Freja eID Group AB (OSTO:FREJA) Cyclically Adjusted Revenue per Share: kr3.19 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

OSTO:FREJA Freja eID Group AB OSTO:FREJA
63 GF Score
Price kr19.05
GF Value kr13.23
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Freja eID Group AB Cyclically Adjusted Revenue per Share?

Freja eID Group AB OSTO:FREJA -3.79% 63 Cyclically Adjusted Revenue per Share is kr3.19 as of Jun. 2026. GuruFocus rates OSTO:FREJA with a GF Score™ of 63/100 and a GF Value™ of kr13.23 (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.

Freja eID Group AB's adjusted revenue per share for the three months ended in Jun. 2026 was kr0.515. 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 kr3.19 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Freja eID Group AB's average Cyclically Adjusted Revenue Growth Rate was -10.60% 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 (2026-08-29), Freja eID Group AB's current stock price is kr19.05. Freja eID Group AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was kr3.19. Freja eID Group AB's Cyclically Adjusted PS Ratio of today is 5.97.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Freja eID Group AB was 7.40. The lowest was 1.24. And the median was 2.72.


Freja eID Group AB  (OSTO:FREJA) 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.

Freja eID Group AB's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=19.05/3.19
=5.97

* 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 Freja eID Group AB was 7.40. The lowest was 1.24. And the median was 2.72.


Be Aware

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


Freja eID Group AB Cyclically Adjusted Revenue per Share Related Terms


Freja eID Group AB Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Freja eID Group AB'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.

Freja eID Group AB Cyclically Adjusted Revenue per Share Chart

Freja eID Group AB 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 4.13 3.73 3.34

Freja eID Group AB 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 3.57 3.42 3.34 3.26 3.19

OSTO:FREJA vs MSFT, ORCL, PLTR: Cyclically Adjusted Revenue per Share Comparison

For the Software - Infrastructure subindustry, Freja eID Group AB'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.


Freja eID Group AB Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Freja eID Group AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Freja eID Group AB's Cyclically Adjusted PS Ratio falls into.


OSTO:FREJA
63GF Score
Freja eID Group AB OSTO:FREJA
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Freja eID Group AB 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, Freja eID Group AB'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)
=0.515/134.6100*134.6100
=0.515

Current CPI (Jun. 2026) = 134.6100.

Freja eID Group AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.277 101.138 1.700
201612 1.412 102.022 1.863
201703 1.044 102.022 1.377
201706 0.911 102.752 1.193
201709 1.357 103.279 1.769
201712 1.146 103.793 1.486
201803 1.303 103.962 1.687
201806 1.397 104.875 1.793
201809 1.358 105.679 1.730
201812 1.354 105.912 1.721
201903 1.948 105.886 2.476
201906 0.595 106.742 0.750
201909 0.471 107.214 0.591
201912 0.409 107.766 0.511
202003 0.344 106.563 0.435
202006 0.426 107.498 0.533
202009 0.310 107.635 0.388
202012 0.401 108.296 0.498
202103 0.304 108.360 0.378
202106 0.332 108.928 0.410
202109 0.193 110.338 0.235
202112 0.310 112.486 0.371
202203 0.319 114.825 0.374
202206 0.357 118.384 0.406
202209 0.348 122.296 0.383
202212 0.535 126.365 0.570
202303 0.450 127.042 0.477
202306 0.396 129.407 0.412
202309 0.356 130.224 0.368
202312 0.399 131.912 0.407
202403 0.391 132.205 0.398
202406 0.380 132.716 0.385
202409 0.424 132.304 0.431
202412 0.468 132.987 0.474
202503 0.477 132.825 0.483
202506 0.420 133.699 0.423
202509 0.527 133.480 0.531
202512 0.481 133.390 0.485
202603 0.515 133.560 0.519
202606 0.515 134.610 0.515

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 kr3.19 mean?
Freja eID Group AB (OSTO:FREJA) has a Cyclically Adjusted Revenue per Share of kr3.19 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 Freja eID Group AB and its competitors.
Is Freja eID Group AB's Cyclically Adjusted Revenue per Share too high?
Freja eID Group AB's current Cyclically Adjusted Revenue per Share is kr3.19. Overall, Freja eID Group AB has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Freja eID Group AB's Cyclically Adjusted Revenue per Share compare to MSFT and ORCL?
Freja eID Group AB's Cyclically Adjusted Revenue per Share of kr3.19 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Revenue per Share depends on the Software 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 Freja eID Group AB and its competitors. Freja eID Group AB's current Cyclically Adjusted Revenue per Share is kr3.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freja eID Group AB stock overvalued right now?
Based on GuruFocus' analysis, Freja eID Group AB (OSTO:FREJA) is currently considered Significantly Overvalued. The stock's GF Value™ is kr13.23, compared to a current price of kr19.05 — trading 44% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is kr3.19. Freja eID Group AB's overall GF Score™ is 63/100 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 Freja eID Group AB (OSTO:FREJA), the current Cyclically Adjusted Revenue per Share is kr3.19 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 Freja eID Group AB (OSTO:FREJA) Overvalued in 2026?

Based on GuruFocus' analysis, Freja eID Group AB stock appears to be overvalued. The current stock price of kr19.05 is trading 44% above its estimated GF Value™ of kr13.23. GuruFocus considers Freja eID Group AB to be Significantly Overvalued.

Key valuation signals for OSTO:FREJA:

  • Cyclically Adjusted Revenue per Share: kr3.19
  • GF Value™: kr13.23 vs. price of kr19.05 (44% above fair value)
  • GF Score™: 63/100 with 1 warning sign

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


Freja eID Group AB Business Description

Address Vasagatan 40, Box 3328, Stockholm, SWE, 103 66
Freja eID Group AB is a Swedish tech company. The company offers an ID platform that gives the user control over their digital identity and data. Through the platform, the user can interact with companies and authorities but also with private individuals. The functions include e-identification, electronic signatures, sign-up, check-out, physical identification, and e-service identification. Its business is based on the Swedish market and the platform is built for international scalability.
63GF Score

Get the complete analysis for OSTO:FREJA

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

kr19.05
Price
kr13.23
GF Value