AL Sydbank A/S (FRA:TM2) Cyclically Adjusted Revenue per Share: €13.63 (As of Mar. 2026)


FRA:TM2 AL Sydbank A/S FRA:TM2
69 GF Score
Price €79.85
GF Value €55.76
Valuation Significantly Overvalued
! 7 Warning Signs
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What is AL Sydbank A/S Cyclically Adjusted Revenue per Share?

AL Sydbank A/S FRA:TM2 -0.31% 69 Cyclically Adjusted Revenue per Share is €13.63 as of Mar. 2026. GuruFocus rates FRA:TM2 with a GF Score™ of 69/100 and a GF Value™ of €55.76 (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.

AL Sydbank A/S's adjusted revenue per share for the three months ended in Mar. 2026 was €4.555. 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 €13.63 for the trailing ten years ended in Mar. 2026.

During the past 12 months, AL Sydbank A/S's average Cyclically Adjusted Revenue Growth Rate was 8.60% 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 9.10% 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 AL Sydbank A/S was 9.70% per year. The lowest was 1.90% per year. And the median was 8.40% per year.

As of today (2026-07-10), AL Sydbank A/S's current stock price is €79.85. AL Sydbank A/S's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €13.63. AL Sydbank A/S's Cyclically Adjusted PS Ratio of today is 5.86.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of AL Sydbank A/S was 5.87. The lowest was 1.36. And the median was 3.36.


AL Sydbank A/S  (FRA:TM2) 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.

AL Sydbank A/S's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=79.85/13.63
=5.86

* 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 AL Sydbank A/S was 5.87. The lowest was 1.36. And the median was 3.36.


Be Aware

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


AL Sydbank A/S Cyclically Adjusted Revenue per Share Related Terms


AL Sydbank A/S Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for AL Sydbank A/S'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.

AL Sydbank A/S Cyclically Adjusted Revenue per Share Chart

AL Sydbank A/S 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 9.27 10.42 11.08 12.31 13.25

AL Sydbank A/S 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 12.63 13.02 13.18 13.25 13.63

AL Sydbank A/S Cyclically Adjusted Revenue per Share Competitor Comparison

For the Banks - Regional subindustry, AL Sydbank A/S'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.


AL Sydbank A/S Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, AL Sydbank A/S's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where AL Sydbank A/S's Cyclically Adjusted PS Ratio falls into.


FRA:TM2
69GF Score
AL Sydbank A/S FRA:TM2
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AL Sydbank A/S 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, AL Sydbank A/S'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)
=4.555/121.6800*121.6800
=4.555

Current CPI (Mar. 2026) = 121.6800.

AL Sydbank A/S Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.258 100.600 2.731
201609 2.193 100.200 2.663
201612 2.300 100.300 2.790
201703 2.502 101.200 3.008
201706 2.236 101.200 2.689
201709 2.151 101.800 2.571
201712 2.149 101.300 2.581
201803 2.433 101.700 2.911
201806 1.951 102.300 2.321
201809 2.131 102.400 2.532
201812 1.910 102.100 2.276
201903 2.156 102.900 2.549
201906 2.045 102.900 2.418
201909 2.174 102.900 2.571
201912 2.150 102.900 2.542
202003 2.008 103.300 2.365
202006 2.324 103.200 2.740
202009 2.207 103.500 2.595
202012 2.349 103.400 2.764
202103 2.626 104.300 3.064
202106 2.626 105.000 3.043
202109 2.566 105.800 2.951
202112 2.996 106.600 3.420
202203 3.051 109.900 3.378
202206 2.680 113.600 2.871
202209 2.994 116.400 3.130
202212 3.854 115.900 4.046
202303 4.235 117.300 4.393
202306 4.335 116.400 4.532
202309 4.592 117.400 4.759
202312 5.179 116.700 5.400
202403 4.827 118.400 4.961
202406 4.639 118.500 4.763
202409 4.815 118.900 4.928
202412 4.718 118.900 4.828
202503 4.651 120.200 4.708
202506 4.559 120.700 4.596
202509 4.750 121.600 4.753
202512 5.234 121.200 5.255
202603 4.555 121.680 4.555

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 €13.63 mean?
AL Sydbank A/S (FRA:TM2) has a Cyclically Adjusted Revenue per Share of €13.63 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 AL Sydbank A/S and its competitors.
Is AL Sydbank A/S's Cyclically Adjusted Revenue per Share too high?
AL Sydbank A/S's current Cyclically Adjusted Revenue per Share is €13.63. Overall, AL Sydbank A/S has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AL Sydbank A/S's Cyclically Adjusted Revenue per Share compare to competitors?
AL Sydbank A/S's Cyclically Adjusted Revenue per Share of €13.63 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 AL Sydbank A/S and its competitors. AL Sydbank A/S's current Cyclically Adjusted Revenue per Share is €13.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AL Sydbank A/S stock overvalued right now?
Based on GuruFocus' analysis, AL Sydbank A/S (FRA:TM2) is currently considered Significantly Overvalued. The stock's GF Value™ is €55.76, compared to a current price of €79.85 — trading 43.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €13.63. AL Sydbank A/S's overall GF Score™ is 69/100 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 AL Sydbank A/S (FRA:TM2), the current Cyclically Adjusted Revenue per Share is €13.63 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 AL Sydbank A/S (FRA:TM2) Overvalued in 2026?

Based on GuruFocus' analysis, AL Sydbank A/S stock appears to be overvalued. The current stock price of €79.85 is trading 43.2% above its estimated GF Value™ of €55.76. GuruFocus considers AL Sydbank A/S to be Significantly Overvalued.

Key valuation signals for FRA:TM2:

  • Cyclically Adjusted Revenue per Share: €13.63
  • GF Value™: €55.76 vs. price of €79.85 (43.2% above fair value)
  • GF Score™: 69/100 with 7 warning signs

No single metric tells the full story. See the FRA:TM2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AL Sydbank A/S Business Description

Address Peberlyk 4, Aabenraa, DNK, 6200
AL Sydbank A/S is a Danish bank operating in Denmark and with some exposure to Northern Germany. The bank operates through five business segments: Banking, Asset Management, Sydbank Markets, Treasury, and Others. The bank provides various banking and financial advisory services such as mortgage credit, retail banking, investment banking, corporate banking, international banking, and asset management. A vast majority of Sydbank's net revenue is derived from its banking segment, which includes net interest and fee income from retail and corporate clients. The company earns the majority of its revenue in Denmark.
69GF Score

Get the complete analysis for FRA:TM2

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

€79.85
Price
€55.76
GF Value