Komercni Banka AS (FRA:KONN) Cyclically Adjusted PS Ratio: 4.88 (As of Aug. 08, 2026) — 27% Above Median

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FRA:KONN Komercni Banka AS FRA:KONN
59 GF Score
Price €43.20
GF Value €39.13
Valuation Fairly Valued
! 5 Warning Signs
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What is Komercni Banka AS Cyclically Adjusted PS Ratio?

Komercni Banka AS FRA:KONN 59 Cyclically Adjusted PS Ratio is 4.88 as of Aug. 08, 2026, which is 27% above its 10-year median of 3.85. GuruFocus rates FRA:KONN with a GF Score™ of 59/100 and a GF Value™ of €39.13 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,298 Banks companies, Komercni Banka AS ranks worse than 76.04% on this metric.

As of today (2026-08-08), Komercni Banka AS's current share price is €43.20. Komercni Banka AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €8.86. Komercni Banka AS's Cyclically Adjusted PS Ratio for today is 4.88.

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

FRA:KONN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.62   Med: 3.85   Max: 5.87
Current: 4.84

During the past years, Komercni Banka AS's highest Cyclically Adjusted PS Ratio was 5.87. The lowest was 2.62. And the median was 3.85.

FRA:KONN's Cyclically Adjusted PS Ratio is ranked worse than
76.04% of 1298 companies
in the Banks industry
Industry Median: 3.42 vs FRA:KONN: 4.84

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.

Komercni Banka AS's adjusted revenue per share data for the three months ended in Jun. 2026 was €2.047. 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 €8.86 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Komercni Banka AS  (FRA:KONN) 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.


Komercni Banka AS Cyclically Adjusted PS Ratio Related Terms


Komercni Banka AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Komercni Banka AS'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.

Komercni Banka AS Cyclically Adjusted PS Ratio Chart

Komercni Banka AS 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 4.94 3.28 3.55 4.06 5.48

Komercni Banka AS 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 4.78 4.87 5.48 5.01 4.50

FRA:KONN vs PNC, USB: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, Komercni Banka AS'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.


Komercni Banka AS Cyclically Adjusted PS Ratio vs Banks Industry

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

* The bar in red indicates where Komercni Banka AS's Cyclically Adjusted PS Ratio falls into.


FRA:KONN
59GF Score
Komercni Banka AS FRA:KONN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Komercni Banka AS 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.

Komercni Banka AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=43.20/8.86
=4.88

* 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.

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

For example, Komercni Banka AS'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)
=2.047/333.9520*333.9520
=2.047

Current CPI (Jun. 2026) = 333.9520.

Komercni Banka AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.508 241.428 2.086
201612 1.520 241.432 2.102
201703 1.531 243.801 2.097
201706 1.797 244.955 2.450
201709 1.526 246.819 2.065
201712 1.639 246.524 2.220
201803 1.577 249.554 2.110
201806 1.610 251.989 2.134
201809 1.722 252.439 2.278
201812 1.732 251.233 2.302
201903 1.641 254.202 2.156
201906 1.701 256.143 2.218
201909 1.691 256.759 2.199
201912 1.683 256.974 2.187
202003 1.566 258.115 2.026
202006 1.433 257.797 1.856
202009 1.438 260.280 1.845
202012 1.467 260.474 1.881
202103 1.501 264.877 1.892
202106 1.540 271.696 1.893
202109 1.633 274.310 1.988
202112 1.817 278.802 2.176
202203 2.000 287.504 2.323
202206 2.107 296.311 2.375
202209 2.123 296.808 2.389
202212 2.061 296.797 2.319
202303 2.002 301.836 2.215
202306 2.043 305.109 2.236
202309 1.934 307.789 2.098
202312 1.971 306.746 2.146
202403 1.841 312.332 1.968
202406 1.863 314.175 1.980
202409 2.445 315.301 2.590
202412 2.111 315.605 2.234
202503 1.937 319.799 2.023
202506 1.926 322.561 1.994
202509 2.029 324.800 2.086
202512 2.025 324.054 2.087
202603 1.979 330.213 2.001
202606 2.047 333.952 2.047

