Miyazaki Taiyo Bank (FSE:8560) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FSE:8560 Miyazaki Taiyo Bank Ltd FSE:8560
54 GF Score
Price 円2,630.00
GF Value 円1,544.82
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Miyazaki Taiyo Bank Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Miyazaki Taiyo Bank  (FSE:8560) 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.


Miyazaki Taiyo Bank Cyclically Adjusted PB Ratio Related Terms


Miyazaki Taiyo Bank Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Miyazaki Taiyo 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.

Miyazaki Taiyo Bank Cyclically Adjusted PB Ratio Chart

Miyazaki Taiyo 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 0.15 0.15 0.21 0.17 0.29

Miyazaki Taiyo Bank Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.16 0.17 0.25 0.28 0.27

Miyazaki Taiyo Bank Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Miyazaki Taiyo 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.


Miyazaki Taiyo Bank Cyclically Adjusted PB Ratio vs Banks Industry

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

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


FSE:8560
54GF Score
Miyazaki Taiyo Bank Ltd FSE:8560
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Miyazaki Taiyo 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.

Miyazaki Taiyo Bank's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Miyazaki Taiyo Bank's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=8497.55/113.6000*113.6000
=8,497.550

Current CPI (Jun. 2026) = 113.6000.

Miyazaki Taiyo Bank Quarterly Data

Book Value per Share CPI Adj_Book
201609 6,151.996 98.000 7,131.293
201612 6,381.547 98.400 7,367.314
201703 6,585.457 98.100 7,625.973
201706 6,715.670 98.500 7,745.179
201709 6,788.922 98.800 7,805.886
201712 6,915.056 99.400 7,902.921
201803 6,713.290 99.200 7,687.800
201806 6,832.549 99.200 7,824.371
201809 6,743.431 99.900 7,668.206
201812 6,491.018 99.700 7,395.984
201903 6,463.905 99.700 7,365.091
201906 6,390.220 99.800 7,273.838
201909 6,480.055 100.100 7,353.988
201912 6,604.090 100.500 7,464.922
202003 5,961.494 100.300 6,752.001
202006 6,239.785 99.900 7,095.491
202009 6,377.060 99.900 7,251.592
202012 6,581.925 99.300 7,529.775
202103 6,920.595 99.900 7,869.666
202106 6,987.350 99.500 7,977.517
202109 7,120.402 100.100 8,080.696
202112 7,143.877 100.100 8,107.337
202203 6,895.008 101.100 7,747.507
202206 10,319.037 101.800 11,515.153
202209 10,334.079 103.100 11,386.531
202212 7,705.424 104.100 8,408.609
202303 6,770.429 104.400 7,367.057
202306 8,318.378 105.200 8,982.583
202309 7,070.762 106.200 7,563.452
202312 8,395.208 106.800 8,929.734
202403 7,725.203 107.200 8,186.409
202406 7,676.876 108.200 8,060.010
202409 6,848.181 108.900 7,143.741
202412 8,732.513 110.700 8,961.278
202503 7,362.618 111.100 7,528.293
202506 7,708.682 111.700 7,839.806
202509 7,864.100 112.000 7,976.444
202512 7,959.807 113.000 8,002.071
202603 8,224.467 112.700 8,290.146
202606 8,497.550 113.600 8,497.550

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.

Is Miyazaki Taiyo Bank (FSE:8560) Overvalued in 2026?

Based on GuruFocus' analysis, Miyazaki Taiyo Bank stock appears to be overvalued. The current stock price of 円2,630.00 is trading 70.2% above its estimated GF Value™ of 円1,544.82. GuruFocus considers Miyazaki Taiyo Bank to be Significantly Overvalued.

Key valuation signals for FSE:8560:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円1,544.82 vs. price of 円2,630.00 (70.2% above fair value)
  • GF Score™: 54/100 with 1 warning sign

No single metric tells the full story. See the FSE:8560 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Miyazaki Taiyo Bank Business Description

Address Hiroshima 2-chome 1-31, Miyazaki Prefecture, Miyazaki, JPN, 880-8606
Miyazaki Taiyo Bank Ltd provides commercial banking services including deposits, loans, and foreign exchange transactions in Japan. It operates in three segments: Banking, Outsourcing, and Leasing and Assurance. The company accepts Yen and foreign currency deposits; and offers mutual funds, JGBs, insurance products, and debit cards. It also provides card, free, conclusion, car, education, housing, business support, business, partner, and agricultural equipment loans.
54GF Score

Get the complete analysis for FSE:8560

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

円2,630.00
Price
円1,544.82
GF Value