AL Sydbank A/S (FRA:TM2) Cyclically Adjusted PS Ratio: 5.89 (As of Jul. 12, 2026) — 75% Above Median


FRA:TM2 AL Sydbank A/S FRA:TM2
72 GF Score
Price €80.30
GF Value €55.12
Valuation Significantly Overvalued
! 7 Warning Signs
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What is AL Sydbank A/S Cyclically Adjusted PS Ratio?

AL Sydbank A/S FRA:TM2 +0.56% 72 Cyclically Adjusted PS Ratio is 5.89 as of Jul. 12, 2026, which is 75% above its 10-year median of 3.36. GuruFocus rates FRA:TM2 with a GF Score™ of 72/100 and a GF Value™ of €55.12 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,306 Banks companies, AL Sydbank A/S ranks worse than 84.99% on this metric.

As of today (2026-07-12), AL Sydbank A/S's current share price is €80.30. AL Sydbank A/S's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €13.63. AL Sydbank A/S's Cyclically Adjusted PS Ratio for today is 5.89.

The historical rank and industry rank for AL Sydbank A/S's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:TM2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.36   Med: 3.36   Max: 5.87
Current: 5.86

During the past years, AL Sydbank A/S's highest Cyclically Adjusted PS Ratio was 5.87. The lowest was 1.36. And the median was 3.36.

FRA:TM2's Cyclically Adjusted PS Ratio is ranked worse than
84.99% of 1306 companies
in the Banks industry
Industry Median: 3.34 vs FRA:TM2: 5.86

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.

AL Sydbank A/S's adjusted revenue per share data for the three months ended in Mar. 2026 was €4.555. 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 €13.63 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AL Sydbank A/S  (FRA:TM2) 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.


AL Sydbank A/S Cyclically Adjusted PS Ratio Related Terms


AL Sydbank A/S Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for AL Sydbank A/S'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.

AL Sydbank A/S Cyclically Adjusted PS Ratio Chart

AL Sydbank A/S 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 2.97 3.78 3.49 4.12 5.65

AL Sydbank A/S 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 4.56 4.86 5.15 5.65 5.00

AL Sydbank A/S Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, AL Sydbank A/S'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.


AL Sydbank A/S Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, AL Sydbank A/S's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where AL Sydbank A/S's Cyclically Adjusted PS Ratio falls into.


FRA:TM2
72GF Score
AL Sydbank A/S FRA:TM2
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AL Sydbank A/S 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.

AL Sydbank A/S's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=80.30/13.63
=5.89

* 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.

AL Sydbank A/S's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, AL Sydbank A/S'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)
=4.555/121.6800*121.6800
=4.555

Current CPI (Mar. 2026) = 121.6800.

AL Sydbank A/S Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.258 100.600 2.731
201609 2.193 100.200 2.663
201612 2.300 100.300 2.790
201703 2.502 101.200 3.008
201706 2.236 101.200 2.689
201709 2.151 101.800 2.571
201712 2.149 101.300 2.581
201803 2.433 101.700 2.911
201806 1.951 102.300 2.321
201809 2.131 102.400 2.532
201812 1.910 102.100 2.276
201903 2.156 102.900 2.549
201906 2.045 102.900 2.418
201909 2.174 102.900 2.571
201912 2.150 102.900 2.542
202003 2.008 103.300 2.365
202006 2.324 103.200 2.740
202009 2.207 103.500 2.595
202012 2.349 103.400 2.764
202103 2.626 104.300 3.064
202106 2.626 105.000 3.043
202109 2.566 105.800 2.951
202112 2.996 106.600 3.420
202203 3.051 109.900 3.378
202206 2.680 113.600 2.871
202209 2.994 116.400 3.130
202212 3.854 115.900 4.046
202303 4.235 117.300 4.393
202306 4.335 116.400 4.532
202309 4.592 117.400 4.759
202312 5.179 116.700 5.400
202403 4.827 118.400 4.961
202406 4.639 118.500 4.763
202409 4.815 118.900 4.928
202412 4.718 118.900 4.828
202503 4.651 120.200 4.708
202506 4.559 120.700 4.596
202509 4.750 121.600 4.753
202512 5.234 121.200 5.255
202603 4.555 121.680 4.555

