Kelt Exploration (FRA:2KE) Cyclically Adjusted Revenue per Share: €1.44 (As of Mar. 2026)

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FRA:2KE Kelt Exploration Ltd FRA:2KE
64 GF Score
Price €6.30
GF Value €5.27
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Kelt Exploration Cyclically Adjusted Revenue per Share?

Kelt Exploration FRA:2KE +4.13% 64 Cyclically Adjusted Revenue per Share is €1.44 as of Mar. 2026. GuruFocus rates FRA:2KE with a GF Score™ of 64/100 and a GF Value™ of €5.27 (Modestly Overvalued). The stock has 9 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.

Kelt Exploration's adjusted revenue per share for the three months ended in Mar. 2026 was €0.520. 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 €1.44 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kelt Exploration's average Cyclically Adjusted Revenue Growth Rate was 7.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.50% 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 Kelt Exploration was 7.50% per year. The lowest was 7.50% per year. And the median was 7.50% per year.

As of today (2026-07-24), Kelt Exploration's current stock price is €6.30. Kelt Exploration's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €1.44. Kelt Exploration's Cyclically Adjusted PS Ratio of today is 4.38.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Kelt Exploration was 4.38. The lowest was 2.42. And the median was 3.08.


Kelt Exploration  (FRA:2KE) 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.

Kelt Exploration's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=6.30/1.44
=4.38

* 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 Kelt Exploration was 4.38. The lowest was 2.42. And the median was 3.08.


Be Aware

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


Kelt Exploration Cyclically Adjusted Revenue per Share Related Terms


Kelt Exploration Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Kelt Exploration'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.

Kelt Exploration Cyclically Adjusted Revenue per Share Chart

Kelt Exploration 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 1.24 1.38 1.30 1.38

Kelt Exploration 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 1.36 1.34 1.36 1.38 1.44

FRA:2KE vs COP, EOG, FANG: Cyclically Adjusted Revenue per Share Comparison

For the Oil & Gas E&P subindustry, Kelt Exploration'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.


Kelt Exploration Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Kelt Exploration's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:2KE
64GF Score
Kelt Exploration Ltd FRA:2KE
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kelt Exploration 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, Kelt Exploration'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)
=0.52/132.2623*132.2623
=0.520

Current CPI (Mar. 2026) = 132.2623.

Kelt Exploration Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.162 102.002 0.210
201609 0.186 101.765 0.242
201612 0.225 101.449 0.293
201703 0.238 102.634 0.307
201706 0.227 103.029 0.291
201709 0.218 103.345 0.279
201712 0.297 103.345 0.380
201803 0.311 105.004 0.392
201806 0.348 105.557 0.436
201809 0.353 105.636 0.442
201812 0.356 105.399 0.447
201903 0.368 106.979 0.455
201906 0.364 107.690 0.447
201909 0.347 107.611 0.426
201912 0.360 107.769 0.442
202003 0.245 107.927 0.300
202006 0.159 108.401 0.194
202009 0.166 108.164 0.203
202012 0.143 108.559 0.174
202103 0.211 110.298 0.253
202106 0.216 111.720 0.256
202109 0.266 112.905 0.312
202112 0.433 113.774 0.503
202203 0.513 117.646 0.577
202206 0.675 120.806 0.739
202209 0.553 120.648 0.606
202212 0.540 120.964 0.590
202303 0.488 122.702 0.526
202306 0.385 124.203 0.410
202309 0.409 125.230 0.432
202312 0.458 125.072 0.484
202403 0.433 126.258 0.454
202406 0.339 127.522 0.352
202409 0.359 127.285 0.373
202412 0.418 127.364 0.434
202503 0.458 129.181 0.469
202506 0.364 129.892 0.371
202509 0.335 130.287 0.340
202512 0.438 130.366 0.444
202603 0.520 132.262 0.520

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 €1.44 mean?
Kelt Exploration (FRA:2KE) has a Cyclically Adjusted Revenue per Share of €1.44 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 Kelt Exploration and its competitors.
Is Kelt Exploration's Cyclically Adjusted Revenue per Share too high?
Kelt Exploration's current Cyclically Adjusted Revenue per Share is €1.44. Overall, Kelt Exploration has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kelt Exploration's Cyclically Adjusted Revenue per Share compare to COP and EOG?
Kelt Exploration's Cyclically Adjusted Revenue per Share of €1.44 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Cyclically Adjusted Revenue per Share depends on the Oil & Gas 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 Kelt Exploration and its competitors. Kelt Exploration's current Cyclically Adjusted Revenue per Share is €1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kelt Exploration stock overvalued right now?
Based on GuruFocus' analysis, Kelt Exploration (FRA:2KE) is currently considered Modestly Overvalued. The stock's GF Value™ is €5.27, compared to a current price of €6.30 — trading 19.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €1.44. Kelt Exploration's overall GF Score™ is 64/100 with 9 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 Kelt Exploration (FRA:2KE), the current Cyclically Adjusted Revenue per Share is €1.44 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 Kelt Exploration (FRA:2KE) Overvalued in 2026?

Based on GuruFocus' analysis, Kelt Exploration stock appears to be overvalued. The current stock price of €6.30 is trading 19.5% above its estimated GF Value™ of €5.27. GuruFocus considers Kelt Exploration to be Modestly Overvalued.

Key valuation signals for FRA:2KE:

  • Cyclically Adjusted Revenue per Share: €1.44
  • GF Value™: €5.27 vs. price of €6.30 (19.5% above fair value)
  • GF Score™: 64/100 with 9 warning signs

No single metric tells the full story. See the FRA:2KE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kelt Exploration Business Description

Industry EnergyOil & Gas
Other Exchanges KELTF:USAKEL:Canada
Address 311 6th Avenue S.W, Suite 300, East Tower, Calgary, AB, CAN, T2P 3H2
Kelt Exploration Ltd is an oil and gas company that focuses on the exploration, development, and production of crude oil and natural gas in northwestern Alberta and northeastern British Columbia. The company focuses on exploration, development and production of crude oil and natural gas resources, in west central Alberta and northeastern British Columbia.
64GF Score

Get the complete analysis for FRA:2KE

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

€6.30
Price
€5.27
GF Value