The Trade Desk (FRA:TT8) Cyclically Adjusted Revenue per Share: €2.62 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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FRA:TT8 The Trade Desk Inc FRA:TT8
86 GF Score
Price €15.14
GF Value €110.47
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is The Trade Desk Cyclically Adjusted Revenue per Share?

The Trade Desk FRA:TT8 +2.85% 86 Cyclically Adjusted Revenue per Share is €2.62 as of Mar. 2026. GuruFocus rates FRA:TT8 with a GF Score™ of 86/100 and a GF Value™ of €110.47 (Significantly Undervalued). The stock has 2 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 Trade Desk's adjusted revenue per share for the three months ended in Mar. 2026 was €1.249. 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 €2.62 for the trailing ten years ended in Mar. 2026.

During the past 12 months, The Trade Desk's average Cyclically Adjusted Revenue Growth Rate was 25.20% 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.

As of today (2026-07-25), The Trade Desk's current stock price is €15.14. The Trade Desk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €2.62. The Trade Desk's Cyclically Adjusted PS Ratio of today is 5.78.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of The Trade Desk was 34.18. The lowest was 5.54. And the median was 14.79.


The Trade Desk  (FRA:TT8) 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 Trade Desk's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=15.14/2.62
=5.78

* 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 12 years, the highest Cyclically Adjusted PS Ratio of The Trade Desk was 34.18. The lowest was 5.54. And the median was 14.79.


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 Trade Desk Cyclically Adjusted Revenue per Share Related Terms


The Trade Desk Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for The Trade Desk'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 Trade Desk Cyclically Adjusted Revenue per Share Chart

The Trade Desk 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 0.00 0.00 0.00 0.00 2.44

The Trade Desk 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 2.23 2.14 2.29 2.44 2.62

FRA:TT8 vs LFTO, MGNI, ZD: Cyclically Adjusted Revenue per Share Comparison

For the Advertising Agencies subindustry, The Trade Desk'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 Trade Desk Cyclically Adjusted PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, The Trade Desk's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:TT8
86GF Score
The Trade Desk Inc FRA:TT8
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Trade Desk 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 Trade Desk'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)
=1.249/330.2130*330.2130
=1.249

Current CPI (Mar. 2026) = 330.2130.

The Trade Desk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.110 241.018 0.151
201609 0.277 241.428 0.379
201612 0.175 241.432 0.239
201703 0.115 243.801 0.156
201706 0.147 244.955 0.198
201709 0.151 246.819 0.202
201712 0.195 246.524 0.261
201803 0.156 249.554 0.206
201806 0.213 251.989 0.279
201809 0.219 252.439 0.286
201812 0.301 251.233 0.396
201903 0.226 254.202 0.294
201906 0.296 256.143 0.382
201909 0.310 256.759 0.399
201912 0.405 256.974 0.520
202003 0.301 258.115 0.385
202006 0.254 257.797 0.325
202009 0.373 260.280 0.473
202012 0.528 260.474 0.669
202103 0.371 264.877 0.463
202106 0.468 271.696 0.569
202109 0.513 274.310 0.618
202112 0.700 278.802 0.829
202203 0.591 287.504 0.679
202206 0.733 296.311 0.817
202209 0.797 296.808 0.887
202212 0.856 296.797 0.952
202303 0.715 301.836 0.782
202306 0.858 305.109 0.929
202309 0.921 307.789 0.988
202312 1.112 306.746 1.197
202403 0.907 312.332 0.959
202406 1.086 314.175 1.141
202409 1.126 315.301 1.179
202412 1.396 315.605 1.461
202503 1.133 319.799 1.170
202506 1.214 322.561 1.243
202509 1.278 324.800 1.299
202512 1.498 324.054 1.526
202603 1.249 330.213 1.249

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 €2.62 mean?
The Trade Desk (FRA:TT8) has a Cyclically Adjusted Revenue per Share of €2.62 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 Trade Desk and its competitors.
Is The Trade Desk's Cyclically Adjusted Revenue per Share too high?
The Trade Desk's current Cyclically Adjusted Revenue per Share is €2.62. Overall, The Trade Desk has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Trade Desk's Cyclically Adjusted Revenue per Share compare to LFTO and MGNI?
The Trade Desk's Cyclically Adjusted Revenue per Share of €2.62 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Cyclically Adjusted Revenue per Share depends on the Media - Diversified 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 Trade Desk and its competitors. The Trade Desk's current Cyclically Adjusted Revenue per Share is €2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Trade Desk stock overvalued right now?
Based on GuruFocus' analysis, The Trade Desk (FRA:TT8) is currently considered Significantly Undervalued. The stock's GF Value™ is €110.47, compared to a current price of €15.14 — trading 86.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €2.62. The Trade Desk's overall GF Score™ is 86/100 with 2 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 Trade Desk (FRA:TT8), the current Cyclically Adjusted Revenue per Share is €2.62 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 Trade Desk (FRA:TT8) Overvalued in 2026?

Based on GuruFocus' analysis, The Trade Desk stock appears to be undervalued. The current stock price of €15.14 is trading 86.3% below its estimated GF Value™ of €110.47. GuruFocus considers The Trade Desk to be Significantly Undervalued.

Key valuation signals for FRA:TT8:

  • Cyclically Adjusted Revenue per Share: €2.62
  • GF Value™: €110.47 vs. price of €15.14 (86.3% below fair value)
  • GF Score™: 86/100 with 2 warning signs

No single metric tells the full story. See the FRA:TT8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Trade Desk Business Description

Address 42 North Chestnut Street, Ventura, CA, USA, 93001
The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, and social) on devices like computers, smartphones, and connected TVs. The firm's platform is referred to as a DSP in the digital ad industry, and it generates revenue from fees based on a percentage of what its clients spend on advertising, sometimes referred to as a "take rate."
86GF Score

Get the complete analysis for FRA:TT8

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

€15.14
Price
€110.47
GF Value