SB Financial Group (FRA:9KH) Cyclically Adjusted Revenue per Share: €8.04 (As of Jun. 2026)

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.

FRA:9KH SB Financial Group Inc FRA:9KH
74 GF Score
Price €22.80
GF Value €19.18
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is SB Financial Group Cyclically Adjusted Revenue per Share?

SB Financial Group FRA:9KH +1.79% 74 Cyclically Adjusted Revenue per Share is €8.04 as of Jun. 2026. GuruFocus rates FRA:9KH with a GF Score™ of 74/100 and a GF Value™ of €19.18 (Modestly Overvalued). The stock has 6 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.

SB Financial Group's adjusted revenue per share for the three months ended in Jun. 2026 was €2.504. 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 €8.04 for the trailing ten years ended in Jun. 2026.

During the past 12 months, SB Financial Group's average Cyclically Adjusted Revenue Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.50% 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 SB Financial Group was 5.70% per year. The lowest was -3.10% per year. And the median was -1.00% per year.

As of today (2026-08-10), SB Financial Group's current stock price is €22.80. SB Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €8.04. SB Financial Group's Cyclically Adjusted PS Ratio of today is 2.84.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of SB Financial Group was 2.80. The lowest was 1.35. And the median was 2.16.


SB Financial Group  (FRA:9KH) 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.

SB Financial Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=22.80/8.04
=2.84

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of SB Financial Group was 2.80. The lowest was 1.35. And the median was 2.16.


Be Aware

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


SB Financial Group Cyclically Adjusted Revenue per Share Related Terms


SB Financial Group Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for SB Financial Group'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.

SB Financial Group Cyclically Adjusted Revenue per Share Chart

SB Financial Group 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 6.85 7.65 7.72 6.74 7.47

SB Financial Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 7.31 7.77 7.47 8.14 8.04

FRA:9KH vs ENBP, MNAT, BKUT: Cyclically Adjusted Revenue per Share Comparison

For the Banks - Regional subindustry, SB Financial Group'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.


SB Financial Group Cyclically Adjusted PS Ratio vs Banks Industry

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

* The bar in red indicates where SB Financial Group's Cyclically Adjusted PS Ratio falls into.


FRA:9KH
74GF Score
SB Financial Group Inc FRA:9KH
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SB Financial Group 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, SB Financial Group'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)
=2.504/333.9520*333.9520
=2.504

Current CPI (Jun. 2026) = 333.9520.

SB Financial Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.555 241.428 2.151
201612 1.674 241.432 2.315
201703 1.437 243.801 1.968
201706 1.525 244.955 2.079
201709 1.531 246.819 2.071
201712 1.492 246.524 2.021
201803 1.308 249.554 1.750
201806 1.291 251.989 1.711
201809 1.295 252.439 1.713
201812 1.313 251.233 1.745
201903 1.196 254.202 1.571
201906 1.325 256.143 1.727
201909 1.584 256.759 2.060
201912 1.584 256.974 2.058
202003 1.190 258.115 1.540
202006 1.919 257.797 2.486
202009 2.092 260.280 2.684
202012 1.910 260.474 2.449
202103 2.241 264.877 2.825
202106 1.723 271.696 2.118
202109 1.923 274.310 2.341
202112 2.333 278.802 2.794
202203 1.826 287.504 2.121
202206 1.888 296.311 2.128
202209 2.078 296.808 2.338
202212 1.966 296.797 2.212
202303 1.865 301.836 2.063
202306 1.895 305.109 2.074
202309 1.866 307.789 2.025
202312 2.028 306.746 2.208
202403 1.797 312.332 1.921
202406 1.947 314.175 2.070
202409 1.931 315.301 2.045
202412 2.234 315.605 2.364
202503 2.189 319.799 2.286
202506 2.306 322.561 2.387
202509 2.238 324.800 2.301
202512 2.236 324.054 2.304
202603 2.414 330.213 2.441
202606 2.504 333.952 2.504

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 €8.04 mean?
SB Financial Group (FRA:9KH) has a Cyclically Adjusted Revenue per Share of €8.04 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on SB Financial Group and its competitors.
Is SB Financial Group's Cyclically Adjusted Revenue per Share too high?
SB Financial Group's current Cyclically Adjusted Revenue per Share is €8.04. Overall, SB Financial Group has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SB Financial Group's Cyclically Adjusted Revenue per Share compare to ENBP and MNAT?
SB Financial Group's Cyclically Adjusted Revenue per Share of €8.04 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 SB Financial Group and its competitors. SB Financial Group's current Cyclically Adjusted Revenue per Share is €8.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SB Financial Group stock overvalued right now?
Based on GuruFocus' analysis, SB Financial Group (FRA:9KH) is currently considered Modestly Overvalued. The stock's GF Value™ is €19.18, compared to a current price of €22.80 — trading 18.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €8.04. SB Financial Group's overall GF Score™ is 74/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For SB Financial Group (FRA:9KH), the current Cyclically Adjusted Revenue per Share is €8.04 as of Jun. 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 SB Financial Group (FRA:9KH) Overvalued in 2026?

Based on GuruFocus' analysis, SB Financial Group stock appears to be overvalued. The current stock price of €22.80 is trading 18.9% above its estimated GF Value™ of €19.18. GuruFocus considers SB Financial Group to be Modestly Overvalued.

Key valuation signals for FRA:9KH:

  • Cyclically Adjusted Revenue per Share: €8.04
  • GF Value™: €19.18 vs. price of €22.80 (18.9% above fair value)
  • GF Score™: 74/100 with 6 warning signs

No single metric tells the full story. See the FRA:9KH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SB Financial Group Business Description

Other Exchanges SBFG:USA
Address 401 Clinton Street, P.O. Box 467, Defiance, OH, USA, 43512
SB Financial Group Inc that provides a range of community banking services, including commercial and consumer lending, personal and business banking, treasury management and merchant services, personal wealth management and brokerage services, and other financial services to individuals, businesses, and municipalities. It operates in a single segment, which is Banking.
74GF Score

Get the complete analysis for FRA:9KH

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

€22.80
Price
€19.18
GF Value