Spok Holdings (FRA:FQV) Cyclically Adjusted Revenue per Share: €8.17 (As of Mar. 2026)

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FRA:FQV Spok Holdings Inc FRA:FQV
62 GF Score
Price €9.15
GF Value €12.62
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Spok Holdings Cyclically Adjusted Revenue per Share?

Spok Holdings FRA:FQV -1.61% 62 Cyclically Adjusted Revenue per Share is €8.17 as of Mar. 2026. GuruFocus rates FRA:FQV with a GF Score™ of 62/100 and a GF Value™ of €12.62 (Modestly Undervalued). The stock has 3 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.

Spok Holdings's adjusted revenue per share for the three months ended in Mar. 2026 was €1.359. 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 €8.17 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Spok Holdings's average Cyclically Adjusted Revenue Growth Rate was -2.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -2.70% 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 Spok Holdings was -0.10% per year. The lowest was -10.60% per year. And the median was -3.80% per year.

As of today (2026-07-23), Spok Holdings's current stock price is €9.15. Spok Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €8.17. Spok Holdings's Cyclically Adjusted PS Ratio of today is 1.12.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Spok Holdings was 1.98. The lowest was 0.61. And the median was 1.36.


Spok Holdings  (FRA:FQV) 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.

Spok Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=9.15/8.17
=1.12

* 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 Spok Holdings was 1.98. The lowest was 0.61. And the median was 1.36.


Be Aware

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


Spok Holdings Cyclically Adjusted Revenue per Share Related Terms


Spok Holdings Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Spok Holdings'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.

Spok Holdings Cyclically Adjusted Revenue per Share Chart

Spok Holdings 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 8.35 9.20 8.68 8.99 7.57

Spok Holdings 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 8.50 7.81 7.92 7.57 8.17

FRA:FQV vs LFMD, AMWL, SY: Cyclically Adjusted Revenue per Share Comparison

For the Health Information Services subindustry, Spok Holdings'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.


Spok Holdings Cyclically Adjusted PS Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Spok Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:FQV
62GF Score
Spok Holdings Inc FRA:FQV
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spok Holdings 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, Spok Holdings'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)
=1.359/330.2130*330.2130
=1.359

Current CPI (Mar. 2026) = 330.2130.

Spok Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.931 241.018 2.646
201609 1.967 241.428 2.690
201612 2.040 241.432 2.790
201703 1.882 243.801 2.549
201706 1.850 244.955 2.494
201709 1.830 246.819 2.448
201712 1.851 246.524 2.479
201803 1.735 249.554 2.296
201806 1.761 251.989 2.308
201809 1.871 252.439 2.447
201812 1.956 251.233 2.571
201903 1.909 254.202 2.480
201906 1.820 256.143 2.346
201909 1.877 256.759 2.414
201912 1.888 256.974 2.426
202003 1.779 258.115 2.276
202006 1.660 257.797 2.126
202009 1.666 260.280 2.114
202012 1.614 260.474 2.046
202103 1.571 264.877 1.959
202106 1.529 271.696 1.858
202109 1.566 274.310 1.885
202112 1.569 278.802 1.858
202203 1.567 287.504 1.800
202206 1.610 296.311 1.794
202209 1.713 296.808 1.906
202212 1.496 296.797 1.664
202303 1.535 301.836 1.679
202306 1.662 305.109 1.799
202309 1.635 307.789 1.754
202312 1.523 306.746 1.640
202403 1.571 312.332 1.661
202406 1.542 314.175 1.621
202409 1.531 315.301 1.603
202412 1.567 315.605 1.640
202503 1.625 319.799 1.678
202506 1.491 322.561 1.526
202509 1.372 324.800 1.395
202512 1.367 324.054 1.393
202603 1.359 330.213 1.359

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 €8.17 mean?
Spok Holdings (FRA:FQV) has a Cyclically Adjusted Revenue per Share of €8.17 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 Spok Holdings and its competitors.
Is Spok Holdings' Cyclically Adjusted Revenue per Share too high?
Spok Holdings' current Cyclically Adjusted Revenue per Share is €8.17. Overall, Spok Holdings has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spok Holdings' Cyclically Adjusted Revenue per Share compare to LFMD and AMWL?
Spok Holdings' Cyclically Adjusted Revenue per Share of €8.17 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Cyclically Adjusted Revenue per Share depends on the Healthcare Providers & Services 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 Spok Holdings and its competitors. Spok Holdings's current Cyclically Adjusted Revenue per Share is €8.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spok Holdings stock overvalued right now?
Based on GuruFocus' analysis, Spok Holdings (FRA:FQV) is currently considered Modestly Undervalued. The stock's GF Value™ is €12.62, compared to a current price of €9.15 — trading 27.5% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €8.17. Spok Holdings' overall GF Score™ is 62/100 with 3 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 Spok Holdings (FRA:FQV), the current Cyclically Adjusted Revenue per Share is €8.17 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 Spok Holdings (FRA:FQV) Overvalued in 2026?

Based on GuruFocus' analysis, Spok Holdings stock appears to be undervalued. The current stock price of €9.15 is trading 27.5% below its estimated GF Value™ of €12.62. GuruFocus considers Spok Holdings to be Modestly Undervalued.

Key valuation signals for FRA:FQV:

  • Cyclically Adjusted Revenue per Share: €8.17
  • GF Value™: €12.62 vs. price of €9.15 (27.5% below fair value)
  • GF Score™: 62/100 with 3 warning signs

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


Spok Holdings Business Description

Other Exchanges SPOK:USA
Address 3000 Technology Drive, Suite 400, Plano, TX, USA, 75074
Spok Holdings Inc is a provider of healthcare communications. The company delivers clinical communication and collaboration solutions to help protect the health, well-being, and safety of people in the United States and abroad, on a limited basis, in Europe, Canada, Australia, Asia, and the Middle East. The company develops, sells, and supports enterprise-wide systems principally for healthcare and other organizations needing to automate, centralize, and standardize their approach to clinical and critical communications. The company offers its services and products to three market segments: healthcare, government, and large enterprise, with a greater emphasis on the healthcare market segment. Geographically, the company generates the majority of its revenue from the United States.
62GF Score

Get the complete analysis for FRA:FQV

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

€9.15
Price
€12.62
GF Value