Bhagwati Oxygen (BOM:509449) Cyclically Adjusted Revenue per Share: ₹20.76 (As of Mar. 2026)

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BOM:509449 Bhagwati Oxygen Ltd BOM:509449
42 GF Score
Price ₹37.90
GF Value ₹29.14
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Bhagwati Oxygen Cyclically Adjusted Revenue per Share?

Bhagwati Oxygen BOM:509449 +0.74% 42 Cyclically Adjusted Revenue per Share is ₹20.76 as of Mar. 2026. GuruFocus rates BOM:509449 with a GF Score™ of 42/100 and a GF Value™ of ₹29.14 (Modestly Overvalued). 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.

Bhagwati Oxygen's adjusted revenue per share for the three months ended in Mar. 2026 was ₹0.026. 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 ₹20.76 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bhagwati Oxygen's average Cyclically Adjusted Revenue Growth Rate was -21.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -19.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -17.30% 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 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 Bhagwati Oxygen was -14.60% per year. The lowest was -19.90% per year. And the median was -17.40% per year.

As of today (2026-08-13), Bhagwati Oxygen's current stock price is ₹37.90. Bhagwati Oxygen's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹20.76. Bhagwati Oxygen's Cyclically Adjusted PS Ratio of today is 1.83.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Bhagwati Oxygen was 2.20. The lowest was 0.22. And the median was 1.19.


Bhagwati Oxygen  (BOM:509449) 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.

Bhagwati Oxygen's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=37.90/20.76
=1.83

* 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 Bhagwati Oxygen was 2.20. The lowest was 0.22. And the median was 1.19.


Be Aware

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


Bhagwati Oxygen Cyclically Adjusted Revenue per Share Related Terms


Bhagwati Oxygen Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Bhagwati Oxygen'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.

Bhagwati Oxygen Cyclically Adjusted Revenue per Share Chart

Bhagwati Oxygen 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 47.06 40.32 33.42 26.52 20.76

Bhagwati Oxygen Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 26.52 25.27 24.18 22.14 20.76

BOM:509449 vs LIN, SHW, ECL: Cyclically Adjusted Revenue per Share Comparison

For the Specialty Chemicals subindustry, Bhagwati Oxygen'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.


Bhagwati Oxygen Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Bhagwati Oxygen's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:509449
42GF Score
Bhagwati Oxygen Ltd BOM:509449
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bhagwati Oxygen 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, Bhagwati Oxygen's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.026/164.2724*164.2724
=0.026

Current CPI (Mar. 2026) = 164.2724.

Bhagwati Oxygen Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 10.139 105.961 15.719
201609 9.562 105.961 14.824
201612 12.386 105.196 19.342
201703 11.297 105.196 17.641
201706 9.052 107.109 13.883
201709 8.485 109.021 12.785
201712 9.379 109.404 14.083
201803 9.643 109.786 14.429
201806 4.582 111.317 6.762
201809 13.726 115.142 19.583
201812 9.945 115.142 14.188
201903 4.905 118.202 6.817
201906 6.236 120.880 8.475
201909 2.762 123.175 3.684
201912 3.796 126.235 4.940
202003 0.115 124.705 0.151
202006 0.531 127.000 0.687
202009 0.868 130.118 1.096
202012 0.279 130.889 0.350
202103 0.034 131.771 0.042
202106 0.626 134.084 0.767
202109 2.794 135.847 3.379
202112 0.636 138.161 0.756
202203 0.571 138.822 0.676
202206 0.805 142.347 0.929
202209 1.242 144.661 1.410
202212 0.581 145.763 0.655
202303 0.328 146.865 0.367
202306 1.342 150.280 1.467
202309 1.002 151.492 1.087
202312 0.115 152.924 0.124
202403 0.671 153.035 0.720
202406 1.015 155.789 1.070
202409 1.322 157.882 1.376
202412 1.128 158.323 1.170
202503 0.037 157.552 0.039
202506 0.625 159.755 0.643
202509 1.261 162.289 1.276
202512 0.195 163.281 0.196
202603 0.026 164.272 0.026

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 ₹20.76 mean?
Bhagwati Oxygen (BOM:509449) has a Cyclically Adjusted Revenue per Share of ₹20.76 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Bhagwati Oxygen and its competitors.
Is Bhagwati Oxygen's Cyclically Adjusted Revenue per Share too high?
Bhagwati Oxygen's current Cyclically Adjusted Revenue per Share is ₹20.76. Overall, Bhagwati Oxygen has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bhagwati Oxygen's Cyclically Adjusted Revenue per Share compare to LIN and SHW?
Bhagwati Oxygen's Cyclically Adjusted Revenue per Share of ₹20.76 can be compared against companies in the Chemicals 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 Chemicals company?
A good Cyclically Adjusted Revenue per Share depends on the Chemicals 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 Bhagwati Oxygen and its competitors. Bhagwati Oxygen's current Cyclically Adjusted Revenue per Share is ₹20.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhagwati Oxygen stock overvalued right now?
Based on GuruFocus' analysis, Bhagwati Oxygen (BOM:509449) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹29.14, compared to a current price of ₹37.90 — trading 30.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹20.76. Bhagwati Oxygen's overall GF Score™ is 42/100 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 Bhagwati Oxygen (BOM:509449), the current Cyclically Adjusted Revenue per Share is ₹20.76 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 Bhagwati Oxygen (BOM:509449) Overvalued in 2026?

Based on GuruFocus' analysis, Bhagwati Oxygen stock appears to be overvalued. The current stock price of ₹37.90 is trading 30.1% above its estimated GF Value™ of ₹29.14. GuruFocus considers Bhagwati Oxygen to be Modestly Overvalued.

Key valuation signals for BOM:509449:

  • Cyclically Adjusted Revenue per Share: ₹20.76
  • GF Value™: ₹29.14 vs. price of ₹37.90 (30.1% above fair value)
  • GF Score™: 42/100 with 5 warning signs

No single metric tells the full story. See the BOM:509449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bhagwati Oxygen Business Description

Address Plot No. 5, Sector 25, Ballabgarh, HR, IND, 121004
Bhagwati Oxygen Ltd is a manufacturing and engineering company with a core focus on industrial gas manufacturing, technology, systems, and equipment. It operates in two reporting segments: Gases and Power.
42GF Score

Get the complete analysis for BOM:509449

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

₹37.90
Price
₹29.14
GF Value