Less (WAR:LES) Cyclically Adjusted Revenue per Share: zł37.01 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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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.
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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:LES Less SA WAR:LES
31 GF Score
Price zł0.24
! 2 Warning Signs
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What is Less Cyclically Adjusted Revenue per Share?

Less WAR:LES -2.05% 31 Cyclically Adjusted Revenue per Share is zł37.01 as of Mar. 2026. GuruFocus rates WAR:LES with a GF Score™ of 31/100. The stock has 2 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.

Less's adjusted revenue per share for the three months ended in Mar. 2026 was zł0.031. 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 zł37.01 for the trailing ten years ended in Mar. 2026.

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 (2026-07-21), Less's current stock price is zł0.239. Less's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was zł37.01. Less's Cyclically Adjusted PS Ratio of today is 0.01.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Less was 0.20. The lowest was 0.01. And the median was 0.04.


Less  (WAR:LES) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.239/37.01
=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 Less was 0.20. The lowest was 0.01. And the median was 0.04.


Be Aware

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


Less Cyclically Adjusted Revenue per Share Related Terms


Less Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Less'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.

Less Cyclically Adjusted Revenue per Share Chart

Less 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 0.00

Less 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 0.00 0.00 0.00 0.00 37.01

WAR:LES vs ORLY, AZO, GPC: Cyclically Adjusted Revenue per Share Comparison

For the Auto Parts subindustry, Less'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.


Less Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

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

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


WAR:LES
31GF Score
Less SA WAR:LES
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Less 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, Less'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)
=0.031/163.0700*163.0700
=0.031

Current CPI (Mar. 2026) = 163.0700.

Less Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.849 99.552 9.581
201609 5.191 99.064 8.545
201612 5.754 100.366 9.349
201703 63.738 101.018 102.891
201706 6.399 101.180 10.313
201709 5.946 101.343 9.568
201712 0.513 102.564 0.816
201803 4.808 102.564 7.644
201806 4.396 103.378 6.934
201809 2.936 103.378 4.631
201812 2.895 103.785 4.549
201903 3.540 104.274 5.536
201906 3.511 105.983 5.402
201909 1.862 105.983 2.865
201912 -8.913 107.123 -13.568
202003 0.000 109.076 0.000
202006 0.455 109.402 0.678
202009 0.000 109.320 0.000
202012 0.002 109.565 0.003
202103 0.000 112.658 0.000
202106 0.000 113.960 0.000
202109 0.006 115.588 0.008
202112 0.000 119.088 0.000
202203 0.000 125.031 0.000
202206 0.000 131.705 0.000
202209 0.000 135.531 0.000
202212 0.000 139.113 0.000
202303 0.000 145.950 0.000
202306 0.000 147.009 0.000
202309 0.000 146.113 0.000
202312 0.000 147.741 0.000
202403 0.000 149.044 0.000
202406 0.000 150.997 0.000
202409 0.000 153.439 0.000
202412 0.000 154.660 0.000
202503 0.000 157.021 0.000
202506 0.000 157.509 0.000
202509 0.000 158.000 0.000
202512 0.000 158.320 0.000
202603 0.031 163.070 0.031

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 zł37.01 mean?
Less (WAR:LES) has a Cyclically Adjusted Revenue per Share of zł37.01 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 Less and its competitors.
Is Less' Cyclically Adjusted Revenue per Share too high?
Less' current Cyclically Adjusted Revenue per Share is zł37.01. Overall, Less has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Less' Cyclically Adjusted Revenue per Share compare to ORLY and AZO?
Less' Cyclically Adjusted Revenue per Share of zł37.01 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 Less and its competitors. Less's current Cyclically Adjusted Revenue per Share is zł37.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Less stock overvalued right now?
Less (WAR:LES) has a current Cyclically Adjusted Revenue per Share of zł37.01. The current Cyclically Adjusted Revenue per Share is zł37.01. Less' overall GF Score™ is 31/100 with 2 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 Less (WAR:LES), the current Cyclically Adjusted Revenue per Share is zł37.01 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.

Less Business Description

Address Kosciuszki 19, Wroclaw, POL, 50-027
Less SA formerly Groclin SA is a Poland based company involved in the operations of the automotive sector in Europe. It provides seat covers for automotive and aircraft industries, as well as for buses and trains; and seats for passengers cars, and utility vehicles and aircraft.
31GF Score

Get the complete analysis for WAR:LES

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

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