SJF Bank AS (OCSE:SJF) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan 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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Charlie Tian
Charlie Tian
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.

OCSE:SJF SJF Bank AS OCSE:SJF
53 GF Score
Price kr476.50
GF Value kr285.08
Valuation Significantly Overvalued
! 9 Warning Signs
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What is SJF Bank AS Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SJF Bank AS  (OCSE:SJF) 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.


SJF Bank AS Cyclically Adjusted PS Ratio Related Terms


SJF Bank AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for SJF Bank AS'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.

SJF Bank AS Cyclically Adjusted PS Ratio Chart

SJF Bank AS 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 2.11 2.31 2.34 2.81 4.05

SJF Bank AS 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 3.36 3.78 4.05 3.32 3.92

SJF Bank AS Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, SJF Bank AS'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.


SJF Bank AS Cyclically Adjusted PS Ratio vs Banks Industry

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

* The bar in red indicates where SJF Bank AS's Cyclically Adjusted PS Ratio falls into.


OCSE:SJF
53GF Score
SJF Bank AS OCSE:SJF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SJF Bank AS 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.

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

For example, SJF Bank AS'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)
=29.036/122.9500*122.9500
=29.036

Current CPI (Jun. 2026) = 122.9500.

SJF Bank AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 21.622 100.200 26.531
201612 17.892 100.300 21.932
201703 22.365 101.200 27.172
201706 21.428 101.200 26.033
201709 21.214 101.800 25.621
201712 20.344 101.300 24.692
201803 22.424 101.700 27.109
201806 16.196 102.300 19.465
201809 15.696 102.400 18.846
201812 14.284 102.100 17.201
201903 16.497 102.900 19.711
201906 16.332 102.900 19.514
201909 15.871 102.900 18.963
201912 17.399 102.900 20.789
202003 17.422 103.300 20.736
202006 16.570 103.200 19.741
202009 18.220 103.500 21.644
202012 17.987 103.400 21.388
202103 19.238 104.300 22.678
202106 18.826 105.000 22.044
202109 18.235 105.800 21.191
202112 18.353 106.600 21.168
202203 17.064 109.900 19.090
202206 16.932 113.600 18.326
202209 20.790 116.400 21.960
202212 20.616 115.900 21.870
202303 22.407 117.300 23.486
202306 22.126 116.400 23.371
202309 23.073 117.400 24.164
202312 25.993 116.700 27.385
202403 27.232 118.400 28.279
202406 25.111 118.500 26.054
202409 26.743 118.900 27.654
202412 26.163 118.900 27.054
202503 27.970 120.200 28.610
202506 27.167 120.700 27.673
202509 27.771 121.600 28.079
202512 27.233 121.180 27.631
202603 29.432 121.670 29.742
202606 29.036 122.950 29.036

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 SJF Bank AS (OCSE:SJF) Overvalued in 2026?

Based on GuruFocus' analysis, SJF Bank AS stock appears to be overvalued. The current stock price of kr476.50 is trading 67.1% above its estimated GF Value™ of kr285.08. GuruFocus considers SJF Bank AS to be Significantly Overvalued.

Key valuation signals for OCSE:SJF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: kr285.08 vs. price of kr476.50 (67.1% above fair value)
  • GF Score™: 53/100 with 9 warning signs

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


SJF Bank AS Business Description

Other Exchanges 0RD0:UK4AC:Germany
Address Isefjords Alle 5, Holbaek, DNK, 4300
SJF Bank A/S provides banking products and services in Denmark. Its products and services include net banking, commercial insurance, mobile banking, rental of commercial lease, financing, insurance and pension.
53GF Score

Get the complete analysis for OCSE:SJF

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

kr476.50
Price
kr285.08
GF Value