Arion banki hf (OSTO:ARION SDB) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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

OSTO:ARION SDB Arion banki hf OSTO:ARION SDB
63 GF Score
Price kr14.64
GF Value kr15.46
Valuation Fairly Valued
! 1 Warning Sign
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What is Arion banki hf Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Arion banki hf  (OSTO:ARION SDB) 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.


Arion banki hf Cyclically Adjusted PS Ratio Related Terms


Arion banki hf Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Arion banki hf'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.

Arion banki hf Cyclically Adjusted PS Ratio Chart

Arion banki hf 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 5.77 4.06 3.49 3.80 3.82

Arion banki hf 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 3.45 3.64 3.79 3.33 3.48

OSTO:ARION SDB vs USB, PNC: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, Arion banki hf'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.


Arion banki hf Cyclically Adjusted PS Ratio vs Banks Industry

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

* The bar in red indicates where Arion banki hf's Cyclically Adjusted PS Ratio falls into.


OSTO:ARION SDB
63GF Score
Arion banki hf OSTO:ARION SDB
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Arion banki hf 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.

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

For example, Arion banki hf'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)
=1.431/161.3100*161.3100
=1.431

Current CPI (Jun. 2026) = 161.3100.

Arion banki hf Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.549 102.457 0.864
201612 0.696 102.562 1.095
201703 0.673 102.768 1.056
201706 0.818 103.496 1.275
201709 0.669 103.871 1.039
201712 0.033 104.481 0.051
201803 0.548 105.600 0.837
201806 0.657 106.206 0.998
201809 0.623 106.727 0.942
201812 0.544 108.388 0.810
201903 0.584 108.702 0.867
201906 0.630 109.758 0.926
201909 0.603 109.922 0.885
201912 0.638 110.588 0.931
202003 0.510 111.019 0.741
202006 0.649 112.667 0.929
202009 0.574 113.772 0.814
202012 0.643 114.542 0.906
202103 0.600 115.833 0.836
202106 0.718 117.451 0.986
202109 0.697 118.723 0.947
202112 0.749 120.398 1.004
202203 0.797 123.555 1.041
202206 0.754 127.809 0.952
202209 0.846 129.810 1.051
202212 0.974 131.901 1.191
202303 1.012 135.674 1.203
202306 1.017 139.150 1.179
202309 1.043 140.147 1.200
202312 1.155 142.125 1.311
202403 1.012 144.910 1.127
202406 1.155 147.267 1.265
202409 1.161 147.722 1.268
202412 1.230 148.871 1.333
202503 1.180 150.393 1.266
202506 1.276 153.367 1.342
202509 1.373 153.800 1.440
202512 1.294 155.560 1.342
202603 1.372 158.510 1.396
202606 1.431 161.310 1.431

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 Arion banki hf (OSTO:ARION SDB) Overvalued in 2026?

Based on GuruFocus' analysis, Arion banki hf stock appears to be undervalued. The current stock price of kr14.64 is trading 5.3% below its estimated GF Value™ of kr15.46. GuruFocus considers Arion banki hf to be Fairly Valued.

Key valuation signals for OSTO:ARION SDB:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: kr15.46 vs. price of kr14.64 (5.3% below fair value)
  • GF Score™: 63/100 with 1 warning sign

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


Arion banki hf Business Description

Other Exchanges ARION:IcelandAB7A:Germany
Address Borgartun 19, Reykjavik, ISL, 105
Arion banki hf is a universal relationship bank operating in the Icelandic financial market. Its operating segments are Markets & Stefnir, Corporate & Investment Banking, Retail Banking, Treasury, Other subsidiaries, and Supporting units. The Corporate & Investment Banking segment of the company generates the majority of the revenue and is engaged in providing comprehensive financial services to companies and investors both in Iceland and internationally.
63GF Score

Get the complete analysis for OSTO:ARION SDB

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

kr14.64
Price
kr15.46
GF Value