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 5.89 mean?
AL Sydbank A/S (FRA:TM2) has a Cyclically Adjusted PS Ratio of 5.89 as of Jul. 12, 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 AL Sydbank A/S and its competitors. This is 75% above median its historical median of 3.36. Over the past decade, AL Sydbank A/S's Cyclically Adjusted PS Ratio has ranged from 1.36 to 5.87. According to the industry distribution chart, AL Sydbank A/S ranks #1110 out of 1306 companies in the Banks industry, placing it in the top 85%.
Is AL Sydbank A/S's Cyclically Adjusted PS Ratio too high?
AL Sydbank A/S's current Cyclically Adjusted PS Ratio of 5.89 is 75% above median its 10-year median of 3.36. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 5.87. The Banks industry median Cyclically Adjusted PS Ratio is 3.34. AL Sydbank A/S's value of 5.89 is 76.3% above this industry median. Based on the distribution chart, AL Sydbank A/S ranks #1110 out of 1306 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, AL Sydbank A/S has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AL Sydbank A/S's Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, AL Sydbank A/S ranks #1110 out of 1306 companies for Cyclically Adjusted PS Ratio. This places AL Sydbank A/S in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.34. AL Sydbank A/S's value of 5.89 is 76.3% above this benchmark. Historically, AL Sydbank A/S's own Cyclically Adjusted PS Ratio has ranged from 1.36 to 5.87 over the past decade. While the company's 10-year median is 3.36 vs. the industry median of 3.34, AL Sydbank A/S 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 3.34, based on 1,306 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. AL Sydbank A/S's current Cyclically Adjusted PS Ratio of 5.89 is 76.3% 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 AL Sydbank A/S and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AL Sydbank A/S's current Cyclically Adjusted PS Ratio is 5.89, which is 75% above median its own 10-year median of 3.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AL Sydbank A/S stock overvalued right now?
Based on GuruFocus' analysis, AL Sydbank A/S (FRA:TM2) is currently considered Significantly Overvalued. The stock's GF Value™ is €55.12, compared to a current price of €80.30 — trading 45.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.89, which is 75% above median its 10-year median of 3.36 and 76.3% above the Banks industry median of 3.34. AL Sydbank A/S's overall GF Score™ is 72/100 with 7 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 AL Sydbank A/S (FRA:TM2), the current Cyclically Adjusted PS Ratio is 5.89 as of Jul. 12, 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 AL Sydbank A/S (FRA:TM2) Overvalued in 2026?

Based on GuruFocus' analysis, AL Sydbank A/S stock appears to be overvalued. The current stock price of €80.30 is trading 45.7% above its estimated GF Value™ of €55.12. GuruFocus considers AL Sydbank A/S to be Significantly Overvalued.

Key valuation signals for FRA:TM2:

  • Cyclically Adjusted PS Ratio: 5.89 (75% above median its 10-year median of 3.36)
  • GF Value™: €55.12 vs. price of €80.30 (45.7% above fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 76.3% above the Banks median (#1110 of 1306)

No single metric tells the full story. See the FRA:TM2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AL Sydbank A/S Business Description

Address Peberlyk 4, Aabenraa, DNK, 6200
AL Sydbank A/S is a Danish bank operating in Denmark and with some exposure to Northern Germany. The bank operates through five business segments: Banking, Asset Management, Sydbank Markets, Treasury, and Others. The bank provides various banking and financial advisory services such as mortgage credit, retail banking, investment banking, corporate banking, international banking, and asset management. A vast majority of Sydbank's net revenue is derived from its banking segment, which includes net interest and fee income from retail and corporate clients. The company earns the majority of its revenue in Denmark.
72GF Score

Get the complete analysis for FRA:TM2

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

€80.30
Price
€55.12
GF Value