Patrizia SE (HAM:PAT) Cyclically Adjusted Revenue per Share: €4.55 (As of Dec. 2025)


HAM:PAT Patrizia SE HAM:PAT
66 GF Score
Price €8.12
GF Value €7.43
Valuation Fairly Valued
! 10 Warning Signs
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What is Patrizia SE Cyclically Adjusted Revenue per Share?

Patrizia SE HAM:PAT -0.49% 66 Cyclically Adjusted Revenue per Share is €4.55 as of Dec. 2025. GuruFocus rates HAM:PAT with a GF Score™ of 66/100 and a GF Value™ of €7.43 (Fairly Valued). The stock has 10 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.

Patrizia SE's adjusted revenue per share for the three months ended in Dec. 2025 was €0.801. 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 €4.55 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Patrizia SE's average Cyclically Adjusted Revenue Growth Rate was -4.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.60% 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 Patrizia SE was 6.50% per year. The lowest was 0.20% per year. And the median was 2.80% per year.

As of today (2026-07-12), Patrizia SE's current stock price is €8.12. Patrizia SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was €4.55. Patrizia SE's Cyclically Adjusted PS Ratio of today is 1.78.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Patrizia SE was 6.63. The lowest was 1.44. And the median was 4.04.


Patrizia SE  (HAM:PAT) 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.

Patrizia SE's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8.12/4.55
=1.78

* 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 Patrizia SE was 6.63. The lowest was 1.44. And the median was 4.04.


Be Aware

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


Patrizia SE Cyclically Adjusted Revenue per Share Related Terms


Patrizia SE Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Patrizia SE'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.

Patrizia SE Cyclically Adjusted Revenue per Share Chart

Patrizia SE 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 4.20 4.58 4.86 4.82 4.55

Patrizia SE Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 Premium Member Only Premium Member Only 4.82 4.78 4.87 4.71 4.55

HAM:PAT vs CBRE, BEKE, JLL: Cyclically Adjusted Revenue per Share Comparison

For the Real Estate Services subindustry, Patrizia SE'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.


Patrizia SE Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Patrizia SE's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


HAM:PAT
66GF Score
Patrizia SE HAM:PAT
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Patrizia SE 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, Patrizia SE's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.801/129.3606*129.3606
=0.801

Current CPI (Dec. 2025) = 129.3606.

Patrizia SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 5.288 100.017 6.839
201606 0.808 100.717 1.038
201609 0.813 101.017 1.041
201612 1.258 101.217 1.608
201703 0.488 101.417 0.622
201706 0.644 102.117 0.816
201709 0.630 102.717 0.793
201712 0.957 102.617 1.206
201803 0.910 102.917 1.144
201806 0.860 104.017 1.070
201809 0.916 104.718 1.132
201812 1.216 104.217 1.509
201903 0.634 104.217 0.787
201906 1.338 105.718 1.637
201909 0.671 106.018 0.819
201912 1.711 105.818 2.092
202003 0.732 105.718 0.896
202006 0.888 106.618 1.077
202009 0.846 105.818 1.034
202012 0.876 105.518 1.074
202103 0.651 107.518 0.783
202106 0.908 108.486 1.083
202109 1.012 109.435 1.196
202112 1.000 110.384 1.172
202203 0.910 113.968 1.033
202206 0.874 115.760 0.977
202209 1.000 118.818 1.089
202212 1.174 119.345 1.273
202303 0.733 122.402 0.775
202306 0.742 123.140 0.779
202309 0.875 124.195 0.911
202312 0.953 123.773 0.996
202403 0.669 125.038 0.692
202406 0.767 125.882 0.788
202409 0.721 126.198 0.739
202412 0.731 127.041 0.744
202503 0.674 127.779 0.682
202506 0.713 128.412 0.718
202509 0.656 129.255 0.657
202512 0.801 129.361 0.801

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 €4.55 mean?
Patrizia SE (HAM:PAT) has a Cyclically Adjusted Revenue per Share of €4.55 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 Patrizia SE and its competitors.
Is Patrizia SE's Cyclically Adjusted Revenue per Share too high?
Patrizia SE's current Cyclically Adjusted Revenue per Share is €4.55. Overall, Patrizia SE has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Patrizia SE's Cyclically Adjusted Revenue per Share compare to CBRE and BEKE?
Patrizia SE's Cyclically Adjusted Revenue per Share of €4.55 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Revenue per Share depends on the Real Estate 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 Patrizia SE and its competitors. Patrizia SE's current Cyclically Adjusted Revenue per Share is €4.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patrizia SE stock overvalued right now?
Based on GuruFocus' analysis, Patrizia SE (HAM:PAT) is currently considered Fairly Valued. The stock's GF Value™ is €7.43, compared to a current price of €8.12 — trading 9.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €4.55. Patrizia SE's overall GF Score™ is 66/100 with 10 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 Patrizia SE (HAM:PAT), the current Cyclically Adjusted Revenue per Share is €4.55 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 Patrizia SE (HAM:PAT) Overvalued in 2026?

Based on GuruFocus' analysis, Patrizia SE stock appears to be overvalued. The current stock price of €8.12 is trading 9.3% above its estimated GF Value™ of €7.43. GuruFocus considers Patrizia SE to be Fairly Valued.

Key valuation signals for HAM:PAT:

  • Cyclically Adjusted Revenue per Share: €4.55
  • GF Value™: €7.43 vs. price of €8.12 (9.3% above fair value)
  • GF Score™: 66/100 with 10 warning signs

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


Patrizia SE Business Description

Address Fuggerstrasse 20, Augsburg, BY, DEU, 86150
PATRIZIA SE is a European independent real asset investment manager. The company provides investment opportunities in real assets for institutional, semi-professional, and private investors, with a focus on real estate and infrastructure. Its investment activities are aligned with sectors related to digital, urban, energy, and living-related developments and trends.
66GF Score

Get the complete analysis for HAM:PAT

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

€8.12
Price
€7.43
GF Value