M/I Homes (FRA:4MI) Cyclically Adjusted Revenue per Share: €112.23 (As of Mar. 2026)

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FRA:4MI M/I Homes Inc FRA:4MI
81 GF Score
Price €128.00
GF Value €114.17
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is M/I Homes Cyclically Adjusted Revenue per Share?

M/I Homes FRA:4MI -1.54% 81 Cyclically Adjusted Revenue per Share is €112.23 as of Mar. 2026. GuruFocus rates FRA:4MI with a GF Score™ of 81/100 and a GF Value™ of €114.17 (Modestly 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.

M/I Homes's adjusted revenue per share for the three months ended in Mar. 2026 was €29.983. 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 €112.23 for the trailing ten years ended in Mar. 2026.

During the past 12 months, M/I Homes's average Cyclically Adjusted Revenue Growth Rate was 11.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 15.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 11.80% 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 M/I Homes was 18.10% per year. The lowest was -9.30% per year. And the median was 3.20% per year.

As of today (2026-07-22), M/I Homes's current stock price is €128.00. M/I Homes's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €112.23. M/I Homes's Cyclically Adjusted PS Ratio of today is 1.14.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of M/I Homes was 1.55. The lowest was 0.24. And the median was 0.74.


M/I Homes  (FRA:4MI) 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.

M/I Homes's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=128.00/112.23
=1.14

* 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 M/I Homes was 1.55. The lowest was 0.24. And the median was 0.74.


Be Aware

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


M/I Homes Cyclically Adjusted Revenue per Share Related Terms


M/I Homes Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for M/I Homes'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.

M/I Homes Cyclically Adjusted Revenue per Share Chart

M/I Homes 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 66.24 84.00 92.85 111.41 109.27

M/I Homes 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 108.96 105.42 108.11 109.27 112.23

FRA:4MI vs KBH, CVCO, SKY: Cyclically Adjusted Revenue per Share Comparison

For the Residential Construction subindustry, M/I Homes'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.


M/I Homes Cyclically Adjusted PS Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, M/I Homes's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where M/I Homes's Cyclically Adjusted PS Ratio falls into.


FRA:4MI
81GF Score
M/I Homes Inc FRA:4MI
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

M/I Homes 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, M/I Homes'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)
=29.983/330.2130*330.2130
=29.983

Current CPI (Mar. 2026) = 330.2130.

M/I Homes Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 11.873 241.018 16.267
201609 13.081 241.428 17.892
201612 16.433 241.432 22.476
201703 12.547 243.801 16.994
201706 13.280 244.955 17.902
201709 13.031 246.819 17.434
201712 16.873 246.524 22.601
201803 11.626 249.554 15.384
201806 16.416 251.989 21.512
201809 16.835 252.439 22.022
201812 22.537 251.233 29.622
201903 15.223 254.202 19.775
201906 19.650 256.143 25.332
201909 20.744 256.759 26.678
201912 22.885 256.974 29.407
202003 18.020 258.115 23.053
202006 21.993 257.797 28.171
202009 24.581 260.280 31.186
202012 25.242 260.474 32.000
202103 23.406 264.877 29.179
202106 26.507 271.696 32.216
202109 25.598 274.310 30.815
202112 31.423 278.802 37.217
202203 26.886 287.504 30.880
202206 34.434 296.311 38.374
202209 36.298 296.808 40.383
202212 40.998 296.797 45.614
202303 33.015 301.836 36.119
202306 32.698 305.109 35.388
202309 34.000 307.789 36.477
202312 30.785 306.746 33.140
202403 33.334 312.332 35.242
202406 35.963 314.175 37.799
202409 36.089 315.301 37.796
202412 40.686 315.605 42.569
202503 32.314 319.799 33.366
202506 36.779 322.561 37.651
202509 35.467 324.800 36.058
202512 36.542 324.054 37.237
202603 29.983 330.213 29.983

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 €112.23 mean?
M/I Homes (FRA:4MI) has a Cyclically Adjusted Revenue per Share of €112.23 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 M/I Homes and its competitors.
Is M/I Homes' Cyclically Adjusted Revenue per Share too high?
M/I Homes' current Cyclically Adjusted Revenue per Share is €112.23. Overall, M/I Homes has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does M/I Homes' Cyclically Adjusted Revenue per Share compare to KBH and CVCO?
M/I Homes' Cyclically Adjusted Revenue per Share of €112.23 can be compared against companies in the Homebuilding & Construction 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 Homebuilding & Construction company?
A good Cyclically Adjusted Revenue per Share depends on the Homebuilding & Construction 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 M/I Homes and its competitors. M/I Homes's current Cyclically Adjusted Revenue per Share is €112.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M/I Homes stock overvalued right now?
Based on GuruFocus' analysis, M/I Homes (FRA:4MI) is currently considered Modestly Overvalued. The stock's GF Value™ is €114.17, compared to a current price of €128.00 — trading 12.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €112.23. M/I Homes' overall GF Score™ is 81/100 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 M/I Homes (FRA:4MI), the current Cyclically Adjusted Revenue per Share is €112.23 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 M/I Homes (FRA:4MI) Overvalued in 2026?

Based on GuruFocus' analysis, M/I Homes stock appears to be overvalued. The current stock price of €128.00 is trading 12.1% above its estimated GF Value™ of €114.17. GuruFocus considers M/I Homes to be Modestly Overvalued.

Key valuation signals for FRA:4MI:

  • Cyclically Adjusted Revenue per Share: €112.23
  • GF Value™: €114.17 vs. price of €128.00 (12.1% above fair value)
  • GF Score™: 81/100 with 7 warning signs

No single metric tells the full story. See the FRA:4MI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


M/I Homes Business Description

Other Exchanges MHO:USA0A8X:UK4MI:Germany
Address 4131 Worth Avenue, Suite 500, Columbus, OH, USA, 43219
M/I Homes Inc is an American construction company that focuses on residential construction. It consists of two distinct operations: homebuilding and financial services. The homebuilding operations are spread into the Midwest, Mid-Atlantic, and Southern regions, and the financial services operations support homebuilding operations by providing mortgage loans and title services to the customers of homebuilding operations. Homebuilding operations comprises a predominant portion of the revenue. The company builds homes and communities that target entry-level, move-up, and luxury homebuyers.
81GF Score

Get the complete analysis for FRA:4MI

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

€128.00
Price
€114.17
GF Value