Almirall (XMAD:ALM) Cyclically Adjusted Revenue per Share: €6.11 (As of Mar. 2026)


XMAD:ALM Almirall SA XMAD:ALM
84 GF Score
Price €11.50
GF Value €12.36
Valuation Fairly Valued
! 4 Warning Signs
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What is Almirall Cyclically Adjusted Revenue per Share?

Almirall XMAD:ALM +0.88% 84 Cyclically Adjusted Revenue per Share is €6.11 as of Mar. 2026. GuruFocus rates XMAD:ALM with a GF Score™ of 84/100 and a GF Value™ of €12.36 (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.

Almirall's adjusted revenue per share for the three months ended in Mar. 2026 was €1.362. 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 €6.11 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Almirall's average Cyclically Adjusted Revenue Growth Rate was 4.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.90% 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 Almirall was 4.50% per year. The lowest was 2.00% per year. And the median was 3.25% per year.

As of today (2026-07-07), Almirall's current stock price is €11.50. Almirall's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €6.11. Almirall's Cyclically Adjusted PS Ratio of today is 1.88.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Almirall was 3.94. The lowest was 1.35. And the median was 2.04.


Almirall  (XMAD:ALM) 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.

Almirall's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=11.50/6.11
=1.88

* 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 Almirall was 3.94. The lowest was 1.35. And the median was 2.04.


Be Aware

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


Almirall Cyclically Adjusted Revenue per Share Related Terms


Almirall Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Almirall'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.

Almirall Cyclically Adjusted Revenue per Share Chart

Almirall 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 5.20 5.49 5.61 5.73 6.04

Almirall 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 5.77 5.86 5.85 6.04 6.11

XMAD:ALM vs ZTS, UTHR, VTRS: Cyclically Adjusted Revenue per Share Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Almirall'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.


Almirall Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Almirall's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XMAD:ALM
84GF Score
Almirall SA XMAD:ALM
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Almirall 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, Almirall'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)
=1.362/129.8600*129.8600
=1.362

Current CPI (Mar. 2026) = 129.8600.

Almirall Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.099 100.333 1.422
201609 1.086 99.737 1.414
201612 1.044 101.842 1.331
201703 1.096 100.896 1.411
201706 0.804 101.848 1.025
201709 0.889 101.524 1.137
201712 0.908 102.975 1.145
201803 1.066 102.122 1.356
201806 0.979 104.165 1.221
201809 1.001 103.818 1.252
201812 1.240 104.193 1.545
201903 1.234 103.488 1.548
201906 1.164 104.612 1.445
201909 1.176 103.905 1.470
201912 6.151 105.015 7.606
202003 1.383 103.469 1.736
202006 1.099 104.254 1.369
202009 1.036 103.521 1.300
202012 1.088 104.456 1.353
202103 1.239 104.857 1.534
202106 1.153 107.102 1.398
202109 1.054 107.669 1.271
202112 1.168 111.298 1.363
202203 1.274 115.153 1.437
202206 1.204 118.044 1.325
202209 1.027 117.221 1.138
202212 1.265 117.650 1.396
202303 1.281 118.948 1.399
202306 1.116 120.278 1.205
202309 0.997 121.343 1.067
202312 1.051 121.300 1.125
202403 1.189 122.762 1.258
202406 1.165 124.409 1.216
202409 1.080 123.121 1.139
202412 1.835 124.753 1.910
202503 1.342 125.531 1.388
202506 1.279 127.251 1.305
202509 1.213 126.840 1.242
202512 2.480 128.400 2.508
202603 1.362 129.860 1.362

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 €6.11 mean?
Almirall (XMAD:ALM) has a Cyclically Adjusted Revenue per Share of €6.11 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 Almirall and its competitors.
Is Almirall's Cyclically Adjusted Revenue per Share too high?
Almirall's current Cyclically Adjusted Revenue per Share is €6.11. Overall, Almirall has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Almirall's Cyclically Adjusted Revenue per Share compare to ZTS and UTHR?
Almirall's Cyclically Adjusted Revenue per Share of €6.11 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Cyclically Adjusted Revenue per Share depends on the Drug Manufacturers 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 Almirall and its competitors. Almirall's current Cyclically Adjusted Revenue per Share is €6.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Almirall stock overvalued right now?
Based on GuruFocus' analysis, Almirall (XMAD:ALM) is currently considered Fairly Valued. The stock's GF Value™ is €12.36, compared to a current price of €11.50 — trading 7% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €6.11. Almirall's overall GF Score™ is 84/100 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 Almirall (XMAD:ALM), the current Cyclically Adjusted Revenue per Share is €6.11 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 Almirall (XMAD:ALM) Overvalued in 2026?

Based on GuruFocus' analysis, Almirall stock appears to be undervalued. The current stock price of €11.50 is trading 7% below its estimated GF Value™ of €12.36. GuruFocus considers Almirall to be Fairly Valued.

Key valuation signals for XMAD:ALM:

  • Cyclically Adjusted Revenue per Share: €6.11
  • GF Value™: €12.36 vs. price of €11.50 (7% below fair value)
  • GF Score™: 84/100 with 4 warning signs

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


Almirall Business Description

Other Exchanges 0O9B:UKE2Z:Germany
Address Ronda General Mitre 151, Barcelona, ESP, 08022
Almirall SA is a skin-health focused pharmaceutical company based in Barcelona and the parent company of a group engaged in the purchase, manufacture, storage, marketing, and mediation in the sale of pharmaceutical specialities and products, as well as related raw materials. The Group applies science to provide medical solutions focused on skin health diseases and partners with healthcare professionals, and its activities also include cosmetics; chemical, biotechnological and diagnostic products for human, veterinary, agrochemical and food use; instruments and accessories for the chemical, pharmaceutical and clinical industry; and research on active chemical and pharmaceutical ingredients and products.
84GF Score

Get the complete analysis for XMAD:ALM

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

€11.50
Price
€12.36
GF Value