PROG Holdings (FRA:AZD) Cyclically Adjusted Revenue per Share: €44.75 (As of Jun. 2026)

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FRA:AZD PROG Holdings Inc FRA:AZD
92 GF Score
Price €32.00
GF Value €35.61
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is PROG Holdings Cyclically Adjusted Revenue per Share?

PROG Holdings FRA:AZD 92 Cyclically Adjusted Revenue per Share is €44.75 as of Jun. 2026. GuruFocus rates FRA:AZD with a GF Score™ of 92/100 and a GF Value™ of €35.61 (Modestly Undervalued). The stock has 4 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.

PROG Holdings's adjusted revenue per share for the three months ended in Jun. 2026 was €15.336. 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 €44.75 for the trailing ten years ended in Jun. 2026.

During the past 12 months, PROG Holdings's average Cyclically Adjusted Revenue Growth Rate was 4.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.50% 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 PROG Holdings was 15.10% per year. The lowest was 4.10% per year. And the median was 10.30% per year.

As of today (2026-09-11), PROG Holdings's current stock price is €32.00. PROG Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €44.75. PROG Holdings's Cyclically Adjusted PS Ratio of today is 0.72.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PROG Holdings was 1.70. The lowest was 0.28. And the median was 0.88.


PROG Holdings  (FRA:AZD) 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.

PROG Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=32.00/44.75
=0.72

* 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 PROG Holdings was 1.70. The lowest was 0.28. And the median was 0.88.


Be Aware

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


PROG Holdings Cyclically Adjusted Revenue per Share Related Terms


PROG Holdings Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for PROG Holdings'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.

PROG Holdings Cyclically Adjusted Revenue per Share Chart

PROG Holdings 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 36.06 42.82 43.98 48.23 45.69

PROG Holdings 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 43.78 44.49 45.69 45.84 44.75

FRA:AZD vs VSTS, WLFC, CTOS: Cyclically Adjusted Revenue per Share Comparison

For the Rental & Leasing Services subindustry, PROG Holdings'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.


PROG Holdings Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, PROG Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:AZD
92GF Score
PROG Holdings Inc FRA:AZD
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PROG Holdings 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, PROG Holdings'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)
=15.336/333.9520*333.9520
=15.336

Current CPI (Jun. 2026) = 333.9520.

PROG Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 9.360 241.428 12.947
201612 10.415 241.432 14.406
201703 10.909 243.801 14.943
201706 10.125 244.955 13.804
201709 9.762 246.819 13.208
201712 10.337 246.524 14.003
201803 10.752 249.554 14.388
201806 11.212 251.989 14.859
201809 11.645 252.439 15.405
201812 -10.125 251.233 -13.459
201903 13.024 254.202 17.110
201906 12.455 256.143 16.238
201909 12.747 256.759 16.579
201912 -10.504 256.974 -13.651
202003 8.914 258.115 11.533
202006 7.880 257.797 10.208
202009 7.615 260.280 9.770
202012 7.263 260.474 9.312
202103 8.873 264.877 11.187
202106 8.136 271.696 10.000
202109 8.328 274.310 10.139
202112 8.982 278.802 10.759
202203 11.580 287.504 13.451
202206 11.600 296.311 13.074
202209 12.505 296.808 14.070
202212 11.758 296.797 13.230
202303 12.711 301.836 14.063
202306 11.668 305.109 12.771
202309 11.839 307.789 12.845
202312 10.349 306.746 11.267
202403 13.262 312.332 14.180
202406 12.582 314.175 13.374
202409 12.651 315.301 13.399
202412 12.476 315.605 13.201
202503 14.774 319.799 15.428
202506 12.580 322.561 13.024
202509 12.525 324.800 12.878
202512 11.058 324.054 11.396
202603 15.742 330.213 15.920
202606 15.336 333.952 15.336

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 €44.75 mean?
PROG Holdings (FRA:AZD) has a Cyclically Adjusted Revenue per Share of €44.75 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 PROG Holdings and its competitors.
Is PROG Holdings' Cyclically Adjusted Revenue per Share too high?
PROG Holdings' current Cyclically Adjusted Revenue per Share is €44.75. Overall, PROG Holdings has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PROG Holdings' Cyclically Adjusted Revenue per Share compare to VSTS and WLFC?
PROG Holdings' Cyclically Adjusted Revenue per Share of €44.75 can be compared against companies in the Business Services 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 Business Services company?
A good Cyclically Adjusted Revenue per Share depends on the Business Services 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 PROG Holdings and its competitors. PROG Holdings's current Cyclically Adjusted Revenue per Share is €44.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PROG Holdings stock overvalued right now?
Based on GuruFocus' analysis, PROG Holdings (FRA:AZD) is currently considered Modestly Undervalued. The stock's GF Value™ is €35.61, compared to a current price of €32.00 — trading 10.1% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €44.75. PROG Holdings' overall GF Score™ is 92/100 with 4 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 PROG Holdings (FRA:AZD), the current Cyclically Adjusted Revenue per Share is €44.75 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 PROG Holdings (FRA:AZD) Overvalued in 2026?

Based on GuruFocus' analysis, PROG Holdings stock appears to be undervalued. The current stock price of €32.00 is trading 10.1% below its estimated GF Value™ of €35.61. GuruFocus considers PROG Holdings to be Modestly Undervalued.

Key valuation signals for FRA:AZD:

  • Cyclically Adjusted Revenue per Share: €44.75
  • GF Value™: €35.61 vs. price of €32.00 (10.1% below fair value)
  • GF Score™: 92/100 with 4 warning signs

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


PROG Holdings Business Description

Other Exchanges PRG:USA
Address 256 West Data Drive, Draper, UT, USA, 84020-2315
PROG Holdings Inc is a financial technology holding company that provides transparent and competitive payment options to consumers. The company has two reportable segments: Progressive Leasing, an in-store, app-based, and e-commerce point-of-sale lease-to-own solutions provider; and Vive Financial (Vive), an omnichannel provider of second-look revolving credit products. The majority of the revenue of the company is earned through the Progressive Leasing segment.
92GF Score

Get the complete analysis for FRA:AZD

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

€32.00
Price
€35.61
GF Value