Standard Chartered Bank Kenya (NAI:SCBK) Cyclically Adjusted PS Ratio: 3.28 (As of Sep. 08, 2026) — 66% Above Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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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.

NAI:SCBK Standard Chartered Bank Kenya Ltd NAI:SCBK
80 GF Score
Price KES345.50
GF Value KES223.13
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Standard Chartered Bank Kenya Cyclically Adjusted PS Ratio?

Standard Chartered Bank Kenya NAI:SCBK -1.07% 80 Cyclically Adjusted PS Ratio is 3.28 as of Sep. 08, 2026, which is 66% above its 10-year median of 1.97. GuruFocus rates NAI:SCBK with a GF Score™ of 80/100 and a GF Value™ of KES223.13 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,302 Banks companies, Standard Chartered Bank Kenya ranks better than 52.84% on this metric.

As of today (2026-09-08), Standard Chartered Bank Kenya's current share price is KES345.50. Standard Chartered Bank Kenya's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was KES105.22. Standard Chartered Bank Kenya's Cyclically Adjusted PS Ratio for today is 3.28.

The historical rank and industry rank for Standard Chartered Bank Kenya's Cyclically Adjusted PS Ratio or its related term are showing as below:

NAI:SCBK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.48   Med: 1.97   Max: 3.55
Current: 3.32

During the past years, Standard Chartered Bank Kenya's highest Cyclically Adjusted PS Ratio was 3.55. The lowest was 1.48. And the median was 1.97.

NAI:SCBK's Cyclically Adjusted PS Ratio is ranked better than
52.84% of 1302 companies
in the Banks industry
Industry Median: 3.45 vs NAI:SCBK: 3.32

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.

Standard Chartered Bank Kenya's adjusted revenue per share data for the three months ended in Jun. 2026 was KES26.392. 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 KES105.22 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Standard Chartered Bank Kenya  (NAI:SCBK) 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.


Standard Chartered Bank Kenya Cyclically Adjusted PS Ratio Related Terms


Standard Chartered Bank Kenya Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Standard Chartered Bank Kenya'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.

Standard Chartered Bank Kenya Cyclically Adjusted PS Ratio Chart

Standard Chartered Bank Kenya 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 1.62 1.68 1.80 2.88 2.91

Standard Chartered Bank Kenya 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 2.97 2.79 2.91 3.18 3.12

Standard Chartered Bank Kenya Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Standard Chartered Bank Kenya'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.


Standard Chartered Bank Kenya Cyclically Adjusted PS Ratio vs Banks Industry

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

* The bar in red indicates where Standard Chartered Bank Kenya's Cyclically Adjusted PS Ratio falls into.


NAI:SCBK
80GF Score
Standard Chartered Bank Kenya Ltd NAI:SCBK
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Standard Chartered Bank Kenya 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.

Standard Chartered Bank Kenya's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=345.50/105.22
=3.28

* 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.

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

For example, Standard Chartered Bank Kenya'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)
=26.392/333.9520*333.9520
=26.392

Current CPI (Jun. 2026) = 333.9520.

Standard Chartered Bank Kenya Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 18.755 241.428 25.943
201612 16.021 241.432 22.160
201703 17.902 243.801 24.522
201706 16.850 244.955 22.972
201709 17.759 246.819 24.028
201712 18.106 246.524 24.527
201803 18.400 249.554 24.623
201806 19.686 251.989 26.089
201809 17.982 252.439 23.788
201812 17.684 251.233 23.506
201903 19.156 254.202 25.166
201906 22.859 256.143 29.803
201909 15.441 256.759 20.083
201912 17.739 256.974 23.053
202003 18.026 258.115 23.322
202006 21.428 257.797 27.758
202009 14.820 260.280 19.015
202012 17.720 260.474 22.719
202103 18.408 264.877 23.208
202106 18.298 271.696 22.491
202109 21.076 274.310 25.658
202112 17.006 278.802 20.370
202203 18.411 287.504 21.385
202206 21.571 296.311 24.311
202209 23.956 296.808 26.954
202212 24.279 296.797 27.318
202303 28.194 301.836 31.194
202306 26.411 305.109 28.908
202309 22.298 307.789 24.193
202312 30.874 306.746 33.612
202403 33.544 312.332 35.866
202406 34.934 314.175 37.133
202409 34.120 315.301 36.138
202412 31.135 315.605 32.945
202503 30.438 319.799 31.785
202506 27.412 322.561 28.380
202509 26.898 324.800 27.656
202512 25.860 324.054 26.650
202603 26.240 330.213 26.537
202606 26.392 333.952 26.392

