WTBA (West Bancorp) Cyclically Adjusted PS Ratio: 4.92 (As of Aug. 18, 2026) — Near Median

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WTBA West Bancorp Inc WTBA
60 GF Score
Price $29.92
GF Value $25.29
Valuation Modestly Overvalued
! 7 Warning Signs
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What is West Bancorp Cyclically Adjusted PS Ratio?

West Bancorp WTBA +0.30% 60 Cyclically Adjusted PS Ratio is 4.92 as of Aug. 18, 2026, which is 1% below its 10-year median of 4.95. GuruFocus rates WTBA with a GF Score™ of 60/100 and a GF Value™ of $25.29 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,304 Banks companies, West Bancorp ranks worse than 75.69% on this metric.

As of today (2026-08-18), West Bancorp's current share price is $29.92. West Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $6.08. West Bancorp's Cyclically Adjusted PS Ratio for today is 4.92.

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

WTBA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.79   Med: 4.95   Max: 7.55
Current: 4.92

During the past years, West Bancorp's highest Cyclically Adjusted PS Ratio was 7.55. The lowest was 2.79. And the median was 4.95.

WTBA's Cyclically Adjusted PS Ratio is ranked worse than
75.69% of 1304 companies
in the Banks industry
Industry Median: 3.45 vs WTBA: 4.92

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.

West Bancorp's adjusted revenue per share data for the three months ended in Jun. 2026 was $1.622. 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 $6.08 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


West Bancorp  (NAS:WTBA) 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.


West Bancorp Cyclically Adjusted PS Ratio Related Terms


West Bancorp Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for West 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.

West Bancorp Cyclically Adjusted PS Ratio Chart

West 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 6.54 4.83 3.84 3.82 3.79

West Bancorp 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 3.37 3.46 3.79 3.97 4.36

WTBA vs PBAM, BMRC, CBAN: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, West 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.


West Bancorp Cyclically Adjusted PS Ratio vs Banks Industry

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

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


WTBA
60GF Score
West Bancorp Inc WTBA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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West 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.92/6.08
=4.92

* 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.

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

For example, West Bancorp'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)
=1.622/333.9520*333.9520
=1.622

Current CPI (Jun. 2026) = 333.9520.

West Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.014 241.428 1.403
201612 1.000 241.432 1.383
201703 1.007 243.801 1.379
201706 1.061 244.955 1.446
201709 1.051 246.819 1.422
201712 1.085 246.524 1.470
201803 1.050 249.554 1.405
201806 1.051 251.989 1.393
201809 1.079 252.439 1.427
201812 1.076 251.233 1.430
201903 1.075 254.202 1.412
201906 1.090 256.143 1.421
201909 1.163 256.759 1.513
201912 1.207 256.974 1.569
202003 1.263 258.115 1.634
202006 1.358 257.797 1.759
202009 1.466 260.280 1.881
202012 1.477 260.474 1.894
202103 1.524 264.877 1.921
202106 1.505 271.696 1.850
202109 1.589 274.310 1.934
202112 1.592 278.802 1.907
202203 1.549 287.504 1.799
202206 1.572 296.311 1.772
202209 1.557 296.808 1.752
202212 1.394 296.797 1.569
202303 1.279 301.836 1.415
202306 1.169 305.109 1.280
202309 1.151 307.789 1.249
202312 1.116 306.746 1.215
202403 1.125 312.332 1.203
202406 1.153 314.175 1.226
202409 1.191 315.301 1.261
202412 1.220 315.605 1.291
202503 1.341 319.799 1.400
202506 1.391 322.561 1.440
202509 1.458 324.800 1.499
202512 1.358 324.054 1.399
202603 1.551 330.213 1.569
202606 1.622 333.952 1.622

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 4.92 mean?
West Bancorp (WTBA) has a Cyclically Adjusted PS Ratio of 4.92 as of Aug. 18, 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 West Bancorp and its competitors. This is near median its historical median of 4.95. Over the past decade, West Bancorp's Cyclically Adjusted PS Ratio has ranged from 2.79 to 7.55. According to the industry distribution chart, West Bancorp ranks #987 out of 1304 companies in the Banks industry, placing it in the top 75.7%.
Is West Bancorp's Cyclically Adjusted PS Ratio too high?
West Bancorp's current Cyclically Adjusted PS Ratio of 4.92 is near median its 10-year median of 4.95. Over the past 10 years, this metric has ranged from a low of 2.79 to a high of 7.55. The Banks industry median Cyclically Adjusted PS Ratio is 3.45. West Bancorp's value of 4.92 is 42.6% above this industry median. Based on the distribution chart, West Bancorp ranks #987 out of 1304 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, West Bancorp has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does West Bancorp's Cyclically Adjusted PS Ratio compare to PBAM and BMRC?
According to the Banks industry distribution chart, West Bancorp ranks #987 out of 1304 companies for Cyclically Adjusted PS Ratio. This places West Bancorp in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.45. West Bancorp's value of 4.92 is 42.6% above this benchmark. Historically, West Bancorp's own Cyclically Adjusted PS Ratio has ranged from 2.79 to 7.55 over the past decade. While the company's 10-year median is 4.95 vs. the industry median of 3.45, West 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 3.45, 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. West Bancorp's current Cyclically Adjusted PS Ratio of 4.92 is 42.6% 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 West Bancorp and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West Bancorp's current Cyclically Adjusted PS Ratio is 4.92, which is near median its own 10-year median of 4.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Bancorp stock overvalued right now?
Based on GuruFocus' analysis, West Bancorp (WTBA) is currently considered Modestly Overvalued. The stock's GF Value™ is $25.29, compared to a current price of $29.92 — trading 18.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.92, which is near median its 10-year median of 4.95 and 42.6% above the Banks industry median of 3.45. West Bancorp's overall GF Score™ is 60/100 with 7 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 West Bancorp (WTBA), the current Cyclically Adjusted PS Ratio is 4.92 as of Aug. 18, 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 West Bancorp (WTBA) Overvalued in 2026?

Based on GuruFocus' analysis, West Bancorp stock appears to be overvalued. The current stock price of $29.92 is trading 18.3% above its estimated GF Value™ of $25.29. GuruFocus considers West Bancorp to be Modestly Overvalued.

Key valuation signals for WTBA:

  • Cyclically Adjusted PS Ratio: 4.92 (near median its 10-year median of 4.95)
  • GF Value™: $25.29 vs. price of $29.92 (18.3% above fair value)
  • GF Score™: 60/100 with 7 warning signs
  • Industry Position: 42.6% above the Banks median (#987 of 1304)

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


West Bancorp Business Description

Other Exchanges WB3:Germany
Address 3330 Westown Parkway, West Des Moines, IA, USA, 50266
West Bancorp Inc is a United States-based company that offers a full range of deposit services, including checking, savings, and money market accounts and time certificates of deposit. West Bank also offers online banking, mobile banking, and treasury management services, which help to meet the banking needs of its customers. Treasury management services offered to business customers include cash management, client-generated automated clearing house transactions, remote deposit, and fraud protection services. Also offered are merchant credit card processing and corporate credit cards. The bank operates only in the United States of America.
60GF Score

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

$29.92
Price
$25.29
GF Value