Franklin Resources (BSP:F1RA34) Cyclically Adjusted Revenue per Share: R$92.12 (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.

BSP:F1RA34 Franklin Resources Inc BSP:F1RA34
19 GF Score
Price R$168.81
GF Value R$106.64
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Franklin Resources Cyclically Adjusted Revenue per Share?

Franklin Resources BSP:F1RA34 19 Cyclically Adjusted Revenue per Share is R$92.12 as of Mar. 2026. GuruFocus rates BSP:F1RA34 with a GF Score™ of 19/100 and a GF Value™ of R$106.64 (Significantly Overvalued). The stock has 9 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.

Franklin Resources's adjusted revenue per share for the three months ended in Mar. 2026 was R$23.160. 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 R$92.12 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Franklin Resources's average Cyclically Adjusted Revenue Growth Rate was 3.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.00% 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 Franklin Resources was 26.50% per year. The lowest was 2.60% per year. And the median was 9.60% per year.

As of today (2026-08-02), Franklin Resources's current stock price is R$168.81. Franklin Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$92.12. Franklin Resources's Cyclically Adjusted PS Ratio of today is 1.83.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Franklin Resources was 4.12. The lowest was 1.07. And the median was 1.94.


Franklin Resources  (BSP:F1RA34) 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.

Franklin Resources's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=168.81/92.12
=1.83

* 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 Franklin Resources was 4.12. The lowest was 1.07. And the median was 1.94.


Be Aware

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


Franklin Resources Cyclically Adjusted Revenue per Share Related Terms


Franklin Resources Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Franklin Resources'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.

Franklin Resources Cyclically Adjusted Revenue per Share Chart

Franklin Resources Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.53 82.82 80.71 88.62 95.25

Franklin Resources 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 95.61 87.48 95.25 93.90 92.12

BSP:F1RA34 vs CG, CRBG, PS: Cyclically Adjusted Revenue per Share Comparison

For the Asset Management subindustry, Franklin Resources'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.


Franklin Resources Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Franklin Resources's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:F1RA34
19GF Score
Franklin Resources Inc BSP:F1RA34
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Franklin Resources 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, Franklin Resources'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)
=23.16/330.2130*330.2130
=23.160

Current CPI (Mar. 2026) = 330.2130.

Franklin Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 9.665 241.018 13.242
201609 9.175 241.428 12.549
201612 9.262 241.432 12.668
201703 8.929 243.801 12.094
201706 9.554 244.955 12.879
201709 9.142 246.819 12.231
201712 9.666 246.524 12.947
201803 9.725 249.554 12.868
201806 11.017 251.989 14.437
201809 11.136 252.439 14.567
201812 10.731 251.233 14.104
201903 10.902 254.202 14.162
201906 11.335 256.143 14.613
201909 11.126 256.759 14.309
201912 11.512 256.974 14.793
202003 13.027 258.115 16.666
202006 12.277 257.797 15.726
202009 18.732 260.280 23.765
202012 20.875 260.474 26.464
202103 23.836 264.877 29.716
202106 22.303 271.696 27.107
202109 23.511 274.310 28.302
202112 25.635 278.802 30.362
202203 21.113 287.504 24.249
202206 21.015 296.311 23.419
202209 20.830 296.808 23.174
202212 21.049 296.797 23.419
202303 20.427 301.836 22.347
202306 19.448 305.109 21.048
202309 20.010 307.789 21.468
202312 19.996 306.746 21.526
202403 20.648 312.332 21.830
202406 22.108 314.175 23.237
202409 23.676 315.301 24.796
202412 26.509 315.605 27.736
202503 23.385 319.799 24.147
202506 22.162 322.561 22.688
202509 24.406 324.800 24.813
202512 24.495 324.054 24.961
202603 23.160 330.213 23.160

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 R$92.12 mean?
Franklin Resources (BSP:F1RA34) has a Cyclically Adjusted Revenue per Share of R$92.12 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 Franklin Resources and its competitors.
Is Franklin Resources' Cyclically Adjusted Revenue per Share too high?
Franklin Resources' current Cyclically Adjusted Revenue per Share is R$92.12. Overall, Franklin Resources has a GF Score™ of 19/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Franklin Resources' Cyclically Adjusted Revenue per Share compare to CG and CRBG?
Franklin Resources' Cyclically Adjusted Revenue per Share of R$92.12 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Cyclically Adjusted Revenue per Share depends on the Asset Management 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 Franklin Resources and its competitors. Franklin Resources's current Cyclically Adjusted Revenue per Share is R$92.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Franklin Resources stock overvalued right now?
Based on GuruFocus' analysis, Franklin Resources (BSP:F1RA34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$106.64, compared to a current price of R$168.81 — trading 58.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$92.12. Franklin Resources' overall GF Score™ is 19/100 with 9 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 Franklin Resources (BSP:F1RA34), the current Cyclically Adjusted Revenue per Share is R$92.12 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 Franklin Resources (BSP:F1RA34) Overvalued in 2026?

Based on GuruFocus' analysis, Franklin Resources stock appears to be overvalued. The current stock price of R$168.81 is trading 58.3% above its estimated GF Value™ of R$106.64. GuruFocus considers Franklin Resources to be Significantly Overvalued.

Key valuation signals for BSP:F1RA34:

  • Cyclically Adjusted Revenue per Share: R$92.12
  • GF Value™: R$106.64 vs. price of R$168.81 (58.3% above fair value)
  • GF Score™: 19/100 with 9 warning signs

No single metric tells the full story. See the BSP:F1RA34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Franklin Resources Business Description

Address One Franklin Parkway, San Mateo, CA, USA, 94403
Franklin Resources provides investment services for individual and institutional investors. At the end of May 2026, Franklin had $1.780 trillion in managed assets, composed primarily of equity (40%), fixed-income (26%), multi-asset/balanced (12%) funds, alternatives (17%), and money market funds (5%). Distribution tends to be weighted between retail investors (57% of assets under management) and institutional accounts (40%), with high-net-worth clients accounting for the remainder. Franklin is one of the more global of the US-based asset managers we cover, with 30% of its AUM invested in global/international strategies and 29% sourced from clients domiciled outside the United States.
19GF Score

Get the complete analysis for BSP:F1RA34

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

R$168.81
Price
R$106.64
GF Value