Sea (BSP:S2EA34) Cyclically Adjusted Revenue per Share: R$3.85 (As of Jun. 2026)

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BSP:S2EA34 Sea Ltd BSP:S2EA34
81 GF Score
Price R$27.72
GF Value R$30.83
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Sea Cyclically Adjusted Revenue per Share?

Sea BSP:S2EA34 +2.67% 81 Cyclically Adjusted Revenue per Share is R$3.85 as of Jun. 2026. GuruFocus rates BSP:S2EA34 with a GF Score™ of 81/100 and a GF Value™ of R$30.83 (Modestly Undervalued). 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.

Sea's adjusted revenue per share for the three months ended in Jun. 2026 was R$2.522. 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$3.85 for the trailing ten years ended in Jun. 2026.

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.

As of today (2026-08-13), Sea's current stock price is R$27.72. Sea's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$3.85. Sea's Cyclically Adjusted PS Ratio of today is 7.20.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Sea was 8.04. The lowest was 4.67. And the median was 5.18.


Sea  (BSP:S2EA34) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=27.72/3.85
=7.20

* 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 12 years, the highest Cyclically Adjusted PS Ratio of Sea was 8.04. The lowest was 4.67. And the median was 5.18.


Be Aware

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


Sea Cyclically Adjusted Revenue per Share Related Terms


Sea Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Sea'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.

Sea Cyclically Adjusted Revenue per Share Chart

Sea 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 0.00 0.00 0.00 0.00 3.65

Sea 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 0.00 0.00 3.65 3.68 3.85

BSP:S2EA34 vs EBAY, DASH, JD: Cyclically Adjusted Revenue per Share Comparison

For the Internet Retail subindustry, Sea'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.


Sea Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sea's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:S2EA34
81GF Score
Sea Ltd BSP:S2EA34
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sea 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, Sea'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)
=2.522/333.9520*333.9520
=2.522

Current CPI (Jun. 2026) = 333.9520.

Sea Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.045 241.428 0.062
201612 0.045 241.432 0.062
201703 0.045 243.801 0.062
201706 0.042 244.955 0.057
201709 0.037 246.819 0.050
201712 0.049 246.524 0.066
201803 0.061 249.554 0.082
201806 0.082 251.989 0.109
201809 0.098 252.439 0.130
201812 0.129 251.233 0.171
201903 0.146 254.202 0.192
201906 0.145 256.143 0.189
201909 0.217 256.759 0.282
201912 0.277 256.974 0.360
202003 0.302 258.115 0.391
202006 0.375 257.797 0.486
202009 0.539 260.280 0.692
202012 0.651 260.474 0.835
202103 0.772 264.877 0.973
202106 0.858 271.696 1.055
202109 1.028 274.310 1.252
202112 1.316 278.802 1.576
202203 1.038 287.504 1.206
202206 1.058 296.311 1.192
202209 1.174 296.808 1.321
202212 1.292 296.797 1.454
202303 1.058 301.836 1.171
202306 1.004 305.109 1.099
202309 1.181 307.789 1.281
202312 1.213 306.746 1.321
202403 1.303 312.332 1.393
202406 1.304 314.175 1.386
202409 1.501 315.301 1.590
202412 1.978 315.605 2.093
202503 1.757 319.799 1.835
202506 1.829 322.561 1.894
202509 2.020 324.800 2.077
202512 2.341 324.054 2.413
202603 2.334 330.213 2.360
202606 2.522 333.952 2.522

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$3.85 mean?
Sea (BSP:S2EA34) has a Cyclically Adjusted Revenue per Share of R$3.85 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 Sea and its competitors.
Is Sea's Cyclically Adjusted Revenue per Share too high?
Sea's current Cyclically Adjusted Revenue per Share is R$3.85. Overall, Sea has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sea's Cyclically Adjusted Revenue per Share compare to EBAY and DASH?
Sea's Cyclically Adjusted Revenue per Share of R$3.85 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted Revenue per Share depends on the Retail - Cyclical 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 Sea and its competitors. Sea's current Cyclically Adjusted Revenue per Share is R$3.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sea stock overvalued right now?
Based on GuruFocus' analysis, Sea (BSP:S2EA34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$30.83, compared to a current price of R$27.72 — trading 10.1% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$3.85. Sea's overall GF Score™ is 81/100 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 Sea (BSP:S2EA34), the current Cyclically Adjusted Revenue per Share is R$3.85 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 Sea (BSP:S2EA34) Overvalued in 2026?

Based on GuruFocus' analysis, Sea stock appears to be undervalued. The current stock price of R$27.72 is trading 10.1% below its estimated GF Value™ of R$30.83. GuruFocus considers Sea to be Modestly Undervalued.

Key valuation signals for BSP:S2EA34:

  • Cyclically Adjusted Revenue per Share: R$3.85
  • GF Value™: R$30.83 vs. price of R$27.72 (10.1% below fair value)
  • GF Score™: 81/100 with 2 warning signs

No single metric tells the full story. See the BSP:S2EA34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sea Business Description

Address 1 Fusionopolis Place, No. 17-10, Galaxis, Singapore, SGP, 138522
Sea started as a gaming business, Garena, but in 2015 expanded into e-commerce. Sea operates Southeast Asia's largest e-commerce company, Shopee, in terms of gross merchandise value. Shopee is a hybrid consumer-to-consumer and business-to-consumer marketplace platform operating in Indonesia, Taiwan, Vietnam, Thailand, Malaysia, the Philippines, and Brazil. For Garena, Free Fire is the key revenue-generating game. Sea's third business, Monee, provides lending, payment, digital banking, and insurance services. As of March 2025, Forrest Li, the founder, chair, and CEO, owned 59.1% of the voting power. Tencent owned 18.5% of issued shares with no voting power.
81GF Score

Get the complete analysis for BSP:S2EA34

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

R$27.72
Price
R$30.83
GF Value