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Inv. Banks / Inv. Cos. / Securities Cos.

CYAN Cyan Limited

Latest results: FY2024 · Dec 2024 Q3 FY2025 · Jul – Sep 2025

Valuation

Cyan Limited (CYAN) valuation

P/E · today
—
5-yr average6.5× Sector median6.1×
P/B · today
—
5-yr average1.06× Sector median1.02×
Dividend yield · today
—
5-yr average12.7% Payers' median4.6%
P/E history P/E at fiscal year-end 5-year average
P/E history 20.4× 10.2× 0.0× P/E at fiscal year-end FY15: 15.6× P/E at fiscal year-end FY16: 6.4× P/E at fiscal year-end FY19: 18.9× P/E at fiscal year-end FY20: 6.4× P/E at fiscal year-end FY21: 10.3× P/E at fiscal year-end FY23: 5.2× P/E at fiscal year-end FY24: 4.2× FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24

Valuation history

At each fiscal year-end price.

CYAN valuation history (annual) (Rs mn)
Rs mn FY2024 Jan – Dec 2024 FY2023 Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021 FY2020 Jan – Dec 2020 FY2019 Jan – Dec 2019 FY2018 Jan – Dec 2018 FY2017 Jan – Dec 2017 FY2016 Jan – Dec 2016 FY2015 Jan – Dec 2015 FY2014 Jan – Dec 2014 FY2013 Jan – Dec 2013 FY2012 Jan – Dec 2012 FY2011 Jan – Dec 2011 FY2010 Jan – Dec 2010 FY2009 Jan – Dec 2009 FY2008 Jan – Dec 2008 FY2007 Jan – Dec 2007 FY2006 Jan – Dec 2006 FY2005 Jan – Dec 2005
Market capitalisation 2,340.5 1,683.6 1,262.0 2,099.8 2,270.9 1,846.8 2,290.0 1,967.5 4,519.0 5,223.7 5,037.3 4,514.3 3,107.3 1,955.0 1,870.5 1,502.5 1,374.2 2,769.4 1,985.6 1,842.0
Share price (period end) Rs 38.02 27.35 20.50 34.11 36.89 30.00 37.20 31.96 73.41 84.86 81.83 73.33 50.48 31.76 30.39 24.41 22.32 44.99 32.26 29.92
P/E (diluted) 4.20× 5.19× — 10.32× 6.36× 18.86× — — 6.35× 15.59× 5.60× 3.84× 2.17× — 17.79× — 11.80× 1.01× 2.65× 9.18×
Price to book 1.19× 1.09× 1.02× 1.11× 0.93× 0.87× 1.25× 0.87× 1.42× 2.08× 1.10× 0.85× 0.70× 0.62× 0.48× 0.46× 0.33× 0.66× 1.34× 2.18×
Dividend yield (gross) 10.5% 0.0% 19.5% 32.2% 2.6% 0.0% 6.4% 0.0% 11.7% 47.7% 34.9% 10.4% 4.4% 2.1% 2.4% 2.6% 3.7% 3.3% 2.5% 2.1%
PEG ratio 0.06× 0.03× — (0.24×) 0.02× 0.13× — — 0.06× (0.25×) (0.24×) (0.22×) 0.00× — 0.16× — (0.12×) 0.00× 0.01× 0.24×
P/E (diluted, normalised) 25.03× 12.79× — 4.69× 17.88× 18.42× 11.36× 14.10× 13.01× 46.56× 9.27× 10.96× 2.49× 4.37× 11.62× — 10.51× 1.01× 2.65× 9.18×
Price to book — 5-year average 1.06× 0.99× 1.03× 0.99× 1.09× 1.33× 1.32× 1.19× 1.12× 0.99× 0.77× 0.64× 0.52× 0.51× 0.56× 0.68× 0.81× 1.10× 1.43× —
Dividend yield — 5-year average 12.7% 10.7% 11.6% 8.4% 5.7% 20.0% 25.9% 24.7% 24.0% 24.7% 14.9% 5.7% 3.2% 2.8% 2.9% 2.8% 3.5% 3.4% 4.6% —

CYAN valuation: frequently asked questions

What is CYAN's book value per share?

Cyan Limited's book value per share was Rs 31.98 at the end of FY2024.

Information only, not investment advice.