Bursa De Valori Bucuresti (BSE:BVB) Cyclically Adjusted PS Ratio: 11.59 (As of Jul. 17, 2026) — 52% Above Median

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BSE:BVB Bursa De Valori Bucuresti SA BSE:BVB
99 GF Score
Price lei76.40
GF Value lei48.75
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Bursa De Valori Bucuresti Cyclically Adjusted PS Ratio?

Bursa De Valori Bucuresti BSE:BVB +5.52% 99 Cyclically Adjusted PS Ratio is 11.59 as of Jul. 17, 2026, which is 52% above its 10-year median of 7.61. GuruFocus rates BSE:BVB with a GF Score™ of 99/100 and a GF Value™ of lei48.75 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 603 Capital Markets companies, Bursa De Valori Bucuresti ranks worse than 82.92% on this metric.

As of today (2026-07-17), Bursa De Valori Bucuresti's current share price is lei76.40. Bursa De Valori Bucuresti's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was lei6.59. Bursa De Valori Bucuresti's Cyclically Adjusted PS Ratio for today is 11.59.

The historical rank and industry rank for Bursa De Valori Bucuresti's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSE:BVB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.56   Med: 7.61   Max: 11.6
Current: 11.6

During the past years, Bursa De Valori Bucuresti's highest Cyclically Adjusted PS Ratio was 11.60. The lowest was 5.56. And the median was 7.61.

BSE:BVB's Cyclically Adjusted PS Ratio is ranked worse than
82.92% of 603 companies
in the Capital Markets industry
Industry Median: 3.36 vs BSE:BVB: 11.60

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 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.

Bursa De Valori Bucuresti's adjusted revenue per share data for the three months ended in Mar. 2026 was lei2.890. 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 lei6.59 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bursa De Valori Bucuresti  (BSE:BVB) 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.


Bursa De Valori Bucuresti Cyclically Adjusted PS Ratio Related Terms


Bursa De Valori Bucuresti Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bursa De Valori Bucuresti'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.

Bursa De Valori Bucuresti Cyclically Adjusted PS Ratio Chart

Bursa De Valori Bucuresti 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 0.00 0.00 10.02 6.37 5.93

Bursa De Valori Bucuresti Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.11 5.62 5.73 5.93 6.51

BSE:BVB vs SPGI, CME, MCO: Cyclically Adjusted PS Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, Bursa De Valori Bucuresti'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.


Bursa De Valori Bucuresti Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bursa De Valori Bucuresti's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bursa De Valori Bucuresti's Cyclically Adjusted PS Ratio falls into.


BSE:BVB
99GF Score
Bursa De Valori Bucuresti SA BSE:BVB
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bursa De Valori Bucuresti 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.

Bursa De Valori Bucuresti's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=76.40/6.59
=11.59

* 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.

Bursa De Valori Bucuresti's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Bursa De Valori Bucuresti's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.89/330.2130*330.2130
=2.890

Current CPI (Mar. 2026) = 330.2130.

Bursa De Valori Bucuresti Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.809 241.018 1.108
201609 0.964 241.428 1.319
201612 0.873 241.432 1.194
201703 0.969 243.801 1.312
201706 1.171 244.955 1.579
201709 0.932 246.819 1.247
201712 0.893 246.524 1.196
201803 1.196 249.554 1.583
201806 0.946 251.989 1.240
201809 0.772 252.439 1.010
201812 1.090 251.233 1.433
201903 0.891 254.202 1.157
201906 0.892 256.143 1.150
201909 0.875 256.759 1.125
201912 0.856 256.974 1.100
202003 1.218 258.115 1.558
202006 0.751 257.797 0.962
202009 1.211 260.280 1.536
202012 1.066 260.474 1.351
202103 0.994 264.877 1.239
202106 1.110 271.696 1.349
202109 1.181 274.310 1.422
202112 1.356 278.802 1.606
202203 1.569 287.504 1.802
202206 1.494 296.311 1.665
202209 1.228 296.808 1.366
202212 1.393 296.797 1.550
202303 1.293 301.836 1.415
202306 1.292 305.109 1.398
202309 3.771 307.789 4.046
202312 2.533 306.746 2.727
202403 1.908 312.332 2.017
202406 2.305 314.175 2.423
202409 1.900 315.301 1.990
202412 2.040 315.605 2.134
202503 1.678 319.799 1.733
202506 2.085 322.561 2.134
202509 2.337 324.800 2.376
202512 2.394 324.054 2.440
202603 2.890 330.213 2.890

