SKCBY (Shinkin Central Bank) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SKCBY Shinkin Central Bank SKCBY
55 GF Score
Price $7.06
GF Value $6.09
! 4 Warning Signs
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What is Shinkin Central Bank Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shinkin Central Bank  (OTCPK:SKCBY) 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.


Shinkin Central Bank Cyclically Adjusted PB Ratio Related Terms


Shinkin Central Bank Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shinkin Central 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.

Shinkin Central Bank Cyclically Adjusted PB Ratio Chart

Shinkin Central 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 0.12 0.10 0.10 0.09 0.09

Shinkin Central 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 0.09 0.09 0.09 0.09 0.09

Shinkin Central Bank Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Shinkin Central 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.


Shinkin Central Bank Cyclically Adjusted PB Ratio vs Banks Industry

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

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


SKCBY
55GF Score
Shinkin Central Bank SKCBY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shinkin Central 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.

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

For example, Shinkin Central 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)
=58.984/113.6000*113.6000
=58.984

Current CPI (Jun. 2026) = 113.6000.

Shinkin Central Bank Quarterly Data

Book Value per Share CPI Adj_Book
201609 91.914 98.000 106.545
201612 78.394 98.400 90.504
201703 82.408 98.100 95.429
201706 81.504 98.500 93.999
201709 82.462 98.800 94.815
201712 83.792 99.400 95.762
201803 86.384 99.200 98.924
201806 82.841 99.200 94.866
201809 80.513 99.900 91.554
201812 81.353 99.700 92.695
201903 84.729 99.700 96.542
201906 87.758 99.800 99.893
201909 89.383 100.100 101.438
201912 89.171 100.500 100.794
202003 81.107 100.300 91.862
202006 85.848 99.900 97.621
202009 90.778 99.900 103.227
202012 95.467 99.300 109.215
202103 88.288 99.900 100.396
202106 89.176 99.500 101.813
202109 88.842 100.100 100.824
202112 86.222 100.100 97.850
202203 74.282 101.100 83.466
202206 59.177 101.800 66.036
202209 50.470 103.100 55.610
202212 53.453 104.100 58.331
202303 57.085 104.400 62.115
202306 53.223 105.200 57.473
202309 48.017 106.200 51.363
202312 54.211 106.800 57.663
202403 58.145 107.200 61.616
202406 52.728 108.200 55.360
202409 61.192 108.900 63.833
202412 55.626 110.700 57.083
202503 57.123 111.100 58.408
202506 60.157 111.700 61.180
202509 61.482 112.000 62.360
202512 60.389 113.000 60.710
202603 58.142 112.700 58.606
202606 58.984 113.600 58.984

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 Shinkin Central Bank (SKCBY) Overvalued in 2026?

Based on GuruFocus' analysis, Shinkin Central Bank stock appears to be overvalued. The current stock price of $7.06 is trading 15.9% above its estimated GF Value™ of $6.09.

Key valuation signals for SKCBY:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $6.09 vs. price of $7.06 (15.9% above fair value)
  • GF Score™: 55/100 with 4 warning signs

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


Shinkin Central Bank Business Description

Other Exchanges 8421:Japan
Address 3-7, Yaesu 1-chome, Chuo-ku, Tokyo, JPN, 103-0028
Shinkin Central Bank provides various financial products and services, including deposit, bond, financing, market operation, securities, and settlement, as well as business support and function supplement for cooperative banks. It uses the funds deposited from Shinkin banks throughout Japan to invest in marketable securities in the financial markets in Japan and overseas. It provides loans to operating companies.
55GF Score

Get the complete analysis for SKCBY

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

$7.06
Price
$6.09
GF Value