Wipro (MEX:WIT N) Cyclically Adjusted Revenue per Share: MXN18.73 (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.

MEX:WIT N Wipro Ltd MEX:WIT N
83 GF Score
Price MXN39.70
GF Value MXN59.07
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Wipro Cyclically Adjusted Revenue per Share?

Wipro MEX:WIT N 83 Cyclically Adjusted Revenue per Share is MXN18.73 as of Jun. 2026. GuruFocus rates MEX:WIT N with a GF Score™ of 83/100 and a GF Value™ of MXN59.07 (Possible Value Trap). 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.

Wipro's adjusted revenue per share for the three months ended in Jun. 2026 was MXN4.294. 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 MXN18.73 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Wipro's average Cyclically Adjusted Revenue Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 9.10% 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 Wipro was 21.70% per year. The lowest was 7.80% per year. And the median was 9.85% per year.

As of today (2026-07-22), Wipro's current stock price is MXN39.70. Wipro's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN18.73. Wipro's Cyclically Adjusted PS Ratio of today is 2.12.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Wipro was 6.63. The lowest was 1.91. And the median was 3.16.


Wipro  (MEX:WIT N) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=39.70/18.73
=2.12

* 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 Wipro was 6.63. The lowest was 1.91. And the median was 3.16.


Be Aware

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


Wipro Cyclically Adjusted Revenue per Share Related Terms


Wipro Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Wipro'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.

Wipro Cyclically Adjusted Revenue per Share Chart

Wipro 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 17.83 16.34 12.39 12.12 17.54

Wipro 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 12.21 13.91 14.67 17.54 18.73

MEX:WIT N vs IBM, ACN, FISV: Cyclically Adjusted Revenue per Share Comparison

For the Information Technology Services subindustry, Wipro'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.


Wipro Cyclically Adjusted PS Ratio vs Software Industry

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

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


MEX:WIT N
83GF Score
Wipro Ltd MEX:WIT N
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wipro 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, Wipro'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)
=4.294/166.1454*166.1454
=4.294

Current CPI (Jun. 2026) = 166.1454.

Wipro Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.083 105.961 4.834
201612 3.220 105.196 5.086
201703 3.093 105.196 4.885
201706 2.954 107.109 4.582
201709 2.919 109.021 4.448
201712 3.258 109.404 4.948
201803 3.192 109.786 4.831
201806 3.367 111.317 5.025
201809 3.127 115.142 4.512
201812 3.467 115.142 5.003
201903 3.474 118.202 4.883
201906 3.381 120.880 4.647
201909 3.520 123.175 4.748
201912 3.595 126.235 4.732
202003 4.325 124.705 5.762
202006 3.986 127.000 5.215
202009 3.979 130.118 5.081
202012 3.687 130.889 4.680
202103 4.136 131.771 5.215
202106 4.508 134.084 5.586
202109 5.010 135.847 6.127
202112 5.042 138.161 6.063
202203 4.963 138.822 5.940
202206 5.056 142.347 5.901
202209 5.150 144.661 5.915
202212 5.005 145.763 5.705
202303 4.625 146.865 5.232
202306 4.250 150.280 4.699
202309 4.500 151.492 4.935
202312 4.327 152.924 4.701
202403 4.234 153.035 4.597
202406 4.603 155.789 4.909
202409 5.000 157.882 5.262
202412 5.226 158.323 5.484
202503 5.062 157.552 5.338
202506 4.619 159.755 4.804
202509 4.491 162.289 4.598
202512 4.487 163.281 4.566
202603 4.478 164.272 4.529
202606 4.294 166.145 4.294

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 MXN18.73 mean?
Wipro (MEX:WIT N) has a Cyclically Adjusted Revenue per Share of MXN18.73 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 Wipro and its competitors.
Is Wipro's Cyclically Adjusted Revenue per Share too high?
Wipro's current Cyclically Adjusted Revenue per Share is MXN18.73. Overall, Wipro has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wipro's Cyclically Adjusted Revenue per Share compare to IBM and ACN?
Wipro's Cyclically Adjusted Revenue per Share of MXN18.73 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 Wipro and its competitors. Wipro's current Cyclically Adjusted Revenue per Share is MXN18.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wipro stock overvalued right now?
Based on GuruFocus' analysis, Wipro (MEX:WIT N) is currently considered Possible Value Trap. The stock's GF Value™ is MXN59.07, compared to a current price of MXN39.70 — trading 32.8% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN18.73. Wipro's overall GF Score™ is 83/100 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 Wipro (MEX:WIT N), the current Cyclically Adjusted Revenue per Share is MXN18.73 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 Wipro (MEX:WIT N) Overvalued in 2026?

Based on GuruFocus' analysis, Wipro stock appears to be undervalued. The current stock price of MXN39.70 is trading 32.8% below its estimated GF Value™ of MXN59.07. GuruFocus considers Wipro to be Possible Value Trap.

Key valuation signals for MEX:WIT N:

  • Cyclically Adjusted Revenue per Share: MXN18.73
  • GF Value™: MXN59.07 vs. price of MXN39.70 (32.8% below fair value)
  • GF Score™: 83/100 with 3 warning signs

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


Wipro Business Description

Address Sarjapur Road, Doddakannelli, Bangalore, KA, IND, 560035
Wipro is a multinational IT services provider based in Bengaluru, India. The company pivoted into the IT space in the 1980s and grew into one of the largest Indian IT consulting companies during the dot-com boom. Nowadays, Wipro leverages its offshore outsourcing model to derive a significant portion of its revenue from North America and Europe.
83GF Score

Get the complete analysis for MEX:WIT N

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

MXN39.70
Price
MXN59.07
GF Value