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Spar Nord Bank AS (LTS:0JH4) Cyclically Adjusted PS Ratio : 5.88 (As of May. 24, 2025)


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What is Spar Nord Bank AS Cyclically Adjusted PS Ratio?

As of today (2025-05-24), Spar Nord Bank AS's current share price is kr68.80. Spar Nord Bank AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was kr11.70. Spar Nord Bank AS's Cyclically Adjusted PS Ratio for today is 5.88.

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

LTS:0JH4' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.47   Med: 2.76   Max: 6.05
Current: 5.94

During the past years, Spar Nord Bank AS's highest Cyclically Adjusted PS Ratio was 6.05. The lowest was 1.47. And the median was 2.76.

LTS:0JH4's Cyclically Adjusted PS Ratio is ranked worse than
89.69% of 1242 companies
in the Banks industry
Industry Median: 2.73 vs LTS:0JH4: 5.94

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.

Spar Nord Bank AS's adjusted revenue per share data for the three months ended in Mar. 2025 was kr12.162. 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 kr11.70 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Spar Nord Bank AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Spar Nord Bank AS'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.

* Premium members only.

Spar Nord Bank AS Cyclically Adjusted PS Ratio Chart

Spar Nord Bank AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.26 3.05 3.47 3.27 5.89

Spar Nord Bank AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.44 3.94 3.69 5.89 5.88

Competitive Comparison of Spar Nord Bank AS's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Spar Nord Bank AS'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.


Spar Nord Bank AS's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Spar Nord Bank AS's Cyclically Adjusted PS Ratio falls into.


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Spar Nord Bank AS 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.

Spar Nord Bank AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=68.80/11.70
=5.88

* 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.

Spar Nord Bank AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Spar Nord Bank AS's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=12.162/120.2000*120.2000
=12.162

Current CPI (Mar. 2025) = 120.2000.

Spar Nord Bank AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 6.110 100.300 7.322
201509 5.988 100.200 7.183
201512 5.702 99.800 6.868
201603 5.995 100.200 7.192
201606 7.069 100.600 8.446
201609 6.648 100.200 7.975
201612 6.431 100.300 7.707
201703 7.197 101.200 8.548
201706 6.659 101.200 7.909
201709 5.503 101.800 6.498
201712 5.917 101.300 7.021
201803 6.756 101.700 7.985
201806 7.394 102.300 8.688
201809 6.340 102.400 7.442
201812 5.324 102.100 6.268
201903 6.574 102.900 7.679
201906 6.787 102.900 7.928
201909 7.138 102.900 8.338
201912 5.529 102.900 6.459
202003 5.908 103.300 6.875
202006 7.375 103.200 8.590
202009 7.046 103.500 8.183
202012 7.080 103.400 8.230
202103 7.412 104.300 8.542
202106 8.035 105.000 9.198
202109 7.571 105.800 8.601
202112 7.738 106.600 8.725
202203 7.433 109.900 8.130
202206 7.126 113.600 7.540
202209 8.460 116.400 8.736
202212 10.944 115.900 11.350
202303 11.023 117.300 11.296
202306 11.850 116.400 12.237
202309 12.438 117.400 12.735
202312 11.260 116.700 11.598
202403 12.613 118.400 12.805
202406 11.739 118.500 11.907
202409 12.187 118.900 12.320
202412 11.319 118.900 11.443
202503 12.162 120.200 12.162

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.


Spar Nord Bank AS  (LTS:0JH4) 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.


Spar Nord Bank AS Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Spar Nord Bank AS's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Spar Nord Bank AS Business Description

Traded in Other Exchanges
Address
Skelagervej 15, Aalborg, DNK, 9100
Spar Nord Bank AS is a retail bank operating in Denmark. About half of the bank's presence is in North Jutland. The company mostly grew outside its home base via mergers and acquisitions. It caters to common households and local small and medium-sized enterprises. The company's pioneers emphasizes personalization and financial technology. Almost all of the bank's income is net interest income, followed by net fees, charges, and commissions. The majority of the bank's loan portfolio is business lending. The bank's business loan portfolio is diversified among several industries, notably financial services, real estate, trade, and agriculture, hunting, and forestry.

Spar Nord Bank AS Headlines

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