Banca Mediolanum (HAM:ME1) Cyclically Adjusted PS Ratio: (As of Jul. 23, 2026)

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HAM:ME1 Banca Mediolanum HAM:ME1
61 GF Score
Price €22.42
GF Value €12.95
! 6 Warning Signs
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What is Banca Mediolanum Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banca Mediolanum  (HAM:ME1) 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.


Banca Mediolanum Cyclically Adjusted PS Ratio Related Terms


Banca Mediolanum Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Banca Mediolanum'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.

Banca Mediolanum Cyclically Adjusted PS Ratio Chart

Banca Mediolanum 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 1.16 1.14 1.42 2.12 3.85

Banca Mediolanum 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 2.89 2.84 3.24 3.85 0.00

Banca Mediolanum Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Banca Mediolanum'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.


Banca Mediolanum Cyclically Adjusted PS Ratio vs Banks Industry

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

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


HAM:ME1
61GF Score
Banca Mediolanum HAM:ME1
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banca Mediolanum 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.

Banca Mediolanum's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Banca Mediolanum's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=1.084/122.6000*122.6000
=1.084

Current CPI (Dec. 2025) = 122.6000.

Banca Mediolanum Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.427 99.600 0.526
201606 1.067 99.900 1.309
201609 1.433 100.100 1.755
201612 1.966 100.300 2.403
201703 1.259 101.000 1.528
201706 0.606 101.100 0.735
201709 1.126 101.200 1.364
201712 1.551 101.200 1.879
201803 0.305 101.800 0.367
201806 1.778 102.400 2.129
201809 1.414 102.600 1.690
201812 -0.666 102.300 -0.798
201903 2.510 102.800 2.993
201906 1.434 103.100 1.705
201909 1.532 102.900 1.825
201912 2.362 102.800 2.817
202003 0.331 102.900 0.394
202006 0.367 102.900 0.437
202009 0.395 102.300 0.473
202012 3.112 102.600 3.719
202103 0.469 103.700 0.554
202106 0.488 104.200 0.574
202109 4.609 104.900 5.387
202112 3.117 106.600 3.585
202203 0.440 110.400 0.489
202206 0.439 112.500 0.478
202209 0.468 114.200 0.502
202212 0.557 119.000 0.574
202303 0.557 118.800 0.575
202306 0.610 119.700 0.625
202309 0.632 120.300 0.644
202312 0.781 119.700 0.800
202403 0.719 120.200 0.733
202406 0.708 120.700 0.719
202409 0.660 121.200 0.668
202412 1.164 121.200 1.177
202503 0.733 122.500 0.734
202506 0.737 122.700 0.736
202509 0.730 123.100 0.727
202512 1.084 122.600 1.084

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 Banca Mediolanum (HAM:ME1) Overvalued in 2026?

Based on GuruFocus' analysis, Banca Mediolanum stock appears to be overvalued. The current stock price of €22.42 is trading 73.1% above its estimated GF Value™ of €12.95.

Key valuation signals for HAM:ME1:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €12.95 vs. price of €22.42 (73.1% above fair value)
  • GF Score™: 61/100 with 6 warning signs

No single metric tells the full story. See the HAM:ME1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Banca Mediolanum Business Description

Address Palazzo Meucci, Via Francesco Sforza, 15, Basiglio, ITA, 20080
Banca Mediolanum is an Italy-based company which provides banking and financial services. It operates with various segments namely Lending which includes Retail and Commercial Banking, Treasury activities which has trading and sales, Asset Management and Retail Brokerage. The company offers current accounts, mortgages and loan products; credit, debit, and rechargeable cards and investment products. Geographically, it operates the market of Italy, Spain, and Germany of which Italy accounts for a larger share of revenue.
61GF Score

Get the complete analysis for HAM:ME1

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

€22.42
Price
€12.95
GF Value