Deutsche Lufthansa AG (BSE:LHA) Cyclically Adjusted Revenue per Share: lei250.18 (As of Mar. 2026)

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BSE:LHA Deutsche Lufthansa AG BSE:LHA
84 GF Score
Price lei47.45
GF Value lei45.00
Valuation Fairly Valued
! 2 Warning Signs
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What is Deutsche Lufthansa AG Cyclically Adjusted Revenue per Share?

Deutsche Lufthansa AG BSE:LHA +0.96% 84 Cyclically Adjusted Revenue per Share is lei250.18 as of Mar. 2026. GuruFocus rates BSE:LHA with a GF Score™ of 84/100 and a GF Value™ of lei45.00 (Fairly Valued). The stock has 2 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.

Deutsche Lufthansa AG's adjusted revenue per share for the three months ended in Mar. 2026 was lei38.552. 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 lei250.18 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Deutsche Lufthansa AG's average Cyclically Adjusted Revenue Growth Rate was -4.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.90% 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 Deutsche Lufthansa AG was -0.70% per year. The lowest was -3.40% per year. And the median was -1.30% per year.

As of today (2026-07-29), Deutsche Lufthansa AG's current stock price is lei47.45. Deutsche Lufthansa AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was lei250.18. Deutsche Lufthansa AG's Cyclically Adjusted PS Ratio of today is 0.19.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Deutsche Lufthansa AG was 0.39. The lowest was 0.10. And the median was 0.16.


Deutsche Lufthansa AG  (BSE:LHA) 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.

Deutsche Lufthansa AG's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=47.45/250.18
=0.19

* 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 Deutsche Lufthansa AG was 0.39. The lowest was 0.10. And the median was 0.16.


Be Aware

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


Deutsche Lufthansa AG Cyclically Adjusted Revenue per Share Related Terms


Deutsche Lufthansa AG Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Deutsche Lufthansa AG'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.

Deutsche Lufthansa AG Cyclically Adjusted Revenue per Share Chart

Deutsche Lufthansa AG 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 238.02 242.75 239.30 246.59 224.67

Deutsche Lufthansa AG 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 226.76 226.50 228.98 224.67 250.18

BSE:LHA vs DAL, UAL, LUV: Cyclically Adjusted Revenue per Share Comparison

For the Airlines subindustry, Deutsche Lufthansa AG'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.


Deutsche Lufthansa AG Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Deutsche Lufthansa AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSE:LHA
84GF Score
Deutsche Lufthansa AG BSE:LHA
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deutsche Lufthansa AG 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, Deutsche Lufthansa AG'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)
=38.552/131.2583*131.2583
=38.552

Current CPI (Mar. 2026) = 131.2583.

Deutsche Lufthansa AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 64.092 100.717 83.527
201609 69.578 101.017 90.408
201612 57.040 101.217 73.970
201703 57.258 101.417 74.106
201706 72.496 102.117 93.184
201709 81.419 102.717 104.042
201712 70.053 102.617 89.605
201803 65.235 102.917 83.199
201806 74.948 104.017 94.576
201809 80.162 104.718 100.479
201812 67.797 104.217 85.388
201903 60.819 104.217 76.599
201906 75.012 105.718 93.134
201909 76.497 106.018 94.709
201912 67.613 105.818 83.869
202003 48.570 105.718 60.304
202006 14.546 106.618 17.908
202009 17.818 105.818 22.102
202012 24.131 105.518 30.018
202103 23.314 107.518 28.462
202106 29.483 108.486 35.672
202109 41.648 109.435 49.953
202112 25.210 110.384 29.978
202203 21.071 113.968 24.268
202206 32.846 115.760 37.243
202209 36.117 118.818 39.899
202212 33.857 119.345 37.237
202303 28.736 122.402 30.815
202306 34.846 123.140 37.143
202309 42.066 124.195 44.459
202312 36.537 123.773 38.747
202403 30.704 125.038 32.231
202406 40.958 125.882 42.707
202409 45.786 126.198 47.622
202412 37.780 127.041 39.034
202503 33.527 127.779 34.440
202506 45.186 128.412 46.188
202509 50.398 129.255 51.179
202512 44.448 129.361 45.100
202603 38.552 131.258 38.552

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 lei250.18 mean?
Deutsche Lufthansa AG (BSE:LHA) has a Cyclically Adjusted Revenue per Share of lei250.18 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 Deutsche Lufthansa AG and its competitors.
Is Deutsche Lufthansa AG's Cyclically Adjusted Revenue per Share too high?
Deutsche Lufthansa AG's current Cyclically Adjusted Revenue per Share is lei250.18. Overall, Deutsche Lufthansa AG has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Deutsche Lufthansa AG's Cyclically Adjusted Revenue per Share compare to DAL and UAL?
Deutsche Lufthansa AG's Cyclically Adjusted Revenue per Share of lei250.18 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted Revenue per Share depends on the Transportation 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 Deutsche Lufthansa AG and its competitors. Deutsche Lufthansa AG's current Cyclically Adjusted Revenue per Share is lei250.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deutsche Lufthansa AG stock overvalued right now?
Based on GuruFocus' analysis, Deutsche Lufthansa AG (BSE:LHA) is currently considered Fairly Valued. The stock's GF Value™ is lei45.00, compared to a current price of lei47.45 — trading 5.4% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is lei250.18. Deutsche Lufthansa AG's overall GF Score™ is 84/100 with 2 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 Deutsche Lufthansa AG (BSE:LHA), the current Cyclically Adjusted Revenue per Share is lei250.18 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 Deutsche Lufthansa AG (BSE:LHA) Overvalued in 2026?

Based on GuruFocus' analysis, Deutsche Lufthansa AG stock appears to be overvalued. The current stock price of lei47.45 is trading 5.4% above its estimated GF Value™ of lei45.00. GuruFocus considers Deutsche Lufthansa AG to be Fairly Valued.

Key valuation signals for BSE:LHA:

  • Cyclically Adjusted Revenue per Share: lei250.18
  • GF Value™: lei45.00 vs. price of lei47.45 (5.4% above fair value)
  • GF Score™: 84/100 with 2 warning signs

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


Deutsche Lufthansa AG Business Description

Address Venloer Street 151-153, Cologne, NW, DEU, 50672
Lufthansa AG is a European airline group operating through three primary segments: passenger airlines, logistics (Lufthansa Cargo), and MRO (Lufthansa Technik). The passenger airlines segment includes Lufthansa German Airlines, SWISS, Austrian Airlines, Brussels Airlines, Eurowings, and the equity interest in SunExpress. As of 2025, Lufthansa also holds a 41% stake in ITA Airways, with strategic integration underway.
84GF Score

Get the complete analysis for BSE:LHA

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

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