PTC India (NSE:PTC) Cyclically Adjusted Revenue per Share: ₹655.99 (As of Mar. 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:PTC PTC India Ltd NSE:PTC
82 GF Score
Price ₹169.08
GF Value ₹185.60
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is PTC India Cyclically Adjusted Revenue per Share?

PTC India NSE:PTC -0.84% 82 Cyclically Adjusted Revenue per Share is ₹655.99 as of Mar. 2026. GuruFocus rates NSE:PTC with a GF Score™ of 82/100 and a GF Value™ of ₹185.60 (Fairly Valued). The stock has 7 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.

PTC India's adjusted revenue per share for the three months ended in Mar. 2026 was ₹130.449. 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 ₹655.99 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PTC India's average Cyclically Adjusted Revenue Growth Rate was 2.30% 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 (2026-07-18), PTC India's current stock price is ₹169.08. PTC India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹655.99. PTC India's Cyclically Adjusted PS Ratio of today is 0.26.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PTC India was 0.34. The lowest was 0.21. And the median was 0.26.


PTC India  (NSE:PTC) 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.

PTC India's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=169.08/655.99
=0.26

* 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 PTC India was 0.34. The lowest was 0.21. And the median was 0.26.


Be Aware

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


PTC India Cyclically Adjusted Revenue per Share Related Terms


PTC India Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for PTC 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.

PTC India Cyclically Adjusted Revenue per Share Chart

PTC India 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 0.00 642.07 655.99

PTC India 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 642.07 647.21 659.17 657.06 655.99

NSE:PTC vs CEG, VST, NRG: Cyclically Adjusted Revenue per Share Comparison

For the Utilities - Independent Power Producers subindustry, PTC 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.


PTC India Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, PTC India's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:PTC
82GF Score
PTC India Ltd NSE:PTC
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PTC 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, PTC India'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)
=130.449/164.2724*164.2724
=130.449

Current CPI (Mar. 2026) = 164.2724.

PTC India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201103 0.000 70.768 0.000
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 124.823 111.317 184.204
201809 166.203 115.142 237.121
201812 107.993 115.142 154.073
201903 99.594 118.202 138.412
201906 181.909 120.880 247.209
201909 173.367 123.175 231.211
201912 127.539 126.235 165.969
202003 120.785 124.705 159.109
202006 155.233 127.000 200.791
202009 199.617 130.118 252.014
202012 124.175 130.889 155.846
202103 123.561 131.771 154.038
202106 164.778 134.084 201.877
202109 180.068 135.847 217.746
202112 109.347 138.161 130.013
202203 96.733 138.822 114.467
202206 139.905 142.347 161.454
202209 163.711 144.661 185.905
202212 101.840 145.763 114.772
202303 111.914 146.865 125.179
202306 158.618 150.280 173.387
202309 169.312 151.492 183.596
202312 113.629 152.924 122.061
202403 115.809 153.035 124.313
202406 152.462 155.789 160.764
202409 164.072 157.882 170.713
202412 110.931 158.323 115.100
202503 97.570 157.552 101.732
202506 134.344 159.755 138.143
202509 183.172 162.289 185.410
202512 113.550 163.281 114.240
202603 130.449 164.272 130.449

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 ₹655.99 mean?
PTC India (NSE:PTC) has a Cyclically Adjusted Revenue per Share of ₹655.99 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 PTC India and its competitors.
Is PTC India's Cyclically Adjusted Revenue per Share too high?
PTC India's current Cyclically Adjusted Revenue per Share is ₹655.99. Overall, PTC India has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PTC India's Cyclically Adjusted Revenue per Share compare to CEG and VST?
PTC India's Cyclically Adjusted Revenue per Share of ₹655.99 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Cyclically Adjusted Revenue per Share depends on the Utilities - Independent Power Producers 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 PTC India and its competitors. PTC India's current Cyclically Adjusted Revenue per Share is ₹655.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTC India stock overvalued right now?
Based on GuruFocus' analysis, PTC India (NSE:PTC) is currently considered Fairly Valued. The stock's GF Value™ is ₹185.60, compared to a current price of ₹169.08 — trading 8.9% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹655.99. PTC India's overall GF Score™ is 82/100 with 7 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 PTC India (NSE:PTC), the current Cyclically Adjusted Revenue per Share is ₹655.99 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 PTC India (NSE:PTC) Overvalued in 2026?

Based on GuruFocus' analysis, PTC India stock appears to be undervalued. The current stock price of ₹169.08 is trading 8.9% below its estimated GF Value™ of ₹185.60. GuruFocus considers PTC India to be Fairly Valued.

Key valuation signals for NSE:PTC:

  • Cyclically Adjusted Revenue per Share: ₹655.99
  • GF Value™: ₹185.60 vs. price of ₹169.08 (8.9% below fair value)
  • GF Score™: 82/100 with 7 warning signs

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


PTC India Business Description

Other Exchanges 532524:India
Address 15 Bhikaji Cama Place, 2nd Floor, NBCC Tower, New Delhi, IND, 110 066
PTC India Ltd is a holding company. It is involved in the trading of electricity and offers power trading solutions in India. The company's segments include Power: it includes trading & generation of power. Financing business: It includes investing in equity or extending debt to power projects in generation, transmission, distribution, fuel resources, and fuel-related infrastructure. The company derives the majority of its revenue from India.
82GF Score

Get the complete analysis for NSE:PTC

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

₹169.08
Price
₹185.60
GF Value