National Bank of Ras Al-Khaimah PSC (ADX:RAKBANK) Cyclically Adjusted PS Ratio: 3.87 (As of Aug. 08, 2026) — 81% Above Median

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ADX:RAKBANK National Bank of Ras Al-Khaimah PSC ADX:RAKBANK
63 GF Score
Price د.إ9.13
GF Value د.إ7.67
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is National Bank of Ras Al-Khaimah PSC Cyclically Adjusted PS Ratio?

National Bank of Ras Al-Khaimah PSC ADX:RAKBANK +0.22% 63 Cyclically Adjusted PS Ratio is 3.87 as of Aug. 08, 2026, which is 81% above its 10-year median of 2.14. GuruFocus rates ADX:RAKBANK with a GF Score™ of 63/100 and a GF Value™ of د.إ7.67 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,298 Banks companies, National Bank of Ras Al-Khaimah PSC ranks worse than 60.32% on this metric.

As of today (2026-08-08), National Bank of Ras Al-Khaimah PSC's current share price is د.إ9.13. National Bank of Ras Al-Khaimah PSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was د.إ2.36. National Bank of Ras Al-Khaimah PSC's Cyclically Adjusted PS Ratio for today is 3.87.

The historical rank and industry rank for National Bank of Ras Al-Khaimah PSC's Cyclically Adjusted PS Ratio or its related term are showing as below:

ADX:RAKBANK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 2.14   Max: 4.4
Current: 3.88

During the past years, National Bank of Ras Al-Khaimah PSC's highest Cyclically Adjusted PS Ratio was 4.40. The lowest was 0.45. And the median was 2.14.

ADX:RAKBANK's Cyclically Adjusted PS Ratio is ranked worse than
60.32% of 1298 companies
in the Banks industry
Industry Median: 3.42 vs ADX:RAKBANK: 3.88

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.

National Bank of Ras Al-Khaimah PSC's adjusted revenue per share data for the three months ended in Jun. 2026 was د.إ0.643. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is د.إ2.36 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Bank of Ras Al-Khaimah PSC  (ADX:RAKBANK) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


National Bank of Ras Al-Khaimah PSC Cyclically Adjusted PS Ratio Related Terms


National Bank of Ras Al-Khaimah PSC Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for National Bank of Ras Al-Khaimah PSC's Cyclically Adjusted PS 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.

National Bank of Ras Al-Khaimah PSC Cyclically Adjusted PS Ratio Chart

National Bank of Ras Al-Khaimah PSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 1.86 2.42 2.69 3.66

National Bank of Ras Al-Khaimah PSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 3.05 3.34 3.66 3.47 3.84

National Bank of Ras Al-Khaimah PSC Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, National Bank of Ras Al-Khaimah PSC'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.


National Bank of Ras Al-Khaimah PSC Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, National Bank of Ras Al-Khaimah PSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where National Bank of Ras Al-Khaimah PSC's Cyclically Adjusted PS Ratio falls into.


ADX:RAKBANK
63GF Score
National Bank of Ras Al-Khaimah PSC ADX:RAKBANK
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Bank of Ras Al-Khaimah PSC Cyclically Adjusted PS Ratio Calculation

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

National Bank of Ras Al-Khaimah PSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.13/2.36
=3.87

* 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.

National Bank of Ras Al-Khaimah PSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, National Bank of Ras Al-Khaimah PSC'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)
=0.643/333.9520*333.9520
=0.643

Current CPI (Jun. 2026) = 333.9520.

National Bank of Ras Al-Khaimah PSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.472 241.428 0.653
201612 0.459 241.432 0.635
201703 0.471 243.801 0.645
201706 0.480 244.955 0.654
201709 0.477 246.819 0.645
201712 0.466 246.524 0.631
201803 0.456 249.554 0.610
201806 0.468 251.989 0.620
201809 0.478 252.439 0.632
201812 0.491 251.233 0.653
201903 0.496 254.202 0.652
201906 0.493 256.143 0.643
201909 0.496 256.759 0.645
201912 0.493 256.974 0.641
202003 0.497 258.115 0.643
202006 0.447 257.797 0.579
202009 0.423 260.280 0.543
202012 0.396 260.474 0.508
202103 0.389 264.877 0.490
202106 0.403 271.696 0.495
202109 0.389 274.310 0.474
202112 0.377 278.802 0.452
202203 0.319 287.504 0.371
202206 0.367 296.311 0.414
202209 0.414 296.808 0.466
202212 0.454 296.797 0.511
202303 0.511 301.836 0.565
202306 0.530 305.109 0.580
202309 0.541 307.789 0.587
202312 0.519 306.746 0.565
202403 0.577 312.332 0.617
202406 0.577 314.175 0.613
202409 0.592 315.301 0.627
202412 0.557 315.605 0.589
202503 0.637 319.799 0.665
202506 0.625 322.561 0.647
202509 0.657 324.800 0.676
202512 0.628 324.054 0.647
202603 0.654 330.213 0.661
202606 0.643 333.952 0.643

Add all the adjusted revenue per share together and divide 10 will get our 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.

