Aktia Bank (FRA:2A41) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:2A41 Aktia Bank PLC FRA:2A41
63 GF Score
Price €12.72
GF Value €7.84
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Aktia Bank Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Aktia Bank  (FRA:2A41) 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.


Aktia Bank Cyclically Adjusted PS Ratio Related Terms


Aktia Bank Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Aktia Bank'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.

Aktia Bank Cyclically Adjusted PS Ratio Chart

Aktia Bank 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 2.38 1.65 1.47 1.36 1.79

Aktia Bank 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 1.98 2.01 2.55 2.47 2.16

FRA:2A41 vs USB, PNC: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, Aktia Bank'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.


Aktia Bank Cyclically Adjusted PS Ratio vs Banks Industry

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

* The bar in red indicates where Aktia Bank's Cyclically Adjusted PS Ratio falls into.


FRA:2A41
63GF Score
Aktia Bank PLC FRA:2A41
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Aktia Bank 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.

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

For example, Aktia Bank'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)
=1.639/125.0700*125.0700
=1.639

Current CPI (Jun. 2026) = 125.0700.

Aktia Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.448 100.540 0.557
201612 0.762 101.020 0.943
201703 0.487 100.910 0.604
201706 1.008 101.140 1.246
201709 0.840 101.320 1.037
201712 0.854 101.510 1.052
201803 0.817 101.730 1.004
201806 0.849 102.320 1.038
201809 0.794 102.600 0.968
201812 0.734 102.710 0.894
201903 1.122 102.870 1.364
201906 1.390 103.360 1.682
201909 1.207 103.540 1.458
201912 0.800 103.650 0.965
202003 1.445 103.490 1.746
202006 0.806 103.320 0.976
202009 0.742 103.710 0.895
202012 1.147 103.890 1.381
202103 0.865 104.870 1.032
202106 1.090 105.360 1.294
202109 1.006 106.290 1.184
202112 1.833 107.490 2.133
202203 1.492 110.950 1.682
202206 1.711 113.570 1.884
202209 1.185 114.920 1.290
202212 1.143 117.320 1.219
202303 1.452 119.750 1.517
202306 1.465 120.690 1.518
202309 1.597 121.280 1.647
202312 1.560 121.540 1.605
202403 0.541 122.360 0.553
202406 1.652 122.230 1.690
202409 1.593 122.260 1.630
202412 1.608 122.390 1.643
202503 0.482 123.010 0.490
202506 1.550 122.530 1.582
202509 1.528 122.880 1.555
202512 0.478 122.670 0.487
202603 1.474 124.670 1.479
202606 1.639 125.070 1.639

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 Aktia Bank (FRA:2A41) Overvalued in 2026?

Based on GuruFocus' analysis, Aktia Bank stock appears to be overvalued. The current stock price of €12.72 is trading 62.2% above its estimated GF Value™ of €7.84. GuruFocus considers Aktia Bank to be Significantly Overvalued.

Key valuation signals for FRA:2A41:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €7.84 vs. price of €12.72 (62.2% above fair value)
  • GF Score™: 63/100 with 6 warning signs

No single metric tells the full story. See the FRA:2A41 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aktia Bank Business Description

Other Exchanges 0QF8:UKAKTIA:Finland
Address Arkadiankatu 4-6 A, PO Box 207, Helsinki, FIN, 00101
Aktia Bank PLC operates in Finland and offers a broad range of financial services, including banking, asset management, and insurance. The vast majority of its customer base lives in the Helsinki metropolitan area, which accounts for most of its loan and deposit activities. It operates through business segments: banking business, which includes individual, corporate, and institutional customers; and asset management, which includes the firm's asset management business and life insurance arm and Group functions. The majority of revenue comes from the banking business segment.
63GF Score

Get the complete analysis for FRA:2A41

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

€12.72
Price
€7.84
GF Value