Eastern Treads (BOM:531346) Cyclically Adjusted Revenue per Share: ₹181.74 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:531346 Eastern Treads Ltd BOM:531346
48 GF Score
Price ₹29.50
GF Value ₹39.22
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Eastern Treads Cyclically Adjusted Revenue per Share?

Eastern Treads BOM:531346 -1.99% 48 Cyclically Adjusted Revenue per Share is ₹181.74 as of Mar. 2026. GuruFocus rates BOM:531346 with a GF Score™ of 48/100 and a GF Value™ of ₹39.22 (Modestly Undervalued). The stock has 6 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.

Eastern Treads's adjusted revenue per share for the three months ended in Mar. 2026 was ₹25.712. 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 ₹181.74 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Eastern Treads's average Cyclically Adjusted Revenue Growth Rate was -3.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -4.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.50% 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 Eastern Treads was -1.10% per year. The lowest was -4.20% per year. And the median was -2.80% per year.

As of today (2026-08-24), Eastern Treads's current stock price is ₹29.50. Eastern Treads's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹181.74. Eastern Treads's Cyclically Adjusted PS Ratio of today is 0.16.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Eastern Treads was 0.32. The lowest was 0.14. And the median was 0.19.


Eastern Treads  (BOM:531346) 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.

Eastern Treads's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=29.50/181.74
=0.16

* 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 Eastern Treads was 0.32. The lowest was 0.14. And the median was 0.19.


Be Aware

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


Eastern Treads Cyclically Adjusted Revenue per Share Related Terms


Eastern Treads Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Eastern Treads'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.

Eastern Treads Cyclically Adjusted Revenue per Share Chart

Eastern Treads 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 205.16 206.41 198.14 188.34 181.74

Eastern Treads 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 188.34 188.07 187.88 185.34 181.74

BOM:531346 vs ORLY, AZO: Cyclically Adjusted Revenue per Share Comparison

For the Auto Parts subindustry, Eastern Treads'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.


Eastern Treads Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Eastern Treads's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:531346
48GF Score
Eastern Treads Ltd BOM:531346
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eastern Treads 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, Eastern Treads'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)
=25.712/164.2724*164.2724
=25.712

Current CPI (Mar. 2026) = 164.2724.

Eastern Treads Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 45.412 105.961 70.403
201609 39.649 105.961 61.468
201612 42.639 105.196 66.584
201703 49.697 105.196 77.606
201706 53.479 107.109 82.021
201709 40.597 109.021 61.171
201712 38.294 109.404 57.499
201803 42.487 109.786 63.573
201806 50.591 111.317 74.658
201809 42.708 115.142 60.931
201812 44.832 115.142 63.962
201903 43.961 118.202 61.095
201906 40.709 120.880 55.322
201909 39.584 123.175 52.791
201912 38.725 126.235 50.394
202003 27.889 124.705 36.738
202006 26.880 127.000 34.769
202009 34.110 130.118 43.063
202012 36.313 130.889 45.575
202103 34.259 131.771 42.709
202106 28.206 134.084 34.556
202109 43.135 135.847 52.161
202112 29.806 138.161 35.439
202203 39.378 138.822 46.597
202206 32.265 142.347 37.235
202209 25.323 144.661 28.756
202212 29.399 145.763 33.132
202303 24.626 146.865 27.545
202306 27.801 150.280 30.389
202309 29.562 151.492 32.056
202312 28.138 152.924 30.226
202403 24.859 153.035 26.684
202406 27.168 155.789 28.647
202409 27.236 157.882 28.338
202412 30.601 158.323 31.751
202503 29.731 157.552 30.999
202506 32.110 159.755 33.018
202509 30.763 162.289 31.139
202512 30.546 163.281 30.732
202603 25.712 164.272 25.712

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 ₹181.74 mean?
Eastern Treads (BOM:531346) has a Cyclically Adjusted Revenue per Share of ₹181.74 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 Eastern Treads and its competitors.
Is Eastern Treads' Cyclically Adjusted Revenue per Share too high?
Eastern Treads' current Cyclically Adjusted Revenue per Share is ₹181.74. Overall, Eastern Treads has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eastern Treads' Cyclically Adjusted Revenue per Share compare to ORLY and AZO?
Eastern Treads' Cyclically Adjusted Revenue per Share of ₹181.74 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted Revenue per Share depends on the Vehicles & Parts 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 Eastern Treads and its competitors. Eastern Treads's current Cyclically Adjusted Revenue per Share is ₹181.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastern Treads stock overvalued right now?
Based on GuruFocus' analysis, Eastern Treads (BOM:531346) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹39.22, compared to a current price of ₹29.50 — trading 24.8% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹181.74. Eastern Treads' overall GF Score™ is 48/100 with 6 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 Eastern Treads (BOM:531346), the current Cyclically Adjusted Revenue per Share is ₹181.74 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 Eastern Treads (BOM:531346) Overvalued in 2026?

Based on GuruFocus' analysis, Eastern Treads stock appears to be undervalued. The current stock price of ₹29.50 is trading 24.8% below its estimated GF Value™ of ₹39.22. GuruFocus considers Eastern Treads to be Modestly Undervalued.

Key valuation signals for BOM:531346:

  • Cyclically Adjusted Revenue per Share: ₹181.74
  • GF Value™: ₹39.22 vs. price of ₹29.50 (24.8% below fair value)
  • GF Score™: 48/100 with 6 warning signs

No single metric tells the full story. See the BOM:531346 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eastern Treads Business Description

Address NH Bypass, 3A, Eastern Corporate Office, 34/137 E, 3rd Floor, Edappally, Ernakulam, Kochi, KL, IND, 682024
Eastern Treads Ltd is engaged in the business of manufacturing and dealing with tread rubber, rubber-based adhesives, tyre retreading accessories, and retreading services. Its product portfolio includes Precured Tread Rubber, Bonding Gum, Repair Patches, Hot Rubber Slab and Camel Back Treads, and Black Vulcanising Cement. Geographically, it operates in India.
48GF Score

Get the complete analysis for BOM:531346

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

₹29.50
Price
₹39.22
GF Value