Optiva (TSX:OPT) Cyclically Adjusted Revenue per Share: C$40.97 (As of Sep. 2025)

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:OPT Optiva Inc TSX:OPT
30 GF Score
Price C$0.25
GF Value C$5.12
! 6 Warning Signs
View Full Analysis

What is Optiva Cyclically Adjusted Revenue per Share?

Optiva TSX:OPT 30 Cyclically Adjusted Revenue per Share is C$40.97 as of Sep. 2025. GuruFocus rates TSX:OPT with a GF Score™ of 30/100 and a GF Value™ of C$5.12. The stock has 6 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.

Optiva's adjusted revenue per share for the three months ended in Sep. 2025 was C$2.243. 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$40.97 for the trailing ten years ended in Sep. 2025.

During the past 12 months, Optiva's average Cyclically Adjusted Revenue Growth Rate was -20.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -8.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -4.10% 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 Optiva was -0.30% per year. The lowest was -8.10% per year. And the median was -0.90% per year.

As of today (2026-07-18), Optiva's current stock price is C$0.245. Optiva's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 was C$40.97. Optiva's Cyclically Adjusted PS Ratio of today is 0.01.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Optiva was 0.92. The lowest was 0.01. And the median was 0.38.


Optiva  (TSX:OPT) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.245/40.97
=0.01

* 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 Optiva was 0.92. The lowest was 0.01. 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.


Optiva Cyclically Adjusted Revenue per Share Related Terms


Optiva Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Optiva'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.

Optiva Cyclically Adjusted Revenue per Share Chart

Optiva Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.79 62.95 63.84 60.63 48.87

Optiva Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 51.76 48.87 46.68 43.80 40.97

TSX:OPT vs MSFT, ORCL, PLTR: Cyclically Adjusted Revenue per Share Comparison

For the Software - Infrastructure subindustry, Optiva'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.


Optiva Cyclically Adjusted PS Ratio vs Software Industry

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

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


TSX:OPT
30GF Score
Optiva Inc TSX:OPT
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Optiva 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, Optiva's adjusted Revenue per Share data for the three months ended in Sep. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=2.243/130.2871*130.2871
=2.243

Current CPI (Sep. 2025) = 130.2871.

Optiva Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 20.776 100.500 26.934
201509 28.538 100.421 37.025
201512 24.756 99.947 32.271
201603 19.103 101.054 24.629
201606 18.978 102.002 24.241
201609 19.361 101.765 24.787
201612 22.926 101.449 29.443
201703 21.229 102.634 26.949
201706 19.959 103.029 25.240
201709 13.351 103.345 16.832
201712 8.394 103.345 10.582
201803 6.894 105.004 8.554
201806 8.035 105.557 9.917
201809 6.799 105.636 8.386
201812 6.572 105.399 8.124
201903 5.920 106.979 7.210
201906 5.817 107.690 7.038
202003 4.719 107.927 5.697
202006 5.081 108.401 6.107
202009 4.680 108.164 5.637
202012 4.371 108.559 5.246
202103 3.648 110.298 4.309
202106 3.253 111.720 3.794
202109 3.433 112.905 3.962
202112 3.315 113.774 3.796
202203 3.307 117.646 3.662
202206 3.191 120.806 3.441
202209 3.273 120.648 3.534
202212 3.317 120.964 3.573
202303 2.802 122.702 2.975
202306 2.385 124.203 2.502
202309 2.567 125.230 2.671
202312 2.613 125.072 2.722
202403 2.564 126.258 2.646
202406 2.514 127.522 2.569
202409 2.611 127.285 2.673
202412 2.753 127.364 2.816
202503 2.678 129.181 2.701
202506 2.252 129.892 2.259
202509 2.243 130.287 2.243

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$40.97 mean?
Optiva (TSX:OPT) has a Cyclically Adjusted Revenue per Share of C$40.97 as of Sep. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Optiva and its competitors.
Is Optiva's Cyclically Adjusted Revenue per Share too high?
Optiva's current Cyclically Adjusted Revenue per Share is C$40.97. Overall, Optiva has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Optiva's Cyclically Adjusted Revenue per Share compare to MSFT and ORCL?
Optiva's Cyclically Adjusted Revenue per Share of C$40.97 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 Optiva and its competitors. Optiva's current Cyclically Adjusted Revenue per Share is C$40.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Optiva stock overvalued right now?
Optiva (TSX:OPT) has a current Cyclically Adjusted Revenue per Share of C$40.97. The stock's GF Value™ is C$5.12, compared to a current price of C$0.25 — trading 95.2% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is C$40.97. Optiva's overall GF Score™ is 30/100 with 6 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 Optiva (TSX:OPT), the current Cyclically Adjusted Revenue per Share is C$40.97 as of Sep. 2025. 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 Optiva (TSX:OPT) Overvalued in 2026?

Based on GuruFocus' analysis, Optiva stock appears to be undervalued. The current stock price of C$0.25 is trading 95.2% below its estimated GF Value™ of C$5.12.

Key valuation signals for TSX:OPT:

  • Cyclically Adjusted Revenue per Share: C$40.97
  • GF Value™: C$5.12 vs. price of C$0.25 (95.2% below fair value)
  • GF Score™: 30/100 with 6 warning signs

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


Optiva Business Description

Address 2233 Argentia Road, Suite 302, East Tower, Mississauga, ON, CAN, L5N 2X7
Optiva Inc is engaged in offering software products to the telecommunications software market. The company's portfolio of products enables real-time billing, charging, policy management and user experience that are critical to customers' growth and performance. The company earns revenue from sale of software licenses, including initial perpetual licenses, term licenses, subscription licenses, capacity upgrades, professional services and managed services; third-party hardware and software components and customer support contracts. Some of the company's products include Optiva BSS Platform, Optiva Charging Engine, Optiva Partner Monetization among others. Geographically, the majority of the revenue for the company is generated from Europe, Middle East and Africa (EMEA) region.
30GF Score

Get the complete analysis for TSX:OPT

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

C$0.25
Price
C$5.12
GF Value