Erste Bank Polska (FRA:BZI) Cyclically Adjusted Revenue per Share: €32.30 (As of Mar. 2026)

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FRA:BZI Erste Bank Polska SA FRA:BZI
68 GF Score
Price €152.40
GF Value €118.08
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Erste Bank Polska Cyclically Adjusted Revenue per Share?

Erste Bank Polska FRA:BZI -1.74% 68 Cyclically Adjusted Revenue per Share is €32.30 as of Mar. 2026. GuruFocus rates FRA:BZI with a GF Score™ of 68/100 and a GF Value™ of €118.08 (Modestly Overvalued). The stock has 9 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.

Erste Bank Polska's adjusted revenue per share for the three months ended in Mar. 2026 was €8.942. 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 €32.30 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Erste Bank Polska's average Cyclically Adjusted Revenue Growth Rate was 7.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 13.00% 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 Erste Bank Polska was 15.90% per year. The lowest was 6.00% per year. And the median was 11.30% per year.

As of today (2026-07-18), Erste Bank Polska's current stock price is €152.40. Erste Bank Polska's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €32.30. Erste Bank Polska's Cyclically Adjusted PS Ratio of today is 4.72.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Erste Bank Polska was 6.75. The lowest was 1.62. And the median was 4.03.


Erste Bank Polska  (FRA:BZI) 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.

Erste Bank Polska's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=152.40/32.30
=4.72

* 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 Erste Bank Polska was 6.75. The lowest was 1.62. And the median was 4.03.


Be Aware

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


Erste Bank Polska Cyclically Adjusted Revenue per Share Related Terms


Erste Bank Polska Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Erste Bank Polska'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.

Erste Bank Polska Cyclically Adjusted Revenue per Share Chart

Erste Bank Polska 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 18.32 22.46 27.21 30.12 32.12

Erste Bank Polska 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 31.27 31.78 31.53 32.12 32.30

FRA:BZI vs PNC: Cyclically Adjusted Revenue per Share Comparison

For the Banks - Regional subindustry, Erste Bank Polska'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.


Erste Bank Polska Cyclically Adjusted PS Ratio vs Banks Industry

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

* The bar in red indicates where Erste Bank Polska's Cyclically Adjusted PS Ratio falls into.


FRA:BZI
68GF Score
Erste Bank Polska SA FRA:BZI
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Erste Bank Polska 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, Erste Bank Polska'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)
=8.942/163.0700*163.0700
=8.942

Current CPI (Mar. 2026) = 163.0700.

Erste Bank Polska Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.854 99.552 7.951
201609 4.144 99.064 6.821
201612 4.258 100.366 6.918
201703 3.321 101.018 5.361
201706 4.466 101.180 7.198
201709 4.375 101.343 7.040
201712 4.649 102.564 7.392
201803 4.433 102.564 7.048
201806 4.912 103.378 7.748
201809 4.714 103.378 7.436
201812 4.647 103.785 7.301
201903 4.998 104.274 7.816
201906 5.283 105.983 8.129
201909 5.312 105.983 8.173
201912 5.243 107.123 7.981
202003 4.988 109.076 7.457
202006 4.655 109.402 6.939
202009 4.758 109.320 7.097
202012 4.808 109.565 7.156
202103 4.742 112.658 6.864
202106 5.013 113.960 7.173
202109 4.936 115.588 6.964
202112 5.554 119.088 7.605
202203 6.679 125.031 8.711
202206 7.884 131.705 9.762
202209 5.210 135.531 6.269
202212 7.768 139.113 9.106
202303 8.340 145.950 9.318
202306 8.647 147.009 9.592
202309 9.437 146.113 10.532
202312 9.291 147.741 10.255
202403 9.282 149.044 10.156
202406 7.615 150.997 8.224
202409 8.836 153.439 9.391
202412 8.864 154.660 9.346
202503 8.842 157.021 9.183
202506 9.417 157.509 9.749
202509 8.943 158.000 9.230
202512 8.988 158.320 9.258
202603 8.942 163.070 8.942

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 €32.30 mean?
Erste Bank Polska (FRA:BZI) has a Cyclically Adjusted Revenue per Share of €32.30 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 Erste Bank Polska and its competitors.
Is Erste Bank Polska's Cyclically Adjusted Revenue per Share too high?
Erste Bank Polska's current Cyclically Adjusted Revenue per Share is €32.30. Overall, Erste Bank Polska has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Erste Bank Polska's Cyclically Adjusted Revenue per Share compare to PNC?
Erste Bank Polska's Cyclically Adjusted Revenue per Share of €32.30 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 Erste Bank Polska and its competitors. Erste Bank Polska's current Cyclically Adjusted Revenue per Share is €32.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erste Bank Polska stock overvalued right now?
Based on GuruFocus' analysis, Erste Bank Polska (FRA:BZI) is currently considered Modestly Overvalued. The stock's GF Value™ is €118.08, compared to a current price of €152.40 — trading 29.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €32.30. Erste Bank Polska's overall GF Score™ is 68/100 with 9 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 Erste Bank Polska (FRA:BZI), the current Cyclically Adjusted Revenue per Share is €32.30 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 Erste Bank Polska (FRA:BZI) Overvalued in 2026?

Based on GuruFocus' analysis, Erste Bank Polska stock appears to be overvalued. The current stock price of €152.40 is trading 29.1% above its estimated GF Value™ of €118.08. GuruFocus considers Erste Bank Polska to be Modestly Overvalued.

Key valuation signals for FRA:BZI:

  • Cyclically Adjusted Revenue per Share: €32.30
  • GF Value™: €118.08 vs. price of €152.40 (29.1% above fair value)
  • GF Score™: 68/100 with 9 warning signs

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


Erste Bank Polska Business Description

Other Exchanges BKZHY:USAEBP:Poland
Address Plac Europejski 3A, Warszawa, POL, 00-854
Erste Bank Polska SA is a commercial bank. It provides financial products and services such as Personal accounts, Payment cards, Loans, Savings and investments, and products for overseas customers.
68GF Score

Get the complete analysis for FRA:BZI

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

€152.40
Price
€118.08
GF Value