SpaceNet Enterprises India (NSE:SPCENET) Cyclically Adjusted Revenue per Share: ₹1.77 (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:SPCENET SpaceNet Enterprises India Ltd NSE:SPCENET
66 GF Score
Price ₹3.82
GF Value ₹23.13
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is SpaceNet Enterprises India Cyclically Adjusted Revenue per Share?

SpaceNet Enterprises India NSE:SPCENET -1.29% 66 Cyclically Adjusted Revenue per Share is ₹1.77 as of Mar. 2026. GuruFocus rates NSE:SPCENET with a GF Score™ of 66/100 and a GF Value™ of ₹23.13 (Significantly Undervalued). 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.

SpaceNet Enterprises India's adjusted revenue per share for the three months ended in Mar. 2026 was ₹0.873. 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 ₹1.77 for the trailing ten years ended in Mar. 2026.

During the past 12 months, SpaceNet Enterprises India's average Cyclically Adjusted Revenue Growth Rate was 4.10% 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 (2026-08-12), SpaceNet Enterprises India's current stock price is ₹3.82. SpaceNet Enterprises India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹1.77. SpaceNet Enterprises India's Cyclically Adjusted PS Ratio of today is 2.16.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of SpaceNet Enterprises India was 10.75. The lowest was 1.77. And the median was 5.16.


SpaceNet Enterprises India  (NSE:SPCENET) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3.82/1.77
=2.16

* 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 SpaceNet Enterprises India was 10.75. The lowest was 1.77. And the median was 5.16.


Be Aware

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


SpaceNet Enterprises India Cyclically Adjusted Revenue per Share Related Terms


SpaceNet Enterprises India Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for SpaceNet Enterprises 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.

SpaceNet Enterprises India Cyclically Adjusted Revenue per Share Chart

SpaceNet Enterprises 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 3.51 1.70 1.77

SpaceNet Enterprises 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 1.70 1.61 1.62 1.67 1.77

NSE:SPCENET vs MS, GS, SCHW: Cyclically Adjusted Revenue per Share Comparison

For the Capital Markets subindustry, SpaceNet Enterprises 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.


SpaceNet Enterprises India Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SpaceNet Enterprises India's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:SPCENET
66GF Score
SpaceNet Enterprises India Ltd NSE:SPCENET
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SpaceNet Enterprises 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, SpaceNet Enterprises 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)
=0.873/164.2724*164.2724
=0.873

Current CPI (Mar. 2026) = 164.2724.

SpaceNet Enterprises India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.040 105.961 0.062
201609 0.035 105.961 0.054
201612 0.005 105.196 0.008
201703 0.216 105.196 0.337
201706 0.030 107.109 0.046
201709 0.021 109.021 0.032
201712 0.023 109.404 0.035
201803 0.026 109.786 0.039
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.109 115.142 0.156
201903 0.000 118.202 0.000
201906 0.023 120.880 0.031
201909 0.207 123.175 0.276
201912 0.142 126.235 0.185
202003 0.283 124.705 0.373
202006 0.369 127.000 0.477
202009 0.402 130.118 0.508
202012 0.200 130.889 0.251
202103 0.113 131.771 0.141
202106 0.098 134.084 0.120
202109 0.393 135.847 0.475
202112 0.322 138.161 0.383
202203 0.491 138.822 0.581
202206 0.367 142.347 0.424
202209 1.012 144.661 1.149
202212 0.572 145.763 0.645
202303 0.513 146.865 0.574
202306 0.442 150.280 0.483
202309 0.529 151.492 0.574
202312 0.587 152.924 0.631
202403 0.774 153.035 0.831
202406 0.668 155.789 0.704
202409 0.792 157.882 0.824
202412 0.589 158.323 0.611
202503 0.761 157.552 0.793
202506 0.984 159.755 1.012
202509 0.799 162.289 0.809
202512 0.862 163.281 0.867
202603 0.873 164.272 0.873

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 ₹1.77 mean?
SpaceNet Enterprises India (NSE:SPCENET) has a Cyclically Adjusted Revenue per Share of ₹1.77 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 SpaceNet Enterprises India and its competitors.
Is SpaceNet Enterprises India's Cyclically Adjusted Revenue per Share too high?
SpaceNet Enterprises India's current Cyclically Adjusted Revenue per Share is ₹1.77. Overall, SpaceNet Enterprises India has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SpaceNet Enterprises India's Cyclically Adjusted Revenue per Share compare to MS and GS?
SpaceNet Enterprises India's Cyclically Adjusted Revenue per Share of ₹1.77 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Cyclically Adjusted Revenue per Share depends on the Capital Markets 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 SpaceNet Enterprises India and its competitors. SpaceNet Enterprises India's current Cyclically Adjusted Revenue per Share is ₹1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SpaceNet Enterprises India stock overvalued right now?
Based on GuruFocus' analysis, SpaceNet Enterprises India (NSE:SPCENET) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹23.13, compared to a current price of ₹3.82 — trading 83.5% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹1.77. SpaceNet Enterprises India's overall GF Score™ is 66/100 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 SpaceNet Enterprises India (NSE:SPCENET), the current Cyclically Adjusted Revenue per Share is ₹1.77 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 SpaceNet Enterprises India (NSE:SPCENET) Overvalued in 2026?

Based on GuruFocus' analysis, SpaceNet Enterprises India stock appears to be undervalued. The current stock price of ₹3.82 is trading 83.5% below its estimated GF Value™ of ₹23.13. GuruFocus considers SpaceNet Enterprises India to be Significantly Undervalued.

Key valuation signals for NSE:SPCENET:

  • Cyclically Adjusted Revenue per Share: ₹1.77
  • GF Value™: ₹23.13 vs. price of ₹3.82 (83.5% below fair value)
  • GF Score™: 66/100 with 4 warning signs

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


SpaceNet Enterprises India Business Description

Address Street No. 03, Raidurgam, Prasanth Hills, Plot No. 114, Survey No. 66/2, Gachibowli, Nav Khalsa, Serilingampally, Ranga Reddy, Hyderabad, TG, IND, 500008
SpaceNet Enterprises India Ltd is a FinTech company engaged in developing software tools and platforms for commodity trading, offering fast, flexible, and reliable trading solutions. The company also invests in and deals in gold and other commodities and operates in the TradeTech and trade finance space, supporting traders, SMEs, MSMEs, and broader trade channels through its technology-driven solutions. The group operates in two reportable segments: commodity trading and IT services.
66GF Score

Get the complete analysis for NSE:SPCENET

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

₹3.82
Price
₹23.13
GF Value