Holand og Setskog Sparebank (OSL:HSPG) Cyclically Adjusted Revenue per Share: kr291.38 (As of Mar. 2026)

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OSL:HSPG Holand og Setskog Sparebank OSL:HSPG
53 GF Score
Price kr145.30
GF Value kr139.88
Valuation Fairly Valued
! 4 Warning Signs
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What is Holand og Setskog Sparebank Cyclically Adjusted Revenue per Share?

Holand og Setskog Sparebank OSL:HSPG 53 Cyclically Adjusted Revenue per Share is kr291.38 as of Mar. 2026. GuruFocus rates OSL:HSPG with a GF Score™ of 53/100 and a GF Value™ of kr139.88 (Fairly Valued). The stock has 4 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.

Holand og Setskog Sparebank's adjusted revenue per share for the three months ended in Mar. 2026 was kr58.837. 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 kr291.38 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Holand og Setskog Sparebank's average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.20% 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 Holand og Setskog Sparebank was 7.80% per year. The lowest was -44.60% per year. And the median was 5.90% per year.

As of today (2026-07-24), Holand og Setskog Sparebank's current stock price is kr145.30. Holand og Setskog Sparebank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was kr291.38. Holand og Setskog Sparebank's Cyclically Adjusted PS Ratio of today is 0.50.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Holand og Setskog Sparebank was 0.76. The lowest was 0.07. And the median was 0.57.


Holand og Setskog Sparebank  (OSL:HSPG) 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.

Holand og Setskog Sparebank's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=145.30/291.38
=0.50

* 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 Holand og Setskog Sparebank was 0.76. The lowest was 0.07. And the median was 0.57.


Be Aware

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


Holand og Setskog Sparebank Cyclically Adjusted Revenue per Share Related Terms


Holand og Setskog Sparebank Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Holand og Setskog Sparebank'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.

Holand og Setskog Sparebank Cyclically Adjusted Revenue per Share Chart

Holand og Setskog Sparebank 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 231.24 248.77 264.93 274.92 287.38

Holand og Setskog Sparebank 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 278.10 283.19 286.09 287.38 291.38

OSL:HSPG vs PNC, USB: Cyclically Adjusted Revenue per Share Comparison

For the Banks - Regional subindustry, Holand og Setskog Sparebank'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.


Holand og Setskog Sparebank Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Holand og Setskog Sparebank's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Holand og Setskog Sparebank's Cyclically Adjusted PS Ratio falls into.


OSL:HSPG
53GF Score
Holand og Setskog Sparebank OSL:HSPG
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Holand og Setskog Sparebank 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, Holand og Setskog Sparebank'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)
=58.837/141.0300*141.0300
=58.837

Current CPI (Mar. 2026) = 141.0300.

Holand og Setskog Sparebank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 57.911 103.800 78.682
201609 51.109 104.200 69.174
201612 50.558 104.400 68.297
201703 46.070 105.000 61.879
201706 54.063 105.800 72.065
201709 47.648 105.900 63.454
201712 48.843 106.100 64.923
201803 50.635 107.300 66.552
201806 58.677 108.500 76.269
201809 52.231 109.500 67.271
201812 54.249 109.800 69.679
201903 48.407 110.400 61.837
201906 63.735 110.600 81.271
201909 57.042 111.100 72.409
201912 61.765 111.300 78.263
202003 52.503 111.200 66.587
202006 66.390 112.100 83.523
202009 60.618 112.900 75.721
202012 63.275 112.900 79.041
202103 55.541 114.600 68.350
202106 65.978 115.300 80.701
202109 57.922 117.500 69.521
202112 67.379 118.900 79.920
202203 53.442 119.800 62.913
202206 75.576 122.600 86.937
202209 61.356 125.600 68.894
202212 73.977 125.900 82.867
202303 60.057 127.600 66.378
202306 80.685 130.400 87.262
202309 70.980 129.800 77.121
202312 69.900 131.900 74.738
202403 62.852 132.600 66.848
202406 77.459 133.800 81.645
202409 71.856 133.700 75.795
202412 73.953 134.800 77.371
202503 61.096 136.100 63.309
202506 84.449 137.800 86.428
202509 65.924 138.500 67.128
202512 72.939 139.100 73.951
202603 58.837 141.030 58.837

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 kr291.38 mean?
Holand og Setskog Sparebank (OSL:HSPG) has a Cyclically Adjusted Revenue per Share of kr291.38 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 Holand og Setskog Sparebank and its competitors.
Is Holand og Setskog Sparebank's Cyclically Adjusted Revenue per Share too high?
Holand og Setskog Sparebank's current Cyclically Adjusted Revenue per Share is kr291.38. Overall, Holand og Setskog Sparebank has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Holand og Setskog Sparebank's Cyclically Adjusted Revenue per Share compare to PNC and USB?
Holand og Setskog Sparebank's Cyclically Adjusted Revenue per Share of kr291.38 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 Holand og Setskog Sparebank and its competitors. Holand og Setskog Sparebank's current Cyclically Adjusted Revenue per Share is kr291.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Holand og Setskog Sparebank stock overvalued right now?
Based on GuruFocus' analysis, Holand og Setskog Sparebank (OSL:HSPG) is currently considered Fairly Valued. The stock's GF Value™ is kr139.88, compared to a current price of kr145.30 — trading 3.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is kr291.38. Holand og Setskog Sparebank's overall GF Score™ is 53/100 with 4 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 Holand og Setskog Sparebank (OSL:HSPG), the current Cyclically Adjusted Revenue per Share is kr291.38 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 Holand og Setskog Sparebank (OSL:HSPG) Overvalued in 2026?

Based on GuruFocus' analysis, Holand og Setskog Sparebank stock appears to be overvalued. The current stock price of kr145.30 is trading 3.9% above its estimated GF Value™ of kr139.88. GuruFocus considers Holand og Setskog Sparebank to be Fairly Valued.

Key valuation signals for OSL:HSPG:

  • Cyclically Adjusted Revenue per Share: kr291.38
  • GF Value™: kr139.88 vs. price of kr145.30 (3.9% above fair value)
  • GF Score™: 53/100 with 4 warning signs

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


Holand og Setskog Sparebank Business Description

Address Postboks 54, Bjorkelangen, NOR
Holand og Setskog Sparebank operates as a savings bank. It offers a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.
53GF Score

Get the complete analysis for OSL:HSPG

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

kr145.30
Price
kr139.88
GF Value