Safari Industries (India) (NSE:SAFARI) Cyclically Adjusted Revenue per Share: ₹250.85 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:SAFARI Safari Industries (India) Ltd NSE:SAFARI
73 GF Score
Price ₹1,486.60
GF Value ₹2,716.44
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Safari Industries (India) Cyclically Adjusted Revenue per Share?

Safari Industries (India) NSE:SAFARI -0.28% 73 Cyclically Adjusted Revenue per Share is ₹250.85 as of Jun. 2026. GuruFocus rates NSE:SAFARI with a GF Score™ of 73/100 and a GF Value™ of ₹2,716.44 (Significantly 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.

Safari Industries (India)'s adjusted revenue per share for the three months ended in Jun. 2026 was ₹120.057. 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 ₹250.85 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Safari Industries (India)'s average Cyclically Adjusted Revenue Growth Rate was 24.30% 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 (2026-08-09), Safari Industries (India)'s current stock price is ₹1486.60. Safari Industries (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹250.85. Safari Industries (India)'s Cyclically Adjusted PS Ratio of today is 5.93.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Safari Industries (India) was 15.79. The lowest was 5.93. And the median was 11.90.


Safari Industries (India)  (NSE:SAFARI) 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.

Safari Industries (India)'s Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1486.60/250.85
=5.93

* 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 Safari Industries (India) was 15.79. The lowest was 5.93. And the median was 11.90.


Be Aware

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


Safari Industries (India) Cyclically Adjusted Revenue per Share Related Terms


Safari Industries (India) Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Safari Industries (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.

Safari Industries (India) Cyclically Adjusted Revenue per Share Chart

Safari Industries (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 0.00 153.53 190.22 236.50

Safari Industries (India) 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 203.75 217.86 228.31 236.50 250.85

NSE:SAFARI vs NKE, DECK, ONON: Cyclically Adjusted Revenue per Share Comparison

For the Footwear & Accessories subindustry, Safari Industries (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.


Safari Industries (India) Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Safari Industries (India)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Safari Industries (India)'s Cyclically Adjusted PS Ratio falls into.


NSE:SAFARI
73GF Score
Safari Industries (India) Ltd NSE:SAFARI
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Safari Industries (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, Safari Industries (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)
=120.057/166.1454*166.1454
=120.057

Current CPI (Jun. 2026) = 166.1454.

Safari Industries (India) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 13.043 91.425 23.703
201403 14.266 91.425 25.925
201406 21.359 94.103 37.711
201409 11.702 96.780 20.089
201412 12.580 96.780 21.596
201503 20.655 97.163 35.319
201506 19.361 99.841 32.219
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201903 0.000 118.202 0.000
201906 45.546 120.880 62.602
201909 38.292 123.175 51.650
201912 37.139 126.235 48.881
202003 31.893 124.705 42.491
202006 4.496 127.000 5.882
202009 14.069 130.118 17.964
202012 25.026 130.889 31.767
202103 29.396 131.771 37.065
202106 26.230 134.084 32.502
202109 40.047 135.847 48.979
202112 43.016 138.161 51.729
202203 40.225 138.822 48.142
202206 63.754 142.347 74.413
202209 66.971 144.661 76.917
202212 63.287 145.763 72.137
202303 62.573 146.865 70.788
202306 89.284 150.280 98.710
202309 77.429 151.492 84.918
202312 81.243 152.924 88.267
202403 75.166 153.035 81.606
202406 91.908 155.789 98.018
202409 93.533 157.882 98.428
202412 90.419 158.323 94.886
202503 85.915 157.552 90.601
202506 107.782 159.755 112.093
202509 108.892 162.289 111.479
202512 104.374 163.281 106.205
202603 96.631 164.272 97.733
202606 120.057 166.145 120.057

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 ₹250.85 mean?
Safari Industries (India) (NSE:SAFARI) has a Cyclically Adjusted Revenue per Share of ₹250.85 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 Safari Industries (India) and its competitors.
Is Safari Industries (India)'s Cyclically Adjusted Revenue per Share too high?
Safari Industries (India)'s current Cyclically Adjusted Revenue per Share is ₹250.85. Overall, Safari Industries (India) has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Safari Industries (India)'s Cyclically Adjusted Revenue per Share compare to NKE and DECK?
Safari Industries (India)'s Cyclically Adjusted Revenue per Share of ₹250.85 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Revenue per Share depends on the Manufacturing - Apparel & Accessories 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 Safari Industries (India) and its competitors. Safari Industries (India)'s current Cyclically Adjusted Revenue per Share is ₹250.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safari Industries (India) stock overvalued right now?
Based on GuruFocus' analysis, Safari Industries (India) (NSE:SAFARI) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2,716.44, compared to a current price of ₹1,486.60 — trading 45.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹250.85. Safari Industries (India)'s overall GF Score™ is 73/100 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 Safari Industries (India) (NSE:SAFARI), the current Cyclically Adjusted Revenue per Share is ₹250.85 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 Safari Industries (India) (NSE:SAFARI) Overvalued in 2026?

Based on GuruFocus' analysis, Safari Industries (India) stock appears to be undervalued. The current stock price of ₹1,486.60 is trading 45.3% below its estimated GF Value™ of ₹2,716.44. GuruFocus considers Safari Industries (India) to be Significantly Undervalued.

Key valuation signals for NSE:SAFARI:

  • Cyclically Adjusted Revenue per Share: ₹250.85
  • GF Value™: ₹2,716.44 vs. price of ₹1,486.60 (45.3% below fair value)
  • GF Score™: 73/100 with 2 warning signs

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


Safari Industries (India) Business Description

Other Exchanges 523025:India
Address A/2, MV Road, 302-303, A Wing, The Qube, CTS No. 1498, Marol, Andheri (East), Mumbai, MH, IND, 400059
Safari Industries (India) Ltd is an India-based company engaged in the manufacturing and marketing of luggage and luggage accessories. The company offers Hard luggage cases and Soft luggage cases. The company's product range includes Laptop bags, Backpacks, suitcases, four and two-wheel trolleys, Duffle bags, and Rolling duffle bags, and others.
73GF Score

Get the complete analysis for NSE:SAFARI

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

₹1,486.60
Price
₹2,716.44
GF Value