SYBT (Stock Yards Bancorp) Cyclically Adjusted PS Ratio: 7.55 (As of Jul. 17, 2026) — 16% Above Median

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SYBT Stock Yards Bancorp Inc SYBT
69 GF Score
Price $82.23
GF Value $73.80
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Stock Yards Bancorp Cyclically Adjusted PS Ratio?

Stock Yards Bancorp SYBT +4.51% 69 Cyclically Adjusted PS Ratio is 7.55 as of Jul. 17, 2026, which is 16% above its 10-year median of 6.52. GuruFocus rates SYBT with a GF Score™ of 69/100 and a GF Value™ of $73.80 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,303 Banks companies, Stock Yards Bancorp ranks worse than 93.09% on this metric.

As of today (2026-07-17), Stock Yards Bancorp's current share price is $82.23. Stock Yards Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $10.89. Stock Yards Bancorp's Cyclically Adjusted PS Ratio for today is 7.55.

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

SYBT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.99   Med: 6.52   Max: 9.55
Current: 7.55

During the past years, Stock Yards Bancorp's highest Cyclically Adjusted PS Ratio was 9.55. The lowest was 3.99. And the median was 6.52.

SYBT's Cyclically Adjusted PS Ratio is ranked worse than
93.09% of 1303 companies
in the Banks industry
Industry Median: 3.37 vs SYBT: 7.55

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.

Stock Yards Bancorp's adjusted revenue per share data for the three months ended in Mar. 2026 was $3.410. 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 $10.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stock Yards Bancorp  (NAS:SYBT) 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.


Stock Yards Bancorp Cyclically Adjusted PS Ratio Related Terms


Stock Yards Bancorp Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Stock Yards Bancorp'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.

Stock Yards Bancorp Cyclically Adjusted PS Ratio Chart

Stock Yards Bancorp 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 8.57 7.79 5.69 7.34 6.15

Stock Yards Bancorp 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 6.91 7.73 6.71 6.15 6.09

SYBT vs NWBI, MBIN, BANR: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, Stock Yards Bancorp'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.


Stock Yards Bancorp Cyclically Adjusted PS Ratio vs Banks Industry

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

* The bar in red indicates where Stock Yards Bancorp's Cyclically Adjusted PS Ratio falls into.


SYBT
69GF Score
Stock Yards Bancorp Inc SYBT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stock Yards Bancorp 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.

Stock Yards Bancorp's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=82.23/10.89
=7.55

* 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.

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

For example, Stock Yards Bancorp'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)
=3.41/330.2130*330.2130
=3.410

Current CPI (Mar. 2026) = 330.2130.

Stock Yards Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.530 241.018 2.096
201609 1.584 241.428 2.167
201612 1.555 241.432 2.127
201703 1.558 243.801 2.110
201706 1.599 244.955 2.156
201709 1.616 246.819 2.162
201712 1.673 246.524 2.241
201803 1.642 249.554 2.173
201806 1.721 251.989 2.255
201809 1.714 252.439 2.242
201812 1.780 251.233 2.340
201903 1.748 254.202 2.271
201906 1.847 256.143 2.381
201909 1.958 256.759 2.518
201912 1.983 256.974 2.548
202003 1.950 258.115 2.495
202006 2.003 257.797 2.566
202009 2.021 260.280 2.564
202012 2.161 260.474 2.740
202103 2.229 264.877 2.779
202106 2.313 271.696 2.811
202109 2.306 274.310 2.776
202112 2.367 278.802 2.803
202203 2.424 287.504 2.784
202206 2.633 296.311 2.934
202209 2.814 296.808 3.131
202212 2.910 296.797 3.238
202303 2.850 301.836 3.118
202306 2.805 305.109 3.036
202309 2.804 307.789 3.008
202312 2.892 306.746 3.113
202403 2.779 312.332 2.938
202406 2.854 314.175 3.000
202409 2.988 315.301 3.129
202412 3.108 315.605 3.252
202503 3.109 319.799 3.210
202506 3.248 322.561 3.325
202509 3.371 324.800 3.427
202512 3.474 324.054 3.540
202603 3.410 330.213 3.410

