Skandinaviska Enskilda Banken AB (CHIX:SEBAS) Cyclically Adjusted PS Ratio: 6.23 (As of Jul. 12, 2026) — 42% Above Median


CHIX:SEBAS Skandinaviska Enskilda Banken AB CHIX:SEBAS
72 GF Score
Price kr201.45
GF Value kr152.96
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Skandinaviska Enskilda Banken AB Cyclically Adjusted PS Ratio?

Skandinaviska Enskilda Banken AB CHIX:SEBAS 72 Cyclically Adjusted PS Ratio is 6.23 as of Jul. 12, 2026, which is 42% above its 10-year median of 4.39. GuruFocus rates CHIX:SEBAS with a GF Score™ of 72/100 and a GF Value™ of kr152.96 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,306 Banks companies, Skandinaviska Enskilda Banken AB ranks worse than 87.52% on this metric.

As of today (2026-07-12), Skandinaviska Enskilda Banken AB's current share price is kr201.45. Skandinaviska Enskilda Banken AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was kr32.32. Skandinaviska Enskilda Banken AB's Cyclically Adjusted PS Ratio for today is 6.23.

The historical rank and industry rank for Skandinaviska Enskilda Banken AB's Cyclically Adjusted PS Ratio or its related term are showing as below:

CHIX:SEBAs' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.74   Med: 4.39   Max: 6.34
Current: 6.25

During the past years, Skandinaviska Enskilda Banken AB's highest Cyclically Adjusted PS Ratio was 6.34. The lowest was 2.74. And the median was 4.39.

CHIX:SEBAs's Cyclically Adjusted PS Ratio is ranked worse than
87.52% of 1306 companies
in the Banks industry
Industry Median: 3.34 vs CHIX:SEBAs: 6.25

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.

Skandinaviska Enskilda Banken AB's adjusted revenue per share data for the three months ended in Mar. 2026 was kr9.295. 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 kr32.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Skandinaviska Enskilda Banken AB  (CHIX:SEBAs) 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.


Skandinaviska Enskilda Banken AB Cyclically Adjusted PS Ratio Related Terms


Skandinaviska Enskilda Banken AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Skandinaviska Enskilda Banken AB'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.

Skandinaviska Enskilda Banken AB Cyclically Adjusted PS Ratio Chart

Skandinaviska Enskilda Banken AB 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 5.28 4.46 4.79 4.96 6.13

Skandinaviska Enskilda Banken AB 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 5.34 5.28 5.83 6.13 5.36

CHIX:SEBAS vs PNC, USB: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, Skandinaviska Enskilda Banken AB'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.


Skandinaviska Enskilda Banken AB Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Skandinaviska Enskilda Banken AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Skandinaviska Enskilda Banken AB's Cyclically Adjusted PS Ratio falls into.


CHIX:SEBAS
72GF Score
Skandinaviska Enskilda Banken AB CHIX:SEBAS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Skandinaviska Enskilda Banken AB 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.

Skandinaviska Enskilda Banken AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=201.45/32.32
=6.23

* 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.

Skandinaviska Enskilda Banken AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Skandinaviska Enskilda Banken AB'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)
=9.295/133.5600*133.5600
=9.295

Current CPI (Mar. 2026) = 133.5600.

Skandinaviska Enskilda Banken AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.841 101.019 6.400
201609 4.956 101.138 6.545
201612 5.334 102.022 6.983
201703 5.132 102.022 6.718
201706 5.228 102.752 6.795
201709 5.115 103.279 6.615
201712 5.436 103.793 6.995
201803 4.953 103.962 6.363
201806 5.470 104.875 6.966
201809 5.252 105.679 6.638
201812 5.395 105.912 6.803
201903 5.474 105.886 6.905
201906 5.615 106.742 7.026
201909 5.496 107.214 6.847
201912 6.353 107.766 7.874
202003 4.635 106.563 5.809
202006 6.422 107.498 7.979
202009 5.779 107.635 7.171
202012 6.007 108.296 7.408
202103 6.254 108.360 7.708
202106 6.388 108.928 7.833
202109 6.405 110.338 7.753
202112 6.486 112.486 7.701
202203 6.802 114.825 7.912
202206 6.668 118.384 7.523
202209 7.699 122.296 8.408
202212 8.788 126.365 9.288
202303 8.965 127.042 9.425
202306 9.470 129.407 9.774
202309 9.971 130.224 10.226
202312 9.617 131.912 9.737
202403 9.920 132.205 10.022
202406 9.784 132.716 9.846
202409 10.110 132.304 10.206
202412 9.735 132.987 9.777
202503 9.740 132.825 9.794
202506 9.677 133.699 9.667
202509 9.314 133.480 9.320
202512 9.490 133.390 9.502
202603 9.295 133.560 9.295

