Vestas Wind Systems AS (WAR:VEST) Cyclically Adjusted Revenue per Share: zł56.11 (As of Mar. 2026)

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WAR:VEST Vestas Wind Systems AS WAR:VEST
61 GF Score
Price zł101.95
GF Value zł93.59
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Vestas Wind Systems AS Cyclically Adjusted Revenue per Share?

Vestas Wind Systems AS WAR:VEST 61 Cyclically Adjusted Revenue per Share is zł56.11 as of Mar. 2026. GuruFocus rates WAR:VEST with a GF Score™ of 61/100 and a GF Value™ of zł93.59 (Fairly Valued). The stock has 4 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.

Vestas Wind Systems AS's adjusted revenue per share for the three months ended in Mar. 2026 was zł16.713. 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 zł56.11 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Vestas Wind Systems AS's average Cyclically Adjusted Revenue Growth Rate was 8.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.50% 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 Vestas Wind Systems AS was 12.80% per year. The lowest was 8.30% per year. And the median was 10.80% per year.

As of today (2026-07-31), Vestas Wind Systems AS's current stock price is zł101.95. Vestas Wind Systems AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was zł56.11. Vestas Wind Systems AS's Cyclically Adjusted PS Ratio of today is 1.82.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Vestas Wind Systems AS was 4.52. The lowest was 0.80. And the median was 1.93.


Vestas Wind Systems AS  (WAR:VEST) 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.

Vestas Wind Systems AS's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=101.95/56.11
=1.82

* 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 Vestas Wind Systems AS was 4.52. The lowest was 0.80. And the median was 1.93.


Be Aware

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


Vestas Wind Systems AS Cyclically Adjusted Revenue per Share Related Terms


Vestas Wind Systems AS Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Vestas Wind Systems AS'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.

Vestas Wind Systems AS Cyclically Adjusted Revenue per Share Chart

Vestas Wind Systems AS 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 65.05

Vestas Wind Systems AS 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 68.48 64.25 65.05 56.11

WAR:VEST vs GEV, ETN, PH: Cyclically Adjusted Revenue per Share Comparison

For the Specialty Industrial Machinery subindustry, Vestas Wind Systems AS'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.


Vestas Wind Systems AS Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vestas Wind Systems AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Vestas Wind Systems AS's Cyclically Adjusted PS Ratio falls into.


WAR:VEST
61GF Score
Vestas Wind Systems AS WAR:VEST
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vestas Wind Systems AS 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, Vestas Wind Systems AS'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)
=16.713/121.6800*121.6800
=16.713

Current CPI (Mar. 2026) = 121.6800.

Vestas Wind Systems AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 9.731 100.600 11.770
201609 11.031 100.200 13.396
201612 12.055 100.300 14.625
201703 7.062 101.200 8.491
201706 8.664 101.200 10.417
201709 11.491 101.800 13.735
201712 13.196 101.300 15.851
201803 7.651 101.700 9.154
201806 9.865 102.300 11.734
201809 12.050 102.400 14.319
201812 14.545 102.100 17.334
201903 7.596 102.900 8.982
201906 8.955 102.900 10.589
201909 15.003 102.900 17.741
201912 19.892 102.900 23.522
202003 9.425 103.300 11.102
202006 21.285 103.200 25.097
202009 21.436 103.500 25.201
202012 18.781 103.400 22.101
202103 8.984 104.300 10.481
202106 15.530 105.000 17.997
202109 23.285 105.800 26.780
202112 18.213 106.600 20.789
202203 10.124 109.900 11.209
202206 13.163 113.600 14.099
202209 14.771 116.400 15.441
202212 18.528 115.900 19.452
202303 11.205 117.300 11.623
202306 14.484 116.400 15.141
202309 17.957 117.400 18.612
202312 19.511 116.700 20.344
202403 11.209 118.400 11.520
202406 13.424 118.500 13.784
202409 21.976 118.900 22.490
202412 22.444 118.900 22.969
202503 14.002 120.200 14.174
202506 15.131 120.700 15.254
202509 23.259 121.600 23.274
202512 26.784 121.200 26.890
202603 16.713 121.680 16.713

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 zł56.11 mean?
Vestas Wind Systems AS (WAR:VEST) has a Cyclically Adjusted Revenue per Share of zł56.11 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 Vestas Wind Systems AS and its competitors.
Is Vestas Wind Systems AS's Cyclically Adjusted Revenue per Share too high?
Vestas Wind Systems AS's current Cyclically Adjusted Revenue per Share is zł56.11. Overall, Vestas Wind Systems AS has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vestas Wind Systems AS's Cyclically Adjusted Revenue per Share compare to GEV and ETN?
Vestas Wind Systems AS's Cyclically Adjusted Revenue per Share of zł56.11 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Cyclically Adjusted Revenue per Share depends on the Industrial Products 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 Vestas Wind Systems AS and its competitors. Vestas Wind Systems AS's current Cyclically Adjusted Revenue per Share is zł56.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vestas Wind Systems AS stock overvalued right now?
Based on GuruFocus' analysis, Vestas Wind Systems AS (WAR:VEST) is currently considered Fairly Valued. The stock's GF Value™ is zł93.59, compared to a current price of zł101.95 — trading 8.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is zł56.11. Vestas Wind Systems AS's overall GF Score™ is 61/100 with 4 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 Vestas Wind Systems AS (WAR:VEST), the current Cyclically Adjusted Revenue per Share is zł56.11 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 Vestas Wind Systems AS (WAR:VEST) Overvalued in 2026?

Based on GuruFocus' analysis, Vestas Wind Systems AS stock appears to be overvalued. The current stock price of zł101.95 is trading 8.9% above its estimated GF Value™ of zł93.59. GuruFocus considers Vestas Wind Systems AS to be Fairly Valued.

Key valuation signals for WAR:VEST:

  • Cyclically Adjusted Revenue per Share: zł56.11
  • GF Value™: zł93.59 vs. price of zł101.95 (8.9% above fair value)
  • GF Score™: 61/100 with 4 warning signs

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


Vestas Wind Systems AS Business Description

Address Hedeager 42, Aarhus, DNK, 8200
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.
61GF Score

Get the complete analysis for WAR:VEST

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

zł101.95
Price
zł93.59
GF Value