Draegerwerk AG KGaA (HAM:DRW8) Cyclically Adjusted Revenue per Share: €194.59 (As of Jun. 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.

HAM:DRW8 Draegerwerk AG & Co KGaA HAM:DRW8
75 GF Score
Price €84.40
GF Value €51.08
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Draegerwerk AG KGaA Cyclically Adjusted Revenue per Share?

Draegerwerk AG KGaA HAM:DRW8 -1.40% 75 Cyclically Adjusted Revenue per Share is €194.59 as of Jun. 2026. GuruFocus rates HAM:DRW8 with a GF Score™ of 75/100 and a GF Value™ of €51.08 (Significantly Overvalued). The stock has 5 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.

Draegerwerk AG KGaA's adjusted revenue per share for the three months ended in Jun. 2026 was €45.166. 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 €194.59 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Draegerwerk AG KGaA's average Cyclically Adjusted Revenue Growth Rate was 3.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.40% 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 Draegerwerk AG KGaA was 5.50% per year. The lowest was 0.60% per year. And the median was 3.60% per year.

As of today (2026-09-17), Draegerwerk AG KGaA's current stock price is €84.40. Draegerwerk AG KGaA's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €194.59. Draegerwerk AG KGaA's Cyclically Adjusted PS Ratio of today is 0.43.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Draegerwerk AG KGaA was 0.51. The lowest was 0.20. And the median was 0.29.


Draegerwerk AG KGaA  (HAM:DRW8) 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.

Draegerwerk AG KGaA's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=84.40/194.587
=0.43

* 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 Draegerwerk AG KGaA was 0.51. The lowest was 0.20. And the median was 0.29.


Be Aware

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


Draegerwerk AG KGaA Cyclically Adjusted Revenue per Share Related Terms


Draegerwerk AG KGaA Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Draegerwerk AG KGaA'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.

Draegerwerk AG KGaA Cyclically Adjusted Revenue per Share Chart

Draegerwerk AG KGaA 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 163.80 176.06 183.11 187.60 190.39

Draegerwerk AG KGaA 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 189.75 191.07 191.27 194.17 194.59

HAM:DRW8 vs ABT, SYK, MDT: Cyclically Adjusted Revenue per Share Comparison

For the Medical Devices subindustry, Draegerwerk AG KGaA'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.


Draegerwerk AG KGaA Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Draegerwerk AG KGaA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


HAM:DRW8
75GF Score
Draegerwerk AG & Co KGaA HAM:DRW8
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Draegerwerk AG KGaA 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, Draegerwerk AG KGaA'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)
=45.166/131.3638*131.3638
=45.166

Current CPI (Jun. 2026) = 131.3638.

Draegerwerk AG KGaA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 33.384 101.017 43.413
201612 46.143 101.217 59.886
201703 30.122 101.417 39.017
201706 32.715 102.117 42.085
201709 34.966 102.717 44.718
201712 47.031 102.617 60.206
201803 27.903 102.917 35.615
201806 34.922 104.017 44.103
201809 34.532 104.718 43.319
201812 48.758 104.217 61.458
201903 33.875 104.217 42.699
201906 35.715 105.718 44.379
201909 37.324 106.018 46.247
201912 49.663 105.818 61.653
202003 36.035 105.718 44.777
202006 42.026 106.618 51.780
202009 45.978 105.818 57.078
202012 59.452 105.518 74.015
202103 42.221 107.518 51.585
202106 44.845 108.486 54.302
202109 41.022 109.435 49.242
202112 49.333 110.384 58.710
202203 34.621 113.968 39.905
202206 34.803 115.760 39.494
202209 38.626 118.818 42.705
202212 54.275 119.345 59.741
202303 40.572 122.402 43.542
202306 41.112 123.140 43.857
202309 42.031 124.195 44.457
202312 56.110 123.773 59.551
202403 39.223 125.038 41.207
202406 41.827 125.882 43.649
202409 41.288 126.198 42.978
202412 57.379 127.041 59.331
202503 39.042 127.779 40.137
202506 41.673 128.412 42.631
202509 44.520 129.255 45.246
202512 60.720 129.361 61.660
202603 40.292 131.258 40.324
202606 45.166 131.364 45.166

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 €194.59 mean?
Draegerwerk AG KGaA (HAM:DRW8) has a Cyclically Adjusted Revenue per Share of €194.59 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 Draegerwerk AG KGaA and its competitors.
Is Draegerwerk AG KGaA's Cyclically Adjusted Revenue per Share too high?
Draegerwerk AG KGaA's current Cyclically Adjusted Revenue per Share is €194.59. Overall, Draegerwerk AG KGaA has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Draegerwerk AG KGaA's Cyclically Adjusted Revenue per Share compare to ABT and SYK?
Draegerwerk AG KGaA's Cyclically Adjusted Revenue per Share of €194.59 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Cyclically Adjusted Revenue per Share depends on the Medical Devices & Instruments 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 Draegerwerk AG KGaA and its competitors. Draegerwerk AG KGaA's current Cyclically Adjusted Revenue per Share is €194.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Draegerwerk AG KGaA stock overvalued right now?
Based on GuruFocus' analysis, Draegerwerk AG KGaA (HAM:DRW8) is currently considered Significantly Overvalued. The stock's GF Value™ is €51.08, compared to a current price of €84.40 — trading 65.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €194.59. Draegerwerk AG KGaA's overall GF Score™ is 75/100 with 5 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 Draegerwerk AG KGaA (HAM:DRW8), the current Cyclically Adjusted Revenue per Share is €194.59 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 Draegerwerk AG KGaA (HAM:DRW8) Overvalued in 2026?

Based on GuruFocus' analysis, Draegerwerk AG KGaA stock appears to be overvalued. The current stock price of €84.40 is trading 65.2% above its estimated GF Value™ of €51.08. GuruFocus considers Draegerwerk AG KGaA to be Significantly Overvalued.

Key valuation signals for HAM:DRW8:

  • Cyclically Adjusted Revenue per Share: €194.59
  • GF Value™: €51.08 vs. price of €84.40 (65.2% above fair value)
  • GF Score™: 75/100 with 5 warning signs

No single metric tells the full story. See the HAM:DRW8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Draegerwerk AG KGaA Business Description

Address Moislinger Allee 53 - 55, Lubeck, DEU, 23542
Draegerwerk AG & Co KGaA develops medical and safety equipment for clinical and industrial applications. The firm operates in two segments: medical and safety. The medical division contributes the majority of revenue, it develops and produces system solutions, equipment, and services for the acute point of care, it has five business units Therapy, Hospital Consumables & Accessories, Workplace Infrastructure, Monitoring, and Data Business. Its safety division develops and produces devices, system solutions, and services for personal protection, gas detection, and integrated hazard management. Its geographical segments are Europe; Germany; the Americas; Africa, Asia, and Australia.
75GF Score

Get the complete analysis for HAM:DRW8

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

€84.40
Price
€51.08
GF Value