Aerodrom Nikola Tesla ad (XBEL:AERO) Cyclically Adjusted Revenue per Share: RSD384.59 (As of Jun. 2026)

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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
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XBEL:AERO Aerodrom Nikola Tesla ad XBEL:AERO
81 GF Score
Price RSD2,089.00
GF Value RSD2,491.02
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Aerodrom Nikola Tesla ad Cyclically Adjusted Revenue per Share?

Aerodrom Nikola Tesla ad XBEL:AERO 81 Cyclically Adjusted Revenue per Share is RSD384.59 as of Jun. 2026. GuruFocus rates XBEL:AERO with a GF Score™ of 81/100 and a GF Value™ of RSD2,491.02 (Modestly Undervalued). The stock has 5 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.

Aerodrom Nikola Tesla ad's adjusted revenue per share for the three months ended in Jun. 2026 was RSD27.666. 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 RSD384.59 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Aerodrom Nikola Tesla ad's average Cyclically Adjusted Revenue Growth Rate was -1.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.40% 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 Aerodrom Nikola Tesla ad was -3.40% per year. The lowest was -3.40% per year. And the median was -3.40% per year.

As of today (2026-08-21), Aerodrom Nikola Tesla ad's current stock price is RSD2089.00. Aerodrom Nikola Tesla ad's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was RSD384.59. Aerodrom Nikola Tesla ad's Cyclically Adjusted PS Ratio of today is 5.43.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Aerodrom Nikola Tesla ad was 6.60. The lowest was 3.27. And the median was 4.93.


Aerodrom Nikola Tesla ad  (XBEL:AERO) 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.

Aerodrom Nikola Tesla ad's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2089.00/384.59
=5.43

* 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 Aerodrom Nikola Tesla ad was 6.60. The lowest was 3.27. And the median was 4.93.


Be Aware

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


Aerodrom Nikola Tesla ad Cyclically Adjusted Revenue per Share Related Terms


Aerodrom Nikola Tesla ad Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Aerodrom Nikola Tesla ad'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.

Aerodrom Nikola Tesla ad Cyclically Adjusted Revenue per Share Chart

Aerodrom Nikola Tesla ad 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 0.00 416.01 407.33 392.12 375.23

Aerodrom Nikola Tesla ad Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 388.51 378.82 375.23 0.00 384.59

XBEL:AERO vs JOBY, CAAP: Cyclically Adjusted Revenue per Share Comparison

For the Airports & Air Services subindustry, Aerodrom Nikola Tesla ad'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.


Aerodrom Nikola Tesla ad Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Aerodrom Nikola Tesla ad's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Aerodrom Nikola Tesla ad's Cyclically Adjusted PS Ratio falls into.


XBEL:AERO
81GF Score
Aerodrom Nikola Tesla ad XBEL:AERO
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aerodrom Nikola Tesla ad 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, Aerodrom Nikola Tesla ad's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=27.666/333.9520*333.9520
=27.666

Current CPI (Jun. 2026) = 333.9520.

Aerodrom Nikola Tesla ad Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 66.817 241.428 92.424
201612 52.666 241.432 72.848
201703 51.346 243.801 70.332
201706 61.896 244.955 84.384
201709 74.337 246.819 100.580
201712 57.233 246.524 77.530
201803 54.755 249.554 73.273
201806 69.298 251.989 91.838
201809 85.300 252.439 112.844
201812 1,778.629 251.233 2,364.246
201903 0.038 254.202 0.050
201906 0.044 256.143 0.057
201909 0.038 256.759 0.049
201912 17.449 256.974 22.676
202003 0.000 258.115 0.000
202006 0.424 257.797 0.549
202009 2.658 260.280 3.410
202012 1.450 260.474 1.859
202103 0.000 264.877 0.000
202106 4.480 271.696 5.507
202109 3.408 274.310 4.149
202112 2.980 278.802 3.569
202203 0.000 287.504 0.000
202206 9.962 296.311 11.227
202209 5.058 296.808 5.691
202212 5.091 296.797 5.728
202303 0.000 301.836 0.000
202306 12.882 305.109 14.100
202309 -12.882 307.789 -13.977
202312 36.866 306.746 40.136
202403 0.127 312.332 0.136
202406 17.958 314.175 19.088
202409 -17.776 315.301 -18.828
202412 44.271 315.605 46.845
202503 0.037 319.799 0.039
202506 22.269 322.561 23.055
202509 -22.244 324.800 -22.871
202512 43.619 324.054 44.951
202603 0.000 330.213 0.000
202606 27.666 333.952 27.666

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 RSD384.59 mean?
Aerodrom Nikola Tesla ad (XBEL:AERO) has a Cyclically Adjusted Revenue per Share of RSD384.59 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Aerodrom Nikola Tesla ad and its competitors.
Is Aerodrom Nikola Tesla ad's Cyclically Adjusted Revenue per Share too high?
Aerodrom Nikola Tesla ad's current Cyclically Adjusted Revenue per Share is RSD384.59. Overall, Aerodrom Nikola Tesla ad has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aerodrom Nikola Tesla ad's Cyclically Adjusted Revenue per Share compare to JOBY and CAAP?
Aerodrom Nikola Tesla ad's Cyclically Adjusted Revenue per Share of RSD384.59 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted Revenue per Share depends on the Transportation 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 Aerodrom Nikola Tesla ad and its competitors. Aerodrom Nikola Tesla ad's current Cyclically Adjusted Revenue per Share is RSD384.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aerodrom Nikola Tesla ad stock overvalued right now?
Based on GuruFocus' analysis, Aerodrom Nikola Tesla ad (XBEL:AERO) is currently considered Modestly Undervalued. The stock's GF Value™ is RSD2,491.02, compared to a current price of RSD2,089.00 — trading 16.1% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is RSD384.59. Aerodrom Nikola Tesla ad's overall GF Score™ is 81/100 with 5 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 Aerodrom Nikola Tesla ad (XBEL:AERO), the current Cyclically Adjusted Revenue per Share is RSD384.59 as of Jun. 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 Aerodrom Nikola Tesla ad (XBEL:AERO) Overvalued in 2026?

Based on GuruFocus' analysis, Aerodrom Nikola Tesla ad stock appears to be undervalued. The current stock price of RSD2,089.00 is trading 16.1% below its estimated GF Value™ of RSD2,491.02. GuruFocus considers Aerodrom Nikola Tesla ad to be Modestly Undervalued.

Key valuation signals for XBEL:AERO:

  • Cyclically Adjusted Revenue per Share: RSD384.59
  • GF Value™: RSD2,491.02 vs. price of RSD2,089.00 (16.1% below fair value)
  • GF Score™: 81/100 with 5 warning signs

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


Aerodrom Nikola Tesla ad Business Description

Address Belgrade Airport 47, surcin, Belgrade, SRB, 11271
Aerodrom Nikola Tesla ad provides airport services such as aircraft landing, take-off, taxing and parking, and passenger and cargo handling. The group also provides ancillary services and airport complex services, satisfying the needs of service users, and domestic and foreign air carriers.
81GF Score

Get the complete analysis for XBEL:AERO

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

RSD2,089.00
Price
RSD2,491.02
GF Value