MillerKnoll (FRA:MHR) Cyclically Adjusted Revenue per Share: €47.74 (As of May. 2026)

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FRA:MHR MillerKnoll Inc FRA:MHR
67 GF Score
Price €18.50
GF Value €20.13
! 7 Warning Signs
View Full Analysis

What is MillerKnoll Cyclically Adjusted Revenue per Share?

MillerKnoll FRA:MHR -1.07% 67 Cyclically Adjusted Revenue per Share is €47.74 as of May. 2026. GuruFocus rates FRA:MHR with a GF Score™ of 67/100 and a GF Value™ of €20.13. The stock has 7 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.

MillerKnoll's adjusted revenue per share for the three months ended in May. 2026 was €12.383. 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 €47.74 for the trailing ten years ended in May. 2026.

During the past 12 months, MillerKnoll's average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.00% 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 MillerKnoll was 13.00% per year. The lowest was -0.40% per year. And the median was 5.10% per year.

As of today (2026-07-22), MillerKnoll's current stock price is €18.50. MillerKnoll's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was €47.74. MillerKnoll's Cyclically Adjusted PS Ratio of today is 0.39.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of MillerKnoll was 1.32. The lowest was 0.26. And the median was 0.82.


MillerKnoll  (FRA:MHR) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=18.50/47.74
=0.39

* 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 MillerKnoll was 1.32. The lowest was 0.26. And the median was 0.82.


Be Aware

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


MillerKnoll Cyclically Adjusted Revenue per Share Related Terms


MillerKnoll Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for MillerKnoll'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.

MillerKnoll Cyclically Adjusted Revenue per Share Chart

MillerKnoll Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.13 47.94 46.34 46.44 47.74

MillerKnoll Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 46.44 45.12 45.63 46.52 47.74

FRA:MHR vs MBC, LEG, LZB: Cyclically Adjusted Revenue per Share Comparison

For the Furnishings, Fixtures & Appliances subindustry, MillerKnoll'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.


MillerKnoll Cyclically Adjusted PS Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, MillerKnoll's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:MHR
67GF Score
MillerKnoll Inc FRA:MHR
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_RevenuePerShare= Revenue per Share /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=12.383/335.1230*335.1230
=12.383

Current CPI (May. 2026) = 335.1230.

MillerKnoll Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 8.820 240.849 12.272
201611 8.870 241.353 12.316
201702 8.163 243.603 11.230
201705 8.570 244.733 11.735
201708 8.147 245.519 11.120
201711 8.547 246.669 11.612
201802 7.762 248.991 10.447
201805 8.696 251.588 11.583
201808 9.035 252.146 12.008
201811 9.661 252.038 12.846
201902 9.223 252.776 12.228
201905 10.136 256.092 13.264
201908 10.183 256.558 13.301
201911 10.272 257.208 13.384
202002 10.308 258.678 13.354
202005 7.424 256.394 9.704
202008 8.983 259.918 11.582
202011 8.940 260.229 11.513
202102 8.193 263.014 10.439
202105 8.536 269.195 10.627
202108 10.124 273.567 12.402
202111 11.939 277.948 14.395
202202 11.854 283.716 14.002
202205 13.776 292.296 15.794
202208 13.961 296.171 15.797
202211 13.794 297.711 15.527
202302 12.091 300.840 13.469
202305 11.583 304.127 12.764
202308 11.115 307.026 12.132
202311 11.818 307.051 12.898
202402 10.906 310.326 11.777
202405 11.425 314.069 12.191
202408 11.130 314.796 11.849
202411 13.053 315.493 13.865
202502 12.306 319.082 12.925
202505 12.528 321.465 13.060
202508 11.864 323.976 12.272
202511 11.991 324.122 12.398
202602 11.339 326.785 11.628
202605 12.383 335.123 12.383

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 €47.74 mean?
MillerKnoll (FRA:MHR) has a Cyclically Adjusted Revenue per Share of €47.74 as of May. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on MillerKnoll and its competitors.
Is MillerKnoll's Cyclically Adjusted Revenue per Share too high?
MillerKnoll's current Cyclically Adjusted Revenue per Share is €47.74. Overall, MillerKnoll has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does MillerKnoll's Cyclically Adjusted Revenue per Share compare to MBC and LEG?
MillerKnoll's Cyclically Adjusted Revenue per Share of €47.74 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Cyclically Adjusted Revenue per Share depends on the Furnishings, Fixtures & Appliances 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 MillerKnoll and its competitors. MillerKnoll's current Cyclically Adjusted Revenue per Share is €47.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MillerKnoll stock overvalued right now?
MillerKnoll (FRA:MHR) has a current Cyclically Adjusted Revenue per Share of €47.74. The stock's GF Value™ is €20.13, compared to a current price of €18.50 — trading 8.1% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €47.74. MillerKnoll's overall GF Score™ is 67/100 with 7 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 MillerKnoll (FRA:MHR), the current Cyclically Adjusted Revenue per Share is €47.74 as of May. 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 MillerKnoll (FRA:MHR) Overvalued in 2026?

Based on GuruFocus' analysis, MillerKnoll stock appears to be undervalued. The current stock price of €18.50 is trading 8.1% below its estimated GF Value™ of €20.13.

Key valuation signals for FRA:MHR:

  • Cyclically Adjusted Revenue per Share: €47.74
  • GF Value™: €20.13 vs. price of €18.50 (8.1% below fair value)
  • GF Score™: 67/100 with 7 warning signs

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


MillerKnoll Business Description

Other Exchanges MLKN:USA
Address 855 East Main Avenue, P.O. Box 302, Zeeland, MI, USA, 49464
MillerKnoll Inc, formerly Herman Miller Inc researches, designs, manufactures, sells, and distributes interior furnishings across the globe. The Company has three reportable segments: Americas Contract, International Contract, and Global Retail. The company's products are sold through a variety of sources, including owned and independent contract furniture dealers, direct customer sales, owned and independent retailers, direct-mail catalogs, and the company's online stores. The independent retailer division generates the majority of the firm's overall sales.
67GF Score

Get the complete analysis for FRA:MHR

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

€18.50
Price
€20.13
GF Value