CMRE (Costamare) Cyclically Adjusted Revenue per Share: $7.15 (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.

CMRE Costamare Inc CMRE
75 GF Score
Price $14.66
GF Value $9.29
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Costamare Cyclically Adjusted Revenue per Share?

Costamare CMRE -1.68% 75 Cyclically Adjusted Revenue per Share is $7.15 as of Jun. 2026. GuruFocus rates CMRE with a GF Score™ of 75/100 and a GF Value™ of $9.29 (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.

Costamare's adjusted revenue per share for the three months ended in Jun. 2026 was $1.732. 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 $7.15 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Costamare's average Cyclically Adjusted Revenue Growth Rate was 1.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% 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 Costamare was 5.70% per year. The lowest was 2.30% per year. And the median was 4.05% per year.

As of today (2026-08-07), Costamare's current stock price is $14.66. Costamare's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $7.15. Costamare's Cyclically Adjusted PS Ratio of today is 2.05.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Costamare was 2.50. The lowest was 0.45. And the median was 1.25.


Costamare  (NYSE:CMRE) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.66/7.15
=2.05

* 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 Costamare was 2.50. The lowest was 0.45. And the median was 1.25.


Be Aware

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


Costamare Cyclically Adjusted Revenue per Share Related Terms


Costamare Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Costamare'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.

Costamare Cyclically Adjusted Revenue per Share Chart

Costamare 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 5.96 6.51 6.71 7.00 7.03

Costamare 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 7.08 7.09 7.03 7.12 7.15

CMRE vs SFL, GSL, NMM: Cyclically Adjusted Revenue per Share Comparison

For the Marine Shipping subindustry, Costamare'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.


Costamare Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Costamare's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CMRE
75GF Score
Costamare Inc CMRE
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Costamare 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, Costamare'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)
=1.732/333.9520*333.9520
=1.732

Current CPI (Jun. 2026) = 333.9520.

Costamare Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.546 241.428 2.138
201612 1.351 241.432 1.869
201703 1.159 243.801 1.588
201706 1.087 244.955 1.482
201709 0.951 246.819 1.287
201712 0.934 246.524 1.265
201803 0.852 249.554 1.140
201806 0.824 251.989 1.092
201809 0.820 252.439 1.085
201812 0.948 251.233 1.260
201903 0.999 254.202 1.312
201906 1.000 256.143 1.304
201909 1.056 256.759 1.373
201912 1.048 256.974 1.362
202003 1.016 258.115 1.315
202006 0.930 257.797 1.205
202009 0.891 260.280 1.143
202012 0.978 260.474 1.254
202103 1.035 264.877 1.305
202106 1.358 271.696 1.669
202109 1.754 274.310 2.135
202112 2.294 278.802 2.748
202203 2.159 287.504 2.508
202206 2.340 296.311 2.637
202209 2.383 296.808 2.681
202212 2.176 296.797 2.448
202303 2.030 301.836 2.246
202306 2.997 305.109 3.280
202309 3.390 307.789 3.678
202312 -1.426 306.746 -1.552
202403 4.008 312.332 4.285
202406 1.829 314.175 1.944
202409 1.888 315.301 2.000
202412 1.870 315.605 1.979
202503 1.858 319.799 1.940
202506 1.814 322.561 1.878
202509 1.872 324.800 1.925
202512 1.760 324.054 1.814
202603 1.750 330.213 1.770
202606 1.732 333.952 1.732

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 $7.15 mean?
Costamare (CMRE) has a Cyclically Adjusted Revenue per Share of $7.15 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 Costamare and its competitors.
Is Costamare's Cyclically Adjusted Revenue per Share too high?
Costamare's current Cyclically Adjusted Revenue per Share is $7.15. Overall, Costamare has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Costamare's Cyclically Adjusted Revenue per Share compare to SFL and GSL?
Costamare's Cyclically Adjusted Revenue per Share of $7.15 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted Revenue per Share depends on the Transportation 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 Costamare and its competitors. Costamare's current Cyclically Adjusted Revenue per Share is $7.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Costamare stock overvalued right now?
Based on GuruFocus' analysis, Costamare (CMRE) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.29, compared to a current price of $14.66 — trading 57.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $7.15. Costamare's overall GF Score™ is 75/100 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 Costamare (CMRE), the current Cyclically Adjusted Revenue per Share is $7.15 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 Costamare (CMRE) Overvalued in 2026?

Based on GuruFocus' analysis, Costamare stock appears to be overvalued. The current stock price of $14.66 is trading 57.8% above its estimated GF Value™ of $9.29. GuruFocus considers Costamare to be Significantly Overvalued.

Key valuation signals for CMRE:

  • Cyclically Adjusted Revenue per Share: $7.15
  • GF Value™: $9.29 vs. price of $14.66 (57.8% above fair value)
  • GF Score™: 75/100 with 5 warning signs

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


Costamare Business Description

Address 7 Rue du Gabian, Monaco, MCO, MC 98000
Costamare Inc is an international owner and operator of containerships and dry bulk vessels. The company charter its containerships to the liner companies, providing transportation of containerized cargoes. It charter its dry bulk vessels to a wide variety of customers, providing transportation for dry bulk cargoes. The company's fleet of vessels includes Cosco Guangzhou, Cosco Ningbo, Cosco Yantian, Vantage, Valor, Valiant, Maersk Kobe, and others. The company provides services to ocean carriers that demand a high standard of safety and reliability. It generates a majority of its revenue from the United States of America.
75GF Score

Get the complete analysis for CMRE

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

$14.66
Price
$9.29
GF Value