Aasen Sparebank (OSL:AASB) Cyclically Adjusted PS Ratio: 1.03 (As of Jul. 16, 2026) — Near Median

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OSL:AASB Aasen Sparebank OSL:AASB
55 GF Score
Price kr138.46
GF Value kr133.26
Valuation Fairly Valued
! 6 Warning Signs
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What is Aasen Sparebank Cyclically Adjusted PS Ratio?

Aasen Sparebank OSL:AASB +3.31% 55 Cyclically Adjusted PS Ratio is 1.03 as of Jul. 16, 2026, which is 5% above its 10-year median of 0.98. GuruFocus rates OSL:AASB with a GF Score™ of 55/100 and a GF Value™ of kr133.26 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,302 Banks companies, Aasen Sparebank ranks better than 90.4% on this metric.

As of today (2026-07-16), Aasen Sparebank's current share price is kr138.46. Aasen Sparebank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was kr133.95. Aasen Sparebank's Cyclically Adjusted PS Ratio for today is 1.03.

The historical rank and industry rank for Aasen Sparebank's Cyclically Adjusted PS Ratio or its related term are showing as below:

OSL:AASB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.91   Med: 0.98   Max: 1.14
Current: 1.04

During the past years, Aasen Sparebank's highest Cyclically Adjusted PS Ratio was 1.14. The lowest was 0.91. And the median was 0.98.

OSL:AASB's Cyclically Adjusted PS Ratio is ranked better than
90.4% of 1302 companies
in the Banks industry
Industry Median: 3.34 vs OSL:AASB: 1.04

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.

Aasen Sparebank's adjusted revenue per share data for the three months ended in Mar. 2026 was kr29.134. 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 kr133.95 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aasen Sparebank  (OSL:AASB) 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.


Aasen Sparebank Cyclically Adjusted PS Ratio Related Terms


Aasen Sparebank Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Aasen Sparebank'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.

Aasen Sparebank Cyclically Adjusted PS Ratio Chart

Aasen Sparebank 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 0.00 0.97 1.06

Aasen Sparebank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.91 0.92 0.94 1.06 1.05

Aasen Sparebank Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Aasen Sparebank'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.


Aasen Sparebank Cyclically Adjusted PS Ratio vs Banks Industry

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

* The bar in red indicates where Aasen Sparebank's Cyclically Adjusted PS Ratio falls into.


OSL:AASB
55GF Score
Aasen Sparebank OSL:AASB
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aasen Sparebank 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.

Aasen Sparebank's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=138.46/133.95
=1.03

* 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.

Aasen Sparebank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Aasen Sparebank's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=29.134/141.0300*141.0300
=29.134

Current CPI (Mar. 2026) = 141.0300.

Aasen Sparebank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 28.473 103.800 38.685
201609 75.248 104.200 101.845
201612 23.925 104.400 32.319
201703 20.616 105.000 27.690
201706 23.934 105.800 31.904
201709 66.961 105.900 89.174
201712 22.354 106.100 29.713
201803 20.402 107.300 26.815
201806 23.618 108.500 30.699
201809 21.628 109.500 27.856
201812 23.024 109.800 29.573
201903 22.344 110.400 28.543
201906 26.653 110.600 33.986
201909 25.450 111.100 32.306
201912 26.267 111.300 33.283
202003 22.321 111.200 28.309
202006 30.884 112.100 38.854
202009 26.366 112.900 32.935
202012 22.204 112.900 27.736
202103 24.815 114.600 30.538
202106 30.367 115.300 37.144
202109 27.330 117.500 32.803
202112 21.615 118.900 25.638
202203 24.366 119.800 28.684
202206 29.260 122.600 33.659
202209 28.771 125.600 32.306
202212 18.626 125.900 20.864
202303 24.137 127.600 26.677
202306 25.492 130.400 27.570
202309 25.730 129.800 27.956
202312 27.080 131.900 28.954
202403 26.434 132.600 28.115
202406 27.851 133.800 29.356
202409 26.842 133.700 28.314
202412 30.063 134.800 31.452
202503 26.160 136.100 27.108
202506 28.870 137.800 29.547
202509 29.323 138.500 29.859
202512 31.165 139.100 31.597
202603 29.134 141.030 29.134

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 1.03 mean?
Aasen Sparebank (OSL:AASB) has a Cyclically Adjusted PS Ratio of 1.03 as of Jul. 16, 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 Aasen Sparebank and its competitors. This is near median its historical median of 0.98. Over the past decade, Aasen Sparebank's Cyclically Adjusted PS Ratio has ranged from 0.91 to 1.14. According to the industry distribution chart, Aasen Sparebank ranks #125 out of 1302 companies in the Banks industry, placing it in the top 9.6%.
Is Aasen Sparebank's Cyclically Adjusted PS Ratio too high?
Aasen Sparebank's current Cyclically Adjusted PS Ratio of 1.03 is near median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 1.14. The Banks industry median Cyclically Adjusted PS Ratio is 3.34. Aasen Sparebank's value of 1.03 is 69.2% below this industry median. Based on the distribution chart, Aasen Sparebank ranks #125 out of 1302 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Aasen Sparebank has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aasen Sparebank's Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, Aasen Sparebank ranks #125 out of 1302 companies for Cyclically Adjusted PS Ratio. This places Aasen Sparebank in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.34. Aasen Sparebank's value of 1.03 is 69.2% below this benchmark. Historically, Aasen Sparebank's own Cyclically Adjusted PS Ratio has ranged from 0.91 to 1.14 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 3.34, Aasen Sparebank 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 3.34, 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. Aasen Sparebank's current Cyclically Adjusted PS Ratio of 1.03 is 69.2% 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 Aasen Sparebank and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aasen Sparebank's current Cyclically Adjusted PS Ratio is 1.03, which is near median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aasen Sparebank stock overvalued right now?
Based on GuruFocus' analysis, Aasen Sparebank (OSL:AASB) is currently considered Fairly Valued. The stock's GF Value™ is kr133.26, compared to a current price of kr138.46 — trading 3.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.03, which is near median its 10-year median of 0.98 and 69.2% below the Banks industry median of 3.34. Aasen Sparebank's overall GF Score™ is 55/100 with 6 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 Aasen Sparebank (OSL:AASB), the current Cyclically Adjusted PS Ratio is 1.03 as of Jul. 16, 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 Aasen Sparebank (OSL:AASB) Overvalued in 2026?

Based on GuruFocus' analysis, Aasen Sparebank stock appears to be overvalued. The current stock price of kr138.46 is trading 3.9% above its estimated GF Value™ of kr133.26. GuruFocus considers Aasen Sparebank to be Fairly Valued.

Key valuation signals for OSL:AASB:

  • Cyclically Adjusted PS Ratio: 1.03 (near median its 10-year median of 0.98)
  • GF Value™: kr133.26 vs. price of kr138.46 (3.9% above fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 69.2% below the Banks median (#125 of 1302)

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


Aasen Sparebank Business Description

Address Stasjonsvegen 1, P.O. Box 33, Asen, NOR, 7631
Aasen Sparebank is a local savings bank. It offers a full-service concept for banking and financial services, both for private and agricultural customers, as well as for small and medium-sized businesses. The company's services include Mortgage, Car loans, Loans and refinancing, Insurance, Online and Mobile Banking, Deposits and others.
55GF Score

Get the complete analysis for OSL:AASB

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

kr138.46
Price
kr133.26
GF Value