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 4.88 mean?
Komercni Banka AS (FRA:KONN) has a Cyclically Adjusted PS Ratio of 4.88 as of Aug. 08, 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 Komercni Banka AS and its competitors. This is 27% above median its historical median of 3.85. Over the past decade, Komercni Banka AS's Cyclically Adjusted PS Ratio has ranged from 2.62 to 5.87. According to the industry distribution chart, Komercni Banka AS ranks #987 out of 1298 companies in the Banks industry, placing it in the top 76%.
Is Komercni Banka AS's Cyclically Adjusted PS Ratio too high?
Komercni Banka AS's current Cyclically Adjusted PS Ratio of 4.88 is 27% above median its 10-year median of 3.85. Over the past 10 years, this metric has ranged from a low of 2.62 to a high of 5.87. The Banks industry median Cyclically Adjusted PS Ratio is 3.42. Komercni Banka AS's value of 4.88 is 42.7% above this industry median. Based on the distribution chart, Komercni Banka AS ranks #987 out of 1298 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Komercni Banka AS has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Komercni Banka AS's Cyclically Adjusted PS Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Komercni Banka AS ranks #987 out of 1298 companies for Cyclically Adjusted PS Ratio. This places Komercni Banka AS in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.42. Komercni Banka AS's value of 4.88 is 42.7% above this benchmark. Historically, Komercni Banka AS's own Cyclically Adjusted PS Ratio has ranged from 2.62 to 5.87 over the past decade. While the company's 10-year median is 3.85 vs. the industry median of 3.42, Komercni Banka AS 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 3.42, based on 1,298 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. Komercni Banka AS's current Cyclically Adjusted PS Ratio of 4.88 is 42.7% 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 Komercni Banka AS and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Komercni Banka AS's current Cyclically Adjusted PS Ratio is 4.88, which is 27% above median its own 10-year median of 3.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Komercni Banka AS stock overvalued right now?
Based on GuruFocus' analysis, Komercni Banka AS (FRA:KONN) is currently considered Fairly Valued. The stock's GF Value™ is €39.13, compared to a current price of €43.20 — trading 10.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.88, which is 27% above median its 10-year median of 3.85 and 42.7% above the Banks industry median of 3.42. Komercni Banka AS's overall GF Score™ is 59/100 with 5 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 Komercni Banka AS (FRA:KONN), the current Cyclically Adjusted PS Ratio is 4.88 as of Aug. 08, 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 Komercni Banka AS (FRA:KONN) Overvalued in 2026?

Based on GuruFocus' analysis, Komercni Banka AS stock appears to be overvalued. The current stock price of €43.20 is trading 10.4% above its estimated GF Value™ of €39.13. GuruFocus considers Komercni Banka AS to be Fairly Valued.

Key valuation signals for FRA:KONN:

  • Cyclically Adjusted PS Ratio: 4.88 (27% above median its 10-year median of 3.85)
  • GF Value™: €39.13 vs. price of €43.20 (10.4% above fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 42.7% above the Banks median (#987 of 1298)

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


Komercni Banka AS Business Description

Other Exchanges KOMB:Czech Republic
Address Na Prikope 33 cp. 969, P.O. BOX 839, Prague 1, CZE, 114 07
Komercni Banka AS is a universal bank providing a wide range of retail, corporate, and investment banking activities. These activities are complemented by other specialized services, including pension insurance, building savings, leasing, factoring, consumer loans, insurance, and services of fintech companies. The Group has the following operating segments: i) Retail Banking: includes the provision of products and services to individuals, ii) Corporate Banking: includes the provision of products and services to corporate entities, iii) Investment Banking: involves trading in financial instruments; and iv) Other: consists of the head office of the Bank. The majority of the revenue is derived from the Retail banking segment.
59GF Score

Get the complete analysis for FRA:KONN

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

€43.20
Price
€39.13
GF Value