NEON (Neonode) Cyclically Adjusted Revenue per Share: $0.97 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NEON Neonode Inc NEON
54 GF Score
Price $0.88
GF Value $2.36
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Neonode Cyclically Adjusted Revenue per Share?

Neonode NEON +3.98% 54 Cyclically Adjusted Revenue per Share is $0.97 as of Mar. 2026. GuruFocus rates NEON with a GF Score™ of 54/100 and a GF Value™ of $2.36 (Possible Value Trap). The stock has 2 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.

Neonode's adjusted revenue per share for the three months ended in Mar. 2026 was $0.037. 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 $0.97 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Neonode's average Cyclically Adjusted Revenue Growth Rate was -27.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -12.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -7.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -31.20% 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 Neonode was -2.40% per year. The lowest was -75.70% per year. And the median was -12.90% per year.

As of today (2026-07-15), Neonode's current stock price is $0.8797. Neonode's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $0.97. Neonode's Cyclically Adjusted PS Ratio of today is 0.91.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Neonode was 21.93. The lowest was 0.09. And the median was 1.76.


Neonode  (NAS:NEON) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.8797/0.97
=0.91

* 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 Neonode was 21.93. The lowest was 0.09. And the median was 1.76.


Be Aware

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


Neonode Cyclically Adjusted Revenue per Share Related Terms


Neonode Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Neonode'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.

Neonode Cyclically Adjusted Revenue per Share Chart

Neonode 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 1.60 1.57 1.53 1.40 1.06

Neonode Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.33 1.25 1.15 1.06 0.97

NEON vs WETH, MTEK, MSAI: Cyclically Adjusted Revenue per Share Comparison

For the Electronic Components subindustry, Neonode'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.


Neonode Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Neonode's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NEON
54GF Score
Neonode Inc NEON
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.037/133.5600*133.5600
=0.037

Current CPI (Mar. 2026) = 133.5600.

Neonode Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.587 101.019 0.776
201609 0.354 101.138 0.467
201612 0.587 102.022 0.768
201703 0.477 102.022 0.624
201706 0.477 102.752 0.620
201709 0.418 103.279 0.541
201712 0.558 103.793 0.718
201803 0.405 103.962 0.520
201806 0.320 104.875 0.408
201809 0.328 105.679 0.415
201812 0.397 105.912 0.501
201903 0.229 105.886 0.289
201906 0.194 106.742 0.243
201909 0.149 107.214 0.186
201912 0.180 107.766 0.223
202003 0.141 106.563 0.177
202006 0.083 107.498 0.103
202009 0.148 107.635 0.184
202012 0.212 108.296 0.261
202103 0.145 108.360 0.179
202106 0.150 108.928 0.184
202109 0.083 110.338 0.100
202112 0.114 112.486 0.135
202203 0.097 114.825 0.113
202206 0.093 118.384 0.105
202209 0.090 122.296 0.098
202212 0.135 126.365 0.143
202303 0.082 127.042 0.086
202306 0.078 129.407 0.081
202309 0.055 130.224 0.056
202312 0.047 131.912 0.048
202403 0.053 132.205 0.054
202406 0.052 132.716 0.052
202409 0.052 132.304 0.052
202412 0.039 132.987 0.039
202503 0.031 132.825 0.031
202506 0.036 133.699 0.036
202509 0.026 133.480 0.026
202512 0.031 133.390 0.031
202603 0.037 133.560 0.037

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 $0.97 mean?
Neonode (NEON) has a Cyclically Adjusted Revenue per Share of $0.97 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Neonode and its competitors.
Is Neonode's Cyclically Adjusted Revenue per Share too high?
Neonode's current Cyclically Adjusted Revenue per Share is $0.97. Overall, Neonode has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Neonode's Cyclically Adjusted Revenue per Share compare to WETH and MTEK?
Neonode's Cyclically Adjusted Revenue per Share of $0.97 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Revenue per Share depends on the Hardware 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 Neonode and its competitors. Neonode's current Cyclically Adjusted Revenue per Share is $0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neonode stock overvalued right now?
Based on GuruFocus' analysis, Neonode (NEON) is currently considered Possible Value Trap. The stock's GF Value™ is $2.36, compared to a current price of $0.88 — trading 62.7% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is $0.97. Neonode's overall GF Score™ is 54/100 with 2 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 Neonode (NEON), the current Cyclically Adjusted Revenue per Share is $0.97 as of Mar. 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 Neonode (NEON) Overvalued in 2026?

Based on GuruFocus' analysis, Neonode stock appears to be undervalued. The current stock price of $0.88 is trading 62.7% below its estimated GF Value™ of $2.36. GuruFocus considers Neonode to be Possible Value Trap.

Key valuation signals for NEON:

  • Cyclically Adjusted Revenue per Share: $0.97
  • GF Value™: $2.36 vs. price of $0.88 (62.7% below fair value)
  • GF Score™: 54/100 with 2 warning signs

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


Neonode Business Description

Address Karlavagen 100, Stockholm, SWE, 115 26
Neonode Inc provides software solutions for machine perception that feature machine learning algorithms to detect and track persons and objects in video streams from cameras and other types of imagers. Its machine perception solutions are based on the MultiSensing technology platform. The company also offers optical sensing solutions for contactless touch and gesture sensing. It markets and sells its solutions mainly to customers in the automotive sector, along with other markets such as office equipment, industrial automation, medical, military, and avionics. Geographically, the company operates in Japan, South Korea, Germany, Sweden, China, and other regions, with a majority of its revenue generated from Japan.
54GF Score

Get the complete analysis for NEON

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

$0.88
Price
$2.36
GF Value