Varsav Game Studios (STU:2QW) Cyclically Adjusted Revenue per Share: €0.02 (As of Mar. 2026)

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STU:2QW Varsav Game Studios SA STU:2QW
54 GF Score
Price €0.10
GF Value €0.15
! 5 Warning Signs
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What is Varsav Game Studios Cyclically Adjusted Revenue per Share?

Varsav Game Studios STU:2QW 54 Cyclically Adjusted Revenue per Share is €0.02 as of Mar. 2026. GuruFocus rates STU:2QW with a GF Score™ of 54/100 and a GF Value™ of €0.15. 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.

Varsav Game Studios's adjusted revenue per share for the three months ended in Mar. 2026 was €0.004. 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 €0.02 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Varsav Game Studios's average Cyclically Adjusted Revenue Growth Rate was -33.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -20.60% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Varsav Game Studios was -12.60% per year. The lowest was -20.60% per year. And the median was -16.60% per year.

As of today (2026-08-02), Varsav Game Studios's current stock price is €0.095. Varsav Game Studios's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €0.02. Varsav Game Studios's Cyclically Adjusted PS Ratio of today is 4.75.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Varsav Game Studios was 8.50. The lowest was 2.46. And the median was 3.22.


Varsav Game Studios  (STU:2QW) 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.

Varsav Game Studios's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.095/0.02
=4.75

* 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 Varsav Game Studios was 8.50. The lowest was 2.46. And the median was 3.22.


Be Aware

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


Varsav Game Studios Cyclically Adjusted Revenue per Share Related Terms


Varsav Game Studios Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Varsav Game Studios'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.

Varsav Game Studios Cyclically Adjusted Revenue per Share Chart

Varsav Game Studios 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 0.05 0.04 0.04 0.03 0.02

Varsav Game Studios Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.03 0.03 0.02 0.02 0.02

STU:2QW vs NTES, EA, TTWO: Cyclically Adjusted Revenue per Share Comparison

For the Electronic Gaming & Multimedia subindustry, Varsav Game Studios'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.


Varsav Game Studios Cyclically Adjusted PS Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Varsav Game Studios's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Varsav Game Studios's Cyclically Adjusted PS Ratio falls into.


STU:2QW
54GF Score
Varsav Game Studios SA STU:2QW
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Varsav Game Studios 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, Varsav Game Studios's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.004/163.0700*163.0700
=0.004

Current CPI (Mar. 2026) = 163.0700.

Varsav Game Studios Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 99.552 0.000
201609 0.015 99.064 0.025
201612 0.002 100.366 0.003
201703 0.000 101.018 0.000
201706 0.004 101.180 0.006
201709 0.005 101.343 0.008
201712 0.000 102.564 0.000
201803 0.000 102.564 0.000
201806 0.000 103.378 0.000
201809 0.003 103.378 0.005
201812 0.000 103.785 0.000
201903 0.015 104.274 0.023
201906 0.015 105.983 0.023
201909 0.002 105.983 0.003
201912 0.015 107.123 0.023
202003 0.000 109.076 0.000
202006 0.004 109.402 0.006
202009 0.000 109.320 0.000
202012 0.002 109.565 0.003
202103 0.001 112.658 0.001
202106 0.002 113.960 0.003
202109 0.004 115.588 0.006
202112 0.003 119.088 0.004
202203 0.004 125.031 0.005
202206 0.002 131.705 0.002
202209 0.005 135.531 0.006
202212 0.002 139.113 0.002
202303 0.002 145.950 0.002
202306 0.002 147.009 0.002
202309 0.006 146.113 0.007
202312 0.005 147.741 0.006
202403 0.005 149.044 0.005
202406 0.004 150.997 0.004
202409 0.004 153.439 0.004
202412 0.003 154.660 0.003
202503 0.002 157.021 0.002
202506 0.004 157.509 0.004
202509 0.003 158.000 0.003
202512 0.008 158.320 0.008
202603 0.004 163.070 0.004

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 €0.02 mean?
Varsav Game Studios (STU:2QW) has a Cyclically Adjusted Revenue per Share of €0.02 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Varsav Game Studios and its competitors.
Is Varsav Game Studios' Cyclically Adjusted Revenue per Share too high?
Varsav Game Studios' current Cyclically Adjusted Revenue per Share is €0.02. Overall, Varsav Game Studios has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Varsav Game Studios' Cyclically Adjusted Revenue per Share compare to NTES and EA?
Varsav Game Studios' Cyclically Adjusted Revenue per Share of €0.02 can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Cyclically Adjusted Revenue per Share depends on the Interactive Media 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 Varsav Game Studios and its competitors. Varsav Game Studios's current Cyclically Adjusted Revenue per Share is €0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varsav Game Studios stock overvalued right now?
Varsav Game Studios (STU:2QW) has a current Cyclically Adjusted Revenue per Share of €0.02. The stock's GF Value™ is €0.15, compared to a current price of €0.10 — trading 36.7% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €0.02. Varsav Game Studios' overall GF Score™ is 54/100 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 Varsav Game Studios (STU:2QW), the current Cyclically Adjusted Revenue per Share is €0.02 as of Mar. 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 Varsav Game Studios (STU:2QW) Overvalued in 2026?

Based on GuruFocus' analysis, Varsav Game Studios stock appears to be undervalued. The current stock price of €0.10 is trading 36.7% below its estimated GF Value™ of €0.15.

Key valuation signals for STU:2QW:

  • Cyclically Adjusted Revenue per Share: €0.02
  • GF Value™: €0.15 vs. price of €0.10 (36.7% below fair value)
  • GF Score™: 54/100 with 5 warning signs

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


Varsav Game Studios Business Description

Other Exchanges VAR:Poland
Address Aleje Jerozolimskie 123A, Warsaw, POL, 02-017
Varsav Game Studios SA is a Poland-based company. It is mainly engaged in the production of PC and mobile games and applications. The company offers various services to the gaming industry, including portfolio building and providing technological and financial support. Games developed by the company include Bee Simulator, AR Kicker, Crowd Dragons, Metamorphosis, and Interkosmos.
54GF Score

Get the complete analysis for STU:2QW

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

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