ALEX (Alexander & Baldwin) Cyclically Adjusted Revenue per Share: $6.06 (As of Dec. 2025)

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ALEX Alexander & Baldwin Inc ALEX
51 GF Score
Price $20.84
GF Value $16.25
! 10 Warning Signs
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What is Alexander & Baldwin Cyclically Adjusted Revenue per Share?

Alexander & Baldwin ALEX 51 Cyclically Adjusted Revenue per Share is $6.06 as of Dec. 2025. GuruFocus rates ALEX with a GF Score™ of 51/100 and a GF Value™ of $16.25. The stock has 10 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.

Alexander & Baldwin's adjusted revenue per share for the three months ended in Dec. 2025 was $0.693. 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 $6.06 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Alexander & Baldwin's average Cyclically Adjusted Revenue Growth Rate was -12.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -9.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -5.10% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Alexander & Baldwin was -1.20% per year. The lowest was -9.00% per year. And the median was -4.90% per year.

As of today (2026-08-26), Alexander & Baldwin's current stock price is $20.84. Alexander & Baldwin's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was $6.06. Alexander & Baldwin's Cyclically Adjusted PS Ratio of today is 3.44.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Alexander & Baldwin was 3.45. The lowest was 1.45. And the median was 2.44.


Alexander & Baldwin  (NYSE:ALEX) 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.

Alexander & Baldwin's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=20.84/6.06
=3.44

* 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 Alexander & Baldwin was 3.45. The lowest was 1.45. And the median was 2.44.


Be Aware

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


Alexander & Baldwin Cyclically Adjusted Revenue per Share Related Terms


Alexander & Baldwin Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Alexander & Baldwin'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.

Alexander & Baldwin Cyclically Adjusted Revenue per Share Chart

Alexander & Baldwin Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.01 8.05 7.58 6.89 6.06

Alexander & Baldwin Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 6.89 6.65 6.35 6.07 6.06

ALEX vs ALX, CBL, GTY: Cyclically Adjusted Revenue per Share Comparison

For the REIT - Retail subindustry, Alexander & Baldwin'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.


Alexander & Baldwin Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Alexander & Baldwin's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ALEX
51GF Score
Alexander & Baldwin Inc ALEX
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alexander & Baldwin 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, Alexander & Baldwin's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.693/324.0540*324.0540
=0.693

Current CPI (Dec. 2025) = 324.0540.

Alexander & Baldwin Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 1.854 238.132 2.523
201606 1.660 241.018 2.232
201609 2.083 241.428 2.796
201612 2.251 241.432 3.021
201703 1.879 243.801 2.498
201706 1.978 244.955 2.617
201709 2.248 246.819 2.951
201712 1.941 246.524 2.551
201803 1.569 249.554 2.037
201806 1.550 251.989 1.993
201809 1.649 252.439 2.117
201812 4.173 251.233 5.383
201903 1.785 254.202 2.275
201906 1.511 256.143 1.912
201909 1.232 256.759 1.555
201912 1.490 256.974 1.879
202003 1.114 258.115 1.399
202006 1.022 257.797 1.285
202009 1.075 260.280 1.338
202012 -0.583 260.474 -0.725
202103 1.116 264.877 1.365
202106 1.230 271.696 1.467
202109 1.160 274.310 1.370
202112 -0.008 278.802 -0.009
202203 0.813 287.504 0.916
202206 0.702 296.311 0.768
202209 0.679 296.808 0.741
202212 0.974 296.797 1.063
202303 0.694 301.836 0.745
202306 0.729 305.109 0.774
202309 0.721 307.789 0.759
202312 0.727 306.746 0.768
202403 0.842 312.332 0.874
202406 0.702 314.175 0.724
202409 0.851 315.301 0.875
202412 0.857 315.605 0.880
202503 0.738 319.799 0.748
202506 0.710 322.561 0.713
202509 0.689 324.800 0.687
202512 0.693 324.054 0.693

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 $6.06 mean?
Alexander & Baldwin (ALEX) has a Cyclically Adjusted Revenue per Share of $6.06 as of Dec. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Alexander & Baldwin and its competitors.
Is Alexander & Baldwin's Cyclically Adjusted Revenue per Share too high?
Alexander & Baldwin's current Cyclically Adjusted Revenue per Share is $6.06. Overall, Alexander & Baldwin has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Alexander & Baldwin's Cyclically Adjusted Revenue per Share compare to ALX and CBL?
Alexander & Baldwin's Cyclically Adjusted Revenue per Share of $6.06 can be compared against companies in the REITs 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 REITs company?
A good Cyclically Adjusted Revenue per Share depends on the REITs 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 Alexander & Baldwin and its competitors. Alexander & Baldwin's current Cyclically Adjusted Revenue per Share is $6.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alexander & Baldwin stock overvalued right now?
Alexander & Baldwin (ALEX) has a current Cyclically Adjusted Revenue per Share of $6.06. The stock's GF Value™ is $16.25, compared to a current price of $20.84 — trading 28.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $6.06. Alexander & Baldwin's overall GF Score™ is 51/100 with 10 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 Alexander & Baldwin (ALEX), the current Cyclically Adjusted Revenue per Share is $6.06 as of Dec. 2025. 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 Alexander & Baldwin (ALEX) Overvalued in 2026?

Based on GuruFocus' analysis, Alexander & Baldwin stock appears to be overvalued. The current stock price of $20.84 is trading 28.2% above its estimated GF Value™ of $16.25.

Key valuation signals for ALEX:

  • Cyclically Adjusted Revenue per Share: $6.06
  • GF Value™: $16.25 vs. price of $20.84 (28.2% above fair value)
  • GF Score™: 51/100 with 10 warning signs

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


Alexander & Baldwin Business Description

Industry Real EstateREITs
Address 822 Bishop Street, Post Office Box 3440, Honolulu, HI, USA, 96801
Alexander & Baldwin Inc is a Hawaii commercial real estate company. The group owns, operates, and manages a million square feet of retail, industrial, and office space in Hawaii. It is a real estate investment trust (REIT) and the owner of grocery and drug-anchored retail centers in the state. It functions through two segments, namely Commercial Real Estate and Land Operations. The Commercial Real Estate segment owns and manages retail, industrial spaces, and also urban ground leases in Hawaii, thereby accounting for a majority of the company's revenue. The Land Operations segment actively manages the company's land and real estate-related assets and makes optimum utilization of these assets. Geographically, the activities are carried out across the United States.
51GF Score

Get the complete analysis for ALEX

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

$20.84
Price
$16.25
GF Value