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National Bank Of MalawiMSW:NBM -0.09%100 Cyclically Adjusted PS Ratio is 25.41 as of Aug. 04, 2026, which is 8% below its 10-year median of 27.62. GuruFocus rates MSW:NBM with a GF Score™ of 100/100 and a GF Value™ of MWK7,825.20 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,299 Banks companies, National Bank Of Malawi ranks worse than 99.54% on this metric.
The historical rank and industry rank for National Bank Of Malawi's Cyclically Adjusted PS Ratio or its related term are showing as below:
MSW:NBM'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 12.72 Med: 27.62 Max: 45.57
Current: 25.57
During the past 11 years, National Bank Of Malawi's highest Cyclically Adjusted PS Ratio was 45.57. The lowest was 12.72. And the median was 27.62.
MSW:NBM's Cyclically Adjusted PS Ratio is ranked worse than 99.54% of 1299
companies
in the Banks industry
Industry Median: 3.41
vs MSW:NBM: 25.57
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.
National Bank Of Malawi's adjusted revenue per share data of for the fiscal year that ended in Dec25 was MWK1,089.103. 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 MWK375.44 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
National Bank Of Malawi (MSW:NBM) 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.
National Bank Of Malawi Cyclically Adjusted PS Ratio Related Terms
National Bank Of Malawi Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for National Bank Of Malawi'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.
National Bank Of Malawi Cyclically Adjusted PS Ratio Chart
MSW:NBM vs PNC, USB: Cyclically Adjusted PS Ratio Comparison
For the Banks - Regional subindustry, National Bank Of Malawi'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.
National Bank Of Malawi Cyclically Adjusted PS Ratio vs Banks Industry
For the Banks industry and Financial Services sector, National Bank Of Malawi's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where National Bank Of Malawi's Cyclically Adjusted PS Ratio falls into.
National Bank Of Malawi 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.
* 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.
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 25.41 mean?
National Bank Of Malawi (MSW:NBM) has a Cyclically Adjusted PS Ratio of 25.41 as of Aug. 04, 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 National Bank Of Malawi and its competitors. This is near median its historical median of 27.62. Over the past decade, National Bank Of Malawi's Cyclically Adjusted PS Ratio has ranged from 12.72 to 45.57. According to the industry distribution chart, National Bank Of Malawi ranks #1293 out of 1299 companies in the Banks industry, placing it in the top 99.5%.
Is National Bank Of Malawi's Cyclically Adjusted PS Ratio too high?
National Bank Of Malawi's current Cyclically Adjusted PS Ratio of 25.41 is near median its 10-year median of 27.62. Over the past 10 years, this metric has ranged from a low of 12.72 to a high of 45.57. The Banks industry median Cyclically Adjusted PS Ratio is 3.41. National Bank Of Malawi's value of 25.41 is 645.2% above this industry median. Based on the distribution chart, National Bank Of Malawi ranks #1293 out of 1299 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, National Bank Of Malawi has a GF Score™ of 100/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Bank Of Malawi's Cyclically Adjusted PS Ratio compare to PNC and USB?
According to the Banks industry distribution chart, National Bank Of Malawi ranks #1293 out of 1299 companies for Cyclically Adjusted PS Ratio. This places National Bank Of Malawi in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.41. National Bank Of Malawi's value of 25.41 is 645.2% above this benchmark. Historically, National Bank Of Malawi's own Cyclically Adjusted PS Ratio has ranged from 12.72 to 45.57 over the past decade. While the company's 10-year median is 27.62 vs. the industry median of 3.41, National Bank Of Malawi has consistently been above 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 3.41, based on 1,299 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. National Bank Of Malawi's current Cyclically Adjusted PS Ratio of 25.41 is 645.2% above 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 National Bank Of Malawi and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Bank Of Malawi's current Cyclically Adjusted PS Ratio is 25.41, which is near median its own 10-year median of 27.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Bank Of Malawi stock overvalued right now?
Based on GuruFocus' analysis, National Bank Of Malawi (MSW:NBM) is currently considered Modestly Overvalued. The stock's GF Value™ is MWK7,825.20, compared to a current price of MWK9,539.77 — trading 21.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 25.41, which is near median its 10-year median of 27.62 and 645.2% above the Banks industry median of 3.41. National Bank Of Malawi's overall GF Score™ is 100/100 with 1 warning sign 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 National Bank Of Malawi (MSW:NBM), the current Cyclically Adjusted PS Ratio is 25.41 as of Aug. 04, 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 National Bank Of Malawi (MSW:NBM) Overvalued in 2026?
Based on GuruFocus' analysis, National Bank Of Malawi stock appears to be overvalued.
The current stock price of MWK9,539.77 is trading 21.9% above its estimated GF Value™ of MWK7,825.20.
GuruFocus considers National Bank Of Malawi to be Modestly Overvalued.
Key valuation signals for MSW:NBM:
Cyclically Adjusted PS Ratio: 25.41 (near median its 10-year median of 27.62)
GF Value™: MWK7,825.20 vs. price of MWK9,539.77 (21.9% above fair value)
Industry Position: 645.2% above the Banks median (#1293 of 1299)
No single metric tells the full story. See the MSW:NBM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Bank Of Malawi PLC provides personal, corporate, and investment banking as well as stockbroking, insurance, and pension administration services in Malawi. Its business operations are divided into three segments including Retail and corporate banking that incorporates savings, deposits, investment savings products, consumer loans, current accounts, overdrafts, loans, and other credit facilities, trade finance, and corporate leasing; Treasury segment offers financial instruments trading, dealings in foreign currency, stock broking and derivative products; and Other operations comprising fund management, custodial services and providing training services. Revenue from Retail and corporate banking is one of the majority sources of income for the Bank.
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