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 3.28 mean?
Standard Chartered Bank Kenya (NAI:SCBK) has a Cyclically Adjusted PS Ratio of 3.28 as of Sep. 08, 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 Standard Chartered Bank Kenya and its competitors. This is 66% above median its historical median of 1.97. Over the past decade, Standard Chartered Bank Kenya's Cyclically Adjusted PS Ratio has ranged from 1.48 to 3.55. According to the industry distribution chart, Standard Chartered Bank Kenya ranks #614 out of 1302 companies in the Banks industry, placing it in the top 47.2%.
Is Standard Chartered Bank Kenya's Cyclically Adjusted PS Ratio too high?
Standard Chartered Bank Kenya's current Cyclically Adjusted PS Ratio of 3.28 is 66% above median its 10-year median of 1.97. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 3.55. The Banks industry median Cyclically Adjusted PS Ratio is 3.45. Standard Chartered Bank Kenya's value of 3.28 is 4.9% below this industry median. Based on the distribution chart, Standard Chartered Bank Kenya ranks #614 out of 1302 companies in the Banks industry, which is above the industry midpoint. Overall, Standard Chartered Bank Kenya has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Standard Chartered Bank Kenya's Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, Standard Chartered Bank Kenya ranks #614 out of 1302 companies for Cyclically Adjusted PS Ratio. This puts Standard Chartered Bank Kenya in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.45. Standard Chartered Bank Kenya's value of 3.28 is 4.9% below this benchmark. Historically, Standard Chartered Bank Kenya's own Cyclically Adjusted PS Ratio has ranged from 1.48 to 3.55 over the past decade. While the company's 10-year median is 1.97 vs. the industry median of 3.45, Standard Chartered Bank Kenya 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 3.45, 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. Standard Chartered Bank Kenya's current Cyclically Adjusted PS Ratio of 3.28 is 4.9% 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 Standard Chartered Bank Kenya and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Standard Chartered Bank Kenya's current Cyclically Adjusted PS Ratio is 3.28, which is 66% above median its own 10-year median of 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Standard Chartered Bank Kenya stock overvalued right now?
Based on GuruFocus' analysis, Standard Chartered Bank Kenya (NAI:SCBK) is currently considered Significantly Overvalued. The stock's GF Value™ is KES223.13, compared to a current price of KES345.50 — trading 54.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.28, which is 66% above median its 10-year median of 1.97 and 4.9% below the Banks industry median of 3.45. Standard Chartered Bank Kenya's overall GF Score™ is 80/100 with 8 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 Standard Chartered Bank Kenya (NAI:SCBK), the current Cyclically Adjusted PS Ratio is 3.28 as of Sep. 08, 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 Standard Chartered Bank Kenya (NAI:SCBK) Overvalued in 2026?

Based on GuruFocus' analysis, Standard Chartered Bank Kenya stock appears to be overvalued. The current stock price of KES345.50 is trading 54.8% above its estimated GF Value™ of KES223.13. GuruFocus considers Standard Chartered Bank Kenya to be Significantly Overvalued.

Key valuation signals for NAI:SCBK:

  • Cyclically Adjusted PS Ratio: 3.28 (66% above median its 10-year median of 1.97)
  • GF Value™: KES223.13 vs. price of KES345.50 (54.8% above fair value)
  • GF Score™: 80/100 with 8 warning signs
  • Industry Position: 4.9% below the Banks median (#614 of 1302)

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


Standard Chartered Bank Kenya Business Description

Address 48 Westlands Road, P.O. Box 30003, Nairobi, KEN, 00100
Standard Chartered Bank Kenya Ltd offers a variety of local and foreign currency banking solutions to meet its clients' transactional, borrowing, and investment needs. It has a diversified portfolio cutting across select sectors that include business services, manufacturing, wholesale and retail trade, transport and communication, real estate, agriculture, energy, and water. The company's segments are mainly Corporate and Investment Banking; Wealth and Retail Banking; Central and Other items.
80GF Score

Get the complete analysis for NAI:SCBK

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

KES345.50
Price
KES223.13
GF Value