Mazda Motor (FRA:MZA) Cyclically Adjusted Revenue per Share: €36.48 (As of Mar. 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:MZA Mazda Motor Corp FRA:MZA
84 GF Score
Price €6.28
GF Value €6.73
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Mazda Motor Cyclically Adjusted Revenue per Share?

Mazda Motor FRA:MZA +2.92% 84 Cyclically Adjusted Revenue per Share is €36.48 as of Mar. 2026. GuruFocus rates FRA:MZA with a GF Score™ of 84/100 and a GF Value™ of €6.73 (Fairly Valued). 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.

Mazda Motor's adjusted revenue per share for the three months ended in Mar. 2026 was €12.238. 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 €36.48 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mazda Motor's average Cyclically Adjusted Revenue Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.10% 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 Mazda Motor was 7.40% per year. The lowest was -3.80% per year. And the median was -0.15% per year.

As of today (2026-07-29), Mazda Motor's current stock price is €6.281. Mazda Motor's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €36.48. Mazda Motor's Cyclically Adjusted PS Ratio of today is 0.17.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mazda Motor was 0.36. The lowest was 0.09. And the median was 0.20.


Mazda Motor  (FRA:MZA) 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.

Mazda Motor's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=6.281/36.48
=0.17

* 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 Mazda Motor was 0.36. The lowest was 0.09. And the median was 0.20.


Be Aware

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


Mazda Motor Cyclically Adjusted Revenue per Share Related Terms


Mazda Motor Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Mazda Motor'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.

Mazda Motor Cyclically Adjusted Revenue per Share Chart

Mazda Motor Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.40 38.24 36.60 40.77 36.48

Mazda Motor 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 40.77 38.01 36.83 35.61 36.48

FRA:MZA vs TSLA, GM, F: Cyclically Adjusted Revenue per Share Comparison

For the Auto Manufacturers subindustry, Mazda Motor'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.


Mazda Motor Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mazda Motor's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:MZA
84GF Score
Mazda Motor Corp FRA:MZA
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mazda Motor 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, Mazda Motor'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)
=12.238/112.7000*112.7000
=12.238

Current CPI (Mar. 2026) = 112.7000.

Mazda Motor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 10.969 98.100 12.601
201609 11.277 98.000 12.969
201612 10.967 98.400 12.561
201703 11.991 98.100 13.776
201706 10.764 98.500 12.316
201709 10.827 98.800 12.350
201712 10.725 99.400 12.160
201803 11.273 99.200 12.807
201806 10.773 99.200 12.239
201809 10.401 99.900 11.734
201812 11.100 99.700 12.547
201903 11.916 99.700 13.470
201906 11.039 99.800 12.466
201909 11.498 100.100 12.945
201912 11.130 100.500 12.481
202003 11.647 100.300 13.087
202006 4.937 99.900 5.570
202009 9.436 99.900 10.645
202012 10.609 99.300 12.041
202103 11.321 99.900 12.772
202106 9.608 99.500 10.883
202109 8.483 100.100 9.551
202112 8.230 100.100 9.266
202203 11.638 101.100 12.973
202206 6.914 101.800 7.654
202209 11.472 103.100 12.540
202212 11.704 104.100 12.671
202303 12.529 104.400 13.525
202306 11.299 105.200 12.105
202309 12.335 106.200 13.090
202312 12.627 106.800 13.325
202403 12.282 107.200 12.912
202406 11.250 108.200 11.718
202409 11.877 108.900 12.291
202412 12.760 110.700 12.991
202503 13.081 111.100 13.269
202506 10.469 111.700 10.563
202509 10.407 112.000 10.472
202512 10.972 113.000 10.943
202603 12.238 112.700 12.238

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 €36.48 mean?
Mazda Motor (FRA:MZA) has a Cyclically Adjusted Revenue per Share of €36.48 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 Mazda Motor and its competitors.
Is Mazda Motor's Cyclically Adjusted Revenue per Share too high?
Mazda Motor's current Cyclically Adjusted Revenue per Share is €36.48. Overall, Mazda Motor has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mazda Motor's Cyclically Adjusted Revenue per Share compare to TSLA and GM?
Mazda Motor's Cyclically Adjusted Revenue per Share of €36.48 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted Revenue per Share depends on the Vehicles & Parts 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 Mazda Motor and its competitors. Mazda Motor's current Cyclically Adjusted Revenue per Share is €36.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mazda Motor stock overvalued right now?
Based on GuruFocus' analysis, Mazda Motor (FRA:MZA) is currently considered Fairly Valued. The stock's GF Value™ is €6.73, compared to a current price of €6.28 — trading 6.7% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €36.48. Mazda Motor's overall GF Score™ is 84/100 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 Mazda Motor (FRA:MZA), the current Cyclically Adjusted Revenue per Share is €36.48 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 Mazda Motor (FRA:MZA) Overvalued in 2026?

Based on GuruFocus' analysis, Mazda Motor stock appears to be undervalued. The current stock price of €6.28 is trading 6.7% below its estimated GF Value™ of €6.73. GuruFocus considers Mazda Motor to be Fairly Valued.

Key valuation signals for FRA:MZA:

  • Cyclically Adjusted Revenue per Share: €36.48
  • GF Value™: €6.73 vs. price of €6.28 (6.7% below fair value)
  • GF Score™: 84/100 with 7 warning signs

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


Mazda Motor Business Description

Address 3-1 Shinchi, Fuchu-cho, Aki-gun, Hiroshima, JPN, 730-8670
Mazda Motor Corp is a Japanese automobile manufacturer. The company mainly manufactures passenger cars and commercial vehicles. It also manufactures diesel and petroleum gasoline engines, along with manual and automatic transmissions for vehicles. The vast majority of the companys production is manufactured locally. The company segments itself across four geographic areas: Japan, North America, Europe, and other markets.
84GF Score

Get the complete analysis for FRA:MZA

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

€6.28
Price
€6.73
GF Value