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ICRANSE:ICRA +2.00%88 PEG Ratio is 1.57 as of Jul. 13, 2026, which is 49% below its 10-year median of 3.06. GuruFocus rates NSE:ICRA with a GF Score™ of 88/100 and a GF Value™ of ₹8,157.16 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 316 Capital Markets companies, ICRA ranks worse than 53.16% 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, ICRA's PE Ratio without NRI is 27.39. ICRA's 5-Year EBITDA growth rate is 17.50%. Therefore, ICRA's PEG Ratio for today is 1.57.
* 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 ICRA's PEG Ratio or its related term are showing as below:
NSE:ICRA'
s PEG Ratio Range Over the Past 10 Years
Min: 1.45 Med: 3.06 Max: 41.89
Current: 1.57
During the past 13 years, ICRA's highest PEG Ratio was 41.89. The lowest was 1.45. And the median was 3.06.
NSE:ICRA's PEG Ratio is ranked worse than 53.16% of 316
companies
in the Capital Markets industry
Industry Median: 1.495
vs NSE:ICRA: 1.57
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
ICRA (NSE:ICRA) 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.
ICRA PEG Ratio Related Terms
ICRA PEG Ratio Historical Data
* Premium members only.
The historical data trend for ICRA'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.
For the Financial Data & Stock Exchanges subindustry, ICRA'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.
ICRA PEG Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, ICRA's PEG Ratio distribution charts can be found below:
* The bar in red indicates where ICRA's PEG Ratio falls into.
* 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.
ICRA (NSE:ICRA) has a PEG Ratio of 1.57 as of Jul. 13, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on ICRA and its competitors. This is 49% below median its historical median of 3.06. Over the past decade, ICRA's PEG Ratio has ranged from 1.45 to 41.89. According to the industry distribution chart, ICRA ranks #168 out of 316 companies in the Capital Markets industry, placing it in the top 53.2%.
Is ICRA's PEG Ratio too high?
ICRA's current PEG Ratio of 1.57 is 49% below median its 10-year median of 3.06. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 41.89. The Capital Markets industry median PEG Ratio is 1.50. ICRA's value of 1.57 is 5% above this industry median. Based on the distribution chart, ICRA ranks #168 out of 316 companies in the Capital Markets industry, which is below the industry midpoint. Overall, ICRA has a GF Score™ of 88/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ICRA's PEG Ratio compare to SPGI and CME?
According to the Capital Markets industry distribution chart, ICRA ranks #168 out of 316 companies for PEG Ratio. This places ICRA in the lower half of its industry. The industry median PEG Ratio is 1.50. ICRA's value of 1.57 is 5% above this benchmark. Historically, ICRA's own PEG Ratio has ranged from 1.45 to 41.89 over the past decade. While the company's 10-year median is 3.06 vs. the industry median of 1.50, ICRA 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. ICRA's current PEG Ratio of 1.57 is 5% 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 ICRA 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. ICRA's current PEG Ratio is 1.57, which is 49% below median its own 10-year median of 3.06. 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 ₹8,157.16, compared to a current price of ₹5,298.00 — trading 35.1% below its estimated fair value. The current PEG Ratio is 1.57, which is 49% below median its 10-year median of 3.06 and 5% above the Capital Markets industry median of 1.50. ICRA's overall GF Score™ is 88/100 with 1 warning sign 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 ICRA (NSE:ICRA), the current PEG Ratio is 1.57 as of Jul. 13, 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 ₹5,298.00 is trading 35.1% below its estimated GF Value™ of ₹8,157.16.
GuruFocus considers ICRA to be Possible Value Trap.
Key valuation signals for NSE:ICRA:
PEG Ratio: 1.57 (49% below median its 10-year median of 3.06)
GF Value™: ₹8,157.16 vs. price of ₹5,298.00 (35.1% below fair value)
Industry Position: 5% above the Capital Markets median (#168 of 316)
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.
88GF Score
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