German American Bancorp (FRA:GAB) Cyclically Adjusted Revenue per Share: €7.59 (As of Mar. 2026)

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FRA:GAB German American Bancorp Inc FRA:GAB
65 GF Score
Price €40.20
GF Value €37.04
Valuation Fairly Valued
! 3 Warning Signs
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What is German American Bancorp Cyclically Adjusted Revenue per Share?

German American Bancorp FRA:GAB +1.01% 65 Cyclically Adjusted Revenue per Share is €7.59 as of Mar. 2026. GuruFocus rates FRA:GAB with a GF Score™ of 65/100 and a GF Value™ of €37.04 (Fairly Valued). The stock has 3 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.

German American Bancorp's adjusted revenue per share for the three months ended in Mar. 2026 was €2.215. 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 €7.59 for the trailing ten years ended in Mar. 2026.

During the past 12 months, German American Bancorp's average Cyclically Adjusted Revenue Growth Rate was 6.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.70% 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 German American Bancorp was 9.80% per year. The lowest was -0.50% per year. And the median was 5.85% per year.

As of today (2026-07-17), German American Bancorp's current stock price is €40.20. German American Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €7.59. German American Bancorp's Cyclically Adjusted PS Ratio of today is 5.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of German American Bancorp was 7.94. The lowest was 3.23. And the median was 5.30.


German American Bancorp  (FRA:GAB) 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.

German American Bancorp's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=40.20/7.59
=5.30

* 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 German American Bancorp was 7.94. The lowest was 3.23. And the median was 5.30.


Be Aware

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


German American Bancorp Cyclically Adjusted Revenue per Share Related Terms


German American Bancorp Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for German American Bancorp'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.

German American Bancorp Cyclically Adjusted Revenue per Share Chart

German American Bancorp 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 6.09 7.08 7.37 7.08 7.38

German American Bancorp 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 7.47 7.21 7.18 7.38 7.59

FRA:GAB vs FSUN, DCOM, STBA: Cyclically Adjusted Revenue per Share Comparison

For the Banks - Regional subindustry, German American Bancorp'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.


German American Bancorp Cyclically Adjusted PS Ratio vs Banks Industry

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

* The bar in red indicates where German American Bancorp's Cyclically Adjusted PS Ratio falls into.


FRA:GAB
65GF Score
German American Bancorp Inc FRA:GAB
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

German American Bancorp 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, German American Bancorp'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)
=2.215/330.2130*330.2130
=2.215

Current CPI (Mar. 2026) = 330.2130.

German American Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.273 241.018 1.744
201609 1.283 241.428 1.755
201612 1.376 241.432 1.882
201703 1.343 243.801 1.819
201706 1.266 244.955 1.707
201709 1.214 246.819 1.624
201712 1.218 246.524 1.631
201803 1.241 249.554 1.642
201806 1.355 251.989 1.776
201809 1.400 252.439 1.831
201812 1.523 251.233 2.002
201903 1.604 254.202 2.084
201906 1.563 256.143 2.015
201909 1.726 256.759 2.220
201912 1.710 256.974 2.197
202003 1.708 258.115 2.185
202006 1.705 257.797 2.184
202009 1.655 260.280 2.100
202012 1.763 260.474 2.235
202103 1.710 264.877 2.132
202106 1.682 271.696 2.044
202109 1.820 274.310 2.191
202112 1.857 278.802 2.199
202203 1.948 287.504 2.237
202206 2.078 296.311 2.316
202209 2.254 296.808 2.508
202212 2.115 296.797 2.353
202303 2.025 301.836 2.215
202306 1.971 305.109 2.133
202309 1.976 307.789 2.120
202312 1.898 306.746 2.043
202403 1.890 312.332 1.998
202406 0.832 314.175 0.874
202409 1.894 315.301 1.984
202412 2.096 315.605 2.193
202503 2.171 319.799 2.242
202506 2.079 322.561 2.128
202509 2.140 324.800 2.176
202512 2.186 324.054 2.228
202603 2.215 330.213 2.215

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 €7.59 mean?
German American Bancorp (FRA:GAB) has a Cyclically Adjusted Revenue per Share of €7.59 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 German American Bancorp and its competitors.
Is German American Bancorp's Cyclically Adjusted Revenue per Share too high?
German American Bancorp's current Cyclically Adjusted Revenue per Share is €7.59. Overall, German American Bancorp has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does German American Bancorp's Cyclically Adjusted Revenue per Share compare to FSUN and DCOM?
German American Bancorp's Cyclically Adjusted Revenue per Share of €7.59 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 German American Bancorp and its competitors. German American Bancorp's current Cyclically Adjusted Revenue per Share is €7.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is German American Bancorp stock overvalued right now?
Based on GuruFocus' analysis, German American Bancorp (FRA:GAB) is currently considered Fairly Valued. The stock's GF Value™ is €37.04, compared to a current price of €40.20 — trading 8.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €7.59. German American Bancorp's overall GF Score™ is 65/100 with 3 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 German American Bancorp (FRA:GAB), the current Cyclically Adjusted Revenue per Share is €7.59 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 German American Bancorp (FRA:GAB) Overvalued in 2026?

Based on GuruFocus' analysis, German American Bancorp stock appears to be overvalued. The current stock price of €40.20 is trading 8.5% above its estimated GF Value™ of €37.04. GuruFocus considers German American Bancorp to be Fairly Valued.

Key valuation signals for FRA:GAB:

  • Cyclically Adjusted Revenue per Share: €7.59
  • GF Value™: €37.04 vs. price of €40.20 (8.5% above fair value)
  • GF Score™: 65/100 with 3 warning signs

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


German American Bancorp Business Description

Other Exchanges GABC:USA
Address 711 Main Street, P.O. Box 810, Jasper, IN, USA, 47546
German American Bancorp Inc is a bank holding company. The lines of business include the core banking segment and the wealth management segment. The core banking segment involves attracting deposits from the general public and using those funds to originate consumer, commercial, and agricultural real estate, and residential mortgage loans. These core banking activities also include the sale of residential mortgage loans in the secondary market. Wealth management services, which involve providing trust, investment advisory, brokerage, and retirement planning services to customers. The company generates the majority of its revenue from the core banking segment.
65GF Score

Get the complete analysis for FRA:GAB

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

€40.20
Price
€37.04
GF Value