What does a Cyclically Adjusted PS Ratio of 3.87 mean?
National Bank of Ras Al-Khaimah PSC (ADX:RAKBANK) has a Cyclically Adjusted PS Ratio of 3.87 as of Aug. 08, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on National Bank of Ras Al-Khaimah PSC and its competitors. This is 81% above median its historical median of 2.14. Over the past decade, National Bank of Ras Al-Khaimah PSC's Cyclically Adjusted PS Ratio has ranged from 0.45 to 4.40. According to the industry distribution chart, National Bank of Ras Al-Khaimah PSC ranks #783 out of 1298 companies in the Banks industry, placing it in the top 60.3%.
Is National Bank of Ras Al-Khaimah PSC's Cyclically Adjusted PS Ratio too high?
National Bank of Ras Al-Khaimah PSC's current Cyclically Adjusted PS Ratio of 3.87 is 81% above median its 10-year median of 2.14. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 4.40. The Banks industry median Cyclically Adjusted PS Ratio is 3.42. National Bank of Ras Al-Khaimah PSC's value of 3.87 is 13.2% above this industry median. Based on the distribution chart, National Bank of Ras Al-Khaimah PSC ranks #783 out of 1298 companies in the Banks industry, which is below the industry midpoint. Overall, National Bank of Ras Al-Khaimah PSC has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Bank of Ras Al-Khaimah PSC's Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, National Bank of Ras Al-Khaimah PSC ranks #783 out of 1298 companies for Cyclically Adjusted PS Ratio. This places National Bank of Ras Al-Khaimah PSC in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.42. National Bank of Ras Al-Khaimah PSC's value of 3.87 is 13.2% above this benchmark. Historically, National Bank of Ras Al-Khaimah PSC's own Cyclically Adjusted PS Ratio has ranged from 0.45 to 4.40 over the past decade. While the company's 10-year median is 2.14 vs. the industry median of 3.42, National Bank of Ras Al-Khaimah PSC 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 PS Ratio for a Banks company?
The median Cyclically Adjusted PS Ratio among Banks companies is 3.42, based on 1,298 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Bank of Ras Al-Khaimah PSC's current Cyclically Adjusted PS Ratio of 3.87 is 13.2% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on National Bank of Ras Al-Khaimah PSC and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Bank of Ras Al-Khaimah PSC's current Cyclically Adjusted PS Ratio is 3.87, which is 81% above median its own 10-year median of 2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Bank of Ras Al-Khaimah PSC stock overvalued right now?
Based on GuruFocus' analysis, National Bank of Ras Al-Khaimah PSC (ADX:RAKBANK) is currently considered Modestly Overvalued. The stock's GF Value™ is د.إ7.67, compared to a current price of د.إ9.13 — trading 19% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.87, which is 81% above median its 10-year median of 2.14 and 13.2% above the Banks industry median of 3.42. National Bank of Ras Al-Khaimah PSC's overall GF Score™ is 63/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For National Bank of Ras Al-Khaimah PSC (ADX:RAKBANK), the current Cyclically Adjusted PS Ratio is 3.87 as of Aug. 08, 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 National Bank of Ras Al-Khaimah PSC (ADX:RAKBANK) Overvalued in 2026?

Based on GuruFocus' analysis, National Bank of Ras Al-Khaimah PSC stock appears to be overvalued. The current stock price of د.إ9.13 is trading 19% above its estimated GF Value™ of د.إ7.67. GuruFocus considers National Bank of Ras Al-Khaimah PSC to be Modestly Overvalued.

Key valuation signals for ADX:RAKBANK:

  • Cyclically Adjusted PS Ratio: 3.87 (81% above median its 10-year median of 2.14)
  • GF Value™: د.إ7.67 vs. price of د.إ9.13 (19% above fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 13.2% above the Banks median (#783 of 1298)

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


National Bank of Ras Al-Khaimah PSC Business Description

Address Exit No. 129, Sheikh Mohammed Bin Zayed Road, P.O. Box 5300, Ras Al-Khaimah, ARE
National Bank of Ras Al-Khaimah PSC is engaged in providing retail and commercial banking services in the UAE. The bank has operating segments, namely Retail Banking, Wholesale Banking, Business Banking, Head office & Others. It generates maximum revenue from the Wholesale banking segment, which represents transactions with corporate bodies, including government and public bodies, and comprises loans, advances, deposits, and trade finance transactions of corporate customers and financial institutions.
63GF Score

Get the complete analysis for ADX:RAKBANK

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

د.إ9.13
Price
د.إ7.67
GF Value