MLKN (MillerKnoll) Cyclically Adjusted Revenue per Share: $55.96 (As of May. 2026)

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MLKN MillerKnoll Inc MLKN
70 GF Score
Price $23.31
GF Value $23.04
Valuation Fairly Valued
! 7 Warning Signs
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What is MillerKnoll Cyclically Adjusted Revenue per Share?

MillerKnoll MLKN -0.13% 70 Cyclically Adjusted Revenue per Share is $55.96 as of May. 2026. GuruFocus rates MLKN with a GF Score™ of 70/100 and a GF Value™ of $23.04 (Fairly Valued). 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.

MillerKnoll's adjusted revenue per share for the three months ended in May. 2026 was $14.348. 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 $55.96 for the trailing ten years ended in May. 2026.

During the past 12 months, MillerKnoll's average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.90% 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 MillerKnoll was 13.00% per year. The lowest was -0.40% per year. And the median was 5.10% per year.

As of today (2026-08-18), MillerKnoll's current stock price is $23.31. MillerKnoll's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was $55.96. MillerKnoll's Cyclically Adjusted PS Ratio of today is 0.42.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of MillerKnoll was 1.32. The lowest was 0.26. And the median was 0.81.


MillerKnoll  (NAS:MLKN) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=23.31/55.96
=0.42

* 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 MillerKnoll was 1.32. The lowest was 0.26. And the median was 0.81.


Be Aware

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


MillerKnoll Cyclically Adjusted Revenue per Share Related Terms


MillerKnoll Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for MillerKnoll'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.

MillerKnoll Cyclically Adjusted Revenue per Share Chart

MillerKnoll Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.86 49.21 51.54 53.29 55.96

MillerKnoll Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 53.29 53.81 53.91 54.47 55.96

MLKN vs LEG, LZB, TILE: Cyclically Adjusted Revenue per Share Comparison

For the Furnishings, Fixtures & Appliances subindustry, MillerKnoll'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.


MillerKnoll Cyclically Adjusted PS Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, MillerKnoll's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MLKN
70GF Score
MillerKnoll Inc MLKN
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_RevenuePerShare= Revenue per Share /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=14.348/335.1230*335.1230
=14.348

Current CPI (May. 2026) = 335.1230.

MillerKnoll Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 9.888 240.849 13.758
201611 9.568 241.353 13.285
201702 8.693 243.603 11.959
201705 9.470 244.733 12.968
201708 9.619 245.519 13.130
201711 10.031 246.669 13.628
201802 9.582 248.991 12.897
201805 10.279 251.588 13.692
201808 10.433 252.146 13.866
201811 10.979 252.038 14.598
201902 10.469 252.776 13.879
201905 11.338 256.092 14.837
201908 11.327 256.558 14.796
201911 11.350 257.208 14.788
202002 11.242 258.678 14.564
202005 8.096 256.394 10.582
202008 10.630 259.918 13.706
202011 10.567 260.229 13.608
202102 9.907 263.014 12.623
202105 10.372 269.195 12.912
202108 11.911 273.567 14.591
202111 13.629 277.948 16.433
202202 13.456 283.716 15.894
202205 14.562 292.296 16.696
202208 14.145 296.171 16.005
202211 14.061 297.711 15.828
202302 12.945 300.840 14.420
202305 12.590 304.127 13.873
202308 12.122 307.026 13.231
202311 12.790 307.051 13.959
202402 11.764 310.326 12.704
202405 12.351 314.069 13.179
202408 12.271 314.796 13.063
202411 13.856 315.493 14.718
202502 12.819 319.082 13.463
202505 14.124 321.465 14.724
202508 13.812 323.976 14.287
202511 13.862 324.122 14.332
202602 13.403 326.785 13.745
202605 14.348 335.123 14.348

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 $55.96 mean?
MillerKnoll (MLKN) has a Cyclically Adjusted Revenue per Share of $55.96 as of May. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on MillerKnoll and its competitors.
Is MillerKnoll's Cyclically Adjusted Revenue per Share too high?
MillerKnoll's current Cyclically Adjusted Revenue per Share is $55.96. Overall, MillerKnoll has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MillerKnoll's Cyclically Adjusted Revenue per Share compare to LEG and LZB?
MillerKnoll's Cyclically Adjusted Revenue per Share of $55.96 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Cyclically Adjusted Revenue per Share depends on the Furnishings, Fixtures & Appliances 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 MillerKnoll and its competitors. MillerKnoll's current Cyclically Adjusted Revenue per Share is $55.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MillerKnoll stock overvalued right now?
Based on GuruFocus' analysis, MillerKnoll (MLKN) is currently considered Fairly Valued. The stock's GF Value™ is $23.04, compared to a current price of $23.31 — trading 1.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $55.96. MillerKnoll's overall GF Score™ is 70/100 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 MillerKnoll (MLKN), the current Cyclically Adjusted Revenue per Share is $55.96 as of May. 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 MillerKnoll (MLKN) Overvalued in 2026?

Based on GuruFocus' analysis, MillerKnoll stock appears to be overvalued. The current stock price of $23.31 is trading 1.2% above its estimated GF Value™ of $23.04. GuruFocus considers MillerKnoll to be Fairly Valued.

Key valuation signals for MLKN:

  • Cyclically Adjusted Revenue per Share: $55.96
  • GF Value™: $23.04 vs. price of $23.31 (1.2% above fair value)
  • GF Score™: 70/100 with 7 warning signs

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


MillerKnoll Business Description

Other Exchanges MHR:Germany
Address 855 East Main Avenue, P.O. Box 302, Zeeland, MI, USA, 49464
MillerKnoll Inc, formerly Herman Miller Inc researches, designs, manufactures, sells, and distributes interior furnishings across the globe. The Company has three reportable segments: Americas Contract, International Contract, and Global Retail. The company's products are sold through a variety of sources, including owned and independent contract furniture dealers, direct customer sales, owned and independent retailers, direct-mail catalogs, and the company's online stores. The independent retailer division generates the majority of the firm's overall sales.
70GF Score

Get the complete analysis for MLKN

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

$23.31
Price
$23.04
GF Value