Mercedes-Benz Group AG (TSX:BENZ) Cyclically Adjusted Revenue per Share: C$68.90 (As of Mar. 2026)

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TSX:BENZ Mercedes-Benz Group AG TSX:BENZ
57 GF Score
Price C$18.90
GF Value C$22.74
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Mercedes-Benz Group AG Cyclically Adjusted Revenue per Share?

Mercedes-Benz Group AG TSX:BENZ 57 Cyclically Adjusted Revenue per Share is C$68.90 as of Mar. 2026. GuruFocus rates TSX:BENZ with a GF Score™ of 57/100 and a GF Value™ of C$22.74 (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.

Mercedes-Benz Group AG's adjusted revenue per share for the three months ended in Mar. 2026 was C$14.792. 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$68.90 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.70% 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 Mercedes-Benz Group AG was 6.10% per year. The lowest was -5.10% per year. And the median was 3.80% per year.

As of today (2026-07-29), Mercedes-Benz Group AG's current stock price is C$18.90. Mercedes-Benz Group AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$68.90. Mercedes-Benz Group AG's Cyclically Adjusted PS Ratio of today is 0.27.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mercedes-Benz Group AG was 0.52. The lowest was 0.14. And the median was 0.38.


Mercedes-Benz Group AG  (TSX:BENZ) 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.

Mercedes-Benz Group AG's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=18.90/68.90
=0.27

* 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 Mercedes-Benz Group AG was 0.52. The lowest was 0.14. And the median was 0.38.


Be Aware

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


Mercedes-Benz Group AG Cyclically Adjusted Revenue per Share Related Terms


Mercedes-Benz Group AG Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Mercedes-Benz Group AG'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.

Mercedes-Benz Group AG Cyclically Adjusted Revenue per Share Chart

Mercedes-Benz Group AG 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 0.00 0.00 0.00 0.00 68.98

Mercedes-Benz Group AG 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 72.77 71.96 71.26 68.98 68.90

TSX:BENZ vs TSLA, GM, F: Cyclically Adjusted Revenue per Share Comparison

For the Auto Manufacturers subindustry, Mercedes-Benz Group AG'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.


Mercedes-Benz Group AG Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Mercedes-Benz Group AG's Cyclically Adjusted PS Ratio falls into.


TSX:BENZ
57GF Score
Mercedes-Benz Group AG TSX:BENZ
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mercedes-Benz Group AG 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, Mercedes-Benz Group AG'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)
=14.792/131.2583*131.2583
=14.792

Current CPI (Mar. 2026) = 131.2583.

Mercedes-Benz Group AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 14.707 100.717 19.167
201609 14.927 101.017 19.396
201612 15.173 101.217 19.676
201703 14.522 101.417 18.795
201706 16.184 102.117 20.802
201709 15.676 102.717 20.032
201712 17.325 102.617 22.161
201803 16.680 102.917 21.273
201806 16.428 104.017 20.730
201809 16.077 104.718 20.152
201812 18.729 104.217 23.589
201903 15.768 104.217 19.859
201906 16.835 105.718 20.902
201909 16.587 106.018 20.536
201912 18.217 105.818 22.597
202003 15.094 105.718 18.741
202006 12.109 106.618 14.908
202009 12.953 105.818 16.067
202012 15.027 105.518 18.693
202103 12.934 107.518 15.790
202106 13.207 108.486 15.979
202109 12.402 109.435 14.875
202112 13.399 110.384 15.933
202203 12.776 113.968 14.714
202206 12.965 115.760 14.701
202209 13.094 118.818 14.465
202212 15.512 119.345 17.060
202303 14.448 122.402 15.493
202306 14.530 123.140 15.488
202309 14.121 124.195 14.924
202312 15.723 123.773 16.674
202403 14.294 125.038 15.005
202406 14.910 125.882 15.547
202409 14.403 126.198 14.981
202412 16.679 127.041 17.233
202503 15.060 127.779 15.470
202506 15.261 128.412 15.599
202509 15.245 129.255 15.481
202512 15.927 129.361 16.161
202603 14.792 131.258 14.792

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$68.90 mean?
Mercedes-Benz Group AG (TSX:BENZ) has a Cyclically Adjusted Revenue per Share of C$68.90 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 Mercedes-Benz Group AG and its competitors.
Is Mercedes-Benz Group AG's Cyclically Adjusted Revenue per Share too high?
Mercedes-Benz Group AG's current Cyclically Adjusted Revenue per Share is C$68.90. Overall, Mercedes-Benz Group AG has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercedes-Benz Group AG's Cyclically Adjusted Revenue per Share compare to TSLA and GM?
Mercedes-Benz Group AG's Cyclically Adjusted Revenue per Share of C$68.90 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted Revenue per Share depends on the Vehicles & Parts 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 Mercedes-Benz Group AG and its competitors. Mercedes-Benz Group AG's current Cyclically Adjusted Revenue per Share is C$68.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercedes-Benz Group AG stock overvalued right now?
Based on GuruFocus' analysis, Mercedes-Benz Group AG (TSX:BENZ) is currently considered Modestly Undervalued. The stock's GF Value™ is C$22.74, compared to a current price of C$18.90 — trading 16.9% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is C$68.90. Mercedes-Benz Group AG's overall GF Score™ is 57/100 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 Mercedes-Benz Group AG (TSX:BENZ), the current Cyclically Adjusted Revenue per Share is C$68.90 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 Mercedes-Benz Group AG (TSX:BENZ) Overvalued in 2026?

Based on GuruFocus' analysis, Mercedes-Benz Group AG stock appears to be undervalued. The current stock price of C$18.90 is trading 16.9% below its estimated GF Value™ of C$22.74. GuruFocus considers Mercedes-Benz Group AG to be Modestly Undervalued.

Key valuation signals for TSX:BENZ:

  • Cyclically Adjusted Revenue per Share: C$68.90
  • GF Value™: C$22.74 vs. price of C$18.90 (16.9% below fair value)
  • GF Score™: 57/100 with 5 warning signs

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


Mercedes-Benz Group AG Business Description

Address Mercedesstrasse 120, Stuttgart, BW, DEU, 70372
Mercedes-Benz Group is a premium automotive original equipment manufacturer, selling around 2 million passenger cars, including its Chinese joint venture, and just under 400,000 vans per year. The company's financial profile improved significantly following the spinoff of Daimler Truck in 2021. Unlike most automotive OEMs, Mercedes operates under its brand alone. In 2025, 15% of its passenger cars sold were top end (G Class, Maybach, AMG, S Class), 58% were core (C and E Class), and 27% entry (A and B Class). In volume terms, Asia and Europe are Mercedes' largest markets, representing 41% and 36% of 2025 vehicle sales, respectively, followed by North America at 16%.
57GF Score

Get the complete analysis for TSX:BENZ

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

C$18.90
Price
C$22.74
GF Value