Central Depository Services (India) (NSE:CDSL) PEG Ratio: 3.09 (As of Jul. 12, 2026) — 127% Above Median


NSE:CDSL Central Depository Services (India) Ltd NSE:CDSL
97 GF Score
Price ₹1,431.90
GF Value ₹1,633.43
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Central Depository Services (India) PEG Ratio?

Central Depository Services (India) NSE:CDSL +6.34% 97 PEG Ratio is 3.09 as of Jul. 12, 2026, which is 127% above its 10-year median of 1.36. GuruFocus rates NSE:CDSL with a GF Score™ of 97/100 and a GF Value™ of ₹1,633.43 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 316 Capital Markets companies, Central Depository Services (India) ranks worse than 74.37% on this metric.

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Central Depository Services (India)'s PE Ratio without NRI is 65.59. Central Depository Services (India)'s 5-Year EBITDA growth rate is 21.20%. Therefore, Central Depository Services (India)'s PEG Ratio for today is 3.09.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Central Depository Services (India)'s PEG Ratio or its related term are showing as below:

NSE:CDSL' s PEG Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.36   Max: 3.09
Current: 3.09


During the past 13 years, Central Depository Services (India)'s highest PEG Ratio was 3.09. The lowest was 0.82. And the median was 1.36.


NSE:CDSL's PEG Ratio is ranked worse than
74.37% of 316 companies
in the Capital Markets industry
Industry Median: 1.495 vs NSE:CDSL: 3.09

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Central Depository Services (India)  (NSE:CDSL) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Central Depository Services (India) PEG Ratio Related Terms


Central Depository Services (India) PEG Ratio Historical Data

* Premium members only.

The historical data trend for Central Depository Services (India)'s PEG 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.

Central Depository Services (India) PEG Ratio Chart

Central Depository Services (India) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.45 0.91 1.10 1.34 2.33

Central Depository Services (India) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PEG 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 1.34 2.40 2.33 2.58 2.33

NSE:CDSL vs MS, GS, SCHW: PEG Ratio Comparison

For the Capital Markets subindustry, Central Depository Services (India)'s PEG Ratio, along with its competitors' market caps and PEG 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.


Central Depository Services (India) PEG Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Central Depository Services (India)'s PEG Ratio distribution charts can be found below:

* The bar in red indicates where Central Depository Services (India)'s PEG Ratio falls into.


NSE:CDSL
97GF Score
Central Depository Services (India) Ltd NSE:CDSL
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Central Depository Services (India) PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Central Depository Services (India)'s PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=65.593220338983/21.20
=3.09

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 3.09 mean?
Central Depository Services (India) (NSE:CDSL) has a PEG Ratio of 3.09 as of Jul. 12, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Central Depository Services (India) and its competitors. This is 127% above median its historical median of 1.36. Over the past decade, Central Depository Services (India)'s PEG Ratio has ranged from 0.82 to 3.09. According to the industry distribution chart, Central Depository Services (India) ranks #235 out of 316 companies in the Capital Markets industry, placing it in the top 74.4%.
Is Central Depository Services (India)'s PEG Ratio too high?
Central Depository Services (India)'s current PEG Ratio of 3.09 is 127% above median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 3.09. The Capital Markets industry median PEG Ratio is 1.50. Central Depository Services (India)'s value of 3.09 is 106.7% above this industry median. Based on the distribution chart, Central Depository Services (India) ranks #235 out of 316 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Central Depository Services (India) has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Central Depository Services (India)'s PEG Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Central Depository Services (India) ranks #235 out of 316 companies for PEG Ratio. This places Central Depository Services (India) in the lower half of its industry. The industry median PEG Ratio is 1.50. Central Depository Services (India)'s value of 3.09 is 106.7% above this benchmark. Historically, Central Depository Services (India)'s own PEG Ratio has ranged from 0.82 to 3.09 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 1.50, Central Depository Services (India) 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 PEG Ratio for a Capital Markets company?
The median PEG Ratio among Capital Markets companies is 1.50, based on 316 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Central Depository Services (India)'s current PEG Ratio of 3.09 is 106.7% 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Central Depository Services (India) and its competitors. For the Capital Markets industry, the median PEG Ratio is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central Depository Services (India)'s current PEG Ratio is 3.09, which is 127% above median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Depository Services (India) stock overvalued right now?
Based on GuruFocus' analysis, Central Depository Services (India) (NSE:CDSL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,633.43, compared to a current price of ₹1,431.90 — trading 12.3% below its estimated fair value. The current PEG Ratio is 3.09, which is 127% above median its 10-year median of 1.36 and 106.7% above the Capital Markets industry median of 1.50. Central Depository Services (India)'s overall GF Score™ is 97/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Central Depository Services (India) (NSE:CDSL), the current PEG Ratio is 3.09 as of Jul. 12, 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 Central Depository Services (India) (NSE:CDSL) Overvalued in 2026?

Based on GuruFocus' analysis, Central Depository Services (India) stock appears to be undervalued. The current stock price of ₹1,431.90 is trading 12.3% below its estimated GF Value™ of ₹1,633.43. GuruFocus considers Central Depository Services (India) to be Modestly Undervalued.

Key valuation signals for NSE:CDSL:

  • PEG Ratio: 3.09 (127% above median its 10-year median of 1.36)
  • GF Value™: ₹1,633.43 vs. price of ₹1,431.90 (12.3% below fair value)
  • GF Score™: 97/100 with 4 warning signs
  • Industry Position: 106.7% above the Capital Markets median (#235 of 316)

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


Central Depository Services (India) Business Description

Address N.M Joshi Marg, Unit No. A-2501, A Wing, Marathon Futurex, Mafatlal Mills Compound, Lower Parel East, Mumbai, MH, IND, 400013
Central Depository Services (India) Ltd is a securities depository in India. It offers dematerialization for a wide range of securities, including equity shares, preference shares, mutual fund units, debt instruments, and government securities. In addition, it is involved in centralized record keeping of KYC documents of investors, and providing repository services to policyholders to store their receipts and policies in electronic form. The group operates in three segments: Depository, Data Entry, and Storage and Repository. A majority of its revenue is generated from the Depository segment, which provides various services to investors, including dematerialization, rematerialization, holding, transfer, and pledge of securities in electronic form, as well as e-voting services to companies.
97GF Score

Get the complete analysis for NSE:CDSL

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

₹1,431.90
Price
₹1,633.43
GF Value