Halyk Bank of Kazakhstan JSC (XKAZ:HSBK) Cyclically Adjusted Revenue per Share: ₸90.27 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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XKAZ:HSBK Halyk Bank of Kazakhstan JSC XKAZ:HSBK
60 GF Score
Price ₸380.57
GF Value ₸325.51
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Halyk Bank of Kazakhstan JSC Cyclically Adjusted Revenue per Share?

Halyk Bank of Kazakhstan JSC XKAZ:HSBK -0.75% 60 Cyclically Adjusted Revenue per Share is ₸90.27 as of Jun. 2026. GuruFocus rates XKAZ:HSBK with a GF Score™ of 60/100 and a GF Value™ of ₸325.51 (Modestly Overvalued). The stock has 6 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.

Halyk Bank of Kazakhstan JSC's adjusted revenue per share for the three months ended in Jun. 2026 was ₸36.561. 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 ₸90.27 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Halyk Bank of Kazakhstan JSC's average Cyclically Adjusted Revenue Growth Rate was 19.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 22.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 23.80% 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 Halyk Bank of Kazakhstan JSC was 25.70% per year. The lowest was 22.40% per year. And the median was 24.10% per year.

As of today (2026-08-25), Halyk Bank of Kazakhstan JSC's current stock price is ₸380.57. Halyk Bank of Kazakhstan JSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₸90.27. Halyk Bank of Kazakhstan JSC's Cyclically Adjusted PS Ratio of today is 4.22.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Halyk Bank of Kazakhstan JSC was 6.19. The lowest was 2.75. And the median was 3.91.


Halyk Bank of Kazakhstan JSC  (XKAZ:HSBK) 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.

Halyk Bank of Kazakhstan JSC's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=380.57/90.27
=4.22

* 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 Halyk Bank of Kazakhstan JSC was 6.19. The lowest was 2.75. And the median was 3.91.


Be Aware

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


Halyk Bank of Kazakhstan JSC Cyclically Adjusted Revenue per Share Related Terms


Halyk Bank of Kazakhstan JSC Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Halyk Bank of Kazakhstan JSC'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.

Halyk Bank of Kazakhstan JSC Cyclically Adjusted Revenue per Share Chart

Halyk Bank of Kazakhstan JSC 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 34.43 44.50 55.09 68.39 81.62

Halyk Bank of Kazakhstan JSC 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 75.59 79.68 81.62 86.38 90.27

XKAZ:HSBK vs PNC, USB: Cyclically Adjusted Revenue per Share Comparison

For the Banks - Regional subindustry, Halyk Bank of Kazakhstan JSC'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.


Halyk Bank of Kazakhstan JSC Cyclically Adjusted PS Ratio vs Banks Industry

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

* The bar in red indicates where Halyk Bank of Kazakhstan JSC's Cyclically Adjusted PS Ratio falls into.


XKAZ:HSBK
60GF Score
Halyk Bank of Kazakhstan JSC XKAZ:HSBK
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Halyk Bank of Kazakhstan JSC 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, Halyk Bank of Kazakhstan JSC'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)
=36.561/333.9520*333.9520
=36.561

Current CPI (Jun. 2026) = 333.9520.

