Cullen/Frost BankersXTER:CFZ +0.76%20 Median PS Value is €138.55 as of Jun. 24, 2026, which is 100% below its 10-year median of 1.02. GuruFocus rates XTER:CFZ with a GF Score™ of 20/100 and a GF Value™ of €119.85 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,043 Banks companies, Cullen/Frost Bankers ranks better than 68.84% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
The historical rank and industry rank for Cullen/Frost Bankers's Median PS Value or its related term are showing as below:
XTER:CFZ'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.55 Med: 1.02 Max: 1.36
Current: 0.95
During the past 13 years, the highest Price to Median PS Value of Cullen/Frost Bankers was 1.36. The lowest was 0.55. And the median was 1.02.
XTER:CFZ's Price-to-Median-PS-Value is ranked better than 68.84% of 1043
companies
in the Banks industry
Industry Median: 1.09
vs XTER:CFZ: 0.95
Cullen/Frost Bankers (XTER:CFZ) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Cullen/Frost Bankers's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
133.00
/
138.55
=
0.96
* 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.
Cullen/Frost Bankers Median PS Value Related Terms
Cullen/Frost Bankers Median PS Value Historical Data
* Premium members only.
The historical data trend for Cullen/Frost Bankers's Median PS Value 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.
For the Banks - Regional subindustry, Cullen/Frost Bankers's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
Cullen/Frost Bankers Price-to-Median-PS-Value vs Banks Industry
For the Banks industry and Financial Services sector, Cullen/Frost Bankers's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Cullen/Frost Bankers's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 3.9013.
For company reported annually, GuruFocus uses latest annual data as the TTM data. Cullen/Frost Bankers's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was €35.514.
* 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.
Cullen/Frost Bankers (XTER:CFZ) has a Median PS Value of €138.55 as of Jun. 24, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Cullen/Frost Bankers and its competitors. This is 13483% above median its historical median of 1.02. Over the past decade, Cullen/Frost Bankers' Median PS Value has ranged from 0.55 to 1.36. According to the industry distribution chart, Cullen/Frost Bankers ranks #325 out of 1043 companies in the Banks industry, placing it in the top 31.2%.
Is Cullen/Frost Bankers' Median PS Value too high?
Cullen/Frost Bankers' current Median PS Value of €138.55 is 13483% above median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.36. Based on the distribution chart, Cullen/Frost Bankers ranks #325 out of 1043 companies in the Banks industry, which is above the industry midpoint. Overall, Cullen/Frost Bankers has a GF Score™ of 20/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cullen/Frost Bankers' Median PS Value compare to ?
According to the Banks industry distribution chart, Cullen/Frost Bankers ranks #325 out of 1043 companies for Median PS Value. This puts Cullen/Frost Bankers in the upper half of its industry. The industry median Median PS Value is 1.09. Historically, Cullen/Frost Bankers' own Median PS Value has ranged from 0.55 to 1.36 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Banks company?
The median Median PS Value among Banks companies is 1.09, based on 1,043 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value 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 Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Cullen/Frost Bankers and its competitors. For the Banks industry, the median Median PS Value is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cullen/Frost Bankers's current Median PS Value is €138.55, which is 13483% above median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cullen/Frost Bankers stock overvalued right now?
Based on GuruFocus' analysis, Cullen/Frost Bankers (XTER:CFZ) is currently considered Fairly Valued. The stock's GF Value™ is €119.85, compared to a current price of €133.00 — trading 11% above its estimated fair value. The current Median PS Value is €138.55, which is 13483% above median its 10-year median of 1.02. Cullen/Frost Bankers' overall GF Score™ is 20/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For Cullen/Frost Bankers (XTER:CFZ), the current Median PS Value is €138.55 as of Jun. 24, 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 Cullen/Frost Bankers (XTER:CFZ) Overvalued in 2026?
Based on GuruFocus' analysis, Cullen/Frost Bankers stock appears to be overvalued.
The current stock price of €133.00 is trading 11% above its estimated GF Value™ of €119.85.
GuruFocus considers Cullen/Frost Bankers to be Fairly Valued.
Key valuation signals for XTER:CFZ:
Median PS Value: €138.55 (13483% above median its 10-year median of 1.02)
GF Value™: €119.85 vs. price of €133.00 (11% above fair value)
No single metric tells the full story. See the XTER:CFZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cullen/Frost is a regional US bank with around $52 billion in assets (as of March 2026), and it focuses exclusively on the Texas market. The bank has deep expertise in this market. It has implemented a relationship-based banking approach that has garnered a strong market share in San Antonio. Cullen/Frost is also expanding into Houston, Dallas, and Austin market regions through targeted branch openings rather than acquisitions. The bank's sweet spot is small to medium-sized Texas-based commercial clients.
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