EQB (FRA:V22) Cyclically Adjusted PS Ratio: 6.06 (As of Jul. 23, 2026) — 23% Above Median

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FRA:V22 EQB Inc FRA:V22
84 GF Score
Price €86.00
GF Value €71.05
Valuation Modestly Overvalued
! 7 Warning Signs
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What is EQB Cyclically Adjusted PS Ratio?

EQB FRA:V22 -1.15% 84 Cyclically Adjusted PS Ratio is 6.06 as of Jul. 23, 2026, which is 23% above its 10-year median of 4.94. GuruFocus rates FRA:V22 with a GF Score™ of 84/100 and a GF Value™ of €71.05 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,299 Banks companies, EQB ranks worse than 86.14% on this metric.

As of today (2026-07-23), EQB's current share price is €86.00. EQB's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was €14.20. EQB's Cyclically Adjusted PS Ratio for today is 6.06.

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

FRA:V22' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.79   Med: 4.94   Max: 7.37
Current: 6.1

During the past years, EQB's highest Cyclically Adjusted PS Ratio was 7.37. The lowest was 2.79. And the median was 4.94.

FRA:V22's Cyclically Adjusted PS Ratio is ranked worse than
86.14% of 1299 companies
in the Banks industry
Industry Median: 3.37 vs FRA:V22: 6.10

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.

EQB's adjusted revenue per share data for the three months ended in Apr. 2026 was €5.213. 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 €14.20 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


EQB  (FRA:V22) 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.


EQB Cyclically Adjusted PS Ratio Related Terms


EQB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for EQB'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.

EQB Cyclically Adjusted PS Ratio Chart

EQB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Oct24 Oct25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.08 5.86 4.04 5.79 4.17

EQB Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 4.81 5.01 4.17 4.84 5.39

FRA:V22 vs PNC, USB: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, EQB'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.


EQB Cyclically Adjusted PS Ratio vs Banks Industry

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

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


FRA:V22
84GF Score
EQB Inc FRA:V22
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EQB 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.

EQB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=86.00/14.20
=6.06

* 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.

EQB's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, EQB's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=5.213/132.7364*132.7364
=5.213

Current CPI (Apr. 2026) = 132.7364.

EQB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 1.458 101.054 1.915
201606 1.613 102.002 2.099
201609 1.683 101.765 2.195
201612 1.960 101.449 2.564
201703 1.879 102.634 2.430
201706 1.771 103.029 2.282
201709 1.735 103.345 2.228
201712 1.755 103.345 2.254
201803 1.682 105.004 2.126
201806 1.752 105.557 2.203
201809 2.043 105.636 2.567
201812 1.847 105.399 2.326
201903 2.224 106.979 2.759
201906 2.438 107.690 3.005
201909 2.591 107.611 3.196
201912 2.692 107.769 3.316
202003 2.382 107.927 2.930
202006 2.555 108.401 3.129
202009 2.818 108.164 3.458
202012 2.866 108.559 3.504
202103 2.925 110.298 3.520
202106 3.126 111.720 3.714
202109 3.154 112.905 3.708
202112 3.440 113.774 4.013
202203 3.867 117.646 4.363
202206 3.527 120.806 3.875
202209 4.324 120.648 4.757
202212 4.396 120.964 4.824
202303 4.810 122.702 5.203
202306 5.724 124.203 6.117
202401 5.329 125.072 5.656
202404 5.593 126.890 5.851
202407 5.704 128.075 5.912
202410 5.390 127.838 5.597
202501 5.585 127.443 5.817
202504 5.202 129.102 5.348
202507 4.987 130.290 5.081
202510 6.706 130.603 6.816
202601 5.060 130.366 5.152
202604 5.213 132.736 5.213

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 6.06 mean?
EQB (FRA:V22) has a Cyclically Adjusted PS Ratio of 6.06 as of Jul. 23, 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 EQB and its competitors. This is 23% above median its historical median of 4.94. Over the past decade, EQB's Cyclically Adjusted PS Ratio has ranged from 2.79 to 7.37. According to the industry distribution chart, EQB ranks #1119 out of 1299 companies in the Banks industry, placing it in the top 86.1%.
Is EQB's Cyclically Adjusted PS Ratio too high?
EQB's current Cyclically Adjusted PS Ratio of 6.06 is 23% above median its 10-year median of 4.94. Over the past 10 years, this metric has ranged from a low of 2.79 to a high of 7.37. The Banks industry median Cyclically Adjusted PS Ratio is 3.37. EQB's value of 6.06 is 79.8% above this industry median. Based on the distribution chart, EQB ranks #1119 out of 1299 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, EQB has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does EQB's Cyclically Adjusted PS Ratio compare to PNC and USB?
According to the Banks industry distribution chart, EQB ranks #1119 out of 1299 companies for Cyclically Adjusted PS Ratio. This places EQB in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.37. EQB's value of 6.06 is 79.8% above this benchmark. Historically, EQB's own Cyclically Adjusted PS Ratio has ranged from 2.79 to 7.37 over the past decade. While the company's 10-year median is 4.94 vs. the industry median of 3.37, EQB 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 3.37, based on 1,299 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. EQB's current Cyclically Adjusted PS Ratio of 6.06 is 79.8% 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 EQB and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EQB's current Cyclically Adjusted PS Ratio is 6.06, which is 23% above median its own 10-year median of 4.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EQB stock overvalued right now?
Based on GuruFocus' analysis, EQB (FRA:V22) is currently considered Modestly Overvalued. The stock's GF Value™ is €71.05, compared to a current price of €86.00 — trading 21% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.06, which is 23% above median its 10-year median of 4.94 and 79.8% above the Banks industry median of 3.37. EQB's overall GF Score™ is 84/100 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 EQB (FRA:V22), the current Cyclically Adjusted PS Ratio is 6.06 as of Jul. 23, 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 EQB (FRA:V22) Overvalued in 2026?

Based on GuruFocus' analysis, EQB stock appears to be overvalued. The current stock price of €86.00 is trading 21% above its estimated GF Value™ of €71.05. GuruFocus considers EQB to be Modestly Overvalued.

Key valuation signals for FRA:V22:

  • Cyclically Adjusted PS Ratio: 6.06 (23% above median its 10-year median of 4.94)
  • GF Value™: €71.05 vs. price of €86.00 (21% above fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 79.8% above the Banks median (#1119 of 1299)

No single metric tells the full story. See the FRA:V22 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


EQB Business Description

Other Exchanges EQGPF:USAEQB:Canada
Address 25 Ontario Street, Suite 2200, Toronto, ON, CAN, M5A 0Y9
EQB Inc operates through its wholly owned subsidiary, Equitable Bank, Canada's Challenger BankTM. It serves Canadians through two business lines, Personal Banking and Business Banking. The company differentiates by providing a host of challenger bank deposit services, alternative single-family lending, reverse mortgage lending, insurance lending, Specialized finance, Commercial finance group, Equipment financing, credit union services and trust services.
84GF Score

Get the complete analysis for FRA:V22

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

€86.00
Price
€71.05
GF Value