Warsaw Stock Exchange (FRA:WSX) Cyclically Adjusted Revenue per Share: €4.04 (As of Jun. 2026)

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FRA:WSX Warsaw Stock Exchange FRA:WSX
84 GF Score
Price €21.42
GF Value €14.46
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Warsaw Stock Exchange Cyclically Adjusted Revenue per Share?

Warsaw Stock Exchange FRA:WSX -2.55% 84 Cyclically Adjusted Revenue per Share is €4.04 as of Jun. 2026. GuruFocus rates FRA:WSX with a GF Score™ of 84/100 and a GF Value™ of €14.46 (Significantly Overvalued). The stock has 3 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.

Warsaw Stock Exchange's adjusted revenue per share for the three months ended in Jun. 2026 was €0.863. 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 €4.04 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Warsaw Stock Exchange's average Cyclically Adjusted Revenue Growth Rate was 0.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.60% 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 Warsaw Stock Exchange was 15.40% per year. The lowest was 1.00% per year. And the median was 10.55% per year.

As of today (2026-09-08), Warsaw Stock Exchange's current stock price is €21.42. Warsaw Stock Exchange's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €4.04. Warsaw Stock Exchange's Cyclically Adjusted PS Ratio of today is 5.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Warsaw Stock Exchange was 6.11. The lowest was 1.95. And the median was 3.16.


Warsaw Stock Exchange  (FRA:WSX) 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.

Warsaw Stock Exchange's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=21.42/4.04
=5.30

* 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 Warsaw Stock Exchange was 6.11. The lowest was 1.95. And the median was 3.16.


Be Aware

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


Warsaw Stock Exchange Cyclically Adjusted Revenue per Share Related Terms


Warsaw Stock Exchange Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Warsaw Stock Exchange'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.

Warsaw Stock Exchange Cyclically Adjusted Revenue per Share Chart

Warsaw Stock Exchange 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 2.97 3.50 4.01 4.14 4.11

Warsaw Stock Exchange Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.08 4.00 4.11 3.93 4.04

FRA:WSX vs SPGI, CME, ICE: Cyclically Adjusted Revenue per Share Comparison

For the Financial Data & Stock Exchanges subindustry, Warsaw Stock Exchange'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.


Warsaw Stock Exchange Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Warsaw Stock Exchange's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:WSX
84GF Score
Warsaw Stock Exchange FRA:WSX
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Warsaw Stock Exchange 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, Warsaw Stock Exchange's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.863/162.2800*162.2800
=0.863

Current CPI (Jun. 2026) = 162.2800.

Warsaw Stock Exchange Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.630 99.064 1.032
201612 0.699 100.366 1.130
201703 0.779 101.018 1.251
201706 0.750 101.180 1.203
201709 0.694 101.343 1.111
201712 0.789 102.564 1.248
201803 0.736 102.564 1.165
201806 0.742 103.378 1.165
201809 0.734 103.378 1.152
201812 0.757 103.785 1.184
201903 0.720 104.274 1.121
201906 0.763 105.983 1.168
201909 0.706 105.983 1.081
201912 0.687 107.123 1.041
202003 0.832 109.076 1.238
202006 0.867 109.402 1.286
202009 0.761 109.320 1.130
202012 0.996 109.565 1.475
202103 0.955 112.658 1.376
202106 0.840 113.960 1.196
202109 0.776 115.588 1.089
202112 0.920 119.088 1.254
202203 0.943 125.031 1.224
202206 0.848 131.705 1.045
202209 0.757 135.531 0.906
202212 0.783 139.113 0.913
202303 0.619 145.950 0.688
202306 0.613 147.009 0.677
202309 0.591 146.113 0.656
202312 0.643 147.741 0.706
202403 0.654 149.044 0.712
202406 0.671 150.997 0.721
202409 0.619 153.439 0.655
202412 0.634 154.660 0.665
202503 0.732 157.021 0.757
202506 0.797 157.509 0.821
202509 0.748 158.000 0.768
202512 0.778 158.320 0.797
202603 0.937 163.070 0.932
202606 0.863 162.280 0.863

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 €4.04 mean?
Warsaw Stock Exchange (FRA:WSX) has a Cyclically Adjusted Revenue per Share of €4.04 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Warsaw Stock Exchange and its competitors.
Is Warsaw Stock Exchange's Cyclically Adjusted Revenue per Share too high?
Warsaw Stock Exchange's current Cyclically Adjusted Revenue per Share is €4.04. Overall, Warsaw Stock Exchange has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Warsaw Stock Exchange's Cyclically Adjusted Revenue per Share compare to SPGI and CME?
Warsaw Stock Exchange's Cyclically Adjusted Revenue per Share of €4.04 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Cyclically Adjusted Revenue per Share depends on the Capital Markets 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 Warsaw Stock Exchange and its competitors. Warsaw Stock Exchange's current Cyclically Adjusted Revenue per Share is €4.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warsaw Stock Exchange stock overvalued right now?
Based on GuruFocus' analysis, Warsaw Stock Exchange (FRA:WSX) is currently considered Significantly Overvalued. The stock's GF Value™ is €14.46, compared to a current price of €21.42 — trading 48.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €4.04. Warsaw Stock Exchange's overall GF Score™ is 84/100 with 3 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 Warsaw Stock Exchange (FRA:WSX), the current Cyclically Adjusted Revenue per Share is €4.04 as of Jun. 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 Warsaw Stock Exchange (FRA:WSX) Overvalued in 2026?

Based on GuruFocus' analysis, Warsaw Stock Exchange stock appears to be overvalued. The current stock price of €21.42 is trading 48.1% above its estimated GF Value™ of €14.46. GuruFocus considers Warsaw Stock Exchange to be Significantly Overvalued.

Key valuation signals for FRA:WSX:

  • Cyclically Adjusted Revenue per Share: €4.04
  • GF Value™: €14.46 vs. price of €21.42 (48.1% above fair value)
  • GF Score™: 84/100 with 3 warning signs

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


Warsaw Stock Exchange Business Description

Other Exchanges GPW:PolandWSX:Germany
Address ul. Ksiazeca 4, Warsaw, POL, 00-498
Warsaw Stock Exchange is a securities exchange based in Poland whose core activities include organizing exchange trading in financial instruments and activities related to such trading. The group also pursues activities in education, promotion, and information concerning the capital market. The company has traditionally generated listed interest from both local and regional European companies but primarily from small and medium-sized Polish companies. In addition to stock and bond offerings, the exchange also offers trading in debt instruments, derivatives, commodities, and structured products. Sales revenue is classified according to three main business segments: financial market, commodity market, and other.
84GF Score

Get the complete analysis for FRA:WSX

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

€21.42
Price
€14.46
GF Value