Indian Metals & Ferro Alloys (NSE:IMFA) Cyclically Adjusted Revenue per Share: ₹491.16 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:IMFA Indian Metals & Ferro Alloys Ltd NSE:IMFA
69 GF Score
Price ₹1,336.30
GF Value ₹857.05
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Indian Metals & Ferro Alloys Cyclically Adjusted Revenue per Share?

Indian Metals & Ferro Alloys NSE:IMFA -2.46% 69 Cyclically Adjusted Revenue per Share is ₹491.16 as of Mar. 2026. GuruFocus rates NSE:IMFA with a GF Score™ of 69/100 and a GF Value™ of ₹857.05 (Significantly Overvalued). 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.

Indian Metals & Ferro Alloys's adjusted revenue per share for the three months ended in Mar. 2026 was ₹141.463. 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 ₹491.16 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Indian Metals & Ferro Alloys's average Cyclically Adjusted Revenue Growth Rate was 5.40% 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 (2026-07-24), Indian Metals & Ferro Alloys's current stock price is ₹1336.30. Indian Metals & Ferro Alloys's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹491.16. Indian Metals & Ferro Alloys's Cyclically Adjusted PS Ratio of today is 2.72.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Indian Metals & Ferro Alloys was 3.19. The lowest was 1.24. And the median was 2.33.


Indian Metals & Ferro Alloys  (NSE:IMFA) 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.

Indian Metals & Ferro Alloys's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1336.30/491.16
=2.72

* 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 Indian Metals & Ferro Alloys was 3.19. The lowest was 1.24. And the median was 2.33.


Be Aware

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


Indian Metals & Ferro Alloys Cyclically Adjusted Revenue per Share Related Terms


Indian Metals & Ferro Alloys Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Indian Metals & Ferro Alloys'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.

Indian Metals & Ferro Alloys Cyclically Adjusted Revenue per Share Chart

Indian Metals & Ferro Alloys 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 0.00 466.30 491.16

Indian Metals & Ferro Alloys 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 466.30 472.58 481.34 485.48 491.16

Indian Metals & Ferro Alloys Cyclically Adjusted Revenue per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Indian Metals & Ferro Alloys'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.


Indian Metals & Ferro Alloys Cyclically Adjusted PS Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Indian Metals & Ferro Alloys's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Indian Metals & Ferro Alloys's Cyclically Adjusted PS Ratio falls into.


NSE:IMFA
69GF Score
Indian Metals & Ferro Alloys Ltd NSE:IMFA
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indian Metals & Ferro Alloys 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, Indian Metals & Ferro Alloys'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)
=141.463/164.2724*164.2724
=141.463

Current CPI (Mar. 2026) = 164.2724.

Indian Metals & Ferro Alloys 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 76.481 111.317 112.865
201809 73.188 115.142 104.417
201812 72.720 115.142 103.749
201903 70.953 118.202 98.608
201906 82.639 120.880 112.304
201909 72.203 123.175 96.294
201912 73.660 126.235 95.855
202003 60.773 124.705 80.055
202006 75.030 127.000 97.050
202009 81.105 130.118 102.394
202012 78.856 130.889 98.968
202103 100.013 131.771 124.682
202106 99.679 134.084 122.121
202109 121.052 135.847 146.382
202112 121.440 138.161 144.392
202203 133.202 138.822 157.622
202206 137.783 142.347 159.005
202209 124.588 144.661 141.478
202212 115.314 145.763 129.957
202303 111.128 146.865 124.300
202306 130.061 150.280 142.171
202309 128.394 151.492 139.226
202312 127.043 152.924 136.471
202403 123.042 153.035 132.077
202406 122.719 155.789 129.402
202409 128.233 157.882 133.423
202412 119.243 158.323 123.724
202503 105.111 157.552 109.595
202506 118.868 159.755 122.229
202509 133.217 162.289 134.845
202512 130.245 163.281 131.036
202603 141.463 164.272 141.463

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 ₹491.16 mean?
Indian Metals & Ferro Alloys (NSE:IMFA) has a Cyclically Adjusted Revenue per Share of ₹491.16 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 Indian Metals & Ferro Alloys and its competitors.
Is Indian Metals & Ferro Alloys' Cyclically Adjusted Revenue per Share too high?
Indian Metals & Ferro Alloys' current Cyclically Adjusted Revenue per Share is ₹491.16. Overall, Indian Metals & Ferro Alloys has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indian Metals & Ferro Alloys' Cyclically Adjusted Revenue per Share compare to competitors?
Indian Metals & Ferro Alloys' Cyclically Adjusted Revenue per Share of ₹491.16 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Cyclically Adjusted Revenue per Share depends on the Metals & Mining 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 Indian Metals & Ferro Alloys and its competitors. Indian Metals & Ferro Alloys's current Cyclically Adjusted Revenue per Share is ₹491.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Metals & Ferro Alloys stock overvalued right now?
Based on GuruFocus' analysis, Indian Metals & Ferro Alloys (NSE:IMFA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹857.05, compared to a current price of ₹1,336.30 — trading 55.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹491.16. Indian Metals & Ferro Alloys' overall GF Score™ is 69/100 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 Indian Metals & Ferro Alloys (NSE:IMFA), the current Cyclically Adjusted Revenue per Share is ₹491.16 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 Indian Metals & Ferro Alloys (NSE:IMFA) Overvalued in 2026?

Based on GuruFocus' analysis, Indian Metals & Ferro Alloys stock appears to be overvalued. The current stock price of ₹1,336.30 is trading 55.9% above its estimated GF Value™ of ₹857.05. GuruFocus considers Indian Metals & Ferro Alloys to be Significantly Overvalued.

Key valuation signals for NSE:IMFA:

  • Cyclically Adjusted Revenue per Share: ₹491.16
  • GF Value™: ₹857.05 vs. price of ₹1,336.30 (55.9% above fair value)
  • GF Score™: 69/100 with 2 warning signs

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


Indian Metals & Ferro Alloys Business Description

Other Exchanges 533047:India
Address Bomikhal, IMFA Building, P.O. Rasulgarh, Bhubaneswar, OR, IND, 751010
Indian Metals & Ferro Alloys Ltd is a producer of value-added ferrochrome in India, with operations spanning the entire value chain from captive chromite mining and power generation to smelting and exports of ferrochrome. The group's reportable segments are Ferro Alloys, Power, Mining, and All Other segments. The majority of its revenue is generated from the Ferro Alloys segment, which produces value-added ferrochrome, which has extensive applications in the manufacture of specialty alloys and stainless steels. Geographically, the majority of the group's revenue is generated through the exports of its products to its customers outside India in countries such as South Korea, China, Taiwan, Japan, and others.
69GF Score

Get the complete analysis for NSE:IMFA

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

₹1,336.30
Price
₹857.05
GF Value