GRVY (GRAVITY Co) Cyclically Adjusted Revenue per Share: $51.58 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GRVY GRAVITY Co Ltd GRVY
76 GF Score
Price $61.75
GF Value $63.78
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is GRAVITY Co Cyclically Adjusted Revenue per Share?

GRAVITY Co GRVY -0.98% 76 Cyclically Adjusted Revenue per Share is $51.58 as of Mar. 2026. GuruFocus rates GRVY with a GF Score™ of 76/100 and a GF Value™ of $63.78 (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.

GRAVITY Co's adjusted revenue per share for the three months ended in Mar. 2026 was $15.629. 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 $51.58 for the trailing ten years ended in Mar. 2026.

During the past 12 months, GRAVITY Co's average Cyclically Adjusted Revenue Growth Rate was 14.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 18.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 21.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 24.60% 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 GRAVITY Co was 33.10% per year. The lowest was -18.90% per year. And the median was 19.90% per year.

As of today (2026-07-29), GRAVITY Co's current stock price is $61.75. GRAVITY Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $51.58. GRAVITY Co's Cyclically Adjusted PS Ratio of today is 1.20.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of GRAVITY Co was 11.49. The lowest was 0.31. And the median was 1.95.


GRAVITY Co  (NAS:GRVY) 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.

GRAVITY Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=61.75/51.58
=1.20

* 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 GRAVITY Co was 11.49. The lowest was 0.31. And the median was 1.95.


Be Aware

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


GRAVITY Co Cyclically Adjusted Revenue per Share Related Terms


GRAVITY Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for GRAVITY 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.

GRAVITY Co Cyclically Adjusted Revenue per Share Chart

GRAVITY 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 24.31 29.84 38.08 43.44 49.64

GRAVITY Co 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 45.17 46.84 48.44 49.64 51.58

GRVY vs SOHU, DDI, GDEV: Cyclically Adjusted Revenue per Share Comparison

For the Electronic Gaming & Multimedia subindustry, GRAVITY 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.


GRAVITY Co Cyclically Adjusted PS Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GRAVITY Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


GRVY
76GF Score
GRAVITY Co Ltd GRVY
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GRAVITY 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, GRAVITY Co'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)
=15.629/125.2360*125.2360
=15.629

Current CPI (Mar. 2026) = 125.2360.

GRAVITY Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.119 100.791 1.390
201609 2.044 101.461 2.523
201612 2.129 101.561 2.625
201703 2.964 102.851 3.609
201706 3.439 102.611 4.197
201709 3.017 103.491 3.651
201712 8.973 102.991 10.911
201803 8.919 104.101 10.730
201806 8.288 104.130 9.968
201809 5.680 105.651 6.733
201812 14.517 104.351 17.423
201903 16.993 104.491 20.367
201906 9.578 104.881 11.437
201909 9.348 105.200 11.128
201912 8.778 105.121 10.458
202003 8.654 105.354 10.287
202006 10.547 105.112 12.566
202009 16.116 106.198 19.005
202012 14.793 105.765 17.516
202103 13.376 107.357 15.604
202106 10.718 107.579 12.477
202109 15.788 108.759 18.180
202112 11.742 109.676 13.408
202203 10.445 111.848 11.695
202206 10.873 114.072 11.937
202209 10.551 114.715 11.519
202212 19.592 115.179 21.303
202303 18.175 116.507 19.537
202306 26.501 117.182 28.322
202309 18.998 118.964 20.000
202312 16.055 118.837 16.919
202403 12.944 120.123 13.495
202406 12.832 120.007 13.391
202409 13.883 120.861 14.386
202412 12.964 121.135 13.403
202503 13.565 122.590 13.858
202506 18.005 122.611 18.390
202509 14.350 123.402 14.563
202512 11.141 123.939 11.258
202603 15.629 125.236 15.629

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 $51.58 mean?
GRAVITY Co (GRVY) has a Cyclically Adjusted Revenue per Share of $51.58 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 GRAVITY Co and its competitors.
Is GRAVITY Co's Cyclically Adjusted Revenue per Share too high?
GRAVITY Co's current Cyclically Adjusted Revenue per Share is $51.58. Overall, GRAVITY Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GRAVITY Co's Cyclically Adjusted Revenue per Share compare to SOHU and DDI?
GRAVITY Co's Cyclically Adjusted Revenue per Share of $51.58 can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Cyclically Adjusted Revenue per Share depends on the Interactive Media 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 GRAVITY Co and its competitors. GRAVITY Co's current Cyclically Adjusted Revenue per Share is $51.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GRAVITY Co stock overvalued right now?
Based on GuruFocus' analysis, GRAVITY Co (GRVY) is currently considered Fairly Valued. The stock's GF Value™ is $63.78, compared to a current price of $61.75 — trading 3.2% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is $51.58. GRAVITY Co's overall GF Score™ is 76/100 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 GRAVITY Co (GRVY), the current Cyclically Adjusted Revenue per Share is $51.58 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 GRAVITY Co (GRVY) Overvalued in 2026?

Based on GuruFocus' analysis, GRAVITY Co stock appears to be undervalued. The current stock price of $61.75 is trading 3.2% below its estimated GF Value™ of $63.78. GuruFocus considers GRAVITY Co to be Fairly Valued.

Key valuation signals for GRVY:

  • Cyclically Adjusted Revenue per Share: $51.58
  • GF Value™: $63.78 vs. price of $61.75 (3.2% below fair value)
  • GF Score™: 76/100 with 2 warning signs

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


GRAVITY Co Business Description

Other Exchanges GD8A:Germany
Address 15th Floor, 396 World Cup buk-ro, Mapo-gu, Seoul, KOR, 03925
GRAVITY Co Ltd is an online and mobile games developer and publisher based in Korea. The gaming products of the company include Ragnarok Online, Requiem, Dragonica (Dragon Saga), Ragnarok Online II, Requiem Online, and R.O.S.E. Online. The company generates revenue from online games, mobile games and other sources including character based merchandise and animation. Geographically, it derives maximum revenue from Taiwan.
76GF Score

Get the complete analysis for GRVY

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

$61.75
Price
$63.78
GF Value