Vodafone Idea (NSE:IDEA) Cyclically Adjusted Revenue per Share: ₹30.04 (As of Mar. 2026)

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NSE:IDEA Vodafone Idea Ltd NSE:IDEA
44 GF Score
Price ₹13.74
GF Value ₹5.61
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Vodafone Idea Cyclically Adjusted Revenue per Share?

Vodafone Idea NSE:IDEA -1.08% 44 Cyclically Adjusted Revenue per Share is ₹30.04 as of Mar. 2026. GuruFocus rates NSE:IDEA with a GF Score™ of 44/100 and a GF Value™ of ₹5.61 (Significantly Overvalued). 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.

Vodafone Idea's adjusted revenue per share for the three months ended in Mar. 2026 was ₹1.044. 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 ₹30.04 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Vodafone Idea's average Cyclically Adjusted Revenue Growth Rate was -20.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -15.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -11.10% 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 Vodafone Idea was -3.20% per year. The lowest was -15.40% per year. And the median was -6.70% per year.

As of today (2026-07-18), Vodafone Idea's current stock price is ₹13.74. Vodafone Idea's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹30.04. Vodafone Idea's Cyclically Adjusted PS Ratio of today is 0.46.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Vodafone Idea was 0.50. The lowest was 0.06. And the median was 0.19.


Vodafone Idea  (NSE:IDEA) 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.

Vodafone Idea's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=13.74/30.04
=0.46

* 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 Vodafone Idea was 0.50. The lowest was 0.06. And the median was 0.19.


Be Aware

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


Vodafone Idea Cyclically Adjusted Revenue per Share Related Terms


Vodafone Idea Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Vodafone Idea'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.

Vodafone Idea Cyclically Adjusted Revenue per Share Chart

Vodafone Idea 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 52.46 49.52 44.57 37.66 30.04

Vodafone Idea 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 37.66 35.94 34.31 32.28 30.04

NSE:IDEA vs TMUS, VZ, T: Cyclically Adjusted Revenue per Share Comparison

For the Telecom Services subindustry, Vodafone Idea'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.


Vodafone Idea Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Vodafone Idea's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Vodafone Idea's Cyclically Adjusted PS Ratio falls into.


NSE:IDEA
44GF Score
Vodafone Idea Ltd NSE:IDEA
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vodafone Idea 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, Vodafone Idea'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)
=1.044/164.2724*164.2724
=1.044

Current CPI (Mar. 2026) = 164.2724.

Vodafone Idea Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 15.074 105.961 23.369
201609 13.504 105.961 20.935
201612 14.853 105.196 23.194
201703 13.585 105.196 21.214
201706 13.785 107.109 21.142
201709 12.585 109.021 18.963
201712 10.953 109.404 16.446
201803 9.186 109.786 13.745
201806 10.750 111.317 15.864
201809 5.287 115.142 7.543
201812 10.919 115.142 15.578
201903 8.118 118.202 11.282
201906 5.085 120.880 6.910
201909 3.772 123.175 5.031
201912 3.853 126.235 5.014
202003 4.083 124.705 5.378
202006 3.708 127.000 4.796
202009 3.751 130.118 4.736
202012 3.797 130.889 4.765
202103 3.341 131.771 4.165
202106 3.186 134.084 3.903
202109 3.269 135.847 3.953
202112 3.386 138.161 4.026
202203 3.551 138.822 4.202
202206 3.238 142.347 3.737
202209 3.269 144.661 3.712
202212 3.254 145.763 3.667
202303 2.507 146.865 2.804
202306 2.179 150.280 2.382
202309 2.195 151.492 2.380
202312 2.200 152.924 2.363
202403 2.167 153.035 2.326
202406 1.663 155.789 1.754
202409 1.567 157.882 1.630
202412 1.596 158.323 1.656
202503 1.543 157.552 1.609
202506 1.049 159.755 1.079
202509 1.031 162.289 1.044
202512 1.048 163.281 1.054
202603 1.044 164.272 1.044

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 ₹30.04 mean?
Vodafone Idea (NSE:IDEA) has a Cyclically Adjusted Revenue per Share of ₹30.04 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 Vodafone Idea and its competitors.
Is Vodafone Idea's Cyclically Adjusted Revenue per Share too high?
Vodafone Idea's current Cyclically Adjusted Revenue per Share is ₹30.04. Overall, Vodafone Idea has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vodafone Idea's Cyclically Adjusted Revenue per Share compare to TMUS and VZ?
Vodafone Idea's Cyclically Adjusted Revenue per Share of ₹30.04 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Cyclically Adjusted Revenue per Share depends on the Telecommunication Services 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 Vodafone Idea and its competitors. Vodafone Idea's current Cyclically Adjusted Revenue per Share is ₹30.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vodafone Idea stock overvalued right now?
Based on GuruFocus' analysis, Vodafone Idea (NSE:IDEA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹5.61, compared to a current price of ₹13.74 — trading 144.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹30.04. Vodafone Idea's overall GF Score™ is 44/100 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 Vodafone Idea (NSE:IDEA), the current Cyclically Adjusted Revenue per Share is ₹30.04 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 Vodafone Idea (NSE:IDEA) Overvalued in 2026?

Based on GuruFocus' analysis, Vodafone Idea stock appears to be overvalued. The current stock price of ₹13.74 is trading 144.9% above its estimated GF Value™ of ₹5.61. GuruFocus considers Vodafone Idea to be Significantly Overvalued.

Key valuation signals for NSE:IDEA:

  • Cyclically Adjusted Revenue per Share: ₹30.04
  • GF Value™: ₹5.61 vs. price of ₹13.74 (144.9% above fair value)
  • GF Score™: 44/100 with 7 warning signs

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


Vodafone Idea Business Description

Other Exchanges 532822:India
Address Pandurang Budhkar Marg, Birla Centurion, 10th Floor, Plot No. 794, B Wing, Century Mills Compound, Worli, Mumbai, MH, IND, 400 030
Vodafone Idea Ltd is a telecommunications company that provides mobile services and operates under one segment namely Mobility services. Mobility services generates revenue from mobile services and constitutes the majority of overall company revenue. The company owns telecommunications infrastructure, such as fiber networks and mobile towers. The company generates the vast majority of its revenue in India.
44GF Score

Get the complete analysis for NSE:IDEA

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

₹13.74
Price
₹5.61
GF Value