ICRANSE:ICRA -0.79%90 Median PS Value is ₹7,068.35 as of Jul. 01, 2026, which is 100% below its 10-year median of 0.98. GuruFocus rates NSE:ICRA with a GF Score™ of 90/100 and a GF Value™ of ₹8,115.32 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 390 Capital Markets companies, ICRA ranks better than 75.13% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. ICRA's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹622.013. ICRA's 10-Year median PS Ratio is 11.3637. Therefore, the Median PS Value for today is ₹7,068.35.
As of today (2026-07-01), ICRA's share price is ₹5242.00. ICRA's Median PS Value is ₹7,068.35. Therefore, ICRA's Price to Median PS Value for today is 0.74.
The historical rank and industry rank for ICRA's Median PS Value or its related term are showing as below:
NSE:ICRA'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.71 Med: 0.98 Max: 1.22
Current: 0.74
During the past 13 years, the highest Price to Median PS Value of ICRA was 1.22. The lowest was 0.71. And the median was 0.98.
NSE:ICRA's Price-to-Median-PS-Value is ranked better than 75.13% of 390
companies
in the Capital Markets industry
Industry Median: 1.05
vs NSE:ICRA: 0.74
ICRA (NSE:ICRA) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
ICRA's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
5242.00
/
7,068.35
=
0.74
* 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.
ICRA Median PS Value Related Terms
ICRA Median PS Value Historical Data
* Premium members only.
The historical data trend for ICRA's Median PS Value 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.
NSE:ICRA vs SPGI, CME, MCO: Median PS Value Comparison
For the Financial Data & Stock Exchanges subindustry, ICRA's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
ICRA Price-to-Median-PS-Value vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, ICRA's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where ICRA's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 11.3637.
ICRA's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹622.013.
* 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.
ICRA (NSE:ICRA) has a Median PS Value of ₹7,068.35 as of Jul. 01, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on ICRA and its competitors. This is 721160% above median its historical median of 0.98. Over the past decade, ICRA's Median PS Value has ranged from 0.71 to 1.22. According to the industry distribution chart, ICRA ranks #97 out of 390 companies in the Capital Markets industry, placing it in the top 24.9%.
Is ICRA's Median PS Value too high?
ICRA's current Median PS Value of ₹7,068.35 is 721160% above median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 1.22. Based on the distribution chart, ICRA ranks #97 out of 390 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, ICRA has a GF Score™ of 90/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ICRA's Median PS Value compare to SPGI and CME?
According to the Capital Markets industry distribution chart, ICRA ranks #97 out of 390 companies for Median PS Value. This places ICRA in the top 25% of its industry — outperforming the majority of peers. The industry median Median PS Value is 1.05. Historically, ICRA's own Median PS Value has ranged from 0.71 to 1.22 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Capital Markets company?
The median Median PS Value among Capital Markets companies is 1.05, based on 390 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on ICRA and its competitors. For the Capital Markets industry, the median Median PS Value is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICRA's current Median PS Value is ₹7,068.35, which is 721160% above median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICRA stock overvalued right now?
Based on GuruFocus' analysis, ICRA (NSE:ICRA) is currently considered Possible Value Trap. The stock's GF Value™ is ₹8,115.32, compared to a current price of ₹5,242.00 — trading 35.4% below its estimated fair value. The current Median PS Value is ₹7,068.35, which is 721160% above median its 10-year median of 0.98. ICRA's overall GF Score™ is 90/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For ICRA (NSE:ICRA), the current Median PS Value is ₹7,068.35 as of Jul. 01, 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 ICRA (NSE:ICRA) Overvalued in 2026?
Based on GuruFocus' analysis, ICRA stock appears to be undervalued.
The current stock price of ₹5,242.00 is trading 35.4% below its estimated GF Value™ of ₹8,115.32.
GuruFocus considers ICRA to be Possible Value Trap.
Key valuation signals for NSE:ICRA:
Median PS Value: ₹7,068.35 (721160% above median its 10-year median of 0.98)
GF Value™: ₹8,115.32 vs. price of ₹5,242.00 (35.4% below fair value)
No single metric tells the full story. See the NSE:ICRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ICRA Ltd is an independent and professional Investment Information and credit rating agency. The company operates through four segments: Rating, research, and other services; Consulting services; Knowledge and Market Services. The company generates over half of its revenue from the Rating, research and other services segment. Rating, research, and other services segment provides rating, grading, and industry research services. The consulting services segment provides management consulting which includes risk management, financial advisory, outsourcing, and policy advisory. The knowledge Services segment provides KPO services and the Market services segment provides financial information products and services. Geographically the majority of revenue is generated from within India.
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