Discovery (JSE:DSY) Cyclically Adjusted Revenue per Share: R124.44 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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JSE:DSY Discovery Ltd JSE:DSY
69 GF Score
Price R272.30
GF Value R270.09
Valuation Fairly Valued
! 3 Warning Signs
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What is Discovery Cyclically Adjusted Revenue per Share?

Discovery JSE:DSY +1.68% 69 Cyclically Adjusted Revenue per Share is R124.44 as of Jun. 2026. GuruFocus rates JSE:DSY with a GF Score™ of 69/100 and a GF Value™ of R270.09 (Fairly Valued). The stock has 3 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.

Discovery's adjusted revenue per share data for the fiscal year that ended in Jun. 2026 was R136.157. 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 R124.44 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Discovery's average Cyclically Adjusted Revenue Growth Rate was 6.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 11.10% 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 Discovery was 23.80% per year. The lowest was 6.60% per year. And the median was 13.70% per year.

As of today (2026-09-16), Discovery's current stock price is R 272.30. Discovery's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun. 2026 was R124.44. Discovery's Cyclically Adjusted PS Ratio of today is 2.19.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Discovery was 3.75. The lowest was 1.00. And the median was 1.82.


Discovery  (JSE:DSY) 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.

Discovery's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=272.30/124.44
=2.19

* 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 Discovery was 3.75. The lowest was 1.00. And the median was 1.82.


Be Aware

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


Discovery Cyclically Adjusted Revenue per Share Related Terms


Discovery Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Discovery'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.

Discovery Cyclically Adjusted Revenue per Share Chart

Discovery Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.38 100.87 109.04 115.52 124.44

Discovery Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 111.92 114.16 118.97 121.73 127.75

JSE:DSY vs MET, AFL, PRU: Cyclically Adjusted Revenue per Share Comparison

For the Insurance - Life subindustry, Discovery'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.


Discovery Cyclically Adjusted PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Discovery's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


JSE:DSY
69GF Score
Discovery Ltd JSE:DSY
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Discovery 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, Discovery's adjusted Revenue per Share data for the fiscal year that ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=136.157/169.0200*169.0200
=136.157

Current CPI (Jun. 2026) = 169.0200.

Discovery Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201706 69.660 112.054 105.074
201806 76.437 116.959 110.461
201906 87.355 122.191 120.833
202006 97.957 124.807 132.658
202106 104.479 131.113 134.686
202206 111.746 140.835 134.110
202306 99.840 148.802 113.406
202406 114.791 156.269 124.158
202506 126.546 160.985 132.862
202606 136.157 169.020 136.157

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 R124.44 mean?
Discovery (JSE:DSY) has a Cyclically Adjusted Revenue per Share of R124.44 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 Discovery and its competitors.
Is Discovery's Cyclically Adjusted Revenue per Share too high?
Discovery's current Cyclically Adjusted Revenue per Share is R124.44. Overall, Discovery has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Discovery's Cyclically Adjusted Revenue per Share compare to MET and AFL?
Discovery's Cyclically Adjusted Revenue per Share of R124.44 can be compared against companies in the Insurance 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 Insurance company?
A good Cyclically Adjusted Revenue per Share depends on the Insurance 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 Discovery and its competitors. Discovery's current Cyclically Adjusted Revenue per Share is R124.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Discovery stock overvalued right now?
Based on GuruFocus' analysis, Discovery (JSE:DSY) is currently considered Fairly Valued. The stock's GF Value™ is R270.09, compared to a current price of R272.30 — trading 0.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is R124.44. Discovery's overall GF Score™ is 69/100 with 3 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 Discovery (JSE:DSY), the current Cyclically Adjusted Revenue per Share is R124.44 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 Discovery (JSE:DSY) Overvalued in 2026?

Based on GuruFocus' analysis, Discovery stock appears to be overvalued. The current stock price of R272.30 is trading 0.8% above its estimated GF Value™ of R270.09. GuruFocus considers Discovery to be Fairly Valued.

Key valuation signals for JSE:DSY:

  • Cyclically Adjusted Revenue per Share: R124.44
  • GF Value™: R270.09 vs. price of R272.30 (0.8% above fair value)
  • GF Score™: 69/100 with 3 warning signs

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


Discovery Business Description

Other Exchanges DSBP.PFD:South Africa
Address 1 Discovery Place, Sandton, Johannesburg, GT, ZAF, 2196
Discovery Ltd is a financial services organization. It operates in the healthcare, life insurance, short-term insurance, long-term savings, banking and wellness markets. It specializes in health insurance, life assurance, wellness, investments and savings, short-term insurance, and banking. The company generates revenue through its insurance and financial services, with primary markets in South Africa and the UK, and presence in Canada, the USA, Singapore, Australia, and China.
69GF Score

Get the complete analysis for JSE:DSY

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

R272.30
Price
R270.09
GF Value