Pidilite Industries (NSE:PIDILITIND) Cyclically Adjusted Revenue per Share: ₹115.04 (As of Jun. 2026)

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NSE:PIDILITIND Pidilite Industries Ltd NSE:PIDILITIND
96 GF Score
Price ₹1,674.00
GF Value ₹1,760.84
Valuation Fairly Valued
! 4 Warning Signs
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What is Pidilite Industries Cyclically Adjusted Revenue per Share?

Pidilite Industries NSE:PIDILITIND +0.30% 96 Cyclically Adjusted Revenue per Share is ₹115.04 as of Jun. 2026. GuruFocus rates NSE:PIDILITIND with a GF Score™ of 96/100 and a GF Value™ of ₹1,760.84 (Fairly Valued). The stock has 4 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.

Pidilite Industries's adjusted revenue per share for the three months ended in Jun. 2026 was ₹44.607. 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 ₹115.04 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Pidilite Industries's average Cyclically Adjusted Revenue Growth Rate was 10.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Pidilite Industries was 11.50% per year. The lowest was 9.70% per year. And the median was 10.40% per year.

As of today (2026-08-19), Pidilite Industries's current stock price is ₹1674.00. Pidilite Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹115.04. Pidilite Industries's Cyclically Adjusted PS Ratio of today is 14.55.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Pidilite Industries was 18.59. The lowest was 9.63. And the median was 14.38.


Pidilite Industries  (NSE:PIDILITIND) 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.

Pidilite Industries's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1674.00/115.04
=14.55

* 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 Pidilite Industries was 18.59. The lowest was 9.63. And the median was 14.38.


Be Aware

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


Pidilite Industries Cyclically Adjusted Revenue per Share Related Terms


Pidilite Industries Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Pidilite Industries'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.

Pidilite Industries Cyclically Adjusted Revenue per Share Chart

Pidilite Industries 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 74.80 84.55 93.29 101.25 111.70

Pidilite Industries 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 104.08 107.20 109.45 111.70 115.04

NSE:PIDILITIND vs LIN, SHW, ECL: Cyclically Adjusted Revenue per Share Comparison

For the Specialty Chemicals subindustry, Pidilite Industries'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.


Pidilite Industries Cyclically Adjusted PS Ratio vs Chemicals Industry

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

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


NSE:PIDILITIND
96GF Score
Pidilite Industries Ltd NSE:PIDILITIND
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pidilite Industries 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, Pidilite Industries'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)
=44.607/167.3573*167.3573
=44.607

Current CPI (Jun. 2026) = 167.3573.

Pidilite Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 13.828 105.961 21.840
201612 13.019 105.196 20.712
201703 12.632 105.196 20.096
201706 14.920 107.109 23.312
201709 14.909 109.021 22.887
201712 15.053 109.404 23.027
201803 14.603 109.786 22.261
201806 18.059 111.317 27.151
201809 17.297 115.142 25.141
201812 18.186 115.142 26.433
201903 15.704 118.202 22.235
201906 19.831 120.880 27.456
201909 17.775 123.175 24.151
201912 18.940 126.235 25.110
202003 14.798 124.705 19.859
202006 8.687 127.000 11.447
202009 18.491 130.118 23.783
202012 22.609 130.889 28.908
202103 21.572 131.771 27.398
202106 19.054 134.084 23.782
202109 25.832 135.847 31.824
202112 28.031 138.161 33.955
202203 24.257 138.822 29.243
202206 30.475 142.347 35.829
202209 29.619 144.661 34.266
202212 29.466 145.763 33.831
202303 25.958 146.865 29.580
202306 32.180 150.280 35.837
202309 30.238 151.492 33.405
202312 30.780 152.924 33.685
202403 27.993 153.035 30.613
202406 33.359 155.789 35.836
202409 31.710 157.882 33.613
202412 33.054 158.323 34.940
202503 30.791 157.552 32.707
202506 36.838 159.755 38.591
202509 34.855 162.289 35.943
202512 36.438 163.281 37.348
202603 35.137 164.272 35.797
202606 44.607 167.357 44.607

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 ₹115.04 mean?
Pidilite Industries (NSE:PIDILITIND) has a Cyclically Adjusted Revenue per Share of ₹115.04 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 Pidilite Industries and its competitors.
Is Pidilite Industries' Cyclically Adjusted Revenue per Share too high?
Pidilite Industries' current Cyclically Adjusted Revenue per Share is ₹115.04. Overall, Pidilite Industries has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pidilite Industries' Cyclically Adjusted Revenue per Share compare to LIN and SHW?
Pidilite Industries' Cyclically Adjusted Revenue per Share of ₹115.04 can be compared against companies in the Chemicals 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 Chemicals company?
A good Cyclically Adjusted Revenue per Share depends on the Chemicals 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 Pidilite Industries and its competitors. Pidilite Industries's current Cyclically Adjusted Revenue per Share is ₹115.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pidilite Industries stock overvalued right now?
Based on GuruFocus' analysis, Pidilite Industries (NSE:PIDILITIND) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,760.84, compared to a current price of ₹1,674.00 — trading 4.9% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹115.04. Pidilite Industries' overall GF Score™ is 96/100 with 4 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 Pidilite Industries (NSE:PIDILITIND), the current Cyclically Adjusted Revenue per Share is ₹115.04 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 Pidilite Industries (NSE:PIDILITIND) Overvalued in 2026?

Based on GuruFocus' analysis, Pidilite Industries stock appears to be undervalued. The current stock price of ₹1,674.00 is trading 4.9% below its estimated GF Value™ of ₹1,760.84. GuruFocus considers Pidilite Industries to be Fairly Valued.

Key valuation signals for NSE:PIDILITIND:

  • Cyclically Adjusted Revenue per Share: ₹115.04
  • GF Value™: ₹1,760.84 vs. price of ₹1,674.00 (4.9% below fair value)
  • GF Score™: 96/100 with 4 warning signs

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


Pidilite Industries Business Description

Other Exchanges 500331:India
Address 4V89+5V8, Ramkrishna Mandir Road, Off Mathuradas Vasanji Road, Andheri East, Mumbai, MH, IND, 400059
Pidilite Industries Ltd manufactures and sells paints, adhesives, and sealants in two segments based on the customer: The Branded Consumer & Bazaar segment, which generates the majority of revenue, sells adhesives and sealants, construction and paint chemicals, art and craft materials, and others. These products are widely used by carpenters, painters, plumbers, mechanics, households, students, offices, etc. The Business to Business segment sells industrial products such as industrial adhesives, resins, and organic pigments and preparations, etc., and caters to various industries like packaging, joineries, textiles, paints, printing inks, paper, leather, etc. Pidilite Industries sells its products through dealers and distribution networks. The vast majority of its revenue comes from India.
96GF Score

Get the complete analysis for NSE:PIDILITIND

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

₹1,674.00
Price
₹1,760.84
GF Value