Raiffeisen Bank International AG (FRA:RAW0) 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
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FRA:RAW0 Raiffeisen Bank International AG FRA:RAW0
51 GF Score
Price €15.00
GF Value €4.66
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Raiffeisen Bank International AG Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Raiffeisen Bank International AG  (FRA:RAW0) 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.


Raiffeisen Bank International AG Cyclically Adjusted PS Ratio Related Terms


Raiffeisen Bank International AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Raiffeisen Bank International AG'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.

Raiffeisen Bank International AG Cyclically Adjusted PS Ratio Chart

Raiffeisen Bank International AG 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 1.01 0.57 0.69 0.72 1.41

Raiffeisen Bank International AG 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 0.93 1.04 1.39 1.24 1.88

FRA:RAW0 vs USB: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, Raiffeisen Bank International AG'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.


Raiffeisen Bank International AG Cyclically Adjusted PS Ratio vs Banks Industry

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

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


FRA:RAW0
51GF Score
Raiffeisen Bank International AG FRA:RAW0
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raiffeisen Bank International AG 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.

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

For example, Raiffeisen Bank International AG'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)
=1.974/142.7100*142.7100
=1.974

Current CPI (Jun. 2026) = 142.7100.

Raiffeisen Bank International AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.150 101.192 1.622
201612 1.191 102.092 1.665
201703 1.108 102.592 1.541
201706 1.127 102.991 1.562
201709 1.128 103.591 1.554
201712 1.176 104.291 1.609
201803 1.117 104.491 1.526
201806 1.182 105.091 1.605
201809 1.190 105.691 1.607
201812 1.158 106.291 1.555
201903 1.050 106.391 1.408
201906 1.151 106.791 1.538
201909 1.216 106.991 1.622
201912 1.327 108.091 1.752
202003 1.206 108.024 1.593
202006 1.108 107.915 1.465
202009 1.119 108.348 1.474
202012 1.146 109.321 1.496
202103 1.052 110.186 1.363
202106 1.166 110.943 1.500
202109 1.290 111.916 1.645
202112 1.403 113.971 1.757
202203 1.606 117.647 1.948
202206 1.896 120.567 2.244
202209 2.229 123.811 2.569
202212 2.375 125.541 2.700
202303 2.056 128.460 2.284
202306 1.827 130.191 2.003
202309 1.898 131.272 2.063
202312 1.877 132.570 2.021
202403 1.804 133.759 1.925
202406 1.847 134.083 1.966
202409 1.846 133.651 1.971
202412 1.715 135.273 1.809
202503 1.920 137.760 1.989
202506 1.954 138.517 2.013
202509 1.911 138.950 1.963
202512 1.895 140.350 1.927
202603 1.883 142.160 1.890
202606 1.974 142.710 1.974

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 Raiffeisen Bank International AG (FRA:RAW0) Overvalued in 2026?

Based on GuruFocus' analysis, Raiffeisen Bank International AG stock appears to be overvalued. The current stock price of €15.00 is trading 221.9% above its estimated GF Value™ of €4.66. GuruFocus considers Raiffeisen Bank International AG to be Significantly Overvalued.

Key valuation signals for FRA:RAW0:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €4.66 vs. price of €15.00 (221.9% above fair value)
  • GF Score™: 51/100 with 6 warning signs

No single metric tells the full story. See the FRA:RAW0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Raiffeisen Bank International AG Business Description

Address Am Stadtpark 9, Vienna, AUT, 1030
Raiffeisen Bank International AG is a corporate and investment bank with Central and Eastern Europe (CEE) as its home market. The group also includes financial service providers in leasing, asset management, factoring, and M&A. Its segments are as follows: The Central Europe segment covers the Czech Republic, Hungary, Poland, and Slovakia, offering corporate and retail banking, leasing, asset management, and building society services. Southeastern Europe includes Albania, Bosnia and Herzegovina, Romania, and Serbia, providing banking, leasing, asset management, and pension fund services. Eastern Europe comprises Russia, where RBI serves corporate and private customers and leasing. Ukraine is served through a bank offering full financial services via digital channels and branches.
51GF Score

Get the complete analysis for FRA:RAW0

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

€15.00
Price
€4.66
GF Value