eClerx Services (BOM:532927) Cyclically Adjusted Revenue per Share: ₹268.03 (As of Jun. 2026)

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BOM:532927 eClerx Services Ltd BOM:532927
94 GF Score
Price ₹1,823.55
GF Value ₹2,061.42
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is eClerx Services Cyclically Adjusted Revenue per Share?

eClerx Services BOM:532927 +0.51% 94 Cyclically Adjusted Revenue per Share is ₹268.03 as of Jun. 2026. GuruFocus rates BOM:532927 with a GF Score™ of 94/100 and a GF Value™ of ₹2,061.42 (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.

eClerx Services's adjusted revenue per share for the three months ended in Jun. 2026 was ₹123.481. 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 ₹268.03 for the trailing ten years ended in Jun. 2026.

During the past 12 months, eClerx Services's average Cyclically Adjusted Revenue Growth Rate was 17.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 15.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 15.40% 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 eClerx Services was 16.00% per year. The lowest was 12.70% per year. And the median was 15.25% per year.

As of today (2026-08-25), eClerx Services's current stock price is ₹1823.55. eClerx Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹268.03. eClerx Services's Cyclically Adjusted PS Ratio of today is 6.80.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of eClerx Services was 10.18. The lowest was 1.06. And the median was 5.50.


eClerx Services  (BOM:532927) 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.

eClerx Services's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1823.55/268.03
=6.80

* 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 eClerx Services was 10.18. The lowest was 1.06. And the median was 5.50.


Be Aware

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


eClerx Services Cyclically Adjusted Revenue per Share Related Terms


eClerx Services Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for eClerx Services'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.

eClerx Services Cyclically Adjusted Revenue per Share Chart

eClerx Services 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 140.38 165.47 190.90 218.91 255.22

eClerx Services Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 227.89 237.73 246.42 255.22 268.03

BOM:532927 vs IBM, ACN, FISV: Cyclically Adjusted Revenue per Share Comparison

For the Information Technology Services subindustry, eClerx Services'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.


eClerx Services Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, eClerx Services's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:532927
94GF Score
eClerx Services Ltd BOM:532927
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

eClerx Services 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, eClerx Services'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)
=123.481/167.3573*167.3573
=123.481

Current CPI (Jun. 2026) = 167.3573.

eClerx Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 26.881 105.961 42.456
201612 26.212 105.196 41.701
201703 27.541 105.196 43.815
201706 27.807 107.109 43.448
201709 27.655 109.021 42.453
201712 28.443 109.404 43.510
201803 30.574 109.786 46.607
201806 30.649 111.317 46.079
201809 31.172 115.142 45.308
201812 31.427 115.142 45.679
201903 29.285 118.202 41.463
201906 31.364 120.880 43.423
201909 32.918 123.175 44.726
201912 34.671 126.235 45.965
202003 32.249 124.705 43.279
202006 31.073 127.000 40.947
202009 34.919 130.118 44.913
202012 38.466 130.889 49.183
202103 45.863 131.771 58.249
202106 47.130 134.084 58.825
202109 50.151 135.847 61.784
202112 54.449 138.161 65.955
202203 58.308 138.822 70.293
202206 61.129 142.347 71.869
202209 64.375 144.661 74.475
202212 68.087 145.763 78.174
202303 69.731 146.865 79.461
202306 70.234 150.280 78.215
202309 73.917 151.492 81.658
202312 76.617 152.924 83.848
202403 77.645 153.035 84.912
202406 79.585 155.789 85.495
202409 86.447 157.882 91.635
202412 88.952 158.323 94.028
202503 93.865 157.552 99.707
202506 97.758 159.755 102.410
202509 104.492 162.289 107.755
202512 110.921 163.281 113.690
202603 117.182 164.272 119.383
202606 123.481 167.357 123.481

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 ₹268.03 mean?
eClerx Services (BOM:532927) has a Cyclically Adjusted Revenue per Share of ₹268.03 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 eClerx Services and its competitors.
Is eClerx Services' Cyclically Adjusted Revenue per Share too high?
eClerx Services' current Cyclically Adjusted Revenue per Share is ₹268.03. Overall, eClerx Services has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does eClerx Services' Cyclically Adjusted Revenue per Share compare to IBM and ACN?
eClerx Services' Cyclically Adjusted Revenue per Share of ₹268.03 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Revenue per Share depends on the Software 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 eClerx Services and its competitors. eClerx Services's current Cyclically Adjusted Revenue per Share is ₹268.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is eClerx Services stock overvalued right now?
Based on GuruFocus' analysis, eClerx Services (BOM:532927) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,061.42, compared to a current price of ₹1,823.55 — trading 11.5% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹268.03. eClerx Services' overall GF Score™ is 94/100 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 eClerx Services (BOM:532927), the current Cyclically Adjusted Revenue per Share is ₹268.03 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 eClerx Services (BOM:532927) Overvalued in 2026?

Based on GuruFocus' analysis, eClerx Services stock appears to be undervalued. The current stock price of ₹1,823.55 is trading 11.5% below its estimated GF Value™ of ₹2,061.42. GuruFocus considers eClerx Services to be Modestly Undervalued.

Key valuation signals for BOM:532927:

  • Cyclically Adjusted Revenue per Share: ₹268.03
  • GF Value™: ₹2,061.42 vs. price of ₹1,823.55 (11.5% below fair value)
  • GF Score™: 94/100 with 2 warning signs

No single metric tells the full story. See the BOM:532927 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


eClerx Services Business Description

Other Exchanges ECLERX:India
Address Nariman Point, 4th Floor, Express Towers, Mumbai, MH, IND, 400 021
eClerx Services Ltd provides a variety of information technology, or IT, and knowledge and business process outsourcing services. The firm's financial services include expense management and accounting and finance, digital marketing services that include customer relationship management and business intelligence, market intelligence, financial market operations, finance and accounting, and other services. The geographical segments of the company are North America, United Kingdom, Europe, and Asia Pacific.
94GF Score

Get the complete analysis for BOM:532927

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

₹1,823.55
Price
₹2,061.42
GF Value