Maruti Suzuki India (NSE:MARUTI) Cyclically Adjusted Revenue per Share: ₹ (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:MARUTI Maruti Suzuki India Ltd NSE:MARUTI
90 GF Score
Price ₹12,103.00
GF Value ₹16,923.90
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Maruti Suzuki India Cyclically Adjusted Revenue per Share?

Maruti Suzuki India NSE:MARUTI -1.90% 90 Cyclically Adjusted Revenue per Share is ₹ as of Jun. 2026. GuruFocus rates NSE:MARUTI with a GF Score™ of 90/100 and a GF Value™ of ₹16,923.90 (Modestly Undervalued). The stock has 1 warning sign 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.

Maruti Suzuki India's adjusted revenue per share for the three months ended in Jun. 2026 was ₹1,668.873. 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 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Maruti Suzuki India's average Cyclically Adjusted Revenue Growth Rate was 11.80% 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 (2026-09-20), Maruti Suzuki India's current stock price is ₹12103.00. Maruti Suzuki India's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was . Maruti Suzuki India's Cyclically Adjusted PS Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Maruti Suzuki India was 4.28. The lowest was 2.92. And the median was 3.35.


Maruti Suzuki India  (NSE:MARUTI) 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Maruti Suzuki India was 4.28. The lowest was 2.92. And the median was 3.35.


Be Aware

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


Maruti Suzuki India Cyclically Adjusted Revenue per Share Related Terms


Maruti Suzuki India Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Maruti Suzuki India'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.

Maruti Suzuki India Cyclically Adjusted Revenue per Share Chart

Maruti Suzuki India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Revenue per Share
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Maruti Suzuki India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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NSE:MARUTI vs TSLA, GM, F: Cyclically Adjusted Revenue per Share Comparison

For the Auto Manufacturers subindustry, Maruti Suzuki India'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.


Maruti Suzuki India Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Maruti Suzuki India's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:MARUTI
90GF Score
Maruti Suzuki India Ltd NSE:MARUTI
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruti Suzuki India 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, Maruti Suzuki India'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)
=1668.873/167.3573*167.3573
=1,668.873

Current CPI (Jun. 2026) = 167.3573.

Maruti Suzuki India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200603 45.521 0.000
200703 48.581 0.000
200803 52.407 0.000
200903 56.615 0.000
201003 65.030 0.000
201103 70.768 0.000
201203 76.889 0.000
201806 743.869 111.317 1,118.360
201809 742.979 115.142 1,079.911
201812 651.506 115.142 946.956
201903 786.887 118.202 1,114.120
201906 653.224 120.880 904.384
201909 562.695 123.175 764.531
201912 685.970 126.235 909.429
202003 602.744 124.705 808.897
202006 136.077 127.000 179.318
202009 620.882 130.118 798.577
202012 776.989 130.889 993.473
202103 795.633 131.771 1,010.507
202106 588.467 134.084 734.496
202109 680.313 135.847 838.115
202112 769.773 138.161 932.444
202203 885.500 138.822 1,067.519
202206 877.638 142.347 1,031.836
202209 991.211 144.661 1,146.724
202212 968.323 145.763 1,111.778
202303 1,066.389 146.865 1,215.187
202306 1,034.813 150.280 1,152.405
202309 1,187.630 151.492 1,312.007
202312 1,109.401 152.924 1,214.106
202403 1,223.646 153.035 1,338.169
202406 1,138.012 155.789 1,222.517
202409 1,191.123 157.882 1,262.607
202412 1,232.951 158.323 1,303.307
202503 1,301.519 157.552 1,382.522
202506 1,227.891 159.755 1,286.321
202509 1,346.815 162.289 1,388.874
202512 1,587.268 163.281 1,626.896
202603 1,668.641 164.272 1,699.977
202606 1,668.873 167.357 1,668.873

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 ₹ mean?
Maruti Suzuki India (NSE:MARUTI) has a Cyclically Adjusted Revenue per Share of ₹ 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 Maruti Suzuki India and its competitors.
Is Maruti Suzuki India's Cyclically Adjusted Revenue per Share too high?
Maruti Suzuki India's current Cyclically Adjusted Revenue per Share is ₹. Overall, Maruti Suzuki India has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maruti Suzuki India's Cyclically Adjusted Revenue per Share compare to TSLA and GM?
Maruti Suzuki India's Cyclically Adjusted Revenue per Share of ₹ can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted Revenue per Share depends on the Vehicles & Parts 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 Maruti Suzuki India and its competitors. Maruti Suzuki India's current Cyclically Adjusted Revenue per Share is ₹. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruti Suzuki India stock overvalued right now?
Based on GuruFocus' analysis, Maruti Suzuki India (NSE:MARUTI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹16,923.90, compared to a current price of ₹12,103.00 — trading 28.5% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹. Maruti Suzuki India's overall GF Score™ is 90/100 with 1 warning sign 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 Maruti Suzuki India (NSE:MARUTI), the current Cyclically Adjusted Revenue per Share is ₹ 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 Maruti Suzuki India (NSE:MARUTI) Overvalued in 2026?

Based on GuruFocus' analysis, Maruti Suzuki India stock appears to be undervalued. The current stock price of ₹12,103.00 is trading 28.5% below its estimated GF Value™ of ₹16,923.90. GuruFocus considers Maruti Suzuki India to be Modestly Undervalued.

Key valuation signals for NSE:MARUTI:

  • Cyclically Adjusted Revenue per Share:
  • GF Value™: ₹16,923.90 vs. price of ₹12,103.00 (28.5% below fair value)
  • GF Score™: 90/100 with 1 warning sign

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


Maruti Suzuki India Business Description

Other Exchanges 532500:India
Address 1, Nelson Mandela Road, Vasant Kunj, New Delhi, IND, 110070
Maruti Suzuki India Ltd, a subsidiary of Suzuki Motor Corp. The company is engaged in the manufacturing, purchase, and sale of motor vehicles, components, and spare parts. Its other activities include the facilitation of pre-owned car sales, fleet management, and car financing. The company manufactures various types of passenger vehicles and light commercial vehicles for its customers belonging to different income categories. Some of the vehicles manufactured by it are: WagonR, Dzire, Ertiga, Fronx (SUV), and others. Geographically, the company generates a majority of its revenue from its business in India and also engages in exports of its products to countries like Chile, Saudi Arabia, South Africa, Japan, Mexico, and others.
90GF Score

Get the complete analysis for NSE:MARUTI

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

₹12,103.00
Price
₹16,923.90
GF Value