Central Depository Services (India) (NSE:CDSL) GF Value Rank: 9 (As of Aug. 13, 2026) — 13% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NSE:CDSL Central Depository Services (India) Ltd NSE:CDSL
100 GF Score
Price ₹1,339.00
GF Value ₹1,644.58
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Central Depository Services (India) GF Value Rank?

Central Depository Services (India) NSE:CDSL -0.59% 100 GF Value Rank is 9 as of Aug. 13, 2026, which is 13% above its 10-year median of 8.00. GuruFocus rates NSE:CDSL with a GF Score™ of 100/100 and a GF Value™ of ₹1,644.58 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Central Depository Services (India) has the GF Value Rank of 9.

GF Value Rank evaluates the exclusive GuruFocus valuation and performance of a stock, rated on a scale from 1 to 10. It is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

A higher score indicates a stock with a relatively low valuation and substantial potential for outperformance. Conversely, a lower score often reflects stocks that are either highly overvalued or deeply undervalued, both of which tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Central Depository Services (India) GF Value Rank Related Terms


NSE:CDSL vs MS, GS, SCHW: GF Value Rank Comparison

For the Capital Markets subindustry, Central Depository Services (India)'s GF Value Rank, along with its competitors' market caps and GF Value Rank 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) GF Value Rank vs Capital Markets Industry

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

* The bar in red indicates where Central Depository Services (India)'s GF Value Rank falls into.


NSE:CDSL
100GF Score
Central Depository Services (India) Ltd NSE:CDSL
GF Value Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about GF Value Rank →
What does a GF Value Rank of 9 mean?
Central Depository Services (India) (NSE:CDSL) has a GF Value Rank of 9 as of Aug. 13, 2026. GF Value Rank is given based on historical multiples along with past returns, growth and future estimates of the business' performance. View historical data on Central Depository Services (India) and its competitors. This is 13% above median its historical median of 8.00. Over the past decade, Central Depository Services (India)'s GF Value Rank has ranged from 3.00 to 10.00.
Is Central Depository Services (India)'s GF Value Rank too high?
Central Depository Services (India)'s current GF Value Rank of 9 is 13% above median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 10.00. Overall, Central Depository Services (India) has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Central Depository Services (India)'s GF Value Rank compare to MS and GS?
Central Depository Services (India)'s GF Value Rank of 9 can be compared against companies in the Capital Markets industry. Historically, Central Depository Services (India)'s own GF Value Rank has ranged from 3.00 to 10.00 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 GF Value Rank for a Capital Markets company?
A good GF Value Rank depends on the Capital Markets industry context. However, GF Value Rank 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 GF Value Rank mean?
A high GF Value Rank can signal that a stock is expensive relative to its fundamentals. GF Value Rank is given based on historical multiples along with past returns, growth and future estimates of the business' performance. View historical data on Central Depository Services (India) and its competitors. Central Depository Services (India)'s current GF Value Rank is 9, which is 13% above median its own 10-year median of 8.00. 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 ₹1,644.58, compared to a current price of ₹1,339.00 — trading 18.6% below its estimated fair value. The current GF Value Rank is 9, which is 13% above median its 10-year median of 8.00. Central Depository Services (India)'s overall GF Score™ is 100/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is GF Value Rank calculated?
GF Value Rank is calculated from a company's financial statements. For Central Depository Services (India) (NSE:CDSL), the current GF Value Rank is 9 as of Aug. 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 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 ₹1,339.00 is trading 18.6% below its estimated GF Value™ of ₹1,644.58. GuruFocus considers Central Depository Services (India) to be Modestly Undervalued.

Key valuation signals for NSE:CDSL:

  • GF Value Rank: 9 (13% above median its 10-year median of 8.00)
  • GF Value™: ₹1,644.58 vs. price of ₹1,339.00 (18.6% below fair value)
  • GF Score™: 100/100 with 3 warning signs

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.
100GF Score

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

₹1,339.00
Price
₹1,644.58
GF Value