Nutrien (XSWX:NTR) Cyclically Adjusted Revenue per Share: CHF37.42 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:NTR Nutrien Ltd XSWX:NTR
52 GF Score
Price CHF56.64
GF Value CHF47.02
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Nutrien Cyclically Adjusted Revenue per Share?

Nutrien XSWX:NTR +1.93% 52 Cyclically Adjusted Revenue per Share is CHF37.42 as of Jun. 2026. GuruFocus rates XSWX:NTR with a GF Score™ of 52/100 and a GF Value™ of CHF47.02 (Modestly Overvalued). The stock has 2 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.

Nutrien's adjusted revenue per share for the three months ended in Jun. 2026 was CHF18.011. 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 CHF37.42 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Nutrien's average Cyclically Adjusted Revenue Growth Rate was 12.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 15.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.50% 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 Nutrien was 21.00% per year. The lowest was 4.10% per year. And the median was 9.40% per year.

As of today (2026-08-20), Nutrien's current stock price is CHF56.64. Nutrien's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was CHF37.42. Nutrien's Cyclically Adjusted PS Ratio of today is 1.51.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nutrien was 3.84. The lowest was 1.16. And the median was 2.32.


Nutrien  (XSWX:NTR) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=56.64/37.42
=1.51

* 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 Nutrien was 3.84. The lowest was 1.16. And the median was 2.32.


Be Aware

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


Nutrien Cyclically Adjusted Revenue per Share Related Terms


Nutrien Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Nutrien'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.

Nutrien Cyclically Adjusted Revenue per Share Chart

Nutrien 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 0.00

Nutrien 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 0.00 0.00 0.00 0.00 37.42

XSWX:NTR vs CTVA, CF, MOS: Cyclically Adjusted Revenue per Share Comparison

For the Agricultural Inputs subindustry, Nutrien'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.


Nutrien Cyclically Adjusted PS Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Nutrien's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XSWX:NTR
52GF Score
Nutrien Ltd XSWX:NTR
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nutrien 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, Nutrien'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)
=18.011/133.5265*133.5265
=18.011

Current CPI (Jun. 2026) = 133.5265.

Nutrien Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.290 101.765 4.317
201612 3.211 101.449 4.226
201703 3.314 102.634 4.312
201706 3.227 103.029 4.182
201709 3.534 103.345 4.566
201712 3.173 103.345 4.100
201803 5.403 105.004 6.871
201806 12.715 105.557 16.084
201809 6.283 105.636 7.942
201812 6.280 105.399 7.956
201903 6.171 106.979 7.702
201906 14.748 107.690 18.286
201909 7.199 107.611 8.933
201912 6.003 107.769 7.438
202003 7.051 107.927 8.723
202006 14.092 108.401 17.358
202009 6.795 108.164 8.388
202012 6.323 108.559 7.777
202103 7.586 110.298 9.184
202106 15.495 111.720 18.519
202109 9.715 112.905 11.489
202112 11.743 113.774 13.782
202203 12.831 117.646 14.563
202206 25.512 120.806 28.198
202209 14.864 120.648 16.451
202212 13.556 120.964 14.964
202303 11.254 122.702 12.247
202306 21.159 124.203 22.747
202309 10.232 125.230 10.910
202312 9.898 125.072 10.567
202403 9.678 126.258 10.235
202406 18.341 127.522 19.205
202409 9.156 127.285 9.605
202412 9.187 127.364 9.632
202503 9.205 129.181 9.515
202506 17.408 129.892 17.895
202509 9.844 130.287 10.089
202512 8.807 130.366 9.021
202603 9.883 132.262 9.977
202606 18.011 133.527 18.011

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 CHF37.42 mean?
Nutrien (XSWX:NTR) has a Cyclically Adjusted Revenue per Share of CHF37.42 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 Nutrien and its competitors.
Is Nutrien's Cyclically Adjusted Revenue per Share too high?
Nutrien's current Cyclically Adjusted Revenue per Share is CHF37.42. Overall, Nutrien has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nutrien's Cyclically Adjusted Revenue per Share compare to CTVA and CF?
Nutrien's Cyclically Adjusted Revenue per Share of CHF37.42 can be compared against companies in the Agriculture 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 Agriculture company?
A good Cyclically Adjusted Revenue per Share depends on the Agriculture 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 Nutrien and its competitors. Nutrien's current Cyclically Adjusted Revenue per Share is CHF37.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nutrien stock overvalued right now?
Based on GuruFocus' analysis, Nutrien (XSWX:NTR) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF47.02, compared to a current price of CHF56.64 — trading 20.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is CHF37.42. Nutrien's overall GF Score™ is 52/100 with 2 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 Nutrien (XSWX:NTR), the current Cyclically Adjusted Revenue per Share is CHF37.42 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 Nutrien (XSWX:NTR) Overvalued in 2026?

Based on GuruFocus' analysis, Nutrien stock appears to be overvalued. The current stock price of CHF56.64 is trading 20.5% above its estimated GF Value™ of CHF47.02. GuruFocus considers Nutrien to be Modestly Overvalued.

Key valuation signals for XSWX:NTR:

  • Cyclically Adjusted Revenue per Share: CHF37.42
  • GF Value™: CHF47.02 vs. price of CHF56.64 (20.5% above fair value)
  • GF Score™: 52/100 with 2 warning signs

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


Nutrien Business Description

Address 211 19th Street East, Suite 1700, Saskatoon, SK, CAN, S7K 5R6
Created in 2018 as a result of the merger between PotashCorp and Agrium, Nutrien is the world's largest fertilizer producer by capacity. Nutrien produces the three main crop nutrients—nitrogen, potash, and phosphate—although its main focus is potash, where it is the global leader in installed capacity with a roughly 20% market share. The company is also the largest agricultural retailer in North America and Australia, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.
52GF Score

Get the complete analysis for XSWX:NTR

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

CHF56.64
Price
CHF47.02
GF Value