QUAD (Quad/Graphics) Cyclically Adjusted Revenue per Share: $78.77 (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.

QUAD Quad/Graphics Inc QUAD
54 GF Score
Price $10.11
GF Value $4.97
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Quad/Graphics Cyclically Adjusted Revenue per Share?

Quad/Graphics QUAD -1.51% 54 Cyclically Adjusted Revenue per Share is $78.77 as of Jun. 2026. GuruFocus rates QUAD with a GF Score™ of 54/100 and a GF Value™ of $4.97 (Significantly Overvalued). The stock has 7 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.

Quad/Graphics's adjusted revenue per share for the three months ended in Jun. 2026 was $11.550. 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 $78.77 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Quad/Graphics's average Cyclically Adjusted Revenue Growth Rate was -6.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -5.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.80% 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 Quad/Graphics was 0.40% per year. The lowest was -5.30% per year. And the median was -0.60% per year.

As of today (2026-08-06), Quad/Graphics's current stock price is $10.105. Quad/Graphics's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $78.77. Quad/Graphics's Cyclically Adjusted PS Ratio of today is 0.13.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Quad/Graphics was 0.20. The lowest was 0.02. And the median was 0.05.


Quad/Graphics  (NYSE:QUAD) 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.

Quad/Graphics's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.105/78.77
=0.13

* 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 Quad/Graphics was 0.20. The lowest was 0.02. And the median was 0.05.


Be Aware

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


Quad/Graphics Cyclically Adjusted Revenue per Share Related Terms


Quad/Graphics Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Quad/Graphics'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.

Quad/Graphics Cyclically Adjusted Revenue per Share Chart

Quad/Graphics 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 93.31 94.35 90.62 85.85 80.02

Quad/Graphics 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 84.09 82.63 80.02 79.73 78.77

QUAD vs SPIR, BUUU, CASS: Cyclically Adjusted Revenue per Share Comparison

For the Specialty Business Services subindustry, Quad/Graphics'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.


Quad/Graphics Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Quad/Graphics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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

Quad/Graphics 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, Quad/Graphics'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)
=11.55/333.9520*333.9520
=11.550

Current CPI (Jun. 2026) = 333.9520.

Quad/Graphics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 20.877 241.428 28.878
201612 23.359 241.432 32.310
201703 19.390 243.801 26.560
201706 18.631 244.955 25.400
201709 19.522 246.819 26.414
201712 18.779 246.524 25.439
201803 19.311 249.554 25.842
201806 19.343 251.989 25.635
201809 19.051 252.439 25.203
201812 22.057 251.233 29.319
201903 19.375 254.202 25.453
201906 18.940 256.143 24.693
201909 18.834 256.759 24.496
201912 21.398 256.974 27.808
202003 16.287 258.115 21.072
202006 11.529 257.797 14.935
202009 13.294 260.280 17.057
202012 16.666 260.474 21.367
202103 13.367 264.877 16.853
202106 13.217 271.696 16.246
202109 13.298 274.310 16.189
202112 15.944 278.802 19.098
202203 14.450 287.504 16.784
202206 14.006 296.311 15.785
202209 16.083 296.808 18.096
202212 17.357 296.797 19.530
202303 15.579 301.836 17.237
202306 14.262 305.109 15.610
202309 14.588 307.789 15.828
202312 16.693 306.746 18.174
202403 13.873 312.332 14.833
202406 13.296 314.175 14.133
202409 14.117 315.301 14.952
202412 14.882 315.605 15.747
202503 12.414 319.799 12.963
202506 12.015 322.561 12.439
202509 11.831 324.800 12.164
202512 13.332 324.054 13.739
202603 11.714 330.213 11.847
202606 11.550 333.952 11.550

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 $78.77 mean?
Quad/Graphics (QUAD) has a Cyclically Adjusted Revenue per Share of $78.77 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 Quad/Graphics and its competitors.
Is Quad/Graphics' Cyclically Adjusted Revenue per Share too high?
Quad/Graphics' current Cyclically Adjusted Revenue per Share is $78.77. Overall, Quad/Graphics has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Quad/Graphics' Cyclically Adjusted Revenue per Share compare to SPIR and BUUU?
Quad/Graphics' Cyclically Adjusted Revenue per Share of $78.77 can be compared against companies in the Business Services 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 Business Services company?
A good Cyclically Adjusted Revenue per Share depends on the Business Services 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 Quad/Graphics and its competitors. Quad/Graphics's current Cyclically Adjusted Revenue per Share is $78.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quad/Graphics stock overvalued right now?
Based on GuruFocus' analysis, Quad/Graphics (QUAD) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.97, compared to a current price of $10.11 — trading 103.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $78.77. Quad/Graphics' overall GF Score™ is 54/100 with 7 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 Quad/Graphics (QUAD), the current Cyclically Adjusted Revenue per Share is $78.77 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 Quad/Graphics (QUAD) Overvalued in 2026?

Based on GuruFocus' analysis, Quad/Graphics stock appears to be overvalued. The current stock price of $10.11 is trading 103.3% above its estimated GF Value™ of $4.97. GuruFocus considers Quad/Graphics to be Significantly Overvalued.

Key valuation signals for QUAD:

  • Cyclically Adjusted Revenue per Share: $78.77
  • GF Value™: $4.97 vs. price of $10.11 (103.3% above fair value)
  • GF Score™: 54/100 with 7 warning signs

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


Quad/Graphics Business Description

Other Exchanges QGU:Germany
Address N61 W23044 Harry\'s Way, Sussex, WI, USA, 53089-3995
Quad/Graphics Inc provides print and marketing services to help customers market their products, services, and contents. The company operates in the commercial segment of the printing industry. It operates through three divisions. The United States print and related services segment consists of the company's American operations. Besides the complete set of print and marketing solutions, this segment also manufactures ink. The international segment includes the company's printing business in Europe and Latin America and others countries. The corporate segment is engaged in the general and administrative activities as well as associated costs. The company almost generates all its revenue from the American domestic market..
54GF Score

Get the complete analysis for QUAD

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

$10.11
Price
$4.97
GF Value