Thurgauer Kantonalbank (XSWX:TKBP) Cyclically Adjusted PS Ratio: 1.79 (As of Jul. 25, 2026) — 29% Above Median

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XSWX:TKBP Thurgauer Kantonalbank XSWX:TKBP
62 GF Score
Price CHF175.50
GF Value CHF135.56
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Thurgauer Kantonalbank Cyclically Adjusted PS Ratio?

Thurgauer Kantonalbank XSWX:TKBP 62 Cyclically Adjusted PS Ratio is 1.79 as of Jul. 25, 2026, which is 29% above its 10-year median of 1.39. GuruFocus rates XSWX:TKBP with a GF Score™ of 62/100 and a GF Value™ of CHF135.56 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,299 Banks companies, Thurgauer Kantonalbank ranks better than 79.29% on this metric.

As of today (2026-07-25), Thurgauer Kantonalbank's current share price is CHF175.50. Thurgauer Kantonalbank's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was CHF97.87. Thurgauer Kantonalbank's Cyclically Adjusted PS Ratio for today is 1.79.

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

XSWX:TKBP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.26   Med: 1.39   Max: 1.96
Current: 1.83

During the past 13 years, Thurgauer Kantonalbank's highest Cyclically Adjusted PS Ratio was 1.96. The lowest was 1.26. And the median was 1.39.

XSWX:TKBP's Cyclically Adjusted PS Ratio is ranked better than
79.29% of 1299 companies
in the Banks industry
Industry Median: 3.36 vs XSWX:TKBP: 1.83

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.

Thurgauer Kantonalbank's adjusted revenue per share data of for the fiscal year that ended in Dec25 was CHF111.485. 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 CHF97.87 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thurgauer Kantonalbank  (XSWX:TKBP) 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.


Thurgauer Kantonalbank Cyclically Adjusted PS Ratio Related Terms


Thurgauer Kantonalbank Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Thurgauer Kantonalbank'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.

Thurgauer Kantonalbank Cyclically Adjusted PS Ratio Chart

Thurgauer Kantonalbank 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 1.28 1.36 1.29 1.33 1.67

Thurgauer Kantonalbank Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.29 0.00 1.33 0.00 1.67

Thurgauer Kantonalbank Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Thurgauer Kantonalbank'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.


Thurgauer Kantonalbank Cyclically Adjusted PS Ratio vs Banks Industry

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

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


XSWX:TKBP
62GF Score
Thurgauer Kantonalbank XSWX:TKBP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thurgauer Kantonalbank 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.

Thurgauer Kantonalbank's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=175.50/97.87
=1.79

* 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.

Thurgauer Kantonalbank's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Thurgauer Kantonalbank's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=111.485/107.2000*107.2000
=111.485

Current CPI (Dec25) = 107.2000.

Thurgauer Kantonalbank Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 81.550 99.380 87.967
201712 82.879 100.213 88.657
201812 84.808 100.906 90.098
201912 85.578 101.063 90.775
202012 89.296 100.241 95.495
202112 93.391 101.776 98.369
202212 95.115 104.666 97.418
202312 109.634 106.461 110.395
202412 107.947 107.128 108.019
202512 111.485 107.200 111.485

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 1.79 mean?
Thurgauer Kantonalbank (XSWX:TKBP) has a Cyclically Adjusted PS Ratio of 1.79 as of Jul. 25, 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 Thurgauer Kantonalbank and its competitors. This is 29% above median its historical median of 1.39. Over the past decade, Thurgauer Kantonalbank's Cyclically Adjusted PS Ratio has ranged from 1.26 to 1.96. According to the industry distribution chart, Thurgauer Kantonalbank ranks #269 out of 1299 companies in the Banks industry, placing it in the top 20.7%.
Is Thurgauer Kantonalbank's Cyclically Adjusted PS Ratio too high?
Thurgauer Kantonalbank's current Cyclically Adjusted PS Ratio of 1.79 is 29% above median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 1.96. The Banks industry median Cyclically Adjusted PS Ratio is 3.36. Thurgauer Kantonalbank's value of 1.79 is 46.7% below this industry median. Based on the distribution chart, Thurgauer Kantonalbank ranks #269 out of 1299 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Thurgauer Kantonalbank has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thurgauer Kantonalbank's Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, Thurgauer Kantonalbank ranks #269 out of 1299 companies for Cyclically Adjusted PS Ratio. This places Thurgauer Kantonalbank in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.36. Thurgauer Kantonalbank's value of 1.79 is 46.7% below this benchmark. Historically, Thurgauer Kantonalbank's own Cyclically Adjusted PS Ratio has ranged from 1.26 to 1.96 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 3.36, Thurgauer Kantonalbank 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 3.36, based on 1,299 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. Thurgauer Kantonalbank's current Cyclically Adjusted PS Ratio of 1.79 is 46.7% 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 Thurgauer Kantonalbank and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thurgauer Kantonalbank's current Cyclically Adjusted PS Ratio is 1.79, which is 29% above median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thurgauer Kantonalbank stock overvalued right now?
Based on GuruFocus' analysis, Thurgauer Kantonalbank (XSWX:TKBP) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF135.56, compared to a current price of CHF175.50 — trading 29.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.79, which is 29% above median its 10-year median of 1.39 and 46.7% below the Banks industry median of 3.36. Thurgauer Kantonalbank's overall GF Score™ is 62/100 with 5 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 Thurgauer Kantonalbank (XSWX:TKBP), the current Cyclically Adjusted PS Ratio is 1.79 as of Jul. 25, 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 Thurgauer Kantonalbank (XSWX:TKBP) Overvalued in 2026?

Based on GuruFocus' analysis, Thurgauer Kantonalbank stock appears to be overvalued. The current stock price of CHF175.50 is trading 29.5% above its estimated GF Value™ of CHF135.56. GuruFocus considers Thurgauer Kantonalbank to be Modestly Overvalued.

Key valuation signals for XSWX:TKBP:

  • Cyclically Adjusted PS Ratio: 1.79 (29% above median its 10-year median of 1.39)
  • GF Value™: CHF135.56 vs. price of CHF175.50 (29.5% above fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 46.7% below the Banks median (#269 of 1299)

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


Thurgauer Kantonalbank Business Description

Other Exchanges TKBPz:UK0QS4:UK
Address Bank Platz 1, Weinfelden, CHE, 8570
Thurgauer Kantonalbank provides banking services. The Company is also engaged in customized investment strategy, asset management solutions for private individuals, analyze and optimize finances and property development. It offers accounts, mortgages, loans, insurance, trade finance and foreign exchange services, payment services, investment advisory services, and financial planning services.
62GF Score

Get the complete analysis for XSWX:TKBP

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

CHF175.50
Price
CHF135.56
GF Value