Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Summit SecuritiesNSE:SUMMITSEC -0.27%85 Cyclically Adjusted PS Ratio is 21.77 as of Jul. 26, 2026, which is 37% below its 10-year median of 34.31. GuruFocus rates NSE:SUMMITSEC with a GF Score™ of 85/100 and a GF Value™ of ₹3,125.55 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 605 Capital Markets companies, Summit Securities ranks worse than 92.56% on this metric.
The historical rank and industry rank for Summit Securities's Cyclically Adjusted PS Ratio or its related term are showing as below:
NSE:SUMMITSEC'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 20.61 Med: 34.31 Max: 56.81
Current: 22.04
During the past years, Summit Securities's highest Cyclically Adjusted PS Ratio was 56.81. The lowest was 20.61. And the median was 34.31.
NSE:SUMMITSEC's Cyclically Adjusted PS Ratio is ranked worse than 92.56% of 605
companies
in the Capital Markets industry
Industry Median: 3.34
vs NSE:SUMMITSEC: 22.04
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.
Summit Securities's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹10.484. 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 ₹68.12 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Summit Securities (NSE:SUMMITSEC) 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.
Summit Securities Cyclically Adjusted PS Ratio Related Terms
Summit Securities Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Summit 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.
Summit Securities Cyclically Adjusted PS Ratio Chart
NSE:SUMMITSEC vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison
For the Capital Markets subindustry, Summit 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.
Summit Securities Cyclically Adjusted PS Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Summit Securities's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Summit Securities's Cyclically Adjusted PS Ratio falls into.
Summit 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.
Summit Securities's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 21.77 mean?
Summit Securities (NSE:SUMMITSEC) has a Cyclically Adjusted PS Ratio of 21.77 as of Jul. 26, 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 Summit Securities and its competitors. This is 37% below median its historical median of 34.31. Over the past decade, Summit Securities' Cyclically Adjusted PS Ratio has ranged from 20.61 to 56.81. According to the industry distribution chart, Summit Securities ranks #560 out of 605 companies in the Capital Markets industry, placing it in the top 92.6%.
Is Summit Securities' Cyclically Adjusted PS Ratio too high?
Summit Securities' current Cyclically Adjusted PS Ratio of 21.77 is 37% below median its 10-year median of 34.31. Over the past 10 years, this metric has ranged from a low of 20.61 to a high of 56.81. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.34. Summit Securities' value of 21.77 is 551.8% above this industry median. Based on the distribution chart, Summit Securities ranks #560 out of 605 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Summit Securities has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Summit Securities' Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Summit Securities ranks #560 out of 605 companies for Cyclically Adjusted PS Ratio. This places Summit Securities in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.34. Summit Securities' value of 21.77 is 551.8% above this benchmark. Historically, Summit Securities' own Cyclically Adjusted PS Ratio has ranged from 20.61 to 56.81 over the past decade. While the company's 10-year median is 34.31 vs. the industry median of 3.34, Summit 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 3.34, based on 605 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. Summit Securities's current Cyclically Adjusted PS Ratio of 21.77 is 551.8% 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 Summit Securities and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Summit Securities's current Cyclically Adjusted PS Ratio is 21.77, which is 37% below median its own 10-year median of 34.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Summit Securities stock overvalued right now?
Based on GuruFocus' analysis, Summit Securities (NSE:SUMMITSEC) is currently considered Possible Value Trap. The stock's GF Value™ is ₹3,125.55, compared to a current price of ₹1,482.80 — trading 52.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 21.77, which is 37% below median its 10-year median of 34.31 and 551.8% above the Capital Markets industry median of 3.34. Summit Securities' overall GF Score™ is 85/100 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 Summit Securities (NSE:SUMMITSEC), the current Cyclically Adjusted PS Ratio is 21.77 as of Jul. 26, 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 Summit Securities (NSE:SUMMITSEC) Overvalued in 2026?
Based on GuruFocus' analysis, Summit Securities stock appears to be undervalued.
The current stock price of ₹1,482.80 is trading 52.6% below its estimated GF Value™ of ₹3,125.55.
GuruFocus considers Summit Securities to be Possible Value Trap.
Key valuation signals for NSE:SUMMITSEC:
Cyclically Adjusted PS Ratio: 21.77 (37% below median its 10-year median of 34.31)
GF Value™: ₹3,125.55 vs. price of ₹1,482.80 (52.6% below fair value)
Industry Position: 551.8% above the Capital Markets median (#560 of 605)
No single metric tells the full story. See the NSE:SUMMITSEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Summit Securities Ltd is engaged in the provision of investment in securities. It operates as a non-banking financial company and currently holds various portfolios including listed and private entities. The company is engaged in investments and financial activities. It earns revenue from Interest and Dividend income.
85GF Score
Get the complete analysis for NSE:SUMMITSEC
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:SUMMITSEC has been successfully added to your 
