JSW Holdings (NSE:JSWHL) Cyclically Adjusted Revenue per Share: ₹176.27 (As of Mar. 2026)

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NSE:JSWHL JSW Holdings Ltd NSE:JSWHL
79 GF Score
Price ₹10,981.00
GF Value ₹9,885.92
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is JSW Holdings Cyclically Adjusted Revenue per Share?

JSW Holdings NSE:JSWHL -0.63% 79 Cyclically Adjusted Revenue per Share is ₹176.27 as of Mar. 2026. GuruFocus rates NSE:JSWHL with a GF Score™ of 79/100 and a GF Value™ of ₹9,885.92 (Modestly Overvalued). The stock has 5 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.

JSW Holdings's adjusted revenue per share for the three months ended in Mar. 2026 was ₹29.861. 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 ₹176.27 for the trailing ten years ended in Mar. 2026.

During the past 12 months, JSW Holdings's average Cyclically Adjusted Revenue Growth Rate was 9.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 20.40% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of JSW Holdings was 25.10% per year. The lowest was 12.30% per year. And the median was 23.30% per year.

As of today (2026-07-22), JSW Holdings's current stock price is ₹10981.00. JSW Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹176.27. JSW Holdings's Cyclically Adjusted PS Ratio of today is 62.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of JSW Holdings was 164.66. The lowest was 30.22. And the median was 50.86.


JSW Holdings  (NSE:JSWHL) 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.

JSW Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10981.00/176.27
=62.30

* 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 JSW Holdings was 164.66. The lowest was 30.22. And the median was 50.86.


Be Aware

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


JSW Holdings Cyclically Adjusted Revenue per Share Related Terms


JSW Holdings Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for JSW Holdings'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.

JSW Holdings Cyclically Adjusted Revenue per Share Chart

JSW Holdings 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 85.86 124.80 140.90 161.73 176.27

JSW Holdings 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 161.73 161.17 170.76 173.27 176.27

NSE:JSWHL vs HON, MMM: Cyclically Adjusted Revenue per Share Comparison

For the Asset Management subindustry, JSW Holdings'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.


JSW Holdings Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, JSW Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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

JSW Holdings 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, JSW Holdings'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)
=29.861/164.2724*164.2724
=29.861

Current CPI (Mar. 2026) = 164.2724.

JSW Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201509 23.898 101.753 38.581
201512 6.944 102.901 11.085
201603 7.954 102.518 12.745
201606 8.066 105.961 12.505
201609 19.833 105.961 30.747
201612 19.842 105.196 30.985
201703 9.336 105.196 14.579
201803 0.000 109.786 0.000
201806 11.487 111.317 16.952
201809 63.604 115.142 90.744
201812 11.172 115.142 15.939
201903 10.679 118.202 14.841
201906 10.718 120.880 14.565
201909 77.234 123.175 103.003
201912 10.688 126.235 13.908
202003 10.690 124.705 14.082
202006 11.279 127.000 14.589
202009 45.463 130.118 57.397
202012 13.529 130.889 16.980
202103 13.580 131.771 16.930
202106 14.130 134.084 17.311
202109 121.433 135.847 146.842
202112 15.000 138.161 17.835
202203 17.288 138.822 20.457
202206 16.942 142.347 19.551
202209 304.042 144.661 345.260
202212 23.440 145.763 26.417
202303 22.028 146.865 24.639
202306 23.524 150.280 25.714
202309 80.343 151.492 87.121
202312 24.586 152.924 26.410
202403 24.313 153.035 26.098
202406 24.533 155.789 25.869
202409 146.105 157.882 152.019
202412 26.319 158.323 27.308
202503 26.548 157.552 27.680
202506 27.094 159.755 27.860
202509 75.290 162.289 76.210
202512 29.426 163.281 29.605
202603 29.861 164.272 29.861

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 ₹176.27 mean?
JSW Holdings (NSE:JSWHL) has a Cyclically Adjusted Revenue per Share of ₹176.27 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 JSW Holdings and its competitors.
Is JSW Holdings' Cyclically Adjusted Revenue per Share too high?
JSW Holdings' current Cyclically Adjusted Revenue per Share is ₹176.27. Overall, JSW Holdings has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JSW Holdings' Cyclically Adjusted Revenue per Share compare to HON and MMM?
JSW Holdings' Cyclically Adjusted Revenue per Share of ₹176.27 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Cyclically Adjusted Revenue per Share depends on the Asset Management 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 JSW Holdings and its competitors. JSW Holdings's current Cyclically Adjusted Revenue per Share is ₹176.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSW Holdings stock overvalued right now?
Based on GuruFocus' analysis, JSW Holdings (NSE:JSWHL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹9,885.92, compared to a current price of ₹10,981.00 — trading 11.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹176.27. JSW Holdings' overall GF Score™ is 79/100 with 5 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 JSW Holdings (NSE:JSWHL), the current Cyclically Adjusted Revenue per Share is ₹176.27 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 JSW Holdings (NSE:JSWHL) Overvalued in 2026?

Based on GuruFocus' analysis, JSW Holdings stock appears to be overvalued. The current stock price of ₹10,981.00 is trading 11.1% above its estimated GF Value™ of ₹9,885.92. GuruFocus considers JSW Holdings to be Modestly Overvalued.

Key valuation signals for NSE:JSWHL:

  • Cyclically Adjusted Revenue per Share: ₹176.27
  • GF Value™: ₹9,885.92 vs. price of ₹10,981.00 (11.1% above fair value)
  • GF Score™: 79/100 with 5 warning signs

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


JSW Holdings Business Description

Other Exchanges 532642:India
Address JSW Centre, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051
JSW Holdings Ltd is a conglomerate company with businesses in steel, energy, infrastructure, and cement. Its primary business segment is Investing and Financing. It derives revenue from Interest Income, Dividend Income, and Pledge Fees. Product offering under Steel includes Hot Rolled, Cold Rolled, Color Coated Products, Galvanized, Galvalume, Avante Steel Doors, and Light Steel Building solutions. The infrastructure business develops seaports and terminals, shipyards, townships, port-based special economic zone, industrial clusters, and last-mile connectivity projects.
79GF Score

Get the complete analysis for NSE:JSWHL

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

₹10,981.00
Price
₹9,885.92
GF Value