Svenska Handelsbanken AB (FRA:SVHH) Cyclically Adjusted Revenue per Share: €2.58 (As of Jun. 2026)

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FRA:SVHH Svenska Handelsbanken AB FRA:SVHH
63 GF Score
Price €13.28
GF Value €9.71
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Svenska Handelsbanken AB Cyclically Adjusted Revenue per Share?

Svenska Handelsbanken AB FRA:SVHH +0.99% 63 Cyclically Adjusted Revenue per Share is €2.58 as of Jun. 2026. GuruFocus rates FRA:SVHH with a GF Score™ of 63/100 and a GF Value™ of €9.71 (Significantly Overvalued). The stock has 7 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.

Svenska Handelsbanken AB's adjusted revenue per share for the three months ended in Jun. 2026 was €0.621. 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 €2.58 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Svenska Handelsbanken AB's average Cyclically Adjusted Revenue Growth Rate was 0.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.40% 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 Svenska Handelsbanken AB was 8.60% per year. The lowest was 3.60% per year. And the median was 7.10% per year.

As of today (2026-08-04), Svenska Handelsbanken AB's current stock price is €13.275. Svenska Handelsbanken AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €2.58. Svenska Handelsbanken AB's Cyclically Adjusted PS Ratio of today is 5.15.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Svenska Handelsbanken AB was 5.08. The lowest was 3.25. And the median was 4.18.


Svenska Handelsbanken AB  (FRA:SVHH) 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.

Svenska Handelsbanken AB's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=13.275/2.58
=5.15

* 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 Svenska Handelsbanken AB was 5.08. The lowest was 3.25. And the median was 4.18.


Be Aware

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


Svenska Handelsbanken AB Cyclically Adjusted Revenue per Share Related Terms


Svenska Handelsbanken AB Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Svenska Handelsbanken 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.

Svenska Handelsbanken AB Cyclically Adjusted Revenue per Share Chart

Svenska Handelsbanken 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 2.17 2.29 2.48 2.46 2.60

Svenska Handelsbanken 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 2.57 2.61 2.60 2.63 2.58

FRA:SVHH vs JPM, BAC, WFC: Cyclically Adjusted Revenue per Share Comparison

For the Banks - Diversified subindustry, Svenska Handelsbanken 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.


Svenska Handelsbanken AB Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Svenska Handelsbanken AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Svenska Handelsbanken AB's Cyclically Adjusted PS Ratio falls into.


FRA:SVHH
63GF Score
Svenska Handelsbanken AB FRA:SVHH
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Svenska Handelsbanken 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, Svenska Handelsbanken 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)
=0.621/134.6100*134.6100
=0.621

Current CPI (Jun. 2026) = 134.6100.

Svenska Handelsbanken AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.553 101.138 0.736
201612 0.528 102.022 0.697
201703 0.535 102.022 0.706
201706 0.532 102.752 0.697
201709 0.543 103.279 0.708
201712 0.567 103.793 0.735
201803 0.515 103.962 0.667
201806 0.573 104.875 0.735
201809 0.520 105.679 0.662
201812 0.547 105.912 0.695
201903 0.519 105.886 0.660
201906 0.536 106.742 0.676
201909 0.524 107.214 0.658
201912 0.549 107.766 0.686
202003 0.517 106.563 0.653
202006 0.512 107.498 0.641
202009 0.533 107.635 0.667
202012 0.520 108.296 0.646
202103 0.523 108.360 0.650
202106 0.541 108.928 0.669
202109 0.550 110.338 0.671
202112 0.579 112.486 0.693
202203 0.540 114.825 0.633
202206 0.478 118.384 0.544
202209 0.604 122.296 0.665
202212 0.646 126.365 0.688
202303 0.675 127.042 0.715
202306 0.656 129.407 0.682
202309 0.691 130.224 0.714
202312 0.717 131.912 0.732
202403 0.681 132.205 0.693
202406 0.691 132.716 0.701
202409 0.691 132.304 0.703
202412 0.706 132.987 0.715
202503 0.690 132.825 0.699
202506 0.633 133.699 0.637
202509 0.649 133.480 0.654
202512 0.658 133.390 0.664
202603 0.694 133.560 0.699
202606 0.621 134.610 0.621

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 €2.58 mean?
Svenska Handelsbanken AB (FRA:SVHH) has a Cyclically Adjusted Revenue per Share of €2.58 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 Svenska Handelsbanken AB and its competitors.
Is Svenska Handelsbanken AB's Cyclically Adjusted Revenue per Share too high?
Svenska Handelsbanken AB's current Cyclically Adjusted Revenue per Share is €2.58. Overall, Svenska Handelsbanken AB has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Svenska Handelsbanken AB's Cyclically Adjusted Revenue per Share compare to JPM and BAC?
Svenska Handelsbanken AB's Cyclically Adjusted Revenue per Share of €2.58 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 Svenska Handelsbanken AB and its competitors. Svenska Handelsbanken AB's current Cyclically Adjusted Revenue per Share is €2.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Svenska Handelsbanken AB stock overvalued right now?
Based on GuruFocus' analysis, Svenska Handelsbanken AB (FRA:SVHH) is currently considered Significantly Overvalued. The stock's GF Value™ is €9.71, compared to a current price of €13.28 — trading 36.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €2.58. Svenska Handelsbanken AB's overall GF Score™ is 63/100 with 7 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 Svenska Handelsbanken AB (FRA:SVHH), the current Cyclically Adjusted Revenue per Share is €2.58 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 Svenska Handelsbanken AB (FRA:SVHH) Overvalued in 2026?

Based on GuruFocus' analysis, Svenska Handelsbanken AB stock appears to be overvalued. The current stock price of €13.28 is trading 36.7% above its estimated GF Value™ of €9.71. GuruFocus considers Svenska Handelsbanken AB to be Significantly Overvalued.

Key valuation signals for FRA:SVHH:

  • Cyclically Adjusted Revenue per Share: €2.58
  • GF Value™: €9.71 vs. price of €13.28 (36.7% above fair value)
  • GF Score™: 63/100 with 7 warning signs

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


Svenska Handelsbanken AB Business Description

Address Kungstradgardsgatan 2, Stockholm, SWE, SE-106 70
Handelsbanken is one of the largest Swedish banks with significant exposure to the Swedish mortgage market; about 44% of total loans are tied to the Swedish real estate market. Outside of Sweden, the bank operates primarily in the UK and the Netherlands. Handelsbanken generates about three-fourths of its income from its interest-spread-based business, including mortgages, household loans, and corporate loans to large and small enterprises.
63GF Score

Get the complete analysis for FRA:SVHH

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

€13.28
Price
€9.71
GF Value