Digital Realty Trust (FRA:FQI) Cyclically Adjusted Revenue per Share: €4.01 (As of Mar. 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:FQI Digital Realty Trust Inc FRA:FQI
86 GF Score
Price €175.75
GF Value €148.10
Valuation Modestly Overvalued
! 10 Warning Signs
View Full Analysis

What is Digital Realty Trust Cyclically Adjusted Revenue per Share?

Digital Realty Trust FRA:FQI +13.31% 86 Cyclically Adjusted Revenue per Share is €4.01 as of Mar. 2026. GuruFocus rates FRA:FQI with a GF Score™ of 86/100 and a GF Value™ of €148.10 (Modestly Overvalued). The stock has 10 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.

Digital Realty Trust's adjusted revenue per share for the three months ended in Mar. 2026 was €1.001. 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 €4.01 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Digital Realty Trust's average Cyclically Adjusted Revenue Growth Rate was 3.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.20% 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 Digital Realty Trust was 7.50% per year. The lowest was 3.70% per year. And the median was 6.35% per year.

As of today (2026-07-27), Digital Realty Trust's current stock price is €175.75. Digital Realty Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €4.01. Digital Realty Trust's Cyclically Adjusted PS Ratio of today is 43.83.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Digital Realty Trust was 46.53. The lowest was 21.27. And the median was 36.72.


Digital Realty Trust  (FRA:FQI) 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.

Digital Realty Trust's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=175.75/4.01
=43.83

* 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 Digital Realty Trust was 46.53. The lowest was 21.27. And the median was 36.72.


Be Aware

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


Digital Realty Trust Cyclically Adjusted Revenue per Share Related Terms


Digital Realty Trust Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Digital Realty Trust'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.

Digital Realty Trust Cyclically Adjusted Revenue per Share Chart

Digital Realty Trust 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 3.36 3.88 3.95 4.28 3.92

Digital Realty Trust 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 3.87 3.92 3.92 4.01 0.00

FRA:FQI vs AMT, EQIX, IRM: Cyclically Adjusted Revenue per Share Comparison

For the REIT - Specialty subindustry, Digital Realty Trust'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.


Digital Realty Trust Cyclically Adjusted PS Ratio vs REITs Industry

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

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


FRA:FQI
86GF Score
Digital Realty Trust Inc FRA:FQI
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Digital Realty Trust 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, Digital Realty Trust'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)
=1.001/330.2130*330.2130
=1.001

Current CPI (Mar. 2026) = 330.2130.

Digital Realty Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.775 241.018 1.062
201609 0.815 241.428 1.115
201612 0.856 241.432 1.171
201703 0.802 243.801 1.086
201706 0.778 244.955 1.049
201709 0.752 246.819 1.006
201712 0.748 246.524 1.002
201803 0.731 249.554 0.967
201806 0.782 251.989 1.025
201809 0.797 252.439 1.043
201812 0.826 251.233 1.086
201903 0.864 254.202 1.122
201906 0.846 256.143 1.091
201909 0.873 256.759 1.123
201912 0.843 256.974 1.083
202003 0.830 258.115 1.062
202006 0.814 257.797 1.043
202009 0.805 260.280 1.021
202012 0.777 260.474 0.985
202103 0.812 264.877 1.012
202106 0.803 271.696 0.976
202109 0.848 274.310 1.021
202112 0.863 278.802 1.022
202203 0.898 287.504 1.031
202206 0.945 296.311 1.053
202209 1.015 296.808 1.129
202212 0.942 296.797 1.048
202303 1.031 301.836 1.128
202306 1.028 305.109 1.113
202309 1.055 307.789 1.132
202312 0.993 306.746 1.069
202403 0.954 312.332 1.009
202406 0.961 314.175 1.010
202409 0.959 315.301 1.004
202412 1.007 315.605 1.054
202503 0.944 319.799 0.975
202506 0.936 322.561 0.958
202509 0.962 324.800 0.978
202512 0.993 324.054 1.012
202603 1.001 330.213 1.001

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 €4.01 mean?
Digital Realty Trust (FRA:FQI) has a Cyclically Adjusted Revenue per Share of €4.01 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 Digital Realty Trust and its competitors.
Is Digital Realty Trust's Cyclically Adjusted Revenue per Share too high?
Digital Realty Trust's current Cyclically Adjusted Revenue per Share is €4.01. Overall, Digital Realty Trust has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Digital Realty Trust's Cyclically Adjusted Revenue per Share compare to AMT and EQIX?
Digital Realty Trust's Cyclically Adjusted Revenue per Share of €4.01 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 Digital Realty Trust and its competitors. Digital Realty Trust's current Cyclically Adjusted Revenue per Share is €4.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Digital Realty Trust (FRA:FQI) is currently considered Modestly Overvalued. The stock's GF Value™ is €148.10, compared to a current price of €175.75 — trading 18.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €4.01. Digital Realty Trust's overall GF Score™ is 86/100 with 10 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 Digital Realty Trust (FRA:FQI), the current Cyclically Adjusted Revenue per Share is €4.01 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 Digital Realty Trust (FRA:FQI) Overvalued in 2026?

Based on GuruFocus' analysis, Digital Realty Trust stock appears to be overvalued. The current stock price of €175.75 is trading 18.7% above its estimated GF Value™ of €148.10. GuruFocus considers Digital Realty Trust to be Modestly Overvalued.

Key valuation signals for FRA:FQI:

  • Cyclically Adjusted Revenue per Share: €4.01
  • GF Value™: €148.10 vs. price of €175.75 (18.7% above fair value)
  • GF Score™: 86/100 with 10 warning signs

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


Digital Realty Trust Business Description

Industry Real EstateREITs
Address 2323 Bryan Street, Suite 1800, Dallas, TX, USA, 75201
Digital Realty is one of the leading providers of cloud- and carrier-neutral data centers, offering colocation and interconnection services to hyperscalers and large businesses. Digital Realty operates 300 properties in 57 metropolitan areas across 31 countries, serving 5,000 customers. Renting physical space accounts for about 90% of Digital Realty's revenue. The firm enables hyperscalers and other clients to store servers, data, and networking equipment. The other 10% of revenue is generated primarily through interconnection services (8%) and other fee income (2%).
86GF Score

Get the complete analysis for FRA:FQI

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

€175.75
Price
€148.10
GF Value