T. Rowe Price Group (MIL:1TROW) Cyclically Adjusted Revenue per Share: €28.90 (As of Jun. 2026)

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MIL:1TROW T. Rowe Price Group Inc MIL:1TROW
54 GF Score
Price €96.13
GF Value €106.89
Valuation Modestly Undervalued
! 4 Warning Signs
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What is T. Rowe Price Group Cyclically Adjusted Revenue per Share?

T. Rowe Price Group MIL:1TROW 54 Cyclically Adjusted Revenue per Share is €28.90 as of Jun. 2026. GuruFocus rates MIL:1TROW with a GF Score™ of 54/100 and a GF Value™ of €106.89 (Modestly Undervalued). The stock has 4 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.

T. Rowe Price Group's adjusted revenue per share for the three months ended in Jun. 2026 was €7.659. 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 €28.90 for the trailing ten years ended in Jun. 2026.

During the past 12 months, T. Rowe Price Group's average Cyclically Adjusted Revenue Growth Rate was 7.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 11.50% 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 T. Rowe Price Group was 19.10% per year. The lowest was 6.40% per year. And the median was 10.90% per year.

As of today (2026-09-16), T. Rowe Price Group's current stock price is €96.13. T. Rowe Price Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €28.90. T. Rowe Price Group's Cyclically Adjusted PS Ratio of today is 3.33.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of T. Rowe Price Group was 10.85. The lowest was 2.79. And the median was 5.87.


T. Rowe Price Group  (MIL:1TROW) 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.

T. Rowe Price Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=96.13/28.899
=3.33

* 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 T. Rowe Price Group was 10.85. The lowest was 2.79. And the median was 5.87.


Be Aware

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


T. Rowe Price Group Cyclically Adjusted Revenue per Share Related Terms


T. Rowe Price Group Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for T. Rowe Price Group'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.

T. Rowe Price Group Cyclically Adjusted Revenue per Share Chart

T. Rowe Price Group 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 18.88 21.64 23.72 25.82 27.44

T. Rowe Price Group 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 26.99 27.41 27.59 28.32 28.90

MIL:1TROW vs PFG, BEN, CG: Cyclically Adjusted Revenue per Share Comparison

For the Asset Management subindustry, T. Rowe Price Group'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.


T. Rowe Price Group Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, T. Rowe Price Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where T. Rowe Price Group's Cyclically Adjusted PS Ratio falls into.


MIL:1TROW
54GF Score
T. Rowe Price Group Inc MIL:1TROW
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

T. Rowe Price Group 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, T. Rowe Price Group'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)
=7.659/333.9520*333.9520
=7.659

Current CPI (Jun. 2026) = 333.9520.

T. Rowe Price Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.948 241.428 5.461
201612 4.099 241.432 5.670
201703 4.510 243.801 6.178
201706 4.548 244.955 6.200
201709 4.401 246.819 5.955
201712 4.467 246.524 6.051
201803 4.326 249.554 5.789
201806 4.563 251.989 6.047
201809 4.845 252.439 6.409
201812 4.708 251.233 6.258
201903 4.879 254.202 6.410
201906 5.191 256.143 6.768
201909 5.387 256.759 7.007
201912 5.588 256.974 7.262
202003 5.607 258.115 7.254
202006 5.600 257.797 7.254
202009 5.955 260.280 7.641
202012 6.342 260.474 8.131
202103 6.594 264.877 8.314
202106 6.988 271.696 8.589
202109 7.236 274.310 8.809
202112 7.564 278.802 9.060
202203 7.227 287.504 8.395
202206 6.230 296.311 7.021
202209 6.967 296.808 7.839
202212 6.657 296.797 7.490
202303 6.364 301.836 7.041
202306 6.570 305.109 7.191
202309 6.831 307.789 7.412
202312 6.818 306.746 7.423
202403 7.193 312.332 7.691
202406 7.204 314.175 7.657
202409 7.295 315.301 7.727
202412 7.677 315.605 8.123
202503 7.529 319.799 7.862
202506 6.898 322.561 7.142
202509 7.375 324.800 7.583
202512 7.608 324.054 7.840
202603 7.294 330.213 7.377
202606 7.659 333.952 7.659

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 €28.90 mean?
T. Rowe Price Group (MIL:1TROW) has a Cyclically Adjusted Revenue per Share of €28.90 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 T. Rowe Price Group and its competitors.
Is T. Rowe Price Group's Cyclically Adjusted Revenue per Share too high?
T. Rowe Price Group's current Cyclically Adjusted Revenue per Share is €28.90. Overall, T. Rowe Price Group has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does T. Rowe Price Group's Cyclically Adjusted Revenue per Share compare to PFG and BEN?
T. Rowe Price Group's Cyclically Adjusted Revenue per Share of €28.90 can be compared against companies in the Asset Management 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 Asset Management company?
A good Cyclically Adjusted Revenue per Share depends on the Asset Management 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 T. Rowe Price Group and its competitors. T. Rowe Price Group's current Cyclically Adjusted Revenue per Share is €28.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T. Rowe Price Group stock overvalued right now?
Based on GuruFocus' analysis, T. Rowe Price Group (MIL:1TROW) is currently considered Modestly Undervalued. The stock's GF Value™ is €106.89, compared to a current price of €96.13 — trading 10.1% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €28.90. T. Rowe Price Group's overall GF Score™ is 54/100 with 4 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 T. Rowe Price Group (MIL:1TROW), the current Cyclically Adjusted Revenue per Share is €28.90 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 T. Rowe Price Group (MIL:1TROW) Overvalued in 2026?

Based on GuruFocus' analysis, T. Rowe Price Group stock appears to be undervalued. The current stock price of €96.13 is trading 10.1% below its estimated GF Value™ of €106.89. GuruFocus considers T. Rowe Price Group to be Modestly Undervalued.

Key valuation signals for MIL:1TROW:

  • Cyclically Adjusted Revenue per Share: €28.90
  • GF Value™: €106.89 vs. price of €96.13 (10.1% below fair value)
  • GF Score™: 54/100 with 4 warning signs

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


T. Rowe Price Group Business Description

Address 100 East Pratt Street, Baltimore, MD, USA, 21202
T. Rowe Price provides asset management services for individual and institutional investors. It offers a broad range of no-load US and international stock, hybrid, bond, and money market funds. At the end of May 2026, the firm had $1.892 trillion in managed assets, composed of equity (49%), balanced (37%), fixed-income and money market (11%), and alternative (3%) offerings. Approximately two-thirds of managed assets are held in retirement-based accounts, which provide T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a US-based asset manager, deriving less than 10% of its AUM from overseas.
54GF Score

Get the complete analysis for MIL:1TROW

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

€96.13
Price
€106.89
GF Value