Modern Dairies (BOM:519287) Cyclically Adjusted Revenue per Share: ₹239.01 (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:519287 Modern Dairies Ltd BOM:519287
56 GF Score
Price ₹42.87
GF Value ₹40.38
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Modern Dairies Cyclically Adjusted Revenue per Share?

Modern Dairies BOM:519287 +19.98% 56 Cyclically Adjusted Revenue per Share is ₹239.01 as of Jun. 2026. GuruFocus rates BOM:519287 with a GF Score™ of 56/100 and a GF Value™ of ₹40.38 (Fairly Valued). 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.

Modern Dairies's adjusted revenue per share for the three months ended in Jun. 2026 was ₹31.604. 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 ₹239.01 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Modern Dairies's average Cyclically Adjusted Revenue Growth Rate was -3.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -6.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -6.20% 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 Modern Dairies was -5.90% per year. The lowest was -6.60% per year. And the median was -6.20% per year.

As of today (2026-09-15), Modern Dairies's current stock price is ₹42.87. Modern Dairies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹239.01. Modern Dairies's Cyclically Adjusted PS Ratio of today is 0.18.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Modern Dairies was 0.27. The lowest was 0.01. And the median was 0.08.


Modern Dairies  (BOM:519287) 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.

Modern Dairies's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=42.87/239.01
=0.18

* 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 Modern Dairies was 0.27. The lowest was 0.01. And the median was 0.08.


Be Aware

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


Modern Dairies Cyclically Adjusted Revenue per Share Related Terms


Modern Dairies Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Modern Dairies'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.

Modern Dairies Cyclically Adjusted Revenue per Share Chart

Modern Dairies 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 307.80 290.64 272.44 250.92 239.62

Modern Dairies 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 247.91 246.82 244.36 239.62 239.01

BOM:519287 vs KHC, GIS: Cyclically Adjusted Revenue per Share Comparison

For the Packaged Foods subindustry, Modern Dairies'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.


Modern Dairies Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Modern Dairies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:519287
56GF Score
Modern Dairies Ltd BOM:519287
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Modern Dairies 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, Modern Dairies'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)
=31.604/167.3573*167.3573
=31.604

Current CPI (Jun. 2026) = 167.3573.

Modern Dairies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 49.598 105.961 78.336
201612 47.132 105.196 74.983
201703 48.260 105.196 76.777
201706 51.921 107.109 81.127
201709 47.260 109.021 72.548
201712 48.260 109.404 73.824
201803 52.618 109.786 80.210
201806 59.604 111.317 89.611
201809 59.354 115.142 86.270
201812 64.646 115.142 93.962
201903 63.584 118.202 90.026
201906 68.976 120.880 95.497
201909 86.136 123.175 117.033
201912 89.082 126.235 118.101
202003 83.174 124.705 111.622
202006 70.824 127.000 93.330
202009 82.909 130.118 106.637
202012 73.217 130.889 93.617
202103 34.154 131.771 43.378
202106 30.495 134.084 38.062
202109 25.383 135.847 31.271
202112 26.498 138.161 32.098
202203 20.895 138.822 25.190
202206 18.834 142.347 22.143
202209 18.173 144.661 21.024
202212 21.182 145.763 24.320
202303 34.627 146.865 39.459
202306 35.746 150.280 39.808
202309 34.557 151.492 38.176
202312 42.879 152.924 46.926
202403 41.280 153.035 45.143
202406 40.382 155.789 43.381
202409 31.602 157.882 33.499
202412 38.062 158.323 40.234
202503 32.585 157.552 34.613
202506 28.463 159.755 29.817
202509 29.058 162.289 29.965
202512 33.799 163.281 34.643
202603 31.228 164.272 31.814
202606 31.604 167.357 31.604

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 ₹239.01 mean?
Modern Dairies (BOM:519287) has a Cyclically Adjusted Revenue per Share of ₹239.01 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 Modern Dairies and its competitors.
Is Modern Dairies' Cyclically Adjusted Revenue per Share too high?
Modern Dairies' current Cyclically Adjusted Revenue per Share is ₹239.01. Overall, Modern Dairies has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Modern Dairies' Cyclically Adjusted Revenue per Share compare to KHC and GIS?
Modern Dairies' Cyclically Adjusted Revenue per Share of ₹239.01 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Revenue per Share depends on the Consumer Packaged Goods 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 Modern Dairies and its competitors. Modern Dairies's current Cyclically Adjusted Revenue per Share is ₹239.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Dairies stock overvalued right now?
Based on GuruFocus' analysis, Modern Dairies (BOM:519287) is currently considered Fairly Valued. The stock's GF Value™ is ₹40.38, compared to a current price of ₹42.87 — trading 6.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹239.01. Modern Dairies' overall GF Score™ is 56/100 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 Modern Dairies (BOM:519287), the current Cyclically Adjusted Revenue per Share is ₹239.01 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 Modern Dairies (BOM:519287) Overvalued in 2026?

Based on GuruFocus' analysis, Modern Dairies stock appears to be overvalued. The current stock price of ₹42.87 is trading 6.2% above its estimated GF Value™ of ₹40.38. GuruFocus considers Modern Dairies to be Fairly Valued.

Key valuation signals for BOM:519287:

  • Cyclically Adjusted Revenue per Share: ₹239.01
  • GF Value™: ₹40.38 vs. price of ₹42.87 (6.2% above fair value)
  • GF Score™: 56/100 with 4 warning signs

No single metric tells the full story. See the BOM:519287 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Modern Dairies Business Description

Address SCO 98-99, Sub City Centre, Sector 34, Chandigarh, IND, 160022
Modern Dairies Ltd is engaged in the business of manufacturing and processing milk and milk products. Its products include casein, lactose, skimmed milk powder, cheese, butter, pure ghee, and premix. The company caters to both domestic and international markets. It has also launched fresh dairy products like milk in sachets, Curd, fermented milk products, and cheese in its own brand.
56GF Score

Get the complete analysis for BOM:519287

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

₹42.87
Price
₹40.38
GF Value