GAM (General American Investors Co) Cyclically Adjusted Revenue per Share: $8.17 (As of Dec. 2025)


GAM General American Investors Co Inc GAM
47 GF Score
Price $63.94
GF Value $63.56
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is General American Investors Co Cyclically Adjusted Revenue per Share?

General American Investors Co GAM -0.02% 47 Cyclically Adjusted Revenue per Share is $8.17 as of Dec. 2025. GuruFocus rates GAM with a GF Score™ of 47/100 and a GF Value™ of $63.56 (Fairly Valued). 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.

General American Investors Co's adjusted revenue per share data for the fiscal year that ended in Dec. 2025 was $15.337. 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 $8.17 for the trailing ten years ended in Dec. 2025.

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 (2026-07-04), General American Investors Co's current stock price is $ 63.94. General American Investors Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec. 2025 was $8.17. General American Investors Co's Cyclically Adjusted PS Ratio of today is 7.83.

During the past 10 years, the highest Cyclically Adjusted PS Ratio of General American Investors Co was 7.97. The lowest was 6.96. And the median was 7.56.


General American Investors Co  (NYSE:GAM) 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.

General American Investors Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=63.94/8.17
=7.83

* 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 10 years, the highest Cyclically Adjusted PS Ratio of General American Investors Co was 7.97. The lowest was 6.96. And the median was 7.56.


Be Aware

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


General American Investors Co Cyclically Adjusted Revenue per Share Related Terms


General American Investors Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for General American Investors Co'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.

General American Investors Co Cyclically Adjusted Revenue per Share Chart

General American Investors Co 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 8.17

General American Investors Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.00 0.00 8.17

GAM vs ECAT, CET, TRIN: Cyclically Adjusted Revenue per Share Comparison

For the Asset Management subindustry, General American Investors Co'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.


General American Investors Co Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, General American Investors Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where General American Investors Co's Cyclically Adjusted PS Ratio falls into.


GAM
47GF Score
General American Investors Co Inc GAM
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

General American Investors Co 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, General American Investors Co's adjusted Revenue per Share data for the fiscal year that ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=15.337/324.0540*324.0540
=15.337

Current CPI (Dec. 2025) = 324.0540.

General American Investors Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 4.250 241.432 5.704
201712 6.888 246.524 9.054
201812 -2.195 251.233 -2.831
201912 12.813 256.974 16.158
202012 4.085 260.474 5.082
202112 13.109 278.802 15.237
202212 -6.559 296.797 -7.161
202312 12.448 306.746 13.150
202412 11.619 315.605 11.930
202512 15.337 324.054 15.337

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 $8.17 mean?
General American Investors Co (GAM) has a Cyclically Adjusted Revenue per Share of $8.17 as of Dec. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on General American Investors Co and its competitors.
Is General American Investors Co's Cyclically Adjusted Revenue per Share too high?
General American Investors Co's current Cyclically Adjusted Revenue per Share is $8.17. Overall, General American Investors Co has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does General American Investors Co's Cyclically Adjusted Revenue per Share compare to ECAT and CET?
General American Investors Co's Cyclically Adjusted Revenue per Share of $8.17 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Cyclically Adjusted Revenue per Share depends on the Asset Management 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 General American Investors Co and its competitors. General American Investors Co's current Cyclically Adjusted Revenue per Share is $8.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General American Investors Co stock overvalued right now?
Based on GuruFocus' analysis, General American Investors Co (GAM) is currently considered Fairly Valued. The stock's GF Value™ is $63.56, compared to a current price of $63.94 — trading 0.6% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $8.17. General American Investors Co's overall GF Score™ is 47/100 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 General American Investors Co (GAM), the current Cyclically Adjusted Revenue per Share is $8.17 as of Dec. 2025. 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 General American Investors Co (GAM) Overvalued in 2026?

Based on GuruFocus' analysis, General American Investors Co stock appears to be overvalued. The current stock price of $63.94 is trading 0.6% above its estimated GF Value™ of $63.56. GuruFocus considers General American Investors Co to be Fairly Valued.

Key valuation signals for GAM:

  • Cyclically Adjusted Revenue per Share: $8.17
  • GF Value™: $63.56 vs. price of $63.94 (0.6% above fair value)
  • GF Score™: 47/100 with 2 warning signs

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


General American Investors Co Business Description

Address 530 Fifth Avenue, 26th Floor, New York, NY, USA, 10036
General American Investors Co Inc is a closed-end, diversified management investment company. The primary investment objective of the company is long-term capital appreciation through investment in companies with above-average growth potential. It focuses on equity securities with growth potential at reasonable valuations. The company invests principally in common stocks believed by management to have growth potential.
47GF Score

Get the complete analysis for GAM

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

$63.94
Price
$63.56
GF Value