BXP (FRA:BO9) Cyclically Adjusted Revenue per Share: €20.17 (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:BO9 BXP Inc FRA:BO9
73 GF Score
Price €60.02
GF Value €61.19
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is BXP Cyclically Adjusted Revenue per Share?

BXP FRA:BO9 +1.73% 73 Cyclically Adjusted Revenue per Share is €20.17 as of Jun. 2026. GuruFocus rates FRA:BO9 with a GF Score™ of 73/100 and a GF Value™ of €61.19 (Fairly Valued). 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.

BXP's adjusted revenue per share for the three months ended in Jun. 2026 was €4.870. 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 €20.17 for the trailing ten years ended in Jun. 2026.

During the past 12 months, BXP's average Cyclically Adjusted Revenue Growth Rate was 3.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.50% 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 BXP was 7.60% per year. The lowest was -0.10% per year. And the median was 3.30% per year.

As of today (2026-08-14), BXP's current stock price is €60.02. BXP's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €20.17. BXP's Cyclically Adjusted PS Ratio of today is 2.98.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of BXP was 10.09. The lowest was 2.28. And the median was 5.74.


BXP  (FRA:BO9) 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.

BXP's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=60.02/20.17
=2.98

* 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 BXP was 10.09. The lowest was 2.28. And the median was 5.74.


Be Aware

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


BXP Cyclically Adjusted Revenue per Share Related Terms


BXP Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for BXP'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.

BXP Cyclically Adjusted Revenue per Share Chart

BXP 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 16.28 18.80 19.48 20.75 19.33

BXP 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 18.88 19.09 19.33 19.70 20.17

FRA:BO9 vs ARE, VNO, CUZ: Cyclically Adjusted Revenue per Share Comparison

For the REIT - Office subindustry, BXP'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.


BXP Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, BXP's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:BO9
73GF Score
BXP Inc FRA:BO9
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BXP 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, BXP'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)
=4.87/333.9520*333.9520
=4.870

Current CPI (Jun. 2026) = 333.9520.

BXP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.614 241.428 4.999
201612 3.916 241.432 5.417
201703 3.833 243.801 5.250
201706 3.788 244.955 5.164
201709 3.572 246.819 4.833
201712 3.583 246.524 4.854
201803 3.466 249.554 4.638
201806 3.680 251.989 4.877
201809 3.802 252.439 5.030
201812 4.005 251.233 5.324
201903 4.148 254.202 5.449
201906 4.193 256.143 5.467
201909 4.361 256.759 5.672
201912 4.399 256.974 5.717
202003 4.387 258.115 5.676
202006 3.741 257.797 4.846
202009 3.781 260.280 4.851
202012 3.511 260.474 4.501
202103 3.841 264.877 4.843
202106 3.785 271.696 4.652
202109 3.963 274.310 4.825
202112 4.139 278.802 4.958
202203 4.362 287.504 5.067
202206 4.658 296.311 5.250
202209 5.081 296.808 5.717
202212 4.746 296.797 5.340
202303 4.777 301.836 5.285
202306 4.797 305.109 5.250
202309 4.923 307.789 5.341
202312 4.833 306.746 5.262
202403 4.915 312.332 5.255
202406 5.023 314.175 5.339
202409 4.893 315.301 5.182
202412 5.172 315.605 5.473
202503 5.045 319.799 5.268
202506 4.742 322.561 4.909
202509 4.689 324.800 4.821
202512 4.708 324.054 4.852
202603 4.743 330.213 4.797
202606 4.870 333.952 4.870

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 €20.17 mean?
BXP (FRA:BO9) has a Cyclically Adjusted Revenue per Share of €20.17 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 BXP and its competitors.
Is BXP's Cyclically Adjusted Revenue per Share too high?
BXP's current Cyclically Adjusted Revenue per Share is €20.17. Overall, BXP has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BXP's Cyclically Adjusted Revenue per Share compare to ARE and VNO?
BXP's Cyclically Adjusted Revenue per Share of €20.17 can be compared against companies in the REITs 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 REITs company?
A good Cyclically Adjusted Revenue per Share depends on the REITs 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 BXP and its competitors. BXP's current Cyclically Adjusted Revenue per Share is €20.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BXP stock overvalued right now?
Based on GuruFocus' analysis, BXP (FRA:BO9) is currently considered Fairly Valued. The stock's GF Value™ is €61.19, compared to a current price of €60.02 — trading 1.9% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €20.17. BXP's overall GF Score™ is 73/100 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 BXP (FRA:BO9), the current Cyclically Adjusted Revenue per Share is €20.17 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 BXP (FRA:BO9) Overvalued in 2026?

Based on GuruFocus' analysis, BXP stock appears to be undervalued. The current stock price of €60.02 is trading 1.9% below its estimated GF Value™ of €61.19. GuruFocus considers BXP to be Fairly Valued.

Key valuation signals for FRA:BO9:

  • Cyclically Adjusted Revenue per Share: €20.17
  • GF Value™: €61.19 vs. price of €60.02 (1.9% below fair value)
  • GF Score™: 73/100 with 9 warning signs

No single metric tells the full story. See the FRA:BO9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BXP Business Description

Industry Real EstateREITs
Other Exchanges BXP:USA0HOX:UKBOXP34:Brazil
Address 800 Boylston Street, Suite 1900, Prudential Center, Boston, MA, USA, 02199-8103
BXP owns 179 properties consisting of approximately 52.6 million rentable square feet of space. The portfolio is dominated by office buildings and is spread across major cities such as New York, Boston, San Francisco, Los Angeles, Seattle, and the Washington, D.C., region. The real estate investment trust also owns limited retail, hotel, and residential properties.
73GF Score

Get the complete analysis for FRA:BO9

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

€60.02
Price
€61.19
GF Value