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 7.55 mean?
Stock Yards Bancorp (SYBT) has a Cyclically Adjusted PS Ratio of 7.55 as of Jul. 17, 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 Stock Yards Bancorp and its competitors. This is 16% above median its historical median of 6.52. Over the past decade, Stock Yards Bancorp's Cyclically Adjusted PS Ratio has ranged from 3.99 to 9.55. According to the industry distribution chart, Stock Yards Bancorp ranks #1213 out of 1303 companies in the Banks industry, placing it in the top 93.1%.
Is Stock Yards Bancorp's Cyclically Adjusted PS Ratio too high?
Stock Yards Bancorp's current Cyclically Adjusted PS Ratio of 7.55 is 16% above median its 10-year median of 6.52. Over the past 10 years, this metric has ranged from a low of 3.99 to a high of 9.55. The Banks industry median Cyclically Adjusted PS Ratio is 3.37. Stock Yards Bancorp's value of 7.55 is 124% above this industry median. Based on the distribution chart, Stock Yards Bancorp ranks #1213 out of 1303 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Stock Yards Bancorp has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Stock Yards Bancorp's Cyclically Adjusted PS Ratio compare to NWBI and MBIN?
According to the Banks industry distribution chart, Stock Yards Bancorp ranks #1213 out of 1303 companies for Cyclically Adjusted PS Ratio. This places Stock Yards Bancorp in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.37. Stock Yards Bancorp's value of 7.55 is 124% above this benchmark. Historically, Stock Yards Bancorp's own Cyclically Adjusted PS Ratio has ranged from 3.99 to 9.55 over the past decade. While the company's 10-year median is 6.52 vs. the industry median of 3.37, Stock Yards Bancorp 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 3.37, based on 1,303 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. Stock Yards Bancorp's current Cyclically Adjusted PS Ratio of 7.55 is 124% 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 Stock Yards Bancorp and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stock Yards Bancorp's current Cyclically Adjusted PS Ratio is 7.55, which is 16% above median its own 10-year median of 6.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stock Yards Bancorp stock overvalued right now?
Based on GuruFocus' analysis, Stock Yards Bancorp (SYBT) is currently considered Modestly Overvalued. The stock's GF Value™ is $73.80, compared to a current price of $82.23 — trading 11.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.55, which is 16% above median its 10-year median of 6.52 and 124% above the Banks industry median of 3.37. Stock Yards Bancorp's overall GF Score™ is 69/100 with 8 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 Stock Yards Bancorp (SYBT), the current Cyclically Adjusted PS Ratio is 7.55 as of Jul. 17, 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 Stock Yards Bancorp (SYBT) Overvalued in 2026?

Based on GuruFocus' analysis, Stock Yards Bancorp stock appears to be overvalued. The current stock price of $82.23 is trading 11.4% above its estimated GF Value™ of $73.80. GuruFocus considers Stock Yards Bancorp to be Modestly Overvalued.

Key valuation signals for SYBT:

  • Cyclically Adjusted PS Ratio: 7.55 (16% above median its 10-year median of 6.52)
  • GF Value™: $73.80 vs. price of $82.23 (11.4% above fair value)
  • GF Score™: 69/100 with 8 warning signs
  • Industry Position: 124% above the Banks median (#1213 of 1303)

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


Stock Yards Bancorp Business Description

Other Exchanges S4Y:Germany
Address 1040 East Main Street, Louisville, KY, USA, 40206
Stock Yards Bancorp Inc operates as a bank holding company providing commercial banking and wealth management services. Its Commercial Banking segment offers loan and deposit products to consumers and businesses, including retail and mortgage lending, deposit services, online and mobile banking, private banking, commercial and real estate lending, treasury and merchant services, international and correspondent banking, credit cards, and brokerage services through a third-party broker-dealer. Its Wealth Management and Trust (WM&T) segment provides investment management, financial and retirement planning, trust and estate services, and retirement plan management, with WM&T revenue distinguishing the company from similarly sized community banks.
69GF Score

Get the complete analysis for SYBT

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

$82.23
Price
$73.80
GF Value