Icon (STU:IJF) Cyclically Adjusted Revenue per Share: € (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:IJF Icon PLC STU:IJF
90 GF Score
Price €142.85
GF Value €181.64
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Icon Cyclically Adjusted Revenue per Share?

Icon STU:IJF -3.15% 90 Cyclically Adjusted Revenue per Share is € as of Jun. 2026. GuruFocus rates STU:IJF with a GF Score™ of 90/100 and a GF Value™ of €181.64 (Modestly Undervalued). 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.

Icon's adjusted revenue per share for the three months ended in Jun. 2026 was €22.938. 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 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Icon's average Cyclically Adjusted Revenue Growth Rate was 13.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 15.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 19.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 16.40% 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 Icon was 23.60% per year. The lowest was 4.60% per year. And the median was 8.30% per year.

As of today (2026-09-20), Icon's current stock price is €142.85. Icon's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was . Icon's Cyclically Adjusted PS Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Icon was 8.20. The lowest was 1.20. And the median was 5.05.


Icon  (STU:IJF) 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Icon was 8.20. The lowest was 1.20. And the median was 5.05.


Be Aware

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


Icon Cyclically Adjusted Revenue per Share Related Terms


Icon Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Icon'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.

Icon Cyclically Adjusted Revenue per Share Chart

Icon 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 - - - - -

Icon 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 - - - - -

STU:IJF vs CRL, RVTY, MEDP: Cyclically Adjusted Revenue per Share Comparison

For the Diagnostics & Research subindustry, Icon'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.


Icon Cyclically Adjusted PS Ratio vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Icon's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


STU:IJF
90GF Score
Icon PLC STU:IJF
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Icon 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, Icon'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)
=22.938/128.6700*128.6700
=22.938

Current CPI (Jun. 2026) = 128.6700.

Icon Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 6.647 100.274 8.529
201612 7.246 99.676 9.354
201703 7.319 100.374 9.382
201706 7.183 100.673 9.181
201709 6.852 100.474 8.775
201712 7.048 100.075 9.062
201803 9.176 100.573 11.739
201806 9.817 101.072 12.498
201809 10.258 101.371 13.021
201812 10.924 100.773 13.948
201903 10.977 101.670 13.892
201906 11.362 102.168 14.309
201909 11.713 102.268 14.737
201912 12.084 102.068 15.233
202003 12.042 102.367 15.136
202006 10.621 101.769 13.428
202009 11.293 101.072 14.377
202012 11.966 101.072 15.233
202103 13.365 102.367 16.799
202106 13.547 103.364 16.864
202109 19.601 104.859 24.052
202112 19.912 106.653 24.022
202203 20.520 109.245 24.169
202206 22.061 112.779 25.169
202209 23.376 113.504 26.499
202212 23.343 115.436 26.019
202303 22.324 117.609 24.424
202306 22.465 119.662 24.156
202309 22.767 120.749 24.261
202312 23.123 120.749 24.640
202403 22.614 120.990 24.049
202406 22.752 122.318 23.933
202409 22.275 121.594 23.571
202412 23.505 122.439 24.701
202503 23.662 123.405 24.672
202506 22.616 124.492 23.375
202509 23.052 124.810 23.765
202512 23.478 125.770 24.019
202603 22.502 127.830 22.650
202606 22.938 128.670 22.938

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 € mean?
Icon (STU:IJF) has a Cyclically Adjusted Revenue per Share of € 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 Icon and its competitors.
Is Icon's Cyclically Adjusted Revenue per Share too high?
Icon's current Cyclically Adjusted Revenue per Share is €. Overall, Icon has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Icon's Cyclically Adjusted Revenue per Share compare to CRL and RVTY?
Icon's Cyclically Adjusted Revenue per Share of € can be compared against companies in the Medical Diagnostics & Research 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 Medical Diagnostics & Research company?
A good Cyclically Adjusted Revenue per Share depends on the Medical Diagnostics & Research 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 Icon and its competitors. Icon's current Cyclically Adjusted Revenue per Share is €. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icon stock overvalued right now?
Based on GuruFocus' analysis, Icon (STU:IJF) is currently considered Modestly Undervalued. The stock's GF Value™ is €181.64, compared to a current price of €142.85 — trading 21.4% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €. Icon's overall GF Score™ is 90/100 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 Icon (STU:IJF), the current Cyclically Adjusted Revenue per Share is € 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 Icon (STU:IJF) Overvalued in 2026?

Based on GuruFocus' analysis, Icon stock appears to be undervalued. The current stock price of €142.85 is trading 21.4% below its estimated GF Value™ of €181.64. GuruFocus considers Icon to be Modestly Undervalued.

Key valuation signals for STU:IJF:

  • Cyclically Adjusted Revenue per Share:
  • GF Value™: €181.64 vs. price of €142.85 (21.4% below fair value)
  • GF Score™: 90/100 with 5 warning signs

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


Icon Business Description

Other Exchanges ICLR:USAICLR34:Brazil
Address South County Business Park, Leopardstown, Dublin, IRL, D18 X5R3
Icon is a global contract research organization that provides outsourced clinical development services to pharmaceutical and biotechnology firms. Icon supports clients across late-stage clinical trials through the regulatory approval process and postmarket studies. Icon's services include clinical trial management, patient recruitment, data analytics, laboratory services, and regulatory consulting. With more than 40,000 employees operating in over 50 countries, the company partners with life sciences firms to run clinical trials and bring new drugs to market.
90GF Score

Get the complete analysis for STU:IJF

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

€142.85
Price
€181.64
GF Value