Manipal Finance (BOM:507938) Cyclically Adjusted Revenue per Share: ₹0.26 (As of Jun. 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.

BOM:507938 Manipal Finance Corp Ltd BOM:507938
31 GF Score
Price ₹16.81
GF Value ₹9.64
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Manipal Finance Cyclically Adjusted Revenue per Share?

Manipal Finance BOM:507938 +5.00% 31 Cyclically Adjusted Revenue per Share is ₹0.26 as of Jun. 2026. GuruFocus rates BOM:507938 with a GF Score™ of 31/100 and a GF Value™ of ₹9.64 (Significantly Overvalued). The stock has 3 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.

Manipal Finance's adjusted revenue per share for the three months ended in Jun. 2026 was ₹0.051. 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 ₹0.26 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.40% 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 Manipal Finance was -2.40% per year. The lowest was -12.60% per year. And the median was -3.70% per year.

As of today (2026-09-01), Manipal Finance's current stock price is ₹16.81. Manipal Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹0.26. Manipal Finance's Cyclically Adjusted PS Ratio of today is 64.65.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Manipal Finance was 90.38. The lowest was 12.16. And the median was 23.71.


Manipal Finance  (BOM:507938) 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.

Manipal Finance's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=16.81/0.26
=64.65

* 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 Manipal Finance was 90.38. The lowest was 12.16. And the median was 23.71.


Be Aware

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


Manipal Finance Cyclically Adjusted Revenue per Share Related Terms


Manipal Finance Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Manipal Finance'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.

Manipal Finance Cyclically Adjusted Revenue per Share Chart

Manipal Finance 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 0.28 0.28 0.28 0.25 0.26

Manipal Finance 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 0.26 0.26 0.26 0.26 0.26

BOM:507938 vs V, MA, AXP: Cyclically Adjusted Revenue per Share Comparison

For the Credit Services subindustry, Manipal Finance'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.


Manipal Finance Cyclically Adjusted PS Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Manipal Finance's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:507938
31GF Score
Manipal Finance Corp Ltd BOM:507938
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manipal Finance 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, Manipal Finance'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)
=0.051/167.3573*167.3573
=0.051

Current CPI (Jun. 2026) = 167.3573.

Manipal Finance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 0.000 105.196 0.000
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 0.056 109.786 0.085
201806 0.035 111.317 0.053
201809 0.052 115.142 0.076
201812 0.057 115.142 0.083
201903 0.070 118.202 0.099
201906 0.051 120.880 0.071
201909 0.057 123.175 0.077
201912 0.073 126.235 0.097
202003 0.074 124.705 0.099
202006 0.027 127.000 0.036
202009 0.108 130.118 0.139
202012 0.097 130.889 0.124
202103 0.005 131.771 0.006
202106 0.062 134.084 0.077
202109 0.071 135.847 0.087
202112 0.070 138.161 0.085
202203 -0.029 138.822 -0.035
202206 0.027 142.347 0.032
202209 0.066 144.661 0.076
202212 0.050 145.763 0.057
202303 0.056 146.865 0.064
202306 0.049 150.280 0.055
202309 0.051 151.492 0.056
202312 0.048 152.924 0.053
202403 0.057 153.035 0.062
202406 0.052 155.789 0.056
202409 0.055 157.882 0.058
202412 0.055 158.323 0.058
202503 0.055 157.552 0.058
202506 0.057 159.755 0.060
202509 0.047 162.289 0.048
202512 0.058 163.281 0.059
202603 0.057 164.272 0.058
202606 0.051 167.357 0.051

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 ₹0.26 mean?
Manipal Finance (BOM:507938) has a Cyclically Adjusted Revenue per Share of ₹0.26 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 Manipal Finance and its competitors.
Is Manipal Finance's Cyclically Adjusted Revenue per Share too high?
Manipal Finance's current Cyclically Adjusted Revenue per Share is ₹0.26. Overall, Manipal Finance has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manipal Finance's Cyclically Adjusted Revenue per Share compare to V and MA?
Manipal Finance's Cyclically Adjusted Revenue per Share of ₹0.26 can be compared against companies in the Credit Services 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 Credit Services company?
A good Cyclically Adjusted Revenue per Share depends on the Credit Services 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 Manipal Finance and its competitors. Manipal Finance's current Cyclically Adjusted Revenue per Share is ₹0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manipal Finance stock overvalued right now?
Based on GuruFocus' analysis, Manipal Finance (BOM:507938) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹9.64, compared to a current price of ₹16.81 — trading 74.4% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹0.26. Manipal Finance's overall GF Score™ is 31/100 with 3 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 Manipal Finance (BOM:507938), the current Cyclically Adjusted Revenue per Share is ₹0.26 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 Manipal Finance (BOM:507938) Overvalued in 2026?

Based on GuruFocus' analysis, Manipal Finance stock appears to be overvalued. The current stock price of ₹16.81 is trading 74.4% above its estimated GF Value™ of ₹9.64. GuruFocus considers Manipal Finance to be Significantly Overvalued.

Key valuation signals for BOM:507938:

  • Cyclically Adjusted Revenue per Share: ₹0.26
  • GF Value™: ₹9.64 vs. price of ₹16.81 (74.4% above fair value)
  • GF Score™: 31/100 with 3 warning signs

No single metric tells the full story. See the BOM:507938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Manipal Finance Business Description

Address Manipal House, District Udupi, Manipal, KA, IND, 576104
Manipal Finance Corp Ltd is an Indian-based Non-banking finance company. The company is engaged in the business of Hire Purchase and Lease Finance. The company generates revenue from Rental income, Dividend income, and Interest income.
31GF Score

Get the complete analysis for BOM:507938

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

₹16.81
Price
₹9.64
GF Value