Ecobank Transnational (XGHA:ETI) Cyclically Adjusted PS Ratio: 0.65 (As of Jul. 30, 2026) — 3150% Above Median

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XGHA:ETI Ecobank Transnational Inc XGHA:ETI
12 GF Score
Price GHS1.95
GF Value GHS0.86
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Ecobank Transnational Cyclically Adjusted PS Ratio?

Ecobank Transnational XGHA:ETI -0.51% 12 Cyclically Adjusted PS Ratio is 0.65 as of Jul. 30, 2026, which is 3150% above its 10-year median of 0.02. GuruFocus rates XGHA:ETI with a GF Score™ of 12/100 and a GF Value™ of GHS0.86 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,300 Banks companies, Ecobank Transnational ranks better than 95.31% on this metric.

As of today (2026-07-30), Ecobank Transnational's current share price is GHS1.95. Ecobank Transnational's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was GHS3.00. Ecobank Transnational's Cyclically Adjusted PS Ratio for today is 0.65.

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

XGHA:ETI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.75
Current: 0.71

During the past years, Ecobank Transnational's highest Cyclically Adjusted PS Ratio was 0.75. The lowest was 0.01. And the median was 0.02.

XGHA:ETI's Cyclically Adjusted PS Ratio is ranked better than
95.31% of 1300 companies
in the Banks industry
Industry Median: 3.42 vs XGHA:ETI: 0.71

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.

Ecobank Transnational's adjusted revenue per share data for the three months ended in Jun. 2026 was GHS0.307. 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 GHS3.00 for the trailing ten years ended in Jun. 2026.

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Ecobank Transnational  (XGHA:ETI) 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.


Ecobank Transnational Cyclically Adjusted PS Ratio Related Terms


Ecobank Transnational Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ecobank Transnational'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.

Ecobank Transnational Cyclically Adjusted PS Ratio Chart

Ecobank Transnational 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 0.01 0.01 0.02 0.02 0.33

Ecobank Transnational 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 0.04 0.28 0.33 0.36 0.76

Ecobank Transnational Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Ecobank Transnational'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.


Ecobank Transnational Cyclically Adjusted PS Ratio vs Banks Industry

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

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


XGHA:ETI
12GF Score
Ecobank Transnational Inc XGHA:ETI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ecobank Transnational 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.

Ecobank Transnational's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.95/3.00
=0.65

* 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.

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

For example, Ecobank Transnational'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)
=0.307/333.9520*333.9520
=0.307

Current CPI (Jun. 2026) = 333.9520.

Ecobank Transnational Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.186 241.428 0.257
201612 0.246 241.432 0.340
201703 0.196 243.801 0.268
201706 0.219 244.955 0.299
201709 0.211 246.819 0.285
201712 0.227 246.524 0.308
201803 0.227 249.554 0.304
201806 0.222 251.989 0.294
201809 0.225 252.439 0.298
201812 0.178 251.233 0.237
201903 0.189 254.202 0.248
201906 0.190 256.143 0.248
201909 0.187 256.759 0.243
201912 0.216 256.974 0.281
202003 0.187 258.115 0.242
202006 0.180 257.797 0.233
202009 0.218 260.280 0.280
202012 0.222 260.474 0.285
202103 0.195 264.877 0.246
202106 0.267 271.696 0.328
202109 0.209 274.310 0.254
202112 0.202 278.802 0.242
202203 0.203 287.504 0.236
202206 0.225 296.311 0.254
202209 0.198 296.808 0.223
202212 0.156 296.797 0.176
202303 0.211 301.836 0.233
202306 0.239 305.109 0.262
202309 0.246 307.789 0.267
202312 0.265 306.746 0.289
202403 0.232 312.332 0.248
202406 0.237 314.175 0.252
202409 0.233 315.301 0.247
202412 0.254 315.605 0.269
202503 0.232 319.799 0.242
202506 0.285 322.561 0.295
202509 0.302 324.800 0.311
202512 0.403 324.054 0.415
202603 0.294 330.213 0.297
202606 0.307 333.952 0.307

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 0.65 mean?
Ecobank Transnational (XGHA:ETI) has a Cyclically Adjusted PS Ratio of 0.65 as of Jul. 30, 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 Ecobank Transnational and its competitors. This is 3150% above median its historical median of 0.02. Over the past decade, Ecobank Transnational's Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.75. According to the industry distribution chart, Ecobank Transnational ranks #61 out of 1300 companies in the Banks industry, placing it in the top 4.7%.
Is Ecobank Transnational's Cyclically Adjusted PS Ratio too high?
Ecobank Transnational's current Cyclically Adjusted PS Ratio of 0.65 is 3150% above median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.75. The Banks industry median Cyclically Adjusted PS Ratio is 3.42. Ecobank Transnational's value of 0.65 is 81% below this industry median. Based on the distribution chart, Ecobank Transnational ranks #61 out of 1300 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Ecobank Transnational has a GF Score™ of 12/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ecobank Transnational's Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, Ecobank Transnational ranks #61 out of 1300 companies for Cyclically Adjusted PS Ratio. This places Ecobank Transnational in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.42. Ecobank Transnational's value of 0.65 is 81% below this benchmark. Historically, Ecobank Transnational's own Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.75 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 3.42, Ecobank Transnational 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 3.42, based on 1,300 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. Ecobank Transnational's current Cyclically Adjusted PS Ratio of 0.65 is 81% 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 Ecobank Transnational and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ecobank Transnational's current Cyclically Adjusted PS Ratio is 0.65, which is 3150% above median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecobank Transnational stock overvalued right now?
Based on GuruFocus' analysis, Ecobank Transnational (XGHA:ETI) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS0.86, compared to a current price of GHS1.95 — trading 126.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.65, which is 3150% above median its 10-year median of 0.02 and 81% below the Banks industry median of 3.42. Ecobank Transnational's overall GF Score™ is 12/100 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 Ecobank Transnational (XGHA:ETI), the current Cyclically Adjusted PS Ratio is 0.65 as of Jul. 30, 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 Ecobank Transnational (XGHA:ETI) Overvalued in 2026?

Based on GuruFocus' analysis, Ecobank Transnational stock appears to be overvalued. The current stock price of GHS1.95 is trading 126.7% above its estimated GF Value™ of GHS0.86. GuruFocus considers Ecobank Transnational to be Significantly Overvalued.

Key valuation signals for XGHA:ETI:

  • Cyclically Adjusted PS Ratio: 0.65 (3150% above median its 10-year median of 0.02)
  • GF Value™: GHS0.86 vs. price of GHS1.95 (126.7% above fair value)
  • GF Score™: 12/100 with 6 warning signs
  • Industry Position: 81% below the Banks median (#61 of 1300)

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


Ecobank Transnational Business Description

Address 2365, Boulevard du Mono, Lome, TGO, 3261
Ecobank Transnational Inc is a pan-African banking group. Through its subsidiaries, it provides retail, corporate and investment banking services throughout sub Saharan Africa outside South Africa. The company operates in three principal business reporting segments: Consumer Banking (CSB), Commercial Banking (CMB) and Corporate and Investment Banking (CIB). The majority of the revenue is derived from the Corporate and Investment Banking segment, which provides various financial services, including FICC, cash management, trade, loans and liquidity and securities, wealth, and asset management. Geographically, it derives the maximum revenue from Francophone West Africa (UEMOA), and the rest from Nigeria, Anglophone West Africa (AWA), and Central, Eastern and Southern Africa (CESA).
12GF Score

Get the complete analysis for XGHA:ETI

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

GHS1.95
Price
GHS0.86
GF Value