Develia (WAR:DVL) Cyclically Adjusted Revenue per Share: zł3.07 (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.

WAR:DVL Develia SA WAR:DVL
88 GF Score
Price zł10.68
GF Value zł8.22
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Develia Cyclically Adjusted Revenue per Share?

Develia WAR:DVL -1.66% 88 Cyclically Adjusted Revenue per Share is zł3.07 as of Mar. 2026. GuruFocus rates WAR:DVL with a GF Score™ of 88/100 and a GF Value™ of zł8.22 (Modestly Overvalued). The stock has 9 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.

Develia's adjusted revenue per share for the three months ended in Mar. 2026 was zł1.913. 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 zł3.07 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Develia's average Cyclically Adjusted Revenue Growth Rate was 18.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 22.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 21.90% 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 Develia was 25.20% per year. The lowest was 17.30% per year. And the median was 20.90% per year.

As of today (2026-07-17), Develia's current stock price is zł10.68. Develia's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was zł3.07. Develia's Cyclically Adjusted PS Ratio of today is 3.48.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Develia was 4.49. The lowest was 1.15. And the median was 2.44.


Develia  (WAR:DVL) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.68/3.07
=3.48

* 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 Develia was 4.49. The lowest was 1.15. And the median was 2.44.


Be Aware

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


Develia Cyclically Adjusted Revenue per Share Related Terms


Develia Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Develia'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.

Develia Cyclically Adjusted Revenue per Share Chart

Develia Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 1.40 1.82 2.22 2.60

Develia Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 2.60 2.65 2.74 2.85 3.07

Develia Cyclically Adjusted Revenue per Share Competitor Comparison

For the Real Estate - Development subindustry, Develia'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.


Develia Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Develia's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


WAR:DVL
88GF Score
Develia SA WAR:DVL
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Develia 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, Develia'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)
=1.913/163.0700*163.0700
=1.913

Current CPI (Mar. 2026) = 163.0700.

Develia Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.193 98.983 0.318
201606 0.473 99.552 0.775
201609 0.152 99.064 0.250
201612 0.410 100.366 0.666
201703 0.429 101.018 0.693
201706 0.363 101.180 0.585
201709 0.507 101.343 0.816
201712 0.278 102.564 0.442
201803 0.577 102.564 0.917
201806 0.517 103.378 0.816
201809 0.335 103.378 0.528
201812 0.356 103.785 0.559
201903 0.940 104.274 1.470
201906 0.472 105.983 0.726
201909 0.184 105.983 0.283
201912 0.235 107.123 0.358
202003 0.413 109.076 0.617
202006 0.090 109.402 0.134
202009 0.220 109.320 0.328
202012 0.444 109.565 0.661
202103 0.408 112.658 0.591
202106 0.405 113.960 0.580
202109 0.491 115.588 0.693
202112 0.705 119.088 0.965
202203 0.224 125.031 0.292
202206 0.039 131.705 0.048
202209 0.448 135.531 0.539
202212 1.670 139.113 1.958
202303 0.576 145.950 0.644
202306 0.377 147.009 0.418
202309 0.810 146.113 0.904
202312 1.813 147.741 2.001
202403 0.901 149.044 0.986
202406 0.535 150.997 0.578
202409 0.869 153.439 0.924
202412 1.630 154.660 1.719
202503 0.544 157.021 0.565
202506 1.095 157.509 1.134
202509 1.233 158.000 1.273
202603 1.913 163.070 1.913

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 zł3.07 mean?
Develia (WAR:DVL) has a Cyclically Adjusted Revenue per Share of zł3.07 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 Develia and its competitors.
Is Develia's Cyclically Adjusted Revenue per Share too high?
Develia's current Cyclically Adjusted Revenue per Share is zł3.07. Overall, Develia has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Develia's Cyclically Adjusted Revenue per Share compare to competitors?
Develia's Cyclically Adjusted Revenue per Share of zł3.07 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Revenue per Share depends on the Real Estate 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 Develia and its competitors. Develia's current Cyclically Adjusted Revenue per Share is zł3.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Develia stock overvalued right now?
Based on GuruFocus' analysis, Develia (WAR:DVL) is currently considered Modestly Overvalued. The stock's GF Value™ is zł8.22, compared to a current price of zł10.68 — trading 29.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is zł3.07. Develia's overall GF Score™ is 88/100 with 9 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 Develia (WAR:DVL), the current Cyclically Adjusted Revenue per Share is zł3.07 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 Develia (WAR:DVL) Overvalued in 2026?

Based on GuruFocus' analysis, Develia stock appears to be overvalued. The current stock price of zł10.68 is trading 29.9% above its estimated GF Value™ of zł8.22. GuruFocus considers Develia to be Modestly Overvalued.

Key valuation signals for WAR:DVL:

  • Cyclically Adjusted Revenue per Share: zł3.07
  • GF Value™: zł8.22 vs. price of zł10.68 (29.9% above fair value)
  • GF Score™: 88/100 with 9 warning signs

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


Develia Business Description

Other Exchanges 0LVI:UK94L:Germany
Address ul. Powstancow Slaskich 2-4, Wroclaw, POL, 53-333
Develia SA is a Poland based real estate developer. The company executes commercial and residential investment projects. It is engaged in activities, consisting of the purchasing of real estate and the development of residential, office, commercial or retail projects, and the sale or lease of premises. Its properties are built in Polish cities including Warsaw, Wroclaw, Krakow, Katowice, Gdansk, and Lodz.
88GF Score

Get the complete analysis for WAR:DVL

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

zł10.68
Price
zł8.22
GF Value