Erste Group Bank AG. (FRA:EBO) Cyclically Adjusted Revenue per Share: €25.16 (As of Mar. 2026)

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FRA:EBO Erste Group Bank AG. FRA:EBO
70 GF Score
Price €114.30
GF Value €67.11
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Erste Group Bank AG. Cyclically Adjusted Revenue per Share?

Erste Group Bank AG. FRA:EBO +2.42% 70 Cyclically Adjusted Revenue per Share is €25.16 as of Mar. 2026. GuruFocus rates FRA:EBO with a GF Score™ of 70/100 and a GF Value™ of €67.11 (Significantly 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.

Erste Group Bank AG.'s adjusted revenue per share for the three months ended in Mar. 2026 was €9.268. 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 €25.16 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Erste Group Bank AG.'s average Cyclically Adjusted Revenue Growth Rate was 7.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.70% 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 Group Bank AG. was 7.60% per year. The lowest was -1.10% per year. And the median was 4.25% per year.

As of today (2026-07-22), Erste Group Bank AG.'s current stock price is €114.30. Erste Group Bank AG.'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €25.16. Erste Group Bank AG.'s Cyclically Adjusted PS Ratio of today is 4.54.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Erste Group Bank AG. was 4.77. The lowest was 0.86. And the median was 1.88.


Erste Group Bank AG.  (FRA:EBO) 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 Group Bank AG.'s Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=114.30/25.16
=4.54

* 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 Group Bank AG. was 4.77. The lowest was 0.86. And the median was 1.88.


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 Group Bank AG. Cyclically Adjusted Revenue per Share Related Terms


Erste Group Bank AG. Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Erste Group Bank AG.'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 Group Bank AG. Cyclically Adjusted Revenue per Share Chart

Erste Group Bank AG. 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 18.08 19.34 20.97 22.14 23.56

Erste Group Bank AG. 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 23.32 23.39 23.89 23.56 25.16

FRA:EBO vs PNC, USB: Cyclically Adjusted Revenue per Share Comparison

For the Banks - Regional subindustry, Erste Group Bank AG.'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 Group Bank AG. Cyclically Adjusted PS Ratio vs Banks Industry

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

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


FRA:EBO
70GF Score
Erste Group Bank AG. FRA:EBO
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Erste Group Bank AG. 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 Group Bank AG.'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)
=9.268/142.1600*142.1600
=9.268

Current CPI (Mar. 2026) = 142.1600.

Erste Group Bank AG. Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.541 101.092 6.386
201609 3.919 101.192 5.506
201612 4.212 102.092 5.865
201703 3.841 102.592 5.322
201706 4.023 102.991 5.553
201709 4.154 103.591 5.701
201712 4.208 104.291 5.736
201803 3.888 104.491 5.290
201806 4.195 105.091 5.675
201809 4.017 105.691 5.403
201812 4.245 106.291 5.678
201903 4.172 106.391 5.575
201906 3.808 106.791 5.069
201909 4.226 106.991 5.615
201912 4.348 108.091 5.718
202003 3.974 108.024 5.230
202006 4.423 107.915 5.827
202009 4.466 108.348 5.860
202012 4.452 109.321 5.789
202103 4.295 110.186 5.541
202106 4.000 110.943 5.126
202109 4.736 111.916 6.016
202112 4.439 113.971 5.537
202203 4.799 117.647 5.799
202206 5.119 120.567 6.036
202209 5.098 123.811 5.854
202212 5.139 125.541 5.819
202303 5.826 128.460 6.447
202306 6.519 130.191 7.118
202309 6.649 131.272 7.200
202312 6.277 132.570 6.731
202403 6.625 133.759 7.041
202406 6.845 134.083 7.257
202409 6.693 133.651 7.119
202412 7.168 135.273 7.533
202503 6.820 137.760 7.038
202506 7.325 138.517 7.518
202509 7.113 138.950 7.277
202512 7.796 140.350 7.897
202603 9.268 142.160 9.268

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 €25.16 mean?
Erste Group Bank AG. (FRA:EBO) has a Cyclically Adjusted Revenue per Share of €25.16 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 Group Bank AG. and its competitors.
Is Erste Group Bank AG.'s Cyclically Adjusted Revenue per Share too high?
Erste Group Bank AG.'s current Cyclically Adjusted Revenue per Share is €25.16. Overall, Erste Group Bank AG. has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Erste Group Bank AG.'s Cyclically Adjusted Revenue per Share compare to PNC and USB?
Erste Group Bank AG.'s Cyclically Adjusted Revenue per Share of €25.16 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 Group Bank AG. and its competitors. Erste Group Bank AG.'s current Cyclically Adjusted Revenue per Share is €25.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erste Group Bank AG. stock overvalued right now?
Based on GuruFocus' analysis, Erste Group Bank AG. (FRA:EBO) is currently considered Significantly Overvalued. The stock's GF Value™ is €67.11, compared to a current price of €114.30 — trading 70.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €25.16. Erste Group Bank AG.'s overall GF Score™ is 70/100 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 Erste Group Bank AG. (FRA:EBO), the current Cyclically Adjusted Revenue per Share is €25.16 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 Group Bank AG. (FRA:EBO) Overvalued in 2026?

Based on GuruFocus' analysis, Erste Group Bank AG. stock appears to be overvalued. The current stock price of €114.30 is trading 70.3% above its estimated GF Value™ of €67.11. GuruFocus considers Erste Group Bank AG. to be Significantly Overvalued.

Key valuation signals for FRA:EBO:

  • Cyclically Adjusted Revenue per Share: €25.16
  • GF Value™: €67.11 vs. price of €114.30 (70.3% above fair value)
  • GF Score™: 70/100 with 6 warning signs

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


Erste Group Bank AG. Business Description

Address Am Belvedere 1, Vienna, AUT, A-1100
Erste Group Bank AG. is an Austria-based financial services provider catering to the needs of individuals, corporates, small businesses, and other enterprises. It offers a complete range of banking and other financial services, such as savings accounts, asset management (including investment funds), consumer credit and mortgage lending, investment banking, securities and derivatives trading, project finance, foreign exchange trading, leasing, factoring, etc. The Group's operating segments are defined according to the core markets in which it operates and include Austria, Central and Eastern Europe, and Other. Maximum revenue is generated from the Central and Eastern Europe segment, which represents its operations in the Czech Republic, Slovakia, Romania, Hungary, Croatia, and Serbia.
70GF Score

Get the complete analysis for FRA:EBO

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

€114.30
Price
€67.11
GF Value