Swedbank AB (CHIX:SWEDAS) Cyclically Adjusted Revenue per Share: kr53.97 (As of Mar. 2026)


CHIX:SWEDAS Swedbank AB CHIX:SWEDAS
68 GF Score
Price kr356.65
GF Value kr217.04
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Swedbank AB Cyclically Adjusted Revenue per Share?

Swedbank AB CHIX:SWEDAS 68 Cyclically Adjusted Revenue per Share is kr53.97 as of Mar. 2026. GuruFocus rates CHIX:SWEDAS with a GF Score™ of 68/100 and a GF Value™ of kr217.04 (Significantly Overvalued). The stock has 10 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Swedbank AB's adjusted revenue per share for the three months ended in Mar. 2026 was kr15.008. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is kr53.97 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Swedbank AB's average Cyclically Adjusted Revenue Growth Rate was 3.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Swedbank AB was 9.90% per year. The lowest was 2.60% per year. And the median was 7.00% per year.

As of today (2026-06-30), Swedbank AB's current stock price is kr356.65. Swedbank AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was kr53.97. Swedbank AB's Cyclically Adjusted PS Ratio of today is 6.61.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Swedbank AB was 6.68. The lowest was 2.89. And the median was 4.32.


Swedbank AB  (CHIX:SWEDAs) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Swedbank AB's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=356.65/53.97
=6.61

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Swedbank AB was 6.68. The lowest was 2.89. And the median was 4.32.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Swedbank AB Cyclically Adjusted Revenue per Share Related Terms


Swedbank AB Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Swedbank AB's Cyclically Adjusted Revenue per Share 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.

Swedbank AB Cyclically Adjusted Revenue per Share Chart

Swedbank AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.33 44.95 47.68 51.27 53.44

Swedbank AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 51.52 52.28 52.59 53.44 53.97

CHIX:SWEDAS vs PNC, USB: Cyclically Adjusted Revenue per Share Comparison

For the Banks - Regional subindustry, Swedbank AB'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.


Swedbank AB Cyclically Adjusted PS Ratio vs Banks Industry

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

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


CHIX:SWEDAS
68GF Score
Swedbank AB CHIX:SWEDAS
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Swedbank AB Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Swedbank AB'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)
=15.008/133.3862*133.3862
=15.008

Current CPI (Mar. 2026) = 133.3862.

Swedbank AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 8.749 101.019 11.552
201609 8.781 101.138 11.581
201612 8.664 102.022 11.328
201703 9.375 102.022 12.257
201706 9.113 102.752 11.830
201709 9.100 103.279 11.753
201712 8.443 103.793 10.850
201803 9.386 103.962 12.043
201806 10.195 104.875 12.967
201809 9.587 105.679 12.101
201812 8.780 105.912 11.058
201903 10.015 105.886 12.616
201906 9.976 106.742 12.466
201909 9.823 107.214 12.221
201912 10.358 107.766 12.821
202003 9.033 106.563 11.307
202006 10.628 107.498 13.188
202009 10.125 107.635 12.547
202012 10.358 108.296 12.758
202103 10.146 108.360 12.489
202106 10.499 108.928 12.856
202109 10.514 110.338 12.710
202112 10.388 112.486 12.318
202203 9.758 114.825 11.335
202206 9.859 118.384 11.108
202209 11.957 122.296 13.041
202212 13.991 126.365 14.768
202303 15.285 127.042 16.048
202306 15.901 129.407 16.390
202309 16.151 130.224 16.543
202312 16.775 131.912 16.962
202403 15.918 132.205 16.060
202406 15.998 132.716 16.079
202409 16.637 132.304 16.773
202412 16.397 132.987 16.446
202503 15.202 132.825 15.266
202506 14.875 133.699 14.840
202509 14.952 133.482 14.941
202512 15.918 133.386 15.918
202603 15.008 133.386 15.008

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of kr53.97 mean?
Swedbank AB (CHIX:SWEDAS) has a Cyclically Adjusted Revenue per Share of kr53.97 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Swedbank AB and its competitors.
Is Swedbank AB's Cyclically Adjusted Revenue per Share too high?
Swedbank AB's current Cyclically Adjusted Revenue per Share is kr53.97. Overall, Swedbank AB has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Swedbank AB's Cyclically Adjusted Revenue per Share compare to PNC and USB?
Swedbank AB's Cyclically Adjusted Revenue per Share of kr53.97 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Banks company?
A good Cyclically Adjusted Revenue per Share depends on the Banks industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Swedbank AB and its competitors. Swedbank AB's current Cyclically Adjusted Revenue per Share is kr53.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swedbank AB stock overvalued right now?
Based on GuruFocus' analysis, Swedbank AB (CHIX:SWEDAS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr217.04, compared to a current price of kr356.65 — trading 64.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is kr53.97. Swedbank AB's overall GF Score™ is 68/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Swedbank AB (CHIX:SWEDAS), the current Cyclically Adjusted Revenue per Share is kr53.97 as of Mar. 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 Swedbank AB (CHIX:SWEDAS) Overvalued in 2026?

Based on GuruFocus' analysis, Swedbank AB stock appears to be overvalued. The current stock price of kr356.65 is trading 64.3% above its estimated GF Value™ of kr217.04. GuruFocus considers Swedbank AB to be Significantly Overvalued.

Key valuation signals for CHIX:SWEDAS:

  • Cyclically Adjusted Revenue per Share: kr53.97
  • GF Value™: kr217.04 vs. price of kr356.65 (64.3% above fair value)
  • GF Score™: 68/100 with 10 warning signs

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


Swedbank AB Business Description

Address Landsvagen 40, Sundbyberg, Stockholm, SWE, 17263
Swedbank is one of the largest retail banks in Sweden, where it derives the lion's share of its income. The bank is the result of merging savings and union banks in Sweden in the aftermath of the financial crisis in the early 1990s in Sweden. The remaining independent savings banks in Sweden remain in close collaboration with Swedbank, acting as an additional product distribution channel to Swedbank and sharing Swedbank's IT systems and part of its development costs. In addition, the bank operates in the three Baltic states: Estonia, Latvia, and Lithuania.
68GF Score

Get the complete analysis for CHIX:SWEDAS

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

kr356.65
Price
kr217.04
GF Value