National Bank of Greece (STU:NAGF) Cyclically Adjusted Revenue per Share: €2.75 (As of Jun. 2026)

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STU:NAGF National Bank of Greece SA STU:NAGF
58 GF Score
Price €16.20
GF Value €8.05
Valuation Significantly Overvalued
! 7 Warning Signs
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What is National Bank of Greece Cyclically Adjusted Revenue per Share?

National Bank of Greece STU:NAGF -1.05% 58 Cyclically Adjusted Revenue per Share is €2.75 as of Jun. 2026. GuruFocus rates STU:NAGF with a GF Score™ of 58/100 and a GF Value™ of €8.05 (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.

National Bank of Greece's adjusted revenue per share for the three months ended in Jun. 2026 was €0.782. 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 €2.75 for the trailing ten years ended in Jun. 2026.

During the past 12 months, National Bank of Greece's average Cyclically Adjusted Revenue Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -78.40% 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 National Bank of Greece was -7.70% per year. The lowest was -78.40% per year. And the median was -24.20% per year.

As of today (2026-08-06), National Bank of Greece's current stock price is €16.20. National Bank of Greece's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €2.75. National Bank of Greece's Cyclically Adjusted PS Ratio of today is 5.89.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of National Bank of Greece was 5.80. The lowest was 0.01. And the median was 0.27.


National Bank of Greece  (STU:NAGF) 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.

National Bank of Greece's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=16.20/2.75
=5.89

* 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 National Bank of Greece was 5.80. The lowest was 0.01. And the median was 0.27.


Be Aware

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


National Bank of Greece Cyclically Adjusted Revenue per Share Related Terms


National Bank of Greece Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for National Bank of Greece'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.

National Bank of Greece Cyclically Adjusted Revenue per Share Chart

National Bank of Greece 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 740.71 256.93 25.95 10.20 2.66

National Bank of Greece 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 4.63 2.61 2.66 2.73 2.75

STU:NAGF vs PNC, USB: Cyclically Adjusted Revenue per Share Comparison

For the Banks - Regional subindustry, National Bank of Greece'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.


National Bank of Greece Cyclically Adjusted PS Ratio vs Banks Industry

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

* The bar in red indicates where National Bank of Greece's Cyclically Adjusted PS Ratio falls into.


STU:NAGF
58GF Score
National Bank of Greece SA STU:NAGF
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Bank of Greece 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, National Bank of Greece'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)
=0.782/126.7200*126.7200
=0.782

Current CPI (Jun. 2026) = 126.7200.

National Bank of Greece Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.482 99.878 0.612
201612 0.537 100.110 0.680
201703 0.508 100.770 0.639
201706 0.446 101.138 0.559
201709 0.401 100.882 0.504
201712 0.595 100.762 0.748
201803 0.444 100.534 0.560
201806 0.404 102.121 0.501
201809 0.384 101.982 0.477
201812 0.459 101.330 0.574
201903 0.488 101.482 0.609
201906 0.455 101.837 0.566
201909 0.514 101.906 0.639
201912 0.545 102.120 0.676
202003 1.193 101.479 1.490
202006 0.365 100.239 0.461
202009 0.449 99.886 0.570
202012 0.829 99.751 1.053
202103 0.934 99.817 1.186
202106 0.362 101.270 0.453
202109 0.380 102.095 0.472
202112 0.422 104.853 0.510
202203 0.497 108.651 0.580
202206 0.620 113.517 0.692
202209 0.491 114.371 0.544
202212 0.593 112.428 0.668
202303 0.693 113.620 0.773
202306 0.711 115.515 0.780
202309 0.767 116.234 0.836
202312 0.681 116.364 0.742
202403 0.837 117.285 0.904
202406 0.757 118.129 0.812
202409 0.793 119.650 0.840
202412 0.631 119.360 0.670
202503 0.742 120.133 0.783
202506 0.750 121.399 0.783
202509 0.706 121.950 0.734
202512 0.587 122.450 0.607
202603 0.792 124.820 0.804
202606 0.782 126.720 0.782

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 €2.75 mean?
National Bank of Greece (STU:NAGF) has a Cyclically Adjusted Revenue per Share of €2.75 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 National Bank of Greece and its competitors.
Is National Bank of Greece's Cyclically Adjusted Revenue per Share too high?
National Bank of Greece's current Cyclically Adjusted Revenue per Share is €2.75. Overall, National Bank of Greece has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Bank of Greece's Cyclically Adjusted Revenue per Share compare to PNC and USB?
National Bank of Greece's Cyclically Adjusted Revenue per Share of €2.75 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 National Bank of Greece and its competitors. National Bank of Greece's current Cyclically Adjusted Revenue per Share is €2.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Bank of Greece stock overvalued right now?
Based on GuruFocus' analysis, National Bank of Greece (STU:NAGF) is currently considered Significantly Overvalued. The stock's GF Value™ is €8.05, compared to a current price of €16.20 — trading 101.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €2.75. National Bank of Greece's overall GF Score™ is 58/100 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 National Bank of Greece (STU:NAGF), the current Cyclically Adjusted Revenue per Share is €2.75 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 National Bank of Greece (STU:NAGF) Overvalued in 2026?

Based on GuruFocus' analysis, National Bank of Greece stock appears to be overvalued. The current stock price of €16.20 is trading 101.2% above its estimated GF Value™ of €8.05. GuruFocus considers National Bank of Greece to be Significantly Overvalued.

Key valuation signals for STU:NAGF:

  • Cyclically Adjusted Revenue per Share: €2.75
  • GF Value™: €8.05 vs. price of €16.20 (101.2% above fair value)
  • GF Score™: 58/100 with 7 warning signs

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


National Bank of Greece Business Description

Address 86 Eolou Street, Athens, GRC, 10559
National Bank of Greece SA consists of several subsidiaries offering diverse financial services, including retail, corporate, and investment banking, specialized asset solutions, transactional banking, leasing, factoring, brokerage, asset management, real estate management, and bancassurance-related services. Its segments include Retail Banking, Corporate and Investment Banking, Trouble Assets Units, Global Markets and Asset Management, International Banking Operations, and Other. The group generates maximum revenue from the Retail Banking segment, which, through its branch network and digital business, offers various types of loans (mortgage, consumer, and small business lending), cards (debit, credit, and prepaid cards), deposits, investment, bancassurance, and other products.
58GF Score

Get the complete analysis for STU:NAGF

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

€16.20
Price
€8.05
GF Value