BUDFF (Anheuser-Busch InBev/NV) Cyclically Adjusted Revenue per Share: $32.57 (As of Mar. 2026)


BUDFF Anheuser-Busch InBev SA/NV BUDFF
82 GF Score
Price $79.64
GF Value $66.21
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Anheuser-Busch InBev/NV Cyclically Adjusted Revenue per Share?

Anheuser-Busch InBev/NV BUDFF -2.57% 82 Cyclically Adjusted Revenue per Share is $32.57 as of Mar. 2026. GuruFocus rates BUDFF with a GF Score™ of 82/100 and a GF Value™ of $66.21 (Modestly Overvalued). The stock has 6 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.

Anheuser-Busch InBev/NV's adjusted revenue per share for the three months ended in Mar. 2026 was $7.718. 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 $32.57 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Anheuser-Busch InBev/NV's average Cyclically Adjusted Revenue Growth Rate was 6.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.20% 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 Anheuser-Busch InBev/NV was 4.60% per year. The lowest was 2.20% per year. And the median was 2.90% per year.

As of today (2026-07-06), Anheuser-Busch InBev/NV's current stock price is $79.6416. Anheuser-Busch InBev/NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $32.57. Anheuser-Busch InBev/NV's Cyclically Adjusted PS Ratio of today is 2.45.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Anheuser-Busch InBev/NV was 4.34. The lowest was 1.54. And the median was 2.14.


Anheuser-Busch InBev/NV  (OTCPK:BUDFF) 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.

Anheuser-Busch InBev/NV's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=79.6416/32.57
=2.45

* 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 Anheuser-Busch InBev/NV was 4.34. The lowest was 1.54. And the median was 2.14.


Be Aware

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


Anheuser-Busch InBev/NV Cyclically Adjusted Revenue per Share Related Terms


Anheuser-Busch InBev/NV Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Anheuser-Busch InBev/NV'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.

Anheuser-Busch InBev/NV Cyclically Adjusted Revenue per Share Chart

Anheuser-Busch InBev/NV 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 29.40 32.04 31.87 32.16 32.60

Anheuser-Busch InBev/NV 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 32.69 32.12 32.10 32.60 32.57

BUDFF vs STZ, TAP, SAM: Cyclically Adjusted Revenue per Share Comparison

For the Beverages - Brewers subindustry, Anheuser-Busch InBev/NV'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.


Anheuser-Busch InBev/NV Cyclically Adjusted PS Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Anheuser-Busch InBev/NV's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Anheuser-Busch InBev/NV's Cyclically Adjusted PS Ratio falls into.


BUDFF
82GF Score
Anheuser-Busch InBev SA/NV BUDFF
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Anheuser-Busch InBev/NV 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, Anheuser-Busch InBev/NV'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)
=7.718/135.0710*135.0710
=7.718

Current CPI (Mar. 2026) = 135.0710.

Anheuser-Busch InBev/NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.585 102.267 8.697
201609 6.770 102.118 8.955
201612 7.302 102.614 9.612
201703 6.559 103.972 8.521
201706 7.199 103.902 9.359
201709 7.463 104.170 9.677
201712 6.731 104.804 8.675
201803 6.669 105.419 8.545
201806 7.043 106.063 8.969
201809 6.540 106.618 8.285
201812 7.049 107.252 8.877
201903 6.248 107.876 7.823
201906 6.868 107.896 8.598
201909 6.646 107.470 8.353
201912 6.701 108.065 8.376
202003 5.616 108.550 6.988
202006 5.223 108.540 6.500
202009 6.418 108.441 7.994
202012 6.380 108.511 7.942
202103 6.137 109.522 7.569
202106 6.753 110.305 8.269
202109 7.116 111.543 8.617
202112 7.064 114.705 8.318
202203 6.554 118.620 7.463
202206 7.352 120.948 8.210
202209 7.500 124.120 8.162
202212 7.287 126.578 7.776
202303 7.054 126.528 7.530
202306 7.496 125.973 8.037
202309 7.725 127.083 8.211
202312 7.179 128.292 7.558
202403 7.248 130.552 7.499
202406 7.655 130.691 7.912
202409 7.508 130.968 7.743
202412 7.409 132.346 7.562
202503 6.835 134.348 6.872
202506 7.563 133.495 7.652
202509 7.620 133.743 7.696
202512 7.840 135.071 7.840
202603 7.718 135.071 7.718

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 $32.57 mean?
Anheuser-Busch InBev/NV (BUDFF) has a Cyclically Adjusted Revenue per Share of $32.57 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 Anheuser-Busch InBev/NV and its competitors.
Is Anheuser-Busch InBev/NV's Cyclically Adjusted Revenue per Share too high?
Anheuser-Busch InBev/NV's current Cyclically Adjusted Revenue per Share is $32.57. Overall, Anheuser-Busch InBev/NV has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anheuser-Busch InBev/NV's Cyclically Adjusted Revenue per Share compare to STZ and TAP?
Anheuser-Busch InBev/NV's Cyclically Adjusted Revenue per Share of $32.57 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Cyclically Adjusted Revenue per Share depends on the Beverages - Alcoholic 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 Anheuser-Busch InBev/NV and its competitors. Anheuser-Busch InBev/NV's current Cyclically Adjusted Revenue per Share is $32.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anheuser-Busch InBev/NV stock overvalued right now?
Based on GuruFocus' analysis, Anheuser-Busch InBev/NV (BUDFF) is currently considered Modestly Overvalued. The stock's GF Value™ is $66.21, compared to a current price of $79.64 — trading 20.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $32.57. Anheuser-Busch InBev/NV's overall GF Score™ is 82/100 with 6 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 Anheuser-Busch InBev/NV (BUDFF), the current Cyclically Adjusted Revenue per Share is $32.57 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 Anheuser-Busch InBev/NV (BUDFF) Overvalued in 2026?

Based on GuruFocus' analysis, Anheuser-Busch InBev/NV stock appears to be overvalued. The current stock price of $79.64 is trading 20.3% above its estimated GF Value™ of $66.21. GuruFocus considers Anheuser-Busch InBev/NV to be Modestly Overvalued.

Key valuation signals for BUDFF:

  • Cyclically Adjusted Revenue per Share: $32.57
  • GF Value™: $66.21 vs. price of $79.64 (20.3% above fair value)
  • GF Score™: 82/100 with 6 warning signs

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


Anheuser-Busch InBev/NV Business Description

Address Brouwerijplein 1, Leuven, BEL, 3000
Anheuser-Busch InBev is the largest brewer in the world and one of the world's top five consumer product companies, as measured by EBITDA. The company's portfolio contains six of the top 10 beer brands by volume, and we estimate it distributes 23 brands with retail sales over $1 billion. AB InBev was created by the 2008 merger of Belgium-based InBev and US-based Anheuser-Busch. The firm holds a 62% economic interest in Ambev, an 87% stake in Budweiser APAC, and in 2016 acquired SABMiller.
82GF Score

Get the complete analysis for BUDFF

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

$79.64
Price
$66.21
GF Value