Zumiez (FRA:ZM3) Cyclically Adjusted Revenue per Share: €43.78 (As of Apr. 2026)

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FRA:ZM3 Zumiez Inc FRA:ZM3
72 GF Score
Price €16.70
GF Value €19.09
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Zumiez Cyclically Adjusted Revenue per Share?

Zumiez FRA:ZM3 -1.18% 72 Cyclically Adjusted Revenue per Share is €43.78 as of Apr. 2026. GuruFocus rates FRA:ZM3 with a GF Score™ of 72/100 and a GF Value™ of €19.09 (Modestly Undervalued). 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.

Zumiez's adjusted revenue per share for the three months ended in Apr. 2026 was €10.201. 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 €43.78 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Zumiez's average Cyclically Adjusted Revenue Growth Rate was 6.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 10.30% 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 Zumiez was 13.40% per year. The lowest was 5.60% per year. And the median was 11.70% per year.

As of today (2026-08-01), Zumiez's current stock price is €16.70. Zumiez's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was €43.78. Zumiez's Cyclically Adjusted PS Ratio of today is 0.38.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Zumiez was 1.46. The lowest was 0.24. And the median was 0.75.


Zumiez  (FRA:ZM3) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=16.70/43.78
=0.38

* 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 Zumiez was 1.46. The lowest was 0.24. And the median was 0.75.


Be Aware

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


Zumiez Cyclically Adjusted Revenue per Share Related Terms


Zumiez Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Zumiez'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.

Zumiez Cyclically Adjusted Revenue per Share Chart

Zumiez Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.02 39.42 43.28 47.16 42.08

Zumiez 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 43.48 44.22 42.56 42.08 43.78

FRA:ZM3 vs LE, JILL, CURV: Cyclically Adjusted Revenue per Share Comparison

For the Apparel Retail subindustry, Zumiez'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.


Zumiez Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zumiez's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:ZM3
72GF Score
Zumiez Inc FRA:ZM3
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zumiez 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, Zumiez'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)
=10.201/333.0200*333.0200
=10.201

Current CPI (Apr. 2026) = 333.0200.

Zumiez Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 6.529 240.628 9.036
201610 8.164 241.729 11.247
201701 10.039 242.839 13.767
201704 6.876 244.524 9.365
201707 6.751 244.786 9.184
201710 8.432 246.663 11.384
201801 10.120 247.867 13.597
201804 6.771 250.546 9.000
201807 7.442 252.006 9.834
201810 8.569 252.885 11.284
201901 10.592 251.712 14.013
201904 7.475 255.548 9.741
201907 8.021 256.571 10.411
201910 9.338 257.346 12.084
202001 11.526 257.971 14.879
202004 5.062 256.389 6.575
202007 8.669 259.101 11.142
202010 9.132 260.388 11.679
202101 10.559 261.582 13.443
202104 9.086 267.054 11.330
202107 8.861 273.003 10.809
202110 10.131 276.589 12.198
202201 13.683 281.148 16.208
202204 10.462 289.109 12.051
202207 11.227 296.276 12.619
202210 12.529 298.012 14.001
202301 13.509 299.170 15.037
202304 8.688 303.363 9.537
202307 9.102 305.691 9.916
202310 10.600 307.671 11.473
202401 13.387 308.417 14.455
202404 8.494 313.548 9.021
202407 10.049 314.540 10.639
202410 10.817 315.664 11.412
202501 14.607 317.671 15.313
202504 9.056 320.795 9.401
202507 10.997 323.048 11.336
202510 12.335 0.000
202601 13.783 325.252 14.112
202604 10.201 333.020 10.201

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 €43.78 mean?
Zumiez (FRA:ZM3) has a Cyclically Adjusted Revenue per Share of €43.78 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 Zumiez and its competitors.
Is Zumiez's Cyclically Adjusted Revenue per Share too high?
Zumiez's current Cyclically Adjusted Revenue per Share is €43.78. Overall, Zumiez has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zumiez's Cyclically Adjusted Revenue per Share compare to LE and JILL?
Zumiez's Cyclically Adjusted Revenue per Share of €43.78 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted Revenue per Share depends on the Retail - Cyclical 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 Zumiez and its competitors. Zumiez's current Cyclically Adjusted Revenue per Share is €43.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zumiez stock overvalued right now?
Based on GuruFocus' analysis, Zumiez (FRA:ZM3) is currently considered Modestly Undervalued. The stock's GF Value™ is €19.09, compared to a current price of €16.70 — trading 12.5% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €43.78. Zumiez's overall GF Score™ is 72/100 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 Zumiez (FRA:ZM3), the current Cyclically Adjusted Revenue per Share is €43.78 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 Zumiez (FRA:ZM3) Overvalued in 2026?

Based on GuruFocus' analysis, Zumiez stock appears to be undervalued. The current stock price of €16.70 is trading 12.5% below its estimated GF Value™ of €19.09. GuruFocus considers Zumiez to be Modestly Undervalued.

Key valuation signals for FRA:ZM3:

  • Cyclically Adjusted Revenue per Share: €43.78
  • GF Value™: €19.09 vs. price of €16.70 (12.5% below fair value)
  • GF Score™: 72/100 with 3 warning signs

No single metric tells the full story. See the FRA:ZM3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zumiez Business Description

Other Exchanges ZUMZ:USA
Address 4001 204th Street South West, Lynnwood, WA, USA, 98036
Zumiez Inc is a United States-based specialty retailer engaged in the sale of apparel, footwear, accessories, and hard goods. The company provides merchandise with cultural elements coming from fashion, music, art, action sports, streetwear, and other lifestyles. The company operates under the brands Zumiez, Fast Times, and Blue Tomato, and through both physical stores and websites. The majority of the company's stores are located in the U.S., with the rest in Canada, Australia, and Europe. The U.S. market contributes to the majority of the company's revenue.
72GF Score

Get the complete analysis for FRA:ZM3

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

€16.70
Price
€19.09
GF Value