AXA (MIL:1CS) Cyclically Adjusted Revenue per Share: €51.81 (As of Dec. 2025)


MIL:1CS AXA SA MIL:1CS
63 GF Score
Price €44.03
GF Value €37.19
Valuation Modestly Overvalued
! 5 Warning Signs
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What is AXA Cyclically Adjusted Revenue per Share?

AXA MIL:1CS +1.31% 63 Cyclically Adjusted Revenue per Share is €51.81 as of Dec. 2025. GuruFocus rates MIL:1CS with a GF Score™ of 63/100 and a GF Value™ of €37.19 (Modestly Overvalued). 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.

AXA's adjusted revenue per share data for the fiscal year that ended in Dec. 2025 was €49.871. 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 €51.81 for the trailing ten years ended in Dec. 2025.

During the past 12 months, AXA's average Cyclically Adjusted Revenue Growth Rate was -0.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.70% 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 AXA was 2.80% per year. The lowest was -2.80% per year. And the median was 0.50% per year.

As of today (2026-07-03), AXA's current stock price is € 44.03. AXA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec. 2025 was €51.81. AXA's Cyclically Adjusted PS Ratio of today is 0.85.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of AXA was 0.84. The lowest was 0.27. And the median was 0.49.


AXA  (MIL:1CS) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=44.03/51.81
=0.85

* 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 AXA was 0.84. The lowest was 0.27. And the median was 0.49.


Be Aware

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


AXA Cyclically Adjusted Revenue per Share Related Terms


AXA Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for AXA'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.

AXA Cyclically Adjusted Revenue per Share Chart

AXA 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 51.21 52.19 51.90 51.34 51.81

AXA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 51.90 0.00 51.34 0.00 51.81

MIL:1CS vs BRK.A, AIG, HIG: Cyclically Adjusted Revenue per Share Comparison

For the Insurance - Diversified subindustry, AXA'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.


AXA Cyclically Adjusted PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, AXA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MIL:1CS
63GF Score
AXA SA MIL:1CS
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AXA 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, AXA's adjusted Revenue per Share data for the fiscal year that ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=49.871/120.9000*120.9000
=49.871

Current CPI (Dec. 2025) = 120.9000.

AXA Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 50.266 100.650 60.379
201712 53.418 101.850 63.409
201812 42.256 103.470 49.374
201912 52.299 104.980 60.230
202012 43.107 104.960 49.654
202112 46.772 107.850 52.431
202212 35.464 114.160 37.558
202312 43.642 118.390 44.567
202412 47.001 119.950 47.373
202512 49.871 120.900 49.871

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 €51.81 mean?
AXA (MIL:1CS) has a Cyclically Adjusted Revenue per Share of €51.81 as of Dec. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on AXA and its competitors.
Is AXA's Cyclically Adjusted Revenue per Share too high?
AXA's current Cyclically Adjusted Revenue per Share is €51.81. Overall, AXA has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AXA's Cyclically Adjusted Revenue per Share compare to BRK.A and AIG?
AXA's Cyclically Adjusted Revenue per Share of €51.81 can be compared against companies in the Insurance 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 an Insurance company?
A good Cyclically Adjusted Revenue per Share depends on the Insurance 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 AXA and its competitors. AXA's current Cyclically Adjusted Revenue per Share is €51.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AXA stock overvalued right now?
Based on GuruFocus' analysis, AXA (MIL:1CS) is currently considered Modestly Overvalued. The stock's GF Value™ is €37.19, compared to a current price of €44.03 — trading 18.4% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €51.81. AXA's overall GF Score™ is 63/100 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 AXA (MIL:1CS), the current Cyclically Adjusted Revenue per Share is €51.81 as of Dec. 2025. 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 AXA (MIL:1CS) Overvalued in 2026?

Based on GuruFocus' analysis, AXA stock appears to be overvalued. The current stock price of €44.03 is trading 18.4% above its estimated GF Value™ of €37.19. GuruFocus considers AXA to be Modestly Overvalued.

Key valuation signals for MIL:1CS:

  • Cyclically Adjusted Revenue per Share: €51.81
  • GF Value™: €37.19 vs. price of €44.03 (18.4% above fair value)
  • GF Score™: 63/100 with 5 warning signs

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


AXA Business Description

Address 25, Avenue Matignon, Paris, FRA, 75008
AXA's origins date back to Ancienne Mutuelle, one of the few insurers that remained after the creation of the French social security system. With the threat of nationalization, a merger took place between Drouot and AXA, which was then still known as Mutuelles Unies in 1982, and later Présence. Ten years later, AXA acquired North American life insurer Equitable Holdings. This was a time of expansion as AXA also bought the French insurer UAP. As markets crashed at the turn of the millennium, AXA decided to refocus its business and exited its stake in US investment bank Donaldson, Lufkin & Jenrette. A few years later, the business expanded again with the acquisition of Swiss insurer Winterthur. AXA has reshaped its portfolio to technical risks.
63GF Score

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

€44.03
Price
€37.19
GF Value