Ag Growth International (TSX:AFN) Cyclically Adjusted Revenue per Share: C$66.10 (As of Mar. 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.

TSX:AFN Ag Growth International Inc TSX:AFN
54 GF Score
Price C$19.12
GF Value C$47.07
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Ag Growth International Cyclically Adjusted Revenue per Share?

Ag Growth International TSX:AFN +0.10% 54 Cyclically Adjusted Revenue per Share is C$66.10 as of Mar. 2026. GuruFocus rates TSX:AFN with a GF Score™ of 54/100 and a GF Value™ of C$47.07 (Possible Value Trap). The stock has 7 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.

Ag Growth International's adjusted revenue per share for the three months ended in Mar. 2026 was C$14.997. 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 C$66.10 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ag Growth International's average Cyclically Adjusted Revenue Growth Rate was 7.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 11.90% 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 Ag Growth International was 13.30% per year. The lowest was 8.50% per year. And the median was 12.25% per year.

As of today (2026-07-14), Ag Growth International's current stock price is C$19.12. Ag Growth International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$66.10. Ag Growth International's Cyclically Adjusted PS Ratio of today is 0.29.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ag Growth International was 2.34. The lowest was 0.27. And the median was 0.97.


Ag Growth International  (TSX:AFN) 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.

Ag Growth International's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=19.12/66.10
=0.29

* 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 Ag Growth International was 2.34. The lowest was 0.27. And the median was 0.97.


Be Aware

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


Ag Growth International Cyclically Adjusted Revenue per Share Related Terms


Ag Growth International Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Ag Growth International'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.

Ag Growth International Cyclically Adjusted Revenue per Share Chart

Ag Growth International 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 43.43 50.54 55.74 60.12 64.64

Ag Growth International 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 61.65 62.50 63.46 64.64 66.10

TSX:AFN vs CAT, DE, PCAR: Cyclically Adjusted Revenue per Share Comparison

For the Farm & Heavy Construction Machinery subindustry, Ag Growth International'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.


Ag Growth International Cyclically Adjusted PS Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ag Growth International's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSX:AFN
54GF Score
Ag Growth International Inc TSX:AFN
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ag Growth International 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, Ag Growth International'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)
=14.997/132.2623*132.2623
=14.997

Current CPI (Mar. 2026) = 132.2623.

Ag Growth International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 9.682 102.002 12.554
201609 8.539 101.765 11.098
201612 8.011 101.449 10.444
201703 9.897 102.634 12.754
201706 10.562 103.029 13.559
201709 10.370 103.345 13.272
201712 10.674 103.345 13.661
201803 12.844 105.004 16.178
201806 13.330 105.557 16.702
201809 11.349 105.636 14.210
201812 11.745 105.399 14.738
201903 11.465 106.979 14.175
201906 15.419 107.690 18.937
201909 13.949 107.611 17.144
201912 12.037 107.769 14.773
202003 12.264 107.927 15.029
202006 13.581 108.401 16.570
202009 15.040 108.164 18.391
202012 12.381 108.559 15.084
202103 13.327 110.298 15.981
202106 15.641 111.720 18.517
202109 16.708 112.905 19.573
202112 11.000 113.774 12.788
202203 13.401 117.646 15.066
202206 20.653 120.806 22.612
202209 20.765 120.648 22.764
202212 19.795 120.964 21.644
202303 15.845 122.702 17.080
202306 17.756 124.203 18.908
202309 17.480 125.230 18.462
202312 17.241 125.072 18.232
202403 16.151 126.258 16.919
202406 18.452 127.522 19.138
202409 16.165 127.285 16.797
202412 20.016 127.364 20.786
202503 15.314 129.181 15.679
202506 15.998 129.892 16.290
202509 17.876 130.287 18.147
202512 21.042 130.366 21.348
202603 14.997 132.262 14.997

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 C$66.10 mean?
Ag Growth International (TSX:AFN) has a Cyclically Adjusted Revenue per Share of C$66.10 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 Ag Growth International and its competitors.
Is Ag Growth International's Cyclically Adjusted Revenue per Share too high?
Ag Growth International's current Cyclically Adjusted Revenue per Share is C$66.10. Overall, Ag Growth International has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ag Growth International's Cyclically Adjusted Revenue per Share compare to CAT and DE?
Ag Growth International's Cyclically Adjusted Revenue per Share of C$66.10 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Cyclically Adjusted Revenue per Share depends on the Farm & Heavy Construction Machinery 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 Ag Growth International and its competitors. Ag Growth International's current Cyclically Adjusted Revenue per Share is C$66.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ag Growth International stock overvalued right now?
Based on GuruFocus' analysis, Ag Growth International (TSX:AFN) is currently considered Possible Value Trap. The stock's GF Value™ is C$47.07, compared to a current price of C$19.12 — trading 59.4% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is C$66.10. Ag Growth International's overall GF Score™ is 54/100 with 7 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 Ag Growth International (TSX:AFN), the current Cyclically Adjusted Revenue per Share is C$66.10 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 Ag Growth International (TSX:AFN) Overvalued in 2026?

Based on GuruFocus' analysis, Ag Growth International stock appears to be undervalued. The current stock price of C$19.12 is trading 59.4% below its estimated GF Value™ of C$47.07. GuruFocus considers Ag Growth International to be Possible Value Trap.

Key valuation signals for TSX:AFN:

  • Cyclically Adjusted Revenue per Share: C$66.10
  • GF Value™: C$47.07 vs. price of C$19.12 (59.4% below fair value)
  • GF Score™: 54/100 with 7 warning signs

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


Ag Growth International Business Description

Other Exchanges AGGZF:USA7AG:Germany
Address 198 Commerce Drive, Winnipeg, MB, CAN, R3P 0Z6
Ag Growth International Inc manufactures portable and stationary grain handling, storage, and conditioning equipment, including augers, belt conveyors, grain storage bins, grain handling accessories, grain aeration equipment, and grain drying systems. It has two reportable segments, Farm and Commercial. It has manufacturing facilities in Canada, the United States, Italy, Brazil, France, the United Kingdom, and India. Its geographical segments are Canada, the United States, and the International.
54GF Score

Get the complete analysis for TSX:AFN

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

C$19.12
Price
C$47.07
GF Value