Elecon Engineering Co (NSE:ELECON) Cyclically Adjusted Revenue per Share: ₹80.41 (As of Mar. 2026)


NSE:ELECON Elecon Engineering Co Ltd NSE:ELECON
96 GF Score
Price ₹510.55
GF Value ₹647.92
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Elecon Engineering Co Cyclically Adjusted Revenue per Share?

Elecon Engineering Co NSE:ELECON -0.35% 96 Cyclically Adjusted Revenue per Share is ₹80.41 as of Mar. 2026. GuruFocus rates NSE:ELECON with a GF Score™ of 96/100 and a GF Value™ of ₹647.92 (Modestly Undervalued). 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.

Elecon Engineering Co's adjusted revenue per share for the three months ended in Mar. 2026 was ₹33.552. 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 ₹80.41 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Elecon Engineering Co's average Cyclically Adjusted Revenue Growth Rate was 5.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.30% 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 Elecon Engineering Co was 5.30% per year. The lowest was 5.30% per year. And the median was 5.30% per year.

As of today (2026-07-13), Elecon Engineering Co's current stock price is ₹510.55. Elecon Engineering Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹80.41. Elecon Engineering Co's Cyclically Adjusted PS Ratio of today is 6.35.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Elecon Engineering Co was 9.33. The lowest was 1.96. And the median was 6.32.


Elecon Engineering Co  (NSE:ELECON) 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.

Elecon Engineering Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=510.55/80.41
=6.35

* 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 Elecon Engineering Co was 9.33. The lowest was 1.96. And the median was 6.32.


Be Aware

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


Elecon Engineering Co Cyclically Adjusted Revenue per Share Related Terms


Elecon Engineering Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Elecon Engineering Co'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.

Elecon Engineering Co Cyclically Adjusted Revenue per Share Chart

Elecon Engineering Co 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 69.00 73.21 76.05 80.41

Elecon Engineering Co 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 76.05 77.36 79.18 79.83 80.41

NSE:ELECON vs GEV, ETN, PH: Cyclically Adjusted Revenue per Share Comparison

For the Specialty Industrial Machinery subindustry, Elecon Engineering Co'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.


Elecon Engineering Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Elecon Engineering Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:ELECON
96GF Score
Elecon Engineering Co Ltd NSE:ELECON
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elecon Engineering Co 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, Elecon Engineering Co'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)
=33.552/164.2724*164.2724
=33.552

Current CPI (Mar. 2026) = 164.2724.

Elecon Engineering Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 11.575 105.961 17.945
201609 11.146 105.961 17.280
201612 12.881 105.196 20.115
201703 18.832 105.196 29.408
201706 10.460 107.109 16.042
201709 11.056 109.021 16.659
201712 11.493 109.404 17.257
201803 19.490 109.786 29.163
201806 13.531 111.317 19.968
201809 14.279 115.142 20.372
201812 12.098 115.142 17.260
201903 13.816 118.202 19.201
201906 11.984 120.880 16.286
201909 11.851 123.175 15.805
201912 12.624 126.235 16.428
202003 11.313 124.705 14.902
202006 6.012 127.000 7.776
202009 11.767 130.118 14.856
202012 13.203 130.889 16.570
202103 15.168 131.771 18.909
202106 13.109 134.084 16.060
202109 13.979 135.847 16.904
202112 12.125 138.161 14.417
202203 13.949 138.822 16.506
202206 14.602 142.347 16.851
202209 17.321 144.661 19.669
202212 17.319 145.763 19.518
202303 17.663 146.865 19.757
202306 18.457 150.280 20.175
202309 21.625 151.492 23.449
202312 21.111 152.924 22.678
202403 23.765 153.035 25.510
202406 17.489 155.789 18.441
202409 22.650 157.882 23.567
202412 23.558 158.323 24.443
202503 35.555 157.552 37.072
202506 21.866 159.755 22.484
202509 25.769 162.289 26.084
202512 24.602 163.281 24.751
202603 33.552 164.272 33.552

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 ₹80.41 mean?
Elecon Engineering Co (NSE:ELECON) has a Cyclically Adjusted Revenue per Share of ₹80.41 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 Elecon Engineering Co and its competitors.
Is Elecon Engineering Co's Cyclically Adjusted Revenue per Share too high?
Elecon Engineering Co's current Cyclically Adjusted Revenue per Share is ₹80.41. Overall, Elecon Engineering Co has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elecon Engineering Co's Cyclically Adjusted Revenue per Share compare to GEV and ETN?
Elecon Engineering Co's Cyclically Adjusted Revenue per Share of ₹80.41 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Cyclically Adjusted Revenue per Share depends on the Industrial Products 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 Elecon Engineering Co and its competitors. Elecon Engineering Co's current Cyclically Adjusted Revenue per Share is ₹80.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elecon Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Elecon Engineering Co (NSE:ELECON) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹647.92, compared to a current price of ₹510.55 — trading 21.2% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹80.41. Elecon Engineering Co's overall GF Score™ is 96/100 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 Elecon Engineering Co (NSE:ELECON), the current Cyclically Adjusted Revenue per Share is ₹80.41 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 Elecon Engineering Co (NSE:ELECON) Overvalued in 2026?

Based on GuruFocus' analysis, Elecon Engineering Co stock appears to be undervalued. The current stock price of ₹510.55 is trading 21.2% below its estimated GF Value™ of ₹647.92. GuruFocus considers Elecon Engineering Co to be Modestly Undervalued.

Key valuation signals for NSE:ELECON:

  • Cyclically Adjusted Revenue per Share: ₹80.41
  • GF Value™: ₹647.92 vs. price of ₹510.55 (21.2% below fair value)
  • GF Score™: 96/100 with 4 warning signs

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


Elecon Engineering Co Business Description

Other Exchanges 505700:India
Address Anand-Sojitra Road, Vallabh Vidyanagar, GJ, IND, 388120
Elecon Engineering Co Ltd is an India-based company engaged in the manufacturing of material handling equipment and industrial gears. It operates through two segments, namely, the Material Handling Equipment segment, which engages in the manufacturing of raw material handling systems, stackers, reclaimers, bagging and weighing machines, wagon and truck loaders, crushers, wagon tipplers, feeders, and port equipment; and Transmission Equipment segment, which manufactures material transmission equipment like gearboxes, couplings, and elevator traction machines. It generates maximum revenue from transmission equipment sales. The group has a business presence in India and Outside India.
96GF Score

Get the complete analysis for NSE:ELECON

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

₹510.55
Price
₹647.92
GF Value