Emaar Properties PJSC (DFM:EMAAR) Cyclically Adjusted Revenue per Share: د.إ4.07 (As of Mar. 2026)


DFM:EMAAR Emaar Properties PJSC DFM:EMAAR
99 GF Score
Price د.إ11.86
GF Value د.إ16.09
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Emaar Properties PJSC Cyclically Adjusted Revenue per Share?

Emaar Properties PJSC DFM:EMAAR 99 Cyclically Adjusted Revenue per Share is د.إ4.07 as of Mar. 2026. GuruFocus rates DFM:EMAAR with a GF Score™ of 99/100 and a GF Value™ of د.إ16.09 (Modestly Undervalued). The stock has 1 warning sign 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.

Emaar Properties PJSC's adjusted revenue per share for the three months ended in Mar. 2026 was د.إ1.414. 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 د.إ4.07 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Emaar Properties PJSC's average Cyclically Adjusted Revenue Growth Rate was 12.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.90% 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 Emaar Properties PJSC was 12.40% per year. The lowest was 9.20% per year. And the median was 10.25% per year.

As of today (2026-07-11), Emaar Properties PJSC's current stock price is د.إ11.86. Emaar Properties PJSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was د.إ4.07. Emaar Properties PJSC's Cyclically Adjusted PS Ratio of today is 2.91.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Emaar Properties PJSC was 5.30. The lowest was 0.97. And the median was 2.33.


Emaar Properties PJSC  (DFM:EMAAR) 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.

Emaar Properties PJSC's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=11.86/4.07
=2.91

* 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 Emaar Properties PJSC was 5.30. The lowest was 0.97. And the median was 2.33.


Be Aware

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


Emaar Properties PJSC Cyclically Adjusted Revenue per Share Related Terms


Emaar Properties PJSC Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Emaar Properties PJSC'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.

Emaar Properties PJSC Cyclically Adjusted Revenue per Share Chart

Emaar Properties PJSC 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 2.68 3.01 3.22 3.52 3.92

Emaar Properties PJSC 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 3.63 3.71 3.82 3.92 4.07

Emaar Properties PJSC Cyclically Adjusted Revenue per Share Competitor Comparison

For the Real Estate - Development subindustry, Emaar Properties PJSC'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.


Emaar Properties PJSC Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Emaar Properties PJSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


DFM:EMAAR
99GF Score
Emaar Properties PJSC DFM:EMAAR
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emaar Properties PJSC 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, Emaar Properties PJSC'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)
=1.414/330.2130*330.2130
=1.414

Current CPI (Mar. 2026) = 330.2130.

Emaar Properties PJSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.528 241.018 0.723
201609 0.537 241.428 0.734
201612 0.604 241.432 0.826
201703 0.559 243.801 0.757
201706 0.522 244.955 0.704
201709 0.797 246.819 1.066
201712 0.754 246.524 1.010
201803 0.839 249.554 1.110
201806 0.838 251.989 1.098
201809 0.723 252.439 0.946
201812 1.139 251.233 1.497
201903 0.812 254.202 1.055
201906 0.788 256.143 1.016
201909 0.867 256.759 1.115
201912 0.971 256.974 1.248
202003 0.788 258.115 1.008
202006 0.398 257.797 0.510
202009 0.575 260.280 0.729
202012 0.762 260.474 0.966
202103 0.811 264.877 1.011
202106 0.998 271.696 1.213
202109 0.930 274.310 1.120
202112 1.072 278.802 1.270
202203 0.800 287.504 0.919
202206 0.842 296.311 0.938
202209 0.643 296.808 0.715
202212 0.682 296.797 0.759
202303 0.706 301.836 0.772
202306 0.687 305.109 0.744
202309 0.686 307.789 0.736
202312 0.954 306.746 1.027
202403 0.760 312.332 0.804
202406 0.858 314.175 0.902
202409 1.062 315.301 1.112
202412 1.343 315.605 1.405
202503 1.143 319.799 1.180
202506 1.098 322.561 1.124
202509 1.487 324.800 1.512
202512 1.843 324.054 1.878
202603 1.414 330.213 1.414

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 د.إ4.07 mean?
Emaar Properties PJSC (DFM:EMAAR) has a Cyclically Adjusted Revenue per Share of د.إ4.07 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 Emaar Properties PJSC and its competitors.
Is Emaar Properties PJSC's Cyclically Adjusted Revenue per Share too high?
Emaar Properties PJSC's current Cyclically Adjusted Revenue per Share is د.إ4.07. Overall, Emaar Properties PJSC has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Emaar Properties PJSC's Cyclically Adjusted Revenue per Share compare to competitors?
Emaar Properties PJSC's Cyclically Adjusted Revenue per Share of د.إ4.07 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Revenue per Share depends on the Real Estate 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 Emaar Properties PJSC and its competitors. Emaar Properties PJSC's current Cyclically Adjusted Revenue per Share is د.إ4.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emaar Properties PJSC stock overvalued right now?
Based on GuruFocus' analysis, Emaar Properties PJSC (DFM:EMAAR) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ16.09, compared to a current price of د.إ11.86 — trading 26.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is د.إ4.07. Emaar Properties PJSC's overall GF Score™ is 99/100 with 1 warning sign 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 Emaar Properties PJSC (DFM:EMAAR), the current Cyclically Adjusted Revenue per Share is د.إ4.07 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 Emaar Properties PJSC (DFM:EMAAR) Overvalued in 2026?

Based on GuruFocus' analysis, Emaar Properties PJSC stock appears to be undervalued. The current stock price of د.إ11.86 is trading 26.3% below its estimated GF Value™ of د.إ16.09. GuruFocus considers Emaar Properties PJSC to be Modestly Undervalued.

Key valuation signals for DFM:EMAAR:

  • Cyclically Adjusted Revenue per Share: د.إ4.07
  • GF Value™: د.إ16.09 vs. price of د.إ11.86 (26.3% below fair value)
  • GF Score™: 99/100 with 1 warning sign

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


Emaar Properties PJSC Business Description

Address Emaar Business Park Building 1, Level 7, P.O. Box 9440, Dubai Hills Estate, Dubai, ARE
Emaar Properties PJSC is engaged in property investment, development, and development management, shopping malls and retail, hospitality, property management, utility services, and investments in providers of financial services. Its segments are, namely, real estate (develop, sell, and manage condominiums, villas, commercial units and plots of land), leasing, retail and related activities (develop, lease and manage malls, retail, commercial, and residential spaces), and hospitality (develop, own, and/or manage hotels, serviced apartments and leisure activities). It earns revenue from sources other than property sales, leasing, retail and related activities, and hospitality, and this revenue is included in other operating income. The majority of revenue comes from real estate.
99GF Score

Get the complete analysis for DFM:EMAAR

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

د.إ11.86
Price
د.إ16.09
GF Value