East African Breweries (NAI:EABL) Cyclically Adjusted Revenue per Share: KES134.50 (As of Dec. 2025)

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NAI:EABL East African Breweries PLC NAI:EABL
87 GF Score
Price KES273.25
GF Value KES322.44
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is East African Breweries Cyclically Adjusted Revenue per Share?

East African Breweries NAI:EABL +0.18% 87 Cyclically Adjusted Revenue per Share is KES134.50 as of Dec. 2025. GuruFocus rates NAI:EABL with a GF Score™ of 87/100 and a GF Value™ of KES322.44 (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.

East African Breweries's adjusted revenue per share data for the fiscal year that ended in Jun. 2025 was KES162.866. 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 KES134.50 for the trailing ten years ended in Jun. 2025.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.10% 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 East African Breweries was 10.20% per year. The lowest was 6.30% per year. And the median was 8.70% per year.

As of today (2026-08-16), East African Breweries's current stock price is KES 273.25. East African Breweries's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun. 2025 was KES134.50. East African Breweries's Cyclically Adjusted PS Ratio of today is 2.03.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of East African Breweries was 3.71. The lowest was 0.89. And the median was 1.79.


East African Breweries  (NAI:EABL) 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.

East African Breweries's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=273.25/134.50
=2.03

* 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 East African Breweries was 3.71. The lowest was 0.89. And the median was 1.79.


Be Aware

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


East African Breweries Cyclically Adjusted Revenue per Share Related Terms


East African Breweries Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for East African Breweries'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.

East African Breweries Cyclically Adjusted Revenue per Share Chart

East African Breweries Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.98 109.46 116.83 125.87 134.50

East African Breweries Semi-Annual Data
Jun14 Dec14 Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Jun21 Jun22 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 0.00 125.87 0.00 134.50 0.00

NAI:EABL vs STZ, TAP: Cyclically Adjusted Revenue per Share Comparison

For the Beverages - Brewers subindustry, East African Breweries'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.


East African Breweries Cyclically Adjusted PS Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, East African Breweries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NAI:EABL
87GF Score
East African Breweries PLC NAI:EABL
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

East African Breweries 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, East African Breweries's adjusted Revenue per Share data for the fiscal year that ended in Jun. 2025 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=162.866/322.5610*322.5610
=162.866

Current CPI (Jun. 2025) = 322.5610.

East African Breweries Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201606 81.341 241.018 108.861
201706 88.833 244.955 116.977
201806 92.892 251.989 118.907
201906 104.383 256.143 131.450
202006 94.738 257.797 118.538
202106 108.706 271.696 129.057
202206 138.357 296.311 150.614
202306 138.661 305.109 146.592
202406 156.974 314.175 161.164
202506 162.866 322.561 162.866

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 KES134.50 mean?
East African Breweries (NAI:EABL) has a Cyclically Adjusted Revenue per Share of KES134.50 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 East African Breweries and its competitors.
Is East African Breweries' Cyclically Adjusted Revenue per Share too high?
East African Breweries' current Cyclically Adjusted Revenue per Share is KES134.50. Overall, East African Breweries has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does East African Breweries' Cyclically Adjusted Revenue per Share compare to STZ and TAP?
East African Breweries' Cyclically Adjusted Revenue per Share of KES134.50 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Cyclically Adjusted Revenue per Share depends on the Beverages - Alcoholic 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 East African Breweries and its competitors. East African Breweries's current Cyclically Adjusted Revenue per Share is KES134.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is East African Breweries stock overvalued right now?
Based on GuruFocus' analysis, East African Breweries (NAI:EABL) is currently considered Modestly Undervalued. The stock's GF Value™ is KES322.44, compared to a current price of KES273.25 — trading 15.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is KES134.50. East African Breweries' overall GF Score™ is 87/100 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 East African Breweries (NAI:EABL), the current Cyclically Adjusted Revenue per Share is KES134.50 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 East African Breweries (NAI:EABL) Overvalued in 2026?

Based on GuruFocus' analysis, East African Breweries stock appears to be undervalued. The current stock price of KES273.25 is trading 15.3% below its estimated GF Value™ of KES322.44. GuruFocus considers East African Breweries to be Modestly Undervalued.

Key valuation signals for NAI:EABL:

  • Cyclically Adjusted Revenue per Share: KES134.50
  • GF Value™: KES322.44 vs. price of KES273.25 (15.3% below fair value)
  • GF Score™: 87/100 with 4 warning signs

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


East African Breweries Business Description

Address Corporate Centre, P.O. Box 30161, Block A, 5th Floor, Garden City Business Park, Ruaraka, Nairobi, KEN, 00100
East African Breweries PLC is a branded alcohol beverage company. The firm and its subsidiaries are involved in the marketing, production, and distribution of a collection of brands that range from beer, spirits, and adult non-alcoholic drinks. The company has invested in breweries, distilleries, support industries, and a distribution network across the region. The firm derives its revenue mainly from brewing, marketing, and selling of drinks, malt, and barley. Its geographical segments include Kenya, Uganda, and Tanzania, of which the majority of the revenue is generated from Kenya.
87GF Score

Get the complete analysis for NAI:EABL

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

KES273.25
Price
KES322.44
GF Value