Garware Offshore Services (BOM:501848) Cyclically Adjusted Revenue per Share: ₹51.25 (As of Jun. 2026)

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BOM:501848 Garware Offshore Services Ltd BOM:501848
53 GF Score
Price ₹49.98
GF Value ₹75.59
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Garware Offshore Services Cyclically Adjusted Revenue per Share?

Garware Offshore Services BOM:501848 +1.38% 53 Cyclically Adjusted Revenue per Share is ₹51.25 as of Jun. 2026. GuruFocus rates BOM:501848 with a GF Score™ of 53/100 and a GF Value™ of ₹75.59 (Possible Value Trap). The stock has 4 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Garware Offshore Services's adjusted revenue per share for the three months ended in Jun. 2026 was ₹3.821. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ₹51.25 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Garware Offshore Services's average Cyclically Adjusted Revenue Growth Rate was -30.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -21.40% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Garware Offshore Services was -13.30% per year. The lowest was -21.40% per year. And the median was -17.35% per year.

As of today (2026-08-30), Garware Offshore Services's current stock price is ₹49.98. Garware Offshore Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹51.25. Garware Offshore Services's Cyclically Adjusted PS Ratio of today is 0.98.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Garware Offshore Services was 1.42. The lowest was 0.18. And the median was 0.48.


Garware Offshore Services  (BOM:501848) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Garware Offshore Services's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=49.98/51.25
=0.98

* 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 13 years, the highest Cyclically Adjusted PS Ratio of Garware Offshore Services was 1.42. The lowest was 0.18. And the median was 0.48.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Garware Offshore Services Cyclically Adjusted Revenue per Share Related Terms


Garware Offshore Services Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Garware Offshore Services's Cyclically Adjusted Revenue 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.

Garware Offshore Services Cyclically Adjusted Revenue per Share Chart

Garware Offshore Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 121.79 115.75 104.27 79.31 56.18

Garware Offshore Services Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue 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 74.12 68.55 62.60 56.18 51.25

Garware Offshore Services Cyclically Adjusted Revenue per Share Competitor Comparison

For the Marine Shipping subindustry, Garware Offshore Services's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Garware Offshore Services Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Garware Offshore Services's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Garware Offshore Services's Cyclically Adjusted PS Ratio falls into.


BOM:501848
53GF Score
Garware Offshore Services Ltd BOM:501848
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Garware Offshore Services Cyclically Adjusted Revenue 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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, Garware Offshore Services's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.821/167.3573*167.3573
=3.821

Current CPI (Jun. 2026) = 167.3573.

Garware Offshore Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 34.200 102.901 55.623
201603 35.500 102.518 57.952
201606 22.076 105.961 34.867
201609 16.018 105.961 25.299
201612 11.143 105.196 17.728
201703 16.179 105.196 25.739
201803 0.000 109.786 0.000
201806 12.770 111.317 19.199
201809 12.579 115.142 18.283
201812 12.261 115.142 17.821
201903 14.058 118.202 19.904
201906 11.470 120.880 15.880
201909 12.694 123.175 17.247
201912 12.078 126.235 16.012
202003 13.076 124.705 17.548
202006 7.349 127.000 9.684
202009 7.146 130.118 9.191
202012 8.124 130.889 10.388
202103 8.784 131.771 11.156
202106 7.428 134.084 9.271
202109 5.933 135.847 7.309
202112 5.904 138.161 7.152
202203 7.482 138.822 9.020
202206 8.105 142.347 9.529
202209 5.118 144.661 5.921
202212 2.586 145.763 2.969
202303 4.815 146.865 5.487
202306 5.183 150.280 5.772
202309 4.361 151.492 4.818
202312 3.198 152.924 3.500
202403 0.250 153.035 0.273
202406 3.392 155.789 3.644
202409 2.856 157.882 3.027
202412 3.107 158.323 3.284
202503 3.063 157.552 3.254
202506 1.391 159.755 1.457
202509 2.210 162.289 2.279
202512 3.979 163.281 4.078
202603 4.254 164.272 4.334
202606 3.821 167.357 3.821

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of ₹51.25 mean?
Garware Offshore Services (BOM:501848) has a Cyclically Adjusted Revenue per Share of ₹51.25 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Garware Offshore Services and its competitors.
Is Garware Offshore Services' Cyclically Adjusted Revenue per Share too high?
Garware Offshore Services' current Cyclically Adjusted Revenue per Share is ₹51.25. Overall, Garware Offshore Services has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Garware Offshore Services' Cyclically Adjusted Revenue per Share compare to competitors?
Garware Offshore Services' Cyclically Adjusted Revenue per Share of ₹51.25 can be compared against companies in the Transportation 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 Revenue per Share for a Transportation company?
A good Cyclically Adjusted Revenue per Share depends on the Transportation industry context. However, Cyclically Adjusted Revenue 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 Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Garware Offshore Services and its competitors. Garware Offshore Services's current Cyclically Adjusted Revenue per Share is ₹51.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garware Offshore Services stock overvalued right now?
Based on GuruFocus' analysis, Garware Offshore Services (BOM:501848) is currently considered Possible Value Trap. The stock's GF Value™ is ₹75.59, compared to a current price of ₹49.98 — trading 33.9% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹51.25. Garware Offshore Services' overall GF Score™ is 53/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Garware Offshore Services (BOM:501848), the current Cyclically Adjusted Revenue per Share is ₹51.25 as of Jun. 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 Garware Offshore Services (BOM:501848) Overvalued in 2026?

Based on GuruFocus' analysis, Garware Offshore Services stock appears to be undervalued. The current stock price of ₹49.98 is trading 33.9% below its estimated GF Value™ of ₹75.59. GuruFocus considers Garware Offshore Services to be Possible Value Trap.

Key valuation signals for BOM:501848:

  • Cyclically Adjusted Revenue per Share: ₹51.25
  • GF Value™: ₹75.59 vs. price of ₹49.98 (33.9% below fair value)
  • GF Score™: 53/100 with 4 warning signs

No single metric tells the full story. See the BOM:501848 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Garware Offshore Services Business Description

Address D.N. Road, 3rd Floor, Prospect Chambers, Fort, Bazargate, Mumbai, MH, IND, 400001
Garware Offshore Services Ltd, formerly known as Global Offshore Services Ltd, is an Indian firm engaged in providing offshore support services to exploration and production companies. The company's vessels support oil and gas exploration efforts involving: the transport of personnel to rigs/platforms from onshore bases and vice-versa, delivery of cargo/material to rigs/platforms, anchor handling operations, towing of rigs from one location to another, support to offshore/underwater construction projects, the platform supply vessels owned and operated by the company and its subsidiaries are deployed in India, the North Sea, Brazil, and West Africa. The charter hire segment constitutes the majority of the company's revenue.
53GF Score

Get the complete analysis for BOM:501848

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

₹49.98
Price
₹75.59
GF Value