KGHM Polska Miedz (FRA:KGHA) Cyclically Adjusted Revenue per Share: €43.05 (As of Mar. 2026)

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FRA:KGHA KGHM Polska Miedz SA FRA:KGHA
73 GF Score
Price €68.37
GF Value €38.09
Valuation Significantly Overvalued
! 6 Warning Signs
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What is KGHM Polska Miedz Cyclically Adjusted Revenue per Share?

KGHM Polska Miedz FRA:KGHA -1.30% 73 Cyclically Adjusted Revenue per Share is €43.05 as of Mar. 2026. GuruFocus rates FRA:KGHA with a GF Score™ of 73/100 and a GF Value™ of €38.09 (Significantly Overvalued). The stock has 6 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.

KGHM Polska Miedz's adjusted revenue per share for the three months ended in Mar. 2026 was €13.558. 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 €43.05 for the trailing ten years ended in Mar. 2026.

During the past 12 months, KGHM Polska Miedz's average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.40% 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 KGHM Polska Miedz was 10.50% per year. The lowest was 4.30% per year. And the median was 8.30% per year.

As of today (2026-07-29), KGHM Polska Miedz's current stock price is €68.37. KGHM Polska Miedz's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €43.05. KGHM Polska Miedz's Cyclically Adjusted PS Ratio of today is 1.59.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of KGHM Polska Miedz was 1.98. The lowest was 0.46. And the median was 0.87.


KGHM Polska Miedz  (FRA:KGHA) 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.

KGHM Polska Miedz's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=68.37/43.05
=1.59

* 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 KGHM Polska Miedz was 1.98. The lowest was 0.46. And the median was 0.87.


Be Aware

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


KGHM Polska Miedz Cyclically Adjusted Revenue per Share Related Terms


KGHM Polska Miedz Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for KGHM Polska Miedz'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.

KGHM Polska Miedz Cyclically Adjusted Revenue per Share Chart

KGHM Polska Miedz 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 28.51 32.50 37.28 40.53 41.32

KGHM Polska Miedz 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 41.31 41.42 41.27 41.32 43.05

FRA:KGHA vs SCCO, FCX: Cyclically Adjusted Revenue per Share Comparison

For the Copper subindustry, KGHM Polska Miedz'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.


KGHM Polska Miedz Cyclically Adjusted PS Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, KGHM Polska Miedz's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:KGHA
73GF Score
KGHM Polska Miedz SA FRA:KGHA
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KGHM Polska Miedz 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, KGHM Polska Miedz'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)
=13.558/163.0700*163.0700
=13.558

Current CPI (Mar. 2026) = 163.0700.

KGHM Polska Miedz Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.228 99.552 8.564
201609 5.350 99.064 8.807
201612 6.869 100.366 11.160
201703 5.608 101.018 9.053
201706 5.484 101.180 8.838
201709 5.452 101.343 8.773
201712 6.705 102.564 10.660
201803 4.872 102.564 7.746
201806 5.889 103.378 9.289
201809 6.126 103.378 9.663
201812 6.554 103.785 10.298
201903 6.267 104.274 9.801
201906 6.555 105.983 10.086
201909 6.442 105.983 9.912
201912 6.685 107.123 10.176
202003 6.051 109.076 9.046
202006 6.451 109.402 9.616
202009 6.432 109.320 9.594
202012 8.053 109.565 11.986
202103 7.703 112.658 11.150
202106 8.863 113.960 12.682
202109 8.255 115.588 11.646
202112 9.214 119.088 12.617
202203 10.270 125.031 13.395
202206 10.201 131.705 12.630
202209 8.873 135.531 10.676
202212 9.308 139.113 10.911
202303 10.946 145.950 12.230
202306 9.332 147.009 10.352
202309 9.011 146.113 10.057
202312 8.929 147.741 9.855
202403 9.496 149.044 10.390
202406 10.466 150.997 11.303
202409 9.888 153.439 10.509
202412 10.485 154.660 11.055
202503 10.212 157.021 10.605
202506 9.837 157.509 10.184
202509 9.496 158.000 9.801
202512 11.985 158.320 12.345
202603 13.558 163.070 13.558

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 €43.05 mean?
KGHM Polska Miedz (FRA:KGHA) has a Cyclically Adjusted Revenue per Share of €43.05 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 KGHM Polska Miedz and its competitors.
Is KGHM Polska Miedz's Cyclically Adjusted Revenue per Share too high?
KGHM Polska Miedz's current Cyclically Adjusted Revenue per Share is €43.05. Overall, KGHM Polska Miedz has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KGHM Polska Miedz's Cyclically Adjusted Revenue per Share compare to SCCO and FCX?
KGHM Polska Miedz's Cyclically Adjusted Revenue per Share of €43.05 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Cyclically Adjusted Revenue per Share depends on the Metals & Mining 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 KGHM Polska Miedz and its competitors. KGHM Polska Miedz's current Cyclically Adjusted Revenue per Share is €43.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KGHM Polska Miedz stock overvalued right now?
Based on GuruFocus' analysis, KGHM Polska Miedz (FRA:KGHA) is currently considered Significantly Overvalued. The stock's GF Value™ is €38.09, compared to a current price of €68.37 — trading 79.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €43.05. KGHM Polska Miedz's overall GF Score™ is 73/100 with 6 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 KGHM Polska Miedz (FRA:KGHA), the current Cyclically Adjusted Revenue per Share is €43.05 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 KGHM Polska Miedz (FRA:KGHA) Overvalued in 2026?

Based on GuruFocus' analysis, KGHM Polska Miedz stock appears to be overvalued. The current stock price of €68.37 is trading 79.5% above its estimated GF Value™ of €38.09. GuruFocus considers KGHM Polska Miedz to be Significantly Overvalued.

Key valuation signals for FRA:KGHA:

  • Cyclically Adjusted Revenue per Share: €43.05
  • GF Value™: €38.09 vs. price of €68.37 (79.5% above fair value)
  • GF Score™: 73/100 with 6 warning signs

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


KGHM Polska Miedz Business Description

Address 48 M.Sklodowskiej-Curie Street, Lubin, POL, 59-301
KGHM Polska Miedz SA engages in copper ore mining and copper production predominantly in South-Western Poland. The company also produces precious metals such as silver, which is typically used for coins, jewelry, photography products, and industrial purposes. The bulk of group revenue is generated through copper sales, and the remainder is through sales of silver, while a minor portion is generated through the production of gold, salt, and casting of light metals. The materials are sold domestically, and exported to Germany, China, the U.S., the United Kingdom, and the Czech Republic, among many other European nations.
73GF Score

Get the complete analysis for FRA:KGHA

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

€68.37
Price
€38.09
GF Value