Altus (WAR:ALI) Cyclically Adjusted Revenue per Share: zł4.22 (As of Mar. 2026)

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WAR:ALI Altus SA WAR:ALI
74 GF Score
Price zł3.45
GF Value zł2.72
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Altus Cyclically Adjusted Revenue per Share?

Altus WAR:ALI -3.09% 74 Cyclically Adjusted Revenue per Share is zł4.22 as of Mar. 2026. GuruFocus rates WAR:ALI with a GF Score™ of 74/100 and a GF Value™ of zł2.72 (Modestly Overvalued). 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.

Altus's adjusted revenue per share for the three months ended in Mar. 2026 was zł0.319. 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 zł4.22 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Altus's average Cyclically Adjusted Revenue Growth Rate was -9.40% 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 (2026-07-22), Altus's current stock price is zł3.45. Altus's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was zł4.22. Altus's Cyclically Adjusted PS Ratio of today is 0.82.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Altus was 0.85. The lowest was 0.20. And the median was 0.48.


Altus  (WAR:ALI) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3.45/4.22
=0.82

* 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 Altus was 0.85. The lowest was 0.20. And the median was 0.48.


Be Aware

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


Altus Cyclically Adjusted Revenue per Share Related Terms


Altus Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Altus'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.

Altus Cyclically Adjusted Revenue per Share Chart

Altus 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 8.28 4.95 4.26

Altus 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 4.66 4.56 4.44 4.26 4.22

WAR:ALI vs BLK, BX, KKR: Cyclically Adjusted Revenue per Share Comparison

For the Asset Management subindustry, Altus'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.


Altus Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Altus's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


WAR:ALI
74GF Score
Altus SA WAR:ALI
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Altus 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, Altus'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)
=0.319/163.0700*163.0700
=0.319

Current CPI (Mar. 2026) = 163.0700.

Altus Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.710 99.552 2.801
201609 1.858 99.064 3.058
201612 1.044 100.366 1.696
201703 1.559 101.018 2.517
201706 1.701 101.180 2.741
201709 1.998 101.343 3.215
201712 1.519 102.564 2.415
201803 1.951 102.564 3.102
201806 1.729 103.378 2.727
201809 1.536 103.378 2.423
201812 1.028 103.785 1.615
201903 0.993 104.274 1.553
201906 0.770 105.983 1.185
201909 0.438 105.983 0.674
201912 0.424 107.123 0.645
202003 0.346 109.076 0.517
202006 0.363 109.402 0.541
202009 0.368 109.320 0.549
202012 0.390 109.565 0.580
202103 0.369 112.658 0.534
202106 0.368 113.960 0.527
202109 0.344 115.588 0.485
202112 0.329 119.088 0.451
202203 0.267 125.031 0.348
202206 0.255 131.705 0.316
202209 0.239 135.531 0.288
202212 0.256 139.113 0.300
202303 0.303 145.950 0.339
202306 0.358 147.009 0.397
202309 0.291 146.113 0.325
202312 0.373 147.741 0.412
202403 0.290 149.044 0.317
202406 0.297 150.997 0.321
202409 0.300 153.439 0.319
202412 0.322 154.660 0.340
202503 0.288 157.021 0.299
202506 0.291 157.509 0.301
202509 0.316 158.000 0.326
202512 0.412 158.320 0.424
202603 0.319 163.070 0.319

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 zł4.22 mean?
Altus (WAR:ALI) has a Cyclically Adjusted Revenue per Share of zł4.22 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 Altus and its competitors.
Is Altus' Cyclically Adjusted Revenue per Share too high?
Altus' current Cyclically Adjusted Revenue per Share is zł4.22. Overall, Altus has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altus' Cyclically Adjusted Revenue per Share compare to BLK and BX?
Altus' Cyclically Adjusted Revenue per Share of zł4.22 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Cyclically Adjusted Revenue per Share depends on the Asset Management 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 Altus and its competitors. Altus's current Cyclically Adjusted Revenue per Share is zł4.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altus stock overvalued right now?
Based on GuruFocus' analysis, Altus (WAR:ALI) is currently considered Modestly Overvalued. The stock's GF Value™ is zł2.72, compared to a current price of zł3.45 — trading 26.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is zł4.22. Altus' overall GF Score™ is 74/100 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 Altus (WAR:ALI), the current Cyclically Adjusted Revenue per Share is zł4.22 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 Altus (WAR:ALI) Overvalued in 2026?

Based on GuruFocus' analysis, Altus stock appears to be overvalued. The current stock price of zł3.45 is trading 26.8% above its estimated GF Value™ of zł2.72. GuruFocus considers Altus to be Modestly Overvalued.

Key valuation signals for WAR:ALI:

  • Cyclically Adjusted Revenue per Share: zł4.22
  • GF Value™: zł2.72 vs. price of zł3.45 (26.8% above fair value)
  • GF Score™: 74/100 with 6 warning signs

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


Altus Business Description

Address ul. Pankiewicza 3, Warszawa, POL, 00-696
Altus SA is a fund management company. Its principal activities are the creation and management of investment funds, including brokerage in sales and redemption of share units and management of portfolios. In addition, it also provides investment advice and acts as a representative of foreign funds.
74GF Score

Get the complete analysis for WAR:ALI

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

zł3.45
Price
zł2.72
GF Value