Carlson Investments SE (STU:2HB) Cyclically Adjusted Revenue per Share: €0.18 (As of Dec. 2025)

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STU:2HB Carlson Investments SE STU:2HB
29 GF Score
Price €0.56
GF Value €0.22
! 5 Warning Signs
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What is Carlson Investments SE Cyclically Adjusted Revenue per Share?

Carlson Investments SE STU:2HB 29 Cyclically Adjusted Revenue per Share is €0.18 as of Dec. 2025. GuruFocus rates STU:2HB with a GF Score™ of 29/100 and a GF Value™ of €0.22. The stock has 5 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.

Carlson Investments SE's adjusted revenue per share for the three months ended in Dec. 2025 was €0.002. 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 €0.18 for the trailing ten years ended in Dec. 2025.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -20.20% 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 Carlson Investments SE was 0.70% per year. The lowest was -56.40% per year. And the median was -25.05% per year.

As of today (2026-07-18), Carlson Investments SE's current stock price is €0.56. Carlson Investments SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was €0.18. Carlson Investments SE's Cyclically Adjusted PS Ratio of today is 3.11.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Carlson Investments SE was 49.53. The lowest was 0.18. And the median was 5.82.


Carlson Investments SE  (STU:2HB) 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.

Carlson Investments SE's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.56/0.18
=3.11

* 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 Carlson Investments SE was 49.53. The lowest was 0.18. And the median was 5.82.


Be Aware

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


Carlson Investments SE Cyclically Adjusted Revenue per Share Related Terms


Carlson Investments SE Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Carlson Investments SE'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.

Carlson Investments SE Cyclically Adjusted Revenue per Share Chart

Carlson Investments SE 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 0.33 0.19 0.21 0.20 0.18

Carlson Investments SE 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 0.20 0.21 0.25 0.20 0.18

STU:2HB vs BLK, BX, KKR: Cyclically Adjusted Revenue per Share Comparison

For the Asset Management subindustry, Carlson Investments SE'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.


Carlson Investments SE Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Carlson Investments SE's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Carlson Investments SE's Cyclically Adjusted PS Ratio falls into.


STU:2HB
29GF Score
Carlson Investments SE STU:2HB
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carlson Investments SE 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, Carlson Investments SE'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)
=0.002/158.3200*158.3200
=0.002

Current CPI (Dec. 2025) = 158.3200.

Carlson Investments SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.016 98.983 0.026
201606 0.037 99.552 0.059
201609 0.021 99.064 0.034
201612 0.019 100.366 0.030
201703 0.010 101.018 0.016
201706 0.023 101.180 0.036
201709 0.011 101.343 0.017
201712 0.206 102.564 0.318
201803 0.000 102.564 0.000
201806 0.007 103.378 0.011
201809 0.002 103.378 0.003
201812 0.052 103.785 0.079
201903 0.000 104.274 0.000
201906 0.118 105.983 0.176
201909 0.000 105.983 0.000
201912 0.114 107.123 0.168
202003 0.021 109.076 0.030
202006 0.015 109.402 0.022
202009 0.024 109.320 0.035
202012 0.105 109.565 0.152
202103 0.111 112.658 0.156
202106 0.011 113.960 0.015
202109 0.100 115.588 0.137
202112 0.051 119.088 0.068
202203 0.025 125.031 0.032
202206 0.042 131.705 0.050
202209 0.064 135.531 0.075
202212 0.030 139.113 0.034
202303 0.033 145.950 0.036
202306 0.104 147.009 0.112
202309 0.050 146.113 0.054
202312 0.014 147.741 0.015
202403 0.029 149.044 0.031
202406 0.036 150.997 0.038
202409 0.042 153.439 0.043
202412 0.001 154.660 0.001
202503 0.037 157.021 0.037
202506 0.036 157.509 0.036
202509 -0.040 158.000 -0.040
202512 0.002 158.320 0.002

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 €0.18 mean?
Carlson Investments SE (STU:2HB) has a Cyclically Adjusted Revenue per Share of €0.18 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 Carlson Investments SE and its competitors.
Is Carlson Investments SE's Cyclically Adjusted Revenue per Share too high?
Carlson Investments SE's current Cyclically Adjusted Revenue per Share is €0.18. Overall, Carlson Investments SE has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Carlson Investments SE's Cyclically Adjusted Revenue per Share compare to BLK and BX?
Carlson Investments SE's Cyclically Adjusted Revenue per Share of €0.18 can be compared against companies in the Asset Management 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 Asset Management company?
A good Cyclically Adjusted Revenue per Share depends on the Asset Management 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 Carlson Investments SE and its competitors. Carlson Investments SE's current Cyclically Adjusted Revenue per Share is €0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carlson Investments SE stock overvalued right now?
Carlson Investments SE (STU:2HB) has a current Cyclically Adjusted Revenue per Share of €0.18. The stock's GF Value™ is €0.22, compared to a current price of €0.56 — trading 154.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €0.18. Carlson Investments SE's overall GF Score™ is 29/100 with 5 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 Carlson Investments SE (STU:2HB), the current Cyclically Adjusted Revenue per Share is €0.18 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 Carlson Investments SE (STU:2HB) Overvalued in 2026?

Based on GuruFocus' analysis, Carlson Investments SE stock appears to be overvalued. The current stock price of €0.56 is trading 154.5% above its estimated GF Value™ of €0.22.

Key valuation signals for STU:2HB:

  • Cyclically Adjusted Revenue per Share: €0.18
  • GF Value™: €0.22 vs. price of €0.56 (154.5% above fair value)
  • GF Score™: 29/100 with 5 warning signs

No single metric tells the full story. See the STU:2HB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carlson Investments SE Business Description

Other Exchanges CAI:Poland
Address Sienna 72/6, Warsaw, POL, 00-831
Carlson Investments SE plans to invest capital in early-stage companies, also known as start-ups.
29GF Score

Get the complete analysis for STU:2HB

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

€0.56
Price
€0.22
GF Value