ConnectOne Bancorp (FRA:CBM) Cyclically Adjusted PS Ratio: 4.46 (As of Jul. 29, 2026) — Near Median

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FRA:CBM ConnectOne Bancorp Inc FRA:CBM
21 GF Score
Price €28.80
GF Value €24.68
Valuation Modestly Overvalued
! 6 Warning Signs
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What is ConnectOne Bancorp Cyclically Adjusted PS Ratio?

ConnectOne Bancorp FRA:CBM +0.70% 21 Cyclically Adjusted PS Ratio is 4.46 as of Jul. 29, 2026, which is 4% below its 10-year median of 4.66. GuruFocus rates FRA:CBM with a GF Score™ of 21/100 and a GF Value™ of €24.68 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,301 Banks companies, ConnectOne Bancorp ranks worse than 68.87% on this metric.

As of today (2026-07-29), ConnectOne Bancorp's current share price is €28.80. ConnectOne Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €6.46. ConnectOne Bancorp's Cyclically Adjusted PS Ratio for today is 4.46.

The historical rank and industry rank for ConnectOne Bancorp's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:CBM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.17   Med: 4.66   Max: 8.7
Current: 4.37

During the past years, ConnectOne Bancorp's highest Cyclically Adjusted PS Ratio was 8.70. The lowest was 2.17. And the median was 4.66.

FRA:CBM's Cyclically Adjusted PS Ratio is ranked worse than
68.87% of 1301 companies
in the Banks industry
Industry Median: 3.43 vs FRA:CBM: 4.37

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.

ConnectOne Bancorp's adjusted revenue per share data for the three months ended in Mar. 2026 was €1.983. 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 €6.46 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ConnectOne Bancorp  (FRA:CBM) 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.


ConnectOne Bancorp Cyclically Adjusted PS Ratio Related Terms


ConnectOne Bancorp Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for ConnectOne Bancorp'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.

ConnectOne Bancorp Cyclically Adjusted PS Ratio Chart

ConnectOne Bancorp 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 6.16 3.99 3.51 3.31 3.56

ConnectOne Bancorp 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 3.22 3.40 3.56 3.53 0.00

FRA:CBM vs FSUN, QCRH, OBK: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, ConnectOne Bancorp'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.


ConnectOne Bancorp Cyclically Adjusted PS Ratio vs Banks Industry

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

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


FRA:CBM
21GF Score
ConnectOne Bancorp Inc FRA:CBM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ConnectOne Bancorp 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.

ConnectOne Bancorp's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=28.80/6.46
=4.46

* 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.

ConnectOne Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, ConnectOne Bancorp'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)
=1.983/330.2130*330.2130
=1.983

Current CPI (Mar. 2026) = 330.2130.

ConnectOne Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.995 241.018 1.363
201609 1.133 241.428 1.550
201612 1.045 241.432 1.429
201703 1.050 243.801 1.422
201706 1.008 244.955 1.359
201709 1.011 246.819 1.353
201712 1.089 246.524 1.459
201803 0.990 249.554 1.310
201806 1.067 251.989 1.398
201809 1.093 252.439 1.430
201812 1.129 251.233 1.484
201903 1.170 254.202 1.520
201906 1.187 256.143 1.530
201909 1.301 256.759 1.673
201912 1.271 256.974 1.633
202003 1.331 258.115 1.703
202006 1.466 257.797 1.878
202009 1.371 260.280 1.739
202012 1.340 260.474 1.699
202103 1.349 264.877 1.682
202106 1.405 271.696 1.708
202109 1.541 274.310 1.855
202112 1.647 278.802 1.951
202203 1.678 287.504 1.927
202206 1.892 296.311 2.108
202209 2.092 296.808 2.327
202212 1.954 296.797 2.174
202303 1.661 301.836 1.817
202306 1.592 305.109 1.723
202309 1.591 307.789 1.707
202312 1.565 306.746 1.685
202403 1.532 312.332 1.620
202406 1.591 314.175 1.672
202409 1.535 315.301 1.608
202412 1.696 315.605 1.775
202503 1.686 319.799 1.741
202506 1.728 322.561 1.769
202509 1.879 324.800 1.910
202512 1.907 324.054 1.943
202603 1.983 330.213 1.983

