VST Industries (BOM:509966) Cyclically Adjusted Revenue per Share: ₹88.61 (As of Jun. 2026)

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BOM:509966 VST Industries Ltd BOM:509966
72 GF Score
Price ₹203.25
GF Value ₹323.66
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is VST Industries Cyclically Adjusted Revenue per Share?

VST Industries BOM:509966 -0.39% 72 Cyclically Adjusted Revenue per Share is ₹88.61 as of Jun. 2026. GuruFocus rates BOM:509966 with a GF Score™ of 72/100 and a GF Value™ of ₹323.66 (Significantly Undervalued). 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.

VST Industries's adjusted revenue per share for the three months ended in Jun. 2026 was ₹15.098. 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 ₹88.61 for the trailing ten years ended in Jun. 2026.

During the past 12 months, VST Industries's average Cyclically Adjusted Revenue Growth Rate was 4.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.90% 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 VST Industries was 5.50% per year. The lowest was 4.30% per year. And the median was 5.25% per year.

As of today (2026-09-16), VST Industries's current stock price is ₹203.25. VST Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹88.61. VST Industries's Cyclically Adjusted PS Ratio of today is 2.29.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of VST Industries was 5.88. The lowest was 2.32. And the median was 4.01.


VST Industries  (BOM:509966) 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.

VST Industries's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=203.25/88.61
=2.29

* 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 VST Industries was 5.88. The lowest was 2.32. And the median was 4.01.


Be Aware

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


VST Industries Cyclically Adjusted Revenue per Share Related Terms


VST Industries Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for VST Industries'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.

VST Industries Cyclically Adjusted Revenue per Share Chart

VST Industries 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 71.13 76.15 79.98 82.65 86.46

VST Industries 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 84.97 86.38 87.09 87.77 88.61

BOM:509966 vs PM, MO, TPB: Cyclically Adjusted Revenue per Share Comparison

For the Tobacco subindustry, VST Industries'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.


VST Industries Cyclically Adjusted PS Ratio vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, VST Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:509966
72GF Score
VST Industries Ltd BOM:509966
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VST Industries 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, VST Industries'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)
=15.098/167.3573*167.3573
=15.098

Current CPI (Jun. 2026) = 167.3573.

VST Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 13.221 105.961 20.882
201612 13.768 105.196 21.904
201703 12.976 105.196 20.644
201706 12.337 107.109 19.277
201709 12.946 109.021 19.873
201712 14.069 109.404 21.522
201803 16.433 109.786 25.050
201806 14.316 111.317 21.523
201809 17.086 115.142 24.834
201812 17.249 115.142 25.071
201903 16.050 118.202 22.725
201906 17.937 120.880 24.834
201909 19.017 123.175 25.838
201912 21.692 126.235 28.758
202003 17.163 124.705 23.033
202006 14.489 127.000 19.093
202009 17.681 130.118 22.741
202012 16.890 130.889 21.596
202103 16.373 131.771 20.795
202106 16.210 134.084 20.233
202109 15.990 135.847 19.699
202112 19.344 138.161 23.432
202203 17.817 138.822 21.479
202206 17.719 142.347 20.832
202209 20.250 144.661 23.427
202212 20.355 145.763 23.371
202303 17.764 146.865 20.243
202306 19.621 150.280 21.851
202309 20.578 151.492 22.733
202312 21.346 152.924 23.361
202403 22.080 153.035 24.147
202406 18.917 155.789 20.322
202409 21.196 157.882 22.468
202412 21.615 158.323 22.848
202503 20.560 157.552 21.840
202506 17.538 159.755 18.373
202509 19.788 162.289 20.406
202512 21.986 163.281 22.535
202603 26.908 164.272 27.413
202606 15.098 167.357 15.098

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 ₹88.61 mean?
VST Industries (BOM:509966) has a Cyclically Adjusted Revenue per Share of ₹88.61 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 VST Industries and its competitors.
Is VST Industries' Cyclically Adjusted Revenue per Share too high?
VST Industries' current Cyclically Adjusted Revenue per Share is ₹88.61. Overall, VST Industries has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VST Industries' Cyclically Adjusted Revenue per Share compare to PM and MO?
VST Industries' Cyclically Adjusted Revenue per Share of ₹88.61 can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Cyclically Adjusted Revenue per Share depends on the Tobacco Products 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 VST Industries and its competitors. VST Industries's current Cyclically Adjusted Revenue per Share is ₹88.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VST Industries stock overvalued right now?
Based on GuruFocus' analysis, VST Industries (BOM:509966) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹323.66, compared to a current price of ₹203.25 — trading 37.2% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹88.61. VST Industries' overall GF Score™ is 72/100 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 VST Industries (BOM:509966), the current Cyclically Adjusted Revenue per Share is ₹88.61 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 VST Industries (BOM:509966) Overvalued in 2026?

Based on GuruFocus' analysis, VST Industries stock appears to be undervalued. The current stock price of ₹203.25 is trading 37.2% below its estimated GF Value™ of ₹323.66. GuruFocus considers VST Industries to be Significantly Undervalued.

Key valuation signals for BOM:509966:

  • Cyclically Adjusted Revenue per Share: ₹88.61
  • GF Value™: ₹323.66 vs. price of ₹203.25 (37.2% below fair value)
  • GF Score™: 72/100 with 4 warning signs

No single metric tells the full story. See the BOM:509966 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VST Industries Business Description

Other Exchanges VSTIND:India
Address 1-7-1063/1065, P.O. Box No. 1804, Azamabad, Hyderabad, TG, IND, 500 020
VST Industries Ltd manufactures and distributes cigarettes and unmanufactured tobacco under the brand names Charms, Charminar, Gold, Moments, and Zaffran. The company operates its business out of India. In terms of revenue from operations, a majority comes from the sale of cigarettes and the remainder generally comes from the sale of unmanufactured tobacco. It has a single operating segment which is. Tobacco and related products. Geographical segments consist of sales within India and sales outside of India with a majority derived from India.
72GF Score

Get the complete analysis for BOM:509966

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

₹203.25
Price
₹323.66
GF Value