Flex (FLEX) Cyclically Adjusted Revenue per Share: $65.87 (As of Jun. 2026)

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FLEX Flex Ltd FLEX
79 GF Score
Price $126.14
GF Value $50.93
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Flex Cyclically Adjusted Revenue per Share?

Flex FLEX +1.50% 79 Cyclically Adjusted Revenue per Share is $65.87 as of Jun. 2026. GuruFocus rates FLEX with a GF Score™ of 79/100 and a GF Value™ of $50.93 (Significantly Overvalued). The stock has 2 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.

Flex's adjusted revenue per share for the three months ended in Jun. 2026 was $21.198. 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 $65.87 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Flex's average Cyclically Adjusted Revenue Growth Rate was 6.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.10% 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 Flex was 18.30% per year. The lowest was 2.90% per year. And the median was 4.30% per year.

As of today (2026-08-16), Flex's current stock price is $126.14. Flex's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $65.87. Flex's Cyclically Adjusted PS Ratio of today is 1.91.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Flex was 2.36. The lowest was 0.11. And the median was 0.28.


Flex  (NAS:FLEX) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=126.14/65.87
=1.91

* 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 Flex was 2.36. The lowest was 0.11. And the median was 0.28.


Be Aware

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


Flex Cyclically Adjusted Revenue per Share Related Terms


Flex Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Flex'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.

Flex Cyclically Adjusted Revenue per Share Chart

Flex Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.28 56.58 59.02 61.02 64.50

Flex 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 61.97 62.68 62.76 64.50 65.87

FLEX vs JBL, TEL, FN: Cyclically Adjusted Revenue per Share Comparison

For the Electronic Components subindustry, Flex'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.


Flex Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Flex's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FLEX
79GF Score
Flex Ltd FLEX
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Flex 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, Flex'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)
=21.198/333.9520*333.9520
=21.198

Current CPI (Jun. 2026) = 333.9520.

Flex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 11.044 241.428 15.276
201612 11.220 241.432 15.520
201703 10.861 243.801 14.877
201706 11.155 244.955 15.208
201709 11.698 246.819 15.828
201712 12.635 246.524 17.116
201803 11.906 249.554 15.933
201806 11.951 251.989 15.838
201809 12.466 252.439 16.491
201812 13.189 251.233 17.532
201903 11.904 254.202 15.639
201906 11.933 256.143 15.558
201909 11.867 256.759 15.435
201912 12.669 256.974 16.464
202003 10.905 258.115 14.109
202006 10.265 257.797 13.297
202009 11.875 260.280 15.236
202012 13.228 260.474 16.960
202103 12.310 264.877 15.520
202106 12.709 271.696 15.621
202109 12.791 274.310 15.572
202112 13.964 278.802 16.726
202203 11.556 287.504 13.423
202206 15.699 296.311 17.693
202209 16.883 296.808 18.996
202212 16.898 296.797 19.013
202303 12.193 301.836 13.490
202306 15.147 305.109 16.579
202309 15.475 307.789 16.790
202312 14.727 306.746 16.033
202403 14.481 312.332 15.483
202406 15.363 314.175 16.330
202409 16.363 315.301 17.331
202412 16.640 315.605 17.607
202503 16.447 319.799 17.175
202506 17.257 322.561 17.866
202509 17.905 324.800 18.410
202512 18.771 324.054 19.344
202603 19.939 330.213 20.165
202606 21.198 333.952 21.198

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 $65.87 mean?
Flex (FLEX) has a Cyclically Adjusted Revenue per Share of $65.87 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 Flex and its competitors.
Is Flex's Cyclically Adjusted Revenue per Share too high?
Flex's current Cyclically Adjusted Revenue per Share is $65.87. Overall, Flex has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Flex's Cyclically Adjusted Revenue per Share compare to JBL and TEL?
Flex's Cyclically Adjusted Revenue per Share of $65.87 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Revenue per Share depends on the Hardware 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 Flex and its competitors. Flex's current Cyclically Adjusted Revenue per Share is $65.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flex stock overvalued right now?
Based on GuruFocus' analysis, Flex (FLEX) is currently considered Significantly Overvalued. The stock's GF Value™ is $50.93, compared to a current price of $126.14 — trading 147.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $65.87. Flex's overall GF Score™ is 79/100 with 2 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 Flex (FLEX), the current Cyclically Adjusted Revenue per Share is $65.87 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 Flex (FLEX) Overvalued in 2026?

Based on GuruFocus' analysis, Flex stock appears to be overvalued. The current stock price of $126.14 is trading 147.7% above its estimated GF Value™ of $50.93. GuruFocus considers Flex to be Significantly Overvalued.

Key valuation signals for FLEX:

  • Cyclically Adjusted Revenue per Share: $65.87
  • GF Value™: $50.93 vs. price of $126.14 (147.7% above fair value)
  • GF Score™: 79/100 with 2 warning signs

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


Flex Business Description

Other Exchanges FLEXN:MexicoFXI:Germany
Address 12455 Research Boulevard, Suite 300, Austin, TX, USA, 78759
Flex Ltd is the developed, end-to-end manufacturing partner of choice that helps a diverse customer base design, build, deliver and manage products that improve the world. The Company's full suite of specialized capabilities includes design and engineering, supply chain, manufacturing, and integrated services, plus a portfolio of power and cooling products. Its reportable segments includes Integrated Technology Solutions, Regulated Manufacturing Solutions, and Cloud and Power Infrastructure.
79GF Score

Get the complete analysis for FLEX

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

$126.14
Price
$50.93
GF Value