Hindustan Construction Co (NSE:HCC) Cyclically Adjusted Revenue per Share: ₹51.67 (As of Mar. 2026)

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NSE:HCC Hindustan Construction Co Ltd NSE:HCC
70 GF Score
Price ₹21.43
GF Value ₹16.59
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Hindustan Construction Co Cyclically Adjusted Revenue per Share?

Hindustan Construction Co NSE:HCC -0.05% 70 Cyclically Adjusted Revenue per Share is ₹51.67 as of Mar. 2026. GuruFocus rates NSE:HCC with a GF Score™ of 70/100 and a GF Value™ of ₹16.59 (Modestly Overvalued). 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.

Hindustan Construction Co's adjusted revenue per share for the three months ended in Mar. 2026 was ₹4.545. 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 ₹51.67 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hindustan Construction Co's average Cyclically Adjusted Revenue Growth Rate was -4.40% 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.

As of today (2026-07-26), Hindustan Construction Co's current stock price is ₹21.43. Hindustan Construction Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹51.67. Hindustan Construction Co's Cyclically Adjusted PS Ratio of today is 0.41.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hindustan Construction Co was 0.70. The lowest was 0.28. And the median was 0.43.


Hindustan Construction Co  (NSE:HCC) 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.

Hindustan Construction Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=21.43/51.67
=0.41

* 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 Hindustan Construction Co was 0.70. The lowest was 0.28. And the median was 0.43.


Be Aware

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


Hindustan Construction Co Cyclically Adjusted Revenue per Share Related Terms


Hindustan Construction Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Hindustan Construction 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.

Hindustan Construction Co Cyclically Adjusted Revenue per Share Chart

Hindustan Construction 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 0.00 0.00 54.06 51.67

Hindustan Construction 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 54.06 53.66 53.24 52.43 51.67

NSE:HCC vs PWR, FIX, EME: Cyclically Adjusted Revenue per Share Comparison

For the Engineering & Construction subindustry, Hindustan Construction 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.


Hindustan Construction Co Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Hindustan Construction Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:HCC
70GF Score
Hindustan Construction Co Ltd NSE:HCC
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hindustan Construction 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, Hindustan Construction 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)
=4.545/164.2724*164.2724
=4.545

Current CPI (Mar. 2026) = 164.2724.

Hindustan Construction Co 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 17.559 111.317 25.912
201809 18.553 115.142 26.469
201812 13.793 115.142 19.678
201903 16.174 118.202 22.478
201906 14.958 120.880 20.328
201909 10.414 123.175 13.889
201912 12.598 126.235 16.394
202003 10.271 124.705 13.530
202006 8.940 127.000 11.564
202009 9.666 130.118 12.203
202012 12.784 130.889 16.045
202103 11.237 131.771 14.009
202106 13.106 134.084 16.057
202109 14.815 135.847 17.915
202112 13.910 138.161 16.539
202203 12.867 138.822 15.226
202206 11.792 142.347 13.608
202209 12.058 144.661 13.693
202212 7.273 145.763 8.197
202303 11.859 146.865 13.265
202306 10.453 150.280 11.426
202309 11.015 151.492 11.944
202312 6.118 152.924 6.572
202403 7.446 153.035 7.993
202406 9.097 155.789 9.592
202409 7.037 157.882 7.322
202412 5.174 158.323 5.368
202503 7.015 157.552 7.314
202506 5.069 159.755 5.212
202509 4.399 162.289 4.453
202512 4.586 163.281 4.614
202603 4.545 164.272 4.545

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 ₹51.67 mean?
Hindustan Construction Co (NSE:HCC) has a Cyclically Adjusted Revenue per Share of ₹51.67 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 Hindustan Construction Co and its competitors.
Is Hindustan Construction Co's Cyclically Adjusted Revenue per Share too high?
Hindustan Construction Co's current Cyclically Adjusted Revenue per Share is ₹51.67. Overall, Hindustan Construction Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Construction Co's Cyclically Adjusted Revenue per Share compare to PWR and FIX?
Hindustan Construction Co's Cyclically Adjusted Revenue per Share of ₹51.67 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted Revenue per Share depends on the Construction 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 Hindustan Construction Co and its competitors. Hindustan Construction Co's current Cyclically Adjusted Revenue per Share is ₹51.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Construction Co (NSE:HCC) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹16.59, compared to a current price of ₹21.43 — trading 29.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹51.67. Hindustan Construction Co's overall GF Score™ is 70/100 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 Hindustan Construction Co (NSE:HCC), the current Cyclically Adjusted Revenue per Share is ₹51.67 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 Hindustan Construction Co (NSE:HCC) Overvalued in 2026?

Based on GuruFocus' analysis, Hindustan Construction Co stock appears to be overvalued. The current stock price of ₹21.43 is trading 29.2% above its estimated GF Value™ of ₹16.59. GuruFocus considers Hindustan Construction Co to be Modestly Overvalued.

Key valuation signals for NSE:HCC:

  • Cyclically Adjusted Revenue per Share: ₹51.67
  • GF Value™: ₹16.59 vs. price of ₹21.43 (29.2% above fair value)
  • GF Score™: 70/100 with 3 warning signs

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


Hindustan Construction Co Business Description

Other Exchanges 500185:India
Address Lal Bahadur Shastri Marg, Hincon House, C-101, 1st Floor, 247 Park, Vikhroli (West), Mumbai, MH, IND, 400083
Hindustan Construction Co Ltd is engaged in the EPC(Engineering, Procurement, and Construction) Business. It is involved in high-value projects that span across diverse sectors such as transportation, power, marine projects, irrigation and water supply, special buildings and industrial plants. Its business segments include Engineering and Construction, which is the key revenue driver; Infrastructure; Real Estate; and others.
70GF Score

Get the complete analysis for NSE:HCC

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

₹21.43
Price
₹16.59
GF Value