The Middleby (FRA:MBY) Cyclically Adjusted Revenue per Share: €52.37 (As of Mar. 2026)

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FRA:MBY The Middleby Corp FRA:MBY
77 GF Score
Price €116.00
GF Value €95.00
Valuation Modestly Overvalued
! 5 Warning Signs
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What is The Middleby Cyclically Adjusted Revenue per Share?

The Middleby FRA:MBY +1.75% 77 Cyclically Adjusted Revenue per Share is €52.37 as of Mar. 2026. GuruFocus rates FRA:MBY with a GF Score™ of 77/100 and a GF Value™ of €95.00 (Modestly Overvalued). The stock has 5 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.

The Middleby's adjusted revenue per share for the three months ended in Mar. 2026 was €15.378. 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 €52.37 for the trailing ten years ended in Mar. 2026.

During the past 12 months, The Middleby's average Cyclically Adjusted Revenue Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 13.50% 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 The Middleby was 19.00% per year. The lowest was 0.90% per year. And the median was 15.20% per year.

As of today (2026-07-14), The Middleby's current stock price is €116.00. The Middleby's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €52.37. The Middleby's Cyclically Adjusted PS Ratio of today is 2.22.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of The Middleby was 5.46. The lowest was 1.12. And the median was 2.67.


The Middleby  (FRA:MBY) 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.

The Middleby's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=116.00/52.37
=2.22

* 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 The Middleby was 5.46. The lowest was 1.12. And the median was 2.67.


Be Aware

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


The Middleby Cyclically Adjusted Revenue per Share Related Terms


The Middleby Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for The Middleby'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.

The Middleby Cyclically Adjusted Revenue per Share Chart

The Middleby 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 38.19 47.31 50.48 56.65 52.55

The Middleby 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 55.04 52.10 52.43 52.55 52.37

FRA:MBY vs NPO, GTES, JBTM: Cyclically Adjusted Revenue per Share Comparison

For the Specialty Industrial Machinery subindustry, The Middleby'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.


The Middleby Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, The Middleby's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:MBY
77GF Score
The Middleby Corp FRA:MBY
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Middleby 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, The Middleby'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)
=15.378/330.2130*330.2130
=15.378

Current CPI (Mar. 2026) = 330.2130.

The Middleby Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 9.060 241.018 12.413
201609 8.973 241.428 12.273
201612 9.884 241.432 13.519
201703 8.683 243.801 11.761
201706 8.999 244.955 12.131
201709 8.758 246.819 11.717
201712 9.607 246.524 12.868
201803 8.534 249.554 11.292
201806 10.291 251.989 13.486
201809 11.000 252.439 14.389
201812 11.943 251.233 15.698
201903 10.932 254.202 14.201
201906 12.100 256.143 15.599
201909 11.810 256.759 15.189
201912 12.726 256.974 16.353
202003 11.067 258.115 14.158
202006 7.626 257.797 9.768
202009 9.777 260.280 12.404
202012 10.882 260.474 13.796
202103 11.378 264.877 14.185
202106 11.845 271.696 14.396
202109 12.205 274.310 14.692
202112 13.433 278.802 15.910
202203 16.024 287.504 18.404
202206 17.544 296.311 19.551
202209 18.439 296.808 20.514
202212 17.908 296.797 19.924
202303 17.303 301.836 18.930
202306 17.762 305.109 19.223
202309 16.967 307.789 18.203
202312 3.651 306.746 3.930
202403 15.678 312.332 16.576
202406 17.036 314.175 17.906
202409 15.720 315.301 16.463
202412 5.079 315.605 5.314
202503 12.373 319.799 12.776
202506 15.950 322.561 16.328
202509 16.563 324.800 16.839
202512 5.497 324.054 5.601
202603 15.378 330.213 15.378

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 €52.37 mean?
The Middleby (FRA:MBY) has a Cyclically Adjusted Revenue per Share of €52.37 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 The Middleby and its competitors.
Is The Middleby's Cyclically Adjusted Revenue per Share too high?
The Middleby's current Cyclically Adjusted Revenue per Share is €52.37. Overall, The Middleby has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Middleby's Cyclically Adjusted Revenue per Share compare to NPO and GTES?
The Middleby's Cyclically Adjusted Revenue per Share of €52.37 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Cyclically Adjusted Revenue per Share depends on the Industrial Products 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 The Middleby and its competitors. The Middleby's current Cyclically Adjusted Revenue per Share is €52.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Middleby stock overvalued right now?
Based on GuruFocus' analysis, The Middleby (FRA:MBY) is currently considered Modestly Overvalued. The stock's GF Value™ is €95.00, compared to a current price of €116.00 — trading 22.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €52.37. The Middleby's overall GF Score™ is 77/100 with 5 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 The Middleby (FRA:MBY), the current Cyclically Adjusted Revenue per Share is €52.37 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 The Middleby (FRA:MBY) Overvalued in 2026?

Based on GuruFocus' analysis, The Middleby stock appears to be overvalued. The current stock price of €116.00 is trading 22.1% above its estimated GF Value™ of €95.00. GuruFocus considers The Middleby to be Modestly Overvalued.

Key valuation signals for FRA:MBY:

  • Cyclically Adjusted Revenue per Share: €52.37
  • GF Value™: €95.00 vs. price of €116.00 (22.1% above fair value)
  • GF Score™: 77/100 with 5 warning signs

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


The Middleby Business Description

Other Exchanges MIDD:USA0K1G:UK
Address 1400 Toastmaster Drive, Elgin, IL, USA, 60120
The Middleby Corp is engaged in designing, manufacturing, marketing, distribution and service of a broad line of foodservice equipment used in all types of commercial restaurants and institutional kitchens, food preparation, cooking, baking, chilling and packaging equipment for food processing operations, and premium kitchen equipment including ranges, ovens, refrigerators, ventilation, dishwashers and outdoor cooking equipment used in the residential market. The company conducts its business through three principal business segments namely the Commercial Foodservice Equipment Group, the Food Processing Equipment Group and the Residential Kitchen Equipment Group. The firm derives majority revenue from Commercial Foodservice Equipment Group segment.
77GF Score

Get the complete analysis for FRA:MBY

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

€116.00
Price
€95.00
GF Value