Standard Chartered (FRA:STD0) Cyclically Adjusted PS Ratio: 4.05 (As of Jul. 27, 2026) — 161% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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:STD0 Standard Chartered PLC FRA:STD0
66 GF Score
Price €47.80
GF Value €25.75
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Standard Chartered Cyclically Adjusted PS Ratio?

Standard Chartered FRA:STD0 -0.83% 66 Cyclically Adjusted PS Ratio is 4.05 as of Jul. 27, 2026, which is 161% above its 10-year median of 1.55. GuruFocus rates FRA:STD0 with a GF Score™ of 66/100 and a GF Value™ of €25.75 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,302 Banks companies, Standard Chartered ranks worse than 61.6% on this metric.

As of today (2026-07-27), Standard Chartered's current share price is €47.80. Standard Chartered's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €11.81. Standard Chartered's Cyclically Adjusted PS Ratio for today is 4.05.

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

FRA:STD0' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.55   Max: 3.98
Current: 3.98

During the past years, Standard Chartered's highest Cyclically Adjusted PS Ratio was 3.98. The lowest was 0.89. And the median was 1.55.

FRA:STD0's Cyclically Adjusted PS Ratio is ranked worse than
61.6% of 1302 companies
in the Banks industry
Industry Median: 3.41 vs FRA:STD0: 3.98

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.

Standard Chartered's adjusted revenue per share data for the three months ended in Mar. 2026 was €4.430. 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 €11.81 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Standard Chartered  (FRA:STD0) 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.


Standard Chartered Cyclically Adjusted PS Ratio Related Terms


Standard Chartered Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Standard Chartered'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.

Standard Chartered Cyclically Adjusted PS Ratio Chart

Standard Chartered 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 1.21 1.49 1.49 2.03 3.47

Standard Chartered Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.28 2.36 2.76 3.47 2.89

FRA:STD0 vs JPM, BAC, WFC: Cyclically Adjusted PS Ratio Comparison

For the Banks - Diversified subindustry, Standard Chartered'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.


Standard Chartered Cyclically Adjusted PS Ratio vs Banks Industry

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

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


FRA:STD0
66GF Score
Standard Chartered PLC FRA:STD0
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Standard Chartered 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.

Standard Chartered's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=47.80/11.81
=4.05

* 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.

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

For example, Standard Chartered'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)
=4.43/140.8000*140.8000
=4.430

Current CPI (Mar. 2026) = 140.8000.

Standard Chartered Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.000 99.200 0.000
201406 0.000 99.800 0.000
201412 0.000 99.900 0.000
201506 0.000 100.100 0.000
201512 0.000 100.400 0.000
201606 0.000 101.000 0.000
201612 0.000 102.200 0.000
201706 0.000 103.500 0.000
201712 0.000 105.000 0.000
201806 0.000 105.900 0.000
201812 0.000 107.100 0.000
201903 2.073 107.000 2.728
201906 2.054 107.900 2.680
201909 2.232 108.400 2.899
201912 1.976 108.500 2.564
202003 2.438 108.600 3.161
202006 2.080 108.800 2.692
202009 1.880 109.200 2.424
202012 1.703 109.400 2.192
202103 2.068 109.700 2.654
202106 1.917 111.400 2.423
202109 2.046 112.400 2.563
202112 1.842 114.700 2.261
202203 2.516 116.500 3.041
202206 2.445 120.500 2.857
202209 2.906 122.300 3.346
202212 2.313 125.300 2.599
202303 2.885 126.800 3.204
202306 2.954 129.400 3.214
202309 2.989 130.100 3.235
202312 2.562 130.500 2.764
202403 3.506 131.600 3.751
202406 3.420 133.000 3.621
202409 3.293 133.500 3.473
202412 4.040 135.100 4.210
202503 4.039 136.100 4.178
202506 3.769 138.400 3.834
202509 3.846 138.900 3.899
202512 3.298 139.900 3.319
202603 4.430 140.800 4.430

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 4.05 mean?
Standard Chartered (FRA:STD0) has a Cyclically Adjusted PS Ratio of 4.05 as of Jul. 27, 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 Standard Chartered and its competitors. This is 161% above median its historical median of 1.55. Over the past decade, Standard Chartered's Cyclically Adjusted PS Ratio has ranged from 0.89 to 3.98. According to the industry distribution chart, Standard Chartered ranks #802 out of 1302 companies in the Banks industry, placing it in the top 61.6%.
Is Standard Chartered's Cyclically Adjusted PS Ratio too high?
Standard Chartered's current Cyclically Adjusted PS Ratio of 4.05 is 161% above median its 10-year median of 1.55. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 3.98. The Banks industry median Cyclically Adjusted PS Ratio is 3.41. Standard Chartered's value of 4.05 is 18.8% above this industry median. Based on the distribution chart, Standard Chartered ranks #802 out of 1302 companies in the Banks industry, which is below the industry midpoint. Overall, Standard Chartered has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Standard Chartered's Cyclically Adjusted PS Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, Standard Chartered ranks #802 out of 1302 companies for Cyclically Adjusted PS Ratio. This places Standard Chartered in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.41. Standard Chartered's value of 4.05 is 18.8% above this benchmark. Historically, Standard Chartered's own Cyclically Adjusted PS Ratio has ranged from 0.89 to 3.98 over the past decade. While the company's 10-year median is 1.55 vs. the industry median of 3.41, Standard Chartered 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 3.41, based on 1,302 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. Standard Chartered's current Cyclically Adjusted PS Ratio of 4.05 is 18.8% 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 Standard Chartered and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Standard Chartered's current Cyclically Adjusted PS Ratio is 4.05, which is 161% above median its own 10-year median of 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Standard Chartered stock overvalued right now?
Based on GuruFocus' analysis, Standard Chartered (FRA:STD0) is currently considered Significantly Overvalued. The stock's GF Value™ is €25.75, compared to a current price of €47.80 — trading 85.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.05, which is 161% above median its 10-year median of 1.55 and 18.8% above the Banks industry median of 3.41. Standard Chartered's overall GF Score™ is 66/100 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 Standard Chartered (FRA:STD0), the current Cyclically Adjusted PS Ratio is 4.05 as of Jul. 27, 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 Standard Chartered (FRA:STD0) Overvalued in 2026?

Based on GuruFocus' analysis, Standard Chartered stock appears to be overvalued. The current stock price of €47.80 is trading 85.6% above its estimated GF Value™ of €25.75. GuruFocus considers Standard Chartered to be Significantly Overvalued.

Key valuation signals for FRA:STD0:

  • Cyclically Adjusted PS Ratio: 4.05 (161% above median its 10-year median of 1.55)
  • GF Value™: €25.75 vs. price of €47.80 (85.6% above fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 18.8% above the Banks median (#802 of 1302)

No single metric tells the full story. See the FRA:STD0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Standard Chartered Business Description

Address 1 Basinghall Avenue, London, GBR, EC2V 5DD
Standard Chartered Bank was established in 1853 by Royal Charter in the United Kingdom, with holding company Standard Chartered PLC incorporated in 1969. The bank is domiciled in the United Kingdom, and provides banking services across over 50 countries and territories, primarily in Asia, Africa, the Middle East, and the UK. The bulk of the business is in corporate and transaction banking, financial markets, and corporate finance. The bank has strong retail franchises focusing on the affluent segment in Hong Kong, Singapore, and certain countries in Africa. The bank has also launched a ventures division to focus on financial technology, including digital banks in Hong Kong and Singapore, online payment, and digital assets.
66GF Score

Get the complete analysis for FRA:STD0

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

€47.80
Price
€25.75
GF Value