Guinness Nigeria (NSA:GUIN) Cyclically Adjusted Revenue per Share: ₦111.75 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSA:GUIN Guinness Nigeria PLC NSA:GUIN
67 GF Score
Price ₦329.00
GF Value ₦171.51
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Guinness Nigeria Cyclically Adjusted Revenue per Share?

Guinness Nigeria NSA:GUIN 67 Cyclically Adjusted Revenue per Share is ₦111.75 as of Mar. 2026. GuruFocus rates NSA:GUIN with a GF Score™ of 67/100 and a GF Value™ of ₦171.51 (Significantly Overvalued). 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.

Guinness Nigeria's adjusted revenue per share for the three months ended in Mar. 2026 was ₦56.051. 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 ₦111.75 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Guinness Nigeria's average Cyclically Adjusted Revenue Growth Rate was 20.00% 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.

As of today (2026-07-18), Guinness Nigeria's current stock price is ₦329.00. Guinness Nigeria's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₦111.75. Guinness Nigeria's Cyclically Adjusted PS Ratio of today is 2.94.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Guinness Nigeria was 4.47. The lowest was 0.51. And the median was 0.83.


Guinness Nigeria  (NSA:GUIN) 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.

Guinness Nigeria's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=329.00/111.75
=2.94

* 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 Guinness Nigeria was 4.47. The lowest was 0.51. And the median was 0.83.


Be Aware

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


Guinness Nigeria Cyclically Adjusted Revenue per Share Related Terms


Guinness Nigeria Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Guinness Nigeria'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.

Guinness Nigeria Cyclically Adjusted Revenue per Share Chart

Guinness Nigeria Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
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 88.51

Guinness Nigeria Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 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 93.11 97.97 101.92 105.57 111.75

NSA:GUIN vs BUD, STZ, TAP: Cyclically Adjusted Revenue per Share Comparison

For the Beverages - Brewers subindustry, Guinness Nigeria'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.


Guinness Nigeria Cyclically Adjusted PS Ratio vs Beverages - Alcoholic Industry

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

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


NSA:GUIN
67GF Score
Guinness Nigeria PLC NSA:GUIN
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guinness Nigeria 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, Guinness Nigeria'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)
=56.051/330.2130*330.2130
=56.051

Current CPI (Mar. 2026) = 330.2130.

Guinness Nigeria Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.366 238.343 17.133
201412 13.594 234.812 19.117
201503 11.749 236.119 16.431
201506 13.463 238.638 18.629
201606 0.000 241.018 0.000
201612 0.000 241.432 0.000
201703 12.079 243.801 16.360
201706 14.331 244.955 19.319
201712 18.560 246.524 24.861
201803 15.946 249.554 21.100
201806 24.049 251.989 31.514
201809 12.775 252.439 16.711
201812 18.126 251.233 23.824
201903 15.343 254.202 19.931
201906 13.740 256.143 17.713
201909 12.345 256.759 15.877
201912 18.914 256.974 24.305
202003 12.642 258.115 16.173
202006 3.816 257.797 4.888
202009 13.556 260.280 17.198
202012 18.668 260.474 23.666
202103 19.451 264.877 24.249
202106 20.754 271.696 25.224
202109 21.716 274.310 26.142
202112 28.148 278.802 33.338
202203 22.973 287.504 26.386
202206 21.585 296.311 24.055
202209 24.033 296.808 26.738
202212 29.950 296.797 33.322
202303 24.665 301.836 26.984
202306 25.946 305.109 28.081
202309 27.291 307.789 29.279
202312 37.871 306.746 40.768
202403 35.480 312.332 37.511
202406 36.152 314.175 37.997
202412 61.091 315.605 63.919
202503 54.061 319.799 55.821
202506 54.174 322.561 55.459
202509 44.773 324.800 45.519
202603 56.051 330.213 56.051

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 ₦111.75 mean?
Guinness Nigeria (NSA:GUIN) has a Cyclically Adjusted Revenue per Share of ₦111.75 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 Guinness Nigeria and its competitors.
Is Guinness Nigeria's Cyclically Adjusted Revenue per Share too high?
Guinness Nigeria's current Cyclically Adjusted Revenue per Share is ₦111.75. Overall, Guinness Nigeria has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Guinness Nigeria's Cyclically Adjusted Revenue per Share compare to BUD and STZ?
Guinness Nigeria's Cyclically Adjusted Revenue per Share of ₦111.75 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 Guinness Nigeria and its competitors. Guinness Nigeria's current Cyclically Adjusted Revenue per Share is ₦111.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guinness Nigeria stock overvalued right now?
Based on GuruFocus' analysis, Guinness Nigeria (NSA:GUIN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦171.51, compared to a current price of ₦329.00 — trading 91.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₦111.75. Guinness Nigeria's overall GF Score™ is 67/100 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 Guinness Nigeria (NSA:GUIN), the current Cyclically Adjusted Revenue per Share is ₦111.75 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 Guinness Nigeria (NSA:GUIN) Overvalued in 2026?

Based on GuruFocus' analysis, Guinness Nigeria stock appears to be overvalued. The current stock price of ₦329.00 is trading 91.8% above its estimated GF Value™ of ₦171.51. GuruFocus considers Guinness Nigeria to be Significantly Overvalued.

Key valuation signals for NSA:GUIN:

  • Cyclically Adjusted Revenue per Share: ₦111.75
  • GF Value™: ₦171.51 vs. price of ₦329.00 (91.8% above fair value)
  • GF Score™: 67/100 with 2 warning signs

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


Guinness Nigeria Business Description

Address Cocoa Industries Road, (Guinness Road) Ogba-Ikeja, Lagos, Lagos, NGA, 21071
Guinness Nigeria PLC is a beverage manufacturing company. The company is engaged in brewing, packaging, marketing and selling of various beverage brand including Guinness Foreign Extra Stout, Guinness Smooth, Malta Guinness, Smirnoff Ice, Dubic Malt, Orijin Spirit Mixed Drink, Orijin Bitters, Baileys Delight, Gordons Moringa, Captain Morgan Gold and Don Royale among others. Geographically, it derives a majority of revenue from Nigeria.
67GF Score

Get the complete analysis for NSA:GUIN

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

₦329.00
Price
₦171.51
GF Value