Waaree Renewable Technologies (BOM:534618) Cyclically Adjusted Revenue per Share: ₹75.09 (As of Jun. 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:534618 Waaree Renewable Technologies Ltd BOM:534618
65 GF Score
Price ₹874.80
! 4 Warning Signs
View Full Analysis

What is Waaree Renewable Technologies Cyclically Adjusted Revenue per Share?

Waaree Renewable Technologies BOM:534618 +1.75% 65 Cyclically Adjusted Revenue per Share is ₹75.09 as of Jun. 2026. GuruFocus rates BOM:534618 with a GF Score™ of 65/100. 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.

Waaree Renewable Technologies's adjusted revenue per share for the three months ended in Jun. 2026 was ₹88.437. 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 ₹75.09 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Waaree Renewable Technologies's average Cyclically Adjusted Revenue Growth Rate was 102.60% 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 (2026-08-27), Waaree Renewable Technologies's current stock price is ₹874.80. Waaree Renewable Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹75.09. Waaree Renewable Technologies's Cyclically Adjusted PS Ratio of today is 11.65.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Waaree Renewable Technologies was 176.75. The lowest was 11.66. And the median was 32.22.


Waaree Renewable Technologies  (BOM:534618) 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.

Waaree Renewable Technologies's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=874.80/75.09
=11.65

* 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 Waaree Renewable Technologies was 176.75. The lowest was 11.66. And the median was 32.22.


Be Aware

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


Waaree Renewable Technologies Cyclically Adjusted Revenue per Share Related Terms


Waaree Renewable Technologies Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Waaree Renewable Technologies'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.

Waaree Renewable Technologies Cyclically Adjusted Revenue per Share Chart

Waaree Renewable Technologies 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 0.00 0.00 15.55 30.48 64.79

Waaree Renewable Technologies 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 36.82 45.00 53.62 64.79 75.09

BOM:534618 vs PWR, FIX, EME: Cyclically Adjusted Revenue per Share Comparison

For the Engineering & Construction subindustry, Waaree Renewable Technologies'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.


Waaree Renewable Technologies Cyclically Adjusted PS Ratio vs Construction Industry

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

* The bar in red indicates where Waaree Renewable Technologies's Cyclically Adjusted PS Ratio falls into.


BOM:534618
65GF Score
Waaree Renewable Technologies Ltd BOM:534618
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Waaree Renewable Technologies 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, Waaree Renewable Technologies'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)
=88.437/167.3573*167.3573
=88.437

Current CPI (Jun. 2026) = 167.3573.

Waaree Renewable Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.015 102.901 0.024
201603 0.090 102.518 0.147
201606 0.029 105.961 0.046
201609 0.028 105.961 0.044
201612 -0.020 105.196 -0.032
201703 0.020 105.196 0.032
201706 0.104 107.109 0.162
201709 0.050 109.021 0.077
201712 0.064 109.404 0.098
201803 0.032 109.786 0.049
201903 0.000 118.202 0.000
201906 0.209 120.880 0.289
201909 0.122 123.175 0.166
201912 0.173 126.235 0.229
202003 0.071 124.705 0.095
202006 0.089 127.000 0.117
202009 0.090 130.118 0.116
202012 0.260 130.889 0.332
202103 0.814 131.771 1.034
202106 2.717 134.084 3.391
202109 1.085 135.847 1.337
202112 4.403 138.161 5.333
202203 7.457 138.822 8.990
202206 9.134 142.347 10.739
202209 11.537 144.661 13.347
202212 7.074 145.763 8.122
202303 5.868 146.865 6.687
202306 12.267 150.280 13.661
202309 14.297 151.492 15.794
202312 30.979 152.924 33.903
202403 26.169 153.035 28.618
202406 22.631 155.789 24.312
202409 50.351 157.882 53.373
202412 34.482 158.323 36.450
202503 45.619 157.552 48.458
202506 57.706 159.755 60.452
202509 74.150 162.289 76.466
202512 81.412 163.281 83.445
202603 105.754 164.272 107.740
202606 88.437 167.357 88.437

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 ₹75.09 mean?
Waaree Renewable Technologies (BOM:534618) has a Cyclically Adjusted Revenue per Share of ₹75.09 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 Waaree Renewable Technologies and its competitors.
Is Waaree Renewable Technologies' Cyclically Adjusted Revenue per Share too high?
Waaree Renewable Technologies' current Cyclically Adjusted Revenue per Share is ₹75.09. Overall, Waaree Renewable Technologies has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Waaree Renewable Technologies' Cyclically Adjusted Revenue per Share compare to PWR and FIX?
Waaree Renewable Technologies' Cyclically Adjusted Revenue per Share of ₹75.09 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 Waaree Renewable Technologies and its competitors. Waaree Renewable Technologies's current Cyclically Adjusted Revenue per Share is ₹75.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waaree Renewable Technologies stock overvalued right now?
Waaree Renewable Technologies (BOM:534618) has a current Cyclically Adjusted Revenue per Share of ₹75.09. The current Cyclically Adjusted Revenue per Share is ₹75.09. Waaree Renewable Technologies' overall GF Score™ is 65/100 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 Waaree Renewable Technologies (BOM:534618), the current Cyclically Adjusted Revenue per Share is ₹75.09 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.

Waaree Renewable Technologies Business Description

Other Exchanges WAAREERTL:India
Address Opposite Western Express Highway, 504, Western Edge - I, Borivali (East), Mumbai, MH, IND, 400066
Waaree Renewable Technologies Ltd is engaged in the business of generation of power and providing consultancy services. It offers sustainable partnerships by providing renewable energy solutions to industrial, institutional, and commercial sectors and improves their profitability through the long-term renewable power supply. It generates maximum revenue from the EPC Contracts. Its projects include Ground Mounted, Rooftop Solar and Floating Solar.
65GF Score

Get the complete analysis for BOM:534618

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

₹874.80
Price