Musashino Bank (TSE:8336) Cyclically Adjusted PB Ratio: 0.95 (As of Aug. 11, 2026) — 171% Above Median

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TSE:8336 Musashino Bank Ltd TSE:8336
50 GF Score
Price 円2,619.00
GF Value 円1,262.37
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Musashino Bank Cyclically Adjusted PB Ratio?

Musashino Bank TSE:8336 -1.32% 50 Cyclically Adjusted PB Ratio is 0.95 as of Aug. 11, 2026, which is 171% above its 10-year median of 0.35. GuruFocus rates TSE:8336 with a GF Score™ of 50/100 and a GF Value™ of 円1,262.37 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,287 Banks companies, Musashino Bank ranks better than 67.44% on this metric.

As of today (2026-08-11), Musashino Bank's current share price is 円2619.00. Musashino Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円2,753.71. Musashino Bank's Cyclically Adjusted PB Ratio for today is 0.95.

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

TSE:8336' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.35   Max: 1
Current: 0.96

During the past years, Musashino Bank's highest Cyclically Adjusted PB Ratio was 1.00. The lowest was 0.18. And the median was 0.35.

TSE:8336's Cyclically Adjusted PB Ratio is ranked better than
67.44% of 1287 companies
in the Banks industry
Industry Median: 1.28 vs TSE:8336: 0.96

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.

Musashino Bank's adjusted book value per share data for the three months ended in Mar. 2026 was 円2,835.485. 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2,753.71 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Musashino Bank  (TSE:8336) 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.


Musashino Bank Cyclically Adjusted PB Ratio Related Terms


Musashino Bank Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Musashino 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.

Musashino Bank Cyclically Adjusted PB Ratio Chart

Musashino 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 0.25 0.30 0.38 0.40 0.76

Musashino 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 0.40 0.50 0.59 0.76 0.00

Musashino Bank Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Musashino 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.


Musashino Bank Cyclically Adjusted PB Ratio vs Banks Industry

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

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


TSE:8336
50GF Score
Musashino Bank Ltd TSE:8336
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Musashino 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2619.00/2753.71
=0.95

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2835.485/112.7000*112.7000
=2,835.485

Current CPI (Mar. 2026) = 112.7000.

Musashino Bank Quarterly Data

Book Value per Share CPI Adj_Book
201606 2,251.158 98.100 2,586.193
201609 2,269.868 98.000 2,610.348
201612 2,324.911 98.400 2,662.779
201703 2,326.185 98.100 2,672.386
201706 2,377.716 98.500 2,720.493
201709 2,414.565 98.800 2,754.266
201712 2,472.437 99.400 2,803.256
201803 2,455.479 99.200 2,789.642
201806 2,465.331 99.200 2,800.835
201809 2,497.139 99.900 2,817.093
201812 2,337.878 99.700 2,642.717
201903 2,377.386 99.700 2,687.376
201906 2,363.732 99.800 2,669.264
201909 2,406.191 100.100 2,709.068
201912 2,416.603 100.500 2,709.962
202003 2,343.503 100.300 2,633.228
202006 2,387.191 99.900 2,693.057
202009 2,413.402 99.900 2,722.627
202012 2,417.364 99.300 2,743.574
202103 2,480.200 99.900 2,797.983
202106 2,515.221 99.500 2,848.899
202109 2,548.063 100.100 2,868.798
202112 2,541.654 100.100 2,861.582
202203 2,493.327 101.100 2,779.406
202206 2,462.474 101.800 2,726.138
202209 2,478.356 103.100 2,709.124
202212 2,475.059 104.100 2,679.531
202303 2,519.448 104.400 2,719.749
202306 2,576.296 105.200 2,759.967
202309 2,586.421 106.200 2,744.724
202312 2,636.957 106.800 2,782.632
202403 2,762.044 107.200 2,903.753
202406 2,741.055 108.200 2,855.055
202409 2,766.394 108.900 2,862.926
202412 2,751.602 110.700 2,801.315
202503 2,699.677 111.100 2,738.556
202506 2,771.155 111.700 2,795.964
202509 2,833.649 112.000 2,851.359
202512 2,804.569 113.000 2,797.123
202603 2,835.485 112.700 2,835.485

