UltraTech Cement (BOM:532538) Cyclically Adjusted Revenue per Share: ₹ (As of Jun. 2026)

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BOM:532538 UltraTech Cement Ltd BOM:532538
95 GF Score
Price ₹10,670.00
GF Value ₹13,932.57
Valuation Modestly Undervalued
! 2 Warning Signs
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What is UltraTech Cement Cyclically Adjusted Revenue per Share?

UltraTech Cement BOM:532538 -1.48% 95 Cyclically Adjusted Revenue per Share is ₹ as of Jun. 2026. GuruFocus rates BOM:532538 with a GF Score™ of 95/100 and a GF Value™ of ₹13,932.57 (Modestly 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.

UltraTech Cement's adjusted revenue per share for the three months ended in Jun. 2026 was ₹837.417. 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 for the trailing ten years ended in Jun. 2026.

During the past 12 months, UltraTech Cement's average Cyclically Adjusted Revenue Growth Rate was 13.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.30% 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 UltraTech Cement was 10.90% per year. The lowest was 9.90% per year. And the median was 10.20% per year.

As of today (2026-09-20), UltraTech Cement's current stock price is ₹10670.00. UltraTech Cement's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was . UltraTech Cement's Cyclically Adjusted PS Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PS Ratio of UltraTech Cement was 6.48. The lowest was 3.52. And the median was 5.20.


UltraTech Cement  (BOM:532538) 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of UltraTech Cement was 6.48. The lowest was 3.52. And the median was 5.20.


Be Aware

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


UltraTech Cement Cyclically Adjusted Revenue per Share Related Terms


UltraTech Cement Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for UltraTech Cement'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.

UltraTech Cement Cyclically Adjusted Revenue per Share Chart

UltraTech Cement Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Revenue per Share
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UltraTech Cement Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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BOM:532538 vs CRH, MLM, VMC: Cyclically Adjusted Revenue per Share Comparison

For the Building Materials subindustry, UltraTech Cement'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.


UltraTech Cement Cyclically Adjusted PS Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, UltraTech Cement's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:532538
95GF Score
UltraTech Cement Ltd BOM:532538
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UltraTech Cement 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, UltraTech Cement'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)
=837.417/167.3573*167.3573
=837.417

Current CPI (Jun. 2026) = 167.3573.

UltraTech Cement Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 210.138 105.961 331.897
201612 218.392 105.196 347.442
201703 255.682 105.196 406.767
201706 256.137 107.109 400.214
201709 247.218 109.021 379.501
201712 287.586 109.404 439.926
201803 338.200 109.786 515.549
201806 328.748 111.317 494.252
201809 322.908 115.142 469.343
201812 380.562 115.142 553.142
201903 432.381 118.202 612.190
201906 395.798 120.880 547.980
201909 333.233 123.175 452.762
201912 361.793 126.235 479.650
202003 376.228 124.705 504.907
202006 265.908 127.000 350.406
202009 360.145 130.118 463.218
202012 425.053 130.889 543.481
202103 499.222 131.771 634.045
202106 409.931 134.084 511.656
202109 416.438 135.847 513.033
202112 450.061 138.161 545.169
202203 546.409 138.822 658.726
202206 525.639 142.347 617.992
202209 481.638 144.661 557.203
202212 537.996 145.763 617.699
202303 646.930 146.865 737.199
202306 614.855 150.280 684.725
202309 555.167 151.492 613.308
202312 580.395 152.924 635.173
202403 707.934 153.035 774.191
202406 639.153 155.789 686.615
202409 553.410 157.882 586.622
202412 603.818 158.323 638.274
202503 783.415 157.552 832.173
202506 722.690 159.755 757.080
202509 666.099 162.289 686.900
202512 741.657 163.281 760.173
202603 876.630 164.272 893.092
202606 837.417 167.357 837.417

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 ₹ mean?
UltraTech Cement (BOM:532538) has a Cyclically Adjusted Revenue per Share of ₹ 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 UltraTech Cement and its competitors.
Is UltraTech Cement's Cyclically Adjusted Revenue per Share too high?
UltraTech Cement's current Cyclically Adjusted Revenue per Share is ₹. Overall, UltraTech Cement has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does UltraTech Cement's Cyclically Adjusted Revenue per Share compare to CRH and MLM?
UltraTech Cement's Cyclically Adjusted Revenue per Share of ₹ can be compared against companies in the Building Materials 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 Building Materials company?
A good Cyclically Adjusted Revenue per Share depends on the Building Materials 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 UltraTech Cement and its competitors. UltraTech Cement's current Cyclically Adjusted Revenue per Share is ₹. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UltraTech Cement stock overvalued right now?
Based on GuruFocus' analysis, UltraTech Cement (BOM:532538) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹13,932.57, compared to a current price of ₹10,670.00 — trading 23.4% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹. UltraTech Cement's overall GF Score™ is 95/100 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 UltraTech Cement (BOM:532538), the current Cyclically Adjusted Revenue per Share is ₹ 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 UltraTech Cement (BOM:532538) Overvalued in 2026?

Based on GuruFocus' analysis, UltraTech Cement stock appears to be undervalued. The current stock price of ₹10,670.00 is trading 23.4% below its estimated GF Value™ of ₹13,932.57. GuruFocus considers UltraTech Cement to be Modestly Undervalued.

Key valuation signals for BOM:532538:

  • Cyclically Adjusted Revenue per Share:
  • GF Value™: ₹13,932.57 vs. price of ₹10,670.00 (23.4% below fair value)
  • GF Score™: 95/100 with 2 warning signs

No single metric tells the full story. See the BOM:532538 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


UltraTech Cement Business Description

Other Exchanges ULTRACEMCO:India
Address Mahakali Caves Road, B Wing, Ahura Centre, 2nd Floor, Andheri (East), Mumbai, MH, IND, 400093
UltraTech Cement Ltd produces and sells cement and cement-related products. The company generates the vast majority of its revenue in India. The company's product portfolio includes Ordinary Portland cement, Portland blast-furnace slag cement, and Portland Pozzolana cement. Ordinary Portland cement is used for a wide range of applications including concrete products, masonry, and plastering. The firm's customers are in the building and construction industries. Geographically, it operates in India as well as in other countries, of which India derives key revenue.
95GF Score

Get the complete analysis for BOM:532538

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

₹10,670.00
Price
₹13,932.57
GF Value