Havsfrun Investment AB (LTS:0I26) Cyclically Adjusted Revenue per Share: kr1.38 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0I26 Havsfrun Investment AB LTS:0I26
57 GF Score
Price kr14.30
GF Value kr18.23
! 2 Warning Signs
View Full Analysis

What is Havsfrun Investment AB Cyclically Adjusted Revenue per Share?

Havsfrun Investment AB LTS:0I26 57 Cyclically Adjusted Revenue per Share is kr1.38 as of Mar. 2026. GuruFocus rates LTS:0I26 with a GF Score™ of 57/100 and a GF Value™ of kr18.23. 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.

Havsfrun Investment AB's adjusted revenue per share for the three months ended in Mar. 2026 was kr-0.035. 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 kr1.38 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Havsfrun Investment AB's average Cyclically Adjusted Revenue Growth Rate was 68.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -14.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -3.40% 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 Havsfrun Investment AB was 25.80% per year. The lowest was -14.00% per year. And the median was 6.55% per year.

As of today (2026-08-05), Havsfrun Investment AB's current stock price is kr14.30. Havsfrun Investment AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was kr1.38. Havsfrun Investment AB's Cyclically Adjusted PS Ratio of today is 10.36.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Havsfrun Investment AB was 23.68. The lowest was 6.19. And the median was 14.84.


Havsfrun Investment AB  (LTS:0I26) 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.

Havsfrun Investment AB's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.30/1.38
=10.36

* 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 Havsfrun Investment AB was 23.68. The lowest was 6.19. And the median was 14.84.


Be Aware

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


Havsfrun Investment AB Cyclically Adjusted Revenue per Share Related Terms


Havsfrun Investment AB Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Havsfrun Investment AB'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.

Havsfrun Investment AB Cyclically Adjusted Revenue per Share Chart

Havsfrun Investment AB 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 1.30 2.25 1.78 1.62 1.20

Havsfrun Investment AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.82 1.14 1.75 1.20 1.38

LTS:0I26 vs MS, GS, SCHW: Cyclically Adjusted Revenue per Share Comparison

For the Capital Markets subindustry, Havsfrun Investment AB'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.


Havsfrun Investment AB Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Havsfrun Investment AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


LTS:0I26
57GF Score
Havsfrun Investment AB LTS:0I26
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Havsfrun Investment AB 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, Havsfrun Investment AB's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.035/133.5600*133.5600
=-0.035

Current CPI (Mar. 2026) = 133.5600.

Havsfrun Investment AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.515 101.019 0.681
201609 0.467 101.138 0.617
201612 0.350 102.022 0.458
201703 0.000 102.022 0.000
201706 0.000 102.752 0.000
201709 0.000 103.279 0.000
201712 0.031 103.793 0.040
201803 0.018 103.962 0.023
201806 0.016 104.875 0.020
201809 0.015 105.679 0.019
201812 0.016 105.912 0.020
201903 0.002 105.886 0.003
201906 0.006 106.742 0.008
201909 0.000 107.214 0.000
201912 0.677 107.766 0.839
202003 0.000 106.563 0.000
202006 0.000 107.498 0.000
202009 0.000 107.635 0.000
202012 2.709 108.296 3.341
202103 0.000 108.360 0.000
202106 0.000 108.928 0.000
202109 0.000 110.338 0.000
202112 -0.446 112.486 -0.530
202203 0.000 114.825 0.000
202206 0.000 118.384 0.000
202209 0.000 122.296 0.000
202212 1.024 126.365 1.082
202303 0.444 127.042 0.467
202306 0.037 129.407 0.038
202309 -0.040 130.224 -0.041
202312 0.160 131.912 0.162
202403 0.099 132.205 0.100
202406 0.111 132.716 0.112
202409 0.217 132.304 0.219
202412 -0.055 132.987 -0.055
202503 0.412 132.825 0.414
202506 0.437 133.699 0.437
202509 0.696 133.480 0.696
202512 0.151 133.390 0.151
202603 -0.035 133.560 -0.035

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 kr1.38 mean?
Havsfrun Investment AB (LTS:0I26) has a Cyclically Adjusted Revenue per Share of kr1.38 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Havsfrun Investment AB and its competitors.
Is Havsfrun Investment AB's Cyclically Adjusted Revenue per Share too high?
Havsfrun Investment AB's current Cyclically Adjusted Revenue per Share is kr1.38. Overall, Havsfrun Investment AB has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Havsfrun Investment AB's Cyclically Adjusted Revenue per Share compare to MS and GS?
Havsfrun Investment AB's Cyclically Adjusted Revenue per Share of kr1.38 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Cyclically Adjusted Revenue per Share depends on the Capital Markets 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 Havsfrun Investment AB and its competitors. Havsfrun Investment AB's current Cyclically Adjusted Revenue per Share is kr1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Havsfrun Investment AB stock overvalued right now?
Havsfrun Investment AB (LTS:0I26) has a current Cyclically Adjusted Revenue per Share of kr1.38. The stock's GF Value™ is kr18.23, compared to a current price of kr14.30 — trading 21.6% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is kr1.38. Havsfrun Investment AB's overall GF Score™ is 57/100 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 Havsfrun Investment AB (LTS:0I26), the current Cyclically Adjusted Revenue per Share is kr1.38 as of Mar. 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 Havsfrun Investment AB (LTS:0I26) Overvalued in 2026?

Based on GuruFocus' analysis, Havsfrun Investment AB stock appears to be undervalued. The current stock price of kr14.30 is trading 21.6% below its estimated GF Value™ of kr18.23.

Key valuation signals for LTS:0I26:

  • Cyclically Adjusted Revenue per Share: kr1.38
  • GF Value™: kr18.23 vs. price of kr14.30 (21.6% below fair value)
  • GF Score™: 57/100 with 2 warning signs

No single metric tells the full story. See the LTS:0I26 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Havsfrun Investment AB Business Description

Other Exchanges HAV B:Sweden
Address Nybrogatan 6, Box 5855, Stockholm, SWE, 102 40
Havsfrun Investment AB manages diversified multi portfolio consisting of hedge funds which the company, in consultation with its hedge fund adviser, considered to be the foremost in it.
57GF Score

Get the complete analysis for LTS:0I26

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

kr14.30
Price
kr18.23
GF Value