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 6.23 mean?
Skandinaviska Enskilda Banken AB (CHIX:SEBAS) has a Cyclically Adjusted PS Ratio of 6.23 as of Jul. 12, 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 Skandinaviska Enskilda Banken AB and its competitors. This is 42% above median its historical median of 4.39. Over the past decade, Skandinaviska Enskilda Banken AB's Cyclically Adjusted PS Ratio has ranged from 2.74 to 6.34. According to the industry distribution chart, Skandinaviska Enskilda Banken AB ranks #1143 out of 1306 companies in the Banks industry, placing it in the top 87.5%.
Is Skandinaviska Enskilda Banken AB's Cyclically Adjusted PS Ratio too high?
Skandinaviska Enskilda Banken AB's current Cyclically Adjusted PS Ratio of 6.23 is 42% above median its 10-year median of 4.39. Over the past 10 years, this metric has ranged from a low of 2.74 to a high of 6.34. The Banks industry median Cyclically Adjusted PS Ratio is 3.34. Skandinaviska Enskilda Banken AB's value of 6.23 is 86.5% above this industry median. Based on the distribution chart, Skandinaviska Enskilda Banken AB ranks #1143 out of 1306 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Skandinaviska Enskilda Banken AB has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Skandinaviska Enskilda Banken AB's Cyclically Adjusted PS Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Skandinaviska Enskilda Banken AB ranks #1143 out of 1306 companies for Cyclically Adjusted PS Ratio. This places Skandinaviska Enskilda Banken AB in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.34. Skandinaviska Enskilda Banken AB's value of 6.23 is 86.5% above this benchmark. Historically, Skandinaviska Enskilda Banken AB's own Cyclically Adjusted PS Ratio has ranged from 2.74 to 6.34 over the past decade. While the company's 10-year median is 4.39 vs. the industry median of 3.34, Skandinaviska Enskilda Banken AB 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 3.34, based on 1,306 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. Skandinaviska Enskilda Banken AB's current Cyclically Adjusted PS Ratio of 6.23 is 86.5% 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 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 Skandinaviska Enskilda Banken AB and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skandinaviska Enskilda Banken AB's current Cyclically Adjusted PS Ratio is 6.23, which is 42% above median its own 10-year median of 4.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skandinaviska Enskilda Banken AB stock overvalued right now?
Based on GuruFocus' analysis, Skandinaviska Enskilda Banken AB (CHIX:SEBAS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr152.96, compared to a current price of kr201.45 — trading 31.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.23, which is 42% above median its 10-year median of 4.39 and 86.5% above the Banks industry median of 3.34. Skandinaviska Enskilda Banken AB's overall GF Score™ is 72/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Skandinaviska Enskilda Banken AB (CHIX:SEBAS), the current Cyclically Adjusted PS Ratio is 6.23 as of Jul. 12, 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 Skandinaviska Enskilda Banken AB (CHIX:SEBAS) Overvalued in 2026?

Based on GuruFocus' analysis, Skandinaviska Enskilda Banken AB stock appears to be overvalued. The current stock price of kr201.45 is trading 31.7% above its estimated GF Value™ of kr152.96. GuruFocus considers Skandinaviska Enskilda Banken AB to be Significantly Overvalued.

Key valuation signals for CHIX:SEBAS:

  • Cyclically Adjusted PS Ratio: 6.23 (42% above median its 10-year median of 4.39)
  • GF Value™: kr152.96 vs. price of kr201.45 (31.7% above fair value)
  • GF Score™: 72/100 with 8 warning signs
  • Industry Position: 86.5% above the Banks median (#1143 of 1306)

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


Skandinaviska Enskilda Banken AB Business Description

Address Kungstradgardsgatan 8, Stockholm, SWE, SE-106 40
Skandinaviska Enskilda Banken is a Swedish universal bank with a strong focus on the corporate lending sector. The bank operates in the Nordics, the Baltics, Germany, and the United Kingdom but derives the majority of its operating profits from Sweden. SEB specializes in corporate lending, particularly to large corporations. Additionally, it serves large midcorporate and multinational companies, financial institutions, and small and medium-size enterprises. It also serves about 4 million private customers in Sweden and the Baltics. The bank offers asset management, life insurance, and private banking services to its clients.
72GF Score

Get the complete analysis for CHIX:SEBAS

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

kr201.45
Price
kr152.96
GF Value