DNB Bank ASA (STU:D1N) Cyclically Adjusted Revenue per Share: €4.43 (As of Jun. 2026)

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STU:D1N DNB Bank ASA STU:D1N
66 GF Score
Price €26.60
GF Value €23.24
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is DNB Bank ASA Cyclically Adjusted Revenue per Share?

DNB Bank ASA STU:D1N -1.48% 66 Cyclically Adjusted Revenue per Share is €4.43 as of Jun. 2026. GuruFocus rates STU:D1N with a GF Score™ of 66/100 and a GF Value™ of €23.24 (Modestly Overvalued). The stock has 9 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.

DNB Bank ASA's adjusted revenue per share for the three months ended in Jun. 2026 was €1.364. 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 €4.43 for the trailing ten years ended in Jun. 2026.

During the past 12 months, DNB Bank ASA's average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.60% 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 DNB Bank ASA was 7.00% per year. The lowest was 1.00% per year. And the median was 6.05% per year.

As of today (2026-08-08), DNB Bank ASA's current stock price is €26.60. DNB Bank ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €4.43. DNB Bank ASA's Cyclically Adjusted PS Ratio of today is 6.00.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of DNB Bank ASA was 6.44. The lowest was 3.29. And the median was 4.96.


DNB Bank ASA  (STU:D1N) 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.

DNB Bank ASA's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=26.60/4.43
=6.00

* 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 DNB Bank ASA was 6.44. The lowest was 3.29. And the median was 4.96.


Be Aware

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


DNB Bank ASA Cyclically Adjusted Revenue per Share Related Terms


DNB Bank ASA Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for DNB Bank ASA'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.

DNB Bank ASA Cyclically Adjusted Revenue per Share Chart

DNB Bank ASA 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 0.00 3.58 3.64 3.67 3.87

DNB Bank ASA 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 3.77 3.89 3.87 4.11 4.43

DNB Bank ASA Cyclically Adjusted Revenue per Share Competitor Comparison

For the Banks - Regional subindustry, DNB Bank ASA'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.


DNB Bank ASA Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, DNB Bank ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where DNB Bank ASA's Cyclically Adjusted PS Ratio falls into.


STU:D1N
66GF Score
DNB Bank ASA STU:D1N
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DNB Bank ASA 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, DNB Bank ASA'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)
=1.364/141.5800*141.5800
=1.364

Current CPI (Jun. 2026) = 141.5800.

DNB Bank ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.828 104.200 1.125
201612 0.862 104.400 1.169
201703 0.807 105.000 1.088
201706 0.700 105.800 0.937
201709 0.712 105.900 0.952
201712 0.804 106.100 1.073
201803 0.770 107.300 1.016
201806 0.805 108.500 1.050
201809 0.808 109.500 1.045
201812 0.859 109.800 1.108
201903 0.832 110.400 1.067
201906 0.903 110.600 1.156
201909 0.922 111.100 1.175
201912 0.828 111.300 1.053
202003 0.897 111.200 1.142
202006 0.835 112.100 1.055
202009 0.782 112.900 0.981
202012 0.795 112.900 0.997
202103 0.844 114.600 1.043
202106 0.848 115.300 1.041
202109 0.896 117.500 1.080
202112 0.931 118.900 1.109
202203 0.995 119.800 1.176
202206 1.016 122.600 1.173
202209 1.016 125.600 1.145
202212 1.115 125.900 1.254
202303 1.167 127.600 1.295
202306 1.114 130.400 1.210
202309 1.197 129.800 1.306
202312 1.127 131.900 1.210
202403 1.160 132.600 1.239
202406 1.241 133.800 1.313
202409 1.247 133.700 1.320
202412 1.232 134.800 1.294
202503 1.279 136.100 1.330
202506 1.287 137.800 1.322
202509 1.301 138.500 1.330
202512 1.335 139.100 1.359
202603 1.326 141.030 1.331
202606 1.364 141.580 1.364

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 €4.43 mean?
DNB Bank ASA (STU:D1N) has a Cyclically Adjusted Revenue per Share of €4.43 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 DNB Bank ASA and its competitors.
Is DNB Bank ASA's Cyclically Adjusted Revenue per Share too high?
DNB Bank ASA's current Cyclically Adjusted Revenue per Share is €4.43. Overall, DNB Bank ASA has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DNB Bank ASA's Cyclically Adjusted Revenue per Share compare to competitors?
DNB Bank ASA's Cyclically Adjusted Revenue per Share of €4.43 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 DNB Bank ASA and its competitors. DNB Bank ASA's current Cyclically Adjusted Revenue per Share is €4.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DNB Bank ASA stock overvalued right now?
Based on GuruFocus' analysis, DNB Bank ASA (STU:D1N) is currently considered Modestly Overvalued. The stock's GF Value™ is €23.24, compared to a current price of €26.60 — trading 14.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €4.43. DNB Bank ASA's overall GF Score™ is 66/100 with 9 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 DNB Bank ASA (STU:D1N), the current Cyclically Adjusted Revenue per Share is €4.43 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 DNB Bank ASA (STU:D1N) Overvalued in 2026?

Based on GuruFocus' analysis, DNB Bank ASA stock appears to be overvalued. The current stock price of €26.60 is trading 14.5% above its estimated GF Value™ of €23.24. GuruFocus considers DNB Bank ASA to be Modestly Overvalued.

Key valuation signals for STU:D1N:

  • Cyclically Adjusted Revenue per Share: €4.43
  • GF Value™: €23.24 vs. price of €26.60 (14.5% above fair value)
  • GF Score™: 66/100 with 9 warning signs

No single metric tells the full story. See the STU:D1N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DNB Bank ASA Business Description

Address Dronning Eufemias gate 30, Bjorvika, Oslo, NOR, 0191
DNB Bank ASA is a Norwegian financial services group offering financial products and services, including loans and deposits, mutual funds and asset management, life insurance and pension savings, payment and financing services, real estate broking, and services related to the money and capital markets. DNB has the following operating segments: Personal customers, Corporate customers Norway, Large corporates and international customers, and Others. Maximum revenue is generated from its Large corporates and international customers business, which caters to corporate customers across different industries, providing them with various banking and advisory services as well as access to online and mobile banking, and other digital services. DNB derives maximum revenue from its Banking activities.
66GF Score

Get the complete analysis for STU:D1N

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

€26.60
Price
€23.24
GF Value