Thomson Reuters (STU:TOC0) Cyclically Adjusted Revenue per Share: €12.93 (As of Jun. 2026)

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STU:TOC0 Thomson Reuters Corp STU:TOC0
72 GF Score
Price €90.25
GF Value €163.09
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Thomson Reuters Cyclically Adjusted Revenue per Share?

Thomson Reuters STU:TOC0 +2.21% 72 Cyclically Adjusted Revenue per Share is €12.93 as of Jun. 2026. GuruFocus rates STU:TOC0 with a GF Score™ of 72/100 and a GF Value™ of €163.09 (Significantly Undervalued). The stock has 1 warning sign 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.

Thomson Reuters's adjusted revenue per share for the three months ended in Jun. 2026 was €3.867. 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 €12.93 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Thomson Reuters's average Cyclically Adjusted Revenue Growth Rate was 0.50% per year. 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 1.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.40% 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 Thomson Reuters was 3.40% per year. The lowest was -2.10% per year. And the median was 0.50% per year.

As of today (2026-08-11), Thomson Reuters's current stock price is €90.25. Thomson Reuters's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €12.93. Thomson Reuters's Cyclically Adjusted PS Ratio of today is 6.98.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Thomson Reuters was 13.96. The lowest was 2.72. And the median was 6.23.


Thomson Reuters  (STU:TOC0) 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.

Thomson Reuters's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=90.25/12.93
=6.98

* 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 Thomson Reuters was 13.96. The lowest was 2.72. And the median was 6.23.


Be Aware

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


Thomson Reuters Cyclically Adjusted Revenue per Share Related Terms


Thomson Reuters Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Thomson Reuters'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.

Thomson Reuters Cyclically Adjusted Revenue per Share Chart

Thomson Reuters 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 13.35 13.90 13.93 13.55 12.80

Thomson Reuters 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 12.96 12.77 12.80 12.94 12.93

STU:TOC0 vs CTAS, CPRT, GPN: Cyclically Adjusted Revenue per Share Comparison

For the Specialty Business Services subindustry, Thomson Reuters'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.


Thomson Reuters Cyclically Adjusted PS Ratio vs Business Services Industry

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

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


STU:TOC0
72GF Score
Thomson Reuters Corp STU:TOC0
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thomson Reuters 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, Thomson Reuters'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)
=3.867/133.5265*133.5265
=3.867

Current CPI (Jun. 2026) = 133.5265.

Thomson Reuters Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.805 101.765 4.993
201612 4.286 101.449 5.641
201703 1.981 102.634 2.577
201706 1.830 103.029 2.372
201709 1.728 103.345 2.233
201712 1.944 103.345 2.512
201803 1.824 105.004 2.319
201806 1.834 105.557 2.320
201809 1.653 105.636 2.089
201812 2.577 105.399 3.265
201903 2.753 106.979 3.436
201906 2.638 107.690 3.271
201909 2.697 107.611 3.346
201912 2.999 107.769 3.716
202003 2.910 107.927 3.600
202006 2.642 108.401 3.254
202009 2.590 108.164 3.197
202012 2.807 108.559 3.453
202103 2.814 110.298 3.407
202106 2.694 111.720 3.220
202109 2.763 112.905 3.268
202112 3.266 113.774 3.833
202203 3.285 117.646 3.728
202206 3.302 120.806 3.650
202209 3.462 120.648 3.832
202212 3.651 120.964 4.030
202303 3.607 122.702 3.925
202306 3.282 124.203 3.528
202309 3.326 125.230 3.546
202312 3.712 125.072 3.963
202403 3.890 126.258 4.114
202406 3.641 127.522 3.812
202409 3.502 127.285 3.674
202412 4.109 127.364 4.308
202503 3.960 129.181 4.093
202506 3.430 129.892 3.526
202509 3.425 130.287 3.510
202512 3.909 130.366 4.004
202603 4.124 132.262 4.163
202606 3.867 133.527 3.867

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 €12.93 mean?
Thomson Reuters (STU:TOC0) has a Cyclically Adjusted Revenue per Share of €12.93 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 Thomson Reuters and its competitors.
Is Thomson Reuters' Cyclically Adjusted Revenue per Share too high?
Thomson Reuters' current Cyclically Adjusted Revenue per Share is €12.93. Overall, Thomson Reuters has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thomson Reuters' Cyclically Adjusted Revenue per Share compare to CTAS and CPRT?
Thomson Reuters' Cyclically Adjusted Revenue per Share of €12.93 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 Thomson Reuters and its competitors. Thomson Reuters's current Cyclically Adjusted Revenue per Share is €12.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thomson Reuters stock overvalued right now?
Based on GuruFocus' analysis, Thomson Reuters (STU:TOC0) is currently considered Significantly Undervalued. The stock's GF Value™ is €163.09, compared to a current price of €90.25 — trading 44.7% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €12.93. Thomson Reuters' overall GF Score™ is 72/100 with 1 warning sign 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 Thomson Reuters (STU:TOC0), the current Cyclically Adjusted Revenue per Share is €12.93 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 Thomson Reuters (STU:TOC0) Overvalued in 2026?

Based on GuruFocus' analysis, Thomson Reuters stock appears to be undervalued. The current stock price of €90.25 is trading 44.7% below its estimated GF Value™ of €163.09. GuruFocus considers Thomson Reuters to be Significantly Undervalued.

Key valuation signals for STU:TOC0:

  • Cyclically Adjusted Revenue per Share: €12.93
  • GF Value™: €163.09 vs. price of €90.25 (44.7% below fair value)
  • GF Score™: 72/100 with 1 warning sign

No single metric tells the full story. See the STU:TOC0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thomson Reuters Business Description

Address 19 Duncan Street, Toronto, ON, CAN, M5H 3H1
Thomson Reuters is a leading global provider of business information services, delivering trusted data, technology, and expertise to professionals across legal, tax, accounting, risk, compliance, and the news and media sectors. Headquartered in Toronto, Canada, the company combines deep domain knowledge with data and software solutions to help clients make informed decisions, manage complexity, and drive efficiency. Thomson Reuters serves legal and accounting/tax professionals, corporations, and governments worldwide, but around 75% of revenue is generated in the US. The company is known for flagship products such as Westlaw, UltraTax CS, and Reuters News.
72GF Score

Get the complete analysis for STU:TOC0

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

€90.25
Price
€163.09
GF Value