HDFC Asset Management Co (NSE:HDFCAMC) Cyclically Adjusted Revenue per Share: ₹69.77 (As of Jun. 2026)

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NSE:HDFCAMC HDFC Asset Management Co Ltd NSE:HDFCAMC
100 GF Score
Price ₹2,651.20
GF Value ₹2,998.24
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is HDFC Asset Management Co Cyclically Adjusted Revenue per Share?

HDFC Asset Management Co NSE:HDFCAMC +1.88% 100 Cyclically Adjusted Revenue per Share is ₹69.77 as of Jun. 2026. GuruFocus rates NSE:HDFCAMC with a GF Score™ of 100/100 and a GF Value™ of ₹2,998.24 (Modestly Undervalued). The stock has 2 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.

HDFC Asset Management Co's adjusted revenue per share for the three months ended in Jun. 2026 was ₹25.564. 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 ₹69.77 for the trailing ten years ended in Jun. 2026.

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 (2026-07-20), HDFC Asset Management Co's current stock price is ₹2651.20. HDFC Asset Management Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹69.77. HDFC Asset Management Co's Cyclically Adjusted PS Ratio of today is 38.00.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of HDFC Asset Management Co was 40.13. The lowest was 38.01. And the median was 39.59.


HDFC Asset Management Co  (NSE:HDFCAMC) 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.

HDFC Asset Management Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2651.20/69.77
=38.00

* 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 HDFC Asset Management Co was 40.13. The lowest was 38.01. And the median was 39.59.


Be Aware

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


HDFC Asset Management Co Cyclically Adjusted Revenue per Share Related Terms


HDFC Asset Management Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for HDFC Asset Management 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.

HDFC Asset Management Co Cyclically Adjusted Revenue per Share Chart

HDFC Asset Management 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 0.00 0.00

HDFC Asset Management Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 0.00 69.77

NSE:HDFCAMC vs BLK, BX, KKR: Cyclically Adjusted Revenue per Share Comparison

For the Asset Management subindustry, HDFC Asset Management 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.


HDFC Asset Management Co Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, HDFC Asset Management Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where HDFC Asset Management Co's Cyclically Adjusted PS Ratio falls into.


NSE:HDFCAMC
100GF Score
HDFC Asset Management Co Ltd NSE:HDFCAMC
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HDFC Asset Management 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, HDFC Asset Management Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=25.564/166.1454*166.1454
=25.564

Current CPI (Jun. 2026) = 166.1454.

HDFC Asset Management Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
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
201709 10.654 109.021 16.236
201712 11.089 109.404 16.840
201803 11.102 109.786 16.801
201806 11.112 111.317 16.585
201809 11.303 115.142 16.310
201812 11.208 115.142 16.173
201903 11.429 118.202 16.065
201906 11.832 120.880 16.263
201909 11.678 123.175 15.752
201912 12.301 126.235 16.190
202003 11.183 124.705 14.899
202006 9.642 127.000 12.614
202009 10.696 130.118 13.658
202012 11.294 130.889 14.336
202103 11.791 131.771 14.867
202106 11.883 134.084 14.724
202109 12.709 135.847 15.544
202112 12.880 138.161 15.489
202203 12.108 138.822 14.491
202206 12.218 142.347 14.261
202209 12.760 144.661 14.655
202212 13.111 145.763 14.944
202303 12.671 146.865 14.334
202306 13.461 150.280 14.882
202309 15.056 151.492 16.512
202312 15.699 152.924 17.056
202403 16.237 153.035 17.628
202406 18.092 155.789 19.295
202409 20.687 157.882 21.770
202412 21.786 158.323 22.862
202503 21.021 157.552 22.168
202506 22.548 159.755 23.450
202509 23.896 162.289 24.464
202512 24.997 163.281 25.436
202603 24.453 164.272 24.732
202606 25.564 166.145 25.564

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 ₹69.77 mean?
HDFC Asset Management Co (NSE:HDFCAMC) has a Cyclically Adjusted Revenue per Share of ₹69.77 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on HDFC Asset Management Co and its competitors.
Is HDFC Asset Management Co's Cyclically Adjusted Revenue per Share too high?
HDFC Asset Management Co's current Cyclically Adjusted Revenue per Share is ₹69.77. Overall, HDFC Asset Management Co has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HDFC Asset Management Co's Cyclically Adjusted Revenue per Share compare to BLK and BX?
HDFC Asset Management Co's Cyclically Adjusted Revenue per Share of ₹69.77 can be compared against companies in the Asset Management 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 Asset Management company?
A good Cyclically Adjusted Revenue per Share depends on the Asset Management 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 HDFC Asset Management Co and its competitors. HDFC Asset Management Co's current Cyclically Adjusted Revenue per Share is ₹69.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HDFC Asset Management Co stock overvalued right now?
Based on GuruFocus' analysis, HDFC Asset Management Co (NSE:HDFCAMC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,998.24, compared to a current price of ₹2,651.20 — trading 11.6% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹69.77. HDFC Asset Management Co's overall GF Score™ is 100/100 with 2 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 HDFC Asset Management Co (NSE:HDFCAMC), the current Cyclically Adjusted Revenue per Share is ₹69.77 as of Jun. 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 HDFC Asset Management Co (NSE:HDFCAMC) Overvalued in 2026?

Based on GuruFocus' analysis, HDFC Asset Management Co stock appears to be undervalued. The current stock price of ₹2,651.20 is trading 11.6% below its estimated GF Value™ of ₹2,998.24. GuruFocus considers HDFC Asset Management Co to be Modestly Undervalued.

Key valuation signals for NSE:HDFCAMC:

  • Cyclically Adjusted Revenue per Share: ₹69.77
  • GF Value™: ₹2,998.24 vs. price of ₹2,651.20 (11.6% below fair value)
  • GF Score™: 100/100 with 2 warning signs

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


HDFC Asset Management Co Business Description

Other Exchanges 541729:India
Address H.T. Parekh Marg, HDFC House, 2nd Floor, 165-166, Backbay Reclamation, Churchgate, Mumbai, MH, IND, 400020
HDFC Asset Management Co Ltd is an asset management company engaged in providing asset management services to HDFC Mutual Fund, Portfolio Management Services, Advisory Services, and Investment Management Services to AIFs. The Group principally generates revenue from providing asset management services to Mutual Funds, Alternative Investment Funds (AIFs), and other clients. The majority of its revenue is derived from within India.
100GF Score

Get the complete analysis for NSE:HDFCAMC

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

₹2,651.20
Price
₹2,998.24
GF Value