Melhus Sparebank (STU:K15) Cyclically Adjusted PS Ratio: 1.63 (As of Aug. 06, 2026) — 16% Above Median

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STU:K15 Melhus Sparebank STU:K15
55 GF Score
Price €15.92
GF Value €14.50
! 6 Warning Signs
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What is Melhus Sparebank Cyclically Adjusted PS Ratio?

Melhus Sparebank STU:K15 -0.06% 55 Cyclically Adjusted PS Ratio is 1.63 as of Aug. 06, 2026, which is 16% above its 10-year median of 1.41. GuruFocus rates STU:K15 with a GF Score™ of 55/100 and a GF Value™ of €14.50. The stock has 6 warning signs investors should review. Among 1,299 Banks companies, Melhus Sparebank ranks better than 82.06% on this metric.

As of today (2026-08-06), Melhus Sparebank's current share price is €15.918. Melhus Sparebank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €9.78. Melhus Sparebank's Cyclically Adjusted PS Ratio for today is 1.63.

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

STU:K15' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.41   Max: 1.83
Current: 1.67

During the past years, Melhus Sparebank's highest Cyclically Adjusted PS Ratio was 1.83. The lowest was 0.95. And the median was 1.41.

STU:K15's Cyclically Adjusted PS Ratio is ranked better than
82.06% of 1299 companies
in the Banks industry
Industry Median: 3.41 vs STU:K15: 1.67

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.

Melhus Sparebank's adjusted revenue per share data for the three months ended in Mar. 2026 was €2.506. 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 €9.78 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Melhus Sparebank  (STU:K15) 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.


Melhus Sparebank Cyclically Adjusted PS Ratio Related Terms


Melhus Sparebank Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Melhus 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.

Melhus Sparebank Cyclically Adjusted PS Ratio Chart

Melhus 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 1.33 1.44 1.48 1.52 1.82

Melhus 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 1.53 1.63 1.53 1.82 1.70

Melhus Sparebank Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Melhus 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.


Melhus Sparebank Cyclically Adjusted PS Ratio vs Banks Industry

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

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


STU:K15
55GF Score
Melhus Sparebank STU:K15
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Melhus 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.918/9.78
=1.63

* 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.

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

For example, Melhus 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)
=2.506/141.0300*141.0300
=2.506

Current CPI (Mar. 2026) = 141.0300.

Melhus Sparebank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.469 103.800 3.355
201609 2.058 104.200 2.785
201612 2.188 104.400 2.956
201703 2.253 105.000 3.026
201706 2.379 105.800 3.171
201709 2.178 105.900 2.901
201712 1.669 106.100 2.218
201803 1.747 107.300 2.296
201806 2.111 108.500 2.744
201809 1.860 109.500 2.396
201812 1.726 109.800 2.217
201903 1.748 110.400 2.233
201906 1.896 110.600 2.418
201909 2.002 111.100 2.541
201912 2.035 111.300 2.579
202003 1.586 111.200 2.011
202006 2.001 112.100 2.517
202009 1.679 112.900 2.097
202012 1.759 112.900 2.197
202103 1.842 114.600 2.267
202106 2.345 115.300 2.868
202109 1.974 117.500 2.369
202112 2.040 118.900 2.420
202203 2.051 119.800 2.414
202206 2.596 122.600 2.986
202209 2.255 125.600 2.532
202212 2.319 125.900 2.598
202303 2.199 127.600 2.430
202306 3.516 130.400 3.803
202309 2.472 129.800 2.686
202312 2.568 131.900 2.746
202403 2.429 132.600 2.583
202406 2.885 133.800 3.041
202409 2.535 133.700 2.674
202412 2.817 134.800 2.947
202503 2.563 136.100 2.656
202506 3.044 137.800 3.115
202509 2.500 138.500 2.546
202512 2.678 139.100 2.715
202603 2.506 141.030 2.506

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 1.63 mean?
Melhus Sparebank (STU:K15) has a Cyclically Adjusted PS Ratio of 1.63 as of Aug. 06, 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 Melhus Sparebank and its competitors. This is 16% above median its historical median of 1.41. Over the past decade, Melhus Sparebank's Cyclically Adjusted PS Ratio has ranged from 0.95 to 1.83. According to the industry distribution chart, Melhus Sparebank ranks #233 out of 1299 companies in the Banks industry, placing it in the top 17.9%.
Is Melhus Sparebank's Cyclically Adjusted PS Ratio too high?
Melhus Sparebank's current Cyclically Adjusted PS Ratio of 1.63 is 16% above median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 1.83. The Banks industry median Cyclically Adjusted PS Ratio is 3.41. Melhus Sparebank's value of 1.63 is 52.2% below this industry median. Based on the distribution chart, Melhus Sparebank ranks #233 out of 1299 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Melhus Sparebank has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Melhus Sparebank's Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, Melhus Sparebank ranks #233 out of 1299 companies for Cyclically Adjusted PS Ratio. This places Melhus Sparebank in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.41. Melhus Sparebank's value of 1.63 is 52.2% below this benchmark. Historically, Melhus Sparebank's own Cyclically Adjusted PS Ratio has ranged from 0.95 to 1.83 over the past decade. While the company's 10-year median is 1.41 vs. the industry median of 3.41, Melhus 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 3.41, based on 1,299 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. Melhus Sparebank's current Cyclically Adjusted PS Ratio of 1.63 is 52.2% 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 Melhus Sparebank and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Melhus Sparebank's current Cyclically Adjusted PS Ratio is 1.63, which is 16% above median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melhus Sparebank stock overvalued right now?
Melhus Sparebank (STU:K15) has a current Cyclically Adjusted PS Ratio of 1.63. The stock's GF Value™ is €14.50, compared to a current price of €15.92 — trading 9.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.63, which is 16% above median its 10-year median of 1.41 and 52.2% below the Banks industry median of 3.41. Melhus 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 Melhus Sparebank (STU:K15), the current Cyclically Adjusted PS Ratio is 1.63 as of Aug. 06, 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 Melhus Sparebank (STU:K15) Overvalued in 2026?

Based on GuruFocus' analysis, Melhus Sparebank stock appears to be overvalued. The current stock price of €15.92 is trading 9.8% above its estimated GF Value™ of €14.50.

Key valuation signals for STU:K15:

  • Cyclically Adjusted PS Ratio: 1.63 (16% above median its 10-year median of 1.41)
  • GF Value™: €14.50 vs. price of €15.92 (9.8% above fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 52.2% below the Banks median (#233 of 1299)

No single metric tells the full story. See the STU:K15 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Melhus Sparebank Business Description

Other Exchanges MELG:Norway
Address Melhus Road 439, Melhus, NOR, 7224
Melhus Sparebank is a savings bank that offers a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.
55GF Score

Get the complete analysis for STU:K15

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

€15.92
Price
€14.50
GF Value