Adobe (MEX:ADBE) Cyclically Adjusted Revenue per Share: MXN671.71 (As of May. 2026)

Author: Vera Yuan Vera Yuan
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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.
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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.

MEX:ADBE Adobe Inc MEX:ADBE
89 GF Score
Price MXN3,900.00
GF Value MXN10,144.76
Valuation Significantly Undervalued
View Full Analysis

What is Adobe Cyclically Adjusted Revenue per Share?

Adobe MEX:ADBE +1.48% 89 Cyclically Adjusted Revenue per Share is MXN671.71 as of May. 2026. GuruFocus rates MEX:ADBE with a GF Score™ of 89/100 and a GF Value™ of MXN10,144.76 (Significantly Undervalued).

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.

Adobe's adjusted revenue per share for the three months ended in May. 2026 was MXN285.624. 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 MXN671.71 for the trailing ten years ended in May. 2026.

During the past 12 months, Adobe's average Cyclically Adjusted Revenue Growth Rate was 18.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 17.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 19.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 17.30% 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 Adobe was 21.00% per year. The lowest was 7.70% per year. And the median was 12.90% per year.

As of today (2026-07-16), Adobe's current stock price is MXN3900.00. Adobe's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was MXN671.71. Adobe's Cyclically Adjusted PS Ratio of today is 5.81.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Adobe was 40.93. The lowest was 5.03. And the median was 20.80.


Adobe  (MEX:ADBE) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3900.00/671.71
=5.81

* 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 Adobe was 40.93. The lowest was 5.03. And the median was 20.80.


Be Aware

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


Adobe Cyclically Adjusted Revenue per Share Related Terms


Adobe Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Adobe'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.

Adobe Cyclically Adjusted Revenue per Share Chart

Adobe Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 383.21 406.34 445.35 609.21 645.73

Adobe Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 637.02 633.25 645.73 623.46 671.71

MEX:ADBE vs DDOG, SNOW, INTU: Cyclically Adjusted Revenue per Share Comparison

For the Software - Application subindustry, Adobe'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.


Adobe Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Adobe's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:ADBE
89GF Score
Adobe Inc MEX:ADBE
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adobe 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, Adobe's adjusted Revenue per Share data for the three months ended in May. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=285.624/335.1230*335.1230
=285.624

Current CPI (May. 2026) = 335.1230.

Adobe Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 54.787 240.849 76.232
201611 65.570 241.353 91.045
201702 67.142 243.603 92.367
201705 66.074 244.733 90.478
201708 65.444 245.519 89.328
201711 74.584 246.669 101.329
201802 78.426 248.991 105.555
201805 88.125 251.588 117.385
201808 88.594 252.146 117.749
201811 100.809 252.038 134.041
201902 101.434 252.776 134.478
201905 109.559 256.092 143.369
201908 115.827 256.558 151.296
201911 119.210 257.208 155.322
202002 124.970 258.678 161.901
202005 142.985 256.394 186.890
202008 145.491 259.918 187.588
202011 143.140 260.229 184.336
202102 169.257 263.014 215.661
202105 158.901 269.195 197.817
202108 164.223 273.567 201.175
202111 183.309 277.948 221.016
202202 183.069 283.716 216.240
202205 182.487 292.296 209.225
202208 189.853 296.171 214.822
202211 188.454 297.711 212.136
202302 185.643 300.840 206.798
202305 186.227 304.127 205.207
202308 179.843 307.026 196.301
202311 191.096 307.051 208.567
202402 193.848 310.326 209.338
202405 200.047 314.069 213.457
202408 238.115 314.796 253.491
202411 257.330 315.493 273.341
202502 267.767 319.082 281.228
202505 265.998 321.465 277.299
202508 266.360 323.976 275.525
202511 271.472 324.122 280.686
202602 268.073 326.785 274.913
202605 285.624 335.123 285.624

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 MXN671.71 mean?
Adobe (MEX:ADBE) has a Cyclically Adjusted Revenue per Share of MXN671.71 as of May. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Adobe and its competitors.
Is Adobe's Cyclically Adjusted Revenue per Share too high?
Adobe's current Cyclically Adjusted Revenue per Share is MXN671.71. Overall, Adobe has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adobe's Cyclically Adjusted Revenue per Share compare to DDOG and SNOW?
Adobe's Cyclically Adjusted Revenue per Share of MXN671.71 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Revenue per Share depends on the Software 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 Adobe and its competitors. Adobe's current Cyclically Adjusted Revenue per Share is MXN671.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adobe stock overvalued right now?
Based on GuruFocus' analysis, Adobe (MEX:ADBE) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN10,144.76, compared to a current price of MXN3,900.00 — trading 61.6% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN671.71. Adobe's overall GF Score™ is 89/100. 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 Adobe (MEX:ADBE), the current Cyclically Adjusted Revenue per Share is MXN671.71 as of May. 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 Adobe (MEX:ADBE) Overvalued in 2026?

Based on GuruFocus' analysis, Adobe stock appears to be undervalued. The current stock price of MXN3,900.00 is trading 61.6% below its estimated GF Value™ of MXN10,144.76. GuruFocus considers Adobe to be Significantly Undervalued.

Key valuation signals for MEX:ADBE:

  • Cyclically Adjusted Revenue per Share: MXN671.71
  • GF Value™: MXN10,144.76 vs. price of MXN3,900.00 (61.6% below fair value)
  • GF Score™: 89/100

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


Adobe Business Description

Address 345 Park Avenue, San Jose, CA, USA, 95110-2704
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
89GF Score

Get the complete analysis for MEX:ADBE

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

MXN3,900.00
Price
MXN10,144.76
GF Value