Danske Bank AS (MEX:DANSKE) Cyclically Adjusted PS Ratio: (As of Aug. 02, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:DANSKE Danske Bank AS MEX:DANSKE
57 GF Score
Price MXN248.54
GF Value MXN163.09
! 5 Warning Signs
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What is Danske Bank AS 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


Danske Bank AS  (MEX:DANSKE) 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.


Danske Bank AS Cyclically Adjusted PS Ratio Related Terms


Danske Bank AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Danske 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.

Danske Bank AS Cyclically Adjusted PS Ratio Chart

Danske Bank AS 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 2.11 2.40 3.07 3.34 5.02

Danske Bank AS 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 4.14 4.29 5.02 4.88 5.40

Danske Bank AS Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Danske 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.


Danske Bank AS Cyclically Adjusted PS Ratio vs Banks Industry

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

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


MEX:DANSKE
57GF Score
Danske Bank AS MEX:DANSKE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Danske 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.

Danske Bank AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Danske Bank AS'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)
=49.425/122.9700*122.9700
=49.425

Current CPI (Jun. 2026) = 122.9700.

Danske Bank AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 38.575 100.200 47.341
201612 37.075 100.300 45.455
201703 38.539 101.200 46.829
201706 36.135 101.200 43.908
201709 39.017 101.800 47.131
201712 43.554 101.300 52.871
201803 41.564 101.700 50.257
201806 38.912 102.300 46.774
201809 40.604 102.400 48.760
201812 38.852 102.100 46.794
201903 39.005 102.900 46.613
201906 37.374 102.900 44.664
201909 38.458 102.900 45.959
201912 39.670 102.900 47.407
202003 42.547 103.300 50.649
202006 50.461 103.200 60.128
202009 46.951 103.500 55.783
202012 44.967 103.400 53.478
202103 45.813 104.300 54.014
202106 44.173 105.000 51.733
202109 44.353 105.800 51.551
202112 44.484 106.600 51.315
202203 36.900 109.900 41.288
202206 31.464 113.600 34.059
202209 33.832 116.400 35.742
202212 41.820 115.900 44.371
202303 40.319 117.300 42.268
202306 37.210 116.400 39.310
202309 37.498 117.400 39.277
202312 40.271 116.700 42.435
202403 39.733 118.400 41.267
202406 43.248 118.500 44.879
202409 47.324 118.900 48.944
202412 50.627 118.900 52.360
202503 49.484 120.200 50.624
202506 48.850 120.700 49.769
202509 47.952 121.600 48.492
202512 52.778 121.200 53.549
202603 47.823 121.680 48.330
202606 49.425 122.970 49.425

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 Danske Bank AS (MEX:DANSKE) Overvalued in 2026?

Based on GuruFocus' analysis, Danske Bank AS stock appears to be overvalued. The current stock price of MXN248.54 is trading 52.4% above its estimated GF Value™ of MXN163.09.

Key valuation signals for MEX:DANSKE:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: MXN163.09 vs. price of MXN248.54 (52.4% above fair value)
  • GF Score™: 57/100 with 5 warning signs

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


Danske Bank AS Business Description

Address Bernstorffsgade 40, Copenhagen, DNK, DK-1577
Founded in 1871, Danske Bank's headquarters are in Copenhagen, Denmark. It is the largest Danish bank with a dominant market share of 24% in lending and 27% in deposits. It operates through 144 branches in Denmark, Finland, Sweden, Norway, and Northern Ireland.
57GF Score

Get the complete analysis for MEX:DANSKE

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

MXN248.54
Price
MXN163.09
GF Value