Bank of Cyprus Holdings (CYS:BOCH) Cyclically Adjusted PB Ratio: 1.57 (As of Aug. 11, 2026) — 38% Above Median

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CYS:BOCH Bank of Cyprus Holdings PLC CYS:BOCH
62 GF Score
Price €10.66
GF Value €4.73
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Bank of Cyprus Holdings Cyclically Adjusted PB Ratio?

Bank of Cyprus Holdings CYS:BOCH +0.09% 62 Cyclically Adjusted PB Ratio is 1.57 as of Aug. 11, 2026, which is 38% above its 10-year median of 1.14. GuruFocus rates CYS:BOCH with a GF Score™ of 62/100 and a GF Value™ of €4.73 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,287 Banks companies, Bank of Cyprus Holdings ranks worse than 69.46% on this metric.

As of today (2026-08-11), Bank of Cyprus Holdings's current share price is €10.66. Bank of Cyprus Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €6.78. Bank of Cyprus Holdings's Cyclically Adjusted PB Ratio for today is 1.57.

The historical rank and industry rank for Bank of Cyprus Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

CYS:BOCH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.14   Max: 1.69
Current: 1.69

During the past years, Bank of Cyprus Holdings's highest Cyclically Adjusted PB Ratio was 1.69. The lowest was 0.77. And the median was 1.14.

CYS:BOCH's Cyclically Adjusted PB Ratio is ranked worse than
69.46% of 1287 companies
in the Banks industry
Industry Median: 1.28 vs CYS:BOCH: 1.69

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Bank of Cyprus Holdings's adjusted book value per share data for the three months ended in Jun. 2026 was €6.760. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €6.78 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Cyprus Holdings  (CYS:BOCH) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Bank of Cyprus Holdings Cyclically Adjusted PB Ratio Related Terms


Bank of Cyprus Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bank of Cyprus Holdings's Cyclically Adjusted PB Ratio 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.

Bank of Cyprus Holdings Cyclically Adjusted PB Ratio Chart

Bank of Cyprus Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.19

Bank of Cyprus Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio 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 0.98 1.13 1.19 1.18 1.44

CYS:BOCH vs PNC, USB: Cyclically Adjusted PB Ratio Comparison

For the Banks - Regional subindustry, Bank of Cyprus Holdings's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Bank of Cyprus Holdings Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Bank of Cyprus Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bank of Cyprus Holdings's Cyclically Adjusted PB Ratio falls into.


CYS:BOCH
62GF Score
Bank of Cyprus Holdings PLC CYS:BOCH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bank of Cyprus Holdings Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Bank of Cyprus Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.66/6.78
=1.57

* 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.

Bank of Cyprus Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Bank of Cyprus Holdings's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=6.76/333.9520*333.9520
=6.760

Current CPI (Jun. 2026) = 333.9520.

Bank of Cyprus Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 241.428 0.000
201612 6.883 241.432 9.521
201703 6.900 243.801 9.451
201706 5.700 244.955 7.771
201709 5.741 246.819 7.768
201712 5.795 246.524 7.850
201803 5.151 249.554 6.893
201806 4.925 251.989 6.527
201809 4.946 252.439 6.543
201812 5.249 251.233 6.977
201903 5.477 254.202 7.195
201906 5.476 256.143 7.139
201909 5.502 256.759 7.156
201912 5.067 256.974 6.585
202003 4.945 258.115 6.398
202006 4.696 257.797 6.083
202009 4.721 260.280 6.057
202012 4.597 260.474 5.894
202103 4.626 264.877 5.832
202106 4.586 271.696 5.637
202109 4.631 274.310 5.638
202112 4.531 278.802 5.427
202203 4.639 287.504 5.388
202206 4.640 296.311 5.229
202209 4.519 296.808 5.085
202212 4.543 296.797 5.112
202303 4.751 301.836 5.257
202306 4.977 305.109 5.447
202309 5.267 307.789 5.715
202312 5.531 306.746 6.022
202403 5.831 312.332 6.235
202406 5.864 314.175 6.233
202409 6.164 315.301 6.529
202412 6.381 315.605 6.752
202503 6.647 319.799 6.941
202506 6.414 322.561 6.641
202509 6.486 324.800 6.669
202512 6.727 324.054 6.932
202603 6.998 330.213 7.077
202606 6.760 333.952 6.760

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.

