Dollarama (FRA:DR3) Cyclically Adjusted Revenue per Share: €10.95 (As of Apr. 2026)

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FRA:DR3 Dollarama Inc FRA:DR3
94 GF Score
Price €118.15
GF Value €112.85
Valuation Fairly Valued
View Full Analysis

What is Dollarama Cyclically Adjusted Revenue per Share?

Dollarama FRA:DR3 +1.11% 94 Cyclically Adjusted Revenue per Share is €10.95 as of Apr. 2026. GuruFocus rates FRA:DR3 with a GF Score™ of 94/100 and a GF Value™ of €112.85 (Fairly Valued).

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.

Dollarama's adjusted revenue per share for the three months ended in Apr. 2026 was €4.197. 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 €10.95 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Dollarama's average Cyclically Adjusted Revenue Growth Rate was 14.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 15.70% 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 Dollarama was 17.10% per year. The lowest was 14.20% per year. And the median was 15.70% per year.

As of today (2026-08-05), Dollarama's current stock price is €118.15. Dollarama's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was €10.95. Dollarama's Cyclically Adjusted PS Ratio of today is 10.79.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Dollarama was 12.34. The lowest was 4.94. And the median was 7.07.


Dollarama  (FRA:DR3) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=118.15/10.95
=10.79

* 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 Dollarama was 12.34. The lowest was 4.94. And the median was 7.07.


Be Aware

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


Dollarama Cyclically Adjusted Revenue per Share Related Terms


Dollarama Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Dollarama'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.

Dollarama Cyclically Adjusted Revenue per Share Chart

Dollarama Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.70 7.92 9.21 10.19 10.77

Dollarama Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 10.05 10.16 10.26 10.77 10.95

FRA:DR3 vs WMT, COST, TGT: Cyclically Adjusted Revenue per Share Comparison

For the Discount Stores subindustry, Dollarama'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.


Dollarama Cyclically Adjusted PS Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Dollarama's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:DR3
94GF Score
Dollarama Inc FRA:DR3
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dollarama 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, Dollarama's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=4.197/132.7364*132.7364
=4.197

Current CPI (Apr. 2026) = 132.7364.

Dollarama Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 1.396 101.844 1.819
201610 1.412 102.002 1.837
201701 1.726 102.318 2.239
201704 1.410 103.029 1.817
201707 1.613 103.029 2.078
201710 1.606 103.424 2.061
201801 1.831 104.056 2.336
201804 1.456 105.320 1.835
201807 1.707 106.110 2.135
201810 1.758 105.952 2.202
201901 2.177 105.557 2.738
201904 1.733 107.453 2.141
201907 2.022 108.243 2.480
201910 2.044 107.927 2.514
202001 2.332 108.085 2.864
202004 1.773 107.216 2.195
202007 2.091 108.401 2.560
202010 2.188 108.638 2.673
202101 2.280 109.192 2.772
202104 2.055 110.851 2.461
202107 2.280 112.431 2.692
202110 2.571 113.695 3.002
202201 2.878 114.801 3.328
202204 2.672 118.357 2.997
202207 3.165 120.964 3.473
202210 3.301 121.517 3.606
202301 3.540 121.596 3.864
202304 3.060 123.571 3.287
202307 3.493 124.914 3.712
202310 3.599 125.310 3.812
202401 3.982 125.072 4.226
202404 3.426 126.890 3.584
202407 3.738 128.075 3.874
202410 3.693 127.838 3.835
202501 4.510 127.443 4.697
202504 3.481 129.102 3.579
202507 3.878 130.290 3.951
202510 4.248 130.603 4.317
202601 4.730 130.366 4.816
202604 4.197 132.736 4.197

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 €10.95 mean?
Dollarama (FRA:DR3) has a Cyclically Adjusted Revenue per Share of €10.95 as of Apr. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Dollarama and its competitors.
Is Dollarama's Cyclically Adjusted Revenue per Share too high?
Dollarama's current Cyclically Adjusted Revenue per Share is €10.95. Overall, Dollarama has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dollarama's Cyclically Adjusted Revenue per Share compare to WMT and COST?
Dollarama's Cyclically Adjusted Revenue per Share of €10.95 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Cyclically Adjusted Revenue per Share depends on the Retail - Defensive 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 Dollarama and its competitors. Dollarama's current Cyclically Adjusted Revenue per Share is €10.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dollarama stock overvalued right now?
Based on GuruFocus' analysis, Dollarama (FRA:DR3) is currently considered Fairly Valued. The stock's GF Value™ is €112.85, compared to a current price of €118.15 — trading 4.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €10.95. Dollarama's overall GF Score™ is 94/100. 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 Dollarama (FRA:DR3), the current Cyclically Adjusted Revenue per Share is €10.95 as of Apr. 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 Dollarama (FRA:DR3) Overvalued in 2026?

Based on GuruFocus' analysis, Dollarama stock appears to be overvalued. The current stock price of €118.15 is trading 4.7% above its estimated GF Value™ of €112.85. GuruFocus considers Dollarama to be Fairly Valued.

Key valuation signals for FRA:DR3:

  • Cyclically Adjusted Revenue per Share: €10.95
  • GF Value™: €112.85 vs. price of €118.15 (4.7% above fair value)
  • GF Score™: 94/100

No single metric tells the full story. See the FRA:DR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dollarama Business Description

Address 5805 Royalmount Avenue, Montreal, QC, CAN, H4P 0A1
Dollarama is Canada's largest dollar store chain that sells a broad range of everyday consumables and household items at low fixed price points, currently capped at CAD 5. General merchandise and consumables make up 90% of total sales, and the rest is from festivity-related seasonal items. The retailer operates close to 1,700 stores across Canada, mostly in convenient locations in metropolitan areas, midsize cities, and small towns. It also holds a 60% stake in South American value retailer Dollarcity, which operates more than 600 stores across Colombia, Guatemala, El Salvador, Peru, and Mexico. In 2025, the firm closed its CAD 234 million acquisition of Australian retail chain The Reject Shop, which operates about 400 stores.
94GF Score

Get the complete analysis for FRA:DR3

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

€118.15
Price
€112.85
GF Value