SpareBank 1 Ringerike Hadeland (OSL:RING) Cyclically Adjusted PS Ratio: 6.12 (As of Jul. 13, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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OSL:RING SpareBank 1 Ringerike Hadeland OSL:RING
67 GF Score
Price kr424.00
GF Value kr400.89
Valuation Fairly Valued
! 5 Warning Signs
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What is SpareBank 1 Ringerike Hadeland Cyclically Adjusted PS Ratio?

SpareBank 1 Ringerike Hadeland OSL:RING -1.40% 67 Cyclically Adjusted PS Ratio is 6.12 as of Jul. 13, 2026, which is 9% above its 10-year median of 5.63. GuruFocus rates OSL:RING with a GF Score™ of 67/100 and a GF Value™ of kr400.89 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,306 Banks companies, SpareBank 1 Ringerike Hadeland ranks worse than 86.45% on this metric.

As of today (2026-07-13), SpareBank 1 Ringerike Hadeland's current share price is kr424.00. SpareBank 1 Ringerike Hadeland's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was kr69.32. SpareBank 1 Ringerike Hadeland's Cyclically Adjusted PS Ratio for today is 6.12.

The historical rank and industry rank for SpareBank 1 Ringerike Hadeland's Cyclically Adjusted PS Ratio or its related term are showing as below:

OSL:RING' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.23   Med: 5.63   Max: 7.55
Current: 6.12

During the past years, SpareBank 1 Ringerike Hadeland's highest Cyclically Adjusted PS Ratio was 7.55. The lowest was 1.23. And the median was 5.63.

OSL:RING's Cyclically Adjusted PS Ratio is ranked worse than
86.45% of 1306 companies
in the Banks industry
Industry Median: 3.34 vs OSL:RING: 6.12

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.

SpareBank 1 Ringerike Hadeland's adjusted revenue per share data for the three months ended in Mar. 2026 was kr21.136. 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 kr69.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SpareBank 1 Ringerike Hadeland  (OSL:RING) 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.


SpareBank 1 Ringerike Hadeland Cyclically Adjusted PS Ratio Related Terms


SpareBank 1 Ringerike Hadeland Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for SpareBank 1 Ringerike Hadeland'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.

SpareBank 1 Ringerike Hadeland Cyclically Adjusted PS Ratio Chart

SpareBank 1 Ringerike Hadeland 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 6.69 6.05 5.24 5.29 6.14

SpareBank 1 Ringerike Hadeland 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 5.92 5.87 5.97 6.14 6.46

SpareBank 1 Ringerike Hadeland Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, SpareBank 1 Ringerike Hadeland'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.


SpareBank 1 Ringerike Hadeland Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 Ringerike Hadeland's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where SpareBank 1 Ringerike Hadeland's Cyclically Adjusted PS Ratio falls into.


OSL:RING
67GF Score
SpareBank 1 Ringerike Hadeland OSL:RING
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SpareBank 1 Ringerike Hadeland 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.

SpareBank 1 Ringerike Hadeland's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=424.00/69.32
=6.12

* 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.

SpareBank 1 Ringerike Hadeland's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, SpareBank 1 Ringerike Hadeland'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)
=21.136/141.0300*141.0300
=21.136

Current CPI (Mar. 2026) = 141.0300.

SpareBank 1 Ringerike Hadeland Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 13.207 103.800 17.944
201609 14.529 104.200 19.664
201612 10.213 104.400 13.796
201703 11.862 105.000 15.932
201706 11.107 105.800 14.805
201709 10.601 105.900 14.118
201712 10.710 106.100 14.236
201803 12.137 107.300 15.952
201806 12.064 108.500 15.681
201809 11.379 109.500 14.656
201812 10.618 109.800 13.638
201903 13.460 110.400 17.194
201906 11.271 110.600 14.372
201909 11.967 111.100 15.191
201912 12.524 111.300 15.869
202003 10.781 111.200 13.673
202006 11.745 112.100 14.776
202009 9.813 112.900 12.258
202012 12.224 112.900 15.270
202103 13.674 114.600 16.828
202106 13.043 115.300 15.954
202109 12.901 117.500 15.484
202112 12.780 118.900 15.159
202203 13.614 119.800 16.027
202206 14.123 122.600 16.246
202209 13.930 125.600 15.641
202212 14.095 125.900 15.789
202303 15.894 127.600 17.567
202306 16.024 130.400 17.330
202309 18.136 129.800 19.705
202312 19.199 131.900 20.528
202403 19.325 132.600 20.554
202406 19.984 133.800 21.064
202409 24.517 133.700 25.861
202412 19.747 134.800 20.660
202503 21.019 136.100 21.780
202506 26.871 137.800 27.501
202509 21.637 138.500 22.032
202512 21.048 139.100 21.340
202603 21.136 141.030 21.136