What does a Cyclically Adjusted PB Ratio of 1.57 mean?
Bank of Cyprus Holdings (CYS:BOCH) has a Cyclically Adjusted PB Ratio of 1.57 as of Aug. 11, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Bank of Cyprus Holdings and its competitors. This is 38% above median its historical median of 1.14. Over the past decade, Bank of Cyprus Holdings' Cyclically Adjusted PB Ratio has ranged from 0.77 to 1.69. According to the industry distribution chart, Bank of Cyprus Holdings ranks #894 out of 1287 companies in the Banks industry, placing it in the top 69.5%.
Is Bank of Cyprus Holdings' Cyclically Adjusted PB Ratio too high?
Bank of Cyprus Holdings' current Cyclically Adjusted PB Ratio of 1.57 is 38% above median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 1.69. The Banks industry median Cyclically Adjusted PB Ratio is 1.28. Bank of Cyprus Holdings' value of 1.57 is 22.7% above this industry median. Based on the distribution chart, Bank of Cyprus Holdings ranks #894 out of 1287 companies in the Banks industry, which is below the industry midpoint. Overall, Bank of Cyprus Holdings has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank of Cyprus Holdings' Cyclically Adjusted PB Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Bank of Cyprus Holdings ranks #894 out of 1287 companies for Cyclically Adjusted PB Ratio. This places Bank of Cyprus Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. Bank of Cyprus Holdings' value of 1.57 is 22.7% above this benchmark. Historically, Bank of Cyprus Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.77 to 1.69 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 1.28, Bank of Cyprus Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.28, based on 1,287 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bank of Cyprus Holdings's current Cyclically Adjusted PB Ratio of 1.57 is 22.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Bank of Cyprus Holdings and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of Cyprus Holdings's current Cyclically Adjusted PB Ratio is 1.57, which is 38% above median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Cyprus Holdings stock overvalued right now?
Based on GuruFocus' analysis, Bank of Cyprus Holdings (CYS:BOCH) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.73, compared to a current price of €10.66 — trading 125.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.57, which is 38% above median its 10-year median of 1.14 and 22.7% above the Banks industry median of 1.28. Bank of Cyprus Holdings' overall GF Score™ is 62/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Bank of Cyprus Holdings (CYS:BOCH), the current Cyclically Adjusted PB Ratio is 1.57 as of Aug. 11, 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 Bank of Cyprus Holdings (CYS:BOCH) Overvalued in 2026?

Based on GuruFocus' analysis, Bank of Cyprus Holdings stock appears to be overvalued. The current stock price of €10.66 is trading 125.4% above its estimated GF Value™ of €4.73. GuruFocus considers Bank of Cyprus Holdings to be Significantly Overvalued.

Key valuation signals for CYS:BOCH:

  • Cyclically Adjusted PB Ratio: 1.57 (38% above median its 10-year median of 1.14)
  • GF Value™: €4.73 vs. price of €10.66 (125.4% above fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 22.7% above the Banks median (#894 of 1287)

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


Bank of Cyprus Holdings Business Description

Address 51 Stasinou Street, Ayia Paraskevi, Strovolos, Nicosia, CYP, CY 2002
Bank of Cyprus Holdings PLC along with its subsidiary companies involve the provision of banking, financial, and insurance services and the management and disposal of property predominately acquired in exchange for debt. The Group's activities are mainly concentrated in Cyprus.
62GF Score

Get the complete analysis for CYS:BOCH

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

€10.66
Price
€4.73
GF Value