Solar Industries India (NSE:SOLARINDS) Cyclically Adjusted Revenue per Share: ₹618.49 (As of Jun. 2026)

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NSE:SOLARINDS Solar Industries India Ltd NSE:SOLARINDS
96 GF Score
Price ₹19,250.00
GF Value ₹19,995.06
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Solar Industries India Cyclically Adjusted Revenue per Share?

Solar Industries India NSE:SOLARINDS -13.64% 96 Cyclically Adjusted Revenue per Share is ₹618.49 as of Jun. 2026. GuruFocus rates NSE:SOLARINDS with a GF Score™ of 96/100 and a GF Value™ of ₹19,995.06 (Fairly Valued). The stock has 5 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.

Solar Industries India's adjusted revenue per share for the three months ended in Jun. 2026 was ₹405.371. 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 ₹618.49 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Solar Industries India's average Cyclically Adjusted Revenue Growth Rate was 25.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 19.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 19.60% 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 Solar Industries India was 20.40% per year. The lowest was 15.60% per year. And the median was 19.05% per year.

As of today (2026-09-16), Solar Industries India's current stock price is ₹19250.00. Solar Industries India's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹618.49. Solar Industries India's Cyclically Adjusted PS Ratio of today is 31.12.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Solar Industries India was 37.71. The lowest was 3.93. And the median was 13.06.


Solar Industries India  (NSE:SOLARINDS) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=19250.00/618.492
=31.12

* 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 Solar Industries India was 37.71. The lowest was 3.93. And the median was 13.06.


Be Aware

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


Solar Industries India Cyclically Adjusted Revenue per Share Related Terms


Solar Industries India Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Solar 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.

Solar Industries India Cyclically Adjusted Revenue per Share Chart

Solar 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 258.87 328.83 388.71 459.25 560.15

Solar 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 489.80 514.70 539.27 568.68 618.49

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

For the Specialty Chemicals subindustry, Solar 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.


Solar Industries India Cyclically Adjusted PS Ratio vs Chemicals Industry

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

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


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

Solar 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, Solar 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)
=405.371/167.3573*167.3573
=405.371

Current CPI (Jun. 2026) = 167.3573.

Solar Industries India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 34.629 105.961 54.694
201612 46.576 105.196 74.098
201703 48.856 105.196 77.725
201706 51.575 107.109 80.586
201709 45.132 109.021 69.282
201712 51.462 109.404 78.722
201803 63.580 109.786 96.921
201806 67.932 111.317 102.131
201809 57.560 115.142 83.663
201812 72.167 115.142 104.894
201903 74.367 118.202 105.293
201906 68.519 120.880 94.864
201909 55.980 123.175 76.060
201912 62.242 126.235 82.518
202003 60.502 124.705 81.195
202006 54.276 127.000 71.523
202009 64.897 130.118 83.470
202012 71.372 130.889 91.258
202103 87.456 131.771 111.075
202106 91.196 134.084 113.826
202109 87.044 135.847 107.234
202112 112.484 138.161 136.255
202203 145.524 138.822 175.437
202206 178.543 142.347 209.912
202209 173.124 144.661 200.286
202212 200.215 145.763 229.876
202303 213.122 146.865 242.860
202306 185.900 150.280 207.025
202309 148.907 151.492 164.502
202312 157.933 152.924 172.839
202403 177.999 153.035 194.658
202406 186.186 155.789 200.012
202409 189.615 157.882 200.995
202412 218.044 158.323 230.486
202503 239.424 157.552 254.325
202506 238.087 159.755 249.417
202509 230.105 162.289 237.291
202512 281.613 163.281 288.644
202603 337.358 164.272 343.693
202606 405.371 167.357 405.371

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 ₹618.49 mean?
Solar Industries India (NSE:SOLARINDS) has a Cyclically Adjusted Revenue per Share of ₹618.49 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 Solar Industries India and its competitors.
Is Solar Industries India's Cyclically Adjusted Revenue per Share too high?
Solar Industries India's current Cyclically Adjusted Revenue per Share is ₹618.49. Overall, Solar Industries India has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Solar Industries India's Cyclically Adjusted Revenue per Share compare to LIN and SHW?
Solar Industries India's Cyclically Adjusted Revenue per Share of ₹618.49 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 Solar Industries India and its competitors. Solar Industries India's current Cyclically Adjusted Revenue per Share is ₹618.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Industries India stock overvalued right now?
Based on GuruFocus' analysis, Solar Industries India (NSE:SOLARINDS) is currently considered Fairly Valued. The stock's GF Value™ is ₹19,995.06, compared to a current price of ₹19,250.00 — trading 3.7% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹618.49. Solar Industries India's overall GF Score™ is 96/100 with 5 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 Solar Industries India (NSE:SOLARINDS), the current Cyclically Adjusted Revenue per Share is ₹618.49 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 Solar Industries India (NSE:SOLARINDS) Overvalued in 2026?

Based on GuruFocus' analysis, Solar Industries India stock appears to be undervalued. The current stock price of ₹19,250.00 is trading 3.7% below its estimated GF Value™ of ₹19,995.06. GuruFocus considers Solar Industries India to be Fairly Valued.

Key valuation signals for NSE:SOLARINDS:

  • Cyclically Adjusted Revenue per Share: ₹618.49
  • GF Value™: ₹19,995.06 vs. price of ₹19,250.00 (3.7% below fair value)
  • GF Score™: 96/100 with 5 warning signs

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


Solar Industries India Business Description

Other Exchanges 532725:India
Address Amravati Road, Solar House, 14, Kachimet, Nagpur, MH, IND, 440023
Solar Industries India Ltd manufactures and sells a variety of explosives and defense products. The company sells bulk and packaged explosives as well as detonation initiating systems to the mining, infrastructure, and construction industries. The firm's defense products include high energy explosives, propellants for delivering missiles and rockets, pyros, bombs, and warheads. Geographically, the group holds its presence in both India and internationally of which Indian region accounts for a majority of revenue.
96GF Score

Get the complete analysis for NSE:SOLARINDS

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

₹19,250.00
Price
₹19,995.06
GF Value