Gap (FRA:GAP) Cyclically Adjusted Revenue per Share: €41.01 (As of Apr. 2026)

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FRA:GAP Gap Inc FRA:GAP
73 GF Score
Price €17.23
GF Value €18.82
Valuation Fairly Valued
! 3 Warning Signs
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What is Gap Cyclically Adjusted Revenue per Share?

Gap FRA:GAP +2.59% 73 Cyclically Adjusted Revenue per Share is €41.01 as of Apr. 2026. GuruFocus rates FRA:GAP with a GF Score™ of 73/100 and a GF Value™ of €18.82 (Fairly Valued). 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.

Gap's adjusted revenue per share for the three months ended in Apr. 2026 was €7.910. 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 €41.01 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Gap's average Cyclically Adjusted Revenue Growth Rate was 1.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.70% 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 Gap was 24.80% per year. The lowest was 0.80% per year. And the median was 7.40% per year.

As of today (2026-07-15), Gap's current stock price is €17.225. Gap's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was €41.01. Gap's Cyclically Adjusted PS Ratio of today is 0.42.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Gap was 1.06. The lowest was 0.15. And the median was 0.49.


Gap  (FRA:GAP) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=17.225/41.01
=0.42

* 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 Gap was 1.06. The lowest was 0.15. And the median was 0.49.


Be Aware

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


Gap Cyclically Adjusted Revenue per Share Related Terms


Gap Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Gap'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.

Gap Cyclically Adjusted Revenue per Share Chart

Gap 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 39.13 41.54 45.27 47.30 39.16

Gap 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 41.88 42.41 42.51 39.16 41.01

FRA:GAP vs VSXY, URBN, BOOT: Cyclically Adjusted Revenue per Share Comparison

For the Apparel Retail subindustry, Gap'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.


Gap Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

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

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


FRA:GAP
73GF Score
Gap Inc FRA:GAP
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gap 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, Gap'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)
=7.91/333.0200*333.0200
=7.910

Current CPI (Apr. 2026) = 333.0200.

Gap Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 8.735 240.628 12.089
201610 8.621 241.729 11.877
201701 10.356 242.839 14.202
201704 8.024 244.524 10.928
201707 8.318 244.786 11.316
201710 8.311 246.663 11.221
201801 9.969 247.867 13.394
201804 7.845 250.546 10.427
201807 8.966 252.006 11.848
201810 9.192 252.885 12.105
201901 10.601 251.712 14.025
201904 8.657 255.548 11.281
201907 9.426 256.571 12.235
201910 9.612 257.346 12.438
202001 11.230 257.971 14.497
202004 5.211 256.389 6.768
202007 7.618 259.101 9.791
202010 8.934 260.388 11.426
202101 9.634 261.582 12.265
202104 8.666 267.054 10.807
202107 9.229 273.003 11.258
202110 9.040 276.589 10.884
202201 10.610 281.148 12.568
202204 8.702 289.109 10.024
202207 10.331 296.276 11.612
202210 11.201 298.012 12.517
202301 10.729 299.170 11.943
202304 8.141 303.363 8.937
202307 8.645 305.691 9.418
202310 9.513 307.671 10.297
202401 10.248 308.417 11.066
202404 8.244 313.548 8.756
202407 8.955 314.540 9.481
202410 9.178 315.664 9.683
202501 10.356 317.671 10.856
202504 8.068 320.795 8.375
202507 8.423 323.048 8.683
202510 8.911 0.000
202601 9.243 325.252 9.464
202604 7.910 333.020 7.910

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 €41.01 mean?
Gap (FRA:GAP) has a Cyclically Adjusted Revenue per Share of €41.01 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 Gap and its competitors.
Is Gap's Cyclically Adjusted Revenue per Share too high?
Gap's current Cyclically Adjusted Revenue per Share is €41.01. Overall, Gap has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gap's Cyclically Adjusted Revenue per Share compare to VSXY and URBN?
Gap's Cyclically Adjusted Revenue per Share of €41.01 can be compared against companies in the Retail - Cyclical 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 - Cyclical company?
A good Cyclically Adjusted Revenue per Share depends on the Retail - Cyclical 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 Gap and its competitors. Gap's current Cyclically Adjusted Revenue per Share is €41.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gap stock overvalued right now?
Based on GuruFocus' analysis, Gap (FRA:GAP) is currently considered Fairly Valued. The stock's GF Value™ is €18.82, compared to a current price of €17.23 — trading 8.5% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €41.01. Gap's overall GF Score™ is 73/100 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 Gap (FRA:GAP), the current Cyclically Adjusted Revenue per Share is €41.01 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 Gap (FRA:GAP) Overvalued in 2026?

Based on GuruFocus' analysis, Gap stock appears to be undervalued. The current stock price of €17.23 is trading 8.5% below its estimated GF Value™ of €18.82. GuruFocus considers Gap to be Fairly Valued.

Key valuation signals for FRA:GAP:

  • Cyclically Adjusted Revenue per Share: €41.01
  • GF Value™: €18.82 vs. price of €17.23 (8.5% below fair value)
  • GF Score™: 73/100 with 3 warning signs

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


Gap Business Description

Address Two Folsom Street, San Francisco, CA, USA, 94105
Gap retails apparel, accessories, footwear, and personal-care products under the Gap, Old Navy, Banana Republic, and Athleta brands. Old Navy generates more than half of Gap's sales. The firm also operates e-commerce sites, outlet stores, and specialty stores under various Gap names. Gap operates approximately 2,500 stores in North America, Europe, and Asia and franchises about 1,000 more in Asia, Europe, Latin America, and other regions. Gap was founded in 1969 and is based in San Francisco.
73GF Score

Get the complete analysis for FRA:GAP

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

€17.23
Price
€18.82
GF Value