GAIL (India) (NSE:GAIL) Cyclically Adjusted Revenue per Share: ₹186.04 (As of Mar. 2026)

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NSE:GAIL GAIL (India) Ltd NSE:GAIL
90 GF Score
Price ₹171.20
GF Value ₹182.06
Valuation Fairly Valued
! 9 Warning Signs
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What is GAIL (India) Cyclically Adjusted Revenue per Share?

GAIL (India) NSE:GAIL -0.30% 90 Cyclically Adjusted Revenue per Share is ₹186.04 as of Mar. 2026. GuruFocus rates NSE:GAIL with a GF Score™ of 90/100 and a GF Value™ of ₹182.06 (Fairly Valued). The stock has 9 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.

GAIL (India)'s adjusted revenue per share for the three months ended in Mar. 2026 was ₹54.154. 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 ₹186.04 for the trailing ten years ended in Mar. 2026.

During the past 12 months, GAIL (India)'s average Cyclically Adjusted Revenue Growth Rate was 6.90% 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.

As of today (2026-07-18), GAIL (India)'s current stock price is ₹171.20. GAIL (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹186.04. GAIL (India)'s Cyclically Adjusted PS Ratio of today is 0.92.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of GAIL (India) was 1.35. The lowest was 0.75. And the median was 0.98.


GAIL (India)  (NSE:GAIL) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=171.20/186.04
=0.92

* 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 GAIL (India) was 1.35. The lowest was 0.75. And the median was 0.98.


Be Aware

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


GAIL (India) Cyclically Adjusted Revenue per Share Related Terms


GAIL (India) Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for GAIL (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.

GAIL (India) Cyclically Adjusted Revenue per Share Chart

GAIL (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 0.00 0.00 0.00 174.34 186.04

GAIL (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 174.34 177.80 181.90 184.04 186.04

NSE:GAIL vs ATO, NI, UGI: Cyclically Adjusted Revenue per Share Comparison

For the Utilities - Regulated Gas subindustry, GAIL (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.


GAIL (India) Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, GAIL (India)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:GAIL
90GF Score
GAIL (India) Ltd NSE:GAIL
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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GAIL (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, GAIL (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)
=54.154/164.2724*164.2724
=54.154

Current CPI (Mar. 2026) = 164.2724.

GAIL (India) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 25.951 111.317 38.297
201809 28.573 115.142 40.765
201812 29.886 115.142 42.638
201903 27.696 118.202 38.491
201906 27.296 120.880 37.095
201909 26.979 123.175 35.981
201912 26.439 126.235 34.406
202003 26.243 124.705 34.570
202006 17.989 127.000 23.268
202009 20.438 130.118 25.803
202012 23.165 130.889 29.073
202103 22.996 131.771 28.668
202106 26.358 134.084 32.292
202109 32.675 135.847 39.512
202112 39.279 138.161 46.703
202203 40.668 138.822 48.124
202206 57.637 142.347 66.515
202209 58.825 144.661 66.800
202212 54.639 145.763 61.577
202303 49.935 146.865 55.854
202306 49.956 150.280 54.607
202309 50.206 151.492 54.442
202312 52.786 152.924 56.703
202403 49.269 153.035 52.887
202406 52.823 155.789 55.699
202409 51.584 157.882 53.672
202412 56.043 158.323 58.149
202503 55.426 157.552 57.790
202506 53.655 159.755 55.172
202509 54.052 162.289 54.713
202512 53.476 163.281 53.801
202603 54.154 164.272 54.154

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 ₹186.04 mean?
GAIL (India) (NSE:GAIL) has a Cyclically Adjusted Revenue per Share of ₹186.04 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 GAIL (India) and its competitors.
Is GAIL (India)'s Cyclically Adjusted Revenue per Share too high?
GAIL (India)'s current Cyclically Adjusted Revenue per Share is ₹186.04. Overall, GAIL (India) has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GAIL (India)'s Cyclically Adjusted Revenue per Share compare to ATO and NI?
GAIL (India)'s Cyclically Adjusted Revenue per Share of ₹186.04 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Cyclically Adjusted Revenue per Share depends on the Utilities - Regulated 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 GAIL (India) and its competitors. GAIL (India)'s current Cyclically Adjusted Revenue per Share is ₹186.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GAIL (India) stock overvalued right now?
Based on GuruFocus' analysis, GAIL (India) (NSE:GAIL) is currently considered Fairly Valued. The stock's GF Value™ is ₹182.06, compared to a current price of ₹171.20 — trading 6% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹186.04. GAIL (India)'s overall GF Score™ is 90/100 with 9 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 GAIL (India) (NSE:GAIL), the current Cyclically Adjusted Revenue per Share is ₹186.04 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 GAIL (India) (NSE:GAIL) Overvalued in 2026?

Based on GuruFocus' analysis, GAIL (India) stock appears to be undervalued. The current stock price of ₹171.20 is trading 6% below its estimated GF Value™ of ₹182.06. GuruFocus considers GAIL (India) to be Fairly Valued.

Key valuation signals for NSE:GAIL:

  • Cyclically Adjusted Revenue per Share: ₹186.04
  • GF Value™: ₹182.06 vs. price of ₹171.20 (6% below fair value)
  • GF Score™: 90/100 with 9 warning signs

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


GAIL (India) Business Description

Address 16, Bhikaiji Cama Place, Gail Bhawan, R.K. Puram, New Delhi, IND, 110066
GAIL (India) Ltd is an Indian natural gas processing and distribution company of which the Government of India owns a majority of shares. GAIL India's core business is the sale and transmission of both natural gas and a variety of LPGs, or liquefied petroleum gases. The company segments its operations into Transmission services; Natural Gas Marketing; Petrochemicals; LPG and Other Liquid Hydrocarbon; and Other Segments, which includes City Gas Distribution (CGD), Exploration and Production (E&P), Compressed Bio Gas (CBG) & Power Generation. The company generates key revenue from Natural Gas Marketing.
90GF Score

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

₹171.20
Price
₹182.06
GF Value