Juroku Bank (NGO:8356) Cyclically Adjusted PB Ratio: (As of Aug. 08, 2026)

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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.

NGO:8356 Juroku Bank Ltd NGO:8356
12 GF Score
Price 円1,686.00
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What is Juroku Bank Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Juroku Bank  (NGO:8356) 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.


Juroku Bank Cyclically Adjusted PB Ratio Related Terms


Juroku Bank Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Juroku 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.

Juroku Bank Cyclically Adjusted PB Ratio Chart

Juroku Bank Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Cyclically Adjusted PB Ratio
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Juroku Bank Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.00 0.00 0.00 0.00 0.00

NGO:8356 vs USB, TFC, PNC: Cyclically Adjusted PB Ratio Comparison

For the Banks - Regional subindustry, Juroku 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.


Juroku Bank Cyclically Adjusted PB Ratio vs Banks Industry

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

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


NGO:8356
12GF Score
Juroku Bank Ltd NGO:8356
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Juroku 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.

Juroku Bank's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2021 is calculated as:

For example, Juroku Bank's adjusted Book Value per Share data for the three months ended in Sep. 2021 was:

Adj_Book=Book Value per Share/CPI of Sep. 2021 (Change)*Current CPI (Sep. 2021)
=10799.818/100.1000*100.1000
=10,799.818

Current CPI (Sep. 2021) = 100.1000.

Juroku Bank Quarterly Data

Book Value per Share CPI Adj_Book
201112 5,753.324 94.300 6,107.187
201203 6,165.672 95.100 6,489.840
201206 6,168.321 94.400 6,540.773
201209 7,133.194 94.400 7,563.906
201212 7,343.715 94.100 7,811.965
201303 7,801.300 94.200 8,289.916
201306 7,763.385 94.600 8,214.745
201309 8,111.295 95.400 8,510.908
201312 8,233.429 95.600 8,620.986
201403 8,236.801 95.700 8,615.504
201406 8,653.108 98.000 8,838.532
201409 8,832.000 98.500 8,975.464
201412 9,293.077 97.900 9,501.910
201503 9,209.864 97.900 9,416.827
201506 9,187.224 98.400 9,345.946
201509 8,992.105 98.500 9,138.170
201512 9,130.409 98.100 9,316.554
201603 9,031.420 97.900 9,234.373
201606 9,038.940 98.100 9,223.220
201609 9,116.338 98.000 9,311.688
201612 8,803.366 98.400 8,955.457
201703 8,823.076 98.100 9,002.955
201706 8,923.472 98.500 9,068.422
201709 9,095.241 98.800 9,214.915
201712 9,325.316 99.400 9,390.987
201803 9,186.981 99.200 9,270.331
201806 9,295.514 99.200 9,379.848
201809 9,378.356 99.900 9,397.131
201812 9,157.258 99.700 9,193.997
201903 9,481.958 99.700 9,520.000
201906 9,546.041 99.800 9,574.737
201909 9,806.360 100.100 9,806.360
201912 9,926.575 100.500 9,887.066
202003 9,372.207 100.300 9,353.519
202006 9,768.016 99.900 9,787.572
202009 10,025.151 99.900 10,045.221
202012 10,328.000 99.300 10,411.206
202103 10,428.491 99.900 10,449.369
202106 10,697.054 99.500 10,761.559
202109 10,799.818 100.100 10,799.818

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.


Juroku Bank Business Description

Address 8-26, Kandamachi, Gifu, JPN, 500-8516
Juroku Bank Ltd is a Japanese bank that focuses its operational efforts on the industrial center of the Chubu region of Japan, particularly the Gifu prefecture. Loans and bills discounted constitute a majority of the bank's earning assets. An overwhelming majority of its loan portfolio is related to loans on deeds. its deposit base is split nearly evenly between time deposits and ordinary deposits. Securities also constitute a sizable portion of earning assets, mostly related to national government bonds and other securities. Net interest income and income on lease transactions and installment receivables drive a majority of the bank's income generation.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,686.00
Price