SpareBank 1 Nordmore (OSL:SNOR) Cyclically Adjusted PS Ratio: 0.94 (As of Aug. 19, 2026) — 88% Above Median

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OSL:SNOR SpareBank 1 Nordmore OSL:SNOR
48 GF Score
Price kr184.00
GF Value kr153.42
Valuation Modestly Overvalued
! 6 Warning Signs
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What is SpareBank 1 Nordmore Cyclically Adjusted PS Ratio?

SpareBank 1 Nordmore OSL:SNOR 48 Cyclically Adjusted PS Ratio is 0.94 as of Aug. 19, 2026, which is 88% above its 10-year median of 0.50. GuruFocus rates OSL:SNOR with a GF Score™ of 48/100 and a GF Value™ of kr153.42 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,304 Banks companies, SpareBank 1 Nordmore ranks better than 92.41% on this metric.

As of today (2026-08-19), SpareBank 1 Nordmore's current share price is kr184.00. SpareBank 1 Nordmore's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was kr196.51. SpareBank 1 Nordmore's Cyclically Adjusted PS Ratio for today is 0.94.

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

OSL:SNOR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.5   Max: 0.98
Current: 0.94

During the past years, SpareBank 1 Nordmore's highest Cyclically Adjusted PS Ratio was 0.98. The lowest was 0.44. And the median was 0.50.

OSL:SNOR's Cyclically Adjusted PS Ratio is ranked better than
92.41% of 1304 companies
in the Banks industry
Industry Median: 3.44 vs OSL:SNOR: 0.94

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 Nordmore's adjusted revenue per share data for the three months ended in Jun. 2026 was kr34.014. 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 kr196.51 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SpareBank 1 Nordmore  (OSL:SNOR) 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 Nordmore Cyclically Adjusted PS Ratio Related Terms


SpareBank 1 Nordmore Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for SpareBank 1 Nordmore'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 Nordmore Cyclically Adjusted PS Ratio Chart

SpareBank 1 Nordmore 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 0.48 0.46 0.49 0.63 0.83

SpareBank 1 Nordmore 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 0.74 0.78 0.83 0.90 0.93

SpareBank 1 Nordmore Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, SpareBank 1 Nordmore'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 Nordmore Cyclically Adjusted PS Ratio vs Banks Industry

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

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


OSL:SNOR
48GF Score
SpareBank 1 Nordmore OSL:SNOR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=184.00/196.51
=0.94

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

For example, SpareBank 1 Nordmore'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)
=34.014/141.5800*141.5800
=34.014

Current CPI (Jun. 2026) = 141.5800.

SpareBank 1 Nordmore Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 88.376 104.200 120.079
201612 69.648 104.400 94.452
201703 84.320 105.000 113.695
201706 101.091 105.800 135.278
201709 40.919 105.900 54.705
201712 54.885 106.100 73.239
201803 52.934 107.300 69.845
201806 48.910 108.500 63.822
201809 39.990 109.500 51.706
201812 40.342 109.800 52.018
201903 67.923 110.400 87.106
201906 51.773 110.600 66.275
201909 46.628 111.100 59.420
201912 50.270 111.300 63.946
202003 42.066 111.200 53.558
202006 46.812 112.100 59.123
202009 50.379 112.900 63.177
202012 42.354 112.900 53.113
202103 49.487 114.600 61.138
202106 16.773 115.300 20.596
202109 18.760 117.500 22.605
202112 17.215 118.900 20.499
202203 22.953 119.800 27.126
202206 19.422 122.600 22.429
202209 19.422 125.600 21.893
202212 25.491 125.900 28.666
202303 22.624 127.600 25.103
202306 23.731 130.400 25.766
202309 23.949 129.800 26.122
202312 27.042 131.900 29.027
202403 27.373 132.600 29.227
202406 26.266 133.800 27.793
202409 29.246 133.700 30.970
202412 31.343 134.800 32.919
202503 25.935 136.100 26.979
202506 33.904 137.800 34.834
202509 28.802 138.500 29.443
202512 27.221 139.100 27.706
202603 25.562 141.030 25.662
202606 34.014 141.580 34.014

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 0.94 mean?
SpareBank 1 Nordmore (OSL:SNOR) has a Cyclically Adjusted PS Ratio of 0.94 as of Aug. 19, 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 Nordmore and its competitors. This is 88% above median its historical median of 0.50. Over the past decade, SpareBank 1 Nordmore's Cyclically Adjusted PS Ratio has ranged from 0.44 to 0.98. According to the industry distribution chart, SpareBank 1 Nordmore ranks #99 out of 1304 companies in the Banks industry, placing it in the top 7.6%.
Is SpareBank 1 Nordmore's Cyclically Adjusted PS Ratio too high?
SpareBank 1 Nordmore's current Cyclically Adjusted PS Ratio of 0.94 is 88% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 0.98. The Banks industry median Cyclically Adjusted PS Ratio is 3.44. SpareBank 1 Nordmore's value of 0.94 is 72.7% below this industry median. Based on the distribution chart, SpareBank 1 Nordmore ranks #99 out of 1304 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, SpareBank 1 Nordmore has a GF Score™ of 48/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SpareBank 1 Nordmore's Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, SpareBank 1 Nordmore ranks #99 out of 1304 companies for Cyclically Adjusted PS Ratio. This places SpareBank 1 Nordmore in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.44. SpareBank 1 Nordmore's value of 0.94 is 72.7% below this benchmark. Historically, SpareBank 1 Nordmore's own Cyclically Adjusted PS Ratio has ranged from 0.44 to 0.98 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 3.44, SpareBank 1 Nordmore 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 3.44, based on 1,304 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 Nordmore's current Cyclically Adjusted PS Ratio of 0.94 is 72.7% 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 SpareBank 1 Nordmore and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SpareBank 1 Nordmore's current Cyclically Adjusted PS Ratio is 0.94, which is 88% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SpareBank 1 Nordmore stock overvalued right now?
Based on GuruFocus' analysis, SpareBank 1 Nordmore (OSL:SNOR) is currently considered Modestly Overvalued. The stock's GF Value™ is kr153.42, compared to a current price of kr184.00 — trading 19.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.94, which is 88% above median its 10-year median of 0.50 and 72.7% below the Banks industry median of 3.44. SpareBank 1 Nordmore's overall GF Score™ is 48/100 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 SpareBank 1 Nordmore (OSL:SNOR), the current Cyclically Adjusted PS Ratio is 0.94 as of Aug. 19, 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 Nordmore (OSL:SNOR) Overvalued in 2026?

Based on GuruFocus' analysis, SpareBank 1 Nordmore stock appears to be overvalued. The current stock price of kr184.00 is trading 19.9% above its estimated GF Value™ of kr153.42. GuruFocus considers SpareBank 1 Nordmore to be Modestly Overvalued.

Key valuation signals for OSL:SNOR:

  • Cyclically Adjusted PS Ratio: 0.94 (88% above median its 10-year median of 0.50)
  • GF Value™: kr153.42 vs. price of kr184.00 (19.9% above fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 72.7% below the Banks median (#99 of 1304)

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


SpareBank 1 Nordmore Business Description

Other Exchanges MZ3:Germany
Address Hammersborggata 11, Oslo, NOR, 0179
SpareBank 1 Nordmore, formerly Sparebank 1 Nordvest is an independent and local bank in More og Romsdal. The company offers banking products and services including Private online banking Online banking business, Insurance, and Pension. It has one segment, which is lending to finance commercial property, including lending that represents the joint debt in a condominium or housing association.
48GF Score

Get the complete analysis for OSL:SNOR

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

kr184.00
Price
kr153.42
GF Value