Shivagrico Implements (BOM:522237) Cyclically Adjusted Revenue per Share: ₹84.99 (As of Mar. 2026)

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BOM:522237 Shivagrico Implements Ltd BOM:522237
62 GF Score
Price ₹23.00
GF Value ₹27.13
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Shivagrico Implements Cyclically Adjusted Revenue per Share?

Shivagrico Implements BOM:522237 -1.29% 62 Cyclically Adjusted Revenue per Share is ₹84.99 as of Mar. 2026. GuruFocus rates BOM:522237 with a GF Score™ of 62/100 and a GF Value™ of ₹27.13 (Modestly 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.

Shivagrico Implements's adjusted revenue per share for the three months ended in Mar. 2026 was ₹24.135. 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 ₹84.99 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Shivagrico Implements's average Cyclically Adjusted Revenue Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.10% 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 Shivagrico Implements was 4.60% per year. The lowest was 3.20% per year. And the median was 3.80% per year.

As of today (2026-08-03), Shivagrico Implements's current stock price is ₹23.00. Shivagrico Implements's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹84.99. Shivagrico Implements's Cyclically Adjusted PS Ratio of today is 0.27.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Shivagrico Implements was 0.45. The lowest was 0.07. And the median was 0.27.


Shivagrico Implements  (BOM:522237) 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.

Shivagrico Implements's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=23.00/84.99
=0.27

* 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 Shivagrico Implements was 0.45. The lowest was 0.07. And the median was 0.27.


Be Aware

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


Shivagrico Implements Cyclically Adjusted Revenue per Share Related Terms


Shivagrico Implements Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Shivagrico Implements'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.

Shivagrico Implements Cyclically Adjusted Revenue per Share Chart

Shivagrico Implements 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 72.61 74.32 76.06 79.76 84.99

Shivagrico Implements 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 79.76 81.57 83.02 84.10 84.99

BOM:522237 vs SNA, RBC, SWK: Cyclically Adjusted Revenue per Share Comparison

For the Tools & Accessories subindustry, Shivagrico Implements'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.


Shivagrico Implements Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shivagrico Implements's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:522237
62GF Score
Shivagrico Implements Ltd BOM:522237
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shivagrico Implements 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, Shivagrico Implements'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)
=24.135/164.2724*164.2724
=24.135

Current CPI (Mar. 2026) = 164.2724.

Shivagrico Implements Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 18.152 105.961 28.141
201609 10.898 105.961 16.895
201612 10.176 105.196 15.891
201703 13.070 105.196 20.410
201706 11.142 107.109 17.088
201709 8.677 109.021 13.074
201712 11.861 109.404 17.810
201803 10.882 109.786 16.283
201806 11.204 111.317 16.534
201809 12.432 115.142 17.737
201812 13.135 115.142 18.740
201903 10.451 118.202 14.524
201906 12.736 120.880 17.308
201909 11.422 123.175 15.233
201912 14.987 126.235 19.503
202003 9.166 124.705 12.074
202006 11.080 127.000 14.332
202009 19.975 130.118 25.218
202012 28.128 130.889 35.302
202103 21.517 131.771 26.824
202106 18.436 134.084 22.587
202109 33.112 135.847 40.041
202112 22.918 138.161 27.249
202203 14.634 138.822 17.317
202206 22.813 142.347 26.327
202209 20.633 144.661 23.430
202212 25.106 145.763 28.294
202303 12.393 146.865 13.862
202306 18.865 150.280 20.621
202309 22.922 151.492 24.856
202312 20.199 152.924 21.698
202403 17.433 153.035 18.713
202406 15.658 155.789 16.511
202409 22.473 157.882 23.383
202412 24.442 158.323 25.360
202503 24.530 157.552 25.576
202506 23.381 159.755 24.042
202509 22.263 162.289 22.535
202512 24.249 163.281 24.396
202603 24.135 164.272 24.135

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 ₹84.99 mean?
Shivagrico Implements (BOM:522237) has a Cyclically Adjusted Revenue per Share of ₹84.99 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 Shivagrico Implements and its competitors.
Is Shivagrico Implements' Cyclically Adjusted Revenue per Share too high?
Shivagrico Implements' current Cyclically Adjusted Revenue per Share is ₹84.99. Overall, Shivagrico Implements has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shivagrico Implements' Cyclically Adjusted Revenue per Share compare to SNA and RBC?
Shivagrico Implements' Cyclically Adjusted Revenue per Share of ₹84.99 can be compared against companies in the Industrial 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 an Industrial Products company?
A good Cyclically Adjusted Revenue per Share depends on the Industrial 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 Shivagrico Implements and its competitors. Shivagrico Implements's current Cyclically Adjusted Revenue per Share is ₹84.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shivagrico Implements stock overvalued right now?
Based on GuruFocus' analysis, Shivagrico Implements (BOM:522237) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹27.13, compared to a current price of ₹23.00 — trading 15.2% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹84.99. Shivagrico Implements' overall GF Score™ is 62/100 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 Shivagrico Implements (BOM:522237), the current Cyclically Adjusted Revenue per Share is ₹84.99 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 Shivagrico Implements (BOM:522237) Overvalued in 2026?

Based on GuruFocus' analysis, Shivagrico Implements stock appears to be undervalued. The current stock price of ₹23.00 is trading 15.2% below its estimated GF Value™ of ₹27.13. GuruFocus considers Shivagrico Implements to be Modestly Undervalued.

Key valuation signals for BOM:522237:

  • Cyclically Adjusted Revenue per Share: ₹84.99
  • GF Value™: ₹27.13 vs. price of ₹23.00 (15.2% below fair value)
  • GF Score™: 62/100 with 4 warning signs

No single metric tells the full story. See the BOM:522237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shivagrico Implements Business Description

Address 281, Tardeo Road, A-1, Ground Floor, Adinath Apartments, Mumbai, MH, IND, 400 007
Shivagrico Implements Ltd mainly deals in the rolling and forging of agricultural implements and other products. Its product portfolio comprises hot-rolled flats, bars, rounds, angles, and more, for both market sales as well as for captive self-consumption. In addition, it offers various hand tools and implements such as pickaxes of different types, crowbars, digging bars, hoes, pick mattocks, etc. The company is engaged in a single operating segment, the Rolling and Forging division. Geographically, the company derives maximum revenue from its business in India, and also has some exposure to overseas markets.
62GF Score

Get the complete analysis for BOM:522237

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

₹23.00
Price
₹27.13
GF Value