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 4.46 mean?
ConnectOne Bancorp (FRA:CBM) has a Cyclically Adjusted PS Ratio of 4.46 as of Jul. 29, 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 ConnectOne Bancorp and its competitors. This is near median its historical median of 4.66. Over the past decade, ConnectOne Bancorp's Cyclically Adjusted PS Ratio has ranged from 2.17 to 8.70. According to the industry distribution chart, ConnectOne Bancorp ranks #896 out of 1301 companies in the Banks industry, placing it in the top 68.9%.
Is ConnectOne Bancorp's Cyclically Adjusted PS Ratio too high?
ConnectOne Bancorp's current Cyclically Adjusted PS Ratio of 4.46 is near median its 10-year median of 4.66. Over the past 10 years, this metric has ranged from a low of 2.17 to a high of 8.70. The Banks industry median Cyclically Adjusted PS Ratio is 3.43. ConnectOne Bancorp's value of 4.46 is 30% above this industry median. Based on the distribution chart, ConnectOne Bancorp ranks #896 out of 1301 companies in the Banks industry, which is below the industry midpoint. Overall, ConnectOne Bancorp has a GF Score™ of 21/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ConnectOne Bancorp's Cyclically Adjusted PS Ratio compare to FSUN and QCRH?
According to the Banks industry distribution chart, ConnectOne Bancorp ranks #896 out of 1301 companies for Cyclically Adjusted PS Ratio. This places ConnectOne Bancorp in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.43. ConnectOne Bancorp's value of 4.46 is 30% above this benchmark. Historically, ConnectOne Bancorp's own Cyclically Adjusted PS Ratio has ranged from 2.17 to 8.70 over the past decade. While the company's 10-year median is 4.66 vs. the industry median of 3.43, ConnectOne Bancorp 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 3.43, based on 1,301 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. ConnectOne Bancorp's current Cyclically Adjusted PS Ratio of 4.46 is 30% 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 ConnectOne Bancorp and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ConnectOne Bancorp's current Cyclically Adjusted PS Ratio is 4.46, which is near median its own 10-year median of 4.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ConnectOne Bancorp stock overvalued right now?
Based on GuruFocus' analysis, ConnectOne Bancorp (FRA:CBM) is currently considered Modestly Overvalued. The stock's GF Value™ is €24.68, compared to a current price of €28.80 — trading 16.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.46, which is near median its 10-year median of 4.66 and 30% above the Banks industry median of 3.43. ConnectOne Bancorp's overall GF Score™ is 21/100 with 6 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 ConnectOne Bancorp (FRA:CBM), the current Cyclically Adjusted PS Ratio is 4.46 as of Jul. 29, 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 ConnectOne Bancorp (FRA:CBM) Overvalued in 2026?

Based on GuruFocus' analysis, ConnectOne Bancorp stock appears to be overvalued. The current stock price of €28.80 is trading 16.7% above its estimated GF Value™ of €24.68. GuruFocus considers ConnectOne Bancorp to be Modestly Overvalued.

Key valuation signals for FRA:CBM:

  • Cyclically Adjusted PS Ratio: 4.46 (near median its 10-year median of 4.66)
  • GF Value™: €24.68 vs. price of €28.80 (16.7% above fair value)
  • GF Score™: 21/100 with 6 warning signs
  • Industry Position: 30% above the Banks median (#896 of 1301)

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


ConnectOne Bancorp Business Description

Other Exchanges CNOB:USA
Address 301 Sylvan Avenue, Englewood Cliffs, NJ, USA, 07632
ConnectOne Bancorp Inc is a community-based, full-service New Jersey-chartered commercial bank. Substantially all loans are secured with various types of collateral, including business assets, consumer assets, and commercial/residential real estate. Each borrower's ability to repay its loans is dependent on the conversion of assets, cash flows generated from the borrowers' business, real estate rental, and consumer wages.
21GF Score

Get the complete analysis for FRA:CBM

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

€28.80
Price
€24.68
GF Value