Ramco Cements (NSE:RAMCOCEM) Cyclically Adjusted Revenue per Share: ₹338.27 (As of Mar. 2026)

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NSE:RAMCOCEM Ramco Cements Ltd NSE:RAMCOCEM
80 GF Score
Price ₹925.80
GF Value ₹983.90
Valuation Fairly Valued
! 4 Warning Signs
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What is Ramco Cements Cyclically Adjusted Revenue per Share?

Ramco Cements NSE:RAMCOCEM +0.65% 80 Cyclically Adjusted Revenue per Share is ₹338.27 as of Mar. 2026. GuruFocus rates NSE:RAMCOCEM with a GF Score™ of 80/100 and a GF Value™ of ₹983.90 (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.

Ramco Cements's adjusted revenue per share for the three months ended in Mar. 2026 was ₹110.517. 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 ₹338.27 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ramco Cements's average Cyclically Adjusted Revenue Growth Rate was 8.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.20% 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 Ramco Cements was 8.50% per year. The lowest was 8.00% per year. And the median was 8.40% per year.

As of today (2026-07-21), Ramco Cements's current stock price is ₹925.80. Ramco Cements's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹338.27. Ramco Cements's Cyclically Adjusted PS Ratio of today is 2.74.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ramco Cements was 4.84. The lowest was 2.39. And the median was 3.16.


Ramco Cements  (NSE:RAMCOCEM) 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.

Ramco Cements's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=925.80/338.27
=2.74

* 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 Ramco Cements was 4.84. The lowest was 2.39. And the median was 3.16.


Be Aware

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


Ramco Cements Cyclically Adjusted Revenue per Share Related Terms


Ramco Cements Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Ramco Cements'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.

Ramco Cements Cyclically Adjusted Revenue per Share Chart

Ramco Cements 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 244.07 268.85 292.80 311.71 338.27

Ramco Cements 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 311.71 318.35 326.26 331.81 338.27

NSE:RAMCOCEM vs CRH, VMC, MLM: Cyclically Adjusted Revenue per Share Comparison

For the Building Materials subindustry, Ramco Cements'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.


Ramco Cements Cyclically Adjusted PS Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ramco Cements's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:RAMCOCEM
80GF Score
Ramco Cements Ltd NSE:RAMCOCEM
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ramco Cements 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, Ramco Cements'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)
=110.517/164.2724*164.2724
=110.517

Current CPI (Mar. 2026) = 164.2724.

Ramco Cements Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 39.068 99.841 64.280
201509 37.660 101.753 60.799
201512 34.603 102.901 55.241
201603 40.195 102.518 64.407
201609 42.170 105.961 65.377
201703 0.000 105.196 0.000
201709 42.756 109.021 64.424
201803 0.000 109.786 0.000
201806 55.619 111.317 82.078
201809 47.430 115.142 67.668
201812 49.467 115.142 70.574
201903 72.611 118.202 100.912
201906 62.498 120.880 84.933
201909 52.110 123.175 69.497
201912 53.816 126.235 70.032
202003 65.382 124.705 86.127
202006 43.641 127.000 56.449
202009 54.960 130.118 69.386
202012 57.685 130.889 72.398
202103 72.538 131.771 90.430
202106 49.201 134.084 60.278
202109 63.550 135.847 76.848
202112 67.468 138.161 80.219
202203 77.543 138.822 91.759
202206 77.855 142.347 89.847
202209 75.710 144.661 85.974
202212 88.172 145.763 99.368
202303 110.990 146.865 124.146
202306 98.429 150.280 107.594
202309 102.371 151.492 111.007
202312 92.451 152.924 99.312
202403 116.140 153.035 124.669
202406 91.832 155.789 96.833
202409 89.083 157.882 92.689
202412 82.870 158.323 85.984
202503 101.453 157.552 105.781
202506 87.810 159.755 90.293
202509 94.656 162.289 95.813
202512 89.068 163.281 89.609
202603 110.517 164.272 110.517

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 ₹338.27 mean?
Ramco Cements (NSE:RAMCOCEM) has a Cyclically Adjusted Revenue per Share of ₹338.27 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 Ramco Cements and its competitors.
Is Ramco Cements' Cyclically Adjusted Revenue per Share too high?
Ramco Cements' current Cyclically Adjusted Revenue per Share is ₹338.27. Overall, Ramco Cements has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ramco Cements' Cyclically Adjusted Revenue per Share compare to CRH and VMC?
Ramco Cements' Cyclically Adjusted Revenue per Share of ₹338.27 can be compared against companies in the Building Materials 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 Building Materials company?
A good Cyclically Adjusted Revenue per Share depends on the Building Materials 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 Ramco Cements and its competitors. Ramco Cements's current Cyclically Adjusted Revenue per Share is ₹338.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramco Cements stock overvalued right now?
Based on GuruFocus' analysis, Ramco Cements (NSE:RAMCOCEM) is currently considered Fairly Valued. The stock's GF Value™ is ₹983.90, compared to a current price of ₹925.80 — trading 5.9% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹338.27. Ramco Cements' overall GF Score™ is 80/100 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 Ramco Cements (NSE:RAMCOCEM), the current Cyclically Adjusted Revenue per Share is ₹338.27 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 Ramco Cements (NSE:RAMCOCEM) Overvalued in 2026?

Based on GuruFocus' analysis, Ramco Cements stock appears to be undervalued. The current stock price of ₹925.80 is trading 5.9% below its estimated GF Value™ of ₹983.90. GuruFocus considers Ramco Cements to be Fairly Valued.

Key valuation signals for NSE:RAMCOCEM:

  • Cyclically Adjusted Revenue per Share: ₹338.27
  • GF Value™: ₹983.90 vs. price of ₹925.80 (5.9% below fair value)
  • GF Score™: 80/100 with 4 warning signs

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


Ramco Cements Business Description

Other Exchanges 500260:India
Address No. 98-A, Dr. Radhakrishnan Road, Auras Corporate Centre, 5th Floor, Mylapore, Chennai, TN, IND, 600004
Ramco Cements Ltd, part of Ramco Group, is a producer of Portland cement. The company owns grinding units and packing terminals, as well as integrated cement plants. Its cement is sold under the Ramco Supergrade brand in India. Other products include ready-mix concrete and dry-mortar products. Ramco Cements also operates wind farms in India.
80GF Score

Get the complete analysis for NSE:RAMCOCEM

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

₹925.80
Price
₹983.90
GF Value