IRB Infrastructure Developers (NSE:IRB) Cyclically Adjusted Revenue per Share: ₹9.20 (As of Jun. 2026)

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NSE:IRB IRB Infrastructure Developers Ltd NSE:IRB
71 GF Score
Price ₹19.93
GF Value ₹20.82
Valuation Fairly Valued
! 8 Warning Signs
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What is IRB Infrastructure Developers Cyclically Adjusted Revenue per Share?

IRB Infrastructure Developers NSE:IRB -0.80% 71 Cyclically Adjusted Revenue per Share is ₹9.20 as of Jun. 2026. GuruFocus rates NSE:IRB with a GF Score™ of 71/100 and a GF Value™ of ₹20.82 (Fairly Valued). The stock has 8 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.

IRB Infrastructure Developers's adjusted revenue per share for the three months ended in Jun. 2026 was ₹1.388. 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 ₹9.20 for the trailing ten years ended in Jun. 2026.

During the past 12 months, IRB Infrastructure Developers's average Cyclically Adjusted Revenue Growth Rate was -3.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.20% 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 IRB Infrastructure Developers was 1.40% per year. The lowest was -0.80% per year. And the median was 0.20% per year.

As of today (2026-08-07), IRB Infrastructure Developers's current stock price is ₹19.93. IRB Infrastructure Developers's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹9.20. IRB Infrastructure Developers's Cyclically Adjusted PS Ratio of today is 2.17.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of IRB Infrastructure Developers was 4.02. The lowest was 0.55. And the median was 1.55.


IRB Infrastructure Developers  (NSE:IRB) 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.

IRB Infrastructure Developers's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=19.93/9.20
=2.17

* 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 IRB Infrastructure Developers was 4.02. The lowest was 0.55. And the median was 1.55.


Be Aware

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


IRB Infrastructure Developers Cyclically Adjusted Revenue per Share Related Terms


IRB Infrastructure Developers Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for IRB Infrastructure Developers'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.

IRB Infrastructure Developers Cyclically Adjusted Revenue per Share Chart

IRB Infrastructure Developers 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 9.44 9.55 9.61 9.53 9.31

IRB Infrastructure Developers 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 9.54 9.55 9.42 9.31 9.20

IRB Infrastructure Developers Cyclically Adjusted Revenue per Share Competitor Comparison

For the Infrastructure Operations subindustry, IRB Infrastructure Developers'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.


IRB Infrastructure Developers Cyclically Adjusted PS Ratio vs Construction Industry

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

* The bar in red indicates where IRB Infrastructure Developers's Cyclically Adjusted PS Ratio falls into.


NSE:IRB
71GF Score
IRB Infrastructure Developers Ltd NSE:IRB
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IRB Infrastructure Developers 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, IRB Infrastructure Developers'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)
=1.388/166.1454*166.1454
=1.388

Current CPI (Jun. 2026) = 166.1454.

IRB Infrastructure Developers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.838 105.961 2.882
201612 2.007 105.196 3.170
201703 2.316 105.196 3.658
201706 2.586 107.109 4.011
201709 1.706 109.021 2.600
201712 1.845 109.404 2.802
201803 1.966 109.786 2.975
201806 2.189 111.317 3.267
201809 2.037 115.142 2.939
201812 2.545 115.142 3.672
201903 2.770 118.202 3.894
201906 2.523 120.880 3.468
201909 2.494 123.175 3.364
201912 2.482 126.235 3.267
202003 2.212 124.705 2.947
202006 1.459 127.000 1.909
202009 1.600 130.118 2.043
202012 2.204 130.889 2.798
202103 2.274 131.771 2.867
202106 2.317 134.084 2.871
202109 2.078 135.847 2.541
202112 1.059 138.161 1.274
202203 1.092 138.822 1.307
202206 1.590 142.347 1.856
202209 1.102 144.661 1.266
202212 1.232 145.763 1.404
202303 1.265 146.865 1.431
202306 1.344 150.280 1.486
202309 1.458 151.492 1.599
202312 1.628 152.924 1.769
202403 1.671 153.035 1.814
202406 1.522 155.789 1.623
202409 1.350 157.882 1.421
202412 1.474 158.323 1.547
202503 1.459 157.552 1.539
202506 1.567 159.755 1.630
202509 1.182 162.289 1.210
202512 1.237 163.281 1.259
202603 1.288 164.272 1.303
202606 1.388 166.145 1.388

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 ₹9.20 mean?
IRB Infrastructure Developers (NSE:IRB) has a Cyclically Adjusted Revenue per Share of ₹9.20 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 IRB Infrastructure Developers and its competitors.
Is IRB Infrastructure Developers' Cyclically Adjusted Revenue per Share too high?
IRB Infrastructure Developers' current Cyclically Adjusted Revenue per Share is ₹9.20. Overall, IRB Infrastructure Developers has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IRB Infrastructure Developers' Cyclically Adjusted Revenue per Share compare to competitors?
IRB Infrastructure Developers' Cyclically Adjusted Revenue per Share of ₹9.20 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 IRB Infrastructure Developers and its competitors. IRB Infrastructure Developers's current Cyclically Adjusted Revenue per Share is ₹9.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRB Infrastructure Developers stock overvalued right now?
Based on GuruFocus' analysis, IRB Infrastructure Developers (NSE:IRB) is currently considered Fairly Valued. The stock's GF Value™ is ₹20.82, compared to a current price of ₹19.93 — trading 4.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹9.20. IRB Infrastructure Developers' overall GF Score™ is 71/100 with 8 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 IRB Infrastructure Developers (NSE:IRB), the current Cyclically Adjusted Revenue per Share is ₹9.20 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 IRB Infrastructure Developers (NSE:IRB) Overvalued in 2026?

Based on GuruFocus' analysis, IRB Infrastructure Developers stock appears to be undervalued. The current stock price of ₹19.93 is trading 4.3% below its estimated GF Value™ of ₹20.82. GuruFocus considers IRB Infrastructure Developers to be Fairly Valued.

Key valuation signals for NSE:IRB:

  • Cyclically Adjusted Revenue per Share: ₹9.20
  • GF Value™: ₹20.82 vs. price of ₹19.93 (4.3% below fair value)
  • GF Score™: 71/100 with 8 warning signs

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


IRB Infrastructure Developers Business Description

Other Exchanges 532947:India
Address Chandivali Farm, 3rd Floor, IRB Complex, Chandivali Village, Andheri (East), Mumbai, MH, IND, 400072
IRB Infrastructure Developers Ltd is an infrastructure and construction company. The company organizes itself into segments: Built, Operate and Transfer (BOT)/ Toll, Operate and Transfer (TOT) segment consist of operation and maintenance of roads; InvITs & Related Assets segment consists of investments in units of IRB Infrastructure Trust, IRB InvIT Fund and other related assets; and Construction segment consists of development and maintenance of roads. It derives maximum revenue from Construction segment.
71GF Score

Get the complete analysis for NSE:IRB

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

₹19.93
Price
₹20.82
GF Value