Unilever Nigeria (NSA:LEVBROS) Cyclically Adjusted Revenue per Share: ₦20.51 (As of Dec. 2025)

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NSA:LEVBROS Unilever Nigeria PLC NSA:LEVBROS
84 GF Score
Price ₦122.65
GF Value ₦52.04
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Unilever Nigeria Cyclically Adjusted Revenue per Share?

Unilever Nigeria NSA:LEVBROS 84 Cyclically Adjusted Revenue per Share is ₦20.51 as of Dec. 2025. GuruFocus rates NSA:LEVBROS with a GF Score™ of 84/100 and a GF Value™ of ₦52.04 (Significantly Overvalued). The stock has 1 warning sign 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.

Unilever Nigeria's adjusted revenue per share for the three months ended in Dec. 2025 was ₦10.220. 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 ₦20.51 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Unilever Nigeria's average Cyclically Adjusted Revenue Growth Rate was 12.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.30% 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 Unilever Nigeria was 7.30% per year. The lowest was 4.00% per year. And the median was 5.65% per year.

As of today (2026-07-15), Unilever Nigeria's current stock price is ₦122.65. Unilever Nigeria's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was ₦20.51. Unilever Nigeria's Cyclically Adjusted PS Ratio of today is 5.98.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Unilever Nigeria was 8.29. The lowest was 0.59. And the median was 0.90.


Unilever Nigeria  (NSA:LEVBROS) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=122.65/20.51
=5.98

* 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 Unilever Nigeria was 8.29. The lowest was 0.59. And the median was 0.90.


Be Aware

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


Unilever Nigeria Cyclically Adjusted Revenue per Share Related Terms


Unilever Nigeria Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Unilever 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.

Unilever Nigeria Cyclically Adjusted Revenue per Share Chart

Unilever Nigeria 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 16.13 16.60 17.00 18.17 20.51

Unilever Nigeria Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 18.17 18.81 19.34 20.01 20.51

NSA:LEVBROS vs PG, CL, KVUE: Cyclically Adjusted Revenue per Share Comparison

For the Household & Personal Products subindustry, Unilever 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.


Unilever Nigeria Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Unilever Nigeria's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSA:LEVBROS
84GF Score
Unilever Nigeria PLC NSA:LEVBROS
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Unilever 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, Unilever Nigeria's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=10.22/324.0540*324.0540
=10.220

Current CPI (Dec. 2025) = 324.0540.

Unilever Nigeria Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 3.446 236.525 4.721
201603 4.292 238.132 5.841
201606 3.896 241.018 5.238
201609 4.311 241.428 5.786
201612 5.165 241.432 6.933
201706 5.418 244.955 7.168
201709 6.084 246.819 7.988
201712 3.331 246.524 4.379
201803 4.190 249.554 5.441
201806 4.140 251.989 5.324
201809 4.212 252.439 5.407
201812 3.617 251.233 4.665
201903 3.289 254.202 4.193
201906 4.111 256.143 5.201
201909 1.553 256.759 1.960
201912 1.787 256.974 2.253
202003 2.272 258.115 2.852
202006 2.401 257.797 3.018
202009 3.273 260.280 4.075
202012 1.287 260.474 1.601
202103 3.020 264.877 3.695
202106 2.843 271.696 3.391
202109 2.813 274.310 3.323
202112 3.544 278.802 4.119
202203 3.579 287.504 4.034
202206 4.046 296.311 4.425
202209 3.649 296.808 3.984
202212 0.693 296.797 0.757
202303 3.564 301.836 3.826
202306 4.330 305.109 4.599
202309 4.501 307.789 4.739
202312 5.687 306.746 6.008
202403 5.625 312.332 5.836
202406 5.499 314.175 5.672
202409 6.928 315.301 7.120
202412 7.904 315.605 8.116
202503 8.177 319.799 8.286
202506 8.899 322.561 8.940
202509 9.985 324.800 9.962
202512 10.220 324.054 10.220

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 ₦20.51 mean?
Unilever Nigeria (NSA:LEVBROS) has a Cyclically Adjusted Revenue per Share of ₦20.51 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 Unilever Nigeria and its competitors.
Is Unilever Nigeria's Cyclically Adjusted Revenue per Share too high?
Unilever Nigeria's current Cyclically Adjusted Revenue per Share is ₦20.51. Overall, Unilever Nigeria has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Unilever Nigeria's Cyclically Adjusted Revenue per Share compare to PG and CL?
Unilever Nigeria's Cyclically Adjusted Revenue per Share of ₦20.51 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Revenue per Share depends on the Consumer Packaged Goods 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 Unilever Nigeria and its competitors. Unilever Nigeria's current Cyclically Adjusted Revenue per Share is ₦20.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unilever Nigeria stock overvalued right now?
Based on GuruFocus' analysis, Unilever Nigeria (NSA:LEVBROS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦52.04, compared to a current price of ₦122.65 — trading 135.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₦20.51. Unilever Nigeria's overall GF Score™ is 84/100 with 1 warning sign 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 Unilever Nigeria (NSA:LEVBROS), the current Cyclically Adjusted Revenue per Share is ₦20.51 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 Unilever Nigeria (NSA:LEVBROS) Overvalued in 2026?

Based on GuruFocus' analysis, Unilever Nigeria stock appears to be overvalued. The current stock price of ₦122.65 is trading 135.7% above its estimated GF Value™ of ₦52.04. GuruFocus considers Unilever Nigeria to be Significantly Overvalued.

Key valuation signals for NSA:LEVBROS:

  • Cyclically Adjusted Revenue per Share: ₦20.51
  • GF Value™: ₦52.04 vs. price of ₦122.65 (135.7% above fair value)
  • GF Score™: 84/100 with 1 warning sign

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


Unilever Nigeria Business Description

Address 1 Billings Way, P.O. Box 1063, Oregun, Ikeja, Lagos, NGA
Unilever Nigeria PLC is principally involved in the manufacture and marketing of Nutrition, Beauty & Wellbeing, and Personal Care products. It has manufacturing sites in Oregun, Lagos State, and Agbara, Ogun State. The company's operating segments are: Foods, Personal Care, and Beauty & Wellbeing. Maximum revenue is generated from the Foods segment, which includes the sale of savoury products. The Personal Care segment includes the sale of oral care and deodorant products, and the Beauty & Wellbeing segment includes sales of skin care products. Geographically, the company generates maximum revenue from its business in Nigeria, and to a lesser extent, also exports its products to other countries.
84GF Score

Get the complete analysis for NSA:LEVBROS

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

₦122.65
Price
₦52.04
GF Value