Costamare (FRA:LCM) Cyclically Adjusted Revenue per Share: €6.27 (As of Jun. 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:LCM Costamare Inc FRA:LCM
75 GF Score
Price €13.10
GF Value €7.92
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Costamare Cyclically Adjusted Revenue per Share?

Costamare FRA:LCM -0.76% 75 Cyclically Adjusted Revenue per Share is €6.27 as of Jun. 2026. GuruFocus rates FRA:LCM with a GF Score™ of 75/100 and a GF Value™ of €7.92 (Significantly Overvalued). The stock has 4 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.

Costamare's adjusted revenue per share for the three months ended in Jun. 2026 was €1.504. 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 €6.27 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Costamare's average Cyclically Adjusted Revenue Growth Rate was 1.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% 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 Costamare was 5.70% per year. The lowest was 2.30% per year. And the median was 4.05% per year.

As of today (2026-09-02), Costamare's current stock price is €13.10. Costamare's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €6.27. Costamare's Cyclically Adjusted PS Ratio of today is 2.09.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Costamare was 2.50. The lowest was 0.45. And the median was 1.25.


Costamare  (FRA:LCM) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=13.10/6.27
=2.09

* 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 Costamare was 2.50. The lowest was 0.45. And the median was 1.25.


Be Aware

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


Costamare Cyclically Adjusted Revenue per Share Related Terms


Costamare Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Costamare'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.

Costamare Cyclically Adjusted Revenue per Share Chart

Costamare 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 5.16 6.13 6.03 6.68 5.94

Costamare 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 6.05 6.16 5.94 5.96 6.27

FRA:LCM vs SFL, GSL, CCEC: Cyclically Adjusted Revenue per Share Comparison

For the Marine Shipping subindustry, Costamare'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.


Costamare Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Costamare's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:LCM
75GF Score
Costamare Inc FRA:LCM
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.504/333.9520*333.9520
=1.504

Current CPI (Jun. 2026) = 333.9520.

Costamare Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.378 241.428 1.906
201612 1.281 241.432 1.772
201703 1.084 243.801 1.485
201706 0.967 244.955 1.318
201709 0.798 246.819 1.080
201712 0.789 246.524 1.069
201803 0.691 249.554 0.925
201806 0.706 251.989 0.936
201809 0.702 252.439 0.929
201812 0.833 251.233 1.107
201903 0.885 254.202 1.163
201906 0.885 256.143 1.154
201909 0.959 256.759 1.247
201912 0.943 256.974 1.225
202003 0.919 258.115 1.189
202006 0.826 257.797 1.070
202009 0.757 260.280 0.971
202012 0.804 260.474 1.031
202103 0.870 264.877 1.097
202106 1.127 271.696 1.385
202109 1.491 274.310 1.815
202112 2.031 278.802 2.433
202203 1.960 287.504 2.277
202206 2.214 296.311 2.495
202209 2.407 296.808 2.708
202212 2.054 296.797 2.311
202303 1.896 301.836 2.098
202306 2.766 305.109 3.027
202309 3.176 307.789 3.446
202312 -1.307 306.746 -1.423
202403 3.687 312.332 3.942
202406 1.699 314.175 1.806
202409 1.701 315.301 1.802
202412 1.786 315.605 1.890
202503 1.718 319.799 1.794
202506 1.573 322.561 1.629
202509 1.595 324.800 1.640
202512 1.503 324.054 1.549
202603 1.514 330.213 1.531
202606 1.504 333.952 1.504

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 €6.27 mean?
Costamare (FRA:LCM) has a Cyclically Adjusted Revenue per Share of €6.27 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Costamare and its competitors.
Is Costamare's Cyclically Adjusted Revenue per Share too high?
Costamare's current Cyclically Adjusted Revenue per Share is €6.27. Overall, Costamare has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Costamare's Cyclically Adjusted Revenue per Share compare to SFL and GSL?
Costamare's Cyclically Adjusted Revenue per Share of €6.27 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted Revenue per Share depends on the Transportation 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 Costamare and its competitors. Costamare's current Cyclically Adjusted Revenue per Share is €6.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Costamare stock overvalued right now?
Based on GuruFocus' analysis, Costamare (FRA:LCM) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.92, compared to a current price of €13.10 — trading 65.4% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €6.27. Costamare's overall GF Score™ is 75/100 with 4 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 Costamare (FRA:LCM), the current Cyclically Adjusted Revenue per Share is €6.27 as of Jun. 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 Costamare (FRA:LCM) Overvalued in 2026?

Based on GuruFocus' analysis, Costamare stock appears to be overvalued. The current stock price of €13.10 is trading 65.4% above its estimated GF Value™ of €7.92. GuruFocus considers Costamare to be Significantly Overvalued.

Key valuation signals for FRA:LCM:

  • Cyclically Adjusted Revenue per Share: €6.27
  • GF Value™: €7.92 vs. price of €13.10 (65.4% above fair value)
  • GF Score™: 75/100 with 4 warning signs

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


Costamare Business Description

Address 7 Rue du Gabian, Monaco, MCO, MC 98000
Costamare Inc is an international owner and operator of containerships and dry bulk vessels. The company charter its containerships to the liner companies, providing transportation of containerized cargoes. It charter its dry bulk vessels to a wide variety of customers, providing transportation for dry bulk cargoes. The company's fleet of vessels includes Cosco Guangzhou, Cosco Ningbo, Cosco Yantian, Vantage, Valor, Valiant, Maersk Kobe, and others. The company provides services to ocean carriers that demand a high standard of safety and reliability. It generates a majority of its revenue from the United States of America.
75GF Score

Get the complete analysis for FRA:LCM

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

€13.10
Price
€7.92
GF Value