Zenith Exports (NSE:ZENITHEXPO) Cyclically Adjusted Revenue per Share: ₹185.88 (As of Mar. 2026)

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NSE:ZENITHEXPO Zenith Exports Ltd NSE:ZENITHEXPO
71 GF Score
Price ₹197.00
GF Value ₹191.91
Valuation Fairly Valued
! 3 Warning Signs
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What is Zenith Exports Cyclically Adjusted Revenue per Share?

Zenith Exports NSE:ZENITHEXPO -0.95% 71 Cyclically Adjusted Revenue per Share is ₹185.88 as of Mar. 2026. GuruFocus rates NSE:ZENITHEXPO with a GF Score™ of 71/100 and a GF Value™ of ₹191.91 (Fairly Valued). The stock has 3 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.

Zenith Exports's adjusted revenue per share for the three months ended in Mar. 2026 was ₹24.015. 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 ₹185.88 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Zenith Exports's average Cyclically Adjusted Revenue Growth Rate was -18.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -18.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -15.00% 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 Zenith Exports was -11.90% per year. The lowest was -18.00% per year. And the median was -16.10% per year.

As of today (2026-08-04), Zenith Exports's current stock price is ₹197.00. Zenith Exports's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹185.88. Zenith Exports's Cyclically Adjusted PS Ratio of today is 1.06.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Zenith Exports was 1.47. The lowest was 0.15. And the median was 0.37.


Zenith Exports  (NSE:ZENITHEXPO) 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.

Zenith Exports's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=197.00/185.88
=1.06

* 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 Zenith Exports was 1.47. The lowest was 0.15. And the median was 0.37.


Be Aware

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


Zenith Exports Cyclically Adjusted Revenue per Share Related Terms


Zenith Exports Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Zenith Exports'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.

Zenith Exports Cyclically Adjusted Revenue per Share Chart

Zenith Exports 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 411.38 335.04 292.83 237.44 185.88

Zenith Exports 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 237.44 225.73 200.79 203.84 185.88

Zenith Exports Cyclically Adjusted Revenue per Share Competitor Comparison

For the Textile Manufacturing subindustry, Zenith Exports'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.


Zenith Exports Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zenith Exports's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:ZENITHEXPO
71GF Score
Zenith Exports Ltd NSE:ZENITHEXPO
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zenith Exports 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, Zenith Exports'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)
=24.015/164.2724*164.2724
=24.015

Current CPI (Mar. 2026) = 164.2724.

Zenith Exports Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 69.552 105.961 107.827
201609 49.504 105.961 76.746
201612 53.170 105.196 83.029
201703 47.917 105.196 74.826
201706 69.863 107.109 107.149
201709 47.911 109.021 72.192
201712 40.508 109.404 60.824
201803 44.560 109.786 66.675
201806 42.011 111.317 61.997
201809 50.352 115.142 71.837
201812 45.460 115.142 64.858
201903 30.963 118.202 43.031
201906 38.399 120.880 52.183
201909 50.249 123.175 67.015
201912 29.701 126.235 38.650
202003 26.001 124.705 34.251
202006 19.647 127.000 25.413
202009 25.106 130.118 31.696
202012 23.920 130.889 30.021
202103 21.422 131.771 26.706
202106 36.440 134.084 44.644
202109 41.222 135.847 49.848
202112 33.804 138.161 40.193
202203 60.260 138.822 71.308
202206 35.301 142.347 40.738
202209 28.994 144.661 32.925
202212 23.808 145.763 26.831
202303 23.108 146.865 25.847
202306 38.859 150.280 42.477
202309 41.439 151.492 44.935
202312 33.987 152.924 36.509
202403 31.220 153.035 33.513
202406 30.715 155.789 32.388
202409 29.826 157.882 31.033
202412 34.370 158.323 35.662
202503 38.649 157.552 40.298
202506 33.117 159.755 34.053
202509 36.230 162.289 36.673
202512 25.839 163.281 25.996
202603 24.015 164.272 24.015

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 ₹185.88 mean?
Zenith Exports (NSE:ZENITHEXPO) has a Cyclically Adjusted Revenue per Share of ₹185.88 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 Zenith Exports and its competitors.
Is Zenith Exports' Cyclically Adjusted Revenue per Share too high?
Zenith Exports' current Cyclically Adjusted Revenue per Share is ₹185.88. Overall, Zenith Exports has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zenith Exports' Cyclically Adjusted Revenue per Share compare to competitors?
Zenith Exports' Cyclically Adjusted Revenue per Share of ₹185.88 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 Zenith Exports and its competitors. Zenith Exports's current Cyclically Adjusted Revenue per Share is ₹185.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenith Exports stock overvalued right now?
Based on GuruFocus' analysis, Zenith Exports (NSE:ZENITHEXPO) is currently considered Fairly Valued. The stock's GF Value™ is ₹191.91, compared to a current price of ₹197.00 — trading 2.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹185.88. Zenith Exports' overall GF Score™ is 71/100 with 3 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 Zenith Exports (NSE:ZENITHEXPO), the current Cyclically Adjusted Revenue per Share is ₹185.88 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 Zenith Exports (NSE:ZENITHEXPO) Overvalued in 2026?

Based on GuruFocus' analysis, Zenith Exports stock appears to be overvalued. The current stock price of ₹197.00 is trading 2.7% above its estimated GF Value™ of ₹191.91. GuruFocus considers Zenith Exports to be Fairly Valued.

Key valuation signals for NSE:ZENITHEXPO:

  • Cyclically Adjusted Revenue per Share: ₹185.88
  • GF Value™: ₹191.91 vs. price of ₹197.00 (2.7% above fair value)
  • GF Score™: 71/100 with 3 warning signs

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


Zenith Exports Business Description

Other Exchanges 512553:India
Address 19, Rajendra Nath Mukherjee Road, 1st Floor, Kolkata, WB, IND, 700001
Zenith Exports Ltd is an India-based company engaged in the business of Leather Goods & Textile Fabrics. Its segment includes Silk Fabrics & Made-ups, Silk Fabrics & Made-ups, Yarns, and Weavings Silk Fabrics. It generates the majority of its revenue from the Industrial Leather H/Gloves & Made-ups. Geographically, it derives the majority of its revenue from Outside India.
71GF Score

Get the complete analysis for NSE:ZENITHEXPO

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

₹197.00
Price
₹191.91
GF Value