Air France-KLM (XBUL:AFR0) Cyclically Adjusted Revenue per Share: € (As of Jun. 2026)

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XBUL:AFR0 Air France-KLM XBUL:AFR0
71 GF Score
Price €11.08
GF Value €10.77
! 4 Warning Signs
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What is Air France-KLM Cyclically Adjusted Revenue per Share?

Air France-KLM XBUL:AFR0 71 Cyclically Adjusted Revenue per Share is € as of Jun. 2026. GuruFocus rates XBUL:AFR0 with a GF Score™ of 71/100 and a GF Value™ of €10.77. 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.

Air France-KLM's adjusted revenue per share for the three months ended in Jun. 2026 was €35.325. 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 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Air France-KLM's average Cyclically Adjusted Revenue Growth Rate was -13.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -11.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -8.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -5.30% 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 Air France-KLM was 0.40% per year. The lowest was -11.40% per year. And the median was -3.60% per year.

As of today (2026-09-21), Air France-KLM's current stock price is €11.08. Air France-KLM's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was . Air France-KLM's Cyclically Adjusted PS Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Air France-KLM was 0.17. The lowest was 0.03. And the median was 0.06.


Air France-KLM  (XBUL:AFR0) 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Air France-KLM was 0.17. The lowest was 0.03. And the median was 0.06.


Be Aware

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


Air France-KLM Cyclically Adjusted Revenue per Share Related Terms


Air France-KLM Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Air France-KLM'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.

Air France-KLM Cyclically Adjusted Revenue per Share Chart

Air France-KLM Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
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Air France-KLM Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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XBUL:AFR0 vs DAL, UAL, LUV: Cyclically Adjusted Revenue per Share Comparison

For the Airlines subindustry, Air France-KLM'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.


Air France-KLM Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Air France-KLM's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Air France-KLM's Cyclically Adjusted PS Ratio falls into.


XBUL:AFR0
71GF Score
Air France-KLM XBUL:AFR0
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Air France-KLM 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, Air France-KLM'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)
=35.325/123.5000*123.5000
=35.325

Current CPI (Jun. 2026) = 123.5000.

Air France-KLM Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 100.987 100.340 124.296
201612 89.198 100.650 109.448
201703 96.208 101.170 117.443
201706 99.762 101.320 121.601
201709 103.906 101.330 126.640
201712 74.044 101.850 89.783
201803 68.499 102.750 82.332
201806 78.173 103.370 93.396
201809 89.004 103.560 106.141
201812 77.111 103.470 92.038
201903 70.103 103.890 83.335
201906 82.833 104.580 97.819
201909 89.771 104.500 106.093
201912 68.057 104.980 80.063
202003 59.233 104.590 69.942
202006 13.935 104.790 16.423
202009 29.782 104.550 35.180
202012 27.883 104.960 32.808
202103 25.499 105.750 29.779
202106 21.615 106.340 25.103
202109 35.910 106.810 41.521
202112 38.041 107.850 43.561
202203 34.951 110.490 39.066
202206 26.116 112.550 28.657
202209 31.587 112.740 34.602
202212 27.747 114.160 30.017
202303 24.633 116.790 26.048
202306 29.673 117.650 31.148
202309 33.705 118.260 35.198
202312 28.204 118.390 29.421
202403 25.336 119.470 26.191
202406 30.267 120.200 31.098
202409 33.014 119.560 34.102
202412 29.997 119.950 30.885
202503 27.279 120.380 27.986
202506 31.033 121.360 31.580
202509 32.605 120.950 33.292
202512 29.567 120.890 30.205
202603 28.478 122.410 28.732
202606 35.325 123.500 35.325

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 € mean?
Air France-KLM (XBUL:AFR0) has a Cyclically Adjusted Revenue per Share of € 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 Air France-KLM and its competitors.
Is Air France-KLM's Cyclically Adjusted Revenue per Share too high?
Air France-KLM's current Cyclically Adjusted Revenue per Share is €. Overall, Air France-KLM has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Air France-KLM's Cyclically Adjusted Revenue per Share compare to DAL and UAL?
Air France-KLM's Cyclically Adjusted Revenue per Share of € 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 Air France-KLM and its competitors. Air France-KLM's current Cyclically Adjusted Revenue per Share is €. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air France-KLM stock overvalued right now?
Air France-KLM (XBUL:AFR0) has a current Cyclically Adjusted Revenue per Share of €. The stock's GF Value™ is €10.77, compared to a current price of €11.08 — trading 2.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €. Air France-KLM's overall GF Score™ is 71/100 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 Air France-KLM (XBUL:AFR0), the current Cyclically Adjusted Revenue per Share is € 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 Air France-KLM (XBUL:AFR0) Overvalued in 2026?

Based on GuruFocus' analysis, Air France-KLM stock appears to be overvalued. The current stock price of €11.08 is trading 2.9% above its estimated GF Value™ of €10.77.

Key valuation signals for XBUL:AFR0:

  • Cyclically Adjusted Revenue per Share:
  • GF Value™: €10.77 vs. price of €11.08 (2.9% above fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the XBUL:AFR0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Air France-KLM Business Description

Address 7 Rue du Cirque, Paris, FRA, 75008
Air France-KLM is a European airline group engaged in businesses that include passenger and cargo transportation, low-cost operations, and aircraft maintenance. The group has four segments: network, maintenance, Transavia, and other. The network segment derives key revenue for the passenger and cargo network, mainly coming from passenger transportation services on scheduled flights with the group's airline code. The company's geographic markets include France, Benelux, Europe, and the rest of the world, with the majority of revenue coming from France, including its overseas division.
71GF Score

Get the complete analysis for XBUL:AFR0

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

€11.08
Price
€10.77
GF Value