subsidiaries are engaged in the marketing of networking products, manufacturing of structured cabling products, and electronics manufacturing. The Company's business activities are mainly related to Investments and Real Estate, which are assessed as a single reportable operating segment. The Company has two business segments which is Investment Earning income through dividends, interest, rentals and gains on Investment in securities and property. Networking is Developing, manufacturing, marketing, distributing, and servicing of networking products. The company generates maximum revenue from the Networking products segment. Geographically, it derives a majority of its revenue from India.
79GF Score

Get the complete analysis for NSE:SMARTLINK

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

₹224.42
Price
₹249.95
GF Value