Star Health and Allied Insurance Co (NSE:STARHEALTH) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: 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:STARHEALTH Star Health and Allied Insurance Co Ltd NSE:STARHEALTH
78 GF Score
Price ₹547.05
GF Value ₹594.91
Valuation Fairly Valued
! 4 Warning Signs
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What is Star Health and Allied Insurance Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Star Health and Allied Insurance Co  (NSE:STARHEALTH) 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.


Star Health and Allied Insurance Co Cyclically Adjusted PS Ratio Related Terms


Star Health and Allied Insurance Co Cyclically Adjusted PS Ratio Historical Data

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The historical data trend for Star Health and Allied Insurance Co'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.

Star Health and Allied Insurance Co Cyclically Adjusted PS Ratio Chart

Star Health and Allied Insurance Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
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Star Health and Allied Insurance Co Quarterly Data
Mar21 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 - - - 2.50 3.15

NSE:STARHEALTH vs MET, AFL, PRU: Cyclically Adjusted PS Ratio Comparison

For the Insurance - Life subindustry, Star Health and Allied Insurance Co'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.


Star Health and Allied Insurance Co Cyclically Adjusted PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Star Health and Allied Insurance Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Star Health and Allied Insurance Co's Cyclically Adjusted PS Ratio falls into.


NSE:STARHEALTH
78GF Score
Star Health and Allied Insurance Co Ltd NSE:STARHEALTH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Star Health and Allied Insurance Co 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.

Star Health and Allied Insurance Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Star Health and Allied Insurance Co's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=303.096/164.2724*164.2724
=303.096

Current CPI (Mar26) = 164.2724.

Star Health and Allied Insurance Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 47.233 105.196 73.758
201803 63.382 109.786 94.838
201903 81.751 118.202 113.614
202003 101.699 124.705 133.967
202103 101.176 131.771 126.132
202203 190.033 138.822 224.872
202303 203.618 146.865 227.753
202403 235.488 153.035 252.781
202503 270.924 157.552 282.481
202603 303.096 164.272 303.096

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 Star Health and Allied Insurance Co (NSE:STARHEALTH) Overvalued in 2026?

Based on GuruFocus' analysis, Star Health and Allied Insurance Co stock appears to be undervalued. The current stock price of ₹547.05 is trading 8% below its estimated GF Value™ of ₹594.91. GuruFocus considers Star Health and Allied Insurance Co to be Fairly Valued.

Key valuation signals for NSE:STARHEALTH:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹594.91 vs. price of ₹547.05 (8% below fair value)
  • GF Score™: 78/100 with 4 warning signs

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


Star Health and Allied Insurance Co Business Description

Other Exchanges 543412:India
Address Dr. Radha Krishnan Salai, No. 148, Acropolis, Mylapore, Chennai, TN, IND, 600004
Star Health and Allied Insurance Co Ltd operates a non-life insurance business in India. It focuses on the retail health and group health segments. The company distributes policies through individual agents and also includes corporate agent banks and other corporate agents. It offers various types of insurance plans such as health, accidental, travel, corporate, and others. The operating segments of the company are based on the various types of insurance and include Fire, Marine Cargo, Marine Hull, Aviation, Motor, Workmen Compensation, Engineering, Public Product Liability, Personal Accident, Travel, and Health Insurance. The majority of its revenue is generated from its Health insurance products.
78GF Score

Get the complete analysis for NSE:STARHEALTH

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

₹547.05
Price
₹594.91
GF Value