Halyk Bank of Kazakhstan JSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 5.844 241.428 8.084
201612 5.362 241.432 7.417
201703 5.732 243.801 7.852
201706 6.310 244.955 8.603
201709 9.183 246.819 12.425
201712 12.163 246.524 16.477
201803 10.919 249.554 14.612
201806 1.257 251.989 1.666
201809 11.125 252.439 14.717
201812 10.716 251.233 14.244
201903 10.210 254.202 13.413
201906 11.573 256.143 15.089
201909 11.373 256.759 14.792
201912 12.824 256.974 16.666
202003 13.102 258.115 16.952
202006 10.798 257.797 13.988
202009 11.595 260.280 14.877
202012 12.733 260.474 16.325
202103 12.838 264.877 16.186
202106 15.312 271.696 18.821
202109 15.750 274.310 19.174
202112 15.597 278.802 18.682
202203 19.571 287.504 22.733
202206 23.629 296.311 26.631
202209 21.425 296.808 24.106
202212 25.555 296.797 28.754
202303 24.374 301.836 26.967
202306 25.431 305.109 27.835
202309 26.650 307.789 28.915
202312 28.299 306.746 30.809
202403 25.951 312.332 27.747
202406 31.302 314.175 33.272
202409 36.268 315.301 38.413
202412 41.486 315.605 43.898
202503 38.499 319.799 40.203
202506 40.148 322.561 41.566
202509 41.449 324.800 42.617
202512 41.044 324.054 42.298
202603 37.876 330.213 38.305
202606 36.561 333.952 36.561

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 ₸90.27 mean?
Halyk Bank of Kazakhstan JSC (XKAZ:HSBK) has a Cyclically Adjusted Revenue per Share of ₸90.27 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 Halyk Bank of Kazakhstan JSC and its competitors.
Is Halyk Bank of Kazakhstan JSC's Cyclically Adjusted Revenue per Share too high?
Halyk Bank of Kazakhstan JSC's current Cyclically Adjusted Revenue per Share is ₸90.27. Overall, Halyk Bank of Kazakhstan JSC has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Halyk Bank of Kazakhstan JSC's Cyclically Adjusted Revenue per Share compare to PNC and USB?
Halyk Bank of Kazakhstan JSC's Cyclically Adjusted Revenue per Share of ₸90.27 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 Halyk Bank of Kazakhstan JSC and its competitors. Halyk Bank of Kazakhstan JSC's current Cyclically Adjusted Revenue per Share is ₸90.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Halyk Bank of Kazakhstan JSC stock overvalued right now?
Based on GuruFocus' analysis, Halyk Bank of Kazakhstan JSC (XKAZ:HSBK) is currently considered Modestly Overvalued. The stock's GF Value™ is ₸325.51, compared to a current price of ₸380.57 — trading 16.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₸90.27. Halyk Bank of Kazakhstan JSC's overall GF Score™ is 60/100 with 6 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 Halyk Bank of Kazakhstan JSC (XKAZ:HSBK), the current Cyclically Adjusted Revenue per Share is ₸90.27 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 Halyk Bank of Kazakhstan JSC (XKAZ:HSBK) Overvalued in 2026?

Based on GuruFocus' analysis, Halyk Bank of Kazakhstan JSC stock appears to be overvalued. The current stock price of ₸380.57 is trading 16.9% above its estimated GF Value™ of ₸325.51. GuruFocus considers Halyk Bank of Kazakhstan JSC to be Modestly Overvalued.

Key valuation signals for XKAZ:HSBK:

  • Cyclically Adjusted Revenue per Share: ₸90.27
  • GF Value™: ₸325.51 vs. price of ₸380.57 (16.9% above fair value)
  • GF Score™: 60/100 with 6 warning signs

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


Halyk Bank of Kazakhstan JSC Business Description

Address 40, Al-Farabi Avenue, Almaty, KAZ, A26M3K5
Halyk Bank of Kazakhstan JSC is engaged in retail, corporate, and SME banking services. It also provides insurance, cash collection, asset management, brokerage, telecommunication, and leasing services. The group has four main business segments: Corporate Banking, SME Banking, Retail Banking, and Investment Banking. The majority of revenue derives from the corporate banking segment, which includes banking services to corporate clients and financial institutions, including current accounts and correspondent accounts, deposits, custody, overdrafts, loans and other credit facilities, documentary operations, including guarantees and letters of credit, trade finance products, as well as cash services and foreign exchange transactions.
60GF Score

Get the complete analysis for XKAZ:HSBK

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

₸380.57
Price
₸325.51
GF Value