Jindalw (NSE:JINDALSAW) Cyclically Adjusted Revenue per Share: ₹278.61 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:JINDALSAW Jindal Saw Ltd NSE:JINDALSAW
79 GF Score
Price ₹267.10
GF Value ₹222.71
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Jindalw Cyclically Adjusted Revenue per Share?

Jindalw NSE:JINDALSAW +1.02% 79 Cyclically Adjusted Revenue per Share is ₹278.61 as of Jun. 2026. GuruFocus rates NSE:JINDALSAW with a GF Score™ of 79/100 and a GF Value™ of ₹222.71 (Modestly Overvalued). 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.

Jindalw's adjusted revenue per share for the three months ended in Jun. 2026 was ₹69.667. 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 ₹278.61 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Jindalw's average Cyclically Adjusted Revenue Growth Rate was 4.60% 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 (2026-08-16), Jindalw's current stock price is ₹267.10. Jindalw's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹278.61. Jindalw's Cyclically Adjusted PS Ratio of today is 0.96.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Jindalw was 1.48. The lowest was 0.57. And the median was 0.91.


Jindalw  (NSE:JINDALSAW) 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.

Jindalw's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=267.10/278.61
=0.96

* 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 Jindalw was 1.48. The lowest was 0.57. And the median was 0.91.


Be Aware

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


Jindalw Cyclically Adjusted Revenue per Share Related Terms


Jindalw Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Jindalw'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.

Jindalw Cyclically Adjusted Revenue per Share Chart

Jindalw 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 0.00 263.33 275.45

Jindalw 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 266.65 270.96 273.43 275.45 278.61

NSE:JINDALSAW vs NUE, STLD, RS: Cyclically Adjusted Revenue per Share Comparison

For the Steel subindustry, Jindalw'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.


Jindalw Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Jindalw's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:JINDALSAW
79GF Score
Jindal Saw Ltd NSE:JINDALSAW
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jindalw 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, Jindalw'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)
=69.667/167.3573*167.3573
=69.667

Current CPI (Jun. 2026) = 167.3573.

Jindalw Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
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 43.167 111.317 64.899
201809 46.299 115.142 67.295
201812 46.211 115.142 67.167
201903 47.128 118.202 66.727
201906 47.812 120.880 66.195
201909 41.912 123.175 56.946
201912 46.713 126.235 61.930
202003 38.401 124.705 51.535
202006 25.748 127.000 33.930
202009 37.345 130.118 48.033
202012 45.080 130.889 57.640
202103 53.083 131.771 67.419
202106 45.327 134.084 56.575
202109 46.792 135.847 57.646
202112 54.922 138.161 66.528
202203 52.973 138.822 63.862
202206 53.788 142.347 63.238
202209 63.627 144.661 73.610
202212 81.179 145.763 93.206
202303 69.544 146.865 79.248
202306 69.420 150.280 77.309
202309 85.975 151.492 94.979
202312 88.998 152.924 97.398
202403 71.274 153.035 77.945
202406 77.268 155.789 83.006
202409 87.528 157.882 92.781
202412 82.439 158.323 87.143
202503 79.005 157.552 83.922
202506 63.865 159.755 66.904
202509 66.337 162.289 68.409
202512 77.411 163.281 79.344
202603 72.445 164.272 73.805
202606 69.667 167.357 69.667

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 ₹278.61 mean?
Jindalw (NSE:JINDALSAW) has a Cyclically Adjusted Revenue per Share of ₹278.61 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 Jindalw and its competitors.
Is Jindalw's Cyclically Adjusted Revenue per Share too high?
Jindalw's current Cyclically Adjusted Revenue per Share is ₹278.61. Overall, Jindalw has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jindalw's Cyclically Adjusted Revenue per Share compare to NUE and STLD?
Jindalw's Cyclically Adjusted Revenue per Share of ₹278.61 can be compared against companies in the Steel 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 Steel company?
A good Cyclically Adjusted Revenue per Share depends on the Steel 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 Jindalw and its competitors. Jindalw's current Cyclically Adjusted Revenue per Share is ₹278.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jindalw stock overvalued right now?
Based on GuruFocus' analysis, Jindalw (NSE:JINDALSAW) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹222.71, compared to a current price of ₹267.10 — trading 19.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹278.61. Jindalw's overall GF Score™ is 79/100 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 Jindalw (NSE:JINDALSAW), the current Cyclically Adjusted Revenue per Share is ₹278.61 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 Jindalw (NSE:JINDALSAW) Overvalued in 2026?

Based on GuruFocus' analysis, Jindalw stock appears to be overvalued. The current stock price of ₹267.10 is trading 19.9% above its estimated GF Value™ of ₹222.71. GuruFocus considers Jindalw to be Modestly Overvalued.

Key valuation signals for NSE:JINDALSAW:

  • Cyclically Adjusted Revenue per Share: ₹278.61
  • GF Value™: ₹222.71 vs. price of ₹267.10 (19.9% above fair value)
  • GF Score™: 79/100 with 8 warning signs

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


Jindalw Business Description

Other Exchanges 500378:India
Address 12 Bhikaiji Cama Place, Jindal Centre, New Delhi, IND, 110066
Jindal Saw Ltd is a manufacturer and supplier of Iron & Steel pipes and pellets having manufacturing facilities in India. Its products have applications in oil and gas exploration, transportation, power generation, supply of water for drinking, drainage, irrigation purposes and other industrial applications. Its product portfolio includes Helical & Longitudinal Submerged Arc Welded Pipes, Centrifugal Casted Pipes & Fittings, Carbon Steel/ Alloy Steel (Seamless Pipes & Tubes), Stainless Steel (Seamless & Welded) Pipes & Tubes, and Pellets & Mining. The company derives revenue from the manufacturing of iron and steel pipes and pellets in India.
79GF Score

Get the complete analysis for NSE:JINDALSAW

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

₹267.10
Price
₹222.71
GF Value