Foroya Banki P/F (FRA:BNW) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: 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:BNW Foroya Banki P/F FRA:BNW
40 GF Score
Price €36.95
GF Value €21.46
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Foroya Banki P/F Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Foroya Banki P/F  (FRA:BNW) 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.


Foroya Banki P/F Cyclically Adjusted PS Ratio Related Terms


Foroya Banki P/F Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Foroya Banki P/F'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.

Foroya Banki P/F Cyclically Adjusted PS Ratio Chart

Foroya Banki P/F 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 - - - 2.05 3.64

Foroya Banki P/F 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 2.24 2.40 3.40 2.74 2.97

Foroya Banki P/F Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Foroya Banki P/F'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.


Foroya Banki P/F Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Foroya Banki P/F's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Foroya Banki P/F's Cyclically Adjusted PS Ratio falls into.


FRA:BNW
40GF Score
Foroya Banki P/F FRA:BNW
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Foroya Banki P/F 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.

Foroya Banki P/F's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Foroya Banki P/F'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)
=2.648/333.9520*333.9520
=2.648

Current CPI (Jun. 2026) = 333.9520.

Foroya Banki P/F Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.587 241.018 3.585
201609 2.519 241.428 3.484
201612 2.249 241.432 3.111
201703 2.642 243.801 3.619
201706 2.702 244.955 3.684
201709 2.006 246.819 2.714
201712 2.538 246.524 3.438
201803 2.593 249.554 3.470
201806 2.425 251.989 3.214
201809 2.367 252.439 3.131
201812 2.496 251.233 3.318
201903 1.786 254.202 2.346
201906 2.807 256.143 3.660
201909 2.708 256.759 3.522
201912 2.635 256.974 3.424
202003 1.476 258.115 1.910
202006 1.138 257.797 1.474
202009 2.337 260.280 2.998
202103 1.565 264.877 1.973
202106 1.642 271.696 2.018
202109 1.748 274.310 2.128
202112 2.280 278.802 2.731
202203 1.436 287.504 1.668
202206 1.180 296.311 1.330
202209 1.080 296.808 1.215
202212 3.317 296.797 3.732
202303 2.355 301.836 2.606
202306 2.515 305.109 2.753
202309 2.776 307.789 3.012
202312 2.902 306.746 3.159
202403 2.724 312.332 2.913
202406 2.796 314.175 2.972
202409 3.188 315.301 3.377
202412 2.717 315.605 2.875
202503 2.580 319.799 2.694
202506 2.887 322.561 2.989
202509 2.530 324.800 2.601
202512 2.484 324.054 2.560
202603 2.478 330.213 2.506
202606 2.648 333.952 2.648

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 Foroya Banki P/F (FRA:BNW) Overvalued in 2026?

Based on GuruFocus' analysis, Foroya Banki P/F stock appears to be overvalued. The current stock price of €36.95 is trading 72.2% above its estimated GF Value™ of €21.46. GuruFocus considers Foroya Banki P/F to be Significantly Overvalued.

Key valuation signals for FRA:BNW:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €21.46 vs. price of €36.95 (72.2% above fair value)
  • GF Score™: 40/100 with 6 warning signs

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


Foroya Banki P/F Business Description

Other Exchanges 0OF2:UKFOBANK:Denmark
Address Oknarvegur 5, P.O. Box 3048, Torshavn, FRO, FO-110
Foroya Banki P/F is a banking company. It provides a range of banking products and financial services to private and corporate customers. Its business units include Banking and Non-life insurance. The Banking unit comprises of Personal Banking and Corporate Banking. Personal Banking comprises private customers in the Faroe Islands and Greenland. Corporate Banking comprises corporate customers mainly in the Faroe Islands and in Greenland. The corporate also comprises a few remaining corporate customers from Denmark. Non-life insurance comprises the insurance company P/F TRYGD based The Faroe Islands. TRYGD is responsible for the-life insurance products. It operates in the Faroe Islands, Denmark and Greenland of which key revenue is derived from the Faroe Islands.
40GF Score

Get the complete analysis for FRA:BNW

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

€36.95
Price
€21.46
GF Value