Vail Resorts (FRA:VAI) Cyclically Adjusted Revenue per Share: €58.27 (As of Apr. 2026)

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FRA:VAI Vail Resorts Inc FRA:VAI
72 GF Score
Price €131.00
GF Value €158.84
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Vail Resorts Cyclically Adjusted Revenue per Share?

Vail Resorts FRA:VAI -5.07% 72 Cyclically Adjusted Revenue per Share is €58.27 as of Apr. 2026. GuruFocus rates FRA:VAI with a GF Score™ of 72/100 and a GF Value™ of €158.84 (Modestly Undervalued). The stock has 8 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.

Vail Resorts's adjusted revenue per share for the three months ended in Apr. 2026 was €28.875. 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 €58.27 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Vail Resorts's average Cyclically Adjusted Revenue Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.40% 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 Vail Resorts was 10.70% per year. The lowest was 4.10% per year. And the median was 5.80% per year.

As of today (2026-08-03), Vail Resorts's current stock price is €131.00. Vail Resorts's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was €58.27. Vail Resorts's Cyclically Adjusted PS Ratio of today is 2.25.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Vail Resorts was 7.87. The lowest was 1.69. And the median was 4.87.


Vail Resorts  (FRA:VAI) 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.

Vail Resorts's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=131.00/58.27
=2.25

* 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 Vail Resorts was 7.87. The lowest was 1.69. And the median was 4.87.


Be Aware

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


Vail Resorts Cyclically Adjusted Revenue per Share Related Terms


Vail Resorts Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Vail Resorts'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.

Vail Resorts Cyclically Adjusted Revenue per Share Chart

Vail Resorts Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.46 51.88 52.66 58.81 60.14

Vail Resorts Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 59.49 60.14 57.66 56.28 58.27

FRA:VAI vs CZR, BYD, HGV: Cyclically Adjusted Revenue per Share Comparison

For the Resorts & Casinos subindustry, Vail Resorts'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.


Vail Resorts Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Vail Resorts's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:VAI
72GF Score
Vail Resorts Inc FRA:VAI
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vail Resorts 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, Vail Resorts's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=28.875/333.0200*333.0200
=28.875

Current CPI (Apr. 2026) = 333.0200.

Vail Resorts Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 4.369 240.628 6.047
201610 4.394 241.729 6.053
201701 16.583 242.839 22.741
201704 18.003 244.524 24.518
201707 4.565 244.786 6.210
201710 4.674 246.663 6.310
201801 14.482 247.867 19.457
201804 16.567 250.546 22.020
201807 4.504 252.006 5.952
201810 4.725 252.885 6.222
201901 18.096 251.712 23.941
201904 20.785 255.548 27.086
201907 5.305 256.571 6.886
201910 6.000 257.346 7.764
202001 20.349 257.971 26.269
202004 15.672 256.389 20.356
202007 1.652 259.101 2.123
202010 2.783 260.388 3.559
202101 13.774 261.582 17.536
202104 18.175 267.054 22.664
202107 4.225 273.003 5.154
202110 3.742 276.589 4.505
202201 19.632 281.148 23.254
202204 27.429 289.109 31.595
202207 6.450 296.276 7.250
202210 7.039 298.012 7.866
202301 25.286 299.170 28.147
202304 28.432 303.363 31.212
202307 6.334 305.691 6.900
202310 6.424 307.671 6.953
202401 26.010 308.417 28.085
202404 31.527 313.548 33.485
202407 6.503 314.540 6.885
202410 6.376 315.664 6.727
202501 29.354 317.671 30.772
202504 30.932 320.795 32.111
202507 6.356 323.048 6.552
202510 6.483 0.000
202601 25.778 325.252 26.394
202604 28.875 333.020 28.875

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 €58.27 mean?
Vail Resorts (FRA:VAI) has a Cyclically Adjusted Revenue per Share of €58.27 as of Apr. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Vail Resorts and its competitors.
Is Vail Resorts' Cyclically Adjusted Revenue per Share too high?
Vail Resorts' current Cyclically Adjusted Revenue per Share is €58.27. Overall, Vail Resorts has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vail Resorts' Cyclically Adjusted Revenue per Share compare to CZR and BYD?
Vail Resorts' Cyclically Adjusted Revenue per Share of €58.27 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Cyclically Adjusted Revenue per Share depends on the Travel & Leisure 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 Vail Resorts and its competitors. Vail Resorts's current Cyclically Adjusted Revenue per Share is €58.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vail Resorts stock overvalued right now?
Based on GuruFocus' analysis, Vail Resorts (FRA:VAI) is currently considered Modestly Undervalued. The stock's GF Value™ is €158.84, compared to a current price of €131.00 — trading 17.5% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €58.27. Vail Resorts' overall GF Score™ is 72/100 with 8 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 Vail Resorts (FRA:VAI), the current Cyclically Adjusted Revenue per Share is €58.27 as of Apr. 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 Vail Resorts (FRA:VAI) Overvalued in 2026?

Based on GuruFocus' analysis, Vail Resorts stock appears to be undervalued. The current stock price of €131.00 is trading 17.5% below its estimated GF Value™ of €158.84. GuruFocus considers Vail Resorts to be Modestly Undervalued.

Key valuation signals for FRA:VAI:

  • Cyclically Adjusted Revenue per Share: €58.27
  • GF Value™: €158.84 vs. price of €131.00 (17.5% below fair value)
  • GF Score™: 72/100 with 8 warning signs

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


Vail Resorts Business Description

Other Exchanges MTN:USAMTN:Mexico0LK3:UK
Address 390 Interlocken Crescent, Broomfield, CO, USA, 80021
Vail Resorts Inc Bhd is a resorts and casinos company that operates mountain resorts and ski areas. The company has three business segments that include Mountain, Lodging, and Real Estate. The Mountain segment operates numerous ski resort properties that offer a variety of winter and summer activities, such as skiing, snowboarding, snowshoeing, hiking, and mountain biking. The Lodging segment owns and operates hotels and condominiums. The Real Estate segment owns, develops, and leases real estate, typically near its other properties. The company generates the vast majority of its revenue within the United States.
72GF Score

Get the complete analysis for FRA:VAI

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

€131.00
Price
€158.84
GF Value