PNC Financial Services Group (LTS:0KEF) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

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Director of Data and Quant Analytics at GuruFocus
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LTS:0KEF PNC Financial Services Group Inc LTS:0KEF
76 GF Score
Price $233.25
GF Value $221.66
Valuation Fairly Valued
! 8 Warning Signs
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What is PNC Financial Services Group Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PNC Financial Services Group  (LTS:0KEF) 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.


PNC Financial Services Group Cyclically Adjusted PS Ratio Related Terms


PNC Financial Services Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PNC Financial Services Group'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.

PNC Financial Services Group Cyclically Adjusted PS Ratio Chart

PNC Financial Services Group 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 5.28 3.74 3.43 4.03 4.08

PNC Financial Services Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.74 3.96 4.08 3.95 4.56

LTS:0KEF vs USB, NU, TFC: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, PNC Financial Services Group'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.


PNC Financial Services Group Cyclically Adjusted PS Ratio vs Banks Industry

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

* The bar in red indicates where PNC Financial Services Group's Cyclically Adjusted PS Ratio falls into.


LTS:0KEF
76GF Score
PNC Financial Services Group Inc LTS:0KEF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PNC Financial Services Group 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.

PNC Financial Services Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, PNC Financial Services Group's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=17.139/333.9520*333.9520
=17.139

Current CPI (Jun. 2026) = 333.9520.

PNC Financial Services Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 7.577 241.428 10.481
201612 8.097 241.432 11.200
201703 7.862 243.801 10.769
201706 8.418 244.955 11.476
201709 8.650 246.819 11.704
201712 9.292 246.524 12.587
201803 8.462 249.554 11.324
201806 8.769 251.989 11.621
201809 9.291 252.439 12.291
201812 12.285 251.233 16.330
201903 9.471 254.202 12.442
201906 9.190 256.143 11.982
201909 9.175 256.759 11.933
201912 10.717 256.974 13.927
202003 9.572 258.115 12.384
202006 9.650 257.797 12.501
202009 10.059 260.280 12.906
202012 10.237 260.474 13.125
202103 9.549 264.877 12.039
202106 10.862 271.696 13.351
202109 12.324 274.310 15.004
202112 11.795 278.802 14.128
202203 10.205 287.504 11.854
202206 11.930 296.311 13.445
202209 12.761 296.808 14.358
202212 16.517 296.797 18.585
202303 13.985 301.836 15.473
202306 13.314 305.109 14.573
202309 12.848 307.789 13.940
202312 12.793 306.746 13.928
202403 13.170 312.332 14.082
202406 11.755 314.175 12.495
202409 13.073 315.301 13.846
202412 14.602 315.605 15.451
202503 13.485 319.799 14.082
202506 14.174 322.561 14.675
202509 14.902 324.800 15.322
202512 15.607 324.054 16.084
202603 15.267 330.213 15.440
202606 17.139 333.952 17.139

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 PNC Financial Services Group (LTS:0KEF) Overvalued in 2026?

Based on GuruFocus' analysis, PNC Financial Services Group stock appears to be overvalued. The current stock price of $233.25 is trading 5.2% above its estimated GF Value™ of $221.66. GuruFocus considers PNC Financial Services Group to be Fairly Valued.

Key valuation signals for LTS:0KEF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $221.66 vs. price of $233.25 (5.2% above fair value)
  • GF Score™: 76/100 with 8 warning signs

No single metric tells the full story. See the LTS:0KEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PNC Financial Services Group Business Description

Address 300 Fifth Avenue, The Tower at PNC Plaza, Pittsburgh, PA, USA, 15222-2401
PNC Financial is one of the three super-regional banks in the US, with over $600 billion in total assets at the end of March 2026. Headquartered in Pittsburgh, Pennsylvania, PNC Financial has a coast-to-coast branch network, with a strong presence in the US Midwest and Northeast. It closed its acquisition of FirstBank in January 2026, which added around $26 billion in assets to its balance sheet, and PNC is currently expanding in the Southern and Western regions of the US. The bank provides a diversified set of financial services in retail banking, commercial banking, card and treasury management, asset management, and investment banking. PNC derived around 38% of revenue from fee income and 62% from net interest income in 2025.
76GF Score

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

$233.25
Price
$221.66
GF Value