ALTA banka AD Bitola (XMAE:SBT) Cyclically Adjusted PS Ratio: 10.60 (As of Aug. 13, 2026)

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XMAE:SBT ALTA banka AD Bitola XMAE:SBT
73 GF Score
Price MKD3,777.00
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What is ALTA banka AD Bitola Cyclically Adjusted PS Ratio?

ALTA banka AD Bitola XMAE:SBT 73 Cyclically Adjusted PS Ratio is 10.60 as of Aug. 13, 2026. GuruFocus rates XMAE:SBT with a GF Score™ of 73/100.

As of today (2026-08-13), ALTA banka AD Bitola's current share price is MKD3777.00. ALTA banka AD Bitola's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was MKD356.31. ALTA banka AD Bitola's Cyclically Adjusted PS Ratio for today is 10.60.

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

XMAE:SBT's Cyclically Adjusted PS Ratio is not ranked *
in the Banks industry.
Industry Median: 3.41
* 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.

ALTA banka AD Bitola's adjusted revenue per share data for the three months ended in Mar. 2025 was MKD107.510. 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 MKD356.31 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


ALTA banka AD Bitola  (XMAE:SBT) 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.


ALTA banka AD Bitola Cyclically Adjusted PS Ratio Related Terms


ALTA banka AD Bitola Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for ALTA banka AD Bitola'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.

ALTA banka AD Bitola Cyclically Adjusted PS Ratio Chart

ALTA banka AD Bitola 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 0.00 11.34 8.16 7.33 0.00

ALTA banka AD Bitola Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25
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 7.33 7.80 8.69 0.00 9.26

XMAE:SBT vs PNC, USB, NU: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, ALTA banka AD Bitola'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.


ALTA banka AD Bitola Cyclically Adjusted PS Ratio vs Banks Industry

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

* The bar in red indicates where ALTA banka AD Bitola's Cyclically Adjusted PS Ratio falls into.


XMAE:SBT
73GF Score
ALTA banka AD Bitola XMAE:SBT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ALTA banka AD Bitola 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.

ALTA banka AD Bitola's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3777.00/356.31
=10.60

* 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.

ALTA banka AD Bitola's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, ALTA banka AD Bitola's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=107.51/319.7990*319.7990
=107.510

Current CPI (Mar. 2025) = 319.7990.

ALTA banka AD Bitola Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 44.192 234.812 60.187
201503 61.311 236.119 83.039
201506 57.431 238.638 76.963
201509 56.866 237.945 76.428
201512 52.728 236.525 71.292
201603 64.490 238.132 86.607
201606 61.161 241.018 81.153
201609 64.325 241.428 85.206
201612 59.984 241.432 79.454
201703 66.684 243.801 87.471
201706 71.694 244.955 93.600
201709 85.997 246.819 111.425
201712 54.896 246.524 71.213
201806 0.000 251.989 0.000
201809 74.442 252.439 94.306
201812 30.577 251.233 38.922
201903 73.465 254.202 92.423
201906 66.169 256.143 82.613
201909 72.467 256.759 90.259
201912 75.060 256.974 93.411
202003 70.151 258.115 86.916
202006 65.921 257.797 81.775
202009 70.223 260.280 86.281
202012 72.069 260.474 88.483
202103 70.903 264.877 85.605
202106 74.076 271.696 87.191
202109 78.653 274.310 91.696
202112 76.513 278.802 87.764
202203 79.110 287.504 87.996
202206 89.440 296.311 96.530
202209 80.655 296.808 86.903
202212 83.675 296.797 90.160
202303 95.373 301.836 101.049
202306 104.851 305.109 109.899
202309 102.620 307.789 106.624
202312 115.659 306.746 120.581
202403 110.172 312.332 112.806
202406 111.196 314.175 113.187
202412 0.000 315.605 0.000
202503 107.510 319.799 107.510

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 10.60 mean?
ALTA banka AD Bitola (XMAE:SBT) has a Cyclically Adjusted PS Ratio of 10.60 as of Aug. 13, 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 ALTA banka AD Bitola and its competitors.
Is ALTA banka AD Bitola's Cyclically Adjusted PS Ratio too high?
ALTA banka AD Bitola's current Cyclically Adjusted PS Ratio is 10.60. The Banks industry median Cyclically Adjusted PS Ratio is 3.41. ALTA banka AD Bitola's value of 10.60 is 210.9% above this industry median. Overall, ALTA banka AD Bitola has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does ALTA banka AD Bitola's Cyclically Adjusted PS Ratio compare to PNC and USB?
ALTA banka AD Bitola's Cyclically Adjusted PS Ratio of 10.60 can be compared against companies in the Banks industry. The industry median Cyclically Adjusted PS Ratio is 3.41. ALTA banka AD Bitola's value of 10.60 is 210.9% above 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 3.41, based on 1,305 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. ALTA banka AD Bitola's current Cyclically Adjusted PS Ratio of 10.60 is 210.9% 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 ALTA banka AD Bitola and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ALTA banka AD Bitola's current Cyclically Adjusted PS Ratio is 10.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALTA banka AD Bitola stock overvalued right now?
ALTA banka AD Bitola (XMAE:SBT) has a current Cyclically Adjusted PS Ratio of 10.60. The current Cyclically Adjusted PS Ratio is 10.60 and 210.9% above the Banks industry median of 3.41. ALTA banka AD Bitola's overall GF Score™ is 73/100. 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 ALTA banka AD Bitola (XMAE:SBT), the current Cyclically Adjusted PS Ratio is 10.60 as of Aug. 13, 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.

ALTA banka AD Bitola Business Description

Other Exchanges STBP.PFD:Macedonia
Address Bulevar Zorana Dindica 121, Belgrade, SRB, 1000
ALTA banka AD Bitola operates as a commercial bank. It serves households and businesses through retail banking and corporate banking segments. Retail banking serves individuals with deposits, loans, mortgages, and payment services, while corporate banking provides businesses with financing, trade finance, and cash management solutions.
73GF Score

Get the complete analysis for XMAE:SBT

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

MKD3,777.00
Price