Alatau City Bank JSC (XKAZ:TSBN) Cyclically Adjusted PS Ratio: 0.84 (As of Aug. 18, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKAZ:TSBN Alatau City Bank JSC XKAZ:TSBN
15 GF Score
Price ₸1,641.00
GF Value ₸2,250.51
! 3 Warning Signs
View Full Analysis

What is Alatau City Bank JSC Cyclically Adjusted PS Ratio?

Alatau City Bank JSC XKAZ:TSBN 15 Cyclically Adjusted PS Ratio is 0.84 as of Aug. 18, 2026, which is at its 10-year median of 0.84. GuruFocus rates XKAZ:TSBN with a GF Score™ of 15/100 and a GF Value™ of ₸2,250.51. The stock has 3 warning signs investors should review.

As of today (2026-08-18), Alatau City Bank JSC's current share price is ₸1641.00. Alatau City Bank JSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₸1,962.38. Alatau City Bank JSC's Cyclically Adjusted PS Ratio for today is 0.84.

The historical rank and industry rank for Alatau City Bank JSC's Cyclically Adjusted PS Ratio or its related term are showing as below:

XKAZ:TSBN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.82   Med: 0.84   Max: 0.93
Current: 0.84

During the past years, Alatau City Bank JSC's highest Cyclically Adjusted PS Ratio was 0.93. The lowest was 0.82. And the median was 0.84.

XKAZ:TSBN's Cyclically Adjusted PS Ratio is not ranked
in the Banks industry.
Industry Median: 3.45 vs XKAZ:TSBN: 0.84

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.

Alatau City Bank JSC's adjusted revenue per share data for the three months ended in Mar. 2026 was ₸608.646. 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 ₸1,962.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alatau City Bank JSC  (XKAZ:TSBN) 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.


Alatau City Bank JSC Cyclically Adjusted PS Ratio Related Terms


Alatau City Bank JSC Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Alatau City Bank JSC'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.

Alatau City Bank JSC Cyclically Adjusted PS Ratio Chart

Alatau City Bank JSC 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 0.93 0.87 0.85 0.84 0.84

Alatau City Bank JSC 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 0.83 0.82 0.83 0.84 0.84

Alatau City Bank JSC Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Alatau City Bank JSC'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.


Alatau City Bank JSC Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Alatau City Bank JSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Alatau City Bank JSC's Cyclically Adjusted PS Ratio falls into.


XKAZ:TSBN
15GF Score
Alatau City Bank JSC XKAZ:TSBN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alatau City Bank JSC 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.

Alatau City Bank JSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1641.00/1962.38
=0.84

* 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.

Alatau City Bank JSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Alatau City Bank JSC'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)
=608.646/330.2130*330.2130
=608.646

Current CPI (Mar. 2026) = 330.2130.

Alatau City Bank JSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 415.217 241.018 568.879
201609 405.191 241.428 554.200
201612 712.106 241.432 973.966
201703 406.028 243.801 549.939
201706 448.010 244.955 603.942
201709 446.861 246.819 597.844
201712 1,516.854 246.524 2,031.790
201803 384.791 249.554 509.160
201806 410.798 251.989 538.320
201809 372.642 252.439 487.449
201812 -836.219 251.233 -1,099.101
201903 74.938 254.202 97.346
201906 22.606 256.143 29.143
201909 108.351 256.759 139.348
201912 454.438 256.974 583.955
202003 349.978 258.115 447.736
202006 39.632 257.797 50.765
202009 47.401 260.280 60.137
202012 960.942 260.474 1,218.223
202103 202.239 264.877 252.124
202106 227.929 271.696 277.020
202109 181.133 274.310 218.047
202112 405.805 278.802 480.635
202203 251.720 287.504 289.113
202206 522.754 296.311 582.564
202209 376.843 296.808 419.256
202212 621.390 296.797 691.352
202303 427.440 301.836 467.626
202306 714.540 305.109 773.331
202309 331.615 307.789 355.775
202312 427.239 306.746 459.924
202403 528.593 312.332 558.855
202406 434.571 314.175 456.755
202409 813.145 315.301 851.602
202412 639.387 315.605 668.981
202503 559.791 319.799 578.020
202506 587.723 322.561 601.665
202509 437.728 324.800 445.023
202512 632.403 324.054 644.423
202603 608.646 330.213 608.646

