TotalEnergies SE (BUE:TTE) Cyclically Adjusted Revenue per Share: ARS43,670.83 (As of Jun. 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.

BUE:TTE TotalEnergies SE BUE:TTE
74 GF Score
Price ARS46,480.00
GF Value ARS34,712.83
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is TotalEnergies SE Cyclically Adjusted Revenue per Share?

TotalEnergies SE BUE:TTE +0.48% 74 Cyclically Adjusted Revenue per Share is ARS43,670.83 as of Jun. 2026. GuruFocus rates BUE:TTE with a GF Score™ of 74/100 and a GF Value™ of ARS34,712.83 (Significantly Overvalued). The stock has 5 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.

TotalEnergies SE's adjusted revenue per share for the three months ended in Jun. 2026 was ARS113,841.303. 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 ARS43,670.83 for the trailing ten years ended in Jun. 2026.

During the past 12 months, TotalEnergies SE's average Cyclically Adjusted Revenue Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.30% 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 TotalEnergies SE was 8.70% per year. The lowest was -1.80% per year. And the median was 3.15% per year.

As of today (2026-08-12), TotalEnergies SE's current stock price is ARS46480.00. TotalEnergies SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ARS43,670.83. TotalEnergies SE's Cyclically Adjusted PS Ratio of today is 1.06.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of TotalEnergies SE was 1.12. The lowest was 0.37. And the median was 0.75.


TotalEnergies SE  (BUE:TTE) 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.

TotalEnergies SE's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=46480.00/43670.83
=1.06

* 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 TotalEnergies SE was 1.12. The lowest was 0.37. And the median was 0.75.


Be Aware

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


TotalEnergies SE Cyclically Adjusted Revenue per Share Related Terms


TotalEnergies SE Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for TotalEnergies SE'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.

TotalEnergies SE Cyclically Adjusted Revenue per Share Chart

TotalEnergies SE 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 3,746.85 3,038.38 2,973.61 27,645.14 42,611.49

TotalEnergies SE 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 33,276.26 41,605.32 42,611.49 39,805.61 43,670.83

BUE:TTE vs XOM, CVX: Cyclically Adjusted Revenue per Share Comparison

For the Oil & Gas Integrated subindustry, TotalEnergies SE'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.


TotalEnergies SE Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TotalEnergies SE's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BUE:TTE
74GF Score
TotalEnergies SE BUE:TTE
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TotalEnergies SE 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, TotalEnergies SE'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)
=113841.303/123.5100*123.5100
=113,841.303

Current CPI (Jun. 2026) = 123.5100.

TotalEnergies SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 575.793 100.340 708.752
201612 720.381 100.650 883.997
201703 667.969 101.170 815.468
201706 661.481 101.320 806.351
201709 758.584 101.330 924.630
201712 860.315 101.850 1,043.274
201803 1,019.031 102.750 1,224.920
201806 1,279.255 103.370 1,528.497
201809 1,998.474 103.560 2,383.464
201812 1,986.569 103.470 2,371.326
201903 1,990.125 103.890 2,365.967
201906 2,220.366 104.580 2,622.274
201909 2,676.352 104.500 3,163.218
201912 2,932.398 104.980 3,449.995
202003 2,761.762 104.590 3,261.356
202006 1,704.543 104.790 2,009.048
202009 2,298.737 104.550 2,715.610
202012 2,747.705 104.960 3,233.318
202103 3,871.358 105.750 4,521.526
202106 4,290.727 106.340 4,983.522
202109 5,330.034 106.810 6,163.398
202112 6,285.844 107.850 7,198.559
202203 7,791.416 110.490 8,709.546
202206 9,739.511 112.550 10,687.934
202209 10,544.054 112.740 11,551.323
202212 12,515.242 114.160 13,540.273
202303 13,849.427 116.790 14,646.312
202306 14,976.116 117.650 15,722.058
202309 23,445.765 118.260 24,486.609
202312 24,717.588 118.390 25,786.547
202403 52,898.079 119.470 54,686.882
202406 56,173.620 120.200 57,720.498
202409 57,186.791 119.560 59,076.117
202412 62,689.160 119.950 64,549.714
202503 67,225.367 120.380 68,973.294
202506 69,878.835 121.360 71,116.801
202509 80,023.515 120.950 81,717.274
202512 91,632.516 120.900 93,610.687
202603 95,809.520 122.420 96,662.586
202606 113,841.303 123.510 113,841.303

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 ARS43,670.83 mean?
TotalEnergies SE (BUE:TTE) has a Cyclically Adjusted Revenue per Share of ARS43,670.83 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 TotalEnergies SE and its competitors.
Is TotalEnergies SE's Cyclically Adjusted Revenue per Share too high?
TotalEnergies SE's current Cyclically Adjusted Revenue per Share is ARS43,670.83. Overall, TotalEnergies SE has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TotalEnergies SE's Cyclically Adjusted Revenue per Share compare to XOM and CVX?
TotalEnergies SE's Cyclically Adjusted Revenue per Share of ARS43,670.83 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Cyclically Adjusted Revenue per Share depends on the Oil & Gas 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 TotalEnergies SE and its competitors. TotalEnergies SE's current Cyclically Adjusted Revenue per Share is ARS43,670.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TotalEnergies SE stock overvalued right now?
Based on GuruFocus' analysis, TotalEnergies SE (BUE:TTE) is currently considered Significantly Overvalued. The stock's GF Value™ is ARS34,712.83, compared to a current price of ARS46,480.00 — trading 33.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ARS43,670.83. TotalEnergies SE's overall GF Score™ is 74/100 with 5 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 TotalEnergies SE (BUE:TTE), the current Cyclically Adjusted Revenue per Share is ARS43,670.83 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 TotalEnergies SE (BUE:TTE) Overvalued in 2026?

Based on GuruFocus' analysis, TotalEnergies SE stock appears to be overvalued. The current stock price of ARS46,480.00 is trading 33.9% above its estimated GF Value™ of ARS34,712.83. GuruFocus considers TotalEnergies SE to be Significantly Overvalued.

Key valuation signals for BUE:TTE:

  • Cyclically Adjusted Revenue per Share: ARS43,670.83
  • GF Value™: ARS34,712.83 vs. price of ARS46,480.00 (33.9% above fair value)
  • GF Score™: 74/100 with 5 warning signs

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


TotalEnergies SE Business Description

Industry EnergyOil & Gas
Address 2, Place Jean Millier, La Defense 6, Courbevoie, FRA, 92400
TotalEnergies is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2025, it produced 1.5 million barrels of liquids and 5.4 billion cubic feet of natural gas per day. At the end of 2025, reserves stood at 11.2 billion barrels of oil equivalent, 55% of which are liquids. During 2025, it had LNG sales of 43.9 million metric tons. The company owns interests in refineries with a capacity of nearly 1.8 million barrels a day, primarily in Europe, distributes refined products in 65 countries, and manufactures commodity and specialty chemicals. At year-end, its gross installed renewable power generation capacity was 34 gigawatts.
74GF Score

Get the complete analysis for BUE:TTE

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

ARS46,480.00
Price
ARS34,712.83
GF Value