Zebra Technologies (BSP:Z1BR34) Cyclically Adjusted Revenue per Share: R$16.71 (As of Jun. 2026)

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BSP:Z1BR34 Zebra Technologies Corp BSP:Z1BR34
80 GF Score
Price R$66.12
GF Value R$60.86
Valuation Fairly Valued
! 9 Warning Signs
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What is Zebra Technologies Cyclically Adjusted Revenue per Share?

Zebra Technologies BSP:Z1BR34 +2.89% 80 Cyclically Adjusted Revenue per Share is R$16.71 as of Jun. 2026. GuruFocus rates BSP:Z1BR34 with a GF Score™ of 80/100 and a GF Value™ of R$60.86 (Fairly Valued). 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.

Zebra Technologies's adjusted revenue per share for the three months ended in Jun. 2026 was R$5.526. 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$16.71 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Zebra Technologies's average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 16.30% 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 Zebra Technologies was 26.80% per year. The lowest was 7.60% per year. And the median was 12.45% per year.

As of today (2026-08-12), Zebra Technologies's current stock price is R$66.12. Zebra Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$16.71. Zebra Technologies's Cyclically Adjusted PS Ratio of today is 3.96.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Zebra Technologies was 9.20. The lowest was 1.90. And the median was 3.57.


Zebra Technologies  (BSP:Z1BR34) 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.

Zebra Technologies's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=66.12/16.71
=3.96

* 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 Zebra Technologies was 9.20. The lowest was 1.90. And the median was 3.57.


Be Aware

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


Zebra Technologies Cyclically Adjusted Revenue per Share Related Terms


Zebra Technologies Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Zebra Technologies'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.

Zebra Technologies Cyclically Adjusted Revenue per Share Chart

Zebra Technologies 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 13.25 14.66 14.53 20.59 19.36

Zebra Technologies 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 18.42 19.57 19.36 18.34 16.71

BSP:Z1BR34 vs VSAT, VIAV, AAOI: Cyclically Adjusted Revenue per Share Comparison

For the Communication Equipment subindustry, Zebra Technologies'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.


Zebra Technologies Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Zebra Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:Z1BR34
80GF Score
Zebra Technologies Corp BSP:Z1BR34
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zebra Technologies 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, Zebra Technologies'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)
=5.526/333.9520*333.9520
=5.526

Current CPI (Jun. 2026) = 333.9520.

Zebra Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.896 241.428 2.623
201612 2.032 241.432 2.811
201703 1.703 243.801 2.333
201706 1.853 244.955 2.526
201709 1.870 246.819 2.530
201712 2.092 246.524 2.834
201803 1.978 249.554 2.647
201806 2.345 251.989 3.108
201809 2.748 252.439 3.635
201812 2.701 251.233 3.590
201903 2.502 254.202 3.287
201906 2.580 256.143 3.364
201909 2.840 256.759 3.694
201912 2.990 256.974 3.886
202003 3.154 258.115 4.081
202006 3.080 257.797 3.990
202009 3.793 260.280 4.867
202012 4.169 260.474 5.345
202103 4.689 264.877 5.912
202106 4.281 271.696 5.262
202109 4.691 274.310 5.711
202112 5.133 278.802 6.148
202203 4.444 287.504 5.162
202206 4.737 296.311 5.339
202209 4.618 296.808 5.196
202212 5.057 296.797 5.690
202303 4.714 301.836 5.216
202306 3.799 305.109 4.158
202309 3.066 307.789 3.327
202312 3.188 306.746 3.471
202403 3.766 312.332 4.027
202406 4.216 314.175 4.481
202409 4.462 315.301 4.726
202412 5.219 315.605 5.522
202503 4.846 319.799 5.060
202506 4.661 322.561 4.826
202509 4.611 324.800 4.741
202512 5.305 324.054 5.467
202603 5.272 330.213 5.332
202606 5.526 333.952 5.526

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$16.71 mean?
Zebra Technologies (BSP:Z1BR34) has a Cyclically Adjusted Revenue per Share of R$16.71 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 Zebra Technologies and its competitors.
Is Zebra Technologies' Cyclically Adjusted Revenue per Share too high?
Zebra Technologies' current Cyclically Adjusted Revenue per Share is R$16.71. Overall, Zebra Technologies has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zebra Technologies' Cyclically Adjusted Revenue per Share compare to VSAT and VIAV?
Zebra Technologies' Cyclically Adjusted Revenue per Share of R$16.71 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Revenue per Share depends on the Hardware 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 Zebra Technologies and its competitors. Zebra Technologies's current Cyclically Adjusted Revenue per Share is R$16.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zebra Technologies stock overvalued right now?
Based on GuruFocus' analysis, Zebra Technologies (BSP:Z1BR34) is currently considered Fairly Valued. The stock's GF Value™ is R$60.86, compared to a current price of R$66.12 — trading 8.6% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$16.71. Zebra Technologies' overall GF Score™ is 80/100 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 Zebra Technologies (BSP:Z1BR34), the current Cyclically Adjusted Revenue per Share is R$16.71 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 Zebra Technologies (BSP:Z1BR34) Overvalued in 2026?

Based on GuruFocus' analysis, Zebra Technologies stock appears to be overvalued. The current stock price of R$66.12 is trading 8.6% above its estimated GF Value™ of R$60.86. GuruFocus considers Zebra Technologies to be Fairly Valued.

Key valuation signals for BSP:Z1BR34:

  • Cyclically Adjusted Revenue per Share: R$16.71
  • GF Value™: R$60.86 vs. price of R$66.12 (8.6% above fair value)
  • GF Score™: 80/100 with 9 warning signs

No single metric tells the full story. See the BSP:Z1BR34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zebra Technologies Business Description

Address 3 Overlook Point, Lincolnshire, IL, USA, 60069
Zebra Technologies is the largest provider of automatic identification and data capture technology to enterprises. Its solutions include barcode printers and scanners, mobile computers, and workflow optimization software. The firm primarily serves the retail, transportation logistics, manufacturing, and healthcare markets, designing custom solutions to improve efficiency at its customers.
80GF Score

Get the complete analysis for BSP:Z1BR34

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

R$66.12
Price
R$60.86
GF Value