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Svenska Handelsbanken AB (MEX:SHBA N) Cyclically Adjusted PS Ratio : 4.47 (As of Jul. 21, 2025)


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What is Svenska Handelsbanken AB Cyclically Adjusted PS Ratio?

As of today (2025-07-21), Svenska Handelsbanken AB's current share price is MXN181.40. Svenska Handelsbanken AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2025 was MXN40.57. Svenska Handelsbanken AB's Cyclically Adjusted PS Ratio for today is 4.47.

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

MEX:SHBA N' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.25   Med: 4.04   Max: 4.95
Current: 4.11

During the past years, Svenska Handelsbanken AB's highest Cyclically Adjusted PS Ratio was 4.95. The lowest was 3.25. And the median was 4.04.

MEX:SHBA N's Cyclically Adjusted PS Ratio is ranked worse than
74.27% of 1263 companies
in the Banks industry
Industry Median: 2.86 vs MEX:SHBA N: 4.11

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.

Svenska Handelsbanken AB's adjusted revenue per share data for the three months ended in Jun. 2025 was MXN13.616. 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 MXN40.57 for the trailing ten years ended in Jun. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Svenska Handelsbanken AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Svenska Handelsbanken AB'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.

Svenska Handelsbanken AB Cyclically Adjusted PS Ratio Chart

Svenska Handelsbanken AB 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 3.70 4.35 4.11 3.99 4.05

Svenska Handelsbanken AB Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 3.62 3.74 4.05 4.00 4.47

Competitive Comparison of Svenska Handelsbanken AB's Cyclically Adjusted PS Ratio

For the Banks - Diversified subindustry, Svenska Handelsbanken AB'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.


Svenska Handelsbanken AB's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Svenska Handelsbanken AB's Cyclically Adjusted PS Ratio falls into.


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Svenska Handelsbanken AB 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.

Svenska Handelsbanken AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=181.40/40.57
=4.47

* 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.

Svenska Handelsbanken AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2025 is calculated as:

For example, Svenska Handelsbanken AB's adjusted Revenue per Share data for the three months ended in Jun. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=13.616/132.8245*132.8245
=13.616

Current CPI (Jun. 2025) = 132.8245.

Svenska Handelsbanken AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201509 9.665 100.228 12.808
201512 11.211 100.276 14.850
201603 10.716 100.751 14.127
201606 11.166 101.019 14.682
201609 12.002 101.138 15.762
201612 11.493 102.022 14.963
201703 10.766 102.022 14.017
201706 10.799 102.752 13.960
201709 11.741 103.279 15.100
201712 13.183 103.793 16.870
201803 11.537 103.962 14.740
201806 13.148 104.875 16.652
201809 11.344 105.679 14.258
201812 12.209 105.912 15.311
201903 11.382 105.886 14.278
201906 11.642 106.742 14.487
201909 11.402 107.214 14.126
201912 11.494 107.766 14.167
202003 13.407 106.563 16.711
202006 13.320 107.498 16.458
202009 13.859 107.635 17.102
202012 12.575 108.296 15.423
202103 12.716 108.360 15.587
202106 12.986 108.928 15.835
202109 13.298 110.338 16.008
202112 13.422 112.486 15.849
202203 11.839 114.825 13.695
202206 10.161 118.384 11.400
202209 12.028 122.296 13.063
202212 13.336 126.365 14.018
202303 13.023 127.042 13.616
202306 12.177 129.407 12.499
202309 12.852 130.224 13.109
202312 13.265 131.912 13.357
202403 12.277 132.205 12.334
202406 13.633 132.716 13.644
202409 15.109 132.304 15.168
202412 15.412 132.987 15.393
202503 15.103 132.825 15.103
202506 13.616 132.825 13.616

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.


Svenska Handelsbanken AB  (MEX:SHBA N) 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.


Svenska Handelsbanken AB Cyclically Adjusted PS Ratio Related Terms

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


Svenska Handelsbanken AB Business Description

Address
Kungstradgardsgatan 2, Stockholm, SWE, SE-106 70
Handelsbanken is one of the largest Swedish banks with significant exposure to the Swedish mortgage market; about 44% of total loans are tied to the Swedish real estate market. Outside of Sweden, the bank operates primarily in the U.K. and Netherlands. Handelsbanken generates about three fourths of its income through its interest spread-based business, including mortgages, household loans, and corporate loans to large and small enterprises.

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