DLR (Digital Realty Trust) Cyclically Adjusted Revenue per Share: $18.66 (As of Jun. 2026)

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DLR Digital Realty Trust Inc DLR
79 GF Score
Price $198.40
GF Value $121.04
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is Digital Realty Trust Cyclically Adjusted Revenue per Share?

Digital Realty Trust DLR +0.68% 79 Cyclically Adjusted Revenue per Share is $18.66 as of Jun. 2026. GuruFocus rates DLR with a GF Score™ of 79/100 and a GF Value™ of $121.04 (Significantly Overvalued). The stock has 11 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.

Digital Realty Trust's adjusted revenue per share for the three months ended in Jun. 2026 was $1.330. 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 $18.66 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Digital Realty Trust's average Cyclically Adjusted Revenue Growth Rate was 1.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.20% 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 Digital Realty Trust was 7.40% per year. The lowest was 3.70% per year. And the median was 6.55% per year.

As of today (2026-08-13), Digital Realty Trust's current stock price is $198.40. Digital Realty Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $18.66. Digital Realty Trust's Cyclically Adjusted PS Ratio of today is 10.63.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Digital Realty Trust was 11.62. The lowest was 5.32. And the median was 9.18.


Digital Realty Trust  (NYSE:DLR) 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.

Digital Realty Trust's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=198.40/18.66
=10.63

* 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 Digital Realty Trust was 11.62. The lowest was 5.32. And the median was 9.18.


Be Aware

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


Digital Realty Trust Cyclically Adjusted Revenue per Share Related Terms


Digital Realty Trust Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Digital Realty Trust'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.

Digital Realty Trust Cyclically Adjusted Revenue per Share Chart

Digital Realty Trust 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 15.35 16.53 17.37 17.94 18.46

Digital Realty Trust 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 18.36 18.50 18.46 18.80 18.66

DLR vs AMT, EQIX, IRM: Cyclically Adjusted Revenue per Share Comparison

For the REIT - Specialty subindustry, Digital Realty Trust'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.


Digital Realty Trust Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Digital Realty Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


DLR
79GF Score
Digital Realty Trust Inc DLR
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Digital Realty Trust 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, Digital Realty Trust'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)
=1.33/333.9520*333.9520
=1.330

Current CPI (Jun. 2026) = 333.9520.

Digital Realty Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.657 241.428 5.058
201612 3.610 241.432 4.993
201703 3.432 243.801 4.701
201706 3.498 244.955 4.769
201709 3.584 246.819 4.849
201712 3.543 246.524 4.799
201803 3.605 249.554 4.824
201806 3.655 251.989 4.844
201809 3.719 252.439 4.920
201812 3.759 251.233 4.997
201903 3.906 254.202 5.131
201906 3.824 256.143 4.986
201909 3.844 256.759 5.000
201912 3.745 256.974 4.867
202003 3.668 258.115 4.746
202006 3.668 257.797 4.752
202009 3.792 260.280 4.865
202012 3.781 260.474 4.848
202103 3.868 264.877 4.877
202106 3.871 271.696 4.758
202109 3.993 274.310 4.861
202112 3.901 278.802 4.673
202203 3.955 287.504 4.594
202206 3.996 296.311 4.504
202209 4.022 296.808 4.525
202212 3.992 296.797 4.492
202303 4.417 301.836 4.887
202306 4.453 305.109 4.874
202309 4.504 307.789 4.887
202312 4.334 306.746 4.718
202403 4.149 312.332 4.436
202406 4.137 314.175 4.397
202409 4.256 315.301 4.508
202412 4.220 315.605 4.465
202503 4.083 319.799 4.264
202506 4.319 322.561 4.472
202509 4.516 324.800 4.643
202512 4.653 324.054 4.795
202603 4.629 330.213 4.681
202606 1.330 333.952 1.330

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 $18.66 mean?
Digital Realty Trust (DLR) has a Cyclically Adjusted Revenue per Share of $18.66 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 Digital Realty Trust and its competitors.
Is Digital Realty Trust's Cyclically Adjusted Revenue per Share too high?
Digital Realty Trust's current Cyclically Adjusted Revenue per Share is $18.66. Overall, Digital Realty Trust has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Digital Realty Trust's Cyclically Adjusted Revenue per Share compare to AMT and EQIX?
Digital Realty Trust's Cyclically Adjusted Revenue per Share of $18.66 can be compared against companies in the REITs 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 REITs company?
A good Cyclically Adjusted Revenue per Share depends on the REITs 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 Digital Realty Trust and its competitors. Digital Realty Trust's current Cyclically Adjusted Revenue per Share is $18.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Digital Realty Trust (DLR) is currently considered Significantly Overvalued. The stock's GF Value™ is $121.04, compared to a current price of $198.40 — trading 63.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $18.66. Digital Realty Trust's overall GF Score™ is 79/100 with 11 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 Digital Realty Trust (DLR), the current Cyclically Adjusted Revenue per Share is $18.66 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 Digital Realty Trust (DLR) Overvalued in 2026?

Based on GuruFocus' analysis, Digital Realty Trust stock appears to be overvalued. The current stock price of $198.40 is trading 63.9% above its estimated GF Value™ of $121.04. GuruFocus considers Digital Realty Trust to be Significantly Overvalued.

Key valuation signals for DLR:

  • Cyclically Adjusted Revenue per Share: $18.66
  • GF Value™: $121.04 vs. price of $198.40 (63.9% above fair value)
  • GF Score™: 79/100 with 11 warning signs

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


Digital Realty Trust Business Description

Industry Real EstateREITs
Address 2323 Bryan Street, Suite 1800, Dallas, TX, USA, 75201
Digital Realty is one of the leading providers of cloud- and carrier-neutral data centers, offering colocation and interconnection services to hyperscalers and large businesses. Digital Realty operates 300 properties in 57 metropolitan areas across 31 countries, serving 5,000 customers. Renting physical space accounts for about 90% of Digital Realty's revenue. The firm enables hyperscalers and other clients to store servers, data, and networking equipment. The other 10% of revenue is generated primarily through interconnection services (8%) and other fee income (2%).
79GF Score

Get the complete analysis for DLR

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

$198.40
Price
$121.04
GF Value