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 0.84 mean?
Alatau City Bank JSC (XKAZ:TSBN) has a Cyclically Adjusted PS Ratio of 0.84 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 Alatau City Bank JSC and its competitors. This is near median its historical median of 0.84. Over the past decade, Alatau City Bank JSC's Cyclically Adjusted PS Ratio has ranged from 0.82 to 0.93.
Is Alatau City Bank JSC's Cyclically Adjusted PS Ratio too high?
Alatau City Bank JSC's current Cyclically Adjusted PS Ratio of 0.84 is near median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 0.93. The Banks industry median Cyclically Adjusted PS Ratio is 3.45. Alatau City Bank JSC's value of 0.84 is 75.7% below this industry median. Overall, Alatau City Bank JSC has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Alatau City Bank JSC's Cyclically Adjusted PS Ratio compare to competitors?
Alatau City Bank JSC's Cyclically Adjusted PS Ratio of 0.84 can be compared against companies in the Banks industry. The industry median Cyclically Adjusted PS Ratio is 3.45. Alatau City Bank JSC's value of 0.84 is 75.7% below this benchmark. Historically, Alatau City Bank JSC's own Cyclically Adjusted PS Ratio has ranged from 0.82 to 0.93 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 3.45, Alatau City Bank JSC 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 3.45, 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. Alatau City Bank JSC's current Cyclically Adjusted PS Ratio of 0.84 is 75.7% 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 Alatau City Bank JSC 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. Alatau City Bank JSC's current Cyclically Adjusted PS Ratio is 0.84, which is near median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alatau City Bank JSC stock overvalued right now?
Alatau City Bank JSC (XKAZ:TSBN) has a current Cyclically Adjusted PS Ratio of 0.84. The stock's GF Value™ is ₸2,250.51, compared to a current price of ₸1,641.00 — trading 27.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.84, which is near median its 10-year median of 0.84 and 75.7% below the Banks industry median of 3.45. Alatau City Bank JSC's overall GF Score™ is 15/100 with 3 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 Alatau City Bank JSC (XKAZ:TSBN), the current Cyclically Adjusted PS Ratio is 0.84 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 Alatau City Bank JSC (XKAZ:TSBN) Overvalued in 2026?

Based on GuruFocus' analysis, Alatau City Bank JSC stock appears to be undervalued. The current stock price of ₸1,641.00 is trading 27.1% below its estimated GF Value™ of ₸2,250.51.

Key valuation signals for XKAZ:TSBN:

  • Cyclically Adjusted PS Ratio: 0.84 (near median its 10-year median of 0.84)
  • GF Value™: ₸2,250.51 vs. price of ₸1,641.00 (27.1% below fair value)
  • GF Score™: 15/100 with 3 warning signs
  • Industry Position: 75.7% below the Banks median

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


Alatau City Bank JSC Business Description

Other Exchanges TSBNp.PFD:Kazakhstan
Address 24 Syganak Street, Esil district, Nur-Sultan, KAZ, Z05K7B0
Alatau City Bank JSC is a banking corporation registered in Kazakhstan. The company provides a wide range of services to individuals, entrepreneurs, and corporate clients across all regions of Kazakhstan. It offers Alatau City Bank Tole, Loans, Deposits, Investments, Tariffs, Osim magazine, Banking, and Other products.
15GF Score

Get the complete analysis for XKAZ:TSBN

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

₸1,641.00
Price
₸2,250.51
GF Value