Core Natural Resources (FRA:C9X0) Cyclically Adjusted Revenue per Share: €60.71 (As of Mar. 2026)

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FRA:C9X0 Core Natural Resources Inc FRA:C9X0
87 GF Score
Price €69.70
GF Value €88.87
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Core Natural Resources Cyclically Adjusted Revenue per Share?

Core Natural Resources FRA:C9X0 +0.87% 87 Cyclically Adjusted Revenue per Share is €60.71 as of Mar. 2026. GuruFocus rates FRA:C9X0 with a GF Score™ of 87/100 and a GF Value™ of €88.87 (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.

Core Natural Resources's adjusted revenue per share for the three months ended in Mar. 2026 was €18.369. 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 €60.71 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-08-06), Core Natural Resources's current stock price is €69.70. Core Natural Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €60.71. Core Natural Resources's Cyclically Adjusted PS Ratio of today is 1.15.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Core Natural Resources was 1.77. The lowest was 1.20. And the median was 1.34.


Core Natural Resources  (FRA:C9X0) 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.

Core Natural Resources's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=69.70/60.71
=1.15

* 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 12 years, the highest Cyclically Adjusted PS Ratio of Core Natural Resources was 1.77. The lowest was 1.20. And the median was 1.34.


Be Aware

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


Core Natural Resources Cyclically Adjusted Revenue per Share Related Terms


Core Natural Resources Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Core Natural Resources'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.

Core Natural Resources Cyclically Adjusted Revenue per Share Chart

Core Natural Resources 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 0.00 0.00 0.00 0.00 54.47

Core Natural Resources 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 0.00 0.00 54.78 54.47 60.71

FRA:C9X0 vs ARLP, BTU, NRP: Cyclically Adjusted Revenue per Share Comparison

For the Thermal Coal subindustry, Core Natural Resources'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.


Core Natural Resources Cyclically Adjusted PS Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Core Natural Resources's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:C9X0
87GF Score
Core Natural Resources Inc FRA:C9X0
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Core Natural Resources 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, Core Natural Resources'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)
=18.369/330.2130*330.2130
=18.369

Current CPI (Mar. 2026) = 330.2130.

Core Natural Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 8.570 241.018 11.742
201609 8.947 241.428 12.237
201612 11.656 241.432 15.942
201703 11.389 243.801 15.426
201706 10.673 244.955 14.388
201709 9.457 246.819 12.652
201712 9.889 246.524 13.246
201803 10.998 249.554 14.553
201806 12.135 251.989 15.902
201809 9.398 252.439 12.293
201812 11.592 251.233 15.236
201903 11.348 254.202 14.741
201906 11.824 256.143 15.243
201909 10.803 256.759 13.894
201912 11.328 256.974 14.557
202003 9.484 258.115 12.133
202006 4.138 257.797 5.300
202009 6.988 260.280 8.866
202012 8.428 260.474 10.685
202103 7.928 264.877 9.884
202106 7.172 271.696 8.717
202109 7.199 274.310 8.666
202112 7.718 278.802 9.141
202203 14.046 287.504 16.133
202206 16.019 296.311 17.852
202209 14.963 296.808 16.647
202212 16.060 296.797 17.868
202303 18.004 301.836 19.697
202306 17.777 305.109 19.240
202309 15.639 307.789 16.778
202312 18.307 306.746 19.708
202403 16.724 312.332 17.681
202406 15.357 314.175 16.141
202409 16.788 315.301 17.582
202412 18.408 315.605 19.260
202503 18.723 319.799 19.333
202506 18.246 322.561 18.679
202509 16.552 324.800 16.828
202512 17.400 324.054 17.731
202603 18.369 330.213 18.369

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 €60.71 mean?
Core Natural Resources (FRA:C9X0) has a Cyclically Adjusted Revenue per Share of €60.71 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 Core Natural Resources and its competitors.
Is Core Natural Resources' Cyclically Adjusted Revenue per Share too high?
Core Natural Resources' current Cyclically Adjusted Revenue per Share is €60.71. Overall, Core Natural Resources has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Core Natural Resources' Cyclically Adjusted Revenue per Share compare to ARLP and BTU?
Core Natural Resources' Cyclically Adjusted Revenue per Share of €60.71 can be compared against companies in the Other Energy Sources 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 an Other Energy Sources company?
A good Cyclically Adjusted Revenue per Share depends on the Other Energy Sources 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 Core Natural Resources and its competitors. Core Natural Resources's current Cyclically Adjusted Revenue per Share is €60.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Core Natural Resources stock overvalued right now?
Based on GuruFocus' analysis, Core Natural Resources (FRA:C9X0) is currently considered Modestly Undervalued. The stock's GF Value™ is €88.87, compared to a current price of €69.70 — trading 21.6% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €60.71. Core Natural Resources' overall GF Score™ is 87/100 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 Core Natural Resources (FRA:C9X0), the current Cyclically Adjusted Revenue per Share is €60.71 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 Core Natural Resources (FRA:C9X0) Overvalued in 2026?

Based on GuruFocus' analysis, Core Natural Resources stock appears to be undervalued. The current stock price of €69.70 is trading 21.6% below its estimated GF Value™ of €88.87. GuruFocus considers Core Natural Resources to be Modestly Undervalued.

Key valuation signals for FRA:C9X0:

  • Cyclically Adjusted Revenue per Share: €60.71
  • GF Value™: €88.87 vs. price of €69.70 (21.6% below fair value)
  • GF Score™: 87/100 with 4 warning signs

No single metric tells the full story. See the FRA:C9X0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Core Natural Resources Business Description

Other Exchanges CNR:USAC9X0:Germany
Address 275 Technology Drive, Suite 101, Canonsburg, PA, USA, 15317-9565
Core Natural Resources Inc is a producer and exporter of metallurgical and thermal coal. The company owns and operates longwall mining operations in the nation and export terminals on the Eastern seaboard. The activities of the company involves mining of thermal coal, power generation, and other related activities.
87GF Score

Get the complete analysis for FRA:C9X0

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

€69.70
Price
€88.87
GF Value