Julius Baer Gruppe AG (MIL:1BAER) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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MIL:1BAER Julius Baer Gruppe AG MIL:1BAER
48 GF Score
Price €76.42
GF Value €67.38
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Julius Baer Gruppe AG Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Julius Baer Gruppe AG  (MIL:1BAER) 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.


Julius Baer Gruppe AG Cyclically Adjusted PS Ratio Related Terms


Julius Baer Gruppe AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Julius Baer Gruppe 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.

Julius Baer Gruppe AG Cyclically Adjusted PS Ratio Chart

Julius Baer Gruppe 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 - - - - 3.60

Julius Baer Gruppe AG Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 - - 3.14 3.60 3.89

MIL:1BAER vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Julius Baer Gruppe 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.


Julius Baer Gruppe AG Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Julius Baer Gruppe AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MIL:1BAER
48GF Score
Julius Baer Gruppe AG MIL:1BAER
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Julius Baer Gruppe 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.

Julius Baer Gruppe AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Julius Baer Gruppe AG's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=22.768/107.2000*107.2000
=22.768

Current CPI (Dec25) = 107.2000.

Julius Baer Gruppe AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 12.753 99.380 13.757
201712 14.503 100.213 15.514
201812 14.308 100.906 15.200
201912 14.949 101.063 15.857
202012 16.762 100.241 17.926
202112 17.888 101.776 18.841
202212 19.595 104.666 20.069
202312 20.493 106.461 20.635
202412 21.208 107.128 21.222
202512 22.768 107.200 22.768

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 Julius Baer Gruppe AG (MIL:1BAER) Overvalued in 2026?

Based on GuruFocus' analysis, Julius Baer Gruppe AG stock appears to be overvalued. The current stock price of €76.42 is trading 13.4% above its estimated GF Value™ of €67.38. GuruFocus considers Julius Baer Gruppe AG to be Modestly Overvalued.

Key valuation signals for MIL:1BAER:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €67.38 vs. price of €76.42 (13.4% above fair value)
  • GF Score™: 48/100 with 7 warning signs

No single metric tells the full story. See the MIL:1BAER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Julius Baer Gruppe AG Business Description

Address Bahnhofstrasse 36, P.O. Box, Zurich, CHE, 8010
Julius Baer was founded in 1890 and expanded significantly in 2005 when it acquired three Swiss private banks and Global Asset Management from its far larger Swiss rival, UBS. In 2009, Baer spun off GAM as a separately listed firm. The acquisition of Merrill Lynch's wealth management operations outside of the US in 2012 increased Baer's assets under management by 40% and increased its footprint outside of Europe. Julius Baer is currently the largest pure-play private bank globally Baer provides private banking services principally to individuals in Switzerland and Europe and increasingly in Asia and other emerging markets.
48GF Score

Get the complete analysis for MIL:1BAER

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

€76.42
Price
€67.38
GF Value