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 0.95 mean?
Musashino Bank (TSE:8336) has a Cyclically Adjusted PB Ratio of 0.95 as of Aug. 11, 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 Musashino Bank and its competitors. This is 171% above median its historical median of 0.35. Over the past decade, Musashino Bank's Cyclically Adjusted PB Ratio has ranged from 0.18 to 1.00. According to the industry distribution chart, Musashino Bank ranks #419 out of 1287 companies in the Banks industry, placing it in the top 32.6%.
Is Musashino Bank's Cyclically Adjusted PB Ratio too high?
Musashino Bank's current Cyclically Adjusted PB Ratio of 0.95 is 171% above median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 1.00. The Banks industry median Cyclically Adjusted PB Ratio is 1.28. Musashino Bank's value of 0.95 is 25.8% below this industry median. Based on the distribution chart, Musashino Bank ranks #419 out of 1287 companies in the Banks industry, which is above the industry midpoint. Overall, Musashino Bank has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Musashino Bank's Cyclically Adjusted PB Ratio compare to competitors?
According to the Banks industry distribution chart, Musashino Bank ranks #419 out of 1287 companies for Cyclically Adjusted PB Ratio. This puts Musashino Bank in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. Musashino Bank's value of 0.95 is 25.8% below this benchmark. Historically, Musashino Bank's own Cyclically Adjusted PB Ratio has ranged from 0.18 to 1.00 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 1.28, Musashino 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 1,287 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. Musashino Bank's current Cyclically Adjusted PB Ratio of 0.95 is 25.8% 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 Musashino 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. Musashino Bank's current Cyclically Adjusted PB Ratio is 0.95, which is 171% above median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Musashino Bank stock overvalued right now?
Based on GuruFocus' analysis, Musashino Bank (TSE:8336) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,262.37, compared to a current price of 円2,619.00 — trading 107.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.95, which is 171% above median its 10-year median of 0.35 and 25.8% below the Banks industry median of 1.28. Musashino Bank's overall GF Score™ is 50/100 with 6 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 Musashino Bank (TSE:8336), the current Cyclically Adjusted PB Ratio is 0.95 as of Aug. 11, 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 Musashino Bank (TSE:8336) Overvalued in 2026?

Based on GuruFocus' analysis, Musashino Bank stock appears to be overvalued. The current stock price of 円2,619.00 is trading 107.5% above its estimated GF Value™ of 円1,262.37. GuruFocus considers Musashino Bank to be Significantly Overvalued.

Key valuation signals for TSE:8336:

  • Cyclically Adjusted PB Ratio: 0.95 (171% above median its 10-year median of 0.35)
  • GF Value™: 円1,262.37 vs. price of 円2,619.00 (107.5% above fair value)
  • GF Score™: 50/100 with 6 warning signs
  • Industry Position: 25.8% below the Banks median (#419 of 1287)

No single metric tells the full story. See the TSE:8336 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Musashino Bank Business Description

Address 333-13, OLS Building, Sakuragi-cho 4-chome, Omiya-ku, Saitama, JPN, 330-0854
Musashino Bank Ltd provides banking products and financial services to its customers in Japan and internationally. The bank is headquartered in Japan and generates the majority of revenue domestically. There are three major segments of the bank's operations, with banking contributing the largest portion of revenue, followed by leasing and finally credit guarantee. Products and services include deposits, loans, investment securities, domestic and foreign exchange, leasing, credit cards, debt guarantee, Internet banking, and ATM services. The bank also develops and sells computer systems and provides management support for local companies.
50GF Score

Get the complete analysis for TSE:8336

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

円2,619.00
Price
円1,262.37
GF Value