Nova Banka AD (XBLB:NOVB-R-E) Cyclically Adjusted PS Ratio: 0.54 (As of Jul. 15, 2026)

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What is Nova Banka AD Cyclically Adjusted PS Ratio?

Nova Banka AD XBLB:NOVB-R-E Cyclically Adjusted PS Ratio is 0.54 as of Jul. 15, 2026.

As of today (2026-07-15), Nova Banka AD's current share price is BAM0.50. Nova Banka AD's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 was BAM0.92. Nova Banka AD's Cyclically Adjusted PS Ratio for today is 0.54.

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

XBLB:NOVB-R-E's Cyclically Adjusted PS Ratio is not ranked *
in the Banks industry.
Industry Median: 3.34
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Nova Banka AD's adjusted revenue per share data of for the fiscal year that ended in Dec24 was BAM1.237. 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 BAM0.92 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nova Banka AD  (XBLB:NOVB-R-E) 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.


Nova Banka AD Cyclically Adjusted PS Ratio Related Terms


Nova Banka AD Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nova Banka AD'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.

Nova Banka AD Cyclically Adjusted PS Ratio Chart

Nova Banka AD Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.74 0.63 0.59 0.54

Nova Banka AD Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.63 0.00 0.59 0.00 0.54

Nova Banka AD Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Nova Banka AD'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.


Nova Banka AD Cyclically Adjusted PS Ratio vs Banks Industry

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

* The bar in red indicates where Nova Banka AD's Cyclically Adjusted PS Ratio falls into.



Nova Banka AD 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.

Nova Banka AD's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.50/0.92
=0.54

* 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.

Nova Banka AD's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Nova Banka AD's adjusted Revenue per Share data for the fiscal year that ended in Dec24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=1.237/315.6050*315.6050
=1.237

Current CPI (Dec24) = 315.6050.

Nova Banka AD Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.552 236.525 0.737
201612 0.566 241.432 0.740
201712 0.611 246.524 0.782
201812 0.636 251.233 0.799
201912 0.640 256.974 0.786
202012 0.647 260.474 0.784
202112 0.534 278.802 0.604
202212 1.521 296.797 1.617
202312 1.081 306.746 1.112
202412 1.237 315.605 1.237

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 0.54 mean?
Nova Banka AD (XBLB:NOVB-R-E) has a Cyclically Adjusted PS Ratio of 0.54 as of Jul. 15, 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 Nova Banka AD and its competitors.
Is Nova Banka AD's Cyclically Adjusted PS Ratio too high?
Nova Banka AD's current Cyclically Adjusted PS Ratio is 0.54. The Banks industry median Cyclically Adjusted PS Ratio is 3.34. Nova Banka AD's value of 0.54 is 83.8% below this industry median.
How does Nova Banka AD's Cyclically Adjusted PS Ratio compare to competitors?
Nova Banka AD's Cyclically Adjusted PS Ratio of 0.54 can be compared against companies in the Banks industry. The industry median Cyclically Adjusted PS Ratio is 3.34. Nova Banka AD's value of 0.54 is 83.8% below this benchmark. 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 3.34, based on 1,302 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. Nova Banka AD's current Cyclically Adjusted PS Ratio of 0.54 is 83.8% 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 Nova Banka AD and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova Banka AD's current Cyclically Adjusted PS Ratio is 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Banka AD stock overvalued right now?
Nova Banka AD (XBLB:NOVB-R-E) has a current Cyclically Adjusted PS Ratio of 0.54. The current Cyclically Adjusted PS Ratio is 0.54 and 83.8% below the Banks industry median of 3.34. 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 Nova Banka AD (XBLB:NOVB-R-E), the current Cyclically Adjusted PS Ratio is 0.54 as of Jul. 15, 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.

Nova Banka AD Business Description

Address 37A Kralja Alfonsa XIII Street, Banja Luka, BIH, 78 000
Nova Banka AD is engaged in providing banking services. The services include loans, documentary work, deposits and savings, payment transactions and money transfers, and currency exchange transactions. The bank also provides non-banking activities such as broker operations, custody operations, factoring, and forfeiting. Its operating segments include Corporate, Retail, Financial market, and others.