HandsOn Global Management (HGM) (NSE:HGM) Cyclically Adjusted Revenue per Share: ₹17.22 (As of Jun. 2026)

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NSE:HGM HandsOn Global Management (HGM) Ltd NSE:HGM
64 GF Score
Price ₹51.54
GF Value ₹184.43
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is HandsOn Global Management (HGM) Cyclically Adjusted Revenue per Share?

HandsOn Global Management (HGM) NSE:HGM -0.68% 64 Cyclically Adjusted Revenue per Share is ₹17.22 as of Jun. 2026. GuruFocus rates NSE:HGM with a GF Score™ of 64/100 and a GF Value™ of ₹184.43 (Possible Value Trap). 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.

HandsOn Global Management (HGM)'s adjusted revenue per share for the three months ended in Jun. 2026 was ₹8.586. 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 ₹17.22 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 (2026-09-03), HandsOn Global Management (HGM)'s current stock price is ₹51.54. HandsOn Global Management (HGM)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹17.22. HandsOn Global Management (HGM)'s Cyclically Adjusted PS Ratio of today is 2.99.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of HandsOn Global Management (HGM) was 3.72. The lowest was 2.61. And the median was 3.04.


HandsOn Global Management (HGM)  (NSE:HGM) 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.

HandsOn Global Management (HGM)'s Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=51.54/17.22
=2.99

* 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 HandsOn Global Management (HGM) was 3.72. The lowest was 2.61. And the median was 3.04.


Be Aware

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


HandsOn Global Management (HGM) Cyclically Adjusted Revenue per Share Related Terms


HandsOn Global Management (HGM) Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for HandsOn Global Management (HGM)'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.

HandsOn Global Management (HGM) Cyclically Adjusted Revenue per Share Chart

HandsOn Global Management (HGM) 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 17.16

HandsOn Global Management (HGM) 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 17.16 17.22

NSE:HGM vs IBM, ACN, CTSH: Cyclically Adjusted Revenue per Share Comparison

For the Information Technology Services subindustry, HandsOn Global Management (HGM)'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.


HandsOn Global Management (HGM) Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, HandsOn Global Management (HGM)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where HandsOn Global Management (HGM)'s Cyclically Adjusted PS Ratio falls into.


NSE:HGM
64GF Score
HandsOn Global Management (HGM) Ltd NSE:HGM
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HandsOn Global Management (HGM) 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, HandsOn Global Management (HGM)'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)
=8.586/167.3573*167.3573
=8.586

Current CPI (Jun. 2026) = 167.3573.

HandsOn Global Management (HGM) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200903 0.000 56.615 0.000
201003 0.000 65.030 0.000
201103 0.000 70.768 0.000
201212 0.000 83.774 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
201809 2.088 115.142 3.035
201812 2.142 115.142 3.113
201903 2.454 118.202 3.475
201906 2.396 120.880 3.317
201909 2.084 123.175 2.832
201912 2.242 126.235 2.972
202003 1.960 124.705 2.630
202006 1.991 127.000 2.624
202009 1.952 130.118 2.511
202012 2.040 130.889 2.608
202103 1.726 131.771 2.192
202106 1.936 134.084 2.416
202109 1.940 135.847 2.390
202112 2.015 138.161 2.441
202203 2.096 138.822 2.527
202206 2.325 142.347 2.733
202209 2.373 144.661 2.745
202212 2.404 145.763 2.760
202303 2.497 146.865 2.845
202306 2.837 150.280 3.159
202309 3.423 151.492 3.781
202312 3.146 152.924 3.443
202403 3.395 153.035 3.713
202406 4.453 155.789 4.784
202409 4.422 157.882 4.687
202412 4.600 158.323 4.862
202503 4.378 157.552 4.650
202506 10.796 159.755 11.310
202509 14.918 162.289 15.384
202512 11.311 163.281 11.593
202603 10.065 164.272 10.254
202606 8.586 167.357 8.586

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 ₹17.22 mean?
HandsOn Global Management (HGM) (NSE:HGM) has a Cyclically Adjusted Revenue per Share of ₹17.22 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 HandsOn Global Management (HGM) and its competitors.
Is HandsOn Global Management (HGM)'s Cyclically Adjusted Revenue per Share too high?
HandsOn Global Management (HGM)'s current Cyclically Adjusted Revenue per Share is ₹17.22. Overall, HandsOn Global Management (HGM) has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HandsOn Global Management (HGM)'s Cyclically Adjusted Revenue per Share compare to IBM and ACN?
HandsOn Global Management (HGM)'s Cyclically Adjusted Revenue per Share of ₹17.22 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Revenue per Share depends on the Software 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 HandsOn Global Management (HGM) and its competitors. HandsOn Global Management (HGM)'s current Cyclically Adjusted Revenue per Share is ₹17.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HandsOn Global Management (HGM) stock overvalued right now?
Based on GuruFocus' analysis, HandsOn Global Management (HGM) (NSE:HGM) is currently considered Possible Value Trap. The stock's GF Value™ is ₹184.43, compared to a current price of ₹51.54 — trading 72.1% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹17.22. HandsOn Global Management (HGM)'s overall GF Score™ is 64/100 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 HandsOn Global Management (HGM) (NSE:HGM), the current Cyclically Adjusted Revenue per Share is ₹17.22 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 HandsOn Global Management (HGM) (NSE:HGM) Overvalued in 2026?

Based on GuruFocus' analysis, HandsOn Global Management (HGM) stock appears to be undervalued. The current stock price of ₹51.54 is trading 72.1% below its estimated GF Value™ of ₹184.43. GuruFocus considers HandsOn Global Management (HGM) to be Possible Value Trap.

Key valuation signals for NSE:HGM:

  • Cyclically Adjusted Revenue per Share: ₹17.22
  • GF Value™: ₹184.43 vs. price of ₹51.54 (72.1% below fair value)
  • GF Score™: 64/100 with 4 warning signs

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


HandsOn Global Management (HGM) Business Description

Other Exchanges 532761:India
Address Pune Satara Road, 3rd Floor, Sharda Arcade, Bibwewadi, Pune, MH, IND, 411037
HandsOn Global Management (HGM) Ltd Formerly HOV Services Ltd operates as a hybrid between an investment company and a diversified services corporation. The company is engaged in providing information technology (IT) and IT-enabled services, such as data entry services, software development, and support services. It also provides business process outsourcing (BPO) services. Its Software and IT Enabled Services segment acts as a key revenue driver for the firm.
64GF Score

Get the complete analysis for NSE:HGM

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

₹51.54
Price
₹184.43
GF Value