Makarony Polskie (WAR:MAK) Cyclically Adjusted Revenue per Share: zł28.71 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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WAR:MAK Makarony Polskie SA WAR:MAK
94 GF Score
Price zł24.40
GF Value zł19.26
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Makarony Polskie Cyclically Adjusted Revenue per Share?

Makarony Polskie WAR:MAK -1.21% 94 Cyclically Adjusted Revenue per Share is zł28.71 as of Mar. 2026. GuruFocus rates WAR:MAK with a GF Score™ of 94/100 and a GF Value™ of zł19.26 (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.

Makarony Polskie's adjusted revenue per share for the three months ended in Mar. 2026 was zł6.782. 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 zł28.71 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Makarony Polskie's average Cyclically Adjusted Revenue Growth Rate was 5.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.00% 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 Makarony Polskie was 13.80% per year. The lowest was 4.60% per year. And the median was 10.20% per year.

As of today (2026-07-22), Makarony Polskie's current stock price is zł24.40. Makarony Polskie's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was zł28.71. Makarony Polskie's Cyclically Adjusted PS Ratio of today is 0.85.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Makarony Polskie was 1.09. The lowest was 0.25. And the median was 0.41.


Makarony Polskie  (WAR:MAK) 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.

Makarony Polskie's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=24.40/28.71
=0.85

* 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 Makarony Polskie was 1.09. The lowest was 0.25. And the median was 0.41.


Be Aware

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


Makarony Polskie Cyclically Adjusted Revenue per Share Related Terms


Makarony Polskie Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Makarony Polskie'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.

Makarony Polskie Cyclically Adjusted Revenue per Share Chart

Makarony Polskie 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 18.11 22.28 24.79 26.69 27.77

Makarony Polskie 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 27.27 27.46 27.64 27.77 28.71

WAR:MAK vs KHC, GIS: Cyclically Adjusted Revenue per Share Comparison

For the Packaged Foods subindustry, Makarony Polskie'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.


Makarony Polskie Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Makarony Polskie's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


WAR:MAK
94GF Score
Makarony Polskie SA WAR:MAK
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Makarony Polskie 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, Makarony Polskie'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)
=6.782/163.0700*163.0700
=6.782

Current CPI (Mar. 2026) = 163.0700.

Makarony Polskie Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.962 99.552 4.852
201609 3.301 99.064 5.434
201612 3.684 100.366 5.986
201703 3.718 101.018 6.002
201706 3.422 101.180 5.515
201709 3.837 101.343 6.174
201712 4.684 102.564 7.447
201803 4.589 102.564 7.296
201806 3.629 103.378 5.724
201809 3.783 103.378 5.967
201812 4.526 103.785 7.111
201903 4.347 104.274 6.798
201906 4.312 105.983 6.635
201909 4.373 105.983 6.728
201912 4.869 107.123 7.412
202003 6.189 109.076 9.253
202006 4.677 109.402 6.971
202009 4.171 109.320 6.222
202012 5.172 109.565 7.698
202103 4.802 112.658 6.951
202106 4.070 113.960 5.824
202109 4.166 115.588 5.877
202112 5.068 119.088 6.940
202203 6.243 125.031 8.142
202206 7.192 131.705 8.905
202209 7.345 135.531 8.837
202212 9.028 139.113 10.583
202303 8.072 145.950 9.019
202306 8.407 147.009 9.326
202309 7.707 146.113 8.601
202312 7.955 147.741 8.780
202403 7.365 149.044 8.058
202406 6.465 150.997 6.982
202409 6.682 153.439 7.101
202412 6.969 154.660 7.348
202503 6.911 157.021 7.177
202506 6.660 157.509 6.895
202509 6.532 158.000 6.742
202512 6.827 158.320 7.032
202603 6.782 163.070 6.782

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 zł28.71 mean?
Makarony Polskie (WAR:MAK) has a Cyclically Adjusted Revenue per Share of zł28.71 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 Makarony Polskie and its competitors.
Is Makarony Polskie's Cyclically Adjusted Revenue per Share too high?
Makarony Polskie's current Cyclically Adjusted Revenue per Share is zł28.71. Overall, Makarony Polskie has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Makarony Polskie's Cyclically Adjusted Revenue per Share compare to KHC and GIS?
Makarony Polskie's Cyclically Adjusted Revenue per Share of zł28.71 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Revenue per Share depends on the Consumer Packaged Goods 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 Makarony Polskie and its competitors. Makarony Polskie's current Cyclically Adjusted Revenue per Share is zł28.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makarony Polskie stock overvalued right now?
Based on GuruFocus' analysis, Makarony Polskie (WAR:MAK) is currently considered Modestly Overvalued. The stock's GF Value™ is zł19.26, compared to a current price of zł24.40 — trading 26.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is zł28.71. Makarony Polskie's overall GF Score™ is 94/100 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 Makarony Polskie (WAR:MAK), the current Cyclically Adjusted Revenue per Share is zł28.71 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 Makarony Polskie (WAR:MAK) Overvalued in 2026?

Based on GuruFocus' analysis, Makarony Polskie stock appears to be overvalued. The current stock price of zł24.40 is trading 26.7% above its estimated GF Value™ of zł19.26. GuruFocus considers Makarony Polskie to be Modestly Overvalued.

Key valuation signals for WAR:MAK:

  • Cyclically Adjusted Revenue per Share: zł28.71
  • GF Value™: zł19.26 vs. price of zł24.40 (26.7% above fair value)
  • GF Score™: 94/100 with 6 warning signs

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


Makarony Polskie Business Description

Address Ulica Podkarpacka 15a, Rzeszow, POL, 35-082
Makarony Polskie SA is a Poland-based company involved in manufacturing pasta products in stamped and rolled technology. The company's segments include Pasta, Meat and vegetable preserves, Vegetable and fruit preserves, and others. It generates maximum revenue from the Pasta segment. Some of its products include spirals, elbows, farfalle, threads, shells, spaghetti, ribbons, waves, and others.
94GF Score

Get the complete analysis for WAR:MAK

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

zł24.40
Price
zł19.26
GF Value