Associated Banc-Corp (FRA:AB5) Cyclically Adjusted Revenue per Share: €7.60 (As of Mar. 2026)

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FRA:AB5 Associated Banc-Corp FRA:AB5
69 GF Score
Price €26.20
GF Value €24.41
Valuation Fairly Valued
! 5 Warning Signs
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What is Associated Banc-Corp Cyclically Adjusted Revenue per Share?

Associated Banc-Corp FRA:AB5 +0.77% 69 Cyclically Adjusted Revenue per Share is €7.60 as of Mar. 2026. GuruFocus rates FRA:AB5 with a GF Score™ of 69/100 and a GF Value™ of €24.41 (Fairly Valued). The stock has 5 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.

Associated Banc-Corp's adjusted revenue per share for the three months ended in Mar. 2026 was €1.980. 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 €7.60 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Associated Banc-Corp's average Cyclically Adjusted Revenue Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.80% 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 Associated Banc-Corp was 6.50% per year. The lowest was -2.20% per year. And the median was 1.70% per year.

As of today (2026-07-17), Associated Banc-Corp's current stock price is €26.20. Associated Banc-Corp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €7.60. Associated Banc-Corp's Cyclically Adjusted PS Ratio of today is 3.45.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Associated Banc-Corp was 4.10. The lowest was 1.67. And the median was 2.90.


Associated Banc-Corp  (FRA:AB5) 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.

Associated Banc-Corp's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=26.20/7.60
=3.45

* 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 Associated Banc-Corp was 4.10. The lowest was 1.67. And the median was 2.90.


Be Aware

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


Associated Banc-Corp Cyclically Adjusted Revenue per Share Related Terms


Associated Banc-Corp Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Associated Banc-Corp'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.

Associated Banc-Corp Cyclically Adjusted Revenue per Share Chart

Associated Banc-Corp 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 6.76 7.75 7.74 8.10 7.49

Associated Banc-Corp 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 7.91 7.44 7.52 7.49 7.60

FRA:AB5 vs HOMB, AUB, HWC: Cyclically Adjusted Revenue per Share Comparison

For the Banks - Regional subindustry, Associated Banc-Corp'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.


Associated Banc-Corp Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Associated Banc-Corp's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Associated Banc-Corp's Cyclically Adjusted PS Ratio falls into.


FRA:AB5
69GF Score
Associated Banc-Corp FRA:AB5
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Associated Banc-Corp 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, Associated Banc-Corp'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)
=1.98/330.2130*330.2130
=1.980

Current CPI (Mar. 2026) = 330.2130.

Associated Banc-Corp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.541 241.018 2.111
201609 1.626 241.428 2.224
201612 1.711 241.432 2.340
201703 1.581 243.801 2.141
201706 1.536 244.955 2.071
201709 1.514 246.819 2.026
201712 1.457 246.524 1.952
201803 1.452 249.554 1.921
201806 1.564 251.989 2.050
201809 1.514 252.439 1.980
201812 1.620 251.233 2.129
201903 1.630 254.202 2.117
201906 1.663 256.143 2.144
201909 1.730 256.759 2.225
201912 1.645 256.974 2.114
202003 1.734 258.115 2.218
202006 2.556 257.797 3.274
202009 1.416 260.280 1.796
202012 1.412 260.474 1.790
202103 1.465 264.877 1.826
202106 1.354 271.696 1.646
202109 1.485 274.310 1.788
202112 1.575 278.802 1.865
202203 1.570 287.504 1.803
202206 1.827 296.311 2.036
202209 2.242 296.808 2.494
202212 2.182 296.797 2.428
202303 2.070 301.836 2.265
202306 1.969 305.109 2.131
202309 1.978 307.789 2.122
202312 0.742 306.746 0.799
202403 1.951 312.332 2.063
202406 1.965 314.175 2.065
202409 1.945 315.301 2.037
202412 0.368 315.605 0.385
202503 1.900 319.799 1.962
202506 1.899 322.561 1.944
202509 1.967 324.800 2.000
202512 1.990 324.054 2.028
202603 1.980 330.213 1.980

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 €7.60 mean?
Associated Banc-Corp (FRA:AB5) has a Cyclically Adjusted Revenue per Share of €7.60 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 Associated Banc-Corp and its competitors.
Is Associated Banc-Corp's Cyclically Adjusted Revenue per Share too high?
Associated Banc-Corp's current Cyclically Adjusted Revenue per Share is €7.60. Overall, Associated Banc-Corp has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Associated Banc-Corp's Cyclically Adjusted Revenue per Share compare to HOMB and AUB?
Associated Banc-Corp's Cyclically Adjusted Revenue per Share of €7.60 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 Associated Banc-Corp and its competitors. Associated Banc-Corp's current Cyclically Adjusted Revenue per Share is €7.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated Banc-Corp stock overvalued right now?
Based on GuruFocus' analysis, Associated Banc-Corp (FRA:AB5) is currently considered Fairly Valued. The stock's GF Value™ is €24.41, compared to a current price of €26.20 — trading 7.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €7.60. Associated Banc-Corp's overall GF Score™ is 69/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Associated Banc-Corp (FRA:AB5), the current Cyclically Adjusted Revenue per Share is €7.60 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 Associated Banc-Corp (FRA:AB5) Overvalued in 2026?

Based on GuruFocus' analysis, Associated Banc-Corp stock appears to be overvalued. The current stock price of €26.20 is trading 7.3% above its estimated GF Value™ of €24.41. GuruFocus considers Associated Banc-Corp to be Fairly Valued.

Key valuation signals for FRA:AB5:

  • Cyclically Adjusted Revenue per Share: €7.60
  • GF Value™: €24.41 vs. price of €26.20 (7.3% above fair value)
  • GF Score™: 69/100 with 5 warning signs

No single metric tells the full story. See the FRA:AB5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Associated Banc-Corp Business Description

Address 433 Main Street, Green Bay, WI, USA, 54301
Associated Banc-Corp is a bank holding company based in the United States of America. The company, through its subsidiaries, provides a broad array of banking and non-banking products and services to individuals and businesses. The group operates in three reportable segments: Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. The majority of its revenue is derived from the Corporate and Commercial Specialty segment, which serves a wide range of customers, including larger businesses, developers, not-for-profits, municipalities, and financial institutions by providing lending and deposit solutions as well as support to deliver, fund, and manage such banking solutions.
69GF Score

Get the complete analysis for FRA:AB5

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

€26.20
Price
€24.41
GF Value