Thal (KAR:THALL) Cyclically Adjusted Revenue per Share: ₨402.99 (As of Mar. 2026)

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KAR:THALL Thal Ltd KAR:THALL
79 GF Score
Price ₨596.04
GF Value ₨529.23
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Thal Cyclically Adjusted Revenue per Share?

Thal KAR:THALL -0.33% 79 Cyclically Adjusted Revenue per Share is ₨402.99 as of Mar. 2026. GuruFocus rates KAR:THALL with a GF Score™ of 79/100 and a GF Value™ of ₨529.23 (Modestly Overvalued). The stock has 3 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.

Thal's adjusted revenue per share for the three months ended in Mar. 2026 was ₨117.541. 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 ₨402.99 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Thal's average Cyclically Adjusted Revenue Growth Rate was 8.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.80% 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 Thal was 10.80% per year. The lowest was 6.80% per year. And the median was 8.80% per year.

As of today (2026-07-17), Thal's current stock price is ₨596.04. Thal's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₨402.99. Thal's Cyclically Adjusted PS Ratio of today is 1.48.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Thal was 1.77. The lowest was 0.46. And the median was 1.12.


Thal  (KAR:THALL) 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.

Thal's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=596.04/402.99
=1.48

* 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 Thal was 1.77. The lowest was 0.46. And the median was 1.12.


Be Aware

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


Thal Cyclically Adjusted Revenue per Share Related Terms


Thal Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Thal'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.

Thal Cyclically Adjusted Revenue per Share Chart

Thal 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 263.18 309.47 335.00 358.13 377.25

Thal 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 371.27 377.25 385.87 390.94 402.99

KAR:THALL vs ORLY, AZO, GPC: Cyclically Adjusted Revenue per Share Comparison

For the Auto Parts subindustry, Thal'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.


Thal Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Thal's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


KAR:THALL
79GF Score
Thal Ltd KAR:THALL
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thal 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, Thal'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)
=117.541/330.2130*330.2130
=117.541

Current CPI (Mar. 2026) = 330.2130.

Thal Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 57.116 241.018 78.253
201609 46.815 241.428 64.031
201612 53.112 241.432 72.643
201703 63.873 243.801 86.512
201706 60.048 244.955 80.948
201709 53.581 246.819 71.685
201712 56.922 246.524 76.246
201803 67.077 249.554 88.757
201806 73.042 251.989 95.716
201809 63.534 252.439 83.108
201812 73.669 251.233 96.828
201903 77.168 254.202 100.243
201906 76.145 256.143 98.164
201909 51.671 256.759 66.453
201912 50.075 256.974 64.347
202003 71.957 258.115 92.056
202006 40.492 257.797 51.866
202009 68.634 260.280 87.075
202012 85.287 260.474 108.122
202103 106.180 264.877 132.371
202106 105.701 271.696 128.467
202109 102.220 274.310 123.052
202112 125.106 278.802 148.176
202203 135.277 287.504 155.373
202206 128.723 296.311 143.451
202209 89.695 296.808 99.790
202212 99.806 296.797 111.043
202303 129.786 301.836 141.988
202306 89.553 305.109 96.921
202309 75.197 307.789 80.675
202312 71.011 306.746 76.444
202403 109.699 312.332 115.979
202406 106.898 314.175 112.355
202409 80.208 315.301 84.001
202412 103.382 315.605 108.167
202503 105.329 319.799 108.759
202506 119.863 322.561 122.706
202509 128.562 324.800 130.705
202512 126.446 324.054 128.849
202603 117.541 330.213 117.541

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 ₨402.99 mean?
Thal (KAR:THALL) has a Cyclically Adjusted Revenue per Share of ₨402.99 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 Thal and its competitors.
Is Thal's Cyclically Adjusted Revenue per Share too high?
Thal's current Cyclically Adjusted Revenue per Share is ₨402.99. Overall, Thal has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thal's Cyclically Adjusted Revenue per Share compare to ORLY and AZO?
Thal's Cyclically Adjusted Revenue per Share of ₨402.99 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted Revenue per Share depends on the Vehicles & Parts 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 Thal and its competitors. Thal's current Cyclically Adjusted Revenue per Share is ₨402.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thal stock overvalued right now?
Based on GuruFocus' analysis, Thal (KAR:THALL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨529.23, compared to a current price of ₨596.04 — trading 12.6% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₨402.99. Thal's overall GF Score™ is 79/100 with 3 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 Thal (KAR:THALL), the current Cyclically Adjusted Revenue per Share is ₨402.99 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 Thal (KAR:THALL) Overvalued in 2026?

Based on GuruFocus' analysis, Thal stock appears to be overvalued. The current stock price of ₨596.04 is trading 12.6% above its estimated GF Value™ of ₨529.23. GuruFocus considers Thal to be Modestly Overvalued.

Key valuation signals for KAR:THALL:

  • Cyclically Adjusted Revenue per Share: ₨402.99
  • GF Value™: ₨529.23 vs. price of ₨596.04 (12.6% above fair value)
  • GF Score™: 79/100 with 3 warning signs

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


Thal Business Description

Address Plot 3, Jinnah Cooperative Housing Society, 4th Floor, House of Habib, Block 7/8, Shahrah-e-Faisal, Karachi, PAK, 75350
Thal Ltd is a diversified industrial manufacturer operating in engineering, packaging, and laminate sheets. Its engineering segment produces automotive parts, including air-conditioners, radiators, wire harnesses, and engine components. The packaging segment offers jute goods, paper sacks, woven polypropylene packaging, and laminate sheets for various industries. The company's operations span multiple cities in Pakistan and include export activities to many countries. It also has interests in energy through coal mining and power generation ventures. The Company's operating businesses are categorized under two segments, namely the Engineering segment and the Building Material & Allied Products segment. The majority of revenue comes from the Engineering segment.
79GF Score

Get the complete analysis for KAR:THALL

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

₨596.04
Price
₨529.23
GF Value