Stock Yards Bancorp (FRA:S4Y) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:S4Y Stock Yards Bancorp Inc FRA:S4Y
72 GF Score
Price €68.50
GF Value €64.68
! 6 Warning Signs
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What is Stock Yards Bancorp Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Stock Yards Bancorp  (FRA:S4Y) 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.


Stock Yards Bancorp Cyclically Adjusted PS Ratio Related Terms


Stock Yards Bancorp Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Stock Yards 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.

Stock Yards Bancorp Cyclically Adjusted PS Ratio Chart

Stock Yards 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 8.82 8.40 5.77 7.71 5.76

Stock Yards 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 7.19 6.21 5.73 5.71 6.51

FRA:S4Y vs BUSE, MBIN, BANR: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, Stock Yards 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.


Stock Yards Bancorp Cyclically Adjusted PS Ratio vs Banks Industry

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

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


FRA:S4Y
72GF Score
Stock Yards Bancorp Inc FRA:S4Y
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Stock Yards 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.

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

For example, Stock Yards Bancorp'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)
=3.224/333.9520*333.9520
=3.224

Current CPI (Jun. 2026) = 333.9520.

Stock Yards Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.419 241.428 1.963
201612 1.487 241.432 2.057
201703 1.461 243.801 2.001
201706 1.453 244.955 1.981
201709 1.377 246.819 1.863
201712 1.420 246.524 1.924
201803 1.356 249.554 1.815
201806 1.465 251.989 1.942
201809 1.495 252.439 1.978
201812 1.587 251.233 2.110
201903 1.562 254.202 2.052
201906 1.669 256.143 2.176
201909 1.789 256.759 2.327
201912 1.815 256.974 2.359
202003 1.796 258.115 2.324
202006 1.843 257.797 2.387
202009 1.755 260.280 2.252
202012 1.838 260.474 2.356
202103 1.876 264.877 2.365
202106 1.954 271.696 2.402
202109 2.003 274.310 2.439
202112 2.115 278.802 2.533
202203 2.187 287.504 2.540
202206 2.522 296.311 2.842
202209 2.838 296.808 3.193
202212 2.875 296.797 3.235
202303 2.691 301.836 2.977
202306 2.630 305.109 2.879
202309 2.631 307.789 2.855
202312 2.748 306.746 2.992
202403 2.605 312.332 2.785
202406 2.709 314.175 2.880
202409 2.782 315.301 2.947
202412 2.969 315.605 3.142
202503 3.006 319.799 3.139
202506 2.930 322.561 3.033
202509 2.944 324.800 3.027
202512 3.046 324.054 3.139
202603 2.968 330.213 3.002
202606 3.224 333.952 3.224

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 Stock Yards Bancorp (FRA:S4Y) Overvalued in 2026?

Based on GuruFocus' analysis, Stock Yards Bancorp stock appears to be overvalued. The current stock price of €68.50 is trading 5.9% above its estimated GF Value™ of €64.68.

Key valuation signals for FRA:S4Y:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €64.68 vs. price of €68.50 (5.9% above fair value)
  • GF Score™: 72/100 with 6 warning signs

No single metric tells the full story. See the FRA:S4Y stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Stock Yards Bancorp Business Description

Other Exchanges SYBT:USA
Address 1040 East Main Street, Louisville, KY, USA, 40206
Stock Yards Bancorp Inc operates as a bank holding company providing commercial banking and wealth management services. Its Commercial Banking segment offers loan and deposit products to consumers and businesses, including retail and mortgage lending, deposit services, online and mobile banking, private banking, commercial and real estate lending, treasury and merchant services, international and correspondent banking, credit cards, and brokerage services through a third-party broker-dealer. Its Wealth Management and Trust (WM&T) segment provides investment management, financial and retirement planning, trust and estate services, and retirement plan management, with WM&T revenue distinguishing the company from similarly sized community banks.
72GF Score

Get the complete analysis for FRA:S4Y

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

€68.50
Price
€64.68
GF Value