NetApp (MEX:NTAP) Cyclically Adjusted Revenue per Share: MXN495.57 (As of Apr. 2026)


MEX:NTAP NetApp Inc MEX:NTAP
65 GF Score
Price MXN2,650.00
GF Value MXN1,914.28
Valuation Significantly Overvalued
! 7 Warning Signs
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What is NetApp Cyclically Adjusted Revenue per Share?

NetApp MEX:NTAP 65 Cyclically Adjusted Revenue per Share is MXN495.57 as of Apr. 2026. GuruFocus rates MEX:NTAP with a GF Score™ of 65/100 and a GF Value™ of MXN1,914.28 (Significantly Overvalued). The stock has 7 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.

NetApp's adjusted revenue per share for the three months ended in Apr. 2026 was MXN171.464. 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 MXN495.57 for the trailing ten years ended in Apr. 2026.

During the past 12 months, NetApp's average Cyclically Adjusted Revenue Growth Rate was 6.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.90% 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 NetApp was 25.80% per year. The lowest was 5.60% per year. And the median was 10.05% per year.

As of today (2026-07-09), NetApp's current stock price is MXN2650.00. NetApp's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was MXN495.57. NetApp's Cyclically Adjusted PS Ratio of today is 5.35.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of NetApp was 5.55. The lowest was 1.71. And the median was 3.19.


NetApp  (MEX:NTAP) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2650.00/495.57
=5.35

* 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 NetApp was 5.55. The lowest was 1.71. And the median was 3.19.


Be Aware

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


NetApp Cyclically Adjusted Revenue per Share Related Terms


NetApp Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for NetApp'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.

NetApp Cyclically Adjusted Revenue per Share Chart

NetApp 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 0.00 0.00 0.00 802.29 495.57

NetApp 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 802.29 565.21 548.11 621.90 495.57

MEX:NTAP vs TWLO, MDB, VRSN: Cyclically Adjusted Revenue per Share Comparison

For the Software - Infrastructure subindustry, NetApp'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.


NetApp Cyclically Adjusted PS Ratio vs Software Industry

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

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


MEX:NTAP
65GF Score
NetApp Inc MEX:NTAP
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NetApp 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, NetApp'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)
=171.464/333.0200*333.0200
=171.464

Current CPI (Apr. 2026) = 333.0200.

NetApp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 86.088 240.628 119.143
201610 88.657 241.729 122.139
201701 104.103 242.839 142.763
201704 98.961 244.524 134.776
201707 84.862 244.786 115.451
201710 98.427 246.663 132.886
201801 106.935 247.867 143.672
201804 103.907 250.546 138.111
201807 101.909 252.006 134.670
201810 116.390 252.885 153.272
201901 116.781 251.712 154.504
201904 122.426 255.548 159.541
201907 96.606 256.571 125.391
201910 111.388 257.346 144.142
202001 115.815 257.971 149.508
202004 149.976 256.389 194.802
202007 130.453 259.101 167.670
202010 134.495 260.388 172.011
202101 131.167 261.582 166.989
202104 136.955 267.054 170.785
202107 126.356 273.003 154.134
202110 140.537 276.589 169.210
202201 145.450 281.148 172.286
202204 149.359 289.109 172.044
202207 144.723 296.276 162.671
202210 150.033 298.012 167.658
202301 130.985 299.170 145.805
202304 131.052 303.363 143.864
202307 110.836 305.691 120.745
202310 133.644 307.671 144.655
202401 130.734 308.417 141.163
202404 133.630 313.548 141.929
202407 135.183 314.540 143.125
202410 158.153 315.664 166.849
202501 162.751 317.671 170.615
202504 164.720 320.795 170.997
202507 144.357 323.048 148.813
202510 156.543 0.000
202601 148.597 325.252 152.146
202604 171.464 333.020 171.464

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 MXN495.57 mean?
NetApp (MEX:NTAP) has a Cyclically Adjusted Revenue per Share of MXN495.57 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 NetApp and its competitors.
Is NetApp's Cyclically Adjusted Revenue per Share too high?
NetApp's current Cyclically Adjusted Revenue per Share is MXN495.57. Overall, NetApp has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NetApp's Cyclically Adjusted Revenue per Share compare to TWLO and MDB?
NetApp's Cyclically Adjusted Revenue per Share of MXN495.57 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 NetApp and its competitors. NetApp's current Cyclically Adjusted Revenue per Share is MXN495.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetApp stock overvalued right now?
Based on GuruFocus' analysis, NetApp (MEX:NTAP) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN1,914.28, compared to a current price of MXN2,650.00 — trading 38.4% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN495.57. NetApp's overall GF Score™ is 65/100 with 7 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 NetApp (MEX:NTAP), the current Cyclically Adjusted Revenue per Share is MXN495.57 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 NetApp (MEX:NTAP) Overvalued in 2026?

Based on GuruFocus' analysis, NetApp stock appears to be overvalued. The current stock price of MXN2,650.00 is trading 38.4% above its estimated GF Value™ of MXN1,914.28. GuruFocus considers NetApp to be Significantly Overvalued.

Key valuation signals for MEX:NTAP:

  • Cyclically Adjusted Revenue per Share: MXN495.57
  • GF Value™: MXN1,914.28 vs. price of MXN2,650.00 (38.4% above fair value)
  • GF Score™: 65/100 with 7 warning signs

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


NetApp Business Description

Address 3060 Olsen Drive, San Jose, CA, USA, 95128
NetApp Inc is storage hardware provider into a software-driven, cloud-centric data infrastructure company. Its flagship ONTAP data management software, together with a comprehensive portfolio of all-flash, hybrid-flash, and cloud-native solutions, forms the backbone of digital transformation for thousands of enterprises world'wide. Its operations are organized into two segments Hybrid Cloud and Public Cloud. It generates majority of revenue from Hybrid Cloud offers a unified data storage portfolio of storage management and infrastructure solutions that helps customers modernize their data centers. Hybrid Cloud includes software, hardware, and related support, along with professional and other services. It generates majority of revenue from United States followed by International market.
65GF Score

Get the complete analysis for MEX:NTAP

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

MXN2,650.00
Price
MXN1,914.28
GF Value