Narayana Hrudayalaya (NSE:NH) Cyclically Adjusted Revenue per Share: ₹227.09 (As of Mar. 2026)

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NSE:NH Narayana Hrudayalaya Ltd NSE:NH
93 GF Score
Price ₹2,029.50
GF Value ₹2,278.86
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Narayana Hrudayalaya Cyclically Adjusted Revenue per Share?

Narayana Hrudayalaya NSE:NH -0.26% 93 Cyclically Adjusted Revenue per Share is ₹227.09 as of Mar. 2026. GuruFocus rates NSE:NH with a GF Score™ of 93/100 and a GF Value™ of ₹2,278.86 (Modestly Undervalued). 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.

Narayana Hrudayalaya's adjusted revenue per share for the three months ended in Mar. 2026 was ₹127.676. 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 ₹227.09 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Narayana Hrudayalaya's average Cyclically Adjusted Revenue Growth Rate was 17.70% 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 (2026-07-19), Narayana Hrudayalaya's current stock price is ₹2029.50. Narayana Hrudayalaya's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹227.09. Narayana Hrudayalaya's Cyclically Adjusted PS Ratio of today is 8.94.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Narayana Hrudayalaya was 11.73. The lowest was 5.97. And the median was 7.68.


Narayana Hrudayalaya  (NSE:NH) 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.

Narayana Hrudayalaya's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2029.50/227.09
=8.94

* 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 Narayana Hrudayalaya was 11.73. The lowest was 5.97. And the median was 7.68.


Be Aware

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


Narayana Hrudayalaya Cyclically Adjusted Revenue per Share Related Terms


Narayana Hrudayalaya Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Narayana Hrudayalaya'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.

Narayana Hrudayalaya Cyclically Adjusted Revenue per Share Chart

Narayana Hrudayalaya 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 0.00 175.43 192.88 227.09

Narayana Hrudayalaya 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 192.88 199.46 207.48 216.19 227.09

NSE:NH vs HCA, THC, DVA: Cyclically Adjusted Revenue per Share Comparison

For the Medical Care Facilities subindustry, Narayana Hrudayalaya'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.


Narayana Hrudayalaya Cyclically Adjusted PS Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Narayana Hrudayalaya's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:NH
93GF Score
Narayana Hrudayalaya Ltd NSE:NH
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Narayana Hrudayalaya 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, Narayana Hrudayalaya'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)
=127.676/164.2724*164.2724
=127.676

Current CPI (Mar. 2026) = 164.2724.

Narayana Hrudayalaya Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 22.268 105.961 34.522
201609 24.082 105.961 37.335
201612 22.473 105.196 35.093
201703 22.286 105.196 34.801
201706 25.724 107.109 39.453
201709 27.708 109.021 41.750
201712 27.474 109.404 41.253
201803 30.526 109.786 45.676
201806 32.439 111.317 47.871
201809 35.103 115.142 50.081
201812 35.839 115.142 51.131
201903 35.964 118.202 49.981
201906 38.289 120.880 52.034
201909 40.456 123.175 53.954
201912 38.783 126.235 50.469
202003 35.473 124.705 46.728
202006 19.395 127.000 25.087
202009 29.843 130.118 37.676
202012 36.955 130.889 46.380
202103 40.074 131.771 49.958
202106 42.339 134.084 51.871
202109 46.307 135.847 55.997
202112 47.256 138.161 56.187
202203 43.541 138.822 51.523
202206 50.852 142.347 58.684
202209 55.861 144.661 63.434
202212 55.538 145.763 62.590
202303 58.479 146.865 65.410
202306 60.748 150.280 66.404
202309 64.288 151.492 69.712
202312 59.279 152.924 63.678
202403 55.808 153.035 59.906
202406 64.348 155.789 67.852
202409 67.291 157.882 70.015
202412 65.714 158.323 68.183
202503 72.645 157.552 75.744
202506 74.194 159.755 76.292
202509 80.926 162.289 81.915
202512 105.947 163.281 106.590
202603 127.676 164.272 127.676

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 ₹227.09 mean?
Narayana Hrudayalaya (NSE:NH) has a Cyclically Adjusted Revenue per Share of ₹227.09 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 Narayana Hrudayalaya and its competitors.
Is Narayana Hrudayalaya's Cyclically Adjusted Revenue per Share too high?
Narayana Hrudayalaya's current Cyclically Adjusted Revenue per Share is ₹227.09. Overall, Narayana Hrudayalaya has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Narayana Hrudayalaya's Cyclically Adjusted Revenue per Share compare to HCA and THC?
Narayana Hrudayalaya's Cyclically Adjusted Revenue per Share of ₹227.09 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Cyclically Adjusted Revenue per Share depends on the Healthcare Providers & Services 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 Narayana Hrudayalaya and its competitors. Narayana Hrudayalaya's current Cyclically Adjusted Revenue per Share is ₹227.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Narayana Hrudayalaya stock overvalued right now?
Based on GuruFocus' analysis, Narayana Hrudayalaya (NSE:NH) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,278.86, compared to a current price of ₹2,029.50 — trading 10.9% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹227.09. Narayana Hrudayalaya's overall GF Score™ is 93/100 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 Narayana Hrudayalaya (NSE:NH), the current Cyclically Adjusted Revenue per Share is ₹227.09 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 Narayana Hrudayalaya (NSE:NH) Overvalued in 2026?

Based on GuruFocus' analysis, Narayana Hrudayalaya stock appears to be undervalued. The current stock price of ₹2,029.50 is trading 10.9% below its estimated GF Value™ of ₹2,278.86. GuruFocus considers Narayana Hrudayalaya to be Modestly Undervalued.

Key valuation signals for NSE:NH:

  • Cyclically Adjusted Revenue per Share: ₹227.09
  • GF Value™: ₹2,278.86 vs. price of ₹2,029.50 (10.9% below fair value)
  • GF Score™: 93/100 with 2 warning signs

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


Narayana Hrudayalaya Business Description

Other Exchanges 539551:India
Address Hosur Road, Anekal Taluk, Number 261/A, 2nd Floor, Bommasandra Industrial Area, Bengaluru, KA, IND, 560099
Narayana Hrudayalaya Ltd is an India-based medical and healthcare service provider. The company is engaged in the business of running and operating hospitals, clinics, health centers, nursing homes, and other related activities. The Company's sole operating segment is Medical and Healthcare Related Services. It also provides surgery services such as Cardiac Surgery, nephrology, urology, neurology, neurosurgery, endocrinology, orthopaedics, internal medicine, obstetrics, gynaecology, paediatrics, neonatology, gastroenterology, and oncology. It has business operations in India and the Rest of the world, of which the maximum revenue is generated from the business operations in India.
93GF Score

Get the complete analysis for NSE:NH

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

₹2,029.50
Price
₹2,278.86
GF Value