Gujarat Ambuja Exports (NSE:GAEL) Cyclically Adjusted Revenue per Share: ₹115.18 (As of Mar. 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.

NSE:GAEL Gujarat Ambuja Exports Ltd NSE:GAEL
76 GF Score
Price ₹172.59
GF Value ₹156.97
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Gujarat Ambuja Exports Cyclically Adjusted Revenue per Share?

Gujarat Ambuja Exports NSE:GAEL +5.04% 76 Cyclically Adjusted Revenue per Share is ₹115.18 as of Mar. 2026. GuruFocus rates NSE:GAEL with a GF Score™ of 76/100 and a GF Value™ of ₹156.97 (Fairly Valued). 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.

Gujarat Ambuja Exports's adjusted revenue per share for the three months ended in Mar. 2026 was ₹31.970. 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 ₹115.18 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Gujarat Ambuja Exports's average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.80% 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 Gujarat Ambuja Exports was 3.80% per year. The lowest was 3.80% per year. And the median was 3.80% per year.

As of today (2026-07-31), Gujarat Ambuja Exports's current stock price is ₹172.59. Gujarat Ambuja Exports's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹115.18. Gujarat Ambuja Exports's Cyclically Adjusted PS Ratio of today is 1.50.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Gujarat Ambuja Exports was 1.91. The lowest was 0.91. And the median was 1.21.


Gujarat Ambuja Exports  (NSE:GAEL) 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.

Gujarat Ambuja Exports's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=172.59/115.18
=1.50

* 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 Gujarat Ambuja Exports was 1.91. The lowest was 0.91. And the median was 1.21.


Be Aware

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


Gujarat Ambuja Exports Cyclically Adjusted Revenue per Share Related Terms


Gujarat Ambuja Exports Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Gujarat Ambuja Exports'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.

Gujarat Ambuja Exports Cyclically Adjusted Revenue per Share Chart

Gujarat Ambuja Exports 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 0.00 103.10 107.62 109.44 115.18

Gujarat Ambuja Exports 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 109.44 110.88 113.44 114.36 115.18

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

For the Packaged Foods subindustry, Gujarat Ambuja Exports'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.


Gujarat Ambuja Exports Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gujarat Ambuja Exports's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:GAEL
76GF Score
Gujarat Ambuja Exports Ltd NSE:GAEL
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gujarat Ambuja Exports 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, Gujarat Ambuja Exports'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)
=31.97/164.2724*164.2724
=31.970

Current CPI (Mar. 2026) = 164.2724.

Gujarat Ambuja Exports Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 13.528 105.961 20.973
201609 11.404 105.961 17.680
201612 15.346 105.196 23.964
201703 19.520 105.196 30.482
201706 15.085 107.109 23.136
201709 16.934 109.021 25.516
201712 22.174 109.404 33.295
201803 19.203 109.786 28.733
201806 17.546 111.317 25.893
201809 16.925 115.142 24.147
201812 25.683 115.142 36.642
201903 25.679 118.202 35.688
201906 22.075 120.880 29.999
201909 19.822 123.175 26.436
201912 21.757 126.235 28.313
202003 18.791 124.705 24.753
202006 18.083 127.000 23.390
202009 21.539 130.118 27.193
202012 26.431 130.889 33.172
202103 36.172 131.771 45.094
202106 22.332 134.084 27.360
202109 25.120 135.847 30.376
202112 26.967 138.161 32.064
202203 26.573 138.822 31.445
202206 27.767 142.347 32.044
202209 23.539 144.661 26.730
202212 24.619 145.763 27.745
202303 30.331 146.865 33.926
202306 25.425 150.280 27.792
202309 24.255 151.492 26.301
202312 28.408 152.924 30.516
202403 28.730 153.035 30.840
202406 23.739 155.789 25.032
202409 24.498 157.882 25.490
202412 24.712 158.323 25.641
202503 27.794 157.552 28.980
202506 28.200 159.755 28.997
202509 32.455 162.289 32.852
202512 32.421 163.281 32.618
202603 31.970 164.272 31.970

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 ₹115.18 mean?
Gujarat Ambuja Exports (NSE:GAEL) has a Cyclically Adjusted Revenue per Share of ₹115.18 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 Gujarat Ambuja Exports and its competitors.
Is Gujarat Ambuja Exports' Cyclically Adjusted Revenue per Share too high?
Gujarat Ambuja Exports' current Cyclically Adjusted Revenue per Share is ₹115.18. Overall, Gujarat Ambuja Exports has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Ambuja Exports' Cyclically Adjusted Revenue per Share compare to KHC and GIS?
Gujarat Ambuja Exports' Cyclically Adjusted Revenue per Share of ₹115.18 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 Gujarat Ambuja Exports and its competitors. Gujarat Ambuja Exports's current Cyclically Adjusted Revenue per Share is ₹115.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Ambuja Exports stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Ambuja Exports (NSE:GAEL) is currently considered Fairly Valued. The stock's GF Value™ is ₹156.97, compared to a current price of ₹172.59 — trading 10% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹115.18. Gujarat Ambuja Exports' overall GF Score™ is 76/100 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 Gujarat Ambuja Exports (NSE:GAEL), the current Cyclically Adjusted Revenue per Share is ₹115.18 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 Gujarat Ambuja Exports (NSE:GAEL) Overvalued in 2026?

Based on GuruFocus' analysis, Gujarat Ambuja Exports stock appears to be overvalued. The current stock price of ₹172.59 is trading 10% above its estimated GF Value™ of ₹156.97. GuruFocus considers Gujarat Ambuja Exports to be Fairly Valued.

Key valuation signals for NSE:GAEL:

  • Cyclically Adjusted Revenue per Share: ₹115.18
  • GF Value™: ₹156.97 vs. price of ₹172.59 (10% above fair value)
  • GF Score™: 76/100 with 7 warning signs

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


Gujarat Ambuja Exports Business Description

Other Exchanges 524226:India
Address Sindhu Bhavan Road, Ambuja Tower, P.O. Thaltej, Opposite Sindhu Bhavan, Bodakdev, Ahmedabad, GJ, IND, 380054
Gujarat Ambuja Exports Ltd is an agro-processing conglomerate. It is engaged in solvent extraction comprising all types of oil seed processing, edible oil refining, spinning, maize processing comprising its starch and its derivatives, wheat processing, cattle feed, and power generation through wind mills, bio gas, thermal power, and solar plant, mainly for internal consumption. The group's reportable operating segments are: Agro, Spinning, Maize, and Power. The majority of its revenue is generated from the Maize segment, which processes and sells starch and its derivative products such as liquid glucose, dextrose syrup, high maltose corn syrup, and others. Geographically, it generates maximum revenue from its business within India, and also exports its products to other markets.
76GF Score

Get the complete analysis for NSE:GAEL

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

₹172.59
Price
₹156.97
GF Value