Adecco Group AG (MIL:1ADEN) Cyclically Adjusted Revenue per Share: €162.71 (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.

MIL:1ADEN Adecco Group AG MIL:1ADEN
47 GF Score
Price €21.74
GF Value €28.19
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Adecco Group AG Cyclically Adjusted Revenue per Share?

Adecco Group AG MIL:1ADEN +5.84% 47 Cyclically Adjusted Revenue per Share is €162.71 as of Mar. 2026. GuruFocus rates MIL:1ADEN with a GF Score™ of 47/100 and a GF Value™ of €28.19 (Modestly Undervalued). The stock has 3 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.

Adecco Group AG's adjusted revenue per share for the three months ended in Mar. 2026 was €33.657. 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 €162.71 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Adecco Group AG's average Cyclically Adjusted Revenue Growth Rate was -1.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.90% 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 Adecco Group AG was 10.50% per year. The lowest was -1.40% per year. And the median was 0.75% per year.

As of today (2026-07-20), Adecco Group AG's current stock price is €21.74. Adecco Group AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €162.71. Adecco Group AG's Cyclically Adjusted PS Ratio of today is 0.13.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Adecco Group AG was 0.57. The lowest was 0.10. And the median was 0.32.


Adecco Group AG  (MIL:1ADEN) 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.

Adecco Group AG's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=21.74/162.71
=0.13

* 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 Adecco Group AG was 0.57. The lowest was 0.10. And the median was 0.32.


Be Aware

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


Adecco Group AG Cyclically Adjusted Revenue per Share Related Terms


Adecco Group AG Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Adecco Group AG'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.

Adecco Group AG Cyclically Adjusted Revenue per Share Chart

Adecco Group AG 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 0.00 0.00 0.00 0.00 159.01

Adecco Group AG 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 0.00 164.92 160.86 159.01 162.71

MIL:1ADEN vs KFY, RHI, TNET: Cyclically Adjusted Revenue per Share Comparison

For the Staffing & Employment Services subindustry, Adecco Group AG'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.


Adecco Group AG Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Adecco Group AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MIL:1ADEN
47GF Score
Adecco Group AG MIL:1ADEN
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adecco Group AG 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, Adecco Group AG'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)
=33.657/108.0600*108.0600
=33.657

Current CPI (Mar. 2026) = 108.0600.

Adecco Group AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 33.402 100.088 36.063
201609 34.078 99.604 36.971
201612 34.382 99.380 37.385
201703 33.611 100.040 36.306
201706 35.134 100.285 37.858
201709 34.971 100.254 37.694
201712 36.221 100.213 39.057
201803 34.294 100.836 36.751
201806 36.482 101.435 38.865
201809 36.141 101.246 38.574
201812 37.144 100.906 39.777
201903 34.656 101.571 36.870
201906 36.473 102.044 38.623
201909 36.317 101.396 38.704
201912 36.686 101.063 39.226
202003 31.625 101.048 33.820
202006 25.829 100.743 27.705
202009 29.896 100.585 32.118
202012 33.373 100.241 35.976
202103 30.695 100.800 32.906
202106 32.527 101.352 34.680
202109 32.307 101.533 34.384
202112 33.189 101.776 35.238
202203 32.723 103.205 34.262
202206 35.490 104.783 36.600
202209 36.148 104.835 37.260
202212 37.127 104.666 38.331
202303 35.138 106.245 35.738
202306 35.732 106.576 36.230
202309 35.431 106.570 35.927
202312 36.287 106.461 36.832
202403 33.979 107.355 34.202
202406 34.623 107.991 34.645
202409 33.879 107.468 34.066
202412 34.969 107.128 35.273
202503 33.265 107.722 33.369
202506 34.193 108.075 34.188
202509 34.212 107.710 34.323
202512 35.257 107.200 35.540
202603 33.657 108.060 33.657

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 €162.71 mean?
Adecco Group AG (MIL:1ADEN) has a Cyclically Adjusted Revenue per Share of €162.71 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 Adecco Group AG and its competitors.
Is Adecco Group AG's Cyclically Adjusted Revenue per Share too high?
Adecco Group AG's current Cyclically Adjusted Revenue per Share is €162.71. Overall, Adecco Group AG has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adecco Group AG's Cyclically Adjusted Revenue per Share compare to KFY and RHI?
Adecco Group AG's Cyclically Adjusted Revenue per Share of €162.71 can be compared against companies in the Business Services 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 Business Services company?
A good Cyclically Adjusted Revenue per Share depends on the Business Services 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 Adecco Group AG and its competitors. Adecco Group AG's current Cyclically Adjusted Revenue per Share is €162.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adecco Group AG stock overvalued right now?
Based on GuruFocus' analysis, Adecco Group AG (MIL:1ADEN) is currently considered Modestly Undervalued. The stock's GF Value™ is €28.19, compared to a current price of €21.74 — trading 22.9% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €162.71. Adecco Group AG's overall GF Score™ is 47/100 with 3 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 Adecco Group AG (MIL:1ADEN), the current Cyclically Adjusted Revenue per Share is €162.71 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 Adecco Group AG (MIL:1ADEN) Overvalued in 2026?

Based on GuruFocus' analysis, Adecco Group AG stock appears to be undervalued. The current stock price of €21.74 is trading 22.9% below its estimated GF Value™ of €28.19. GuruFocus considers Adecco Group AG to be Modestly Undervalued.

Key valuation signals for MIL:1ADEN:

  • Cyclically Adjusted Revenue per Share: €162.71
  • GF Value™: €28.19 vs. price of €21.74 (22.9% below fair value)
  • GF Score™: 47/100 with 3 warning signs

No single metric tells the full story. See the MIL:1ADEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Adecco Group AG Business Description

Address Bellerivestrasse 30, Zurich, CHE, CH-8008
Adecco Group provides human capital solutions. The majority of its revenue comes from flexible placement, but the company also offers permanent placement, career transition, outsourcing, and consulting services in engineering, digital, and IT. The company is organized into three business units—Adecco, Akkodis, and LHH—and operates in over 60 countries.
47GF Score

Get the complete analysis for MIL:1ADEN

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

€21.74
Price
€28.19
GF Value