OTPBF (OTP Bank) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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.

OTPBF OTP Bank PLC OTPBF
72 GF Score
Price $151.25
GF Value $98.23
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is OTP Bank Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


OTP Bank  (OTCPK:OTPBF) 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.


OTP Bank Cyclically Adjusted PS Ratio Related Terms


OTP Bank Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for OTP Bank'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.

OTP Bank Cyclically Adjusted PS Ratio Chart

OTP Bank 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 3.09 1.05 1.57 2.10 4.07

OTP Bank 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 1.96 1.92 3.98 4.57 5.12

OTPBF vs USB, PNC: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, OTP Bank'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.


OTP Bank Cyclically Adjusted PS Ratio vs Banks Industry

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

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


OTPBF
72GF Score
OTP Bank PLC OTPBF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OTP Bank 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.

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

For example, OTP Bank'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)
=11.569/175.2400*175.2400
=11.569

Current CPI (Jun. 2026) = 175.2400.

OTP Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.702 100.370 4.718
201612 3.103 101.406 5.362
201703 2.703 102.147 4.637
201706 3.148 102.724 5.370
201709 3.257 102.902 5.547
201712 3.938 103.627 6.659
201803 3.363 104.219 5.655
201806 3.411 105.922 5.643
201809 3.538 106.588 5.817
201812 3.906 106.440 6.431
201903 3.795 108.068 6.154
201906 3.701 109.475 5.924
201909 4.236 109.623 6.772
201912 4.560 110.659 7.221
202003 4.177 112.287 6.519
202006 3.492 112.583 5.435
202009 4.007 113.398 6.192
202012 4.512 113.694 6.955
202103 4.215 116.358 6.348
202106 4.441 118.579 6.563
202109 4.666 119.541 6.840
202112 4.840 122.058 6.949
202203 4.818 126.351 6.682
202206 4.692 132.420 6.209
202209 4.443 143.597 5.422
202212 5.129 152.036 5.912
202303 6.993 158.105 7.751
202306 8.447 158.993 9.310
202309 6.429 161.140 6.992
202312 6.463 160.400 7.061
202403 6.844 163.879 7.318
202406 7.440 164.841 7.909
202409 8.078 165.877 8.534
202412 8.131 167.802 8.491
202503 7.991 171.577 8.162
202506 9.260 172.391 9.413
202509 9.909 173.060 10.034
202512 10.467 173.240 10.588
202603 10.070 174.650 10.104
202606 11.569 175.240 11.569

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 OTP Bank (OTPBF) Overvalued in 2026?

Based on GuruFocus' analysis, OTP Bank stock appears to be overvalued. The current stock price of $151.25 is trading 54% above its estimated GF Value™ of $98.23. GuruFocus considers OTP Bank to be Significantly Overvalued.

Key valuation signals for OTPBF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $98.23 vs. price of $151.25 (54% above fair value)
  • GF Score™: 72/100 with 6 warning signs

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


OTP Bank Business Description

Address 16, Nador Street, Budapest, HUN, 1051
OTP Bank PLC provides universal financial services through several subsidiaries. It performs banking operations via its bank in Hungary. The Group's operating segments are as follows: OTP Core Hungary, Russia, Ukraine, Bulgaria, Romania, Serbia, Croatia, Montenegro, Albania, Moldova, Slovenia, Uzbekistan, Merkantil Group, Asset Management subsidiaries, other subsidiaries, and Corporate Centre. The Bank provides comprehensive banking & other financial services to both retail & corporate customers: its activities include deposit collection from customers, raising money from the money & capital markets. It also offers mortgage loans, consumer credits, working capital & investment loans to companies and municipalities. A majority of the bank's net revenue is net interest income.
72GF Score

Get the complete analysis for OTPBF

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

$151.25
Price
$98.23
GF Value