Oversea-Chinese Banking (STU:OCBA) Cyclically Adjusted Revenue per Share: €2.04 (As of Mar. 2026)

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STU:OCBA Oversea-Chinese Banking Corp Ltd STU:OCBA
63 GF Score
Price €19.09
GF Value €11.32
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Oversea-Chinese Banking Cyclically Adjusted Revenue per Share?

Oversea-Chinese Banking STU:OCBA +2.33% 63 Cyclically Adjusted Revenue per Share is €2.04 as of Mar. 2026. GuruFocus rates STU:OCBA with a GF Score™ of 63/100 and a GF Value™ of €11.32 (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.

Oversea-Chinese Banking's adjusted revenue per share for the three months ended in Mar. 2026 was €0.577. 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 €2.04 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Oversea-Chinese Banking'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 4.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.30% 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 Oversea-Chinese Banking was 6.40% per year. The lowest was 4.10% per year. And the median was 4.80% per year.

As of today (2026-07-15), Oversea-Chinese Banking's current stock price is €19.09. Oversea-Chinese Banking's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €2.04. Oversea-Chinese Banking's Cyclically Adjusted PS Ratio of today is 9.36.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Oversea-Chinese Banking was 9.14. The lowest was 3.69. And the median was 5.06.


Oversea-Chinese Banking  (STU:OCBA) 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.

Oversea-Chinese Banking's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=19.09/2.04
=9.36

* 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 Oversea-Chinese Banking was 9.14. The lowest was 3.69. And the median was 5.06.


Be Aware

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


Oversea-Chinese Banking Cyclically Adjusted Revenue per Share Related Terms


Oversea-Chinese Banking Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Oversea-Chinese Banking'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.

Oversea-Chinese Banking Cyclically Adjusted Revenue per Share Chart

Oversea-Chinese Banking 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 1.63 1.82 1.87 2.01 1.97

Oversea-Chinese Banking 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 2.01 1.96 1.95 1.97 2.04

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

For the Banks - Regional subindustry, Oversea-Chinese Banking'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.


Oversea-Chinese Banking Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Oversea-Chinese Banking's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Oversea-Chinese Banking's Cyclically Adjusted PS Ratio falls into.


STU:OCBA
63GF Score
Oversea-Chinese Banking Corp Ltd STU:OCBA
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oversea-Chinese Banking 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, Oversea-Chinese Banking'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)
=0.577/330.2130*330.2130
=0.577

Current CPI (Mar. 2026) = 330.2130.

Oversea-Chinese Banking Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.321 241.018 0.440
201609 0.334 241.428 0.457
201612 0.323 241.432 0.442
201703 0.329 243.801 0.446
201706 0.351 244.955 0.473
201709 0.352 246.819 0.471
201712 0.383 246.524 0.513
201803 0.337 249.554 0.446
201806 0.372 251.989 0.487
201809 0.376 252.439 0.492
201812 0.352 251.233 0.463
201903 0.413 254.202 0.536
201906 0.394 256.143 0.508
201909 0.405 256.759 0.521
201912 0.441 256.974 0.567
202003 0.362 258.115 0.463
202006 0.380 257.797 0.487
202009 0.353 260.280 0.448
202012 0.343 260.474 0.435
202103 0.408 264.877 0.509
202106 0.350 271.696 0.425
202109 0.359 274.310 0.432
202112 0.353 278.802 0.418
202203 0.393 287.504 0.451
202206 0.385 296.311 0.429
202209 0.482 296.808 0.536
202212 0.456 296.797 0.507
202303 0.519 301.836 0.568
202306 0.524 305.109 0.567
202309 0.524 307.789 0.562
202312 0.490 306.746 0.527
202403 0.554 312.332 0.586
202406 0.553 314.175 0.581
202409 0.587 315.301 0.615
202412 0.534 315.605 0.559
202503 0.563 319.799 0.581
202506 0.531 322.561 0.544
202509 0.560 324.800 0.569
202512 0.523 324.054 0.533
202603 0.577 330.213 0.577

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 €2.04 mean?
Oversea-Chinese Banking (STU:OCBA) has a Cyclically Adjusted Revenue per Share of €2.04 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 Oversea-Chinese Banking and its competitors.
Is Oversea-Chinese Banking's Cyclically Adjusted Revenue per Share too high?
Oversea-Chinese Banking's current Cyclically Adjusted Revenue per Share is €2.04. Overall, Oversea-Chinese Banking has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oversea-Chinese Banking's Cyclically Adjusted Revenue per Share compare to PNC and USB?
Oversea-Chinese Banking's Cyclically Adjusted Revenue per Share of €2.04 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 Oversea-Chinese Banking and its competitors. Oversea-Chinese Banking's current Cyclically Adjusted Revenue per Share is €2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oversea-Chinese Banking stock overvalued right now?
Based on GuruFocus' analysis, Oversea-Chinese Banking (STU:OCBA) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.32, compared to a current price of €19.09 — trading 68.6% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €2.04. Oversea-Chinese Banking's overall GF Score™ is 63/100 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 Oversea-Chinese Banking (STU:OCBA), the current Cyclically Adjusted Revenue per Share is €2.04 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 Oversea-Chinese Banking (STU:OCBA) Overvalued in 2026?

Based on GuruFocus' analysis, Oversea-Chinese Banking stock appears to be overvalued. The current stock price of €19.09 is trading 68.6% above its estimated GF Value™ of €11.32. GuruFocus considers Oversea-Chinese Banking to be Significantly Overvalued.

Key valuation signals for STU:OCBA:

  • Cyclically Adjusted Revenue per Share: €2.04
  • GF Value™: €11.32 vs. price of €19.09 (68.6% above fair value)
  • GF Score™: 63/100 with 7 warning signs

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


Oversea-Chinese Banking Business Description

Address 63 Chulia Street, No. 10-00 OCBC Centre East, Singapore, SGP, 049514
Oversea-Chinese Banking Corp. is the longest-established Singapore bank, founded by the merger of three local banks in 1932. OCBC's operations include consumer banking, wealth management, and private banking (in part through its Bank of Singapore subsidiary), small- to medium-sized enterprise and business banking, corporate and institutional banking, and insurance through majority-owned Great Eastern Holdings.
63GF Score

Get the complete analysis for STU:OCBA

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

€19.09
Price
€11.32
GF Value