CFG (Citizens Financial Group) Cyclically Adjusted PS Ratio: (As of Aug. 05, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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CFG Citizens Financial Group Inc CFG
67 GF Score
Price $73.68
GF Value $48.81
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Citizens Financial Group Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Citizens Financial Group  (NYSE:CFG) 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.


Citizens Financial Group Cyclically Adjusted PS Ratio Related Terms


Citizens Financial Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Citizens Financial Group'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.

Citizens Financial Group Cyclically Adjusted PS Ratio Chart

Citizens Financial Group 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 2.76 2.16 2.67 3.33

Citizens Financial Group 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 2.62 3.06 3.33 3.32 0.00

CFG vs BAP, RF, HBAN: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, Citizens Financial Group'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.


Citizens Financial Group Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Citizens Financial Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Citizens Financial Group's Cyclically Adjusted PS Ratio falls into.


CFG
67GF Score
Citizens Financial Group Inc CFG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Citizens Financial Group 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.

Citizens Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Citizens Financial Group'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)
=5.351/333.9520*333.9520
=5.351

Current CPI (Jun. 2026) = 333.9520.

Citizens Financial Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.639 241.428 3.650
201612 2.662 241.432 3.682
201703 2.707 243.801 3.708
201706 2.751 244.955 3.750
201709 2.874 246.819 3.889
201712 3.007 246.524 4.073
201803 2.988 249.554 3.999
201806 3.104 251.989 4.114
201809 3.275 252.439 4.333
201812 3.397 251.233 4.515
201903 3.420 254.202 4.493
201906 3.544 256.143 4.621
201909 3.663 256.759 4.764
201912 3.767 256.974 4.895
202003 3.859 258.115 4.993
202006 4.093 257.797 5.302
202009 4.185 260.280 5.370
202012 3.986 260.474 5.110
202103 3.875 264.877 4.886
202106 3.763 271.696 4.625
202109 3.878 274.310 4.721
202112 4.031 278.802 4.828
202203 3.874 287.504 4.500
202206 3.989 296.311 4.496
202209 4.376 296.808 4.924
202212 4.504 296.797 5.068
202303 4.363 301.836 4.827
202306 4.354 305.109 4.766
202309 4.274 307.789 4.637
202312 4.252 306.746 4.629
202403 4.224 312.332 4.516
202406 4.291 314.175 4.561
202409 4.225 315.301 4.475
202412 4.466 315.605 4.726
202503 4.376 319.799 4.570
202506 4.666 322.561 4.831
202509 4.864 324.800 5.001
202512 4.972 324.054 5.124
202603 5.043 330.213 5.100
202606 5.351 333.952 5.351

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.

Is Citizens Financial Group (CFG) Overvalued in 2026?

Based on GuruFocus' analysis, Citizens Financial Group stock appears to be overvalued. The current stock price of $73.68 is trading 51% above its estimated GF Value™ of $48.81. GuruFocus considers Citizens Financial Group to be Significantly Overvalued.

Key valuation signals for CFG:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $48.81 vs. price of $73.68 (51% above fair value)
  • GF Score™: 67/100 with 7 warning signs

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


Citizens Financial Group Business Description

Address One Citizens Plaza, Providence, RI, USA, 02903
Citizens Financial Group Inc is a bank holding company headquartered in Providence, Rhode Island. Through its subsidiaries, it offers various retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions. The group's reportable business segments are: Consumer Banking and Commercial Banking. The majority of its revenue is generated from the Consumer Banking segment, which serves consumer customers and small businesses, offering traditional banking products and services, including deposits, mortgage and home equity lending, credit cards, small business loans, education loans, point-of-sale finance loans, and wealth management solutions, among others, through a network of branches and ATMs.
67GF Score

Get the complete analysis for CFG

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

$73.68
Price
$48.81
GF Value