Polaris Media ASA (FRA:93J) Cyclically Adjusted Revenue per Share: €7.10 (As of Mar. 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:93J Polaris Media ASA FRA:93J
69 GF Score
Price €5.24
GF Value €5.51
! 6 Warning Signs
View Full Analysis

What is Polaris Media ASA Cyclically Adjusted Revenue per Share?

Polaris Media ASA FRA:93J -2.24% 69 Cyclically Adjusted Revenue per Share is €7.10 as of Mar. 2026. GuruFocus rates FRA:93J with a GF Score™ of 69/100 and a GF Value™ of €5.51. The stock has 6 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.

Polaris Media ASA's adjusted revenue per share for the three months ended in Mar. 2026 was €1.555. 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 €7.10 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Polaris Media ASA's average Cyclically Adjusted Revenue Growth Rate was 7.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Polaris Media ASA was 15.80% per year. The lowest was -8.30% per year. And the median was 8.30% per year.

As of today (2026-07-26), Polaris Media ASA's current stock price is €5.24. Polaris Media ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €7.10. Polaris Media ASA's Cyclically Adjusted PS Ratio of today is 0.74.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Polaris Media ASA was 1.75. The lowest was 0.28. And the median was 0.80.


Polaris Media ASA  (FRA:93J) 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.

Polaris Media ASA's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5.24/7.10
=0.74

* 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 Polaris Media ASA was 1.75. The lowest was 0.28. And the median was 0.80.


Be Aware

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


Polaris Media ASA Cyclically Adjusted Revenue per Share Related Terms


Polaris Media ASA Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Polaris Media ASA'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.

Polaris Media ASA Cyclically Adjusted Revenue per Share Chart

Polaris Media ASA 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 5.87 5.84 6.07 6.34 6.53

Polaris Media ASA 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 6.58 6.34 6.48 6.53 7.10

FRA:93J vs NYT, WLY: Cyclically Adjusted Revenue per Share Comparison

For the Publishing subindustry, Polaris Media ASA'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.


Polaris Media ASA Cyclically Adjusted PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Polaris Media ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:93J
69GF Score
Polaris Media ASA FRA:93J
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polaris Media ASA 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, Polaris Media ASA'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)
=1.555/141.0300*141.0300
=1.555

Current CPI (Mar. 2026) = 141.0300.

Polaris Media ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.826 103.800 1.122
201609 0.729 104.200 0.987
201612 0.842 104.400 1.137
201703 0.680 105.000 0.913
201706 0.768 105.800 1.024
201709 0.720 105.900 0.959
201712 1.015 106.100 1.349
201803 0.747 107.300 0.982
201806 0.818 108.500 1.063
201809 0.734 109.500 0.945
201812 0.948 109.800 1.218
201903 0.751 110.400 0.959
201906 1.179 110.600 1.503
201909 12.922 111.100 16.403
201912 1.498 111.300 1.898
202003 1.414 111.200 1.793
202006 1.472 112.100 1.852
202009 1.498 112.900 1.871
202012 1.722 112.900 2.151
202103 1.684 114.600 2.072
202106 1.736 115.300 2.123
202109 1.704 117.500 2.045
202112 1.867 118.900 2.214
202203 1.723 119.800 2.028
202206 1.720 122.600 1.979
202209 1.657 125.600 1.861
202212 1.743 125.900 1.952
202303 1.527 127.600 1.688
202306 1.533 130.400 1.658
202309 1.449 129.800 1.574
202312 1.563 131.900 1.671
202403 1.450 132.600 1.542
202406 1.507 133.800 1.588
202409 1.431 133.700 1.509
202412 1.551 134.800 1.623
202503 1.498 136.100 1.552
202506 1.520 137.800 1.556
202509 1.455 138.500 1.482
202512 1.542 139.100 1.563
202603 1.555 141.030 1.555

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 €7.10 mean?
Polaris Media ASA (FRA:93J) has a Cyclically Adjusted Revenue per Share of €7.10 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 Polaris Media ASA and its competitors.
Is Polaris Media ASA's Cyclically Adjusted Revenue per Share too high?
Polaris Media ASA's current Cyclically Adjusted Revenue per Share is €7.10. Overall, Polaris Media ASA has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Polaris Media ASA's Cyclically Adjusted Revenue per Share compare to NYT and WLY?
Polaris Media ASA's Cyclically Adjusted Revenue per Share of €7.10 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Cyclically Adjusted Revenue per Share depends on the Media - Diversified 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 Polaris Media ASA and its competitors. Polaris Media ASA's current Cyclically Adjusted Revenue per Share is €7.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polaris Media ASA stock overvalued right now?
Polaris Media ASA (FRA:93J) has a current Cyclically Adjusted Revenue per Share of €7.10. The stock's GF Value™ is €5.51, compared to a current price of €5.24 — trading 4.9% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €7.10. Polaris Media ASA's overall GF Score™ is 69/100 with 6 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 Polaris Media ASA (FRA:93J), the current Cyclically Adjusted Revenue per Share is €7.10 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 Polaris Media ASA (FRA:93J) Overvalued in 2026?

Based on GuruFocus' analysis, Polaris Media ASA stock appears to be undervalued. The current stock price of €5.24 is trading 4.9% below its estimated GF Value™ of €5.51.

Key valuation signals for FRA:93J:

  • Cyclically Adjusted Revenue per Share: €7.10
  • GF Value™: €5.51 vs. price of €5.24 (4.9% below fair value)
  • GF Score™: 69/100 with 6 warning signs

No single metric tells the full story. See the FRA:93J stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Polaris Media ASA Business Description

Other Exchanges POL:Norway
Address Ferjemannsveien 10, Trondheim, NOR, 7042
Polaris Media ASA is the largest media house and printing group. It owns and operates media houses, distribution companies and printing companies in Norway and on the west coast of Sweden. The company places great emphasis on the development of journalists as well as the individual media house's social missions and has a strong regional and local foundation with editorial freedom, independence, and transparency.
69GF Score

Get the complete analysis for FRA:93J

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

€5.24
Price
€5.51
GF Value