Thakkers Developers (NSE:THAKDEV) Cyclically Adjusted PS Ratio: (As of Aug. 20, 2026)

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NSE:THAKDEV Thakkers Developers Ltd NSE:THAKDEV
53 GF Score
Price ₹150.00
GF Value ₹156.84
Valuation Fairly Valued
! 5 Warning Signs
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What is Thakkers Developers Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thakkers Developers  (NSE:THAKDEV) 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.


Thakkers Developers Cyclically Adjusted PS Ratio Related Terms


Thakkers Developers Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Thakkers Developers'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.

Thakkers Developers Cyclically Adjusted PS Ratio Chart

Thakkers Developers 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 1.96 2.56 3.35 3.97 2.10

Thakkers Developers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.97 4.15 3.59 3.25 2.10

NSE:THAKDEV vs : Cyclically Adjusted PS Ratio Comparison

For the Real Estate - Development subindustry, Thakkers Developers'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.


Thakkers Developers Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Thakkers Developers's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:THAKDEV
53GF Score
Thakkers Developers Ltd NSE:THAKDEV
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thakkers Developers 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.

Thakkers Developers's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Thakkers Developers's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=5.309/330.2130*330.2130
=5.309

Current CPI (Mar. 2026) = 330.2130.

Thakkers Developers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 9.009 241.018 12.343
201609 7.471 241.428 10.218
201612 10.021 241.432 13.706
201703 19.477 243.801 26.380
201706 3.714 244.955 5.007
201709 6.710 246.819 8.977
201712 4.752 246.524 6.365
201803 15.721 249.554 20.802
201806 2.049 251.989 2.685
201809 9.171 252.439 11.996
201812 4.016 251.233 5.279
201903 5.230 254.202 6.794
201906 4.105 256.143 5.292
201909 1.611 256.759 2.072
201912 13.376 256.974 17.188
202003 6.307 258.115 8.069
202006 1.246 257.797 1.596
202009 10.163 260.280 12.894
202012 11.313 260.474 14.342
202103 7.075 264.877 8.820
202106 1.911 271.696 2.323
202109 32.334 274.310 38.924
202112 7.533 278.802 8.922
202203 -8.579 287.504 -9.853
202206 10.065 296.311 11.217
202209 15.929 296.808 17.722
202212 16.999 296.797 18.913
202303 8.189 301.836 8.959
202306 11.355 305.109 12.289
202309 10.532 307.789 11.299
202312 5.783 306.746 6.225
202403 7.045 312.332 7.448
202406 4.556 314.175 4.789
202409 15.867 315.301 16.617
202412 7.864 315.605 8.228
202503 6.861 319.799 7.084
202506 10.016 322.561 10.254
202509 7.200 324.800 7.320
202512 16.006 324.054 16.310
202603 5.309 330.213 5.309

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 Thakkers Developers (NSE:THAKDEV) Overvalued in 2026?

Based on GuruFocus' analysis, Thakkers Developers stock appears to be undervalued. The current stock price of ₹150.00 is trading 4.4% below its estimated GF Value™ of ₹156.84. GuruFocus considers Thakkers Developers to be Fairly Valued.

Key valuation signals for NSE:THAKDEV:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹156.84 vs. price of ₹150.00 (4.4% below fair value)
  • GF Score™: 53/100 with 5 warning signs

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


Thakkers Developers Business Description

Comparable Companies
Other Exchanges 526654:India
Address Modi Street, 37/39, Kantol Niwas, Fort, Mumbai, MH, IND, 400 001
Thakkers Developers Ltd is an India-based company engaged in construction and real estate development activities. Its segments include Construction and Contract Related Activity and Estate Dealing and Development Activity. It has plots under divisions including industrial, commercial, residential, and agricultural. Richmond Heights, Indigo Park, Purab Pashchim Plaza, and Thakkers Majesty are a few of the company's projects. It generates key revenue from the Construction and Contract Related Activity.
53GF Score

Get the complete analysis for NSE:THAKDEV

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

₹150.00
Price
₹156.84
GF Value