Elmera Group ASA (STU:1ZK) Cyclically Adjusted Revenue per Share: €11.08 (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.

STU:1ZK Elmera Group ASA STU:1ZK
68 GF Score
Price €4.20
GF Value €3.87
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Elmera Group ASA Cyclically Adjusted Revenue per Share?

Elmera Group ASA STU:1ZK 68 Cyclically Adjusted Revenue per Share is €11.08 as of Jun. 2026. GuruFocus rates STU:1ZK with a GF Score™ of 68/100 and a GF Value™ of €3.87 (Fairly Valued). 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.

Elmera Group ASA's adjusted revenue per share for the three months ended in Jun. 2026 was €2.849. 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 €11.08 for the trailing ten years ended in Jun. 2026.

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 (2026-08-31), Elmera Group ASA's current stock price is €4.195. Elmera Group ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €11.08. Elmera Group ASA's Cyclically Adjusted PS Ratio of today is 0.38.

During the past 11 years, the highest Cyclically Adjusted PS Ratio of Elmera Group ASA was 0.37. The lowest was 0.36. And the median was 0.36.


Elmera Group ASA  (STU:1ZK) 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.

Elmera Group ASA's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.195/11.08
=0.38

* 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 11 years, the highest Cyclically Adjusted PS Ratio of Elmera Group ASA was 0.37. The lowest was 0.36. And the median was 0.36.


Be Aware

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


Elmera Group ASA Cyclically Adjusted Revenue per Share Related Terms


Elmera Group ASA Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Elmera Group ASA'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.

Elmera Group ASA Cyclically Adjusted Revenue per Share Chart

Elmera Group ASA 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 0.00 0.00 0.00

Elmera Group ASA 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 0.00 0.00 0.00 0.00 11.08

STU:1ZK vs NEE, SO, DUK: Cyclically Adjusted Revenue per Share Comparison

For the Utilities - Regulated Electric subindustry, Elmera Group ASA'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.


Elmera Group ASA Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Elmera Group ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


STU:1ZK
68GF Score
Elmera Group ASA STU:1ZK
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elmera Group ASA 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, Elmera Group ASA'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)
=2.849/141.5800*141.5800
=2.849

Current CPI (Jun. 2026) = 141.5800.

Elmera Group ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.000 100.900 0.000
201612 0.000 104.400 0.000
201703 1.458 105.000 1.966
201706 0.899 105.800 1.203
201709 0.783 105.900 1.047
201712 1.371 106.100 1.829
201803 1.914 107.300 2.525
201806 1.310 108.500 1.709
201809 1.321 109.500 1.708
201812 2.052 109.800 2.646
201903 2.482 110.400 3.183
201906 1.389 110.600 1.778
201909 1.063 111.100 1.355
201912 1.934 111.300 2.460
202003 1.097 111.200 1.397
202006 0.592 112.100 0.748
202009 0.518 112.900 0.650
202012 1.289 112.900 1.616
202103 3.455 114.600 4.268
202106 2.106 115.300 2.586
202109 2.027 117.500 2.442
202112 5.067 118.900 6.034
202203 5.928 119.800 7.006
202206 3.488 122.600 4.028
202209 5.607 125.600 6.320
202212 7.452 125.900 8.380
202303 6.442 127.600 7.148
202306 2.764 130.400 3.001
202309 1.781 129.800 1.943
202312 4.080 131.900 4.379
202403 4.192 132.600 4.476
202406 1.643 133.800 1.739
202409 1.087 133.700 1.151
202412 2.577 134.800 2.707
202503 3.318 136.100 3.452
202506 1.575 137.800 1.618
202509 1.392 138.500 1.423
202512 3.027 139.100 3.081
202603 5.557 141.030 5.579
202606 2.849 141.580 2.849

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 €11.08 mean?
Elmera Group ASA (STU:1ZK) has a Cyclically Adjusted Revenue per Share of €11.08 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 Elmera Group ASA and its competitors.
Is Elmera Group ASA's Cyclically Adjusted Revenue per Share too high?
Elmera Group ASA's current Cyclically Adjusted Revenue per Share is €11.08. Overall, Elmera Group ASA has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Elmera Group ASA's Cyclically Adjusted Revenue per Share compare to NEE and SO?
Elmera Group ASA's Cyclically Adjusted Revenue per Share of €11.08 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Cyclically Adjusted Revenue per Share depends on the Utilities - Regulated 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 Elmera Group ASA and its competitors. Elmera Group ASA's current Cyclically Adjusted Revenue per Share is €11.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elmera Group ASA stock overvalued right now?
Based on GuruFocus' analysis, Elmera Group ASA (STU:1ZK) is currently considered Fairly Valued. The stock's GF Value™ is €3.87, compared to a current price of €4.20 — trading 8.4% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €11.08. Elmera Group ASA's overall GF Score™ is 68/100 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 Elmera Group ASA (STU:1ZK), the current Cyclically Adjusted Revenue per Share is €11.08 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 Elmera Group ASA (STU:1ZK) Overvalued in 2026?

Based on GuruFocus' analysis, Elmera Group ASA stock appears to be overvalued. The current stock price of €4.20 is trading 8.4% above its estimated GF Value™ of €3.87. GuruFocus considers Elmera Group ASA to be Fairly Valued.

Key valuation signals for STU:1ZK:

  • Cyclically Adjusted Revenue per Share: €11.08
  • GF Value™: €3.87 vs. price of €4.20 (8.4% above fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the STU:1ZK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elmera Group ASA Business Description

Other Exchanges FKRAFTo:SwedenELMRA:Norway
Address Folke Bernadottes Vei 38, Fyllingsdalen, Bergen, NOR, 5147
Elmera Group ASA is engaged in the sale of electrical power and related services. The company has three operating segments: Consumer, Business, and Nordic. The Consumer segment comprises the sale of electrical power and related services to private consumers in Norway. The Business segment includes the sale of electrical power and related services to business customers in Norway. The Nordic segment involves the sale of electrical power and related services to consumers in Finland and Sweden. It generates the majority of its revenue from the Consumer segment.
68GF Score

Get the complete analysis for STU:1ZK

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

€4.20
Price
€3.87
GF Value