Sterling Financial Holdings Co (NSA:STERLINGNG) Cyclically Adjusted PS Ratio: (As of Aug. 01, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

NSA:STERLINGNG Sterling Financial Holdings Co PLC NSA:STERLINGNG
49 GF Score
Price ₦8.00
GF Value ₦5.74
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Sterling Financial Holdings Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sterling Financial Holdings Co  (NSA:STERLINGNG) 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.


Sterling Financial Holdings Co Cyclically Adjusted PS Ratio Related Terms


Sterling Financial Holdings Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sterling Financial Holdings Co'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.

Sterling Financial Holdings Co Cyclically Adjusted PS Ratio Chart

Sterling Financial Holdings Co 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 0.00 0.00 1.17 1.42 0.00

Sterling Financial Holdings Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Dec25
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 1.44 1.13 1.28 1.42 0.00

NSA:STERLINGNG vs PNC, USB: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, Sterling Financial Holdings Co'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.


Sterling Financial Holdings Co Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Sterling Financial Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Sterling Financial Holdings Co's Cyclically Adjusted PS Ratio falls into.


NSA:STERLINGNG
49GF Score
Sterling Financial Holdings Co PLC NSA:STERLINGNG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sterling Financial Holdings Co 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.

Sterling Financial Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Sterling Financial Holdings Co's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0/324.0540*324.0540
=0.000

Current CPI (Dec. 2025) = 324.0540.

Sterling Financial Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 0.594 236.119 0.815
201506 0.555 238.638 0.754
201509 0.548 237.945 0.746
201512 0.638 236.525 0.874
201606 0.550 241.018 0.739
201609 0.634 241.428 0.851
201612 0.587 241.432 0.788
201703 0.542 243.801 0.720
201706 0.520 244.955 0.688
201709 0.607 246.819 0.797
201712 0.660 246.524 0.868
201803 0.699 249.554 0.908
201806 0.676 251.989 0.869
201809 0.688 252.439 0.883
201812 0.576 251.233 0.743
201903 0.663 254.202 0.845
201906 0.715 256.143 0.905
201909 0.753 256.759 0.950
201912 0.867 256.974 1.093
202003 0.680 258.115 0.854
202006 0.726 257.797 0.913
202009 0.734 260.280 0.914
202012 0.829 260.474 1.031
202103 0.673 264.877 0.823
202106 0.790 271.696 0.942
202109 0.872 274.310 1.030
202112 1.000 278.802 1.162
202203 0.838 287.504 0.945
202206 0.965 296.311 1.055
202209 1.054 296.808 1.151
202212 1.089 296.797 1.189
202303 1.047 301.836 1.124
202306 1.274 305.109 1.353
202309 1.202 307.789 1.266
202312 1.274 306.746 1.346
202403 1.487 312.332 1.543
202406 1.632 314.175 1.683
202409 1.798 315.301 1.848
202412 1.165 315.605 1.196
202512 0.000 324.054 0.000

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 Sterling Financial Holdings Co (NSA:STERLINGNG) Overvalued in 2026?

Based on GuruFocus' analysis, Sterling Financial Holdings Co stock appears to be overvalued. The current stock price of ₦8.00 is trading 39.4% above its estimated GF Value™ of ₦5.74. GuruFocus considers Sterling Financial Holdings Co to be Significantly Overvalued.

Key valuation signals for NSA:STERLINGNG:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₦5.74 vs. price of ₦8.00 (39.4% above fair value)
  • GF Score™: 49/100 with 6 warning signs

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


Sterling Financial Holdings Co Business Description

Address 20, Marina, Sterling Towers, Lagos Island, Lagos, NGA
Sterling Financial Holdings Co PLC is a developer of a nonoperating financial holding structure designed to support and grow a diversified portfolio of banking and financial service companies. The company offers commercial banking, non-interest banking, and asset management through subsidiaries, enabling individuals, businesses, and institutions to access loans, trade finance, digital banking, and investment products. The Group has five reportable segments: Retail Banking, Commercial Banking, Institutional Banking, Corporate & Investment Banking, and Special Purpose Vehicle (SPV), which are the Bank's strategic business units.
49GF Score

Get the complete analysis for NSA:STERLINGNG

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

₦8.00
Price
₦5.74
GF Value