Citizens Financial Group (FRA:1C5) Cyclically Adjusted Revenue per Share: €16.24 (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.

FRA:1C5 Citizens Financial Group Inc FRA:1C5
70 GF Score
Price €63.48
GF Value €45.42
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Citizens Financial Group Cyclically Adjusted Revenue per Share?

Citizens Financial Group FRA:1C5 -2.22% 70 Cyclically Adjusted Revenue per Share is €16.24 as of Jun. 2026. GuruFocus rates FRA:1C5 with a GF Score™ of 70/100 and a GF Value™ of €45.42 (Significantly Overvalued). The stock has 7 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.

Citizens Financial Group's adjusted revenue per share for the three months ended in Jun. 2026 was €4.644. 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 €16.24 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Citizens Financial Group's average Cyclically Adjusted Revenue Growth Rate was 7.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.10% 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 Citizens Financial Group was 7.10% per year. The lowest was 7.10% per year. And the median was 7.10% per year.

As of today (2026-08-19), Citizens Financial Group's current stock price is €63.48. Citizens Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €16.24. Citizens Financial Group's Cyclically Adjusted PS Ratio of today is 3.91.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Citizens Financial Group was 4.05. The lowest was 1.50. And the median was 2.62.


Citizens Financial Group  (FRA:1C5) 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.

Citizens Financial Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=63.48/16.24
=3.91

* 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 Citizens Financial Group was 4.05. The lowest was 1.50. And the median was 2.62.


Be Aware

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


Citizens Financial Group Cyclically Adjusted Revenue per Share Related Terms


Citizens Financial Group Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Citizens Financial Group'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.

Citizens Financial Group Cyclically Adjusted Revenue per Share Chart

Citizens Financial Group 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 13.33 14.03 15.55 14.98

Citizens Financial Group 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 14.48 14.88 14.98 15.10 16.24

FRA:1C5 vs BAP, RF, HBAN: Cyclically Adjusted Revenue per Share Comparison

For the Banks - Regional subindustry, Citizens Financial Group'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.


Citizens Financial Group Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Citizens Financial Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:1C5
70GF Score
Citizens Financial Group Inc FRA:1C5
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Citizens Financial Group 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, Citizens Financial Group'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)
=4.644/333.9520*333.9520
=4.644

Current CPI (Jun. 2026) = 333.9520.

Citizens Financial Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.351 241.428 3.252
201612 2.523 241.432 3.490
201703 2.531 243.801 3.467
201706 2.449 244.955 3.339
201709 2.411 246.819 3.262
201712 2.541 246.524 3.442
201803 2.423 249.554 3.242
201806 2.657 251.989 3.521
201809 2.806 252.439 3.712
201812 2.986 251.233 3.969
201903 3.027 254.202 3.977
201906 3.137 256.143 4.090
201909 3.326 256.759 4.326
201912 3.390 256.974 4.405
202003 3.492 258.115 4.518
202006 3.635 257.797 4.709
202009 3.553 260.280 4.559
202012 3.277 260.474 4.201
202103 3.255 264.877 4.104
202106 3.123 271.696 3.839
202109 3.296 274.310 4.013
202112 3.567 278.802 4.273
202203 3.517 287.504 4.085
202206 3.774 296.311 4.253
202209 4.420 296.808 4.973
202212 4.252 296.797 4.784
202303 4.075 301.836 4.509
202306 4.018 305.109 4.398
202309 4.005 307.789 4.345
202312 3.899 306.746 4.245
202403 3.886 312.332 4.155
202406 3.986 314.175 4.237
202409 3.807 315.301 4.032
202412 4.265 315.605 4.513
202503 4.048 319.799 4.227
202506 4.046 322.561 4.189
202509 4.144 324.800 4.261
202512 4.246 324.054 4.376
202603 4.362 330.213 4.411
202606 4.644 333.952 4.644

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 €16.24 mean?
Citizens Financial Group (FRA:1C5) has a Cyclically Adjusted Revenue per Share of €16.24 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 Citizens Financial Group and its competitors.
Is Citizens Financial Group's Cyclically Adjusted Revenue per Share too high?
Citizens Financial Group's current Cyclically Adjusted Revenue per Share is €16.24. Overall, Citizens Financial Group has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Citizens Financial Group's Cyclically Adjusted Revenue per Share compare to BAP and RF?
Citizens Financial Group's Cyclically Adjusted Revenue per Share of €16.24 can be compared against companies in the Banks 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 Banks company?
A good Cyclically Adjusted Revenue per Share depends on the Banks 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 Citizens Financial Group and its competitors. Citizens Financial Group's current Cyclically Adjusted Revenue per Share is €16.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Citizens Financial Group stock overvalued right now?
Based on GuruFocus' analysis, Citizens Financial Group (FRA:1C5) is currently considered Significantly Overvalued. The stock's GF Value™ is €45.42, compared to a current price of €63.48 — trading 39.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €16.24. Citizens Financial Group's overall GF Score™ is 70/100 with 7 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 Citizens Financial Group (FRA:1C5), the current Cyclically Adjusted Revenue per Share is €16.24 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 Citizens Financial Group (FRA:1C5) Overvalued in 2026?

Based on GuruFocus' analysis, Citizens Financial Group stock appears to be overvalued. The current stock price of €63.48 is trading 39.8% above its estimated GF Value™ of €45.42. GuruFocus considers Citizens Financial Group to be Significantly Overvalued.

Key valuation signals for FRA:1C5:

  • Cyclically Adjusted Revenue per Share: €16.24
  • GF Value™: €45.42 vs. price of €63.48 (39.8% above fair value)
  • GF Score™: 70/100 with 7 warning signs

No single metric tells the full story. See the FRA:1C5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Citizens Financial Group Business Description

Address One Citizens Plaza, Providence, RI, USA, 02903
Citizens Financial Group Inc is a bank holding company headquartered in Providence, Rhode Island. Through its subsidiaries, it offers various retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions. The group's reportable business segments are: Consumer Banking and Commercial Banking. The majority of its revenue is generated from the Consumer Banking segment, which serves consumer customers and small businesses, offering traditional banking products and services, including deposits, mortgage and home equity lending, credit cards, small business loans, education loans, point-of-sale finance loans, and wealth management solutions, among others, through a network of branches and ATMs.
70GF Score

Get the complete analysis for FRA:1C5

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

€63.48
Price
€45.42
GF Value