SPR Auto Technologies (NSE:SHRIPISTON) Cyclically Adjusted FCF per Share: ₹49.45 (As of Mar. 2026)

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:SHRIPISTON SPR Auto Technologies Ltd NSE:SHRIPISTON
83 GF Score
Price ₹4,394.40
GF Value ₹3,209.63
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is SPR Auto Technologies Cyclically Adjusted FCF per Share?

SPR Auto Technologies NSE:SHRIPISTON -1.81% 83 Cyclically Adjusted FCF per Share is ₹49.45 as of Mar. 2026. GuruFocus rates NSE:SHRIPISTON with a GF Score™ of 83/100 and a GF Value™ of ₹3,209.63 (Significantly Overvalued). The stock has 10 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

SPR Auto Technologies's adjusted free cash flow per share data for the fiscal year that ended in Mar. 2026 was ₹98.461. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ₹49.45 for the trailing ten years ended in Mar. 2026.

During the past 12 months, SPR Auto Technologies's average Cyclically Adjusted FCF Growth Rate was 10.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2026-07-23), SPR Auto Technologies's current stock price is ₹ 4394.40. SPR Auto Technologies's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar. 2026 was ₹49.45. SPR Auto Technologies's Cyclically Adjusted Price-to-FCF of today is 88.87.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of SPR Auto Technologies was 84.88. The lowest was 39.53. And the median was 53.19.


SPR Auto Technologies  (NSE:SHRIPISTON) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

SPR Auto Technologies's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4394.40/49.45
=88.87

* 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.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of SPR Auto Technologies was 84.88. The lowest was 39.53. And the median was 53.19.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


SPR Auto Technologies Cyclically Adjusted FCF per Share Related Terms


SPR Auto Technologies Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for SPR Auto Technologies's Cyclically Adjusted FCF per Share 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.

SPR Auto Technologies Cyclically Adjusted FCF per Share Chart

SPR Auto Technologies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 40.74 44.84 49.45

SPR Auto Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share 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 44.84 0.00 0.00 0.00 49.45

NSE:SHRIPISTON vs ORLY, AZO: Cyclically Adjusted FCF per Share Comparison

For the Auto Parts subindustry, SPR Auto Technologies's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


SPR Auto Technologies Cyclically Adjusted Price-to-FCF vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SPR Auto Technologies's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where SPR Auto Technologies's Cyclically Adjusted Price-to-FCF falls into.


NSE:SHRIPISTON
83GF Score
SPR Auto Technologies Ltd NSE:SHRIPISTON
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SPR Auto Technologies Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, SPR Auto Technologies's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=98.461/164.2724*164.2724
=98.461

Current CPI (Mar. 2026) = 164.2724.

SPR Auto Technologies Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201703 23.722 105.196 37.044
201803 22.944 109.786 34.331
201903 -4.594 118.202 -6.385
202003 27.766 124.705 36.576
202103 32.143 131.771 40.071
202203 35.408 138.822 41.899
202303 60.799 146.865 68.005
202403 77.246 153.035 82.918
202503 59.056 157.552 61.575
202603 98.461 164.272 98.461

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of ₹49.45 mean?
SPR Auto Technologies (NSE:SHRIPISTON) has a Cyclically Adjusted FCF per Share of ₹49.45 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on SPR Auto Technologies and its competitors.
Is SPR Auto Technologies' Cyclically Adjusted FCF per Share too high?
SPR Auto Technologies' current Cyclically Adjusted FCF per Share is ₹49.45. Overall, SPR Auto Technologies has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPR Auto Technologies' Cyclically Adjusted FCF per Share compare to ORLY and AZO?
SPR Auto Technologies' Cyclically Adjusted FCF per Share of ₹49.45 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Vehicles & Parts company?
A good Cyclically Adjusted FCF per Share depends on the Vehicles & Parts industry context. However, Cyclically Adjusted FCF per Share 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 Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on SPR Auto Technologies and its competitors. SPR Auto Technologies's current Cyclically Adjusted FCF per Share is ₹49.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPR Auto Technologies stock overvalued right now?
Based on GuruFocus' analysis, SPR Auto Technologies (NSE:SHRIPISTON) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,209.63, compared to a current price of ₹4,394.40 — trading 36.9% above its estimated fair value. The current Cyclically Adjusted FCF per Share is ₹49.45. SPR Auto Technologies' overall GF Score™ is 83/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For SPR Auto Technologies (NSE:SHRIPISTON), the current Cyclically Adjusted FCF per Share is ₹49.45 as of Mar. 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 SPR Auto Technologies (NSE:SHRIPISTON) Overvalued in 2026?

Based on GuruFocus' analysis, SPR Auto Technologies stock appears to be overvalued. The current stock price of ₹4,394.40 is trading 36.9% above its estimated GF Value™ of ₹3,209.63. GuruFocus considers SPR Auto Technologies to be Significantly Overvalued.

Key valuation signals for NSE:SHRIPISTON:

  • Cyclically Adjusted FCF per Share: ₹49.45
  • GF Value™: ₹3,209.63 vs. price of ₹4,394.40 (36.9% above fair value)
  • GF Score™: 83/100 with 10 warning signs

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


SPR Auto Technologies Business Description

Other Exchanges 544344:India
Address 23, Kasturba Gandhi Marg, 3rd Floor, Himalaya House, New Delhi, IND, 110 001
SPR Auto Technologies Ltd, formerly known as Shriram Pistons & Rings Ltd, is engaged in the business of manufacturing and marketing its automotive component. The company's product portfolio comprises Pistons, Piston Pins, Piston Rings, and Engine Valves. Its product is used by passenger commercial vehicles, cars, two-wheelers, tractors, and stationary engines. The company derives revenue mainly from sales in the domestic market.
83GF Score

Get the complete analysis for NSE:SHRIPISTON

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹4,394.40
Price
₹3,209.63
GF Value