Safestore Holdings (LSE:SAFE) Cyclically Adjusted Revenue per Share: £0.98 (As of Apr. 2026)

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LSE:SAFE Safestore Holdings PLC LSE:SAFE
79 GF Score
Price £6.01
GF Value £8.11
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Safestore Holdings Cyclically Adjusted Revenue per Share?

Safestore Holdings LSE:SAFE +0.17% 79 Cyclically Adjusted Revenue per Share is £0.98 as of Apr. 2026. GuruFocus rates LSE:SAFE with a GF Score™ of 79/100 and a GF Value™ of £8.11 (Modestly Undervalued). The stock has 6 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.

Safestore Holdings's adjusted revenue per share data for the fiscal year that ended in Oct. 2025 was £1.066. 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 £0.98 for the trailing ten years ended in Oct. 2025.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.10% 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 Safestore Holdings was 10.70% per year. The lowest was 3.90% per year. And the median was 5.50% per year.

As of today (2026-07-14), Safestore Holdings's current stock price is £ 6.01. Safestore Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Oct. 2025 was £0.98. Safestore Holdings's Cyclically Adjusted PS Ratio of today is 6.13.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Safestore Holdings was 21.03. The lowest was 6.06. And the median was 10.11.


Safestore Holdings  (LSE:SAFE) 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.

Safestore Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=6.01/0.98
=6.13

* 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 Safestore Holdings was 21.03. The lowest was 6.06. And the median was 10.11.


Be Aware

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


Safestore Holdings Cyclically Adjusted Revenue per Share Related Terms


Safestore Holdings Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Safestore Holdings'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.

Safestore Holdings Cyclically Adjusted Revenue per Share Chart

Safestore Holdings Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.77 0.84 0.90 0.98

Safestore Holdings Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 0.90 0.00 0.98 0.00

LSE:SAFE vs PLD, PSA, EXR: Cyclically Adjusted Revenue per Share Comparison

For the REIT - Industrial subindustry, Safestore Holdings'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.


Safestore Holdings Cyclically Adjusted PS Ratio vs REITs Industry

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

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


LSE:SAFE
79GF Score
Safestore Holdings PLC LSE:SAFE
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Safestore Holdings 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, Safestore Holdings's adjusted Revenue per Share data for the fiscal year that ended in Oct. 2025 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Oct. 2025 (Change)*Current CPI (Oct. 2025)
=1.066/139.5000*139.5000
=1.066

Current CPI (Oct. 2025) = 139.5000.

Safestore Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201610 0.550 101.600 0.755
201710 0.618 104.400 0.826
201810 0.684 106.700 0.894
201910 0.720 108.300 0.927
202010 0.766 109.200 0.979
202110 0.856 113.400 1.053
202210 0.971 124.300 1.090
202310 1.028 130.200 1.101
202410 1.021 134.300 1.061
202510 1.066 139.500 1.066

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 £0.98 mean?
Safestore Holdings (LSE:SAFE) has a Cyclically Adjusted Revenue per Share of £0.98 as of Apr. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Safestore Holdings and its competitors.
Is Safestore Holdings' Cyclically Adjusted Revenue per Share too high?
Safestore Holdings' current Cyclically Adjusted Revenue per Share is £0.98. Overall, Safestore Holdings has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Safestore Holdings' Cyclically Adjusted Revenue per Share compare to PLD and PSA?
Safestore Holdings' Cyclically Adjusted Revenue per Share of £0.98 can be compared against companies in the REITs 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 REITs company?
A good Cyclically Adjusted Revenue per Share depends on the REITs 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 Safestore Holdings and its competitors. Safestore Holdings's current Cyclically Adjusted Revenue per Share is £0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safestore Holdings stock overvalued right now?
Based on GuruFocus' analysis, Safestore Holdings (LSE:SAFE) is currently considered Modestly Undervalued. The stock's GF Value™ is £8.11, compared to a current price of £6.01 — trading 25.9% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is £0.98. Safestore Holdings' overall GF Score™ is 79/100 with 6 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 Safestore Holdings (LSE:SAFE), the current Cyclically Adjusted Revenue per Share is £0.98 as of Apr. 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 Safestore Holdings (LSE:SAFE) Overvalued in 2026?

Based on GuruFocus' analysis, Safestore Holdings stock appears to be undervalued. The current stock price of £6.01 is trading 25.9% below its estimated GF Value™ of £8.11. GuruFocus considers Safestore Holdings to be Modestly Undervalued.

Key valuation signals for LSE:SAFE:

  • Cyclically Adjusted Revenue per Share: £0.98
  • GF Value™: £8.11 vs. price of £6.01 (25.9% below fair value)
  • GF Score™: 79/100 with 6 warning signs

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


Safestore Holdings Business Description

Industry Real EstateREITs
Address Brittanic House, Stirling Way, Borehamwood, Hertfordshire, GBR, WD6 2BT
Safestore Holdings PLC is a real estate investment trust that owns and leases storage space located in Paris and the United Kingdom. The company focuses on provision of self-storage accommodation and related services. The company operates in three segments based on geographical areas, being the United Kingdom, Paris in France and Expansion Markets (Spain, the Netherlands and Belgium). It also derives revenue from the rental of self-storage space and the sale of ancillary products such as StoreProtect and merchandise (e.g. packing materials and padlocks).
79GF Score

Get the complete analysis for LSE:SAFE

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

£6.01
Price
£8.11
GF Value