Dollarama (TSX:DOL) Cyclically Adjusted Revenue per Share: C$17.99 (As of Apr. 2026)

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TSX:DOL Dollarama Inc TSX:DOL
90 GF Score
Price C$185.25
GF Value C$181.73
Valuation Fairly Valued
View Full Analysis

What is Dollarama Cyclically Adjusted Revenue per Share?

Dollarama TSX:DOL +0.99% 90 Cyclically Adjusted Revenue per Share is C$17.99 as of Apr. 2026. GuruFocus rates TSX:DOL with a GF Score™ of 90/100 and a GF Value™ of C$181.73 (Fairly Valued).

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.

Dollarama's adjusted revenue per share for the three months ended in Apr. 2026 was C$6.752. 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$17.99 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Dollarama's average Cyclically Adjusted Revenue Growth Rate was 14.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 15.70% 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 Dollarama was 17.10% per year. The lowest was 14.20% per year. And the median was 15.70% per year.

As of today (2026-07-13), Dollarama's current stock price is C$185.25. Dollarama's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was C$17.99. Dollarama's Cyclically Adjusted PS Ratio of today is 10.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Dollarama was 12.34. The lowest was 4.94. And the median was 7.06.


Dollarama  (TSX:DOL) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=185.25/17.99
=10.30

* 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 Dollarama was 12.34. The lowest was 4.94. And the median was 7.06.


Be Aware

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


Dollarama Cyclically Adjusted Revenue per Share Related Terms


Dollarama Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Dollarama'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.

Dollarama Cyclically Adjusted Revenue per Share Chart

Dollarama Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.77 11.57 13.36 15.15 17.23

Dollarama Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 15.70 16.25 16.76 17.23 17.99

TSX:DOL vs WMT, COST, TGT: Cyclically Adjusted Revenue per Share Comparison

For the Discount Stores subindustry, Dollarama'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.


Dollarama Cyclically Adjusted PS Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Dollarama's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSX:DOL
90GF Score
Dollarama Inc TSX:DOL
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dollarama 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, Dollarama's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=6.752/132.7364*132.7364
=6.752

Current CPI (Apr. 2026) = 132.7364.

Dollarama Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 2.014 101.844 2.625
201610 2.061 102.002 2.682
201701 2.421 102.318 3.141
201704 2.031 103.029 2.617
201707 2.361 103.029 3.042
201710 2.378 103.424 3.052
201801 2.775 104.056 3.540
201804 2.275 105.320 2.867
201807 2.619 106.110 3.276
201810 2.628 105.952 3.292
201901 3.305 105.557 4.156
201904 2.605 107.453 3.218
201907 2.971 108.243 3.643
201910 2.982 107.927 3.667
202001 3.388 108.085 4.161
202004 2.707 107.216 3.351
202007 3.243 108.401 3.971
202010 3.402 108.638 4.157
202101 3.534 109.192 4.296
202104 3.071 110.851 3.677
202107 3.377 112.431 3.987
202110 3.709 113.695 4.330
202201 4.110 114.801 4.752
202204 3.643 118.357 4.086
202207 4.166 120.964 4.571
202210 4.452 121.517 4.863
202301 5.121 121.596 5.590
202304 4.524 123.571 4.860
202307 5.104 124.914 5.424
202310 5.211 125.310 5.520
202401 5.823 125.072 6.180
202404 5.026 126.890 5.258
202407 5.561 128.075 5.763
202410 5.534 127.838 5.746
202501 6.718 127.443 6.997
202504 5.468 129.102 5.622
202507 6.196 130.290 6.312
202510 6.917 130.603 7.030
202601 7.654 130.366 7.793
202604 6.752 132.736 6.752

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$17.99 mean?
Dollarama (TSX:DOL) has a Cyclically Adjusted Revenue per Share of C$17.99 as of Apr. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Dollarama and its competitors.
Is Dollarama's Cyclically Adjusted Revenue per Share too high?
Dollarama's current Cyclically Adjusted Revenue per Share is C$17.99. Overall, Dollarama has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dollarama's Cyclically Adjusted Revenue per Share compare to WMT and COST?
Dollarama's Cyclically Adjusted Revenue per Share of C$17.99 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Cyclically Adjusted Revenue per Share depends on the Retail - Defensive 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 Dollarama and its competitors. Dollarama's current Cyclically Adjusted Revenue per Share is C$17.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dollarama stock overvalued right now?
Based on GuruFocus' analysis, Dollarama (TSX:DOL) is currently considered Fairly Valued. The stock's GF Value™ is C$181.73, compared to a current price of C$185.25 — trading 1.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is C$17.99. Dollarama's overall GF Score™ is 90/100. 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 Dollarama (TSX:DOL), the current Cyclically Adjusted Revenue per Share is C$17.99 as of Apr. 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 Dollarama (TSX:DOL) Overvalued in 2026?

Based on GuruFocus' analysis, Dollarama stock appears to be overvalued. The current stock price of C$185.25 is trading 1.9% above its estimated GF Value™ of C$181.73. GuruFocus considers Dollarama to be Fairly Valued.

Key valuation signals for TSX:DOL:

  • Cyclically Adjusted Revenue per Share: C$17.99
  • GF Value™: C$181.73 vs. price of C$185.25 (1.9% above fair value)
  • GF Score™: 90/100

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


Dollarama Business Description

Address 5805 Royalmount Avenue, Montreal, QC, CAN, H4P 0A1
Dollarama is Canada's largest dollar store chain that sells a broad range of everyday consumables and household items at low fixed price points, currently capped at CAD 5. General merchandise and consumables make up 90% of total sales, and the rest is from festivity-related seasonal items. The retailer operates close to 1,700 stores across Canada, mostly in convenient locations in metropolitan areas, midsize cities, and small towns. It also holds a 60% stake in South American value retailer Dollarcity, which operates more than 600 stores across Colombia, Guatemala, El Salvador, Peru, and Mexico. In 2025, the firm closed its CAD 234 million acquisition of Australian retail chain The Reject Shop, which operates about 400 stores.
90GF Score

Get the complete analysis for TSX:DOL

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

C$185.25
Price
C$181.73
GF Value