CCL Products (India) (NSE:CCL) Cyclically Adjusted Revenue per Share: ₹171.16 (As of Mar. 2026)

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NSE:CCL CCL Products (India) Ltd NSE:CCL
93 GF Score
Price ₹1,203.20
GF Value ₹1,184.64
Valuation Fairly Valued
! 6 Warning Signs
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What is CCL Products (India) Cyclically Adjusted Revenue per Share?

CCL Products (India) NSE:CCL -0.17% 93 Cyclically Adjusted Revenue per Share is ₹171.16 as of Mar. 2026. GuruFocus rates NSE:CCL with a GF Score™ of 93/100 and a GF Value™ of ₹1,184.64 (Fairly Valued). The stock has 6 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.

CCL Products (India)'s adjusted revenue per share for the three months ended in Mar. 2026 was ₹91.840. 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 ₹171.16 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CCL Products (India)'s average Cyclically Adjusted Revenue Growth Rate was 20.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 15.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 13.40% 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 CCL Products (India) was 15.70% per year. The lowest was 11.40% per year. And the median was 13.40% per year.

As of today (2026-07-23), CCL Products (India)'s current stock price is ₹1203.20. CCL Products (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹171.16. CCL Products (India)'s Cyclically Adjusted PS Ratio of today is 7.03.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CCL Products (India) was 7.10. The lowest was 2.54. And the median was 4.87.


CCL Products (India)  (NSE:CCL) 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.

CCL Products (India)'s Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1203.20/171.16
=7.03

* 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 CCL Products (India) was 7.10. The lowest was 2.54. And the median was 4.87.


Be Aware

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


CCL Products (India) Cyclically Adjusted Revenue per Share Related Terms


CCL Products (India) Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for CCL Products (India)'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.

CCL Products (India) Cyclically Adjusted Revenue per Share Chart

CCL Products (India) 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 97.43 110.14 125.80 142.05 171.16

CCL Products (India) 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 142.05 149.28 157.47 163.81 171.16

NSE:CCL vs KHC, GIS: Cyclically Adjusted Revenue per Share Comparison

For the Packaged Foods subindustry, CCL Products (India)'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.


CCL Products (India) Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, CCL Products (India)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where CCL Products (India)'s Cyclically Adjusted PS Ratio falls into.


NSE:CCL
93GF Score
CCL Products (India) Ltd NSE:CCL
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CCL Products (India) 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, CCL Products (India)'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)
=91.84/164.2724*164.2724
=91.840

Current CPI (Mar. 2026) = 164.2724.

CCL Products (India) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 18.840 105.961 29.208
201609 17.117 105.961 26.537
201612 21.749 105.196 33.963
201703 22.477 105.196 35.100
201706 18.529 107.109 28.418
201709 22.253 109.021 33.531
201712 20.605 109.404 30.939
201803 24.111 109.786 36.077
201806 22.161 111.317 32.704
201809 21.877 115.142 31.212
201812 17.587 115.142 25.091
201903 19.734 118.202 27.425
201906 20.565 120.880 27.947
201909 22.434 123.175 29.919
201912 22.738 126.235 29.589
202003 19.900 124.705 26.214
202006 21.718 127.000 28.092
202009 24.230 130.118 30.590
202012 22.259 130.889 27.936
202103 25.193 131.771 31.407
202106 24.546 134.084 30.072
202109 25.311 135.847 30.607
202112 31.837 138.161 37.854
202203 28.282 138.822 33.467
202206 38.239 142.347 44.129
202209 38.044 144.661 43.202
202212 40.224 145.763 45.332
202303 39.102 146.865 43.737
202306 49.192 150.280 53.772
202309 45.623 151.492 49.472
202312 49.874 152.924 53.575
202403 54.503 153.035 58.505
202406 57.994 155.789 61.152
202409 55.300 157.882 57.538
202412 56.901 158.323 59.039
202503 62.687 157.552 65.361
202506 79.265 159.755 81.506
202509 84.457 162.289 85.489
202512 78.791 163.281 79.269
202603 91.840 164.272 91.840

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 ₹171.16 mean?
CCL Products (India) (NSE:CCL) has a Cyclically Adjusted Revenue per Share of ₹171.16 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 CCL Products (India) and its competitors.
Is CCL Products (India)'s Cyclically Adjusted Revenue per Share too high?
CCL Products (India)'s current Cyclically Adjusted Revenue per Share is ₹171.16. Overall, CCL Products (India) has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CCL Products (India)'s Cyclically Adjusted Revenue per Share compare to KHC and GIS?
CCL Products (India)'s Cyclically Adjusted Revenue per Share of ₹171.16 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Revenue per Share depends on the Consumer Packaged Goods 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 CCL Products (India) and its competitors. CCL Products (India)'s current Cyclically Adjusted Revenue per Share is ₹171.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CCL Products (India) stock overvalued right now?
Based on GuruFocus' analysis, CCL Products (India) (NSE:CCL) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,184.64, compared to a current price of ₹1,203.20 — trading 1.6% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹171.16. CCL Products (India)'s overall GF Score™ is 93/100 with 6 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 CCL Products (India) (NSE:CCL), the current Cyclically Adjusted Revenue per Share is ₹171.16 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 CCL Products (India) (NSE:CCL) Overvalued in 2026?

Based on GuruFocus' analysis, CCL Products (India) stock appears to be overvalued. The current stock price of ₹1,203.20 is trading 1.6% above its estimated GF Value™ of ₹1,184.64. GuruFocus considers CCL Products (India) to be Fairly Valued.

Key valuation signals for NSE:CCL:

  • Cyclically Adjusted Revenue per Share: ₹171.16
  • GF Value™: ₹1,184.64 vs. price of ₹1,203.20 (1.6% above fair value)
  • GF Score™: 93/100 with 6 warning signs

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


CCL Products (India) Business Description

Other Exchanges 519600:India
Address Ameerpet Road, 7-1-24-2/D, Greendale, Hyderabad, TG, IND, 500016
CCL Products (India) Ltd manufactures and markets a variety of processed coffee internationally. Its product offerings under various brands include spray-dried coffee powder, spray-dried coffee granules, freeze-dried coffee, freeze-concentrated liquid coffee, roasted and ground coffee, roasted coffee beans, and premix coffee. The company sells its products in India, and also in international markets like Singapore, Switzerland, and Vietnam through its subsidiaries.
93GF Score

Get the complete analysis for NSE:CCL

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

₹1,203.20
Price
₹1,184.64
GF Value