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 11.59 mean?
Bursa De Valori Bucuresti (BSE:BVB) has a Cyclically Adjusted PS Ratio of 11.59 as of Jul. 17, 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 Bursa De Valori Bucuresti and its competitors. This is 52% above median its historical median of 7.61. Over the past decade, Bursa De Valori Bucuresti's Cyclically Adjusted PS Ratio has ranged from 5.56 to 11.60. According to the industry distribution chart, Bursa De Valori Bucuresti ranks #500 out of 603 companies in the Capital Markets industry, placing it in the top 82.9%.
Is Bursa De Valori Bucuresti's Cyclically Adjusted PS Ratio too high?
Bursa De Valori Bucuresti's current Cyclically Adjusted PS Ratio of 11.59 is 52% above median its 10-year median of 7.61. Over the past 10 years, this metric has ranged from a low of 5.56 to a high of 11.60. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.36. Bursa De Valori Bucuresti's value of 11.59 is 244.9% above this industry median. Based on the distribution chart, Bursa De Valori Bucuresti ranks #500 out of 603 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Bursa De Valori Bucuresti has a GF Score™ of 99/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bursa De Valori Bucuresti's Cyclically Adjusted PS Ratio compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Bursa De Valori Bucuresti ranks #500 out of 603 companies for Cyclically Adjusted PS Ratio. This places Bursa De Valori Bucuresti in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.36. Bursa De Valori Bucuresti's value of 11.59 is 244.9% above this benchmark. Historically, Bursa De Valori Bucuresti's own Cyclically Adjusted PS Ratio has ranged from 5.56 to 11.60 over the past decade. While the company's 10-year median is 7.61 vs. the industry median of 3.36, Bursa De Valori Bucuresti 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 Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.36, based on 603 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. Bursa De Valori Bucuresti's current Cyclically Adjusted PS Ratio of 11.59 is 244.9% 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 Bursa De Valori Bucuresti and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bursa De Valori Bucuresti's current Cyclically Adjusted PS Ratio is 11.59, which is 52% above median its own 10-year median of 7.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bursa De Valori Bucuresti stock overvalued right now?
Based on GuruFocus' analysis, Bursa De Valori Bucuresti (BSE:BVB) is currently considered Significantly Overvalued. The stock's GF Value™ is lei48.75, compared to a current price of lei76.40 — trading 56.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 11.59, which is 52% above median its 10-year median of 7.61 and 244.9% above the Capital Markets industry median of 3.36. Bursa De Valori Bucuresti's overall GF Score™ is 99/100 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 Bursa De Valori Bucuresti (BSE:BVB), the current Cyclically Adjusted PS Ratio is 11.59 as of Jul. 17, 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 Bursa De Valori Bucuresti (BSE:BVB) Overvalued in 2026?

Based on GuruFocus' analysis, Bursa De Valori Bucuresti stock appears to be overvalued. The current stock price of lei76.40 is trading 56.7% above its estimated GF Value™ of lei48.75. GuruFocus considers Bursa De Valori Bucuresti to be Significantly Overvalued.

Key valuation signals for BSE:BVB:

  • Cyclically Adjusted PS Ratio: 11.59 (52% above median its 10-year median of 7.61)
  • GF Value™: lei48.75 vs. price of lei76.40 (56.7% above fair value)
  • GF Score™: 99/100 with 4 warning signs
  • Industry Position: 244.9% above the Capital Markets median (#500 of 603)

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


Bursa De Valori Bucuresti Business Description

Other Exchanges N0N:Germany
Address 4-8 Nicolae Titulescu Avenue, 1st Floor, East Wing, America House Building, District 1, Bucharest, ROU, 011141
Bursa De Valori Bucuresti SA is engaged in the management and operation of financial markets. The company operates through four business segments, including Capital Markets, Post-trading Services, Registry Services, and CCP.RO Services. The Capital Markets segment involves trading in securities and financial instruments on regulated markets. Post-trading Services include services provided after the completion of transactions until funds are received and securities are transferred to portfolios. Registry Services involve maintaining and updating shareholder registers for listed companies. CCP.RO Services relate to the implementation and operation of central counterparty activities. The majority of the company's revenue is generated from Capital Markets trading services.
99GF Score

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

lei76.40
Price
lei48.75
GF Value