PJP Makrum (WAR:PJP) Cyclically Adjusted Revenue per Share: zł74.89 (As of Mar. 2026)

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WAR:PJP PJP Makrum SA WAR:PJP
73 GF Score
Price zł20.50
GF Value zł17.22
Valuation Modestly Overvalued
! 14 Warning Signs
View Full Analysis

What is PJP Makrum Cyclically Adjusted Revenue per Share?

PJP Makrum WAR:PJP 73 Cyclically Adjusted Revenue per Share is zł74.89 as of Mar. 2026. GuruFocus rates WAR:PJP with a GF Score™ of 73/100 and a GF Value™ of zł17.22 (Modestly Overvalued). The stock has 14 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.

PJP Makrum's adjusted revenue per share for the three months ended in Mar. 2026 was zł14.724. 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 zł74.89 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PJP Makrum's average Cyclically Adjusted Revenue Growth Rate was 10.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 15.90% 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 PJP Makrum was 19.70% per year. The lowest was 10.80% per year. And the median was 18.40% per year.

As of today (2026-07-29), PJP Makrum's current stock price is zł20.50. PJP Makrum's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was zł74.89. PJP Makrum's Cyclically Adjusted PS Ratio of today is 0.27.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PJP Makrum was 0.65. The lowest was 0.14. And the median was 0.27.


PJP Makrum  (WAR:PJP) 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.

PJP Makrum's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=20.50/74.89
=0.27

* 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 PJP Makrum was 0.65. The lowest was 0.14. And the median was 0.27.


Be Aware

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


PJP Makrum Cyclically Adjusted Revenue per Share Related Terms


PJP Makrum Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for PJP Makrum'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.

PJP Makrum Cyclically Adjusted Revenue per Share Chart

PJP Makrum 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 40.27 52.81 59.28 65.53 71.90

PJP Makrum 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 67.62 68.77 70.27 71.90 74.89

WAR:PJP vs PWR, FIX, EME: Cyclically Adjusted Revenue per Share Comparison

For the Engineering & Construction subindustry, PJP Makrum'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.


PJP Makrum Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, PJP Makrum's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


WAR:PJP
73GF Score
PJP Makrum SA WAR:PJP
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PJP Makrum 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, PJP Makrum'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)
=14.724/163.0700*163.0700
=14.724

Current CPI (Mar. 2026) = 163.0700.

PJP Makrum Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.243 99.552 8.588
201609 5.436 99.064 8.948
201612 5.956 100.366 9.677
201703 5.284 101.018 8.530
201706 8.437 101.180 13.598
201709 9.408 101.343 15.138
201712 10.164 102.564 16.160
201803 9.257 102.564 14.718
201806 11.283 103.378 17.798
201809 12.237 103.378 19.303
201812 10.996 103.785 17.277
201903 8.083 104.274 12.641
201906 9.277 105.983 14.274
201909 12.017 105.983 18.490
201912 16.352 107.123 24.892
202003 13.859 109.076 20.719
202006 15.108 109.402 22.519
202009 13.150 109.320 19.615
202012 14.916 109.565 22.200
202103 9.542 112.658 13.812
202106 10.650 113.960 15.240
202109 14.031 115.588 19.795
202112 18.252 119.088 24.993
202203 17.729 125.031 23.123
202206 26.327 131.705 32.597
202209 25.037 135.531 30.124
202212 19.951 139.113 23.387
202303 15.219 145.950 17.004
202306 17.059 147.009 18.923
202309 20.235 146.113 22.583
202312 19.351 147.741 21.359
202403 16.890 149.044 18.480
202406 18.902 150.997 20.413
202409 19.258 153.439 20.467
202412 18.929 154.660 19.958
202503 18.591 157.021 19.307
202506 18.407 157.509 19.057
202509 22.480 158.000 23.201
202512 24.537 158.320 25.273
202603 14.724 163.070 14.724

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 zł74.89 mean?
PJP Makrum (WAR:PJP) has a Cyclically Adjusted Revenue per Share of zł74.89 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 PJP Makrum and its competitors.
Is PJP Makrum's Cyclically Adjusted Revenue per Share too high?
PJP Makrum's current Cyclically Adjusted Revenue per Share is zł74.89. Overall, PJP Makrum has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PJP Makrum's Cyclically Adjusted Revenue per Share compare to PWR and FIX?
PJP Makrum's Cyclically Adjusted Revenue per Share of zł74.89 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted Revenue per Share depends on the Construction 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 PJP Makrum and its competitors. PJP Makrum's current Cyclically Adjusted Revenue per Share is zł74.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PJP Makrum stock overvalued right now?
Based on GuruFocus' analysis, PJP Makrum (WAR:PJP) is currently considered Modestly Overvalued. The stock's GF Value™ is zł17.22, compared to a current price of zł20.50 — trading 19% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is zł74.89. PJP Makrum's overall GF Score™ is 73/100 with 14 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 PJP Makrum (WAR:PJP), the current Cyclically Adjusted Revenue per Share is zł74.89 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 PJP Makrum (WAR:PJP) Overvalued in 2026?

Based on GuruFocus' analysis, PJP Makrum stock appears to be overvalued. The current stock price of zł20.50 is trading 19% above its estimated GF Value™ of zł17.22. GuruFocus considers PJP Makrum to be Modestly Overvalued.

Key valuation signals for WAR:PJP:

  • Cyclically Adjusted Revenue per Share: zł74.89
  • GF Value™: zł17.22 vs. price of zł20.50 (19% above fair value)
  • GF Score™: 73/100 with 14 warning signs

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


PJP Makrum Business Description

Address Plac Koscieleckich 3, Bydgoszcz, POL, 85-033
PJP Makrum SA operates in three areas. The first consists of the production of steel structures for the energy and chemical industries and environmental protection. The second segment focuses on commercial construction (industrial facilities, warehouses, and retail space). The third activity is docking solutions.
73GF Score

Get the complete analysis for WAR:PJP

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

zł20.50
Price
zł17.22
GF Value