Calix (FRA:CXA) Cyclically Adjusted Revenue per Share: €11.23 (As of Jun. 2026)

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FRA:CXA Calix Inc FRA:CXA
72 GF Score
Price €32.00
GF Value €41.32
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Calix Cyclically Adjusted Revenue per Share?

Calix FRA:CXA +1.27% 72 Cyclically Adjusted Revenue per Share is €11.23 as of Jun. 2026. GuruFocus rates FRA:CXA with a GF Score™ of 72/100 and a GF Value™ of €41.32 (Modestly Undervalued). The stock has 2 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.

Calix's adjusted revenue per share for the three months ended in Jun. 2026 was €3.887. 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 €11.23 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Calix's average Cyclically Adjusted Revenue Growth Rate was 7.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.50% 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 Calix was 8.90% per year. The lowest was -15.10% per year. And the median was 6.20% per year.

As of today (2026-07-29), Calix's current stock price is €32.00. Calix's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €11.23. Calix's Cyclically Adjusted PS Ratio of today is 2.85.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Calix was 8.35. The lowest was 0.41. And the median was 3.35.


Calix  (FRA:CXA) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=32.00/11.23
=2.85

* 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 Calix was 8.35. The lowest was 0.41. And the median was 3.35.


Be Aware

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


Calix Cyclically Adjusted Revenue per Share Related Terms


Calix Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Calix'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.

Calix Cyclically Adjusted Revenue per Share Chart

Calix 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 8.52 9.81 10.33 11.40 10.79

Calix 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 10.21 10.69 10.79 11.52 11.23

FRA:CXA vs RAMP, WIX, PAYO: Cyclically Adjusted Revenue per Share Comparison

For the Software - Infrastructure subindustry, Calix'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.


Calix Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Calix's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:CXA
72GF Score
Calix Inc FRA:CXA
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Calix 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, Calix'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)
=3.887/333.9520*333.9520
=3.887

Current CPI (Jun. 2026) = 333.9520.

Calix Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.190 241.428 3.029
201612 2.540 241.432 3.513
201703 2.219 243.801 3.040
201706 2.244 244.955 3.059
201709 2.147 246.819 2.905
201712 2.297 246.524 3.112
201803 1.562 249.554 2.090
201806 1.829 251.989 2.424
201809 1.826 252.439 2.416
201812 1.900 251.233 2.526
201903 1.463 254.202 1.922
201906 1.625 256.143 2.119
201909 1.874 256.759 2.437
201912 1.938 256.974 2.519
202003 1.628 258.115 2.106
202006 1.846 257.797 2.391
202009 2.014 260.280 2.584
202012 2.086 260.474 2.674
202103 2.031 264.877 2.561
202106 2.070 271.696 2.544
202109 2.156 274.310 2.625
202112 2.269 278.802 2.718
202203 2.455 287.504 2.852
202206 2.804 296.311 3.160
202209 3.451 296.808 3.883
202212 3.303 296.797 3.716
202303 3.350 301.836 3.706
202306 3.459 305.109 3.786
202309 3.553 307.789 3.855
202312 3.552 306.746 3.867
202403 3.056 312.332 3.268
202406 2.803 314.175 2.979
202409 2.740 315.301 2.902
202412 2.964 315.605 3.136
202503 3.085 319.799 3.222
202506 3.250 322.561 3.365
202509 3.241 324.800 3.332
202512 3.310 324.054 3.411
202603 3.532 330.213 3.572
202606 3.887 333.952 3.887

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 €11.23 mean?
Calix (FRA:CXA) has a Cyclically Adjusted Revenue per Share of €11.23 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 Calix and its competitors.
Is Calix's Cyclically Adjusted Revenue per Share too high?
Calix's current Cyclically Adjusted Revenue per Share is €11.23. Overall, Calix has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Calix's Cyclically Adjusted Revenue per Share compare to RAMP and WIX?
Calix's Cyclically Adjusted Revenue per Share of €11.23 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Revenue per Share depends on the Software 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 Calix and its competitors. Calix's current Cyclically Adjusted Revenue per Share is €11.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calix stock overvalued right now?
Based on GuruFocus' analysis, Calix (FRA:CXA) is currently considered Modestly Undervalued. The stock's GF Value™ is €41.32, compared to a current price of €32.00 — trading 22.6% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €11.23. Calix's overall GF Score™ is 72/100 with 2 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 Calix (FRA:CXA), the current Cyclically Adjusted Revenue per Share is €11.23 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 Calix (FRA:CXA) Overvalued in 2026?

Based on GuruFocus' analysis, Calix stock appears to be undervalued. The current stock price of €32.00 is trading 22.6% below its estimated GF Value™ of €41.32. GuruFocus considers Calix to be Modestly Undervalued.

Key valuation signals for FRA:CXA:

  • Cyclically Adjusted Revenue per Share: €11.23
  • GF Value™: €41.32 vs. price of €32.00 (22.6% below fair value)
  • GF Score™: 72/100 with 2 warning signs

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


Calix Business Description

Other Exchanges CALX:USACXA:Germany
Address 3155 Olsen Drive, Suite 450, San Jose, CA, USA, 95117
Calix Inc develops, markets and sells its appliance-based platform, cloud and managed services that enable service providers of all types and sizes to innovate and transform their businesses. The company's customers utilize the real-time data and insights from Calix platforms to simplify their business and deliver experiences that excite their subscribers. The resulting growth in subscriber acquisition, loyalty and revenue creates more value for their businesses and communities. The Company's revenue is principally derived in the United States and it also has its presence in Europe, Americas excluding U.S., and Rest of World.
72GF Score

Get the complete analysis for FRA:CXA

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

€32.00
Price
€41.32
GF Value