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 6.12 mean?
SpareBank 1 Ringerike Hadeland (OSL:RING) has a Cyclically Adjusted PS Ratio of 6.12 as of Jul. 13, 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 SpareBank 1 Ringerike Hadeland and its competitors. This is near median its historical median of 5.63. Over the past decade, SpareBank 1 Ringerike Hadeland's Cyclically Adjusted PS Ratio has ranged from 1.23 to 7.55. According to the industry distribution chart, SpareBank 1 Ringerike Hadeland ranks #1129 out of 1306 companies in the Banks industry, placing it in the top 86.4%.
Is SpareBank 1 Ringerike Hadeland's Cyclically Adjusted PS Ratio too high?
SpareBank 1 Ringerike Hadeland's current Cyclically Adjusted PS Ratio of 6.12 is near median its 10-year median of 5.63. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 7.55. The Banks industry median Cyclically Adjusted PS Ratio is 3.34. SpareBank 1 Ringerike Hadeland's value of 6.12 is 83.2% above this industry median. Based on the distribution chart, SpareBank 1 Ringerike Hadeland ranks #1129 out of 1306 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, SpareBank 1 Ringerike Hadeland has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SpareBank 1 Ringerike Hadeland's Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, SpareBank 1 Ringerike Hadeland ranks #1129 out of 1306 companies for Cyclically Adjusted PS Ratio. This places SpareBank 1 Ringerike Hadeland in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.34. SpareBank 1 Ringerike Hadeland's value of 6.12 is 83.2% above this benchmark. Historically, SpareBank 1 Ringerike Hadeland's own Cyclically Adjusted PS Ratio has ranged from 1.23 to 7.55 over the past decade. While the company's 10-year median is 5.63 vs. the industry median of 3.34, SpareBank 1 Ringerike Hadeland 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 3.34, based on 1,306 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. SpareBank 1 Ringerike Hadeland's current Cyclically Adjusted PS Ratio of 6.12 is 83.2% 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 SpareBank 1 Ringerike Hadeland 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. SpareBank 1 Ringerike Hadeland's current Cyclically Adjusted PS Ratio is 6.12, which is near median its own 10-year median of 5.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SpareBank 1 Ringerike Hadeland stock overvalued right now?
Based on GuruFocus' analysis, SpareBank 1 Ringerike Hadeland (OSL:RING) is currently considered Fairly Valued. The stock's GF Value™ is kr400.89, compared to a current price of kr424.00 — trading 5.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.12, which is near median its 10-year median of 5.63 and 83.2% above the Banks industry median of 3.34. SpareBank 1 Ringerike Hadeland's overall GF Score™ is 67/100 with 5 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 SpareBank 1 Ringerike Hadeland (OSL:RING), the current Cyclically Adjusted PS Ratio is 6.12 as of Jul. 13, 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 SpareBank 1 Ringerike Hadeland (OSL:RING) Overvalued in 2026?

Based on GuruFocus' analysis, SpareBank 1 Ringerike Hadeland stock appears to be overvalued. The current stock price of kr424.00 is trading 5.8% above its estimated GF Value™ of kr400.89. GuruFocus considers SpareBank 1 Ringerike Hadeland to be Fairly Valued.

Key valuation signals for OSL:RING:

  • Cyclically Adjusted PS Ratio: 6.12 (near median its 10-year median of 5.63)
  • GF Value™: kr400.89 vs. price of kr424.00 (5.8% above fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 83.2% above the Banks median (#1129 of 1306)

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


SpareBank 1 Ringerike Hadeland Business Description

Address Sondre Torv 6, Honefoss, NOR, 3510
SpareBank 1 Ringerike Hadeland is a savings bank in Norway offering financing, placement, payment services, pensions, and life insurance. Its business is organized into two sections, personal and corporate market. The Bank serves less self-employed, agricultural, and business class customers as well. The Bank also provides credit cards, debit cards, structured products, stock savings, mobile banking and online banking services. The company has one segment, which is lending to finance commercial property, including lending that represents the joint debt of a condominium or housing association.
67GF Score

Get the complete analysis for OSL:RING

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

kr424.00
Price
kr400.89
GF Value