Chikuho Bank (FSE:8398) Cyclically Adjusted PB Ratio: 0.31 (As of Aug. 07, 2026) — 35% Above Median

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FSE:8398 Chikuho Bank Ltd FSE:8398
60 GF Score
Price 円2,010.00
GF Value 円2,058.98
Valuation Fairly Valued
! 2 Warning Signs
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What is Chikuho Bank Cyclically Adjusted PB Ratio?

Chikuho Bank FSE:8398 -0.40% 60 Cyclically Adjusted PB Ratio is 0.31 as of Aug. 07, 2026, which is 35% above its 10-year median of 0.23. GuruFocus rates FSE:8398 with a GF Score™ of 60/100 and a GF Value™ of 円2,058.98 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,285 Banks companies, Chikuho Bank ranks better than 93.93% on this metric.

As of today (2026-08-07), Chikuho Bank's current share price is 円2010.00. Chikuho Bank's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was 円6,488.70. Chikuho Bank's Cyclically Adjusted PB Ratio for today is 0.31.

The historical rank and industry rank for Chikuho Bank's Cyclically Adjusted PB Ratio or its related term are showing as below:

FSE:8398' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.23   Max: 0.33
Current: 0.32

During the past 13 years, Chikuho Bank's highest Cyclically Adjusted PB Ratio was 0.33. The lowest was 0.20. And the median was 0.23.

FSE:8398's Cyclically Adjusted PB Ratio is ranked better than
93.93% of 1285 companies
in the Banks industry
Industry Median: 1.28 vs FSE:8398: 0.32

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Chikuho Bank's adjusted book value per share data of for the fiscal year that ended in Mar26 was 円6,314.564. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is 円6,488.70 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chikuho Bank  (FSE:8398) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Chikuho Bank Cyclically Adjusted PB Ratio Related Terms


Chikuho Bank Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chikuho Bank's Cyclically Adjusted PB Ratio 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.

Chikuho Bank Cyclically Adjusted PB Ratio Chart

Chikuho Bank Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.22 0.24 0.21 0.29

Chikuho Bank Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Cyclically Adjusted PB Ratio 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 0.24 0.21 0.21 0.00 0.29

Chikuho Bank Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Chikuho Bank's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Chikuho Bank Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Chikuho Bank's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chikuho Bank's Cyclically Adjusted PB Ratio falls into.


FSE:8398
60GF Score
Chikuho Bank Ltd FSE:8398
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Chikuho Bank Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Chikuho Bank's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2010.00/6488.70
=0.31

* 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.

Chikuho Bank's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Chikuho Bank's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=6314.564/112.7000*112.7000
=6,314.564

Current CPI (Mar26) = 112.7000.

Chikuho Bank Annual Data

Book Value per Share CPI Adj_Book
201703 6,167.434 98.100 7,085.319
201803 6,531.835 99.200 7,420.744
201903 6,123.256 99.700 6,921.675
202003 4,871.837 100.300 5,474.138
202103 6,594.220 99.900 7,439.125
202203 5,904.738 101.100 6,582.235
202303 5,308.540 104.400 5,730.579
202403 6,304.226 107.200 6,627.670
202503 5,215.847 111.100 5,290.963
202603 6,314.564 112.700 6,314.564

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.

What does a Cyclically Adjusted PB Ratio of 0.31 mean?
Chikuho Bank (FSE:8398) has a Cyclically Adjusted PB Ratio of 0.31 as of Aug. 07, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Chikuho Bank and its competitors. This is 35% above median its historical median of 0.23. Over the past decade, Chikuho Bank's Cyclically Adjusted PB Ratio has ranged from 0.20 to 0.33. According to the industry distribution chart, Chikuho Bank ranks #78 out of 1285 companies in the Banks industry, placing it in the top 6.1%.
Is Chikuho Bank's Cyclically Adjusted PB Ratio too high?
Chikuho Bank's current Cyclically Adjusted PB Ratio of 0.31 is 35% above median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.33. The Banks industry median Cyclically Adjusted PB Ratio is 1.28. Chikuho Bank's value of 0.31 is 75.8% below this industry median. Based on the distribution chart, Chikuho Bank ranks #78 out of 1285 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Chikuho Bank has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chikuho Bank's Cyclically Adjusted PB Ratio compare to competitors?
According to the Banks industry distribution chart, Chikuho Bank ranks #78 out of 1285 companies for Cyclically Adjusted PB Ratio. This places Chikuho Bank in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.28. Chikuho Bank's value of 0.31 is 75.8% below this benchmark. Historically, Chikuho Bank's own Cyclically Adjusted PB Ratio has ranged from 0.20 to 0.33 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 1.28, Chikuho Bank has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.28, based on 1,285 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chikuho Bank's current Cyclically Adjusted PB Ratio of 0.31 is 75.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Chikuho Bank and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chikuho Bank's current Cyclically Adjusted PB Ratio is 0.31, which is 35% above median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chikuho Bank stock overvalued right now?
Based on GuruFocus' analysis, Chikuho Bank (FSE:8398) is currently considered Fairly Valued. The stock's GF Value™ is 円2,058.98, compared to a current price of 円2,010.00 — trading 2.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.31, which is 35% above median its 10-year median of 0.23 and 75.8% below the Banks industry median of 1.28. Chikuho Bank's overall GF Score™ is 60/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Chikuho Bank (FSE:8398), the current Cyclically Adjusted PB Ratio is 0.31 as of Aug. 07, 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 Chikuho Bank (FSE:8398) Overvalued in 2026?

Based on GuruFocus' analysis, Chikuho Bank stock appears to be undervalued. The current stock price of 円2,010.00 is trading 2.4% below its estimated GF Value™ of 円2,058.98. GuruFocus considers Chikuho Bank to be Fairly Valued.

Key valuation signals for FSE:8398:

  • Cyclically Adjusted PB Ratio: 0.31 (35% above median its 10-year median of 0.23)
  • GF Value™: 円2,058.98 vs. price of 円2,010.00 (2.4% below fair value)
  • GF Score™: 60/100 with 2 warning signs
  • Industry Position: 75.8% below the Banks median (#78 of 1285)

No single metric tells the full story. See the FSE:8398 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chikuho Bank Business Description

Address 2456-1 Suwano-machi, Kurume, Fukuoka, JPN, 830-0037
Chikuho Bank Ltd is operates as a banking service provider. The services provided by the bank include internet banking and mobile banking.
60GF Score

Get the complete analysis for FSE:8398

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

円2,010.00
Price
円2,058.98
GF Value