BlackLine (FRA:02B) Cyclically Adjusted Revenue per Share: €6.72 (As of Mar. 2026)

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FRA:02B BlackLine Inc FRA:02B
59 GF Score
Price €26.54
GF Value €55.20
Valuation Significantly Undervalued
! 5 Warning Signs
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What is BlackLine Cyclically Adjusted Revenue per Share?

BlackLine FRA:02B -5.95% 59 Cyclically Adjusted Revenue per Share is €6.72 as of Mar. 2026. GuruFocus rates FRA:02B with a GF Score™ of 59/100 and a GF Value™ of €55.20 (Significantly Undervalued). 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.

BlackLine's adjusted revenue per share for the three months ended in Mar. 2026 was €2.269. 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 €6.72 for the trailing ten years ended in Mar. 2026.

During the past 12 months, BlackLine's average Cyclically Adjusted Revenue Growth Rate was 13.30% 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.

As of today (2026-07-31), BlackLine's current stock price is €26.54. BlackLine's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €6.72. BlackLine's Cyclically Adjusted PS Ratio of today is 3.95.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of BlackLine was 8.31. The lowest was 3.42. And the median was 6.95.


BlackLine  (FRA:02B) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=26.54/6.72
=3.95

* 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 12 years, the highest Cyclically Adjusted PS Ratio of BlackLine was 8.31. The lowest was 3.42. And the median was 6.95.


Be Aware

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


BlackLine Cyclically Adjusted Revenue per Share Related Terms


BlackLine Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for BlackLine'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.

BlackLine Cyclically Adjusted Revenue per Share Chart

BlackLine 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 0.00 0.00 0.00 0.00 6.56

BlackLine 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 6.36 5.98 6.20 6.56 6.72

FRA:02B vs QNT, WRD, BVC: Cyclically Adjusted Revenue per Share Comparison

For the Software - Application subindustry, BlackLine'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.


BlackLine Cyclically Adjusted PS Ratio vs Software Industry

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

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


FRA:02B
59GF Score
BlackLine Inc FRA:02B
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BlackLine 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, BlackLine'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)
=2.269/330.2130*330.2130
=2.269

Current CPI (Mar. 2026) = 330.2130.

BlackLine Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.524 241.018 0.718
201609 0.582 241.428 0.796
201612 0.744 241.432 1.018
201703 0.696 243.801 0.943
201706 0.721 244.955 0.972
201709 0.725 246.819 0.970
201712 0.799 246.524 1.070
201803 0.783 249.554 1.036
201806 0.886 251.989 1.161
201809 0.928 252.439 1.214
201812 1.002 251.233 1.317
201903 1.035 254.202 1.344
201906 1.117 256.143 1.440
201909 1.226 256.759 1.577
201912 1.295 256.974 1.664
202003 1.331 258.115 1.703
202006 1.306 257.797 1.673
202009 1.341 260.280 1.701
202012 1.369 260.474 1.736
202103 1.435 264.877 1.789
202106 1.456 271.696 1.770
202109 1.589 274.310 1.913
202112 1.735 278.802 2.055
202203 1.847 287.504 2.121
202206 2.045 296.311 2.279
202209 2.272 296.808 2.528
202212 2.206 296.797 2.454
202303 2.157 301.836 2.360
202306 1.858 305.109 2.011
202309 1.959 307.789 2.102
202312 1.970 306.746 2.121
202403 1.987 312.332 2.101
202406 2.056 314.175 2.161
202409 2.021 315.301 2.117
202412 2.169 315.605 2.269
202503 2.381 319.799 2.459
202506 2.330 322.561 2.385
202509 2.404 324.800 2.444
202512 2.183 324.054 2.224
202603 2.269 330.213 2.269

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 €6.72 mean?
BlackLine (FRA:02B) has a Cyclically Adjusted Revenue per Share of €6.72 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 BlackLine and its competitors.
Is BlackLine's Cyclically Adjusted Revenue per Share too high?
BlackLine's current Cyclically Adjusted Revenue per Share is €6.72. Overall, BlackLine has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BlackLine's Cyclically Adjusted Revenue per Share compare to QNT and WRD?
BlackLine's Cyclically Adjusted Revenue per Share of €6.72 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Revenue per Share depends on the Software 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 BlackLine and its competitors. BlackLine's current Cyclically Adjusted Revenue per Share is €6.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackLine stock overvalued right now?
Based on GuruFocus' analysis, BlackLine (FRA:02B) is currently considered Significantly Undervalued. The stock's GF Value™ is €55.20, compared to a current price of €26.54 — trading 51.9% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €6.72. BlackLine's overall GF Score™ is 59/100 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 BlackLine (FRA:02B), the current Cyclically Adjusted Revenue per Share is €6.72 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 BlackLine (FRA:02B) Overvalued in 2026?

Based on GuruFocus' analysis, BlackLine stock appears to be undervalued. The current stock price of €26.54 is trading 51.9% below its estimated GF Value™ of €55.20. GuruFocus considers BlackLine to be Significantly Undervalued.

Key valuation signals for FRA:02B:

  • Cyclically Adjusted Revenue per Share: €6.72
  • GF Value™: €55.20 vs. price of €26.54 (51.9% below fair value)
  • GF Score™: 59/100 with 5 warning signs

No single metric tells the full story. See the FRA:02B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BlackLine Business Description

Address 21300 Victory Boulevard, 12th Floor, Woodland Hills, CA, USA, 91367
BlackLine Inc is engaged in providing financial accounting close solutions delivered as Software as a Service (SaaS). The Company's solutions enable its customers to address various aspects of their critical processes, including financial close & consolidation, intercompany accounting, and invoice-to-cash. The majority of the revenue of the company is earned in the United States.
59GF Score

Get the complete analysis for FRA:02B

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

€26.54
Price
€55.20
GF Value