SpareBank 1 Nordmore (STU:MZ3) Cyclically Adjusted Revenue per Share: €17.93 (As of Mar. 2026)

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STU:MZ3 SpareBank 1 Nordmore STU:MZ3
62 GF Score
Price €16.14
GF Value €13.43
Valuation Modestly Overvalued
! 3 Warning Signs
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What is SpareBank 1 Nordmore Cyclically Adjusted Revenue per Share?

SpareBank 1 Nordmore STU:MZ3 -0.09% 62 Cyclically Adjusted Revenue per Share is €17.93 as of Mar. 2026. GuruFocus rates STU:MZ3 with a GF Score™ of 62/100 and a GF Value™ of €13.43 (Modestly Overvalued). 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.

SpareBank 1 Nordmore's adjusted revenue per share for the three months ended in Mar. 2026 was €2.289. 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 €17.93 for the trailing ten years ended in Mar. 2026.

During the past 12 months, SpareBank 1 Nordmore's average Cyclically Adjusted Revenue Growth Rate was -7.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -8.00% 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 SpareBank 1 Nordmore was -6.00% per year. The lowest was -8.00% per year. And the median was -7.00% per year.

As of today (2026-07-28), SpareBank 1 Nordmore's current stock price is €16.142. SpareBank 1 Nordmore's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €17.93. SpareBank 1 Nordmore's Cyclically Adjusted PS Ratio of today is 0.90.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of SpareBank 1 Nordmore was 0.98. The lowest was 0.44. And the median was 0.50.


SpareBank 1 Nordmore  (STU:MZ3) 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.

SpareBank 1 Nordmore's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=16.142/17.93
=0.90

* 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 SpareBank 1 Nordmore was 0.98. The lowest was 0.44. And the median was 0.50.


Be Aware

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


SpareBank 1 Nordmore Cyclically Adjusted Revenue per Share Related Terms


SpareBank 1 Nordmore Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for SpareBank 1 Nordmore'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.

SpareBank 1 Nordmore Cyclically Adjusted Revenue per Share Chart

SpareBank 1 Nordmore 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 0.00 22.21 18.85 17.83

SpareBank 1 Nordmore 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 19.19 18.09 18.01 17.83 17.93

SpareBank 1 Nordmore Cyclically Adjusted Revenue per Share Competitor Comparison

For the Banks - Regional subindustry, SpareBank 1 Nordmore'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.


SpareBank 1 Nordmore Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 Nordmore's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where SpareBank 1 Nordmore's Cyclically Adjusted PS Ratio falls into.


STU:MZ3
62GF Score
SpareBank 1 Nordmore STU:MZ3
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SpareBank 1 Nordmore 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, SpareBank 1 Nordmore'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)
=2.289/141.0300*141.0300
=2.289

Current CPI (Mar. 2026) = 141.0300.

SpareBank 1 Nordmore Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 11.077 103.800 15.050
201609 9.608 104.200 13.004
201612 7.712 104.400 10.418
201703 9.268 105.000 12.448
201706 10.636 105.800 14.178
201709 4.380 105.900 5.833
201712 5.576 106.100 7.412
201803 5.525 107.300 7.262
201806 5.162 108.500 6.710
201809 4.156 109.500 5.353
201812 4.111 109.800 5.280
201903 6.984 110.400 8.922
201906 5.308 110.600 6.768
201909 4.701 111.100 5.967
201912 5.014 111.300 6.353
202003 3.718 111.200 4.715
202006 4.361 112.100 5.486
202009 4.668 112.900 5.831
202012 3.999 112.900 4.995
202103 4.883 114.600 6.009
202106 1.653 115.300 2.022
202109 1.842 117.500 2.211
202112 1.696 118.900 2.012
202203 2.359 119.800 2.777
202206 1.885 122.600 2.168
202209 1.905 125.600 2.139
202212 2.436 125.900 2.729
202303 2.006 127.600 2.217
202306 2.029 130.400 2.194
202309 2.092 129.800 2.273
202312 2.351 131.900 2.514
202403 2.373 132.600 2.524
202406 2.299 133.800 2.423
202409 2.481 133.700 2.617
202412 2.668 134.800 2.791
202503 2.247 136.100 2.328
202506 2.915 137.800 2.983
202509 2.468 138.500 2.513
202512 2.300 139.100 2.332
202603 2.289 141.030 2.289

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 €17.93 mean?
SpareBank 1 Nordmore (STU:MZ3) has a Cyclically Adjusted Revenue per Share of €17.93 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 SpareBank 1 Nordmore and its competitors.
Is SpareBank 1 Nordmore's Cyclically Adjusted Revenue per Share too high?
SpareBank 1 Nordmore's current Cyclically Adjusted Revenue per Share is €17.93. Overall, SpareBank 1 Nordmore has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SpareBank 1 Nordmore's Cyclically Adjusted Revenue per Share compare to competitors?
SpareBank 1 Nordmore's Cyclically Adjusted Revenue per Share of €17.93 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 SpareBank 1 Nordmore and its competitors. SpareBank 1 Nordmore's current Cyclically Adjusted Revenue per Share is €17.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SpareBank 1 Nordmore stock overvalued right now?
Based on GuruFocus' analysis, SpareBank 1 Nordmore (STU:MZ3) is currently considered Modestly Overvalued. The stock's GF Value™ is €13.43, compared to a current price of €16.14 — trading 20.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €17.93. SpareBank 1 Nordmore's overall GF Score™ is 62/100 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 SpareBank 1 Nordmore (STU:MZ3), the current Cyclically Adjusted Revenue per Share is €17.93 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 SpareBank 1 Nordmore (STU:MZ3) Overvalued in 2026?

Based on GuruFocus' analysis, SpareBank 1 Nordmore stock appears to be overvalued. The current stock price of €16.14 is trading 20.2% above its estimated GF Value™ of €13.43. GuruFocus considers SpareBank 1 Nordmore to be Modestly Overvalued.

Key valuation signals for STU:MZ3:

  • Cyclically Adjusted Revenue per Share: €17.93
  • GF Value™: €13.43 vs. price of €16.14 (20.2% above fair value)
  • GF Score™: 62/100 with 3 warning signs

No single metric tells the full story. See the STU:MZ3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SpareBank 1 Nordmore Business Description

Other Exchanges SNOR:Norway
Address Hammersborggata 11, Oslo, NOR, 0179
SpareBank 1 Nordmore, formerly Sparebank 1 Nordvest is an independent and local bank in More og Romsdal. The company offers banking products and services including Private online banking Online banking business, Insurance, and Pension. It has one segment, which is lending to finance commercial property, including lending that represents the joint debt in a condominium or housing association.
62GF Score

Get the complete analysis for STU:MZ3

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

€16.14
Price
€13.43
GF Value