SpareBank 1 Ostlandet (CHIX:SPOLO) Cyclically Adjusted PS Ratio: (As of Aug. 14, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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CHIX:SPOLO SpareBank 1 Ostlandet CHIX:SPOLO
70 GF Score
Price kr187.10
GF Value kr172.64
Valuation Fairly Valued
! 6 Warning Signs
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What is SpareBank 1 Ostlandet Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SpareBank 1 Ostlandet  (CHIX:SPOLo) 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.


SpareBank 1 Ostlandet Cyclically Adjusted PS Ratio Related Terms


SpareBank 1 Ostlandet Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for SpareBank 1 Ostlandet'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.

SpareBank 1 Ostlandet Cyclically Adjusted PS Ratio Chart

SpareBank 1 Ostlandet 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 0.00 0.00 4.72

SpareBank 1 Ostlandet 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 4.56 4.36 4.72 4.42 0.00

SpareBank 1 Ostlandet Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, SpareBank 1 Ostlandet'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.


SpareBank 1 Ostlandet Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 Ostlandet's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where SpareBank 1 Ostlandet's Cyclically Adjusted PS Ratio falls into.


CHIX:SPOLO
70GF Score
SpareBank 1 Ostlandet CHIX:SPOLO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SpareBank 1 Ostlandet 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.

SpareBank 1 Ostlandet's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, SpareBank 1 Ostlandet'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)
=12.797/141.5800*141.5800
=12.797

Current CPI (Jun. 2026) = 141.5800.

SpareBank 1 Ostlandet Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 7.340 104.200 9.973
201612 5.716 104.400 7.752
201703 7.209 105.000 9.720
201706 7.552 105.800 10.106
201709 7.850 105.900 10.495
201712 8.510 106.100 11.356
201803 7.738 107.300 10.210
201806 8.743 108.500 11.409
201809 8.110 109.500 10.486
201812 7.379 109.800 9.515
201903 8.081 110.400 10.363
201906 8.219 110.600 10.521
201909 10.674 111.100 13.602
201912 8.046 111.300 10.235
202003 6.812 111.200 8.673
202006 8.495 112.100 10.729
202009 8.418 112.900 10.556
202012 9.246 112.900 11.595
202103 8.366 114.600 10.336
202106 8.849 115.300 10.866
202109 9.082 117.500 10.943
202112 8.823 118.900 10.506
202203 9.324 119.800 11.019
202206 8.107 122.600 9.362
202209 9.203 125.600 10.374
202212 10.662 125.900 11.990
202303 11.042 127.600 12.252
202306 11.854 130.400 12.870
202309 11.215 129.800 12.233
202312 12.245 131.900 13.144
202403 13.342 132.600 14.246
202406 13.295 133.800 14.068
202409 13.696 133.700 14.503
202412 12.292 134.800 12.910
202503 12.196 136.100 12.687
202506 13.441 137.800 13.810
202509 13.348 138.500 13.645
202512 12.910 139.100 13.140
202603 11.769 141.030 11.815
202606 12.797 141.580 12.797

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 SpareBank 1 Ostlandet (CHIX:SPOLO) Overvalued in 2026?

Based on GuruFocus' analysis, SpareBank 1 Ostlandet stock appears to be overvalued. The current stock price of kr187.10 is trading 8.4% above its estimated GF Value™ of kr172.64. GuruFocus considers SpareBank 1 Ostlandet to be Fairly Valued.

Key valuation signals for CHIX:SPOLO:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: kr172.64 vs. price of kr187.10 (8.4% above fair value)
  • GF Score™: 70/100 with 6 warning signs

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


SpareBank 1 Ostlandet Business Description

Other Exchanges SPOL:Norway0RU6:UK
Address Strandgata 15, Postbox 203, Hamar, NOR, N-2302
SpareBank 1 Ostlandet is a savings bank and regional financial institution. The bank offers financial products and services, including savings, financing, payment processing, insurance, capital management, investments, loans and credits, advisory services, foreign exchange and interest rate hedging, and pension solutions. The Group reports the following operating segments: Retail Banking (PM), Corporate Banking (BM), Real Estate Agency, Financing/Leasing, Accounting Services, and Unallocated operations. The bank mainly operates in Eastern Norway with a presence in Innlandet, Oslo, Akershus, and Buskerud through a branch network, digital channels, and customer centres.
70GF Score

Get the complete analysis for CHIX:SPOLO

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

kr187.10
Price
kr172.64
GF Value