The 77 Bank (TSE:8341) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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.

TSE:8341 The 77 Bank Ltd TSE:8341
51 GF Score
Price 円4,185.00
GF Value 円2,182.31
Valuation Significantly Overvalued
! 5 Warning Signs
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What is The 77 Bank Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


The 77 Bank  (TSE:8341) 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.


The 77 Bank Cyclically Adjusted PB Ratio Related Terms


The 77 Bank Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for The 77 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.

The 77 Bank Cyclically Adjusted PB Ratio Chart

The 77 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 0.24 0.32 0.58 0.64 1.18

The 77 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 0.66 0.82 0.98 1.19 1.27

The 77 Bank Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, The 77 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.


The 77 Bank Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, The 77 Bank's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where The 77 Bank's Cyclically Adjusted PB Ratio falls into.


TSE:8341
51GF Score
The 77 Bank Ltd TSE:8341
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The 77 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.

The 77 Bank's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, The 77 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)
=3394.551/113.6000*113.6000
=3,394.551

Current CPI (Jun. 2026) = 113.6000.

The 77 Bank Quarterly Data

Book Value per Share CPI Adj_Book
201609 2,015.014 98.000 2,335.771
201612 2,100.455 98.400 2,424.916
201703 2,105.517 98.100 2,438.193
201706 2,159.219 98.500 2,490.226
201709 2,204.807 98.800 2,535.082
201712 2,285.667 99.400 2,612.191
201803 2,204.423 99.200 2,524.420
201806 2,242.578 99.200 2,568.114
201809 2,292.874 99.900 2,607.312
201812 2,116.444 99.700 2,411.515
201903 2,194.071 99.700 2,499.965
201906 2,197.951 99.800 2,501.876
201909 2,243.552 100.100 2,546.129
201912 2,292.223 100.500 2,591.010
202003 2,019.084 100.300 2,286.819
202006 2,088.478 99.900 2,374.886
202009 2,126.580 99.900 2,418.213
202012 2,218.220 99.300 2,537.662
202103 2,315.714 99.900 2,633.284
202106 2,360.894 99.500 2,695.453
202109 2,387.494 100.100 2,709.484
202112 2,401.310 100.100 2,725.163
202203 2,314.648 101.100 2,600.831
202206 2,224.367 101.800 2,482.201
202209 2,188.459 103.100 2,411.338
202212 2,139.772 104.100 2,335.044
202303 2,272.864 104.400 2,473.155
202306 2,453.552 105.200 2,649.463
202309 2,388.813 106.200 2,555.265
202312 2,486.093 106.800 2,644.384
202403 2,707.199 107.200 2,868.823
202406 2,678.384 108.200 2,812.056
202409 2,703.917 108.900 2,820.615
202412 2,710.536 110.700 2,781.544
202503 2,578.618 111.100 2,636.643
202506 2,712.239 111.700 2,758.374
202509 2,901.738 112.000 2,943.191
202512 3,001.535 113.000 3,017.472
202603 3,101.342 112.700 3,126.109
202606 3,394.551 113.600 3,394.551

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 The 77 Bank (TSE:8341) Overvalued in 2026?

Based on GuruFocus' analysis, The 77 Bank stock appears to be overvalued. The current stock price of 円4,185.00 is trading 91.8% above its estimated GF Value™ of 円2,182.31. GuruFocus considers The 77 Bank to be Significantly Overvalued.

Key valuation signals for TSE:8341:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円2,182.31 vs. price of 円4,185.00 (91.8% above fair value)
  • GF Score™: 51/100 with 5 warning signs

No single metric tells the full story. See the TSE:8341 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The 77 Bank Business Description

Address 3-20, Chuo 3-chome, Aoba-ku, Miyagi, Sendai, JPN, 980-8777
The 77 Bank Ltd is a Japan-based company mainly engaged in banking, leasing, and other financial services. Its Banking Business includes deposits, lending, securities trading and investment, domestic and foreign exchange, corporate bond trust, and agency operations, as well as sales of government bonds, investment trusts, and insurance products. The Leasing Business focuses on financial-related leasing, while other operations include credit guarantee, credit card, financial product transactions, research and consulting, electronic computing services, fund management, and investment activities.
51GF Score

Get the complete analysis for TSE:8341

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

円4,185.00
Price
円2,182.31
GF Value