Swedbank AB (FRA:FRYA) Cyclically Adjusted Revenue per Share: €4.87 (As of Jun. 2026)

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FRA:FRYA Swedbank AB FRA:FRYA
61 GF Score
Price €34.94
GF Value €19.69
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Swedbank AB Cyclically Adjusted Revenue per Share?

Swedbank AB FRA:FRYA +3.13% 61 Cyclically Adjusted Revenue per Share is €4.87 as of Jun. 2026. GuruFocus rates FRA:FRYA with a GF Score™ of 61/100 and a GF Value™ of €19.69 (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 Jun. 2026 was €1.856. 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 €4.87 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Swedbank AB's average Cyclically Adjusted Revenue Growth Rate was 4.10% 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 (2026-09-15), Swedbank AB's current stock price is €34.94. Swedbank AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €4.87. Swedbank AB's Cyclically Adjusted PS Ratio of today is 7.17.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Swedbank AB was 7.09. The lowest was 2.89. And the median was 4.33.


Swedbank AB  (FRA:FRYA) 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
=34.94/4.87
=7.17

* 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 7.09. The lowest was 2.89. And the median was 4.33.


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 3.80 4.02 4.41 4.49 4.92

Swedbank AB 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 4.70 4.74 4.92 4.95 4.87

FRA:FRYA vs 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.


FRA:FRYA
61GF Score
Swedbank AB FRA:FRYA
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 Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.856/134.6100*134.6100
=1.856

Current CPI (Jun. 2026) = 134.6100.

Swedbank AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.066 101.138 1.419
201612 1.049 102.022 1.384
201703 1.102 102.022 1.454
201706 1.105 102.752 1.448
201709 1.079 103.279 1.406
201712 1.137 103.793 1.475
201803 1.067 103.962 1.382
201806 1.062 104.875 1.363
201809 1.056 105.679 1.345
201812 1.055 105.912 1.341
201903 1.086 105.886 1.381
201906 1.085 106.742 1.368
201909 1.047 107.214 1.315
201912 1.129 107.766 1.410
202003 0.981 106.563 1.239
202006 1.140 107.498 1.428
202009 1.118 107.635 1.398
202012 1.164 108.296 1.447
202103 1.156 108.360 1.436
202106 1.199 108.928 1.482
202109 1.199 110.338 1.463
202112 1.181 112.486 1.413
202203 1.246 114.825 1.461
202206 1.199 118.384 1.363
202209 1.351 122.296 1.487
202212 1.562 126.365 1.664
202303 1.630 127.042 1.727
202306 1.682 129.407 1.750
202309 1.645 130.224 1.700
202312 1.513 131.912 1.544
202403 1.773 132.205 1.805
202406 1.678 132.716 1.702
202409 1.745 132.304 1.775
202412 1.684 132.987 1.705
202503 1.618 132.825 1.640
202506 1.663 133.699 1.674
202509 1.606 133.480 1.620
202512 1.640 133.380 1.655
202603 1.694 133.550 1.707
202606 1.856 134.610 1.856

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 €4.87 mean?
Swedbank AB (FRA:FRYA) has a Cyclically Adjusted Revenue per Share of €4.87 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 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 €4.87. Overall, Swedbank AB has a GF Score™ of 61/100 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 USB?
Swedbank AB's Cyclically Adjusted Revenue per Share of €4.87 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 €4.87. 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 (FRA:FRYA) is currently considered Significantly Overvalued. The stock's GF Value™ is €19.69, compared to a current price of €34.94 — trading 77.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €4.87. Swedbank AB's overall GF Score™ is 61/100 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 (FRA:FRYA), the current Cyclically Adjusted Revenue per Share is €4.87 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 Swedbank AB (FRA:FRYA) Overvalued in 2026?

Based on GuruFocus' analysis, Swedbank AB stock appears to be overvalued. The current stock price of €34.94 is trading 77.5% above its estimated GF Value™ of €19.69. GuruFocus considers Swedbank AB to be Significantly Overvalued.

Key valuation signals for FRA:FRYA:

  • Cyclically Adjusted Revenue per Share: €4.87
  • GF Value™: €19.69 vs. price of €34.94 (77.5% above fair value)
  • GF Score™: 61/100 with 10 warning signs

No single metric tells the full story. See the FRA:FRYA 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.
61GF Score

Get the complete analysis for FRA:FRYA

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

€34.94
Price
€19.69
GF Value