Jadranski Naftovod DD (ZAG:JNAF) Cyclically Adjusted Revenue per Share: €129.94 (As of Jun. 2026)

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ZAG:JNAF Jadranski Naftovod DD ZAG:JNAF
40 GF Score
Price €785.00
GF Value €770.67
! 6 Warning Signs
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What is Jadranski Naftovod DD Cyclically Adjusted Revenue per Share?

Jadranski Naftovod DD ZAG:JNAF -0.63% 40 Cyclically Adjusted Revenue per Share is €129.94 as of Jun. 2026. GuruFocus rates ZAG:JNAF with a GF Score™ of 40/100 and a GF Value™ of €770.67. The stock has 6 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.

Jadranski Naftovod DD's adjusted revenue per share for the three months ended in Jun. 2026 was €36.952. 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 €129.94 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Jadranski Naftovod DD's average Cyclically Adjusted Revenue Growth Rate was 2.90% 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.

As of today (2026-09-05), Jadranski Naftovod DD's current stock price is €785.00. Jadranski Naftovod DD's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €129.94. Jadranski Naftovod DD's Cyclically Adjusted PS Ratio of today is 6.04.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Jadranski Naftovod DD was 7.68. The lowest was 6.00. And the median was 6.73.


Jadranski Naftovod DD  (ZAG:JNAF) 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.

Jadranski Naftovod DD's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=785.00/129.94
=6.04

* 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 Jadranski Naftovod DD was 7.68. The lowest was 6.00. And the median was 6.73.


Be Aware

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


Jadranski Naftovod DD Cyclically Adjusted Revenue per Share Related Terms


Jadranski Naftovod DD Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Jadranski Naftovod DD'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.

Jadranski Naftovod DD Cyclically Adjusted Revenue per Share Chart

Jadranski Naftovod DD 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 0.00 118.52 122.33 125.72

Jadranski Naftovod DD 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 126.22 126.66 125.72 128.29 129.94

ZAG:JNAF vs WMB, EPD, ET: Cyclically Adjusted Revenue per Share Comparison

For the Oil & Gas Midstream subindustry, Jadranski Naftovod DD'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.


Jadranski Naftovod DD Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Jadranski Naftovod DD's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ZAG:JNAF
40GF Score
Jadranski Naftovod DD ZAG:JNAF
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jadranski Naftovod DD 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, Jadranski Naftovod DD'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)
=36.952/333.9520*333.9520
=36.952

Current CPI (Jun. 2026) = 333.9520.

Jadranski Naftovod DD Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 21.350 241.428 29.532
201612 24.018 241.432 33.222
201703 23.992 243.801 32.864
201706 24.158 244.955 32.935
201709 21.329 246.819 28.859
201712 24.404 246.524 33.059
201803 23.923 249.554 32.014
201806 24.123 251.989 31.969
201809 23.668 252.439 31.310
201812 26.488 251.233 35.209
201903 20.913 254.202 27.474
201906 24.074 256.143 31.387
201909 21.435 256.759 27.879
201912 22.593 256.974 29.361
202003 22.984 258.115 29.737
202006 25.174 257.797 32.611
202009 27.191 260.280 34.887
202012 22.761 260.474 29.182
202103 25.215 264.877 31.791
202106 22.974 271.696 28.238
202109 24.153 274.310 29.404
202112 26.352 278.802 31.565
202203 25.301 287.504 29.389
202206 28.796 296.311 32.454
202209 31.947 296.808 35.945
202212 29.028 296.797 32.662
202303 34.702 301.836 38.394
202306 36.272 305.109 39.701
202309 37.829 307.789 41.045
202312 36.949 306.746 40.226
202403 30.852 312.332 32.988
202406 31.316 314.175 33.287
202409 30.624 315.301 32.436
202412 32.545 315.605 34.437
202503 33.458 319.799 34.939
202506 31.244 322.561 32.347
202509 25.979 324.800 26.711
202512 26.614 324.054 27.427
202603 33.181 330.213 33.557
202606 36.952 333.952 36.952

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 €129.94 mean?
Jadranski Naftovod DD (ZAG:JNAF) has a Cyclically Adjusted Revenue per Share of €129.94 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 Jadranski Naftovod DD and its competitors.
Is Jadranski Naftovod DD's Cyclically Adjusted Revenue per Share too high?
Jadranski Naftovod DD's current Cyclically Adjusted Revenue per Share is €129.94. Overall, Jadranski Naftovod DD has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Jadranski Naftovod DD's Cyclically Adjusted Revenue per Share compare to WMB and EPD?
Jadranski Naftovod DD's Cyclically Adjusted Revenue per Share of €129.94 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Cyclically Adjusted Revenue per Share depends on the Oil & Gas 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 Jadranski Naftovod DD and its competitors. Jadranski Naftovod DD's current Cyclically Adjusted Revenue per Share is €129.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jadranski Naftovod DD stock overvalued right now?
Jadranski Naftovod DD (ZAG:JNAF) has a current Cyclically Adjusted Revenue per Share of €129.94. The stock's GF Value™ is €770.67, compared to a current price of €785.00 — trading 1.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €129.94. Jadranski Naftovod DD's overall GF Score™ is 40/100 with 6 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 Jadranski Naftovod DD (ZAG:JNAF), the current Cyclically Adjusted Revenue per Share is €129.94 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 Jadranski Naftovod DD (ZAG:JNAF) Overvalued in 2026?

Based on GuruFocus' analysis, Jadranski Naftovod DD stock appears to be overvalued. The current stock price of €785.00 is trading 1.9% above its estimated GF Value™ of €770.67.

Key valuation signals for ZAG:JNAF:

  • Cyclically Adjusted Revenue per Share: €129.94
  • GF Value™: €770.67 vs. price of €785.00 (1.9% above fair value)
  • GF Score™: 40/100 with 6 warning signs

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


Jadranski Naftovod DD Business Description

Industry EnergyOil & Gas
Address Miramarska cesta 24, Zagreb, HRV, 10000
Jadranski Naftovod DD is mainly engaged in oil transportation activities and storage of oil and refinery products. The company operates the JANAF system which is an international crude oil transportation system consists of crude oil handling terminals and pipelines in Sisak, Gola, Virje, Sotin and Slavonski Brod and the accompanying pumping and metering stations. It also involved in the reloading and storage of crude oil and oil products as well as provision of engineering and technical advisory services.
40GF Score

Get the complete analysis for ZAG:JNAF

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

€785.00
Price
€770.67
GF Value