Commerzbank AG (MEX:CBKN) Cyclically Adjusted PS Ratio: 3.20 (As of Aug. 09, 2026) — 442% Above Median

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MEX:CBKN Commerzbank AG MEX:CBKN
62 GF Score
Price MXN180.58
GF Value MXN89.60
! 6 Warning Signs
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What is Commerzbank AG Cyclically Adjusted PS Ratio?

Commerzbank AG MEX:CBKN 62 Cyclically Adjusted PS Ratio is 3.20 as of Aug. 09, 2026, which is 442% above its 10-year median of 0.59. GuruFocus rates MEX:CBKN with a GF Score™ of 62/100 and a GF Value™ of MXN89.60. The stock has 6 warning signs investors should review. Among 1,302 Banks companies, Commerzbank AG ranks worse than 63.52% on this metric.

As of today (2026-08-09), Commerzbank AG's current share price is MXN180.58. Commerzbank AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN56.36. Commerzbank AG's Cyclically Adjusted PS Ratio for today is 3.20.

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

MEX:CBKN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.59   Max: 4.06
Current: 4.06

During the past years, Commerzbank AG's highest Cyclically Adjusted PS Ratio was 4.06. The lowest was 0.15. And the median was 0.59.

MEX:CBKN's Cyclically Adjusted PS Ratio is ranked worse than
63.52% of 1302 companies
in the Banks industry
Industry Median: 3.43 vs MEX:CBKN: 4.06

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.

Commerzbank AG's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN61.722. 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 MXN56.36 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Commerzbank AG  (MEX:CBKN) 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.


Commerzbank AG Cyclically Adjusted PS Ratio Related Terms


Commerzbank AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Commerzbank AG'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.

Commerzbank AG Cyclically Adjusted PS Ratio Chart

Commerzbank AG 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 0.70 0.99 1.21 1.72 3.84

Commerzbank AG 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 2.30 2.90 3.46 3.84 3.20

MEX:CBKN vs PNC, USB: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, Commerzbank AG'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.


Commerzbank AG Cyclically Adjusted PS Ratio vs Banks Industry

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

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


MEX:CBKN
62GF Score
Commerzbank AG MEX:CBKN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Commerzbank AG 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.

Commerzbank AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=180.58/56.36
=3.20

* 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.

Commerzbank AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=61.722/131.2583*131.2583
=61.722

Current CPI (Mar. 2026) = 131.2583.

Commerzbank AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 36.934 100.717 48.134
201609 41.241 101.017 53.587
201612 33.931 101.217 44.002
201703 39.364 101.417 50.947
201706 33.343 102.117 42.858
201709 43.266 102.717 55.288
201712 34.111 102.617 43.632
201803 38.369 102.917 48.935
201806 40.268 104.017 50.814
201809 37.399 104.718 46.878
201812 35.870 104.217 45.177
201903 38.119 104.217 48.010
201906 36.880 105.718 45.790
201909 37.863 106.018 46.877
201912 38.887 105.818 48.236
202003 37.885 105.718 47.038
202006 49.417 106.618 60.838
202009 44.262 105.818 54.903
202012 46.646 105.518 58.025
202103 50.155 107.518 61.229
202106 42.871 108.486 51.870
202109 38.998 109.435 46.775
202112 52.158 110.384 62.022
202203 49.326 113.968 56.809
202206 42.666 115.760 48.378
202209 28.433 118.818 31.410
202212 53.686 119.345 59.045
202303 40.805 122.402 43.757
202306 49.230 123.140 52.475
202309 31.304 124.195 33.084
202312 56.256 123.773 59.658
202403 41.129 125.038 43.175
202406 55.931 125.882 58.320
202409 37.315 126.198 38.811
202412 78.885 127.041 81.504
202503 59.277 127.779 60.891
202506 66.710 128.412 68.189
202509 47.323 129.255 48.056
202512 75.130 129.361 76.232
202603 61.722 131.258 61.722

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 3.20 mean?
Commerzbank AG (MEX:CBKN) has a Cyclically Adjusted PS Ratio of 3.20 as of Aug. 09, 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 Commerzbank AG and its competitors. This is 442% above median its historical median of 0.59. Over the past decade, Commerzbank AG's Cyclically Adjusted PS Ratio has ranged from 0.15 to 4.06. According to the industry distribution chart, Commerzbank AG ranks #827 out of 1302 companies in the Banks industry, placing it in the top 63.5%.
Is Commerzbank AG's Cyclically Adjusted PS Ratio too high?
Commerzbank AG's current Cyclically Adjusted PS Ratio of 3.20 is 442% above median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 4.06. The Banks industry median Cyclically Adjusted PS Ratio is 3.43. Commerzbank AG's value of 3.20 is 6.7% below this industry median. Based on the distribution chart, Commerzbank AG ranks #827 out of 1302 companies in the Banks industry, which is below the industry midpoint. Overall, Commerzbank AG has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Commerzbank AG's Cyclically Adjusted PS Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Commerzbank AG ranks #827 out of 1302 companies for Cyclically Adjusted PS Ratio. This places Commerzbank AG in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.43. Commerzbank AG's value of 3.20 is 6.7% below this benchmark. Historically, Commerzbank AG's own Cyclically Adjusted PS Ratio has ranged from 0.15 to 4.06 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 3.43, Commerzbank AG 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 Banks company?
The median Cyclically Adjusted PS Ratio among Banks companies is 3.43, based on 1,302 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. Commerzbank AG's current Cyclically Adjusted PS Ratio of 3.20 is 6.7% 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 Commerzbank AG and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Commerzbank AG's current Cyclically Adjusted PS Ratio is 3.20, which is 442% above median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Commerzbank AG stock overvalued right now?
Commerzbank AG (MEX:CBKN) has a current Cyclically Adjusted PS Ratio of 3.20. The stock's GF Value™ is MXN89.60, compared to a current price of MXN180.58 — trading 101.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.20, which is 442% above median its 10-year median of 0.59 and 6.7% below the Banks industry median of 3.43. Commerzbank AG's overall GF Score™ is 62/100 with 6 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 Commerzbank AG (MEX:CBKN), the current Cyclically Adjusted PS Ratio is 3.20 as of Aug. 09, 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 Commerzbank AG (MEX:CBKN) Overvalued in 2026?

Based on GuruFocus' analysis, Commerzbank AG stock appears to be overvalued. The current stock price of MXN180.58 is trading 101.5% above its estimated GF Value™ of MXN89.60.

Key valuation signals for MEX:CBKN:

  • Cyclically Adjusted PS Ratio: 3.20 (442% above median its 10-year median of 0.59)
  • GF Value™: MXN89.60 vs. price of MXN180.58 (101.5% above fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 6.7% below the Banks median (#827 of 1302)

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


Commerzbank AG Business Description

Address Kaiserplatz, Frankfurt, HE, DEU, 60261
Commerzbank operates primarily in Europe. Germany accounts for about 70% of the total income. The bank operates two business segments: private and small-business customers, as well as corporate clients. In its private and small-business segment, the group operates a branch network, a mobile bank focused on the Polish market, an online broker, and an asset manager for physical assets. Its corporate client business provides cash management and trade finance solutions to small and medium-size enterprises and large companies.
62GF Score

Get the complete analysis for MEX:CBKN

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

MXN180.58
Price
MXN89.60
GF Value