Puma SE (CHIX:PUMD) Cyclically Adjusted Revenue per Share: €49.20 (As of Mar. 2026)

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CHIX:PUMD Puma SE CHIX:PUMD
62 GF Score
Price €27.06
GF Value €32.65
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Puma SE Cyclically Adjusted Revenue per Share?

Puma SE CHIX:PUMD 62 Cyclically Adjusted Revenue per Share is €49.20 as of Mar. 2026. GuruFocus rates CHIX:PUMD with a GF Score™ of 62/100 and a GF Value™ of €32.65 (Modestly Undervalued). The stock has 8 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.

Puma SE's adjusted revenue per share for the three months ended in Mar. 2026 was €12.646. 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 €49.20 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Puma SE'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 9.80% 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 9.70% 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 Puma SE was 14.70% per year. The lowest was 4.70% per year. And the median was 9.55% per year.

As of today (2026-07-16), Puma SE's current stock price is €27.055. Puma SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €49.20. Puma SE's Cyclically Adjusted PS Ratio of today is 0.55.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Puma SE was 3.88. The lowest was 0.33. And the median was 1.65.


Puma SE  (CHIX:PUMd) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=27.055/49.20
=0.55

* 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 Puma SE was 3.88. The lowest was 0.33. And the median was 1.65.


Be Aware

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


Puma SE Cyclically Adjusted Revenue per Share Related Terms


Puma SE Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Puma 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.

Puma SE Cyclically Adjusted Revenue per Share Chart

Puma 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 30.45 36.13 40.39 44.70 43.35

Puma SE 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 45.83 46.69 47.58 43.35 49.20

CHIX:PUMD vs NKE, DECK, ONON: Cyclically Adjusted Revenue per Share Comparison

For the Footwear & Accessories subindustry, Puma 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.


Puma SE Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Puma SE's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CHIX:PUMD
62GF Score
Puma SE CHIX:PUMD
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Puma 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, Puma SE'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)
=12.646/131.2583*131.2583
=12.646

Current CPI (Mar. 2026) = 131.2583.

Puma SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.682 100.717 7.405
201609 6.618 101.017 8.599
201612 6.414 101.217 8.318
201703 6.728 101.417 8.708
201706 6.458 102.117 8.301
201709 7.515 102.717 9.603
201712 6.960 102.617 8.903
201803 7.568 102.917 9.652
201806 7.020 104.017 8.858
201809 8.331 104.718 10.443
201812 8.202 104.217 10.330
201903 8.824 104.217 11.114
201906 8.146 105.718 10.114
201909 9.851 106.018 12.196
201912 9.887 105.818 12.264
202003 8.691 105.718 10.791
202006 5.564 106.618 6.850
202009 10.593 105.818 13.140
202012 10.161 105.518 12.640
202103 10.354 107.518 12.640
202106 10.623 108.486 12.853
202109 12.687 109.435 15.217
202112 11.807 110.384 14.040
202203 12.781 113.968 14.720
202206 13.299 115.760 15.079
202209 15.760 118.818 17.410
202212 14.670 119.345 16.134
202303 14.604 122.402 15.661
202306 14.266 123.140 15.206
202309 15.425 124.195 16.302
202312 13.215 123.773 14.014
202403 14.019 125.038 14.716
202406 14.149 125.882 14.753
202409 15.435 126.198 16.054
202412 12.562 127.041 12.979
202503 13.429 127.779 13.795
202506 13.131 128.412 13.422
202509 13.254 129.255 13.459
202512 8.968 129.361 9.100
202603 12.646 131.258 12.646

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 €49.20 mean?
Puma SE (CHIX:PUMD) has a Cyclically Adjusted Revenue per Share of €49.20 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 Puma SE and its competitors.
Is Puma SE's Cyclically Adjusted Revenue per Share too high?
Puma SE's current Cyclically Adjusted Revenue per Share is €49.20. Overall, Puma SE has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Puma SE's Cyclically Adjusted Revenue per Share compare to NKE and DECK?
Puma SE's Cyclically Adjusted Revenue per Share of €49.20 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Revenue per Share depends on the Manufacturing - Apparel & Accessories 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 Puma SE and its competitors. Puma SE's current Cyclically Adjusted Revenue per Share is €49.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Puma SE stock overvalued right now?
Based on GuruFocus' analysis, Puma SE (CHIX:PUMD) is currently considered Modestly Undervalued. The stock's GF Value™ is €32.65, compared to a current price of €27.06 — trading 17.1% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €49.20. Puma SE's overall GF Score™ is 62/100 with 8 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 Puma SE (CHIX:PUMD), the current Cyclically Adjusted Revenue per Share is €49.20 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 Puma SE (CHIX:PUMD) Overvalued in 2026?

Based on GuruFocus' analysis, Puma SE stock appears to be undervalued. The current stock price of €27.06 is trading 17.1% below its estimated GF Value™ of €32.65. GuruFocus considers Puma SE to be Modestly Undervalued.

Key valuation signals for CHIX:PUMD:

  • Cyclically Adjusted Revenue per Share: €49.20
  • GF Value™: €32.65 vs. price of €27.06 (17.1% below fair value)
  • GF Score™: 62/100 with 8 warning signs

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


Puma SE Business Description

Address Puma Way 1, Herzogenaurach, BY, DEU, 91074
Puma designs and markets footwear, apparel, and accessories under its own name and golf clubs and golf accessories under the Cobra Golf name. Footwear (56% of 2025 sales) is its largest category, followed by apparel (32%) and accessories (12%). Puma also licenses its name for fragrances, eyewear, and watches. Most of its sales are through wholesale partners (68% of 2025 sales), with the rest through approximately 1,000 owned retail and outlet stores and online channels. The company's products are sold in Europe, the Middle East, and Africa (43% of 2025 sales), the Americas (35%), and Asia-Pacific (22%). China-based competitor Anta is in the process of acquiring 29% of Puma's outstanding shares.
62GF Score

Get the complete analysis for CHIX:PUMD

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

€27.06
Price
€32.65
GF Value