Harboes Bryggeri AS (LTS:0ENE) Cyclically Adjusted Revenue per Share: kr404.28 (As of Apr. 2026)

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LTS:0ENE Harboes Bryggeri AS LTS:0ENE
67 GF Score
Price kr110.20
GF Value kr124.32
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Harboes Bryggeri AS Cyclically Adjusted Revenue per Share?

Harboes Bryggeri AS LTS:0ENE 67 Cyclically Adjusted Revenue per Share is kr404.28 as of Apr. 2026. GuruFocus rates LTS:0ENE with a GF Score™ of 67/100 and a GF Value™ of kr124.32 (Modestly Undervalued). 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.

Harboes Bryggeri AS's adjusted revenue per share for the three months ended in Apr. 2026 was kr103.136. 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 kr404.28 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Harboes Bryggeri AS's average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.20% 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 Harboes Bryggeri AS was 5.30% per year. The lowest was 4.00% per year. And the median was 5.00% per year.

As of today (2026-07-19), Harboes Bryggeri AS's current stock price is kr110.20. Harboes Bryggeri AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was kr404.28. Harboes Bryggeri AS's Cyclically Adjusted PS Ratio of today is 0.27.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Harboes Bryggeri AS was 0.70. The lowest was 0.17. And the median was 0.26.


Harboes Bryggeri AS  (LTS:0ENE) 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.

Harboes Bryggeri AS's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=110.20/404.28
=0.27

* 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 Harboes Bryggeri AS was 0.70. The lowest was 0.17. And the median was 0.26.


Be Aware

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


Harboes Bryggeri AS Cyclically Adjusted Revenue per Share Related Terms


Harboes Bryggeri AS Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Harboes Bryggeri AS'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.

Harboes Bryggeri AS Cyclically Adjusted Revenue per Share Chart

Harboes Bryggeri AS Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 476.59 539.61 347.10 377.90 404.28

Harboes Bryggeri AS Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 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 377.90 393.04 392.03 392.39 404.28

LTS:0ENE vs BUD, STZ, TAP: Cyclically Adjusted Revenue per Share Comparison

For the Beverages - Brewers subindustry, Harboes Bryggeri AS'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.


Harboes Bryggeri AS Cyclically Adjusted PS Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Harboes Bryggeri AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


LTS:0ENE
67GF Score
Harboes Bryggeri AS LTS:0ENE
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Harboes Bryggeri AS 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, Harboes Bryggeri AS's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=103.136/121.9700*121.9700
=103.136

Current CPI (Apr. 2026) = 121.9700.

Harboes Bryggeri AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 74.521 99.800 91.075
201407 79.332 99.500 97.247
201410 72.845 99.800 89.027
201501 64.878 98.800 80.093
201504 71.941 100.300 87.484
201507 82.138 100.200 99.984
201510 75.705 100.100 92.245
201604 0.000 100.300 0.000
201610 0.000 100.400 0.000
201704 0.000 101.400 0.000
201710 0.000 101.900 0.000
201804 0.000 102.200 0.000
201810 0.000 102.700 0.000
201904 0.000 103.200 0.000
201910 0.000 103.300 0.000
202004 0.000 103.200 0.000
202007 80.697 104.000 94.641
202010 84.237 103.700 99.078
202101 69.712 103.600 82.073
202104 79.766 104.700 92.923
202107 90.080 105.700 103.946
202110 86.524 106.800 98.814
202201 70.792 108.100 79.875
202204 88.500 111.700 96.637
202207 99.669 114.900 105.802
202210 95.922 117.600 99.486
202301 93.781 116.400 98.269
202304 94.630 117.600 98.146
202307 115.654 118.500 119.041
202310 106.951 117.700 110.831
202401 99.614 117.800 103.140
202404 108.186 118.500 111.354
202407 118.839 119.800 120.992
202410 111.881 119.600 114.098
202501 102.968 119.600 105.008
202504 98.030 120.300 99.391
202507 109.115 122.500 108.643
202510 105.627 122.100 105.515
202601 94.392 120.510 95.536
202604 103.136 121.970 103.136

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 kr404.28 mean?
Harboes Bryggeri AS (LTS:0ENE) has a Cyclically Adjusted Revenue per Share of kr404.28 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 Harboes Bryggeri AS and its competitors.
Is Harboes Bryggeri AS's Cyclically Adjusted Revenue per Share too high?
Harboes Bryggeri AS's current Cyclically Adjusted Revenue per Share is kr404.28. Overall, Harboes Bryggeri AS has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harboes Bryggeri AS's Cyclically Adjusted Revenue per Share compare to BUD and STZ?
Harboes Bryggeri AS's Cyclically Adjusted Revenue per Share of kr404.28 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Cyclically Adjusted Revenue per Share depends on the Beverages - Alcoholic 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 Harboes Bryggeri AS and its competitors. Harboes Bryggeri AS's current Cyclically Adjusted Revenue per Share is kr404.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harboes Bryggeri AS stock overvalued right now?
Based on GuruFocus' analysis, Harboes Bryggeri AS (LTS:0ENE) is currently considered Modestly Undervalued. The stock's GF Value™ is kr124.32, compared to a current price of kr110.20 — trading 11.4% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is kr404.28. Harboes Bryggeri AS's overall GF Score™ is 67/100 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 Harboes Bryggeri AS (LTS:0ENE), the current Cyclically Adjusted Revenue per Share is kr404.28 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 Harboes Bryggeri AS (LTS:0ENE) Overvalued in 2026?

Based on GuruFocus' analysis, Harboes Bryggeri AS stock appears to be undervalued. The current stock price of kr110.20 is trading 11.4% below its estimated GF Value™ of kr124.32. GuruFocus considers Harboes Bryggeri AS to be Modestly Undervalued.

Key valuation signals for LTS:0ENE:

  • Cyclically Adjusted Revenue per Share: kr404.28
  • GF Value™: kr124.32 vs. price of kr110.20 (11.4% below fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the LTS:0ENE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harboes Bryggeri AS Business Description

Other Exchanges HARB B:Denmark
Address Spegerborgvej 34, Skaelskor, DNK, 4230
Harboes Bryggeri AS is a Denmark-based company which is engaged in the production and sale of alcoholic and non-alcoholic beverages. The product portfolio of the company includes beer, soft drinks, non-alcoholic malt and dark malt, energy drinks, juices, ciders, water, and others. Harboes has its presence in Denmark, Germany, and other countries. The majority of the company's revenue comes from Germany.
67GF Score

Get the complete analysis for LTS:0ENE

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

kr110.20
Price
kr124.32
GF Value