Icon (MEX:ICLRN) Cyclically Adjusted Revenue per Share: MXN879.92 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:ICLRN Icon PLC MEX:ICLRN
96 GF Score
Price MXN1,850.28
GF Value MXN2,322.87
! 5 Warning Signs
View Full Analysis

What is Icon Cyclically Adjusted Revenue per Share?

Icon MEX:ICLRN 96 Cyclically Adjusted Revenue per Share is MXN879.92 as of Jun. 2026. GuruFocus rates MEX:ICLRN with a GF Score™ of 96/100 and a GF Value™ of MXN2,322.87. 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.

Icon's adjusted revenue per share for the three months ended in Jun. 2026 was MXN465.365. 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 MXN879.92 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Icon's average Cyclically Adjusted Revenue Growth Rate was 13.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 15.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 19.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 16.40% 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 Icon was 23.60% per year. The lowest was 4.60% per year. And the median was 8.30% per year.

As of today (2026-08-12), Icon's current stock price is MXN1850.28. Icon's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN879.92. Icon's Cyclically Adjusted PS Ratio of today is 2.10.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Icon was 8.20. The lowest was 1.20. And the median was 5.05.


Icon  (MEX:ICLRN) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1850.28/879.92
=2.10

* 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 Icon was 8.20. The lowest was 1.20. And the median was 5.05.


Be Aware

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


Icon Cyclically Adjusted Revenue per Share Related Terms


Icon Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Icon'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.

Icon Cyclically Adjusted Revenue per Share Chart

Icon 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 717.36 1,369.35 990.92 1,394.49 1,279.42

Icon Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 2,147.90 1,291.04 1,279.42 1,343.32 879.92

MEX:ICLRN vs RVTY, CRL, MEDP: Cyclically Adjusted Revenue per Share Comparison

For the Diagnostics & Research subindustry, Icon'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.


Icon Cyclically Adjusted PS Ratio vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Icon's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:ICLRN
96GF Score
Icon PLC MEX:ICLRN
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=465.365/128.6700*128.6700
=465.365

Current CPI (Jun. 2026) = 128.6700.

Icon Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 143.434 100.274 184.052
201612 159.621 99.676 206.052
201703 146.884 100.374 188.292
201706 142.876 100.673 182.610
201709 145.938 100.474 186.893
201712 162.889 100.075 209.433
201803 204.892 100.573 262.132
201806 229.842 101.072 292.602
201809 223.167 101.371 283.267
201812 244.645 100.773 312.372
201903 241.782 101.670 305.992
201906 245.235 102.168 308.848
201909 257.109 102.268 323.487
201912 252.533 102.068 318.350
202003 311.060 102.367 390.985
202006 269.969 101.769 341.330
202009 291.422 101.072 370.997
202012 283.814 101.072 361.312
202103 329.064 102.367 413.615
202106 324.851 103.364 404.382
202109 475.120 104.859 583.007
202112 465.999 106.653 562.196
202203 458.354 109.245 539.855
202206 472.978 112.779 539.621
202209 473.639 113.504 536.926
202212 463.915 115.436 517.101
202303 431.735 117.609 472.338
202306 419.168 119.662 450.723
202309 431.436 120.749 459.739
202312 410.910 120.749 437.867
202403 416.733 120.990 443.185
202406 465.944 122.318 490.139
202409 479.015 121.594 506.891
202412 494.272 122.439 519.425
202503 509.488 123.405 531.225
202506 482.663 124.492 498.862
202509 494.183 124.810 509.467
202512 492.030 125.770 503.375
202603 474.729 127.830 477.849
202606 465.365 128.670 465.365

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 MXN879.92 mean?
Icon (MEX:ICLRN) has a Cyclically Adjusted Revenue per Share of MXN879.92 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 Icon and its competitors.
Is Icon's Cyclically Adjusted Revenue per Share too high?
Icon's current Cyclically Adjusted Revenue per Share is MXN879.92. Overall, Icon has a GF Score™ of 96/100, reflecting its overall financial health beyond just this single metric.
How does Icon's Cyclically Adjusted Revenue per Share compare to RVTY and CRL?
Icon's Cyclically Adjusted Revenue per Share of MXN879.92 can be compared against companies in the Medical Diagnostics & Research 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 Medical Diagnostics & Research company?
A good Cyclically Adjusted Revenue per Share depends on the Medical Diagnostics & Research 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 Icon and its competitors. Icon's current Cyclically Adjusted Revenue per Share is MXN879.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icon stock overvalued right now?
Icon (MEX:ICLRN) has a current Cyclically Adjusted Revenue per Share of MXN879.92. The stock's GF Value™ is MXN2,322.87, compared to a current price of MXN1,850.28 — trading 20.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN879.92. Icon's overall GF Score™ is 96/100 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 Icon (MEX:ICLRN), the current Cyclically Adjusted Revenue per Share is MXN879.92 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 Icon (MEX:ICLRN) Overvalued in 2026?

Based on GuruFocus' analysis, Icon stock appears to be undervalued. The current stock price of MXN1,850.28 is trading 20.3% below its estimated GF Value™ of MXN2,322.87.

Key valuation signals for MEX:ICLRN:

  • Cyclically Adjusted Revenue per Share: MXN879.92
  • GF Value™: MXN2,322.87 vs. price of MXN1,850.28 (20.3% below fair value)
  • GF Score™: 96/100 with 5 warning signs

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


Icon Business Description

Address South County Business Park, Leopardstown, Dublin, IRL, D18 X5R3
Icon is a global contract research organization that provides outsourced clinical development services to pharmaceutical and biotechnology firms. Icon supports clients across late-stage clinical trials through the regulatory approval process and postmarket studies. Icon's services include clinical trial management, patient recruitment, data analytics, laboratory services, and regulatory consulting. With more than 40,000 employees operating in over 50 countries, the company partners with life sciences firms to run clinical trials and bring new drugs to market.
96GF Score

Get the complete analysis for MEX:ICLRN

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

MXN1,850.28
Price
MXN2,322.87
GF Value