Nelco (BOM:504112) Cyclically Adjusted Revenue per Share: ₹132.66 (As of Jun. 2026)

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BOM:504112 Nelco Ltd BOM:504112
67 GF Score
Price ₹906.35
GF Value ₹820.51
Valuation Fairly Valued
! 5 Warning Signs
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What is Nelco Cyclically Adjusted Revenue per Share?

Nelco BOM:504112 -1.00% 67 Cyclically Adjusted Revenue per Share is ₹132.66 as of Jun. 2026. GuruFocus rates BOM:504112 with a GF Score™ of 67/100 and a GF Value™ of ₹820.51 (Fairly Valued). The stock has 5 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.

Nelco's adjusted revenue per share for the three months ended in Jun. 2026 was ₹34.885. 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 ₹132.66 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Nelco's average Cyclically Adjusted Revenue Growth Rate was 7.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.50% 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 Nelco was 7.70% per year. The lowest was 7.40% per year. And the median was 7.50% per year.

As of today (2026-08-23), Nelco's current stock price is ₹906.35. Nelco's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹132.66. Nelco's Cyclically Adjusted PS Ratio of today is 6.83.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nelco was 12.18. The lowest was 2.03. And the median was 6.80.


Nelco  (BOM:504112) 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.

Nelco's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=906.35/132.66
=6.83

* 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 Nelco was 12.18. The lowest was 2.03. And the median was 6.80.


Be Aware

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


Nelco Cyclically Adjusted Revenue per Share Related Terms


Nelco Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Nelco'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.

Nelco Cyclically Adjusted Revenue per Share Chart

Nelco 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 95.44 104.12 112.03 119.15 129.08

Nelco 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 122.51 125.43 127.24 129.08 132.66

BOM:504112 vs CSCO, MSI, HPE: Cyclically Adjusted Revenue per Share Comparison

For the Communication Equipment subindustry, Nelco'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.


Nelco Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Nelco's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:504112
67GF Score
Nelco Ltd BOM:504112
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nelco 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, Nelco'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)
=34.885/167.3573*167.3573
=34.885

Current CPI (Jun. 2026) = 167.3573.

Nelco Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 17.560 105.961 27.735
201612 15.775 105.196 25.097
201703 16.230 105.196 25.820
201706 16.263 107.109 25.411
201709 15.842 109.021 24.319
201712 16.285 109.404 24.911
201803 17.084 109.786 26.043
201806 21.458 111.317 32.261
201809 19.796 115.142 28.773
201812 19.810 115.142 28.794
201903 22.549 118.202 31.926
201906 21.350 120.880 29.559
201909 23.463 123.175 31.879
201912 24.705 126.235 32.753
202003 26.845 124.705 36.027
202006 21.800 127.000 28.727
202009 23.253 130.118 29.908
202012 25.597 130.889 32.729
202103 28.495 131.771 36.191
202106 24.153 134.084 30.147
202109 26.829 135.847 33.052
202112 31.509 138.161 38.168
202203 31.403 138.822 37.858
202206 35.821 142.347 42.115
202209 33.079 144.661 38.269
202212 32.513 145.763 37.330
202303 35.722 146.865 40.706
202306 34.517 150.280 38.439
202309 33.543 151.492 37.056
202312 36.410 152.924 39.846
202403 35.731 153.035 39.075
202406 32.491 155.789 34.904
202409 36.241 157.882 38.416
202412 35.386 158.323 37.405
202503 29.623 157.552 31.467
202506 32.824 159.755 34.386
202509 32.577 162.289 33.594
202512 34.215 163.281 35.069
202603 34.869 164.272 35.524
202606 34.885 167.357 34.885

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 ₹132.66 mean?
Nelco (BOM:504112) has a Cyclically Adjusted Revenue per Share of ₹132.66 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 Nelco and its competitors.
Is Nelco's Cyclically Adjusted Revenue per Share too high?
Nelco's current Cyclically Adjusted Revenue per Share is ₹132.66. Overall, Nelco has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nelco's Cyclically Adjusted Revenue per Share compare to CSCO and MSI?
Nelco's Cyclically Adjusted Revenue per Share of ₹132.66 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Revenue per Share depends on the Hardware 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 Nelco and its competitors. Nelco's current Cyclically Adjusted Revenue per Share is ₹132.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nelco stock overvalued right now?
Based on GuruFocus' analysis, Nelco (BOM:504112) is currently considered Fairly Valued. The stock's GF Value™ is ₹820.51, compared to a current price of ₹906.35 — trading 10.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹132.66. Nelco's overall GF Score™ is 67/100 with 5 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 Nelco (BOM:504112), the current Cyclically Adjusted Revenue per Share is ₹132.66 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 Nelco (BOM:504112) Overvalued in 2026?

Based on GuruFocus' analysis, Nelco stock appears to be overvalued. The current stock price of ₹906.35 is trading 10.5% above its estimated GF Value™ of ₹820.51. GuruFocus considers Nelco to be Fairly Valued.

Key valuation signals for BOM:504112:

  • Cyclically Adjusted Revenue per Share: ₹132.66
  • GF Value™: ₹820.51 vs. price of ₹906.35 (10.5% above fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the BOM:504112 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nelco Business Description

Other Exchanges NELCO:India
Address EL-6, TTC Industrial Area, MIDC Electronics Zone, Mahape, Navi Mumbai, MH, IND, 400 710
Nelco Ltd is in the business of providing domestic satellite communication services to close user group (CUG) networks via Satellite System on non-exclusive basis within the territorial boundary of India under the VSAT, ISP and other Licenses and authorisation granted by Department of Telecommunications, Government of India. The company operates in a single reportable segment, namely Network Systems, comprising Satellite Communication (Satcom) Services, which include equipment sales, maintenance, and other allied services. The group earns revenue from providing Satellite communication connectivity systems and solutions through sale of goods, providing installation and annual maintenance services, renting of goods, Integrated Security & Surveillance services.
67GF Score

Get the complete analysis for BOM:504112

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

₹906.35
Price
₹820.51
GF Value