DHL AG (NEOE:DHL) Cyclically Adjusted Revenue per Share: C$19.70 (As of Jun. 2026)

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NEOE:DHL DHL AG NEOE:DHL
61 GF Score
Price C$15.98
GF Value C$12.29
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is DHL AG Cyclically Adjusted Revenue per Share?

DHL AG NEOE:DHL -0.50% 61 Cyclically Adjusted Revenue per Share is C$19.70 as of Jun. 2026. GuruFocus rates NEOE:DHL with a GF Score™ of 61/100 and a GF Value™ of C$12.29 (Modestly Overvalued). The stock has 11 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.

DHL AG's adjusted revenue per share for the three months ended in Jun. 2026 was C$32.225. 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 C$19.70 for the trailing ten years ended in Jun. 2026.

During the past 12 months, DHL AG's average Cyclically Adjusted Revenue Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.70% 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 DHL AG was 8.70% per year. The lowest was 1.80% per year. And the median was 4.20% per year.

As of today (2026-09-08), DHL AG's current stock price is C$15.98. DHL AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was C$19.70. DHL AG's Cyclically Adjusted PS Ratio of today is 0.81.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of DHL AG was 1.16. The lowest was 0.42. And the median was 0.68.


DHL AG  (NEOE:DHL) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=15.98/19.70
=0.81

* 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 DHL AG was 1.16. The lowest was 0.42. And the median was 0.68.


Be Aware

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


DHL AG Cyclically Adjusted Revenue per Share Related Terms


DHL AG Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for DHL 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.

DHL AG Cyclically Adjusted Revenue per Share Chart

DHL 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 20.23

DHL AG 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 19.47 19.97 20.23 19.83 19.70

NEOE:DHL vs UPS, FDX, EXPD: Cyclically Adjusted Revenue per Share Comparison

For the Integrated Freight & Logistics subindustry, DHL 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.


DHL AG Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, DHL AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NEOE:DHL
61GF Score
DHL AG NEOE:DHL
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DHL 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, DHL AG'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)
=32.225/131.3638*131.3638
=32.225

Current CPI (Jun. 2026) = 131.3638.

DHL AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 16.169 101.017 21.026
201612 17.399 101.217 22.581
201703 17.190 101.417 22.266
201706 18.011 102.117 23.169
201709 17.261 102.717 22.075
201712 18.445 102.617 23.612
201803 18.567 102.917 23.699
201806 18.306 104.017 23.119
201809 18.562 104.718 23.285
201812 20.668 104.217 26.052
201903 18.496 104.217 23.314
201906 18.271 105.718 22.703
201909 18.192 106.018 22.541
201912 19.592 105.818 24.322
202003 18.983 105.718 23.588
202006 19.457 106.618 23.973
202009 19.902 105.818 24.707
202012 23.307 105.518 29.016
202103 22.247 107.518 27.181
202106 22.634 108.486 27.407
202109 23.905 109.435 28.695
202112 26.981 110.384 32.109
202203 25.135 113.968 28.972
202206 26.188 115.760 29.718
202209 25.762 118.818 28.482
202212 27.870 119.345 30.677
202303 25.134 122.402 26.974
202306 23.660 123.140 25.240
202309 23.604 124.195 24.967
202312 25.908 123.773 27.497
202403 24.915 125.038 26.175
202406 25.782 125.882 26.905
202409 25.971 126.198 27.034
202412 28.747 127.041 29.725
202503 27.527 127.779 28.299
202506 26.845 128.412 27.462
202509 29.180 129.255 29.656
202512 30.346 129.361 30.816
202603 28.767 131.258 28.790
202606 32.225 131.364 32.225

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 C$19.70 mean?
DHL AG (NEOE:DHL) has a Cyclically Adjusted Revenue per Share of C$19.70 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 DHL AG and its competitors.
Is DHL AG's Cyclically Adjusted Revenue per Share too high?
DHL AG's current Cyclically Adjusted Revenue per Share is C$19.70. Overall, DHL AG has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DHL AG's Cyclically Adjusted Revenue per Share compare to UPS and FDX?
DHL AG's Cyclically Adjusted Revenue per Share of C$19.70 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted Revenue per Share depends on the Transportation 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 DHL AG and its competitors. DHL AG's current Cyclically Adjusted Revenue per Share is C$19.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHL AG stock overvalued right now?
Based on GuruFocus' analysis, DHL AG (NEOE:DHL) is currently considered Modestly Overvalued. The stock's GF Value™ is C$12.29, compared to a current price of C$15.98 — trading 30% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is C$19.70. DHL AG's overall GF Score™ is 61/100 with 11 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 DHL AG (NEOE:DHL), the current Cyclically Adjusted Revenue per Share is C$19.70 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 DHL AG (NEOE:DHL) Overvalued in 2026?

Based on GuruFocus' analysis, DHL AG stock appears to be overvalued. The current stock price of C$15.98 is trading 30% above its estimated GF Value™ of C$12.29. GuruFocus considers DHL AG to be Modestly Overvalued.

Key valuation signals for NEOE:DHL:

  • Cyclically Adjusted Revenue per Share: C$19.70
  • GF Value™: C$12.29 vs. price of C$15.98 (30% above fair value)
  • GF Score™: 61/100 with 11 warning signs

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


DHL AG Business Description

Address Platz der Deutschen Post, Bonn, NW, DEU, 53250
Based in Germany, DHL Group ranks among the three dominant integrated global parcel-shipping providers, along with US-based FedEx and UPS. It's also a leading global third-party logistics provider in terms of air and ocean forwarding and outsourced contract logistics markets touching Europe. The DHL divisions (Express, Global Forwarding & Freight, eCommerce Solutions, and Supply Chain) generate roughly 80% of consolidated revenue. Roughly 20% comes from the Post & Parcel Germany division, which includes the legacy German postal operations and the faster growing domestic package delivery business in Germany.
61GF Score

Get the complete analysis for NEOE:DHL

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

C$15.98
Price
C$12.29
GF Value