TEAM (Atlassian) Cyclically Adjusted Revenue per Share: $12.75 (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.

TEAM Atlassian Corp TEAM
75 GF Score
Price $187.03
GF Value $282.85
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Atlassian Cyclically Adjusted Revenue per Share?

Atlassian TEAM -3.68% 75 Cyclically Adjusted Revenue per Share is $12.75 as of Jun. 2026. GuruFocus rates TEAM with a GF Score™ of 75/100 and a GF Value™ of $282.85 (Significantly Undervalued). The stock has 3 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.

Atlassian's adjusted revenue per share for the three months ended in Jun. 2026 was $6.987. 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 $12.75 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Atlassian's average Cyclically Adjusted Revenue Growth Rate was 25.50% 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.

As of today (2026-09-01), Atlassian's current stock price is $187.03. Atlassian's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $12.75. Atlassian's Cyclically Adjusted PS Ratio of today is 14.67.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Atlassian was 34.84. The lowest was 4.77. And the median was 19.53.


Atlassian  (NAS:TEAM) 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.

Atlassian's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=187.03/12.75
=14.67

* 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 Atlassian was 34.84. The lowest was 4.77. And the median was 19.53.


Be Aware

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


Atlassian Cyclically Adjusted Revenue per Share Related Terms


Atlassian Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Atlassian'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.

Atlassian Cyclically Adjusted Revenue per Share Chart

Atlassian Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 8.13 10.16 12.75

Atlassian 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 10.16 10.68 11.17 11.99 12.75

TEAM vs WDAY, MSTR, PAYX: Cyclically Adjusted Revenue per Share Comparison

For the Software - Application subindustry, Atlassian'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.


Atlassian Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Atlassian's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TEAM
75GF Score
Atlassian Corp TEAM
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atlassian 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, Atlassian'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)
=6.987/333.9520*333.9520
=6.987

Current CPI (Jun. 2026) = 333.9520.

Atlassian Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.626 241.428 0.866
201612 0.673 241.432 0.931
201703 0.716 243.801 0.981
201706 0.802 244.955 1.093
201709 0.857 246.819 1.160
201712 0.932 246.524 1.263
201803 0.966 249.554 1.293
201806 1.053 251.989 1.396
201809 1.132 252.439 1.498
201812 1.209 251.233 1.607
201903 1.292 254.202 1.697
201906 1.388 256.143 1.810
201909 1.448 256.759 1.883
201912 1.629 256.974 2.117
202003 1.676 258.115 2.168
202006 1.744 257.797 2.259
202009 1.853 260.280 2.377
202012 2.012 260.474 2.580
202103 2.229 264.877 2.810
202106 2.227 271.696 2.737
202109 2.436 274.310 2.966
202112 2.722 278.802 3.260
202203 2.895 287.504 3.363
202206 2.986 296.311 3.365
202209 3.164 296.808 3.560
202212 3.411 296.797 3.838
202303 3.565 301.836 3.944
202306 3.649 305.109 3.994
202309 3.791 307.789 4.113
202312 4.099 306.746 4.463
202403 4.543 312.332 4.857
202406 4.347 314.175 4.621
202409 4.560 315.301 4.830
202412 4.926 315.605 5.212
202503 5.165 319.799 5.394
202506 5.266 322.561 5.452
202509 5.447 324.800 5.600
202512 6.013 324.054 6.197
202603 6.848 330.213 6.926
202606 6.987 333.952 6.987

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 $12.75 mean?
Atlassian (TEAM) has a Cyclically Adjusted Revenue per Share of $12.75 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 Atlassian and its competitors.
Is Atlassian's Cyclically Adjusted Revenue per Share too high?
Atlassian's current Cyclically Adjusted Revenue per Share is $12.75. Overall, Atlassian has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Atlassian's Cyclically Adjusted Revenue per Share compare to WDAY and MSTR?
Atlassian's Cyclically Adjusted Revenue per Share of $12.75 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Revenue per Share depends on the Software 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 Atlassian and its competitors. Atlassian's current Cyclically Adjusted Revenue per Share is $12.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlassian stock overvalued right now?
Based on GuruFocus' analysis, Atlassian (TEAM) is currently considered Significantly Undervalued. The stock's GF Value™ is $282.85, compared to a current price of $187.03 — trading 33.9% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is $12.75. Atlassian's overall GF Score™ is 75/100 with 3 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 Atlassian (TEAM), the current Cyclically Adjusted Revenue per Share is $12.75 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 Atlassian (TEAM) Overvalued in 2026?

Based on GuruFocus' analysis, Atlassian stock appears to be undervalued. The current stock price of $187.03 is trading 33.9% below its estimated GF Value™ of $282.85. GuruFocus considers Atlassian to be Significantly Undervalued.

Key valuation signals for TEAM:

  • Cyclically Adjusted Revenue per Share: $12.75
  • GF Value™: $282.85 vs. price of $187.03 (33.9% below fair value)
  • GF Score™: 75/100 with 3 warning signs

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


Atlassian Business Description

Address 350 Bush Street, Floor 13, San Francisco, CA, USA, 94104
Atlassian produces software that helps teams work together more efficiently and effectively. The company provides project planning and management software, collaboration tools, and IT help desk solutions. The company operates in four segments: subscriptions (term licenses and cloud agreements), maintenance (annual maintenance contracts that provide support and periodic updates and are generally attached to perpetual license sales), perpetual license (upfront sale for indefinite usage of the software), and other (training, strategic consulting, and revenue from the Atlassian Marketplace app store). Atlassian was founded in 2002 and is headquartered in Sydney.
75GF Score

Get the complete analysis for TEAM

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

$187.03
Price
$282.85
GF Value