CCL International (BOM:531900) Cyclically Adjusted Revenue per Share: ₹27.81 (As of Mar. 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:531900 CCL International Ltd BOM:531900
67 GF Score
Price ₹24.49
GF Value ₹46.60
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is CCL International Cyclically Adjusted Revenue per Share?

CCL International BOM:531900 +10.12% 67 Cyclically Adjusted Revenue per Share is ₹27.81 as of Mar. 2026. GuruFocus rates BOM:531900 with a GF Score™ of 67/100 and a GF Value™ of ₹46.60 (Significantly Undervalued). The stock has 2 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.

CCL International's adjusted revenue per share for the three months ended in Mar. 2026 was ₹17.685. 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 ₹27.81 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CCL International's average Cyclically Adjusted Revenue Growth Rate was -15.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -11.50% 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 CCL International was -7.30% per year. The lowest was -11.50% per year. And the median was -9.40% per year.

As of today (2026-08-08), CCL International's current stock price is ₹24.49. CCL International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹27.81. CCL International's Cyclically Adjusted PS Ratio of today is 0.88.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CCL International was 1.03. The lowest was 0.33. And the median was 0.71.


CCL International  (BOM:531900) 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.

CCL International's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=24.49/27.81
=0.88

* 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 CCL International was 1.03. The lowest was 0.33. And the median was 0.71.


Be Aware

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


CCL International Cyclically Adjusted Revenue per Share Related Terms


CCL International Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for CCL International'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.

CCL International Cyclically Adjusted Revenue per Share Chart

CCL International 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 41.36 40.06 35.79 32.96 27.81

CCL International 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 32.96 31.54 30.63 28.83 27.81

BOM:531900 vs PWR, FIX, EME: Cyclically Adjusted Revenue per Share Comparison

For the Engineering & Construction subindustry, CCL International'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.


CCL International Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, CCL International's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:531900
67GF Score
CCL International Ltd BOM:531900
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CCL International 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, CCL International'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)
=17.685/164.2724*164.2724
=17.685

Current CPI (Mar. 2026) = 164.2724.

CCL International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 2.738 99.841 4.505
201509 7.583 101.753 12.242
201512 14.884 102.901 23.761
201603 15.491 102.518 24.822
201606 10.564 105.961 16.377
201609 4.035 105.961 6.255
201612 7.054 105.196 11.015
201703 12.537 105.196 19.578
201706 4.545 107.109 6.971
201803 0.000 109.786 0.000
201809 3.576 115.142 5.102
201903 0.000 118.202 0.000
201906 3.271 120.880 4.445
201909 2.021 123.175 2.695
201912 2.407 126.235 3.132
202003 5.057 124.705 6.662
202006 2.828 127.000 3.658
202009 2.491 130.118 3.145
202012 3.432 130.889 4.307
202103 6.456 131.771 8.048
202106 2.359 134.084 2.890
202109 0.001 135.847 0.001
202112 2.750 138.161 3.270
202203 8.325 138.822 9.851
202206 1.541 142.347 1.778
202209 2.467 144.661 2.801
202212 0.033 145.763 0.037
202303 4.513 146.865 5.048
202306 3.068 150.280 3.354
202309 1.698 151.492 1.841
202312 5.361 152.924 5.759
202403 8.626 153.035 9.259
202406 3.664 155.789 3.864
202409 0.237 157.882 0.247
202412 1.313 158.323 1.362
202503 18.789 157.552 19.590
202506 4.553 159.755 4.682
202509 2.606 162.289 2.638
202512 1.474 163.281 1.483
202603 17.685 164.272 17.685

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 ₹27.81 mean?
CCL International (BOM:531900) has a Cyclically Adjusted Revenue per Share of ₹27.81 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 CCL International and its competitors.
Is CCL International's Cyclically Adjusted Revenue per Share too high?
CCL International's current Cyclically Adjusted Revenue per Share is ₹27.81. Overall, CCL International has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CCL International's Cyclically Adjusted Revenue per Share compare to PWR and FIX?
CCL International's Cyclically Adjusted Revenue per Share of ₹27.81 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted Revenue per Share depends on the Construction 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 CCL International and its competitors. CCL International's current Cyclically Adjusted Revenue per Share is ₹27.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CCL International stock overvalued right now?
Based on GuruFocus' analysis, CCL International (BOM:531900) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹46.60, compared to a current price of ₹24.49 — trading 47.4% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹27.81. CCL International's overall GF Score™ is 67/100 with 2 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 CCL International (BOM:531900), the current Cyclically Adjusted Revenue per Share is ₹27.81 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 CCL International (BOM:531900) Overvalued in 2026?

Based on GuruFocus' analysis, CCL International stock appears to be undervalued. The current stock price of ₹24.49 is trading 47.4% below its estimated GF Value™ of ₹46.60. GuruFocus considers CCL International to be Significantly Undervalued.

Key valuation signals for BOM:531900:

  • Cyclically Adjusted Revenue per Share: ₹27.81
  • GF Value™: ₹46.60 vs. price of ₹24.49 (47.4% below fair value)
  • GF Score™: 67/100 with 2 warning signs

No single metric tells the full story. See the BOM:531900 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CCL International Business Description

Address Raj Nagar, C-42, RDC, Opposite Yes Bank, Ghaziabad, UP, IND, 201002
CCL International Ltd is an Indian company. The company is an infrastructure company engaged in executing main civil works, including roads, bridges, and highways in India. The company operates in two segments: Infrastructure and Trading. Substantial revenue for the company is generated from its work-contract operations of the Infrastructure segment.
67GF Score

Get the complete analysis for BOM:531900

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

₹24.49
Price
₹46.60
GF Value