SYANY (AL Sydbank AS) Cyclically Adjusted PB Ratio: 2.87 (As of Sep. 06, 2026) — 119% Above Median

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SYANY AL Sydbank AS SYANY
71 GF Score
Price $21.13
GF Value $11.74
Valuation Significantly Overvalued
! 8 Warning Signs
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What is AL Sydbank AS Cyclically Adjusted PB Ratio?

AL Sydbank AS SYANY 71 Cyclically Adjusted PB Ratio is 2.87 as of Sep. 06, 2026, which is 119% above its 10-year median of 1.31. GuruFocus rates SYANY with a GF Score™ of 71/100 and a GF Value™ of $11.74 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,276 Banks companies, AL Sydbank AS ranks worse than 89.11% on this metric.

As of today (2026-09-06), AL Sydbank AS's current share price is $21.13. AL Sydbank AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $7.35. AL Sydbank AS's Cyclically Adjusted PB Ratio for today is 2.87.

The historical rank and industry rank for AL Sydbank AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

SYANY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.31   Max: 2.6
Current: 2.6

During the past years, AL Sydbank AS's highest Cyclically Adjusted PB Ratio was 2.60. The lowest was 0.56. And the median was 1.31.

SYANY's Cyclically Adjusted PB Ratio is ranked worse than
89.11% of 1276 companies
in the Banks industry
Industry Median: 1.29 vs SYANY: 2.60

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.

AL Sydbank AS's adjusted book value per share data for the three months ended in Jun. 2026 was $13.267. 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 $7.35 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AL Sydbank AS  (OTCPK:SYANY) 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.


AL Sydbank AS Cyclically Adjusted PB Ratio Related Terms


AL Sydbank AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AL Sydbank AS'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.

AL Sydbank AS Cyclically Adjusted PB Ratio Chart

AL Sydbank AS 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 1.15 1.44 1.37 1.66 2.29

AL Sydbank AS 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 1.97 2.09 2.29 2.01 2.18

AL Sydbank AS Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, AL Sydbank AS'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.


AL Sydbank AS Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, AL Sydbank AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AL Sydbank AS's Cyclically Adjusted PB Ratio falls into.


SYANY
71GF Score
AL Sydbank AS SYANY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AL Sydbank AS 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.

AL Sydbank AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.13/7.35
=2.87

* 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.

AL Sydbank AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, AL Sydbank AS'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)
=13.267/122.9700*122.9700
=13.267

Current CPI (Jun. 2026) = 122.9700.

AL Sydbank AS Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.910 100.200 6.026
201612 4.797 100.300 5.881
201703 4.736 101.200 5.755
201706 5.106 101.200 6.204
201709 5.570 101.800 6.728
201712 5.670 101.300 6.883
201803 5.644 101.700 6.824
201806 5.786 102.300 6.955
201809 5.885 102.400 7.067
201812 5.840 102.100 7.034
201903 5.598 102.900 6.690
201906 5.704 102.900 6.817
201909 5.720 102.900 6.836
201912 5.882 102.900 7.029
202003 5.869 103.300 6.987
202006 6.133 103.200 7.308
202009 6.551 103.500 7.783
202012 6.878 103.400 8.180
202103 6.757 104.300 7.967
202106 7.060 105.000 8.268
202109 7.094 105.800 8.245
202112 6.855 106.600 7.908
202203 6.563 109.900 7.344
202206 6.405 113.600 6.933
202209 6.201 116.400 6.551
202212 7.028 115.900 7.457
202303 6.981 117.300 7.318
202306 7.454 116.400 7.875
202309 7.718 117.400 8.084
202312 8.422 116.700 8.874
202403 7.950 118.400 8.257
202406 8.240 118.500 8.551
202409 8.879 118.900 9.183
202412 8.601 118.900 8.895
202503 8.438 120.200 8.632
202506 9.800 120.700 9.984
202509 9.866 121.600 9.977
202512 13.744 121.200 13.945
202603 12.988 121.680 13.126
202606 13.267 122.970 13.267

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 2.87 mean?
AL Sydbank AS (SYANY) has a Cyclically Adjusted PB Ratio of 2.87 as of Sep. 06, 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 AL Sydbank AS and its competitors. This is 119% above median its historical median of 1.31. Over the past decade, AL Sydbank AS's Cyclically Adjusted PB Ratio has ranged from 0.56 to 2.60. According to the industry distribution chart, AL Sydbank AS ranks #1137 out of 1276 companies in the Banks industry, placing it in the top 89.1%.
Is AL Sydbank AS's Cyclically Adjusted PB Ratio too high?
AL Sydbank AS's current Cyclically Adjusted PB Ratio of 2.87 is 119% above median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 2.60. The Banks industry median Cyclically Adjusted PB Ratio is 1.29. AL Sydbank AS's value of 2.87 is 122.5% above this industry median. Based on the distribution chart, AL Sydbank AS ranks #1137 out of 1276 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, AL Sydbank AS has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AL Sydbank AS's Cyclically Adjusted PB Ratio compare to competitors?
According to the Banks industry distribution chart, AL Sydbank AS ranks #1137 out of 1276 companies for Cyclically Adjusted PB Ratio. This places AL Sydbank AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.29. AL Sydbank AS's value of 2.87 is 122.5% above this benchmark. Historically, AL Sydbank AS's own Cyclically Adjusted PB Ratio has ranged from 0.56 to 2.60 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 1.29, AL Sydbank AS 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 1.29, based on 1,276 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. AL Sydbank AS's current Cyclically Adjusted PB Ratio of 2.87 is 122.5% 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 AL Sydbank AS and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AL Sydbank AS's current Cyclically Adjusted PB Ratio is 2.87, which is 119% above median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AL Sydbank AS stock overvalued right now?
Based on GuruFocus' analysis, AL Sydbank AS (SYANY) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.74, compared to a current price of $21.13 — trading 80% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.87, which is 119% above median its 10-year median of 1.31 and 122.5% above the Banks industry median of 1.29. AL Sydbank AS's overall GF Score™ is 71/100 with 8 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 AL Sydbank AS (SYANY), the current Cyclically Adjusted PB Ratio is 2.87 as of Sep. 06, 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 AL Sydbank AS (SYANY) Overvalued in 2026?

Based on GuruFocus' analysis, AL Sydbank AS stock appears to be overvalued. The current stock price of $21.13 is trading 80% above its estimated GF Value™ of $11.74. GuruFocus considers AL Sydbank AS to be Significantly Overvalued.

Key valuation signals for SYANY:

  • Cyclically Adjusted PB Ratio: 2.87 (119% above median its 10-year median of 1.31)
  • GF Value™: $11.74 vs. price of $21.13 (80% above fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 122.5% above the Banks median (#1137 of 1276)

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


AL Sydbank AS Business Description

Address Peberlyk 4, Aabenraa, DNK, 6200
AL Sydbank A/S is a Danish bank operating in Denmark and with some exposure to Northern Germany. The bank operates through five business segments: Banking, Asset Management, Sydbank Markets, Treasury, and Others. The bank provides various banking and financial advisory services such as mortgage credit, retail banking, investment banking, corporate banking, international banking, and asset management. A vast majority of Sydbank's net revenue is derived from its banking segment, which includes net interest and fee income from retail and corporate clients. The company earns the majority of its revenue in Denmark.
71GF Score

Get the complete analysis for SYANY

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

$21.13
Price
$11.74
GF Value