Scan Projects (BOM:531797) Cyclically Adjusted Revenue per Share: ₹26.12 (As of Dec. 2025)

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BOM:531797 Scan Projects Ltd BOM:531797
73 GF Score
Price ₹127.80
GF Value ₹103.03
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Scan Projects Cyclically Adjusted Revenue per Share?

Scan Projects BOM:531797 -4.98% 73 Cyclically Adjusted Revenue per Share is ₹26.12 as of Dec. 2025. GuruFocus rates BOM:531797 with a GF Score™ of 73/100 and a GF Value™ of ₹103.03 (Modestly Overvalued). 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.

Scan Projects's adjusted revenue per share for the three months ended in Dec. 2025 was ₹16.490. 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 ₹26.12 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Scan Projects's average Cyclically Adjusted Revenue Growth Rate was 6.80% 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.

As of today (2026-08-20), Scan Projects's current stock price is ₹127.80. Scan Projects's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was ₹26.12. Scan Projects's Cyclically Adjusted PS Ratio of today is 4.89.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Scan Projects was 6.66. The lowest was 2.35. And the median was 3.47.


Scan Projects  (BOM:531797) 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.

Scan Projects's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=127.80/26.12
=4.89

* 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 12 years, the highest Cyclically Adjusted PS Ratio of Scan Projects was 6.66. The lowest was 2.35. And the median was 3.47.


Be Aware

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


Scan Projects Cyclically Adjusted Revenue per Share Related Terms


Scan Projects Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Scan Projects'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.

Scan Projects Cyclically Adjusted Revenue per Share Chart

Scan Projects Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 23.87

Scan Projects Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 24.45 23.87 24.27 25.27 26.12

BOM:531797 vs GEV, ETN, PH: Cyclically Adjusted Revenue per Share Comparison

For the Specialty Industrial Machinery subindustry, Scan Projects'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.


Scan Projects Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


BOM:531797
73GF Score
Scan Projects Ltd BOM:531797
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Scan Projects 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, Scan Projects's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=16.49/163.2808*163.2808
=16.490

Current CPI (Dec. 2025) = 163.2808.

Scan Projects Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 4.203 99.841 6.874
201509 0.719 101.753 1.154
201603 5.397 102.518 8.596
201606 4.222 105.961 6.506
201609 0.000 105.961 0.000
201703 0.000 105.196 0.000
201709 2.160 109.021 3.235
201712 3.015 109.404 4.500
201803 6.442 109.786 9.581
201806 2.244 111.317 3.292
201809 2.216 115.142 3.142
201812 2.165 115.142 3.070
201903 7.696 118.202 10.631
201906 2.846 120.880 3.844
201909 2.471 123.175 3.276
201912 2.895 126.235 3.745
202003 2.612 124.705 3.420
202006 1.054 127.000 1.355
202009 2.324 130.118 2.916
202012 3.523 130.889 4.395
202103 3.844 131.771 4.763
202106 3.109 134.084 3.786
202109 5.330 135.847 6.406
202112 6.514 138.161 7.698
202203 5.351 138.822 6.294
202206 5.758 142.347 6.605
202209 5.182 144.661 5.849
202212 2.879 145.763 3.225
202303 5.192 146.865 5.772
202306 7.125 150.280 7.741
202309 5.925 151.492 6.386
202312 4.612 152.924 4.924
202403 10.696 153.035 11.412
202406 8.114 155.789 8.504
202409 11.367 157.882 11.756
202412 11.500 158.323 11.860
202503 10.366 157.552 10.743
202506 9.480 159.755 9.689
202509 14.636 162.289 14.725
202512 16.490 163.281 16.490

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 ₹26.12 mean?
Scan Projects (BOM:531797) has a Cyclically Adjusted Revenue per Share of ₹26.12 as of Dec. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Scan Projects and its competitors.
Is Scan Projects' Cyclically Adjusted Revenue per Share too high?
Scan Projects' current Cyclically Adjusted Revenue per Share is ₹26.12. Overall, Scan Projects has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Scan Projects' Cyclically Adjusted Revenue per Share compare to GEV and ETN?
Scan Projects' Cyclically Adjusted Revenue per Share of ₹26.12 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 Scan Projects and its competitors. Scan Projects's current Cyclically Adjusted Revenue per Share is ₹26.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scan Projects stock overvalued right now?
Based on GuruFocus' analysis, Scan Projects (BOM:531797) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹103.03, compared to a current price of ₹127.80 — trading 24% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹26.12. Scan Projects' overall GF Score™ is 73/100 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 Scan Projects (BOM:531797), the current Cyclically Adjusted Revenue per Share is ₹26.12 as of Dec. 2025. 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 Scan Projects (BOM:531797) Overvalued in 2026?

Based on GuruFocus' analysis, Scan Projects stock appears to be overvalued. The current stock price of ₹127.80 is trading 24% above its estimated GF Value™ of ₹103.03. GuruFocus considers Scan Projects to be Modestly Overvalued.

Key valuation signals for BOM:531797:

  • Cyclically Adjusted Revenue per Share: ₹26.12
  • GF Value™: ₹103.03 vs. price of ₹127.80 (24% above fair value)
  • GF Score™: 73/100 with 4 warning signs

No single metric tells the full story. See the BOM:531797 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Scan Projects Business Description

Address Delhi Road, 1, Village Jorian, Yamuna Nagar, HR, IND, 135001
Scan Projects Ltd is engaged in providing engineering services for erection, commissioning and supervision of custom designed and engineered critical equipment and systems to the core sector industries like cement, fertilizers and renewal power energy etc. and Trading of fabricating material, machinery parts and other items.
73GF Score

Get the complete analysis for BOM:531797

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

₹127.80
Price
₹103.03
GF Value