Benefit Systems (FRA:3ZV) Cyclically Adjusted Revenue per Share: €198.03 (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:3ZV Benefit Systems SA FRA:3ZV
32 GF Score
Price €1,184.00
GF Value €977.18
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Benefit Systems Cyclically Adjusted Revenue per Share?

Benefit Systems FRA:3ZV -0.50% 32 Cyclically Adjusted Revenue per Share is €198.03 as of Jun. 2026. GuruFocus rates FRA:3ZV with a GF Score™ of 32/100 and a GF Value™ of €977.18 (Modestly Overvalued). 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.

Benefit Systems's adjusted revenue per share for the three months ended in Jun. 2026 was €102.289. 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 €198.03 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Benefit Systems's average Cyclically Adjusted Revenue Growth Rate was 19.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 20.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 22.40% 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 Benefit Systems was 24.70% per year. The lowest was 20.50% per year. And the median was 22.90% per year.

As of today (2026-09-09), Benefit Systems's current stock price is €1184.00. Benefit Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €198.03. Benefit Systems's Cyclically Adjusted PS Ratio of today is 5.98.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Benefit Systems was 6.47. The lowest was 1.22. And the median was 3.06.


Benefit Systems  (FRA:3ZV) 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.

Benefit Systems's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1184.00/198.03
=5.98

* 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 Benefit Systems was 6.47. The lowest was 1.22. And the median was 3.06.


Be Aware

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


Benefit Systems Cyclically Adjusted Revenue per Share Related Terms


Benefit Systems Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Benefit Systems'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.

Benefit Systems Cyclically Adjusted Revenue per Share Chart

Benefit Systems 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 74.36 90.90 127.35 153.04 188.29

Benefit Systems 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 165.93 172.08 188.29 188.49 198.03

FRA:3ZV vs AS, HAS, LTH: Cyclically Adjusted Revenue per Share Comparison

For the Leisure subindustry, Benefit Systems'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.


Benefit Systems Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Benefit Systems's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:3ZV
32GF Score
Benefit Systems SA FRA:3ZV
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Benefit Systems 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, Benefit Systems'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)
=102.289/162.2800*162.2800
=102.289

Current CPI (Jun. 2026) = 162.2800.

Benefit Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 16.995 99.064 27.840
201612 18.241 100.366 29.493
201703 19.424 101.018 31.204
201706 21.780 101.180 34.932
201709 21.896 101.343 35.062
201712 22.949 102.564 36.311
201803 24.344 102.564 38.518
201806 24.525 103.378 38.499
201809 24.737 103.378 38.831
201812 26.391 103.785 41.265
201903 28.690 104.274 44.650
201906 31.000 105.983 47.467
201909 31.934 105.983 48.897
201912 35.621 107.123 53.962
202003 32.366 109.076 48.153
202006 13.703 109.402 20.326
202009 26.618 109.320 39.513
202012 14.477 109.565 21.442
202103 8.211 112.658 11.828
202106 15.137 113.960 21.555
202109 23.903 115.588 33.559
202112 30.154 119.088 41.090
202203 31.873 125.031 41.369
202206 36.455 131.705 44.918
202209 38.503 135.531 46.102
202212 44.597 139.113 52.024
202303 49.564 145.950 55.109
202306 55.323 147.009 61.070
202309 55.037 146.113 61.127
202312 59.775 147.741 65.657
202403 62.984 149.044 68.578
202406 66.462 150.997 71.428
202409 65.767 153.439 69.556
202412 71.322 154.660 74.836
202503 73.923 157.021 76.399
202506 81.260 157.509 83.721
202509 84.121 158.000 86.400
202512 91.233 158.320 93.515
202603 97.595 163.070 97.122
202606 102.289 162.280 102.289

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 €198.03 mean?
Benefit Systems (FRA:3ZV) has a Cyclically Adjusted Revenue per Share of €198.03 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 Benefit Systems and its competitors.
Is Benefit Systems' Cyclically Adjusted Revenue per Share too high?
Benefit Systems' current Cyclically Adjusted Revenue per Share is €198.03. Overall, Benefit Systems has a GF Score™ of 32/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Benefit Systems' Cyclically Adjusted Revenue per Share compare to AS and HAS?
Benefit Systems' Cyclically Adjusted Revenue per Share of €198.03 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Cyclically Adjusted Revenue per Share depends on the Travel & Leisure 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 Benefit Systems and its competitors. Benefit Systems's current Cyclically Adjusted Revenue per Share is €198.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Benefit Systems stock overvalued right now?
Based on GuruFocus' analysis, Benefit Systems (FRA:3ZV) is currently considered Modestly Overvalued. The stock's GF Value™ is €977.18, compared to a current price of €1,184.00 — trading 21.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €198.03. Benefit Systems' overall GF Score™ is 32/100 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 Benefit Systems (FRA:3ZV), the current Cyclically Adjusted Revenue per Share is €198.03 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 Benefit Systems (FRA:3ZV) Overvalued in 2026?

Based on GuruFocus' analysis, Benefit Systems stock appears to be overvalued. The current stock price of €1,184.00 is trading 21.2% above its estimated GF Value™ of €977.18. GuruFocus considers Benefit Systems to be Modestly Overvalued.

Key valuation signals for FRA:3ZV:

  • Cyclically Adjusted Revenue per Share: €198.03
  • GF Value™: €977.18 vs. price of €1,184.00 (21.2% above fair value)
  • GF Score™: 32/100 with 5 warning signs

No single metric tells the full story. See the FRA:3ZV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Benefit Systems Business Description

Other Exchanges BFT:Poland0Q3J:UK
Address European Square 2, Warsaw, POL, 00-844
Benefit Systems SA is Poland based company which is engaged in providing work benefits in the area of sport, recreations, culture and entertainment. Its products portfolio includes MultiSport Plus card, program that allows access to the sport and recreation clubs and multi-purpose facilities as well as Mybenefit, Benefitlunch, Multibilet, Multikafeteria and others.
32GF Score

Get the complete analysis for FRA:3ZV

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

€1,184.00
Price
€977.18
GF Value