Elisa Oyj (HAM:EIA) Cyclically Adjusted Revenue per Share: €14.40 (As of Jun. 2026)

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HAM:EIA Elisa Oyj HAM:EIA
89 GF Score
Price €34.14
GF Value €44.63
! 2 Warning Signs
View Full Analysis

What is Elisa Oyj Cyclically Adjusted Revenue per Share?

Elisa Oyj HAM:EIA -2.01% 89 Cyclically Adjusted Revenue per Share is €14.40 as of Jun. 2026. GuruFocus rates HAM:EIA with a GF Score™ of 89/100 and a GF Value™ of €44.63. 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.

Elisa Oyj's adjusted revenue per share for the three months ended in Jun. 2026 was €3.428. 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 €14.40 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Elisa Oyj's average Cyclically Adjusted Revenue Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.10% 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 Elisa Oyj was 6.80% per year. The lowest was 1.90% per year. And the median was 4.25% per year.

As of today (2026-07-23), Elisa Oyj's current stock price is €34.14. Elisa Oyj's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €14.40. Elisa Oyj's Cyclically Adjusted PS Ratio of today is 2.37.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Elisa Oyj was 5.41. The lowest was 2.46. And the median was 3.59.


Elisa Oyj  (HAM:EIA) 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.

Elisa Oyj's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=34.14/14.40
=2.37

* 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 Elisa Oyj was 5.41. The lowest was 2.46. And the median was 3.59.


Be Aware

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


Elisa Oyj Cyclically Adjusted Revenue per Share Related Terms


Elisa Oyj Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Elisa Oyj'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.

Elisa Oyj Cyclically Adjusted Revenue per Share Chart

Elisa Oyj 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 0.00

Elisa Oyj 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 0.00 0.00 0.00 14.12 14.40

HAM:EIA vs TMUS, VZ, T: Cyclically Adjusted Revenue per Share Comparison

For the Telecom Services subindustry, Elisa Oyj'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.


Elisa Oyj Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Elisa Oyj's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


HAM:EIA
89GF Score
Elisa Oyj HAM:EIA
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elisa Oyj 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, Elisa Oyj'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)
=3.428/125.3800*125.3800
=3.428

Current CPI (Jun. 2026) = 125.3800.

Elisa Oyj Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.623 100.540 3.271
201612 2.719 101.020 3.375
201703 2.604 100.910 3.235
201706 2.788 101.140 3.456
201709 2.845 101.320 3.521
201712 2.962 101.510 3.659
201803 2.816 101.730 3.471
201806 2.864 102.320 3.509
201809 2.841 102.600 3.472
201812 2.946 102.710 3.596
201903 2.751 102.870 3.353
201906 2.824 103.360 3.426
201909 2.907 103.540 3.520
201912 3.048 103.650 3.687
202003 2.925 103.490 3.544
202006 2.879 103.320 3.494
202009 2.920 103.710 3.530
202012 3.112 103.890 3.756
202103 3.007 104.870 3.595
202106 3.023 105.360 3.597
202109 3.100 106.290 3.657
202112 3.343 107.490 3.899
202203 3.190 110.950 3.605
202206 3.254 113.570 3.592
202209 3.330 114.920 3.633
202212 3.507 117.320 3.748
202303 3.365 119.750 3.523
202306 3.320 120.690 3.449
202309 3.394 121.280 3.509
202312 3.509 121.540 3.620
202403 3.330 122.360 3.412
202406 3.371 122.230 3.458
202409 3.336 122.260 3.421
202412 3.608 122.390 3.696
202503 3.462 123.010 3.529
202506 3.439 122.530 3.519
202509 3.490 122.880 3.561
202512 3.662 122.670 3.743
202603 3.414 124.670 3.433
202606 3.428 125.380 3.428

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 €14.40 mean?
Elisa Oyj (HAM:EIA) has a Cyclically Adjusted Revenue per Share of €14.40 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 Elisa Oyj and its competitors.
Is Elisa Oyj's Cyclically Adjusted Revenue per Share too high?
Elisa Oyj's current Cyclically Adjusted Revenue per Share is €14.40. Overall, Elisa Oyj has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Elisa Oyj's Cyclically Adjusted Revenue per Share compare to TMUS and VZ?
Elisa Oyj's Cyclically Adjusted Revenue per Share of €14.40 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Cyclically Adjusted Revenue per Share depends on the Telecommunication Services 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 Elisa Oyj and its competitors. Elisa Oyj's current Cyclically Adjusted Revenue per Share is €14.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elisa Oyj stock overvalued right now?
Elisa Oyj (HAM:EIA) has a current Cyclically Adjusted Revenue per Share of €14.40. The stock's GF Value™ is €44.63, compared to a current price of €34.14 — trading 23.5% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €14.40. Elisa Oyj's overall GF Score™ is 89/100 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 Elisa Oyj (HAM:EIA), the current Cyclically Adjusted Revenue per Share is €14.40 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 Elisa Oyj (HAM:EIA) Overvalued in 2026?

Based on GuruFocus' analysis, Elisa Oyj stock appears to be undervalued. The current stock price of €34.14 is trading 23.5% below its estimated GF Value™ of €44.63.

Key valuation signals for HAM:EIA:

  • Cyclically Adjusted Revenue per Share: €14.40
  • GF Value™: €44.63 vs. price of €34.14 (23.5% below fair value)
  • GF Score™: 89/100 with 2 warning signs

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


Elisa Oyj Business Description

Address Ratavartijankatu 5, Helsinki, FIN, 00520
Elisa Oyj is a telecommunications company that operates in two segments, Consumer Customers and Corporate Customers. The Consumer Customers segment provides consumers with telecommunications and communications services, such as fixed and mobile subscriptions with supplementary digital services, cable TV subscriptions, and Elisa Viihde entertainment service. The Corporate Customers segment provides corporate and public administration organizations with services such as IT and communication solutions for the digital environment and fixed and mobile subscriptions. The majority of revenue is generated from the Consumer Customers segment. The company generates the majority of its revenue in Finland.
89GF Score

Get the complete analysis for HAM:EIA

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

€34.14
Price
€44.63
GF Value