Nishat Mills (KAR:NML) Cyclically Adjusted Revenue per Share: ₨457.73 (As of Mar. 2026)

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KAR:NML Nishat Mills Ltd KAR:NML
72 GF Score
Price ₨143.94
GF Value ₨78.91
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Nishat Mills Cyclically Adjusted Revenue per Share?

Nishat Mills KAR:NML -2.85% 72 Cyclically Adjusted Revenue per Share is ₨457.73 as of Mar. 2026. GuruFocus rates KAR:NML with a GF Score™ of 72/100 and a GF Value™ of ₨78.91 (Significantly Overvalued). The stock has 7 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.

Nishat Mills's adjusted revenue per share for the three months ended in Mar. 2026 was ₨154.498. 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 ₨457.73 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nishat Mills's average Cyclically Adjusted Revenue Growth Rate was 10.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.80% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Nishat Mills was 12.90% per year. The lowest was 10.80% per year. And the median was 11.85% per year.

As of today (2026-07-20), Nishat Mills's current stock price is ₨143.94. Nishat Mills's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₨457.73. Nishat Mills's Cyclically Adjusted PS Ratio of today is 0.31.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nishat Mills was 0.45. The lowest was 0.15. And the median was 0.25.


Nishat Mills  (KAR:NML) 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.

Nishat Mills's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=143.94/457.73
=0.31

* 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 Nishat Mills was 0.45. The lowest was 0.15. And the median was 0.25.


Be Aware

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


Nishat Mills Cyclically Adjusted Revenue per Share Related Terms


Nishat Mills Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Nishat Mills'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.

Nishat Mills Cyclically Adjusted Revenue per Share Chart

Nishat Mills Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 267.57 311.66 346.88 385.29 424.46

Nishat Mills 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 413.31 424.46 435.19 440.83 457.73

Nishat Mills Cyclically Adjusted Revenue per Share Competitor Comparison

For the Textile Manufacturing subindustry, Nishat Mills'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.


Nishat Mills Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nishat Mills's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


KAR:NML
72GF Score
Nishat Mills Ltd KAR:NML
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nishat Mills 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, Nishat Mills'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)
=154.498/330.2130*330.2130
=154.498

Current CPI (Mar. 2026) = 330.2130.

Nishat Mills Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 47.849 241.018 65.557
201609 48.460 241.428 66.281
201612 54.648 241.432 74.744
201703 57.321 243.801 77.638
201706 56.630 244.955 76.340
201709 56.764 246.819 75.943
201712 57.335 246.524 76.799
201803 60.530 249.554 80.094
201806 66.302 251.989 86.884
201809 66.302 252.439 86.729
201812 65.370 251.233 85.920
201903 67.115 254.202 87.184
201906 73.174 256.143 94.334
201909 72.461 256.759 93.191
201912 69.483 256.974 89.286
202003 66.423 258.115 84.977
202006 43.940 257.797 56.283
202009 72.682 260.280 92.210
202012 69.628 260.474 88.270
202103 73.634 264.877 91.797
202106 81.865 271.696 99.497
202109 102.231 274.310 123.065
202112 113.688 278.802 134.652
202203 121.807 287.504 139.902
202206 133.528 296.311 148.805
202209 148.202 296.808 164.882
202212 119.296 296.797 132.727
202303 139.920 301.836 153.075
202306 143.479 305.109 155.284
202309 160.470 307.789 172.161
202312 131.868 306.746 141.956
202403 160.593 312.332 169.787
202406 151.199 314.175 158.917
202409 151.174 315.301 158.324
202412 146.516 315.605 153.298
202503 145.674 319.799 150.418
202506 145.696 322.561 149.152
202509 145.091 324.800 147.509
202512 136.337 324.054 138.928
202603 154.498 330.213 154.498

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 ₨457.73 mean?
Nishat Mills (KAR:NML) has a Cyclically Adjusted Revenue per Share of ₨457.73 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 Nishat Mills and its competitors.
Is Nishat Mills' Cyclically Adjusted Revenue per Share too high?
Nishat Mills' current Cyclically Adjusted Revenue per Share is ₨457.73. Overall, Nishat Mills has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nishat Mills' Cyclically Adjusted Revenue per Share compare to competitors?
Nishat Mills' Cyclically Adjusted Revenue per Share of ₨457.73 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Revenue per Share depends on the Manufacturing - Apparel & Accessories 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 Nishat Mills and its competitors. Nishat Mills's current Cyclically Adjusted Revenue per Share is ₨457.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nishat Mills stock overvalued right now?
Based on GuruFocus' analysis, Nishat Mills (KAR:NML) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨78.91, compared to a current price of ₨143.94 — trading 82.4% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₨457.73. Nishat Mills' overall GF Score™ is 72/100 with 7 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 Nishat Mills (KAR:NML), the current Cyclically Adjusted Revenue per Share is ₨457.73 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 Nishat Mills (KAR:NML) Overvalued in 2026?

Based on GuruFocus' analysis, Nishat Mills stock appears to be overvalued. The current stock price of ₨143.94 is trading 82.4% above its estimated GF Value™ of ₨78.91. GuruFocus considers Nishat Mills to be Significantly Overvalued.

Key valuation signals for KAR:NML:

  • Cyclically Adjusted Revenue per Share: ₨457.73
  • GF Value™: ₨78.91 vs. price of ₨143.94 (82.4% above fair value)
  • GF Score™: 72/100 with 7 warning signs

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


Nishat Mills Business Description

Address 7, Main Gulberg, Lahore, PB, PAK, 54660
Nishat Mills Ltd is engaged in the business of textile manufacturing and of spinning, combing, weaving, bleaching, dyeing, printing, stitching, apparel, buying, selling and otherwise dealing in yarn, linen, cloth and other goods and fabrics made from raw cotton, synthetic fibre and cloth and to generate, accumulate, distribute, supply and sell electricity. The company's segments are Spinning, Weaving, Dyeing, Denim, Workwear, Home Textile and Terry, Garments and Power Generation. It derives the majority of the revenue from Spinning segment that produces different quality of yarn including dyed yarn and sewing thread using natural and artificial fibres. Geographically it operates in Europe, America, Asia, Africa and Australia, and Pakistan.
72GF Score

Get the complete analysis for KAR:NML

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

₨143.94
Price
₨78.91
GF Value