Baader Bank Aktiengesellschaft (HAM:BWB) Cyclically Adjusted PS Ratio: 1.71 (As of Jul. 21, 2026) — 54% Above Median

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HAM:BWB Baader Bank Aktiengesellschaft HAM:BWB
65 GF Score
Price €6.72
GF Value €5.16
! 5 Warning Signs
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What is Baader Bank Aktiengesellschaft Cyclically Adjusted PS Ratio?

Baader Bank Aktiengesellschaft HAM:BWB 65 Cyclically Adjusted PS Ratio is 1.71 as of Jul. 21, 2026, which is 54% above its 10-year median of 1.11. GuruFocus rates HAM:BWB with a GF Score™ of 65/100 and a GF Value™ of €5.16. The stock has 5 warning signs investors should review. Among 606 Capital Markets companies, Baader Bank Aktiengesellschaft ranks better than 68.32% on this metric.

As of today (2026-07-21), Baader Bank Aktiengesellschaft's current share price is €6.72. Baader Bank Aktiengesellschaft's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was €3.93. Baader Bank Aktiengesellschaft's Cyclically Adjusted PS Ratio for today is 1.71.

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

HAM:BWB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.11   Max: 3.8
Current: 1.64

During the past 13 years, Baader Bank Aktiengesellschaft's highest Cyclically Adjusted PS Ratio was 3.80. The lowest was 0.42. And the median was 1.11.

HAM:BWB's Cyclically Adjusted PS Ratio is ranked better than
68.32% of 606 companies
in the Capital Markets industry
Industry Median: 3.32 vs HAM:BWB: 1.64

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.

Baader Bank Aktiengesellschaft's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €6.553. 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 €3.93 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Baader Bank Aktiengesellschaft  (HAM:BWB) 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.


Baader Bank Aktiengesellschaft Cyclically Adjusted PS Ratio Related Terms


Baader Bank Aktiengesellschaft Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Baader Bank Aktiengesellschaft'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.

Baader Bank Aktiengesellschaft Cyclically Adjusted PS Ratio Chart

Baader Bank Aktiengesellschaft 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 2.25 1.32 0.99 1.09 1.57

Baader Bank Aktiengesellschaft Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.99 0.00 1.09 0.00 1.57

HAM:BWB vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, Baader Bank Aktiengesellschaft'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.


Baader Bank Aktiengesellschaft Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Baader Bank Aktiengesellschaft's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


HAM:BWB
65GF Score
Baader Bank Aktiengesellschaft HAM:BWB
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Baader Bank Aktiengesellschaft 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.

Baader Bank Aktiengesellschaft's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.72/3.93
=1.71

* 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.

Baader Bank Aktiengesellschaft's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Baader Bank Aktiengesellschaft's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=6.553/129.3606*129.3606
=6.553

Current CPI (Dec25) = 129.3606.

Baader Bank Aktiengesellschaft Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 2.152 101.217 2.750
201712 2.634 102.617 3.320
201812 2.131 104.217 2.645
201912 2.036 105.818 2.489
202012 4.618 105.518 5.661
202112 4.588 110.384 5.377
202212 3.271 119.345 3.546
202312 3.501 123.773 3.659
202412 5.075 127.041 5.168
202512 6.553 129.361 6.553

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 1.71 mean?
Baader Bank Aktiengesellschaft (HAM:BWB) has a Cyclically Adjusted PS Ratio of 1.71 as of Jul. 21, 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 Baader Bank Aktiengesellschaft and its competitors. This is 54% above median its historical median of 1.11. Over the past decade, Baader Bank Aktiengesellschaft's Cyclically Adjusted PS Ratio has ranged from 0.42 to 3.80. According to the industry distribution chart, Baader Bank Aktiengesellschaft ranks #192 out of 606 companies in the Capital Markets industry, placing it in the top 31.7%.
Is Baader Bank Aktiengesellschaft's Cyclically Adjusted PS Ratio too high?
Baader Bank Aktiengesellschaft's current Cyclically Adjusted PS Ratio of 1.71 is 54% above median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 3.80. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.32. Baader Bank Aktiengesellschaft's value of 1.71 is 48.5% below this industry median. Based on the distribution chart, Baader Bank Aktiengesellschaft ranks #192 out of 606 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Baader Bank Aktiengesellschaft has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Baader Bank Aktiengesellschaft's Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Baader Bank Aktiengesellschaft ranks #192 out of 606 companies for Cyclically Adjusted PS Ratio. This puts Baader Bank Aktiengesellschaft in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.32. Baader Bank Aktiengesellschaft's value of 1.71 is 48.5% below this benchmark. Historically, Baader Bank Aktiengesellschaft's own Cyclically Adjusted PS Ratio has ranged from 0.42 to 3.80 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 3.32, Baader Bank Aktiengesellschaft has consistently been below 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 Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.32, based on 606 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. Baader Bank Aktiengesellschaft's current Cyclically Adjusted PS Ratio of 1.71 is 48.5% below 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 Baader Bank Aktiengesellschaft and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baader Bank Aktiengesellschaft's current Cyclically Adjusted PS Ratio is 1.71, which is 54% above median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baader Bank Aktiengesellschaft stock overvalued right now?
Baader Bank Aktiengesellschaft (HAM:BWB) has a current Cyclically Adjusted PS Ratio of 1.71. The stock's GF Value™ is €5.16, compared to a current price of €6.72 — trading 30.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.71, which is 54% above median its 10-year median of 1.11 and 48.5% below the Capital Markets industry median of 3.32. Baader Bank Aktiengesellschaft's overall GF Score™ is 65/100 with 5 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 Baader Bank Aktiengesellschaft (HAM:BWB), the current Cyclically Adjusted PS Ratio is 1.71 as of Jul. 21, 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 Baader Bank Aktiengesellschaft (HAM:BWB) Overvalued in 2026?

Based on GuruFocus' analysis, Baader Bank Aktiengesellschaft stock appears to be overvalued. The current stock price of €6.72 is trading 30.2% above its estimated GF Value™ of €5.16.

Key valuation signals for HAM:BWB:

  • Cyclically Adjusted PS Ratio: 1.71 (54% above median its 10-year median of 1.11)
  • GF Value™: €5.16 vs. price of €6.72 (30.2% above fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 48.5% below the Capital Markets median (#192 of 606)

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


Baader Bank Aktiengesellschaft Business Description

Other Exchanges BWB:Germany
Address Weihenstephaner Strasse 4, Unterschleissheim, BY, DEU, 85716
Baader Bank Aktiengesellschaft is an independent, family-owned European bank for securities and banking services. The Group offers a distinctive trading and banking setup on a powerful platform, providing outstanding services in various segments such as Market Making, Capital Markets, Research Services, Brokerage, Account Services, and Fund Services.
65GF Score

Get the complete analysis for HAM:BWB

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

€6.72
Price
€5.16
GF Value