Vedanta (NSE:VEDL) Cyclically Adjusted Revenue per Share: ₹350.39 (As of Jun. 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:VEDL Vedanta Ltd NSE:VEDL
61 GF Score
Price ₹277.00
GF Value ₹96.76
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Vedanta Cyclically Adjusted Revenue per Share?

Vedanta NSE:VEDL +2.97% 61 Cyclically Adjusted Revenue per Share is ₹350.39 as of Jun. 2026. GuruFocus rates NSE:VEDL with a GF Score™ of 61/100 and a GF Value™ of ₹96.76 (Significantly Overvalued). 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.

Vedanta's adjusted revenue per share for the three months ended in Jun. 2026 was ₹59.701. 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 ₹350.39 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Vedanta's average Cyclically Adjusted Revenue Growth Rate was 2.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.00% 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 Vedanta was 9.80% per year. The lowest was 1.40% per year. And the median was 8.10% per year.

As of today (2026-08-06), Vedanta's current stock price is ₹277.00. Vedanta's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₹350.39. Vedanta's Cyclically Adjusted PS Ratio of today is 0.79.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Vedanta was 1.01. The lowest was 0.07. And the median was 0.30.


Vedanta  (NSE:VEDL) 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.

Vedanta's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=277.00/350.39
=0.79

* 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 Vedanta was 1.01. The lowest was 0.07. And the median was 0.30.


Be Aware

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


Vedanta Cyclically Adjusted Revenue per Share Related Terms


Vedanta Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Vedanta'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.

Vedanta Cyclically Adjusted Revenue per Share Chart

Vedanta 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 80.92 95.26 98.63 97.68 99.34

Vedanta 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 97.71 99.43 99.55 99.34 350.39

Vedanta Cyclically Adjusted Revenue per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Vedanta'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.


Vedanta Cyclically Adjusted PS Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Vedanta's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:VEDL
61GF Score
Vedanta Ltd NSE:VEDL
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vedanta 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, Vedanta'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)
=59.701/166.1454*166.1454
=59.701

Current CPI (Jun. 2026) = 166.1454.

Vedanta Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 56.558 105.961 88.682
201612 68.404 105.196 108.037
201703 66.097 105.196 104.393
201706 52.060 107.109 80.755
201709 58.066 109.021 88.491
201712 65.501 109.404 99.473
201803 66.310 109.786 100.350
201806 59.680 111.317 89.075
201809 60.297 115.142 87.006
201812 63.609 115.142 91.785
201903 59.945 118.202 84.259
201906 56.874 120.880 78.171
201909 58.427 123.175 78.810
201912 56.774 126.235 74.723
202003 52.706 124.705 70.221
202006 42.065 127.000 55.031
202009 56.162 130.118 71.712
202012 47.190 130.889 59.901
202103 74.755 131.771 94.256
202106 75.253 134.084 93.247
202109 80.605 135.847 98.583
202112 90.393 138.161 108.702
202203 105.563 138.822 126.340
202206 102.441 142.347 119.567
202209 97.207 144.661 111.644
202212 90.244 145.763 102.863
202303 98.200 146.865 111.092
202306 89.165 150.280 98.578
202309 103.769 151.492 113.806
202312 93.456 152.924 101.536
202403 92.916 153.035 100.876
202406 94.205 155.789 100.468
202409 95.490 157.882 100.488
202412 42.575 158.323 44.679
202503 41.704 157.552 43.979
202506 39.464 159.755 41.043
202509 99.463 162.289 101.826
202512 58.393 163.281 59.417
202603 60.266 164.272 60.953
202606 59.701 166.145 59.701

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 ₹350.39 mean?
Vedanta (NSE:VEDL) has a Cyclically Adjusted Revenue per Share of ₹350.39 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 Vedanta and its competitors.
Is Vedanta's Cyclically Adjusted Revenue per Share too high?
Vedanta's current Cyclically Adjusted Revenue per Share is ₹350.39. Overall, Vedanta has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vedanta's Cyclically Adjusted Revenue per Share compare to competitors?
Vedanta's Cyclically Adjusted Revenue per Share of ₹350.39 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Cyclically Adjusted Revenue per Share depends on the Metals & Mining 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 Vedanta and its competitors. Vedanta's current Cyclically Adjusted Revenue per Share is ₹350.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vedanta stock overvalued right now?
Based on GuruFocus' analysis, Vedanta (NSE:VEDL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹96.76, compared to a current price of ₹277.00 — trading 186.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹350.39. Vedanta's overall GF Score™ is 61/100 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 Vedanta (NSE:VEDL), the current Cyclically Adjusted Revenue per Share is ₹350.39 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 Vedanta (NSE:VEDL) Overvalued in 2026?

Based on GuruFocus' analysis, Vedanta stock appears to be overvalued. The current stock price of ₹277.00 is trading 186.3% above its estimated GF Value™ of ₹96.76. GuruFocus considers Vedanta to be Significantly Overvalued.

Key valuation signals for NSE:VEDL:

  • Cyclically Adjusted Revenue per Share: ₹350.39
  • GF Value™: ₹96.76 vs. price of ₹277.00 (186.3% above fair value)
  • GF Score™: 61/100 with 4 warning signs

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


Vedanta Business Description

Other Exchanges 500295:India
Address Lodhi Road, Core-6, 3rd Floor, Scope Complex 7, New Delhi, MH, IND, 110 003
Vedanta Ltd is a diversified natural resource Group engaged in exploring, extracting and processing minerals. The Group engages in the exploration, production and sale of zinc, lead, silver, copper, iron ore and has a presence across India, South Africa, Namibia, Ireland, Australia, Liberia and UAE. The Group is also in the business of commercial power generation, powercables, steel manufacturing and port operations in India and manufacturing of glass substrate in South Korea and Taiwan. The Group's reportable segments are copper, power, Zinc India, Zinc international, and others. It generates majority of revenue from Zinc India. It has presence in India, Europe, Saudi Arabia, China, The United States of America, Mexico, and Others of which majority of revenue is from India.
61GF Score

Get the complete analysis for NSE:VEDL

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

₹277.00
Price
₹96.76
GF Value